TVA Group Inc B NV (TVA.B) AI Stock Analysis

TVA Group Inc B NV

(TSX:TVA.B)

Select Model

Rating:80Outperform

Price Target:CAD 3.00▲(13.21% Upside)

Action:reiterated

Date:10/31/26

The score is primarily driven by materially improved financial performance (profitability rebound, strong free cash flow, and very low leverage) and an unusually low P/E valuation. Technicals are supportive due to price strength versus moving averages, but mixed momentum indicators (slightly negative MACD) keep the overall score from being higher.

Positive Factors

Profitability reboundThe sharp TTM improvement in revenue and operating profitability indicates stronger recent business performance and better earnings capacity. If maintained, higher EBIT and EBITDA margins can support reinvestment, strengthen resilience, and improve the company’s ability to generate shareholder value over the next several quarters.

Negative Factors

Gross margin compressionThe sustained decline in gross margin shows that underlying economics have weakened despite the recent improvement in net income and operating margins. Lower gross profitability can limit the durability of the rebound, increase sensitivity to content and operating costs, and constrain future earnings expansion.

TVA Group Inc B NV (TVA.B) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 103.05M
Dividend Yield: ―
Average Volume (3M): 16.05K
Price to Earnings (P/E): 1.9
Beta (1Y): -0.19
Revenue Growth: 10.73%
EPS Growth: ―
Country: Canada
Employees: 795
Sector: Communication Services
Sector Strength: 60
Industry: Broadcasting

TVA Group Inc B NV Business Overview & Revenue Model

Company Description

TVA Group Inc., a Canadian communications enterprise headquartered in Montreal, commenced operations in 1960. It was known as Télé-Métropole Inc. until its renaming in February 1998, and currently operates as a subsidiary of Quebecor Media Inc. The c...

TVA Group Inc B NV Financial Statement Overview

Summary

Financials show a strong TTM rebound: revenue up ~55%, net margin ~11% (vs. ~3% in 2025 and losses in 2022–2024), and improved EBIT/EBITDA margins (~15%/~19%). Balance sheet risk is low with very low debt (~$7M) and minimal leverage (debt-to-equity ~0.02). Cash flow is also strong (FCF ~$96M; FCF/net income ~0.96), though gross margin is down (~21% vs. ~27% in 2025 and ~35% in 2021) and prior cash flow volatility remains a key risk.

Income Statement

72Positive

Balance Sheet

88Very Positive

Cash Flow

83Very Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	555.85M	539.02M	532.23M	545.20M	594.41M	622.83M
Gross Profit	116.85M	147.39M	118.47M	126.45M	167.13M	219.68M
EBITDA	105.20M	48.05M	5.29M	-31.93M	18.91M	74.85M
Net Income	61.47M	14.79M	-19.34M	-47.89M	-9.68M	30.50M
Balance Sheet
Total Assets	554.07M	569.04M	574.63M	626.51M	676.07M	661.09M
Cash, Cash Equivalents and Short-Term Investments	68.05M	13.28M	0	0	-8.77M	5.18M
Total Debt	7.15M	7.23M	46.34M	91.71M	18.84M	22.34M
Total Liabilities	172.17M	216.73M	237.35M	279.16M	282.69M	280.63M
Stockholders Equity	381.90M	352.31M	337.27M	347.35M	393.38M	379.25M
Cash Flow
Free Cash Flow	96.31M	51.65M	45.77M	-71.90M	6.70M	22.95M
Operating Cash Flow	100.38M	63.34M	66.98M	-68.78M	28.05M	42.88M
Investing Cash Flow	-2.59M	-10.39M	-18.02M	-2.84M	-28.55M	-20.27M
Financing Cash Flow	-35.04M	-39.67M	-48.96M	71.63M	-4.68M	-20.27M

TVA Group Inc B NV Technical Analysis

Technical Analysis SentimentPositive

Last Price2.65

Price Trends

50DMA2.36Positive

100DMA2.20Positive

200DMA1.61Positive

Market Momentum

MACD-0.05Negative

RSI64.84Neutral

STOCH60.97Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TVA.B, the sentiment is Positive. The current price of 2.65 is above the 20-day moving average (MA) of 2.16, above the 50-day MA of 2.36, and above the 200-day MA of 1.61, indicating a bullish trend. The MACD of -0.05 indicates Negative momentum. The RSI at 64.84 is Neutral, neither overbought nor oversold. The STOCH value of 60.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:TVA.B.

TVA Group Inc B NV Peers Comparison

Overall Rating

UnderperformOutperform

Sector (60)

Financial Indicators

TSE:TVA.B against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TSE:TVA.B	80Outperform	CAD 114.49M	1.85	17.03%	―	10.73%	―
TSE:QBR.A	78Outperform	CAD 14.92B	16.03	35.86%	2.43%	3.12%	24.49%
Sector *	60Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
TSE:BCE	55Neutral	CAD 26.57B	4.22	27.73%	6.14%	1.59%	1374.54%
TSE:RCI.B	53Neutral	CAD 24.66B	26.14	4.97%	4.40%	8.04%	-86.72%
TSE:WILD	53Neutral	CAD 273.52M	0.72	478.35%	―	-40.81%	―
TSE:CGO	51Neutral	CAD 446.36M	-1.29	-49.57%	8.53%	-4.03%	-502.29%

* Communication Services Sector Average

Performance Comparison

TSE:TVA.B and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:TVA.B	Tva Group Inc. B Nv	2.65	2.05	341.67%
TSE:BCE	Bce Inc	28.49	-1.76	-5.83%
TSE:RCI.B	Rogers Communication	45.48	-6.55	-12.60%
TSE:WILD	Wildbrain Ltd	1.29	-0.17	-11.64%
TSE:CGO	Cogeco Inc. SV	46.29	-10.39	-18.33%
TSE:QBR.A	Quebecor Inc Cl A MV	66.72	22.65	51.40%

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: Oct 31, 2026

TVA Group Inc B NV AI Stock Analysis