Company Valuation: Universal Music Group N.V.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 44,935 40,812 47,011 45,215 36,138 36,138 -
Change - -9.18% 15.19% -3.82% -20.07% 0% -
Enterprise Value (EV) 1 46,945 42,622 48,700 47,313 38,418 38,048 37,831
Change - -9.21% 14.26% -2.85% -18.8% -0.96% -0.57%
P/E ratio 50.6x 52.3x 38x 21.9x 18.9x 20.5x 18.9x
PBR 22.1x 17.4x 15.9x 9.99x 6.77x 5.94x 5.16x
PEG - -4.3x 0.7x 0.3x -2.46x -2.66x 2.23x
Capitalization / Revenue 5.28x 3.95x 4.23x 3.82x 2.93x 2.73x 2.55x
EV / Revenue 5.52x 4.12x 4.38x 4x 3.12x 2.87x 2.67x
EV / EBITDA 26.3x 20x 20.6x 17.8x 13.9x 12.4x 11.2x
EV / EBIT 33.6x 26.6x 34.3x 26.7x 18.8x 15.9x 14.3x
EV / FCF 43.5x 26x 27.6x 43.7x 26.7x 19.7x 19.5x
FCF Yield 2.3% 3.85% 3.62% 2.29% 3.75% 5.06% 5.14%
Dividend per Share 2 0.4 0.51 0.51 0.52 0.5506 0.5839 0.6336
Rate of return 1.61% 2.27% 1.98% 2.1% 2.79% 2.96% 3.22%
EPS 2 0.49 0.43 0.68 1.13 1.043 0.963 1.045
Distribution rate 81.6% 119% 75% 46% 52.8% 60.6% 60.6%
Net sales 1 8,504 10,340 11,108 11,834 12,323 13,244 14,159
EBITDA 1 1,788 2,135 2,369 2,661 2,773 3,071 3,387
EBIT 1 1,399 1,600 1,418 1,775 2,042 2,387 2,648
Net income 1 886 782 1,259 2,086 2,000 1,873 2,028
Net Debt 1 2,010 1,810 1,689 2,098 2,280 1,910 1,693
Reference price 2 24.78 22.51 25.81 24.72 19.70 19.70 19.70
Nbr of stocks (in thousands) 1,813,376 1,813,046 1,821,431 1,829,067 1,833,946 1,833,946 -
Announcement Date 03/03/22 02/03/23 28/02/24 06/03/25 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.89x3.12x13.86x2.79% 42.69B
417.9x5.63x75.47x0.17% 10.39B
11.87x2.66x12.54x-.--% 4.75B
7.43x1.62x8.28x1.23% 1.65B
14.74x2.49x11.73x0.94% 1.55B
11.26x0.09x1.11x - 75.15M
-3.12x - - - 58.54M
Average 68.42x 2.60x 20.50x 1.03% 8.74B
Weighted average by Cap. 85.68x 3.45x 24.01x 2.04%
See all sector valuations

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

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