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NRJ Group

ENXTPA:NRG
Snowflake Description

Excellent balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NRG
ENXTPA
€532M
Market Cap
  1. Home
  2. FR
  3. Media
Company description

NRJ Group SA, together with its subsidiaries, publishes, produces, broadcasts, and markets its own media spaces. The last earnings update was 80 days ago. More info.


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NRG Share Price and Events
7 Day Returns
0.3%
ENXTPA:NRG
1.2%
FR Media
-0.1%
FR Market
1 Year Returns
-18.3%
ENXTPA:NRG
-8.8%
FR Media
-2.5%
FR Market
NRG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
NRJ Group (NRG) 0.3% 0.9% -9.4% -18.3% -28.8% -22.5%
FR Media 1.2% -0.4% -0.9% -8.8% -11.1% -16.7%
FR Market -0.1% -1.3% -0.3% -2.5% 34% 27.3%
1 Year Return vs Industry and Market
  • NRG underperformed the Media industry which returned -8.8% over the past year.
  • NRG underperformed the Market in France which returned -2.5% over the past year.
Price Volatility
NRG
Industry
5yr Volatility vs Market

Value

 Is NRJ Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of NRJ Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for NRJ Group.

ENXTPA:NRG Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.5%
Perpetual Growth Rate 10-Year FR Government Bond Rate 0.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for ENXTPA:NRG
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year FR Govt Bond Rate 0.7%
Equity Risk Premium S&P Global 6.7%
Media Unlevered Beta Simply Wall St/ S&P Global 0.78
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.778 (1 + (1- 33%) (4.3%))
0.866
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.87
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.73% + (0.866 * 6.65%)
6.49%

Discounted Cash Flow Calculation for ENXTPA:NRG using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for NRJ Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

ENXTPA:NRG DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 6.49%)
2019 22.60 Analyst x1 21.22
2020 24.30 Analyst x1 21.43
2021 23.67 Est @ -2.59% 19.60
2022 23.29 Est @ -1.59% 18.11
2023 23.09 Est @ -0.9% 16.85
2024 22.99 Est @ -0.41% 15.76
2025 22.98 Est @ -0.06% 14.79
2026 23.02 Est @ 0.17% 13.91
2027 23.10 Est @ 0.34% 13.11
2028 23.20 Est @ 0.46% 12.37
Present value of next 10 years cash flows €167.16
ENXTPA:NRG DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= €23.20 × (1 + 0.73%) ÷ (6.49% – 0.73%)
€405.74
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €405.74 ÷ (1 + 6.49%)10
€216.29
ENXTPA:NRG Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €167.16 + €216.29
€383.45
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €383.45 / 78.42
€4.89
ENXTPA:NRG Discount to Share Price
Calculation Result
Value per share (EUR) From above. €4.89
Current discount Discount to share price of €6.78
= -1 x (€6.78 - €4.89) / €4.89
-38.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of NRJ Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for NRJ Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are NRJ Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ENXTPA:NRG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in EUR €0.28
ENXTPA:NRG Share Price ** ENXTPA (2019-06-17) in EUR €6.78
France Media Industry PE Ratio Median Figure of 20 Publicly-Listed Media Companies 13.55x
France Market PE Ratio Median Figure of 423 Publicly-Listed Companies 17.6x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of NRJ Group.

ENXTPA:NRG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTPA:NRG Share Price ÷ EPS (both in EUR)

= 6.78 ÷ 0.28

23.86x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NRJ Group is overvalued based on earnings compared to the FR Media industry average.
  • NRJ Group is overvalued based on earnings compared to the France market.
Price based on expected Growth
Does NRJ Group's expected growth come at a high price?
Raw Data
ENXTPA:NRG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 23.86x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
5%per year
France Media Industry PEG Ratio Median Figure of 15 Publicly-Listed Media Companies 1.48x
France Market PEG Ratio Median Figure of 268 Publicly-Listed Companies 1.52x

*Line of best fit is calculated by linear regression .

ENXTPA:NRG PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 23.86x ÷ 5%

4.77x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NRJ Group is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on NRJ Group's assets?
Raw Data
ENXTPA:NRG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in EUR €7.73
ENXTPA:NRG Share Price * ENXTPA (2019-06-17) in EUR €6.78
France Media Industry PB Ratio Median Figure of 27 Publicly-Listed Media Companies 1.44x
France Market PB Ratio Median Figure of 623 Publicly-Listed Companies 1.46x
ENXTPA:NRG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTPA:NRG Share Price ÷ Book Value per Share (both in EUR)

