company background image
MMT

Métropole Télévision ENXTPA:MMT Stock Report

Last Price

€15.33

Market Cap

€1.9b

7D

-2.5%

1Y

-10.8%

Updated

23 May, 2022

Data

Company Financials +
MMT fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends4/6

MMT Stock Overview

Métropole Télévision S.A. provides a range of programs, products, and services on various media.

Métropole Télévision Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Métropole Télévision
Historical stock prices
Current Share Price€15.33
52 Week High€19.44
52 Week Low€15.11
Beta1.31
1 Month Change-15.77%
3 Month Change-17.58%
1 Year Change-10.77%
3 Year Change-3.22%
5 Year Change-27.35%
Change since IPO222.99%

Recent News & Updates

Shareholder Returns

MMTFR MediaFR Market
7D-2.5%-0.9%-1.5%
1Y-10.8%-30.9%-18.8%

Return vs Industry: MMT exceeded the French Media industry which returned -31.5% over the past year.

Return vs Market: MMT underperformed the French Market which returned -5.4% over the past year.

Price Volatility

Is MMT's price volatile compared to industry and market?
MMT volatility
MMT Average Weekly Movement4.2%
Media Industry Average Movement5.1%
Market Average Movement6.0%
10% most volatile stocks in FR Market10.2%
10% least volatile stocks in FR Market3.5%

Stable Share Price: MMT is less volatile than 75% of French stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: MMT's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19862,240Nicolas Bellet de Tavernost Abelhttps://www.groupem6.fr

Métropole Télévision S.A. provides a range of programs, products, and services on various media. It operates through Television, Radio, Production and Audiovisual Rights, and Diversification segments. The company operates free-to-air channels, including M6, W9, 6TER, and Gulli; pay channels, such as Paris Première, Téva, M6 Music, Série Club, Tiji, Canal J, RFM TV, MCM, and MCM Top; and on-demand televisions comprising 6play, Gulli Max, and Gulli Replay; and advertising agency, as well as produces news magazines comprising Capital, Zone Interdite, Enquête Exclusive, 66 Minutes, and Enquêtes criminelles for W9.

Métropole Télévision Fundamentals Summary

How do Métropole Télévision's earnings and revenue compare to its market cap?
MMT fundamental statistics
Market Cap€1.93b
Earnings (TTM)€280.90m
Revenue (TTM)€1.39b

6.9x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MMT income statement (TTM)
Revenue€1.39b
Cost of Revenue€949.10m
Gross Profit€441.30m
Other Expenses€160.40m
Earnings€280.90m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Jul 26, 2022

Earnings per share (EPS)2.23
Gross Margin31.74%
Net Profit Margin20.20%
Debt/Equity Ratio10.9%

How did MMT perform over the long term?

See historical performance and comparison

Dividends

6.5%

Current Dividend Yield

45%

Payout Ratio

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: MMT (€15.33) is trading below our estimate of fair value (€55.54)

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


Price To Earnings Ratio

PE vs Industry: MMT is good value based on its PE Ratio (6.9x) compared to the French Media industry average (11.2x).

PE vs Market: MMT is good value based on its PE Ratio (6.9x) compared to the French market (16.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: MMT's PB Ratio (1.7x) is in line with the FR Media industry average.


Future Growth

How is Métropole Télévision forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-5.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MMT's earnings are forecast to decline over the next 3 years (-5.4% per year).

Earnings vs Market: MMT's earnings are forecast to decline over the next 3 years (-5.4% per year).

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

Revenue vs Market: MMT's revenue (1.5% per year) is forecast to grow slower than the French market (5.8% per year).

High Growth Revenue: MMT's revenue (1.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MMT's Return on Equity is forecast to be low in 3 years time (18.4%).


Past Performance

How has Métropole Télévision performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


13.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MMT has high quality earnings.

Growing Profit Margin: MMT's current net profit margins (20.2%) are lower than last year (21.7%).


Past Earnings Growth Analysis

Earnings Trend: MMT's earnings have grown by 13.8% per year over the past 5 years.

Accelerating Growth: MMT's earnings growth over the past year (1.5%) is below its 5-year average (13.8% per year).

Earnings vs Industry: MMT earnings growth over the past year (1.5%) underperformed the Media industry 70.9%.


Return on Equity

High ROE: MMT's Return on Equity (24%) is considered high.


Financial Health

How is Métropole Télévision's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MMT's short term assets (€1.2B) exceed its short term liabilities (€657.0M).

Long Term Liabilities: MMT's short term assets (€1.2B) exceed its long term liabilities (€203.0M).


Debt to Equity History and Analysis

Debt Level: MMT has more cash than its total debt.

Reducing Debt: MMT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: MMT's debt is well covered by operating cash flow (358.3%).

Interest Coverage: MMT's interest payments on its debt are well covered by EBIT (185.7x coverage).


Balance Sheet


Dividend

What is Métropole Télévision current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


6.52%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: MMT's dividend (6.52%) is higher than the bottom 25% of dividend payers in the French market (1.72%).

High Dividend: MMT's dividend (6.52%) is in the top 25% of dividend payers in the French market (5.01%)


Stability and Growth of Payments

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

Growing Dividend: MMT's dividend payments have not increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (44.9%), MMT's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (35.7%), MMT's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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

9.8yrs

Average management tenure


CEO

Nicolas Bellet de Tavernost Abel (71 yo)

22yrs

Tenure

€1,798,061

Compensation

Mr. Nicolás Bellet de Tavernost Abel has been Chief Executive Officer and Chairman of the Executive Board at Métropole Télévision SA (alternate name Groupe M6) since May 2000 and its Member of the Executiv...


CEO Compensation Analysis

Compensation vs Market: Nicolas Bellet's total compensation ($USD1.92M) is above average for companies of similar size in the French market ($USD921.08K).

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


Leadership Team

Experienced Management: MMT's management team is seasoned and experienced (9.8 years average tenure).


Board Members

Experienced Board: MMT's board of directors are considered experienced (4.1 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

Métropole Télévision S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Métropole Télévision S.A.
  • Ticker: MMT
  • Exchange: ENXTPA
  • Founded: 1986
  • Industry: Broadcasting
  • Sector: Media
  • Implied Market Cap: €1.935b
  • Shares outstanding: 126.22m
  • Website: https://www.groupem6.fr

Number of Employees


Location

  • Métropole Télévision S.A.
  • 89, Avenue Charles-de-Gaulle
  • Neuilly-sur-Seine
  • Ile-de-France
  • 92575
  • France

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.