EssilorLuxottica Société anonyme Stock EL, quote Euronext Paris

Previous close	197.58
Open	198.16
Bid	0.00 x 0
Ask	0.00 x 0
Day's range	197.58 - 199.84
52 week range	155.15 - 199.84
Volume	287,522
Average volume	385,871

Market Cap	90.195B
Beta (5 year Monthly)	0.90
PER	39.28
EPS	5.08
Earnings date	Feb 14, 2024
Forward dividend & yield	3.23 (1.63%)
Ex-Dividend date	May 22, 2023
1 year target	196.50

EssilorLuxottica Société anonyme stock reports 2025 sales of 19 820 000 000.
Its closing price is 197.58 and analysts have a target price of 196.50. In the last 52 weeks, its price has fluctuated between 155.15 and 199.84.
EssilorLuxottica Société anonyme has a market capitalization of 82410000000, a PER of 39.28 and earnings per share of 5.08.

Finances EssilorLuxottica Société anonyme

Earnings & revenue

Total revenue

Net Income

Gross profit

Free Cash Flow

Revenue estimate number of analysts : 20

Valuation

52 week range

155.15

197.58

199.84

1 year target

196.50

<- 1% ->

197.58

PER
39.28

PEG
3.02

P/FCF
23

Price to Book
2.18

Book value
83.61

Return on Equity
6.44%

Return on Assets
3.37%

Financials

All figures on EssilorLuxottica Société anonyme for the last 5 years.

Statistics

Valuation

Marketcap (intraday)	82.41B
Enterprise value	92.47B
Trailing P/E	34.92
Forward P/E	24.63
PEG Ratio (5 yr expected)	3.02
Price to sales (ttm)	3.22
Price to Book (MRQ) (mrq)	2.18
Enterprise value/Revenue	3.65
Enterprise value/EBITDA	14.84

Income statement

Revenue (ttm)	25.35B
Revenue Per Share (ttm)	57.01
Quarterly Revenue Growth (yoy)	7.10%
Gross Profit (ttm)	N/A
EBITDA	5.38B
Net Income available to Common (ttm)	2.34B
Diluted EPS (ttm)	5.21
Quarterly Earnings Growth (yoy)	15.90%

Price history

Beta (5 year Monthly)	0.87
52-Week Change	6.76%
S&P500 52-Week Change	15.93%
52 Week High	188.84
52 Week Low	155.15
50-Day Moving Average	180.35
200-Day Moving Average	175.19

Profitability

Profit Margin	9.23%
Operating Margin (ttm)	14.15%

Fiscal Year

Fiscal year ends	Dec 31, 2022
Most Recent Quarter (mrq)	Jun 30, 2023

Management Effectiveness

Return on Assets (ttm)	3.37%
Return on Equity (ttm)	6.44%

Statistics

Avg Vol (3 month)	383.23k
Avg Vol (10 day)	375.71k
Shares Outstanding	452.04M
Implied Shares Outstanding	453.78M
Float 8	287.87M
% Held by Insiders	36.57%
% Held by Institutions	27.47%
Shares Short	N/A
Short Ratio	N/A
Short % of Float	N/A
Short % of Shares Outstanding	N/A
Shares Short (prior month)	N/A

Dividend & Splits

Forward Annual Dividend Rate	3.23
Forward Annual Dividend Yield	1.77%
Trailing Annual Dividend Rate	3.23
Trailing Annual Dividend Yield	1.77%
5 Year Average Dividend Yield	1.28
Payout Ratio	61.88%
Dividend Date	N/A
Ex-Dividend Date	May 22, 2023
Last Split Factor	2:1
Last Split Date	Jul 16, 2007

Balance sheet

Total Cash (mrq)	1.7B
Total Cash Per Share (mrq)	3.76
Total Debt (mrq)	11.75B
Total Debt/Equity (mrq)	30.62%
Current Ratio (mrq)	0.92
Book Value Per Share (mrq)	83.61

