MFE-MediaForEurope NV Class B (IT:MFEB)
:MFEB
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MFE-MediaForEurope NV Class B
(MFEB)
Select Model
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Rating:65Neutral
Price Target:
€4.00
▲(2.56% Upside)
Action:ReiteratedDate:04/25/26
The score is led by attractive valuation (low P/E and high dividend yield) and strong 2025 cash generation. These positives are balanced by elevated financial risk from the sharp increase in leverage and less consistent profitability due to significant 2025 margin compression, while technicals show only moderate improvement with the longer-term trend still below key moving averages.
Positive Factors
Strong cash generation and conversion
High operating and free cash flow—FCF roughly 90–95% of net income in recent years—demonstrates reliable cash conversion. That durable cash generation supports content investment, dividend funding, and debt servicing, providing flexibility to withstand cyclical ad demand.
Negative Factors
Material increase in leverage
A step-up to D/E ~1.0 materially raises financial risk compared with prior years. Higher leverage reduces strategic flexibility, increases refinancing and interest-rate exposure, and amplifies earnings volatility in an ad-driven business where revenue can be cyclical.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong cash generation and conversion
High operating and free cash flow—FCF roughly 90–95% of net income in recent years—demonstrates reliable cash conversion. That durable cash generation supports content investment, dividend funding, and debt servicing, providing flexibility to withstand cyclical ad demand.
Read all positive factors
MFE-MediaForEurope NV Class B (MFEB) vs. iShares MSCI Italy ETF (EWI)
Market Cap
€2.08B
Dividend Yield6.78%
Average Volume (3M)629.10K
Price to Earnings (P/E)5.3
Beta (1Y)0.70
Revenue Growth37.04%
EPS Growth170.56%
CountryIT
Employees5,194
SectorGeneral
Sector StrengthN/A
IndustryBroadcasting
Share Statistics
EPS (TTM)0.42
Shares Outstanding236,245,510
10 Day Avg. Volume406,733
30 Day Avg. Volume629,096
Financial Highlights & Ratios
PEG Ratio0.13
Price to Book (P/B)0.83
Price to Sales (P/S)0.72
P/FCF Ratio2.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€5.08Price Target Upside30.13% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.47
Revenue Forecast (FY)€6.55B
MFE-MediaForEurope NV Class B Business Overview & Revenue Model
Company Description
MFE-MediaForEurope N.V. primarily operates in the television industry in Italy and Spain. The company engages in the content production and third-party content acquisition; and content distribution in linear and non-linear, and free-to-air and pay...
How the Company Makes Money
MFE-MediaForEurope primarily makes money by monetizing audience reach across its television and digital video inventory, with advertising as its main revenue driver. (1) Advertising sales: The company sells ad slots on its free-to-air TV channels ...
MFE-MediaForEurope NV Class B Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
45
Neutral
Cash Flow
74
Positive
| Breakdown | Dec 2025 | Dec 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 4.03B | 2.91B | 2.78B | 2.77B | 2.86B |
| Gross Profit | 238.60M | 1.02B | 1.23B | 1.25B | 959.70M |
| EBITDA | 866.90M | 792.20M | 796.10M | 836.20M | 1.04B |
| Net Income | 300.70M | 138.00M | 209.20M | 216.90M | 374.10M |
Balance Sheet | |||||
| Total Assets | 9.51B | 4.79B | 5.01B | 5.36B | 5.65B |
| Cash, Cash Equivalents and Short-Term Investments | 653.40M | 145.80M | 175.30M | 522.50M | 315.60M |
| Total Debt | 3.36B | 863.20M | 1.09B | 1.41B | 1.20B |
| Total Liabilities | 6.05B | 1.92B | 2.13B | 2.47B | 2.42B |
| Stockholders Equity | 3.48B | 2.87B | 2.87B | 2.67B | 2.66B |
Cash Flow | |||||
| Free Cash Flow | 1.00B | 777.70M | 721.90M | 361.40M | 495.00M |
| Operating Cash Flow | 1.09B | 822.70M | 769.00M | 775.00M | 991.50M |
| Investing Cash Flow | -481.40M | -431.40M | -510.50M | -387.90M | -415.40M |
| Financing Cash Flow | -86.90M | -426.20M | -605.70M | -180.20M | -708.40M |
MFE-MediaForEurope NV Class B Technical Analysis
Positive
3.90
Price Trends
3.66
Positive
3.84
Positive
4.01
Negative
Market Momentum
0.06
Negative
68.14
Neutral
86.48
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:MFEB, the sentiment is Positive. The current price of 3.9 is above the 20-day moving average (MA) of 3.46, above the 50-day MA of 3.66, and below the 200-day MA of 4.01, indicating a neutral trend. The MACD of 0.06 indicates Negative momentum. The RSI at 68.14 is Neutral, neither overbought nor oversold. The STOCH value of 86.48 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IT:MFEB.
MFE-MediaForEurope NV Class B Peers Comparison
UnderperformOutperform
Sector (55)
IT:MFEB
MFE-MediaForEurope NV Class B
3.70
-0.29
-7.18%
IT:RCS
RCS MediaGroup S.p.A.
0.97
0.03
3.30%
IT:CED
Caltagirone Editore S.p.A.
2.25
0.52
29.98%
IT:NPI
Notorious Pictures S.p.A.
0.64
-0.09
-12.09%
IT:LFG
Leone Film Group SpA
1.62
0.03
1.89%
IT:LMG
Lucisano Media Group S.p.A.
1.05
0.11
11.70%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.