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Catalyst Media Group (CMX) Fair Value & Analysis

Consumer Cyclical · GB · Market cap 9.5M GBX

CM Catalyst Media Group CMX · LSE
Price£0.4500
Fair Value£0.3700
Upside-17.8%
Quality65/100
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Weak Growth
Low debt · generates free cash flow
Mixed vs. peers (4/9)
Narrow moat 27/100
Evidence: High Range £0.2600 – £0.4800 Share as image

Fair value as of: Jul 15, 2026

From 17 valuation models · updated 26 days ago

Fair value updated Jul 15, 2026, revised from £0.4100 to £0.3700 (−9.8%) since Jun 24, 2026. Share price −5.6% over the past month.

A solid business, but screening 18% overvalued on our models.

What matters now

  • Solid but not exceptional quality (65/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (£0.2600 to £0.4800) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

£1.44 £0.3015 Fair Value £0.3700 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range £0.3015 – £1.44 · fair‑value band £0.2600 – £0.4800 · the £0.4500 price screens above the £0.3700 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

Catalyst Media Group (CMX) currently trades at £0.4500, while our model-based Fair Value estimate is £0.3700, implying the stock looks roughly 17.8% overvalued today. The Quality Score stands at 65/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Trailing-twelve-month revenue stands at £13.7K. Revenue declined 90.0% year over year. It earns a return on equity of 2.1%. The stock trades on a trailing P/E of 14.2. Fundamentals as of Jul 15, 2026

Our scenario range runs from £0.2600 (bear case) to £0.4800 (bull case); at £0.4500, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Consumer Cyclical peers we cover trades at -11% fair-value upside, at -18%, CMX screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF £0.1800 £0.2600 £0.3500 80
Residual Income £0.9300 £0.8500 £0.5500 76
Gordon GGM £0.2800 £0.4700 £0.6100 70
All 17 models by family
DCF Models
FCF DCF £0.1800 £0.2700 £0.3800 38
5Y Revenue Exit £0.0600 £0.0800 £0.0900 39
5Y P/E Exit £0.2200 £0.3700 £0.5200 38
10Y Revenue Exit £0.1100 £0.1400 £0.1600 36
10Y P/E Exit £0.2000 £0.3100 £0.4500 35
Earnings-Based
Graham-Dodd £0.1300 £0.4200 £0.5600 54
Lynch FV £0.1000 £0.1400 £0.1800 50
PEG = 1.0 £0.1000 £0.1400 £0.1800 46
Dividend Discount
Gordon GGM £0.2800 £0.4700 £0.6100 70
DDM Multi-Stage £0.2800 £0.4400 £0.5100 61
Multiples
P/E Multiple £0.3100 £0.4100 £0.5100 63
P/S Multiple £0.0100 58
P/B Multiple £0.2400 £0.3200 £0.3900 55
Asset-Based
NCAV (Graham) £0.7400 £0.9900 £1.48 50
Growth DCF
Growth DCF £0.1800 £0.2600 £0.3500 80
Economic Profit
Residual Income £0.9300 £0.8500 £0.5500 76
Growth Earnings
Growth-Adj P/E £0.2600 £0.3700 £0.4800 68

Widest divergence: Asset-Based (£0.9900) versus Earnings-Based (£0.1400). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 13.7K GBX
Revenue growth (YoY) -90.0%
Net margin 4,674%
Return on equity 2.1%
Free cash flow 523K GBX FY2025
P/E ratio 15.0
More key figures
Operating margin -6,426%
EPS (TTM) £0.0300
EPS growth (YoY) +152%
Net cash 207K GBX FY2025

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 65/100

Of which business quality 67 · Market factors (momentum, volatility) 39

Profitability 29
Margins and returns on capital today
Quality Growth 34
Are margins and returns improving?
Cashflow 89
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 90
Calm price path (market factor)
Momentum 22
Price trend over the last 3–12 months (market factor)
52W Momentum 10
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Catalyst Media Group plc, engages in the provision of business administrative services worldwide. Its services focus on managing the strategic investment in Sports Information Services (Holdings) Ltd (SIS), including the provision of services to SIS and the management of overheads.

Full company description

Catalyst Media Group plc, engages in the provision of business administrative services worldwide. Its services focus on managing the strategic investment in Sports Information Services (Holdings) Ltd (SIS), including the provision of services to SIS and the management of overheads. The company provides betting services to retail and online operators that offers end-to-end solution of live pictures and data on-screen graphics with betting triggers and a range of markets and prices. In addition, it provides retail solutions, including horse and greyhound racing, virtual and numbers content, and other sports. Catalyst Media Group plc was incorporated in 2000 and is based in London, the United Kingdom.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Catalyst Media Group reported revenue of £25.0K in FY2025 versus £25.0K in FY2021, a compound +0.0%/yr. Reported net income was £387K in FY2025.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
£25.0K
Latest YoY
+0.0%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+0.0%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+0.0%
Avg. growth/yr (25Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−6.3%
Revenue +0.0%/yr
FY21 £25.0K
FY22 £25.0K
FY23 £25.0K
FY24 £25.0K
FY25 £25.0K
Net income
FY21 −£1.6M
FY22 £24.5M
FY23 £2.6M
FY24 £283K
FY25 £387K

CMX screens 18% overvalued. Compare with Flutter Entertainment plc →

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Cite: Fair Value Calculator (2026). "Catalyst Media Group Fair Value". https://www.fairvalue-calculator.com/stock/CMX

Peer Group

Gambling · 54 stocks

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.

Quality Score 65 · Above median
Fair Value upside −18% · Below median
Return on equity (TTM) 2% · Below median
Return on assets -0% · Below median
Revenue growth -90% · Bottom 25%
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Gambling median · lower = cheaper

P/E (TTM) 15.0× · Cheaper than median
P/B 0.41× · Cheaper than 75% of peers
P/FCF 24.4× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 10 · sector 30
FUTURE 0 · sector 9
PAST 8 · sector 26
HEALTH 99 · sector 89
DIVIDEND 0 · sector 66

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Gambling

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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10 more Gambling stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

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Tabcorp Holdings TAH A$0.8750 A$0.3700 -58%

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Frequently asked questions

Is Catalyst Media Group (CMX) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of £0.3700 versus a price of £0.4500, about −18% (overvalued).
What is the fair value of CMX?
Our model-based fair value for Catalyst Media Group is £0.3700 (as of Jul 15, 2026), built from audited fundamentals. The current price is £0.4500.
What is the quality score of CMX?
Catalyst Media Group has a Quality Score of 65/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Catalyst Media Group (CMX)?
Catalyst Media Group reported trailing-twelve-month revenue of about £13.7K (latest available figure, as of Jul 15, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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