(TFI) Television Francaise 1 - Overview
Exchange: PA •
Country: France •
Currency: EUR •
Type: Common Stock •
ISIN: FR0000054900
Stock: Broadcasting, Studios, Streaming, Advertising, Production
Total Rating 49
Risk 91
Buy Signal -1.28
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 7.35% |
| Yield on Cost 5y | 11.24% |
| Yield CAGR 5y | 7.46% |
| Payout Consistency | 93.6% |
| Payout Ratio | 69.8% |
| Risk 5d forecast | |
|---|---|
| Volatility | 21.7% |
| Relative Tail Risk | -7.55% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.55 |
| Alpha | 8.40 |
| Character TTM | |
|---|---|
| Beta | 0.154 |
| Beta Downside | 0.208 |
| Drawdowns 3y | |
|---|---|
| Max DD | 23.91% |
| CAGR/Max DD | 0.44 |
Description: TFI Television Francaise 1 January 15, 2026
TF1 SA (ticker TFI) is France’s leading multi-platform media group, operating free-to-air (DTT) channels such as TF1, TMC and LCI, a suite of thematic channels (e.g., Ushuaïa TV, Histoire TV), and a growing digital ecosystem that includes the MYTF1 streaming service, TFOU MAX, and the joint-venture platform Salto. Its business spans content production (New en Studios, TF1 Films), advertising sales, e-commerce, music/events, and B2B media solutions, all headquartered in Boulogne-Billancourt.
Recent quarterly reports (Q4 2023) show TF1 generating €2.5 billion in revenue, with a 12 % EBITDA margin-above the French broadcasting average of ~9 %. Digital advertising grew 8 % YoY, driven by programmatic spend, while streaming subscriptions on MYTF1 rose to 2.3 million active users, reflecting the broader sector shift toward over-the-top (OTT) consumption. Key macro drivers include France’s stable ad-spending environment, regulatory caps on foreign ownership, and competitive pressure from global streamers that compress linear TV margins.
For a deeper quantitative assessment, consult ValueRay’s detailed valuation model.
Piotroski VR‑10 (Strict, 0-10) 7.5
| Net Income: 182.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.95 > 1.0 |
| NWC/Revenue: 31.23% < 20% (prev 28.68%; Δ 2.55% < -1%) |
| CFO/TA 0.14 > 3% & CFO 522.6m > Net Income 182.6m |
| Net Debt (-408.3m) to EBITDA (754.4m): -0.54 < 3 |
| Current Ratio: 1.51 > 1.5 & < 3 |
| Outstanding Shares: last quarter (210.8m) vs 12m ago -1.85% < -2% |
| Gross Margin: 50.62% > 18% (prev 0.34%; Δ 5028 % > 0.5%) |
| Asset Turnover: 64.16% > 50% (prev 62.87%; Δ 1.29% > 0%) |
| Interest Coverage Ratio: 16.98 > 6 (EBITDA TTM 754.4m / Interest Expense TTM 16.5m) |
Altman Z'' 4.48
| A: 0.20 (Total Current Assets 2.18b - Total Current Liabilities 1.44b) / Total Assets 3.65b |
| B: 0.40 (Retained Earnings 1.45b / Total Assets 3.65b) |
| C: 0.08 (EBIT TTM 280.1m / Avg Total Assets 3.68b) |
| D: 1.28 (Book Value of Equity 2.01b / Total Liabilities 1.57b) |
| Altman-Z'' Score: 4.48 = AA |
Beneish M -3.51
| DSRI: 0.87 (Receivables 939.3m/1.07b, Revenue 2.36b/2.34b) |
| GMI: 0.67 (GM 50.62% / 33.82%) |
| AQI: 1.03 (AQ_t 0.33 / AQ_t-1 0.32) |
| SGI: 1.01 (Revenue 2.36b / 2.34b) |
| TATA: -0.09 (NI 182.6m - CFO 522.6m) / TA 3.65b) |
| Beneish M-Score: -3.51 (Cap -4..+1) = AAA |
What is the price of TFI shares?
