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CFN

Cofina SGPS ENXTLS:CFN Stock Report

Last Price

€0.23

Market Cap

€24.0m

7D

3.5%

1Y

-7.5%

Updated

24 Jun, 2022

Data

Company Financials +
CFN fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance4/6
Financial Health4/6
Dividends0/6

CFN Stock Overview

Cofina, SGPS, S.A. engages in the publication of newspapers and magazines in Portugal.

Cofina SGPS Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Cofina SGPS
Historical stock prices
Current Share Price€0.23
52 Week High€0.26
52 Week Low€0.21
Beta0.99
1 Month Change0.43%
3 Month Change-3.31%
1 Year Change-7.51%
3 Year Change-50.63%
5 Year Change-41.06%
Change since IPO-79.92%

Recent News & Updates

Mar 08
Is It Too Late To Consider Buying Cofina, SGPS, S.A. (ELI:CFN)?

Is It Too Late To Consider Buying Cofina, SGPS, S.A. (ELI:CFN)?

Cofina, SGPS, S.A. ( ELI:CFN ), might not be a large cap stock, but it saw a double-digit share price rise of over 10...

Shareholder Returns

CFNPT MediaPT Market
7D3.5%0.8%2.8%
1Y-7.5%-31.3%15.4%

Return vs Industry: CFN exceeded the Portuguese Media industry which returned -32.2% over the past year.

Return vs Market: CFN underperformed the Portuguese Market which returned 13.4% over the past year.

Price Volatility

Is CFN's price volatile compared to industry and market?
CFN volatility
CFN Average Weekly Movement2.9%
Media Industry Average Movement4.9%
Market Average Movement4.3%
10% most volatile stocks in PT Market6.0%
10% least volatile stocks in PT Market3.0%

Stable Share Price: CFN is less volatile than 75% of Portuguese stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: CFN's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1990679Paulo dos Santos Fernandeshttps://www.cofina.pt

Cofina, SGPS, S.A. engages in the publication of newspapers and magazines in Portugal. The company offers newspapers, including Correio da Manha, a daily newspaper; Record, a daily sports newspaper; Jornal de Negocios, an economic newspaper; and Destak, a free newspaper, as well as online newspapers. It also provides magazines, such as Sábado and TV Guia, as well as digital products, including Flash and Máxima.

Cofina SGPS Fundamentals Summary

How do Cofina SGPS's earnings and revenue compare to its market cap?
CFN fundamental statistics
Market Cap€24.00m
Earnings (TTM)€4.22m
Revenue (TTM)€75.85m

5.7x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CFN income statement (TTM)
Revenue€75.85m
Cost of Revenue€23.50m
Gross Profit€52.35m
Other Expenses€48.12m
Earnings€4.22m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.041
Gross Margin69.02%
Net Profit Margin5.57%
Debt/Equity Ratio104.4%

How did CFN perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

CFN key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.9x
Enterprise Value/EBITDA5.5x
PEG Ratio0.7x

Price to Earnings Ratio vs Peers

How does CFN's PE Ratio compare to its peers?

CFN PE Ratio vs Peers
The above table shows the PE ratio for CFN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.7x

Price-To-Earnings vs Peers: CFN is good value based on its Price-To-Earnings Ratio (5.7x) compared to the peer average (11.7x).


Price to Earnings Ratio vs Industry

How does CFN's PE Ratio compare vs other companies in the Media Industry?

Price-To-Earnings vs Industry: CFN is good value based on its Price-To-Earnings Ratio (5.7x) compared to the European Media industry average (14x)


Price to Earnings Ratio vs Fair Ratio

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

CFN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.7x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: CFN (€0.23) is trading below our estimate of fair value (€1.51)

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


Price to Earnings Growth Ratio

PEG Ratio: CFN is good value based on its PEG Ratio (0.7x)


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Future Growth

How is Cofina SGPS forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


8.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CFN's forecast earnings growth (8.2% per year) is above the savings rate (1.2%).

Earnings vs Market: CFN's earnings (8.2% per year) are forecast to grow faster than the Portuguese market (8.2% per year).

High Growth Earnings: CFN's earnings are forecast to grow, but not significantly.

Revenue vs Market: CFN's revenue is expected to decline over the next 3 years (-0.6% per year).

High Growth Revenue: CFN's revenue is forecast to decline over the next 3 years (-0.6% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CFN's Return on Equity is forecast to be low in 3 years time (8.9%).


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Past Performance

How has Cofina SGPS performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-2.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CFN has high quality earnings.

Growing Profit Margin: CFN's current net profit margins (5.6%) are higher than last year (2.2%).


Past Earnings Growth Analysis

Earnings Trend: CFN's earnings have declined by 2.5% per year over the past 5 years.

Accelerating Growth: CFN's earnings growth over the past year (165.9%) exceeds its 5-year average (-2.5% per year).

Earnings vs Industry: CFN earnings growth over the past year (165.9%) exceeded the Media industry 68%.


Return on Equity

High ROE: CFN's Return on Equity (8.5%) is considered low.


Discover strong past performing companies

Financial Health

How is Cofina SGPS's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CFN's short term assets (€31.3M) do not cover its short term liabilities (€67.6M).

Long Term Liabilities: CFN's short term assets (€31.3M) exceed its long term liabilities (€19.6M).


Debt to Equity History and Analysis

Debt Level: CFN's net debt to equity ratio (68.1%) is considered high.

Reducing Debt: CFN's debt to equity ratio has reduced from 257.9% to 104.4% over the past 5 years.

Debt Coverage: CFN's debt is well covered by operating cash flow (26.1%).

Interest Coverage: CFN's interest payments on its debt are well covered by EBIT (9.3x coverage).


Balance Sheet


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Dividend

What is Cofina SGPS current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: CFN is not paying a notable dividend for the Portuguese market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CFN has not reported any payouts.


Discover strong dividend paying companies

Management

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

10.6yrs

Average board tenure


CEO

Paulo dos Santos Fernandes

no data

Tenure

€80,000

Compensation

Mr. Paulo Jorge dos Santos Fernandes is a Co-founder at Cofina Sgps, S.a. and serves as its Executive Chairman, Chief Executive Officer and President. Mr. dos Santos Fernandes served as Non-Independent Non...


CEO Compensation Analysis

Compensation vs Market: Paulo's total compensation ($USD84.39K) is below average for companies of similar size in the Portuguese market ($USD285.18K).

Compensation vs Earnings: Paulo's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: CFN's board of directors are seasoned and experienced ( 10.6 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

Cofina, SGPS, S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Cofina, SGPS, S.A.
  • Ticker: CFN
  • Exchange: ENXTLS
  • Founded: 1990
  • Industry: Publishing
  • Sector: Media
  • Implied Market Cap: €24.000m
  • Shares outstanding: 102.57m
  • Website: https://www.cofina.pt

Number of Employees


Location

  • Cofina, SGPS, S.A.
  • Rua Manuel Pinto de Azevedo, 818
  • Porto
  • Norte
  • 4100-320
  • Portugal

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 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.