(TFI) Television Francaise 1 - Ratings and Ratios
Broadcasting, Streaming, Studios, Advertising, Entertainment
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 7.35% |
| Yield on Cost 5y | 12.05% |
| Yield CAGR 5y | 2.41% |
| Payout Consistency | 91.1% |
| Payout Ratio | 69.8% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 22.4% |
| Value at Risk 5%th | 33.3% |
| Relative Tail Risk | -9.59% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.77 |
| Alpha | 15.64 |
| CAGR/Max DD | 0.45 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.442 |
| Beta | 0.146 |
| Beta Downside | 0.218 |
| Drawdowns 3y | |
|---|---|
| Max DD | 23.91% |
| Mean DD | 9.31% |
| Median DD | 9.44% |
Description: TFI Television Francaise 1 November 12, 2025
TF1 SA (ticker TFI) is France’s leading multimedia group, operating a portfolio that spans free-to-air (DTT) channels such as TF1, TMC, TFX and LCI, a suite of thematic channels (e.g., TV Breizh, Ushuaïa TV, Histoire TV), digital services (MYTF1, TFOU MAX, Salto), production studios (Newen Studios), e-commerce, music/events, and advertising solutions. The company was founded in 1982 and is headquartered in Boulogne-Billancourt, France.
In FY 2023 TF1 generated roughly €2.5 billion of revenue, with advertising accounting for about 70 % of total sales and digital advertising growing ~12 % year-on-year-a trend driven by the broader shift of French ad spend toward programmatic video. The group commands an estimated 27 % share of the French TV audience, which translates into a premium position for both traditional and programmatic ad inventory. Recent quarterly reports show an EBITDA margin of ~15 %, consistent with the capital-intensive nature of broadcast infrastructure but above the European broadcasting average of ~12 %.
Key sector drivers include the recovery of French advertising spend after the COVID-19 slowdown, accelerated adoption of over-the-top (OTT) services, and regulatory pressure to maintain French-language content quotas, all of which influence TF1’s revenue mix and cost structure. Assuming the French ad market continues to grow at 5 % CAGR through 2027, TF1’s digital-first initiatives could lift its overall margin by 1–2 percentage points. For a deeper quantitative look at TF1’s valuation metrics and how they compare to peers, you might explore the data platform ValueRay.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (187.8m TTM) > 0 and > 6% of Revenue (6% = 141.3m TTM) |
| FCFTA 0.05 (>2.0%) and ΔFCFTA -1.51pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 32.22% (prev 30.55%; Δ 1.67pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.14 (>3.0%) and CFO 519.1m > Net Income 187.8m (YES >=105%, WARN >=100%) |
| Net Debt (-412.6m) to EBITDA (742.4m) ratio: -0.56 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.46 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (211.7m) change vs 12m ago 0.32% (target <= -2.0% for YES) |
| Gross Margin 63.17% (prev 32.52%; Δ 30.65pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 62.93% (prev 64.73%; Δ -1.80pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 16.64 (EBITDA TTM 742.4m / Interest Expense TTM 17.2m) >= 6 (WARN >= 3) |
Altman Z'' 1.95
| (A) 0.20 = (Total Current Assets 2.43b - Total Current Liabilities 1.67b) / Total Assets 3.84b |
| (B) 0.02 = Retained Earnings (Balance) 78.3m / Total Assets 3.84b |
| (C) 0.08 = EBIT TTM 286.2m / Avg Total Assets 3.74b |
| (D) 0.07 = Book Value of Equity 120.5m / Total Liabilities 1.80b |
| Total Rating: 1.95 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 66.12
| 1. Piotroski 5.50pt |
| 2. FCF Yield 14.96% |
| 3. FCF Margin 8.15% |
| 4. Debt/Equity 0.12 |
| 5. Debt/Ebitda -0.56 |
| 6. ROIC - WACC (= 3.61)% |
| 7. RoE 9.33% |
| 8. Rev. Trend -11.14% |
| 9. EPS Trend -17.34% |
What is the price of TFI shares?
