TELEVISION FRANCAISE (T.F.1) (TFI.PA) Stock Fundamental Analysis
EPA:TFI - Euronext Paris - Matif - FR0000054900 - Common Stock - Currency: EUR
Overall TFI gets a fundamental rating of 6 out of 10. We evaluated TFI against 65 industry peers in the Media industry. TFI has an excellent profitability rating, but there are some minor concerns on its financial health. TFI has a decent growth rate and is not valued too expensively. Finally TFI also has an excellent dividend rating. With these ratings, TFI could be worth investigating further for dividend investing!.
1. Profitability
1.1 Basic Checks
TFI had positive earnings in the past year.
In the past year TFI had a positive cash flow from operations.
Each year in the past 5 years TFI has been profitable.
In the past 5 years TFI always reported a positive cash flow from operatings.
1.2 Ratios
TFI has a Return On Assets of 5.32%. This is in the better half of the industry: TFI outperforms 73.85% of its industry peers.
The Return On Equity of TFI (10.10%) is better than 64.62% of its industry peers.
TFI's Return On Invested Capital of 9.12% is fine compared to the rest of the industry. TFI outperforms 75.38% of its industry peers.
TFI had an Average Return On Invested Capital over the past 3 years of 9.68%. This is in line with the industry average of 8.66%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.32% | ||
| ROE | 10.1% | ||
| ROIC | 9.12% |
ROA(3y)5.12%
ROA(5y)4.61%
ROE(3y)9.78%
ROE(5y)9.11%
ROIC(3y)9.68%
ROIC(5y)9.25%
1.3 Margins
TFI has a Profit Margin of 8.76%. This is in the better half of the industry: TFI outperforms 78.46% of its industry peers.
TFI's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 11.49%, TFI is in the better half of the industry, outperforming 73.85% of the companies in the same industry.
In the last couple of years the Operating Margin of TFI has remained more or less at the same level.
TFI's Gross Margin of 67.25% is fine compared to the rest of the industry. TFI outperforms 63.08% of its industry peers.
TFI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.49% | ||
| PM (TTM) | 8.76% | ||
| GM | 67.25% |
OM growth 3Y-5.88%
OM growth 5Y1.24%
PM growth 3Y-2.06%
PM growth 5Y5.66%
GM growth 3Y-3.51%
GM growth 5Y0.45%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TFI is still creating some value.
TFI has about the same amout of shares outstanding than it did 1 year ago.
Compared to 5 years ago, TFI has more shares outstanding
The debt/assets ratio for TFI is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.38 indicates that TFI is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.38, TFI is doing good in the industry, outperforming 80.00% of the companies in the same industry.
The Debt to FCF ratio of TFI is 1.68, which is an excellent value as it means it would take TFI, only 1.68 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of TFI (1.68) is better than 87.69% of its industry peers.
A Debt/Equity ratio of 0.05 indicates that TFI is not too dependend on debt financing.
The Debt to Equity ratio of TFI (0.05) is better than 92.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 1.68 | ||
| Altman-Z | 2.38 |
ROIC/WACC1.23
WACC7.44%
2.3 Liquidity
A Current Ratio of 1.49 indicates that TFI should not have too much problems paying its short term obligations.
TFI has a Current ratio of 1.49. This is in the better half of the industry: TFI outperforms 80.00% of its industry peers.
TFI has a Quick Ratio of 1.23. This is a normal value and indicates that TFI is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of TFI (1.23) is better than 72.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.49 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 5.64% over the past year.
Measured over the past 5 years, TFI shows a small growth in Earnings Per Share. The EPS has been growing by 5.60% on average per year.
TFI shows a small growth in Revenue. In the last year, the Revenue has grown by 2.59%.
The Revenue has been growing slightly by 0.16% on average over the past years.
EPS 1Y (TTM)5.64%
EPS 3Y-3.15%
EPS 5Y5.6%
EPS Q2Q%12.52%
Revenue 1Y (TTM)2.59%
Revenue growth 3Y-0.98%
Revenue growth 5Y0.16%
Sales Q2Q%2.14%
3.2 Future
TFI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.36% yearly.
Based on estimates for the next years, TFI will show a small growth in Revenue. The Revenue will grow by 1.53% on average per year.
EPS Next Y4.25%
EPS Next 2Y7.12%
EPS Next 3Y0.36%
EPS Next 5YN/A
Revenue Next Year1.46%
Revenue Next 2Y1.73%
Revenue Next 3Y1.53%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
A Price/Earnings ratio of 8.86 indicates a reasonable valuation of TFI.
Compared to the rest of the industry, the Price/Earnings ratio of TFI indicates a somewhat cheap valuation: TFI is cheaper than 75.38% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 29.35. TFI is valued rather cheaply when compared to this.
