Company Valuation: TF1

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,836 1,506 1,505 1,544 1,757 1,421 - -
Change - -17.99% -0.08% 2.58% 13.82% -19.11% - -
Enterprise Value (EV) 1 1,702 1,180 999.7 1,038 1,242 1,048 1,041 1,072
Change - -30.64% -15.31% 3.79% 19.75% -15.65% -0.69% 3.04%
P/E 8.15x 8.62x 7.84x 7.54x 11.6x 16.5x 13.2x 10.4x
PBR 1.04x 0.81x 0.77x 0.75x 0.85x 0.7x 0.71x 0.74x
PEG - -0.4x 0.81x 1.14x -0.5x -0.4x 0.5x 0.4x
Capitalization / Revenue 0.76x 0.6x 0.66x 0.66x 0.76x 0.65x 0.64x 0.63x
EV / Revenue 0.7x 0.47x 0.44x 0.44x 0.54x 0.48x 0.47x 0.47x
EV / EBITDA 2.38x 1.55x 1.58x 1.48x 1.87x 1.83x 1.83x 1.77x
EV / EBIT 4.96x 3.73x 3.54x 3.59x 5.14x 6.8x 7.07x 5.74x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.45 0.5 0.55 0.6 0.63 0.645 0.6744 0.7233
Rate of return 5.16% 6.99% 7.71% 8.2% 7.56% 9.54% 9.98% 10.7%
EPS 2 1.07 0.83 0.91 0.97 0.72 0.4109 0.5103 0.6488
Distribution rate 42.1% 60.2% 60.4% 61.9% 87.5% 157% 132% 111%
Net sales 1 2,427 2,508 2,297 2,356 2,297 2,182 2,230 2,271
EBITDA 1 714.2 762.1 632.4 700 665.3 571.9 569.1 606.5
EBIT 1 343.2 316.2 282.7 289 241.8 154.1 147.2 186.9
Net income 1 225.3 176.1 191.9 206 152.8 88.19 105.3 140
Net Debt 1 -134.8 -325.7 -505.1 -506.1 -514.6 -373.3 -380.5 -348.9
Reference price 2 8.725 7.155 7.135 7.315 8.330 6.760 6.760 6.760
Nbr of stocks (in thousands) 210,486 210,486 210,898 211,022 210,925 210,240 - -
Announcement Date 11/02/22 15/02/23 15/02/24 13/02/25 13/02/26 - - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
16.22x1.99x9.07x1.59% 165B
43.79x6.26x26.9x-.--% 24.09B
18.13x1.98x19.46x1.64% 5.74B
39.89x - - 2.24% 3.76B
10.55x0.88x5.54x6.85% 3.65B
14.33x1.71x18.56x4.93% 3.53B
-4.8x1.98x7.39x-.--% 3.32B
13.18x0.56x4.52x1.27% 3.06B
7.36x0.71x3.22x6.33% 2.28B
Average 17.63x 2.01x 11.83x 2.76% 23.79B
Weighted average by Cap. 19.20x 2.42x 11.33x 1.59%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield