Vocento (VOC) AI Stock Analysis

• Market Cap: €77.13M
• Dividend Yield: N/A
• Average Volume (3M): 25.10K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.47
• Revenue Growth: -6.41%
• EPS Growth: -905.11%
• Country: ES
• Employees: 2,775
• Sector: Services
• Sector Strength: N/A
• Industry: Entertainment
• EPS (TTM): -0.08
• Shares Outstanding: 124,319,740
• 10 Day Avg. Volume: 23,237
• 30 Day Avg. Volume: 25,100
• PEG Ratio: <0.01
• Price to Book (P/B): 0.69
• Price to Sales (P/S): 0.22
• P/FCF Ratio: -4.47
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: €0.72 ▲(1.27% Upside)

Vocento's overall stock score is primarily impacted by its financial performance challenges, with declining revenue and profitability. Technical analysis provides some positive momentum, but valuation concerns due to negative earnings weigh heavily. The absence of earnings call insights and corporate events leaves the financial and technical aspects as the primary influencers of the score.

Positive Factors

Digital Transformation

Vocento's investment in digital advertising and subscriptions positions it well to capture growth in digital media consumption, enhancing long-term revenue potential.

Cash Flow Efficiency

A strong free cash flow to net income ratio indicates efficient cash generation, providing flexibility for strategic investments and debt management.

Manageable Leverage

Moderate leverage suggests Vocento has a balanced capital structure, reducing financial risk and allowing for potential growth opportunities.

Negative Factors

Declining Revenue

Declining revenue growth undermines long-term financial health and competitiveness, necessitating strategic adjustments to reverse the trend.

Negative Profitability

Sustained negative profitability impacts Vocento's ability to reinvest in growth and maintain competitive positioning in the media industry.

Negative Operating Cash Flow

Negative operating cash flow indicates potential liquidity issues, limiting Vocento's ability to fund operations and strategic initiatives without external financing.

Vocento Business Overview & Revenue Model

Company Description

Vocento (VOC) is a leading Spanish media group that operates across various sectors, including print and digital publishing, television, and online services. The company is known for its diverse portfolio of publications, which includes regional newspapers, magazines, and digital platforms, as well as its presence in broadcasting through its television channels. Vocento aims to deliver quality journalism and entertainment while adapting to the evolving media landscape.

How the Company Makes Money

Vocento generates revenue primarily through advertising, subscription fees, and content production. Key revenue streams include advertising sales from its newspapers, magazines, and digital platforms, which are bolstered by its large audience reach. The company also earns income from subscriptions to its print and digital publications. Additionally, Vocento produces multimedia content and engages in partnerships with other media organizations, enhancing its revenue potential. The shift towards digital media consumption has led Vocento to invest in online advertising and digital subscriptions, contributing significantly to its earnings.

Vocento Financial Statement Overview

Summary

Vocento faces significant financial challenges, with declining revenue and profitability, particularly evident in the TTM period. While the balance sheet shows manageable leverage, poor profitability impacts overall financial health. Cash flow trends are mixed, with some positive free cash flow growth but negative operating cash flow. The company needs to focus on improving revenue and profitability to enhance its financial position.

Income Statement

Vocento's income statement shows significant challenges. The TTM data reveals a sharp decline in revenue growth by 23.33%, with negative margins across the board, including a net profit margin of -25.00%. Historical data indicates fluctuating revenue growth and profitability, with recent years showing negative EBIT and EBITDA margins. The company needs to address its declining revenue and profitability to improve its financial health.

Balance Sheet

The balance sheet presents a mixed picture. The TTM debt-to-equity ratio is moderate at 0.52, indicating manageable leverage. However, the return on equity is negative at -54.58%, reflecting poor profitability. The equity ratio is not explicitly calculated, but the company's equity position appears stable relative to its assets. Overall, while leverage is under control, profitability remains a concern.

Cash Flow

Cash flow analysis shows some positive trends, with a 32.11% growth in free cash flow in the TTM period. However, operating cash flow is negative, and the operating cash flow to net income ratio is weak at -2.54%. The free cash flow to net income ratio is relatively strong at 4.48, indicating some efficiency in cash generation relative to net income. Despite these positives, the negative operating cash flow is a significant concern.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	237.18M	342.00M	358.60M	341.24M	326.80M	313.46M
Gross Profit	166.48M	320.74M	164.85M	311.95M	254.98M	67.56M
EBITDA	-127.48M	-47.50M	40.09M	37.19M	45.30M	-161.00K
Net Income	-73.47M	-97.25M	4.01M	12.89M	13.62M	-21.75M
Balance Sheet
Total Assets	333.48M	355.73M	437.12M	430.07M	435.23M	476.46M
Cash, Cash Equivalents and Short-Term Investments	17.14M	19.14M	24.66M	15.30M	29.36M	25.18M
Total Debt	63.17M	77.95M	58.26M	45.08M	52.22M	92.02M
Total Liabilities	173.46M	194.16M	170.37M	161.93M	166.54M	220.21M
Stockholders Equity	102.94M	106.45M	208.50M	210.74M	204.51M	191.73M
Cash Flow
Free Cash Flow	-20.03M	-16.51M	7.80M	4.82M	29.25M	6.43M
Operating Cash Flow	-6.82M	-808.00K	21.02M	19.30M	41.96M	23.57M
Investing Cash Flow	29.04M	-9.65M	-8.81M	-17.40M	6.38M	-13.97M
Financing Cash Flow	-23.06M	4.94M	-2.85M	-23.10M	-44.15M	-2.13M

Vocento Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.71
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:VOC, the sentiment is Negative. The current price of 0.71 is above the 20-day moving average (MA) of 0.70, above the 50-day MA of 0.68, and above the 200-day MA of 0.65, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 33.55 is Neutral, neither overbought nor oversold. The STOCH value of 17.58 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ES:VOC.

Vocento Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
A3M	69 Neutral	€1.18B	10.28	14.87%	12.71%	-3.21%	-36.23%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
VOC	53 Neutral	€77.13M	-1.07	-63.51%	―	-6.41%	-905.11%
PRS	48 Neutral	€462.98M	-27.10	―	―	-1.03%	59.06%