Données historiques sur Unilever
Pays: Zone euro.
GB
Sector: Consommation.
Prix | 50,42 |
Nº d'actions | 2.532.400.000 |
Capitalisation | 127.683.608.000 |
Valeur comptable par action | 7,15 |
Prix / Valeur comptable | 7,05 |
EV / EBITDA | 13,35 |
EV / EBIT | 13,32 |
2023 | |||
---|---|---|---|
BPA | 2,56 | ||
PER | 19,70 | ||
DPA | 1,7100 | ||
RPD | 3,39% |
Taux de croissance | 5 années | 10 années | 20 années | 30 années |
---|---|---|---|---|
Revenu | 3,17% | 1,81% | 1,68% | #¡REF! |
EBITDA | #¡REF! | #¡REF! | #¡REF! | #¡REF! |
EBIT | #¡REF! | #¡REF! | #¡REF! | #¡REF! |
BPA ordinaire | 3,66% | 4,81% | 6,04% | #¡REF! |
Dividende ordinaire | 2,00% | 4,74% | 5,55% | #¡REF! |
Valeur comptable par action | 12,97% | 4,19% | 7,45% | #¡REF! |
CASH-FLOW OPÉRATIONNEL | 6,90% | 4,12% | 1,66% | #¡REF! |
Ratios moyens | 5 années | 10 années | 20 années | 30 années |
---|---|---|---|---|
PER moyen | 20,85 | 21,86 | 20,19 | 14,41 |
RD media | 3,55% | 3,36% | 3,41% | 2,38% |
Prix / valeur comptable moyenne | 8,87 | 8,53 | #¡REF! | #¡REF! |
EV / EBITDA moyen | #¡REF! | #¡REF! | #¡REF! | #¡REF! |
EV /EBIT moyenne | #¡REF! | #¡REF! | #¡REF! | #¡REF! |
ROA moyen | 8,68% | 9,35% | #¡REF! | #¡REF! |
ROE moyen | 38,11% | 39,14% | #¡REF! | #¡REF! |
ROCE moyen | #¡REF! | #¡REF! | #¡REF! | #¡REF! |
2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenu | 59.604,00 | 60.073,00 | 52.444,00 | 50.724,00 | 51.980,00 | 50.982,00 | 53.715,00 | 52.713,00 | 53.272,00 | 48.436,00 | 49.797,00 | 51.324,00 | 46.467,00 | 44.262,00 | 39.823,00 | 40.523,00 | 40.187,00 | 39.642,00 | 38.401,00 | 38.566,00 | 42.693,00 | 48.270,00 | 51.514,00 | 47.582,00 |
% | -0.78% | 14.55% | 3.39% | -2.42% | 1.96% | -5.09% | 1.9% | -1.05% | 9.98% | -2.73% | -2.98% | 10.45% | 4.98% | 11.15% | -1.73% | 0.84% | 1.37% | 3.23% | -0.43% | -9.67% | -11.55% | -6.3% | 8.26% | |
Coût des ventes | -34.429,00 | -35.906,00 | -30.259,00 | -28.684,00 | -29.102,00 | -28.769,00 | -30.547,00 | -30.229,00 | -30.808,00 | -28.387,00 | -29.245,00 | -30.703,00 | -27.930,00 | -25.890,00 | -23.182,00 | -21.342,00 | -20.558,00 | -20.093,00 | -19.539,00 | -19.856,00 | -21.192,00 | -24.049,00 | -26.962,00 | -25.221,00 |
% | 4.11% | -18.66% | -5.49% | 1.44% | -1.16% | 5.82% | -1.05% | 1.88% | -8.53% | 2.93% | 4.75% | -9.93% | -7.88% | -11.68% | -8.62% | -3.81% | -2.31% | -2.84% | 1.6% | 6.3% | 11.88% | 10.8% | -6.9% | |
Marge brute | 25.175,00 | 24.167,00 | 22.185,00 | 22.040,00 | 22.878,00 | 22.213,00 | 23.168,00 | 22.484,00 | 22.464,00 | 20.049,00 | 20.552,00 | 20.621,00 | 18.537,00 | 18.372,00 | 16.641,00 | 19.181,00 | 19.629,00 | 19.549,00 | 18.862,00 | 18.710,00 | 21.501,00 | 24.221,00 | 24.552,00 | 22.361,00 |
