UNIVERSAL MUSIC GROUP NV (UMG.AS) Fundamental Analysis & Valuation

AMS:UMG • NL0015000IY2

Current stock price

15.63 EUR
-0.03 (-0.22%)
Last:

This UMG.AS fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

6

1. UMG.AS Profitability Analysis

1.1 Basic Checks

  • In the past year UMG was profitable.
  • In the past year UMG had a positive cash flow from operations.
  • In the past 5 years UMG has always been profitable.
  • UMG had a positive operating cash flow in each of the past 5 years.
UMG.AS Yearly Net Income VS EBIT VS OCF VS FCFUMG.AS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B

1.2 Ratios

  • With an excellent Return On Assets value of 8.38%, UMG belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.
  • UMG's Return On Equity of 31.43% is amongst the best of the industry. UMG outperforms 91.11% of its industry peers.
  • UMG has a better Return On Invested Capital (13.14%) than 82.22% of its industry peers.
Industry RankSector Rank
ROA 8.38%
ROE 31.43%
ROIC 13.14%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
UMG.AS Yearly ROA, ROE, ROICUMG.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 2025 20 40 60 80

1.3 Margins

  • UMG has a better Profit Margin (12.26%) than 75.56% of its industry peers.
  • UMG's Profit Margin has declined in the last couple of years.
  • UMG has a Operating Margin of 15.98%. This is amongst the best in the industry. UMG outperforms 86.67% of its industry peers.
  • In the last couple of years the Operating Margin of UMG has remained more or less at the same level.
  • UMG has a worse Gross Margin (42.46%) than 60.00% of its industry peers.
  • In the last couple of years the Gross Margin of UMG has declined.
Industry RankSector Rank
OM 15.98%
PM (TTM) 12.26%
GM 42.46%
OM growth 3Y1.07%
OM growth 5Y-1.02%
PM growth 3Y17.46%
PM growth 5Y-7.78%
GM growth 3Y-1.45%
GM growth 5Y-2.13%
UMG.AS Yearly Profit, Operating, Gross MarginsUMG.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. UMG.AS Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so UMG is creating value.
  • UMG has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
UMG.AS Yearly Shares OutstandingUMG.AS Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B
UMG.AS Yearly Total Debt VS Total AssetsUMG.AS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

2.2 Solvency

  • UMG has an Altman-Z score of -0.03. This is a bad value and indicates that UMG is not financially healthy and even has some risk of bankruptcy.
  • UMG has a worse Altman-Z score (-0.03) than 66.67% of its industry peers.
  • The Debt to FCF ratio of UMG is 2.24, which is a good value as it means it would take UMG, 2.24 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 2.24, UMG is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
  • A Debt/Equity ratio of 0.54 indicates that UMG is somewhat dependend on debt financing.
  • UMG's Debt to Equity ratio of 0.54 is in line compared to the rest of the industry. UMG outperforms 55.56% of its industry peers.
  • Even though the debt/equity ratio score it not favorable for UMG, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
Industry RankSector Rank
Debt/Equity 0.54
Debt/FCF 2.24
Altman-Z -0.03
ROIC/WACC1.85
WACC7.09%
UMG.AS Yearly LT Debt VS Equity VS FCFUMG.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

2.3 Liquidity

  • A Current Ratio of 0.63 indicates that UMG may have some problems paying its short term obligations.
  • UMG has a Current ratio of 0.63. This is in the lower half of the industry: UMG underperforms 62.22% of its industry peers.
  • UMG has a Quick Ratio of 0.63. This is a bad value and indicates that UMG is not financially healthy enough and could expect problems in meeting its short term obligations.
  • UMG has a Quick ratio of 0.60. This is in the lower half of the industry: UMG underperforms 62.22% of its industry peers.
Industry RankSector Rank
Current Ratio 0.63
Quick Ratio 0.6
UMG.AS Yearly Current Assets VS Current LiabilitesUMG.AS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. UMG.AS Growth Analysis

