ENXTPA:AMUNCapital Markets
Amundi (ENXTPA:AMUN) Stock Confronts Margin Pressure And A Rich Valuation
Amundi stock has quietly climbed over the past quarter, yet today’s Q2 print puts a different spotlight on the story. The shares closed at €94.35, pricing in a solid run, while the latest quarter shows revenue of €933m and basic earnings per share of €1.98. The real headline is margin pressure and valuation strain. Net profit margin over the last year has moved down to 19.2% and the current P/E sits above the European capital markets industry average, even as a discounted cash flow estimate...