As of February 02, 2026, the stock is trading at EUR 8.16 with a total of 140,096 shares traded.
Over the past week, the price has changed by +2.77%, over one month by -1.87%, over three months by -3.03% and over the past year by +16.12%.
Over the past week, the price has changed by +2.77%, over one month by -1.87%, over three months by -3.03% and over the past year by +16.12%.
Is TFI a buy, sell or hold?
Television Francaise 1 has no consensus analysts rating.
What are the forecasts/targets for the TFI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 10.5 | 28.4% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 9.3 | 14% |
TFI Fundamental Data Overview January 28, 2026
Market Cap USD = 2.01b (1.70b EUR * 1.1854 EUR.USD)
P/E Trailing = 9.3663
P/E Forward = 11.8483
P/S = 0.709
P/B = 0.8242
P/EG = 1.06
Revenue TTM = 2.36b EUR
EBIT TTM = 280.1m EUR
EBITDA TTM = 754.4m EUR
Long Term Debt = 43.0m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 149.8m EUR (from shortTermDebt, last quarter)
Debt = 229.7m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = -408.3m EUR (from netDebt column, last quarter)
Enterprise Value = 1.29b EUR (1.70b + Debt 229.7m - CCE 638.2m)
Interest Coverage Ratio = 16.98 (Ebit TTM 280.1m / Interest Expense TTM 16.5m)
EV/FCF = 6.08x (Enterprise Value 1.29b / FCF TTM 211.9m)
FCF Yield = 16.46% (FCF TTM 211.9m / Enterprise Value 1.29b)
FCF Margin = 8.96% (FCF TTM 211.9m / Revenue TTM 2.36b)
Net Margin = 7.72% (Net Income TTM 182.6m / Revenue TTM 2.36b)
Gross Margin = 50.62% ((Revenue TTM 2.36b - Cost of Revenue TTM 1.17b) / Revenue TTM)
Gross Margin QoQ = 8.78% (prev 65.03%)
Tobins Q-Ratio = 0.35 (Enterprise Value 1.29b / Total Assets 3.65b)
Interest Expense / Debt = 1.26% (Interest Expense 2.90m / Debt 229.7m)
Taxrate = 19.38% (11.2m / 57.8m)
NOPAT = 225.8m (EBIT 280.1m * (1 - 19.38%))
Current Ratio = 1.51 (Total Current Assets 2.18b / Total Current Liabilities 1.44b)
Debt / Equity = 0.11 (Debt 229.7m / totalStockholderEquity, last quarter 2.03b)
Debt / EBITDA = -0.54 (Net Debt -408.3m / EBITDA 754.4m)
Debt / FCF = -1.93 (Net Debt -408.3m / FCF TTM 211.9m)
Total Stockholder Equity = 2.03b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.96% (Net Income 182.6m / Total Assets 3.65b)
RoE = 9.01% (Net Income TTM 182.6m / Total Stockholder Equity 2.03b)
RoCE = 13.53% (EBIT 280.1m / Capital Employed (Equity 2.03b + L.T.Debt 43.0m))
RoIC = 10.17% (NOPAT 225.8m / Invested Capital 2.22b)
WACC = 5.83% (E(1.70b)/V(1.93b) * Re(6.48%) + D(229.7m)/V(1.93b) * Rd(1.26%) * (1-Tc(0.19)))
Discount Rate = 6.48% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -0.02%
[DCF Debug] Terminal Value 82.98% ; FCFF base≈199.5m ; Y1≈150.5m ; Y5≈90.8m
