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
In the past year MN was profitable.
MN had a positive operating cash flow in the past year.
MN had positive earnings in each of the past 5 years.
In the past 5 years MN always reported a positive cash flow from operatings.
1.2 Ratios
MN has a Return On Assets of 9.26%. This is amongst the best in the industry. MN outperforms 90.91% of its industry peers.
The Return On Equity of MN (33.32%) is better than 92.42% of its industry peers.
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.
The Average Return On Invested Capital over the past 3 years for MN is above the industry average of 8.02%.
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
With a decent Profit Margin value of 7.42%, MN is doing good in the industry, outperforming 75.76% of the companies in the same industry.
MN's Profit Margin has improved in the last couple of years.
MN has a better Operating Margin (11.22%) than 71.21% of its industry peers.
MN's Operating Margin has improved in the last couple of years.
MN has a worse Gross Margin (34.81%) than 72.73% of its industry peers.
MN's Gross Margin has improved in the last couple of years.
| 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.
Compared to 1 year ago, MN has about the same amount of shares outstanding.
The number of shares outstanding for MN has been increased compared to 5 years ago.
MN has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.21 indicates that MN is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.21, MN is in the better half of the industry, outperforming 74.24% of the companies in the same industry.
MN has a debt to FCF ratio of 2.31. This is a good value and a sign of high solvency as MN would need 2.31 years to pay back of all of its debts.
With an excellent Debt to FCF ratio value of 2.31, MN belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
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 comparable to the rest of the 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 | 2.21 |
ROIC/WACC3.15
WACC6.13%
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 has a Current ratio (1.05) which is comparable to the rest of the industry.
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: 63.64% of the companies in the same industry are doing better.
MN does not score too well on the current and quick ratio evaluation. However, as it has 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.
MN shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 15.47% yearly.
Looking at the last year, MN shows a small growth in Revenue. The Revenue has grown by 2.12% in the last year.
MN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 1.10% yearly.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
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 5.51, the valuation of MN can be described as very cheap.
Based on the Price/Earnings ratio, MN is valued cheaper than 93.94% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.65, MN is valued rather cheaply.
A Price/Forward Earnings ratio of 7.22 indicates a rather cheap valuation of MN.
87.88% of the companies in the same industry are more expensive than MN, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of MN to the average of the S&P500 Index (21.27), we can say MN is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.51 | ||
| Fwd PE | 7.22 |
4.2 Price Multiples
87.88% of the companies in the same industry are more expensive than MN, based on the Enterprise Value to EBITDA ratio.
84.85% of the companies in the same industry are more expensive than MN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.96 | ||
| EV/EBITDA | 3.12 |
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)0.97
PEG (5Y)0.36
EPS Next 2Y7.03%
EPS Next 3Y5.44%
5. Dividend
5.1 Amount
MN has a Yearly Dividend Yield of 6.65%, which is a nice return.
Compared to an average industry Dividend Yield of 4.80, MN pays a better dividend. On top of this MN pays more dividend than 86.36% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, MN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.65% |
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
29.73% of the earnings are spent on dividend by MN. This is a low number and sustainable payout ratio.
DP29.73%
EPS Next 2Y7.03%
EPS Next 3Y5.44%
BIT:MN (6/23/2025, 5:29:52 PM)
2.092
-0.01 (-0.38%)
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 Cap546.97M
Analysts88.33
Price Target3.11 (48.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.65% |
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)-2.01%
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%
Revenue NY rev (3m)-1.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.51 | ||
| Fwd PE | 7.22 | ||
| P/S | 0.39 | ||
| P/FCF | 4.96 | ||
| P/OCF | 4.35 | ||
| P/B | 1.73 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.12 |
EPS(TTM)0.38
EY18.16%
EPS(NY)0.29
Fwd EY13.85%
FCF(TTM)0.42
FCFY20.17%
OCF(TTM)0.48
OCFY23%
SpS5.43
BVpS1.21
TBVpS-0.32
PEG (NY)0.97
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 | 2.21 |
F-Score6
WACC6.13%
ROIC/WACC3.15
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%