% | 4.17% | 8.93% | 0.66% | -3.66% | 2.99% | -4.12% | 3.04% | 0.09% | 12.05% | -2.45% | -0.33% | 11.24% | 0.9% | 10.4% | -13.24% | -2.28% | 0.41% | 3.64% | 0.81% | -12.98% | -11.23% | -1.35% | 9.8% | |
EBITDA | 11.337,00 | 12.701,00 | 10.465,00 | 10.321,00 | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! |
% | -10.74% | 21.37% | 1.4% | |||||||||||||||||||||
Marge EBITDA / Ventes | 19,02% | 21,14% | 19,95% | 20,35% | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! |
EBIT (Operating profit) | 9.758,00 | 10.755,00 | 8.702,00 | 8.303,00 | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! |
% | -9.27% | 23.59% | 4.81% | |||||||||||||||||||||
Marge EBIT / Ventes | 16,37% | 17,90% | 16,59% | 16,37% | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! |
Résultat net ordinaire | 6.487,00 | 7.642,00 | 6.049,00 | 5.581,00 | 5.625,00 | 6.374,00 | 6.053,00 | 5.184,00 | 4.909,00 | 5.171,00 | 4.842,00 | 4.480,00 | 4.252,00 | 4.244,00 | 3.370,00 | 5.027,00 | 3.888,00 | 3.419,00 | 3.130,00 | 2.941,00 | 2.762,00 | 2.136,00 | 1.838,00 | 1.105,00 |
Résultat net total | 6.487,00 | 7.642,00 | 6.049,00 | 5.581,00 | 5.625,00 | 9.389,00 | 6.053,00 | 5.184,00 | 4.909,00 | 5.171,00 | 4.842,00 | 4.480,00 | 4.252,00 | 4.244,00 | 3.370,00 | 5.027,00 | 3.888,00 | 4.745,00 | 3.766,00 | 2.941,00 | 2.762,00 | 2.136,00 | 1.838,00 | 1.105,00 |
BPA ordinaire | 2,56 | 2,99 | 2,32 | 2,12 | 2,03 | 2,14 | 2,00 | 1,71 | 1,62 | 1,71 | 1,60 | 1,48 | 1,41 | 1,40 | 1,23 | 1,30 | 1,29 | 1,13 | 1,03 | 0,84 | 0,79 | 0,61 | 0,53 | 0,32 |
% | -14.38% | 28.88% | 9.43% | 4.43% | -5.14% | 7% | 16.96% | 5.56% | -5.26% | 6.87% | 8.11% | 4.96% | 0.71% | 13.82% | -5.38% | 0.78% | 14.16% | 9.71% | 22.62% | 6.33% | 29.51% | 15.09% | 65.63% | |
BPA extraordinaire | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 1,01 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | -0,12 | 0,36 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 | 0,00 |
BPA total | 2,56 | 2,99 | 2,32 | 2,12 | 2,03 | 3,15 | 2,00 | 1,71 | 1,62 | 1,71 | 1,60 | 1,48 | 1,41 | 1,40 | 1,11 | 1,66 | 1,29 | 1,57 | 1,25 | 0,84 | 0,79 | 0,61 | 0,53 | 0,32 |
Dividende ordinaire | 1,7100 | 1,7100 | 1,7100 | 1,6416 | 1,6416 | 1,5488 | 1,4340 | 1,2804 | 1,2080 | 1,1400 | 1,0760 | 0,9720 | 0,9000 | 0,8320 | 0,4650 | 0,7700 | 0,7500 | 0,7000 | 0,6600 | 0,6300 | 0,5800 | 0,5666 | 0,5366 | 0,4766 |
% | -0% | -0% | 4.17% | -0% | 5.99% | 8.01% | 12% | 5.99% | 5.96% | 5.95% | 10.7% | 8% | 8.17% | 78.92% | -39.61% | 2.67% | 7.14% | 6.06% | 4.76% | 8.62% | 2.36% | 5.59% | 12.59% | |
Pay-out | 66,76% | 57,28% | 73,77% | 77,34% | 80,94% | 72,37% | 71,66% | 74,71% | 74,44% | 66,69% | 67,22% | 65,63% | 64,03% | 59,30% | 37,80% | 59,23% | 58,35% | 61,93% | 63,78% | 74,61% | 73,14% | 92,39% | 101,69% | 150,23% |
Dividende extraordinaire | 0,2600 | |||||||||||||||||||||||
