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TNET

Telenet Group Holding WBAG:TNET Stock Report

Last Price

€25.24

Market Cap

€2.8b

7D

-1.6%

1Y

-21.6%

Updated

23 May, 2022

Data

Company Financials +
TNET fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health1/6
Dividends4/6

TNET Stock Overview

Telenet Group Holding NV provides basic and enhanced video services to residential and business customers in Belgium and Luxembourg.

Telenet Group Holding Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Telenet Group Holding
Historical stock prices
Current Share Price€25.24
52 Week High€34.76
52 Week Low€24.70
Beta0.82
1 Month Change-17.25%
3 Month Change-18.05%
1 Year Change-21.57%
3 Year Change-47.20%
5 Year Changen/a
Change since IPO-59.06%

Recent News & Updates

Shareholder Returns

TNETAT MediaAT Market
7D-1.6%-0.6%1.9%
1Y-21.6%-23.7%-1.9%

Return vs Industry: TNET exceeded the Austrian Media industry which returned -23.9% over the past year.

Return vs Market: TNET underperformed the Austrian Market which returned -3.2% over the past year.

Price Volatility

Is TNET's price volatile compared to industry and market?
TNET volatility
TNET Average Weekly Movement4.3%
Media Industry Average Movement5.3%
Market Average Movement5.4%
10% most volatile stocks in AT Market9.2%
10% least volatile stocks in AT Market2.7%

Stable Share Price: TNET is less volatile than 75% of Austrian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: TNET's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19943,000John Porterhttps://investors.telenet.be

Telenet Group Holding NV provides basic and enhanced video services to residential and business customers in Belgium and Luxembourg. The company offers high definition, pay television, and video-on-demand services; broadband Internet services; fixed-line and mobile telephony voice and data services; interconnection services; and value-added services, such as hosting, managed security, and cloud services. The company also sells mobile handsets and set-top boxes; and provides product activation and installation services.

Telenet Group Holding Fundamentals Summary

How do Telenet Group Holding's earnings and revenue compare to its market cap?
TNET fundamental statistics
Market Cap€2.76b
Earnings (TTM)€441.70m
Revenue (TTM)€2.59b

6.2x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TNET income statement (TTM)
Revenue€2.59b
Cost of Revenue€1.29b
Gross Profit€1.30b
Other Expenses€863.10m
Earnings€441.70m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Jul 28, 2022

Earnings per share (EPS)4.05
Gross Margin50.29%
Net Profit Margin17.02%
Debt/Equity Ratio-452.2%

How did TNET perform over the long term?

See historical performance and comparison

Dividends

10.9%

Current Dividend Yield

68%

Payout Ratio

Valuation

Is Telenet Group Holding undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


48.9%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: TNET (€25.24) is trading below our estimate of fair value (€49.41)

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


Price To Earnings Ratio

PE vs Industry: TNET is good value based on its PE Ratio (6.2x) compared to the European Media industry average (14.8x).

PE vs Market: TNET is good value based on its PE Ratio (6.2x) compared to the Austrian market (12.7x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TNET has negative assets, so we can't compare its PB Ratio to the XE Media industry average.


Future Growth

How is Telenet Group Holding forecast to perform in the next 1 to 3 years based on estimates from 17 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


-1.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TNET's earnings are forecast to decline over the next 3 years (-1.5% per year).

Earnings vs Market: TNET's earnings are forecast to decline over the next 3 years (-1.5% per year).

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

Revenue vs Market: TNET's revenue (1.4% per year) is forecast to grow slower than the Austrian market (1.9% per year).

High Growth Revenue: TNET's revenue (1.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if TNET's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Telenet Group Holding performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


26.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TNET has high quality earnings.

Growing Profit Margin: TNET's current net profit margins (17%) are higher than last year (11.6%).


Past Earnings Growth Analysis

Earnings Trend: TNET's earnings have grown significantly by 26.6% per year over the past 5 years.

Accelerating Growth: TNET's earnings growth over the past year (48.1%) exceeds its 5-year average (26.6% per year).

Earnings vs Industry: TNET earnings growth over the past year (48.1%) underperformed the Media industry 68.4%.


Return on Equity

High ROE: TNET's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Telenet Group Holding's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TNET has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: TNET has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: TNET has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: TNET's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: TNET's debt is not well covered by operating cash flow (17.8%).

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


Balance Sheet


Dividend

What is Telenet Group Holding 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


10.88%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: TNET's dividend (10.88%) is higher than the bottom 25% of dividend payers in the Austrian market (1.6%).

High Dividend: TNET's dividend (10.88%) is in the top 25% of dividend payers in the Austrian market (4.49%)


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (68%), TNET's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (58%), TNET's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

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

7.1yrs

Average management tenure


CEO

John Porter (64 yo)

9.08yrs

Tenure

€6,004,813

Compensation

Mr. John C. Porter has been the Chief Executive Officer at Telenet N.V. and Telenet Group Holding NV since April 01, 2013. As CEO, Mr. Porter is responsible for the day-to-day operations. He joined Telenet...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD6.42M) is above average for companies of similar size in the Austrian market ($USD1.97M).

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


Leadership Team

Experienced Management: TNET's management team is seasoned and experienced (7.1 years average tenure).


Board Members

Experienced Board: TNET's board of directors are considered experienced (4.1 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Telenet Group Holding NV's employee growth, exchange listings and data sources


Key Information

  • Name: Telenet Group Holding NV
  • Ticker: TNET
  • Exchange: WBAG
  • Founded: 1994
  • Industry: Cable and Satellite
  • Sector: Media
  • Implied Market Cap: €2.757b
  • Shares outstanding: 109.05m
  • Website: https://investors.telenet.be

Number of Employees


Location

  • Telenet Group Holding NV
  • Liersesteenweg 4
  • Mechelen
  • Brussels
  • 2800
  • Belgium

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Earnings2022/03/31
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.