Canal+ (CAN) AI Stock Analysis

• Market Cap: £2.38B
• Dividend Yield: 0.71%
• Average Volume (3M): 931.63K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.43
• Revenue Growth: 0.88%
• EPS Growth: -133.77%
• Country: UK
• Employees: 8,834
• Sector: Services
• Sector Strength: N/A
• Industry: Broadcasting
• EPS (TTM): N/A
• Shares Outstanding: 991,959,500
• 10 Day Avg. Volume: 927,185
• 30 Day Avg. Volume: 931,630
• 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: £281.20
• Price Target Upside: 17.36% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 5

• Rating: 65 Neutral
• Price Target: 256.00p ▲(6.84% Upside)

Canal+ benefits from strong technical momentum and positive corporate events, but faces challenges with profitability and valuation. The insider buying and strategic initiatives provide a positive outlook, though financial performance needs improvement.

Canal+ Business Overview & Revenue Model

Company Description

Canal+ SA provides television services, broadcasting and distribution. It operates through the following segments: Europe, Africa and Asia, and Content Production, Distribution and Other. The Europe segment consists of subscription-TV and advertising-supported FTA TV businesses across France, the French Overseas and adjacent territories. The Africa and Asia segment focuses on subscription-TV and advertising-supported FTA TV businesses, telecommunication services, and performance venues across Sub-Saharan Africa, Vietnam, and Myanmar. The Content Production, Distribution and Other segment includes content production and distribution, video streaming, and performance venues. The company was founded on February 5, 2018 and is headquartered in Paris, France.

How the Company Makes Money

Canal+ generates revenue primarily through subscription fees from its pay-TV services, which include a wide array of premium channels and on-demand content. A significant portion of its income is derived from subscription packages offered to both individual consumers and businesses. Additionally, Canal+ earns money through advertising revenues on its free-to-air and pay-TV channels. The company also monetizes its original content by licensing it to other broadcasters and streaming platforms. Strategic partnerships and agreements with telecom operators and other content distributors further enhance its revenue by expanding its market reach and subscriber base. Furthermore, Canal+ invests in film production and distribution, creating additional revenue streams through box office sales and distribution rights.

Canal+ Financial Statement Overview

Summary

Canal+ demonstrates solid revenue growth but faces challenges with declining profitability and cash flow issues. The reduction in leverage is a positive, but the net losses and negative return on equity are significant concerns.

Income Statement

Canal+ has shown consistent revenue growth with a 3.63% increase in 2024. However, profitability remains a concern with declining EBIT and EBITDA margins, and the company reported a net loss in the last two years. The gross profit margin is relatively stable at around 40%. Despite revenue growth, the declining profitability metrics hint at potential operational inefficiencies.

Balance Sheet

The company has improved its equity position, with the debt-to-equity ratio significantly decreasing to 0.20 in 2024. However, the return on equity is negative due to net losses, which is a major downside. The equity ratio is also relatively low, indicating a moderate reliance on liabilities.

Cash Flow

Operating cash flow remains strong with a satisfactory operating cash flow to net income ratio, although the free cash flow has decreased. The company displays a positive free cash flow, but the growth rate has been negative. Canal+ needs to focus on improving its free cash flow generation to better support its financial health.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.45B	6.22B	6.01B	5.87B
Gross Profit	2.55B	2.50B	2.46B	2.44B
EBITDA	485.00M	661.00M	716.00M	697.00M
Net Income	-147.00M	-61.00M	141.00M	119.00M
Balance Sheet
Total Assets	9.37B	8.91B	8.29B	7.68B
Cash, Cash Equivalents and Short-Term Investments	378.00M	291.15M	250.20M	212.00M
Total Debt	951.00M	4.45B	3.89B	3.21B
Total Liabilities	4.32B	7.77B	7.42B	6.71B
Stockholders Equity	4.79B	894.00M	970.00M	767.00M
Cash Flow
Free Cash Flow	131.00M	199.00M	69.00M	284.00M
Operating Cash Flow	413.00M	500.00M	405.00M	654.00M
Investing Cash Flow	-871.00M	-743.00M	-819.00M	-539.00M
Financing Cash Flow	495.00M	299.00M	505.00M	-75.00M

