BME:TL5

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Mediaset España Comunicación

Executive Summary

Mediaset España Comunicación, S.A., together with its subsidiaries, engages in the free-to-air television broadcasting business in Spain.


Snowflake Analysis

Undervalued with solid track record and pays a dividend.


Similar Companies

Share Price & News

How has Mediaset España Comunicación's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TL5's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.6%

TL5

5.4%

ES Media

6.0%

ES Market


1 Year Return

-50.3%

TL5

-28.6%

ES Media

-18.7%

ES Market

Return vs Industry: TL5 underperformed the Spanish Media industry which returned -28.6% over the past year.

Return vs Market: TL5 underperformed the Spanish Market which returned -18.7% over the past year.


Shareholder returns

TL5IndustryMarket
7 Day4.6%5.4%6.0%
30 Day-2.3%0.6%2.3%
90 Day-30.0%-19.9%-16.4%
1 Year-50.3%-50.3%-26.8%-28.6%-16.3%-18.7%
3 Year-70.6%-73.3%-40.8%-48.1%-25.4%-32.3%
5 Year-66.9%-72.1%-41.2%-52.4%-17.7%-30.9%

Price Volatility Vs. Market

How volatile is Mediaset España Comunicación's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Mediaset España Comunicación undervalued compared to its fair value and its price relative to the market?

34.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TL5 (€3.2) is trading below our estimate of fair value (€4.88)

Significantly Below Fair Value: TL5 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TL5 is good value based on its PE Ratio (4.9x) compared to the Media industry average (13.7x).

PE vs Market: TL5 is good value based on its PE Ratio (4.9x) compared to the Spanish market (15.2x).


Price to Earnings Growth Ratio

PEG Ratio: TL5 is poor value based on its PEG Ratio (2.5x)


Price to Book Ratio

PB vs Industry: TL5 is good value based on its PB Ratio (1x) compared to the XE Media industry average (1.1x).


Next Steps

Future Growth

How is Mediaset España Comunicación forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

2.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TL5's forecast earnings growth (2% per year) is above the savings rate (1.3%).

Earnings vs Market: TL5's earnings (2% per year) are forecast to grow slower than the Spanish market (17.9% per year).

High Growth Earnings: TL5's earnings are forecast to grow, but not significantly.

Revenue vs Market: TL5's revenue (2.3% per year) is forecast to grow slower than the Spanish market (5.1% per year).

High Growth Revenue: TL5's revenue (2.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TL5's Return on Equity is forecast to be low in 3 years time (13.7%).


Next Steps

Past Performance

How has Mediaset España Comunicación performed over the past 5 years?

8.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TL5 has high quality earnings.

Growing Profit Margin: TL5's current net profit margins (22.6%) are higher than last year (20.6%).


Past Earnings Growth Analysis

Earnings Trend: TL5's earnings have grown by 8.7% per year over the past 5 years.

Accelerating Growth: TL5's earnings growth over the past year (3.6%) is below its 5-year average (8.7% per year).

Earnings vs Industry: TL5 earnings growth over the past year (3.6%) exceeded the Media industry -0.9%.


Return on Equity

High ROE: TL5's Return on Equity (22.3%) is considered high.


Next Steps

Financial Health

How is Mediaset España Comunicación's financial position?


Financial Position Analysis

Short Term Liabilities: TL5's short term assets (€434.7M) exceed its short term liabilities (€259.5M).

Long Term Liabilities: TL5's short term assets (€434.7M) exceed its long term liabilities (€296.7M).


Debt to Equity History and Analysis

Debt Level: TL5's debt to equity ratio (24.1%) is considered satisfactory.

Reducing Debt: TL5's debt to equity ratio has increased from 1% to 24.1% over the past 5 years.

Debt Coverage: TL5's debt is well covered by operating cash flow (156.5%).

Interest Coverage: TL5's interest payments on its debt are well covered by EBIT (619.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Mediaset España Comunicación's current dividend yield, its reliability and sustainability?

