Vivendi Past Earnings Performance
Past criteria checks 2/6
Vivendi has been growing earnings at an average annual rate of 20.4%, while the Entertainment industry saw earnings growing at 8.8% annually. Revenues have been declining at an average rate of 46.2% per year. Vivendi's return on equity is 0.4%, and it has net margins of 5.9%.
Key information
20.42%
Earnings growth rate
19.07%
EPS growth rate
| Entertainment Industry Growth | -36.48% |
| Revenue growth rate | -46.20% |
| Return on equity | 0.38% |
| Net Margin | 5.86% |
| Last Earnings Update | 31 Dec 2025 |
Recent past performance updates
Recent updates
Narrative Update • Apr 28
VIV: Luxury Media Expansion And Buybacks Will Support Future Earnings Power
Vivendi's updated analyst price targets have shifted by €0.30 overall as analysts fine tune their expectations following a series of small target raises and cuts that reflect revised assumptions on fair value, discount rates, revenue growth and profit margins. Analyst Commentary Recent Street research on Vivendi shows a mix of higher and lower price targets, with the net €0.30 shift reflecting how closely analysts are recalibrating their views on valuation, execution and earnings power.
Narrative Update • Apr 13
VIV: Cooler Outlook And Buyback Plan Will Shape Near Term
Narrative Update on Vivendi The analyst price target for Vivendi has been reduced from €2.80 to €2.20, with analysts pointing to updates in fair value estimates, a higher discount rate, and revised expectations for revenue growth, profit margins, and future P/E as key drivers of the change. Analyst Commentary Recent Street research on Vivendi reflects a more cautious tone, with several bearish analysts trimming price targets in quick succession.
Narrative Update • Mar 30
VIV: Future Returns Will Reflect Moderated Expectations And Ongoing Share Repurchase Support
Narrative Update The updated analyst price target for Vivendi has edged lower by about €0.60, as analysts factor in a slightly higher discount rate, more moderate revenue growth assumptions, a marginally firmer profit margin outlook, and a small adjustment to the future P/E multiple. Analyst Commentary Recent research points to a slightly more cautious stance on Vivendi, with updated price targets reflecting a reassessment of both execution risks and longer term growth potential.Narrative Update • Mar 16
VIV: Future Returns Will Benefit From Repriced Earnings Multiple Assumptions
Analysts have trimmed their Vivendi price target from €3.16 to €2.66 as they factor in a higher discount rate, adjust profit margin expectations lower, and apply a much higher future P/E multiple in their valuation work. Valuation Changes Fair Value: revised from €3.16 to €2.66, reflecting a lower central estimate for the shares.Narrative Update • Dec 20
VIV: Stronger Margins Will Support Upgraded Earnings Power And Upside Potential
Vivendi's analyst price target has been modestly increased to EUR 3.00 from EUR 2.90, as analysts point to slightly faster expected revenue growth, significantly stronger profit margins, and a lower assumed future P/E multiple to support the revised fair value. Analyst Commentary Recent updates from bullish analysts signal growing confidence in Vivendi's earnings power and strategic execution, even as the nominal change in the price target appears modest.Narrative Update • Dec 06
VIV: Long-Term Returns Will Benefit From Lower Perceived Cash Flow Risk
Vivendi's analyst price target has been modestly increased to EUR 3.00 from EUR 2.90, as analysts cite a slightly lower discount rate and marginally improved long term valuation assumptions, despite only negligible changes to revenue growth and profitability forecasts. Analyst Commentary Recent research updates highlight a nuanced view of Vivendi, with modest target changes but a consistent positive stance on the shares.Narrative Update • Nov 22
VIV: Long-Term Returns Will Remain Resilient Despite Price Estimate Revisions
Vivendi’s fair value price target has been reduced from €3.55 to €3.20. Analysts cite modestly slower revenue growth and a higher discount rate as reasons for the revision.Narrative Update • Aug 07
Focusing On Listed Investments And Cost Management At Gameloft Will Unlock Future Value For Stakeholders
Vivendi's fair value estimate has seen a marginal upward revision, as both the consensus analyst price target and future P/E multiple remain essentially unchanged. What's in the News The European Commission has formally accused Vivendi of breaching EU merger rules during its takeover of Lagardère, specifically for implementing the transaction prior to notifying regulators and obtaining necessary approvals.
