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M6-METROPOLE TELEVISION (MMT.PA) Stock Fundamental Analysis

EPA:MMT - Euronext Paris - Matif - FR0000053225 - Common Stock - Currency: EUR

13.9  +0.16 (+1.16%)

Fundamental Rating

7

Taking everything into account, MMT scores 7 out of 10 in our fundamental rating. MMT was compared to 65 industry peers in the Media industry. MMT gets an excellent profitability rating and is at the same time showing great financial health properties. MMT has a decent growth rate and is not valued too expensively. MMT also has an excellent dividend rating. These ratings would make MMT suitable for dividend investing!


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

In the past year MMT was profitable.
In the past year MMT had a positive cash flow from operations.
MMT had positive earnings in each of the past 5 years.
MMT had a positive operating cash flow in each of the past 5 years.
MMT.PA Yearly Net Income VS EBIT VS OCF VS FCFMMT.PA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M 400M

1.2 Ratios

Looking at the Return On Assets, with a value of 16.22%, MMT belongs to the top of the industry, outperforming 95.45% of the companies in the same industry.
MMT has a Return On Equity of 25.83%. This is amongst the best in the industry. MMT outperforms 87.88% of its industry peers.
MMT has a better Return On Invested Capital (20.20%) than 95.45% of its industry peers.
MMT had an Average Return On Invested Capital over the past 3 years of 15.50%. This is significantly above the industry average of 9.08%.
The last Return On Invested Capital (20.20%) for MMT is above the 3 year average (15.50%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 16.22%
ROE 25.83%
ROIC 20.2%
ROA(3y)11%
ROA(5y)11.57%
ROE(3y)18.57%
ROE(5y)20.81%
ROIC(3y)15.5%
ROIC(5y)15.98%
MMT.PA Yearly ROA, ROE, ROICMMT.PA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 5 10 15 20 25

1.3 Margins

Looking at the Profit Margin, with a value of 16.18%, MMT belongs to the top of the industry, outperforming 93.94% of the companies in the same industry.
MMT's Profit Margin has improved in the last couple of years.
MMT's Operating Margin of 20.57% is amongst the best of the industry. MMT outperforms 96.97% of its industry peers.
MMT's Operating Margin has improved in the last couple of years.
MMT's Gross Margin of 58.25% is in line compared to the rest of the industry. MMT outperforms 56.06% of its industry peers.
MMT's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 20.57%
PM (TTM) 16.18%
GM 58.25%
OM growth 3Y1.67%
OM growth 5Y3.38%
PM growth 3Y-6.44%
PM growth 5Y6.83%
GM growth 3Y-11.16%
GM growth 5Y-8.01%
MMT.PA Yearly Profit, Operating, Gross MarginsMMT.PA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 20 40 60

9

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), MMT is creating value.
Compared to 1 year ago, MMT has about the same amount of shares outstanding.
The number of shares outstanding for MMT remains at a similar level compared to 5 years ago.
The debt/assets ratio for MMT has been reduced compared to a year ago.
MMT.PA Yearly Shares OutstandingMMT.PA Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M 80M 100M
MMT.PA Yearly Total Debt VS Total AssetsMMT.PA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 500M 1B 1.5B 2B

2.2 Solvency

MMT has an Altman-Z score of 4.30. This indicates that MMT is financially healthy and has little risk of bankruptcy at the moment.
MMT's Altman-Z score of 4.30 is amongst the best of the industry. MMT outperforms 98.48% of its industry peers.
MMT has a debt to FCF ratio of 0.88. This is a very positive value and a sign of high solvency as it would only need 0.88 years to pay back of all of its debts.
MMT's Debt to FCF ratio of 0.88 is amongst the best of the industry. MMT outperforms 95.45% of its industry peers.
MMT has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
MMT has a better Debt to Equity ratio (0.06) than 90.91% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF 0.88
Altman-Z 4.3
ROIC/WACC2.71
WACC7.45%
MMT.PA Yearly LT Debt VS Equity VS FCFMMT.PA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M 800M 1B

