XTRA:RRTL

Stock Analysis Report

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Executive Summary

RTL Group S.A. operates television (TV) channels, streaming services, and radio stations worldwide.


Snowflake Analysis

Flawless balance sheet with outstanding track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: RRTL has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

12.6%

RRTL

6.8%

DE Media

6.8%

DE Market


1 Year Return

-22.0%

RRTL

-7.8%

DE Media

5.6%

DE Market

Return vs Industry: RRTL underperformed the German Media industry which returned -7.5% over the past year.

Return vs Market: RRTL underperformed the German Market which returned 4.4% over the past year.


Shareholder returns

RRTLIndustryMarket
7 Day12.6%6.8%6.8%
30 Day16.1%15.0%14.0%
90 Day-4.6%-2.1%7.5%
1 Year-22.0%-22.0%-6.0%-7.8%7.4%5.6%
3 Year-44.0%-50.0%-30.3%-37.2%0.3%-7.3%
5 Year-48.0%-57.7%-27.2%-40.7%12.4%-2.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

50.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RRTL (€34.3) is trading below our estimate of fair value (€68.57)

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


Price To Earnings Ratio

PE vs Industry: RRTL is good value based on its PE Ratio (7x) compared to the Media industry average (29.9x).

PE vs Market: RRTL is good value based on its PE Ratio (7x) compared to the German market (20.1x).


Price to Earnings Growth Ratio

PEG Ratio: RRTL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: RRTL is good value based on its PB Ratio (1.6x) compared to the DE Media industry average (2.1x).


Next Steps

Future Growth

How is RTL Group forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

-2.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RRTL's earnings are forecast to decline over the next 3 years (-2.8% per year).

Earnings vs Market: RRTL's earnings are forecast to decline over the next 3 years (-2.8% per year).

High Growth Earnings: RRTL's earnings are forecast to decline over the next 3 years.

Revenue vs Market: RRTL's revenue is expected to decline over the next 3 years (-0.07% per year).

High Growth Revenue: RRTL's revenue is forecast to decline over the next 3 years (-0.07% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RRTL's Return on Equity is forecast to be low in 3 years time (15.8%).


Next Steps

Past Performance

How has RTL Group performed over the past 5 years?

0.01%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RRTL has high quality earnings.

Growing Profit Margin: RRTL's current net profit margins (11.3%) are higher than last year (10.3%).


Past Earnings Growth Analysis

Earnings Trend: RRTL's earnings have grown by 0.01% per year over the past 5 years.

Accelerating Growth: RRTL's earnings growth over the past year (12.9%) exceeds its 5-year average (0.01% per year).

Earnings vs Industry: RRTL earnings growth over the past year (12.9%) exceeded the Media industry -3.2%.


Return on Equity

High ROE: RRTL's Return on Equity (22.6%) is considered high.


Next Steps

Financial Health

How is RTL Group's financial position?


Financial Position Analysis

Short Term Liabilities: RRTL's short term assets (€4.0B) exceed its short term liabilities (€3.5B).

Long Term Liabilities: RRTL's short term assets (€4.0B) exceed its long term liabilities (€1.7B).


Debt to Equity History and Analysis

Debt Level: RRTL's debt to equity ratio (20.6%) is considered satisfactory.

Reducing Debt: RRTL's debt to equity ratio has reduced from 33.5% to 20.6% over the past 5 years.

Debt Coverage: RRTL's debt is well covered by operating cash flow (137.7%).

Interest Coverage: RRTL's interest payments on its debt are well covered by EBIT (33.7x coverage).


Balance Sheet


Next Steps

Dividend

What is RTL Group's current dividend yield, its reliability and sustainability?

9.03%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: RRTL is not paying a notable dividend for the German market.


Future Payout to Shareholders

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


Next Steps

Management

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

3.8yrs

Average management tenure


CEO

Thomas Rabe (54yo)

1.17yrs

Tenure

Dr. Thomas Rabe serves as Deputy Chairman of Supervisor Board at Adidas AG since May 9, 2019 and its Member of Supervisory Board since May 9, 2019. He served as Member of Supervisory Board at Symrise AG un ...


