André, RosárioTemmerman, Julien2024-10-032024-10-032023-05-292023-05-15http://hdl.handle.net/10362/172896This Equity Research report evaluates LVMH Moët Hennessy Louis Vuitton, the market leader of the luxury goods industry, through an equity valuation. The industry outlook and trends are analysed, and competitors who directly compete with LVMH are also examined. The company operates in various business segments: Fashion & Leather Goods, Selective Retailing, Wines & Spirits, Perfumes & Cosmetics, Watches & Jewellery, and Other & Holding Companies. The equity valuation was performed with the discounted cash flow methodology (DCF) to derive a target share price for the year-end FY2023. With a target share price (including cash gains) of 894.8€ and an expected return of 1.55%, a HOLD position of stock is recommended based on the current share price of 881.1€ (as at 15.05.2023)engLvmhLuxuryFashionFinanceValuationmaster thesis203365240