Fair Price DCF = 15.32 (EV 2.82b - Net Debt -408.3m = Equity 3.23b / Shares 210.6m; r=5.90% [WACC]; 5y FCF grow -29.07% → 2.90% )
EPS Correlation: -17.34 | EPS CAGR: -35.09% | SUE: 0.20 | # QB: 0
Revenue Correlation: -29.84 | Revenue CAGR: -11.27% | SUE: 0.05 | # QB: 0
EPS next Year (2026-12-31): EPS=1.02 | Chg30d=-0.030 | Revisions Net=-1 | Growth EPS=+10.3% | Growth Revenue=+0.9%
P/E Trailing = 9.3663
P/E Forward = 11.8483
P/S = 0.709
P/B = 0.8242
P/EG = 1.06
Revenue TTM = 2.36b EUR
EBIT TTM = 280.1m EUR
EBITDA TTM = 754.4m EUR
Long Term Debt = 43.0m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 149.8m EUR (from shortTermDebt, last quarter)
Debt = 229.7m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = -408.3m EUR (from netDebt column, last quarter)
Enterprise Value = 1.29b EUR (1.70b + Debt 229.7m - CCE 638.2m)
Interest Coverage Ratio = 16.98 (Ebit TTM 280.1m / Interest Expense TTM 16.5m)
EV/FCF = 6.08x (Enterprise Value 1.29b / FCF TTM 211.9m)
FCF Yield = 16.46% (FCF TTM 211.9m / Enterprise Value 1.29b)
FCF Margin = 8.96% (FCF TTM 211.9m / Revenue TTM 2.36b)
Net Margin = 7.72% (Net Income TTM 182.6m / Revenue TTM 2.36b)
Gross Margin = 50.62% ((Revenue TTM 2.36b - Cost of Revenue TTM 1.17b) / Revenue TTM)
Gross Margin QoQ = 8.78% (prev 65.03%)
Tobins Q-Ratio = 0.35 (Enterprise Value 1.29b / Total Assets 3.65b)
Interest Expense / Debt = 1.26% (Interest Expense 2.90m / Debt 229.7m)
Taxrate = 19.38% (11.2m / 57.8m)
NOPAT = 225.8m (EBIT 280.1m * (1 - 19.38%))
Current Ratio = 1.51 (Total Current Assets 2.18b / Total Current Liabilities 1.44b)
Debt / Equity = 0.11 (Debt 229.7m / totalStockholderEquity, last quarter 2.03b)
Debt / EBITDA = -0.54 (Net Debt -408.3m / EBITDA 754.4m)
Debt / FCF = -1.93 (Net Debt -408.3m / FCF TTM 211.9m)
Total Stockholder Equity = 2.03b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.96% (Net Income 182.6m / Total Assets 3.65b)
RoE = 9.01% (Net Income TTM 182.6m / Total Stockholder Equity 2.03b)
RoCE = 13.53% (EBIT 280.1m / Capital Employed (Equity 2.03b + L.T.Debt 43.0m))
RoIC = 10.17% (NOPAT 225.8m / Invested Capital 2.22b)
WACC = 5.83% (E(1.70b)/V(1.93b) * Re(6.48%) + D(229.7m)/V(1.93b) * Rd(1.26%) * (1-Tc(0.19)))
Discount Rate = 6.48% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -0.02%
[DCF Debug] Terminal Value 82.98% ; FCFF base≈199.5m ; Y1≈150.5m ; Y5≈90.8m
Fair Price DCF = 15.32 (EV 2.82b - Net Debt -408.3m = Equity 3.23b / Shares 210.6m; r=5.90% [WACC]; 5y FCF grow -29.07% → 2.90% )
EPS Correlation: -17.34 | EPS CAGR: -35.09% | SUE: 0.20 | # QB: 0
Revenue Correlation: -29.84 | Revenue CAGR: -11.27% | SUE: 0.05 | # QB: 0
EPS next Year (2026-12-31): EPS=1.02 | Chg30d=-0.030 | Revisions Net=-1 | Growth EPS=+10.3% | Growth Revenue=+0.9%