M6-metropole Television

No change in our estimates

26/11/20 -"The target price is practically unchanged following the fine-tuning of our model. As a reminder, M6 had a fairly good Q3 20 with an increase in TV advertising (+3%, of which +1% organically). In Q4 ..."

PDF page sample
Pages
47
Language
English
Published on
26/11/20
Download
You may also be interested by these reports :
10/12/25
The target price adjustment is due to the removal of IPG from the peer group, following the delisting from the stock market on 28 November 2025.
10/12/25
The target price adjustment is due to the removal of IPG from the peer group, following the delisting from the stock market on 28 November 2025.
08/12/25
Wolters Kluwer has just provided a teach-in on its AI technology integration into its solutions. This reassures us in our opinion that GenAI ...
02/12/25
Following the publication of the Q3 results, we have consolidated ProSieben for 2026-27. ProSieben, now 75% owned, will be included in MFE’s accounts ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO