Loading...

We've got a brand new version of Simply Wall St! Try it out

Altice Europe

DB:6ATA
Snowflake Description

Good value with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
6ATA
DB
€6B
Market Cap
  1. Home
  2. DE
  3. Media
Company description

Altice Europe N.V. operates as a telecom, content, media, entertainment, and advertising company primarily in France, Portugal, Israel, and the Dominican Republic. The last earnings update was 24 days ago. More info.


Add to Portfolio Compare Print
  • Altice Europe has significant price volatility in the past 3 months.
6ATA Share Price and Events
7 Day Returns
-6.1%
DB:6ATA
-0%
DE Media
-0.3%
DE Market
1 Year Returns
141%
DB:6ATA
3.5%
DE Media
14.9%
DE Market
6ATA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Altice Europe (6ATA) -6.1% 0.8% 29.4% 141% - -
DE Media -0% -3.9% 0.5% 3.5% -16% -18.7%
DE Market -0.3% 0.1% 7.5% 14.9% 9.5% 19.3%
1 Year Return vs Industry and Market
  • 6ATA outperformed the Media industry which returned 3.5% over the past year.
  • 6ATA outperformed the Market in Germany which returned 14.9% over the past year.
Price Volatility
6ATA
Industry
5yr Volatility vs Market
Related Companies

6ATA Value

 Is Altice Europe undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Altice Europe to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Altice Europe.

DB:6ATA Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 14 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:6ATA
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Media Unlevered Beta Simply Wall St/ S&P Global 0.77
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.767 (1 + (1- 25%) (673.78%))
3.439
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 5.44%)
10.49%

Discounted Cash Flow Calculation for DB:6ATA using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Altice Europe is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:6ATA DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (EUR, Millions) Source Present Value
Discounted (@ 10.49%)
2020 1,833.24 Analyst x5 1,659.19
2021 1,532.00 Analyst x2 1,254.91
2022 3,380.00 Analyst x2 2,505.81
2023 3,433.00 Analyst x1 2,303.47
2024 3,463.40 Est @ 0.89% 2,103.24
2025 3,480.82 Est @ 0.5% 1,913.13
2026 3,489.00 Est @ 0.24% 1,735.56
2027 3,490.66 Est @ 0.05% 1,571.53
2028 3,487.73 Est @ -0.08% 1,421.14
2029 3,481.61 Est @ -0.18% 1,283.96
Present value of next 10 years cash flows €17,751.00
DB:6ATA DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= €3,481.61 × (1 + -0.39%) ÷ (10.49% – -0.39%)
€31,875.29
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= €31,875.29 ÷ (1 + 10.49%)10
€11,755.05
DB:6ATA Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= €17,751.00 + €11,755.05
€29,506.05
Equity Value per Share
(EUR)
= Total value / Shares Outstanding
= €29,506.05 / 1,194.01
€24.71
DB:6ATA Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:6ATA represents 0.99026x of ENXTAM:ATC
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99026x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (EUR) x Listing Adjustment Factor
= € 24.71 x 0.99026
€24.47
Value per share (EUR) From above. €24.47
Current discount Discount to share price of €5.08
= -1 x (€5.08 - €24.47) / €24.47
79.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Altice Europe is available for.
Intrinsic value
>50%
Share price is €5.08 vs Future cash flow value of €24.47
Current Discount Checks
For Altice Europe to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Altice Europe's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Altice Europe's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Altice Europe's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Altice Europe's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:6ATA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in EUR €1.21
ENXTAM:ATC Share Price ** ENXTAM (2019-12-06) in EUR €5.13
Germany Media Industry PE Ratio Median Figure of 13 Publicly-Listed Media Companies 25.23x
Germany Market PE Ratio Median Figure of 404 Publicly-Listed Companies 20.37x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Altice Europe.

DB:6ATA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ENXTAM:ATC Share Price ÷ EPS (both in EUR)

= 5.13 ÷ 1.21

4.22x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Altice Europe is good value based on earnings compared to the DE Media industry average.
  • Altice Europe is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Altice Europe's expected growth come at a high price?
Raw Data
DB:6ATA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.22x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts
-63.5%per year
Germany Media Industry PEG Ratio Median Figure of 8 Publicly-Listed Media Companies 2.01x
Germany Market PEG Ratio Median Figure of 261 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

DB:6ATA PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 4.22x ÷ -63.5%

-0.07x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Altice Europe earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Altice Europe's assets?
Raw Data
DB:6ATA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in EUR €-0.76
ENXTAM:ATC Share Price * ENXTAM (2019-12-06) in EUR €5.13
Germany Media Industry PB Ratio Median Figure of 14 Publicly-Listed Media Companies 3.03x
Germany Market PB Ratio Median Figure of 578 Publicly-Listed Companies 1.85x
DB:6ATA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ENXTAM:ATC Share Price ÷ Book Value per Share (both in EUR)

= 5.13 ÷ -0.76

-6.79x

* Primary Listing of Altice Europe.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Altice Europe has negative assets, we can't compare the value of its assets to the DE Media industry average.
X
Value checks
We assess Altice Europe's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Media industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Media industry average (and greater than 0)? (1 check)
  5. Altice Europe has a total score of 4/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

