Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Kering SA is a French multinational holding company specializing in luxury goods, headquartered in Paris and founded in 1962 by François Pinault as a timber trading business. Originally known as Pinault S.A. and later PPR, it transformed into a pure luxury player by 2013, when it adopted the name Kering—derived from the Breton word 'ker' meaning 'home,' symbolizing care for its brands, people, and the planet. Kering manages a portfolio of iconic Houses across fashion, leather goods, jewelry, eyewear, and beauty, including Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, Qeelin, Ginori 1735, Creed, and stakes in Valentino, alongside subsidiaries Kering Eyewear and Kering Beauté. As the world's second-largest luxury goods group after LVMH, it employs around 47,000 people globally and generated €17.2 billion in revenue in 2024, with strong contributions from Asia-Pacific and Western Europe. Kering empowers its brands' creativity and growth through strategic support, market expansion, and pioneering sustainability initiatives, such as the Environmental Profit & Loss account and supplier standards, positioning it as an industry leader in responsible luxury. Its 'house of brands' architecture allows each House autonomy while leveraging group efficiencies in sourcing and distribution. A CAC 40 constituent, Kering shapes global luxury trends under family leadership.
€267.05
€0.85 (-0.32%)
EOD Jun 26, 2026 · Twelve Data
11.11% operating margin is respectable but not wide. ROIC at 2.37%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.
Revenue declined 13.0% YoY. Margins deteriorated 3.3pp alongside, both lines moving the wrong way.
At 234x earnings, the current multiple leaves limited room for execution misses or growth deceleration. ROIC dropped from 5.09% to 2.37%, capital efficiency is deteriorating.
233.9x earnings, 14.4x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€14.68B
▼ -13.0% YoY
Net Income (TTM)
€140M
▼ -88.6% YoY
Op. Margin
11.11%
▼ -3.3pp YoY
ROIC
2.37%
▼ -2.7pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€2.27B
▲ +62.1% YoY
Op. Cash Flow (TTM)
€3.60B
▲ +38.4% YoY
Net Debt
€13.73B
Cash & Equiv.
€4.42B
3Y CAGR: -10.3%
3Y CAGR: -10.9%
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At a P/E of 233.9 and a price-to-free-cash-flow of 14.4, Kering (KER.XPAR) trades above a two-stage DCF intrinsic value of about €208.81 per share, so at €267.05 the stock looks overvalued (21.8% above estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Kering scores 26/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 2.2%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology. This is analysis, not investment advice.
Intrinsiqq's two-stage DCF estimates an intrinsic value of about €208.81 per share for KER.XPAR, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around €156.61. At today's €267.05, that puts the stock about 21.8% above estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Kering scores 26 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 11.1% operating margin and a 2.4% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Yes, Kering pays a regular dividend of about €6.00 per share per year (typically in quarterly installments), a yield of roughly 2.2% at the current price. That is a payout ratio of about 525.7% of earnings, so the dividend is stretched at this level. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For KER.XPAR's full payout history, growth streak and dividend-safety score, see the dividends tab.
That depends on valuation and quality together, not either alone. KER.XPAR currently trades above its estimated intrinsic value and scores 26/100 on quality (lower-quality). It also yields about 2.2%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.