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M6-METROPOLE TELEVISION (MMT.PA) Stock Fundamental Analysis

EPA:MMT - Euronext Paris - Matif - FR0000053225 - Common Stock - Currency: EUR

13.32  +0.14 (+1.06%)

Fundamental Rating

7

Overall MMT gets a fundamental rating of 7 out of 10. We evaluated MMT against 65 industry peers in the Media industry. Both the health and profitability get an excellent rating, making MMT a very profitable company, without any liquidiy or solvency issues. MMT has a decent growth rate and is not valued too expensively. MMT also has an excellent dividend rating. These ratings could make MMT a good candidate for dividend investing.


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

In the past year MMT was profitable.
In the past year MMT had a positive cash flow from operations.
In the past 5 years MMT has always been profitable.
In the past 5 years MMT always reported a positive cash flow from operatings.
MMT.PA Yearly Net Income VS EBIT VS OCF VS FCFMMT.PA 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 100M 200M 300M 400M

1.2 Ratios

MMT has a Return On Assets of 16.22%. This is amongst the best in the industry. MMT outperforms 95.38% of its industry peers.
Looking at the Return On Equity, with a value of 25.83%, MMT belongs to the top of the industry, outperforming 87.69% of the companies in the same industry.
The Return On Invested Capital of MMT (20.20%) is better than 95.38% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MMT is significantly above the industry average of 8.66%.
The 3 year average ROIC (15.50%) for MMT is below the current ROIC(20.20%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 16.22%
ROE 25.83%
ROIC 20.2%
ROA(3y)11%
ROA(5y)11.57%
ROE(3y)18.57%
ROE(5y)20.81%
ROIC(3y)15.5%
ROIC(5y)15.98%
MMT.PA Yearly ROA, ROE, ROICMMT.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 5 10 15 20 25

1.3 Margins

MMT's Profit Margin of 16.18% is amongst the best of the industry. MMT outperforms 93.85% of its industry peers.
In the last couple of years the Profit Margin of MMT has grown nicely.
Looking at the Operating Margin, with a value of 20.57%, MMT belongs to the top of the industry, outperforming 96.92% of the companies in the same industry.
In the last couple of years the Operating Margin of MMT has grown nicely.
With a Gross Margin value of 58.25%, MMT perfoms like the industry average, outperforming 52.31% of the companies in the same industry.
MMT's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 20.57%
PM (TTM) 16.18%
GM 58.25%
OM growth 3Y1.67%
OM growth 5Y3.38%
PM growth 3Y-6.44%
PM growth 5Y6.83%
GM growth 3Y-11.16%
GM growth 5Y-8.01%
MMT.PA Yearly Profit, Operating, Gross MarginsMMT.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 20 40 60

9

2. Health

2.1 Basic Checks

MMT has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for MMT remains at a similar level compared to 1 year ago.
Compared to 5 years ago, MMT has about the same amount of shares outstanding.
Compared to 1 year ago, MMT has an improved debt to assets ratio.
MMT.PA Yearly Shares OutstandingMMT.PA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M 100M
MMT.PA Yearly Total Debt VS Total AssetsMMT.PA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B 2B

2.2 Solvency

MMT has an Altman-Z score of 4.23. This indicates that MMT is financially healthy and has little risk of bankruptcy at the moment.
MMT has a better Altman-Z score (4.23) than 98.46% of its industry peers.
MMT has a debt to FCF ratio of 0.88. This is a very positive value and a sign of high solvency as it would only need 0.88 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.88, MMT belongs to the top of the industry, outperforming 95.38% of the companies in the same industry.
MMT has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of MMT (0.06) is better than 90.77% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF 0.88
Altman-Z 4.23
ROIC/WACC2.72
WACC7.42%
MMT.PA Yearly LT Debt VS Equity VS FCFMMT.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M 800M 1B

