ProSiebenSat.1 Media SE

BATS-CHIXE:PSMD Stock Report

Market Cap: €1.1b

ProSiebenSat.1 Media Valuation

Is PSMD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of PSMD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PSMD (€4.63) is trading below our estimate of fair value (€25.58)

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


Key Valuation Metric

Which metric is best to use when looking at relative valuation for PSMD?

Key metric: As PSMD is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for PSMD. This is calculated by dividing PSMD's market cap by their current revenue.
What is PSMD's PS Ratio?
PS Ratio0.3x
Sales€3.94b
Market Cap€1.12b

Price to Sales Ratio vs Peers

How does PSMD's PS Ratio compare to its peers?

The above table shows the PS ratio for PSMD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1x
ITV ITV
0.7x2.0%UK£2.4b
STVG STV Group
0.5x13.1%UK£95.7m
FUTR Future
1.2x1.0%UK£961.0m
NEXN Nexxen International
1.5x8.7%UK£403.3m
PSMD ProSiebenSat.1 Media
0.3x2.7%€1.1b

Price-To-Sales vs Peers: PSMD is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (1x).


Price to Sales Ratio vs Industry

How does PSMD's PS Ratio compare vs other companies in the GB Media Industry?

3 CompaniesPrice / SalesEstimated GrowthMarket Cap
TMG Mission Group
0.09x-41.9%US$21.19m
JWNG Jaywing
0.08xn/aUS$2.06m
BONH Bonhill Group
0.04xn/aUS$681.51k
No more companies available in this PS range
No. of Companies11PS00.81.62.43.24+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: PSMD is good value based on its Price-To-Sales Ratio (0.3x) compared to the UK Media industry average (0.7x).


Price to Sales Ratio vs Fair Ratio

What is PSMD's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PSMD PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate PSMD's Price-To-Sales Fair Ratio for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PSMD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€4.63
€7.71
+66.6%
29.9%€13.00€5.30n/a12
Nov ’25€5.76
€7.98
+38.6%
29.1%€13.00€5.30n/a12
Oct ’25n/a
€8.05
0%
28.3%€13.00€5.80n/a12
Sep ’25n/a
€8.01
0%
27.4%€12.50€5.80n/a12
Aug ’25n/a
€8.07
0%
26.6%€12.50€6.00n/a12
Jul ’25n/a
€7.93
0%
25.1%€12.50€6.00n/a12
Jun ’25n/a
€7.83
0%
24.8%€12.50€6.00n/a13
May ’25n/a
€7.70
0%
26.4%€12.50€5.70n/a13
Apr ’25n/a
€7.42
0%
29.4%€12.50€4.90n/a13
Mar ’25n/a
€7.26
0%
31.4%€12.50€4.70n/a13
Feb ’25n/a
€7.41
0%
38.5%€15.00€4.70n/a13
Jan ’25n/a
€7.69
0%
36.5%€15.00€4.90n/a13
Dec ’24n/a
€7.97
0%
34.7%€15.00€4.90n/a13
Nov ’24€5.20
€8.50
+63.3%
32.2%€15.00€5.30€5.7613
Oct ’24€6.52
€9.31
+42.7%
22.6%€15.00€6.50n/a13
Sep ’24n/a
€9.21
0%
23.0%€15.00€6.50n/a14
Aug ’24n/a
€9.21
0%
24.3%€15.00€6.00n/a14
Jul ’24€8.61
€9.26
+7.6%
24.0%€15.00€6.00n/a14
Jun ’24€7.97
€9.19
+15.3%
23.7%€15.00€6.00n/a14
May ’24€7.94
€9.68
+21.9%
22.3%€15.00€6.00n/a14
Apr ’24€9.24
€9.72
+5.2%
21.6%€15.00€6.00n/a14
Mar ’24€9.41
€9.94
+5.6%
24.8%€15.00€6.00n/a14
Feb ’24€9.52
€9.94
+4.5%
24.8%€15.00€6.00n/a14
Jan ’24€8.00
€9.61
+20.1%
28.9%€15.00€6.00n/a15
Dec ’23€8.83
€10.12
+14.7%
32.3%€16.00€6.20n/a15
Nov ’23€7.01
€10.08
+43.8%
34.9%€16.00€5.91€5.2015

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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