Metropole Television (MMT) AI Stock Analysis

• Market Cap: €1.54B
• Dividend Yield: 10.16%
• Average Volume (3M): 133.25K
• Price to Earnings (P/E): 8.9
• Beta (1Y): 0.74
• Revenue Growth: -0.33%
• EPS Growth: -26.15%
• Country: FR
• Employees: 1,162
• Sector: Communication Services
• Sector Strength: 86
• Industry: Broadcasting
• EPS (TTM): N/A
• Shares Outstanding: 126,414,246
• 10 Day Avg. Volume: 90,711
• 30 Day Avg. Volume: 133,245
• PEG Ratio: -0.45
• Price to Book (P/B): 1.17
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 8.16
• 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: €12.50
• Price Target Upside: 1.79% Upside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 2

• Rating: 69 Neutral
• Price Target: €13.50 ▲(9.93%Upside)

The overall score reflects a balance between strong financial stability and attractive valuation, tempered by challenges in profitability and neutral technical indicators. The company's low leverage and high dividend yield are significant positives, while declining profit margins and cash flow generation present potential risks.

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

MMT generates revenue through a multifaceted business model primarily centered around advertising sales, subscription services, and content licensing. Advertising is the largest revenue stream, with the company leveraging its wide viewership to attract advertisers seeking targeted marketing opportunities. Subscription services from premium channels and on-demand content offerings provide a steady income stream. Additionally, MMT licenses its content to other platforms and networks, further enhancing its revenue base. Strategic partnerships with digital platforms and content creators also contribute to its earnings by expanding its distribution channels and audience reach.

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
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
1.31B	1.32B	1.36B	1.39B	1.27B
	Gross Profit
602.10M	431.30M	459.00M	441.30M	396.10M
	EBIT
232.50M	305.50M	316.70M	334.30M	261.60M
	EBITDA
333.00M	436.40M	400.90M	359.10M	468.70M
	Net Income Common Stockholders
172.80M	234.10M	161.50M	280.90M	276.70M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
332.40M	444.90M	375.30M	352.90M	197.00M
	Total Assets
2.06B	2.05B	2.02B	2.12B	1.86B
	Total Debt
104.00M	138.80M	145.50M	160.60M	161.80M
	Net Debt
-228.00M	-305.10M	-229.30M	-188.40M	-35.20M
	Total Liabilities
706.30M	709.50M	783.00M	918.20M	793.50M
	Stockholders Equity
1.32B	1.31B	1.20B	1.16B	1.06B
Cash Flow		Free Cash Flow
187.40M	222.40M	221.30M	358.40M	172.50M
	Operating Cash Flow
199.00M	306.70M	297.50M	460.00M	249.00M
	Investing Cash Flow
-81.40M	-64.30M	-81.90M	-71.50M	-42.50M
	Financing Cash Flow
-229.40M	-172.70M	-190.00M	-236.70M	-54.90M

Metropole Television Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 12.28
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 12.28 is below the 20-day moving average (MA) of 12.72, below the 50-day MA of 12.53, and above the 200-day MA of 11.35, indicating a neutral trend. The MACD of -0.05 indicates Positive momentum. The RSI at 40.82 is Neutral, neither overbought nor oversold. The STOCH value of 13.19 is Positive, 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	79 Outperform	€580.28M	13.83	5.90%	4.56%	1.14%	-7.09%
TFI	77 Outperform	€1.79B	9.39	9.43%	7.05%	1.53%	-1.60%
MMT	69 Neutral	€1.54B	8.88	13.16%	10.16%	-0.33%	-26.15%
VIV	67 Neutral	€2.85B	7.57	2.26%	1.39%	57.79%	―
Sector *	61 Neutral	$14.60B	5.88	-4.32%	3.68%	2.75%	-30.55%
GAM	54 Neutral	€255.45M	―	-4.06%	―	-12.85%	-108.37%
ALCHI	41 Neutral	€734.90K	―		―	-28.86%	2.97%