Canal+ Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	66 Neutral	€7.28B	13.18	35.20%	3.67%	2.26%	-121.00%
CAN	65 Neutral	£2.38B	―	-5.19%	0.71%	0.88%	-133.77%
RVRG	―	£52.00M	―	-2.45%	―	―	―
RVRB	―	£52.00M	―	-2.45%	―	―	―

Canal+ Corporate Events

Canal+ Board Member Acquires Shares, Signaling Confidence in Future

Canal+ SA announced that Emmanuelle Malecaze-Doublet, a member of its Supervisory Board, acquired 5,000 ordinary shares of the company on August 5, 2025. This transaction, conducted on the London Stock Exchange, reflects a significant insider investment, potentially indicating confidence in the company’s future performance and market position.

The most recent analyst rating on (GB:CAN) stock is a Buy with a £3.55 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.

Canal+ Board Member Acquires 5,000 Shares

Martine Studer, a member of the Supervisory Board at Canal+ S.A, has acquired 5,000 ordinary shares of the company, as disclosed in a recent notification. This transaction, conducted on the London Stock Exchange, reflects an investment in the company’s shares, potentially indicating confidence in Canal+’s future performance and strategic direction.

The most recent analyst rating on (GB:CAN) stock is a Buy with a £3.55 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.

Canal+ Board Member Acquires Significant Shareholding

Ségolène Gallienne-Frère, a member of the Supervisory Board of Canal+ S.A., has acquired 5,000 ordinary shares of the company. This transaction, conducted on the London Stock Exchange, reflects a significant investment by a key company insider, potentially signaling confidence in the company’s future performance and stability.

The most recent analyst rating on (GB:CAN) stock is a Buy with a £3.55 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.

Canal+ Board Member Acquires Significant Shares

Anna Marsh, a member of the Management Board at Canal+ S.A., has acquired 15,000 ordinary shares of the company, valued at GBP 37,200, on the London Stock Exchange. This transaction highlights the confidence of the company’s leadership in its future prospects and may influence investor sentiment positively.

The most recent analyst rating on (GB:CAN) stock is a Buy with a £3.55 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.

Canal+ Board Member Acquires Shares, Signaling Confidence

Canal+ S.A. announced that Christel Heydemann, a member of its Supervisory Board, has acquired 5,000 ordinary shares of the company. This transaction, conducted on the London Stock Exchange, reflects an investment of GBP 12,438.00, potentially signaling confidence in the company’s future prospects and stability.

The most recent analyst rating on (GB:CAN) stock is a Buy with a £3.55 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.

Canal+ Supervisory Board Member Acquires Shares, Signaling Confidence

Canal+ S.A. announced that Maud Bailly, a member of its Supervisory Board, has acquired 5,000 ordinary shares of the company. This transaction, conducted on the London Stock Exchange, highlights the confidence of the board members in the company’s future prospects and may positively influence investor sentiment.

The most recent analyst rating on (GB:CAN) stock is a Buy with a £3.00 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.

CANAL+ Secures €285 Million in Oversubscribed Schuldschein Loan

CANAL+ has successfully issued its first Schuldschein loan, raising €285 million, marking its inaugural debt facility since its listing on the London Stock Exchange in December 2024. The issuance was highly oversubscribed, reflecting strong investor confidence in CANAL+’s financial profile and strategic direction. The funds will be used for general corporate purposes, including refinancing existing debt, and the attractive pricing of the loan is expected to improve the company’s overall cost of funds.

The most recent analyst rating on (GB:CAN) stock is a Buy with a £3.55 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.

Canal+ Reports Strong H1 2025 Results Amid Strategic Expansion

Canal+ reported its half-year interim results for 2025, showing a slight organic revenue increase of 0.9% despite a reported decline due to contract terminations. The company is on track with its strategic ambitions, including the acquisition of MultiChoice Group, which has cleared regulatory hurdles. Canal+ has strengthened its content value proposition and distribution capabilities, launched a successful cash optimization plan, and issued an oversubscribed Schuldschein loan. These developments position Canal+ for continued growth and profitability, with expectations of significant EBITA improvement in the second half of the year.

The most recent analyst rating on (GB:CAN) stock is a Buy with a £3.55 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.

