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 7 out of 10. We evaluated TFI against 69 industry peers in the Media industry. TFI has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. TFI scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally TFI also has an excellent dividend rating. These ratings could make TFI a good candidate for value and dividend and quality 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.
TFI had positive earnings in each of the past 5 years.
Each year in the past 5 years TFI had a positive operating cash flow.
1.2 Ratios
TFI has a better Return On Assets (5.35%) than 70.97% of its industry peers.
The Return On Equity of TFI (10.13%) is comparable to the rest of the industry.
TFI's Return On Invested Capital of 9.21% is fine compared to the rest of the industry. TFI outperforms 69.35% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TFI is in line with the industry average of 9.42%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.35% | ||
| ROE | 10.13% | ||
| ROIC | 9.21% |
ROA(3y)5.38%
ROA(5y)4.48%
ROE(3y)10.67%
ROE(5y)9.08%
ROIC(3y)11.21%
ROIC(5y)9.68%
1.3 Margins
With a decent Profit Margin value of 8.52%, TFI is doing good in the industry, outperforming 74.19% of the companies in the same industry.
TFI's Profit Margin has improved in the last couple of years.
TFI has a better Operating Margin (10.86%) than 69.35% of its industry peers.
In the last couple of years the Operating Margin of TFI has grown nicely.
With a decent Gross Margin value of 64.88%, TFI is doing good in the industry, outperforming 61.29% of the companies in the same industry.
In the last couple of years the Gross Margin of TFI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.86% | ||
| PM (TTM) | 8.52% | ||
| GM | 64.88% |
OM growth 3Y26.72%
OM growth 5Y6.86%
PM growth 3Y46.52%
PM growth 5Y8.46%
GM growth 3Y1.53%
GM growth 5Y3.18%
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.
Compared to 1 year ago, TFI has about the same amount of shares outstanding.
The number of shares outstanding for TFI has been increased compared to 5 years ago.
The debt/assets ratio for TFI is higher compared to a year ago.
2.2 Solvency
TFI has an Altman-Z score of 2.34. This is not the best score and indicates that TFI is in the grey zone with still only limited risk for bankruptcy at the moment.
TFI has a better Altman-Z score (2.34) than 82.26% of its industry peers.
TFI has a debt to FCF ratio of 1.40. This is a very positive value and a sign of high solvency as it would only need 1.40 years to pay back of all of its debts.
TFI has a better Debt to FCF ratio (1.40) than 87.10% of its industry peers.
TFI has a Debt/Equity ratio of 0.05. This is a healthy value indicating a solid balance between debt and equity.
TFI's Debt to Equity ratio of 0.05 is amongst the best of the industry. TFI outperforms 90.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 1.4 | ||
| Altman-Z | 2.34 |
ROIC/WACC1.28
WACC7.17%
2.3 Liquidity
A Current Ratio of 1.43 indicates that TFI should not have too much problems paying its short term obligations.
The Current ratio of TFI (1.43) is better than 69.35% of its industry peers.
A Quick Ratio of 1.15 indicates that TFI should not have too much problems paying its short term obligations.
TFI has a Quick ratio of 1.15. This is in the better half of the industry: TFI outperforms 66.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.43 | ||
| Quick Ratio | 1.15 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.78% over the past year.
TFI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.33% yearly.
TFI shows a small growth in Revenue. In the last year, the Revenue has grown by 1.09%.
TFI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 0.07% yearly.
EPS 1Y (TTM)20.78%
EPS 3Y51.83%
EPS 5Y8.33%
EPS Q2Q%27.78%
Revenue 1Y (TTM)1.09%
Revenue growth 3Y3.33%
Revenue growth 5Y0.07%
Sales Q2Q%-4.4%
3.2 Future
Based on estimates for the next years, TFI will show a small growth in Earnings Per Share. The EPS will grow by 7.75% on average per year.
TFI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.40% yearly.
EPS Next Y3.96%
EPS Next 2Y6.27%
EPS Next 3Y7.75%
EPS Next 5YN/A
Revenue Next Year3.26%
Revenue Next 2Y2.69%
Revenue Next 3Y2.4%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.22, the valuation of TFI can be described as reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of TFI indicates a somewhat cheap valuation: TFI is cheaper than 72.58% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of TFI to the average of the S&P500 Index (28.36), we can say TFI is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.04, the valuation of TFI can be described as very cheap.
Based on the Price/Forward Earnings ratio, TFI is valued cheaper than 85.48% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 92.49, TFI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.22 | ||
| Fwd PE | 7.04 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TFI is valued cheaper than 91.94% of the companies in the same industry.