Cash Flow Statement

Operating Cash Flow (ttm)	4.82B
Levered Free Cash Flow (ttm)	2.87B

Income statement

	ttm	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Chiffre d’affaires	25,395,000	25,395,000	24,494,000	19,820,000	14,429,000
Cost of Goods Sold (COGS) incl. D&A	9,347,000	9,347,000	8,910,000	7,589,000	6,242,000
Gross Profit	16,048,000	16,048,000	15,584,000	12,231,000	8,187,000
_OPERATING_EXPENSE	12,871,000	12,871,000	12,426,000	9,988,000	7,735,000
_OPERATING_INCOME	3,177,000	3,177,000	3,158,000	2,243,000	452,000
_NET_NON_OPERATING_INCOME	-140,000	-140,000	-131,000	-119,000	-123,000
Pretax Income	3,035,000	3,035,000	3,032,000	2,181,000	313,000
_TAX_PROVISION	609,000	609,000	751,000	582,000	164,000
Net Income_COMMON_STOCKHOLDERS	2,289,000	2,289,000	2,152,000	1,448,000	85,000
_DILUTEDNet Income_COM_STOCKHOLDERS	2,289,000	2,289,000	2,152,000	1,448,000	85,000
_BASIC_EPS
_DILUTED_EPS
_BASIC_AVG_SHARES	444,646	448,067	442,050	438,816	435,869
_DILUTED_AVG_SHARES	448,190	450,766	445,659	445,467	439,004
_TOTAL_OPERATING_INCOME	3,176,000	3,176,000	3,157,000	2,307,000	452,000
_TOTAL_EXPENSES	22,218,000	22,218,000	21,336,000	17,577,000	13,977,000
Net Income_CONTINUING_DISCONTINUED_OPERATION	2,289,000	2,289,000	2,152,000	1,448,000	85,000
_NORMALIZED_INCOME	2,289,000	2,289,000	2,152,000	1,449,467	89,320
_INTEREST_INCOME	26,000	30,000	22,000
Interest Expense	116,000	116,000	131,000	141,000	141,000
_NET_INTEREST_INCOME	-140,000	-140,000	-131,000	-119,000	-123,000
_EBIT	3,151,000	3,151,000	3,163,000	2,322,000	454,000
_EBITDA	6,123,000	6,123,000	6,133,000	4,709,000	2,609,000
_RECONCILED_COST_OF_REVENUE	9,347,000	9,347,000	8,910,000	7,589,000	6,242,000
_RECONCILED_DEPRECIATION	2,972,000	2,972,000	2,970,000	2,387,000	2,155,000
Net Income_CONTINUING_OPERATION_NET_MINORITY_INTEREST	2,289,000	2,289,000	2,152,000	1,448,000	85,000
_TOTAL_UNUSUAL_ITEMS_EXCLUDING_GOODWILL	1,000	-2,000	-6,000
_TOTAL_UNUSUAL_ITEMS	1,000	-2,000	-6,000
_NORMALIZED_EBITDA	6,123,000	6,123,000	6,133,000	4,711,000	2,615,000
_TAX_RATE_CALCS	0	0	0	0	0
_TAX_EFECT_UNUSUAL_ITEMS	0	0	0	-533.4	-1,680

Balance sheet

Fiscal year is January-December. All values EUR Millions.

2022

2021

2020

2019

2018

_TXT_5_Y_TREND

Cash & Short Term Investments

1,989

3,335

8,926

5,378

1,868

Cash Only

1,756

1,588

4,684

4,836

1,829

Cash & Short Term Investments_GROWTH

-40.36%

-62.64%

65.97%

187.90%

-

Cash & ST Investments / Total AssetsTotal Assets

3.28%

5.61%

17.06%

10.23%

3.86%

Total Accounts Receivable

3,288

2,944

2,507

2,773

2,680

Accounts Receivables, Net

2,715

2,375

2,085

2,432

2,363

Accounts Receivables, Gross

2,895

2,595

2,219

2,518

2,441

Bad Debt/Doubtful Accounts

(180)

(220)

(134)

(86)

(78)

