Added to YB: 2024-05-17
Pitch date: 2024-05-15
KER.PA [bullish]
Kering SA
-6.53%
current return
Author Info
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Company Info
Kering SA manages the development of a collection of renowned houses in fashion, leather goods, and jewelry in the Asia Pacific, Western Europe, North America, Japan, and internationally.
Market Cap
EUR 40.7B
Pitch Price
EUR 325.30
Price Target
372.74 (+26%)
Dividend
1.81%
EV/EBITDA
14.09
P/E
55.82
EV/Sales
3.63
Sector
Textiles, Apparel and Luxury Goods
Category
value
Kering - Brief Breakdown
Kering owns Gucci, YSL, Bottega Veneta etc. Gucci = >60% profits but slowing, hurting valuation. YSL & BV have growth potential. Key risks: Gucci troubles, risky M&A, rivals gaining share. Trades 13.5x PE, Sum of Parts ~12% undervalued if brands stay strong, expand in Asia.
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