LVMH

Stock

ISIN: FR0000121014

Ticker: MC

FR0000121014

Price

Discussion about MC

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529

finanzperpetuum

@finanzperpetuum

4H·

Is luxury going down the drain?

My fingers are itching and I would like to $MC (-1.35%) buy more. But somehow I can't see a bottom at the moment. Does anyone have a crystal ball? We have almost reached the tops from the Corona low, the low was €289. Uncertainty and consumer restraint today vs. corona impact? Is that somehow comparable?

P/E ratio, KCV, P/B ratio all at Corona level or below and now 2.9% div yield.

The current decline of LVMH is already different from the pandemic-related crash. While 2020 was a sudden external shock, the current situation is more the result of a gradual weakening of demand and increased uncertainty. In my view, however, LVMH's fundamental strengths remain intact.

The question is when there will be a return to positive global consumer sentiment and stabilization, especially in the Chinese market.

So, buy or wait?

15 Comments

Stuttgarter81@Moneymoney

Sparplan !

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Pawfolio

@Pawfolio

5D·

Ersteinstieg

20.06

LVMH

Bought x10 at €456.60

€4,566.00

8 Comments

Jurboss@Jurboss

I also took the plunge yesterday. I've been watching the share for a long time and it seems to me to have great potential for recovery. Really wealthy people will continue to pay a lot for their luxury. Just my opinion.

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BamBamInvest

@BamBamInvest

6D·

Purchases Arnault family

$MC (-1.35%)

The Arnault family has bought almost € 3.7 billion in the last 3.5 years. $MC (-1.35%) in the last 3.5 years.

The average price per share was € 659.

The current share price is € 455.50

$LVMUY (-2.2%)
$MC (-1.35%)
$RMS (-0.24%)
$MONC (-1.1%)
$KER (-1.78%)

BamBamInvest

@BamBamInvest

6Mon·

$MC (-1.35%) - Failed takeovers of LVMH

and activities of the children of Bernard

Arnault

Did you know the following:

In the late 90s, LVMH tried to take over Gucci, but CEO Domenico De Sole resisted.

He diluted the share price and gave employees a stake, weakening LVMH's control. Then Kering stepped in and secured Gucci.

He also tried Hermes:

In 2010, LVMH secretly acquired 17 percent of Hermès ($RMS (-0.24%) ), triggering a storm of indignation. Hermès fought back with legal disputes and accused LVMH of insider trading and share manipulation.

After years of conflict, LVMH agreed to sell its 23% stake in 2014, ending the intense rivalry.

Who will be the next takeover candidate?

Thanks to all the successful takeovers, LVMH now has an extensive portfolio of 75 brands, which can be seen in the picture.

LVMH is the largest luxury company in the world.

The Arnault family:

Bernard will probably keep the company in the family. As he has five children who are already integrated into the company, these are the potential successors:

1. Delphine

2. Antoine

3. Alexandre

4. Frederic

5. Jean

Delphine (49) is Executive VP of Louis Vuitton.

Delphine has been with LVMH since 2001 and is in charge of brand development and strategy. She plays an important role in the success of LV.

Antoine (47) is CEO of Berluti and Chairman of Loro Piana.

Antoine focuses on expanding LVMH's presence in luxury fashion and plays a role in brand communication and acquisitions.

Alexandre Arnault (32) is CEO of Tiffany & Co.

Alexandre revitalized Tiffany by targeting younger audiences and improving its digital presence. As a result, profits doubled within a year.

Frédéric Arnault (29) is CEO of LVMH Watches. After being CEO of Tag Heuer.

Jean Arnault (26) is Director of Product & Communications at Louis Vuitton Watches.

Finally, a few examples of LVMH's pricing power and price trends:

$MC (-1.35%)
$KER (-1.78%)
$RMS (-0.24%)
$MONC (-1.1%)
$BRBY (+4.19%)
$BOSS (-1.95%)

+ 6

4 Comments

DerDanner@Therapeut

Yes, unfortunately not enough... 1% price loss every day

••

BamBamInvest

@BamBamInvest

6D·

Further small increase ✌️

$MC (-1.35%)

19.06

LVMH

Bought x5 at €454.95

€2,274.75

37 Comments

DerDanner@Therapeut

I would be happy if I had never gone in there... Even if everything goes up, LVMH is lagging behind...
When do you expect a recovery? So far it doesn't look like it

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Radballer

@Radballer

1Wk·

Dividends - Classics

Greetings,

My girlfriend has got me thinking about dividend shares again. To be honest, dividends motivate me a lot.

What do you think? Should I expand my portfolio with solid dividend stocks like $O (-2.07%) or should I $MC (-1.35%) buy more in order to lower the purchase price accordingly. With $NKE (-1.37%) for the time being and hope for better times.

