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MFE-MEDIAFOREUROPE NV-CL A (MFEA.MI) Stock Fundamental Analysis

BIT:MFEA - Borsa Italiana Milan - NL0015001OI1 - Common Stock - Currency: EUR

3.178  +0 (+0.06%)

Fundamental Rating

5

MFEA gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 69 industry peers in the Media industry. MFEA has an average financial health and profitability rating. MFEA has a bad growth rate and is valued cheaply.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

In the past year MFEA was profitable.
MFEA had a positive operating cash flow in the past year.
In the past 5 years MFEA has always been profitable.
MFEA had a positive operating cash flow in each of the past 5 years.
MFEA.MI Yearly Net Income VS EBIT VS OCF VS FCFMFEA.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 500M 1B 1.5B

1.2 Ratios

The Return On Assets of MFEA (4.60%) is better than 66.13% of its industry peers.
MFEA has a Return On Equity of 8.03%. This is comparable to the rest of the industry: MFEA outperforms 53.23% of its industry peers.
MFEA has a better Return On Invested Capital (7.34%) than 61.29% of its industry peers.
MFEA had an Average Return On Invested Capital over the past 3 years of 6.50%. This is below the industry average of 9.42%.
The last Return On Invested Capital (7.34%) for MFEA is above the 3 year average (6.50%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 4.6%
ROE 8.03%
ROIC 7.34%
ROA(3y)4.95%
ROA(5y)4.1%
ROE(3y)9.83%
ROE(5y)8.48%
ROIC(3y)6.5%
ROIC(5y)6.13%
MFEA.MI Yearly ROA, ROE, ROICMFEA.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10 -10

1.3 Margins

The Profit Margin of MFEA (5.54%) is better than 62.90% of its industry peers.
MFEA's Profit Margin has declined in the last couple of years.
MFEA has a Operating Margin of 7.74%. This is comparable to the rest of the industry: MFEA outperforms 59.68% of its industry peers.
MFEA's Operating Margin has improved in the last couple of years.
MFEA has a worse Gross Margin (42.49%) than 66.13% of its industry peers.
In the last couple of years the Gross Margin of MFEA has declined.
Industry RankSector Rank
OM 7.74%
PM (TTM) 5.54%
GM 42.49%
OM growth 3Y1.54%
OM growth 5Y11.65%
PM growth 3Y12.11%
PM growth 5Y-11.69%
GM growth 3Y-3.67%
GM growth 5Y-1.62%
MFEA.MI Yearly Profit, Operating, Gross MarginsMFEA.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 40 60

4

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MFEA is creating some value.
The number of shares outstanding for MFEA has been increased compared to 1 year ago.
Compared to 5 years ago, MFEA has less shares outstanding
Compared to 1 year ago, MFEA has an improved debt to assets ratio.
MFEA.MI Yearly Shares OutstandingMFEA.MI Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M 800M 1B
MFEA.MI Yearly Total Debt VS Total AssetsMFEA.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2B 4B 6B

2.2 Solvency

An Altman-Z score of 1.97 indicates that MFEA is not a great score, but indicates only limited risk for bankruptcy at the moment.
MFEA's Altman-Z score of 1.97 is fine compared to the rest of the industry. MFEA outperforms 62.90% of its industry peers.
The Debt to FCF ratio of MFEA is 2.91, which is a good value as it means it would take MFEA, 2.91 years of fcf income to pay off all of its debts.
MFEA's Debt to FCF ratio of 2.91 is fine compared to the rest of the industry. MFEA outperforms 74.19% of its industry peers.
MFEA has a Debt/Equity ratio of 0.15. This is a healthy value indicating a solid balance between debt and equity.
MFEA has a better Debt to Equity ratio (0.15) than 75.81% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.15
Debt/FCF 2.91
Altman-Z 1.97
ROIC/WACC1.35
WACC5.42%
MFEA.MI Yearly LT Debt VS Equity VS FCFMFEA.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B 2B 2.5B

