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Analyst Consensus | CVC

Consensus based on estimates of brokers who have provided forecasts to Visible Alpha. Columns as denoted represent the median, the average, highest and lowest analyst estimates for each line item, and as such, total values may not tie to the sum of components.

References to Revenue, EBITDA, Profit after tax, Management fees, Operating expenses, Management fee earnings and Performance fee earnings are equivalent to the pro forma and adjusted pro forma measures presented in the Group's 2024 Annual Report & Accounts.

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  1H25E 2025E 2026E 2027E
  Median Avg. Low High Median Avg. Low High Median Avg. Low High Median Avg. Low High
Closing FPAUM (€bn)
        147.0 146.9 144.9 148.7 152.1 152.7 149.4 157.1 173.8 171.9 153.9 187.0
                                 

Summary income statement (€m)
                               
Management fees 709 709 697 720 1,444 1,440 1,423 1,451 1,490 1,498 1,452 1,545 1,513 1,512 1,433 1,591
(+) Performance related earnings (PRE) 92 88 61 101 260 262 244 280 493 491 414 550 691 703 658 787
(+) Other operating income 2 2 1 2 4 3 2 4 4 4 2 5 4 4 2 5
Revenue 802 802 771 822 1,707 1,706 1,687 1,726 1,981

1,992

1,964 2,042 2,221 2,218 2,109 2,305
(-) Personnel expenses (224) (227) (220) (240) (447) (448) (444) (452) (488) (484) (470) (491) (517) (518) (494) (535)
(-) Other expenses (82) (82) (75) (90) (170) (169) (160) (178) (184) (183) (173) (189) (197) (195) (186) (200)
EBITDA 491 492 456 516 1,087 1,086 1,060 1,114 1,315 1,321 1,288 1,381 1,523 1,507 1,403 1,570
(-) D&A (19) (19) (15) (25) (39) (38) (35) (41) (39) (38) (35) (43) (39) (39) (35) (46)
(-) Net finance charges (19) (19) (25) (15) (39) (36) (40) (26) (39) (36) (40) (25) (39) (36) (40) (27)
(-) Tax (63) (64) (59) (70) (132) (132) (118) (140) (129) (133) (120) (148) (128) (129) (118) (155)
Profit after tax 385 390 358 417 874 880 861 909 1,107 1,114 1,071 1,178 1,312 1,303 1,210 1,362
Non-controlling interests (13) (12) (9) (16) (26) (27) (23) (33) (32) (32) (29) (39) (20) (22) (15) (30)
Profit after tax attrib. to shareholders 374 378 346 404 851 853 836 880 1,077 1,082 1,033 1,149 1,285 1,281 1,195 1,341

KPIs
                               
Management fee earnings (MFE, €m) 399 398 383 410 826 821 801 832 829 827 774 869 801 801 728 877
Management fees % Revenue 88% 89% 87% 92% 85% 84% 84% 85% 75% 75% 73% 79% 68% 68% 66% 71%
MFE margin 56% 57% 55% 59% 57% 57% 56% 59% 56% 55% 53% 57% 53% 53% 51% 56%
EBITDA margin 61% 61% 59% 62% 63% 64% 63% 65% 66% 66% 66% 68% 68% 68% 67% 69%


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Last updated 21 August 2025

Full list of analysts covering CVC Capital Partners plc

Institution

Analyst

ABN AMRO - ODDO BHF

Julian Dobrovolschi

Autonomous

Isobel Hettrick

Bank of America

Hubert Lam

Barclays

Michael Sanderson

BNP Paribas Exane

Arnaud Giblat

Citi

Nicholas Herman

Deutsche Bank

Sharath Kumar

Goldman Sachs

Oliver Carruthers

ING

Reg Watson

J.P. Morgan

Angeliki Bairaktari

Morgan Stanley

Bruce Hamilton

Redburn Atlantic

Charles Bendit

UBS

Haley Tam