BLV

Believe Société anonymeENXTPA:BLV Stock Report

Market Cap

€1.7b

7D

-5.1%

1Y

n/a

Updated

20 Sep, 2021

Data

Company Financials +
BLV fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance0/6
Financial Health3/6
Dividends0/6

BLV Overview

Believe Société anonyme provides music distribution and marketing services for artists and labels worldwide.

Share Price & News

How has Believe Société anonyme's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BLV is not significantly more volatile than the rest of French stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: Insufficient data to determine BLV's volatility change over the past year.


Market Performance


7 Day Return

-5.1%

BLV

-2.0%

FR Entertainment

-1.8%

FR Market


1 Year Return

n/a

BLV

27.1%

FR Entertainment

32.8%

FR Market

Return vs Industry: Insufficient data to determine how BLV performed against the French Entertainment industry.

Return vs Market: Insufficient data to determine how BLV performed against the French Market.


Shareholder returns

BLVIndustryMarket
7 Day-5.1%-2.0%-1.8%
30 Day6.6%3.1%-0.1%
90 Day6.7%8.2%-0.2%
1 Yearn/a28.9%27.1%36.1%32.8%
3 Yearn/a10.6%6.4%31.9%19.6%
5 Yearn/a86.0%70.7%82.1%53.6%

Long-Term Price Volatility Vs. Market

How volatile is Believe Société anonyme's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Believe Société anonyme Fundamentals Summary

How do Believe Société anonyme's earnings and revenue compare to its market cap?
BLV fundamental statistics
Market Cap€1.73b
Earnings (TTM)-€28.96m
Revenue (TTM)€467.31m

3.6x

P/S Ratio

-58.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BLV income statement (TTM)
Revenue€467.31m
Cost of Revenue€325.68m
Gross Profit€141.63m
Expenses€170.59m
Earnings-€28.96m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

Nov 03, 2021

Earnings per share (EPS)-0.72
Gross Margin30.31%
Net Profit Margin-6.20%
Debt/Equity Ratio89.6%

How did BLV perform over the long term?

See historical performance and comparison

Valuation

Is Believe Société anonyme undervalued compared to its fair value and its price relative to the market?

12.68x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BLV's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BLV's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: BLV is unprofitable, so we can't compare its PE Ratio to the French Entertainment industry average.

PE vs Market: BLV is unprofitable, so we can't compare its PE Ratio to the French market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BLV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BLV is overvalued based on its PB Ratio (12.7x) compared to the FR Entertainment industry average (3.1x).


Future Growth

How is Believe Société anonyme forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

67.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BLV is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: BLV is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: BLV is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: BLV's revenue (19.7% per year) is forecast to grow faster than the French market (6.2% per year).

High Growth Revenue: BLV's revenue (19.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BLV is forecast to be unprofitable in 3 years.


Past Performance

How has Believe Société anonyme performed over the past 5 years?

-795.0%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: BLV is currently unprofitable.

Growing Profit Margin: BLV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if BLV's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare BLV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BLV is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (1.8%).


Return on Equity

High ROE: BLV has a negative Return on Equity (-20.25%), as it is currently unprofitable.


Financial Health

How is Believe Société anonyme's financial position?


Financial Position Analysis

Short Term Liabilities: BLV's short term assets (€342.7M) do not cover its short term liabilities (€377.7M).

Long Term Liabilities: BLV's short term assets (€342.7M) exceed its long term liabilities (€128.5M).


Debt to Equity History and Analysis

Debt Level: BLV's debt to equity ratio (89.6%) is considered high.

Reducing Debt: Insufficient data to determine if BLV's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BLV has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: BLV has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 111.3% each year


Dividend

What is Believe Société anonyme current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

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


CEO

Denis Ladegaillerie

no data

Tenure

Mr. Denis LaDegaillerie is a founder of Believe SAS and serves as Chief Executive Officer and President at Believe SAS. Mr. LaDegaillerie serves as Chief Financial Officer of Vivendi Universal Net USA Grou...


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: BLV only recently listed within the past 12 months.


Top Shareholders

Company Information

Believe Société anonyme's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Believe Société anonyme
  • Ticker: BLV
  • Exchange: ENXTPA
  • Founded: 2005
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: €1.727b
  • Shares outstanding: 95.84m
  • Website: https://www.believemusic.com

Number of Employees


Location

  • Believe Société anonyme
  • 24 rue Toulouse Lautrec
  • Paris
  • Ile-de-France
  • 75017
  • France

Listings


Biography

Believe Société anonyme provides music distribution and marketing services for artists and labels worldwide. The company’s physical and digital distribution services include a range of digital music servic...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 17:43
End of Day Share Price2021/09/20 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.