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Danone S.A (BN) Fair Value & Analysis

Consumer Defensive · FR · Market cap €39.0B

DS Danone S.A BN · PA
Price€67.62
Fair Value€50.26
Upside-25.7%
Quality95/100
Evidence: High Range €32.30 – €74.79

Fair value as of: Jun 24, 2026

From 24 valuation models · updated 5 days ago

Share price +18.2% over the past month.

Price vs Fair Value (12 months)

€72.14 €57.20 Fair Value €50.26 Jul 2025 Jun 2026

12‑month range €57.20 – €72.14 · fair‑value band €32.30 – €74.79 · the €67.62 price screens above the €50.26 fair value. As of Jun 24, 2026.

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Analysis

Danone S.A (BN) currently trades at €67.62, while our model-based Fair Value estimate is €50.26 — implying the stock looks roughly 25.7% overvalued today. We read business quality at 95/100 (high quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Danone S.A generated revenue of €27.3B at a net margin of 6.7%. Revenue declined 0.5% year over year. It earns a return on equity of 10.8%. Net debt stands at €13.1B. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) €27.3B
Revenue growth (YoY) -0.5%
Net margin 6.7%
Return on equity 10.8%
Free cash flow €2.7B FY2025
P/E ratio 21.6
More key figures
Operating margin 13.7%
EPS (TTM) €2.82
Dividend yield 3.6%
EPS growth (YoY) -2.5%
Net debt €13.1B FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

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. It produces and distributes yogurts, dairy products, coffee creations and drinks, beverages, plant-based products, ice creams, frozen desserts, and cheese products. The company also provides specialized nutrition, including formulas and complementary feeding for babies and young children; and special medical purposes food for children and adults. In addition, it offers tube feeding products and oral nutritional supplements. Further, the company provides mineral waters from natural sources, waters infused with natural fruit extracts, fruit juices, and vitamins. The company offers its products under the Actimel, Activia, Alpro, Aptamil, Danette, Danio, Danoni…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Danone S.A reported revenue of €27.3B in FY2025 versus €24.3B in FY2021, a compound +3.0%/yr. Reported net income was €1.8B in FY2025, compounding −1.3%/yr from FY2021.

Revenue +3.0%/yr
FY21 €24.3B
FY22 €27.7B
FY23 €27.6B
FY24 €27.4B
FY25 €27.3B
Net income −1.3%/yr
FY21 €1.9B
FY22 €959M
FY23 €881M
FY24 €2.0B
FY25 €1.8B

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Recent news

External third-party headlines (Yahoo Finance, Reuters and others) — not an editorial selection, not financial advice.

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Frequently asked questions

Is Danone S.A (BN) undervalued?
As of Jun 24, 2026, our model estimates a fair value of €50.26 versus a price of €67.62 — about −26% (overvalued). Model-based estimate, not financial advice.
What is the fair value of BN?
Our 21-model fair value for Danone S.A is €50.26 (as of Jun 24, 2026), built from audited fundamentals. The current price is €67.62.
What is the quality score of BN?
Danone S.A has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Danone S.A (BN)?
Danone S.A reported trailing-twelve-month revenue of about €27.3B (latest available figure, as of Jun 24, 2026).
What is the net profit margin of BN?
The net profit margin of Danone S.A is about 6.7%, meaning it keeps roughly 6.7% of revenue as net income. Based on the latest reported figures.
Does Danone S.A pay a dividend?
Danone S.A currently shows a dividend yield of about 3.64% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.