MMT Stock Analysis: Métropole Télévision S.A. | PA
Broadcasting | PA, France | Market Cap: 1.275m EUR | 12M Return: 7.7% | FR0000053225 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 1.26M
Warnings
Tailwinds
Seasonality
Métropole Télévision S.A. (MMT) is a French multimedia conglomerate operating across four primary segments: Video, Audio, Production and Audiovisual Rights, and Diversification. The group manages a portfolio of free-to-air and pay-TV channels, including M6 and W9, alongside non-linear streaming platforms and major radio stations such as RTL and Fun Radio. Its operations extend into film production, distribution, and diverse ancillary businesses ranging from real estate to event production.
The broadcasting sector relies heavily on advertising revenue, which is cyclical and sensitive to macroeconomic fluctuations. As a vertically integrated media entity, MMT mitigates risk by controlling the entire lifecycle of content, from initial production and theatrical distribution to secondary broadcast rights and digital streaming.
Investors can further evaluate the companys historical performance and valuation metrics at ValueRay. Headquartered in Neuilly-sur-Seine, MMT maintains a significant presence in the French audiovisual market through its multi-channel distribution strategy and broad content library.
- French advertising market cyclicality dictates core linear television revenue performance
- M6+ streaming platform expansion drives digital advertising and subscription growth
- Programming cost inflation impacts margins amid intense domestic content competition
- Regulatory landscape changes regarding broadcast licenses and media consolidation potential
- Consumer discretionary spending levels influence radio and audiovisual rights monetization
| Net Income: 100.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -2.93 > 1.0 |
| NWC/Revenue: 26.98% < 20% (prev 39.21%; Δ -12.23% < -1%) |
| CFO/TA 0.07 > 3% & CFO 124.7m > Net Income 100.5m |
| Net Debt (82.9m) to EBITDA (236.9m): 0.35 < 3 |
| Current Ratio: 1.60 > 1.5 & < 3 |
| Outstanding Shares: last quarter (126.4m) vs 12m ago -0.13% < -2% |
| Gross Margin: 27.01% > 18% (prev 16.27%; Δ 10.74% > 0.5%) |
| Asset Turnover: 67.83% > 50% (prev 67.10%; Δ 0.73% > 0%) |
| Interest Coverage Ratio: 54.48 > 6 (EBIT TTM 147.1m / Interest Expense TTM 2.70m) |
| A: 0.19 (Total Current Assets 914.2m - Total Current Liabilities 572.3m) / Total Assets 1.84b |
| B: 0.02 (Retained Earnings 36.3m / Total Assets 1.84b) |
| C: 0.08 (EBIT TTM 147.1m / Avg Total Assets 1.87b) |
| D: 1.80 (Book Value of Equity 1.17b / Total Liabilities 651.9m) |
| Altman-Z'' = 3.70 = AA |
| DSRI: 1.32 (Receivables 369.6m/281.5m, Revenue 1.27b/1.27b) |
| GMI: 0.60 (GM 16.27% / 27.01%) |
| AQI: 1.04 (AQ_t 0.45 / AQ_t-1 0.43) |
| SGI: 1.00 (Revenue 1.27b / 1.27b) |
| TATA: -0.01 (NI 100.5m - CFO 124.7m) / TA 1.84b) |
| Beneish M = -3.10 (Cap -4..+1) = AA |
As of November 05, 2026, the stock is trading at EUR 11.34 with a total of 586,128 shares traded. Over the past week, the price has changed by +12.95%, over one month by +11.83%, over three months by -4.06% and over the past year by +7.66%.
Current recommended Stop Loss: 11.00 (which is 3% or 1.5 ATR below the current price).
Métropole Télévision S.A. has no consensus analysts rating.
P/E Trailing = 12.65
P/E Forward = 8.3963
P/S = 1.0033
P/B = 1.0916
P/EG = 3.7724
Revenue TTM = 1.27b EUR
EBIT TTM = 147.1m EUR
EBITDA TTM = 236.9m EUR
Long Term Debt = 3.50m EUR (from longTermDebt, last quarter)
Short Term Debt = 84.6m EUR (from shortTermDebt, last quarter)
Debt = 115.9m EUR (from shortLongTermDebtTotal, last quarter) + Leases 17.5m
Net Debt = 82.9m EUR (calculated: Debt 115.9m - CCE 33.0m)
Enterprise Value = 1.36b EUR (1.28b + Debt 115.9m - CCE 33.0m)
Interest Coverage Ratio = 54.48 (Ebit TTM 147.1m / Interest Expense TTM 2.70m)
EV/FCF = 11.82x (Enterprise Value 1.36b / FCF TTM 114.9m)
FCF Yield = 8.46% (FCF TTM 114.9m / Enterprise Value 1.36b)
FCF Margin = 9.07% (FCF TTM 114.9m / Revenue TTM 1.27b)
Net Margin = 7.93% (Net Income TTM 100.5m / Revenue TTM 1.27b)
Gross Margin = 27.01% ((Revenue TTM 1.27b - Cost of Revenue TTM 924.8m) / Revenue TTM)
Gross Margin QoQ = 8.45% (prev 46.19%)
Tobins Q-Ratio = 0.74 (Enterprise Value 1.36b / Total Assets 1.84b)
Interest Expense / Debt = 2.33% (Interest Expense 2.70m / Debt 115.9m)
Taxrate = 24.82% (27.8m / 112.0m)
NOPAT = 110.6m (EBIT 147.1m * (1 - 24.82%))
Current Ratio = 1.60 (Total Current Assets 914.2m / Total Current Liabilities 572.3m)
Debt / Equity = 0.10 (Debt 115.9m / totalStockholderEquity, last quarter 1.17b)
Debt / EBITDA = 0.35 (Net Debt 82.9m / EBITDA 236.9m)
Debt / FCF = 0.72 (Net Debt 82.9m / FCF TTM 114.9m)
Total Stockholder Equity = 1.25b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.38% (Net Income 100.5m / Total Assets 1.84b)
RoE = 8.02% (Net Income TTM 100.5m / Total Stockholder Equity 1.25b)
RoCE = 11.71% (EBIT 147.1m / Capital Employed (Equity 1.25b + L.T.Debt 3.50m))
RoIC = 8.39% (NOPAT 110.6m / Invested Capital 1.32b)
WACC = 4.91% (E(1.28b)/V(1.39b) * Re(5.20%) + D(115.9m)/V(1.39b) * Rd(2.33%) * (1-Tc(0.25)))
Discount Rate = 5.20% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -8.80 | Cagr: -0.07%
[DCF] Terminal Value 73.10% ; FCFF base≈138.6m ; Y1≈121.5m ; Y5≈98.2m
[DCF] Fair Price = 11.85 (EV 1.58b - Net Debt 82.9m = Equity 1.49b / Shares 126.0m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: -81.93 | Revenue CAGR: -2.65% | SUE: 1.00 | # QB: 1
EPS current Quarter (2026-06-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2026-12-31): EPS=0.88 | Chg30d=+0.51% | Revisions=+25% | GrowthEPS=-16.9% | GrowthRev=+2.0%
EPS next Year (2027-12-31): EPS=1.20 | Chg30d=+0.25% | Revisions=+0% | GrowthEPS=+36.6% | GrowthRev=-4.0%
[Analyst] Revisions Ratio: +17% (up=2, down=1)