Company Valuation: Amundi

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 14,686 10,791 12,526 13,126 14,386 19,342 - -
Change - -26.52% 16.08% 4.79% 9.6% 34.45% - -
Enterprise Value (EV) 1 15,857 10,791 13,903 13,789 14,212 17,998 17,518 17,025
Change - -31.95% 28.84% -0.82% 3.07% 26.64% -2.67% -2.82%
P/E 10.7x 10x 10.8x 10.1x 9.12x 11.8x 13x 12.6x
PBR 1.38x - 1.1x 1.09x 1.14x 1.46x 1.42x 1.36x
PEG - -0.5x 1.33x 0.9x 0.4x 2.91x -1.45x 4.18x
Capitalization / Revenue 4.58x 3.44x 3.91x 3.75x 4.21x 5.28x 5.28x 5.16x
EV / Revenue 4.95x 3.44x 4.34x 3.94x 4.16x 4.92x 4.78x 4.54x
EV / EBITDA 9.51x - - 7.91x 9.32x 9.67x 9.45x 9.04x
EV / EBIT 9.49x 7.36x 9.28x 8.31x 8.69x 10.1x 9.95x 9.46x
EV / FCF 8.31x - 9.33x 9.06x 8.23x 13x 11.1x 10.8x
FCF Yield 12% - 10.7% 11% 12.2% 7.71% 9.01% 9.23%
Dividend per Share 2 4.1 4.1 4.1 4.25 4.25 4.884 5.079 5.226
Rate of return 5.65% 7.74% 6.66% 6.62% 6.02% 5.13% 5.33% 5.49%
EPS 2 6.75 5.28 5.71 6.37 7.74 8.054 7.332 7.554
Distribution rate 60.7% 77.7% 71.8% 66.7% 54.9% 60.6% 69.3% 69.2%
Net sales 1 3,204 3,137 3,204 3,497 3,417 3,660 3,665 3,751
EBITDA 1 1,667 - - 1,743 1,525 1,862 1,855 1,883
EBIT 1 1,670 1,466 1,498 1,660 1,636 1,789 1,761 1,799
Net income 1 1,369 1,074 1,165 1,305 1,592 1,645 1,481 1,521
Net Debt 1 1,170 - 1,376 662.9 -173.8 -1,344 -1,823 -2,317
Reference price 2 72.55 53.00 61.60 64.20 70.60 95.25 95.25 95.25
Nbr of stocks (in thousands) 2,02,433 2,03,604 2,03,350 2,04,461 2,03,768 2,01,581 - -
Announcement Date 09/02/22 08/02/23 07/02/24 04/02/25 03/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.83x4.88x9.59x5.13% 2.22TCr
24.81x8.54x16.38x3.46% 12TCr
18.95x14.55x29.78x0.68% 10TCr
25.53x - - 3.63% 3.4TCr
12.6x4.88x13.47x2.73% 1.83TCr
17.23x1.81x6.95x3.89% 1.72TCr
15.37x9.65x - 9.51% 1.45TCr
33.95x19.35x26.58x - 1.2TCr
33.06x18.02x26.15x2.4% 1.12TCr
Average 21.48x 10.21x 18.41x 3.93% 3.92TCr
Weighted average by Cap. 21.52x 10.46x 20.50x 2.94%

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