TF1 Management
Management criteria checks 3/4
TF1's CEO is Rodolphe Belmer, appointed in Oct 2022, has a tenure of 3.75 years. total yearly compensation is €2.61M, comprised of 35.3% salary and 64.7% bonuses, including company stock and options. directly owns 0.001% of the company’s shares, worth €10.14K. The average tenure of the management team and the board of directors is 5.8 years and 4.8 years respectively.
Key information
Rodolphe Belmer
Chief executive officer
€2.6m
Total compensation
| CEO salary percentage | 35.27% |
| CEO tenure | 3.8yrs |
| CEO ownership | 0.0007% |
| Management average tenure | 5.8yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
Narrative Update • Jun 24
TFI: Netflix Partnership Will Offset Softer Margins And Support Dividend Commitment
Analysts have reduced their price target on TF1 to €9.60. This reflects a more cautious view on revenue growth, profit margins and the P/E multiple that investors might be willing to pay for the stock.
Narrative Update • Jun 09
TFI: Dividend Policy And Higher Margins Will Support Bullish Re Rating
The analyst price target for TF1 has been reduced from €10.00 to €9.60 as analysts incorporate updated assumptions for discount rate, revenue growth, profit margin, and future P/E. What's in the News No recent TF1 specific news or key developments were identified in the provided sources.
Narrative Update • May 26
TFI: Future P/E Reset Will Support Rebound From Recent Downgrades
Analysts have reduced their price target on TF1 to €7 from €9.60, reflecting recent downgrades and concerns about the company's relative position in European media during the Middle East conflict. Analyst Commentary Bullish Takeaways Bullish analysts still see value support above the latest €7 target, with earlier research setting a higher level at €9.60, which suggests some room if execution on core TV and advertising operations meets expectations.Narrative Update • May 02
TFI: Future P/E Reset Will Support Dividend Led Upside Potential
TF1's analyst price target has been reset lower from about €9.72 to €8.15 as analysts factor in reduced fair value estimates and lower future P/E assumptions, along with recent target cuts and a downgrade that reference the company's positioning in European media. Analyst Commentary Recent research points to a series of price target resets for TF1, with JPMorgan and other firms revising their views as they reassess valuation assumptions and sector risks.Narrative Update • Apr 17
TFI: Dividend Policy And Overweight Stance Will Support Bullish Re Rating
Narrative Update on TF1 The analyst price target for TF1 has shifted to a range anchored by recent cuts from €12.40 to €9.90 and then to €9.60, as analysts factor in weaker relative positioning in European media and reassess valuation assumptions, including P/E expectations and margin sustainability. Analyst Commentary Recent Street research on TF1 highlights a mix of cautious and constructive views, with price targets shifting as analysts reassess the company’s positioning in European media and revisit assumptions around margins and P/E levels.Narrative Update • Apr 03
TFI: Dividend Commitment Will Face Pressure From Softer European Media Position
Analyst price targets on TF1 have been revised lower toward €7, with the shift reflecting a more cautious view on the group's position in European media and its earnings outlook, as highlighted in recent research downgrades and target cuts. Analyst Commentary Recent research on TF1 has shifted toward a more cautious tone, with several bearish analysts reducing ratings and cutting price targets closer to €7.Narrative Update • Mar 20
TFI: Dividend Commitment And Overweight Rating Will Support Bullish Re Rating
Analysts have trimmed their fair value estimate for TF1 to €10.00 from €12.40, reflecting lower assumed revenue growth and profit margins, a slightly higher discount rate, and recent price target cuts and downgrades on the stock. Analyst Commentary Recent Street research on TF1 has shifted more cautious overall, with cuts to fair value and ratings.Narrative Update • Mar 05
TFI: Dividend Pledge Will Be Tested By Softer Media Positioning
TF1's analyst price target has shifted down to around €7, with analysts pointing to the stock's weaker relative positioning in European media, as well as updated assumptions on revenue growth, margins, and a lower future P/E multiple. Analyst Commentary Recent research updates on TF1 have leaned more cautious, with several bearish analysts cutting price targets and reassessing where the shares should trade relative to the broader European media peer group.Narrative Update • Feb 19
