(RRTL) RTL - Overview
Sector: Communication Services | Industry: Broadcasting | Exchange: XETRA (Germany) | Market Cap: 4.797m EUR | Total Return: -4.6% in 12m
Avg Turnover: 4.79M
EPS Trend: -98.3%
Qual. Beats: 0
Rev. Trend: -57.3%
Warnings
P/E ratio 206.7
Tailwinds
No distinct edge detected
RTL Group S.A. is a Luxembourg-based media conglomerate operating a diversified portfolio across television broadcasting, radio, and digital streaming. The company maintains a significant presence in major European markets, including Germany, France, and the Netherlands, through platforms such as RTL+ and M6+. As a subsidiary of Bertelsmann, it integrates traditional broadcasting with a digital ecosystem comprising ad-tech through Smartclip and streaming infrastructure via Bedrock.
The business model relies on a dual revenue stream of advertising sales and content distribution. Through its Fremantle division, RTL Group operates as one of the world’s largest creators and distributors of scripted and unscripted content, a sector where scale is critical for negotiating licensing agreements with global streaming platforms. Investors may find it useful to examine ValueRay for deeper insights into the companys valuation metrics.
The European broadcasting sector is currently characterized by a transition from linear television to subscription and ad-supported video-on-demand services. RTL Groups strategy involves heavy investment in local content production to differentiate its regional streaming offerings from global competitors.
- Advertising revenue recovery in German and French core markets drives earnings
- Streaming subscriber growth targets for RTL+ and M6+ offset linear TV decline
- Fremantle content production expansion remains critical for non-advertising revenue diversification
- High dividend payout policy maintains stock attractiveness for income-focused investors
- Consolidation efforts in European broadcasting face ongoing national antitrust regulatory hurdles
| Net Income: 359.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.59 > 1.0 |
| NWC/Revenue: 25.26% < 20% (prev 17.25%; Δ 8.02% < -1%) |
| CFO/TA 0.07 > 3% & CFO 777.0m > Net Income 359.0m |
| Net Debt (974.0m) to EBITDA (760.5m): 1.28 < 3 |
| Current Ratio: 1.43 > 1.5 & < 3 |
| Outstanding Shares: last quarter (154.7m) vs 12m ago 0.0% < -2% |
| Gross Margin: 54.84% > 18% (prev 0.23%; Δ 5.46k% > 0.5%) |
| Asset Turnover: 59.49% > 50% (prev 87.83%; Δ -28.34% > 0%) |
| Interest Coverage Ratio: 11.79 > 6 (EBITDA TTM 760.5m / Interest Expense TTM 47.0m) |
| A: 0.15 (Total Current Assets 5.16b - Total Current Liabilities 3.60b) / Total Assets 10.5b |
| B: 0.45 (Retained Earnings 4.72b / Total Assets 10.5b) |
| C: 0.05 (EBIT TTM 554.0m / Avg Total Assets 10.4b) |
| D: 0.95 (Book Value of Equity 4.75b / Total Liabilities 4.97b) |
| Altman-Z'' = 3.80 = AA |
| DSRI: 2.87 (Receivables 3.04b/1.54b, Revenue 6.16b/8.99b) |
| GMI: 0.42 (GM 54.84% / 23.28%) |
| AQI: 0.97 (AQ_t 0.46 / AQ_t-1 0.47) |
| SGI: 0.69 (Revenue 6.16b / 8.99b) |
| TATA: -0.04 (NI 359.0m - CFO 777.0m) / TA 10.5b) |
| Beneish M = -2.29 (Cap -4..+1) = BBB |
As of May 30, 2026, the stock is trading at EUR 31.55 with a total of 186,250 shares traded.
Over the past week, the price has changed by +1.77%,
over one month by -15.31%,
over three months by -13.60% and
over the past year by -4.61%.
RTL has no consensus analysts rating.
P/E Trailing = 206.6667
P/E Forward = 11.8483
P/S = 0.7971
P/B = 1.0223
Revenue TTM = 6.16b EUR
EBIT TTM = 554.0m EUR
EBITDA TTM = 760.5m EUR
Long Term Debt = 436.0m EUR (from longTermDebt, last quarter)
Short Term Debt = 431.0m EUR (from shortTermDebt, last quarter)
Debt = 1.43b EUR (from shortLongTermDebtTotal, last quarter) + Leases 316.0m
Net Debt = 974.0m EUR (calculated: Debt 1.43b - CCE 457.0m)
Enterprise Value = 5.77b EUR (4.80b + Debt 1.43b - CCE 457.0m)
Interest Coverage Ratio = 11.79 (Ebit TTM 554.0m / Interest Expense TTM 47.0m)
EV/FCF = 8.70x (Enterprise Value 5.77b / FCF TTM 663.0m)
FCF Yield = 11.49% (FCF TTM 663.0m / Enterprise Value 5.77b)
FCF Margin = 10.76% (FCF TTM 663.0m / Revenue TTM 6.16b)
Net Margin = 5.83% (Net Income TTM 359.0m / Revenue TTM 6.16b)
Gross Margin = 54.84% ((Revenue TTM 6.16b - Cost of Revenue TTM 2.78b) / Revenue TTM)
Gross Margin QoQ = 54.98% (prev 54.98%)
Tobins Q-Ratio = 0.55 (Enterprise Value 5.77b / Total Assets 10.5b)
Interest Expense / Debt = 3.28% (Interest Expense 47.0m / Debt 1.43b)
Taxrate = 25.0% (EU avg default 25%)
NOPAT = 415.5m (EBIT 554.0m * (1 - 25.00%))
Current Ratio = 1.43 (Total Current Assets 5.16b / Total Current Liabilities 3.60b)
Debt / Equity = 0.30 (Debt 1.43b / totalStockholderEquity, last quarter 4.70b)
Debt / EBITDA = 1.28 (Net Debt 974.0m / EBITDA 760.5m)
Debt / FCF = 1.47 (Net Debt 974.0m / FCF TTM 663.0m)
Total Stockholder Equity = 4.20b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.47% (Net Income 359.0m / Total Assets 10.5b)
RoE = 8.56% (Net Income TTM 359.0m / Total Stockholder Equity 4.20b)
RoCE = 11.96% (EBIT 554.0m / Capital Employed (Equity 4.20b + L.T.Debt 436.0m))
RoIC = 5.76% (NOPAT 415.5m / Invested Capital 7.22b)
WACC = 5.14% (E(4.80b)/V(6.23b) * Re(5.94%) + D(1.43b)/V(6.23b) * Rd(3.28%) * (1-Tc(0.25)))
Discount Rate = 5.94% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 0.0 | Cagr: 0.0%
[DCF] Terminal Value 77.65% ; FCFF base≈632.6m ; Y1≈712.6m ; Y5≈1.00b
[DCF] Fair Price = 91.61 (EV 15.1b - Net Debt 974.0m = Equity 14.2b / Shares 154.7m; r=8.35% [WACC [floored]]; 5y FCF grow 12.95% → 2.50% )
EPS Correlation: -98.31 | EPS CAGR: -35.10% | SUE: 0.0 | # QB: 0
Revenue Correlation: -57.33 | Revenue CAGR: -9.90% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=2.36 | Chg30d=+2.49% | Revisions=+0% | GrowthEPS=+174.0% | GrowthRev=+1.7%
EPS next Year (2027-12-31): EPS=2.62 | Chg30d=+2.36% | Revisions=+0% | GrowthEPS=+10.9% | GrowthRev=+4.2%
[Analyst] Revisions Ratio: +0%