Other Receivables

573

569

422

341

317

Accounts Receivables, Gross

11.68%

17.43%

-9.59%

3.47%

-

Accounts Receivable Turnover

7.45

6.73

5.76

6.27

4.04

Inventories

2,910

2,527

1,992

2,244

2,098

Finished Goods

2,365

2,130

1,681

1,816

1,696

Work in Progress

110

101

82

75

65

Raw Materials

790

676

555

503

449

Progress Payments & Other

(355)

(380)

(326)

(150)

(112)

Other Current Assets

454

387

295

355

347

Prepaid Expenses

213

195

132

153

137

Miscellaneous Current Assets

241

192

163

202

210

Total Current Assets

8,641

9,193

13,720

10,750

6,993

Net Property, Plant & Equipment

7,757

7,141

5,101

5,634

5,167

Property, Plant & Equipment - Gross

13,165

12,028

8,298

8,771

7,667

Buildings

3,641

3,188

2,230

2,358

2,128

Machinery & Equipment

4,168

3,761

2,787

2,829

2,335

Other Property, Plant & Equipment

2,346

2,149

1,528

1,570

1,376

Accumulated Depreciation

5,408

4,887

3,197

3,137

2,500

Buildings

1,652

1,459

888

898

727

Machinery & Equipment

2,576

2,285

1,577

1,571

1,197

Other Property, Plant & Equipment

1,180

1,143

732

668

576

Total Investments and Advances

391

285

129

147

191

LT Investment - Affiliate Companies

83

91

17

18

22

Other Long-Term Investments

308

194

112

129

169

Long-Term Note Receivable

128

102

15

3

17

Intangible Assets

42,856

41,703

32,689

35,374

35,461

Net Goodwill

30,734

29,104

22,658

24,074

23,486

Net Other Intangibles

12,122

12,599

10,031

11,300

11,975

Other Assets

380

504

246

228

Deferred Charges

18

85

-

_TANGIBLEOther Assets

362

419

246

228

Total Assets

60,561

59,415

52,318

52,583

48,398

Assets - Total - Growth

1.93%

13.57%

-0.50%

8.65%

-

Asset Turnover

0.41

-

Return On Average Assets

3.59%

-

All values EUR Millions.

2022

2021

2020

2019

2018

_TXT_5_Y_TREND

ST Debt & Current Portion LT Debt

2,010

1,873

1,160

932

1,657

Short Term Debt

1,164

1,036

633

403

1,176

Current Portion of Long Term Debt

846

837

527

529

481

Accounts Payable

2,297

2,218

1,864

1,770

1,745

Accounts Payable_GROWTH

3.56%

18.99%

5.31%

1.43%

-

Income Tax Payable

711

805

530

455

99

Other Current Liabilities

3,870

4,029

2,617

2,460

3,973

Accrued Payroll

1,408

1,521

1,000

1,005

895

Miscellaneous Current Liabilities

2,462

2,508

1,617

1,455

3,078

Total Current Liabilities

8,888

8,925

6,171

5,617

7,474

Current Ratio

0.97

1.03

2.22

1.91

0.94

Quick Ratio

0.64

0.75

1.90

1.51

0.65

Cash Ratio

0.22

0.37

1.45

0.96

0.25

Long-Term Debt

10,194

11,143

10,735

8,483

4,045

Long-Term Debt_EXC_CAPILeases

7,858

8,913

9,324

6,864

2,564

Non-Convertible Debt

7,858

8,913

9,324

6,864

2,564

Provision for Risks & Charges

733

780

654

821

984

Deferred Taxes

1,969

2,049

1,469

1,708

1,926

Deferred Taxes_CREDIT

2,377

2,536

1,887

2,137

2,267

Deferred Taxes_DEBIT

408

487

418

429

341

_OTHER_LIABILITIES

222

156

73

193

225

Other Liabilities (excl.)Deferred Income

195

129

71

191

220

Deferred Income

27

2

5

Total Liabilities

22,414

23,540

19,520

17,251

14,995

Total LiabilitiesTotal Assets

37.01%

39.62%

37.31%

32.81%

30.98%

Common Equity (Total)

