View ValuationUniversal Music Group 향후 성장Future 기준 점검 3/6Universal Music Group (는) 각각 연간 7.8% 및 6.9% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 7.7% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 35.5% 로 예상됩니다.핵심 정보7.8%이익 성장률7.69%EPS 성장률Entertainment 이익 성장15.4%매출 성장률6.9%향후 자기자본이익률35.49%애널리스트 커버리지Good마지막 업데이트29 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • May 14Universal Music Group N.V. Approves Final Dividend for the Financial Year 2025, Payable on June 12, 2026Universal Music Group N.V. at its AGM held on May 13, 2026, approved a final dividend of EUR 0.28 per share. With the interim dividend of EUR 0.24 per share that was paid in October 2025, this brings the total dividend for the financial year 2025 to EUR 0.52 per share. The following timetable shall apply with respect to the payment of the final dividend: May 20, 2026: Ex-dividend date; May 21, 2026: Dividend record date; and June 12, 2026: Final dividend payment date.Upcoming Dividend • May 13Upcoming dividend of €0.28 per shareEligible shareholders must have bought the stock before 20 May 2026. Payment date: 12 June 2026. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (2.6%).Buy Or Sell Opportunity • Apr 08Now 24% overvaluedOver the last 90 days, the stock has fallen 6.6% to €20.01. The fair value is estimated to be €16.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 29%. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 8.2% per annum over the same time period.공시 • Apr 08Pershing Square Capital Management, L.P. signed a a non-binding proposal to acquire remaining 90% stake in Universal Music Group N.V. (ENXTAM:UMG) from Bolloré SE (ENXTPA:BOL), Vivendi SE (ENXTPA:VIV) and other shareholders for €50.2 billion.Pershing Square Capital Management, L.P. signed a non-binding proposal to acquire remaining 90% stake in Universal Music Group N.V. (ENXTAM:UMG) from Bolloré SE (ENXTPA:BOL), Vivendi SE (ENXTPA:VIV) and other shareholders for €50.2 billion on April 7, 2026. A cash consideration valued at €5.05 per share will be paid by Pershing Square Capital Management, L.P. As part of consideration, Universal Music Group N.V.'s shareholders will receive a total of €9.4 billion in cash and 0.77 shares of New UMG stock for each share of UMG held estimated to be worth €30.40 per share. Alternatively, shareholders may elect to receive all cash, all stock, or a mix of stock and cash consideration, subject to proration. Upon completion, Pershing Square Capital Management, L.P. will own 100% stake in Universal Music Group N.V. UMG will merge with Pershing Square and the newly merged company will become a Nevada corporation (“New UMG”), listed on the New York Stock Exchange. New UMG will publish financial statements under U.S. GAAP and be eligible for S&P 500 and other index inclusion. The Transaction will enable the cancellation of 17% of UMG outstanding shares while preserving the company’s investment grade balance sheet and its long-term financial and strategic flexibility. New UMG will have 1.541 billion shares outstanding. The cash portion of the consideration will be funded with €2.5 billion from Pershing Square including €1.05 billion from SPARC’s rights holders, €5.4 billion in additional investment grade debt financing at New UMG (resulting in total debt of no more than 2.5 times Net Debt to Adjusted EBITDA) and €1.5 billion of net proceeds from the monetization of the company’s stake in Spotify, after taxes and net of the artists’ share of Spotify proceeds. All Transaction equity financing will be backstopped by Pershing Square and affiliates, and all debt financing will be committed at signing. As part of the Transaction, UMG’s board will be refreshed to include Michael Ovitz as Chairman and two representatives from Pershing Square in addition to members from the current UMG board. The Transaction will be subject to only a limited number of customary closing conditions, which include: (1) approval of UMG’s and SPARC’s boards of directors, (2) a two-thirds vote in favor of the Transaction by UMG shareholders in attendance at a meeting, and (3) required regulatory approvals. SPARC common stock is currently 100% owned by Pershing Square who will vote to support the Transaction. The Transaction will also be subject to a new employment contract and compensation arrangement for Lucian Grainge and the creation of a new board of directors for New UMG that will include Michael Ovitz as Chairman and two Pershing Square affiliates in addition to members from the current UMG board. The transaction is expected to close by year-end 2026. Sullivan & Cromwell LLP acted as legal advisor for Pershing Square Capital Management, L.P. White & Case LLP acted as legal advisor for Pershing Square Capital Management, L.P. Stibbe N.V. acted as legal advisor for Pershing Square Capital Management, L.P. Jefferies LLC acted as financial advisor for Pershing Square Capital Management, L.P.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €19.06, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Entertainment industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €15.88 per share.