Viaplay Group (STO:VPLAY B) May Have Issues Allocating Its Capital
Nov 26
Swedish (OMX) Media Industry Analysis
UpdatedNov 29, 2022
DataAggregated Company Financials
Companies11
- 7D5.9%
- 3M-18.7%
- 1Y-59.0%
- YTD-60.4%
The Media industry is up 6.8% in the last week, with Viaplay Group up 9.4%. During this same period, the Adtraction Group underperformed, falling 26%. However, the industry is down 57% over the past year. As for the next few years, earnings are expected to grow by 54% per annum.
Industry Valuation and Performance
Has the Swedish Media Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 29 Nov 2022 | kr21.8b | kr22.2b | kr154.9m | 26.6x | 140.6x | 1x |
| Thu, 27 Oct 2022 | kr19.7b | kr21.8b | kr68.6m | 24.4x | 287.1x | 0.9x |
| Sat, 24 Sep 2022 | kr23.5b | kr20.8b | kr245.6m | 24.2x | 95.6x | 1.1x |
| Mon, 22 Aug 2022 | kr28.2b | kr20.8b | kr250.6m | 28.4x | 112.4x | 1.4x |
| Wed, 20 Jul 2022 | kr24.2b | kr19.8b | kr97.7m | 23x | 247.9x | 1.2x |
| Fri, 17 Jun 2022 | kr23.7b | kr19.8b | kr100.2m | 22.1x | 236.6x | 1.2x |
| Sun, 15 May 2022 | kr31.2b | kr19.6b | kr108.8m | 29.1x | 286.5x | 1.6x |
| Tue, 12 Apr 2022 | kr40.6b | kr19.1b | -kr68,157,196.00 | 45.6x | -595.6x | 2.1x |
| Thu, 10 Mar 2022 | kr35.6b | kr19.5b | -kr96,706,399.00 | 46.6x | -367.8x | 1.8x |
| Sat, 05 Feb 2022 | kr41.6b | kr18.8b | kr76.5m | 22.4x | 543.3x | 2.2x |
| Mon, 03 Jan 2022 | kr52.7b | kr18.1b | kr54.5m | 21.2x | 967x | 2.9x |
| Wed, 01 Dec 2021 | kr50.0b | kr18.1b | kr48.8m | 38.1x | 1023.6x | 2.8x |
| Fri, 29 Oct 2021 | kr53.7b | kr18.0b | kr63.0m | 50.8x | 852.6x | 3x |
| Sun, 26 Sep 2021 | kr55.4b | kr17.8b | kr711.0m | 48.2x | 77.9x | 3.1x |
| Tue, 24 Aug 2021 | kr56.9b | kr17.8b | kr711.0m | 45.2x | 80x | 3.2x |
| Wed, 30 Jun 2021 | kr46.9b | kr17.8b | kr711.0m | 32.9x | 66x | 2.6x |
| Sat, 03 Apr 2021 | kr47.9b | kr17.1b | kr3.2b | 16.8x | 14.8x | 2.8x |
| Tue, 05 Jan 2021 | kr49.3b | kr17.3b | kr2.6b | 18.7x | 18.8x | 2.8x |
| Fri, 09 Oct 2020 | kr42.4b | kr17.9b | kr2.3b | 90x | 18.2x | 2.4x |
| Thu, 02 Jul 2020 | kr32.2b | kr17.4b | kr2.5b | 12.9x | 13.1x | 1.9x |
| Sun, 05 Apr 2020 | kr24.0b | kr18.1b | kr247.7m | 20.8x | 97.1x | 1.3x |
| Wed, 08 Jan 2020 | kr29.9b | kr18.0b | kr239.6m | 37.9x | 124.6x | 1.7x |
Price to Earnings Ratio
29.5x
Current Industry PE
- Investors are optimistic on the Swedish Media industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 143x which is higher than its 3-year average PE of 131x.
- The 3-year average PS ratio of 2.1x is higher than the industry's current PS ratio of 1.00x.
Past Earnings Growth
- The earnings for companies in the Media industry have declined 45% per year over the last three years.
- Meanwhile revenues for these companies have grown 7.2% 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, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Swedish Telecom industry?
| SE Market | 0.91% | |
| Telecom | 0.76% | |
| Media | 5.91% | |
| Broadcasting | 9.42% | |
| Cable and Satellite | 0% | |
| Publishing | -0.89% | |
| Advertising | -6.07% | |
Industry PE
- Investors are most optimistic about the Broadcasting industry even though it's trading below its 3-year average PE ratio of 39.3x.
- Analysts are expecting annual earnings growth of 48.2%, which is lower than the prior year's growth of 82.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Publishing industry, expecting annual earnings growth of 85% over the next 5 years.
- In contrast, the Advertising industry is expected to see its earnings grow by 45% 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 | |
|---|---|---|---|---|---|
| VPLAY B Viaplay Group | kr205.70 | 9.4% +kr1.4b | -53.6% | PE26.6x | |
| NEPA Nepa | kr43.90 | 13.4% +kr40.9m | -55.7% | PE10.5x | |
| TRAD TradeDoubler | kr4.20 | 5.0% +kr9.0m | -24.5% | PE8.2x | |
| ADVT Adverty | kr1.30 | 8.2% +kr3.1m | -75.9% | PS8.6x | |
| ENRO Eniro Group | kr0.90 | 3.7% +kr2.1m | -15.3% | PS0.07x |
