ARNOLDO MONDADORI EDITORE (MN.MI) Stock Fundamental Analysis
BIT:MN - Euronext Milan - IT0001469383 - Common Stock - Currency: EUR
MN gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 66 industry peers in the Media industry. MN scores excellent on profitability, but there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on MN. MN also has an excellent dividend rating. This makes MN very considerable for value and dividend investing!
1. Profitability
1.1 Basic Checks
MN had positive earnings in the past year.
MN had a positive operating cash flow in the past year.
MN had positive earnings in each of the past 5 years.
MN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.26%, MN belongs to the top of the industry, outperforming 89.39% of the companies in the same industry.
Looking at the Return On Equity, with a value of 33.32%, MN belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
MN has a Return On Invested Capital of 19.29%. This is amongst the best in the industry. MN outperforms 96.97% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for MN is above the industry average of 8.01%.
The 3 year average ROIC (11.34%) for MN is below the current ROIC(19.29%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.26% | ||
| ROE | 33.32% | ||
| ROIC | 19.29% |
ROA(3y)5.5%
ROA(5y)4.27%
ROE(3y)20.26%
ROE(5y)16.7%
ROIC(3y)11.34%
ROIC(5y)9.78%
1.3 Margins
MN has a better Profit Margin (7.42%) than 75.76% of its industry peers.
MN's Profit Margin has improved in the last couple of years.
MN has a Operating Margin of 11.22%. This is in the better half of the industry: MN outperforms 71.21% of its industry peers.
In the last couple of years the Operating Margin of MN has grown nicely.
MN's Gross Margin of 34.81% is on the low side compared to the rest of the industry. MN is outperformed by 72.73% of its industry peers.
In the last couple of years the Gross Margin of MN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.22% | ||
| PM (TTM) | 7.42% | ||
| GM | 34.81% |
OM growth 3Y15.27%
OM growth 5Y6.2%
PM growth 3Y5.57%
PM growth 5Y15.11%
GM growth 3Y3.82%
GM growth 5Y3.22%
2. Health
2.1 Basic Checks
MN has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for MN remains at a similar level compared to 1 year ago.
Compared to 5 years ago, MN has more shares outstanding
The debt/assets ratio for MN is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.22 indicates that MN is not a great score, but indicates only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.22, MN is doing good in the industry, outperforming 74.24% of the companies in the same industry.
The Debt to FCF ratio of MN is 2.31, which is a good value as it means it would take MN, 2.31 years of fcf income to pay off all of its debts.
MN's Debt to FCF ratio of 2.31 is amongst the best of the industry. MN outperforms 80.30% of its industry peers.
MN has a Debt/Equity ratio of 0.63. This is a neutral value indicating MN is somewhat dependend on debt financing.
MN has a Debt to Equity ratio (0.63) which is in line with its industry peers.
Even though the debt/equity ratio score it not favorable for MN, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 2.31 | ||
| Altman-Z | 2.22 |
ROIC/WACC3.13
WACC6.17%
2.3 Liquidity
MN has a Current Ratio of 1.05. This is a normal value and indicates that MN is financially healthy and should not expect problems in meeting its short term obligations.
MN's Current ratio of 1.05 is in line compared to the rest of the industry. MN outperforms 54.55% of its industry peers.
A Quick Ratio of 0.74 indicates that MN may have some problems paying its short term obligations.
MN's Quick ratio of 0.74 is on the low side compared to the rest of the industry. MN is outperformed by 68.18% of its industry peers.
The current and quick ratio evaluation for MN is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
The earnings per share for MN have decreased by -9.79% in the last year.
The Earnings Per Share has been growing by 15.47% on average over the past years. This is quite good.
The Revenue has been growing slightly by 2.12% in the past year.
The Revenue has been growing slightly by 1.10% on average over the past years.
EPS 1Y (TTM)-9.79%
EPS 3Y10.66%
EPS 5Y15.47%
EPS Q2Q%-83.15%
Revenue 1Y (TTM)2.12%
Revenue growth 3Y5%
Revenue growth 5Y1.1%
Sales Q2Q%-1.04%
3.2 Future
Based on estimates for the next years, MN will show a small growth in Earnings Per Share. The EPS will grow by 5.44% on average per year.
Based on estimates for the next years, MN will show a small growth in Revenue. The Revenue will grow by 3.11% on average per year.
EPS Next Y5.7%
EPS Next 2Y7.03%
EPS Next 3Y5.44%
EPS Next 5YN/A
Revenue Next Year2.24%
Revenue Next 2Y1.83%
Revenue Next 3Y1.58%
Revenue Next 5Y3.11%
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.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 5.63, the valuation of MN can be described as very cheap.
