AMUN Stock Analysis: | PA
Asset Management | PA, France | Market Cap: 18.410m EUR | 12M Return: 46.8% | FR0004125920 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 15.9M
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. (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: 2.59b 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 September 27, 2026, the stock is trading at EUR 91.25 with a total of 112,720 shares traded. Over the past week, the price has changed by -0.44%, over one month by -3.23%, over three months by +9.74% and over the past year by +46.75%.
Current recommended Stop Loss: 88.50 (which is 3% or 1.6 ATR below the current price).
has no consensus analysts rating.
P/E Trailing = 13.9058
P/E Forward = 12.6582
P/S = 2.5619
P/B = 1.4957
P/EG = 7.0297
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 = 35.4b EUR (18.4b + Debt 19.9b - CCE 2.93b)
Interest Coverage Ratio = 8.17 (Ebit TTM 2.39b / Interest Expense TTM 292.1m)
EV/FCF = 20.50x (Enterprise Value 35.4b / FCF TTM 1.73b)
FCF Yield = 4.88% (FCF TTM 1.73b / Enterprise Value 35.4b)
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 = 0.89 (Enterprise Value 35.4b / 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(18.4b)/V(38.3b) * Re(7.47%) + D(19.9b)/V(38.3b) * Rd(1.47%) * (1-Tc(0.27)))
Discount Rate = 7.47% (= 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)