Essilorluxottica
EL: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| p^b | LOCK|@CF | LOCK|yNCv>& |
EssilorLuxottica Earnings: Results Are Solid, but Shares Look Significantly Overvalued
We are maintaining our fair value estimate for wide-moat EssilorLuxottica as it reported solid 2024 results, which were still somewhat short of our expectations. At current levels, shares are trading at 35 times earnings and look overvalued.
