Atresmedia Corporación de Medios de Comunicación S.A. (A3M) fair value: what the stock is really worth
As of Nov 12, 2026: fair value (intrinsic value) of Atresmedia Corporación de Medios de Comunicación S.A. stock €7.02, price €6.17, upside +13.8%, quality 61 out of 100. Rating: undervalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
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Atresmedia Corporación de Medios de Comunicación S.A.
A3M · MCSolid company and rising price, but only slightly cheap (12% below fair value): meets 2 of 3 rules.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 13, 2026.
How to read this chart
60‑month range €1.82 – €6.17 · fair‑value band €5.27 – €9.92 · the €6.17 price screens below the €7.02 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 13, 2026.
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Company profile
Atresmedia Corporación de Medios de Comunicación, S.A., an audiovisual company, engages in the television, radio, digital and multimedia development, cinema, and events organization businesses in Spain and internationally.
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It is involved in the creation, production, distribution, dissemination, and marketing of audiovisual content; management of copyright and music rights; development and exploitation of digital content; and local digital terrestrial television business.
The company also operates Atresplayer, a video on demand platform; and under the Antena 3, La Sexta, Onda Cero, and Europa FM, as well as Mega and Atreseries, and Melodía FM brands.
In addition, it is involved in the provision of travel agency, marketing and advertising, TV management, advertising management, broadcasting, computer, and funeral services; and document management services for audiovisual products.
The company was formerly known as Antena 3 de Televisión, S.A. Atresmedia Corporación de Medios de Comunicación, S.A. was incorporated in 1988 and is based in Madrid, Spain.
Stock analysis
Atresmedia Corporación de Medios de Comunicación S.A. (A3M) currently trades at €6.17, while our model-based Fair Value estimate is €7.02, implying the stock looks roughly 12% undervalued today.
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Valuation
Bull case: the Dividend Discount group reads highest at a median of €5.76 per share, and 0 of the 24 models we run sit above the €6.17 price.
Bear case: the Economic Profit group reads lowest at €2.47, and 24 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: €5.27 (bear) to €9.92 (bull), the price of €6.17 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 61/100 (solid quality), in the Communication Services sector.
Mixed Growth: Spin-off in 2007: revenue and profit before it include the divested business. Growth is measured afresh from 2007.
Atresmedia Corporación de Medios de Comunicación S.A. reported revenue of €894M in FY2025 versus €878M in FY2021, a compound +0.4%/yr. Reported net income was €62.1M in FY2025, compounding −14.9%/yr from FY2021.
Key figures
Market cap €1.4B Small · P/E ratio 25.7 · P/S ratio 1.54 · EPS (TTM) €0.2400 · Net margin 6.1% · Return on equity 6.9% · Return on assets (EBIT) 8.3% (5-year average) · Operating margin 17.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat.
The share trades at its 52-week high and 37% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at −15% fair-value upside, at 14%, A3M screens cheaper than that median.
Fair Value models
All 24 models by family
The fair value above starts from this blend and is adjusted for a year distorted by one-off effects.
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
Growth Forecast
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Earlier news
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Compare Atresmedia Corporación de Medios de Comunicación S.A. with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Entertainment · 250 stocks
Valuation Multiplesvs Entertainment median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Communication Services sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- EV/EBITDA by industry
- Dividend yield by industry
- PEG screener for stocks with fair value
- Undervalued stocks: Communication Services
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Entertainment stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Fox Corporation FOX | $58.71 | $65.92 | +12% | vs A3M |
| Netflix, Inc NFLX | $62.69 | $68.96 | +10% | vs A3M |
| Universal Music Group UMG | €17.18 | €18.89 | +10% | vs A3M |
| Formula One Group FWONK | $109.44 | $112.18 | +3% | vs A3M |
| The Walt Disney Company DIS | $118.23 | $101.07 | −15% | vs A3M |
| News Corporation NWS | $29.17 | $17.05 | −42% | vs A3M |
| TKO Group TKO | $194.08 | $69.66 | −64% | vs A3M |
| Liberty Live Holdings LLYVK | $107.62 | $38.31 | −64% | vs A3M |
| Warner Music Group WMG | $31.67 | $10.61 | −67% | vs A3M |
| Live Nation Entertainment, Inc LYV | $180.14 | $47.75 | −73% | vs A3M |
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Key figures of Atresmedia Corporación de Medios de Comunicación S.A.
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