Executive Summary
TVA Group Inc. operates a communications company in Canada. More Details
Rewards
Risk Analysis
Snowflake Analysis
Very undervalued with flawless balance sheet.
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 is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: TVA.B's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
12.5%
TVA.B
0.2%
CA Media
0.7%
CA Market
1 Year Return
21.6%
TVA.B
-12.9%
CA Media
-2.0%
CA Market
Return vs Industry: TVA.B exceeded the Canadian Media industry which returned -12.8% over the past year.
Return vs Market: TVA.B exceeded the Canadian Market which returned -1.8% over the past year.
Shareholder returns
| TVA.B | Industry | Market | |
|---|---|---|---|
| 7 Day | 12.5% | 0.2% | 0.7% |
| 30 Day | 3.4% | 0.6% | 5.3% |
| 90 Day | 12.5% | -4.4% | 4.0% |
| 1 Year | 21.6%21.6% | -9.5%-12.9% | 1.6%-2.0% |
| 3 Year | -57.7%-57.7% | 2.7%-8.1% | 10.2%-0.5% |
| 5 Year | -56.2%-56.2% | 27.5%5.3% | 44.5%22.3% |
Long-Term 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
1 week ago | Simply Wall St
Should You Use TVA Group's (TSE:TVA.B) Statutory Earnings To Analyse It?1 month ago | Simply Wall St
Does TVA Group (TSE:TVA.B) Have A Healthy Balance Sheet?1 month ago | Simply Wall St
A Quick Analysis On TVA Group's (TSE:TVA.B) CEO SalaryValuation
Is TVA Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TVA.B (CA$1.8) is trading below our estimate of fair value (CA$4.54)
Significantly Below Fair Value: TVA.B is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TVA.B is good value based on its PE Ratio (3.7x) compared to the CA Media industry average (12.5x).
PE vs Market: TVA.B is good value based on its PE Ratio (3.7x) compared to the Canadian market (15x).
Price to Earnings Growth Ratio
PEG Ratio: TVA.B is good value based on its PEG Ratio (0.2x)
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 (1.1x).
Next Steps
Future Growth
How is TVA Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
18.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TVA.B's forecast earnings growth (18.4% per year) is above the savings rate (1.7%).
Earnings vs Market: TVA.B's earnings (18.4% per year) are forecast to grow slower than the Canadian market (26.1% per year).
High Growth Earnings: TVA.B's earnings are forecast to grow, but not significantly.
Revenue vs Market: TVA.B's revenue (1.1% per year) is forecast to grow slower than the Canadian market (6.1% per year).
High Growth Revenue: TVA.B's revenue (1.1% 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 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?
66.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TVA.B has high quality earnings.
Growing Profit Margin: TVA.B's current net profit margins (4%) are higher than last year (1.8%).
Past Earnings Growth Analysis
Earnings Trend: TVA.B has become profitable over the past 5 years, growing earnings by 66.8% per year.
Accelerating Growth: TVA.B's earnings growth over the past year (109.3%) exceeds its 5-year average (66.8% per year).
Earnings vs Industry: TVA.B earnings growth over the past year (109.3%) exceeded the Media industry 88.9%.
Return on Equity
High ROE: TVA.B's Return on Equity (7.5%) 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$253.3M) exceed its short term liabilities (CA$225.4M).
Long Term Liabilities: TVA.B's short term assets (CA$253.3M) exceed its long term liabilities (CA$58.4M).
Debt to Equity History and Analysis
Debt Level: TVA.B's debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: TVA.B's debt to equity ratio has reduced from 23.6% to 12.4% over the past 5 years.
Debt Coverage: TVA.B's debt is well covered by operating cash flow (82%).
Interest Coverage: TVA.B's interest payments on its debt are well covered by EBIT (18.7x coverage).
Balance Sheet
Next Steps
Dividend
What is TVA Group 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 recent 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 recent 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?
1.8yrs
Average management tenure
CEO
France Lauzière (53 yo)
3.08yrs
Tenure
CA$992,088
Compensation
Ms. France Lauzière serves as President & CEO of TVA Group Inc. and Chief of Content- Quebecor Content at Quebecor Media Inc. and at Quebecor Inc. since October 13, 2017. Ms. Lauzière served as Senior Vice...
CEO Compensation Analysis
Compensation vs Market: France's total compensation ($USD759.34K) is above average for companies of similar size in the Canadian market ($USD165.33K).
Compensation vs Earnings: France's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President & CEO | 3.08yrs | CA$992.09k | no data | |
| Vice President of Finance | 1.83yrs | CA$490.17k | no data | |
| Vice President of Productions | 1.83yrs | CA$706.21k | no data | |
| President of MELS | no data | CA$450.00k | no data | |
| Chief Legal Officer | 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 | 3.08yrs | no data | no data | |
| Senior VP & Chief Advertising Officer | 1.17yrs | no data | no data | |
| Corporate Secretary | no data | no data | no data | |
| Assistant Secretary | no data | no data | no data |
1.8yrs
Average Tenure
55yo
Average Age
Experienced Management: TVA.B's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Non-Independent Director | 13.5yrs | CA$60.25k | 0.010% CA$ 8.1k | |
| Non-Independent Director | 6.33yrs | CA$63.25k | 0.0079% CA$ 6.1k | |
| Independent Chairman | 6.67yrs | CA$150.00k | 0.025% CA$ 19.5k | |
| Independent Director | 3.5yrs | CA$74.50k | no data | |
| Independent Corporate Director | 17.5yrs | CA$69.92k | 0.014% CA$ 10.8k | |
| Independent Vice Chairman | no data | CA$92.91k | 0.017% CA$ 13.1k | |
| Independent Director | 12.83yrs | CA$68.87k | no data | |
| Independent Director | 6.33yrs | CA$72.00k | 0.0060% CA$ 4.7k |
6.7yrs
Average Tenure
68.5yo
Average Age
Experienced Board: TVA.B'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.
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 Broadcasti...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/23 23:34 |
| End of Day Share Price | 2020/11/23 00:00 |
| Earnings | 2020/09/30 |
| 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.