Calculating The Intrinsic Value Of RCS MediaGroup S.p.A. (BIT:RCS)
Apr 29
Italian (Borsa Italiana) Publishing Industry Analysis
UpdatedMay 12, 2024
DataAggregated Company Financials
Companies11
- 7D5.5%
- 3M13.4%
- 1Y17.4%
- YTDn/a
In the last week, the Publishing industry is up 5.5%, with Cairo Communication up 14%. Meanwhile, Gambero Rosso actually underperformed within the industry, shrinking 8.8% in the last week. This takes the industry's 12 month performance to a gain of 17%. Looking forward, earnings are forecast to grow by 5.8% annually.
Industry Valuation and Performance
Has the Italian Publishing Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 12 May 2024 | €1.6b | €3.5b | €177.9m | 7.8x | 8.8x | 0.4x |
| Tue, 09 Apr 2024 | €1.5b | €3.5b | €197.6m | 7.4x | 7.7x | 0.4x |
| Thu, 07 Mar 2024 | €1.4b | €3.4b | €182.9m | 7.1x | 7.7x | 0.4x |
| Sat, 03 Feb 2024 | €1.5b | €3.5b | €181.7m | 7.1x | 8.1x | 0.4x |
| Mon, 01 Jan 2024 | €1.4b | €3.5b | €181.7m | 7.1x | 7.7x | 0.4x |
| Wed, 29 Nov 2023 | €1.1b | €2.4b | €147.1m | 7.6x | 7.5x | 0.5x |
| Fri, 27 Oct 2023 | €1.1b | €2.4b | €150.5m | 6.2x | 7.2x | 0.5x |
| Sun, 24 Sep 2023 | €1.1b | €2.4b | €152.7m | 5.6x | 7.4x | 0.5x |
| Tue, 22 Aug 2023 | €1.1b | €2.4b | €152.7m | 6x | 7.3x | 0.5x |
| Thu, 20 Jul 2023 | €1.1b | €2.4b | €141.7m | 6.5x | 8x | 0.5x |
| Sat, 17 Jun 2023 | €1.1b | €2.4b | €141.7m | 6.7x | 7.8x | 0.5x |
| Mon, 15 May 2023 | €1.1b | €2.4b | €136.5m | 8.5x | 8.2x | 0.5x |
| Wed, 12 Apr 2023 | €1.1b | €2.4b | €126.8m | 12.7x | 8.9x | 0.5x |
| Fri, 10 Mar 2023 | €1.0b | €2.3b | €105.4m | 7.5x | 9.7x | 0.4x |
| Sun, 05 Feb 2023 | €1.1b | €2.3b | €105.4m | 7.5x | 10.1x | 0.5x |
| Tue, 03 Jan 2023 | €1.0b | €2.3b | €105.4m | 7.1x | 9.6x | 0.4x |
| Thu, 01 Dec 2022 | €646.6m | €1.5b | €54.2m | 6.9x | 11.9x | 0.4x |
| Sat, 29 Oct 2022 | €966.1m | €2.3b | €100.2m | 5.9x | 9.6x | 0.4x |
| Mon, 26 Sep 2022 | €932.6m | €2.3b | €101.4m | 27.8x | 9.2x | 0.4x |
| Wed, 24 Aug 2022 | €1.0b | €2.3b | €101.5m | 31.9x | 9.9x | 0.4x |
| Fri, 22 Jul 2022 | €970.4m | €2.2b | €122.9m | 30.3x | 7.9x | 0.4x |
| Sun, 19 Jun 2022 | €979.4m | €2.2b | €122.9m | 28x | 8x | 0.4x |
| Tue, 17 May 2022 | €1.1b | €2.2b | €121.6m | 28.2x | 8.7x | 0.5x |
| Thu, 14 Apr 2022 | €1.1b | €2.2b | €121.4m | 28.2x | 8.9x | 0.5x |
| Sat, 12 Mar 2022 | €1.0b | €2.2b | €142.2m | 13.7x | 7.4x | 0.5x |
| Mon, 07 Feb 2022 | €1.2b | €2.2b | €103.6m | 15.3x | 11.4x | 0.5x |
| Wed, 05 Jan 2022 | €1.2b | €2.2b | €103.6m | 15.7x | 11.6x | 0.6x |
| Fri, 03 Dec 2021 | €1.2b | €2.2b | €103.6m | 15.5x | 11.1x | 0.5x |
| Sun, 31 Oct 2021 | €1.1b | €2.2b | €99.0m | 15.4x | 11.1x | 0.5x |
| Tue, 28 Sep 2021 | €1.0b | €2.2b | €98.4m | 24.1x | 10.5x | 0.5x |
| Thu, 26 Aug 2021 | €1.1b | €2.2b | €98.4m | 24.1x | 10.8x | 0.5x |
| Fri, 02 Jul 2021 | €971.4m | €2.2b | €98.4m | 23.2x | 9.9x | 0.5x |
Price to Earnings Ratio
92.7x
Current Industry PE
- Investors are pessimistic on the Italian Publishing industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 8.8x which is lower than its 3-year average PE of 11.4x.
- The industry is trading close to its 3-year average PS ratio of 0.46x.
Past Earnings Growth
- The earnings for companies in the Publishing industry have grown 155% per year over the last three years.
- Revenues for these companies have grown 20% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Italian Publishing compare with similar industries?
| IT Market | 3.41% | |
| Telecom | 1.68% | |
| Media | 3.72% | |
| Publishing | 5.52% | |
| Broadcasting | 3.32% | |
| Advertising | 0.29% | |
| Cable and Satellite | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CAI Cairo Communication | €2.49 | 14.2% +€41.7m | 32.3% | PE8.7x | |
| MN Arnoldo Mondadori Editore | €2.31 | 2.0% +€11.7m | 17.6% | PE9.6x | |
| RCS RCS MediaGroup | €0.87 | 3.1% +€11.4m | 10.1% | PE6.7x | |
| CED Caltagirone Editore | €1.19 | 7.2% +€8.5m | 17.8% | PE7.8x | |
| S24 Il Sole 24 ORE | €0.76 | 13.7% +€6.0m | 57.8% | PE6.4x |