공시 • Apr 02Universal Music Group N.V. to Report Q1, 2026 Results on Apr 29, 2026Universal Music Group N.V. announced that they will report Q1, 2026 results After-Market on Apr 29, 2026공시 • Mar 30Universal Music Group N.V., Annual General Meeting, May 13, 2026Universal Music Group N.V., Annual General Meeting, May 13, 2026. Location: felix meritis, keizersgracht 324, 1016 ez, amsterdam NetherlandsNew Risk • Mar 08New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 12% Last year net profit margin: 18% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (65% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (12% net profit margin).Reported Earnings • Mar 08Full year 2025 earnings released: EPS: €0.84 (vs €1.14 in FY 2024)Full year 2025 results: EPS: €0.84 (down from €1.14 in FY 2024). Revenue: €12.5b (up 5.7% from FY 2024). Net income: €1.53b (down 27% from FY 2024). Profit margin: 12% (down from 18% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Entertainment industry in Germany.공시 • Mar 06+ 1 more updateUniversal Music Group N.V. to Report Fiscal Year 2025 Final Results on Mar 26, 2026Universal Music Group N.V. announced that they will report fiscal year 2025 final results on Mar 26, 2026공시 • Jan 30Universal Music Group N.V. to Report Q4, 2025 Results on Mar 05, 2026Universal Music Group N.V. announced that they will report Q4, 2025 results After-Market on Mar 05, 2026Buy Or Sell Opportunity • Oct 08Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at €23.47. The fair value is estimated to be €30.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are forecast to decline by 9.1% per annum over the same time period.공시 • Oct 06Universal Music Group N.V. to Report Q3, 2025 Results on Oct 30, 2025Universal Music Group N.V. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025Buy Or Sell Opportunity • Sep 22Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at €23.41. The fair value is estimated to be €29.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are forecast to decline by 8.7% per annum over the same time period.이익 및 매출 성장 예측XTRA:0VD - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202815,6092,0131,9582,7471612/31/202714,5711,7791,5982,3891712/31/202613,5301,5791,2792,1271712/31/202512,5071,5331,5441,739N/A9/30/202512,3482,0691,5611,755N/A6/30/202512,1892,6041,5771,770N/A3/31/202512,0122,3451,5751,763N/A12/31/202411,8342,0861,5721,755N/A9/30/202411,6601,8171,5311,691N/A6/30/202411,4861,5481,4891,627N/A3/31/202411,2971,4041,6271,756N/A12/31/202311,1081,2591,7641,885N/A9/30/202310,9311,2131,7061,819N/A6/30/202310,7541,1661,6471,753N/A3/31/202310,5479741,6431,743N/A12/31/202210,3407821,6391,732N/A9/30/20229,8747291,4111,497N/A6/30/20229,4076751,1831,262N/A3/31/20229,0628721,4211,491N/A12/31/20218,5048861,0791,140N/A9/30/20218,1549851,1151,171N/A6/30/20217,8041,0831,1501,202N/A3/31/20217,4721,41283140N/A12/31/20207,4321,366860926N/A12/31/20197,159972610685N/A1/1/20196,023897N/A747N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 0VD 의 연간 예상 수익 증가율(7.8%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: 0VD 의 연간 수익(7.8%)이 German 시장(17.2%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 0VD 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 0VD 의 수익(연간 6.9%)이 German 시장(연간 6.7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 0VD 의 수익(연간 6.9%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 0VD의 자본 수익률은 3년 후 35.5%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMedia 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/29 07:24종가2026/05/29 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Universal Music Group N.V.는 30명의 분석가가 다루고 있습니다. 이 중 17명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관JULIEN ROCHBarclaysChristophe CherblancBernsteinWilliam PackerBNP Paribas27명의 분석가 더 보기
공시 • May 14Universal Music Group N.V. Approves Final Dividend for the Financial Year 2025, Payable on June 12, 2026Universal Music Group N.V. at its AGM held on May 13, 2026, approved a final dividend of EUR 0.28 per share. With the interim dividend of EUR 0.24 per share that was paid in October 2025, this brings the total dividend for the financial year 2025 to EUR 0.52 per share. The following timetable shall apply with respect to the payment of the final dividend: May 20, 2026: Ex-dividend date; May 21, 2026: Dividend record date; and June 12, 2026: Final dividend payment date.
Upcoming Dividend • May 13Upcoming dividend of €0.28 per shareEligible shareholders must have bought the stock before 20 May 2026. Payment date: 12 June 2026. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.6%). In line with average of industry peers (2.6%).
Buy Or Sell Opportunity • Apr 08Now 24% overvaluedOver the last 90 days, the stock has fallen 6.6% to €20.01. The fair value is estimated to be €16.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Earnings per share has grown by 29%. For the next 3 years, revenue is forecast to grow by 7.0% per annum. Earnings are also forecast to grow by 8.2% per annum over the same time period.
