TotalEnergies SE enters August 2025 with resilient cash generation but softer topline trends. The stock has fallen 14.62% over the past year, closing the week at 53.50, near its 50‑day moving average of 52.89 and below the 200‑day at 54.27. Trailing 12‑month revenue stands at 187.12B with a 6.83% profit margin and 9.52% operating margin; net income is 12.79B and operating cash flow totals 28.2B. The forward dividend yield is a hefty 6.40% on a 3.4 per‑share annual rate, with a 64.42% payout ratio, and the next ex‑dividend date is 1 October 2025. Analysts covering the ADR cite a mid‑$60s consensus target, while a South African court has halted approval of a company oil block, underscoring project‑execution risk. Our three‑year outlook balances high income against regulatory and commodity uncertainty.

Nestlé (NESN.SW) enters August 2025 with defensive fundamentals but mixed momentum. Over the past year, the shares fell 17.71%, closing the latest week at 75.56, versus a 52‑week range of 69.90–91.72. The group generated 90.9B in trailing 12‑month revenue with an 11.34% profit margin and 16.07% operating margin; EBITDA stands at 17.56B and net income at 10.31B. Cash generation remains solid (14.58B operating cash flow; levered free cash flow 5.76B), supporting a 3.05 dividend per share (4.07% forward yield) despite a 76.25% payout ratio. Leverage and liquidity are watch‑points (65.6B total debt, 225.85% debt‑to‑equity, 0.71 current ratio). With a trailing P/E of 18.73 and forward P/E of 17.27, the market prices modest growth and stability (beta 0.40). This three‑year outlook explores how margins, regulation, and capital allocation could shape returns.

Ahold Delhaize (AD.AS) enters late‑2025 with steady top‑line progress and disciplined cash generation, but margins and leverage remain the swing factors for the next three years. The grocer delivered trailing‑twelve‑month revenue of 91.65B, with quarterly sales up 3.30% year on year, while net and operating margins sit at 2.02% and 3.98%, respectively. Operating cash flow reached 6.54B and levered free cash flow 3.09B, supporting a 3.45% forward dividend yield with a 57.92% payout ratio (ex‑dividend 8/8/2025). Shares closed the latest week at 34.41, versus a 52‑week range of 29.78–38.76, a 50‑day average of 35.03 and a 200‑day average of 34.49. With beta at 0.28 and return on equity of 12.69%, Ahold offers a defensive profile, yet a 138.61% debt‑to‑equity and 0.72 current ratio keep execution and balance‑sheet discipline in sharp focus.

SONY GROUP CORPORATION (6758.T) enters August 2025 with improving momentum. The stock has risen 46.32% over the past year, sitting above its 50-day and 200-day moving averages (¥3,779.52 and ¥3,553.58), and near a 52-week high of ¥4,298 after closing the latest week at ¥4,071. Fundamentals remain solid: trailing-12-month revenue is ¥13.01T with a 13.03% operating margin and 8.81% profit margin; cash and debt are roughly balanced at about ¥1.6T each, and the payout ratio is 10.18% on a forward dividend of ¥25 (0.61% yield). Recent headlines point to portfolio focus and innovation, including a sale of its EVO stake and new AI-driven audio tools. This note outlines a three-year outlook to August 2028, highlighting drivers, risks, and scenarios for shareholders.