2.3 Liquidity

A Current Ratio of 0.84 indicates that MFEA may have some problems paying its short term obligations.
MFEA has a worse Current ratio (0.84) than 64.52% of its industry peers.
MFEA has a Quick Ratio of 0.84. This is a bad value and indicates that MFEA is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.82, MFEA is doing worse than 61.29% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.84
Quick Ratio 0.82
MFEA.MI Yearly Current Assets VS Current LiabilitesMFEA.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B 2B 2.5B

3

3. Growth

3.1 Past

MFEA shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.83%.
Measured over the past years, MFEA shows a decrease in Earnings Per Share. The EPS has been decreasing by -1.88% on average per year.
MFEA shows a small growth in Revenue. In the last year, the Revenue has grown by 5.70%.
The Revenue has been decreasing by -3.75% on average over the past years.
EPS 1Y (TTM)-8.83%
EPS 3Y-15.19%
EPS 5Y-1.88%
EPS Q2Q%47.68%
Revenue 1Y (TTM)5.7%
Revenue growth 3Y2.15%
Revenue growth 5Y-3.75%
Sales Q2Q%7.23%

3.2 Future

The Earnings Per Share is expected to grow by 17.97% on average over the next years. This is quite good.
MFEA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.31% yearly.
EPS Next Y48.92%
EPS Next 2Y25.47%
EPS Next 3Y17.97%
EPS Next 5YN/A
Revenue Next Year5.9%
Revenue Next 2Y3.32%
Revenue Next 3Y2.31%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
MFEA.MI Yearly Revenue VS EstimatesMFEA.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1B 2B 3B
MFEA.MI Yearly EPS VS EstimatesMFEA.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.2 0.4 0.6 0.8

8

4. Valuation

4.1 Price/Earnings Ratio

MFEA is valuated cheaply with a Price/Earnings ratio of 7.57.
MFEA's Price/Earnings ratio is a bit cheaper when compared to the industry. MFEA is cheaper than 79.03% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.36, MFEA is valued rather cheaply.
With a Price/Forward Earnings ratio of 5.19, the valuation of MFEA can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MFEA indicates a rather cheap valuation: MFEA is cheaper than 88.71% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 92.49. MFEA is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 7.57
Fwd PE 5.19
MFEA.MI Price Earnings VS Forward Price EarningsMFEA.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

85.48% of the companies in the same industry are more expensive than MFEA, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, MFEA is valued a bit cheaper than 72.58% of the companies in the same industry.
Industry RankSector Rank
P/FCF 5.81
EV/EBITDA 3.08
MFEA.MI Per share dataMFEA.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6

4.3 Compensation for Growth

MFEA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as MFEA's earnings are expected to grow with 17.97% in the coming years.
PEG (NY)0.15
PEG (5Y)N/A
EPS Next 2Y25.47%
EPS Next 3Y17.97%

6

5. Dividend

5.1 Amount

MFEA has a Yearly Dividend Yield of 6.07%, which is a nice return.
Compared to an average industry Dividend Yield of 5.05, MFEA pays a better dividend. On top of this MFEA pays more dividend than 82.26% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.28, MFEA pays a better dividend.
Industry RankSector Rank
Dividend Yield 6.07%

5.2 History

Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

MFEA pays out 61.78% of its income as dividend. This is not a sustainable payout ratio.
DP61.78%
EPS Next 2Y25.47%
EPS Next 3Y17.97%
MFEA.MI Yearly Income VS Free CF VS DividendMFEA.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 200M -200M 400M 600M 800M
MFEA.MI Dividend Payout.MFEA.MI Dividend Payout, showing the Payout Ratio.MFEA.MI Dividend Payout.PayoutRetained Earnings

MFE-MEDIAFOREUROPE NV-CL A

BIT:MFEA (2/4/2025, 5:29:47 PM)

