(RRTL) RTL - Ratings and Ratios
Television, Radio, Streaming, Production, Publishing
Dividends
| Dividend Yield | 6.32% |
| Yield on Cost 5y | 8.32% |
| Yield CAGR 5y | -2.85% |
| Payout Consistency | 82.4% |
| Payout Ratio | 136.2% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 24.2% |
| Value at Risk 5%th | 36.2% |
| Relative Tail Risk | -8.88% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.07 |
| Alpha | 33.01 |
| CAGR/Max DD | 0.03 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.300 |
| Beta | 0.101 |
| Beta Downside | 0.136 |
| Drawdowns 3y | |
|---|---|
| Max DD | 44.28% |
| Mean DD | 22.03% |
| Median DD | 23.44% |
Description: RRTL RTL November 05, 2025
RTL Group S.A. (XETRA:RRTL) is a Luxembourg-based media conglomerate that operates TV channels, radio stations and streaming platforms across major European markets (Germany, France, the Netherlands, Belgium, the UK) and the United States. Its business is organized into four segments: RTL Deutschland (TV, radio, digital & publishing), Groupe M6 (TV, radio & digital), Fremantle (content production, distribution & licensing) and an “Other” segment that holds assets such as RTL Hungary, Atresmedia and a media-as-a-service provider (Broadcasting Center Europe). The group is ultimately owned by Bertelsmann Capital Holding.
Key quantitative drivers to watch include: (1) **Advertising-revenue growth**, which in 2023 averaged ~4 % YoY across Europe but is highly sensitive to macro-economic cycles and ad-spend elasticity; (2) **Streaming subscriber churn**, currently estimated at 7 % annually for RTL Deutschland’s streaming bundles, a metric that directly impacts the valuation of its over-the-top (OTT) services; and (3) **EBITDA margin compression**, which fell from 27 % in 2021 to 23 % in 2023 as the group invested in digital transformation and faced rising content costs. Sector-wide, the shift toward programmatic advertising and the consolidation of content libraries are accelerating competitive pressure, while the EU’s “Audio-Visual Media Services” directive creates regulatory headwinds for cross-border broadcasting.
For a deeper, data-driven assessment of RTL Group’s valuation and risk profile, you may find ValueRay’s analytical dashboards useful as a next step in your research.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income (359.0m TTM) > 0 and > 6% of Revenue (6% = 369.8m TTM) |
| FCFTA 0.07 (>2.0%) and ΔFCFTA 2.70pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 13.81% (prev 13.06%; Δ 0.75pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.08 (>3.0%) and CFO 777.0m > Net Income 359.0m (YES >=105%, WARN >=100%) |
| Net Debt (1.36b) to EBITDA (760.5m) ratio: 1.79 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.24 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (154.7m) change vs 12m ago 0.0% (target <= -2.0% for YES) |
| Gross Margin 54.84% (prev 23.28%; Δ 31.56pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 61.69% (prev 87.40%; Δ -25.71pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 11.79 (EBITDA TTM 760.5m / Interest Expense TTM 47.0m) >= 6 (WARN >= 3) |
Altman Z'' 3.16
| (A) 0.09 = (Total Current Assets 4.37b - Total Current Liabilities 3.52b) / Total Assets 9.70b |
| (B) 0.43 = Retained Earnings (Balance) 4.13b / Total Assets 9.70b |
| (C) 0.06 = EBIT TTM 554.0m / Avg Total Assets 9.99b |
| (D) 0.78 = Book Value of Equity 3.89b / Total Liabilities 4.99b |
| Total Rating: 3.16 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 52.25
| 1. Piotroski 6.0pt |
| 2. FCF Yield 10.34% |
| 3. FCF Margin 10.76% |
| 4. Debt/Equity 0.45 |
| 5. Debt/Ebitda 1.79 |
| 6. ROIC - WACC (= -3.23)% |
| 7. RoE 8.76% |
| 8. Rev. Trend -46.15% |
| 9. EPS Trend -49.54% |
What is the price of RRTL shares?
Over the past week, the price has changed by -0.59%, over one month by +2.44%, over three months by -6.67% and over the past year by +36.98%.
Is RRTL a buy, sell or hold?
What are the forecasts/targets for the RRTL price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 35.5 | 5.7% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 37.4 | 11.4% |
RRTL Fundamental Data Overview December 05, 2025
Market Cap EUR = 5.04b (5.04b EUR * 1.0 EUR.EUR)
P/E Trailing = 20.8974
P/E Forward = 12.5945
P/S = 0.8185
P/B = 1.3234
Beta = 0.808
Revenue TTM = 6.16b EUR
EBIT TTM = 554.0m EUR
EBITDA TTM = 760.5m EUR
Long Term Debt = 496.0m EUR (from longTermDebt, last quarter)
Short Term Debt = 995.0m EUR (from shortTermDebt, last quarter)
Debt = 1.73b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.36b EUR (from netDebt column, last quarter)
Enterprise Value = 6.41b EUR (5.04b + Debt 1.73b - CCE 368.0m)
Interest Coverage Ratio = 11.79 (Ebit TTM 554.0m / Interest Expense TTM 47.0m)
FCF Yield = 10.34% (FCF TTM 663.0m / Enterprise Value 6.41b)
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 = 0.66 (Enterprise Value 6.41b / Total Assets 9.70b)
Interest Expense / Debt = 0.69% (Interest Expense 12.0m / Debt 1.73b)
Taxrate = 85.0% (17.0m / 20.0m)
NOPAT = 83.1m (EBIT 554.0m * (1 - 85.00%))
Current Ratio = 1.24 (Total Current Assets 4.37b / Total Current Liabilities 3.52b)
Debt / Equity = 0.45 (Debt 1.73b / totalStockholderEquity, last quarter 3.89b)
Debt / EBITDA = 1.79 (Net Debt 1.36b / EBITDA 760.5m)
Debt / FCF = 2.06 (Net Debt 1.36b / FCF TTM 663.0m)
Total Stockholder Equity = 4.10b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.70% (Net Income 359.0m / Total Assets 9.70b)
RoE = 8.76% (Net Income TTM 359.0m / Total Stockholder Equity 4.10b)
RoCE = 12.06% (EBIT 554.0m / Capital Employed (Equity 4.10b + L.T.Debt 496.0m))
RoIC = 1.55% (NOPAT 83.1m / Invested Capital 5.35b)
WACC = 4.78% (E(5.04b)/V(6.78b) * Re(6.39%) + D(1.73b)/V(6.78b) * Rd(0.69%) * (1-Tc(0.85)))
Discount Rate = 6.39% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF Debug] Terminal Value 76.02% ; FCFE base≈568.2m ; Y1≈492.7m ; Y5≈393.0m
Fair Price DCF = 46.27 (DCF Value 7.16b / Shares Outstanding 154.7m; 5y FCF grow -16.22% → 3.0% )
EPS Correlation: -49.54 | EPS CAGR: -51.21% | SUE: 0.0 | # QB: 0
Revenue Correlation: -46.15 | Revenue CAGR: -18.64% | SUE: N/A | # QB: 0
EPS next Year (2026-12-31): EPS=2.55 | Chg30d=-0.204 | Revisions Net=-3 | Growth EPS=+2.5% | Growth Revenue=+6.1%