LAGARDERE SA (MMB.PA) Stock Fundamental Analysis
EPA:MMB - Euronext Paris - Matif - FR0000130213 - Common Stock - Currency: EUR
MMB gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 65 industry peers in the Media industry. While MMB is still in line with the averages on profitability rating, there are concerns on its financial health. MMB has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year MMB was profitable.
MMB had a positive operating cash flow in the past year.
In multiple years MMB reported negative net income over the last 5 years.
In the past 5 years MMB always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of MMB (1.55%) is comparable to the rest of the industry.
MMB has a better Return On Equity (15.15%) than 80.60% of its industry peers.
The Return On Invested Capital of MMB (8.95%) is better than 74.63% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MMB is below the industry average of 8.66%.
The last Return On Invested Capital (8.95%) for MMB is above the 3 year average (5.86%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.55% | ||
| ROE | 15.15% | ||
| ROIC | 8.95% |
ROA(3y)1.7%
ROA(5y)-0.76%
ROE(3y)17.44%
ROE(5y)-10.22%
ROIC(3y)5.86%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of MMB (1.13%) is comparable to the rest of the industry.
MMB has a Operating Margin of 5.85%. This is comparable to the rest of the industry: MMB outperforms 47.76% of its industry peers.
MMB's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 62.15%, MMB is doing good in the industry, outperforming 62.69% of the companies in the same industry.
MMB's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.85% | ||
| PM (TTM) | 1.13% | ||
| GM | 62.15% |
OM growth 3YN/A
OM growth 5Y5.77%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.15%
GM growth 5Y-0.28%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MMB is creating some value.
The number of shares outstanding for MMB remains at a similar level compared to 1 year ago.
MMB has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MMB has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.77, we must say that MMB is in the distress zone and has some risk of bankruptcy.
MMB has a better Altman-Z score (1.77) than 61.19% of its industry peers.
MMB has a debt to FCF ratio of 4.91. This is a neutral value as MMB would need 4.91 years to pay back of all of its debts.
The Debt to FCF ratio of MMB (4.91) is comparable to the rest of the industry.
A Debt/Equity ratio of 4.02 is on the high side and indicates that MMB has dependencies on debt financing.
MMB's Debt to Equity ratio of 4.02 is on the low side compared to the rest of the industry. MMB is outperformed by 79.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.02 | ||
| Debt/FCF | 4.91 | ||
| Altman-Z | 1.77 |
ROIC/WACC1.7
WACC5.27%
2.3 Liquidity
MMB has a Current Ratio of 0.77. This is a bad value and indicates that MMB is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.77, MMB is not doing good in the industry: 64.18% of the companies in the same industry are doing better.
A Quick Ratio of 0.55 indicates that MMB may have some problems paying its short term obligations.
MMB has a Quick ratio of 0.55. This is in the lower half of the industry: MMB underperforms 77.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
MMB shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.21%.
The Revenue has grown by 61.96% in the past year. This is a very strong growth!
Measured over the past years, MMB shows a small growth in Revenue. The Revenue has been growing by 4.16% on average per year.
EPS 1Y (TTM)3.21%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%71.01%
Revenue 1Y (TTM)61.96%
Revenue growth 3Y20.03%
Revenue growth 5Y4.16%
Sales Q2Q%104.16%
3.2 Future
Based on estimates for the next years, MMB will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.89% on average per year.
The Revenue is expected to grow by 5.23% on average over the next years.
EPS Next Y17.43%
EPS Next 2Y13.34%
EPS Next 3Y15.89%
EPS Next 5YN/A
Revenue Next Year5.51%
Revenue Next 2Y4.77%
Revenue Next 3Y5.23%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 20.14, MMB is valued on the expensive side.
MMB's Price/Earnings is on the same level as the industry average.
MMB's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 29.35.
A Price/Forward Earnings ratio of 10.87 indicates a reasonable valuation of MMB.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MMB indicates a somewhat cheap valuation: MMB is cheaper than 62.69% of the companies listed in the same industry.
MMB is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.14 | ||
| Fwd PE | 10.87 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MMB is valued a bit cheaper than the industry average as 73.13% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MMB indicates a rather cheap valuation: MMB is cheaper than 89.55% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.97 | ||
| EV/EBITDA | 4.85 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of MMB may justify a higher PE ratio.
