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

AMS:UMG • NL0015000IY2

Current stock price

17.815 EUR
-1.56 (-8.08%)
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.
  • UMG had a positive operating cash flow in the past year.
  • Each year in the past 5 years UMG has been profitable.
  • In the past 5 years UMG always reported a positive cash flow from operatings.
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

  • Looking at the Return On Assets, with a value of 8.78%, UMG belongs to the top of the industry, outperforming 91.49% 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 91.49% of the companies in the same industry.
  • With an excellent Return On Invested Capital value of 14.20%, UMG belongs to the best of the industry, outperforming 87.23% of the companies in the same industry.
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 has a Profit Margin of 12.26%. This is amongst the best in the industry. UMG outperforms 80.85% of its industry peers.
  • In the last couple of years the Profit Margin of UMG has declined.
  • UMG has a better Operating Margin (15.98%) than 87.23% of its industry peers.
  • UMG's Operating Margin has been stable in the last couple of years.
  • UMG has a Gross Margin of 42.46%. This is in the lower half of the industry: UMG underperforms 63.83% 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

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4

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 0.12. 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 0.12 is on the low side compared to the rest of the industry. UMG is outperformed by 70.21% 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 amongst the best of the industry. UMG outperforms 85.11% 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 comparable to the rest of the industry.
  • 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 0.63
Debt/FCF 2.04
Altman-Z 0.12
ROIC/WACC1.99
WACC7.13%
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.
  • UMG's Current ratio of 0.63 is in line compared to the rest of the industry. UMG outperforms 40.43% of its industry peers.
  • A Quick Ratio of 0.60 indicates that UMG may have some problems paying its short term obligations.
  • The Quick ratio of UMG (0.60) is worse than 61.70% 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

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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%.
  • UMG shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.98% yearly.
  • The Revenue has been growing slightly by 5.69% in the past year.
  • Measured over the past years, UMG shows a quite strong growth in Revenue. The Revenue has been growing by 10.97% on average per year.
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 7.66% yearly.
EPS Next Y3.59%
EPS Next 2Y7.08%
EPS Next 3Y8%
EPS Next 5Y9.47%
Revenue Next Year10.03%
Revenue Next 2Y8.51%
Revenue Next 3Y8.3%
Revenue Next 5Y7.66%

3.3 Evolution

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

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5

4. UMG.AS Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 17.30, the valuation of UMG can be described as rather expensive.
  • Compared to the rest of the industry, the Price/Earnings ratio of UMG indicates a rather cheap valuation: UMG is cheaper than 87.23% of the companies listed in the same industry.
  • When comparing the Price/Earnings ratio of UMG to the average of the S&P500 Index (26.77), we can say UMG is valued slightly cheaper.
  • Based on the Price/Forward Earnings ratio of 16.74, the valuation of UMG can be described as correct.
  • 72.34% of the companies in the same industry are more expensive than UMG, based on the Price/Forward Earnings ratio.
  • UMG is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.75, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 17.3
Fwd PE 16.74
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

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as UMG.
  • Based on the Price/Free Cash Flow ratio, UMG is valued a bit cheaper than 72.34% of the companies in the same industry.
Industry RankSector Rank
P/FCF 19.62
EV/EBITDA 14.55
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.
  • The decent profitability rating of UMG may justify a higher PE ratio.
PEG (NY)4.81
PEG (5Y)8.73
EPS Next 2Y7.08%
EPS Next 3Y8%

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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 2.62%.
  • UMG's Dividend Yield is rather good when compared to the industry average which is at 1.13. UMG pays more dividend than 87.23% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, UMG pays a bit more dividend than the S&P500 average.
Industry RankSector Rank
Dividend Yield 2.62%

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 2026 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 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

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UMG.AS Fundamentals: All Metrics, Ratios and Statistics

UNIVERSAL MUSIC GROUP NV

AMS:UMG (4/30/2026, 7:00:00 PM)

17.815

-1.56 (-8.08%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryEntertainment
Industry Strength33.78
Industry Growth39.33
Earnings (Last)03-05
Earnings (Next)04-29
Inst Owners40.01%
Inst Owner ChangeN/A
Ins Owners18.51%
Ins Owner ChangeN/A
Market Cap32.75B
Revenue(TTM)12.51B
Net Income(TTM)1.53B
Analysts77.14
Price Target25.11 (40.95%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.62%
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)-11.23%
PT rev (3m)-12.89%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-3.43%
EPS NY rev (3m)-3.85%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)2.49%
Revenue NY rev (3m)2.43%
Valuation
Industry RankSector Rank
PE 17.3
Fwd PE 16.74
P/S 2.62
P/FCF 19.62
P/OCF 18.83
P/B 7.21
P/tB N/A
EV/EBITDA 14.55
EPS(TTM)1.03
EY5.78%
EPS(NY)1.06
Fwd EY5.97%
FCF(TTM)0.91
FCFY5.1%
OCF(TTM)0.95
OCFY5.31%
SpS6.8
BVpS2.47
TBVpS-1.37
PEG (NY)4.81
PEG (5Y)8.73
Graham Number7.56739 (-57.52%)
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 0.12
F-Score5
WACC7.13%
ROIC/WACC1.99
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 Year10.03%
Revenue Next 2Y8.51%
Revenue Next 3Y8.3%
Revenue Next 5Y7.66%
EBIT growth 1Y12.56%
EBIT growth 3Y7.69%
EBIT growth 5Y9.83%
EBIT Next Year35.6%
EBIT Next 3Y17.81%
EBIT Next 5Y13.07%
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 5 / 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%.