92.42% of the companies in the same industry are more expensive than MN, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 27.41, MN is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.39, the valuation of MN can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of MN indicates a rather cheap valuation: MN is cheaper than 89.39% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.19. MN is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.63 | ||
| Fwd PE | 7.39 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, MN is valued cheaper than 86.36% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MN is valued cheaply inside the industry as 84.85% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.07 | ||
| EV/EBITDA | 3.16 |
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.
MN has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.99
PEG (5Y)0.36
EPS Next 2Y7.03%
EPS Next 3Y5.44%
5. Dividend
5.1 Amount
MN has a Yearly Dividend Yield of 6.47%, which is a nice return.
Compared to an average industry Dividend Yield of 5.29, MN pays a better dividend. On top of this MN pays more dividend than 87.88% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, MN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.47% |
5.2 History
The dividend of MN decreases each year by -6.82%.
Dividend Growth(5Y)-6.82%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
MN pays out 29.73% of its income as dividend. This is a sustainable payout ratio.
DP29.73%
EPS Next 2Y7.03%
EPS Next 3Y5.44%
BIT:MN (7/14/2025, 1:56:44 PM)
2.14
0 (0%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners26.56%
Inst Owner ChangeN/A
Ins Owners53.3%
Ins Owner ChangeN/A
Market Cap559.52M
Analysts88.33
Price Target3.11 (45.33%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.47% |
Yearly Dividend0.12
Dividend Growth(5Y)-6.82%
DP29.73%
Div Incr Years0
Div Non Decr Years0
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)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.63 | ||
| Fwd PE | 7.39 | ||
| P/S | 0.39 | ||
| P/FCF | 5.07 | ||
| P/OCF | 4.45 | ||
| P/B | 1.77 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.16 |
EPS(TTM)0.38
EY17.76%
EPS(NY)0.29
Fwd EY13.54%
FCF(TTM)0.42
FCFY19.72%
OCF(TTM)0.48
OCFY22.49%
SpS5.43
BVpS1.21
TBVpS-0.32
PEG (NY)0.99
PEG (5Y)0.36
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.26% | ||
| ROE | 33.32% | ||
| ROCE | 25.4% | ||
| ROIC | 19.29% | ||
| ROICexc | 23.46% | ||
| ROICexgc | 104.21% | ||
| OM | 11.22% | ||
| PM (TTM) | 7.42% | ||
| GM | 34.81% | ||
| FCFM | 7.77% |
ROA(3y)5.5%
ROA(5y)4.27%
ROE(3y)20.26%
ROE(5y)16.7%
ROIC(3y)11.34%
ROIC(5y)9.78%
ROICexc(3y)12.8%
ROICexc(5y)11.61%
ROICexgc(3y)52.6%
ROICexgc(5y)44.45%
ROCE(3y)14.93%
ROCE(5y)12.88%
ROICexcg growth 3Y21.82%
ROICexcg growth 5Y18.04%
ROICexc growth 3Y17.34%
ROICexc growth 5Y2.38%
OM growth 3Y15.27%
OM growth 5Y6.2%
PM growth 3Y5.57%
PM growth 5Y15.11%
GM growth 3Y3.82%
GM growth 5Y3.22%
F-Score6
Asset Turnover1.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.63 | ||
| Debt/FCF | 2.31 | ||
| Debt/EBITDA | 0.89 | ||
| Cap/Depr | 24.6% | ||
| Cap/Sales | 1.09% | ||
| Interest Coverage | 62.57 | ||
| Cash Conversion | 56.62% | ||
| Profit Quality | 104.77% | ||
| Current Ratio | 1.05 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 2.22 |
F-Score6
WACC6.17%
ROIC/WACC3.13
Cap/Depr(3y)19.72%
Cap/Depr(5y)13.93%
Cap/Sales(3y)1.34%
Cap/Sales(5y)0.97%
Profit Quality(3y)177.69%
Profit Quality(5y)503.09%
High Growth Momentum
Growth
EPS 1Y (TTM)-9.79%
EPS 3Y10.66%
EPS 5Y15.47%
EPS Q2Q%-83.15%
EPS Next Y5.7%
EPS Next 2Y7.03%
EPS Next 3Y5.44%
EPS Next 5YN/A
Revenue 1Y (TTM)2.12%
Revenue growth 3Y5%
Revenue growth 5Y1.1%
Sales Q2Q%-1.04%
Revenue Next Year2.24%
Revenue Next 2Y1.83%
Revenue Next 3Y1.58%
Revenue Next 5Y3.11%
EBIT growth 1Y1.99%
EBIT growth 3Y21.04%
EBIT growth 5Y7.37%
EBIT Next Year66.16%
EBIT Next 3Y19.55%
EBIT Next 5YN/A
FCF growth 1Y0.7%
FCF growth 3Y4.95%
FCF growth 5Y6.26%
OCF growth 1Y3.49%
OCF growth 3Y8.91%
OCF growth 5Y7.93%