2.3 Liquidity

A Current Ratio of 2.01 indicates that MMT has no problem at all paying its short term obligations.
MMT has a better Current ratio (2.01) than 90.91% of its industry peers.
A Quick Ratio of 1.57 indicates that MMT should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.57, MMT belongs to the top of the industry, outperforming 87.88% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.01
Quick Ratio 1.57
MMT.PA Yearly Current Assets VS Current LiabilitesMMT.PA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M 800M 1B

4

3. Growth

3.1 Past

MMT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 84.12%, which is quite impressive.
MMT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 5.29% yearly.
Looking at the last year, MMT shows a very strong growth in Revenue. The Revenue has grown by 50.05%.
The Revenue has been decreasing by -1.54% on average over the past years.
EPS 1Y (TTM)84.12%
EPS 3Y-5.47%
EPS 5Y5.29%
EPS Q2Q%-18.99%
Revenue 1Y (TTM)50.05%
Revenue growth 3Y1.09%
Revenue growth 5Y-1.54%
Sales Q2Q%5.63%

3.2 Future

Based on estimates for the next years, MMT will show a decrease in Earnings Per Share. The EPS will decrease by -5.02% on average per year.
The Revenue is expected to grow by 0.89% on average over the next years.
EPS Next Y-14.67%
EPS Next 2Y-11.24%
EPS Next 3Y-10.87%
EPS Next 5Y-5.02%
Revenue Next Year0.83%
Revenue Next 2Y-0.11%
Revenue Next 3Y1.17%
Revenue Next 5Y0.89%

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
MMT.PA Yearly Revenue VS EstimatesMMT.PA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B
MMT.PA Yearly EPS VS EstimatesMMT.PA Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0.5 1 1.5

6

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 5.52, which indicates a rather cheap valuation of MMT.
Based on the Price/Earnings ratio, MMT is valued cheaply inside the industry as 89.39% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 28.63. MMT is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 10.16 indicates a reasonable valuation of MMT.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MMT indicates a somewhat cheap valuation: MMT is cheaper than 68.18% of the companies listed in the same industry.
MMT is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.72, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 5.52
Fwd PE 10.16
MMT.PA Price Earnings VS Forward Price EarningsMMT.PA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

MMT's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MMT is cheaper than 87.88% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of MMT is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 11.24
EV/EBITDA 3.07
MMT.PA Per share dataMMT.PA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

MMT has an outstanding profitability rating, which may justify a higher PE ratio.
MMT's earnings are expected to decrease with -10.87% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)1.04
EPS Next 2Y-11.24%
EPS Next 3Y-10.87%

7

5. Dividend

5.1 Amount

MMT has a Yearly Dividend Yield of 9.40%, which is a nice return.
Compared to an average industry Dividend Yield of 4.22, MMT pays a better dividend. On top of this MMT pays more dividend than 100.00% of the companies listed in the same industry.
MMT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
Industry RankSector Rank
Dividend Yield 9.4%

5.2 History

The dividend of MMT has a limited annual growth rate of 1.96%.
Dividend Growth(5Y)1.96%
Div Incr Years1
Div Non Decr Years2
MMT.PA Yearly Dividends per shareMMT.PA Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 0.5 1

5.3 Sustainability

50.63% of the earnings are spent on dividend by MMT. This is a bit on the high side, but may be sustainable.
MMT's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP50.63%
EPS Next 2Y-11.24%
EPS Next 3Y-10.87%
MMT.PA Yearly Income VS Free CF VS DividendMMT.PA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 100M 200M 300M
MMT.PA Dividend Payout.MMT.PA Dividend Payout, showing the Payout Ratio.MMT.PA Dividend Payout.PayoutRetained Earnings

M6-METROPOLE TELEVISION

EPA:MMT (3/21/2025, 7:00:00 PM)

13.9

+0.16 (+1.16%)

Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)02-11 2025-02-11/amc
Earnings (Next)04-29 2025-04-29
Inst Owners10.37%
Inst Owner ChangeN/A
Ins Owners0.02%
Ins Owner ChangeN/A
Market Cap1.76B
Analysts72.73
Price Target14.35 (3.24%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 9.4%
Yearly Dividend1.05
Dividend Growth(5Y)1.96%
DP50.63%
Div Incr Years1
Div Non Decr Years2
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%
PT rev (3m)-2.31%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-6.01%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.26%
Valuation
Industry RankSector Rank
PE 5.52
Fwd PE 10.16
P/S 0.89
P/FCF 11.24
P/OCF 7.3
P/B 1.42
P/tB 2.9
EV/EBITDA 3.07
EPS(TTM)2.52
EY18.13%
EPS(NY)1.37
Fwd EY9.85%
FCF(TTM)1.24
FCFY8.9%
OCF(TTM)1.9
OCFY13.7%
SpS15.6
BVpS9.78
TBVpS4.8
PEG (NY)N/A
PEG (5Y)1.04
Profitability
Industry RankSector Rank
ROA 16.22%
ROE 25.83%
ROCE 28.49%
ROIC 20.2%
ROICexc 25.68%
ROICexgc 58.55%
OM 20.57%
PM (TTM) 16.18%
GM 58.25%
FCFM 7.92%
ROA(3y)11%
ROA(5y)11.57%
ROE(3y)18.57%
ROE(5y)20.81%
ROIC(3y)15.5%
ROIC(5y)15.98%
ROICexc(3y)21.22%
ROICexc(5y)20.16%
ROICexgc(3y)53.88%
ROICexgc(5y)48.41%
ROCE(3y)21.87%
ROCE(5y)22.54%
ROICexcg growth 3Y10.95%
ROICexcg growth 5Y-4.38%
ROICexc growth 3Y3.33%
ROICexc growth 5Y-6.28%
OM growth 3Y1.67%
OM growth 5Y3.38%
PM growth 3Y-6.44%
PM growth 5Y6.83%
GM growth 3Y-11.16%
GM growth 5Y-8.01%
F-Score6
Asset Turnover1
Health
Industry RankSector Rank
Debt/Equity 0.06
Debt/FCF 0.88
Debt/EBITDA 0.16
Cap/Depr 77.1%
Cap/Sales 4.28%
Interest Coverage 169.08
Cash Conversion 46.72%
Profit Quality 48.97%
Current Ratio 2.01
Quick Ratio 1.57
Altman-Z 4.3
F-Score6
WACC7.45%
ROIC/WACC2.71
Cap/Depr(3y)85.39%
Cap/Depr(5y)85.24%
Cap/Sales(3y)6.45%
Cap/Sales(5y)6.5%
Profit Quality(3y)119.02%
Profit Quality(5y)103.8%
High Growth Momentum
Growth
EPS 1Y (TTM)84.12%
EPS 3Y-5.47%
EPS 5Y5.29%
EPS Q2Q%-18.99%
EPS Next Y-14.67%
EPS Next 2Y-11.24%
EPS Next 3Y-10.87%
EPS Next 5Y-5.02%
Revenue 1Y (TTM)50.05%
Revenue growth 3Y1.09%
Revenue growth 5Y-1.54%
Sales Q2Q%5.63%
Revenue Next Year0.83%
Revenue Next 2Y-0.11%
Revenue Next 3Y1.17%
Revenue Next 5Y0.89%
EBIT growth 1Y35.45%
EBIT growth 3Y2.78%
EBIT growth 5Y1.8%
EBIT Next Year13.06%
EBIT Next 3Y-0.81%
EBIT Next 5YN/A
FCF growth 1Y-42.96%
FCF growth 3Y9.32%
FCF growth 5Y6.86%
OCF growth 1Y-33.95%
OCF growth 3Y7.54%
OCF growth 5Y2.67%