Dividende total | 1,7100 | 1,7100 | 1,7100 | 1,6416 | 1,6416 | 1,5488 | 1,4340 | 1,2804 | 1,2080 | 1,1400 | 1,0760 | 0,9720 | 0,9000 | 0,8320 | 0,4650 | 0,7700 | 0,7500 | 0,9600 | 0,6600 | 0,6300 | 0,5800 | 0,5666 | 0,5366 | 0,4766 |
Observations | ||||||||||||||||||||||||
Valeur comptable par action | 7,15 | 7,43 | 6,56 | 5,81 | 4,76 | 3,88 | 4,51 | 5,41 | 5,10 | 4,51 | 4,74 | 5,01 | #¡REF! | #¡REF! | 3,29 | 4,10 | 3,71 | 2,76 | 2,76 | 2,09 | 1,70 | 1,68 | 2,01 | 2,35 |
% | -3.77% | 13.26% | 12.91% | 22.06% | 22.68% | -13.97% | -16.64% | 6.08% | 13.08% | -4.85% | -5.39% | -100% | -19.76% | 10.51% | 34.42% | -0% | 32.06% | 22.94% | 1.19% | -16.42% | -14.47% | |||
Dette nette | 23.657,00 | 23.676,00 | 25.510,00 | 20.928,00 | 23.051,00 | 20.781,00 | 20.343,00 | 12.614,00 | 11.505,00 | 9.900,00 | 8.456,00 | 7.355,00 | 8.781,00 | 6.668,00 | 6.357,00 | 8.012,00 | 8.335,00 | 7.523,00 | 10.502,00 | 9.663,00 | 12.555,00 | 16.966,00 | 23.199,00 | 26.468,00 |
% | -0.08% | -7.19% | 21.89% | -9.21% | 10.92% | 2.15% | 61.27% | 9.64% | 16.21% | 17.08% | 14.97% | -16.24% | 31.69% | 4.89% | -20.66% | -3.88% | 10.79% | -28.37% | 8.68% | -23.03% | -26% | -26.87% | -12.35% | |
Dette nette / EBITDA | 2,09 | 1,86 | 2,44 | 2,03 | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! |
Dette nette / CF Exploitation | 2,51 | 3,25 | 3,20 | 2,31 | 2,84 | 3,08 | 2,79 | 1,79 | 1,57 | 1,79 | 1,34 | 1,08 | 1,61 | 1,21 | 1,10 | 2,07 | 2,15 | 1,67 | 2,41 | 1,74 | 1,85 | 2,15 | 3,09 | 3,93 |
ROA | 8,62% | 9,82% | 8,06% | 8,25% | 8,68% | 10,72% | 10,04% | 9,19% | 9,39% | 10,77% | 10,64% | 9,70% | #¡REF! | #¡REF! | 9,32% | 13,48% | 10,49% | 8,66% | 7,99% | 7,98% | 7,27% | 4,79% | 3,48% | 1,92% |
ROE | 35,84% | 40,18% | 35,36% | 36,56% | 42,64% | 55,08% | 44,41% | 31,70% | 31,80% | 37,88% | 33,76% | 29,55% | #¡REF! | #¡REF! | 33,88% | 40,58% | 34,62% | 40,89% | 37,44% | 40,49% | 46,66% | 36,41% | 26,28% | 13,53% |
ROCE | 21,97% | 23,70% | 19,23% | 21,52% | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! |
CASH-FLOW OPÉRATIONNEL | 9.426,00 | 7.282,00 | 7.972,00 | 9.058,00 | 8.109,00 | 6.753,00 | 7.292,00 | 7.047,00 | 7.330,00 | 5.543,00 | 6.294,00 | 6.836,00 | 5.452,00 | 5.490,00 | 5.774,00 | 3.871,00 | 3.876,00 | 4.511,00 | 4.353,00 | 5.547,00 | 6.780,00 | 7.883,00 | 7.497,00 | 6.738,00 |
% | 29.44% | -8.66% | -11.99% | 11.7% | 20.08% | -7.39% | 3.48% | -3.86% | 32.24% | -11.93% | -7.93% | 25.39% | -0.69% | -4.92% | 49.16% | -0.13% | -14.08% | 3.63% | -21.53% | -18.19% | -13.99% | 5.15% | 11.26% | |
Cash-flow d'investissement | -2.294,00 | 2.453,00 | -3.246,00 | -1.481,00 | -2.237,00 | 4.644,00 | -5.879,00 | -3.188,00 | -3.539,00 | -341,00 | -1.161,00 | -755,00 | -4.467,00 | -1.164,00 | -1.263,00 | 1.415,00 | -623,00 | 1.155,00 | 515,00 | -120,00 | 0,00 | 0,00 | 0,00 | 0,00 |
