AMUN Stock Analysis: | PA
Asset Management | PA, France | Market Cap: 18.460m EUR | 12M Return: 36.2% | FR0004125920 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 13.8M
EPS Trend: 91.0%
Qual. Beats: 4
Rev. Trend: 71.1%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 10.9 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Amundi S.A. is a publicly traded investment manager headquartered in Paris, France, founded in 1982 and operating as a subsidiary of Crédit Agricole S.A. The firm provides asset management products and services across retail, institutional, and corporate client segments, with a presence in 30 countries.
Its retail offering is distributed primarily through long-standing agreements with the Crédit Agricole and Société Générale retail banking networks in France, supplemented by international partner networks, joint ventures, and third-party distributors in Europe and Asia. On the institutional side, Amundi delivers management and advisory services to pension funds, insurers, and sovereign entities, while also providing treasury management and employee savings solutions to corporate clients.
As a large-cap listed in the Financials sector under the GICS Asset Management & Custody Banks sub-industry, Amundis revenue model is based on asset management fees tied to assets under management, a structure common to publicly listed asset managers that exposes earnings to market-driven fluctuations in portfolio valuations.
- Lyxor ETF integration drives fee-based revenue growth
- ECB rate cuts pressure money market fund margins
- Retail distribution agreements with Crédit Agricole and Société Générale anchor inflows
| Net Income: 2.59b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA 0.47 > 1.0 |
| NWC/Revenue: 121.0% < 20% (prev 259.3%; Δ -138.3% < -1%) |
| CFO/TA 0.05 > 3% & CFO 1.82b > Net Income 2.59b |
| Net Debt (17.0b) to EBITDA (2.50b): 6.81 < 3 |
| Current Ratio: 2.68 > 1.5 & < 3 |
| Outstanding Shares: last quarter (201.6m) vs 12m ago -1.50% < -2% |
| Gross Margin: 67.07% > 18% (prev 52.71%; Δ 14.37% > 0.5%) |
| Asset Turnover: 26.38% > 50% (prev 21.13%; Δ 5.25% > 0%) |
| Interest Coverage Ratio: 8.17 > 6 (EBIT TTM 2.39b / Interest Expense TTM 292.1m) |
| A: 0.32 (Total Current Assets 20.1b - Total Current Liabilities 7.50b) / Total Assets 39.6b |
| B: 0.02 (Retained Earnings 752.9m / Total Assets 39.6b) |
| C: 0.06 (EBIT TTM 2.39b / Avg Total Assets 39.4b) |
| D: 0.46 (Book Value of Equity 12.5b / Total Liabilities 27.1b) |
| Altman-Z'' = 3.03 = A |
| DSRI: 0.73 (Receivables 678.7m/743.6m, Revenue 10.4b/8.28b) |
| GMI: 0.79 (GM 52.71% / 67.07%) |
| AQI: 1.76 (AQ_t 0.48 / AQ_t-1 0.28) |
| SGI: 1.26 (Revenue 10.4b / 8.28b) |
| TATA: 0.02 (NI 2.59b - CFO 1.82b) / TA 39.6b) |
| Beneish M = -2.81 (Cap -4..+1) = A |
As of October 05, 2026, the stock is trading at EUR 88.95 with a total of 174,332 shares traded. Over the past week, the price has changed by -2.52%, over one month by -5.87%, over three months by +3.37% and over the past year by +36.18%.
Current recommended Stop Loss: 84.80 (which is 4.7% or 2.2 ATR below the current price).
has no consensus analysts rating.
P/E Trailing = 13.9438
P/E Forward = 12.5156
P/S = 2.5689
P/B = 1.4795
P/EG = 6.9539
Revenue TTM = 10.4b EUR
EBIT TTM = 2.39b EUR
EBITDA TTM = 2.50b EUR
Long Term Debt = 313.2m EUR (from longTermDebt, last quarter)
Short Term Debt = 172.8m EUR (from shortTermDebt, last quarter)
Debt = 19.9b EUR (from shortLongTermDebtTotal, last quarter) + Leases 373.6m
Net Debt = 17.0b EUR (calculated: Debt 19.9b - CCE 2.93b)
Enterprise Value = 35.5b EUR (18.5b + Debt 19.9b - CCE 2.93b)
Interest Coverage Ratio = 8.17 (Ebit TTM 2.39b / Interest Expense TTM 292.1m)
EV/FCF = 20.53x (Enterprise Value 35.5b / FCF TTM 1.73b)
FCF Yield = 4.87% (FCF TTM 1.73b / Enterprise Value 35.5b)
FCF Margin = 16.63% (FCF TTM 1.73b / Revenue TTM 10.4b)
Net Margin = 24.96% (Net Income TTM 2.59b / Revenue TTM 10.4b)
Gross Margin = 67.07% ((Revenue TTM 10.4b - Cost of Revenue TTM 3.42b) / Revenue TTM)
Gross Margin QoQ = 46.19% (prev 32.53%)
Tobins Q-Ratio = 0.90 (Enterprise Value 35.5b / Total Assets 39.6b)
Interest Expense / Debt = 1.47% (Interest Expense 292.1m / Debt 19.9b)
Taxrate = 27.04% (279.6m / 1.03b)
NOPAT = 1.74b (EBIT 2.39b * (1 - 27.04%))
Current Ratio = 2.68 (Total Current Assets 20.1b / Total Current Liabilities 7.50b)
Debt / Equity = 1.60 (Debt 19.9b / totalStockholderEquity, last quarter 12.5b)
Debt / EBITDA = 6.81 (Net Debt 17.0b / EBITDA 2.50b)
Debt / FCF = 9.84 (Net Debt 17.0b / FCF TTM 1.73b)
Total Stockholder Equity = 12.3b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.58% (Net Income 2.59b / Total Assets 39.6b)
RoE = 21.10% (Net Income TTM 2.59b / Total Stockholder Equity 12.3b)
RoCE = 18.92% (EBIT 2.39b / Capital Employed (Equity 12.3b + L.T.Debt 313.2m))
RoIC = 5.48% (NOPAT 1.74b / Invested Capital 31.8b)
WACC = 4.14% (E(18.5b)/V(38.4b) * Re(7.45%) + D(19.9b)/V(38.4b) * Rd(1.47%) * (1-Tc(0.27)))
Discount Rate = 7.45% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -23.22 | Cagr: -0.62%
[DCF] Terminal Value 77.74% ; FCFF base≈1.65b ; Y1≈1.86b ; Y5≈2.65b
[DCF] Fair Price = 114.6 (EV 40.1b - Net Debt 17.0b = Equity 23.1b / Shares 201.2m; r=8.35% [WACC [floored]]; 5y FCF grow 13.53% → 2.50% )
EPS Correlation: 90.98 | EPS CAGR: 6.10% | SUE: 2.29 | # QB: 4
Revenue Correlation: 71.15 | Revenue CAGR: 24.77% | SUE: 1.63 | # QB: 2
EPS current Quarter (2026-09-30): EPS=1.97 | Chg30d=+7.03% | Revisions=+40% | Analysts=2
EPS current Year (2026-12-31): EPS=7.56 | Chg30d=+1.31% | Revisions=+38% | GrowthEPS=+14.8% | GrowthRev=+7.5%
EPS next Year (2027-12-31): EPS=7.88 | Chg30d=+0.72% | Revisions=+38% | GrowthEPS=+4.3% | GrowthRev=-0.2%
[Analyst] Revisions Ratio: +53% (up=10, down=2)