Vivendi (WBAG:VIV) - Share price, News & Analysis

VIV fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	4/6
Past Performance	0/6
Financial Health	5/6
Dividends	2/6

VIV Stock Overview

Vivendi SE operates as a entertainment, media, and communication company in France, the rest of Europe, the Americas, Asia/Oceania, and Africa.

Rewards

Earnings are forecast to grow 76.26% per year

Risk Analysis

Dividend of 2.32% is not well covered by earnings

Vivendi Competitors

Netflix

NasdaqGS:NFLX

US$78.7b

Activision Blizzard

NasdaqGS:ATVI

US$60.9b

NetEase

NasdaqGS:NTES

US$58.0b

RELX

LSE:REL

UK£42.0b

Price History & Performance

Summary of all time highs, changes and price drops for Vivendi
Historical stock prices
Current Share Price	€10.85
52 Week High	€33.49
52 Week Low	€10.51
Beta	0.91
1 Month Change	-9.21%
3 Month Change	-5.28%
1 Year Change	-63.45%
3 Year Change	-54.18%
5 Year Change	n/a
Change since IPO	-48.78%

Shareholder Returns

	VIV	AT Media	AT Market
7D	-1.3%	0.5%	4.4%
1Y	-63.4%	-25.1%	-2.9%

Return vs Industry: VIV underperformed the Austrian Media industry which returned -22.9% over the past year.

Return vs Market: VIV underperformed the Austrian Market which returned -2.6% over the past year.

Price Volatility

Is VIV's price volatile compared to industry and market?
VIV volatility
VIV Average Weekly Movement	4.3%
Media Industry Average Movement	5.9%
Market Average Movement	5.6%
10% most volatile stocks in AT Market	8.8%
10% least volatile stocks in AT Market	2.7%

Stable Share Price: VIV is not significantly more volatile than the rest of Austrian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: VIV's weekly volatility has decreased from 10% to 4% over the past year.

About the Company

Founded	Employees	CEO	Website
1853	34,300	Arnaud de Puyfontaine	https://www.vivendi.com

Vivendi SE operates as a entertainment, media, and communication company in France, the rest of Europe, the Americas, Asia/Oceania, and Africa. It operates through Canal+ Group, Havas Group, Editis, Prisma Media, Gameloft, Vivendi Village, Corporate, and New Initiative segments. The Canal+ Group segment publishes and distributes premium and thematic pay-TV and free-to-air channels; and produces, sells, and distributes movies and TV series.

Vivendi Fundamentals Summary

How do Vivendi's earnings and revenue compare to its market cap?
VIV fundamental statistics
Market Cap	€11.28b
Earnings (TTM)	-€721.00m
Revenue (TTM)	€9.57b

1.2x

P/S Ratio

-15.6x

P/E Ratio

Is VIV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
VIV income statement (TTM)
Revenue	€9.57b
Cost of Revenue	€5.36b
Gross Profit	€4.21b
Other Expenses	€4.93b
Earnings	-€721.00m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-0.69
Gross Margin	44.00%
Net Profit Margin	-7.53%
Debt/Equity Ratio	22.3%

How did VIV perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

-37%

Payout Ratio

Valuation

Is Vivendi undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

0.59x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: VIV (€10.85) is trading above our estimate of fair value (€7.68)

Significantly Below Fair Value: VIV is trading above our estimate of fair value.

Price To Earnings Ratio

PE vs Industry: VIV is unprofitable, so we can't compare its PE Ratio to the European Media industry average.

PE vs Market: VIV is unprofitable, so we can't compare its PE Ratio to the Austrian market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VIV's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: VIV is good value based on its PB Ratio (0.6x) compared to the XE Media industry average (1.7x).

Future Growth

How is Vivendi forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

76.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VIV is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).

Earnings vs Market: VIV is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: VIV's is expected to become profitable in the next 3 years.

Revenue vs Market: VIV's revenue (2.9% per year) is forecast to grow faster than the Austrian market (1.9% per year).

High Growth Revenue: VIV's revenue (2.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: VIV's Return on Equity is forecast to be low in 3 years time (4%).

Past Performance

How has Vivendi performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-0.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: VIV is currently unprofitable.

Growing Profit Margin: VIV is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: VIV is unprofitable, and losses have increased over the past 5 years at a rate of 0.6% per year.

Accelerating Growth: Unable to compare VIV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VIV is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (68.4%).

Return on Equity

High ROE: VIV has a negative Return on Equity (-2.8%), as it is currently unprofitable.

Financial Health

How is Vivendi's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: VIV's short term assets (€10.7B) exceed its short term liabilities (€8.8B).

Long Term Liabilities: VIV's short term assets (€10.7B) exceed its long term liabilities (€5.4B).

Debt to Equity History and Analysis

Debt Level: VIV has more cash than its total debt.

Reducing Debt: VIV's debt to equity ratio has increased from 20.8% to 22.3% over the past 5 years.

Debt Coverage: VIV's debt is well covered by operating cash flow (38.3%).

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

Balance Sheet

Dividend

What is Vivendi current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

2.32%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: VIV's dividend (2.32%) is higher than the bottom 25% of dividend payers in the Austrian market (1.59%).

High Dividend: VIV's dividend (2.32%) is low compared to the top 25% of dividend payers in the Austrian market (4.47%).

Stability and Growth of Payments

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

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

Earnings Payout to Shareholders

Earnings Coverage: VIV is paying a dividend but the company is unprofitable.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (22.2%), VIV's dividend payments are well covered by cash flows.

Discover strong dividend paying companies

Management

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

7.9yrs

Average management tenure

CEO

Arnaud de Puyfontaine (57 yo)

8.5yrs

Tenure

€3,412,518

Compensation

Mr. Arnaud Roy de Puyfontaine, E.S.C.P., M.B.A., serves as Chairman Of Board at PRISMA MEDIA, SNC. He has been Chairman of Management Board at Vivendi SA since June 24, 2014 and has been a Member of Manage...

CEO Compensation Analysis

Compensation vs Market: Arnaud's total compensation ($USD3.61M) is about average for companies of similar size in the Austrian market ($USD3.94M).

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

Leadership Team

Experienced Management: VIV's management team is seasoned and experienced (7.9 years average tenure).

Board Members

Experienced Board: VIV's board of directors are considered experienced (6.7 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/19 00:00
End of Day Share Price	2022/05/19 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31