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 17,792 - -
Change - -26.52% 16.08% 4.79% 9.6% 23.68% - -
Enterprise Value (EV) 1 15,857 10,791 13,903 13,789 14,212 16,472 16,018 15,547
Change - -31.95% 28.84% -0.82% 3.07% 15.9% -2.76% -2.94%
P/E 10.7x 10x 10.8x 10.1x 9.12x 11.6x 12x 11.6x
PBR 1.38x - 1.1x 1.09x 1.14x 1.38x 1.32x 1.26x
PEG - -0.5x 1.33x 0.9x 0.4x -5.28x -3.06x 3.37x
Capitalization / Revenue 4.58x 3.44x 3.91x 3.75x 4.21x 5.04x 4.97x 4.87x
EV / Revenue 4.95x 3.44x 4.34x 3.94x 4.16x 4.67x 4.48x 4.26x
EV / EBITDA 9.51x - - 7.91x 9.32x 9.19x 8.92x 8.53x
EV / EBIT 9.49x 7.36x 9.28x 8.31x 8.69x 9.61x 9.43x 9x
EV / FCF 8.31x - 9.33x 9.06x 8.23x 11.7x 10.7x 10.4x
FCF Yield 12% - 10.7% 11% 12.2% 8.54% 9.37% 9.66%
Dividend per Share 2 4.1 4.1 4.1 4.25 4.25 4.706 4.957 5.096
Rate of return 5.65% 7.74% 6.66% 6.62% 6.02% 5.37% 5.66% 5.82%
EPS 2 6.75 5.28 5.71 6.37 7.74 7.57 7.273 7.523
Distribution rate 60.7% 77.7% 71.8% 66.7% 54.9% 62.2% 68.2% 67.7%
Net sales 1 3,204 3,137 3,204 3,497 3,417 3,531 3,577 3,652
EBITDA 1 1,667 - - 1,743 1,525 1,791 1,796 1,822
EBIT 1 1,670 1,466 1,498 1,660 1,636 1,713 1,699 1,728
Net income 1 1,369 1,074 1,165 1,305 1,592 1,522 1,463 1,509
Net Debt 1 1,170 - 1,376 662.9 -173.8 -1,320 -1,775 -2,245
Reference price 2 72.55 53.00 61.60 64.20 70.60 87.55 87.55 87.55
Nbr of stocks (in thousands) 2,02,433 2,03,604 2,03,350 2,04,461 2,03,768 2,03,222 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11.57x4.67x9.19x5.37% 2.03TCr
27.19x11.98x16.62x0.79% 8.92TCr
21.42x - - 4.28% 2.85TCr
16.74x1.77x6.66x4.05% 1.69TCr
14.49x4.63x12.79x3.1% 1.63TCr
12.06x9.27x - 10.22% 1.35TCr
35.44x20.24x27.73x - 1.24TCr
33.14x18.06x26.22x2.4% 1.12TCr
91.75x6.22x19.77x1.37% 902.39Cr
Average 29.31x 9.60x 17.00x 3.95% 2.41TCr
Weighted average by Cap. 25.73x 10.08x 16.01x 2.92%

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