3.1 Past

  • UMG shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.29%.
  • The Earnings Per Share has been growing slightly by 2.05% on average over the past years.
  • The Revenue has been growing slightly by 5.69% in the past year.
  • The Revenue has been growing by 10.97% on average over the past years. This is quite good.
EPS 1Y (TTM)7.29%
EPS 3Y24.51%
EPS 5Y2.05%
EPS Q2Q%5.77%
Revenue 1Y (TTM)5.69%
Revenue growth 3Y6.55%
Revenue growth 5Y10.97%
Sales Q2Q%5.04%

3.2 Future

  • The Earnings Per Share is expected to grow by 9.47% on average over the next years. This is quite good.
  • UMG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.65% yearly.
EPS Next Y7.28%
EPS Next 2Y8.92%
EPS Next 3Y6.3%
EPS Next 5Y9.47%
Revenue Next Year7.35%
Revenue Next 2Y7.19%
Revenue Next 3Y6.84%
Revenue Next 5Y6.65%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
UMG.AS Yearly Revenue VS EstimatesUMG.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B
UMG.AS Yearly EPS VS EstimatesUMG.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0.5 1 1.5

More info and screens

Find the best growth stocksShow best growing peers

5

4. UMG.AS Valuation Analysis

4.1 Price/Earnings Ratio

  • UMG is valuated correctly with a Price/Earnings ratio of 15.17.
  • Based on the Price/Earnings ratio, UMG is valued cheaper than 86.67% of the companies in the same industry.
  • UMG's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.61.
  • With a Price/Forward Earnings ratio of 14.18, UMG is valued correctly.
  • 77.78% of the companies in the same industry are more expensive than UMG, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 22.79, UMG is valued a bit cheaper.
Industry RankSector Rank
PE 15.17
Fwd PE 14.18
UMG.AS Price Earnings VS Forward Price EarningsUMG.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • UMG's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. UMG is cheaper than 73.33% of the companies in the same industry.
Industry RankSector Rank
P/FCF 17.18
EV/EBITDA N/A
UMG.AS Per share dataUMG.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates UMG does not grow enough to justify the current Price/Earnings ratio.
  • UMG has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.09
PEG (5Y)7.41
EPS Next 2Y8.92%
EPS Next 3Y6.3%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. UMG.AS Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 3.21%, UMG has a reasonable but not impressive dividend return.
  • In the last 3 months the price of UMG has falen by -28.89%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
  • Compared to an average industry Dividend Yield of 1.06, UMG pays a better dividend. On top of this UMG pays more dividend than 91.11% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.89, UMG pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.21%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years3
UMG.AS Yearly Dividends per shareUMG.AS Yearly Dividends per shareYearly Dividends per share 2021 2022 2023 2024 2025 0.1 0.2 0.3 0.4 0.5

5.3 Sustainability

  • 62.17% of the earnings are spent on dividend by UMG. This is not a sustainable payout ratio.
DP62.17%
EPS Next 2Y8.92%
EPS Next 3Y6.3%
UMG.AS Yearly Income VS Free CF VS DividendUMG.AS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B 2B
UMG.AS Dividend Payout.UMG.AS Dividend Payout, showing the Payout Ratio.UMG.AS Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

UMG.AS Fundamentals: All Metrics, Ratios and Statistics

UNIVERSAL MUSIC GROUP NV

AMS:UMG (3/26/2026, 1:33:11 PM)

