(MMT) Métropole Télévision S.A. - Ratings and Ratios
Television, Radio, Film, Digital, Rights
Dividends
| Dividend Yield | 10.21% |
| Yield on Cost 5y | 13.51% |
| Yield CAGR 5y | -5.90% |
| Payout Consistency | 82.4% |
| Payout Ratio | 107.8% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 19.4% |
| Value at Risk 5%th | 32.1% |
| Relative Tail Risk | 0.85% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.83 |
| Alpha | 14.95 |
| CAGR/Max DD | 0.01 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.421 |
| Beta | 0.158 |
| Beta Downside | 0.160 |
| Drawdowns 3y | |
|---|---|
| Max DD | 25.00% |
| Mean DD | 10.31% |
| Median DD | 10.93% |
Description: MMT Métropole Télévision S.A. November 13, 2025
Métropole Télévision S.A. (ticker MMT) is a French multimedia conglomerate that runs free-to-air channels (M6, W9, 6TER, Gulli), pay-TV networks (Paris Première, Téva, Canal J, etc.), and non-linear platforms (M6+, Gulli Replay). Its portfolio also includes radio stations (RTL, RTL2, Fun Radio), film and TV production, audiovisual rights distribution, and a range of ancillary businesses such as digital publishing, event production, and children’s indoor play centers. The group, founded in 1986 and headquartered in Neuilly-sur-Seine, operates across Video, Audio, Production & Audiovisual Rights, and Diversification segments.
Key recent metrics show MMT generated roughly €2.3 billion in revenue for FY 2023, with advertising earnings up about 5 % year-over-year, driven by a rebound in French TV ad spend after the pandemic slowdown. The company’s free-to-air channels command roughly 20 % of the national audience share, while its digital-first offerings (M6+, Gulli Replay) have attracted over 1.2 million monthly active users, reflecting the sector-wide shift toward programmatic and OTT consumption. A notable macro driver is the French broadcasting market’s projected CAGR of ~3 % through 2028, supported by regulatory caps on foreign ownership that protect domestic players like MMT.
If you want a deeper, data-rich analysis of MMT’s valuation and growth outlook, ValueRay’s research platform provides the tools you need to explore the numbers further.
Piotroski VR‑10 (Strict, 0-10) 8.5
| Net Income (232.0m TTM) > 0 and > 6% of Revenue (6% = 116.7m TTM) |
| FCFTA 0.19 (>2.0%) and ΔFCFTA 7.46pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 25.67% (prev 47.26%; Δ -21.59pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.23 (>3.0%) and CFO 432.0m > Net Income 232.0m (YES >=105%, WARN >=100%) |
| Net Debt (-77.9m) to EBITDA (418.1m) ratio: -0.19 <= 3.0 (WARN <= 3.5) |
| Current Ratio 2.06 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (126.5m) change vs 12m ago 0.16% (target <= -2.0% for YES) |
| Gross Margin 31.27% (prev 29.37%; Δ 1.90pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 98.51% (prev 64.17%; Δ 34.34pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 97.91 (EBITDA TTM 418.1m / Interest Expense TTM 3.40m) >= 6 (WARN >= 3) |
Altman Z'' 5.07
| (A) 0.26 = (Total Current Assets 971.3m - Total Current Liabilities 472.2m) / Total Assets 1.90b |
| (B) 0.03 = Retained Earnings (Balance) 59.2m / Total Assets 1.90b |
| (C) 0.17 = EBIT TTM 332.9m / Avg Total Assets 1.97b |
| (D) 2.01 = Book Value of Equity 1.29b / Total Liabilities 641.2m |
| Total Rating: 5.07 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 75.80
| 1. Piotroski 8.50pt |
| 2. FCF Yield 24.63% |
| 3. FCF Margin 18.68% |
| 4. Debt/Equity 0.08 |
| 5. Debt/Ebitda -0.19 |
| 6. ROIC - WACC (= 8.26)% |
| 7. RoE 18.24% |
| 8. Rev. Trend -39.02% |
| 9. EPS Trend -25.81% |
What is the price of MMT shares?
