Atresmedia Corporacion de Medios de Comunicacion, S.A (ES:A3M)
BME:A3M
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Atresmedia Corporacion de Medios de Comunicacion, S.A
(BME:A3M)
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Rating:62Neutral
Price Target:
€5.50
▲(15.06% Upside)
Action:ReiteratedDate:02/28/26
The score is held back primarily by weaker 2025 financial performance—lower revenue, materially compressed margins, and a sharp drop in operating/free cash flow—despite a solid balance sheet. Valuation is a key offset with a low P/E and very high dividend yield, while technical indicators are neutral-to-soft and do not add strong support.
Positive Factors
Conservative balance sheet
Debt-to-equity near 0.23–0.27 and substantial equity provide durable financial flexibility and lower refinancing risk. This conservative capital structure allows continued content investment, dividend support and optional M&A without forcing urgent deleveraging, bolstering stability over the next several months.
Negative Factors
Sharp decline in operating cash flow
OCF dropping dramatically reduces liquidity and free cash flow, constraining content spend, capex and working capital. The weaker cash generation materially limits tactical flexibility to absorb ad market shocks or fund growth initiatives without tapping reserves or changing payout policy over the coming 2–6 months.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Debt-to-equity near 0.23–0.27 and substantial equity provide durable financial flexibility and lower refinancing risk. This conservative capital structure allows continued content investment, dividend support and optional M&A without forcing urgent deleveraging, bolstering stability over the next several months.
Read all positive factors
Atresmedia Corporacion de Medios de Comunicacion, S.A (A3M) vs. iShares MSCI Spain ETF (EWP)
Market Cap
€1.08B
Dividend Yield12.71%
Average Volume (3M)317.96K
Price to Earnings (P/E)17.7
Beta (1Y)0.65
Revenue Growth-3.21%
EPS Growth-36.23%
CountryES
Employees2,662
SectorGeneral
Sector StrengthN/A
IndustryEntertainment
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding225,732,800
10 Day Avg. Volume313,897
30 Day Avg. Volume317,960
Financial Highlights & Ratios
PEG Ratio-0.38
Price to Book (P/B)1.50
Price to Sales (P/S)1.23
P/FCF Ratio16.79
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€5.33Price Target Upside11.51% Upside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)0.49
Revenue Forecast (FY)€1.08B
Atresmedia Corporacion de Medios de Comunicacion, S.A Business Overview & Revenue Model
Company Description
Atresmedia Corporación de Medios de Comunicación, S.A., an audiovisual company, engages in the television, digital and multimedia development, advertising, cinema, radio, cinema, and events organization businesses in Spain and internationally. The...
How the Company Makes Money
Atresmedia primarily generates revenue through advertising, which is its most significant revenue stream. The company sells advertising space across its television channels, radio stations, and digital platforms, capitalizing on its extensive audi...
Atresmedia Corporacion de Medios de Comunicacion, S.A Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
72
Positive
Cash Flow
49
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 956.07M | 893.75M | 918.95M | 886.11M | 867.29M | 877.87M |
| Gross Profit | 346.43M | 469.87M | 466.08M | 239.75M | 484.50M | 482.30M |
| EBITDA | 166.90M | 108.80M | 187.05M | 175.93M | 177.36M | 181.51M |
| Net Income | 115.06M | 62.11M | 120.28M | 171.16M | 112.91M | 118.54M |
Balance Sheet | ||||||
| Total Assets | 1.42B | 1.48B | 1.50B | 1.46B | 1.51B | 1.41B |
| Cash, Cash Equivalents and Short-Term Investments | 222.97M | 270.00M | 314.78M | 206.55M | 262.82M | 286.54M |
| Total Debt | 151.64M | 201.53M | 190.21M | 208.57M | 281.84M | 278.77M |
| Total Liabilities | 646.16M | 745.49M | 673.38M | 703.74M | 823.84M | 864.01M |
| Stockholders Equity | 770.31M | 732.91M | 830.10M | 759.98M | 685.13M | 548.17M |
Cash Flow | ||||||
| Free Cash Flow | 100.80M | 65.57M | 165.71M | 137.26M | 104.20M | 176.19M |
| Operating Cash Flow | 129.59M | 81.55M | 186.72M | 167.04M | 124.18M | 193.77M |
| Investing Cash Flow | 28.87M | -20.85M | 33.04M | 45.20M | -106.66M | -37.34M |
| Financing Cash Flow | -172.40M | -112.76M | -118.56M | -182.64M | -109.57M | -61.22M |
Atresmedia Corporacion de Medios de Comunicacion, S.A Technical Analysis
Negative
4.78
Price Trends
5.02
Negative
5.04
Negative
5.06
Negative
Market Momentum
-0.08
Negative
42.83
Neutral
65.85
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:A3M, the sentiment is Negative. The current price of 4.78 is below the 20-day moving average (MA) of 4.84, below the 50-day MA of 5.02, and below the 200-day MA of 5.06, indicating a bearish trend. The MACD of -0.08 indicates Negative momentum. The RSI at 42.83 is Neutral, neither overbought nor oversold. The STOCH value of 65.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ES:A3M.
Atresmedia Corporacion de Medios de Comunicacion, S.A Peers Comparison
UnderperformOutperform
Sector (55)
ES:A3M
Atresmedia Corporacion de Medios de Comunicacion, S.A
4.78
0.03
0.59%
ES:PRS
Promotora de Informaciones
0.31
-0.07
-18.57%
ES:VOC
Vocento
0.74
0.04
6.02%
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.