% | -193.52% | 175.57% | -119.18% | 33.8% | -148.17% | 178.99% | -84.41% | 9.92% | -937.83% | 70.63% | -53.77% | 83.1% | -283.76% | 7.84% | -189.26% | 327.13% | -153.94% | 124.27% | 529.17% | |||||
Cash-flow Financement | -7.193,00 | -8.890,00 | -7.099,00 | -5.804,00 | -4.667,00 | -11.548,00 | -1.433,00 | -3.073,00 | -3.032,00 | -5.190,00 | -5.390,00 | -6.622,00 | 411,00 | -4.609,00 | -4.301,00 | -3.130,00 | -3.009,00 | -6.572,00 | -4.821,00 | -5.938,00 | 0,00 | 0,00 | 0,00 | 0,00 |
% | 19.09% | -25.23% | -22.31% | -24.36% | 59.59% | -705.86% | 53.37% | -1.35% | 41.58% | 3.71% | 18.6% | -1711.19% | 108.92% | -7.16% | -37.41% | -4.02% | 54.21% | -36.32% | 18.81% | |||||
Variation du taux de change | -119,00 | -7,00 | 285,00 | -414,00 | -179,00 | 72,00 | -9,00 | 284,00 | -541,00 | -146,00 | 84,00 | -220,00 | -384,00 | -148,00 | -173,00 | -697,00 | -53,00 | 351,00 | -188,00 | 489,00 | ||||
Cash flow net | -180,00 | 838,00 | -2.088,00 | 1.359,00 | 1.026,00 | -79,00 | -29,00 | 1.070,00 | 218,00 | -134,00 | -173,00 | -761,00 | 1.012,00 | -431,00 | 37,00 | 1.459,00 | 191,00 | -555,00 | -141,00 | -22,00 | 6.780,00 | 7.883,00 | 7.497,00 | 6.738,00 |
% | -121.48% | 140.13% | -253.64% | 32.46% | 1398.73% | -172.41% | -102.71% | 390.83% | 262.69% | 22.54% | 77.27% | -175.2% | 334.8% | -1264.86% | -97.46% | 663.87% | 134.41% | -293.62% | -540.91% | -100.32% | -13.99% | 5.15% | 11.26% | |
CFE-CFI-PID | 6.233,00 | 8.991,00 | 4.238,00 | 6.953,00 | 5.178,00 | 10.920,00 | 943,00 | 3.387,00 | 3.212,00 | 4.681,00 | 4.622,00 | 5.575,00 | 489,00 | 3.832,00 | 3.994,00 | 4.799,00 | 2.701,00 | 5.061,00 | 4.225,00 | 4.640,00 | 0,00 | 0,00 | 0,00 | 0,00 |
Paiement des dividendes | 4.363,00 | 4.329,00 | 4.483,00 | 4.279,00 | 4.209,00 | 4.066,00 | 3.916,00 | 3.609,00 | 3.331,00 | 3.189,00 | 2.993,00 | 2.699,00 | 2.485,00 | 2.323,00 | 2.106,00 | 2.086,00 | 2.182,00 | 2.602,00 | 1.804,00 | 1.720,00 | 1.715,00 | 1.580,00 | 1.365,00 | 1.266,00 |
Nombre d'actions au 31 décembre | 2.532.400.000 | 2.559.800.000 | 2.609.600.000 | 2.629.200.000 | 2.773.500.000 | 2.978.727.700 | 3.024.884.061 | 3.024.884.061 | 3.024.884.061 | 3.024.884.061 | 3.024.884.061 | 3.024.884.061 | 3.024.884.061 | 3.024.884.061 | 3.024.884.061 | 3.024.884.061 | 3.024.884.061 | 3.024.884.061 | 3.024.884.061 | 3.483.034.480 | 3.483.034.480 | 3.483.034.480 | 3.483.034.480 | 3.483.034.480 |
Prix maximum | 50,94 | 49,09 | 51,05 | 55,39 | 57,77 | 50,16 | 52,31 | 43,11 | 42,84 | 34,05 | 32,83 | 29,43 | 26,39 | 23,92 | 22,82 | 25,41 | 25,52 | 20,76 | 20,30 | 20,05 | 19,87 | 24,17 | 23,87 | 23,88 |
Prix minimum | 42,96 | 39,36 | 43,00 | 38,42 | 45,57 | 42,13 | 37,23 | 36,22 | 31,34 | 26,97 | 27,03 | 24,31 | 20,74 | 20,51 | 13,35 | 16,07 | 18,74 | 16,38 | 16,01 | 14,68 | 15,12 | 16,00 | 17,95 | 13,33 |
