A3M Stock Analysis: Atresmedia Corporación de | MC
Entertainment | MC, Spain | Market Cap: 1.290m EUR | 12M Return: 12.1% | ES0109427734 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 2.34M
Qual. Beats: 0
Rev. Trend: -19.8%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Atresmedia Corporación de Medios de Comunicación, S.A. (A3M) is a Spanish audiovisual media company headquartered in Madrid, founded in 1988 (formerly known as Antena 3 de Televisión). It operates across television, radio, digital/multimedia, cinema, and events, both in Spain and internationally, with activities spanning content creation, production, distribution, marketing, and rights management.
The companys portfolio includes major broadcast brands such as Antena 3, La Sexta, Onda Cero, Europa FM, Mega, Atreseries, and Melodía FM, along with Atresplayer, its video-on-demand streaming platform. It also engages in ancillary services including advertising management, TV management, travel, and document management for audiovisual products.
As a major player in Spains broadcasting sector, Atresmedia generates the bulk of its revenue through advertising sales on its free-to-air television channels, while its Atresplayer platform reflects the broader industry shift toward digital and on-demand consumption. The Spanish audiovisual market is an oligopoly, with Atresmedia and Mediaset España historically competing as the two principal free-to-air television groups.
- Spanish TV advertising recovery drives core revenue growth
- Atresplayer subscription scale-up offsets linear TV decline
- Spanish audiovisual regulation tightens advertising and content rules
| Net Income: 54.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 0.95 > 1.0 |
| NWC/Revenue: 44.39% < 20% (prev 24.20%; Δ 20.18% < -1%) |
| CFO/TA 0.10 > 3% & CFO 155.8m > Net Income 54.7m |
| Net Debt (-63.3m) to EBITDA (93.0m): -0.68 < 3 |
| Current Ratio: 1.89 > 1.5 & < 3 |
| Outstanding Shares: last quarter (225.7m) vs 12m ago 0.0% < -2% |
| Gross Margin: 18.52% > 18% (prev 36.24%; Δ -17.72% > 0.5%) |
| Asset Turnover: 57.15% > 50% (prev 67.48%; Δ -10.33% > 0%) |
| Interest Coverage Ratio: 8.90 > 6 (EBIT TTM 75.4m / Interest Expense TTM 8.48m) |
| A: 0.24 (Total Current Assets 798.4m - Total Current Liabilities 423.1m) / Total Assets 1.54b |
| B: 0.28 (Retained Earnings 434.9m / Total Assets 1.54b) |
| C: 0.05 (EBIT TTM 75.4m / Avg Total Assets 1.48b) |
| D: 1.11 (Book Value of Equity 810.6m / Total Liabilities 730.8m) |
| Altman-Z'' = 4.02 = AA |
| DSRI: 1.12 (Receivables 270.6m/274.1m, Revenue 845.5m/956.1m) |
| GMI: 1.96 (GM 36.24% / 18.52%) |
| AQI: 1.10 (AQ_t 0.45 / AQ_t-1 0.41) |
| SGI: 0.88 (Revenue 845.5m / 956.1m) |
| TATA: -0.07 (NI 54.7m - CFO 155.8m) / TA 1.54b) |
| Beneish M = -2.09 (Cap -4..+1) = BB |
As of October 14, 2026, the stock is trading at EUR 5.70 with a total of 266,060 shares traded. Over the past week, the price has changed by -0.18%, over one month by +9.62%, over three months by +18.75% and over the past year by +12.10%.
Current recommended Stop Loss: 5.50 (which is 3.5% or 1.8 ATR below the current price).
Atresmedia Corporación de has no consensus analysts rating.
P/E Trailing = 23.875
P/E Forward = 8.2713
P/S = 1.4285
P/B = 1.4639
P/EG = 2.9827
Revenue TTM = 845.5m EUR
EBIT TTM = 75.4m EUR
EBITDA TTM = 93.0m EUR
Long Term Debt = 208.2m EUR (from longTermDebt, last quarter)
Short Term Debt = 2.88m EUR (from shortTermDebt, last quarter)
Debt = 218.2m EUR (from shortLongTermDebtTotal, last quarter) + Leases 4.22m
Net Debt = -63.3m EUR (calculated: Debt 218.2m - CCE 281.5m)
Enterprise Value = 1.23b EUR (1.29b + Debt 218.2m - CCE 281.5m)
Interest Coverage Ratio = 8.90 (Ebit TTM 75.4m / Interest Expense TTM 8.48m)
EV/FCF = 9.87x (Enterprise Value 1.23b / FCF TTM 124.3m)
FCF Yield = 10.13% (FCF TTM 124.3m / Enterprise Value 1.23b)
FCF Margin = 14.70% (FCF TTM 124.3m / Revenue TTM 845.5m)
Net Margin = 6.47% (Net Income TTM 54.7m / Revenue TTM 845.5m)
Gross Margin = 18.52% ((Revenue TTM 845.5m - Cost of Revenue TTM 688.9m) / Revenue TTM)
Gross Margin QoQ = 30.44% (prev 30.44%)
Tobins Q-Ratio = 0.80 (Enterprise Value 1.23b / Total Assets 1.54b)
Interest Expense / Debt = 3.89% (Interest Expense 8.48m / Debt 218.2m)
Taxrate = 31.14% (22.2m / 71.4m)
NOPAT = 51.9m (EBIT 75.4m * (1 - 31.14%))
Current Ratio = 1.89 (Total Current Assets 798.4m / Total Current Liabilities 423.1m)
Debt / Equity = 0.27 (Debt 218.2m / totalStockholderEquity, last quarter 810.6m)
Debt / EBITDA = -0.68 (Net Debt -63.3m / EBITDA 93.0m)
Debt / FCF = -0.51 (Net Debt -63.3m / FCF TTM 124.3m)
Total Stockholder Equity = 771.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.70% (Net Income 54.7m / Total Assets 1.54b)
RoE = 7.09% (Net Income TTM 54.7m / Total Stockholder Equity 771.8m)
RoCE = 7.70% (EBIT 75.4m / Capital Employed (Equity 771.8m + L.T.Debt 208.2m))
RoIC = 4.81% (NOPAT 51.9m / Invested Capital 1.08b)
WACC = 5.16% (E(1.29b)/V(1.51b) * Re(5.58%) + D(218.2m)/V(1.51b) * Rd(3.89%) * (1-Tc(0.31)))
Discount Rate = 5.58% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -19.01 | Cagr: 0.0%
[DCF] Terminal Value 77.97% ; FCFF base≈114.9m ; Y1≈131.7m ; Y5≈193.8m
[DCF] Fair Price = 13.23 (EV 2.92b - Net Debt -63.3m = Equity 2.98b / Shares 225.2m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.81 | # QB: 0
Revenue Correlation: -19.80 | Revenue CAGR: -0.78% | SUE: -0.80 | # QB: 0
EPS current Year (2026-12-31): EPS=0.44 | Chg30d=-1.48% | Revisions=+0% | GrowthEPS=+58.9% | GrowthRev=+6.2%
EPS next Year (2027-12-31): EPS=0.48 | Chg30d=-0.64% | Revisions=+25% | GrowthEPS=+7.4% | GrowthRev=+5.5%
[Analyst] Revisions Ratio: +25% (up=1, down=0)