= 6.78 ÷ 7.73

0.88x

* Primary Listing of NRJ Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NRJ Group is good value based on assets compared to the FR Media industry average.
X
Value checks
We assess NRJ Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Media industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Media industry average (and greater than 0)? (1 check)
  5. NRJ Group has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is NRJ Group expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is NRJ Group expected to grow at an attractive rate?
  • NRJ Group's earnings growth is expected to exceed the low risk savings rate of 0.7%.
Growth vs Market Checks
  • NRJ Group's earnings growth is positive but not above the France market average.
  • NRJ Group's revenues are expected to decrease over the next 1-3 years, this is below the France market average.
Annual Growth Rates Comparison
Raw Data
ENXTPA:NRG Future Growth Rates Data Sources
Data Point Source Value (per year)
ENXTPA:NRG Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 5%
ENXTPA:NRG Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts -0.6%
France Media Industry Earnings Growth Rate Market Cap Weighted Average 12%
France Media Industry Revenue Growth Rate Market Cap Weighted Average 4.9%
France Market Earnings Growth Rate Market Cap Weighted Average 12.8%
France Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
ENXTPA:NRG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ENXTPA:NRG Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 406 24 2
2019-12-31 400 23 2
ENXTPA:NRG Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2018-12-31 411 71 22
2018-09-30 410 66 23
2018-06-30 380 60 25
2018-03-31 377 55 23
2017-12-31 402 49 20
2017-09-30 394 45 22
2017-06-30 385 42 24
2017-03-31 380 30 29
2016-12-31 374 18 34
2016-09-30 377 17 31
2016-06-30 380 16 28
2016-03-31 381 40 25

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • NRJ Group's earnings are expected to grow by 5% yearly, however this is not considered high growth (20% yearly).
  • NRJ Group's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ENXTPA:NRG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from NRJ Group Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:NRG Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 0.34 0.38 0.31 2.00
2019-12-31 0.31 0.34 0.29 2.00
ENXTPA:NRG Past Financials Data
Date (Data in EUR Millions) EPS *
2018-12-31 0.28
2018-09-30 0.30
2018-06-30 0.33
2018-03-31 0.29
2017-12-31 0.26
2017-09-30 0.28
2017-06-30 0.30
2017-03-31 0.37
2016-12-31 0.43
2016-09-30 0.39
2016-06-30 0.36
2016-03-31 0.32

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • NRJ Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess NRJ Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the France market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the France market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
NRJ Group has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has NRJ Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare NRJ Group's growth in the last year to its industry (Media).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • NRJ Group's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • NRJ Group's 1-year earnings growth exceeds its 5-year average (11.2% vs 10.1%)
  • NRJ Group's earnings growth has exceeded the FR Media industry average in the past year (11.2% vs 10.2%).
Earnings and Revenue History
NRJ Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from NRJ Group Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ENXTPA:NRG Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 411.04 22.00 118.72
2018-09-30 409.60 23.47 117.51
2018-06-30 380.05 25.33 116.31
2018-03-31 377.18 22.76 114.76
2017-12-31 402.42 19.79 113.21
2017-09-30 393.86 21.69 112.30
2017-06-30 385.30 23.58 111.38
2017-03-31 379.60 28.64 112.94
2016-12-31 373.89 33.69 114.50
2016-09-30 376.88 30.81 115.74
2016-06-30 379.86 27.93 116.98
2016-03-31 380.96 25.29 116.04
2015-12-31 382.05 22.65 115.10
2015-09-30 381.13 17.12 114.96
2015-06-30 380.21 11.58 114.83
2015-03-31 378.53 10.47 115.15
2014-12-31 376.85 9.36 115.47
2014-09-30 379.20 13.76 98.50
2014-06-30 381.55 18.17 81.53
2014-03-31 395.50 18.96 100.63
2013-12-31 409.45 19.75 119.74
2013-09-30 415.41 25.19 174.52
2013-06-30 419.01 30.62 175.20
2013-03-31 408.16 33.86 166.90
2012-12-31 397.31 37.10 158.60
2012-09-30 391.14 41.68 155.25
2012-06-30 384.96 46.26 151.90

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • NRJ Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • NRJ Group used its assets less efficiently than the FR Media industry average last year based on Return on Assets.
  • NRJ Group has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess NRJ Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Media industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
NRJ Group has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is NRJ Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up NRJ Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • NRJ Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • NRJ Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of NRJ Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 18.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from NRJ Group Company Filings, last reported 5 months ago.

