Executive Summary
TVA Group Inc. operates a communications company in Canada.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and fair value.
Similar Companies
Share Price & News
How has TVA Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TVA.B's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-9.5%
TVA.B
10.0%
CA Media
4.5%
CA Market
1 Year Return
-7.2%
TVA.B
-13.4%
CA Media
-24.5%
CA Market
Return vs Industry: TVA.B exceeded the Canadian Media industry which returned -13.4% over the past year.
Return vs Market: TVA.B exceeded the Canadian Market which returned -24.5% over the past year.
Shareholder returns
| TVA.B | Industry | Market | |
|---|---|---|---|
| 7 Day | -9.5% | 10.0% | 4.5% |
| 30 Day | -23.4% | -6.5% | -20.1% |
| 90 Day | 21.6% | -15.4% | -24.9% |
| 1 Year | -7.2%-7.2% | -10.6%-13.4% | -22.0%-24.5% |
| 3 Year | -50.7%-50.7% | 4.4%-7.7% | -14.2%-22.2% |
| 5 Year | -66.6%-66.6% | 10.1%-11.9% | -1.9%-16.5% |
Price Volatility Vs. Market
How volatile is TVA Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Could The TVA Group Inc. (TSE:TVA.B) Ownership Structure Tell Us Something Useful?1 month ago | Simply Wall St
Is It Too Late To Consider Buying TVA Group Inc. (TSE:TVA.B)?2 months ago | Simply Wall St
A Rising Share Price Has Us Looking Closely At TVA Group Inc.'s (TSE:TVA.B) P/E RatioValuation
Is TVA Group undervalued compared to its fair value and its price relative to the market?
4.73x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate TVA.B's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate TVA.B's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: TVA.B is good value based on its PE Ratio (4.7x) compared to the Media industry average (6.7x).
PE vs Market: TVA.B is good value based on its PE Ratio (4.7x) compared to the Canadian market (10.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TVA.B's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TVA.B is good value based on its PB Ratio (0.3x) compared to the CA Media industry average (0.7x).
Next Steps
Future Growth
How is TVA Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
-3.3%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if TVA.B's forecast earnings growth is above the savings rate (1.4%).
Earnings vs Market: Insufficient data to determine if TVA.B's earnings are forecast to grow faster than the Canadian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TVA.B's revenue is expected to decline over the next 3 years (-3.3% per year).
High Growth Revenue: TVA.B's revenue is forecast to decline over the next 3 years (-3.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TVA.B's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has TVA Group performed over the past 5 years?
50.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TVA.B has a large one-off loss of CA$6.1M impacting its December 31 2019 financial results.
Growing Profit Margin: TVA.B's current net profit margins (2.9%) are higher than last year (1.6%).
Past Earnings Growth Analysis
Earnings Trend: TVA.B has become profitable over the past 5 years, growing earnings by 50.8% per year.
Accelerating Growth: TVA.B's earnings growth over the past year (81.7%) exceeds its 5-year average (50.8% per year).
Earnings vs Industry: TVA.B earnings growth over the past year (81.7%) underperformed the Media industry 81.7%.
Return on Equity
High ROE: TVA.B's Return on Equity (5.7%) is considered low.
Next Steps
Financial Health
How is TVA Group's financial position?
Financial Position Analysis
Short Term Liabilities: TVA.B's short term assets (CA$258.0M) exceed its short term liabilities (CA$252.5M).
Long Term Liabilities: TVA.B's short term assets (CA$258.0M) exceed its long term liabilities (CA$32.5M).
Debt to Equity History and Analysis
Debt Level: TVA.B's debt to equity ratio (15.5%) is considered satisfactory.
Reducing Debt: TVA.B's debt to equity ratio has reduced from 68.5% to 15.5% over the past 5 years.
Balance Sheet
Inventory Level: TVA.B has a high level of physical assets or inventory.
Debt Coverage by Assets: TVA.B's debt is covered by short term assets (assets are 5.8x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TVA.B is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: TVA.B is profitable, therefore cash runway is not a concern.
