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PSMD

ProSiebenSat.1 Media BATS-CHIXE:PSMD Stock Report

Last Price

€11.45

Market Cap

€2.6b

7D

3.2%

1Y

-35.4%

Updated

25 Apr, 2022

Data

Company Financials +
PSMD fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health4/6
Dividends4/6

PSMD Stock Overview

ProSiebenSat.1 Media SE, together with its subsidiaries, operates as a media company in Europe.

ProSiebenSat.1 Media Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ProSiebenSat.1 Media
Historical stock prices
Current Share Price€11.45
52 Week High€18.98
52 Week Low€9.75
Beta1.59
1 Month Change-1.55%
3 Month Change-13.49%
1 Year Change-35.42%
3 Year Change-18.36%
5 Year Change-70.69%
Change since IPO-42.07%

Recent News & Updates

Shareholder Returns

PSMDGB MediaGB Market
7D3.2%0.01%-1.1%
1Y-35.4%-3.5%-2.2%

Return vs Industry: PSMD underperformed the UK Media industry which returned -3.5% over the past year.

Return vs Market: PSMD underperformed the UK Market which returned -2.2% over the past year.

Price Volatility

Is PSMD's price volatile compared to industry and market?
PSMD volatility
PSMD Average Weekly Movement7.4%
Media Industry Average Movement6.5%
Market Average Movement6.1%
10% most volatile stocks in GB Market12.4%
10% least volatile stocks in GB Market3.0%

Stable Share Price: PSMD is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: PSMD's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19847,907Rainer Beaujeanhttps://www.prosiebensat1.com

ProSiebenSat.1 Media SE, together with its subsidiaries, operates as a media company in Europe. It operates through three segments: Entertainment, Dating & Video, and Commerce & Ventures. The Entertainment segment operates free TV stations and digital paltforms, such as SAT.1, ProSieben, Kabel Eins, sixx, SAT.1 Gold, ProSieben MAXX, and Kabel Eins Doku, as well as distributes ProSiebenSat.1 HD stations.

ProSiebenSat.1 Media Fundamentals Summary

How do ProSiebenSat.1 Media's earnings and revenue compare to its market cap?
PSMD fundamental statistics
Market Cap€2.57b
Earnings (TTM)€449.00m
Revenue (TTM)€4.49b

5.7x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PSMD income statement (TTM)
Revenue€4.49b
Cost of Revenue€2.60b
Gross Profit€1.89b
Other Expenses€1.44b
Earnings€449.00m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

May 12, 2022

Earnings per share (EPS)1.98
Gross Margin42.08%
Net Profit Margin9.99%
Debt/Equity Ratio116.6%

How did PSMD perform over the long term?

See historical performance and comparison

Dividends

7.1%

Current Dividend Yield

40%

Payout Ratio

Does PSMD pay a reliable dividends?

See PSMD dividend history and benchmarks
When do you need to buy PSMD by to receive an upcoming dividend?
ProSiebenSat.1 Media dividend dates
Ex Dividend DateMay 06 2022
Dividend Pay DateMay 10 2022
Days until Ex dividend10 days
Days until Dividend pay date14 days

Does PSMD pay a reliable dividends?

See PSMD dividend history and benchmarks

Valuation

Is ProSiebenSat.1 Media undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PSMD (€11.45) is trading below our estimate of fair value (€33.11)

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


Price To Earnings Ratio

PE vs Industry: PSMD is good value based on its PE Ratio (5.7x) compared to the UK Media industry average (36.8x).

PE vs Market: PSMD is good value based on its PE Ratio (5.7x) compared to the UK market (16.9x).


Price to Earnings Growth Ratio

PEG Ratio: PSMD's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: PSMD is good value based on its PB Ratio (1.5x) compared to the GB Media industry average (2x).


Future Growth

How is ProSiebenSat.1 Media forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

-6.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PSMD's earnings are forecast to decline over the next 3 years (-6.6% per year).

Earnings vs Market: PSMD's earnings are forecast to decline over the next 3 years (-6.6% per year).

High Growth Earnings: PSMD's earnings are forecast to decline over the next 3 years.

Revenue vs Market: PSMD's revenue (2.9% per year) is forecast to grow slower than the UK market (4.8% per year).

High Growth Revenue: PSMD's revenue (2.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PSMD's Return on Equity is forecast to be low in 3 years time (17.1%).


Past Performance

How has ProSiebenSat.1 Media performed over the past 5 years?

-5.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PSMD has a large one-off loss of €155.0M impacting its December 31 2021 financial results.

Growing Profit Margin: PSMD's current net profit margins (10%) are higher than last year (6.6%).


Past Earnings Growth Analysis

Earnings Trend: PSMD's earnings have declined by 5.6% per year over the past 5 years.

Accelerating Growth: PSMD's earnings growth over the past year (68.2%) exceeds its 5-year average (-5.6% per year).

Earnings vs Industry: PSMD earnings growth over the past year (68.2%) exceeded the Media industry 61.7%.


Return on Equity

High ROE: Whilst PSMD's Return on Equity (21.07%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is ProSiebenSat.1 Media's financial position?


Financial Position Analysis

Short Term Liabilities: PSMD's short term assets (€1.6B) exceed its short term liabilities (€1.4B).

Long Term Liabilities: PSMD's short term assets (€1.6B) do not cover its long term liabilities (€3.1B).


Debt to Equity History and Analysis

Debt Level: PSMD's net debt to equity ratio (85.7%) is considered high.

Reducing Debt: PSMD's debt to equity ratio has reduced from 222.3% to 116.6% over the past 5 years.

Debt Coverage: PSMD's debt is well covered by operating cash flow (62.9%).

Interest Coverage: PSMD's interest payments on its debt are well covered by EBIT (17.7x coverage).


Balance Sheet


Dividend

What is ProSiebenSat.1 Media current dividend yield, its reliability and sustainability?

7.05%

Current Dividend Yield


Upcoming Dividend Payment

TodayApr 25 2022Ex Dividend DateMay 06 2022Dividend Pay DateMay 10 20224 days from Ex DividendBuy in the next 10 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: PSMD's dividend (7.05%) is higher than the bottom 25% of dividend payers in the UK market (1.71%).

High Dividend: PSMD's dividend (7.05%) is in the top 25% of dividend payers in the UK market (4.61%)


Stability and Growth of Payments

Stable Dividend: PSMD's dividend payments have been volatile in the past 10 years.

Growing Dividend: PSMD's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (40.3%), PSMD's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (69.4%), PSMD's dividend payments are covered by cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.0yrs

Average management tenure


CEO

Rainer Beaujean (53 yo)

2.75yrs

Tenure

€3,096,900

Compensation

Mr. Rainer Beaujean serves as Chairman of the Executive Board at ProSiebenSat.1 Media SE since March 26, 2020 and its Member of Executive Board since July 01,2019. He has been Group Chief Executive Officer...


CEO Compensation Analysis

Compensation vs Market: Rainer's total compensation ($USD3.32M) is about average for companies of similar size in the UK market ($USD2.69M).

Compensation vs Earnings: Rainer's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: PSMD's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: PSMD's board of directors are considered experienced (6.9 years average tenure).


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

ProSiebenSat.1 Media SE's employee growth, exchange listings and data sources


Key Information

  • Name: ProSiebenSat.1 Media SE
  • Ticker: PSMD
  • Exchange: BATS-CHIXE
  • Founded: 1984
  • Industry: Broadcasting
  • Sector: Media
  • Implied Market Cap: €2.566b
  • Shares outstanding: 226.31m
  • Website: https://www.prosiebensat1.com

Number of Employees


Location

  • ProSiebenSat.1 Media SE
  • Medienallee 7
  • Unterföhring
  • Bavaria
  • 85774
  • Germany

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/04/25 00:00
End of Day Share Price2022/04/22 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.