MFEB

MFE-MediaForEurope WBAG:MFEB Stock Report

Last Price

€0.79

Market Cap

€1.5b

7D

1.2%

1Y

-72.5%

Updated

16 May, 2022

Data

Company Financials +
MFEB fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

MFEB Stock Overview

MFE-MediaForEurope N.V. primarily operates in the television industry in Italy and Spain.

MFE-MediaForEurope Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MFE-MediaForEurope
Historical stock prices
Current Share Price€0.79
52 Week High€3.23
52 Week Low€0.78
Beta0.89
1 Month Change-18.05%
3 Month Change-32.84%
1 Year Change-72.54%
3 Year Change-71.83%
5 Year Changen/a
Change since IPO-72.70%

Recent News & Updates

Shareholder Returns

MFEBAT MediaAT Market
7D1.2%2.9%3.5%
1Y-72.5%-22.6%-4.2%

Return vs Industry: MFEB underperformed the Austrian Media industry which returned -23.3% over the past year.

Return vs Market: MFEB underperformed the Austrian Market which returned -5.4% over the past year.

Price Volatility

Is MFEB's price volatile compared to industry and market?
MFEB volatility
MFEB Average Weekly Movement7.8%
Media Industry Average Movement5.8%
Market Average Movement5.6%
10% most volatile stocks in AT Market8.7%
10% least volatile stocks in AT Market2.6%

Stable Share Price: MFEB is more volatile than 75% of Austrian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: MFEB's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Austrian stocks.

About the Company

FoundedEmployeesCEOWebsite
19874,735Dudi Berlusconihttps://www.mfemediaforeurope.com

MFE-MediaForEurope N.V. primarily operates in the television industry in Italy and Spain. The company engages in the content production and third-party content acquisition; and content distribution in linear and non-linear, and free-to-air and pay-per-view television across various platforms and radio content. It is also involved in the advertising sale for television operations through its concessionaires, and radio broadcasters and websites; and film production and distribution, publishing, licensing and merchandising, and advertising concessions for third-party publishing houses through Digitalia and foreign media through Publieurope.

MFE-MediaForEurope Fundamentals Summary

How do MFE-MediaForEurope's earnings and revenue compare to its market cap?
MFEB fundamental statistics
Market Cap€1.50b
Earnings (TTM)€374.10m
Revenue (TTM)€2.88b

4.8x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MFEB income statement (TTM)
Revenue€2.88b
Cost of Revenue€1.92b
Gross Profit€959.70m
Other Expenses€585.60m
Earnings€374.10m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

May 24, 2022

Earnings per share (EPS)0.16
Gross Margin33.32%
Net Profit Margin12.99%
Debt/Equity Ratio34.0%

How did MFEB perform over the long term?

See historical performance and comparison

Dividends

6.3%

Current Dividend Yield

30%

Payout Ratio

Does MFEB pay a reliable dividends?

See MFEB dividend history and benchmarks
When do you need to buy MFEB by to receive an upcoming dividend?
MFE-MediaForEurope dividend dates
Ex Dividend DateSep 19 2022
Dividend Pay DateSep 21 2022
Days until Ex dividend124 days
Days until Dividend pay date126 days

Does MFEB pay a reliable dividends?

See MFEB dividend history and benchmarks

Valuation

Is MFE-MediaForEurope undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: MFEB (€0.79) is trading below our estimate of fair value (€2.01)

Significantly Below Fair Value: MFEB is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: MFEB is good value based on its PE Ratio (4.8x) compared to the European Media industry average (14.8x).

PE vs Market: MFEB is good value based on its PE Ratio (4.8x) compared to the Austrian market (12.5x).


Price to Earnings Growth Ratio

PEG Ratio: MFEB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: MFEB is good value based on its PB Ratio (0.7x) compared to the XE Media industry average (1.7x).


Future Growth

How is MFE-MediaForEurope forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-8.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MFEB's earnings are forecast to decline over the next 3 years (-8.4% per year).

