The Strong Earnings Posted By Italian Exhibition Group (BIT:IEG) Are A Good Indication Of The Strength Of The Business
Apr 15
Italian (Borsa Italiana) Media Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies27
- 7D2.0%
- 3M4.9%
- 1Y-0.7%
- YTD6.4%
In the last week, the Media industry is up 2.0%, with MFE-Mediaforeurope up 4.8%. In the same time, Simone was down 15%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Italian Media Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 20 Apr 2024 | €3.7b | €7.2b | €348.9m | 9.2x | 10.6x | 0.5x |
| Mon, 18 Mar 2024 | €3.3b | €7.1b | €399.1m | 9x | 8.3x | 0.5x |
| Wed, 14 Feb 2024 | €3.4b | €7.1b | €396.8m | 9.6x | 8.5x | 0.5x |
| Fri, 12 Jan 2024 | €3.6b | €7.2b | €395.0m | 9.2x | 9.1x | 0.5x |
| Sun, 10 Dec 2023 | €3.3b | €7.0b | €398.0m | 8.7x | 8.2x | 0.5x |
| Tue, 07 Nov 2023 | €2.9b | €7.1b | €411.3m | 7.7x | 7.1x | 0.4x |
| Thu, 05 Oct 2023 | €3.0b | €7.0b | €427.9m | 7.8x | 7.1x | 0.4x |
| Sat, 02 Sep 2023 | €3.3b | €7.0b | €446.4m | 9.1x | 7.4x | 0.5x |
| Mon, 31 Jul 2023 | €3.3b | €7.0b | €431.4m | 8.8x | 7.7x | 0.5x |
| Wed, 28 Jun 2023 | €3.3b | €7.0b | €430.3m | 8.7x | 7.7x | 0.5x |
| Fri, 26 May 2023 | €3.3b | €7.0b | €416.2m | 9.5x | 7.8x | 0.5x |
| Sun, 23 Apr 2023 | €3.4b | €7.0b | €394.5m | 15.3x | 8.5x | 0.5x |
| Tue, 21 Mar 2023 | €3.1b | €6.8b | €317.1m | 14.8x | 9.8x | 0.5x |
| Thu, 16 Feb 2023 | €3.1b | €6.8b | €338.7m | 10.6x | 9.3x | 0.5x |
| Sat, 14 Jan 2023 | €3.0b | €6.8b | €338.7m | 11.4x | 8.7x | 0.4x |
| Mon, 12 Dec 2022 | €2.8b | €6.8b | €338.7m | 10.2x | 8.4x | 0.4x |
| Wed, 09 Nov 2022 | €2.8b | €6.8b | €403.9m | 9.1x | 6.9x | 0.4x |
| Fri, 07 Oct 2022 | €2.6b | €6.8b | €406.3m | 9.8x | 6.3x | 0.4x |
| Sun, 04 Sep 2022 | €2.9b | €6.8b | €495.4m | 18.6x | 6x | 0.4x |
| Tue, 02 Aug 2022 | €3.1b | €6.7b | €526.6m | 19x | 5.9x | 0.5x |
| Thu, 30 Jun 2022 | €2.9b | €6.7b | €531.0m | 20.4x | 5.5x | 0.4x |
| Sat, 28 May 2022 | €3.2b | €6.6b | €520.2m | 29.1x | 6.1x | 0.5x |
| Mon, 25 Apr 2022 | €5.1b | €6.8b | €649.3m | 41.7x | 7.9x | 0.8x |
| Wed, 23 Mar 2022 | €8.1b | €9.6b | €1.0b | 15.1x | 7.8x | 0.8x |
| Fri, 18 Feb 2022 | €8.3b | €9.6b | €1.0b | 14.6x | 8.2x | 0.9x |
| Sun, 16 Jan 2022 | €8.9b | €9.6b | €1.0b | 16.2x | 8.9x | 0.9x |
| Tue, 14 Dec 2021 | €6.0b | €6.7b | €600.8m | 16x | 9.9x | 0.9x |
| Thu, 11 Nov 2021 | €6.5b | €6.6b | €558.5m | 17.5x | 11.6x | 1x |
| Sat, 09 Oct 2021 | €6.1b | €6.6b | €558.6m | 18.8x | 11x | 0.9x |
| Mon, 06 Sep 2021 | €6.2b | €6.6b | €557.8m | 21.7x | 11.1x | 0.9x |
| Wed, 04 Aug 2021 | €6.0b | €6.3b | €347.5m | 25.3x | 17.2x | 0.9x |
| Sat, 08 May 2021 | €5.8b | €6.0b | €236.5m | 26.2x | 24.4x | 1x |
Price to Earnings Ratio
24.4x
Current Industry PE
- Investors are relatively neutral on the Italian Media industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 9.7x.
- The industry is trading close to its 3-year average PS ratio of 0.62x.
Past Earnings Growth
- The earnings for companies in the Media industry have grown 14% per year over the last three years.
- Revenues for these companies have grown 6.1% 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 Italian Telecom industry?
| IT Market | 0.14% | |
| Telecom | -1.33% | |
| Media | 1.96% | |
| Broadcasting | 4.71% | |
| Publishing | 0.0062% | |
| Cable and Satellite | 0% | |
| Advertising | -0.56% | |
Industry PE
- Investors are most optimistic about the Publishing industry even though it's trading below its 3-year average PE ratio of 13.7x.
- Analysts are expecting annual earnings growth of 4.0%, which is lower than the prior year's growth of 19.6% per year.
Forecasted Growth
- Analysts are most optimistic on the Advertising industry, expecting annual earnings growth of 43% over the next 5 years.
- This is better than its past earnings growth rate of 12% per year.
- In contrast, the Publishing industry is expected to see its earnings grow by 4.0% 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 | |
|---|---|---|---|---|---|
| MFEB MFE-Mediaforeurope | €3.57 | 7.0% +€125.9m | -2.0% | PE9.3x | |
| IEG Italian Exhibition Group | €4.76 | 1.3% +€1.8m | 88.1% | PE11.4x | |
| S24 Il Sole 24 ORE | €0.66 | 2.8% +€1.2m | 32.8% | PE5.6x | |
| PMT Promotica | €2.08 | 3.0% +€1.0m | -25.7% | PE24.7x | |
| SEIF Società Editoriale Il Fatto | €0.30 | 5.2% +€338.5k | 16.4% | PS0.2x |
