Financials MFE-Mediaforeurope N.V. Börse Stuttgart

Equities

T0J2

NL0015001OI1

Broadcasting

Market Closed - Börse Stuttgart 15:29:09 28/06/2024 BST 5-day change 1st Jan Change
3.164 EUR +1.67% Intraday chart for MFE-Mediaforeurope N.V. +2.73% +37.27%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 605 474 2,492 1,161 1,487 1,993 - -
Enterprise Value (EV) 1 1,953 1,538 3,361 1,161 2,390 2,655 2,487 2,384
P/E ratio 15.6 x 17.4 x 7.78 x - 8.83 x 7.71 x 7.62 x 7.77 x
Yield 32% - - - 7.65% 6.29% 6.52% 6.6%
Capitalization / Revenue 0.21 x 0.18 x 0.86 x 0.41 x 0.53 x 0.68 x 0.68 x 0.68 x
EV / Revenue 0.67 x 0.58 x 1.15 x 0.41 x 0.85 x 0.91 x 0.85 x 0.82 x
EV / EBITDA 4.26 x 4.04 x 6.56 x 2.97 x 6.18 x 5.9 x 5.5 x 5.22 x
EV / FCF 5.01 x 4.93 x 6.79 x - 8.55 x 9.8 x 8.98 x 7.92 x
FCF Yield 19.9% 20.3% 14.7% - 11.7% 10.2% 11.1% 12.6%
Price to Book 1.22 x 0.89 x 0.53 x - 0.64 x 0.73 x 0.67 x 0.65 x
Nbr of stocks (in thousands) 227,428 227,222 464,411 516,034 542,480 560,224 - -
Reference price 2 13.30 10.43 6.225 2.808 3.267 4.050 4.050 4.050
Announcement Date 11/03/20 26/04/21 28/04/22 19/04/23 18/04/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,926 2,637 2,914 2,801 2,810 2,920 2,913 2,917
EBITDA 1 458.3 380.5 512.5 391.4 386.4 450.4 452.1 457.2
EBIT 1 354.6 269.7 475.6 322.5 302.3 368.2 363.7 356.9
Operating Margin 12.12% 10.23% 16.32% 11.51% 10.76% 12.61% 12.49% 12.24%
Earnings before Tax (EBT) 1 381.7 285.9 555.4 337.2 279.7 412 418.6 423.6
Net income 1 190.3 139.3 374.1 216.9 209.2 297.8 300.7 296.1
Net margin 6.5% 5.28% 12.84% 7.74% 7.44% 10.2% 10.32% 10.15%
EPS 2 0.8500 0.6000 0.8000 - 0.3700 0.5252 0.5312 0.5214
Free Cash Flow 1 389.6 311.8 495 - 279.6 271 277 301
FCF margin 13.32% 11.82% 16.99% - 9.95% 9.28% 9.51% 10.32%
FCF Conversion (EBITDA) 85.01% 81.94% 96.59% - 72.36% 60.17% 61.27% 65.84%
FCF Conversion (Net income) 204.73% 223.83% 132.32% - 133.65% 90.99% 92.12% 101.66%
Dividend per Share 2 4.250 - - - 0.2500 0.2547 0.2639 0.2673
Announcement Date 11/03/20 26/04/21 28/04/22 19/04/23 18/04/24 - - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2023 S2 2024 Q1
Net sales 1 1,387 921.6 654.3 734.2 1,388 511.6 901.1 646.6 723 492.6 948.2 - 699.8
EBITDA - 183.9 136 - - 106.4 - - - - - - -
EBIT 1 198.7 200.6 15.3 96.7 112 -14.4 - 19.3 101.6 -22.6 204 - 23.5
Operating Margin 14.32% 21.77% 2.34% 13.17% 8.07% -2.81% - 2.98% 14.05% -4.59% 21.51% - 3.36%
Earnings before Tax (EBT) - - - - - - 191.5 16.5 - - 185.1 161.4 -
Net income 1 - 100.3 - - - - 138.4 10.1 - - 138.2 122.1 16.8
Net margin - 10.88% - - - - 15.36% 1.56% - - 14.57% - 2.4%
EPS - 0.2000 - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - -
Announcement Date 15/09/21 28/04/22 25/05/22 28/09/22 28/09/22 16/11/22 19/04/23 24/05/23 01/08/23 24/11/23 18/04/24 18/04/24 23/05/24
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,348 1,064 869 - 903 662 494 392
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.942 x 2.797 x 1.696 x - 2.336 x 1.471 x 1.093 x 0.8563 x
Free Cash Flow 1 390 312 495 - 280 271 277 301
ROE (net income / shareholders' equity) 7.79% 5.41% 14.1% - 7.56% 9.41% 9.38% 9.23%
ROA (Net income/ Total Assets) 3.46% 2.38% 6.45% - 4.03% 5.93% 5.83% -
Assets 1 5,500 5,852 5,802 - 5,185 5,023 5,157 -
Book Value Per Share 2 10.90 11.70 11.70 - 5.110 5.570 6.020 6.270
Cash Flow per Share 4.200 3.600 2.170 - - - - -
Capex 1 567 492 497 - 466 428 416 430
Capex / Sales 19.36% 18.64% 17.04% - 16.6% 14.66% 14.28% 14.73%
Announcement Date 11/03/20 26/04/21 28/04/22 19/04/23 18/04/24 - - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
7
Last Close Price
4.05 EUR
Average target price
3.857 EUR
Spread / Average Target
-4.76%
Consensus

Quarterly revenue - Rate of surprise

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