1.14%
9.35%
9.15%
4.20%
-4.17%
-28.32%
-17.72%
AI Spotlight on MMT
Company Description
Métropole Télévision S.A. provides a range of programs, products, and services on various media.It operates through four segments: Television, Radio, Production and Audiovisual Rights, and Diversification.The company operates free-to-air channels, including M6, W9, 6TER, and Gulli; pay channels, such as Paris Première, Téva, sérieclub, Canal J, Tiji, M6 Music, MCM, MCM Top, and RFM TV; on-demand televisions comprising 6play, Gulli Max, and Gulli Replay; and advertising agency, as well as produces news magazines comprising Capital, Zone Interdite, Enquête Exclusive, 66 Minutes, and Enquêtes criminelles for W9.
It also operates radio stations that include RTL, RTL2, and Fun Radio; distributes audiovisual film rights; and produces and co-produces films.In addition, the company engages in the TV channel broadcasting business; production, co-production, or co-distribution of short and long-playing formats, which comprise singles and albums, as well as compilations on physical and digital formats; and events and shows, including concerts, stand-up comedians, music shows, exhibitions, etc.Further, it engages in the program production, digital production and publishing, merchandising rights exploitation, estate agency, animated feature films production, Internet content and access provision, print publications, and teleshopping program activities.
It also provides training and wholesale trade services; sells house; and develops cinematographic works.Métropole Télévision S.A. was incorporated in 1986 and is headquartered in Neuilly-sur-Seine, France.
Market Data
| Last Price | 12.4 |
| Change Percentage | 1.14% |
| Open | 12.3 |
| Previous Close | 12.26 |
| Market Cap ( Millions) | 1559 |
| Volume | 77183 |
| Year High | 14.96 |
| Year Low | 10.48 |
| M A 50 | 11.36 |
| M A 200 | 12.14 |
Financial Ratios
| FCF Yield | 12.13% |
| Dividend Yield | 10.08% |
| ROE | 16.89% |
| Debt / Equity | 10.69% |
| Net Debt / EBIDTA | -48.46% |
| Price To Book | 1.26 |
| Price Earnings Ratio | 7.27 |
| Price To FCF | 8.25 |
| Price To sales | 1.15 |
| EV / EBITDA | 4.12 |
News
- Jan -23 - Unveiling Three Undiscovered Gems With Promising Potential
- Oct -29 - M6 Metropole Television: Results for the First Nine Months of 2024
- Jul -23 - M6 Metropole Television: Results for the First Six Months of 2024
- Jul -23 - Discover 3 Euronext Paris Dividend Stocks With Yields Up To 9.6%
- Jul -08 - Discover Three Euronext Paris Dividend Stocks With Yields Starting At 3.4%
- Jun -04 - Euronext Paris Dividend Stocks With Yields Up To 8.9%
- May -29 - M6 Group: Gulli Expands Into the World of Children’s Playgrounds
- May -20 - 3 Top Dividend Stocks On Euronext Paris With Yields Up To 9.2%
- Apr -24 - 3 French Dividend Stocks With Yields Up To 8.6%
- Apr -23 - M6 Metropole Television: 2024 First Quarter
- Apr -02 - M6 Metropole Television: Procedure for Obtaining Preparatory Documents of the Combined Shareholders’ Meeting to Be Held on April 23, 2024
- Mar -14 - M6 METROPOLE TELEVISION: Availability of the 2023 Universal Registration Document
- Mar -07 - M6 Official Broadcaster of the Two World Cup : Fifa 2026TM and Fifa 2030TM
- Mar -06 - M6 GROUP PRESENT M6+, ITS NEW AVOD STREAMING PLATFORM
- Feb -13 - Evolution of M6 Group's Executive Board
- Feb -13 - M6 Metropole Television: Consolidated Results at 31 December 2023
- Oct -30 - M6 Metropole Television: Third Quarter of 2023
- Oct -02 - Closing of the Sale of Groupe M6’s Thematic Online Media and Services Division to the Group Prisma Media
- Jul -25 - M6 Metropole Television: Consolidated Results at 30 June 2023
- Jul -06 - M6 METROPOLE TELEVISION: Disposal of CTZAR to the Group The Independents
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Television
Expected Growth : 1.8 %
What the company do ?
M6, a French television network, is a popular channel from Métropole Télévision S.A. offering various programs, including news, entertainment, and sports.
Why we expect these perspectives ?
Métropole Télévision S.A.'s 1.8% growth in Television segment is driven by increasing demand for premium content, expansion into new markets, and strategic partnerships. Additionally, investments in digital platforms and targeted advertising have contributed to the growth. Furthermore, the company's focus on producing high-quality, engaging content has attracted a loyal viewer base, resulting in increased viewership and revenue.
Segment n°2 -> Radio
Expected Growth : 1.5 %
What the company do ?
M6 Radio, a French private radio station, is a subsidiary of Métropole Télévision S.A., offering news, entertainment, and music to its listeners.
Why we expect these perspectives ?
Radio Métropole Télévision S.A.'s 1.5% growth is driven by increasing advertising revenue, fueled by a growing audience and improved ad targeting. Additionally, the company's expansion into digital radio and podcasting has attracted new listeners, while strategic partnerships and content diversification have enhanced its offerings.
