LAGARDERE SA (MMB.PA) Stock Fundamental Analysis
EPA:MMB - Euronext Paris - Matif - FR0000130213 - Common Stock - Currency: EUR
Overall MMB gets a fundamental rating of 4 out of 10. We evaluated MMB against 61 industry peers in the Media industry. MMB has a medium profitability rating, but doesn't score so well on its financial health evaluation. MMB is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year MMB was profitable.
MMB had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: MMB reported negative net income in multiple years.
In the past 5 years MMB always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of MMB (1.76%) is comparable to the rest of the industry.
The Return On Equity of MMB (17.20%) is better than 80.33% of its industry peers.
MMB's Return On Invested Capital of 6.38% is in line compared to the rest of the industry. MMB outperforms 59.02% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MMB is below the industry average of 8.60%.
The last Return On Invested Capital (6.38%) for MMB is above the 3 year average (5.78%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.76% | ||
| ROE | 17.2% | ||
| ROIC | 6.38% |
ROA(3y)1.7%
ROA(5y)-0.76%
ROE(3y)17.44%
ROE(5y)-10.22%
ROIC(3y)5.78%
ROIC(5y)N/A
1.3 Margins
With a Profit Margin value of 1.88%, MMB perfoms like the industry average, outperforming 44.26% of the companies in the same industry.
The Operating Margin of MMB (6.32%) is comparable to the rest of the industry.
In the last couple of years the Operating Margin of MMB has grown nicely.
MMB has a Gross Margin of 62.17%. This is in the better half of the industry: MMB outperforms 62.30% of its industry peers.
In the last couple of years the Gross Margin of MMB has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.32% | ||
| PM (TTM) | 1.88% | ||
| GM | 62.17% |
OM growth 3YN/A
OM growth 5Y5.66%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.15%
GM growth 5Y-0.28%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), MMB is creating some value.
The number of shares outstanding for MMB remains at a similar level compared to 1 year ago.
The number of shares outstanding for MMB has been increased compared to 5 years ago.
The debt/assets ratio for MMB has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.25, we must say that MMB is in the distress zone and has some risk of bankruptcy.
MMB's Altman-Z score of 1.25 is on the low side compared to the rest of the industry. MMB is outperformed by 60.66% of its industry peers.
The Debt to FCF ratio of MMB is 4.91, which is a neutral value as it means it would take MMB, 4.91 years of fcf income to pay off all of its debts.
MMB's Debt to FCF ratio of 4.91 is fine compared to the rest of the industry. MMB outperforms 63.93% of its industry peers.
A Debt/Equity ratio of 4.19 is on the high side and indicates that MMB has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 4.19, MMB is doing worse than 85.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.19 | ||
| Debt/FCF | 4.91 | ||
| Altman-Z | 1.25 |
ROIC/WACC1.2
WACC5.33%
2.3 Liquidity
MMB has a Current Ratio of 0.77. This is a bad value and indicates that MMB is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.77, MMB is doing worse than 70.49% of the companies in the same industry.
MMB has a Quick Ratio of 0.77. This is a bad value and indicates that MMB is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.55, MMB is not doing good in the industry: 81.97% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
MMB shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.68%, which is quite good.
The Revenue has grown by 10.26% in the past year. This is quite good.
Measured over the past years, MMB shows a small growth in Revenue. The Revenue has been growing by 4.16% on average per year.
EPS 1Y (TTM)14.68%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%87.72%
Revenue 1Y (TTM)10.26%
Revenue growth 3Y20.03%
Revenue growth 5Y4.16%
Sales Q2Q%8.42%
3.2 Future
Based on estimates for the next years, MMB will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.89% on average per year.
The Revenue is expected to grow by 5.23% on average over the next years.
EPS Next Y20.78%
EPS Next 2Y14.53%
EPS Next 3Y15.89%
EPS Next 5YN/A
Revenue Next Year5.62%
Revenue Next 2Y4.86%
Revenue Next 3Y5.23%
Revenue Next 5YN/A
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 16.89, which indicates a correct valuation of MMB.
MMB's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of MMB to the average of the S&P500 Index (24.29), we can say MMB is valued slightly cheaper.
With a Price/Forward Earnings ratio of 9.80, the valuation of MMB can be described as very reasonable.
Based on the Price/Forward Earnings ratio, MMB is valued a bit cheaper than 67.21% of the companies in the same industry.
