Financials Levi Strauss & Co.

Equities

LEVI

US52736R1023

Apparel & Accessories

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
21.13 USD +0.19% Intraday chart for Levi Strauss & Co. +2.82% +27.75%

Valuation

Fiscal Period: November 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 6,617 7,741 10,935 6,354 6,112 8,410 - -
Enterprise Value (EV) 1 6,697 8,552 12,275 7,933 7,881 10,021 9,919 9,828
P/E ratio 17.4 x -60.9 x 20.1 x 11.4 x 24.8 x 21.4 x 14.4 x 12.2 x
Yield 1.72% 0.82% 0.96% 2.73% 3.12% 2.47% 2.83% 2.97%
Capitalization / Revenue 1.15 x 1.74 x 1.9 x 1.03 x 0.99 x 1.32 x 1.26 x 1.17 x
EV / Revenue 1.16 x 1.92 x 2.13 x 1.29 x 1.28 x 1.58 x 1.48 x 1.37 x
EV / EBITDA 9.12 x 26.9 x 14.4 x 9.14 x 11 x 12 x 10.7 x 9.18 x
EV / FCF 28.3 x 25.2 x 21.5 x -203 x 65.7 x 23.7 x 25 x 21.2 x
FCF Yield 3.54% 3.97% 4.65% -0.49% 1.52% 4.21% 4% 4.72%
Price to Book 4.24 x 5.97 x 6.53 x 3.33 x 2.99 x 3.79 x 3.34 x 2.88 x
Nbr of stocks (in thousands) 392,716 397,183 402,034 394,393 397,135 398,029 - -
Reference price 2 16.85 19.49 27.20 16.11 15.39 21.13 21.13 21.13
Announcement Date 1/30/20 1/27/21 1/26/22 1/25/23 1/25/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: November 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,763 4,453 5,764 6,169 6,179 6,352 6,694 7,162
EBITDA 1 734.5 317.7 854.9 867.5 715.6 833.8 930.6 1,070
EBIT 1 610.6 181.1 712.9 713 554.8 658 742.6 858
Operating Margin 10.6% 4.07% 12.37% 11.56% 8.98% 10.36% 11.09% 11.98%
Earnings before Tax (EBT) 1 - -189.8 580.2 649.6 265.2 635 714.1 825
Net income 1 394.6 -127.1 553.5 569.1 249.6 392.7 579.8 689.9
Net margin 6.85% -2.86% 9.6% 9.23% 4.04% 6.18% 8.66% 9.63%
EPS 2 0.9700 -0.3200 1.350 1.410 0.6200 0.9878 1.465 1.731
Free Cash Flow 1 236.8 339.2 570.3 -39 120 422.1 396.4 464
FCF margin 4.11% 7.62% 9.89% -0.63% 1.94% 6.65% 5.92% 6.48%
FCF Conversion (EBITDA) 32.24% 106.77% 66.71% - 16.77% 50.63% 42.59% 43.35%
FCF Conversion (Net income) 60.02% - 103.03% - 48.08% 107.5% 68.37% 67.26%
Dividend per Share 2 0.2890 0.1600 0.2600 0.4400 0.4800 0.5209 0.5985 0.6280
Announcement Date 1/30/20 1/27/21 1/26/22 1/25/23 1/25/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: November 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,685 1,592 1,471 1,517 1,589 1,689 1,337 1,511 1,642 1,558 1,451 1,586 1,756 1,663 1,512
EBITDA 1 239.3 275.7 183 226.7 182.1 223.7 70.2 179.4 242.2 184.2 106.8 233.2 304.7 211.2 -
EBIT 1 202.5 237.9 145.4 187.5 142.3 185.3 31.5 137.8 200.1 140.7 65.38 192.6 258.2 170.2 86.79
Operating Margin 12.02% 14.95% 9.88% 12.36% 8.96% 10.97% 2.36% 9.12% 12.18% 9.03% 4.51% 12.15% 14.7% 10.24% 5.74%
Earnings before Tax (EBT) 1 - - - - - 139.2 -7.2 -3.4 136.6 - 47.9 181.9 242 - -
Net income 1 153 195.8 49.74 173 150.6 114.7 -1.6 9.6 126.8 -10.6 41.76 146.5 204.4 128.8 58.68
Net margin 9.08% 12.31% 3.38% 11.4% 9.48% 6.79% -0.12% 0.64% 7.72% -0.68% 2.88% 9.24% 11.64% 7.75% 3.88%
EPS 2 0.3700 0.4800 0.1200 0.4300 0.3800 0.2900 - 0.0200 0.3200 -0.0300 0.1065 0.3669 0.5237 0.3287 0.1462
Dividend per Share 2 0.0800 0.1000 0.1000 0.1200 0.1200 0.1200 0.1200 0.1200 0.1200 0.1200 0.1200 0.1300 0.1300 0.4166 -
Announcement Date 1/26/22 4/6/22 7/7/22 10/6/22 1/25/23 4/6/23 7/6/23 10/5/23 1/25/24 4/3/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: November 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 80.1 811 1,340 1,579 1,769 1,611 1,508 1,417
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.1091 x 2.554 x 1.567 x 1.82 x 2.472 x 1.932 x 1.621 x 1.324 x
Free Cash Flow 1 237 339 570 -39 120 422 396 464
ROE (net income / shareholders' equity) 35.5% 5.84% 40.5% 31.9% 12.6% 23.6% 24% 24.4%
ROA (Net income/ Total Assets) 10.2% 1.69% 10.4% 9.53% 4.13% 8.09% 8.84% -
Assets 1 3,888 -7,508 5,316 5,969 6,046 4,851 6,558 -
Book Value Per Share 2 3.970 3.270 4.170 4.840 5.150 5.580 6.320 7.350
Cash Flow per Share 2 1.010 1.180 1.800 0.5600 1.080 1.430 1.810 -
Capex 1 175 130 167 267 316 280 292 333
Capex / Sales 3.04% 2.93% 2.9% 4.33% 5.11% 4.4% 4.36% 4.65%
Announcement Date 1/30/20 1/27/21 1/26/22 1/25/23 1/25/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
21.13 USD
Average target price
21.98 USD
Spread / Average Target
+4.04%
Consensus
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  4. Financials Levi Strauss & Co.