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ProSiebenSat.1 Media SE (DE:PSM)
XETRA:PSM
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ProSiebenSat.1 Media SE (PSM) AI Stock Analysis

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DE:PSM

ProSiebenSat.1 Media SE

(XETRA:PSM)

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Neutral 48 (OpenAI - 5.2)
Rating:48Neutral
Price Target:
€4.00
▼(-9.91% Downside)
Action:Reiterated
Date:05/15/26
The score is held back primarily by weak and volatile profitability (current net losses) alongside elevated leverage, plus bearish technical momentum with the stock below all major moving averages and a negative MACD. Strong operating/free cash flow provides meaningful support, but declining FCF growth and a negative P/E (loss-making) keep the overall profile below average.
Positive Factors
Strong cash generation
Consistent, large operating and free cash flows provide a durable financial cushion independent of accounting profits. This cash can fund content investment, digital expansion, debt reduction, or shareholder returns, smoothing volatility from cyclical ad markets and supporting strategic flexibility.
Negative Factors
Elevated leverage
High debt relative to equity constrains financial flexibility and raises refinancing and interest risk, particularly in a cyclical, ad‑sensitive industry. Elevated leverage limits capacity to invest in digital transformation or absorb prolonged ad downturns without stressing liquidity or margins.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong cash generation
Consistent, large operating and free cash flows provide a durable financial cushion independent of accounting profits. This cash can fund content investment, digital expansion, debt reduction, or shareholder returns, smoothing volatility from cyclical ad markets and supporting strategic flexibility.
Read all positive factors

ProSiebenSat.1 Media SE (PSM) vs. iShares MSCI Germany ETF (EWG)

ProSiebenSat.1 Media SE Business Overview & Revenue Model

Company Description
ProSiebenSat.1 Media SE, together with its subsidiaries, operates as a media company in Europe. It operates through three segments: Entertainment, Dating & Video, and Commerce & Ventures. The Entertainment segment operates free TV stations and dig...
How the Company Makes Money
PSM primarily earns revenue by monetizing audience reach across its TV channels and digital video properties through advertising sales. A substantial portion of its income comes from selling advertising inventory (e.g., TV commercials and digital ...

ProSiebenSat.1 Media SE Financial Statement Overview

Summary
Fundamentals are mixed: revenue is slightly down TTM (-2.177%) and profitability is weak/volatile with current net losses (net margin ~-4.2%) despite positive EBIT margin (~3.3%). Leverage is elevated (TTM debt-to-equity ~1.67) and ROE is negative (~-13.8%), but cash generation is a key offset with strong TTM operating cash flow (~€1.00B) and free cash flow (~€0.84B), albeit with declining FCF growth (-7.1%).
Income Statement
34
Negative
Balance Sheet
45
Neutral
Cash Flow
71
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Mar 2023Dec 2021
Income Statement
Total Revenue3.60B3.67B3.92B3.85B4.16B4.49B
Gross Profit1.00B1.03B1.49B1.04B1.54B1.75B
EBITDA496.00M406.00M588.00M120.00M686.00M945.00M
Net Income-150.00M-169.00M51.00M-124.00M5.00M456.00M
Balance Sheet
Total Assets4.56B5.04B5.61B6.07B6.00B6.59B
Cash, Cash Equivalents and Short-Term Investments224.00M541.00M608.00M573.00M520.00M649.00M
Total Debt1.88B2.15B2.25B2.45B2.43B2.67B
Total Liabilities3.42B3.87B4.14B4.49B4.23B4.49B
Stockholders Equity1.12B1.15B1.32B1.26B1.51B1.66B
Cash Flow
Free Cash Flow836.00M900.00M994.00M1.02B242.00M261.00M
Operating Cash Flow1.00B1.07B1.20B1.24B1.35B1.54B
Investing Cash Flow-991.00M-854.00M-1.10B-1.12B-966.00M-1.25B
Financing Cash Flow-475.00M-277.00M-72.00M-44.00M-519.00M-940.00M

ProSiebenSat.1 Media SE Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price4.44
Price Trends
50DMA
4.01
Negative
100DMA
4.37
Negative
200DMA
5.10
Negative
Market Momentum
MACD
-0.05
Negative
RSI
47.79
Neutral
STOCH
46.34
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For DE:PSM, the sentiment is Neutral. The current price of 4.44 is above the 20-day moving average (MA) of 3.93, above the 50-day MA of 4.01, and below the 200-day MA of 5.10, indicating a neutral trend. The MACD of -0.05 indicates Negative momentum. The RSI at 47.79 is Neutral, neither overbought nor oversold. The STOCH value of 46.34 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for DE:PSM.

ProSiebenSat.1 Media SE Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
€4.80B5.424.65%6.31%-3.77%113.92%
61
Neutral
€23.68M-92.31-5.36%6.04%-111.04%
60
Neutral
€2.09B58.6128.57%6.33%1.27%-10.16%
58
Neutral
€68.14M28.803.08%195.18%-50.82%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
48
Neutral
€893.47M-5.52-13.85%1.03%-7.96%-1114.39%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
DE:PSM
ProSiebenSat.1 Media SE
3.94
-3.26
-45.31%
DE:APM
Ad Pepper Media International NV
2.76
-0.34
-10.97%
DE:RRTL
RTL Group SA
31.00
1.24
4.16%
DE:SAX
Stroeer SE & Co. KGaA
37.50
-11.37
-23.27%
DE:WBAH
Wild Bunch
16.20
-20.80
-56.22%
DE:YOC
YOC AG
6.82
-8.03
-54.07%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 15, 2026