Television Francaise 1 SA banner

Television Francaise 1 SA
PAR:TFI

Watchlist Manager
Television Francaise 1 SA Logo
Television Francaise 1 SA
PAR:TFI
Watchlist
Price: 6.75 EUR -0.74%
Market Cap: €1.4B

EV/FCFF

8.8
Current
35%
More Expensive
vs 3-y average of 6.5

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
8.8
=
Enterprise Value
€951.3m
/
Free Cash Flow to Firm
€98.3m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
8.8
=
Enterprise Value
€951.3m
/
Free Cash Flow to Firm
€98.3m

Valuation Scenarios

Television Francaise 1 SA is trading above its 3-year average

If EV/FCFF returns to its 3-Year Average (6.5), the stock would be worth €5 (26% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-27%
Maximum Upside
+81%
Average Upside
1%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 8.8 €6.75
0%
3-Year Average 6.5 €5
-26%
5-Year Average 6.4 €4.95
-27%
Industry Average 6.7 €5.14
-24%
Country Average 15.8 €12.2
+81%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
FR
Television Francaise 1 SA
PAR:TFI
1.4B EUR 8.8 9.3
US
Fox Corp
NASDAQ:FOXA
26.9B USD 13.6 14.2
US
ViacomCBS Inc
LSE:0A65
24.3B USD 97.2 -39.2
US
Paramount Global
NASDAQ:PARA
7.4B USD 47 -1.4
LU
RTL Group SA
XETRA:RRTL
5.7B EUR 17.7 5.8
US
Nexstar Media Group Inc
NASDAQ:NXST
6.2B USD 16.8 67.3
JP
TBS Holdings Inc
TSE:9401
883.4B JPY 2 020.5 15.8
JP
Nippon Television Holdings Inc
TSE:9404
746.7B JPY 12.3 11.9
UK
ITV PLC
LSE:ITV
3B GBP 23.4 13.7
JP
Fuji Media Holdings Inc
TSE:4676
573.4B JPY -16.8 -46
SA
MBC Group CJSC
SAU:4072
12.8B SAR -144 33.6
P/E Multiple
Earnings Growth PEG
FR
Television Francaise 1 SA
PAR:TFI
Average P/E: 21.4
9.3
-5%
N/A
US
Fox Corp
NASDAQ:FOXA
14.2
-1%
N/A
US
V
ViacomCBS Inc
LSE:0A65
Negative Multiple: -39.2 N/A N/A
US
Paramount Global
NASDAQ:PARA
Negative Multiple: -1.4 N/A N/A
LU
RTL Group SA
XETRA:RRTL
5.8
-24%
N/A
US
Nexstar Media Group Inc
NASDAQ:NXST
67.3
115%
0.6
JP
TBS Holdings Inc
TSE:9401
15.8
7%
2.3
JP
N
Nippon Television Holdings Inc
TSE:9404
11.9
14%
0.8
UK
ITV PLC
LSE:ITV
13.7
20%
0.7
JP
Fuji Media Holdings Inc
TSE:4676
Negative Multiple: -46 N/A N/A
SA
M
MBC Group CJSC
SAU:4072
33.6
N/A N/A

Market Distribution

Lower than 79% of companies in France
Percentile
21st
Based on 1 359 companies
21st percentile
8.8
Low
0.9 — 10.4
Typical Range
10.4 — 25.1
High
25.1 —
Distribution Statistics
France
Min 0.9
30th Percentile 10.4
Median 15.8
70th Percentile 25.1
Max 2 752.4

Television Francaise 1 SA
Glance View

Market Cap
1.4B EUR
Industry
Media

In the vibrant landscape of French media, Television Française 1 SA (TF1) stands as a monumental player, with a legacy etched deeply into the nation's cultural fabric. Founded in 1975, TF1 has evolved from its roots as a state-run broadcaster into a powerhouse of private broadcasting. Central to its operations is France's leading television channel, TF1, which captures a significant portion of the national audience. This wide viewership underpins the broadcaster's main revenue stream: advertising. Through an array of popular programs, from news broadcasts to entertainment shows and hit international series, TF1 commands premium ad rates, capitalizing on high viewer numbers to drive substantial advertising revenues. This creates a virtuous cycle, where popular content draws advertisers, which in turn funds better programming. Beyond its flagship channel, TF1 has diversified its portfolio to include several other channels and digital platforms, expanding its reach across different demographics and viewing preferences. Channels like TMC, TFX, and LCI cater to niche markets, while TF1's digital assets capitalize on the growing trend toward online and on-demand viewing. This strategic expansion into digital realms ensures the company not only keeps pace with evolving consumer habits but also taps into emerging advertising streams online. Additionally, TF1 ventures into the realms of content production and distribution through subsidiaries such as TF1 Studio, which produces and distributes a wide range of content, thereby generating income from licensing deals both domestically and internationally. In orchestrating this multi-channel, multi-platform symphony, TF1 harmonizes traditional broadcasting with digital innovation, reinforcing its stature as a key media player in France.

TFI Intrinsic Value
9.41 EUR
Undervaluation 28%
Intrinsic Value
Price €6.75
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett