Television Francaise 1 SA (TFI) - Net Assets
Based on the latest financial reports, Television Francaise 1 SA (TFI) has net assets worth €2.12 Billion EUR (≈ $2.47 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.82 Billion ≈ $4.47 Billion USD) and total liabilities (€1.71 Billion ≈ $1.99 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Television Francaise 1 SA (TFI) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.12 Billion |
| % of Total Assets | 55.37% |
| Annual Growth Rate | 3.75% |
| 5-Year Change | 19.63% |
| 10-Year Change | 41.61% |
| Growth Volatility | 8.95 |
Television Francaise 1 SA - Net Assets Trend (2004–2025)
This chart illustrates how Television Francaise 1 SA's net assets have evolved over time, based on quarterly financial data. See how many days can Television Francaise 1 SA fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Television Francaise 1 SA (2004–2025)
The table below shows the annual net assets of Television Francaise 1 SA from 2004 to 2025. For live valuation and market cap data, see market cap of Television Francaise 1 SA.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €2.11 Billion ≈ $2.47 Billion |
+0.66% |
| 2024-12-31 | €2.10 Billion ≈ $2.46 Billion |
+7.54% |
| 2023-12-31 | €1.95 Billion ≈ $2.28 Billion |
+4.76% |
| 2022-12-31 | €1.86 Billion ≈ $2.18 Billion |
+5.48% |
| 2021-12-31 | €1.77 Billion ≈ $2.07 Billion |
+10.72% |
| 2020-12-31 | €1.60 Billion ≈ $1.87 Billion |
+2.03% |
| 2019-12-31 | €1.56 Billion ≈ $1.83 Billion |
-0.92% |
| 2018-12-31 | €1.58 Billion ≈ $1.85 Billion |
-0.20% |
| 2017-12-31 | €1.58 Billion ≈ $1.85 Billion |
+5.98% |
| 2016-12-31 | €1.49 Billion ≈ $1.75 Billion |
-15.28% |
| 2015-12-31 | €1.76 Billion ≈ $2.06 Billion |
-13.63% |
| 2014-12-31 | €2.04 Billion ≈ $2.38 Billion |
+10.75% |
| 2013-12-31 | €1.84 Billion ≈ $2.15 Billion |
+2.23% |
| 2012-12-31 | €1.80 Billion ≈ $2.11 Billion |
+13.52% |
| 2011-12-31 | €1.59 Billion ≈ $1.86 Billion |
+2.56% |
| 2010-12-31 | €1.55 Billion ≈ $1.81 Billion |
+10.81% |
| 2009-12-31 | €1.40 Billion ≈ $1.63 Billion |
+1.43% |
| 2008-12-31 | €1.38 Billion ≈ $1.61 Billion |
-1.23% |
| 2007-12-31 | €1.39 Billion ≈ $1.63 Billion |
+2.65% |
| 2006-12-31 | €1.36 Billion ≈ $1.59 Billion |
+29.36% |
| 2005-12-31 | €1.05 Billion ≈ $1.23 Billion |
+7.62% |
| 2004-12-31 | €975.50 Million ≈ $1.14 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Television Francaise 1 SA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 559.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.48 Billion | 72.00% |
| Common Stock | €42.20 Million | 2.05% |
| Other Comprehensive Income | €519.00 Million | 25.21% |
| Other Components | €15.10 Million | 0.73% |
| Total Equity | €2.06 Billion | 100.00% |
Television Francaise 1 SA Competitors by Market Cap
The table below lists competitors of Television Francaise 1 SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Novavax Inc
NASDAQ:NVAX
|
$1.41 Billion |
|
Shanghai Geoharbour Construction Group Co Ltd
SHG:605598
|
$1.41 Billion |
|
Top Glove Corporation Bhd
KLSE:7113
|
$1.41 Billion |
|
Yelp Inc
NYSE:YELP
|
$1.41 Billion |
|
Zhejiang Zuch Technology Co. Ltd. A
SHE:301280
|
$1.41 Billion |
|
Direcional Engenharia S.A.
SA:DIRR3
|
$1.41 Billion |
|
REDOX Ltd
AU:RDX
|
$1.41 Billion |
|
ArriVent BioPharma, Inc. Common Stock
NASDAQ:AVBP
|
$1.41 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Television Francaise 1 SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,044,500,000 to 2,058,300,000, a change of 13,800,000 (0.7%).
- Net income of 152,800,000 contributed positively to equity growth.
- Dividend payments of 126,600,000 reduced retained earnings.
- Other comprehensive income decreased equity by 42,400,000.
