We’ve recently updated our valuation analysis.

RTL Group Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

RRTL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.2x
Enterprise Value/EBITDA6.7x
PEG Ratio6.4x

Price to Earnings Ratio vs Peers

How does RRTL's PE Ratio compare to its peers?

The above table shows the PE ratio for RRTL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average37.6x
PSM ProSiebenSat.1 Media
58.8x51.4%€2.2b
SAX Ströer SE KGaA
16.9x7.8%€2.9b
EVD CTS Eventim KGaA
34.1x7.2%€6.3b
G24 Scout24
40.6x17.6%€4.1b
RRTL RTL Group
10x1.6%€6.9b

Price-To-Earnings vs Peers: RRTL is good value based on its Price-To-Earnings Ratio (10x) compared to the peer average (37.6x).


Price to Earnings Ratio vs Industry

How does RRTL's PE Ratio compare vs other companies in the European Media Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a12.6%
n/an/an/a

Price-To-Earnings vs Industry: RRTL is good value based on its Price-To-Earnings Ratio (10x) compared to the European Media industry average (11.9x)


Price to Earnings Ratio vs Fair Ratio

What is RRTL's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RRTL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10x
Fair PE Ratio20.7x

Price-To-Earnings vs Fair Ratio: RRTL is good value based on its Price-To-Earnings Ratio (10x) compared to the estimated Fair Price-To-Earnings Ratio (20.7x).


Share Price vs Fair Value

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

Below Fair Value: RRTL (€44.34) is trading below our estimate of fair value (€113.28)

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


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 RRTL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€44.34
€43.30
-2.3%
13.7%€51.00€32.00n/a8
Jan ’24€39.44
€43.69
+10.8%
13.0%€51.00€32.00n/a8
Dec ’23€40.74
€45.06
+10.6%
15.4%€55.00€32.00n/a8
Nov ’23€34.92
€46.80
+34.0%
12.5%€55.00€36.00n/a8
Oct ’23€32.54
€47.05
+44.6%
12.9%€55.00€36.00n/a8
Sep ’23€35.72
€50.28
+40.8%
14.4%€63.00€41.75n/a8
Aug ’23€38.90
€52.39
+34.7%
12.0%€63.00€42.00n/a9
Jul ’23€39.38
€56.56
+43.6%
5.3%€63.00€53.00n/a8
Jun ’23€43.22
€55.25
+27.8%
9.4%€63.00€42.00n/a10
May ’23€49.64
€56.47
+13.8%
10.6%€64.00€42.00n/a10
Apr ’23€50.45
€56.42
+11.8%
11.4%€64.00€42.00n/a9
Mar ’23€48.88
€56.20
+15.0%
11.0%€63.00€42.00n/a9
Feb ’23€50.85
€56.20
+10.5%
11.0%€63.00€42.00n/a9
Jan ’23€46.62
€55.11
+18.2%
10.8%€63.00€42.00€39.449
Dec ’22€46.46
€55.94
+20.4%
11.3%€63.00€42.00€40.749
Nov ’22€50.60
€55.78
+10.2%
11.1%€63.00€42.00€34.929
Oct ’22€52.00
€55.44
+6.6%
10.9%€63.00€42.00€32.549
Sep ’22€52.75
€55.44
+5.1%
10.9%€63.00€42.00€35.729
Aug ’22€47.70
€52.83
+10.8%
10.2%€58.00€40.00€38.909
Jul ’22€50.30
€52.83
+5.0%
10.2%€58.00€40.00€39.389
Jun ’22€49.32
€52.39
+6.2%
10.2%€58.00€40.00€43.229
May ’22€48.92
€52.18
+6.7%
9.7%€58.00€40.00€49.6410
Apr ’22€50.55
€48.88
-3.3%
11.9%€58.00€40.00€50.4510
Mar ’22€47.96
€46.58
-2.9%
15.4%€57.00€33.00€48.8810
Feb ’22€47.30
€42.73
-9.7%
13.5%€52.00€33.00€50.8511
Jan ’22€39.74
€37.23
-6.3%
14.3%€46.00€27.00€46.6211

Analyst Forecast: Target price is lower than the current share price.


Discover undervalued companies