TELEVISION FRANCAISE (T.F.1) (TFI.PA)
FR0000054900 - Common Stock
Taking everything into account, TFI scores 7 out of 10 in our fundamental rating. TFI was compared to 66 industry peers in the Media industry. Both the health and profitability get an excellent rating, making TFI a very profitable company, without any liquidiy or solvency issues. TFI is valued quite cheap, while showing a decent growth score. This is a good combination! TFI also has an excellent dividend rating. This makes TFI very considerable for value and dividend investing!
1. Profitability
1.1 Basic Checks
TFI had positive earnings in the past year.
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 (5.25%) than 76.56% of its industry peers.
TFI has a better Return On Equity (9.83%) than 62.50% of its industry peers.
Looking at the Return On Invested Capital, with a value of 9.30%, TFI belongs to the top of the industry, outperforming 85.94% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TFI is above the industry average of 6.79%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.25% | ||
| ROE | 9.83% | ||
| ROIC | 9.3% |
ROA(3y)5.38%
ROA(5y)4.48%
ROE(3y)10.67%
ROE(5y)9.08%
ROIC(3y)11.21%
ROIC(5y)9.68%
1.3 Margins
The Profit Margin of TFI (8.36%) is better than 79.69% of its industry peers.
TFI's Profit Margin has improved in the last couple of years.
With a decent Operating Margin value of 11.03%, TFI is doing good in the industry, outperforming 76.56% of the companies in the same industry.
TFI's Operating Margin has improved in the last couple of years.
With a decent Gross Margin value of 64.38%, TFI is doing good in the industry, outperforming 64.06% of the companies in the same industry.
TFI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.03% | ||
| PM (TTM) | 8.36% | ||
| GM | 64.38% |
OM growth 3Y26.72%
OM growth 5Y6.86%
PM growth 3Y46.52%
PM growth 5Y8.46%
GM growth 3Y1.53%
GM growth 5Y3.18%
2. Health
2.1 Basic Checks
TFI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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.
Compared to 1 year ago, TFI has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.48 indicates that TFI is not a great score, but indicates only limited risk for bankruptcy at the moment.
TFI has a Altman-Z score of 2.48. This is amongst the best in the industry. TFI outperforms 87.50% of its industry peers.
TFI has a debt to FCF ratio of 0.72. This is a very positive value and a sign of high solvency as it would only need 0.72 years to pay back of all of its debts.
TFI's Debt to FCF ratio of 0.72 is amongst the best of the industry. TFI outperforms 90.63% of its industry peers.
A Debt/Equity ratio of 0.07 indicates that TFI is not too dependend on debt financing.
The Debt to Equity ratio of TFI (0.07) is better than 85.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 0.72 | ||
| Altman-Z | 2.48 |
ROIC/WACC1.32
WACC7.06%
2.3 Liquidity
A Current Ratio of 1.51 indicates that TFI should not have too much problems paying its short term obligations.
TFI's Current ratio of 1.51 is fine compared to the rest of the industry. TFI outperforms 75.00% of its industry peers.
A Quick Ratio of 1.25 indicates that TFI should not have too much problems paying its short term obligations.
The Quick ratio of TFI (1.25) is better than 71.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.51 | ||
| Quick Ratio | 1.25 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 7.06% over the past year.
TFI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.33% yearly.
The Revenue has decreased by -8.41% in the past year.
Measured over the past years, TFI shows a small growth in Revenue. The Revenue has been growing by 0.07% on average per year.
EPS 1Y (TTM)7.06%
EPS 3Y51.83%
EPS 5Y8.33%
EPS growth Q2Q127.27%
Revenue 1Y (TTM)-8.41%
Revenue growth 3Y3.33%
Revenue growth 5Y0.07%
Revenue growth Q2Q-2.37%
3.2 Future
The Earnings Per Share is expected to grow by 6.48% on average over the next years.
Based on estimates for the next years, TFI will show a small growth in Revenue. The Revenue will grow by 0.29% on average per year.
EPS Next Y17.62%
EPS Next 2Y11.08%
EPS Next 3Y6.48%
EPS Next 5YN/A
Revenue Next Year2.49%
Revenue Next 2Y1.91%
Revenue Next 3Y0.29%
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.
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 9.37.
Based on the Price/Earnings ratio, TFI is valued a bit cheaper than the industry average as 70.31% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 28.11. TFI is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 7.54, the valuation of TFI can be described as very cheap.
Based on the Price/Forward Earnings ratio, TFI is valued cheaper than 81.25% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 20.39. TFI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.37 | ||
| Fwd PE | 7.54 |
4.2 Price Multiples
87.50% of the companies in the same industry are more expensive than TFI, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, TFI is valued a bit cheaper than 75.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.47 | ||
| EV/EBITDA | 2.18 |
4.3 Compensation for Growth
TFI's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of TFI may justify a higher PE ratio.
PEG (NY)0.53
PEG (5Y)1.12
EPS Next 2Y11.08%
EPS Next 3Y6.48%
5. Dividend
5.1 Amount
TFI has a Yearly Dividend Yield of 6.43%, which is a nice return.
Compared to an average industry Dividend Yield of 4.43, TFI pays a better dividend. On top of this TFI pays more dividend than 85.94% 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 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.43% |
5.2 History
On average, the dividend of TFI grows each year by 7.35%, which is quite nice.
Dividend Growth(5Y)7.35%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
TFI pays out 54.79% of its income as dividend. This is a bit on the high side, but may be sustainable.
TFI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP54.79%
EPS Next 2Y11.08%
EPS Next 3Y6.48%
TELEVISION FRANCAISE (T.F.1)
EPA:TFI (5/7/2024, 7:00:00 PM)
8.525
-0.04 (-0.47%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.80B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.43% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.37 | ||
| Fwd PE | 7.54 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.53
PEG (5Y)1.12
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.25% | ||
| ROE | 9.83% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 11.03% | ||
| PM (TTM) | 8.36% | ||
| GM | 64.38% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.51 | ||
| Quick Ratio | 1.25 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)7.06%
EPS 3Y51.83%
EPS 5Y
EPS growth Q2Q
EPS Next Y17.62%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-8.41%
Revenue growth 3Y3.33%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y