15.63

-0.03 (-0.22%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)03-05
Earnings (Next)04-27
Inst Owners37.86%
Inst Owner ChangeN/A
Ins Owners18.51%
Ins Owner ChangeN/A
Market Cap28.67B
Revenue(TTM)12.51B
Net Income(TTM)1.53B
Analysts76.3
Price Target28.28 (80.93%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.21%
Yearly Dividend0.51
Dividend Growth(5Y)N/A
DP62.17%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.89%
PT rev (3m)-1.69%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.44%
EPS NY rev (3m)-0.33%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)-0.05%
Valuation
Industry RankSector Rank
PE 15.17
Fwd PE 14.18
P/S 2.29
P/FCF 17.18
P/OCF 16.49
P/B 5.88
P/tB N/A
EV/EBITDA N/A
EPS(TTM)1.03
EY6.59%
EPS(NY)1.1
Fwd EY7.05%
FCF(TTM)0.91
FCFY5.82%
OCF(TTM)0.95
OCFY6.07%
SpS6.82
BVpS2.66
TBVpS-1.16
PEG (NY)2.09
PEG (5Y)7.41
Graham Number7.85
Profitability
Industry RankSector Rank
ROA 8.38%
ROE 31.43%
ROCE 17.96%
ROIC 13.14%
ROICexc 13.79%
ROICexgc 40.4%
OM 15.98%
PM (TTM) 12.26%
GM 42.46%
FCFM 13.34%
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y1.07%
OM growth 5Y-1.02%
PM growth 3Y17.46%
PM growth 5Y-7.78%
GM growth 3Y-1.45%
GM growth 5Y-2.13%
F-Score5
Asset Turnover0.68
Health
Industry RankSector Rank
Debt/Equity 0.54
Debt/FCF 2.24
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 0.56%
Interest Coverage 95.14
Cash Conversion N/A
Profit Quality 108.87%
Current Ratio 0.63
Quick Ratio 0.6
Altman-Z -0.03
F-Score5
WACC7.09%
ROIC/WACC1.85
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)0.58%
Cap/Sales(5y)0.44%
Profit Quality(3y)111.54%
Profit Quality(5y)135.82%
High Growth Momentum
Growth
EPS 1Y (TTM)7.29%
EPS 3Y24.51%
EPS 5Y2.05%
EPS Q2Q%5.77%
EPS Next Y7.28%
EPS Next 2Y8.92%
EPS Next 3Y6.3%
EPS Next 5Y9.47%
Revenue 1Y (TTM)5.69%
Revenue growth 3Y6.55%
Revenue growth 5Y10.97%
Sales Q2Q%5.04%
Revenue Next Year7.35%
Revenue Next 2Y7.19%
Revenue Next 3Y6.84%
Revenue Next 5Y6.65%
EBIT growth 1Y12.56%
EBIT growth 3Y7.69%
EBIT growth 5Y9.83%
EBIT Next Year39.63%
EBIT Next 3Y18.83%
EBIT Next 5Y15.03%
FCF growth 1Y0.3%
FCF growth 3Y-0.59%
FCF growth 5Y13.22%
OCF growth 1Y-0.91%
OCF growth 3Y0.13%
OCF growth 5Y13.43%

UNIVERSAL MUSIC GROUP NV / UMG.AS Fundamental Analysis FAQ

Can you provide the ChartMill fundamental rating for UNIVERSAL MUSIC GROUP NV?

ChartMill assigns a fundamental rating of 5 / 10 to UMG.AS.


What is the valuation status of UNIVERSAL MUSIC GROUP NV (UMG.AS) stock?

ChartMill assigns a valuation rating of 5 / 10 to UNIVERSAL MUSIC GROUP NV (UMG.AS). This can be considered as Fairly Valued.


How profitable is UNIVERSAL MUSIC GROUP NV (UMG.AS) stock?

UNIVERSAL MUSIC GROUP NV (UMG.AS) has a profitability rating of 6 / 10.


Can you provide the PE and PB ratios for UMG stock?

The Price/Earnings (PE) ratio for UNIVERSAL MUSIC GROUP NV (UMG.AS) is 15.17 and the Price/Book (PB) ratio is 5.88.


Is the dividend of UNIVERSAL MUSIC GROUP NV sustainable?

The dividend rating of UNIVERSAL MUSIC GROUP NV (UMG.AS) is 4 / 10 and the dividend payout ratio is 62.17%.