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Banijay Group N.V. Class A (NL:BNJ)
:BNJ
Netherlands Market
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Banijay Group N.V. Class A (BNJ) AI Stock Analysis

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NL:BNJ

Banijay Group N.V. Class A

(BNJ)

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Neutral 56 (OpenAI - Gpt-5.6Sol)
Rating:56Neutral
Price Target:
€9.00
▲(6.13% Upside)
Action:Reiterated
Date:07/30/26
The score is driven primarily by strong and improving cash flow and better operating profitability, tempered by significant balance-sheet leverage and low ROE, which meaningfully raise financial risk. Technically, the stock shows weaker short-term trend (below 20/50 DMA), while valuation is supported by a reasonable P/E and a solid dividend yield.
Positive Factors
Revenue and Operating Profitability
Continued revenue growth alongside healthy operating and EBITDA margins indicates solid demand and operating discipline. Sustaining these levels could support durable earnings growth as Banijay scales content production and distribution.
Negative Factors
Very High Financial Leverage
The debt-heavy capital structure materially increases financial risk and makes the company more sensitive to refinancing costs, cash-flow volatility, and any downturn in commissioning or distribution activity.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue and Operating Profitability
Continued revenue growth alongside healthy operating and EBITDA margins indicates solid demand and operating discipline. Sustaining these levels could support durable earnings growth as Banijay scales content production and distribution.
Read all positive factors

Banijay Group N.V. Class A (BNJ) vs. iShares MSCI Netherlands ETF (EWN)

Banijay Group N.V. Class A Business Overview & Revenue Model

Company Description
Banijay Group N.V. operates extensively throughout Europe, engaging in a dual business model that encompasses both the creation and dissemination of media content, alongside the provision of online sports betting and gaming services. The company i...
How the Company Makes Money
Banijay Group primarily makes money by creating and commercializing audiovisual content and the rights attached to it. Key revenue streams typically include: (1) Content production fees and commissions earned when producing TV and digital programs...

Banijay Group N.V. Class A Financial Statement Overview

Summary
Operating trends and cash generation are supportive (TTM revenue +6.26%, operating margin ~12.0%, EBITDA margin ~15.6%, FCF ~€669M with ~42.9% growth). However, the balance sheet is a major constraint: very high leverage (debt ~€6.68B vs. equity ~€1.38B; debt-to-equity ~22.3x) and low ROE (~3.9%) elevate financial risk despite improved profitability versus 2021–2022.
Income Statement
66
Positive
Balance Sheet
24
Negative
Cash Flow
72
Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue5.25B4.88B4.80B4.32B4.05B3.50B
Gross Profit5.25B4.88B1.70B1.24B2.53B2.29B
EBITDA822.10M782.30M663.90M499.50M296.50M285.80M
Net Income208.20M247.50M146.10M60.80M-88.00M-43.00M
Balance Sheet
Total Assets11.65B5.77B5.87B5.73B5.24B5.04B
Cash, Cash Equivalents and Short-Term Investments795.20M515.50M516.70M468.40M482.10M497.20M
Total Debt6.68B3.26B3.30B3.09B2.82B2.91B
Total Liabilities9.98B5.63B5.83B5.68B5.22B5.05B
Stockholders Equity1.38B129.80M14.20M33.00M11.70M30.60M
Cash Flow
Free Cash Flow669.40M521.80M357.60M432.10M390.50M337.00M
Operating Cash Flow815.50M673.10M488.70M517.00M458.60M403.50M
Investing Cash Flow-1.08B-227.80M-228.30M-336.10M7.50M-97.10M
Financing Cash Flow600.10M-398.30M-267.30M-167.60M-438.20M-258.00M

Banijay Group N.V. Class A Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price8.48
Price Trends
50DMA
8.25
Positive
100DMA
7.98
Positive
200DMA
7.66
Positive
Market Momentum
MACD
0.10
Positive
RSI
50.37
Neutral
STOCH
12.41
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:BNJ, the sentiment is Neutral. The current price of 8.48 is below the 20-day moving average (MA) of 8.77, above the 50-day MA of 8.25, and above the 200-day MA of 7.66, indicating a neutral trend. The MACD of 0.10 indicates Positive momentum. The RSI at 50.37 is Neutral, neither overbought nor oversold. The STOCH value of 12.41 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NL:BNJ.

Banijay Group N.V. Class A Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
€14.52B11.583.34%13.61%28.51%
71
Outperform
€26.19B81.357.91%3.65%5.18%-87.61%
70
Outperform
€1.84B9.214.30%0.55%14.52%
56
Neutral
€3.67B17.6014.97%6.76%-1.76%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
41
Neutral
€116.67M-3.94-3.97%-20.20%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
NL:BNJ
Banijay Group N.V. Class A
8.58
1.02
13.49%
NL:AJAX
AFC Ajax
8.90
-0.62
-6.51%
NL:UMG
Universal Music Group
14.25
-9.74
-40.62%
NL:AZRN
Azerion Group N.V
0.97
-0.42
-30.22%
NL:CVC
CVC Capital Partners plc
13.90
-0.54
-3.72%
NL:HAVAS
Havas NV
18.60
4.18
28.99%
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: Jul 30, 2026