Kering SA banner

Kering SA
PAR:KER

Watchlist Manager
Kering SA Logo
Kering SA
PAR:KER
Watchlist
Price: 236.1 EUR -3.14% Market Closed
Market Cap: €29.1B

P/S

2
Current
12%
Cheaper
vs 3-y average of 2.2

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
2
=
Market Cap
€29.9B
/
Revenue
€14.7B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
2
=
Market Cap
€29.9B
/
Revenue
€14.7B

Valuation Scenarios

Kering SA is trading below its 3-year average

If P/S returns to its 3-Year Average (2.2), the stock would be worth €267.19 (13% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-49%
Maximum Upside
+85%
Average Upside
21%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 2 €236.1
0%
3-Year Average 2.2 €267.19
+13%
5-Year Average 2.7 €317.87
+35%
Industry Average 3.6 €436.73
+85%
Country Average 1 €120.78
-49%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
€29.9B
/
Jan 2026
€14.7B
=
2
Current
€29.9B
/
Dec 2026
€15B
=
2
Forward
€29.9B
/
Dec 2027
€16B
=
1.9
Forward
€29.9B
/
Dec 2028
€17B
=
1.8
Forward
€29.9B
/
Dec 2029
€18B
=
1.7
Forward
€29.9B
/
Dec 2030
€19.2B
=
1.6
Forward
€29.9B
/
Dec 2031
€20.4B
=
1.5
Forward
€29.9B
/
Dec 2032
€21.5B
=
1.4
Forward
€29.9B
/
Dec 2033
€22.8B
=
1.3
Forward

Forward P/S shows whether today’s P/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
FR
Kering SA
PAR:KER
29B EUR 2 402.1
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
225.7B EUR 2.8 20.8
FR
Hermes International SCA
PAR:RMS
170.1B EUR 10.6 37.6
KR
SBW
KRX:102280
235.5T KRW 2 563.1 -117 637.1
CH
Compagnie Financiere Richemont SA
SIX:CFR
88.7B CHF 4.4 23.7
FR
EssilorLuxottica SA
PAR:EL
84.8B EUR 3 36.6
FR
Christian Dior SE
PAR:CDI
77.8B EUR 1 17.2
IN
Titan Company Ltd
NSE:TITAN
3.9T INR 5.2 82.3
CN
ANTA Sports Products Ltd
HKEX:2020
232.8B HKD 2.5 14.9
US
Tapestry Inc
NYSE:TPR
29.7B USD 3.9 56.4
DE
Adidas AG
XETRA:ADS
24.6B EUR 1 18.4
P/E Multiple
Earnings Growth PEG
FR
Kering SA
PAR:KER
Average P/E: 71
402.1
186%
2.2
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
20.8
11%
1.9
FR
Hermes International SCA
PAR:RMS
37.6
12%
3.1
KR
SBW
KRX:102280
Negative Multiple: -117 637.1 N/A N/A
CH
Compagnie Financiere Richemont SA
SIX:CFR
23.7
16%
1.5
FR
EssilorLuxottica SA
PAR:EL
36.6
26%
1.4
FR
Christian Dior SE
PAR:CDI
17.2
N/A N/A
IN
Titan Company Ltd
NSE:TITAN
82.3
32%
2.6
CN
ANTA Sports Products Ltd
HKEX:2020
14.9
10%
1.5
US
Tapestry Inc
NYSE:TPR
56.4
107%
0.5
DE
Adidas AG
XETRA:ADS
18.4
23%
0.8

Market Distribution

In line with most companies in France
Percentile
68th
Based on 1 780 companies
68th percentile
2
Low
0 — 0.5
Typical Range
0.5 — 2.1
High
2.1 —
Distribution Statistics
France
Min 0
30th Percentile 0.5
Median 1
70th Percentile 2.1
Max 34 178 916.3

Kering SA
Glance View

Kering SA, a beacon of luxury in the global fashion industry, roots itself in a history of transformation and strategic reinvention. Founded by François Pinault in 1963 as a timber trading company, it has evolved magnificently over the decades into a major player in the luxury sector. This transformation was marked by a name change in 2013 from PPR to Kering, aligning with its focus on high-end fashion. Kering SA today boasts an impressive portfolio of iconic brands such as Gucci, Saint Laurent, and Bottega Veneta, which are at the heart of its luxury segment. Operating under a multi-brand model, Kering capitalizes on brand diversity while leveraging shared resources and infrastructures to maximize efficiency and foster innovation across its holdings. The company’s profitability hinges on its ability to balance heritage with modernity, nurturing traditional craftsmanship while embracing cutting-edge designs and sustainable practices. Each brand under the Kering umbrella enjoys considerable creative autonomy, empowering them to remain agile and responsive to the ever-changing whims of consumers in the luxury market. This autonomy is paired with strategic oversight from Kering Group, which ensures cohesive brand identity and operational efficiency. Through its focus on exclusive retail environments, partnerships, and a robust online presence, Kering drives revenues by delivering unique customer experiences and maintaining a cachet of exclusivity. By adeptly navigating the intersection of tradition and innovation, Kering SA cements its status as an influential powerhouse in the luxury market, successfully capturing the hearts and wallets of high-end fashion enthusiasts around the globe.

KER Intrinsic Value
310.36 EUR
Undervaluation 24%
Intrinsic Value
Price €236.1
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett