ECP

EuropaCorpENXTPA:ECP Stock Report

Market Cap

€92.1m

7D

-6.3%

1Y

1.5%

Updated

16 Sep, 2021

Data

Company Financials +
ECP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance2/6
Financial Health0/6
Dividends0/6

ECP Overview

EuropaCorp, together with its subsidiaries, engages in the design, production, and distribution of films and television dramas in France and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for EuropaCorp
Historical stock prices
Current Share Price€0.76
52 Week High€0.57
52 Week Low€0.93
Beta1.07
1 Month Change-5.86%
3 Month Change5.15%
1 Year Change1.48%
3 Year Change-52.96%
5 Year Change-79.60%
Change since IPO-95.22%

Recent News & Updates

Shareholder Returns

ECPFR EntertainmentFR Market
7D-6.3%-1.5%-1.6%
1Y1.5%25.0%31.8%

Return vs Industry: ECP underperformed the French Entertainment industry which returned 24.6% over the past year.

Return vs Market: ECP underperformed the French Market which returned 31.2% over the past year.

Price Volatility

Is ECP's price volatile compared to industry and market?
ECP volatility
ECP Beta1.07
Industry Beta0.69
Market Beta1

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

Volatility Over Time: ECP's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199241Luc Bessonhttps://www.europacorp.com

EuropaCorp, together with its subsidiaries, engages in the design, production, and distribution of films and television dramas in France and internationally. The company is involved in the cinematographic works, distribution of films to theaters, international sales of film rights, and sale of television broadcasting rights to video-on-demand subscription platforms, as well as operating movie complexes. It also provides audiovisual communication services; offers licensing and partnerships, line production, and coproduction services; and operates as an executive producer and co-producer.

Valuation

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

0.75x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ECP (€0.76) is trading above our estimate of fair value (€0)

Significantly Below Fair Value: ECP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ECP is good value based on its PE Ratio (0.8x) compared to the French Entertainment industry average (31.8x).

PE vs Market: ECP is good value based on its PE Ratio (0.8x) compared to the French market (21.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ECP has negative assets, so we can't compare its PB Ratio to the FR Entertainment industry average.


Future Growth

How is EuropaCorp forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-26.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ECP's earnings are forecast to decline over the next 3 years (-26.1% per year).

Earnings vs Market: ECP's earnings are forecast to decline over the next 3 years (-26.1% per year).

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

Revenue vs Market: ECP's revenue (52.5% per year) is forecast to grow faster than the French market (6.2% per year).

High Growth Revenue: ECP's revenue (52.5% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ECP's Return on Equity is forecast to be high in 3 years time (30.6%)


Past Performance

How has EuropaCorp performed over the past 5 years?

30.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ECP has a large one-off gain of €134.9M impacting its March 31 2021 financial results.

Growing Profit Margin: ECP became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ECP has become profitable over the past 5 years, growing earnings by 30.6% per year.

Accelerating Growth: ECP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ECP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Entertainment industry (1.8%).


Return on Equity

High ROE: ECP's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is EuropaCorp's financial position?


Financial Position Analysis

Short Term Liabilities: ECP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ECP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: ECP has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ECP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: ECP's debt is not well covered by operating cash flow (3.2%).

Interest Coverage: ECP's interest payments on its debt are not well covered by EBIT (0.9x coverage).


Balance Sheet


Dividend

What is EuropaCorp current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: ECP is not paying a notable dividend for the French market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ECP'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?

1.2yrs

Average board tenure


CEO

Luc Besson (61 yo)

no data

Tenure

€2,759,238

Compensation

Mr. Luc Besson serves as President and Chief Executive Officer of EuropaCorp. He co-founded EuropaCorp in 2000 and has been its Chairman since September 12, 2012. Director.Mr. Besson serves as a director...


CEO Compensation Analysis

Compensation vs Market: Luc's total compensation ($USD3.25M) is above average for companies of similar size in the French market ($USD328.21K).

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


Board Members

Experienced Board: ECP's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


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

EuropaCorp's employee growth, exchange listings and data sources


Key Information

  • Name: EuropaCorp
  • Ticker: ECP
  • Exchange: ENXTPA
  • Founded: 1992
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: €92.124m
  • Shares outstanding: 122.02m
  • Website: https://www.europacorp.com

Number of Employees


Location

  • EuropaCorp
  • 20 Rue AmpEre
  • Saint-Denis
  • Ile-de-France
  • 93200
  • France

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 21:31
End of Day Share Price2021/09/16 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.