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.
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.
Vantiva SA is a French multinational technology company specializing in connectivity solutions for communication, media, and entertainment industries. It designs, develops, and supplies innovative products that connect consumers worldwide to content and services, including broadband modems, Wi-Fi gateways, Android TV set-top boxes, and IoT devices under brands like SURFboard. Organized into divisions such as Connected Home for customer premises equipment, HomeSight for remote care monitoring, and Smart Spaces for self-storage systems, Vantiva serves pay-TV operators, network service providers, and enterprises. With over 130 years of heritage from predecessors like Thomson and Technicolor, and recent acquisitions including CommScope’s Home Networks in 2024, the company operates globally across 20 countries with approximately 4,000 employees from 50 nationalities. Headquartered in Paris, Vantiva emphasizes sustainability through eco-design, climate action, and net-zero emissions targets by 2050, while driving innovation in broadband, video, and smart systems to meet evolving consumer needs in a connected world.
Operating margin is thin at 3.63%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 6.9% YoY. The question is whether this is cyclical or a structural shift.
Net debt of €508M represents 8.1x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
€1.74B
▼ -6.9% YoY
Net Income (TTM)
-€393M
▼ -39.4% YoY
Op. Margin
3.63%
▲ +2.4pp YoY
ROIC
9.77%
▲ +6.4pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€63M
▲ +265.8% YoY
Op. Cash Flow (TTM)
€70M
▲ +369.2% YoY
Net Debt
€508M
Cash & Equiv.
€13M
3Y CAGR: -14.5%
3Y CAGR: +175.9%
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