Danone S.A. (BN.PA)

Valuation as at 2026-08-29 · see also the Europe Most Undervalued screen

About Danone S.A.

Danone S.A. operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments.

Source: Yahoo Finance company profile · factual description, not KashVector commentary

Danone S.A. BN.PA

Consumer Defensive · Packaged Foods

Price
€64.40
Market Cap
€41.48B
Free Cash Flow
€2.08B
Beta
0.50
P/E (TTM)
21.3x
52-Week Range
€60.64–€80.14

Danone S.A.'s price & financial trends

Annual reporting periods — this market does not have reliable quarterly data on Yahoo (either it isn't required, or coverage is incomplete), so annual is the most granular consistent series across free cash flow and dividends.

Data as at 2026-08-29

Share price · last 2 years

€64.70 +3% vs 2024-08
STOXX Europe 600 €62.80€67.48€69.36€77.00€66.74€64.70 2024-082025-012025-062025-112026-042026-08

Earnings per share (diluted) Per year

€2.82 +91% vs FY22
€1.48€1.36€3.13€2.82FY22FY23FY24FY25

Free cash flow Per year

€2.72B +30% vs FY22
€2.09B€2.60B€2.91B€2.72BFY22FY23FY24FY25

Dividend per share Per year

€2.14 +10% vs FY22
€1.94€1.99€2.09€2.14FY22FY23FY24FY25

Value investing scale · Buffett · Dalio · Graham

Partial Fit
12 / 20 combined score

See the full Buffett, Dalio & Graham breakdown for BN.PA →

Intrinsic value estimate · 5-year forecast

BEAR
€67.26
vs current €64.40
+4.4% ⚠️ Fairly Valued
BASE
€109.11
vs current €64.40
+69.4% ✅ Undervalued
BULL
€191.85
vs current €64.40
+197.9% ✅ Undervalued

Assumptions used in this valuation

Every input below is either fetched live from Yahoo Finance or a documented default — nothing is hidden.

Starting free cash flow
€2.08B
Reported free cash flow (Yahoo)
Risk-free rate
3.20%
Fixed market seed
Beta
0.50
Floored for non-US stocks
Equity risk premium
5.50%
Market-specific seed
Cost of debt
4.35%
Synthetic rating A, ICR 7.5x
Tax rate
25.00%
Estimated default
Capital structure
E 70% / D 30%
Market cap vs total debt
Projection horizon
5 years
+ terminal value beyond
BearBaseBull
5-yr FCF growth3.5%6.9%10.4%
Terminal growth1.8%1.8%1.8%
WACC (discount rate)6.15%5.15%4.15%

Cost of Equity = Risk-free rate + Beta × Equity Risk Premium = 3.20% + 0.50 × 5.50% = 5.95% · WACC = weighted by 70%/30% capital structure

These numbers come from running Danone S.A.'s cash flows through the mechanical DCF formula and assumptions above — not from any view on the news, management, or BN.PA's competitive position. What is DCF?

Want to test your own growth or discount-rate assumptions?Open the full interactive calculator, pre-filled with BN.PA →

Not financial advice. DCF valuations are highly sensitive to assumptions — small changes in growth rate or discount rate produce large swings in output. This is a mechanical calculation, not a recommendation to buy, hold, or sell.

About this valuation

Computed on 2026-08-29 from Yahoo Finance data, using the same engine as the full DCF tool and the Europe Most Undervalued screen. Every figure above is a point-in-time snapshot of that date — change any assumption yourself in the interactive tool for a live one.

Frequently asked questions

Is Danone S.A. (BN.PA) undervalued?

The Base-case DCF estimates intrinsic value at €109.11 vs a price of €64.40 on 2026-08-29 — a +69.4% margin, so the Base case reads undervalued. This is a mechanical output, not advice.