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Added to YB: 2026-07-13

Pitch date: 2026-07-10

TVA-B.TO [bullish]

TVA Group Inc.

Author Info

Jaime Bermejo shares investing thoughts and ideas in his newsletter. Sign up for his newsletter.

Company Info

TVA Group Inc. operates as a communications company in Canada. It operates through Broadcasting, Film Production & Audiovisual Services, Magazines, and Production & Distribution segments.

Market Cap

CAD 97.6M

Pitch Price

N/A

Price Target

2.50 (+11%)

Dividend

N/A

EV/EBITDA

1.14

P/E

3.18

EV/Sales

0.14

Sector

Media

Category

special_situation

Show full summary:
TVA Group (TSX: TVA.B)

TVA-B.TO: French-language broadcaster 65-68% owned by Quebecor. At C$1.98 (~C$86mn cap), trades 0.25x book, below C$109-165mn non-op assets (cash, pension surplus, real estate). SOTP C$3.90-6.50. Catalysts: CRTC relief (+C$20mn EBITDA), Bell arbitration win, buyout logic. Risks: NHL rights binary, no votes/dividend, single acquirer. EV ~C$2.50 (28% upside); buyout C$3.50 = 77%, bear C$0.85 = -55%.

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