L'Oreal SA
OR: XPAR (FRA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€233.00 | Dmw | Jlybqmqrqd |
Wide-Moat L’Oreal’s Diverse Portfolio and Global Reach Is Helping It Manage Economic Turmoil
Business Strategy and Outlook
We believe L’Oreal has secured a wide moat, fortified by a mix of market-leading brands, entrenched relationships with retailers, and a scale-based cost advantage. L’Oreal is the world’s third-largest advertiser, which we think affords it a degree of negotiating power. We expect these benefits to endure for the next 20 years, prompting its wide moat designation.