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 16,776 - -
Change - -26.52% 16.08% 4.79% 9.6% 16.61% - -
Enterprise Value (EV) 1 15,857 10,791 13,903 13,789 14,212 15,479 15,022 14,550
Change - -31.95% 28.84% -0.82% 3.07% 8.91% -2.95% -3.15%
P/E Ratio 10.7x 10x 10.8x 10.1x 9.12x 11.4x 11.5x 11x
PBR 1.38x - 1.1x 1.09x 1.14x 1.3x 1.24x 1.18x
PEG - -0.5x 1.33x 0.9x 0.4x -1.79x -14.16x 2.75x
Capitalization / Revenue 4.58x 3.44x 3.91x 3.75x 4.21x 4.81x 4.75x 4.64x
EV / Revenue 4.95x 3.44x 4.34x 3.94x 4.16x 4.44x 4.25x 4.03x
EV / EBITDA 9.51x - - 7.91x 9.32x 8.8x 8.51x 8.08x
EV / EBIT 9.49x 7.36x 9.28x 8.31x 8.69x 9.26x 9.05x 8.53x
EV / FCF 8.31x - 9.33x 9.06x 8.23x 11.3x 10.3x 9.98x
FCF Yield 12% - 10.7% 11% 12.2% 8.83% 9.69% 10%
Dividend per Share 2 4.1 4.1 4.1 4.25 4.25 4.665 4.905 5.048
Rate of return 5.65% 7.74% 6.66% 6.62% 6.02% 5.65% 5.94% 6.11%
EPS 2 6.75 5.28 5.71 6.37 7.74 7.246 7.187 7.474
Distribution rate 60.7% 77.7% 71.8% 66.7% 54.9% 64.4% 68.2% 67.5%
Net sales 1 3,204 3,137 3,204 3,497 3,417 3,486 3,534 3,615
EBITDA 1 1,667 - - 1,743 1,525 1,759 1,766 1,800
EBIT 1 1,670 1,466 1,498 1,660 1,636 1,671 1,661 1,706
Net income 1 1,369 1,074 1,165 1,305 1,592 1,444 1,442 1,497
Net Debt 1 1,170 - 1,376 662.9 -173.8 -1,297 -1,754 -2,226
Reference price 2 72.55 53.00 61.60 64.20 70.60 82.55 82.55 82.55
Nbr of stocks (in thousands) 202,433 203,604 203,350 204,461 203,768 203,222 - -
Announcement Date 2/9/22 2/8/23 2/7/24 2/4/25 2/3/26 - - -
1EUR in Million2EUR
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.55x7.09x13.61x4.21% 96.45B
26.65x8.53x13.26x0.82% 86.41B
22.53x6.49x15.02x4.02% 30.42B
18.69x1.83x6.95x4.09% 16.7B
12.86x4.26x12.06x3.06% 16.47B
12.35x9.34x - 9.97% 13.83B
33.15x18.41x26.49x2.4% 11.07B
77.95x6.21x19.47x1.43% 8.63B
Average 28.09x 7.77x 15.27x 3.75% 35B
Weighted average by Cap. 23.95x 7.52x 13.87x 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

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