MMB is valuated cheaply when we compare the Price/Forward Earnings ratio to 20.42, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.89 | ||
| Fwd PE | 9.8 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MMB indicates a somewhat cheap valuation: MMB is cheaper than 63.93% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, MMB is valued cheaply inside the industry as 95.08% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.77 | ||
| EV/EBITDA | 5.27 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
MMB's earnings are expected to grow with 15.89% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.81
PEG (5Y)N/A
EPS Next 2Y14.53%
EPS Next 3Y15.89%
5. Dividend
5.1 Amount
MMB has a Yearly Dividend Yield of 3.52%.
MMB's Dividend Yield is a higher than the industry average which is at 4.55.
MMB's Dividend Yield is a higher than the S&P500 average which is at 2.43.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.52% |
5.2 History
The dividend of MMB decreases each year by -13.26%.
Dividend Growth(5Y)-13.26%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
54.76% of the earnings are spent on dividend by MMB. This is a bit on the high side, but may be sustainable.
DP54.76%
EPS Next 2Y14.53%
EPS Next 3Y15.89%
EPA:MMB (5/6/2025, 7:00:00 PM)
19.42
+0.22 (+1.15%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners12.96%
Inst Owner ChangeN/A
Ins Owners0.09%
Ins Owner ChangeN/A
Market Cap2.75B
Analysts75
Price Target29.16 (50.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.52% |
Yearly Dividend0.65
Dividend Growth(5Y)-13.26%
DP54.76%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.23%
PT rev (3m)8.68%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)2.67%
EPS NY rev (3m)-6.7%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.11%
Revenue NY rev (3m)2.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.89 | ||
| Fwd PE | 9.8 | ||
| P/S | 0.31 | ||
| P/FCF | 2.77 | ||
| P/OCF | 2.14 | ||
| P/B | 2.82 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.27 |
EPS(TTM)1.15
EY5.92%
EPS(NY)1.98
Fwd EY10.21%
FCF(TTM)7.02
FCFY36.17%
OCF(TTM)9.09
OCFY46.82%
SpS63.12
BVpS6.9
TBVpS-12.49
PEG (NY)0.81
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.76% | ||
| ROE | 17.2% | ||
| ROCE | 10.14% | ||
| ROIC | 6.38% | ||
| ROICexc | 6.84% | ||
| ROICexgc | 14.03% | ||
| OM | 6.32% | ||
| PM (TTM) | 1.88% | ||
| GM | 62.17% | ||
| FCFM | 11.13% |
ROA(3y)1.7%
ROA(5y)-0.76%
ROE(3y)17.44%
ROE(5y)-10.22%
ROIC(3y)5.78%
ROIC(5y)N/A
ROICexc(3y)6.47%
ROICexc(5y)N/A
ROICexgc(3y)17.81%
ROICexgc(5y)N/A
ROCE(3y)9.68%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y21.33%
ROICexc growth 3YN/A
ROICexc growth 5Y15.94%
OM growth 3YN/A
OM growth 5Y5.66%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-2.15%
GM growth 5Y-0.28%
F-Score7
Asset Turnover0.94
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.19 | ||
| Debt/FCF | 4.91 | ||
| Debt/EBITDA | 3.07 | ||
| Cap/Depr | 38.1% | ||
| Cap/Sales | 3.28% | ||
| Interest Coverage | 1.97 | ||
| Cash Conversion | 96.55% | ||
| Profit Quality | 592.26% | ||
| Current Ratio | 0.77 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | 1.25 |
F-Score7
WACC5.33%
ROIC/WACC1.2
Cap/Depr(3y)35.93%
Cap/Depr(5y)30.13%
Cap/Sales(3y)3.05%
Cap/Sales(5y)3.12%
Profit Quality(3y)474.56%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)14.68%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%87.72%
EPS Next Y20.78%
EPS Next 2Y14.53%
EPS Next 3Y15.89%
EPS Next 5YN/A
Revenue 1Y (TTM)10.26%
Revenue growth 3Y20.03%
Revenue growth 5Y4.16%
Sales Q2Q%8.42%
Revenue Next Year5.62%
Revenue Next 2Y4.86%
Revenue Next 3Y5.23%
Revenue Next 5YN/A
EBIT growth 1Y20.73%
EBIT growth 3YN/A
EBIT growth 5Y10.05%
EBIT Next Year54.74%
EBIT Next 3Y22.08%
EBIT Next 5YN/A
FCF growth 1Y40.54%
FCF growth 3Y14.09%
FCF growth 5Y5.23%
OCF growth 1Y31.83%
OCF growth 3Y16.91%
OCF growth 5Y5.49%