The aim is to have as clear a portfolio as possible. As a core I have the $VWRL (-0.62%) and I'm very happy with it. Nevertheless, I'm currently very keen to add a few solid dividend stocks.

Of course, I am also open to other tips and advice.

Best regards and have a nice evening!

By the way, I'll attach my portfolio again. Unfortunately, the transferred data is not quite right.

6Positions

€111,962.07

2.95%

3 Comments

Dividendenopi👴@Dividendenopi

1Wk

How old are you? If "my girlfriend" indicates a younger age, then tell your girlfriend that (dividend-paying) grandpa thinks you should stop with the dividend shares. And even if she hopes that the dividends will result in an accessory from $MC for her 😇that won't be enough to significantly boost the share price. In these times, I don't think the luxury argument really works. Besides, you already have a few nice dividend payments, keep saving your core and run the rest. Speaking of running, a pair of jogging shoes from $NKE is always included in the dividends and running keeps you fit and healthy. If she doesn't want that, then for God's sake a candlelight dinner from Mäcces

•

Ruben Schoff

@Sand

1Wk·

I have just added the second tranche to my portfolio!

13.06

LVMH

Bought at €458.20

39 Comments

SemiGrowth@SemiGrowth

1Wk

I have placed an order at 120€, should be triggered soon

•

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BamBamInvest

@BamBamInvest

1Wk·

Price target increase from Jefferies 🚀

$ELF (+2.45%)

A really exciting takeover 👌

$ELF (+2.45%) Price target increase - Jefferies raised from $115 to $150. The Rhode acquisition was cited as a key factor in the increased valuation, and several growth catalysts were also mentioned, including distribution through Sephora ($MC (-1.35%) ), new product launches and improving web traffic.

Jefferies emphasized that Rhode is the No. 1 beauty brand globally in terms of earned media value growth, with less than 1% of social media content being sponsored.

Low double-digit percentage growth to Elf Beauty's earnings per share in FY26, with projected Rhode revenues of $240m

https://de.investing.com/news/analyst-ratings/kursziel-fur-elf-beauty-von-jefferies-auf-150-usdollar-angehoben-93CH-3033420

BamBamInvest

@BamBamInvest

3Wk·

Eleven course objectives after a round of dice 🤡🚀

$ELF (+2.45%)

now everyone is chasing the price targets again, please 🎲🎲🎲🎲

Elf Beauty price target raised to:

$115 from $75 at Jefferies (buy)

$114 from $105 at Canaccord (buy)

$113 from $95 at BofA (buy)

$109 from $81 at Piper Sandler (overweight)

$90 from $80 at Deutsche Bank (hold)

8 Comments

Memo0606@Memo0606

1Wk

hello my friend
what do you think about $JNJ
thinking about kicking the value out and replacing it with $FI
I have enough health in my portfolio

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View all 2 further answers

Thelearner

@Thelearner

2Wk·

Decision Investment Summary

$MC (-1.35%)

Let me know your thoughts Guys

Key Insights

LVMH is a global luxury leader with an unmatched portfolio of iconic brands including Louis Vuitton, Dior, Tiffany, and Hennessy. It maintains strong cash generation even during industry softness, generating €14.2 billion in free cash flow in 2024 despite a small revenue decline. The company benefits from high operating margins (~23%) and vertical integration, which supports brand consistency and pricing power.

The balance sheet is conservative, with a net debt-to-EBITDA ratio of 0.8× and strong interest coverage above 16×. Dividends are growing rapidly—averaging a 22% annual increase over five years—with a current yield of 2.7%. The “Chowder Number” (dividend yield plus dividend growth) stands at 25%, well above the 12% dividend investor threshold.

Valuation appears fair to slightly rich. The current share price (~€470) is in line with intrinsic value estimates derived from DCF analysis (€450–€500), offering little margin of safety for value-focused investors at present.

Core Evaluation Points

Valuation: At a P/E of 21× and a free cash flow yield around 4.5%, LVMH trades below luxury peer Hermès (45× P/E) and near Kering (15×). It’s not cheap, but not irrationally priced either—reasonable for a dominant business, but the market is pricing in quality and resilience.

Growth Potential: Long-term growth is supported by global expansion, especially in Asia and through categories like jewelry and cosmetics. While recent results reflect weakness in Moët Hennessy and China, these are potentially cyclical. Selective Retail (e.g., Sephora) continues to expand strongly.

Operational Efficiency: ROIC is ~11.5%, exceeding its estimated cost of capital (~7%). Capital expenditures are modest at ~20% of free cash flow, which indicates effective reinvestment.

Risk Factors: Risks include weak performance in its Wines & Spirits division, a reliance on Chinese consumer demand, FX volatility, and potential trade barriers. However, LVMH’s broad brand and geographic diversification help cushion these threats.