Canal+ Gains Approval for MultiChoice Takeover, Strengthening African Market Presence

Canal+ S.A. has received approval from the South African Competition Tribunal for its mandatory takeover offer of MultiChoice Group. This acquisition aims to enhance the scale and market reach of both companies, particularly in Africa, and includes commitments to support local content creators and historically disadvantaged persons. The transaction is expected to benefit stakeholders by creating a stronger media entity with increased exposure to high-growth markets.

The most recent analyst rating on (GB:CAN) stock is a Buy with a £3.55 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.

CANAL+ Announces GBP £18.7 Million Share Buyback Program

CANAL+ SA, a global media and entertainment company, has announced the initiation of a share buyback program valued at up to GBP £18.7 million. The program, approved at the company’s recent AGM, aims to satisfy share awards to employees and corporate officers under its share-based incentive plans. This strategic move is expected to enhance shareholder value and align employee interests with company performance, potentially impacting the company’s market positioning positively.

The most recent analyst rating on (GB:CAN) stock is a Buy with a £3.55 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.

CANAL+ SA Successfully Passes Key Resolutions at Shareholders’ Meeting

CANAL+ SA, a global media and entertainment company, announced the successful passing of several resolutions at its Combined Shareholders’ General Meeting held on June 6, 2025. The resolutions included approval of financial statements, allocation of profits, and authorization for management to award shares and repurchase company shares. These decisions reflect the company’s strategic focus on enhancing shareholder value and operational flexibility, potentially impacting its market positioning and stakeholder interests positively.

The most recent analyst rating on (GB:CAN) stock is a Buy with a £3.55 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.

CANAL+ Confirms Strong 2025 Outlook and Cash Position

CANAL+ has confirmed its 2025 revenue and EBITA outlook, reporting a higher than expected cash level ahead of its planned acquisition of MultiChoice Group. The company is on track for organic growth despite the termination of some contracts and has begun optimizing processes to enhance operational leverage and cash generation. An agreement with CNC resolves past tax disputes, removing fiscal uncertainties. The company anticipates its 2025 CFFO to exceed €500 million, with positive cash effects expected to increase in 2026. CANAL+ is committed to sustainable shareholder returns through disciplined growth and cash generation strategies.

The most recent analyst rating on (GB:CAN) stock is a Hold with a £1.95 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.

CANAL+ Announces Shareholders’ General Meeting Details

CANAL+ has announced the publication of a Convening Brochure for its Combined Shareholders’ General Meeting scheduled for 6 June 2025 in Paris. This meeting is significant for stakeholders as it aligns with UK Listing Rules and has been submitted to the Financial Conduct Authority’s National Storage Mechanism. The documents are accessible on the company’s website and the FCA’s platform, ensuring transparency and regulatory compliance.

The most recent analyst rating on (GB:CAN) stock is a Buy with a £3.55 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.

Canal+ Moves Closer to Acquiring MultiChoice with Regulatory Nod

Canal+ S.A. has announced a significant development in its proposed acquisition of MultiChoice Group Limited, as the South African Competition Commission has recommended the approval of the transaction, subject to certain public interest conditions. This recommendation marks a crucial step towards Canal+’s goal of expanding its media footprint in Africa, with commitments to support local content and historically disadvantaged groups, potentially enhancing its industry positioning and offering greater choice to consumers.

The most recent analyst rating on (GB:CAN) stock is a Buy with a £3.55 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.

Morgan Stanley Reduces Stake in Canal+, Triggers Trading Book Exemption

Canal+ has announced a significant change in its shareholder structure as Morgan Stanley’s holding in the company has fallen below the 5% threshold, prompting the application of a trading book exemption. This adjustment in holdings, effective as of May 12, 2025, reflects a strategic shift in Morgan Stanley’s investment approach, potentially impacting Canal+’s market dynamics and shareholder composition.

The most recent analyst rating on (GB:CAN) stock is a Buy with a £3.55 price target. To see the full list of analyst forecasts on Canal+ stock, see the GB:CAN Stock Forecast page.

Canal+ Board Member Acquires Significant Shareholding

Canal+ S.A announced that Robert Bakish, a member of its Supervisory Board, has acquired 40,000 ordinary shares of the company. This transaction, conducted on the London Stock Exchange, signifies a notable investment in the company by a key board member, potentially reflecting confidence in Canal+’s future prospects and stability.