TFI: Dividend Commitment Will Face Test From Softer Margins And Advertising Risks
Analysts have trimmed their price target on TF1 from €7.90 to €7.30, citing weaker assumptions for revenue growth and profit margins, along with a higher expected P/E multiple. Analyst Commentary Bearish analysts are turning more cautious on TF1, with at least one research house moving to a more negative stance on the shares and cutting its price target.Narrative Update • Feb 05
TFI: Higher Future P/E Will Support Repriced Earnings Upside Potential
Analysts have trimmed their fair value estimate for TF1 from €10.13 to €9.72, pointing to softer revenue expectations, a lower projected profit margin, and a higher future P/E multiple as key drivers behind the reduced price target. Analyst Commentary Bullish Takeaways Bullish analysts still see support for TF1's revised fair value of €9.72, suggesting that the current valuation already reflects softer revenue expectations and tighter profit assumptions.Narrative Update • Jan 22
TFI: Higher Future P/E Assumptions Will Drive Bullish Re Rating
Analysts have trimmed their price target on TF1 to €12.40, reflecting updated assumptions for slightly lower revenue growth, a meaningfully lower profit margin profile, and a higher future P/E multiple, in part following more cautious recent research commentary on the shares. Analyst Commentary Recent research has grown more cautious on TF1, with some price targets adjusted to reflect expectations for softer revenue trends and profitability.Narrative Update • Jan 08
TFI: Stable Assumptions And P/E Will Support Bullish Upside Potential
Analysts have kept their TF1 price target broadly steady at about €10.13, reflecting only marginal tweaks to assumptions on revenue growth, profit margins and future P/E that do not materially change their overall view of the shares. Valuation Changes Fair Value: Kept unchanged at about €10.13 per share, indicating no revision to the central valuation estimate.Narrative Update • Dec 24
TFI: Margin Upside And Cost Control Will Drive Bullish Re-Rating
Analysts have nudged their fair value estimate for TF1 down slightly to EUR 12.40 from EUR 13.50, despite a higher EUR 13.70 Street price target. This reflects modestly softer long term revenue growth assumptions, partly offset by a slightly improved profit margin outlook and a lower future P E multiple.Analysis Article • Dec 12
We Think TF1 (EPA:TFI) Can Stay On Top Of Its Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Narrative Update • Dec 10
TFI: Raised EUR 13.70 Outlook Will Rely On Stronger Cash Generation
Analysts have modestly raised their fair value estimate for TF1 to EUR 13.70 from EUR 13.50, reflecting slightly higher long term valuation expectations despite more conservative assumptions for revenue growth and profit margins. Analyst Commentary Recent commentary has highlighted a cautiously constructive stance on TF1.Analysis Article • Nov 02
Analysts Have Made A Financial Statement On TF1 SA's (EPA:TFI) Third-Quarter Report
Shareholders might have noticed that TF1 SA ( EPA:TFI ) filed its quarterly result this time last week. The early...Analysis Article • Aug 27
Should You Think About Buying TF1 SA (EPA:TFI) Now?
While TF1 SA ( EPA:TFI ) might not have the largest market cap around , it saw significant share price movement during...Analysis Article • Jul 22
TF1 (EPA:TFI) Has A Pretty Healthy Balance Sheet
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Apr 11
TF1 (EPA:TFI) Is Paying Out A Larger Dividend Than Last Year
The board of TF1 SA ( EPA:TFI ) has announced that it will be paying its dividend of €0.60 on the 28th of April, an...Analysis Article • Mar 26
There Is A Reason TF1 SA's (EPA:TFI) Price Is Undemanding
When close to half the companies in France have price-to-earnings ratios (or "P/E's") above 16x, you may consider TF1...Analysis Article • Mar 08
Is It Time To Consider Buying TF1 SA (EPA:TFI)?
TF1 SA ( EPA:TFI ), is not the largest company out there, but it saw a double-digit share price rise of over 10% in the...Analysis Article • Feb 18
TF1 SA (EPA:TFI) Annual Results: Here's What Analysts Are Forecasting For This Year
Investors in TF1 SA ( EPA:TFI ) had a good week, as its shares rose 3.7% to close at €8.07 following the release of its...
