Kering SA KER

Morningstar Rating
€256.85 −10.00 (3.75%)
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Company Report

Price vs Fair Value

KER is trading at a 325% premium.
Price
€266.85
Fair Value
€412.00
Uncertainty
Medium
1-Star Price
€659.60
5-Star Price
€342.30
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Gucci is one of the top three global luxury brands by customer awareness, with a global footprint of over 500 stores and strong margins.

Bears

Gucci could struggle to recover brand appeal after the current downturn, and as its new creative director's collections could not be successful.

News

Trading Information

Previous Close Price
€266.85
Day Range
€255.60269.35
52-Week Range
€218.45438.60
Bid/Ask
€255.00 / €259.50
Market Cap
€31.48 Bil
Volume/Avg
460,794 / 295,809

Key Statistics

Price/Earnings (Normalized)
15.27
Price/Sales
1.77
Dividend Yield (Trailing)
5.25%
Dividend Yield (Forward)
5.25%
Total Yield
5.25%

Company Profile

Kering is the world’s second-largest luxury goods conglomerate after LVMH. Its flagship brand is Gucci, which accounts for over 50% of revenue and almost 70% of operating profits. Its other leading brands include Bottega Veneta and Saint Laurent. Other smaller luxury brands (in ready-to-wear, leather goods, and jewellery) generate 19% of sales. Alexander McQueen, Balenciaga, and Boucheron are part of Kering’s portfolio.
Sector
Consumer Cyclical
Industry
Luxury Goods
Stock Style Box
Large Value
Total Number of Employees
49,000

Competitors

Valuation

Metric
KER
TPR
MC
Price/Earnings (Normalized)
15.2711.1724.39
Price/Book Value
2.203.815.42
Price/Sales
1.771.684.11
Price/Cash Flow
8.6310.2815.59
Price/Earnings
KER
TPR
MC

Financial Strength

Metric
KER
TPR
MC
Quick Ratio
0.694.480.59
Current Ratio
1.385.141.38
Interest Coverage
6.579.1018.54
Quick Ratio
KER
TPR
MC

Profitability

Metric
KER
TPR
MC
Return on Assets (Normalized)
5.47%9.06%10.45%
Return on Equity (Normalized)
14.50%38.39%24.35%
Return on Invested Capital (Normalized)
7.76%11.73%15.27%
Return on Assets
KER
TPR
MC

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