Métropole Télévision S.A.

ENXTPA:MMT Stock Report

Market Cap: €1.4b

Métropole Télévision Valuation

Is MMT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MMT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MMT (€10.94) is trading below our estimate of fair value (€26.06)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MMT?

Key metric: As MMT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MMT. This is calculated by dividing MMT's market cap by their current earnings.
What is MMT's PE Ratio?
PE Ratio6.4x
Earnings€214.60m
Market Cap€1.38b

Price to Earnings Ratio vs Peers

How does MMT's PE Ratio compare to its peers?

The above table shows the PE ratio for MMT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.1x
TFI TF1
7.7x12.6%€1.5b
NRG NRJ Group
10.8x0.02%€541.8m
VIV Vivendi
23.2x31.1%€9.0b
IPS Ipsos
10.6x10.2%€1.9b
MMT Métropole Télévision
6.4x-6.4%€1.4b

Price-To-Earnings vs Peers: MMT is good value based on its Price-To-Earnings Ratio (6.4x) compared to the peer average (13.1x).

Price to Earnings Ratio vs Industry

How does MMT's PE Ratio compare vs other companies in the FR Media Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
ALSRS Sirius Media
0.3xn/aUS$672.70k
No more companies available in this PE range
MMT 6.4xIndustry Avg. 11.2xNo. of Companies5PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MMT is good value based on its Price-To-Earnings Ratio (6.4x) compared to the French Media industry average (11.3x).

Price to Earnings Ratio vs Fair Ratio

What is MMT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MMT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.4x
Fair PE Ratio8.9x

Price-To-Earnings vs Fair Ratio: MMT is good value based on its Price-To-Earnings Ratio (6.4x) compared to the estimated Fair Price-To-Earnings Ratio (8.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst MMT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€10.94
€14.47
+32.2%
12.8%€17.00€11.50n/a6
Nov ’25€11.36
€14.80
+30.3%
9.6%€17.00€13.10n/a6
Oct ’25€12.00
€15.13
+26.1%
9.2%€17.00€13.50n/a6
Sep ’25€12.28
€15.13
+23.2%
9.2%€17.00€13.50n/a6
Aug ’25€12.08
€15.13
+25.3%
9.2%€17.00€13.50n/a6
Jul ’25€12.22
€15.32
+25.3%
8.8%€17.00€13.50n/a6
Jun ’25€14.00
€15.82
+13.0%
10.5%€18.00€13.50n/a6
May ’25€13.26
€15.73
+18.7%
11.3%€18.00€13.00n/a6
Apr ’25€13.82
€15.57
+12.6%
12.6%€18.00€13.00n/a6
Mar ’25€12.67
€15.57
+22.9%
12.6%€18.00€13.00n/a6
Feb ’25€13.00
€15.60
+20.0%
13.2%€18.00€13.00n/a6
Jan ’25€12.94
€15.77
+21.8%
17.4%€20.00€12.00n/a6
Dec ’24€12.59
€16.43
+30.5%
18.0%€20.00€12.00n/a6
Nov ’24€11.83
€16.60
+40.3%
16.8%€20.00€12.00€11.366
Oct ’24€11.98
€16.73
+39.7%
17.0%€20.00€12.00€12.006
Sep ’24€12.55
€16.65
+32.7%
16.7%€20.00€12.00€12.286
Aug ’24€12.90
€16.65
+29.1%
16.7%€20.00€12.00€12.086
Jul ’24€12.98
€17.27
+33.0%
13.9%€20.00€14.00€12.226
Jun ’24€13.08
€17.43
+33.3%
14.2%€20.00€14.00€14.006
May ’24€14.64
€17.43
+19.1%
14.2%€20.00€14.00€13.266
Apr ’24€14.95
€17.43
+16.6%
14.2%€20.00€14.00€13.826
Mar ’24€14.17
€17.27
+21.9%
15.7%€20.00€13.00€12.676
Feb ’24€14.77
€17.30
+17.1%
14.7%€19.30€13.00€13.006
Jan ’24€15.35
€17.13
+11.6%
16.1%€19.30€13.00€12.946
Dec ’23€13.79
€17.63
+27.9%
18.5%€22.00€13.00€12.596
Nov ’23€10.49
€16.54
+57.7%
24.4%€22.00€10.00€11.837

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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