Projected Income Statement: Amundi

Forecast Balance Sheet: Amundi

Forecast Balance Sheet - Amundi
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 1,170 - 1,376 663 -174 -1,344 -1,816 -2,315
Change - - - -51.82% -126.24% -673.45% -35.12% -27.48%
Announcement Date 09/02/22 08/02/23 07/02/24 04/02/25 03/02/26 - - -
1EUR in Million
Estimates

Cash Flow Forecast: Amundi

Fiscal Period: December 2021 2023 2024 2025 2026 2027 2028
CAPEX 1 47.32 53.43 68.65 93.57 59.49 60.43 62.12
Change - - 28.48% 36.31% -36.42% 1.58% 2.79%
Free Cash Flow (FCF) 1 1,908 1,490 1,522 1,728 1,387 1,579 1,572
Change - - 2.13% 13.53% -19.72% 13.84% -0.44%
Announcement Date 09/02/22 07/02/24 04/02/25 03/02/26 - - -
1EUR in Million
Estimates

Forecast Financial Ratios: Amundi

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 52.01% - - 49.84% 44.63% 51.63% 51.16% 50.35%
EBIT Margin (%) 52.12% 46.73% 46.75% 47.47% 47.88% 49.33% 48.47% 48.12%
EBT Margin (%) 51.75% 44.72% 47.16% 47.7% 59.73% 54.76% 51.07% 51.19%
Net margin (%) 42.73% 34.24% 36.36% 37.32% 46.59% 44.78% 40.22% 40.51%
FCF margin (%) 59.54% - 46.51% 43.51% 50.56% 37.74% 43.01% 41.86%
FCF / Net Income (%) 139.36% - 127.9% 116.6% 108.52% 84.29% 106.93% 103.35%

Profitability

        
ROA 4.76% - 3.6% 3.51% 3.51% 3.5% 3.44% 3.34%
ROE 13.45% - 10.4% 11.17% 10.98% 12.05% 11.97% 11.95%

Financial Health

        
Leverage (Debt/EBITDA) 0.7x - - 0.38x - - - -
Debt / Free cash flow 0.61x - 0.92x 0.44x - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 1.48% - 1.67% 1.96% 2.74% 1.62% 1.65% 1.65%
CAPEX / EBITDA (%) 2.84% - - 3.94% 6.14% 3.14% 3.22% 3.29%
CAPEX / FCF (%) 2.48% - 3.59% 4.51% 5.42% 4.29% 3.83% 3.95%

Items per share

        
Cash flow per share 1 9.641 - 7.558 7.766 8.858 9.298 10.25 7.95
Change - - - 2.75% 14.05% 4.97% 10.23% -22.43%
Dividend per Share 1 4.1 4.1 4.1 4.25 4.25 4.981 5.142 5.278
Change - 0% 0% 3.66% 0% 17.19% 3.23% 2.66%
Book Value Per Share 1 52.61 - 55.9 59 61.81 65.04 67.04 69.99
Change - - - 5.56% 4.75% 5.23% 3.07% 4.4%
EPS 1 6.75 5.28 5.71 6.37 7.74 8.055 7.314 7.556
Change - -21.78% 8.14% 11.56% 21.51% 4.07% -9.19% 3.3%
Nbr of stocks (in thousands) 202,433 203,604 203,350 204,461 203,768 201,581 201,581 201,581
Announcement Date 09/02/22 08/02/23 07/02/24 04/02/25 03/02/26 - - -
1EUR
Estimates
2026 *2027 *
P/E 11.1x 12.2x
PBR 1.38x 1.34x
EV / Sales 4.54x 4.42x
Yield 5.57% 5.74%

EPS & Dividend

EPS & Dividend - Amundi


Y-o-Y evolution of P/E

Valuation ratios - P/E - Amundi
 

Year-on-year evolution of the Yield

Valuation ratios - Yield - Amundi
Trader
Investor
Global
Quality
ESG MSCI
AA
Ratings Surperformance© - Amundi
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
89.50EUR
Average target price
95.49EUR
Spread / Average Target
+6.69%

Quarterly revenue - Rate of surprise

Rate of surprise - Net sales - Quarterly - Amundi