Next Steps
Dividend
What is TVA Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TVA.B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate TVA.B's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TVA.B's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TVA.B's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TVA.B is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TVA.B's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.2yrs
Average management tenure
CEO
France Lauzière (52yo)
2.42s
Tenure
CA$908,475
Compensation
Ms. France Lauzière serves as President & CEO of TVA Group Inc. and Chief of Content- Quebecor Content at Quebecor Media Inc. and at Quebecor. Ms. Lauzière served as Senior Vice President of Quebecor Conte ...
CEO Compensation Analysis
Compensation vs Market: France's total compensation ($USD642.51K) is above average for companies of similar size in the Canadian market ($USD159.13K).
Compensation vs Earnings: France's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 2.42yrs | CA$908.48k | no data | |
| Vice President of Productions | 1.17yrs | CA$643.17k | no data | |
| President of MELS | no data | CA$574.78k | no data | |
| Vice President of Finance | 1.17yrs | no data | no data | |
| Chief Legal Officer & Corporate Secretary | no data | no data | no data | |
| Vice President of Communications | no data | no data | no data | |
| Vice President of Marketing | no data | no data | no data | |
| Vice-President of Human Resources | no data | no data | no data | |
| VP & COO - Content | 2.42yrs | no data | no data | |
| Senior VP & Chief Advertising Officer | 0.42yr | no data | no data |
1.2yrs
Average Tenure
52yo
Average Age
Experienced Management: TVA.B's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Independent Director | 12.83yrs | CA$62.50k | 0.010% CA$8.1k | |
| Non-Independent Director | 5.67yrs | CA$62.50k | 0.0079% CA$6.1k | |
| Independent Chairman | 6yrs | CA$150.00k | 0.025% CA$19.5k | |
| Independent Director | 2.83yrs | CA$74.50k | no data | |
| Independent Corporate Director | 16.83yrs | CA$80.50k | 0.014% CA$10.8k | |
| Independent Vice Chairman | no data | CA$89.00k | 0.017% CA$13.1k | |
| Independent Director | 12.17yrs | CA$62.50k | no data | |
| Independent Director | 5.67yrs | CA$72.00k | 0.0060% CA$4.7k |
6.0yrs
Average Tenure
67.5yo
Average Age
Experienced Board: TVA.B's board of directors are considered experienced (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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
TVA Group Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: TVA Group Inc.
- Ticker: TVA.B
- Exchange: TSX
- Founded: 1960
- Industry: Broadcasting
- Sector: Media
- Market Cap: CA$77.770m
- Shares outstanding: 43.21m
- Website: https://www.groupetva.ca
Number of Employees
Location
- TVA Group Inc.
- 1600 de Maisonneuve Boulevard East
- Montreal
- Quebec
- H2L 4P2
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TVA.B | TSX (The Toronto Stock Exchange) | Yes | Class B Shares | CA | CAD | Jan 1976 |
| TVAG.F | OTCPK (Pink Sheets LLC) | Yes | Class B Shares | US | USD | Jan 1976 |
Biography
TVA Group Inc. operates a communications company in Canada. It operates through four segments: Broadcasting, Magazines, Film Production & Audiovisual Services, and Production & Distribution. The Broadcasting segment creates, produces, and broadcasts entertainment, sports, news, and public affairs programming, as well as engages in commercial production; operates a French-language television network, as well as provides nine specialty services; and markets digital products associated with various televisual brands. The Magazines segment publishes magazines in various fields, such as the arts, entertainment, television, fashion, and decoration; markets digital products associated with various magazine brands; and provides custom publishing services. The Film Production & Audiovisual Services segment offers soundstage, mobile, and equipment rental services, as well as dubbing, postproduction and visual effects. The Production & Distribution segment produces and distributes television shows, movies, and television series worldwide. The company was formerly known as Télé-Métropole Inc. and changed its name to TVA Group Inc. in February 1998. TVA Group Inc. was founded in 1960 and is headquartered in Montreal, Canada. TVA Group Inc. is a subsidiary of Quebecor Media Inc.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 01:22 |
| End of Day Share Price | 2020/03/30 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.