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

AMS:UMG • NL0015000IY2

Current stock price

20.61 EUR
+0.2 (+0.98%)
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

  • UMG had positive earnings in the past year.
  • In the past year UMG had a positive cash flow from operations.
  • Each year in the past 5 years UMG has been profitable.
  • Each year in the past 5 years UMG had a positive operating cash flow.
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 8.78%, UMG belongs to the best of the industry, outperforming 90.70% of the companies in the same industry.
  • With an excellent Return On Equity value of 33.74%, UMG belongs to the best of the industry, outperforming 90.70% of the companies in the same industry.
  • UMG has a Return On Invested Capital of 14.20%. This is amongst the best in the industry. UMG outperforms 86.05% of its industry peers.
Industry RankSector Rank
ROA 8.78%
ROE 33.74%
ROIC 14.2%
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's Profit Margin of 12.26% is fine compared to the rest of the industry. UMG outperforms 79.07% of its industry peers.
  • In the last couple of years the Profit Margin of UMG has declined.
  • Looking at the Operating Margin, with a value of 15.98%, UMG belongs to the top of the industry, outperforming 86.05% of the companies in the same industry.
  • In the last couple of years the Operating Margin of UMG has remained more or less at the same level.
  • UMG's Gross Margin of 42.46% is on the low side compared to the rest of the industry. UMG is outperformed by 65.12% 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

4

2. UMG.AS Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), 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 0.34. This is a bad value and indicates that UMG is not financially healthy and even has some risk of bankruptcy.
  • UMG's Altman-Z score of 0.34 is on the low side compared to the rest of the industry. UMG is outperformed by 65.12% of its industry peers.
  • The Debt to FCF ratio of UMG is 2.04, which is a good value as it means it would take UMG, 2.04 years of fcf income to pay off all of its debts.
  • UMG's Debt to FCF ratio of 2.04 is fine compared to the rest of the industry. UMG outperforms 79.07% of its industry peers.
  • A Debt/Equity ratio of 0.63 indicates that UMG is somewhat dependend on debt financing.
  • UMG has a Debt to Equity ratio (0.63) which is in line with its industry peers.
  • Although UMG's pure debt/equity ratio does not look good, it has limited outstanding debt compared to the Free Cash Flow. We will not put too much weight on the debt/equity number as it may be because of low equity, which could be a consequence of a share buyback program for instance. This needs to be investigated.
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF 2.04
Altman-Z 0.34
ROIC/WACC1.98
WACC7.17%
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

  • UMG has a Current 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.
  • The Current ratio of UMG (0.63) is comparable to the rest of the industry.
  • A Quick Ratio of 0.60 indicates that UMG may have some problems paying its short term obligations.
  • Looking at the Quick ratio, with a value of 0.60, UMG is in line with its industry, outperforming 41.86% of the companies in the same industry.
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

  • The Earnings Per Share has been growing slightly by 7.29% over the past year.
  • The Earnings Per Share has been growing slightly by 1.98% on average over the past years.
  • The Revenue has been growing slightly by 5.69% in the past year.
  • UMG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.97% yearly.
EPS 1Y (TTM)7.29%
EPS 3Y24.37%
EPS 5Y1.98%
EPS Q2Q%5.77%
Revenue 1Y (TTM)5.69%
Revenue growth 3Y6.55%
Revenue growth 5Y10.97%
Sales Q2Q%5.04%

3.2 Future

  • UMG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.47% yearly.
  • UMG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.65% yearly.
EPS Next Y3.59%
EPS Next 2Y7.08%
EPS Next 3Y8%
EPS Next 5Y9.47%
Revenue Next Year9.58%
Revenue Next 2Y8.53%
Revenue Next 3Y8.27%
Revenue Next 5Y6.65%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
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

4

4. UMG.AS Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 20.01, which indicates a rather expensive current valuation of UMG.
  • Compared to the rest of the industry, the Price/Earnings ratio of UMG indicates a somewhat cheap valuation: UMG is cheaper than 76.74% of the companies listed in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.87. UMG is valued slightly cheaper when compared to this.
  • Based on the Price/Forward Earnings ratio of 19.37, the valuation of UMG can be described as rather expensive.
  • Based on the Price/Forward Earnings ratio, UMG is valued a bit cheaper than the industry average as 72.09% of the companies are valued more expensively.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 38.51, UMG is valued a bit cheaper.
Industry RankSector Rank
PE 20.01
Fwd PE 19.37
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 40

