TELEVISION FRANCAISE (T.F.1) (TFI.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:TFI - FR0000054900 - Common Stock
7.905 EUR
-0.11 (-1.43%)
Overall TFI gets a fundamental rating of 6 out of 10. We evaluated TFI against 69 industry peers in the Media industry. TFI gets an excellent profitability rating and is at the same time showing great financial health properties. TFI has a correct valuation and a medium growth rate. Finally TFI also has an excellent dividend rating. This makes TFI very considerable for dividend investing!
1. Profitability
1.1 Basic Checks
- In the past year TFI was profitable.
- TFI had a positive operating cash flow in the past year.
- TFI had positive earnings in each of the past 5 years.
- TFI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- With an excellent Return On Assets value of 4.88%, TFI belongs to the best of the industry, outperforming 83.82% of the companies in the same industry.
- TFI's Return On Equity of 9.45% is fine compared to the rest of the industry. TFI outperforms 63.24% of its industry peers.
- TFI has a Return On Invested Capital of 9.10%. This is in the better half of the industry: TFI outperforms 77.94% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for TFI is in line with the industry average of 8.04%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.88% | ||
| ROE | 9.45% | ||
| ROIC | 9.1% |
ROA(3y)5.12%
ROA(5y)4.61%
ROE(3y)9.78%
ROE(5y)9.11%
ROIC(3y)9.68%
ROIC(5y)9.25%
1.3 Margins
- TFI has a better Profit Margin (7.96%) than 77.94% of its industry peers.
- In the last couple of years the Profit Margin of TFI has grown nicely.
- TFI's Operating Margin of 11.68% is fine compared to the rest of the industry. TFI outperforms 73.53% of its industry peers.
- TFI's Operating Margin has been stable in the last couple of years.
- TFI has a better Gross Margin (67.21%) than 67.65% of its industry peers.
- TFI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.68% | ||
| PM (TTM) | 7.96% | ||
| GM | 67.21% |
OM growth 3Y-5.88%
OM growth 5Y1.24%
PM growth 3Y-2.06%
PM growth 5Y5.66%
GM growth 3Y-3.51%
GM growth 5Y0.45%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TFI is creating some value.
- The number of shares outstanding for TFI remains at a similar level compared to 1 year ago.
- Compared to 5 years ago, TFI has more shares outstanding
- The debt/assets ratio for TFI is higher compared to a year ago.
2.2 Solvency
- TFI has an Altman-Z score of 2.34. This is not the best score and indicates that TFI is in the grey zone with still only limited risk for bankruptcy at the moment.
- TFI's Altman-Z score of 2.34 is amongst the best of the industry. TFI outperforms 82.35% of its industry peers.
- The Debt to FCF ratio of TFI is 1.21, which is an excellent value as it means it would take TFI, only 1.21 years of fcf income to pay off all of its debts.
- TFI has a better Debt to FCF ratio (1.21) than 88.24% of its industry peers.
- A Debt/Equity ratio of 0.04 indicates that TFI is not too dependend on debt financing.
- The Debt to Equity ratio of TFI (0.04) is better than 88.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.04 | ||
| Debt/FCF | 1.21 | ||
| Altman-Z | 2.34 |
ROIC/WACC1.19
WACC7.63%
2.3 Liquidity
- A Current Ratio of 1.47 indicates that TFI should not have too much problems paying its short term obligations.
- The Current ratio of TFI (1.47) is better than 80.88% of its industry peers.
- A Quick Ratio of 1.18 indicates that TFI should not have too much problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 1.18, TFI is in the better half of the industry, outperforming 70.59% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
- TFI shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.80%.
- Measured over the past 5 years, TFI shows a small growth in Earnings Per Share. The EPS has been growing by 5.60% on average per year.
- TFI shows a small growth in Revenue. In the last year, the Revenue has grown by 1.02%.
- The Revenue has been growing slightly by 0.16% on average over the past years.
EPS 1Y (TTM)6.8%
EPS 3Y-3.15%
EPS 5Y5.6%
EPS Q2Q%N/A
Revenue 1Y (TTM)1.02%
Revenue growth 3Y-0.98%
Revenue growth 5Y0.16%
Sales Q2Q%1.85%
3.2 Future
- Based on estimates for the next years, TFI will show a small growth in Earnings Per Share. The EPS will grow by 1.21% on average per year.
- The Revenue is expected to grow by 0.52% on average over the next years.
EPS Next Y-10.8%
EPS Next 2Y-2.01%
EPS Next 3Y1.21%
EPS Next 5YN/A
Revenue Next Year-1.92%
Revenue Next 2Y-0.69%
Revenue Next 3Y0.52%
Revenue Next 5YN/A
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
- TFI is valuated reasonably with a Price/Earnings ratio of 8.15.
- TFI's Price/Earnings ratio is rather cheap when compared to the industry. TFI is cheaper than 86.76% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.30, TFI is valued rather cheaply.
- With a Price/Forward Earnings ratio of 8.24, the valuation of TFI can be described as very reasonable.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of TFI indicates a somewhat cheap valuation: TFI is cheaper than 76.47% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 24.32. TFI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.15 | ||
| Fwd PE | 8.24 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TFI indicates a rather cheap valuation: TFI is cheaper than 95.59% of the companies listed in the same industry.
- Based on the Price/Free Cash Flow ratio, TFI is valued a bit cheaper than the industry average as 64.71% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.49 | ||
| EV/EBITDA | 1.75 |
4.3 Compensation for Growth
- TFI has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.45
EPS Next 2Y-2.01%
EPS Next 3Y1.21%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 7.57%, TFI is a good candidate for dividend investing.
- Compared to an average industry Dividend Yield of 3.07, TFI pays a better dividend. On top of this TFI pays more dividend than 97.06% of the companies listed in the same industry.
- TFI's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.57% |
5.2 History
- On average, the dividend of TFI grows each year by 6.60%, which is quite nice.
Dividend Growth(5Y)6.6%
Div Incr Years3
Div Non Decr Years4
5.3 Sustainability
- TFI pays out 67.56% of its income as dividend. This is not a sustainable payout ratio.
- The dividend of TFI is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP67.56%
EPS Next 2Y-2.01%
EPS Next 3Y1.21%
TELEVISION FRANCAISE (T.F.1) / TFI.PA FAQ
What is the fundamental rating for TFI stock?
ChartMill assigns a fundamental rating of 6 / 10 to TFI.PA.
Can you provide the valuation status for TELEVISION FRANCAISE (T.F.1)?
ChartMill assigns a valuation rating of 6 / 10 to TELEVISION FRANCAISE (T.F.1) (TFI.PA). This can be considered as Fairly Valued.
How profitable is TELEVISION FRANCAISE (T.F.1) (TFI.PA) stock?
TELEVISION FRANCAISE (T.F.1) (TFI.PA) has a profitability rating of 7 / 10.
What are the PE and PB ratios of TELEVISION FRANCAISE (T.F.1) (TFI.PA) stock?
The Price/Earnings (PE) ratio for TELEVISION FRANCAISE (T.F.1) (TFI.PA) is 8.15 and the Price/Book (PB) ratio is 0.84.
Can you provide the dividend sustainability for TFI stock?
The dividend rating of TELEVISION FRANCAISE (T.F.1) (TFI.PA) is 7 / 10 and the dividend payout ratio is 67.56%.