Atresmedia Corporación de Medios de Comunicación, S.A., an audiovisual company, engages in the television, digital and multimedia development, advertising, cinema, radio, Internet, and events organization businesses in Spain and internationally.
Outstanding track record and undervalued.
Share Price & News
How has Atresmedia Corporación de Medios de Comunicación's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: A3M has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: A3M underperformed the Spanish Media industry which returned -29.7% over the past year.
Return vs Market: A3M underperformed the Spanish Market which returned -17.9% over the past year.
Price Volatility Vs. Market
How volatile is Atresmedia Corporación de Medios de Comunicación's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StIs Atresmedia Corporación de Medios de Comunicación, S.A. (BME:A3M) Trading At A 40% Discount?
3 weeks ago | Simply Wall StHow Does Atresmedia Corporación de Medios de Comunicación, S.A.'s (BME:A3M) Earnings Growth Stack Up Against Industry Performance?
1 month ago | Simply Wall StHere's What Atresmedia Corporación de Medios de Comunicación, S.A.'s (BME:A3M) P/E Ratio Is Telling Us
Is Atresmedia Corporación de Medios de Comunicación undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: A3M (€2.45) is trading below our estimate of fair value (€4)
Significantly Below Fair Value: A3M is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: A3M is good value based on its PE Ratio (4.7x) compared to the Media industry average (13.2x).
PE vs Market: A3M is good value based on its PE Ratio (4.7x) compared to the Spanish market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: A3M is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: A3M is overvalued based on its PB Ratio (1.3x) compared to the XE Media industry average (1.1x).
How is Atresmedia Corporación de Medios de Comunicación forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: A3M's forecast earnings growth (14.3% per year) is above the savings rate (1.3%).
Earnings vs Market: A3M's earnings (14.3% per year) are forecast to grow slower than the Spanish market (22.5% per year).
High Growth Earnings: A3M's earnings are forecast to grow, but not significantly.
Revenue vs Market: A3M's revenue (3.5% per year) is forecast to grow slower than the Spanish market (5.6% per year).
High Growth Revenue: A3M's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: A3M's Return on Equity is forecast to be low in 3 years time (16.9%).
How has Atresmedia Corporación de Medios de Comunicación performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: A3M has high quality earnings.
Growing Profit Margin: A3M's current net profit margins (11.8%) are higher than last year (9.7%).
Past Earnings Growth Analysis
Earnings Trend: A3M's earnings have grown by 3.4% per year over the past 5 years.
Accelerating Growth: A3M's earnings growth over the past year (15.9%) exceeds its 5-year average (3.4% per year).
Earnings vs Industry: A3M earnings growth over the past year (15.9%) exceeded the Media industry -0.2%.
Return on Equity
High ROE: A3M's Return on Equity (23.9%) is considered high.
How is Atresmedia Corporación de Medios de Comunicación's financial position?
Financial Position Analysis
Short Term Liabilities: A3M's short term assets (€754.3M) exceed its short term liabilities (€534.7M).
Long Term Liabilities: A3M's short term assets (€754.3M) exceed its long term liabilities (€344.8M).
Debt to Equity History and Analysis
Debt Level: A3M's debt to equity ratio (78.5%) is considered high.
Reducing Debt: A3M's debt to equity ratio has increased from 36.5% to 78.5% over the past 5 years.
Debt Coverage: A3M's debt is well covered by operating cash flow (37.7%).
Interest Coverage: A3M's interest payments on its debt are well covered by EBIT (21.4x coverage).
What is Atresmedia Corporación de Medios de Comunicación current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate A3M's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate A3M'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 A3M's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if A3M's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: A3M is not paying a notable dividend for the Spanish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of A3M's dividend in 3 years as they are not forecast to pay a notable one for the Spanish market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Silvio José González Moreno (63yo)
Mr. Silvio José González Moreno has been the Chief Executive Officer at Atresmedia Corporación de Medios de Comunicación S.A. since April 2008 and also serves as its Managing Director and Executive Directo ...
CEO Compensation Analysis
Compensation vs Market: Silvio José's total compensation ($USD0.00) is below average for companies of similar size in the Spanish market ($USD1.04M).
Compensation vs Earnings: Silvio José's compensation has increased by more than 20% in the past year.
|Chairman of the Board||5.42yrs||€436.00k||0.010% €56.7k|
|CEO, MD & Executive Director||12.25yrs||€2.04m||0.015% €85.1k|
|Head of Atresmedia Television & Executive Director||1.25yrs||no data||no data|
|Chairman of Atresmedia Publicidad||3.5yrs||no data||no data|
|Independent Director||11.33yrs||€51.00k||no data|
|Lead Independent Director||no data||€33.00k||no data|
|Independent Director||4.25yrs||no data||no data|
Experienced Board: A3M's board of directors are seasoned and experienced ( 11.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Atresmedia Corporación de Medios de Comunicación, S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Atresmedia Corporación de Medios de Comunicación, S.A.
- Ticker: A3M
- Exchange: BME
- Founded: 1988
- Industry: Broadcasting
- Sector: Media
- Market Cap: €550.946m
- Shares outstanding: 225.06m
- Website: https://www.atresmediacorporacion.com
Number of Employees
- Atresmedia Corporación de Medios de Comunicación, S.A.
- Avenida Isla Graciosa, 13
- San Sebastián de los Reyes
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AIOS.F||OTCPK (Pink Sheets LLC)||Yes||Registered Shares||US||USD||Oct 2003|
|YT2A||DB (Deutsche Boerse AG)||Yes||Registered Shares||DE||EUR||Oct 2003|
|A3M||BME (Bolsas y Mercados Espanoles)||Yes||Registered Shares||ES||EUR||Oct 2003|
|0MJT||LSE (London Stock Exchange)||Yes||Registered Shares||GB||EUR||Oct 2003|
|A3ME||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Registered Shares||GB||EUR||Oct 2003|
|ATVD.Y||OTCPK (Pink Sheets LLC)||UNSPONSORED ADR||US||USD||Nov 2008|
Atresmedia Corporación de Medios de Comunicación, S.A., an audiovisual company, engages in the television, digital and multimedia development, advertising, cinema, radio, Internet, and events organization businesses in Spain and internationally. The company is involved in the production, distribution, dissemination, and marketing of audiovisual content; and management of music rights and copyrights, as well as provision of IT services. It operates the Antena 3, La Sexta, Onda Cero, Europa FM, etc. brands. The company was formerly known as Antena 3 de Televisión, S.A. Atresmedia Corporación de Medios de Comunicación, S.A. was incorporated in 1988 and is based in San Sebastián de los Reyes, Spain.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/08 20:55|
|End of Day Share Price||2020/07/08 00:00|
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.