Television Francaise 1 SA TF1 (TFI) AI Stock Analysis

• Market Cap: €1.65B
• Dividend Yield: 7.48%
• Average Volume (3M): 158.44K
• Price to Earnings (P/E): 8.8
• Beta (1Y): 0.85
• Revenue Growth: 1.00%
• EPS Growth: -7.89%
• Country: FR
• Employees: 3,165
• Sector: Services
• Sector Strength: N/A
• Industry: Broadcasting
• EPS (TTM): 0.21
• Shares Outstanding: 211,255,300
• 10 Day Avg. Volume: 140,132
• 30 Day Avg. Volume: 158,435
• PEG Ratio: 1.14
• Price to Book (P/B): 0.76
• Price to Sales (P/S): 0.66
• P/FCF Ratio: 10.05
• 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: €10.57
• Price Target Upside: 30.98% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: €9.00 ▲(11.52% Upside)

TF1's overall stock score is driven primarily by its strong valuation, with a low P/E ratio and high dividend yield making it attractive for value and income investors. Financial performance is stable, with strong profitability and a conservative balance sheet, though revenue growth decline is a concern. Technical analysis presents mixed signals, with the stock showing potential bearish momentum.

Television Francaise 1 SA TF1 Business Overview & Revenue Model

Company Description

Télévision Française 1 Société anonyme engages in the broadcasting, studios and entertainment, and digital businesses in France and internationally. The company offers DTT channels, including TMC, TFX, and TF1 Séries Films; Theme channels, such as TV Breizh, Ushuaïa TV, and Histoire TV; e-TF1; websites; and advertising services, as well as TF1, which covers sports, French drama, news, entertainment, sports, and movies. It also operates studios, including Newen Studios; TF1 Studio; and entertainment channel comprising TF1 Entertainment. In addition, the company operates Unify, a digital channel. Further, it offers digital market consulting, digital content management, theme channel. content/broadcasting internet and TV services, and TV news images agency services. Télévision Française 1 Société anonyme was incorporated in 1982 and is based in Boulogne, France.

How the Company Makes Money

TF1 generates revenue through multiple streams, primarily from advertising sales, which constitute a significant portion of its income. The company sells advertising slots during its programming, capitalizing on its large audience reach. Additionally, TF1 earns revenue from subscription services, particularly through its pay TV offerings and digital platforms. Another revenue source comes from content production and distribution, where TF1 creates and sells original programming and formats to other broadcasters and platforms. Strategic partnerships with various brands and advertisers also contribute to its earnings, as well as licensing agreements for its content.

Television Francaise 1 SA TF1 Financial Statement Overview

Summary

TF1 demonstrates a stable financial position with strong profitability margins and a conservative balance sheet. While the decline in revenue growth is a concern, the company maintains operational efficiency and a robust capital structure. Cash flow generation is improving, but there is potential for better conversion of earnings into free cash flow.

Income Statement

Television Francaise 1 SA TF1 shows a mixed performance in its income statement. The TTM (Trailing-Twelve-Months) data indicates a decline in revenue growth rate by 40.2%, which is concerning. However, the company maintains a healthy gross profit margin of 63.17% and an EBIT margin of 12.15%, reflecting strong operational efficiency. The net profit margin has slightly decreased to 7.97%, indicating some pressure on profitability.

Balance Sheet

The balance sheet of TF1 is relatively strong with a low debt-to-equity ratio of 0.12, suggesting prudent financial leverage. The return on equity stands at 9.33%, which is decent but shows a slight decline from previous periods. The equity ratio is stable, indicating a solid capital structure.

Cash Flow

TF1's cash flow statement reveals a positive trajectory in free cash flow growth at 27.51% in the TTM period, which is a positive sign. The operating cash flow to net income ratio is 0.31, indicating adequate cash generation relative to net income. However, the free cash flow to net income ratio of 0.37 suggests room for improvement in converting profits into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.36B	2.36B	2.30B	2.51B	2.43B	2.08B
Gross Profit	1.49B	1.49B	974.50M	1.78B	1.71B	1.39B
EBITDA	742.40M	716.40M	640.30M	770.00M	726.00M	392.80M
Net Income	187.80M	205.50M	191.90M	176.10M	225.30M	55.30M
Balance Sheet
Total Assets	3.84B	3.88B	3.66B	3.64B	3.72B	3.36B
Cash, Cash Equivalents and Short-Term Investments	651.10M	709.00M	669.00M	484.50M	384.00M	178.60M
Total Debt	237.80M	271.00M	143.90M	183.50M	249.20M	271.70M
Total Liabilities	1.80B	1.78B	1.71B	1.78B	1.95B	1.77B
Stockholders Equity	1.98B	2.04B	1.95B	1.86B	1.77B	1.60B
Cash Flow
Free Cash Flow	191.90M	153.70M	327.20M	150.70M	310.40M	195.80M
Operating Cash Flow	518.10M	475.00M	626.60M	463.30M	642.50M	480.40M
Investing Cash Flow	-376.30M	-372.30M	-321.90M	-205.10M	-308.70M	-319.20M
Financing Cash Flow	-82.50M	-63.20M	-121.30M	-154.70M	-129.40M	-88.50M

Television Francaise 1 SA TF1 Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 8.07
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:TFI, the sentiment is Negative. The current price of 8.07 is below the 20-day moving average (MA) of 8.19, below the 50-day MA of 8.44, and below the 200-day MA of 8.29, indicating a bearish trend. The MACD of -0.14 indicates Positive momentum. The RSI at 43.32 is Neutral, neither overbought nor oversold. The STOCH value of 42.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:TFI.

Television Francaise 1 SA TF1 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%	10.33%	-4.71%	-31.54%
TFI	68 Neutral	€1.65B	8.76	9.15%	7.48%	1.00%	-7.89%
IPS	66 Neutral	€1.39B	7.73	12.70%	5.67%	0.66%	-0.38%
VIV	65 Neutral	€2.97B	7.84	―	1.33%	―	―
SESG	56 Neutral	€2.73B	-49.66	-2.14%	9.99%	-0.99%	93.75%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%