Definitive Analysis
Definitive Analysis

Financial Statements

Analysis Mode

Ticker

Industry

Sector

L'Oréal S.A. (LOR.DE)

Company Dividend Discount ModelIndustry: Household & Personal ProductsSector: Consumer Defensive

Valuation Snapshot

Stable Growth$2,141.30 - $4,674.80$4,380.98
Multi-Stage$714.54 - $781.57$747.44
Blended Fair Value$2,564.21
Current Price$363.10
Upside606.20%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS10.23%8.56%6.746.395.024.394.094.143.853.493.422.86
YoY Growth--5.53%27.35%14.36%7.37%-1.37%7.75%10.19%2.06%19.42%-3.43%
Dividend Yield--1.97%1.42%1.50%1.05%1.31%1.57%1.91%1.89%1.97%1.84%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)12,601.70
(-) Cash Dividends Paid (M)7,483.00
(=) Cash Retained (M)5,118.70
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)2,520.341,575.21945.13
Cash Retained (M)5,118.705,118.705,118.70
(-) Cash Required (M)-2,520.34-1,575.21-945.13
(=) Excess Retained (M)2,598.363,543.494,173.57
(/) Shares Outstanding (M)536.10536.10536.10
(=) Excess Retained per Share4.856.617.79
LTM Dividend per Share13.9613.9613.96
(+) Excess Retained per Share4.856.617.79
(=) Adjusted Dividend18.8020.5721.74
WACC / Discount Rate6.43%6.43%6.43%
Growth Rate5.50%6.50%7.50%
Fair Value$2,141.30$4,380.98$4,674.80
Upside / Downside489.73%1,106.55%1,187.47%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)12,601.7013,420.8114,293.1615,222.2216,211.6617,265.4217,783.38
Payout Ratio59.38%65.50%71.63%77.75%83.88%90.00%92.50%
Projected Dividends (M)7,483.008,791.2610,237.9811,835.6313,597.7215,538.8816,449.63

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.43%6.43%6.43%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)8,182.848,260.418,337.97
Year 2 PV (M)8,869.949,038.889,209.42
Year 3 PV (M)9,544.449,818.4310,097.61
Year 4 PV (M)10,206.5410,599.0511,002.78
Year 5 PV (M)10,856.3811,380.7411,925.18
PV of Terminal Value (M)335,405.40351,605.61368,425.84
Equity Value (M)383,065.54400,703.13418,998.80
Shares Outstanding (M)536.10536.10536.10
Fair Value$714.54$747.44$781.57
Upside / Downside96.79%105.85%115.25%

High-Yield Dividend Screener

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