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 17,945 - -
Change - -26.52% 16.08% 4.79% 9.6% 24.74% - -
Enterprise Value (EV) 1 15,857 10,791 13,903 13,789 14,212 16,634 16,171 15,693
Change - -31.95% 28.84% -0.82% 3.07% 17.04% -2.78% -2.95%
P/E 10.7x 10x 10.8x 10.1x 9.12x 12.1x 12.2x 11.8x
PBR 1.38x - 1.1x 1.09x 1.14x 1.4x 1.33x 1.28x
PEG - -0.5x 1.33x 0.9x 0.4x -2.03x -14.61x 2.97x
Capitalization / Revenue 4.58x 3.44x 3.91x 3.75x 4.21x 5.1x 5.03x 4.91x
EV / Revenue 4.95x 3.44x 4.34x 3.94x 4.16x 4.73x 4.53x 4.3x
EV / EBITDA 9.51x - - 7.91x 9.32x 9.27x 8.94x 8.51x
EV / EBIT 9.49x 7.36x 9.28x 8.31x 8.69x 9.82x 9.56x 9.08x
EV / FCF 8.31x - 9.33x 9.06x 8.23x 11.8x 10.8x 10.4x
FCF Yield 12% - 10.7% 11% 12.2% 8.45% 9.28% 9.57%
Dividend per Share 2 4.1 4.1 4.1 4.25 4.25 4.701 4.943 5.104
Rate of return 5.65% 7.74% 6.66% 6.62% 6.02% 5.32% 5.6% 5.78%
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% 64.6% 68.5% 68%
Net sales 1 3,204 3,137 3,204 3,497 3,417 3,517 3,570 3,652
EBITDA 1 1,667 - - 1,743 1,525 1,794 1,809 1,844
EBIT 1 1,670 1,466 1,498 1,660 1,636 1,695 1,691 1,728
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 88.30 88.30 88.30
Nbr of stocks (in thousands) 202,433 203,604 203,350 204,461 203,768 203,222 - -
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.($)
20.29x7.08x13.8x4.26% 94.96B
25.81x10.59x16.28x0.82% 85.42B
20.19x - - 4.49% 27.22B
17.76x1.82x6.89x3.84% 17.85B
13.2x4.23x11.68x3.18% 15.84B
11.82x9.16x - 10.4% 13.26B
37.6x20.96x30.31x2.12% 12.57B
81x6.17x19.64x1.38% 8.77B
Average 28.46x 8.57x 16.43x 3.81% 34.49B
Weighted average by Cap. 23.73x 8.51x 15.13x 3.24%

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