SWX:TXGN

Stock Analysis Report

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Market Cap

CHF915.5m

Last Updated

2021/06/12 00:13 UTC

Data Sources

Company Financials +

Executive Summary

TX Group AG, a media company, publishes newspapers, magazines, and online media publications in Switzerland. More Details


Snowflake Analysis

Excellent balance sheet and fair value.

Share Price & News

How has TX Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TXGN is more volatile than 75% of Swiss stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: TXGN's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of Swiss stocks.


Market Performance


7 Day Return

2.0%

TXGN

0.4%

CH Media

1.9%

CH Market


1 Year Return

33.5%

TXGN

50.3%

CH Media

22.7%

CH Market

Return vs Industry: TXGN underperformed the Swiss Media industry which returned 50.6% over the past year.

Return vs Market: TXGN exceeded the Swiss Market which returned 22.7% over the past year.


Shareholder returns

TXGNIndustryMarket
7 Day2.0%0.4%1.9%
30 Day9.0%4.7%7.3%
90 Day18.4%6.7%8.9%
1 Year33.5%33.5%53.9%50.3%26.2%22.7%
3 Year-39.3%-45.0%0.2%-10.3%43.1%27.4%
5 Year-39.2%-48.1%3.1%-15.0%76.3%44.2%

Long-Term Price Volatility Vs. Market

How volatile is TX Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

38.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TXGN (CHF86.4) is trading below our estimate of fair value (CHF140.39)

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


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TXGN is good value based on its PB Ratio (0.5x) compared to the XE Media industry average (1.8x).


Future Growth

How is TX Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

0.01%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if TXGN's forecast earnings growth is above the savings rate (-0.3%).

Earnings vs Market: Insufficient data to determine if TXGN's earnings are forecast to grow faster than the Swiss market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TXGN's revenue (0.01% per year) is forecast to grow slower than the Swiss market (4.7% per year).

High Growth Revenue: TXGN's revenue (0.01% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TXGN's Return on Equity is forecast to be low in 3 years time (1.3%).


Past Performance

How has TX Group performed over the past 5 years?

-50.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TXGN is currently unprofitable.

Growing Profit Margin: TXGN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TXGN is unprofitable, and losses have increased over the past 5 years at a rate of 50.8% per year.

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

Earnings vs Industry: TXGN is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (-3.9%).


Return on Equity

High ROE: TXGN has a negative Return on Equity (-4.74%), as it is currently unprofitable.


Financial Health

How is TX Group's financial position?


Financial Position Analysis

Short Term Liabilities: TXGN's short term assets (CHF606.1M) exceed its short term liabilities (CHF480.7M).

Long Term Liabilities: TXGN's short term assets (CHF606.1M) exceed its long term liabilities (CHF274.5M).


Debt to Equity History and Analysis

Debt Level: TXGN's debt to equity ratio (1.3%) is considered satisfactory.

Reducing Debt: TXGN's debt to equity ratio has reduced from 12.7% to 1.3% over the past 5 years.

Debt Coverage: TXGN's debt is well covered by operating cash flow (511.7%).

Interest Coverage: TXGN is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Dividend

What is TX Group current dividend yield, its reliability and sustainability?

2.31%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TXGN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TXGN'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 TXGN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TXGN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: TXGN is not paying a notable dividend for the Swiss market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TXGN's dividend in 3 years as they are not forecast to pay a notable one for the Swiss market.


Next Steps

Management

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

3.4yrs

Average management tenure


CEO

Pietro Supino (55 yo)

0.92

Tenure

CHF1,704,000

Compensation

Dr. Pietro P. Supino serves as Director at JobCloud AG since October 2020. He has been a Publisher of TX Group AG (formerly known as Tamedia AG) since November 2015 has been its Chief Executive Officer and...


Leadership Team

Experienced Management: TXGN's management team is considered experienced (3.4 years average tenure).


Board Members

Experienced Board: TXGN's board of directors are considered experienced (7.3 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

TX Group AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TX Group AG
  • Ticker: TXGN
  • Exchange: SWX
  • Founded: 1893
  • Industry: Publishing
  • Sector: Media
  • Market Cap: CHF915.458m
  • Shares outstanding: 10.60m
  • Website: https://www.tamedia.ch

Number of Employees


Location

  • TX Group AG
  • Werdstrasse 21
  • Zurich
  • 8021
  • Switzerland

Listings


Biography

TX Group AG, a media company, publishes newspapers, magazines, and online media publications in Switzerland. The company operates through Paid Media, Free Media, and Marketplaces and Ventures divisions. It...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/12 00:13
End of Day Share Price2021/06/11 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.