How does VIV's PE Ratio compare to its peers?

VIV is good value based on its Price-To-Earnings Ratio (22.9x) compared to the peer average (23.4x).

How does VIV's PE Ratio compare vs other companies in the European Media Industry?

VIV is expensive based on its Price-To-Earnings Ratio (22.9x) compared to the European Media industry average (12.2x).

What is VIV's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate VIV's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of VIV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

VIV (€8.68) is trading below our estimate of [[fair value]] (€16.76)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Vivendi (WBAG:VIV) - Stock Price, News & Analysis

VIV Stock Overview

Operates as an entertainment, media, and communication company in France, the rest of Europe, the Americas, Asia/Oceania, and Africa. More details

VIV fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	2/6
Financial Health	5/6
Dividends	3/6

Rewards

Trading at 48.2% below our estimate of its fair value

Earnings are forecast to grow 31.05% per year

Became profitable this year

Analysts in good agreement that stock price will rise by 44.3%

Risk Analysis

Unstable dividend track record

Vivendi SE Competitors

Nexstar Media Group

NasdaqGS:NXST

US$5.3b

MBC Group

SASE:4072

ر.س15.5b

Fox

NasdaqGS:FOXA

US$20.8b

TBS HoldingsInc

TSE:9401

JP¥597.4b

Price History & Performance

Summary of all time highs, changes and price drops for Vivendi
Historical stock prices
Current Share Price	€8.68
52 Week High	€11.10
52 Week Low	€8.58
Beta	0.89
11 Month Change	-15.09%
3 Month Change	-13.35%
1 Year Change	-1.43%
33 Year Change	-22.83%
5 Year Change	-64.62%
Change since IPO	-58.99%

Recent updates

Shareholder Returns

	VIV	AT Media	AT Market
7D	-2.9%	1.6%	-0.6%
1Y	-1.4%	1.0%	2.5%

Return vs Industry: VIV underperformed the Austrian Media industry which returned 1% over the past year.

Return vs Market: VIV underperformed the Austrian Market which returned 2.5% over the past year.

Price Volatility

Is VIV's price volatile compared to industry and market?
VIV volatility
VIV Average Weekly Movement	2.9%
Media Industry Average Movement	4.4%
Market Average Movement	3.6%
10% most volatile stocks in AT Market	6.6%
10% least volatile stocks in AT Market	1.8%

Stable Share Price: VIV has not had significant price volatility in the past 3 months compared to the Austrian market.

Volatility Over Time: VIV's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1853	39,200	Arnaud de Puyfontaine	www.vivendi.com

Vivendi SE operates as an entertainment, media, and communication company in France, the rest of Europe, the Americas, Asia/Oceania, and Africa. It operates through Canal+ Group, Lagardère, Havas, Prisma Media, Gameloft, Vivendi Village, New Initiatives, and Generosity and Solidarity 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 SE Fundamentals Summary

How do Vivendi's earnings and revenue compare to its market cap?
VIV fundamental statistics
Market cap	€8.91b
Earnings (TTM)	€389.00m
Revenue (TTM)	€14.86b

22.9x

P/E Ratio

0.6x

P/S Ratio

Is VIV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VIV income statement (TTM)
Revenue	€14.86b
Cost of Revenue	€7.78b
Gross Profit	€7.08b
Other Expenses	€6.69b
Earnings	€389.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.39
Gross Margin	47.65%
Net Profit Margin	2.62%
Debt/Equity Ratio	33.4%

How did VIV perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

66%

Payout Ratio

VIV Stock Overview

Rewards

Risk Analysis

Vivendi SE Competitors

NasdaqGS:NXST

US$5.3b

SASE:4072

ر.س15.5b

NasdaqGS:FOXA

US$20.8b

TSE:9401

JP¥597.4b

Price History & Performance

Recent News & Updates

First half 2024 earnings released: EPS: €0.16 (vs €0.20 in 1H 2023)

Vivendi Announces the Conclusion of A Settlement Agreement with All the Institutional Investors

Vivendi SE Approves Cash Dividend for the Fiscal Year 2023, Payable from May 3, 2024

Upcoming dividend of €0.25 per share

Dividend of €0.25 announced

Full year 2023 earnings released: EPS: €0.40 (vs €0.69 loss in FY 2022)

Recent updates

First half 2024 earnings released: EPS: €0.16 (vs €0.20 in 1H 2023)

Vivendi Announces the Conclusion of A Settlement Agreement with All the Institutional Investors

Vivendi SE Approves Cash Dividend for the Fiscal Year 2023, Payable from May 3, 2024

Upcoming dividend of €0.25 per share

Dividend of €0.25 announced

Full year 2023 earnings released: EPS: €0.40 (vs €0.69 loss in FY 2022)

Vivendi SE Proposes Ordinary Cash Dividend for the Fiscal Year 2023, Payable from May 3, 2024

Vivendi SE to Report Fiscal Year 2023 Results on Mar 07, 2024

New minor risk - Shareholder dilution

Vivendi Reportedly to Consider Options for Stake in Telecom Italia

Vivendi SE (ENXTPA:VIV) completed the acquisition of 12.46% stake in Lagardere SA (ENXTPA:MMB) for €450 million.