A more expensive valuation may be justified as MMB's earnings are expected to grow with 15.89% in the coming years.
PEG (NY)1.16
PEG (5Y)N/A
EPS Next 2Y13.34%
EPS Next 3Y15.89%
5. Dividend
5.1 Amount
MMB has a Yearly Dividend Yield of 3.26%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.64, MMB pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, MMB pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.26% |
5.2 History
The dividend of MMB decreases each year by -21.72%.
Dividend Growth(5Y)-21.72%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
37.16% of the earnings are spent on dividend by MMB. This is a low number and sustainable payout ratio.
DP37.16%
EPS Next 2Y13.34%
EPS Next 3Y15.89%
EPA:MMB (3/7/2025, 7:00:00 PM)
20.95
+0.4 (+1.95%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners12.96%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap2.96B
Analysts75
Price Target29.22 (39.47%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.26% |
Yearly Dividend0.39
Dividend Growth(5Y)-21.72%
DP37.16%
Div Incr Years1
Div Non Decr Years1
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)8.94%
PT rev (3m)5.2%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-9.28%
EPS NY rev (3m)-6.68%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)2.16%
Revenue NY rev (3m)1.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.14 | ||
| Fwd PE | 10.87 | ||
| P/S | 0.23 | ||
| P/FCF | 2.97 | ||
| P/OCF | 2.29 | ||
| P/B | 3.03 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.85 |
EPS(TTM)1.04
EY4.96%
EPS(NY)1.93
Fwd EY9.2%
FCF(TTM)7.06
FCFY33.71%
OCF(TTM)9.15
OCFY43.68%
SpS93.03
BVpS6.92
TBVpS-12.54
PEG (NY)1.16
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.55% | ||
| ROE | 15.15% | ||
| ROCE | 13.78% | ||
| ROIC | 8.95% | ||
| ROICexc | 9.63% | ||
| ROICexgc | 20.5% | ||
| OM | 5.85% | ||
| PM (TTM) | 1.13% | ||
| GM | 62.15% | ||
| FCFM | 7.59% |
ROA(3y)1.7%
ROA(5y)-0.76%
ROE(3y)17.44%
ROE(5y)-10.22%
ROIC(3y)5.86%
ROIC(5y)N/A
ROICexc(3y)6.56%
ROICexc(5y)N/A
ROICexgc(3y)18.19%
ROICexgc(5y)N/A
ROCE(3y)9.7%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y23.23%
ROICexc growth 3YN/A
ROICexc growth 5Y16.87%
OM growth 3YN/A
OM growth 5Y5.77%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.15%
GM growth 5Y-0.28%
F-Score6
Asset Turnover1.38
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.02 | ||
| Debt/FCF | 4.91 | ||
| Debt/EBITDA | 2.56 | ||
| Cap/Depr | 38.36% | ||
| Cap/Sales | 2.25% | ||
| Interest Coverage | 2.77 | ||
| Cash Conversion | 84.06% | ||
| Profit Quality | 673.65% | ||
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | 1.77 |
F-Score6
WACC5.27%
ROIC/WACC1.7
Cap/Depr(3y)36.02%
Cap/Depr(5y)30.18%
Cap/Sales(3y)3.06%
Cap/Sales(5y)3.12%
Profit Quality(3y)474.96%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)3.21%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%71.01%
EPS Next Y17.43%
EPS Next 2Y13.34%
EPS Next 3Y15.89%
EPS Next 5YN/A
Revenue 1Y (TTM)61.96%
Revenue growth 3Y20.03%
Revenue growth 5Y4.16%
Sales Q2Q%104.16%
Revenue Next Year5.51%
Revenue Next 2Y4.77%
Revenue Next 3Y5.23%
Revenue Next 5YN/A
EBIT growth 1Y64.1%
EBIT growth 3YN/A
EBIT growth 5Y10.17%
EBIT Next Year53.78%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y40.82%
FCF growth 3Y14.17%
FCF growth 5Y5.28%
OCF growth 1Y32.24%
OCF growth 3Y17.03%
OCF growth 5Y5.55%