ProSiebenSat.1 Media SE

XTRA:PSM Stock Report

Market Cap: €854.0m

ProSiebenSat.1 Media Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: PSM (€3.67) is trading below our estimate of future cash flow value (€13.25)

Significantly Below Future Cash Flow Value: PSM is trading below future cash flow value by more than 20%.

Key Valuation Metric

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

Key metric: As PSM is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for PSM. This is calculated by dividing PSM's market cap by their current revenue.
What is PSM's PS Ratio?
PS Ratio0.2x
Sales€3.60b
Market Cap€853.95m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for PSM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.8x
RRTL RTL Group
0.8x2.77%€4.8b
KA8 Klassik Radio
0.7xn/a€14.6m
TC1 Tele Columbus
0.8xn/a€328.5m
SAX Ströer SE KGaA
0.9x5.01%€1.9b
PSM ProSiebenSat.1 Media
0.2x2.13%€854.0m

Price-To-Sales vs Peers: PSM is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.8x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does PSM's PS Ratio compare vs other companies in the DE Media Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
WIG1 Sporttotal
0.03xn/aUS$1.17m
53Y Bonhill Group
0.02xn/aUS$398.20k
7PF0 Aike Media
0.005xn/aUS$17.53k
No more companies available in this PS range
PSM 0.2xIndustry Avg. 0.6xNo. of Companies4PS00.40.81.21.62+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: PSM is good value based on its Price-To-Sales Ratio (0.2x) compared to the European Media industry average (0.6x).

Price to Sales Ratio vs Fair Ratio

What is PSM'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.

PSM PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ratio0.9x

Price-To-Sales vs Fair Ratio: PSM is good value based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (0.9x).

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 PSM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€3.67
€5.30
+44.49%
22.73%€7.90€4.30n/a7
May ’27€4.05
€5.53
+36.49%
21.18%€7.90€4.30n/a8
Apr ’27€3.92
€5.70
+45.48%
19.46%€7.90€4.30n/a8
Mar ’27€4.70
€6.33
+34.71%
17.58%€8.15€5.00n/a8
Feb ’27€5.06
€6.52
+28.96%
15.52%€8.15€5.00n/a8
Jan ’27€4.87
€6.74
+38.59%
12.36%€8.15€5.50n/a8
Dec ’26€4.76
€6.71
+40.83%
11.72%€8.15€5.50n/a8
Nov ’26€5.29
€6.91
+30.68%
11.68%€8.15€5.80n/a8
Oct ’26€5.77
€7.03
+21.86%
10.38%€8.15€5.80n/a8
Sep ’26€8.20
€8.17
-0.32%
18.00%€11.40€6.80n/a8
Aug ’26€7.99
€8.07
+0.99%
19.12%€11.40€6.50n/a8
Jul ’26€7.11
€7.25
+1.97%
11.95%€9.50€6.50n/a8
Jun ’26€7.08
€7.25
+2.47%
11.95%€9.50€6.50€4.008
May ’26€6.15
€6.76
+9.95%
14.25%€9.00€5.70€4.058
Apr ’26€5.81
€7.27
+25.22%
16.25%€9.30€5.80€3.928
Mar ’26€5.87
€6.78
+15.60%
23.98%€10.00€4.70€4.7010
Feb ’26€5.57
€6.83
+22.73%
24.00%€10.00€4.70€5.0610
Jan ’26€4.96
€7.49
+51.06%
30.42%€13.00€5.00€4.8711
Dec ’25€4.61
€7.59
+64.45%
30.71%€13.00€5.30€4.7612
Nov ’25€5.53
€7.98
+44.21%
29.06%€13.00€5.30€5.2912
Oct ’25€5.87
€8.05
+37.25%
28.31%€13.00€5.80€5.7712
Sep ’25€5.75
€8.01
+39.40%
27.36%€12.50€5.80€8.2012
Aug ’25€6.26
€8.07
+28.86%
26.58%€12.50€6.00€7.9912
Jul ’25€6.69
€7.93
+18.46%
25.11%€12.50€6.00€7.1112
Jun ’25€7.60
€7.83
+3.10%
24.77%€12.50€6.00€7.0813
€5.3
Fair Value
30.8% undervalued intrinsic discount
7
Number of Analysts

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.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/05 09:16
End of Day Share Price 2026/06/05 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

ProSiebenSat.1 Media SE is covered by 23 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
JULIEN ROCHBarclays
Sarah SimonBerenberg
Annick MaasBernstein