Vivendi SE (EPA:VIV) Could Be Riskier Than It Looks
Apr 24
French (CAC) Media Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies31
- 7D2.0%
- 3M8.3%
- 1Y15.2%
- YTD13.8%
In the last week, the Media industry is up 2.4%, with Publicis Groupe up 3.6%. This means that the industry has gained 16% over the past year. As for the next few years, earnings are expected to grow by 13% per annum.
Industry Valuation and Performance
Has the French Media Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | €53.1b | €46.0b | €2.9b | 18.6x | 18.5x | 1.2x |
| Sat, 23 Mar 2024 | €51.3b | €45.9b | €2.8b | 18x | 18x | 1.1x |
| Mon, 19 Feb 2024 | €51.5b | €44.6b | €1.7b | 16.2x | 29.8x | 1.2x |
| Wed, 17 Jan 2024 | €47.4b | €44.5b | €1.7b | 16.6x | 28.5x | 1.1x |
| Fri, 15 Dec 2023 | €44.9b | €44.5b | €1.7b | 16.1x | 26.9x | 1x |
| Sun, 12 Nov 2023 | €40.4b | €44.5b | €1.7b | 14.2x | 24.3x | 0.9x |
| Tue, 10 Oct 2023 | €39.2b | €44.6b | €1.6b | 13x | 24.1x | 0.9x |
| Thu, 07 Sep 2023 | €40.7b | €44.5b | €1.6b | 14.1x | 25x | 0.9x |
| Sat, 05 Aug 2023 | €41.1b | €44.5b | €1.6b | 12.7x | 25.2x | 0.9x |
| Mon, 03 Jul 2023 | €42.1b | €43.2b | €1.5b | 13.5x | 27.5x | 1x |
| Wed, 31 May 2023 | €41.2b | €43.1b | €1.5b | 14.2x | 26.9x | 1x |
| Fri, 28 Apr 2023 | €44.4b | €43.2b | €1.5b | 15.1x | 28.9x | 1x |
| Sun, 26 Mar 2023 | €42.4b | €43.1b | €1.5b | 12.8x | 27.4x | 1x |
| Tue, 21 Feb 2023 | €45.5b | €43.5b | €2.1b | 14x | 21.3x | 1x |
| Thu, 19 Jan 2023 | €42.2b | €41.1b | €2.0b | 11.5x | 20.6x | 1x |
| Sat, 17 Dec 2022 | €38.8b | €41.1b | €2.0b | 11.3x | 19x | 0.9x |
| Mon, 14 Nov 2022 | €39.5b | €41.0b | €2.0b | 11.6x | 19.3x | 1x |
| Wed, 12 Oct 2022 | €33.8b | €41.0b | €2.1b | 11.5x | 16.4x | 0.8x |
| Fri, 09 Sep 2022 | €34.9b | €41.0b | €2.1b | 12.1x | 17x | 0.9x |
| Sun, 07 Aug 2022 | €36.6b | €41.0b | €2.1b | 12x | 17.8x | 0.9x |
| Tue, 05 Jul 2022 | €36.2b | €37.9b | €1.2b | 10.8x | 29.7x | 1x |
| Thu, 02 Jun 2022 | €41.8b | €37.9b | €1.2b | 11.3x | 34.2x | 1.1x |
| Sat, 30 Apr 2022 | €43.8b | €37.7b | €1.1b | 13.8x | 39.2x | 1.2x |
| Mon, 28 Mar 2022 | €45.3b | €37.6b | €1.1b | 14x | 41.5x | 1.2x |
| Wed, 23 Feb 2022 | €46.1b | €44.2b | €2.5b | 14x | 18.6x | 1x |
| Fri, 21 Jan 2022 | €45.7b | €42.9b | €1.9b | 13.9x | 23.8x | 1.1x |
| Sun, 19 Dec 2021 | €43.5b | €42.9b | €1.9b | 13.8x | 22.8x | 1x |
| Tue, 16 Nov 2021 | €46.0b | €42.9b | €1.9b | 15.1x | 24x | 1.1x |
| Thu, 14 Oct 2021 | €43.4b | €42.8b | €1.9b | 13.7x | 22.7x | 1x |
| Sat, 11 Sep 2021 | €31.6b | €26.0b | €720.8m | 16.5x | 43.8x | 1.2x |
| Mon, 09 Aug 2021 | €30.6b | €26.0b | €720.8m | 15.9x | 42.5x | 1.2x |
| Sun, 02 May 2021 | €29.9b | €25.5b | €392.5m | 17.4x | 76.1x | 1.2x |
Price to Earnings Ratio
76.1x
Current Industry PE
- Investors are pessimistic on the French Media industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 18.5x which is lower than its 3-year average PE of 29.5x.
- The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Media industry have grown 94% per year over the last three years.
- Revenues for these companies have grown 22% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the French Telecom industry?
| FR Market | 1.16% | |
| Telecom | 1.36% | |
| Media | 2.01% | |
| Advertising | 2.79% | |
| Broadcasting | 0.73% | |
| Publishing | 0.49% | |
| Cable and Satellite | 0.21% | |
Industry PE
- Investors are most optimistic about the Cable and Satellite industry which is trading above its 3-year average PE ratio of 10.5x.
- Analysts are expecting annual earnings decline of 2.2%, which is less than its past year's earnings decline of 38.6%.
- Investors are most pessimistic about the Broadcasting industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Publishing industry, expecting annual earnings growth of 29% over the next 5 years.
- This is better than its past earnings growth rate of 10% per year.
- In contrast, the Cable and Satellite industry is expected to see its earnings decline by 2.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PUB Publicis Groupe | €105.00 | 3.6% +€900.5m | 39.4% | PE20x | |
| VIV Vivendi | €9.95 | 1.9% +€186.5m | 1.8% | PE23.3x | |
| DEC JCDecaux | €19.44 | 3.6% +€142.8m | -2.8% | PE19.8x | |
| MMT Métropole Télévision | €14.46 | 2.3% +€40.2m | -3.3% | PE7.8x | |
| MMB Lagardere | €20.50 | 0.5% +€14.1m | -3.1% | PE20.8x |
