Company Valuation: Universal Music Group N.V.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 44,935 40,812 47,011 45,215 38,164 38,164 -
Change - -9.18% 15.19% -3.82% -15.59% 0% -
Enterprise Value (EV) 1 46,945 42,622 48,700 47,313 40,435 40,050 39,626
Change - -9.21% 14.26% -2.85% -14.54% -0.95% -1.06%
P/E ratio 50.6x 52.3x 38x 21.9x 19.6x 21.2x 19.7x
PBR 22.1x 17.4x 15.9x 9.99x 7.15x 6.26x 5.45x
PEG - -4.3x 0.7x 0.3x -3.32x -2.78x 2.68x
Capitalization / Revenue 5.28x 3.95x 4.23x 3.82x 3.09x 2.87x 2.69x
EV / Revenue 5.52x 4.12x 4.38x 4x 3.28x 3.01x 2.79x
EV / EBITDA 26.3x 20x 20.6x 17.8x 14.5x 13x 11.6x
EV / EBIT 33.6x 26.6x 34.3x 26.7x 19.8x 16.7x 15x
EV / FCF 43.5x 26x 27.6x 43.7x 28.1x 20.8x 20.4x
FCF Yield 2.3% 3.85% 3.62% 2.29% 3.56% 4.81% 4.9%
Dividend per Share 2 0.4 0.51 0.51 0.52 0.5499 0.5839 0.6368
Rate of return 1.61% 2.27% 1.98% 2.1% 2.64% 2.81% 3.06%
EPS 2 0.49 0.43 0.68 1.13 1.063 0.9823 1.054
Distribution rate 81.6% 119% 75% 46% 51.7% 59.4% 60.4%
Net sales 1 8,504 10,340 11,108 11,834 12,338 13,285 14,204
EBITDA 1 1,788 2,135 2,369 2,661 2,779 3,085 3,403
EBIT 1 1,399 1,600 1,418 1,775 2,037 2,396 2,648
Net income 1 886 782 1,259 2,086 2,000 1,873 2,028
Net Debt 1 2,010 1,810 1,689 2,098 2,271 1,885 1,462
Reference price 2 24.78 22.51 25.81 24.72 20.81 20.81 20.81
Nbr of stocks (in thousands) 1,813,376 1,813,046 1,821,431 1,829,067 1,833,946 1,833,946 -
Announcement Date 3/3/22 3/2/23 2/28/24 3/6/25 - - -
1EUR in Million2EUR
Estimates

P/E ratio, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
19.57x3.28x14.55x2.64% 44.78B
426.09x5.85x77.21x0.17% 10.65B
12.22x2.79x13.12x-.--% 4.88B
8.02x1.78x9.14x1.14% 1.76B
15.16x2.54x12.03x0.92% 1.56B
11.05x0.08x1.03x - 73.08M
Average 82.02x 2.72x 21.18x 0.97% 10.62B
Weighted average by Cap. 86.53x 3.61x 24.69x 1.94%
See all sector valuations

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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