AMUN Stock Analysis: | PA
Asset Management | PA, France | Market Cap: 17.237m EUR | 12M Return: 28.6% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 13.9M
EPS Trend: 93.9%
Qual. Beats: 3
Rev. Trend: 66.0%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
Average return per month, with how dependable it is below — did the month move the same way every year (high) or randomly (low). Above 60 is a pattern worth trusting; under 40 is noise.
Amundi S.A. (AMUN) is a publicly owned investment manager headquartered in Paris, France, and operates as a subsidiary of Credit Agricole S.A. Founded in 1982, the firm is one of the largest asset managers in Europe, serving as a key distribution and investment platform for its parent banking group. The companys revenue model is primarily based on management and performance fees charged on client assets under management (AUM), a structure common across the asset management industry.
The firm distributes retail products through quasi-exclusive agreements with the retail banking networks of the Crédit Agricole and Société Générale groups in France, while expanding internationally via partner networks, joint ventures, and third-party distributors across Europe and Asia. Beyond retail, Amundi provides management and advisory services to institutional clients such as pension funds, insurers, and sovereign entities, and offers treasury management and employee savings solutions to corporate customers.
Amundis operations span 30 countries, supported by a combination of global relationship managers and local sales and marketing teams. Its preferred investment range targets companies with enterprise values between approximately $1.31 million and $53.89 million and sales between $13.09 million and $392.78 million, suggesting a mid-market focus within its private investment activities. The firm competes within the European asset management sector alongside other major players such as BNP Paribas Asset Management, Natixis Investment Managers, and Allianz Global Investors.
- Equity markets lift AUM and management fees
- Crédit Agricole and Société Générale networks drive retail inflows
- ECB rate cuts squeeze money market fund
| Net Income: 2.14b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 0.49 > 1.0 |
| NWC/Revenue: 15.03% < 20% (prev -211.4%; Δ 226.4% < -1%) |
| CFO/TA 0.05 > 3% & CFO 1.82b > Net Income 2.14b |
| Net Debt (-1.83b) to EBITDA (2.05b): -0.89 < 3 |
| Current Ratio: 1.22 > 1.5 & < 3 |
| Outstanding Shares: last quarter (198.3m) vs 12m ago -3.11% < -2% |
| Gross Margin: 54.52% > 18% (prev 52.68%; Δ 1.84% > 0.5%) |
| Asset Turnover: 19.53% > 50% (prev 21.38%; Δ -1.85% > 0%) |
| Interest Coverage Ratio: 7.73 > 6 (EBIT TTM 1.94b / Interest Expense TTM 251.2m) |
| A: 0.03 (Total Current Assets 6.37b - Total Current Liabilities 5.24b) / Total Assets 38.7b |
| B: 0.04 (Retained Earnings 1.59b / Total Assets 38.7b) |
| C: 0.05 (EBIT TTM 1.94b / Avg Total Assets 38.5b) |
| D: 0.49 (Book Value of Equity 12.7b / Total Liabilities 26.0b) |
| Altman-Z'' = 1.17 = BB |
| DSRI: 1.26 (Receivables 1.86b/1.60b, Revenue 7.52b/8.19b) |
| GMI: 0.97 (GM 52.68% / 54.52%) |
| AQI: 0.99 (AQ_t 0.83 / AQ_t-1 0.83) |
| SGI: 0.92 (Revenue 7.52b / 8.19b) |
| TATA: 0.01 (NI 2.14b - CFO 1.82b) / TA 38.7b) |
| Beneish M = -2.90 (Cap -4..+1) = A |
As of July 01, 2026, the stock is trading at EUR 83.95 with a total of 157,324 shares traded. Over the past week, the price has changed by -1.24%, over one month by +5.19%, over three months by +20.47% and over the past year by +28.62%.
Current recommended Stop Loss: 81.90 (which is 2.4% or 1.3 ATR below the current price).
has no consensus analysts rating.
