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 17,142 16,725 16,267
Change - -31.95% 28.84% -0.82% 3.07% 20.61% -2.43% -2.74%
P/E 10.7x 10x 10.8x 10.1x 9.12x 12.1x 13x 12.6x
PBR 1.38x - 1.1x 1.09x 1.14x 1.49x 1.41x 1.36x
PEG - -0.5x 1.33x 0.9x 0.4x 11.26x -1.86x 3.87x
Capitalization / Revenue 4.58x 3.44x 3.91x 3.75x 4.21x 5.39x 5.29x 5.18x
EV / Revenue 4.95x 3.44x 4.34x 3.94x 4.16x 4.86x 4.65x 4.43x
EV / EBITDA 9.51x - - 7.91x 9.32x 9.33x 9.2x 8.81x
EV / EBIT 9.49x 7.36x 9.28x 8.31x 8.69x 10.3x 9.79x 9.35x
EV / FCF 8.31x - 9.33x 9.06x 8.23x 12.4x 10.6x 10.3x
FCF Yield 12% - 10.7% 11% 12.2% 8.09% 9.44% 9.66%
Dividend per Share 2 4.1 4.1 4.1 4.25 4.25 4.781 4.973 5.109
Rate of return 5.65% 7.74% 6.66% 6.62% 6.02% 5.07% 5.27% 5.41%
EPS 2 6.75 5.28 5.71 6.37 7.74 7.823 7.278 7.514
Distribution rate 60.7% 77.7% 71.8% 66.7% 54.9% 61.1% 68.3% 68%
Net sales 1 3,204 3,137 3,204 3,497 3,417 3,530 3,594 3,670
EBITDA 1 1,667 - - 1,743 1,525 1,837 1,818 1,847
EBIT 1 1,670 1,466 1,498 1,660 1,636 1,667 1,708 1,739
Net income 1 1,369 1,074 1,165 1,305 1,592 1,745 1,466 1,510
Net Debt 1 1,170 - 1,376 662.9 -173.8 -1,877 -2,294 -2,752
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.($)
21.28x7.41x14.21x4.03% 102B
27.63x12.05x16.81x0.78% 90.66B
21.01x - - 4.36% 27.99B
17.09x1.81x6.8x3.96% 17.24B
14.48x4.67x12.78x3.1% 16.33B
14.35x9.29x - 10.2% 13.52B
34.41x19.62x26.87x - 12.17B
33.68x18.39x26.69x2.36% 11.43B
Average 22.99x 10.46x 17.36x 4.11% 36.47B
Weighted average by Cap. 23.31x 9.60x 15.73x 3.18%

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