Based on the Price/Forward Earnings ratio of 8.16, the valuation of TFI can be described as reasonable.
83.08% of the companies in the same industry are more expensive than TFI, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, TFI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.86 | ||
| Fwd PE | 8.16 |
4.2 Price Multiples
92.31% of the companies in the same industry are more expensive than TFI, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TFI is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.11 | ||
| EV/EBITDA | 1.89 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TFI does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of TFI may justify a higher PE ratio.
PEG (NY)2.09
PEG (5Y)1.58
EPS Next 2Y7.12%
EPS Next 3Y0.36%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.33%, TFI is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.64, TFI pays a better dividend. On top of this TFI pays more dividend than 90.77% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.33, TFI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.33% |
5.2 History
The dividend of TFI is nicely growing with an annual growth rate of 6.60%!
Dividend Growth(5Y)6.6%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
TFI pays out 56.22% of its income as dividend. This is a bit on the high side, but may be sustainable.
TFI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP56.22%
EPS Next 2Y7.12%
EPS Next 3Y0.36%
EPA:TFI (3/10/2025, 11:35:50 AM)
8.505
+0.18 (+2.1%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners22.97%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap1.79B
Analysts81.82
Price Target10.15 (19.34%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.33% |
Yearly Dividend0.55
Dividend Growth(5Y)6.6%
DP56.22%
Div Incr Years2
Div Non Decr Years3
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)-2.45%
PT rev (3m)-5.24%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-4.03%
EPS NY rev (3m)-12.18%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.81%
Revenue NY rev (3m)-1.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.86 | ||
| Fwd PE | 8.16 | ||
| P/S | 0.76 | ||
| P/FCF | 11.11 | ||
| P/OCF | 3.78 | ||
| P/B | 0.88 | ||
| P/tB | 2.01 | ||
| EV/EBITDA | 1.89 |
EPS(TTM)0.96
EY11.29%
EPS(NY)1.04
Fwd EY12.25%
FCF(TTM)0.77
FCFY9%
OCF(TTM)2.25
OCFY26.47%
SpS11.17
BVpS9.69
TBVpS4.24
PEG (NY)2.09
PEG (5Y)1.58
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.32% | ||
| ROE | 10.1% | ||
| ROCE | 11.97% | ||
| ROIC | 9.12% | ||
| ROICexc | 13.29% | ||
| ROICexgc | 51.12% | ||
| OM | 11.49% | ||
| PM (TTM) | 8.76% | ||
| GM | 67.25% | ||
| FCFM | 6.85% |
ROA(3y)5.12%
ROA(5y)4.61%
ROE(3y)9.78%
ROE(5y)9.11%
ROIC(3y)9.68%
ROIC(5y)9.25%
ROICexc(3y)13.53%
ROICexc(5y)12.25%
ROICexgc(3y)44.51%
ROICexgc(5y)40.81%
ROCE(3y)12.71%
ROCE(5y)12.15%
ROICexcg growth 3Y-3.26%
ROICexcg growth 5Y12.49%
ROICexc growth 3Y-5.58%
ROICexc growth 5Y4.85%
OM growth 3Y-5.88%
OM growth 5Y1.24%
PM growth 3Y-2.06%
PM growth 5Y5.66%
GM growth 3Y-3.51%
GM growth 5Y0.45%
F-Score7
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 1.68 | ||
| Debt/EBITDA | 0.14 | ||
| Cap/Depr | 73.76% | ||
| Cap/Sales | 13.31% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 68.27% | ||
| Profit Quality | 78.21% | ||
| Current Ratio | 1.49 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 2.38 |
F-Score7
WACC7.44%
ROIC/WACC1.23
Cap/Depr(3y)73.44%
Cap/Depr(5y)76.98%
Cap/Sales(3y)12.92%
Cap/Sales(5y)13.2%
Profit Quality(3y)111.77%
Profit Quality(5y)165.94%
High Growth Momentum
Growth
EPS 1Y (TTM)5.64%
EPS 3Y-3.15%
EPS 5Y5.6%
EPS Q2Q%12.52%
EPS Next Y4.25%
EPS Next 2Y7.12%
EPS Next 3Y0.36%
EPS Next 5YN/A
Revenue 1Y (TTM)2.59%
Revenue growth 3Y-0.98%
Revenue growth 5Y0.16%
Sales Q2Q%2.14%
Revenue Next Year1.46%
Revenue Next 2Y1.73%
Revenue Next 3Y1.53%
Revenue Next 5YN/A
EBIT growth 1Y6.91%
EBIT growth 3Y-6.81%
EBIT growth 5Y1.4%
EBIT Next Year88.38%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-50.82%
FCF growth 3Y-19.68%
FCF growth 5Y2.42%
OCF growth 1Y-24.19%
OCF growth 3Y-9.58%
OCF growth 5Y4.04%