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 18,949 - -
Change - -26.52% 16.08% 4.79% 9.6% 31.72% - -
Enterprise Value (EV) 1 15,857 10,791 13,903 13,789 14,212 17,628 17,174 16,704
Change - -31.95% 28.84% -0.82% 3.07% 24.04% -2.58% -2.74%
P/E 10.7x 10x 10.8x 10.1x 9.12x 11.7x 12.1x 11.7x
PBR 1.38x - 1.1x 1.09x 1.14x 1.4x 1.33x 1.27x
PEG - -0.5x 1.33x 0.9x 0.4x -5.32x -3.08x 3.4x
Capitalization / Revenue 4.58x 3.44x 3.91x 3.75x 4.21x 5.37x 5.3x 5.19x
EV / Revenue 4.95x 3.44x 4.34x 3.94x 4.16x 4.99x 4.8x 4.57x
EV / EBITDA 9.51x - - 7.91x 9.32x 9.84x 9.56x 9.17x
EV / EBIT 9.49x 7.36x 9.28x 8.31x 8.69x 10.3x 10.1x 9.67x
EV / FCF 8.31x - 9.33x 9.06x 8.23x 12.5x 11.4x 11.1x
FCF Yield 12% - 10.7% 11% 12.2% 7.98% 8.74% 8.99%
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% 5.33% 5.61% 5.77%
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 88.35 88.35 88.35
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.($)
21.5x7.48x14.34x3.99% 10TCr
27.17x11.97x16.61x0.79% 8.91TCr
21.1x - - 4.34% 2.81TCr
16.69x1.76x6.63x4.06% 1.68TCr
14.27x4.6x12.6x3.15% 1.61TCr
12.01x9.24x - 10.26% 1.34TCr
34.76x19.83x27.16x - 1.22TCr
33.62x18.35x26.64x2.37% 1.14TCr
Average 22.64x 10.46x 17.33x 4.14% 3.63TCr
Weighted average by Cap. 23.11x 9.60x 15.71x 3.19%

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