New Narrative • Mar 09
Focusing On Listed Investments And Cost Management At Gameloft Will Unlock Future Value For Stakeholders
Transformation and restructuring through asset spin-offs aim to unlock value, enhancing revenue and earnings as Vivendi focuses on listed investments.Analysis Article • Apr 24
Vivendi SE (EPA:VIV) Could Be Riskier Than It Looks
With a median price-to-sales (or "P/S") ratio of close to 0.7x in the Media industry in France, you could be forgiven...Analysis Article • Apr 05
Here's Why Vivendi (EPA:VIV) Can Manage Its Debt Responsibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Mar 15
The Strong Earnings Posted By Vivendi (EPA:VIV) Are A Good Indication Of The Strength Of The Business
Even though Vivendi SE's ( EPA:VIV ) recent earnings release was robust, the market didn't seem to notice. Our analysis...Analysis Article • Mar 02
When Should You Buy Vivendi SE (EPA:VIV)?
Today we're going to take a look at the well-established Vivendi SE ( EPA:VIV ). The company's stock received a lot of...Analysis Article • Jan 08
Are Investors Undervaluing Vivendi SE (EPA:VIV) By 32%?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Vivendi fair value estimate is €14.48 Vivendi is estimated to...Analysis Article • Dec 14
Vivendi (EPA:VIV) Seems To Use Debt Quite Sensibly
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 • Nov 23
When Should You Buy Vivendi SE (EPA:VIV)?
While Vivendi SE ( EPA:VIV ) might not be the most widely known stock at the moment, it had a relatively subdued couple...Analysis Article • Sep 08
Vivendi SE's (EPA:VIV) Intrinsic Value Is Potentially 39% Above Its Share Price
Key Insights Vivendi's estimated fair value is €11.32 based on 2 Stage Free Cash Flow to Equity Vivendi is estimated to...Analysis Article • Aug 17
These 4 Measures Indicate That Vivendi (EPA:VIV) Is Using Debt Reasonably Well
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Jul 30
Is It Time To Consider Buying Vivendi SE (EPA:VIV)?
Vivendi SE ( EPA:VIV ), is not the largest company out there, but it received a lot of attention from a substantial...Analysis Article • Apr 14
Vivendi (EPA:VIV) Has A Pretty Healthy Balance Sheet
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 • Feb 06
Should You Think About Buying Vivendi SE (EPA:VIV) Now?
Today we're going to take a look at the well-established Vivendi SE ( EPA:VIV ). The company's stock saw a decent share...Analysis Article • Dec 11
Estimating The Fair Value Of Vivendi SE (EPA:VIV)
How far off is Vivendi SE ( EPA:VIV ) from its intrinsic value? Using the most recent financial data, we'll take a look...Analysis Article • Oct 28
At €8.34, Is It Time To Put Vivendi SE (EPA:VIV) On Your Watch List?
While Vivendi SE ( EPA:VIV ) might not be the most widely known stock at the moment, it received a lot of attention...Analysis Article • Sep 15
These 4 Measures Indicate That Vivendi (EPA:VIV) 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 • Aug 25
Estimating The Intrinsic Value Of Vivendi SE (EPA:VIV)
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Vivendi SE ( EPA:VIV...Analysis Article • Jul 14
Is Now An Opportune Moment To Examine Vivendi SE (EPA:VIV)?
While Vivendi SE ( EPA:VIV ) might not be the most widely known stock at the moment, it received a lot of attention...Analysis Article • May 27
We Think Vivendi (EPA:VIV) Can Manage Its Debt With Ease
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Mar 07
Should You Investigate Vivendi SE (EPA:VIV) At €10.75?
