ENXTPA:TCH

Stock Analysis Report

Executive Summary

Technicolor SA develops video technologies, products, and services for the media and entertainment sectors worldwide.


Snowflake Analysis

Weak fundamentals or lack of information.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: TCH's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

14.5%

TCH

-2.7%

FR Entertainment

7.1%

FR Market


1 Year Return

-78.0%

TCH

-29.1%

FR Entertainment

-17.6%

FR Market

Return vs Industry: TCH underperformed the French Entertainment industry which returned -25.3% over the past year.

Return vs Market: TCH underperformed the French Market which returned -12.9% over the past year.


Shareholder returns

TCHIndustryMarket
7 Day14.5%-2.7%7.1%
30 Day-19.8%-23.0%-22.3%
90 Day-67.3%-25.8%-25.9%
1 Year-78.0%-78.0%-28.0%-29.1%-14.8%-17.6%
3 Year-94.7%-94.8%4.4%-0.5%0.07%-9.2%
5 Year-96.0%-96.3%1.3%-15.5%9.7%-5.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

2.59x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TCH's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TCH's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: TCH is overvalued based on its PB Ratio (2.6x) compared to the FR Entertainment industry average (1.5x).


Next Steps

Future Growth

How is Technicolor forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

55.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TCH is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: TCH is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: TCH is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: TCH's revenue is expected to decline over the next 3 years (-4.9% per year).

High Growth Revenue: TCH's revenue is forecast to decline over the next 3 years (-4.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if TCH's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Technicolor performed over the past 5 years?

-56.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TCH is currently unprofitable.

Growing Profit Margin: TCH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TCH is unprofitable, and losses have increased over the past 5 years at a rate of -56.2% per year.

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

Earnings vs Industry: TCH is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (0.7%).


Return on Equity

High ROE: TCH has a negative Return on Equity (-577.78%), as it is currently unprofitable.


Next Steps

Financial Health

How is Technicolor's financial position?


Financial Position Analysis

Short Term Liabilities: TCH's short term assets (€1.1B) do not cover its short term liabilities (€1.5B).

Long Term Liabilities: TCH's short term assets (€1.1B) do not cover its long term liabilities (€1.6B).


Debt to Equity History and Analysis

Debt Level: TCH's debt to equity ratio (2744.4%) is considered high.

Reducing Debt: TCH's debt to equity ratio has increased from 414.4% to 2744.4% over the past 5 years.


Balance Sheet

Inventory Level: TCH has a high level of physical assets or inventory.

Debt Coverage by Assets: TCH's debt is covered by short term assets (assets are 1.1x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: TCH has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: TCH has less than a year of cash runway if free cash flow continues to reduce at historical rates of -41.9% each year


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate TCH's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TCH's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

3.2yrs

Average management tenure


CEO

Richard Moat (64yo)

0.33

Tenure

Mr. Richard Frank Moat has been Chief Executive Officer and Director of Technicolor SA since November 5, 2019. Mr. Moat serves as Senior Independent Non-Executive Director at International Personal Finance ...


Leadership Team

NamePositionTenureCompensationOwnership
Richard Moat
CEO & Director0.33yrno datano data
Laurent Carozzi
Chief Financial Officer2yrsno datano data
Ginny Davis
Chief Information Officer & Chief Security Officer12.17yrsno datano data
Adrien Cadieux
Group General Counsel & Company Secretaryno datano datano data
Olga Damiron
Executive Vice President of Human Resources & Corporate Social Responsibility0.083yrno datano data
Tim Sarnoff
Deputy CEO & President of Production Services Division5.08yrsno datano data
Steven Wendland
Creative Head & VP of Animation12.17yrsno datano data
Gary Donnan
Executive Vice President of Standards & Technology Affairsno datano datano data
Georges Laplanche
Head of Connected Home - APAC4.17yrsno datano data
Mercedes Pastor
Executive Vice President of CPE Business Unit - Connected Home2.17yrsno datano data

3.2yrs

Average Tenure

56.5yo

Average Age

Experienced Management: TCH's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Richard Moat
CEO & Director0.33yrno datano data
Henry Fuchs
Member of Scientific Councilno datano datano data
Robert White
Member of Scientific Councilno datano datano data
Ana María García Fau
Independent Director3.92yrs€91.00k0.00024% 223.6
Charles Swartz
Member of Scientific Councilno datano datano data
Dipankar Raychaudhuri
Member of Scientific Councilno datano datano data
Melinda Mount
Independent Vice Chairman of the Board1.08yrs€98.50k0.0051% 4.7k
Anne Bouverot
Chair of the Board0.75yrno datano data
Thierry Sommelet
Independent Director4.17yrs€81.50kno data
Xavier Cauchois
Director0.75yrno datano data

0.9yrs

Average Tenure

60.5yo

Average Age

Experienced Board: TCH's board of directors are not considered experienced ( 0.9 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

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


Key Information

  • Name: Technicolor SA
  • Ticker: TCH
  • Exchange: ENXTPA
  • Founded: 1953
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: €93.171m
  • Shares outstanding: 414.46m
  • Website: https://www.technicolor.com

Number of Employees


Location

  • Technicolor SA
  • 8-10 rue du Renard
  • Paris
  • Ile-de-France
  • 75004
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TCLR.YOTCPK (Pink Sheets LLC)SPNSRD ADR NEWUSUSDNov 1999
THNR.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDNov 1999
TCHENXTPA (Euronext Paris)YesCommon StockFREURNov 1999
TNM1DB (Deutsche Boerse AG)YesCommon StockDEEURNov 1999
0MV8LSE (London Stock Exchange)YesCommon StockGBEURNov 1999
TCHPBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURNov 1999

Biography

Technicolor SA develops video technologies, products, and services for the media and entertainment sectors worldwide. It operates through two segments, Entertainment Services and Connected Home. The Entertainment Services segment offers visual effects (VFX) services, including pre-visualization, asset creation, texturing, animation, rigging, rotoscoping, lighting, match move, and compositing; computer-generated imagery animation solutions; and post production services, such as camera capture on the production set and creation of final distribution masters comprising on-set services, color correction, and VFX integration. It also replicates, packages, and distributes DVD, Blu-ray discs, and CDs; and provides turnkey integrated supply-chain solutions, as well as virtual reality/augmented reality and other technology work, resources, and technical services. This segment offers its services for feature films, TV series, advertising, video games, and other audiovisual content. The Connected Home segment offers a portfolio of broadband and video customer premise equipment, including broadband modems and gateways, digital set-top boxes, and Internet of Things connected devices for Pay-Tv operators and network service providers. The company was founded in 1953 and is headquartered in Paris, France. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/27 20:59
End of Day Share Price2020/03/27 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.