9.85%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TL5's dividend (9.85%) is higher than the bottom 25% of dividend payers in the Spanish market (2.64%).

High Dividend: TL5's dividend (9.85%) is in the top 25% of dividend payers in the Spanish market (7.51%)


Stability and Growth of Payments

Stable Dividend: TL5's dividend payments have been volatile in the past 10 years.

Growing Dividend: TL5's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (48.7%), TL5's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: TL5's dividends in 3 years are forecast to be covered by earnings (64.5% payout ratio).


Next Steps

  • Explore strong dividend paying companies in the Media industry.

Management

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

7.1yrs

Average board tenure


CEO

Paolo Vasile

no data

Tenure

€1,682,380

Compensation

Mr. Paolo Vasile serves as the Chief Executive Officer of Mediaset Espana Comunicacion SA (also known as, Mediaset España Comunicación, S.A. (formerly known as Gestevision Telecinco SA).) and has been its  ...


CEO Compensation Analysis

Compensation vs Market: Paolo's total compensation ($USD1.87M) is above average for companies of similar size in the Spanish market ($USD812.05K).

Compensation vs Earnings: Paolo's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Paolo Vasile
CEO & Executive Directorno data€1.68m0.052% 523.6k
Fedele Confalonieri
Deputy Chairman & VPno data€151.00kno data
Massimo Musolino
MD of Management & Operations and Executive Director12.08yrs€970.74k0.010% 104.8k
Mario Rodríguez Valderas
Corporate MD12.08yrs€795.38k0.010% 104.8k
Javier Díez De Polanco
Independent Director2.08yrs€167.00kno data
Marco Giordani
Director17yrs€143.00kno data
Alejandro Echevarría Busquet
Chairmanno data€1.00m0.010% 104.8k
Francisco de Borja Prado Eulate
Director2.08yrs€123.00kno data
Consuelo Crespo Bofill
Independent Director2.08yrs€147.00kno data
Cristina Garmendia Mendizábal
Independent Director2.08yrs€131.00kno data

7.1yrs

Average Tenure

64.5yo

Average Age

Experienced Board: TL5's board of directors are considered experienced (7.1 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

Mediaset España Comunicación, S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mediaset España Comunicación, S.A.
  • Ticker: TL5
  • Exchange: BME
  • Founded: 1989
  • Industry: Broadcasting
  • Sector: Media
  • Market Cap: €1.002b
  • Shares outstanding: 313.17m
  • Website: https://www.mediaset.es

Number of Employees


Location

  • Mediaset España Comunicación, S.A.
  • Crta de Fuencarral to Alcobendas, no. 4
  • Madrid
  • Madrid
  • 28049
  • Spain

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TL5BME (Bolsas y Mercados Espanoles)YesOrdinary SharesESEURJun 2004
RWWDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 2004
0G9WLSE (London Stock Exchange)YesOrdinary SharesGBEURJun 2004
GETV.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 2004
TL5EBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURJun 2004
RWWBST (Boerse-Stuttgart)YesOrdinary SharesDEEURJun 2004
TL5WBAG (Wiener Boerse AG)YesOrdinary SharesATEURJun 2004

Biography

Mediaset España Comunicación, S.A., together with its subsidiaries, engages in the free-to-air television broadcasting business in Spain. The company operates seven TV channels comprising Telecinco, Factoría de Ficción, Boing, Cuatro, Divinity, Energy, and BeMad. It is also involved in the audio-visual production; news agency services; and advertising promotion activities. The company was formerly known as Gestevisión Telecinco, S.A. and changed its name to Mediaset España Comunicación, S.A. in May 2011. Mediaset España Comunicación, S.A. was incorporated in 1989 and is based in Madrid, Spain. Mediaset España Comunicación, S.A. is a subsidiary of Mediaset S.p.A. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/30 20:41
End of Day Share Price2020/05/29 00:00
Earnings2020/03/31
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.