Over the past week, the price has changed by +1.56%, over one month by +2.07%, over three months by -4.79% and over the past year by +23.93%.
Is TFI a buy, sell or hold?
What are the forecasts/targets for the TFI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 10.5 | 28.4% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 9.1 | 11.2% |
TFI Fundamental Data Overview December 12, 2025
Market Cap EUR = 1.70b (1.70b EUR * 1.0 EUR.EUR)
P/E Trailing = 9.3663
P/E Forward = 9.5602
P/S = 0.7117
P/B = 0.844
P/EG = 1.06
Beta = 0.869
Revenue TTM = 2.36b EUR
EBIT TTM = 286.2m EUR
EBITDA TTM = 742.4m EUR
Long Term Debt = 35.9m EUR (from longTermDebt, last quarter)
Short Term Debt = 152.8m EUR (from shortTermDebt, last quarter)
Debt = 237.8m EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = -412.6m EUR (from netDebt column, last quarter)
Enterprise Value = 1.28b EUR (1.70b + Debt 237.8m - CCE 651.1m)
Interest Coverage Ratio = 16.64 (Ebit TTM 286.2m / Interest Expense TTM 17.2m)
FCF Yield = 14.96% (FCF TTM 191.9m / Enterprise Value 1.28b)
FCF Margin = 8.15% (FCF TTM 191.9m / Revenue TTM 2.36b)
Net Margin = 7.97% (Net Income TTM 187.8m / Revenue TTM 2.36b)
Gross Margin = 63.17% ((Revenue TTM 2.36b - Cost of Revenue TTM 867.7m) / Revenue TTM)
Gross Margin QoQ = 65.03% (prev 64.34%)
Tobins Q-Ratio = 0.33 (Enterprise Value 1.28b / Total Assets 3.84b)
Interest Expense / Debt = 2.02% (Interest Expense 4.80m / Debt 237.8m)
Taxrate = 26.26% (22.9m / 87.2m)
NOPAT = 211.0m (EBIT 286.2m * (1 - 26.26%))
Current Ratio = 1.46 (Total Current Assets 2.43b / Total Current Liabilities 1.67b)
Debt / Equity = 0.12 (Debt 237.8m / totalStockholderEquity, last quarter 1.98b)
Debt / EBITDA = -0.56 (Net Debt -412.6m / EBITDA 742.4m)
Debt / FCF = -2.15 (Net Debt -412.6m / FCF TTM 191.9m)
Total Stockholder Equity = 2.01b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.89% (Net Income 187.8m / Total Assets 3.84b)
RoE = 9.33% (Net Income TTM 187.8m / Total Stockholder Equity 2.01b)
RoCE = 13.97% (EBIT 286.2m / Capital Employed (Equity 2.01b + L.T.Debt 35.9m))
RoIC = 9.54% (NOPAT 211.0m / Invested Capital 2.21b)
WACC = 5.93% (E(1.70b)/V(1.93b) * Re(6.55%) + D(237.8m)/V(1.93b) * Rd(2.02%) * (1-Tc(0.26)))
Discount Rate = 6.55% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 33.33 | Cagr: 0.18%
[DCF Debug] Terminal Value 73.45% ; FCFE base≈210.2m ; Y1≈158.7m ; Y5≈95.9m
Fair Price DCF = 8.59 (DCF Value 1.81b / Shares Outstanding 210.6m; 5y FCF grow -29.07% → 3.0% )
EPS Correlation: -17.34 | EPS CAGR: -35.09% | SUE: 0.20 | # QB: 0
Revenue Correlation: -11.14 | Revenue CAGR: 2.94% | SUE: -0.00 | # QB: 0
EPS next Year (2026-12-31): EPS=1.02 | Chg30d=-0.030 | Revisions Net=-1 | Growth EPS=+10.3% | Growth Revenue=+0.9%