Added to YB: 2024-11-20
Pitch date: 2024-11-19
EL.PA [neutral]
EssilorLuxottica Société anonyme
-22.57%
current return
Author Info
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Company Info
EssilorLuxottica Société anonyme designs, manufactures, and distributes ophthalmic lenses, frames, sunglasses, and instruments and equipment in North America, the Middle East, Africa, Europe, Latin America, and the Asia-Pacific.
Market Cap
EUR 85.7B
Pitch Price
EUR 226.53
Price Target
N/A
Dividend
2.15%
EV/EBITDA
14.81
P/E
37.29
EV/Sales
3.41
Sector
Health Care Equipment and Supplies
Category
N/A
EssilorLuxottica Part IV: Full Analysis
EL.PA (hold): Leader in eyecare/eyewear (35-40% market share), strong brands (Ray-Ban, Oakley), 17k stores. Vertically integrated, high barriers. Smart glasses w/ Meta potential. Aging population tailwind. Trades 30x FCF, 14-15x EBITDA. 5% rev growth, 10% FCF margin. Returns ~7% annually at €220/share.
Read full article (49 min)