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 19,019 - -
Change - -26.52% 16.08% 4.79% 9.6% 32.21% - -
Enterprise Value (EV) 1 15,857 10,791 13,903 13,789 14,212 17,475 17,227 16,737
Change - -31.95% 28.84% -0.82% 3.07% 22.95% -1.42% -2.85%
P/E 10.7x 10x 10.8x 10.1x 9.12x 12.3x 13x 12.6x
PBR 1.38x - 1.1x 1.09x 1.14x 1.45x 1.41x 1.35x
PEG - -0.5x 1.33x 0.9x 0.4x -9.52x -2.74x 3.87x
Capitalization / Revenue 4.58x 3.44x 3.91x 3.75x 4.21x 5.24x 5.25x 5.14x
EV / Revenue 4.95x 3.44x 4.34x 3.94x 4.16x 4.81x 4.76x 4.53x
EV / EBITDA 9.51x - - 7.91x 9.32x 9.55x 9.42x 9.02x
EV / EBIT 9.49x 7.36x 9.28x 8.31x 8.69x 10.3x 10.1x 9.62x
EV / FCF 8.31x - 9.33x 9.06x 8.23x 12.6x 10.9x 10.6x
FCF Yield 12% - 10.7% 11% 12.2% 7.94% 9.17% 9.39%
Dividend per Share 2 4.1 4.1 4.1 4.25 4.25 4.736 4.995 5.131
Rate of return 5.65% 7.74% 6.66% 6.62% 6.02% 5.02% 5.29% 5.44%
EPS 2 6.75 5.28 5.71 6.37 7.74 7.64 7.278 7.514
Distribution rate 60.7% 77.7% 71.8% 66.7% 54.9% 62% 68.6% 68.3%
Net sales 1 3,204 3,137 3,204 3,497 3,417 3,630 3,620 3,698
EBITDA 1 1,667 - - 1,743 1,525 1,830 1,829 1,855
EBIT 1 1,670 1,466 1,498 1,660 1,636 1,691 1,708 1,739
Net income 1 1,369 1,074 1,165 1,305 1,592 1,566 1,466 1,510
Net Debt 1 1,170 - 1,376 662.9 -173.8 -1,544 -1,792 -2,283
Reference price 2 72.55 53.00 61.60 64.20 70.60 94.35 94.35 94.35
Nbr of stocks (in thousands) 202,433 203,604 203,350 204,461 203,768 201,581 - -
Announcement Date 2/9/22 2/8/23 2/7/24 2/4/25 2/3/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
21.23x7.39x14.17x4.04% 102B
19.91x13.45x23.94x0.77% 91.06B
21.94x - - 4.24% 28.89B
18.4x1.84x6.53x3.87% 17.2B
14.69x4.73x12.95x3.06% 16.57B
14.3x9.32x - 10.23% 13.47B
35.56x20.31x27.82x - 12.57B
34.6x18.95x27.49x2.29% 11.75B
Average 22.58x 10.85x 18.82x 4.07% 36.71B
Weighted average by Cap. 21.19x 10.17x 18.41x 3.16%

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