ENXTPA:NRG Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 598.57 22.86 221.51
2018-09-30 598.57 22.86 221.51
2018-06-30 586.84 5.60 207.08
2018-03-31 586.84 5.60 207.08
2017-12-31 587.65 7.64 199.67
2017-09-30 587.65 7.64 199.67
2017-06-30 567.95 10.28 181.51
2017-03-31 567.95 10.28 181.51
2016-12-31 561.83 12.76 172.40
2016-09-30 561.83 12.76 172.40
2016-06-30 546.53 15.69 163.71
2016-03-31 546.53 15.69 163.71
2015-12-31 536.03 17.69 186.21
2015-09-30 536.03 17.69 186.21
2015-06-30 525.02 20.22 177.21
2015-03-31 525.02 20.22 177.21
2014-12-31 510.95 22.49 141.53
2014-09-30 510.95 22.49 141.53
2014-06-30 510.68 25.25 126.93
2014-03-31 510.68 25.25 126.93
2013-12-31 514.16 0.07 104.79
2013-09-30 514.16 0.20 105.28
2013-06-30 507.92 3.91 83.29
2013-03-31 507.92 3.91 83.29
2012-12-31 498.09 1.85 85.29
2012-09-30 498.09 1.85 85.29
2012-06-30 474.58 0.91 69.54
  • NRJ Group's level of debt (3.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.1% vs 3.8% today).
  • Debt is well covered by operating cash flow (308.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 1152.5x coverage).
X
Financial health checks
We assess NRJ Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. NRJ Group has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is NRJ Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.51%
Current annual income from NRJ Group dividends. Estimated to be 2.69% next year.
If you bought €2,000 of NRJ Group shares you are expected to receive €50 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • NRJ Group's pays a higher dividend yield than the bottom 25% of dividend payers in France (1.54%).
  • NRJ Group's dividend is below the markets top 25% of dividend payers in France (4.41%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
ENXTPA:NRG Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
France Media Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 4.3%
France Market Average Dividend Yield Market Cap Weighted Average of 322 Stocks 3.1%
France Minimum Threshold Dividend Yield 10th Percentile 0.9%
France Bottom 25% Dividend Yield 25th Percentile 1.5%
France Top 25% Dividend Yield 75th Percentile 4.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

ENXTPA:NRG Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.19 2.00
2019-12-31 0.18 2.00
ENXTPA:NRG Past Annualized Dividends Data
Date (Data in €) Dividend per share (annual) Avg. Yield (%)
2019-03-29 0.170 2.492
2019-03-14 0.170 2.299
2018-04-03 0.150 1.864
2013-08-30 0.000 0.000
2013-08-29 0.000 0.000
2013-03-28 0.000 0.000
2013-03-19 0.000 0.000
2012-03-30 0.300 5.378
2012-03-15 0.300 4.498
2011-03-17 0.300 4.106
2010-04-16 0.200 2.794
2010-03-25 0.200 2.869
2009-08-28 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NRJ Group has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • NRJ Group has only been paying a dividend for 9 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of NRJ Group's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.7x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.9x coverage).
X
Income/ dividend checks
We assess NRJ Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can NRJ Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. NRJ Group has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of NRJ Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jean-Paul Baudecroux
COMPENSATION €598,351
AGE 72
TENURE AS CEO 11.1 years
CEO Bio

Mr. Jean-Paul Baudecroux Founded NRJ and has been its Chief Executive Officer since May 2008. Mr. Baudecroux has been the Chairman of the Board of NRJ since June 27, 2008. He served as the Chairman of the Supervisory Board at NRJ from March 27, 2007 to June 27, 2008. Mr. Baudecroux served as the Chairman of the Supervisory Board at NRJ SA since March 27, 1997. He served as a Member of Supervisory Board at NRJ.

CEO Compensation
  • Jean-Paul's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.
  • Jean-Paul's remuneration is lower than average for companies of similar size in France.
Management Team

Jean-Paul Baudecroux

TITLE
Founder
COMPENSATION
€598K
AGE
72
TENURE
11.1 yrs

Maryam Bremond

TITLE
Managing Director of General Management
COMPENSATION
€403K
AGE
54

Philippe Boindrieux

TITLE
Deputy Managing Director of Finance
COMPENSATION
€393K
TENURE
0.7 yrs

Jacques Roques

TITLE
Managing Director of Technical Division
COMPENSATION
€70K

Morgan Serrano

TITLE
Managing Director of The Group NRJ Music Media & Related Websites
Board of Directors Tenure

Average tenure and age of the NRJ Group board of directors in years:

11
Average Tenure
56
Average Age
  • The average tenure for the NRJ Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Maryam Bremond

TITLE
Managing Director of General Management
COMPENSATION
€403K
AGE
54
TENURE
11 yrs

Jérôme Gallot

TITLE
Director
COMPENSATION
€26K
AGE
58

Jean-Paul Baudecroux

TITLE
Founder
COMPENSATION
€598K
AGE
72
TENURE
11 yrs

Antoine Giscard d'Estaing

TITLE
Independent Director
COMPENSATION
€20K
AGE
57
TENURE
11 yrs

Vibeke Rostorp

TITLE
Director
COMPENSATION
€6K
AGE
46
TENURE
11 yrs

Muriel Sztajman

TITLE
Director
AGE
55
TENURE
9.1 yrs

Paul Baudecroux Rostorp

TITLE
Director

Mélanie D'Auzac

TITLE
Representative Director
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess NRJ Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. NRJ Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Should You Be Tempted To Sell NRJ Group SA (EPA:NRG) Because Of Its P/E Ratio?