공시 • Apr 08Pershing Square Capital Management, L.P. signed a a non-binding proposal to acquire remaining 90% stake in Universal Music Group N.V. (ENXTAM:UMG) from Bolloré SE (ENXTPA:BOL), Vivendi SE (ENXTPA:VIV) and other shareholders for €50.2 billion.Pershing Square Capital Management, L.P. signed a non-binding proposal to acquire remaining 90% stake in Universal Music Group N.V. (ENXTAM:UMG) from Bolloré SE (ENXTPA:BOL), Vivendi SE (ENXTPA:VIV) and other shareholders for €50.2 billion on April 7, 2026. A cash consideration valued at €5.05 per share will be paid by Pershing Square Capital Management, L.P. As part of consideration, Universal Music Group N.V.'s shareholders will receive a total of €9.4 billion in cash and 0.77 shares of New UMG stock for each share of UMG held estimated to be worth €30.40 per share. Alternatively, shareholders may elect to receive all cash, all stock, or a mix of stock and cash consideration, subject to proration. Upon completion, Pershing Square Capital Management, L.P. will own 100% stake in Universal Music Group N.V. UMG will merge with Pershing Square and the newly merged company will become a Nevada corporation (“New UMG”), listed on the New York Stock Exchange. New UMG will publish financial statements under U.S. GAAP and be eligible for S&P 500 and other index inclusion. The Transaction will enable the cancellation of 17% of UMG outstanding shares while preserving the company’s investment grade balance sheet and its long-term financial and strategic flexibility. New UMG will have 1.541 billion shares outstanding. The cash portion of the consideration will be funded with €2.5 billion from Pershing Square including €1.05 billion from SPARC’s rights holders, €5.4 billion in additional investment grade debt financing at New UMG (resulting in total debt of no more than 2.5 times Net Debt to Adjusted EBITDA) and €1.5 billion of net proceeds from the monetization of the company’s stake in Spotify, after taxes and net of the artists’ share of Spotify proceeds. All Transaction equity financing will be backstopped by Pershing Square and affiliates, and all debt financing will be committed at signing. As part of the Transaction, UMG’s board will be refreshed to include Michael Ovitz as Chairman and two representatives from Pershing Square in addition to members from the current UMG board. The Transaction will be subject to only a limited number of customary closing conditions, which include: (1) approval of UMG’s and SPARC’s boards of directors, (2) a two-thirds vote in favor of the Transaction by UMG shareholders in attendance at a meeting, and (3) required regulatory approvals. SPARC common stock is currently 100% owned by Pershing Square who will vote to support the Transaction. The Transaction will also be subject to a new employment contract and compensation arrangement for Lucian Grainge and the creation of a new board of directors for New UMG that will include Michael Ovitz as Chairman and two Pershing Square affiliates in addition to members from the current UMG board. The transaction is expected to close by year-end 2026. Sullivan & Cromwell LLP acted as legal advisor for Pershing Square Capital Management, L.P. White & Case LLP acted as legal advisor for Pershing Square Capital Management, L.P. Stibbe N.V. acted as legal advisor for Pershing Square Capital Management, L.P. Jefferies LLC acted as financial advisor for Pershing Square Capital Management, L.P.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €19.06, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 12x in the Entertainment industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €15.88 per share.
공시 • Apr 02Universal Music Group N.V. to Report Q1, 2026 Results on Apr 29, 2026Universal Music Group N.V. announced that they will report Q1, 2026 results After-Market on Apr 29, 2026
공시 • Mar 30Universal Music Group N.V., Annual General Meeting, May 13, 2026Universal Music Group N.V., Annual General Meeting, May 13, 2026. Location: felix meritis, keizersgracht 324, 1016 ez, amsterdam Netherlands
New Risk • Mar 08New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 12% Last year net profit margin: 18% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (65% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (12% net profit margin).
Reported Earnings • Mar 08Full year 2025 earnings released: EPS: €0.84 (vs €1.14 in FY 2024)Full year 2025 results: EPS: €0.84 (down from €1.14 in FY 2024). Revenue: €12.5b (up 5.7% from FY 2024). Net income: €1.53b (down 27% from FY 2024). Profit margin: 12% (down from 18% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Entertainment industry in Germany.
공시 • Mar 06+ 1 more updateUniversal Music Group N.V. to Report Fiscal Year 2025 Final Results on Mar 26, 2026Universal Music Group N.V. announced that they will report fiscal year 2025 final results on Mar 26, 2026
공시 • Jan 30Universal Music Group N.V. to Report Q4, 2025 Results on Mar 05, 2026Universal Music Group N.V. announced that they will report Q4, 2025 results After-Market on Mar 05, 2026
Buy Or Sell Opportunity • Oct 08Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at €23.47. The fair value is estimated to be €30.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are forecast to decline by 9.1% per annum over the same time period.
공시 • Oct 06Universal Music Group N.V. to Report Q3, 2025 Results on Oct 30, 2025Universal Music Group N.V. announced that they will report Q3, 2025 results After-Market on Oct 30, 2025
Buy Or Sell Opportunity • Sep 22Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at €23.41. The fair value is estimated to be €29.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.7% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are forecast to decline by 8.7% per annum over the same time period.