(MMB) Lagardere SCA - Ratings and Ratios
Books, E-Books, Newsstands, Duty-Free Shops, Travel Cafes
Description: MMB Lagardere SCA
Lagardere SA is a global content publishing, production, broadcasting, and distribution company with operations in multiple countries, including France, the UK, the US, and Spain. The companys diverse business segments include Lagardère Publishing, which covers book publishing and e-publishing across various categories, and Lagardère Travel Retail, which operates retail activities in transit areas, offering travel essentials, duty-free products, and food services.
The companys retail operations are conducted through a range of international store names, such as Relay and Aelia Duty Free, as well as franchises and licenses with partners like TripAdvisor and Nespresso. With a history dating back to 1826, Lagardere SA is headquartered in Paris, France, and operates as a subsidiary of Vivendi SE. To evaluate the companys performance, key performance indicators (KPIs) such as revenue growth, operating margin, and return on equity (ROE) can be considered. The companys ROE of 34.39% indicates a strong return on shareholder equity.
Further analysis of Lagardere SAs financials reveals that its market capitalization stands at approximately €3.03 billion, with a price-to-earnings (P/E) ratio of 17.46 and a forward P/E ratio of 11.44. These metrics suggest that the company is trading at a reasonable valuation relative to its earnings. To gain a deeper understanding of the companys prospects, it may be useful to examine its revenue segmentation, geographic diversification, and competitive positioning within the publishing and travel retail industries.
From a growth perspective, Lagardere SAs exposure to the growing e-publishing market and its presence in high-growth travel retail segments, such as duty-free and fashion, could be key drivers. The companys ability to adapt to changing consumer behaviors and its capacity to innovate in areas like digital publishing and e-commerce will be crucial in determining its future success. Monitoring KPIs such as same-store sales growth, online sales penetration, and new store openings can provide insights into the companys growth trajectory.
MMB Stock Overview
| Market Cap in USD | 3,383m |
| Sub-Industry | Hotels, Resorts & Cruise Lines |
| IPO / Inception |
MMB Stock Ratings
| Growth Rating | 14.4% |
| Fundamental | 74.8% |
| Dividend Rating | 56.5% |
| Return 12m vs S&P 500 | -18.6% |
| Analyst Rating | - |
MMB Dividends
| Dividend Yield 12m | 3.28% |
| Yield on Cost 5y | 4.65% |
| Annual Growth 5y | 9.14% |
| Payout Consistency | 84.1% |
| Payout Ratio | 45.0% |
MMB Growth Ratios
| Growth Correlation 3m | 1.2% |
| Growth Correlation 12m | -7.8% |
| Growth Correlation 5y | 28.3% |
| CAGR 5y | 7.19% |
| CAGR/Max DD 5y | 0.15 |
| Sharpe Ratio 12m | -0.20 |
| Alpha | -13.67 |
| Beta | 0.367 |
| Volatility | 15.45% |
| Current Volume | 3.8k |
| Average Volume 20d | 8.9k |
| Stop Loss | 19.8 (-3.4%) |
| Signal | -2.11 |
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income (291.0m TTM) > 0 and > 6% of Revenue (6% = 1.07b TTM) |
| FCFTA 0.16 (>2.0%) and ΔFCFTA 10.67pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -4.88% (prev -15.72%; Δ 10.84pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.25 (>3.0%) and CFO 2.36b > Net Income 291.0m (YES >=105%, WARN >=100%) |
| Net Debt (4.50b) to EBITDA (1.58b) ratio: 2.86 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.78 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (141.6m) change vs 12m ago -0.65% (target <= -2.0% for YES) |
| Gross Margin 38.07% (prev 16.25%; Δ 21.82pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 195.5% (prev 108.0%; Δ 87.53pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 3.61 (EBITDA TTM 1.58b / Interest Expense TTM 254.0m) >= 6 (WARN >= 3) |
Altman Z'' 0.31
| (A) -0.09 = (Total Current Assets 3.05b - Total Current Liabilities 3.92b) / Total Assets 9.45b |
| (B) 0.03 = Retained Earnings (Balance) 275.0m / Total Assets 9.45b |
| (C) 0.10 = EBIT TTM 916.0m / Avg Total Assets 9.08b |
| (D) 0.13 = Book Value of Equity 1.14b / Total Liabilities 8.65b |
| Total Rating: 0.31 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 74.79
| 1. Piotroski 6.0pt = 1.0 |
| 2. FCF Yield 31.88% = 5.0 |
| 3. FCF Margin 8.57% = 2.14 |
| 4. Debt/Equity 2.82 = -0.50 |
| 5. Debt/Ebitda 1.44 = 1.07 |
| 6. ROIC - WACC 12.60% = 12.50 |
| 7. RoE 34.39% = 2.50 |
| 8. Rev. Trend 73.65% = 3.68 |
| 9. Rev. CAGR 0.0% = 0.0 |
| 10. EPS Trend -26.87% = -0.67 |
| 11. EPS CAGR -15.48% = -1.93 |
What is the price of MMB shares?
