Financials MFE-Mediaforeurope N.V. Borsa Italiana

Equities

MS

NL0015000H23

Broadcasting

Delayed Borsa Italiana 11:35:34 2021-12-09 am EST 5-day change 1st Jan Change
2.372 EUR -0.34% Intraday chart for MFE-Mediaforeurope N.V. -.--% -.--%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 622.7 605 474 2,492 1,161 1,764 1,764 -
Enterprise Value (EV) 1 1,359 1,953 1,538 3,361 1,161 1,487 2,486 2,293
P/E ratio - 15.6 x 17.4 x 7.78 x - 9.4 x 8.28 x 7.7 x
Yield - 32% - - - 6.06% 6.64% 6.86%
Capitalization / Revenue 0.18 x 0.21 x 0.18 x 0.86 x 0.41 x 0.53 x 0.61 x 0.61 x
EV / Revenue 0.4 x 0.67 x 0.58 x 1.15 x 0.41 x 0.53 x 0.86 x 0.8 x
EV / EBITDA 7.47 x 4.26 x 4.04 x 6.56 x 2.97 x 3.85 x 5.87 x 4.01 x
EV / FCF 2.27 x 5.01 x 4.93 x 6.79 x - 10.3 x 9.31 x 8.31 x
FCF Yield 44% 19.9% 20.3% 14.7% - 9.67% 10.7% 12%
Price to Book - 1.22 x 0.89 x 0.53 x - 0.73 x 0.7 x 0.63 x
Nbr of stocks (in thousands) 226,916 227,428 227,222 464,411 516,034 560,224 560,224 -
Reference price 2 13.72 13.30 10.43 6.225 2.808 3.772 3.772 3.772
Announcement Date 3/12/19 3/11/20 4/26/21 4/28/22 4/19/23 4/18/24 - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 3,402 2,926 2,637 2,914 2,801 2,810 2,898 2,868
EBITDA 1 181.9 458.3 380.5 512.5 391.4 386.4 423.1 572.1
EBIT 1 210.5 354.6 269.7 475.6 322.5 322.7 335.1 340.6
Operating Margin 6.19% 12.12% 10.23% 16.32% 11.51% 11.5% 11.56% 11.88%
Earnings before Tax (EBT) 1 67 381.7 285.9 555.4 337.2 279.7 397.5 386
Net income 1 471.3 190.3 139.3 374.1 216.9 209.2 259 277.4
Net margin 13.86% 6.5% 5.28% 12.84% 7.74% 7.44% 8.94% 9.67%
EPS 2 - 0.8500 0.6000 0.8000 - 0.4012 0.4557 0.4901
Free Cash Flow 1 598.6 389.6 311.8 495 - 254.7 267 276
FCF margin 17.6% 13.32% 11.82% 16.99% - 9.08% 9.21% 9.62%
FCF Conversion (EBITDA) 329.08% 85.01% 81.94% 96.59% - 59.19% 63.11% 48.25%
FCF Conversion (Net income) 127.01% 204.73% 223.83% 132.32% - 112.62% 103.09% 99.51%
Dividend per Share 2 - 4.250 - - - 0.2287 0.2504 0.2586
Announcement Date 3/12/19 3/11/20 4/26/21 4/28/22 4/19/23 4/18/24 - -
1EUR in Million2EUR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q2 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2023 S2
Net sales 1 753 1,387 605.4 921.6 654.3 734.2 1,388 511.6 901.1 646.6 723 492.6 948.2 -
EBITDA - - - 183.9 136 - - 106.4 - - - - - -
EBIT 1 130.8 198.7 76.3 200.6 15.3 96.7 112 -14.4 - 19.3 101.6 -22.6 222 -
Operating Margin 17.37% 14.32% 12.6% 21.77% 2.34% 13.17% 8.07% -2.81% - 2.98% 14.05% -4.59% 23.49% -
Earnings before Tax (EBT) 1 - - 77.5 - - - - - 191.5 16.5 - - 185.1 161.4
Net income 1 174.2 - - 100.3 - - - - 138.4 10.1 - - 138.2 122.1
Net margin 23.13% - - 10.88% - - - - 15.36% 1.56% - - 14.57% -
EPS - - - 0.2000 - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 9/15/21 9/15/21 11/10/21 4/28/22 5/25/22 9/28/22 9/28/22 11/16/22 4/19/23 5/24/23 8/1/23 11/24/23 4/18/24 4/18/24
1EUR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 736 1,348 1,064 869 - 870 722 529
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 4.048 x 2.942 x 2.797 x 1.696 x - 2.023 x 1.706 x 0.9254 x
Free Cash Flow 1 599 390 312 495 - 255 267 276
ROE (net income / shareholders' equity) 4.5% 7.79% 5.41% 14.1% - 8.29% 8.74% 8.79%
ROA (Net income/ Total Assets) 1.76% 3.46% 2.38% 6.45% - 5.33% 5.93% 5.83%
Assets 1 26,718 5,500 5,852 5,802 - 4,245 4,368 4,757
Book Value Per Share 2 - 10.90 11.70 11.70 - 5.140 5.400 5.970
Cash Flow per Share - 4.200 3.600 2.170 - - - -
Capex 1 643 567 492 497 - 361 428 416
Capex / Sales 18.91% 19.36% 18.64% 17.04% - 12.88% 14.76% 14.5%
Announcement Date 3/12/19 3/11/20 4/26/21 4/28/22 4/19/23 4/18/24 - -
1EUR in Million2EUR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
7
Last Close Price
3.772 EUR
Average target price
3.65 EUR
Spread / Average Target
-3.23%
Consensus

Quarterly revenue - Rate of surprise

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