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Remy Cointreau (RCO) Fair Value & Analysis

Consumer Defensive · FR · Market cap €2.3B · ISIN FR0000130395

What is Remy Cointreau really worth?

RC Remy Cointreau RCO · PA
Price€44.28
Fair Value€23.85
Upside−46.1%
Quality50/100

A solid business, but trading 86% above our fair value of €23.85.

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Strengths

Low debt · generates free cash flow

Risks

!Weak Growth (revenue 5y −1.5 %/yr)
!Thin margins · 8.4% net margin
!Trails peers (3/15)
!Narrow moat 44/100
!Weak on past: 16 out of 100

For context

·2.26% dividend yield
Evidence: High Range €16.69 – €24.68

Fair value as of: Aug 27, 2026

From 24 valuation models · updated 9 days ago

Share price −1.2% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (€24.68). The favourable scenario is already priced in.
  • Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

€196.33 €34.88 Fair Value €23.85 Jul 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

60‑month range €34.88 – €196.33 · fair‑value band €16.69 – €24.68 · the €44.28 price screens above the €23.85 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 27, 2026.

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Analysis

Remy Cointreau (RCO) currently trades at €44.28, while our model-based Fair Value estimate is €23.85, implying the stock looks roughly 85.7% overvalued today. The Quality Score stands at 50/100 (solid quality), in the Consumer Defensive sector. Bull case: the Multiples group reads highest at a median of €25.52 per share, and 0 of the 24 models we run sit above the €44.28 price. Bear case: the DCF Models group reads lowest at €9.96, and 24 of the 24 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Remy Cointreau generated revenue of €940M at a net margin of 9.8%. Revenue declined 8.3% year over year. It earns a return on equity of 4.8%. Net debt stands at €690M. Fundamentals as of Aug 27, 2026

Our scenario range runs from €16.69 (bear case) to €24.68 (bull case); at €44.28, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 28% below its 52-week high and 29% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at −4% fair-value upside, at −46%, RCO screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2026 figures, and about 5 months have passed since. In that time the company retained roughly €0.2151 per share, which is 0.9 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF €1.80 €8.05 77
Residual Income €27.36 €27.37 €24.73 76
Growth DCF €2.07 €7.64 75
All 24 models by family
DCF Models
FCF DCF €1.80 €8.05 77
Owner Earnings €4.29 €9.96 €20.14 71
5Y Revenue Exit €2.92 €10.73 €22.11 66
5Y EBITDA Exit €12.84 €27.90 €47.84 72
5Y P/E Exit €4.74 €13.89 €24.78 66
10Y Revenue Exit €0.5000 €6.06 €12.15 60
10Y EBITDA Exit €6.87 €16.45 €26.93 66
10Y P/E Exit €2.06 €7.97 €13.68 60
Earnings-Based
Graham-Dodd €10.21 €12.53 €14.12 67
EPV €12.04 €15.71 €18.88 74
Dividend Discount
Gordon GGM €9.86 €10.75 €12.09 69
DDM Multi-Stage €9.86 €12.20 €15.38 67
Multiples
P/E Multiple €23.64 €31.52 €39.40 63
P/S Multiple €19.14 €25.52 €31.90 58
P/B Multiple €19.14 €25.52 €31.90 55
EV/EBIT €29.05 €42.47 €55.90 65
EV/EBITDA €28.16 €41.28 €54.41 66
EV/Revenue €7.53 €15.57 €23.61 51
Asset-Based
NCAV (Graham) €18.42 €24.69 €36.85 54
Growth DCF
Growth DCF €2.07 €7.64 75
Rev-Margin DCF €2.92 €10.96 €20.68 67
Economic Profit
Residual Income €27.36 €27.37 €24.73 76
ROIC Compounder €12.04 €15.71 €18.88 72
Growth Earnings
Growth-Adj P/E €16.69 €23.85 €31.00 67

Widest divergence: Multiples (€25.52) versus Growth DCF (€2.07). Highest evidence: FCF DCF (77).

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Key figures & financial health

P/E ratio 29.5
P/S ratio 2.48 P/E × margin
EPS (TTM) €1.50 price ÷ EPS = P/E 29.5
Dividend yield 2.3% payout 66.7%
Net margin 8.4% FY2026
Return on equity 4.1% TTM
More key figures
Profitability
Return on assets (EBIT) 8.8% avg 5y
Operating margin 13.0% TTM
Growth
Revenue (TTM) €935M TTM
Revenue growth (YoY) −1.2% 3y avg −15.5%
EPS growth (YoY) −47.6%
Balance sheet & cash flow
Free cash flow €53.9M FY2026
Net debt €690M FY2026 · ≈ 12.8 yrs of FCF

Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 48 · Market factors (momentum, volatility) 47

Profitability 28
Margins and returns on capital today
Quality Growth 21
Are margins and returns improving?
Cashflow 41
Earnings quality: real cash, not paper profit
Fin. Strength 53
Balance sheet, leverage, solvency risk
Investment 87
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 29
Distance to the 52-week high (market factor)
Net Issuance 73
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. It operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments.

