Added to YB: 2026-01-09
Pitch date: 2026-01-08
TFI.PA [bullish]
TF1 SA
-9.11%
current return
Author Info
Aurelion Research is a research analyst with a passion for markets, specializing in high‑conviction ideas across shipping, offshore drilling, and thematic equity research. Sign up for the newsletter.
Company Info
TF1 SA operates as a media and entertainment company, primarily engages in television broadcasting, content creation, and distribution of audiovisual rights in France, Continental Europe, and internationally.
Market Cap
EUR 1.4B
Pitch Price
EUR 7.44
Price Target
N/A
Dividend
9.28%
EV/EBITDA
4.87
P/E
10.71
EV/Sales
0.45
Sector
Media
Category
value
Actionable Idea #1: TF1
TFI.PA: French media group w/ top TV channels + content production. ~70% advertising rev (in line w/ EU peers). Advertising spend stable 2020-2029 despite linear TV pressure. Trades cheap vs DCF using 10.4% discount rate + 0% growth. Strong cash generation supports progressive dividend despite ad headwinds. Risks: France macro weakness, blocked M6 merger limits scale, Netflix partnership uncertainty. Upside if ad conditions stabilize vs conservative consensus.
Read full article (5 min)