Loading…
Makes and markets premium spirits, including Remy Martin cognac and Cointreau liqueur.
Makes and markets premium spirits, including Remy Martin cognac and Cointreau liqueur.
Earns from a small number of aged-spirits brands sold through distributors and its own subsidiaries, so it carries years of maturing cognac stock ahead of sales and is exposed to the US and Chinese markets. The Heriard Dubreuil family controls it through Orpar.
Moat: wide (brand, scale, distribution). Remy Martin's cognac appellation and aged inventory create a strong, hard-to-replicate luxury brand moat.
Headquarters: Cognac, France · Founded: 1724 · Employees: 1,783
Size Remy Cointreau (RCO.PA) is a France Consumer Staples company (Beverages: Alcoholic) with a market value of $3.08B, the 86th largest of 206 France companies the cockpit tracks. Shares closed at €52.10 on 6 Nov 2026.
Performance Over six months the shares gained 30.2%, against -5.9% for the median peer and -0.4% for the France market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue fell 5.0% over the last twelve months (peer median -2.0%); the operating margin is 15.7% (peer median 13.0%).
Valuation It trades at 29.2× forward earnings against a peer median of 25.2× (10th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 17% a year for seven years (Req g). Recent delivered growth is -2%, so the hurdle is +19 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 4.2 points below its cost of capital (8.4% WACC).
Credit Remy Cointreau has 1 bond outstanding ($278M).
Next results Next results expected around 25 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | €935M | €935M | €985M | €1.19B | €1.55B |
| Revenue growth | — | -5% | -18% | -23% | — |
| Gross profit | €570M | €570M | €648M | €805M | €1.06B |
| EBITDA | €193M | €193M | €264M | €349M | €479M |
| Net income | €78.7M | €78.7M | €121M | €185M | €294M |
| Free cash flow | €53.9M | €53.9M | €19.2M | €13.7M | €42.2M |
| Capital expenditure | €37.0M | €37.0M | €51.2M | €80.9M | €81.9M |
| Total debt | n/a | €754M | €747M | €730M | €607M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Remy Cointreau RCO.PA | $3.08B | +30% | -5% | 16% | 29.2× | 17.0% |
| Pernod Ricard RI.PA | $20.0B | +16% | -14% | 26% | 12.5× | 2.1% |
| Diageo DGE.L | $56.3B | +25% | -6% | 29% | 15.2× | -0.9% |
| LVMH Moet Hennessy Louis Vuitton MC.PA | $226B | -11% | -4% | 22% | 18.6× | 10.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | RCO.PA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +21.6% | +3.6% | 3rd highest of 21 |
| 6-month return | +30.2% | -5.9% | 4th highest of 21 |
| Distance from 52-week high | -3.1% | -25.6% | 2nd highest of 21 |
| Revenue growth (TTM) | -5.0% | -2.0% | 9th lowest of 21 |
| Operating margin | 15.7% | 13.0% | 8th highest of 21 |
| Forward P/E | 29.2× | 25.2× | 10th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 17.0% | 5.3% | 2nd most demanding of 14 |
| Growth delivered (Del g) | -1.5% | +6.2% | lowest of 14 |
| Hurdle (Req g minus delivered) | +18.6 pp | -5.1 pp | 2nd most demanding of 14 |
| ROIC minus cost of capital | -4.2 pp | -0.5 pp | 5th lowest of 21 |
| EV / EBITDA | 17.7× | 20.2× | 5th cheapest of 11 |
| Net debt / EBITDA | 3.5× | 1.3× | most indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Remy Cointreau RCO.PA | France | $3.08B | +30% | -5% | 16% | 29.2× | 17.0% | -1.5% |
| Guangzhou Zhujiang Brewery 002461.SZ | China | $2.91B | -15% | +2% | 15% | 19.8× | -5.8% | +6.9% |
| Chongqing Brewery 600132.SS | China | $2.88B | -28% | -4% | 20% | 17.3× | -8.9% | +6.2% |
| United Breweries UBL.NS | India | $3.33B | -17% | +7% | 6% | 65.9× | n/a | n/a |
| Royal Unibrew A/S RBREW.CO | Denmark | $3.37B | +11% | +3% | 14% | 13.3× | -7.1% | +16.5% |
| ZJLD 6979.HK | Hong Kong | $3.41B | -3% | -29% | 13% | 27.6× | n/a | n/a |
| Treasury Wine Estates TWE.AX | Australia | $3.56B | +52% | -12% | 17% | 18.4× | 9.3% | -0.4% |
| Takara 2531.T | Japan | $3.84B | +75% | +9% | 4% | 34.6× | n/a | n/a |
| Boston Beer SAM | United States | $2.24B | +12% | -4% | 5% | 21.0× | 6.5% | +2.5% |
| Allied Blenders and Distillers ABDL.NS | India | $2.10B | +24% | -20% | 11% | 63.5× | n/a | n/a |
| Sichuan Swellfun 600779.SS | China | $2.06B | -13% | -30% | 20% | 46.3× | 16.6% | +0.1% |
| Compania Cervecerias Unidas S.A. Sponsored ADR CCU | United States | $2.02B | -9% | +6% | 7% | 13.7× | 0.4% | +5.5% |
| Beijing Yanjing Brewery 000729.SZ | China | $4.82B | -14% | +7% | 16% | 15.7× | -4.2% | +7.3% |
| Sapporo Breweries 2501.T | Japan | $5.34B | +24% | -6% | 5% | 2.8× | 14.8% | +3.1% |
| Anhui Yingjia Distillery 603198.SS | China | $5.35B | +17% | 0% | 41% | 17.1× | 5.3% | +11.7% |
| Jiugui Liquor 000799.SZ | China | $1.70B | -18% | +19% | -3% | 271.1× | n/a | n/a |
| Anhui Kouzi Distillery 603589.SS | China | $1.65B | -22% | -19% | 13% | 22.9× | n/a | n/a |
| Hebei Hengshui Laobaigan Liquor 600559.SS | China | $1.64B | -12% | -17% | 11% | 30.7× | 14.2% | +2.4% |
| Shede Spirits 600702.SS | China | $1.61B | -24% | -10% | -1% | 53.4× | n/a | n/a |
| Kuaijishan Shaoxing Rice Wine 601579.SS | China | $1.51B | +22% | +6% | 19% | 35.8× | 1.3% | +10.7% |
| Radico Khaitan RADICO.NS | India | $6.37B | +33% | +16% | 17% | 66.7× | 45.1% | +20.5% |
Remy Cointreau has 1 bond outstanding with $278M face value.