Valuation Azimut Holding S.p.A.

Equities

Market Closed - Borsa Italiana Other stock markets 16:45:00 13/02/2026 GMT			5-day change	1st Jan Change
34.40 ^EUR	-0.49%		-4.97%	-3.75%

02-13	DIARY - Italy to March 31	RE
02-12	Italian asset gatherers' managed inflows drop 27% y/y in January	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	2,457	3,446	2,911	3,271	3,397	4,890	4,890	-
Change	-	40.26%	-15.51%	12.37%	3.84%	43.95%	0%	-
Enterprise Value (EV) ¹	2,426	3,082	3,111	2,879	2,647	3,971	3,782	4,890
Change	-	27.04%	0.94%	-7.45%	-8.05%	50%	-4.76%	29.3%
P/E ratio	6.6x	5.75x	7.35x	8.92x	5.85x	9.91x	7.46x	9.03x
PBR	2.88x	2.96x	2.09x	2.11x	1.75x	2.31x	2.1x	1.9x
PEG	-	0.1x	-0.2x	-1.29x	0.1x	-0.6x	0.2x	-0.5x
Capitalization / Revenue	2.33x	2.38x	2.26x	2.49x	2.31x	3.54x	3.36x	3.26x
EV / Revenue	2.3x	2.13x	2.42x	2.19x	1.8x	2.87x	2.59x	3.26x
EV / EBITDA	4.99x	4.1x	5.31x	4.7x	3.83x	6.16x	5.59x	-
EV / EBIT	5.31x	4.36x	5.69x	4.9x	4.05x	6.29x	5.81x	6.95x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Dividend per Share ²	0.9857	1.281	1.281	1.38	1.75	1.835	1.886	1.964
Rate of return	5.55%	5.19%	6.12%	5.84%	7.29%	5.34%	5.48%	5.71%
EPS ²	2.691	4.289	2.849	2.651	4.1	3.471	4.613	3.808
Distribution rate	36.6%	29.9%	45%	52%	42.7%	52.9%	40.9%	51.6%
Net sales ¹	1,054	1,449	1,287	1,312	1,470	1,382	1,457	1,502
EBITDA ¹	485.7	751.6	585.9	612.9	690.5	644.5	676	-
EBIT ¹	456.6	706.8	546.6	587.4	653.2	631.2	650.9	703.9
Net income ¹	381.7	605.5	402.4	434.6	576.2	510	748.5	551.1
Net Debt ¹	-30.53	-363.5	199.8	-392.2	-749.5	-919	-1,108	-
Reference price ²	17.77	24.68	20.93	23.64	23.99	34.40	34.40	34.40
Nbr of stocks (in thousands)	138,244	139,610	139,095	138,386	141,598	142,152	142,152	-
Announcement Date	11/03/21	10/03/22	09/03/23	07/03/24	06/03/25	-	-	-

¹EUR in Million²EUR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
AZIMUT HOLDING S.P.A.	9.91x	2.87x	6.16x	5.34%	5.8B
BLACKROCK, INC.	26.93x	6.99x	17.33x	1.94%	166B
UBS GROUP AG	17.35x	-	-	2.45%	129B
BROOKFIELD ASSET MANAGEMENT LTD.	31.91x	15.57x	28.3x	3.34%	84.89B
BANK OF NEW YORK MELLON CORPORATION (THE)	16.11x	6.78x	-	1.7%	81.03B
3I GROUP PLC	5.43x	5.3x	5.39x	2.46%	47.67B
AMERIPRISE FINANCIAL, INC.	13.36x	1.83x	5.7x	1.3%	43.25B
STATE STREET CORPORATION	13.57x	5.36x	-	2.49%	35.71B
NORTHERN TRUST CORPORATION	16.92x	5.27x	18.08x	2.11%	27.28B
Average	16.83x	6.25x	13.49x	2.57%	69B
Weighted average by Cap.	20.25x	7.56x	16.84x	2.27%