Leadership Team

NamePositionTenureCompensationOwnership
Thomas Rabe
CEO & Director1.17yrsno datano data
Björn Bauer
Chief Financial Officer0.83yrno datano data
Elmar Heggen
Deputy CEO8.17yrsno datano data
Andrew Buckhurst
Senior Vice President of Investor Relationsno datano datano data
Vincent de Dorlodot
General Counsel20.17yrsno datano data
Ursula Schmidt
Executive Vice President of Audit & Compliance4.42yrsno datano data
Oliver Fahlbusch
Group Executive VP of Corporate Communications & Marketing4.42yrsno datano data
Francesco Costadura
Executive VP of HR & Head of Human Resources3.83yrsno datano data
Eduardo Zulueta
Managing Director of Mabuat (Spain)no datano datano data
Jean-Marie Bourhis
Deputy CFO & Executive VP of Financeno datano datano data

3.8yrs

Average Tenure

53.5yo

Average Age

Experienced Management: RRTL's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Thomas Rabe
CEO & Director1.17yrsno datano data
Elmar Heggen
Deputy CEO8.17yrsno datano data
John Taylor
Independent Chairman of the Board1.17yrsno datano data
Rolf Schmidt-Holtz
Non-Executive Director8.17yrsno datano data
Bernd Hirsch
Non-Executive Director4.17yrsno datano data
Guillaume de Posch
Non-Executive Director8.17yrsno datano data
Bernd Kundrun
Non-Executive Director8.17yrsno datano data
Jean-Louis Schiltz
Independent Non-Executive Director3.17yrsno datano data
James Singh
Independent Vice Chairman of the Board1.17yrsno datano data
Thomas Götz
Non-Executive Director5.17yrsno datano data

6.7yrs

Average Tenure

58yo

Average Age

Experienced Board: RRTL'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

RTL Group S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: RTL Group S.A.
  • Ticker: RRTL
  • Exchange: XTRA
  • Founded: 1924
  • Industry: Broadcasting
  • Sector: Media
  • Market Cap: €5.265b
  • Shares outstanding: 153.50m
  • Website: https://www.rtlgroup.com

Number of Employees


Location

  • RTL Group S.A.
  • 43, Boulevard Pierre Frieden
  • Luxembourg City
  • 1543
  • Luxembourg

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RTLLBDL (Bourse de Luxembourg)YesOrdinary SharesLUEURJan 1992
RRTLDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
RRTLXTRA (XETRA Trading Platform)YesOrdinary SharesDEEURJan 1992
0MNCLSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
RGLX.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
RRTLDBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJan 1992
RTLWBAG (Wiener Boerse AG)YesOrdinary SharesATEURJan 1992
RTLSWX (SIX Swiss Exchange)YesOrdinary SharesCHCHFJan 1992
RRTLETLX (Eurotlx)YesOrdinary SharesITEURJan 1992
RGLX.YOTCPK (Pink Sheets LLC)UNSP ADR EACH REPR 0.10 EUR0.00USUSDOct 2008
RRTUDB (Deutsche Boerse AG)UNSP ADR EACH REPR 0.10 EUR0.00DEEUROct 2008

Biography

RTL Group S.A. operates television (TV) channels, streaming services, and radio stations worldwide. The Mediengruppe RTL Deutschland segment operates RTL Television, Vox, Super RTL, Toggo Plus, ntv, Nitro, Vox Up, RTL Plus, and RTL Zwei free-to-air channels; RTL Crime, RTL Passion, RTL Living, GEO Television, and Now thematic pay channels; and TV Now, a streaming service in Germany. The Groupe M6 segment operates M6, W9, 6ter, and Gulli free-to-air TV channels; thematic pay channels; radio stations, such as RTL, RTL 2 and Fun Radio; 6Play, a streaming service; and home shopping channels, as well as engages in the rights production and distribution activity in France. The Fremantle segment is involved in the content production comprising of distribution and licensing business. The RTL Nederland segment operates RTL 4, RTL 5, RTL 7, RTL 8, RTL Z, RTL Lounge, RTL Crime, and RTL Telekids TV channels; and Videoland, a pay streaming service, as well as offers RTL XL, a catch-up TV service in the Netherlands. The RTL Belgium segment operates RTL-TVI, Plug RTL, and Club RTL channels; Radio Contact, Bel RTL, and Mint radio stations; and RTL Play, a streaming service in Belgium. The Other segment operates BroadbandTV and Divimove digital video networks; SpotX, a video ad serving platform for publishers and broadcasters; RTL Klub, Cool, Film+, and RTLII TV channels, as well as RTL Most streaming platform in Hungary; RTL Televizija, RTL 2, and RTL Kockica TV channels, as well as RTL Play, a streaming platform in Croatia; RTL Radio Lëtzebuerg radio station and RTL.lu website in Luxembourg; Freecaster, an online video platform for broadcaster, sports federation, and luxury brands and institutions in Europe; and Antena 3, La Sexta, Neox, and Nova TV channels, as well as Onda Cero, Europa FM, and Melodia FM radio stations in Spain. The company was founded in 1924 and is headquartered in Luxembourg City, Luxembourg. RTL Group S.A. is a subsidiary of Bertelsmann Capital Holding GmbH. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 22:07
End of Day Share Price2020/06/05 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.