New Narrative • Feb 08
Upcoming Releases From Newen Studios Will Broaden Content Offerings And Reach In The Future
TF1+'s growth in digital advertising and content expansion is set to boost revenue and enhance geographic reach.Analysis Article • Nov 07
TF1's (EPA:TFI) Performance Is Even Better Than Its Earnings Suggest
TF1 SA's ( EPA:TFI ) earnings announcement last week was disappointing for investors, despite the decent profit...Analysis Article • Nov 02
TF1 SA (EPA:TFI) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Last week, you might have seen that TF1 SA ( EPA:TFI ) released its third-quarter result to the market. The early...Analysis Article • Jul 28
Analysts Are Updating Their TF1 SA (EPA:TFI) Estimates After Its Half-Yearly Results
Last week saw the newest half-year earnings release from TF1 SA ( EPA:TFI ), an important milestone in the company's...Analysis Article • Mar 20
We Think TF1's (EPA:TFI) Solid Earnings Are Understated
TF1 SA's ( EPA:TFI ) recent earnings report didn't offer any surprises, with the shares unchanged over the last week...Analysis Article • Feb 24
TF1 (EPA:TFI) Is Increasing Its Dividend To €0.55
TF1 SA ( EPA:TFI ) will increase its dividend from last year's comparable payment on the 24th of April to €0.55. This...Analysis Article • Feb 18
TF1 SA (EPA:TFI) Just Released Its Annual Results And Analysts Are Updating Their Estimates
Shareholders of TF1 SA ( EPA:TFI ) will be pleased this week, given that the stock price is up 12% to €8.74 following...Analysis Article • Jan 27
TF1 SA's (EPA:TFI) Shares Not Telling The Full Story
When close to half the companies in France have price-to-earnings ratios (or "P/E's") above 16x, you may consider TF1...Analysis Article • Jan 09
Is Now An Opportune Moment To Examine TF1 SA (EPA:TFI)?
TF1 SA ( EPA:TFI ), might not be a large cap stock, but it saw a decent share price growth of 15% on the ENXTPA over...Analysis Article • Oct 26
These 4 Measures Indicate That TF1 (EPA:TFI) Is Using Debt Reasonably Well
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Sep 28
Is Now An Opportune Moment To Examine TF1 SA (EPA:TFI)?
TF1 SA ( EPA:TFI ), might not be a large cap stock, but it saw a decent share price growth in the teens level on the...Analysis Article • Jun 22
Is Now An Opportune Moment To Examine TF1 SA (EPA:TFI)?
While TF1 SA ( EPA:TFI ) might not be the most widely known stock at the moment, it received a lot of attention from a...Analysis Article • May 07
TF1 (EPA:TFI) Seems To Use Debt Quite Sensibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Apr 05
Télévision Française 1 Société anonyme's (EPA:TFI) Upcoming Dividend Will Be Larger Than Last Year's
Télévision Française 1 Société anonyme's ( EPA:TFI ) dividend will be increasing from last year's payment of the same...Analysis Article • Mar 09
Is It Time To Consider Buying Télévision Française 1 Société anonyme (EPA:TFI)?
Télévision Française 1 Société anonyme ( EPA:TFI ), is not the largest company out there, but it saw a double-digit...Analysis Article • Feb 18
Télévision Française 1 Société anonyme (EPA:TFI) Is Increasing Its Dividend To €0.50
Télévision Française 1 Société anonyme ( EPA:TFI ) has announced that it will be increasing its dividend from last...Analysis Article • Jan 05
Are Investors Undervaluing Télévision Française 1 Société anonyme (EPA:TFI) By 28%?
Key Insights Télévision Française 1 Société anonyme's estimated fair value is €10.3 based on 2 Stage Free Cash Flow to...Analysis Article • Oct 19
What Does Télévision Française 1 Société anonyme's (EPA:TFI) Share Price Indicate?
Télévision Française 1 Société anonyme ( EPA:TFI ), might not be a large cap stock, but it received a lot of attention...Analysis Article • Sep 28
We Think Télévision Française 1 Société anonyme (EPA:TFI) Can Manage Its Debt With Ease
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Jul 03
When Should You Buy Télévision Française 1 Société anonyme (EPA:TFI)?