3.178

+0 (+0.06%)

Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)11-20 2024-11-20
Earnings (Next)N/A N/A
Inst Owners5.51%
Inst Owner ChangeN/A
Ins Owners0%
Ins Owner ChangeN/A
Market Cap1.81B
Analysts50.59
Price Target3.06 (-3.71%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 6.07%
Yearly Dividend0.26
Dividend Growth(5Y)N/A
DP61.78%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-1.05%
PT rev (3m)-3.45%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-0.62%
EPS NY rev (3m)-0.62%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.13%
Revenue NY rev (3m)0.13%
Valuation
Industry RankSector Rank
PE 7.57
Fwd PE 5.19
P/S 0.44
P/FCF 5.81
P/OCF 2.31
P/B 0.64
P/tB 2.35
EV/EBITDA 3.08
EPS(TTM)0.42
EY13.22%
EPS(NY)0.61
Fwd EY19.26%
FCF(TTM)0.55
FCFY17.22%
OCF(TTM)1.38
OCFY43.31%
SpS7.23
BVpS4.99
TBVpS1.35
PEG (NY)0.15
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 4.6%
ROE 8.03%
ROCE 9.23%
ROIC 7.34%
ROICexc 7.92%
ROICexgc 22.42%
OM 7.74%
PM (TTM) 5.54%
GM 42.49%
FCFM 7.57%
ROA(3y)4.95%
ROA(5y)4.1%
ROE(3y)9.83%
ROE(5y)8.48%
ROIC(3y)6.5%
ROIC(5y)6.13%
ROICexc(3y)7.06%
ROICexc(5y)6.65%
ROICexgc(3y)15.72%
ROICexgc(5y)14.99%
ROCE(3y)8.29%
ROCE(5y)7.9%
ROICexcg growth 3Y6.52%
ROICexcg growth 5Y-1.95%
ROICexc growth 3Y7.23%
ROICexc growth 5Y5.89%
OM growth 3Y1.54%
OM growth 5Y11.65%
PM growth 3Y12.11%
PM growth 5Y-11.69%
GM growth 3Y-3.67%
GM growth 5Y-1.62%
F-Score6
Asset Turnover0.83
Health
Industry RankSector Rank
Debt/Equity 0.15
Debt/FCF 2.91
Debt/EBITDA 0.55
Cap/Depr 99.77%
Cap/Sales 11.47%
Interest Coverage 12.88
Cash Conversion 98.96%
Profit Quality 136.69%
Current Ratio 0.84
Quick Ratio 0.82
Altman-Z 1.97
F-Score6
WACC5.42%
ROIC/WACC1.35
Cap/Depr(3y)93.23%
Cap/Depr(5y)92.73%
Cap/Sales(3y)16.16%
Cap/Sales(5y)17.29%
Profit Quality(3y)147.59%
Profit Quality(5y)176.84%
High Growth Momentum
Growth
EPS 1Y (TTM)-8.83%
EPS 3Y-15.19%
EPS 5Y-1.88%
EPS Q2Q%47.68%
EPS Next Y48.92%
EPS Next 2Y25.47%
EPS Next 3Y17.97%
EPS Next 5YN/A
Revenue 1Y (TTM)5.7%
Revenue growth 3Y2.15%
Revenue growth 5Y-3.75%
Sales Q2Q%7.23%
Revenue Next Year5.9%
Revenue Next 2Y3.32%
Revenue Next 3Y2.31%
Revenue Next 5YN/A
EBIT growth 1Y0.44%
EBIT growth 3Y3.72%
EBIT growth 5Y7.47%
EBIT Next Year122.8%
EBIT Next 3Y31.3%
EBIT Next 5YN/A
FCF growth 1Y-34.73%
FCF growth 3Y-3%
FCF growth 5Y-12.85%
OCF growth 1Y-13.91%
OCF growth 3Y-2.17%
OCF growth 5Y-9.14%