Added to YB: 2026-09-08
Pitch date: 2026-09-04
MC.PA [neutral]
LVMH Moët Hennessy - Louis Vuitton, Société Européenne
+0.81%
current return
Author Info
No bio for this author
Company Info
LVMH Moët Hennessy - Louis Vuitton, Société Européenne, together with its subsidiaries, operates as a luxury goods company worldwide.
Market Cap
EUR 211.6B
Pitch Price
EUR 427.75
Price Target
N/A
Dividend
3.03%
EV/EBITDA
10.24
P/E
19.56
EV/Sales
2.99
Sector
Textiles, Apparel and Luxury Goods
Category
N/A
13.1# LVMH: Has the valley of the cycle arrived yet?
MC.PA (earnings): LVMH appears to be normalizing after the post-Covid peak rather than facing structural demand contraction: first-half 2026 revenue was €38.6B, up 2% organically but down 3% reported on currency and divestment effects. The 22.5% operating margin was sustained through cost discipline, not operating leverage, which management expects at 3-4% growth. The key concern is inventories rising 6.7% while organic growth remains 2%.
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