ProSiebenSat.1 Media SE

ENXTBR:PSMP Stock Report

Market Cap: €1.4b

ProSiebenSat.1 Media Valuation

Is PSMP undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: PSMP (€6.36) is trading below our estimate of fair value (€20.38)

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


Key Valuation Metric

Which metric is best to use when looking at relative valuation for PSMP?

Other financial metrics that can be useful for relative valuation.

PSMP key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.9x
Enterprise Value/EBITDA7.3x
PEG Ration/a

Price to Sales Ratio vs Peers

How does PSMP's PS Ratio compare to its peers?

The above table shows the PS ratio for PSMP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.7x
TNET Telenet Group Holding
0.8x0.9%€2.3b
KIN Kinepolis Group
1.8x4.3%€1.1b
EMTK Elang Mahkota Teknologi
2.5x19.8%Rp23.1t
ZEEL Zee Entertainment Enterprises
1.6x7.1%₹138.2b
PSMP ProSiebenSat.1 Media
0.4x3.3%€1.4b

Price-To-Sales vs Peers: PSMP is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (1.2x).


Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a12.8%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a12.8%
n/an/an/a
No more companies

Price-To-Sales vs Industry: PSMP is good value based on its Price-To-Sales Ratio (0.4x) compared to the European Media industry average (0.7x).


Price to Sales Ratio vs Fair Ratio

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

PSMP PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.4x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate PSMP's Price-To-Sales Fair Ratio for valuation analysis.


Analyst Price Targets

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

The above table shows the analyst PSMP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
€9.23
0%
23.0%€15.00€6.50n/a13
Apr ’25n/a
€9.23
0%
23.0%€15.00€6.50n/a13
Mar ’25n/a
€9.23
0%
23.0%€15.00€6.50n/a13
Feb ’25n/a
€9.23
0%
23.0%€15.00€6.50n/a13
Jan ’25n/a
€9.23
0%
23.0%€15.00€6.50n/a13
Dec ’24n/a
€9.23
0%
23.0%€15.00€6.50n/a13
Nov ’24n/a
€9.23
0%
23.0%€15.00€6.50n/a13
Oct ’24€6.36
€9.31
+46.3%
22.6%€15.00€6.50n/a13
Sep ’24€7.73
€9.21
+19.1%
23.0%€15.00€6.50n/a14
Aug ’24€9.09
€9.21
+1.3%
24.3%€15.00€6.00n/a14
Jul ’24€9.14
€9.26
+1.4%
24.0%€15.00€6.00n/a14
Jun ’24n/a
€9.19
0%
23.7%€15.00€6.00n/a14
May ’24€8.02
€9.68
+20.7%
22.3%€15.00€6.00n/a14
Apr ’24n/a
€9.72
0%
21.6%€15.00€6.00n/a14
Mar ’24€9.51
€9.94
+4.6%
24.8%€15.00€6.00n/a14
Feb ’24n/a
€9.94
0%
24.8%€15.00€6.00n/a14
Jan ’24n/a
€9.61
0%
28.9%€15.00€6.00n/a15
Dec ’23n/a
€10.12
0%
32.3%€16.00€6.20n/a15
Nov ’23n/a
€10.08
0%
34.9%€16.00€5.91n/a15
Oct ’23€9.48
€12.51
+32.0%
31.6%€20.00€7.00€6.3615
Sep ’23n/a
€13.13
0%
30.6%€20.00€7.29€7.7315
Aug ’23n/a
€14.26
0%
30.1%€22.50€8.00€9.0915
Jul ’23€9.50
€15.08
+58.7%
25.8%€22.50€8.70€9.1415
Jun ’23n/a
€15.45
0%
26.1%€22.50€8.70n/a16
May ’23€12.10
€16.48
+36.2%
23.6%€23.00€10.00€8.0216

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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