P/E Trailing = 10.9819
P/E Forward = 12.1803
P/S = 2.5057
P/B = 1.3532
P/EG = 6.7701
Revenue TTM = 7.52b EUR
EBIT TTM = 1.94b EUR
EBITDA TTM = 2.05b EUR
Long Term Debt = 1.35b EUR (from longTermDebt, last quarter)
Short Term Debt = 425.3m EUR (from shortTermDebt, last quarter)
Debt = 2.32b EUR (from shortLongTermDebtTotal, last quarter) + Leases 295.4m
Net Debt = -1.83b EUR (calculated: Debt 2.32b - CCE 4.14b)
Enterprise Value = 15.4b EUR (17.2b + Debt 2.32b - CCE 4.14b)
Interest Coverage Ratio = 7.73 (Ebit TTM 1.94b / Interest Expense TTM 251.2m)
EV/FCF = 8.92x (Enterprise Value 15.4b / FCF TTM 1.73b)
FCF Yield = 11.21% (FCF TTM 1.73b / Enterprise Value 15.4b)
FCF Margin = 22.96% (FCF TTM 1.73b / Revenue TTM 7.52b)
Net Margin = 28.50% (Net Income TTM 2.14b / Revenue TTM 7.52b)
Gross Margin = 54.52% ((Revenue TTM 7.52b - Cost of Revenue TTM 3.42b) / Revenue TTM)
Gross Margin QoQ = 32.53% (prev none%)
Tobins Q-Ratio = 0.40 (Enterprise Value 15.4b / Total Assets 38.7b)
Interest Expense / Debt = 10.85% (Interest Expense 251.2m / Debt 2.32b)
Taxrate = 38.96% (922.6m / 2.37b)
NOPAT = 1.19b (EBIT 1.94b * (1 - 38.96%))
Current Ratio = 1.22 (Total Current Assets 6.37b / Total Current Liabilities 5.24b)
Debt / Equity = 0.18 (Debt 2.32b / totalStockholderEquity, last quarter 12.7b)
Debt / EBITDA = -0.89 (Net Debt -1.83b / EBITDA 2.05b)
Debt / FCF = -1.06 (Net Debt -1.83b / FCF TTM 1.73b)
Total Stockholder Equity = 12.2b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.57% (Net Income 2.14b / Total Assets 38.7b)
RoE = 17.61% (Net Income TTM 2.14b / Total Stockholder Equity 12.2b)
RoCE = 14.36% (EBIT 1.94b / Capital Employed (Equity 12.2b + L.T.Debt 1.35b))
RoIC = 3.53% (NOPAT 1.19b / Invested Capital 33.6b)
WACC = 7.25% (E(17.2b)/V(19.6b) * Re(7.33%) + D(2.32b)/V(19.6b) * Rd(10.85%) * (1-Tc(0.39)))
Discount Rate = 7.33% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 2.27 | Cagr: -0.94%
[DCF] Terminal Value 77.74% ; FCFF base≈1.65b ; Y1≈1.86b ; Y5≈2.65b
[DCF] Fair Price = 206.6 (EV 40.1b - Net Debt -1.83b = Equity 41.9b / Shares 202.8m; r=8.35% [WACC [floored]]; 5y FCF grow 13.53% → 2.50% )
EPS Correlation: 93.93 | EPS CAGR: 5.22% | SUE: 2.32 | # QB: 3
Revenue Correlation: 66.03 | Revenue CAGR: 20.16% | SUE: 2.22 | # QB: 1
EPS next Quarter (2026-09-30): EPS=1.84 | Chg30d=+0.73% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=7.19 | Chg30d=+0.31% | Revisions=+73% | GrowthEPS=+9.3% | GrowthRev=+2.4%
EPS next Year (2027-12-31): EPS=7.62 | Chg30d=+0.38% | Revisions=+12% | GrowthEPS=+6.0% | GrowthRev=+1.4%
[Analyst] Revisions Ratio: +73%