Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Atresmedia Corporación de Medios de Comunicación, S.A. is a leading Spanish media conglomerate formed from the merger of Grupo Antena 3 and Gestora de Inversiones Audiovisuales La Sexta. It operates across television, radio, digital platforms, advertising, events, and content production, holding a dominant position in Spain's audiovisual market. In television, it manages two generalist channels—Antena 3 and laSexta—alongside thematic channels like Neox (youth-oriented), Nova (female-focused), Mega (male-targeted), and Atreseries (series dedicated), all broadcast in high definition via TDT, satellite, and cable. The group also includes Atresmedia Radio, Atresmedia Publicidad for integrated campaigns, Atresmedia Digital for web content, Atresmedia Eventos for cultural and sports events like the Vuelta a España, Atresmedia Studios for fiction and film, and the Fundación Atresmedia supporting child welfare. With major shareholder Planeta-DeAgostini and a history dating to 1989 when Antena 3 became Spain's first listed media company, Atresmedia has led audiences since 2022, employing around 2,589 people and shaping multimedia consumption in Spain and internationally through channels like Antena 3 Internacional.
€4.88
€0.05 (-1.11%)
EOD Jun 23, 2026 · Twelve Data
Operating margin is thin at 7.85%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 2.7% YoY. Margins deteriorated 9.6pp alongside, both lines moving the wrong way.
Free cash flow declined 63% versus the prior year, cash generation momentum has weakened. ROIC dropped from 12.07% to 5.48%, capital efficiency is deteriorating.
17.8x earnings, 16.9x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
€894M
▼ -2.7% YoY
Net Income (TTM)
€62M
▼ -48.3% YoY
Op. Margin
7.85%
▼ -9.6pp YoY
ROIC
5.48%
▼ -6.6pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€66M
▼ -62.8% YoY
Op. Cash Flow (TTM)
€82M
▼ -57.3% YoY
Net Debt
-€71M
Net Cash Position
Cash & Equiv.
€270M
3Y CAGR: +1.0%
3Y CAGR: -14.6%
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