ARNOLDO MONDADORI EDITORE (MN.MI) Stock Fundamental Analysis
BIT:MN - Euronext Milan - IT0001469383 - Common Stock - Currency: EUR
Taking everything into account, MN scores 7 out of 10 in our fundamental rating. MN was compared to 67 industry peers in the Media industry. MN scores excellent on profitability, but there are some minor concerns on its financial health. MN scores decently on growth, while it is valued quite cheap. This could make an interesting combination. 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.
Each year in the past 5 years MN has been profitable.
Each year in the past 5 years MN had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.26%, MN belongs to the top of the industry, outperforming 91.04% 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 92.54% of the companies in the same industry.
MN has a better Return On Invested Capital (19.29%) than 97.01% of its industry peers.
The Average Return On Invested Capital over the past 3 years for MN is above the industry average of 7.84%.
The last Return On Invested Capital (19.29%) for MN is above the 3 year average (11.34%), which is a sign of increasing profitability.
| 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
The Profit Margin of MN (7.42%) is better than 76.12% of its industry peers.
MN's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 11.22%, MN is doing good in the industry, outperforming 73.13% of the companies in the same industry.
MN's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 34.81%, MN is doing worse than 70.15% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so MN 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
MN has a worse debt/assets ratio than last year.
2.2 Solvency
MN has an Altman-Z score of 2.23. This is not the best score and indicates that MN is in the grey zone with still only limited risk for bankruptcy at the moment.
MN has a better Altman-Z score (2.23) than 76.12% of its industry peers.
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 80.60% of its industry peers.
A Debt/Equity ratio of 0.63 indicates that MN is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.63, MN is in line with its industry, outperforming 52.24% of the companies in the same industry.
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 | 2.23 |
ROIC/WACC3.03
WACC6.37%
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 53.73% of its industry peers.
A Quick Ratio of 0.74 indicates that MN may have some problems paying its short term obligations.
With a Quick ratio value of 0.74, MN is not doing good in the industry: 68.66% of the companies in the same industry are doing better.
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.
Measured over the past years, MN shows a quite strong growth in Earnings Per Share. The EPS has been growing by 15.47% on average per year.
MN shows a small growth in Revenue. In the last year, the Revenue has grown by 2.12%.
Measured over the past years, MN shows a small growth in Revenue. The Revenue has been growing by 1.10% on average per year.
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
The Earnings Per Share is expected to grow by 5.44% on average over the next years.
MN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.11% yearly.
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
With a Price/Earnings ratio of 5.71, the valuation of MN can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of MN indicates a rather cheap valuation: MN is cheaper than 94.03% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of MN to the average of the S&P500 Index (26.46), we can say MN is valued rather cheaply.
With a Price/Forward Earnings ratio of 7.49, the valuation of MN can be described as very cheap.
MN's Price/Forward Earnings ratio is rather cheap when compared to the industry. MN is cheaper than 80.60% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.30, MN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.71 | ||
| Fwd PE | 7.49 |
4.2 Price Multiples
MN's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. MN is cheaper than 86.57% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, MN is valued cheaply inside the industry as 82.09% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.14 | ||
| EV/EBITDA | 3.24 |
4.3 Compensation for Growth
MN's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
MN has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1
PEG (5Y)0.37
EPS Next 2Y7.03%
EPS Next 3Y5.44%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.67%, MN is a good candidate for dividend investing.
MN's Dividend Yield is rather good when compared to the industry average which is at 4.72. MN pays more dividend than 89.55% of the companies in the same industry.
MN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.67% |
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 (6/3/2025, 7:00:00 PM)
2.17
-0.04 (-1.59%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners28.49%
Inst Owner ChangeN/A
Ins Owners53.3%
Ins Owner ChangeN/A
Market Cap567.37M
Analysts88.33
Price Target3.11 (43.32%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.67% |
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)-2.4%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-1.58%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.14%
Revenue NY rev (3m)-1.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.71 | ||
| Fwd PE | 7.49 | ||
| P/S | 0.4 | ||
| P/FCF | 5.14 | ||
| P/OCF | 4.51 | ||
| P/B | 1.8 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.24 |
EPS(TTM)0.38
EY17.51%
EPS(NY)0.29
Fwd EY13.35%
FCF(TTM)0.42
FCFY19.45%
OCF(TTM)0.48
OCFY22.18%
SpS5.43
BVpS1.21
TBVpS-0.32
PEG (NY)1
PEG (5Y)0.37
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 | 2.23 |
F-Score6
WACC6.37%
ROIC/WACC3.03
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%