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ProSiebenSat.1 Media SE (PSM) Fair Value & Analysis

Communication Services · DE · Market cap €929M

P1 ProSiebenSat.1 Media SE PSM · XETRA
Price€3.51
Fair Value€7.78
Upside+121.9%
Quality94/100
Evidence: High Range €4.11 – €11.46

Fair value as of: Jun 25, 2026

From 15 valuation models · updated 4 days ago

Fair value updated Jun 25, 2026 — revised from €14.00 to €7.78 (−44.4%) since Jun 24, 2026. Share price −14.6% over the past month.

Price vs Fair Value (12 months)

€8.45 €3.51 Fair Value €7.78 Jun 2025 Jun 2026

12‑month range €3.51 – €8.45 · fair‑value band €4.11 – €11.46 · the €3.51 price screens below the €7.78 fair value. As of Jun 25, 2026.

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Analysis

ProSiebenSat.1 Media SE (PSM) currently trades at €3.51, while our model-based Fair Value estimate is €7.78 — implying the stock looks roughly 121.9% undervalued today. We read business quality at 94/100 (high quality), in the Communication Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, ProSiebenSat.1 Media SE generated revenue of €3.6B at a net margin of -4.2%. Revenue declined 9.4% year over year. It earns a return on equity of -11.9%. Net debt stands at €1.6B. Fundamentals as of Jun 25, 2026

Key figures & financial health

Revenue (TTM) €3.6B
Revenue growth (YoY) -9.4%
Net margin -4.2%
Return on equity -11.9%
Free cash flow €900M FY2025
Operating margin 0.4%
More key figures
EPS (TTM) €-0.6500
Dividend yield 1.3%
EPS growth (YoY) +1,000%
Net debt €1.6B FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 25, 2026. TTM = trailing twelve months.

About the company

ProSiebenSat.1 Media SE operates as a media company in Germany, Austria, Switzerland, the United States, and internationally. It operates through three segments: Entertainment, Dating & Video, and Commerce & Ventures. The Entertainment segment operates free TV channels and digital platforms, such as SAT.1, ProSieben, Kabel Eins, sixx, SAT.1 Gold, ProSieben MAXX, and Kabel Eins Doku, as well as PULS4, PULS24, ATV I, ATV II, and PLUS 8. This segment is involved in operating commercial websites; production and distribution programming portfolio, including entertainment, reality, and factual formats, as well as TV series, TV films, and digital content; and operates Studio71 which creates and sells digital offerings for influencers. Its Dating & Video segment engages in online matchmaking services for online dating and entertainment under Parship, ElitePartner, eharmony, LOVOO help singles brand names. This segment provides video-based social entertainment applications, such as MeetMe, S…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

ProSiebenSat.1 Media SE reported revenue of €3.7B in FY2025 versus €4.5B in FY2021, a compound −4.9%/yr. Reported net income was −€169M in FY2025.

Revenue −4.9%/yr
FY21 €4.5B
FY22 €4.2B
FY23 €3.9B
FY24 €3.9B
FY25 €3.7B
Net income
FY21 €456M
FY22 €5.0M
FY23 −€124M
FY24 €51.0M
FY25 −€169M

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Similar stocks

6 more Broadcasting stocks, each showing price versus our Fair Value estimate (as of Jun 25, 2026).

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SKY Perfect JSAT Corporation SKPJY $47.85 $14.59 -70%
RTL Group RGLXF $41.00 $43.74 +7%
Nexstar Media Group NXST $181.20 $59.31 -67%
SES S.A SESG €7.20 €15.57 +116%
Nippon Television Holdings NPTVF $18.22 $23.96 +32%
ITV plc ITVPY $10.57 $12.30 +16%

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Frequently asked questions

Is ProSiebenSat.1 Media SE (PSM) undervalued?
As of Jun 25, 2026, our model estimates a fair value of €7.78 versus a price of €3.51 — about +122% (undervalued). Model-based estimate, not financial advice.
What is the fair value of PSM?
Our 21-model fair value for ProSiebenSat.1 Media SE is €7.78 (as of Jun 25, 2026), built from audited fundamentals. The current price is €3.51.
What is the quality score of PSM?
ProSiebenSat.1 Media SE has a Quality Score of 94/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of ProSiebenSat.1 Media SE (PSM)?
ProSiebenSat.1 Media SE reported trailing-twelve-month revenue of about €3.6B (latest available figure, as of Jun 25, 2026).
What is the net profit margin of PSM?
The net profit margin of ProSiebenSat.1 Media SE is about -4.2%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does ProSiebenSat.1 Media SE pay a dividend?
ProSiebenSat.1 Media SE currently shows a dividend yield of about 1.28% relative to its recent price (as of Jun 25, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.