Earnings vs Market: MFEB's earnings are forecast to decline over the next 3 years (-8.4% per year).

High Growth Earnings: MFEB's earnings are forecast to decline over the next 3 years.

Revenue vs Market: MFEB's revenue (0.7% per year) is forecast to grow slower than the Austrian market (2% per year).

High Growth Revenue: MFEB's revenue (0.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MFEB's Return on Equity is forecast to be low in 3 years time (8.9%).


Past Performance

How has MFE-MediaForEurope performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


71.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MFEB has high quality earnings.

Growing Profit Margin: MFEB's current net profit margins (13%) are higher than last year (5.3%).


Past Earnings Growth Analysis

Earnings Trend: MFEB has become profitable over the past 5 years, growing earnings by 71.7% per year.

Accelerating Growth: MFEB's earnings growth over the past year (168.6%) exceeds its 5-year average (71.7% per year).

Earnings vs Industry: MFEB earnings growth over the past year (168.6%) exceeded the Media industry 68.3%.


Return on Equity

High ROE: MFEB's Return on Equity (14.1%) is considered low.


Financial Health

How is MFE-MediaForEurope's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MFEB's short term assets (€1.4B) exceed its short term liabilities (€1.4B).

Long Term Liabilities: MFEB's short term assets (€1.4B) exceed its long term liabilities (€1.0B).


Debt to Equity History and Analysis

Debt Level: MFEB's net debt to equity ratio (24.2%) is considered satisfactory.

Reducing Debt: MFEB's debt to equity ratio has reduced from 60.3% to 34% over the past 5 years.

Debt Coverage: MFEB's debt is well covered by operating cash flow (90.3%).

Interest Coverage: MFEB earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is MFE-MediaForEurope current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


6.31%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 17 2022Ex Dividend DateSep 19 2022Dividend Pay DateSep 21 20222 days from Ex DividendBuy in the next 124 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: MFEB's dividend (6.31%) is higher than the bottom 25% of dividend payers in the Austrian market (1.55%).

High Dividend: MFEB's dividend (6.31%) is in the top 25% of dividend payers in the Austrian market (4.55%)


Stability and Growth of Payments

Stable Dividend: MFEB's dividend payments have been volatile in the past 10 years.

Growing Dividend: MFEB's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (30.5%), MFEB's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (23%), MFEB's dividend payments are well covered by cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.5yrs

Average management tenure


CEO

Dudi Berlusconi (52 yo)

7.08yrs

Tenure

€2,001,489

Compensation

Mr. Pier Silvio Berlusconi, also known as Dudi, serves as the President of Reti Televisive Italiane S.p.A. Mr. Berlusconi has been Chief Executive Officer of Mediaset NV (formerly known as Mediaset SpA) si...


CEO Compensation Analysis

Compensation vs Market: Dudi's total compensation ($USD2.08M) is about average for companies of similar size in the Austrian market ($USD1.84M).

Compensation vs Earnings: Dudi's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: MFEB's management team is seasoned and experienced (7.5 years average tenure).


Board Members

Experienced Board: MFEB's board of directors are seasoned and experienced ( 14.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 100.6%.


Top Shareholders

Company Information

MFE-MediaForEurope N.V.'s employee growth, exchange listings and data sources


Key Information

  • Name: MFE-MediaForEurope N.V.
  • Ticker: MFEB
  • Exchange: WBAG
  • Founded: 1987
  • Industry: Broadcasting
  • Sector: Media
  • Implied Market Cap: €1.504b
  • Shares outstanding: 2.28b
  • Website: https://www.mfemediaforeurope.com

Number of Employees


Location

  • MFE-MediaForEurope N.V.
  • Viale Europa 46
  • Cologno Monzese
  • Milan
  • Milan
  • 20093
  • Italy

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/16 00:00
End of Day Share Price2022/05/16 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.