Television Francaise 1 SA TF1 (TFI) AI Stock Analysis

• Market Cap: €1.77B
• Dividend Yield: 7.14%
• Average Volume (3M): 160.26K
• Price to Earnings (P/E): 9.4
• Beta (1Y): 0.86
• Revenue Growth: -0.32%
• EPS Growth: 0.64%
• Country: FR
• Employees: 3,165
• Sector: Services
• Sector Strength: N/A
• Industry: Broadcasting
• EPS (TTM): 0.30
• Shares Outstanding: 211,160,750
• 10 Day Avg. Volume: 241,351
• 30 Day Avg. Volume: 160,257
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: €10.67
• Price Target Upside: 26.27% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 75 Outperform
• Price Target: €9.50 ▲(12.43%Upside)

Television Francaise 1 SA TF1 holds a solid financial foundation with strong profitability and low leverage, supporting its overall stability. Valuation metrics suggest the stock is attractively priced, further enhancing its appeal. However, mixed technical signals indicate uncertainty in market momentum, requiring cautious optimism.

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 makes money through several key revenue streams. The primary source is advertising revenue, as the company sells advertising slots during its television broadcasts, leveraging its large viewership to attract advertisers. Additionally, TF1 generates income through content production and distribution, where it produces TV shows and sells them to other broadcasters and platforms. The company also earns from its digital services, including subscription-based models and online advertising on its digital platforms. Strategic partnerships and collaborations with other media companies and content creators further enhance its revenue-generating capabilities. These factors, combined with a strong brand presence, contribute to TF1's earnings.

Television Francaise 1 SA TF1 Financial Statement Overview

Summary

Television Francaise 1 SA TF1 exhibits stable financial performance with consistent revenue growth and solid profitability margins. The balance sheet is strong, characterized by low leverage and a healthy cash position. Despite a slight decline in gross profit and free cash flow, the overall financial health remains robust.

Income Statement

The Income Statement reflects stable revenue levels, with a notable revenue growth rate of 2.98% in the TTM (Trailing-Twelve-Months). The Gross Profit Margin is healthy at 51.11%, with a stable Net Profit Margin of 8.06%. EBIT and EBITDA margins are strong at 12.19% and 30.98%, respectively, indicating efficient cost management and operational efficiency. However, the decline in gross profit compared to the previous year suggests a potential challenge in maintaining profit levels.

Balance Sheet

The Balance Sheet is solid with a Debt-to-Equity Ratio of 0.13, indicating low leverage and financial stability. The Equity Ratio is robust at 51.79%, reflecting a strong equity base. Return on Equity is reasonably favorable at 9.27%, showcasing the company's ability to generate returns from its equity. The company maintains a healthy cash position, further strengthening its financial resilience.

Cash Flow

The Cash Flow statement shows a slight decrease in Free Cash Flow, with a growth rate of -2.09% in the TTM. The Operating Cash Flow to Net Income Ratio is strong at 2.48, indicating efficient cash generation relative to net income. The Free Cash Flow to Net Income Ratio is at 0.79, demonstrating adequate conversion of income to cash flow. Despite the drop in free cash flow, the overall cash flow position remains healthy.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.36B	2.30B	2.51B	2.43B	2.08B
Gross Profit	1.49B	974.50M	1.78B	1.71B	1.39B
EBITDA	716.40M	640.30M	763.10M	726.00M	392.80M
Net Income	205.50M	191.90M	176.10M	225.30M	55.30M
Balance Sheet
Total Assets	3.88B	3.66B	3.64B	3.72B	3.36B
Cash, Cash Equivalents and Short-Term Investments	709.00M	669.00M	484.50M	384.00M	178.60M
Total Debt	271.00M	143.90M	183.50M	249.20M	271.70M
Total Liabilities	1.78B	1.71B	1.78B	1.95B	1.77B
Stockholders Equity	2.04B	1.95B	1.86B	1.77B	1.60B
Cash Flow
Free Cash Flow	153.70M	327.20M	150.70M	310.40M	195.80M
Operating Cash Flow	475.00M	626.60M	463.30M	642.50M	480.40M
Investing Cash Flow	-372.30M	-321.90M	-205.10M	-308.70M	-319.20M
Financing Cash Flow	-63.20M	-121.30M	-154.70M	-129.40M	-88.50M

Television Francaise 1 SA TF1 Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.45
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• 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 Positive. The current price of 8.45 is below the 20-day moving average (MA) of 8.50, below the 50-day MA of 8.53, and above the 200-day MA of 7.70, indicating a neutral trend. The MACD of -0.06 indicates Positive momentum. The RSI at 47.45 is Neutral, neither overbought nor oversold. The STOCH value of 59.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
TFI	75 Outperform	€1.77B	9.44	9.58%	7.14%	-0.32%	0.64%
Sector *	59 Neutral	€5.42B	37.47	37.30%	5.40%	6.88%	-32.24%
0KA3	―	€1.68B	9.30	12.70%	4.42%	―	―
0MGL	―	€1.61B	10.94	11.94%	9.72%	―	―
0IXL	―	€557.07M	13.43	5.90%	3.85%	―	―
0IIF	―	€3.19B	8.36	2.26%	1.16%	―	―
SES	―	€2.54B	244.90	-2.14%	8.11%	―	―

Television Francaise 1 SA TF1 Corporate Events

TF1 Files 2024 Universal Registration Document with AMF

TF1 has filed its 2024 Universal Registration Document with the Autorité des Marchés Financiers, making it available in HTML format. This document, which includes financial reports, corporate governance details, and information on the share buyback programme, is accessible on both the TF1 and AMF websites, highlighting the company’s commitment to transparency and regulatory compliance.