Vivendi SE (ENXTPA:VIV) completed the acquisition of remaining 55% stake in Lagardere SA (ENXTPA:MMB).

Vivendi Appoints Damien Marchi as Executive Vice-President, Corporate Social Responsibility

Groupe Figaro SAS signed an agreement to acquire Gala from Vivendi SE (ENXTPA:VIV).

New minor risk - Shareholder dilution

First half 2023 earnings released: EPS: €0.17 (vs €0.47 in 1H 2022)

Vivendi in Talks to Sell Gala Magazine to Groupe Figaro

Vivendi SE to Report First Half, 2023 Results on Jul 27, 2023

Upcoming dividend of €0.25 per share at 2.6% yield

Full year 2022 earnings released: €0.69 loss per share (vs €0.70 loss in FY 2021)

Vivendi: Gameloft Appoints Alexandre De Rochefort as Chief Executive Officer

Vivendi Se Announces Executive Changes

Vivendi SE (ENXTPA:VIV) completed the acquisition of Lagardere SA (ENXTPA:MMB).

Vivendi Appoints Charlotte Levy-Frébault as Director of Internal Communications

Vivendi Group Announces Executive Changes

First half 2022 earnings released: EPS: €0.47 (vs €0.033 in 1H 2021)

Vivendi SE Approves the Distribution of an Ordinary Dividend for Fiscal Year 2021, Payable as from April 28, 2022

Upcoming dividend of €0.25 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Vivendi SE, Annual General Meeting, Apr 25, 2022

Vivendi SE (ENXTPA:VIV) acquired 8.5% stake in Progressif Media from Zewatchers Sa.

Telecom Italia Hires Goldman Sachs and LionTree to Advise on the Takeover Approach by KKR

Vivendi SE (ENXTPA:VIV) commences an Equity Buyback Plan for 592,997,810 shares, representing 10% for €3,261.49 million, under the authorization approved on June 22, 2021.

Investor sentiment deteriorated over the past week

Pershing Square Holdings, Ltd. (ENXTAM:PSH), a fund managed by Pershing Square Capital Management, L.P. completed the acquisition of an additional 2.9% stake in Universal Music Group B.V. from Vivendi SE (ENXTPA:VIV)..

Pershing Square Holdings, Ltd. (ENXTAM:PSH) and Pershing Square International, Ltd., fund managed by Pershing Square Capital Management, L.P. acquired 7.1% stake Universal Music Group, Inc. from Vivendi SE (ENXTPA:VIV) for $2.8 billion.

First half 2021 earnings released: EPS €0.45 (vs €0.66 in 1H 2020)

Upcoming dividend of €0.60 per share

Artisan Partners Opposes Universal Music Group spin-off

Vivendi in Talks to Offload A Stake of Universal Music to Pershing Square

Vivendi SE (ENXTPA:VIV) completed the acquisition of PRISMA MEDIA, SNC from Gruner + Jahr GmbH.

Vivendi, Fininvest and Mediaset Put an End to Their Disputes

Vivendi SE (ENXTPA:VIV) agreed to acquire PRISMA MEDIA, SNC from Gruner + Jahr GmbH.

RTL Confirms Talks on Selling Stake in Groupe M6

Full year 2020 earnings released: EPS €1.26 (vs €1.28 in FY 2019)

Revenue beats expectations

Vivendi 'Scrutinizes' Potential Sale of Bertelsmann's Stake in M6

Vivendi SA to Report First Half, 2021 Results on Jul 28, 2021

Investor sentiment improved over the past week

Consortium led by Tencent Holdings Limited (SEHK:700), Tencent Music Entertainment Group (NYSE:TME) and certain global financial investors completed the acquisition of an additional 10% stake in Universal Music Group, Inc. from Vivendi SA (ENXTPA:VIV).

New 90-day high: €26.70

Consortium led by Tencent Holdings Limited (SEHK:700), Tencent Music Entertainment Group (NYSE:TME) and certain global financial investors agreed to acquire an additional 10% stake in Universal Music Group, Inc. from Vivendi SA (ENXTPA:VIV) for on an enterprise value of €30 billion.

Vivendi Enters into Exclusive Negotiations to Acquire Prisma Media

New 90-day high: €25.77

Italian Govt Reportedly Seeks Court Delay of Decision on Vivendi's Mediaset Stake

Bertelsmann Reportedly Front-Runner for Simon & Schuster Acquisition

New 90-day high: €25.40

Vivendi Announces Management Appointments

Tencent Holdings Reportedly Plans to Lift Stake in Universal Music Group