- Other factors increased equity by 30,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €152.80 Million | +7.42% |
| Dividends Paid | €126.60 Million | -6.15% |
| Other Comprehensive Income | €-42.40 Million | -2.06% |
| Other Changes | €30.00 Million | +1.46% |
| Total Change | €- | 0.67% |
Book Value vs Market Value Analysis
This analysis compares Television Francaise 1 SA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.68x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.45x to 0.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | €4.53 | €6.60 | x |
| 2005-12-31 | €4.91 | €6.60 | x |
| 2006-12-31 | €6.32 | €6.60 | x |
| 2007-12-31 | €6.49 | €6.60 | x |
| 2008-12-31 | €6.45 | €6.60 | x |
| 2009-12-31 | €6.47 | €6.60 | x |
| 2010-12-31 | €7.15 | €6.60 | x |
| 2011-12-31 | €7.39 | €6.60 | x |
| 2012-12-31 | €7.98 | €6.60 | x |
| 2013-12-31 | €8.08 | €6.60 | x |
| 2014-12-31 | €9.44 | €6.60 | x |
| 2015-12-31 | €8.22 | €6.60 | x |
| 2016-12-31 | €7.11 | €6.60 | x |
| 2017-12-31 | €7.52 | €6.60 | x |
| 2018-12-31 | €7.47 | €6.60 | x |
| 2019-12-31 | €7.42 | €6.60 | x |
| 2020-12-31 | €7.59 | €6.60 | x |
| 2021-12-31 | €8.39 | €6.60 | x |
| 2022-12-31 | €8.83 | €6.60 | x |
| 2023-12-31 | €9.26 | €6.60 | x |
| 2024-12-31 | €9.67 | €6.60 | x |
| 2025-12-31 | €9.72 | €6.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Television Francaise 1 SA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.42%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.65%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.82x
- Recent ROE (7.42%) is below the historical average (12.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 23.05% | 7.89% | 0.87x | 3.36x | €127.23 Million |
| 2005 | 22.48% | 9.42% | 0.72x | 3.30x | €131.19 Million |
| 2006 | 33.32% | 17.05% | 0.72x | 2.70x | €316.69 Million |
| 2007 | 16.34% | 8.24% | 0.76x | 2.62x | €88.40 Million |
| 2008 | 11.90% | 6.31% | 0.69x | 2.72x | €26.11 Million |
| 2009 | 8.20% | 4.84% | 0.64x | 2.64x | €-25.14 Million |
| 2010 | 14.90% | 8.74% | 0.79x | 2.16x | €75.41 Million |
| 2011 | 11.82% | 7.10% | 0.78x | 2.13x | €28.59 Million |
| 2012 | 8.07% | 7.66% | 0.49x | 2.15x | €-32.48 Million |
| 2013 | 8.01% | 7.29% | 0.51x | 2.14x | €-34.14 Million |
| 2014 | 20.60% | 21.93% | 0.51x | 1.86x | €212.36 Million |
| 2015 | 5.74% | 5.58% | 0.56x | 1.85x | €-74.27 Million |
| 2016 | 2.79% | 2.22% | 0.58x | 2.15x | €-107.64 Million |
| 2017 | 8.60% | 7.05% | 0.57x | 2.14x | €-22.09 Million |
| 2018 | 8.12% | 5.59% | 0.72x | 2.00x | €-29.70 Million |
| 2019 | 9.91% | 6.62% | 0.70x | 2.14x | €-1.44 Million |
| 2020 | 3.46% | 2.66% | 0.62x | 2.11x | €-104.36 Million |
| 2021 | 12.74% | 9.28% | 0.65x | 2.10x | €48.49 Million |
| 2022 | 9.45% | 7.02% | 0.69x | 1.96x | €-10.19 Million |
| 2023 | 9.82% | 8.36% | 0.63x | 1.87x | €-3.43 Million |
| 2024 | 10.05% | 8.72% | 0.61x | 1.90x | €1.05 Million |
| 2025 | 7.42% | 6.65% | 0.61x | 1.82x | €-53.03 Million |
Industry Comparison
This section compares Television Francaise 1 SA's net assets metrics with peer companies in the Broadcasting industry.
Industry Context
- Industry: Broadcasting
- Average net assets among peers: $2,413,497,333
- Average return on equity (ROE) among peers: 15.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Television Francaise 1 SA (TFI) | €2.12 Billion | 23.05% | 0.81x | $1.41 Billion |
| Métropole Télévision S.A. (MMT) | $504.30 Million | 30.97% | 1.76x | $1.48 Billion |
| NRJ Group (NRG) | $479.69 Million | 11.03% | 0.50x | $549.72 Million |
| SES S. A. (SESG) | $6.26 Billion | 4.73% | 1.12x | $2.27 Billion |
About Television Francaise 1 SA
TF1 SA operates as a media and entertainment company, primarily engages in television broadcasting, content creation, and distribution of audiovisual rights in France, Continental Europe, and internationally. The company operates through two segments, Media and Studio TF1. The Media segment includes TV channels and content creation activities, the TF1+ free streaming platform, and produces and ac… Read more