37,455

35,064

32,268

34,796

32,899

Common Stock Par/Carry Value

81

80

79

77

Additional Paid-In Capital/Capital Surplus

23,066

22,381

22,012

21,979

20,931

Retained Earnings

13,438

12,695

11,954

12,242

11,930

Cumulative Translation Adjustment/Unrealized For. Exch. Gain

1,230

139

(1,576

564

53

Treasury Stock

(360

(231

(201

(68

(92

_COMMON_EQUITYTotal Assets

61.85%

59.02%

61.68%

66.17%

67.98%

Total Shareholders' Equity

37,455

35,064

32,268

34,796

32,899

Total Shareholders' EquityTotal Assets

61.85%

59.02%

61.68%

66.17%

67.98%

Accumulated Minority Interest

692

811

530

536

504

Total Equity

38,147

35,875

32,798

35,332

33,403

Liabilities & Shareholders' Equity

60,561

59,415

52,318

52,583

48,398

Cash flow

	ttm	12/31/2023	12/31/2022	12/31/2021	12/31/2020
Operating Cash Flow	4,861,000	4,861,000	4,783,000	4,545,000	2,953,000
Investing Cash Flow	-1,724,000	-1,724,000	-2,619,000	-8,060,000	-480,000
Financing Cash Flow	-2,425,000	-2,425,000	-3,580,000	-2,040,000	1,498,000
End cash position	2,558,000	2,558,000	1,960,000	3,293,000	8,683,000
Capital Expenditure	-1,531,000	-1,531,000	-1,572,000	-1,030,000	-650,000
Issuance of Capital Stock	34,000	34,000	37,000	34,000	36,000
Issuance of Debt	0	0	0	57,000	2,981,000
Repayment of Debt	-1,964,000	-1,964,000	-1,410,000	-800,000	0
Repurchase of Capital Stock	-271,000	-271,000	-431,000	-317,000	-159,000
Free Cash Flow	3,330,000	3,330,000	3,211,000	3,515,000	2,303,000

Développement durable

Last update on 9/2023

Secteurs d'implication

Products and Activities	Significant Involvement
Alcoholic Beverages	No
Adult Entertainment	No
Gambling	No
Tobacco Products	No
Animal Testing	Yes
Fur and Specialty Leather	No
Controversial Weapons	No
Small Arms	No
Catholic Values	No
GMO	No
Military Contracting	No
Pesticides	No
Thermal Coal	No
Palm Oil	No

Scores ESG

Evaluation du risque : 20 29th percentile Medium

Risques sur l'Environnement

0

2.0

Négligeable

Faible

Moyen

Élevé

Sévère

20

Risques sur la Soutenabilité

0

10.0

Négligeable

Faible

Moyen

Élevé

Sévère

20

Risques sur la Gouvernance

0

8.3

Négligeable

Faible

Moyen

Élevé

Sévère

20

Niveau de controverse

0

2

Aucune

Faible

Modéré

Significatif

Grave

5

Analysts ratings

	3 months ago	1 month ago	Current
Buy	11	14	14
Overweight	2	2	1
Hold	6	7	7
Underweight	0	0	0
Sell	1	0	0
Consensus	Overweight	Overweight	Overweight