Segment n°3 -> Production and Audiovisual Rights
Expected Growth : 2.5 %
What the company do ?
Production and Audiovisual Rights from Métropole Télévision S.A. refer to the ownership and control of TV shows and films produced by the French television network, including rights to broadcast, distribute, and reproduce content.
Why we expect these perspectives ?
Strong demand for French content, increasing popularity of Métropole Télévision's productions, and strategic partnerships driving licensing revenue growth. Additionally, expansion into new markets, such as streaming platforms, and diversification of content offerings contribute to the 2.5% growth in Production and Audiovisual Rights.
Segment n°4 -> Diversifications
Expected Growth : 1.2 %
What the company do ?
Métropole Télévision S.A.'s diversifications include expansion into film production, video game development, and digital media, beyond its core television broadcasting business.
Why we expect these perspectives ?
Métropole Télévision S.A.'s 1.2% growth driven by diversification into digital media, expansion into new markets, and strategic acquisitions. Increased focus on content creation, subscription-based models, and advertising revenue growth also contribute to growth. Additionally, cost optimization and operational efficiencies support profitability.
Segment n°5 -> Eliminations and Unallocated Items
Expected Growth : 0.5 %
What the company do ?
Eliminations refer to the removal of duplicated costs, and Unallocated Items are expenses not attributed to a specific segment, both from Métropole Télévision S.A.'s financial reporting.
Why we expect these perspectives ?
Métropole Télévision S.A.'s 0.5% growth in Eliminations and Unallocated Items is driven by moderate revenue synergies from recent acquisitions, offset by increased operational costs and investments in digital transformation. Additionally, the company's efforts to optimize its cost structure and improve operational efficiency have contributed to this growth.
Métropole Télévision S.A. Products
| Product Range | What is it ? |
|---|---|
| M6 | A French television service that offers a wide range of programs including news, sports, fiction, and entertainment |
| W9 | A French television channel that focuses on documentaries, magazines, and entertainment programs |
| 6ter | A French television channel that targets a younger audience with a focus on entertainment, music, and lifestyle |
| Telematin | A French morning news program that covers current events, news, and weather |
| Capital | A French business and economic news channel |
| Story | A French television channel that focuses on documentaries, investigations, and reality TV |
| Gulli | A French television channel that targets children and families with a focus on animation, cartoons, and educational programs |
| Gulli Africa | A French-language television channel that targets African audiences with a focus on entertainment, news, and sports |
| M6 Boutique & Co | An e-commerce platform that offers a range of products, including fashion, beauty, and home goods |
Métropole Télévision S.A.'s Porter Forces
Threat Of Substitutes
Métropole Télévision S.A. faces moderate threat from substitutes, as there are limited alternatives to television broadcasting in France. However, the rise of online streaming services and social media platforms poses a moderate threat to the company's market share.
Bargaining Power Of Customers
Métropole Télévision S.A. has a diverse customer base, including advertisers, viewers, and content providers. However, the bargaining power of customers is relatively low due to the company's strong brand reputation and limited alternatives.
Bargaining Power Of Suppliers
Métropole Télévision S.A. relies on a diverse range of suppliers, including content providers, equipment manufacturers, and service providers. The bargaining power of suppliers is moderate, as the company has some flexibility in choosing its suppliers.
Threat Of New Entrants
The threat of new entrants in the French television broadcasting market is relatively low due to high barriers to entry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The French television broadcasting market is highly competitive, with several major players competing for market share. Métropole Télévision S.A. faces intense rivalry from other broadcasters, including TF1, France Télévisions, and Canal+.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 9.15% |
| Debt Cost | 3.95% |
| Equity Weight | 90.85% |
| Equity Cost | 9.67% |
| WACC | 9.14% |
| Leverage | 10.07% |
Métropole Télévision S.A. : Quality Control
Métropole Télévision S.A. passed 8 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| TFI.PA | Télévision Française 1 Société anonyme engages in the broadcasting, studios and entertainment, and digital businesses in France and internationally. The company offers DTT channels, including TMC, TFX, and TF1 Séries … |
| MFEB.MI | MFE-MediaForEurope N.V. primarily operates in the television industry in Italy and Spain. The company engages in the content production and third-party content acquisition; and content distribution in linear and non-linear, … |
| RCS.MI | RCS MediaGroup S.p.A. operates as a multimedia publishing company in Italy, Spain, and internationally. The company publishes newspapers under the Corriere della Sera, Corriere Salute, SOLFERINO, Buone Notizie, Dataroom, La … |
| NRG.PA | NRJ Group SA, a private media company, operates as a publisher, producer, and broadcaster in France and internationally. It operates 4 radio stations under the NRJ, CHERIE FM, NOSTALGIE, and … |
| A3M.MC | Atresmedia Corporación de Medios de Comunicación, S.A., an audiovisual company, engages in the television, digital and multimedia development, advertising, cinema, radio, cinema, and events organization businesses in Spain and internationally. … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Atresmedia
A-Score
1-Year Total Return ->
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RCS MediaGroup
A-Score
1-Year Total Return ->
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TF1
A-Score
1-Year Total Return ->
4
M6
A-Score
1-Year Total Return ->
5
NRJ Group
A-Score
1-Year Total Return ->
6
