French (CAC) Media Industry Analysis

Industry Valuation and Performance

Has the French Media Industry valuation changed over the past few years?

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 14.6x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Media industry have remained mostly flat over the last three years, while revenues for these companies have grown 15% per year.This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the French Media industry?

Industry PE: Investors are most optimistic about the Publishing industry even though it's trading below its 3-year average PE ratio of 28.6x. This is likely because analysts are expecting annual earnings growth of 90%, which is higher than its past year's earnings growth of 63% per year. Meanwhile, investors are most pessimistic about the Cable and Satellite industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 9.9x.

Forecasted Growth: Analysts are most optimistic on the Publishing industry, expecting annual earnings growth of 90% over the next 5 years. This is better than it's past earnings growth rate of 63% per year. Meanwhile, the Cable and Satellite industry is expected to see its earnings grow by 2.1% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?