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Market Cap

€3.1b

Last Updated

2021/09/17 22:26 UTC

Data Sources

Company Financials +

Executive Summary

Lagardere SA engages in content publishing, production, broadcasting, and distribution businesses worldwide. More Details


Snowflake Analysis

Reasonable growth potential with worrying balance sheet.


Similar Companies

Share Price & News

How has Lagardere's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MMB is more volatile than 75% of French stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: MMB's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of French stocks.


Market Performance


7 Day Return

9.1%

MMB

-1.0%

FR Media

-1.8%

FR Market


1 Year Return

46.9%

MMB

63.2%

FR Media

32.8%

FR Market

Return vs Industry: MMB underperformed the French Media industry which returned 61% over the past year.

Return vs Market: MMB exceeded the French Market which returned 31.8% over the past year.


Shareholder returns

MMBIndustryMarket
7 Day9.1%-1.0%-1.8%
30 Day1.2%3.8%0.2%
90 Day9.5%2.4%0.1%
1 Year46.9%46.9%69.0%63.2%36.1%32.8%
3 Year-8.2%-13.2%0.9%-9.3%31.9%19.6%
5 Year17.4%0.2%-0.09%-16.0%82.1%53.6%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

5.22x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: MMB (€22.36) is trading above our estimate of fair value (€6.42)

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


Price To Earnings Ratio

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

PE vs Market: MMB 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 MMB's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MMB is overvalued based on its PB Ratio (5.2x) compared to the FR Media industry average (1.8x).


Future Growth

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

93.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MMB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.4%).

Earnings vs Market: MMB is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: MMB's is expected to become profitable in the next 3 years.

Revenue vs Market: MMB's revenue (14.8% per year) is forecast to grow faster than the French market (6.2% per year).

High Growth Revenue: MMB's revenue (14.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MMB's Return on Equity is forecast to be low in 3 years time (9.9%).


Past Performance

How has Lagardere performed over the past 5 years?

-59.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MMB is currently unprofitable.

Growing Profit Margin: MMB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MMB is unprofitable, and losses have increased over the past 5 years at a rate of 59.9% per year.

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

Earnings vs Industry: MMB is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (5.7%).


Return on Equity

High ROE: MMB has a negative Return on Equity (-60.64%), as it is currently unprofitable.


Financial Health

How is Lagardere's financial position?


Financial Position Analysis

Short Term Liabilities: MMB's short term assets (€3.1B) do not cover its short term liabilities (€3.3B).

Long Term Liabilities: MMB's short term assets (€3.1B) do not cover its long term liabilities (€4.3B).


Debt to Equity History and Analysis

Debt Level: MMB's debt to equity ratio (377.7%) is considered high.

Reducing Debt: MMB's debt to equity ratio has increased from 113.4% to 377.7% over the past 5 years.

Debt Coverage: MMB's debt is well covered by operating cash flow (26.6%).

Interest Coverage: Insufficient data to determine if MMB's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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

1.45%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

1.8yrs

Average management tenure


CEO

Arnaud Lagardere (60 yo)

18.67yrs

Tenure

€1,553,095

Compensation

Mr. Lagardere serves as Chairman of Lagardere SA (Formerly, Lagardere SCA) since June 30, 2021 and also serves as its Chief Executive Officer since 2003. He had been General and Managing Partner at Lagarde...


CEO Compensation Analysis

Compensation vs Market: Arnaud's total compensation ($USD1.82M) is about average for companies of similar size in the French market ($USD1.79M).

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


Leadership Team

Experienced Management: MMB's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: MMB's board of directors are not considered experienced ( 0.3 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 been diluted in the past year, with total shares outstanding growing by 8.4%.


Top Shareholders

Company Information

Lagardere SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lagardere SA
  • Ticker: MMB
  • Exchange: ENXTPA
  • Founded: 1826
  • Industry: Publishing
  • Sector: Media
  • Market Cap: €3.131b
  • Shares outstanding: 140.02m
  • Website: https://www.lagardere.com

Number of Employees


Location

  • Lagardere SA
  • 4 rue de Presbourg
  • Cedex 16
  • Paris
  • Ile-de-France
  • 75116
  • France

Listings


Biography

Lagardere SA engages in content publishing, production, broadcasting, and distribution businesses worldwide. It operates through two divisions: Lagardère Publishing, and Lagardère Travel Retail. The Lagard...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 22:26
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
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.