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 18,979 - -
Change - -26.52% 16.08% 4.79% 9.6% 31.93% - -
Enterprise Value (EV) 1 15,857 10,791 13,903 13,789 14,212 17,635 17,156 16,662
Change - -31.95% 28.84% -0.82% 3.07% 24.08% -2.72% -2.88%
P/E 10.7x 10x 10.8x 10.1x 9.12x 11.7x 12.8x 12.5x
PBR 1.38x - 1.1x 1.09x 1.14x 1.45x 1.4x 1.35x
PEG - -0.5x 1.33x 0.9x 0.4x 2.89x -1.43x 4.15x
Capitalization / Revenue 4.58x 3.44x 3.91x 3.75x 4.21x 5.19x 5.18x 5.06x
EV / Revenue 4.95x 3.44x 4.34x 3.94x 4.16x 4.82x 4.68x 4.44x
EV / EBITDA 9.51x - - 7.91x 9.32x 9.47x 9.25x 8.85x
EV / EBIT 9.49x 7.36x 9.28x 8.31x 8.69x 9.86x 9.74x 9.26x
EV / FCF 8.31x - 9.33x 9.06x 8.23x 12.7x 10.9x 10.6x
FCF Yield 12% - 10.7% 11% 12.2% 7.86% 9.2% 9.43%
Dividend per Share 2 4.1 4.1 4.1 4.25 4.25 4.884 5.079 5.226
Rate of return 5.65% 7.74% 6.66% 6.62% 6.02% 5.19% 5.39% 5.55%
EPS 2 6.75 5.28 5.71 6.37 7.74 8.054 7.332 7.554
Distribution rate 60.7% 77.7% 71.8% 66.7% 54.9% 60.6% 69.3% 69.2%
Net sales 1 3,204 3,137 3,204 3,497 3,417 3,660 3,665 3,751
EBITDA 1 1,667 - - 1,743 1,525 1,862 1,855 1,883
EBIT 1 1,670 1,466 1,498 1,660 1,636 1,789 1,761 1,799
Net income 1 1,369 1,074 1,165 1,305 1,592 1,645 1,481 1,521
Net Debt 1 1,170 - 1,376 662.9 -173.8 -1,344 -1,823 -2,317
Reference price 2 72.55 53.00 61.60 64.20 70.60 94.15 94.15 94.15
Nbr of stocks (in thousands) 202,433 203,604 203,350 204,461 203,768 201,581 - -
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11.69x4.82x9.47x5.19% 22.16B
23.82x8.22x15.77x3.6% 115B
17.83x13.97x28.59x0.72% 97.38B
24.13x - - 3.84% 32.13B
15.24x4.69x12.94x2.84% 17.59B
17.37x1.84x7.04x3.84% 17.43B
15.17x9.58x - 9.64% 14.3B
33.11x18.84x25.88x - 11.7B
34.52x18.91x27.43x2.3% 11.69B
Average 21.43x 10.11x 18.16x 4% 37.67B
Weighted average by Cap. 20.88x 10.11x 19.74x 3.06%

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