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 16,959 - -
Change - -26.52% 16.08% 4.79% 9.6% 17.88% - -
Enterprise Value (EV) 1 15,857 10,791 13,903 13,789 14,212 15,662 15,205 14,732
Change - -31.95% 28.84% -0.82% 3.07% 10.2% -2.91% -3.11%
P/E 10.7x 10x 10.8x 10.1x 9.12x 11.5x 11.6x 11.2x
PBR 1.38x - 1.1x 1.09x 1.14x 1.31x 1.25x 1.2x
PEG - -0.5x 1.33x 0.9x 0.4x -1.8x -14.27x 2.8x
Capitalization / Revenue 4.58x 3.44x 3.91x 3.75x 4.21x 4.86x 4.79x 4.69x
EV / Revenue 4.95x 3.44x 4.34x 3.94x 4.16x 4.49x 4.3x 4.07x
EV / EBITDA 9.51x - - 7.91x 9.32x 8.88x 8.58x 8.15x
EV / EBIT 9.49x 7.36x 9.28x 8.31x 8.69x 9.35x 9.12x 8.6x
EV / FCF 8.31x - 9.33x 9.06x 8.23x 11.5x 10.4x 10.1x
FCF Yield 12% - 10.7% 11% 12.2% 8.72% 9.58% 9.9%
Dividend per Share 2 4.1 4.1 4.1 4.25 4.25 4.665 4.913 5.056
Rate of return 5.65% 7.74% 6.66% 6.62% 6.02% 5.59% 5.89% 6.06%
EPS 2 6.75 5.28 5.71 6.37 7.74 7.246 7.187 7.474
Distribution rate 60.7% 77.7% 71.8% 66.7% 54.9% 64.4% 68.4% 67.6%
Net sales 1 3,204 3,137 3,204 3,497 3,417 3,489 3,538 3,619
EBITDA 1 1,667 - - 1,743 1,525 1,763 1,773 1,808
EBIT 1 1,670 1,466 1,498 1,660 1,636 1,675 1,667 1,713
Net income 1 1,369 1,074 1,165 1,305 1,592 1,444 1,442 1,497
Net Debt 1 1,170 - 1,376 662.9 -173.8 -1,297 -1,754 -2,226
Reference price 2 72.55 53.00 61.60 64.20 70.60 83.45 83.45 83.45
Nbr of stocks (in thousands) 202,433 203,604 203,350 204,461 203,768 203,222 - -
Announcement Date 2/9/22 A 2/8/23 A 2/7/24 A 2/4/25 A 2/3/26 A - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.52x4.49x8.88x5.59% 19.45B
20.72x7.15x13.71x4.18% 97.24B
26.87x8.59x13.37x0.81% 87.1B
21.61x6.23x14.43x4.19% 29.17B
17.08x1.87x7.15x3.99% 17.17B
12.59x4.17x11.81x3.12% 16.13B
11.56x9.05x - 10.65% 12.95B
36.62x20.51x29.6x2.17% 12.35B
79.32x6.29x19.72x1.4% 8.64B
Average 26.43x 7.59x 14.83x 4.01% 33.35B
Weighted average by Cap. 23.29x 7.45x 13.72x 3.34%

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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