We'll apply a basic P/E ratio analysis to NRJ Group SA's (EPA:NRG), to help you decide if the stock is worth further research. … The formula for P/E is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for NRJ Group: P/E of 23.3 = €6.62 ÷ €0.28 (Based on the year to December 2018.) Is A High Price-to-Earnings Ratio Good? … The higher the P/E ratio, the higher the price tag of a business, relative to its trailing earnings.

Simply Wall St -

How NRJ Group SA (EPA:NRG) Could Add Value To Your Portfolio

Help shape the future of investing tools and you could win a $250 gift card! … NRJ Group SA (EPA:NRG) is a stock with outstanding fundamental characteristics. … When we build an investment case, we need to look at the stock with a holistic perspective.

Simply Wall St -

Is NRJ Group SA (EPA:NRG) Struggling With Its 3.7% Return On Capital Employed?

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Is NRJ Group SA (EPA:NRG) A Smart Choice For Dividend Investors?

Historically, NRJ Group SA (EPA:NRG) has paid a dividend to shareholders. … Does NRJ Group tick all the boxes of a great dividend stock? … 5 checks you should do on a dividend stock

Simply Wall St -

Should You Be Pleased About The CEO Pay At NRJ Group SA's (EPA:NRG)

In 2008 Jean-Paul Baudecroux was appointed CEO of NRJ Group SA (EPA:NRG). … This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Jean-Paul Baudecroux's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Is NRJ Group SA's (EPA:NRG) 4.3% ROE Worse Than Average?

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it is important. … One way to conceptualize this, is that for each €1 of shareholders' equity it has, the company made €0.043 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Why Fundamental Investors Might Love NRJ Group SA (EPA:NRG)

Today I've chosen to put the spotlight on NRJ Group SA (EPA:NRG) due to its excellent fundamentals in more than one area. … Below, I've touched on some key aspects you should know on a high level … For those interested in understanding where the figures come from and want to see the analysis,

Simply Wall St -

Has NRJ Group SA (EPA:NRG) Improved Earnings Growth In Recent Times?

Improvement in profitability and outperformance against the industry can be important characteristics in a stock for some investors. … Could NRG beat the long-term trend and outperform its industry. … Furthermore, this one-year growth rate has exceeded its 5-year annual growth average of 6.1%, indicating the rate at which NRG is growing has accelerated

Simply Wall St -

Understanding Your Return On Investment In NRJ Group SA (EPA:NRG)

and want to begin learning the link between NRJ Group SA (EPA:NRG)’s return fundamentals and stock market performance. … Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … Thus, to understand how your money can grow by investing in NRJ Group, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)

Simply Wall St -

What Does NRJ Group SA's (EPA:NRG) P/E Ratio Tell You?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … How Do I Calculate A Price To Earnings Ratio … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Company Info

Description

NRJ Group SA, together with its subsidiaries, publishes, produces, broadcasts, and markets its own media spaces. It operates 4 radio stations under the NRJ, CHERIE, NOSTALGIE, and RIRE & CHANSONS brands; 8 Websites; 240 digital radios; and 12 mobile applications, as well as a replay TV. The company also operates two national channels, which include NRJ 12 and CHERIE 25; and NRJ Hits, a music channel for cable satellite. In addition, it engages in advertising activities; marketing activities; operates musical shows under the NRJ Music label; and computer, audio and audio visual, trademark licensing, and real estate activities. It has operations in France, Germany, Austria, Belgium, Switzerland, Sweden, Norway, Finland, and internationally. NRJ Group SA was founded in 1981 and is based in Paris, France.

Details
Name: NRJ Group SA
NRG
Exchange: ENXTPA
Founded: 1981
€531,662,147
78,416,246
Website: http://www.nrjgroup.fr
Address: NRJ Group SA
22 Rue Boileau,
Cedex 16,
Paris,
Ile-de-France, 75203,
France
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTPA NRG Ordinary Shares Euronext Paris FR EUR 16. Jun 2000
LSE 0IXL Ordinary Shares London Stock Exchange GB EUR 16. Jun 2000
BATS-CHIXE NRGP Ordinary Shares BATS 'Chi-X Europe' GB EUR 16. Jun 2000
Number of employees
Current staff
Staff numbers
1,550
NRJ Group employees.
Industry
Broadcasting
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/17 20:41
End of day share price update: 2019/06/17 00:00
Last estimates confirmation: 2019/05/07
Last earnings filing: 2019/03/29
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.