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 17,487 - -
Change - -26.52% 16.08% 4.79% 9.6% 21.56% - -
Enterprise Value (EV) 1 15,857 10,791 13,903 13,789 14,212 16,177 15,714 15,236
Change - -31.95% 28.84% -0.82% 3.07% 13.82% -2.86% -3.04%
P/E 10.7x 10x 10.8x 10.1x 9.12x 11.8x 11.9x 11.5x
PBR 1.38x - 1.1x 1.09x 1.14x 1.35x 1.29x 1.23x
PEG - -0.5x 1.33x 0.9x 0.4x -1.98x -14.25x 2.89x
Capitalization / Revenue 4.58x 3.44x 3.91x 3.75x 4.21x 5x 4.93x 4.82x
EV / Revenue 4.95x 3.44x 4.34x 3.94x 4.16x 4.63x 4.43x 4.2x
EV / EBITDA 9.51x - - 7.91x 9.32x 9.14x 8.82x 8.38x
EV / EBIT 9.49x 7.36x 9.28x 8.31x 8.69x 9.66x 9.43x 8.89x
EV / FCF 8.31x - 9.33x 9.06x 8.23x 11.5x 10.5x 10.1x
FCF Yield 12% - 10.7% 11% 12.2% 8.69% 9.55% 9.86%
Dividend per Share 2 4.1 4.1 4.1 4.25 4.25 4.675 4.923 5.068
Rate of return 5.65% 7.74% 6.66% 6.62% 6.02% 5.43% 5.72% 5.89%
EPS 2 6.75 5.28 5.71 6.37 7.74 7.279 7.219 7.506
Distribution rate 60.7% 77.7% 71.8% 66.7% 54.9% 64.2% 68.2% 67.5%
Net sales 1 3,204 3,137 3,204 3,497 3,417 3,498 3,547 3,630
EBITDA 1 1,667 - - 1,743 1,525 1,770 1,781 1,817
EBIT 1 1,670 1,466 1,498 1,660 1,636 1,675 1,667 1,713
Net income 1 1,369 1,074 1,165 1,305 1,592 1,452 1,449 1,504
Net Debt 1 1,170 - 1,376 662.9 -173.8 -1,311 -1,773 -2,251
Reference price 2 72.55 53.00 61.60 64.20 70.60 86.05 86.05 86.05
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.57x7.15x14.03x4.21% 9.64TCr
25.46x10.49x16.11x0.84% 8.43TCr
19.55x5.66x13.11x4.63% 2.64TCr
17.63x1.81x6.98x3.87% 1.77TCr
12.85x4.06x11.36x3.27% 1.54TCr
11.99x9.22x - 10.25% 1.34TCr
37.24x20.84x30.08x2.13% 1.24TCr
80.89x6.17x19.62x1.38% 878.83Cr
Average 28.27x 8.18x 15.90x 3.82% 3.44TCr
Weighted average by Cap. 23.61x 8.20x 14.92x 3.25%

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