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 19,513 - -
Change - -26.52% 16.08% 4.79% 9.6% 35.64% - -
Enterprise Value (EV) 1 15,857 10,791 13,903 13,789 14,212 18,169 17,690 17,196
Change - -31.95% 28.84% -0.82% 3.07% 27.84% -2.64% -2.79%
P/E 10.7x 10x 10.8x 10.1x 9.12x 12.1x 13x 12.6x
PBR 1.38x - 1.1x 1.09x 1.14x 1.49x 1.44x 1.39x
PEG - -0.5x 1.33x 0.9x 0.4x 3.5x -1.85x 4.36x
Capitalization / Revenue 4.58x 3.44x 3.91x 3.75x 4.21x 5.35x 5.36x 5.25x
EV / Revenue 4.95x 3.44x 4.34x 3.94x 4.16x 4.98x 4.86x 4.63x
EV / EBITDA 9.51x - - 7.91x 9.32x 9.83x 9.62x 9.23x
EV / EBIT 9.49x 7.36x 9.28x 8.31x 8.69x 10.3x 10.2x 9.75x
EV / FCF 8.31x - 9.33x 9.06x 8.23x 13.1x 11.2x 10.9x
FCF Yield 12% - 10.7% 11% 12.2% 7.63% 8.93% 9.14%
Dividend per Share 2 4.1 4.1 4.1 4.25 4.25 4.787 5.039 5.176
Rate of return 5.65% 7.74% 6.66% 6.62% 6.02% 4.95% 5.21% 5.35%
EPS 2 6.75 5.28 5.71 6.37 7.74 8.008 7.444 7.659
Distribution rate 60.7% 77.7% 71.8% 66.7% 54.9% 59.8% 67.7% 67.6%
Net sales 1 3,204 3,137 3,204 3,497 3,417 3,650 3,638 3,716
EBITDA 1 1,667 - - 1,743 1,525 1,848 1,838 1,862
EBIT 1 1,670 1,466 1,498 1,660 1,636 1,762 1,734 1,763
Net income 1 1,369 1,074 1,165 1,305 1,592 1,634 1,507 1,546
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 96.80 96.80 96.80
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.6x7.83x15.02x3.79% 109B
20.54x13.81x24.46x0.74% 94.85B
23.88x - - 3.88% 31.52B
12.22x5.02x14.17x2.82% 17.94B
18.42x1.88x7.2x3.77% 17.74B
14.71x9.44x - 9.94% 13.87B
34.58x19.73x27.1x - 12.29B
33.89x18.52x26.87x2.34% 11.55B
Average 22.60x 10.89x 19.14x 3.9% 38.57B
Weighted average by Cap. 21.80x 10.37x 18.92x 3%

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