Market Cool On Portobello S.p.A.'s (BIT:POR) Revenues Pushing Shares 25% Lower
Jul 12
Italian (Borsa Italiana) Media Industry Analysis
UpdatedJul 31, 2024
DataAggregated Company Financials
Companies26
- 7D-1.8%
- 3M10.2%
- 1Y19.8%
- YTD21.8%
Over the last 7 days, the Media industry has dropped 3.2%, driven by a pullback from MFE-Mediaforeurope of 1.9%. On the other hand Cairo Communication is actually up 5.1%. This takes the industry's 12 month performance to a gain of 18%. As for the next few years, earnings are expected to grow by 11% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 31 Jul 2024 | €4.2b | €6.5b | €361.1m | 11.1x | 11.6x | 0.6x |
| Fri, 28 Jun 2024 | €3.8b | €6.2b | €319.3m | 10.8x | 12x | 0.6x |
| Sun, 26 May 2024 | €3.7b | €6.2b | €312.8m | 10x | 11.8x | 0.6x |
| Tue, 23 Apr 2024 | €3.7b | €7.2b | €348.7m | 9.3x | 10.6x | 0.5x |
| Thu, 21 Mar 2024 | €3.4b | €7.1b | €399.1m | 9.4x | 8.6x | 0.5x |
| Sat, 17 Feb 2024 | €3.4b | €7.1b | €396.8m | 9.5x | 8.5x | 0.5x |
| Mon, 15 Jan 2024 | €3.6b | €7.2b | €395.0m | 9.3x | 9.2x | 0.5x |
| Wed, 13 Dec 2023 | €3.3b | €7.0b | €398.0m | 8.8x | 8.2x | 0.5x |
| Fri, 10 Nov 2023 | €3.0b | €7.1b | €409.9m | 8.1x | 7.4x | 0.4x |
| Sun, 08 Oct 2023 | €3.0b | €7.1b | €414.6m | 6.9x | 7.2x | 0.4x |
| Tue, 05 Sep 2023 | €3.3b | €7.0b | €445.5m | 9.1x | 7.4x | 0.5x |
| Thu, 03 Aug 2023 | €3.4b | €7.0b | €429.0m | 9.7x | 7.9x | 0.5x |
| Sat, 01 Jul 2023 | €3.3b | €7.0b | €430.3m | 9x | 7.8x | 0.5x |
| Mon, 29 May 2023 | €3.3b | €7.0b | €425.8m | 9.5x | 7.7x | 0.5x |
| Wed, 26 Apr 2023 | €3.3b | €7.0b | €394.5m | 15.1x | 8.4x | 0.5x |
| Fri, 24 Mar 2023 | €3.2b | €6.9b | €315.4m | 15.2x | 10.2x | 0.5x |
| Sun, 19 Feb 2023 | €3.1b | €6.8b | €338.7m | 10.5x | 9.2x | 0.5x |
| Tue, 17 Jan 2023 | €3.0b | €6.8b | €338.7m | 11.5x | 8.9x | 0.4x |
| Thu, 15 Dec 2022 | €2.8b | €6.8b | €338.7m | 10.3x | 8.3x | 0.4x |
| Sat, 12 Nov 2022 | €2.9b | €6.8b | €403.9m | 9.3x | 7.1x | 0.4x |
| Mon, 10 Oct 2022 | €2.5b | €6.8b | €403.9m | 8.6x | 6.3x | 0.4x |
| Wed, 07 Sep 2022 | €2.9b | €6.8b | €495.4m | 18.2x | 5.9x | 0.4x |
| Fri, 05 Aug 2022 | €3.1b | €6.7b | €526.6m | 19.5x | 5.8x | 0.5x |
| Sun, 03 Jul 2022 | €2.9b | €6.7b | €531.0m | 19.3x | 5.5x | 0.4x |
| Tue, 31 May 2022 | €3.2b | €6.6b | €520.2m | 29.1x | 6.2x | 0.5x |
| Thu, 28 Apr 2022 | €5.0b | €6.8b | €649.3m | 41.7x | 7.7x | 0.7x |
| Sat, 26 Mar 2022 | €8.1b | €9.6b | €1.0b | 16.1x | 8x | 0.8x |
| Mon, 21 Feb 2022 | €8.2b | €9.6b | €1.0b | 14.6x | 8.2x | 0.9x |
| Wed, 19 Jan 2022 | €9.0b | €9.6b | €1.0b | 15.8x | 9x | 0.9x |
| Fri, 17 Dec 2021 | €8.7b | €9.6b | €1.0b | 15x | 8.6x | 0.9x |
| Sun, 14 Nov 2021 | €6.5b | €6.7b | €577.3m | 16.9x | 11.3x | 1x |
| Tue, 12 Oct 2021 | €6.1b | €6.6b | €558.5m | 18.5x | 10.9x | 0.9x |
| Thu, 09 Sep 2021 | €6.1b | €6.6b | €557.8m | 21.4x | 10.9x | 0.9x |
| Sat, 07 Aug 2021 | €6.0b | €6.3b | €347.5m | 25.3x | 17.4x | 1x |
Price to Earnings Ratio
17.4x
Current Industry PE
- Investors are optimistic on the Italian Media industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 11.4x which is higher than its 3-year average PE of 8.8x.
- The industry is trading close to its 3-year average PS ratio of 0.58x.
Past Earnings Growth
- Both revenue and earnings for companies in the Media industry have remained mostly flat over the last three years.
- This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.
Industry Trends
Which industries have driven the changes within the Italian Telecom industry?
| IT Market | -1.63% | |
| Telecom | 0.11% | |
| Media | -1.85% | |
| Publishing | 0.39% | |
| Cable and Satellite | 0% | |
| Broadcasting | -1.87% | |
| Advertising | -4.91% | |
Industry PE
- Investors are most optimistic about the Advertising industry even though it's trading below its 3-year average PE ratio of 183x.
- Analysts are expecting annual earnings growth of 7.1%, which is lower than the prior year's growth of 11.6% per year.
- 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 of 7.4x.
Forecasted Growth
- Analysts are most optimistic on the Broadcasting industry, expecting annual earnings growth of 13% over the next 5 years.
- This is better than its past earnings growth rate of 9.7% per year.
- In contrast, the Publishing industry is expected to see its earnings grow by 6.6% 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 | |
|---|---|---|---|---|---|
| CAI Cairo Communication | €2.36 | 5.1% +€15.5m | 35.8% | PE8.1x | |
| MN Arnoldo Mondadori Editore | €2.65 | 1.1% +€7.8m | 23.8% | PE11.4x | |
| CED Caltagirone Editore | €1.28 | 1.2% +€1.6m | 23.2% | PE8.6x | |
| SMN Simone | €1.93 | 1.6% +€225.0k | n/a | n/a | |
| DGT DigiTouch | €2.01 | 0.8% +€204.0k | -7.4% | PE13.7x |