PER maximum | 17,06 | 21,18 | 24,05 | 27,31 | 27,00 | 25,07 | 30,52 | 26,56 | 25,06 | 21,27 | 22,17 | 20,94 | 18,81 | 19,45 | 17,55 | 19,77 | 22,58 | 20,06 | 24,04 | 25,28 | 32,40 | 45,80 | 75,24 | |
PER moyen | 15,73 | 19,08 | 22,15 | 23,13 | 24,14 | 23,06 | 26,12 | 24,44 | 21,70 | 19,06 | 20,21 | 19,12 | 16,80 | 18,06 | 13,91 | 16,14 | 19,58 | 17,95 | 21,50 | 21,90 | 28,53 | 38,06 | 65,91 | |
PER minimum | 14,39 | 16,98 | 20,26 | 18,94 | 21,29 | 21,05 | 21,72 | 22,32 | 18,33 | 16,85 | 18,25 | 17,29 | 14,78 | 16,67 | 10,27 | 12,50 | 16,58 | 15,83 | 18,96 | 18,51 | 24,66 | 30,32 | 56,58 | |
RD% maximum | 3,98% | 4,34% | 3,82% | 4,27% | 3,40% | 3,40% | 3,44% | 3,34% | 3,64% | 3,99% | 3,60% | 3,70% | 4,01% | 2,27% | 5,77% | 4,67% | 3,74% | 4,03% | 3,94% | 3,95% | 3,75% | 3,35% | 2,66% | |
RD% moyenne | 3,67% | 3,91% | 3,52% | 3,62% | 3,04% | 3,13% | 2,94% | 3,07% | 3,15% | 3,57% | 3,28% | 3,38% | 3,58% | 2,11% | 4,57% | 3,81% | 3,24% | 3,60% | 3,52% | 3,42% | 3,30% | 2,79% | 2,33% | |
RD% minimum | 3,36% | 3,48% | 3,22% | 2,96% | 2,68% | 2,86% | 2,45% | 2,80% | 2,66% | 3,16% | 2,96% | 3,06% | 3,15% | 1,94% | 3,37% | 2,95% | 2,74% | 3,18% | 3,10% | 2,89% | 2,85% | 2,22% | 2,00% | |
Prix / Valeur comptable maximum | 6,86 | 7,49 | 8,79 | 11,65 | 14,87 | 11,13 | 9,68 | 8,45 | 9,49 | 7,18 | 6,55 | #¡REF! | #¡REF! | 7,27 | 5,57 | 6,84 | 9,23 | 7,51 | 9,73 | 11,80 | 11,80 | 12,04 | 10,18 | |
Prix / valeur comptable moyenne | 6,32 | 6,75 | 8,10 | 9,86 | 13,30 | 10,24 | 8,28 | 7,77 | 8,22 | 6,43 | 5,97 | #¡REF! | #¡REF! | 6,75 | 4,42 | 5,59 | 8,01 | 6,72 | 8,71 | 10,22 | 10,39 | 10,00 | 8,92 | |
Prix / Valeur comptable minimum | 5,78 | 6,00 | 7,41 | 8,08 | 11,73 | 9,35 | 6,89 | 7,10 | 6,94 | 5,69 | 5,39 | #¡REF! | #¡REF! | 6,24 | 3,26 | 4,33 | 6,78 | 5,93 | 7,68 | 8,64 | 8,98 | 7,97 | 7,65 | |
EV / EBITDA maximum | 12,02 | 14,45 | 14,94 | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | |
EV / EBITDA moyen | 11,23 | 13,26 | 13,92 | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | |
EV / EBITDA minimum | 10,43 | 12,07 | 12,90 | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! | #¡REF! |
BPA / Dividende / PER moyen
Évolution de la dette
CFE-CFI-PID = Cash Flow de Explotación - Cash Flow de Inversión - Pago de Intereses de la Deuda. Comparar esta cifra con el "Pago por dividendos" da una idea aproximada (no exacta) de la capacidad de la empresa para mantener y/o incrementar su dividendo actual. Algunas empresas incluyen el pago de intereses de la deuda en el CFE y otras en el de CFF (Financiación). Si está en el CFE el cálculo es CFE-CFI y ya no hay que restar nada más, lógicamente.
El EBITDA y el EBIT de las empresas españolas lo calculo sin hacer ningún ajuste por motivos extraordinarios.