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Grupo Média Capital, SGPS, S.A (MCP) Fair Value & Analysis

Communication Services · PT · Market cap €161M

GM Grupo Média Capital, SGPS, S.A MCP · LS
Price€1.86
Fair Value€0.9500
Upside-48.9%
Quality55/100
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Healthy Growth
Thin margins · 2.6% net margin
Low debt · generates free cash flow
2.21% dividend yield
Mixed vs. peers (7/15)
Narrow moat 30/100
Evidence: High Range €0.7000 – €1.21 Share as image

Fair value as of: Jul 19, 2026

From 22 valuation models · updated 22 days ago

A solid business, but screening 49% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (€1.21). The favourable scenario is already priced in.
  • Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

€2.71 €0.6429 Fair Value €0.9500 Jun 2015 Jun 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range €0.6429 – €2.71 · fair‑value band €0.7000 – €1.21 · the €1.86 price screens above the €0.9500 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Grupo Média Capital, SGPS, S.A (MCP) currently trades at €1.86, while our model-based Fair Value estimate is €0.9500, implying the stock looks roughly 48.9% overvalued today. The Quality Score stands at 55/100 (solid quality), in the Communication Services 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).

Over the trailing twelve months, Grupo Média Capital, SGPS, S.A generated revenue of €143M at a net margin of 2.6%. Revenue declined 1.3% year over year. It earns a return on equity of 3.7%. Net debt stands at €21.0M. Fundamentals as of Jul 19, 2026

Our scenario range runs from €0.7000 (bear case) to €1.21 (bull case); at €1.86, the current price sits above 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. The share trades about 5% below its 52-week high and 17% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -52% fair-value upside, at -49%, MCP screens cheaper 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 €0.8900 €1.15 €1.56 80
Residual Income €0.7800 €0.7400 €0.5700 76
Rev-Margin DCF €0.6300 €0.9400 €1.34 74
All 22 models by family
DCF Models
FCF DCF €0.8600 €1.14 €1.61 38
Owner Earnings €0.3900 €0.5500 €0.8100 31
5Y Revenue Exit €0.6300 €0.9100 €1.33 39
5Y EBITDA Exit €1.02 €1.60 €2.36 41
5Y P/E Exit €0.6000 €0.8700 €1.20 38
10Y Revenue Exit €0.7200 €0.9200 €1.13 36
10Y EBITDA Exit €0.9400 €1.29 €1.65 37
10Y P/E Exit €0.7200 €0.9000 €1.07 35
Earnings-Based
Graham-Dodd €0.3000 €0.3800 €0.4300 54
EPV €0.2600 €0.3200 €0.3700 59
Multiples
P/E Multiple €0.7200 €0.9600 €1.21 63
P/S Multiple €0.5600 €0.7500 €0.9300 58
P/B Multiple €0.5600 €0.7500 €0.9300 55
EV/EBIT €0.7000 €1.02 €1.33 53
EV/EBITDA €1.41 €1.96 €2.51 54
EV/Revenue €0.4700 €0.7800 €1.09 43
Asset-Based
NCAV (Graham) €0.5900 €0.7900 €1.18 50
Growth DCF
Growth DCF €0.8900 €1.15 €1.56 80
Rev-Margin DCF €0.6300 €0.9400 €1.34 74
Economic Profit
Residual Income €0.7800 €0.7400 €0.5700 76
ROIC Compounder €0.2600 €0.3200 €0.3700 72
Growth Earnings
Growth-Adj P/E €0.5100 €0.7300 €0.9500 68

Widest divergence: Growth DCF (€0.9400) versus Earnings-Based (€0.3200). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) €143M
Revenue growth (YoY) -1.3%
Net margin 2.6%
Return on equity 3.7%
Free cash flow €12.9M FY2025
P/E ratio 13.6
More key figures
Operating margin 7.3%
EPS (TTM) €0.1400
Dividend yield 2.2%
EPS growth (YoY) -69.1%
Net debt €21.0M FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 53 · Market factors (momentum, volatility) 73

Profitability 38
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 46
Earnings quality: real cash, not paper profit
Fin. Strength 44
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 37
Calm price path (market factor)
Momentum 89
Price trend over the last 3–12 months (market factor)
52W Momentum 87
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

Grupo Média Capital, SGPS, S.A. engages in the production and broadcasting of television and radio programs, and production and operation of cinematographic and video graphic activities in Portugal and internationally. It operates through Television, Digital and Entertainment Area, and Audiovisual Production Area segments.

