TELEVISION FRANCAISE (T.F.1) (TFI.PA) Stock Fundamental Analysis
Europe - Euronext Paris - EPA:TFI - FR0000054900 - Common Stock
8.105 EUR
-0.04 (-0.55%)
TFI gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 68 industry peers in the Media industry. TFI scores excellent points on both the profitability and health parts. This is a solid base for a good stock. TFI has a valuation in line with the averages, but on the other hand it scores bad on growth. 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.
- In the past 5 years TFI has always been profitable.
- Each year in the past 5 years TFI had a positive operating cash flow.
1.2 Ratios
- TFI has a better Return On Assets (4.88%) than 85.07% of its industry peers.
- The Return On Equity of TFI (9.45%) is better than 64.18% of its industry peers.
- TFI has a better Return On Invested Capital (9.10%) than 80.60% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for TFI is above the industry average of 7.53%.
| 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
- With a decent Profit Margin value of 7.96%, TFI is doing good in the industry, outperforming 79.10% of the companies in the same industry.
- TFI's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 11.68%, TFI is in the better half of the industry, outperforming 76.12% of the companies in the same industry.
- In the last couple of years the Operating Margin of TFI has remained more or less at the same level.
- The Gross Margin of TFI (67.21%) is better than 68.66% of its industry peers.
- In the last couple of years the Gross Margin of TFI has remained more or less at the same level.
| 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.
- TFI has more shares outstanding than it did 5 years ago.
- TFI has a worse debt/assets ratio than last year.
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 has a better Altman-Z score (2.34) than 80.60% of its industry peers.
- TFI has a debt to FCF ratio of 1.21. This is a very positive value and a sign of high solvency as it would only need 1.21 years to pay back of all of its debts.
- Looking at the Debt to FCF ratio, with a value of 1.21, TFI belongs to the top of the industry, outperforming 88.06% of the companies in the same industry.
- TFI has a Debt/Equity ratio of 0.04. This is a healthy value indicating a solid balance between debt and equity.
- TFI has a better Debt to Equity ratio (0.04) than 88.06% 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
- TFI has a Current Ratio of 1.47. This is a normal value and indicates that TFI is financially healthy and should not expect problems in meeting its short term obligations.
- The Current ratio of TFI (1.47) is better than 82.09% of its industry peers.
- TFI has a Quick Ratio of 1.18. This is a normal value and indicates that TFI is financially healthy and should not expect problems in meeting its short term obligations.
- TFI's Quick ratio of 1.18 is fine compared to the rest of the industry. TFI outperforms 73.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.47 | ||
| Quick Ratio | 1.18 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 6.80% over the past year.
- The Earnings Per Share has been growing slightly by 5.60% on average over the past years.
- The Revenue has been growing slightly by 1.02% in the past year.
- Measured over the past years, TFI shows a small growth in Revenue. The Revenue has been growing by 0.16% on average per year.
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
- The Earnings Per Share is expected to decrease by -1.34% on average over the next years.
- TFI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.52% yearly.
EPS Next Y-19.54%
EPS Next 2Y-8.85%
EPS Next 3Y-1.34%
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
- 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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 8.36, the valuation of TFI can be described as reasonable.
- Compared to the rest of the industry, the Price/Earnings ratio of TFI indicates a rather cheap valuation: TFI is cheaper than 85.07% of the companies listed in the same industry.
- TFI is valuated cheaply when we compare the Price/Earnings ratio to 28.39, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 9.76, which indicates a very decent valuation of TFI.
- Based on the Price/Forward Earnings ratio, TFI is valued a bit cheaper than 68.66% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of TFI to the average of the S&P500 Index (25.72), we can say TFI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.36 | ||
| Fwd PE | 9.76 |
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 95.52% 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 62.69% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.71 | ||
| EV/EBITDA | 1.79 |
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)1.49
EPS Next 2Y-8.85%
EPS Next 3Y-1.34%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 7.48%, TFI is a good candidate for dividend investing.
- TFI's Dividend Yield is rather good when compared to the industry average which is at 3.08. TFI pays more dividend than 97.01% of the companies 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 | 7.48% |
5.2 History
- The dividend of TFI is nicely growing with an annual growth rate of 6.60%!
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.
- TFI's earnings are declining while the Dividend Rate has been growing. This means the dividend growth is most likely not sustainable.
DP67.56%
EPS Next 2Y-8.85%
EPS Next 3Y-1.34%
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 8.36 and the Price/Book (PB) ratio is 0.86.
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%.