Today we're going to take a look at the well-established Vivendi SE ( EPA:VIV ). The company's stock received a lot of...Analysis Article • Dec 02
Vivendi (EPA:VIV) Has A Pretty Healthy Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Vivendi makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 25 | 307 | 18 | 206 | 0 |
| 30 Jun 25 | 308 | -240 | 191 | 0 |
| 31 Mar 25 | 303 | -267 | 198 | 0 |
| 31 Dec 24 | 297 | -183 | 231 | 0 |
| 30 Sep 24 | -1,977 | -101 | -629 | 0 |
| 30 Jun 24 | -4,252 | -20 | -1,489 | 0 |
| 31 Mar 24 | -1,970 | 96 | -635 | 0 |
| 31 Dec 23 | 312 | 212 | 219 | 0 |
| 30 Sep 23 | 5,038 | -395 | 1,974 | 0 |
| 30 Jun 23 | 9,764 | -1,002 | 3,728 | 0 |
| 31 Mar 23 | 9,680 | -857 | 3,701 | 0 |
| 31 Dec 22 | 9,595 | -712 | 3,674 | 0 |
| 30 Sep 22 | 9,224 | -440 | 3,534 | 0 |
| 30 Jun 22 | 8,852 | -169 | 3,393 | 0 |
| 31 Mar 22 | 8,785 | -399 | 3,361 | 0 |
| 31 Dec 21 | 8,717 | -630 | 3,329 | 0 |
| 30 Jun 21 | 5,486 | -652 | 2,387 | 0 |
| 31 Mar 21 | 7,077 | -291 | 2,908 | 0 |
| 31 Dec 20 | 8,668 | 69 | 3,429 | 0 |
| 30 Sep 20 | 16,106 | 1,630 | 5,664 | 0 |
| 30 Jun 20 | 16,121 | 1,820 | 5,633 | 0 |
| 31 Mar 20 | 16,010 | 1,702 | 5,572 | 0 |
| 31 Dec 19 | 15,898 | 1,583 | 5,511 | 0 |
| 30 Sep 19 | 15,354 | 1,033 | 5,412 | 0 |
| 30 Jun 19 | 14,809 | 482 | 5,313 | 0 |
| 31 Mar 19 | 14,371 | 305 | 5,176 | 0 |
| 01 Jan 19 | 13,932 | 127 | 5,038 | 0 |
| 01 Oct 18 | 14,076 | 963 | 5,071 | 0 |
| 30 Jun 18 | 13,532 | 1,205 | 4,931 | 0 |
| 31 Mar 18 | 13,093 | 1,198 | 4,626 | 0 |
| 01 Jan 18 | 12,518 | 1,216 | 4,293 | 0 |
| 30 Sep 17 | 11,753 | 458 | 3,891 | 0 |
| 30 Jun 17 | 11,237 | 499 | 3,494 | 0 |
| 31 Mar 17 | 10,991 | 474 | 3,452 | 0 |
| 31 Dec 16 | 10,819 | 1,236 | 3,411 | 0 |
| 30 Sep 16 | 10,859 | 1,322 | 3,502 | 0 |
| 30 Jun 16 | 10,711 | 900 | 3,535 | 0 |
| 31 Mar 16 | 10,761 | 1,546 | 3,535 | 0 |
| 31 Dec 15 | 10,762 | 699 | 3,588 | 0 |
| 30 Sep 15 | 10,586 | -114 | 3,467 | 0 |
| 30 Jun 15 | 10,478 | 353 | 3,402 | 0 |
Quality Earnings: VIV has a large one-off loss of €17.0M impacting its last 12 months of financial results to 31st December, 2025.
Growing Profit Margin: VIV became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VIV's earnings have grown significantly by 20.4% per year over the past 5 years.
Accelerating Growth: VIV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: VIV has become profitable in the last year, making it difficult to compare its past year earnings growth to the Entertainment industry (-6.3%).
Return on Equity
High ROE: VIV's Return on Equity (0.4%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/29 14:23 |
| End of Day Share Price | 2026/05/29 00:00 |
| Earnings | 2025/12/31 |
| 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| 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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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
Vivendi SE is covered by 27 analysts. 6 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 |
|---|---|
| William Noel Milner | Arete Research Services LLP |
| Alvaro del Pozo Maroto | Banco de Sabadell. S.A. |
| Carlos Javier Treviño Peinador | Banco Santander |