Metropole Television SA

Chart & Performance

D1W1MN

P/E

5.89

P/S

1.05

EPS

1.86

Div Yield, %

9.61%

Shrs. gr., 5y

-0.02%

Rev. gr., 5y

-1.53%

Revenues

1.32b

-3.30%

Net income

234m

+44.95%

CFO

307m

+3.09%

Dividend

Apr 30, 20241.25 EUR/sh

Earnings

Feb 11, 2025

Profile

Métropole Télévision S.A. provides a range of programs, products, and services on various media. It operates through four segments: Television, Radio, Production and Audiovisual Rights, and Diversification. The company operates free-to-air channels, including M6, W9, 6TER, and Gulli; pay channels, such as Paris Première, Téva, sérieclub, Canal J, Tiji, M6 Music, MCM, MCM Top, and RFM TV; on-demand televisions comprising 6play, Gulli Max, and Gulli Replay; and advertising agency, as well as produces news magazines comprising Capital, Zone Interdite, Enquête Exclusive, 66 Minutes, and Enquêtes criminelles for W9. It also operates radio stations that include RTL, RTL2, and Fun Radio; distributes audiovisual film rights; and produces and co-produces films. In addition, the company engages in the TV channel broadcasting business; production, co-production, or co-distribution of short and long-playing formats, which comprise singles and albums, as well as compilations on physical and digital formats; and events and shows, including concerts, stand-up comedians, music shows, exhibitions, etc. Further, it engages in the program production, digital production and publishing, merchandising rights exploitation, estate agency, animated feature films production, Internet content and access provision, print publications, and teleshopping program activities. It also provides training and wholesale trade services; sells house; and develops cinematographic works. Métropole Télévision S.A. was incorporated in 1986 and is headquartered in Neuilly-sur-Seine, France.

URL

https://www.groupem6.fr/

IPO date

Sep 28, 1994

Employees

1,600

Domiciled in

Incorporated in

Valuation

Order:

Title EUR in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title EUR in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	1,315,700 -3.30%	1,360,600 -2.14%	1,390,400 9.17%
Cost of revenue	884,400	901,600	949,100
Unusual Expense (Income)
NOPBT	431,300	459,000	441,300
NOPBT Margin	32.78%	33.74%	31.74%
Operating Taxes	87,600	75,300	77,400
Tax Rate	20.31%	16.41%	17.54%
NOPAT	343,700	383,700	363,900
Net income	234,100 44.95%	161,500 -42.51%	280,900 1.52%
Dividends	(132,500)	(132,100)	(189,400)
Dividend yield	8.10%	6.78%	8.72%
Proceeds from repurchase of equity	(6,600)	(14,500)	(10,100)
BB yield	0.40%	0.74%	0.46%
Debt
Debt current	56,200	6,400	17,200
Long-term debt	95,100	139,100	143,400
Deferred revenue	100	13,300	17,400
Other long-term liabilities	35,500	36,800	41,500
Net debt	(449,600)	(358,900)	(335,000)
Cash flow
Cash from operating activities	306,700	297,500	460,000
CAPEX	(6,000)	(76,200)	(101,600)
Cash from investing activities	(64,300)	(81,900)	(71,500)
Cash from financing activities	(172,700)	(190,000)	(236,700)
FCF	315,100	370,300	479,200
Balance
Cash	444,900	375,300	352,900
Long term investments	156,000	129,100	142,700
Excess cash	535,115	436,370	426,080
Stockholders' equity	1,341,500	1,401,200	1,479,500
Invested Capital	980,085	982,030	972,120
ROIC	35.03%	39.27%	37.05%
ROCE	27.66%	30.80%	29.93%
EV
Common stock shares outstanding	126,355	126,855	126,643
Price	12.94 -15.70%	15.35 -10.55%	17.16 29.41%
Market cap	1,635,034 -16.03%	1,947,224 -10.40%	2,173,187 29.83%
EV	1,221,134	1,627,324	1,884,887
EBITDA	539,500	557,600	531,000
EV/EBITDA	2.26	2.92	3.55
Interest
Interest/NOPBT