Television Francaise 1 SA TF1 (TFI) AI Stock Analysis

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Television Francaise 1 SA TF1

(Paris:TFI)

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Rating:70Outperform

Price Target:EUR 6.50▲(9.06% Upside)

Action:upgraded

Date:08/09/26

The score is driven by strong valuation (low P/E and very high dividend yield) and supportive technicals (price above key moving averages with positive MACD). These positives are tempered by mixed financial performance: profitability remains positive and leverage is low, but revenue and margins have softened and free cash flow has weakened materially versus prior years.

Positive Factors

Conservative balance sheetTF1’s low leverage and substantial equity cushion reduce financial risk during cyclical advertising weakness. This supports resilience, preserves borrowing capacity for strategic needs, and gives management greater flexibility to sustain operations through softer earnings periods.

Negative Factors

Revenue contractionDeclining revenue indicates that TF1 is facing weaker top-line momentum across its media activities. If the contraction persists, it could limit operating leverage, reduce resources available for content investment, and make future earnings more dependent on cost control.

Television Francaise 1 SA TF1 (TFI) vs. iShares MSCI France ETF (EWQ)

Market Cap: EUR 1.26B
Dividend Yield: 10.57%
Average Volume (3M): 230.83K
Price to Earnings (P/E): 10.1
Beta (1Y): 0.54
Revenue Growth: -2.51%
EPS Growth: -25.56%
Country: France
Employees: 2,972
Sector: General
Sector Strength: 55
Industry: Broadcasting

Television Francaise 1 SA TF1 Business Overview & Revenue Model

Company Description

Télévision Française 1 S.A. is a prominent media conglomerate operating across France and internationally, with core activities spanning broadcasting, content production, and digital platforms. Its extensive broadcasting network features leading DTT...

How the Company Makes Money

TF1 primarily makes money by monetizing audiences and intellectual property across television and digital platforms. A major revenue stream is advertising: TF1 sells commercial airtime around its programming on free-to-air and thematic channels and s...

Television Francaise 1 SA TF1 Financial Statement Overview

Summary

Fundamentals are stable but cooling: revenue has softened and margins compressed (TTM net margin ~5.7% vs ~8–9% in 2023–2024). The balance sheet is a clear strength with low leverage (TTM debt-to-equity ~0.11), but cash-flow quality weakened as free cash flow fell sharply versus prior years (TTM ~€56.5m vs ~€98.3m in 2025 and ~€327.2m in 2023).

Income Statement

58Neutral

Balance Sheet

78Positive

Cash Flow

52Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.19B	2.30B	2.36B	2.30B	2.51B	2.43B
Gross Profit	648.90M	443.00M	1.49B	974.50M	1.78B	1.71B
EBITDA	506.00M	613.80M	716.40M	640.30M	769.40M	723.20M
Net Income	125.20M	152.80M	205.50M	191.90M	176.10M	225.30M
Balance Sheet
Total Assets	3.70B	3.75B	3.88B	3.66B	3.64B	3.72B
Cash, Cash Equivalents and Short-Term Investments	587.20M	683.10M	709.00M	669.00M	484.50M	384.00M
Total Debt	207.10M	221.40M	271.00M	143.90M	183.50M	249.20M
Total Liabilities	1.68B	1.63B	1.78B	1.71B	1.78B	1.95B
Stockholders Equity	1.97B	2.06B	2.04B	1.95B	1.86B	1.77B
Cash Flow
Free Cash Flow	56.50M	98.30M	153.70M	327.20M	150.70M	310.40M
Operating Cash Flow	358.80M	456.70M	475.00M	626.60M	463.30M	642.50M
Investing Cash Flow	-255.30M	-318.60M	-372.30M	-321.90M	-205.10M	-308.70M
Financing Cash Flow	-171.50M	-159.50M	-63.20M	-121.30M	-154.70M	-129.40M

Television Francaise 1 SA TF1 Technical Analysis

Technical Analysis SentimentNegative

Last Price5.96

Price Trends

50DMA6.34Negative

100DMA6.60Negative

200DMA6.68Negative

Market Momentum

MACD-0.10Negative

RSI44.16Neutral

STOCH70.71Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:TFI, the sentiment is Negative. The current price of 5.96 is above the 20-day moving average (MA) of 5.89, below the 50-day MA of 6.34, and below the 200-day MA of 6.68, indicating a neutral trend. The MACD of -0.10 indicates Negative momentum. The RSI at 44.16 is Neutral, neither overbought nor oversold. The STOCH value of 70.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:TFI.

Television Francaise 1 SA TF1 Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

FR:TFI against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FR:NRG	71Outperform	EUR 451.85M	5.35	11.10%	3.94%	-11.57%	223.80%
FR:TFI	70Outperform	EUR 1.26B	10.09	6.17%	10.57%	-2.51%	-25.56%
FR:DEC	64Neutral	EUR 5.20B	15.87	14.40%	2.68%	1.12%	36.41%
FR:MMT	64Neutral	EUR 1.27B	12.55	8.16%	12.45%	-1.59%	-31.58%
FR:ORA	56Neutral	EUR 38.47B	9.28	14.52%	5.18%	3.02%	267.18%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
FR:VIV	46Neutral	EUR 1.56B	33.20	1.01%	2.46%	―	―

* General Sector Average

Performance Comparison

FR:TFI and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
FR:TFI	Television Francaise 1 Sa Tf1	5.96	-1.27	-17.59%
FR:DEC	JCDecaux SA	24.28	9.41	63.23%
FR:MMT	Metropole Television	10.04	-0.75	-6.95%
FR:NRG	NRJ Group	5.84	-1.80	-23.56%
FR:ORA	ORANGE SA	14.47	1.25	9.44%
FR:VIV	Vivendi SA (UK)	1.63	-1.38	-45.91%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 09, 2026

Television Francaise 1 SA TF1 AI Stock Analysis

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