(MFEB) MFE MEDIAFOREUROPE - Overview
Sector: Communication Services | Industry: Broadcasting | Exchange: MI (Italy) | Market Cap: 2.517m EUR | Total Return: -5.9% in 12m
Avg Turnover: 1.27M
Qual. Beats: 0
Rev. Trend: 93.5%
Qual. Beats: 0
Warnings
Share dilution 37.9% YoY
Altman Z'' 0.92 < 1.0 - financial distress zone
Tailwinds
Confidence
MFE-Mediaforeurope N.V. is a major commercial broadcaster operating primarily in the Italian and Spanish media markets. The company manages an integrated business model encompassing content production, third-party acquisition, and distribution across linear television, radio, and digital platforms. Its revenue generation is heavily anchored in advertising sales, managed through internal concessionaires that provide cross-media coverage for both proprietary and third-party publishers.
The broadcasting sector is currently characterized by a shift toward non-linear distribution, requiring legacy media firms to invest in streaming infrastructure to offset traditional viewership declines. MFE’s operations include specialized units like Digitalia and Publieurope, which extend its advertising reach into foreign markets and diverse publishing segments. Investors may find it useful to examine ValueRay for deeper insights into the companys valuation metrics.
Formerly known as Mediaset S.p.A., the firm underwent a corporate restructuring in 2021 to facilitate pan-European consolidation within the media industry. Headquartered in Milan, the company maintains a vertically integrated structure that controls the lifecycle of media assets from film production to final consumer merchandising.
- Consolidated pan-European advertising demand dictates core television and radio revenue growth
- Strategic stake in ProSiebenSat.1 influences long-term regional consolidation and scale
- High operational leverage links profit margins to Italian and Spanish GDP fluctuations
- Digital transformation and streaming platform expansion offset traditional linear viewership declines
- Content production costs and licensing rights competition impact free-to-air operating margins
| Net Income: 274.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -1.83 > 1.0 |
| NWC/Revenue: -12.05% < 20% (prev -1.54%; Δ -10.51% < -1%) |
| CFO/TA 0.12 > 3% & CFO 1.10b > Net Income 274.6m |
| Net Debt (-450.0m) to EBITDA (1.04b): -0.43 < 3 |
| Current Ratio: 0.80 > 1.5 & < 3 |
| Outstanding Shares: last quarter (699.6m) vs 12m ago 24.68% < -2% |
| Gross Margin: 38.66% > 18% (prev 0.43%; Δ 3.82k% > 0.5%) |
| Asset Turnover: 76.30% > 50% (prev 71.61%; Δ 4.69% > 0%) |
| Interest Coverage Ratio: 8.44 > 6 (EBITDA TTM 1.04b / Interest Expense TTM 42.0m) |
| A: -0.07 (Total Current Assets 2.58b - Total Current Liabilities 3.24b) / Total Assets 9.51b |
| B: 0.21 (Retained Earnings 2.02b / Total Assets 9.51b) |
| C: 0.05 (EBIT TTM 354.6m / Avg Total Assets 7.15b) |
| D: 0.33 (Book Value of Equity 2.02b / Total Liabilities 6.05b) |
| Altman-Z'' = 0.92 = BB |
| DSRI: 0.93 (Receivables 1.16b/783.9m, Revenue 5.46b/3.43b) |
| GMI: 1.12 (GM 38.66% / 43.40%) |
| AQI: 0.96 (AQ_t 0.64 / AQ_t-1 0.66) |
| SGI: 1.59 (Revenue 5.46b / 3.43b) |
| TATA: -0.09 (NI 274.6m - CFO 1.10b) / TA 9.51b) |
| Beneish M = -2.66 (Cap -4..+1) = A |
As of May 30, 2026, the stock is trading at EUR 3.76 with a total of 487,184 shares traded.
Over the past week, the price has changed by +4.45%,
over one month by +0.59%,
over three months by -6.05% and
over the past year by -5.90%.
MFE MEDIAFOREUROPE has no consensus analysts rating.
P/E Trailing = 11.9933
P/E Forward = 14.2653
P/S = 0.5228
P/B = 0.7257
P/EG = 32.6097
Revenue TTM = 5.46b EUR
EBIT TTM = 354.6m EUR
EBITDA TTM = 1.04b EUR
Long Term Debt = 2.66b EUR (from longTermDebt, last quarter)
Short Term Debt = 258.1m EUR (from shortLongTermDebt, last fiscal year)
Debt = 198.2m EUR (Leases only: 198.2m)
Net Debt = -450.0m EUR (calculated: Debt 198.2m - CCE 648.2m)
Enterprise Value = 2.07b EUR (2.52b + Debt 198.2m - CCE 648.2m)
Interest Coverage Ratio = 8.44 (Ebit TTM 354.6m / Interest Expense TTM 42.0m)
EV/FCF = 3.83x (Enterprise Value 2.07b / FCF TTM 540.4m)
FCF Yield = 26.14% (FCF TTM 540.4m / Enterprise Value 2.07b)
FCF Margin = 9.90% (FCF TTM 540.4m / Revenue TTM 5.46b)
Net Margin = 5.03% (Net Income TTM 274.6m / Revenue TTM 5.46b)
Gross Margin = 38.66% ((Revenue TTM 5.46b - Cost of Revenue TTM 3.35b) / Revenue TTM)
Gross Margin QoQ = 36.29% (prev 39.85%)
Tobins Q-Ratio = 0.22 (Enterprise Value 2.07b / Total Assets 9.51b)
Interest Expense / Debt = 21.19% (Interest Expense 42.0m / Debt 198.2m)
Taxrate = 22.59% (92.5m / 409.5m)
NOPAT = 274.5m (EBIT 354.6m * (1 - 22.59%))
Current Ratio = 0.80 (Total Current Assets 2.58b / Total Current Liabilities 3.24b)
Debt / Equity = 0.06 (Debt 198.2m / totalStockholderEquity, last quarter 3.47b)
Debt / EBITDA = -0.43 (Net Debt -450.0m / EBITDA 1.04b)
Debt / FCF = -0.83 (Net Debt -450.0m / FCF TTM 540.4m)
Total Stockholder Equity = 3.30b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.84% (Net Income 274.6m / Total Assets 9.51b)
RoE = 8.31% (Net Income TTM 274.6m / Total Stockholder Equity 3.30b)
RoCE = 5.95% (EBIT 354.6m / Capital Employed (Equity 3.30b + L.T.Debt 2.66b))
RoIC = 4.57% (NOPAT 274.5m / Invested Capital 6.00b)
WACC = 7.95% (E(2.52b)/V(2.72b) * Re(7.28%) + D(198.2m)/V(2.72b) * Rd(21.19%) * (1-Tc(0.23)))
Discount Rate = 7.28% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -46.00 | Cagr: -56.14%
[DCF] Terminal Value 77.97% ; FCFF base≈468.1m ; Y1≈536.6m ; Y5≈789.8m
[DCF] Fair Price = 53.69 (EV 11.9b - Net Debt -450.0m = Equity 12.3b / Shares 229.7m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.04 | # QB: 0
Revenue Correlation: 93.54 | Revenue CAGR: 23.23% | SUE: 0.01 | # QB: 0
EPS current Year (2026-12-31): EPS=0.51 | Chg30d=-1.26% | Revisions=N/A | GrowthEPS=+37.9% | GrowthRev=+61.9%
EPS next Year (2027-12-31): EPS=0.57 | Chg30d=-1.57% | Revisions=+0% | GrowthEPS=+11.9% | GrowthRev=+1.1%
[Analyst] Revisions Ratio: +0%