Full company description

Grupo Média Capital, SGPS, S.A. engages in the production and broadcasting of television and radio programs, and production and operation of cinematographic and video graphic activities in Portugal and internationally. It operates through Television, Digital and Entertainment Area, and Audiovisual Production Area segments. The Television, Digital and Entertainment Area segment broadcasts TVI, TVI Player, CNN Portugal, and the IOL portal, as well as properties specializing in social, lifestyle, sport, mobility and sustainability. The Audiovisual production in Portugal segment engages in production activities and various support activities for television channels through PLURALque. Grupo Média Capital, SGPS, S.A. was incorporated in 1992 and is headquartered in Barcarena, Portugal.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Grupo Média Capital, SGPS, S.A reported revenue of €166M in FY2025 versus €136M in FY2021, a compound +5.2%/yr. Reported net income was €3.7M in FY2025.

Growth Quality 62/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
€166M
Latest YoY
+3.0%
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.
+4.6%
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.
+4.1%
Avg. growth/yr (23Y) 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.
−1.1%
Revenue +5.2%/yr
FY21 €136M
FY22 €145M
FY23 €143M
FY24 €162M
FY25 €166M
Net income
FY21 −€4.1M
FY22 €36.7M
FY23 €319K
FY24 €9.3M
FY25 €3.7M

MCP screens 49% overvalued. Compare with Netflix, Inc →

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Cite: Fair Value Calculator (2026). "Grupo Média Capital, SGPS, S.A Fair Value". https://www.fairvalue-calculator.com/stock/MCP

Peer Group

Entertainment · 265 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 55 · Above median
Fair Value upside −49% · Below median
Return on equity (TTM) 4% · Above median
Return on assets 2% · Above median
Net margin (TTM) 3% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth -1% · Below median
Dividend yield (TTM) 2.2% · Above median
Debt / equity 0.23× · Higher than median

Valuation Multiples vs Entertainment median · lower = cheaper

P/E (TTM) 13.6× · Cheaper than median
P/B 1.86× · Pricier than median
P/S (TTM) 1.29× · Pricier than median
P/FCF 14.3× · Pricier than median
EV/EBITDA 18.5× · Pricier than median
PEG 6.44× · 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 0 · sector 6
FUTURE 0 · sector 10
PAST 15 · sector 0
HEALTH 89 · sector 97
DIVIDEND 44 · sector 44

VALUE 0: the price sits above our fair-value range.

Values & ESG

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

None of the checked exposures detected

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

Similar stocks

10 more Entertainment stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Netflix, Inc ZNFL C$6.77 C$2.96 -56%
The Walt Disney Company DIS $96.30 $89.55 -7%
Warner Bros. Discovery, Inc WBD $26.87 $9.13 -66%
Live Nation Entertainment, Inc LYV $178.44 $46.89 -74%
Universal Music Group UMG €18.91 €14.78 -22%
TKO Group TKO $184.40 $22.16 -88%
Empresas Cablevisión, S.A. CABLECPO 55.00 MXN 60.49 MXN +10%
Beijing Enlight Media Co 300251 ¥11.77 ¥10.97 -7%
PT MNC Digital Entertainment Tbk, MSIN 456.00 IDR 221.09 IDR -52%
Prime Focus Limited PFOCUS ₹298.25 ₹63.45 -79%

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Frequently asked questions

Is Grupo Média Capital, SGPS, S.A (MCP) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of €0.9500 versus a price of €1.86, about −49% (overvalued).
What is the fair value of MCP?
Our model-based fair value for Grupo Média Capital, SGPS, S.A is €0.9500 (as of Jul 19, 2026), built from audited fundamentals. The current price is €1.86.
What is the quality score of MCP?
Grupo Média Capital, SGPS, S.A has a Quality Score of 55/100. 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 Grupo Média Capital, SGPS, S.A (MCP)?
Grupo Média Capital, SGPS, S.A reported trailing-twelve-month revenue of about €143M (latest available figure, as of Jul 19, 2026).
What is the net profit margin of MCP?
The net profit margin of Grupo Média Capital, SGPS, S.A is about 2.6%, meaning it keeps roughly 2.6% of revenue as net income. Based on the latest reported figures.
Does Grupo Média Capital, SGPS, S.A pay a dividend?
Grupo Média Capital, SGPS, S.A currently shows a dividend yield of about 2.21% relative to its recent price (as of Jul 19, 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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