(MMT) Métropole Télévision S.A. - Overview
Stock: Television, Radio, Production, Digital Content
| Risk 5d forecast | |
|---|---|
| Volatility | 18.9% |
| Relative Tail Risk | 1.86% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.34 |
| Alpha | -9.37 |
| Character TTM | |
|---|---|
| Beta | 0.095 |
| Beta Downside | -0.244 |
| Drawdowns 3y | |
|---|---|
| Max DD | 25.00% |
| CAGR/Max DD | 0.00 |
Description: MMT Métropole Télévision S.A. March 05, 2026
Métropole Télévision S.A. (MMT) is a French multimedia group with operations across several segments: Video, Audio, Production and Audiovisual Rights, and Diversification.
The companys Video segment includes free-to-air channels (M6, W9, 6TER, Gulli), pay channels (Paris Première, Téva, sérieclub, Canal J, Tiji, M6 Music, MCM Top, RFM TV), and non-linear TV services (M6+, M6+ Max, Gulli Max, Gulli Replay). This segment also produces current affairs magazines.
The Audio segment operates radio stations like RTL, RTL2, and Fun Radio. Broadcast media companies often diversify revenue streams beyond traditional advertising, such as through subscription services and content syndication.
The Production and Audiovisual Rights segment focuses on film production for various platforms and the distribution of audiovisual rights. This is a common strategy in the media industry to leverage content across multiple channels and geographies.
MMTs Diversification segment encompasses a broad range of activities, including property franchisees, technical platforms, digital production, animated feature film production, film distribution, internet content provision, estate agency, sports, event production, print publication, childrens play centers, and cinematographic work development. This wide diversification aims to mitigate risks associated with the cyclical nature of advertising revenue.
Further research on ValueRay can provide detailed financial metrics and competitive analysis for MMT.
Headlines to watch out for
- Advertising revenue from free-to-air channels impacts profitability
- Subscription growth for pay channels boosts recurring income
- Regulatory changes in French media sector pose compliance risks
- Economic downturn reduces advertising spend and consumer subscriptions
- Content production costs directly affect operating margins
Piotroski VR‑10 (Strict, 0-10) 7.5
| Net Income: 221.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.19 > 0.02 and ΔFCF/TA 7.51 > 1.0 |
| NWC/Revenue: 26.13% < 20% (prev 43.52%; Δ -17.39% < -1%) |
| CFO/TA 0.23 > 3% & CFO 432.0m > Net Income 221.7m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 2.06 > 1.5 & < 3 |
| Outstanding Shares: last quarter (126.4m) vs 12m ago 0.52% < -2% |
| Gross Margin: 48.61% > 18% (prev 0.40%; Δ 4822 % > 0.5%) |
| Asset Turnover: 96.58% > 50% (prev 65.61%; Δ 30.97% > 0%) |
| Interest Coverage Ratio: 100.8 > 6 (EBITDA TTM -127.7m / Interest Expense TTM 2.20m) |
Altman Z'' 2.58
| A: 0.26 (Total Current Assets 971.3m - Total Current Liabilities 472.2m) / Total Assets 1.90b |
| B: 0.03 (Retained Earnings 59.2m / Total Assets 1.90b) |
| C: 0.11 (EBIT TTM 221.7m / Avg Total Assets 1.98b) |
| D: 0.0 (Book Value of Equity 0.0 / Total Liabilities 641.2m) |
| Altman-Z'' Score: 2.58 = A |
Beneish M
| DSRI: none (Receivables none/277.8m, Revenue 1.91b/1.35b) |
| GMI: 0.82 (GM 48.61% / 39.69%) |
| AQI: none (AQ_t none / AQ_t-1 none) |
| SGI: 1.41 (Revenue 1.91b / 1.35b) |
| TATA: -0.11 (NI 221.7m - CFO 432.0m) / TA 1.90b) |
| Beneish M-Score: cannot calculate (missing components) |
What is the price of MMT shares?
Over the past week, the price has changed by +2.83%, over one month by -4.75%, over three months by -0.17% and over the past year by -3.42%.