Over the past week, the price has changed by -1.45%, over one month by +1.49%, over three months by -8.38% and over the past year by +21.35%.
Is MMT a buy, sell or hold?
What are the forecasts/targets for the MMT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 14.4 | 17.5% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 13.7 | 11.8% |
MMT Fundamental Data Overview November 27, 2025
Market Cap EUR = 1.55b (1.55b EUR * 1.0 EUR.EUR)
P/E Trailing = 10.6379
P/E Forward = 8.9526
P/S = 1.2057
P/B = 1.2677
Beta = 0.736
Revenue TTM = 1.94b EUR
EBIT TTM = 332.9m EUR
EBITDA TTM = 418.1m EUR
Long Term Debt = 79.8m EUR (from longTermDebt, last quarter)
Short Term Debt = 10.1m EUR (from shortTermDebt, last quarter)
Debt = 100.9m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = -77.9m EUR (from netDebt column, last quarter)
Enterprise Value = 1.47b EUR (1.55b + Debt 100.9m - CCE 178.8m)
Interest Coverage Ratio = 97.91 (Ebit TTM 332.9m / Interest Expense TTM 3.40m)
FCF Yield = 24.63% (FCF TTM 363.2m / Enterprise Value 1.47b)
FCF Margin = 18.68% (FCF TTM 363.2m / Revenue TTM 1.94b)
Net Margin = 11.93% (Net Income TTM 232.0m / Revenue TTM 1.94b)
Gross Margin = 31.27% ((Revenue TTM 1.94b - Cost of Revenue TTM 1.34b) / Revenue TTM)
Gross Margin QoQ = 19.58% (prev 27.78%)
Tobins Q-Ratio = 0.78 (Enterprise Value 1.47b / Total Assets 1.90b)
Interest Expense / Debt = 0.99% (Interest Expense 1.00m / Debt 100.9m)
Taxrate = 40.86% (40.0m / 97.9m)
NOPAT = 196.9m (EBIT 332.9m * (1 - 40.86%))
Current Ratio = 2.06 (Total Current Assets 971.3m / Total Current Liabilities 472.2m)
Debt / Equity = 0.08 (Debt 100.9m / totalStockholderEquity, last quarter 1.23b)
Debt / EBITDA = -0.19 (Net Debt -77.9m / EBITDA 418.1m)
Debt / FCF = -0.21 (Net Debt -77.9m / FCF TTM 363.2m)
Total Stockholder Equity = 1.27b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.23% (Net Income 232.0m / Total Assets 1.90b)
RoE = 18.24% (Net Income TTM 232.0m / Total Stockholder Equity 1.27b)
RoCE = 24.63% (EBIT 332.9m / Capital Employed (Equity 1.27b + L.T.Debt 79.8m))
RoIC = 14.50% (NOPAT 196.9m / Invested Capital 1.36b)
WACC = 6.23% (E(1.55b)/V(1.65b) * Re(6.60%) + D(100.9m)/V(1.65b) * Rd(0.99%) * (1-Tc(0.41)))
Discount Rate = 6.60% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 33.33 | Cagr: 0.08%
[DCF Debug] Terminal Value 76.14% ; FCFE base≈313.7m ; Y1≈274.0m ; Y5≈221.8m
Fair Price DCF = 32.09 (DCF Value 4.03b / Shares Outstanding 125.7m; 5y FCF grow -15.48% → 3.0% )
EPS Correlation: -25.81 | EPS CAGR: 35.42% | SUE: 0.0 | # QB: 0
Revenue Correlation: -39.02 | Revenue CAGR: -0.96% | SUE: 0.87 | # QB: 1
EPS next Year (2026-12-31): EPS=1.22 | Chg30d=-0.050 | Revisions Net=-1 | Growth EPS=-2.7% | Growth Revenue=+6.0%