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 18,178 - -
Change - -26.52% 16.08% 4.79% 9.6% 26.36% - -
Enterprise Value (EV) 1 15,857 10,791 13,903 13,789 14,212 16,868 16,405 15,927
Change - -31.95% 28.84% -0.82% 3.07% 18.68% -2.74% -2.91%
P/E 10.7x 10x 10.8x 10.1x 9.12x 12.3x 12.4x 11.9x
PBR 1.38x - 1.1x 1.09x 1.14x 1.42x 1.35x 1.3x
PEG - -0.5x 1.33x 0.9x 0.4x -2.07x -14.85x 2.99x
Capitalization / Revenue 4.58x 3.44x 3.91x 3.75x 4.21x 5.17x 5.09x 4.98x
EV / Revenue 4.95x 3.44x 4.34x 3.94x 4.16x 4.8x 4.6x 4.36x
EV / EBITDA 9.51x - - 7.91x 9.32x 9.4x 9.07x 8.64x
EV / EBIT 9.49x 7.36x 9.28x 8.31x 8.69x 9.95x 9.7x 9.22x
EV / FCF 8.31x - 9.33x 9.06x 8.23x 12x 10.9x 10.6x
FCF Yield 12% - 10.7% 11% 12.2% 8.34% 9.15% 9.43%
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% 5.26% 5.53% 5.71%
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 89.45 89.45 89.45
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.($)
11.99x4.7x9.28x5.36% 20.29B
20.53x7.16x14.03x4.21% 96.44B
25.46x10.49x16.11x0.84% 84.26B
19.55x5.66x13.11x4.63% 26.36B
17.63x1.81x6.98x3.87% 17.72B
12.85x4.06x11.36x3.27% 15.42B
11.99x9.22x - 10.25% 13.45B
37.83x21.18x30.51x2.1% 12.61B
79.58x6.09x19.38x1.4% 8.65B
Average 26.38x 7.82x 15.10x 3.99% 32.8B
Weighted average by Cap. 22.77x 7.99x 14.54x 3.4%

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