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 | 12.5 | 7.4% |
| Analysts Target Price | - | - |
MMT Fundamental Data Overview March 08, 2026
P/E Trailing = 10.785
P/E Forward = 11.9617
P/S = 1.1562
P/B = 1.1651
P/EG = 3.7724
Revenue TTM = 1.91b EUR
EBIT TTM = 221.7m EUR
EBITDA TTM = -127.7m EUR
Long Term Debt = 79.8m EUR (from longTermDebt, two quarters ago)
Short Term Debt = 10.1m EUR (from shortTermDebt, two quarters ago)
Debt = 100.9m EUR (from shortLongTermDebtTotal, two quarters ago)
Net Debt = 100.9m EUR (using Total Debt 100.9m, CCE unavailable)
Enterprise Value = 1.55b EUR (1.45b + Debt 100.9m - (null CCE))
Interest Coverage Ratio = 100.8 (Ebit TTM 221.7m / Interest Expense TTM 2.20m)
EV/FCF = 4.27x (Enterprise Value 1.55b / FCF TTM 363.2m)
FCF Yield = 23.39% (FCF TTM 363.2m / Enterprise Value 1.55b)
FCF Margin = 19.01% (FCF TTM 363.2m / Revenue TTM 1.91b)
Net Margin = 11.61% (Net Income TTM 221.7m / Revenue TTM 1.91b)
Gross Margin = 48.61% ((Revenue TTM 1.91b - Cost of Revenue TTM 981.6m) / Revenue TTM)
Gross Margin QoQ = none% (prev 19.58%)
Tobins Q-Ratio = 0.82 (Enterprise Value 1.55b / Total Assets 1.90b)
Interest Expense / Debt = 0.99% (Interest Expense 1.00m / Debt 100.9m)
Taxrate = 6.20% (4.00m / 64.5m)
NOPAT = 208.0m (EBIT 221.7m * (1 - 6.20%))
Current Ratio = 2.06 (Total Current Assets 971.3m / Total Current Liabilities 472.2m)
Debt / Equity = 0.08 (Debt 100.9m / totalStockholderEquity, two quarters ago 1.23b)
Debt / EBITDA = -0.79 (negative EBITDA) (Net Debt 100.9m / EBITDA -127.7m)
Debt / FCF = 0.28 (Net Debt 100.9m / FCF TTM 363.2m)
Total Stockholder Equity = 1.27b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.21% (Net Income 221.7m / Total Assets 1.90b)
RoE = 17.43% (Net Income TTM 221.7m / Total Stockholder Equity 1.27b)
RoCE = 16.40% (EBIT 221.7m / Capital Employed (Equity 1.27b + L.T.Debt 79.8m))
RoIC = 15.31% (NOPAT 208.0m / Invested Capital 1.36b)
WACC = 5.92% (E(1.45b)/V(1.55b) * Re(6.27%) + D(100.9m)/V(1.55b) * Rd(0.99%) * (1-Tc(0.06)))
Discount Rate = 6.27% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 33.33 | Cagr: 0.04%
[DCF] Terminal Value 84.76% ; FCFF base≈313.7m ; Y1≈274.0m ; Y5≈221.3m
[DCF] Fair Price = 52.21 (EV 6.66b - Net Debt 100.9m = Equity 6.56b / Shares 125.7m; r=5.92% [WACC]; 5y FCF grow -15.48% → 2.90% )
EPS Correlation: -38.73 | EPS CAGR: -47.24% | SUE: 0.0 | # QB: 0
Revenue Correlation: -70.34 | Revenue CAGR: -8.59% | SUE: -0.00 | # QB: 0
EPS current Year (2026-12-31): EPS=0.90 | Chg7d=-0.044 | Chg30d=-0.044 | Revisions Net=-1 | Growth EPS=+0.0% | Growth Revenue=+2.9%
EPS next Year (2027-12-31): EPS=1.28 | Chg7d=-0.089 | Chg30d=-0.089 | Revisions Net=-4 | Growth EPS=+41.6% | Growth Revenue=-2.3%
[Analyst] Revisions Ratio: -0.20 (2 Up / 3 Down within 30d for Current Year)
[Growth] Implied Growth Rate = -1.3% (Discount Rate 7.9% - Earnings Yield 9.3%)
[Growth] Growth Spread = -1.0% (Analyst -2.3% - Implied -1.3%)