Earnings Per Shares

Quarterly

Actual Analyst range Consensus

2.00 1.50 1.00 0.50 0.00

N/A	N/A	N/A	N/A		0.00	0.00
Q12022	Q2	Q3	Q4		Q12023	Q2

Annualy

10.00 8.00 6.00 4.00

Actual 4.83 3.44	6.73	7.46	8.03
FY 2022	FY 2023	FY 2024	FY 2025

EL will report Q1 earnings on 04/17/2024

Q1 2023 Estimate Trends
Current:	^€0.00
1 month ago:	^€-
3 months ago:	^€-

Q2 2023 Estimate Trends
Current:	^€0.00
1 month ago:	^€-
3 months ago:	^€-

Competitors

EssilorLuxottica Société anonyme by Warren Buffet


Compte de résultat
Croissance du CA	>0%	0.00%	0.00%	0.00%	0.00%
Croissance des bénécices brut	>0%	0.00%	0.00%	0.00%	0.00%
Croissance du résultat d'exploitation avant intérêts et impôts (EBIT)	>0%	0.00%	0.00%	0.00%	0.00%
Croissance résultat net	>15%	0.00%	0.00%	0.00%	0.00%
Profitabilité pour l'actionnaire (ROE)		0.00%	0.00%	0.00%	0.00%	0.00%
Marge brut	>40%	0.00%	0.00%	0.00%	0.00%	0.00%
Marge opérationnelle		0.00%	0.00%	0.00%	0.00%	0.00%
Marge nette	>10%	0.00%	0.00%	0.00%	0.00%	0.00%
Capacité à attirer de nouveaux clients	<30%	0.00%	0.00%	0.00%	0.00%	0.00%
Coût de la R&D	<5%	0.00%	0.00%	0.00%	0.00%	0.00%
Charges d'intérêts	<15%	0.00%	0.00%	0.00%	0.00%	0.00%
Bilan
Liquidité : Capacité de l'entreprise à rembourser ses dettes à COURT terme
Ratio de liquidité général (current ratio)	>1	1.00	1.13	2.17	2.00	0.86
Ratio de liquidité restreinte (quick ratio)	>1	0.13	0.38	1.50	1.00	0.14
Ratio de liquidité immédiate (cash ratio)	>1	0.02	0.05	0.15	0.10	0.02
Solvabilité : Capacité de l'entreprise à rembourser ses dettes à LONG terme
Approche 1	<0	5 869	5 578	398	1 486	696
Net LT debt to equity	<100%	15.67%	15.91%	1.23%	4.27%	2.12%
Approche 2		-	-	-	-	-
Dette nette totale / capitaux propres	<100%	-	-	-	-	-
Approche 3		-	-	-	-
Net total debt to equity	<100%	-	-	-	-
Levier Financier
Passif total / cap. propres	<2	-	-	-	-
Rendement du capitaux propre	> 15%	-	-	-	-

Résultats du ratio de Piotroski F-Score Stock Screen pour EssilorLuxottica Société anonyme

Objet : Estimer la qualité fondamentale de vos placements (fondamentaux solides + valeur résiliente à long terme) par M. Joseph Piotroski
Objectif : Score entre 8 et 9

Thème	2021	2020	2019	2018	2017	Formule
Rentabilité
Rendement de l'actif (ROA)	0	0	0	0	0	(Résultat net / Actifs totaux) > 0
Flux de trésorerie d'exploitation	1	1	1	1	-	Flux de trésorerie > 0
Direction du ROA					-	Si ROA N > ROA N-1
Vérification de la compatbilité de l'exercice					-	Cashflow opérationnel > Résultat net
Structure du Capital
Ratio Dette LT / Actifs Totaux	0	0	1	1	-	Dette long terme / Actifs Totaux N sur N-1
Ratio de liquidité (Current ratio)	0	0	1	1	-	Actifs CT / Passifs CT N sur N-1
Emission d'actions	1	1	1	1	-	Emission d'actions (ou rachat d'action) oui/non
Efficacité opérationnelle
Orientation de la marge brute					-	Marge brute en hausse ? oui/non
Rotation des actifs					-	(Ventes / actifs) > 0
	2	2	3	3	-

FY 2023 Estimate Trends
Current:	^€6.73
1 month ago:	^€3.63
3 months ago:	^€3.60

FY 2024 Estimate Trends
Current:	^€7.46
1 month ago:	^€4.03
3 months ago:	^€3.98

EssilorLuxottica Société anonyme - EL

Finances EssilorLuxottica Société anonyme

Earnings & revenue

Total revenue

Net Income

Gross profit

Free Cash Flow

Valuation

Financials

Statistics

Valuation

Income statement

Price history

Profitability

Fiscal Year

Management Effectiveness

Statistics

Dividend & Splits

Balance sheet

Cash Flow Statement

Income statement

Balance sheet

Cash flow

Développement durable

Secteurs d'implication

Scores ESG

Niveau de controverse

Analysts ratings

Analysts ratings

Earnings Per Shares

Competitors

EssilorLuxottica Société anonyme by Warren Buffet

Résultats du ratio de Piotroski F-Score Stock Screen pour EssilorLuxottica Société anonyme