Full company description

Rémy Cointreau SA, together with its subsidiaries, engages in the production, sale, and distribution of liqueurs and spirits. It operates through Rémy Martin, Liqueurs & Spirits, and Partner Brands segments. The company offers cognacs, liqueurs, single malt whiskies, gins, rums, brandies, wines, and champagnes primarily under the Cointreau, Metaxa, St-Rémy, Mount Gay, Bruichladdich, The Botanist, Westland, Le Domaine des Hautes Glaces, Belle de Brillet, Telmont, Port Charlotte, Octomore, Rémy Martin, and LOUIS XIII brands. It operates in Europe, the Middle East, Africa, the Americas, Asia, Australia, and New Zealand. The company was founded in 1724 and is headquartered in Cognac, France.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Remy Cointreau reported revenue of €935M in FY2026 versus €1.3B in FY2022, a compound −8.1%/yr. Reported net income was €78.6M in FY2026, compounding −22.0%/yr from FY2022.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
€935M
Latest YoY
−5.0%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−15.5%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−1.5%
Avg. revenue growth/yr (25Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+0.0%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
−9.0% (−11.3 + 2.3)
Revenue −8.1%/yr
FY22 €1.3B
FY23 €1.5B
FY24 €1.2B
FY25 €985M
FY26 €935M
Net income −22.0%/yr
FY22 €213M
FY23 €294M
FY24 €185M
FY25 €121M
FY26 €78.6M
Character of growth · EPS growth decomposed (2015-2026) +1.7 % p.a.
Revenue per share −0.4 %

of which total revenue +0.0 % · buybacks/dilution −0.4 %

EBIT margin +2.0 %
Tax rate −0.1 %
Residual (interest, one-offs) +0.1 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

RCO screens 86% overvalued. Compare with Kweichow Moutai Co →

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Cite: Fair Value Calculator (2026). "Remy Cointreau Fair Value". https://www.fairvalue-calculator.com/stock/RCO

Peer Group

Beverages - Wineries & Distilleries · 94 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 50 · Below median
Fair Value upside −46% · Below median
Return on equity (TTM) 4% · Below median
Return on assets 3% · Below median
Net margin (TTM) 8% · Above median
Operating margin (TTM) 13% · Above median
Revenue growth −1% · Above median
Dividend yield (TTM) 2.3% · Below median
Debt / equity 0.35× · Higher than median

Valuation Multiples vs Beverages - Wineries & Distilleries median · lower = cheaper

P/E (TTM) 29.5× · Pricier than median
P/B 1.37× · Pricier than median
P/S (TTM) 2.83× · Pricier than median
P/FCF 49.1× · Pricier than 75% of peers
EV/EBITDA 15.8× · Pricier than 75% of peers
PEG 1.11× · Pricier than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 15
FUTURE0 · sector 0
PAST16 · sector 19
HEALTH83 · sector 95
DIVIDEND45 · sector 60

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Alcohol

Similar stocks

10 more Beverages - Wineries & Distilleries stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

Stock Price Fair Value vs Fair Value
Kweichow Moutai Co 600519 ¥1,303 ¥1,238 −5%
Diageo plc DEO $92.99 $73.29 −21%
Wuliangye Yibin Co 000858 ¥71.89 ¥48.44 −33%
Shanxi Xinghuacun Fen Wine Factory Co 600809 ¥116.39 ¥185.80 +60%
Pernod Ricard SA RI €63.20 €76.13 +20%
Luzhou Laojiao Co 000568 ¥84.50 ¥149.17 +77%
Brown-Forman Corporation BFA $28.72 $27.69 −4%
United Spirits Limited UNITDSPR ₹1,528 ₹285.39 −81%
Thai Beverage Public Company Y92 0.4650 SGD 0.7000 SGD +51%
Jiangsu Yanghe Distillery Co 002304 ¥39.59 ¥27.82 −30%

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Frequently asked questions

Is Remy Cointreau (RCO) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of €23.85 versus a price of €44.28, about −46% upside (overvalued).
What is the fair value of RCO?
Our model-based fair value for Remy Cointreau is €23.85 (as of Aug 27, 2026), built from audited fundamentals. The current price: €44.28.
What is the quality score of RCO?
Remy Cointreau has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Remy Cointreau (RCO)?
Remy Cointreau reported trailing-twelve-month revenue of about €940M (latest available figure, as of Aug 27, 2026).
What is the net profit margin of RCO?
The net profit margin of Remy Cointreau is about 9.8%, meaning it keeps roughly 9.8% of revenue as net income. Based on the latest reported figures.
Does Remy Cointreau pay a dividend?
Remy Cointreau currently shows a dividend yield of about 2.26% relative to its recent price (as of Aug 27, 2026).
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