TFI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. TFI is cheaper than 61.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.86 | ||
| EV/EBITDA | 2.04 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
TFI has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.07
PEG (5Y)0.99
EPS Next 2Y6.27%
EPS Next 3Y7.75%
5. Dividend
5.1 Amount
TFI has a Yearly Dividend Yield of 7.29%, which is a nice return.
Compared to an average industry Dividend Yield of 5.05, TFI pays a better dividend. On top of this TFI pays more dividend than 87.10% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.28, TFI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.29% |
5.2 History
The dividend of TFI is nicely growing with an annual growth rate of 7.35%!
Dividend Growth(5Y)7.35%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
58.30% of the earnings are spent on dividend by TFI. This is a bit on the high side, but may be sustainable.
TFI's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP58.3%
EPS Next 2Y6.27%
EPS Next 3Y7.75%
TELEVISION FRANCAISE (T.F.1)
EPA:TFI (2/4/2025, 5:26:16 PM)
7.64
+0.07 (+0.92%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners18.58%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap1.61B
Analysts80
Price Target10.4 (36.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.29% |
Yearly Dividend0.5
Dividend Growth(5Y)7.35%
DP58.3%
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)0%
PT rev (3m)-5.56%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-7.05%
EPS NY rev (3m)-7.05%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.62%
Revenue NY rev (3m)-0.62%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.22 | ||
| Fwd PE | 7.04 | ||
| P/S | 0.69 | ||
| P/FCF | 7.86 | ||
| P/OCF | 3.04 | ||
| P/B | 0.82 | ||
| P/tB | 2.01 | ||
| EV/EBITDA | 2.04 |
EPS(TTM)0.93
EY12.17%
EPS(NY)1.09
Fwd EY14.21%
FCF(TTM)0.97
FCFY12.72%
OCF(TTM)2.51
OCFY32.89%
SpS11.09
BVpS9.32
TBVpS3.79
PEG (NY)2.07
PEG (5Y)0.99
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.35% | ||
| ROE | 10.13% | ||
| ROCE | 11.76% | ||
| ROIC | 9.21% | ||
| ROICexc | 12.62% | ||
| ROICexgc | 48.25% | ||
| OM | 10.86% | ||
| PM (TTM) | 8.52% | ||
| GM | 64.88% | ||
| FCFM | 8.76% |
ROA(3y)5.38%
ROA(5y)4.48%
ROE(3y)10.67%
ROE(5y)9.08%
ROIC(3y)11.21%
ROIC(5y)9.68%
ROICexc(3y)14.78%
ROICexc(5y)12.04%
ROICexgc(3y)47.65%
ROICexgc(5y)37.36%
ROCE(3y)14.3%
ROCE(5y)12.35%
ROICexcg growth 3Y46.02%
ROICexcg growth 5Y14.47%
ROICexc growth 3Y38.09%
ROICexc growth 5Y10.23%
OM growth 3Y26.72%
OM growth 5Y6.86%
PM growth 3Y46.52%
PM growth 5Y8.46%
GM growth 3Y1.53%
GM growth 5Y3.18%
F-Score7
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 1.4 | ||
| Debt/EBITDA | 0.17 | ||
| Cap/Depr | 85.56% | ||
| Cap/Sales | 13.9% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 83.59% | ||
| Profit Quality | 102.86% | ||
| Current Ratio | 1.43 | ||
| Quick Ratio | 1.15 | ||
| Altman-Z | 2.34 |
F-Score7
WACC7.17%
ROIC/WACC1.28
Cap/Depr(3y)77.14%
Cap/Depr(5y)78.53%
Cap/Sales(3y)13.03%
Cap/Sales(5y)12.65%
Profit Quality(3y)131.69%
Profit Quality(5y)168.74%
High Growth Momentum
Growth
EPS 1Y (TTM)20.78%
EPS 3Y51.83%
EPS 5Y8.33%
EPS Q2Q%27.78%
EPS Next Y3.96%
EPS Next 2Y6.27%
EPS Next 3Y7.75%
EPS Next 5YN/A
Revenue 1Y (TTM)1.09%
Revenue growth 3Y3.33%
Revenue growth 5Y0.07%
Sales Q2Q%-4.4%
Revenue Next Year3.26%
Revenue Next 2Y2.69%
Revenue Next 3Y2.4%
Revenue Next 5YN/A
EBIT growth 1Y0.04%
EBIT growth 3Y30.94%
EBIT growth 5Y6.94%
EBIT Next Year88.9%
EBIT Next 3Y27.97%
EBIT Next 5YN/A
FCF growth 1Y-40.04%
FCF growth 3Y18.59%
FCF growth 5Y13.95%
OCF growth 1Y-19.99%
OCF growth 3Y9.26%
OCF growth 5Y10.33%