2.3 Liquidity

A Current Ratio of 2.01 indicates that MMT has no problem at all paying its short term obligations.
The Current ratio of MMT (2.01) is better than 90.77% of its industry peers.
MMT has a Quick Ratio of 1.57. This is a normal value and indicates that MMT is financially healthy and should not expect problems in meeting its short term obligations.
MMT has a better Quick ratio (1.57) than 87.69% of its industry peers.
Industry RankSector Rank
Current Ratio 2.01
Quick Ratio 1.57
MMT.PA Yearly Current Assets VS Current LiabilitesMMT.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M 800M 1B

4

3. Growth

3.1 Past

MMT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 84.12%, which is quite impressive.
Measured over the past 5 years, MMT shows a small growth in Earnings Per Share. The EPS has been growing by 5.29% on average per year.
The Revenue has grown by 50.05% in the past year. This is a very strong growth!
Measured over the past years, MMT shows a decrease in Revenue. The Revenue has been decreasing by -1.54% on average per year.
EPS 1Y (TTM)84.12%
EPS 3Y-5.47%
EPS 5Y5.29%
EPS Q2Q%-18.99%
Revenue 1Y (TTM)50.05%
Revenue growth 3Y1.09%
Revenue growth 5Y-1.54%
Sales Q2Q%5.63%

3.2 Future

MMT is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -5.02% yearly.
MMT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.89% yearly.
EPS Next Y-14.67%
EPS Next 2Y-11.24%
EPS Next 3Y-10.87%
EPS Next 5Y-5.02%
Revenue Next Year0.83%
Revenue Next 2Y-0.11%
Revenue Next 3Y1.17%
Revenue Next 5Y0.89%

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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.
MMT.PA Yearly Revenue VS EstimatesMMT.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B
MMT.PA Yearly EPS VS EstimatesMMT.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.5 1 1.5

6

4. Valuation

4.1 Price/Earnings Ratio

MMT is valuated cheaply with a Price/Earnings ratio of 5.29.
90.77% of the companies in the same industry are more expensive than MMT, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 29.35, MMT is valued rather cheaply.
MMT is valuated reasonably with a Price/Forward Earnings ratio of 9.73.
Based on the Price/Forward Earnings ratio, MMT is valued a bit cheaper than 69.23% of the companies in the same industry.
MMT's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.10.
Industry RankSector Rank
PE 5.29
Fwd PE 9.73
MMT.PA Price Earnings VS Forward Price EarningsMMT.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

MMT's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MMT is cheaper than 87.69% of the companies in the same industry.
MMT's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 10.77
EV/EBITDA 2.89
MMT.PA Per share dataMMT.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

MMT has an outstanding profitability rating, which may justify a higher PE ratio.
MMT's earnings are expected to decrease with -10.87% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)1
EPS Next 2Y-11.24%
EPS Next 3Y-10.87%

7

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 9.57%, MMT is a good candidate for dividend investing.
MMT's Dividend Yield is rather good when compared to the industry average which is at 4.64. MMT pays more dividend than 100.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.33, MMT pays a better dividend.
Industry RankSector Rank
Dividend Yield 9.57%

5.2 History

The dividend of MMT has a limited annual growth rate of 1.96%.
Dividend Growth(5Y)1.96%
Div Incr Years1
Div Non Decr Years2
MMT.PA Yearly Dividends per shareMMT.PA Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 0.5 1

5.3 Sustainability

MMT pays out 50.63% of its income as dividend. This is a bit on the high side, but may be sustainable.
MMT's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP50.63%
EPS Next 2Y-11.24%
EPS Next 3Y-10.87%
MMT.PA Yearly Income VS Free CF VS DividendMMT.PA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M
MMT.PA Dividend Payout.MMT.PA Dividend Payout, showing the Payout Ratio.MMT.PA Dividend Payout.PayoutRetained Earnings

M6-METROPOLE TELEVISION

EPA:MMT (3/10/2025, 10:12:36 AM)