Projections and Scenarios

In a base-case scenario with 5% annual free cash flow growth, intrinsic value per share lands between €450 and €500. Bullish outcomes (e.g., a strong China recovery and margin expansion) could push that to €550–€600, while more bearish trends might pull it to the €350–€400 range.

Risk Assessment

The most notable risks are cyclical luxury demand—especially from Asia—and internal restructuring challenges at Moët Hennessy. While these are high-impact, they are partially mitigated by LVMH’s size, brand resilience, and operating diversity. FX and ESG risks are moderate but manageable.

Conclusion & Recommendation

LVMH is a world-class business with a deep economic moat, exceptional financial discipline, and shareholder-friendly capital allocation. However, current valuation offers only a modest margin of safety.

Intrinsic value estimate: €450–€500 per share.

Target buy range: below €425 for a safer entry.

Recommendation: Watch / Light Accumulate.

Long-term investors may consider beginning a small position, with plans to add on weakness or upon confirmation of a rebound in key markets like China.

Disclaimer:

This analysis is for informational and educational purposes only and does not constitute investment advice, a solicitation, or a recommendation to buy or sell any security. All financial figures and projections are based on publicly available data at the time of writing and are subject to change. Past performance is not indicative of future results. Investors should conduct their own due diligence and consult with a licensed financial advisor before making any investment decisions.

1 Comment

Eric Messenger@Uncommon_Cents

A stock my son just added to his portfolio. He likes the company and they passed my analysis. Nice dividend track record too.

••

Ella Marie Waschbär

@DividendenWaschbaer

2Wk·

Review of May 2025

The fifth month is now over. Somehow just as volatile as the other months, but this time at least in positive territory. The S&P500 has made up some ground, although it is still down YTD.

In May, I recorded a gain of 2.12%. This corresponds to a value of almost 2500€.

The Dax (+5.06%) has beaten me again. This is already becoming the norm. In May, the HSBC MSCI World (+3.26%) also beat me. However, I am still ahead for the year.

Over the year as a whole (YTD), I have again lost ground to the DAX, which has risen sharply again. This time the MSCI World was also able to catch up strongly. Nevertheless, as you can see above, I am still ahead of the MSCI World this year.

My high and low performers in May were (top 3):

Tesla ($TSLA (-4.15%) ) +22,79%

Microsoft ($MSFT (-0.03%) ) +17,31%

Texas Instruments ($TXN (-0.37%) ) +16,57%

Imperial Brands ($IMB (-0.93%) ) -7,06%

Eli Lilly ($LLY (+1.3%) ) -17,69%

UnitedHealth ($UNH (-1.42%) ) -28,08%

United Health is again among the worst performers. Eli Lilly is now also among them. The pharmaceutical stock has now also fallen quite a bit for me. Nevertheless, I am still well up. Imperial Brands also did very well this year and can therefore correct a little again. Tesla is doing Tesla things again and Microsoft is generally on the up anyway. It is pleasing that Texas Instruments has risen again. This stock is quite volatile due to all the customs issues.

Dividends:

In May, I received €413.70 net from a total of 15 distributions.

Compared to May 2024 (€358.98), this was an increase of 15.24%.

There are now some more dividends in June, before July is by far the worst dividend month.

Investments:

The build-up of the nest egg is still not complete. I haven't received the bill for the car repairs yet, so I still have to set aside some money for that. Apart from that, the nest egg is growing, but it will take some time before it is at a satisfactory level. I'm currently tending to keep it at least €10,000 (because 5 figures is cooler).

Purchases and sales:

There were no sales in May.

I bought or increased United Health (2x)

savings plans (€125 in total):

Cintas ($CTAS (-2.73%) )
LVMH ($MC (-1.35%) )
Microsoft ($MSFT (-0.03%) )

Goals 2025:

My goal is still to have €130,000 in my portfolio at the end of the year. The goal is to be achieved by reinvesting the dividend, making payments and, of course, increasing the share price. The share price increase is of course impossible to predict in any way, so the motto is: if the share price falls or does not rise enough, more cash is needed.

This comes from selling useless stuff on eBay, additional income from e.g. "neighborhood help" etc.

The worse the share price, the more additional cash has to be raised.

Target achievement at the end of May 2025: 38.88%

Thanks to the good May, I have come a good deal closer to the average. Nevertheless, the year could still go a little better for me. But the feel-good factor is still 100%.

How was your May? The Rewind for May is already available. It looks quite nice too.

If you liked the report and would like to read more, feel free to follow me,

If you're not interested, you can keep scrolling or use the block function.

+ 2

2 Comments

S.A.U.@SAUgut77

2Wk

Well, that still looks like a timetable...🤝

...today I broke through my 3 milestone 2 months earlier than planned and I'm curious to see if it will last until tonight.

I'll probably give a water level report on the WE.

Wish us all the best ✌🏻

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