Company Valuation: Ameriprise Financial, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 22,927 33,753 33,135 38,437 51,653 49,575 49,575 -
Change - 47.22% -1.83% 16% 34.38% -4.02% 0% -
Enterprise Value (EV) 1 19,207 29,658 29,193 34,560 46,547 38,879 37,965 36,291
Change - 54.41% -1.57% 18.39% 34.68% -16.47% -3.69% -4.41%
P/E ratio 15.9x 13.1x 13.8x 16x 16.1x 13.5x 13.4x 12.3x
PBR 3.68x 6.22x 9.32x 8.49x 9.8x 6.84x 6.82x 5.57x
PEG - 0.1x -6.48x 3x 0.4x 1.38x 0.9x 1.38x
Capitalization / Revenue 1.94x 2.44x 2.32x 2.5x 3.02x 2.49x 2.56x 2.45x
EV / Revenue 1.62x 2.14x 2.05x 2.25x 2.73x 2.13x 1.96x 1.79x
EV / EBITDA 8.73x 8.15x 8.54x 7.83x 10.1x 6.79x 6.21x 5.84x
EV / EBIT 9.64x 8.98x 8.61x 8.78x 10.5x 7.97x 7.45x 6.86x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 4.09 4.52 4.88 5.3 5.79 6.165 6.687 7.19
Rate of return 2.1% 1.5% 1.57% 1.4% 1.09% 1.14% 1.23% 1.32%
EPS 2 12.2 23 22.51 23.71 33.05 36.28 40.62 44.23
Distribution rate 33.5% 19.7% 21.7% 22.4% 17.5% 17.4% 16.5% 16.3%
Net sales 1 11,829 13,861 14,264 15,387 17,079 18,293 19,367 20,239
EBITDA 1 2,200 3,639 3,420 4,414 4,595 5,803 6,110 6,209
EBIT 1 1,993 3,304 3,391 3,936 4,436 4,877 5,098 5,293
Net income 1 1,534 2,760 2,559 2,556 3,401 3,563 3,733 3,839
Net Debt 1 -3,720 -4,095 -3,942 -3,877 -5,106 -6,676 -11,610 -13,284
Reference price 2 194.33 301.66 311.37 379.83 532.43 542.99 542.99 542.99
Nbr of stocks (in thousands) 1,17,978 1,11,890 1,06,417 1,01,196 97,015 91,300 91,300 -
Announcement Date 27/01/21 26/01/22 25/01/23 24/01/24 29/01/25 29/01/26 - -
1USD in Million2USD
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.31x2.18x6.79x1.14% 4.96TCr
26.55x6.89x17.09x1.97% 16TCr
18.51x - - 2.32% 13TCr
17.01x7.01x - 1.61% 8.56TCr
30.1x14.67x26.66x3.54% 8.01TCr
5.3x5.17x5.26x2.52% 4.64TCr
14.04x5.44x - 2.41% 3.69TCr
17.59x5.41x18.54x2.03% 2.84TCr
12.08x2.59x - 3.09% 2.23TCr
Average 17.39x 6.17x 14.87x 2.29% 7.2TCr
Weighted average by Cap. 20.07x 7.14x 16.41x 2.23%
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Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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