Metropole Television (MMT) AI Stock Analysis

• Market Cap: €1.49B
• Dividend Yield: 10.36%
• Average Volume (3M): 76.65K
• Price to Earnings (P/E): 10.1
• Beta (1Y): 0.83
• Revenue Growth: -4.71%
• EPS Growth: -31.54%
• Country: FR
• Employees: 1,162
• Sector: Services
• Sector Strength: N/A
• Industry: Broadcasting
• EPS (TTM): N/A
• Shares Outstanding: 126,414,246
• 10 Day Avg. Volume: 89,253
• 30 Day Avg. Volume: 76,651
• PEG Ratio: -0.31
• Price to Book (P/B): 1.07
• Price to Sales (P/S): 1.08
• P/FCF Ratio: 7.54
• 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: €13.00
• Price Target Upside: 7.26% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: €14.00 ▲(15.51% Upside)

Metropole Television's stock score is primarily supported by its strong valuation, with a low P/E ratio and high dividend yield making it attractive to value and income investors. Financial performance is stable but challenged by declining profit margins and cash flow. Technical indicators suggest a cautious outlook with weak momentum.

Metropole Television Business Overview & Revenue Model

Company Description

Métropole Télévision S.A. provides a range of programs, products, and services on various media. It operates through four segments: Television, Radio, Production and Audiovisual Rights, and Diversification. The company operates free-to-air channels, including M6, W9, 6TER, and Gulli; pay channels, such as Paris Première, Téva, sérieclub, Canal J, Tiji, M6 Music, MCM, MCM Top, and RFM TV; on-demand televisions comprising 6play, Gulli Max, and Gulli Replay; and advertising agency, as well as produces news magazines comprising Capital, Zone Interdite, Enquête Exclusive, 66 Minutes, and Enquêtes criminelles for W9. It also operates radio stations that include RTL, RTL2, and Fun Radio; distributes audiovisual film rights; and produces and co-produces films. In addition, the company engages in the TV channel broadcasting business; production, co-production, or co-distribution of short and long-playing formats, which comprise singles and albums, as well as compilations on physical and digital formats; and events and shows, including concerts, stand-up comedians, music shows, exhibitions, etc. Further, it engages in the program production, digital production and publishing, merchandising rights exploitation, estate agency, animated feature films production, Internet content and access provision, print publications, and teleshopping program activities. It also provides training and wholesale trade services; sells house; and develops cinematographic works. Métropole Télévision S.A. was incorporated in 1986 and is headquartered in Neuilly-sur-Seine, France.

How the Company Makes Money

Metropole Television generates revenue primarily through advertising and sponsorship deals, which account for a significant portion of its income. By selling advertising slots during its programming, MMT capitalizes on its viewership base, attracting brands looking to reach specific target audiences. Additionally, the company monetizes its digital platforms through subscription services and pay-per-view content, creating another robust revenue stream. Strategic partnerships with other media companies and collaborations for co-productions also contribute to its earnings by expanding its content distribution and enhancing its production capabilities.

Metropole Television Financial Statement Overview

Summary

Metropole Television exhibits a stable revenue base with strong equity and low leverage, ensuring financial stability. However, declining profit margins and cash flow generation indicate potential challenges in maintaining profitability. Continued focus on operational efficiency could help improve future financial performance.

Income Statement

The company shows stable revenue with a slight decline in 2024 compared to the previous year. Gross profit margin for 2024 is approximately 45.93%, indicating effective cost management. However, the net profit margin decreased to 13.18% from 17.80% in 2023, suggesting increased expenses or decreased operational efficiency. EBIT and EBITDA margins also saw a decline, indicating pressure on profitability.

Balance Sheet

The company's balance sheet is strong with a favorable debt-to-equity ratio of 0.08, reflecting low leverage. Return on equity for 2024 is approximately 13.08%, showcasing efficient use of shareholder equity. The equity ratio stands at 64.17%, indicating a solid financial structure with a substantial equity base.

Cash Flow

Operating cash flow decreased significantly in 2024, impacting free cash flow which also saw a decline of 15.74% compared to 2023. The operating cash flow to net income ratio is approximately 1.15, demonstrating that the company generates sufficient cash relative to its net income, though at a reduced rate compared to prior years.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.29B	1.31B	1.32B	1.36B	1.39B	1.27B
Gross Profit	305.80M	602.10M	431.30M	459.00M	441.30M	396.10M
EBITDA	265.40M	333.00M	436.40M	400.90M	359.10M	468.70M
Net Income	146.90M	172.80M	234.10M	161.50M	280.90M	276.70M
Balance Sheet
Total Assets	1.90B	2.06B	2.05B	2.02B	2.12B	1.86B
Cash, Cash Equivalents and Short-Term Investments	178.80M	332.40M	444.90M	375.30M	352.90M	197.00M
Total Debt	100.90M	104.00M	138.80M	145.50M	160.60M	161.80M
Total Liabilities	641.20M	706.30M	709.50M	783.00M	918.20M	793.50M
Stockholders Equity	1.23B	1.32B	1.31B	1.20B	1.16B	1.06B
Cash Flow
Free Cash Flow	174.10M	187.40M	222.40M	221.30M	358.40M	172.50M
Operating Cash Flow	191.10M	199.00M	306.70M	297.50M	460.00M	249.00M
Investing Cash Flow	-72.10M	-81.40M	-64.30M	-81.90M	-71.50M	-42.50M
Financing Cash Flow	-236.30M	-229.40M	-172.70M	-190.00M	-236.70M	-54.90M

Metropole Television Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 12.12
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:MMT, the sentiment is Neutral. The current price of 12.12 is above the 20-day moving average (MA) of 12.12, below the 50-day MA of 12.53, and below the 200-day MA of 12.51, indicating a neutral trend. The MACD of -0.14 indicates Negative momentum. The RSI at 45.57 is Neutral, neither overbought nor oversold. The STOCH value of 57.90 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FR:MMT.

Metropole Television Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NRG	75 Outperform	€625.16M	23.65	4.56%	3.57%	-9.30%	-47.10%
MMT	69 Neutral	€1.49B	10.10	11.94%	10.36%	-4.71%	-31.54%
TFI	68 Neutral	€1.65B	8.76	9.15%	7.48%	1.00%	-7.89%
VIV	65 Neutral	€2.97B	7.84	―	1.33%	―	―
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
GAM	51 Neutral	€274.14M	―	-6.82%	―	-31.54%	-53.98%
ALCHI	39 Underperform	€269.69K	―	―	―	-28.86%	2.97%