13.32

+0.14 (+1.06%)

Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)02-11 2025-02-11/amc
Earnings (Next)04-29 2025-04-29
Inst Owners10.37%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap1.68B
Analysts72.73
Price Target14.35 (7.73%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 9.57%
Yearly Dividend1.05
Dividend Growth(5Y)1.96%
DP50.63%
Div Incr Years1
Div Non Decr Years2
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)-1.52%
PT rev (3m)-2.31%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.01%
EPS NY rev (3m)-6.01%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.45%
Revenue NY rev (3m)-1.26%
Valuation
Industry RankSector Rank
PE 5.29
Fwd PE 9.73
P/S 0.85
P/FCF 10.77
P/OCF 6.99
P/B 1.36
P/tB 2.77
EV/EBITDA 2.89
EPS(TTM)2.52
EY18.92%
EPS(NY)1.37
Fwd EY10.28%
FCF(TTM)1.24
FCFY9.28%
OCF(TTM)1.9
OCFY14.3%
SpS15.6
BVpS9.78
TBVpS4.8
PEG (NY)N/A
PEG (5Y)1
Profitability
Industry RankSector Rank
ROA 16.22%
ROE 25.83%
ROCE 28.49%
ROIC 20.2%
ROICexc 25.68%
ROICexgc 58.55%
OM 20.57%
PM (TTM) 16.18%
GM 58.25%
FCFM 7.92%
ROA(3y)11%
ROA(5y)11.57%
ROE(3y)18.57%
ROE(5y)20.81%
ROIC(3y)15.5%
ROIC(5y)15.98%
ROICexc(3y)21.22%
ROICexc(5y)20.16%
ROICexgc(3y)53.88%
ROICexgc(5y)48.41%
ROCE(3y)21.87%
ROCE(5y)22.54%
ROICexcg growth 3Y10.95%
ROICexcg growth 5Y-4.38%
ROICexc growth 3Y3.33%
ROICexc growth 5Y-6.28%
OM growth 3Y1.67%
OM growth 5Y3.38%
PM growth 3Y-6.44%
PM growth 5Y6.83%
GM growth 3Y-11.16%
GM growth 5Y-8.01%
F-Score6
Asset Turnover1
Health
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF 0.88
Debt/EBITDA 0.16
Cap/Depr 77.1%
Cap/Sales 4.28%
Interest Coverage 169.08
Cash Conversion 46.72%
Profit Quality 48.97%
Current Ratio 2.01
Quick Ratio 1.57
Altman-Z 4.23
F-Score6
WACC7.42%
ROIC/WACC2.72
Cap/Depr(3y)85.39%
Cap/Depr(5y)85.24%
Cap/Sales(3y)6.45%
Cap/Sales(5y)6.5%
Profit Quality(3y)119.02%
Profit Quality(5y)103.8%
High Growth Momentum
Growth
EPS 1Y (TTM)84.12%
EPS 3Y-5.47%
EPS 5Y5.29%
EPS Q2Q%-18.99%
EPS Next Y-14.67%
EPS Next 2Y-11.24%
EPS Next 3Y-10.87%
EPS Next 5Y-5.02%
Revenue 1Y (TTM)50.05%
Revenue growth 3Y1.09%
Revenue growth 5Y-1.54%
Sales Q2Q%5.63%
Revenue Next Year0.83%
Revenue Next 2Y-0.11%
Revenue Next 3Y1.17%
Revenue Next 5Y0.89%
EBIT growth 1Y35.45%
EBIT growth 3Y2.78%
EBIT growth 5Y1.8%
EBIT Next Year13.06%
EBIT Next 3Y-0.81%
EBIT Next 5YN/A
FCF growth 1Y-42.96%
FCF growth 3Y9.32%
FCF growth 5Y6.86%
OCF growth 1Y-33.95%
OCF growth 3Y7.54%
OCF growth 5Y2.67%