Télévision Française 1 Société anonyme ( EPA:TFI ), is not the largest company out there, but it received a lot of...Analysis Article • Jun 12
We Think Télévision Française 1 Société anonyme (EPA:TFI) Can Manage Its Debt With Ease
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Mar 26
Should You Investigate Télévision Française 1 Société anonyme (EPA:TFI) At €9.11?
While Télévision Française 1 Société anonyme ( EPA:TFI ) might not be the most widely known stock at the moment, it saw...Analysis Article • Mar 03
Is Télévision Française 1 Société anonyme (EPA:TFI) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | €142m |
| Dec 31 2025 | €3m | €920k | €153m |
| Sep 30 2025 | n/a | n/a | €183m |
| Jun 30 2025 | n/a | n/a | €188m |
| Mar 31 2025 | n/a | n/a | €191m |
| Dec 31 2024 | €3m | €920k | €206m |
| Sep 30 2024 | n/a | n/a | €198m |
| Jun 30 2024 | n/a | n/a | €187m |
| Mar 31 2024 | n/a | n/a | €194m |
| Dec 31 2023 | €3m | €920k | €192m |
| Sep 30 2023 | n/a | n/a | €165m |
| Jun 30 2023 | n/a | n/a | €151m |
| Mar 31 2023 | n/a | n/a | €170m |
| Dec 31 2022 | €1m | €212k | €176m |
Compensation vs Market: Rodolphe's total compensation ($USD2.98M) is above average for companies of similar size in the French market ($USD1.61M).
Compensation vs Earnings: Rodolphe's compensation has been consistent with company performance over the past year.
CEO
Rodolphe Belmer (57 yo)
3.8yrs
Tenure
€2,608,720
Compensation
Mr. Rodolphe Belmer serves as Chief Executive Officer of TF1 SA (Formerly, Télévision Française 1 Société anonyme) since October 27, 2022 and also serves as its Chairman of the Board since February 13, 202...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 3.8yrs | €2.61m | 0.00071% € 10.1k | |
| Executive Vice President of Finance & Procurement | 10.4yrs | no data | no data | |
| Head of Technologies & Information Systems | 3.2yrs | no data | no data | |
| Head of Financial Communication and Investor Relations | no data | no data | no data | |
| General Counsel | 3.5yrs | no data | no data | |
| Chief Communications & Brand Officer | 1.5yrs | no data | no data | |
| Executive Vice President of Human Resources & CSR | 3.8yrs | no data | no data | |
| Executive Vice President of Content | 10.4yrs | no data | no data | |
| Executive Vice President of News | 8.8yrs | no data | no data | |
| Head of International Advertising | no data | no data | no data | |
| Head of External Relations | 8.1yrs | no data | no data | |
| Head of Special Features Channels | 7.8yrs | no data | no data |
5.8yrs
Average Tenure
58.5yo
Average Age
Experienced Management: TFI's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Chairman of the Board | 3.4yrs | €2.61m | 0.00071% € 10.1k | |
| CEO of Newen Studios & Chairman of Newen Group | no data | no data | no data | |
| Independent Director | 4.3yrs | €60.00k | 0.0014% € 20.4k | |
| Non-Independent Director | 13.3yrs | €40.00k | 0.000050% € 713.8 | |
| Non-Voting Director | no data | no data | 0.010% € 148.9k | |
| Independent Director | 7.3yrs | €50.00k | 0.00024% € 3.4k | |
| Employee Representative Non-Independent Director | 12.3yrs | €40.00k | 0% € 0 | |
| Independent Director | 1.3yrs | €50.16k | 0.00024% € 3.4k | |
| Director | less than a year | no data | no data | |
| Representative Director | 6.2yrs | €30.00k | no data | |
| Employee Shareholder Representative Director | 5.3yrs | €40.00k | 0% € 0 | |
| Employee Representative Director | 2.3yrs | €40.00k | 0.000010% € 142.8 |
4.8yrs
Average Tenure
56yo
Average Age
Experienced Board: TFI's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/06 15:35 |
| End of Day Share Price | 2026/07/06 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
TF1 SA is covered by 22 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| JULIEN ROCH | Barclays |
| Christophe Cherblanc | Bernstein |
| Annick Maas | Bernstein |