Over the past week, the price has changed by -0.73%, over one month by -0.24%, over three months by +0.49% and over the past year by -4.78%.
Is Lagardere SCA a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of MMB is around 20.09 EUR . This means that MMB is currently overvalued and has a potential downside of -2%.
Is MMB a buy, sell or hold?
What are the forecasts/targets for the MMB price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 27.8 | 35.8% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 21.6 | 5.2% |
MMB Fundamental Data Overview
Market Cap EUR = 2.90b (2.90b EUR * 1.0 EUR.EUR)
CCE Cash And Equivalents = 396.0m EUR (last quarter)
P/E Trailing = 13.7584
P/E Forward = 11.0865
P/S = 0.3167
P/B = 3.6212
Beta = 0.855
Revenue TTM = 17.75b EUR
EBIT TTM = 916.0m EUR
EBITDA TTM = 1.58b EUR
Long Term Debt = 1.91b EUR (from longTermDebt, last quarter)
Short Term Debt = 353.0m EUR (from shortTermDebt, last quarter)
Debt = 2.26b EUR (Calculated: Short Term 353.0m + Long Term 1.91b)
Net Debt = 4.50b EUR (from netDebt column, last fiscal year)
Enterprise Value = 4.77b EUR (2.90b + Debt 2.26b - CCE 396.0m)
Interest Coverage Ratio = 3.61 (Ebit TTM 916.0m / Interest Expense TTM 254.0m)
FCF Yield = 31.88% (FCF TTM 1.52b / Enterprise Value 4.77b)
FCF Margin = 8.57% (FCF TTM 1.52b / Revenue TTM 17.75b)
Net Margin = 1.64% (Net Income TTM 291.0m / Revenue TTM 17.75b)
Gross Margin = 38.07% ((Revenue TTM 17.75b - Cost of Revenue TTM 10.99b) / Revenue TTM)
Tobins Q-Ratio = 4.19 (Enterprise Value 4.77b / Book Value Of Equity 1.14b)
Interest Expense / Debt = 0.49% (Interest Expense 11.0m / Debt 2.26b)
Taxrate = 38.60% (from yearly Income Tax Expense: 127.0m / 329.0m)
NOPAT = 562.4m (EBIT 916.0m * (1 - 38.60%))
Current Ratio = 0.78 (Total Current Assets 3.05b / Total Current Liabilities 3.92b)
Debt / Equity = 2.82 (Debt 2.26b / last Quarter total Stockholder Equity 802.0m)
Debt / EBITDA = 1.44 (Net Debt 4.50b / EBITDA 1.58b)
Debt / FCF = 1.49 (Debt 2.26b / FCF TTM 1.52b)
Total Stockholder Equity = 846.2m (last 4 quarters mean)
RoA = 3.08% (Net Income 291.0m, Total Assets 9.45b )
RoE = 34.39% (Net Income TTM 291.0m / Total Stockholder Equity 846.2m)
RoCE = 33.23% (Ebit 916.0m / (Equity 846.2m + L.T.Debt 1.91b))
RoIC = 16.88% (NOPAT 562.4m / Invested Capital 3.33b)
WACC = 4.27% (E(2.90b)/V(5.17b) * Re(7.37%)) + (D(2.26b)/V(5.17b) * Rd(0.49%) * (1-Tc(0.39)))
Shares Correlation 5-Years: 60.0 | Cagr: 0.30%
Discount Rate = 7.37% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 81.43% ; FCFE base≈1.10b ; Y1≈1.36b ; Y5≈2.32b
Fair Price DCF = 278.3 (DCF Value 39.43b / Shares Outstanding 141.7m; 5y FCF grow 25.0% → 3.0% )
Revenue Correlation: 73.65 | Revenue CAGR: 0.0%
Rev Growth-of-Growth: -12.45
EPS Correlation: -26.87 | EPS CAGR: -15.48%
EPS Growth-of-Growth: 373.4