4.2 Price Multiples

  • UMG's Enterprise Value to EBITDA is on the same level as the industry average.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of UMG indicates a somewhat cheap valuation: UMG is cheaper than 67.44% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 22.65
EV/EBITDA 16.46
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 an expensive valuation of the company.
  • The decent profitability rating of UMG may justify a higher PE ratio.
PEG (NY)5.57
PEG (5Y)10.1
EPS Next 2Y7.08%
EPS Next 3Y8%

More info and screens

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

4

5. UMG.AS Dividend Analysis

5.1 Amount

  • UMG has a Yearly Dividend Yield of 2.77%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 1.17, UMG pays a better dividend. On top of this UMG pays more dividend than 90.70% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, UMG pays a better dividend.
Industry RankSector Rank
Dividend Yield 2.77%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years4
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

  • UMG pays out 62.17% of its income as dividend. This is not a sustainable payout ratio.
DP62.17%
EPS Next 2Y7.08%
EPS Next 3Y8%
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 (4/17/2026, 7:00:00 PM)

20.61

+0.2 (+0.98%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Earnings (Last)03-05
Earnings (Next)04-29
Inst Owners40.01%
Inst Owner ChangeN/A
Ins Owners18.51%
Ins Owner ChangeN/A
Market Cap37.80B
Revenue(TTM)12.51B
Net Income(TTM)1.53B
Analysts77.14
Price Target25.21 (22.32%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.77%
Yearly Dividend0.51
Dividend Growth(5Y)N/A
DP62.17%
Div Incr Years1
Div Non Decr Years4
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)-10.86%
PT rev (3m)-12.36%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-3.43%
EPS NY rev (3m)-3.84%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)2.08%
Revenue NY rev (3m)2.02%
Valuation
Industry RankSector Rank
PE 20.01
Fwd PE 19.37
P/S 3.02
P/FCF 22.65
P/OCF 21.74
P/B 8.32
P/tB N/A
EV/EBITDA 16.46
EPS(TTM)1.03
EY5%
EPS(NY)1.06
Fwd EY5.16%
FCF(TTM)0.91
FCFY4.42%
OCF(TTM)0.95
OCFY4.6%
SpS6.82
BVpS2.48
TBVpS-1.37
PEG (NY)5.57
PEG (5Y)10.1
Graham Number7.57635 (-63.24%)
Profitability
Industry RankSector Rank
ROA 8.78%
ROE 33.74%
ROCE 19.49%
ROIC 14.2%
ROICexc 14.91%
ROICexgc 52.84%
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 Turnover0.72
Health
Industry RankSector Rank
Debt/Equity 0.63
Debt/FCF 2.04
Debt/EBITDA 1.17
Cap/Depr 15.7%
Cap/Sales 0.56%
Interest Coverage 95.14
Cash Conversion 71.15%
Profit Quality 108.87%
Current Ratio 0.63
Quick Ratio 0.6
Altman-Z 0.34
F-Score5
WACC7.17%
ROIC/WACC1.98
Cap/Depr(3y)16.75%
Cap/Depr(5y)12.74%
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 3Y24.37%
EPS 5Y1.98%
EPS Q2Q%5.77%
EPS Next Y3.59%
EPS Next 2Y7.08%
EPS Next 3Y8%
EPS Next 5Y9.47%
Revenue 1Y (TTM)5.69%
Revenue growth 3Y6.55%
Revenue growth 5Y10.97%
Sales Q2Q%5.04%
Revenue Next Year9.58%
Revenue Next 2Y8.53%
Revenue Next 3Y8.27%
Revenue Next 5Y6.65%
EBIT growth 1Y12.56%
EBIT growth 3Y7.69%
EBIT growth 5Y9.83%
EBIT Next Year35.6%
EBIT Next 3Y17.81%
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 for UMG stock?

ChartMill assigns a valuation rating of 4 / 10 to UNIVERSAL MUSIC GROUP NV (UMG.AS). This can be considered as Fairly Valued.


Can you provide the profitability details for UNIVERSAL MUSIC GROUP NV?

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


How financially healthy is UNIVERSAL MUSIC GROUP NV?

The financial health rating of UNIVERSAL MUSIC GROUP NV (UMG.AS) is 4 / 10.


Can you provide the dividend sustainability for UMG stock?

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