6ATA Future Performance

 How is Altice Europe expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-63.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Altice Europe expected to grow at an attractive rate?
  • Altice Europe's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Altice Europe's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • Altice Europe's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:6ATA Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:6ATA Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts -63.5%
DB:6ATA Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 14 Analysts 1.5%
Germany Media Industry Earnings Growth Rate Market Cap Weighted Average 7.9%
Germany Media Industry Revenue Growth Rate Market Cap Weighted Average 3.2%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:6ATA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
All numbers in EUR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:6ATA Future Estimates Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 14,368 6,464 -332 1
2022-12-31 15,454 6,389 -250 2
2021-12-31 15,364 5,175 192 10
2020-12-31 14,947 4,283 -305 14
2019-12-31 14,624 3,567 2,188 10
2019-12-07
DB:6ATA Past Financials Data
Date (Data in EUR Millions) Revenue Cash Flow Net Income *
2019-09-30 14,385 5,497 1,449
2019-06-30 14,212 5,461 1,708
2019-03-31 14,167 5,028 1,985
2018-12-31 14,255 4,857 -1,045
2018-09-30 14,444 7,409 -1,631
2018-06-30 14,743 7,421 -2,000
2018-03-31 15,016 7,946 -2,388
2017-12-31 15,152 8,068 -2,033
2017-09-30 17,424 6,002 -1,689
2017-06-30 19,532 6,731 -1,613
2017-03-31 20,230 6,728 -1,365
2016-12-31 20,756 7,003 -1,558

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Altice Europe's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Altice Europe's revenue is expected to grow by 1.5% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:6ATA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below

All data from Altice Europe Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:6ATA Future Estimates Data
Date (Data in EUR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 2.39 2.39 2.39 1.00
2022-12-31 2.24 2.24 2.24 1.00
2021-12-31 0.14 1.11 -0.19 5.00
2020-12-31 -0.19 0.90 -0.88 5.00
2019-12-31 1.63 1.98 1.44 4.00
2019-12-07
DB:6ATA Past Financials Data
Date (Data in EUR Millions) EPS *
2019-09-30 1.21
2019-06-30 1.43
2019-03-31 1.67
2018-12-31 -0.88
2018-09-30 -1.37
2018-06-30 -1.67
2018-03-31 -2.01
2017-12-31 -1.73
2017-09-30 -1.46
2017-06-30 -1.43
2017-03-31 -1.23
2016-12-31 -1.42

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Altice Europe is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Altice Europe's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Altice Europe has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

6ATA Past Performance

  How has Altice Europe performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Altice Europe's growth in the last year to its industry (Media).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Altice Europe's year on year earnings growth rate has been positive over the past 5 years.
  • Altice Europe has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Altice Europe has become profitable in the last year making it difficult to compare the DE Media industry average.
Earnings and Revenue History
Altice Europe's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Altice Europe Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:6ATA Past Revenue, Cash Flow and Net Income Data
Date (Data in EUR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 14,384.90 1,448.80 1,550.80
2019-06-30 14,211.60 1,707.90 1,566.00
2019-03-31 14,167.20 1,985.10 1,564.80
2018-12-31 14,255.20 -1,044.50 1,545.70
2018-09-30 14,443.80 -1,630.80 1,508.40
2018-06-30 14,742.70 -1,999.80 1,516.50
2018-03-31 15,016.30 -2,388.00 1,536.30
2017-12-31 15,151.60 -2,032.70 1,583.80
2017-09-30 17,423.60 -1,688.90 1,990.40
2017-06-30 19,531.60 -1,612.70 2,244.70
2017-03-31 20,230.40 -1,365.40 2,292.80
2016-12-31 20,755.70 -1,557.60 2,287.30
2016-09-30 18,575.40 -1,475.20 1,895.60
2016-06-30 16,551.50 -1,313.00 1,540.40
2016-03-31 15,546.90 -1,256.20 1,387.90
2015-12-31 14,550.30 -400.70 1,242.10
2015-09-30 12,336.00 -136.20 1,019.20
2015-06-30 9,299.10 -215.50 773.10
2015-03-31 6,619.20 7.00 505.60
2014-12-31 3,934.50 -429.60 344.80
2014-09-30 2,605.80 -26.70 231.00
2014-06-30 2,129.30 125.60 231.80
2014-03-31 1,581.10 209.00 267.80
2013-12-31 1,286.80 71.80 215.40
2013-09-30 1,207.80 -131.20 280.80
2012-12-31 1,092.40 -139.30 230.70

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Altice Europe has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • Altice Europe used its assets more efficiently than the DE Media industry average last year based on Return on Assets.
  • Altice Europe's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Altice Europe's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Media industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Altice Europe has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

6ATA Health

 How is Altice Europe's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Altice Europe's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Altice Europe's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Altice Europe's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Altice Europe's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Altice Europe has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Altice Europe Company Filings, last reported 2 months ago.

DB:6ATA Past Debt and Equity Data
Date (Data in EUR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 -661.30 37,953.30 3,436.80
2019-06-30 -567.60 34,871.30 1,091.80
2019-03-31 -112.40 36,554.80 2,347.20
2018-12-31 -2,904.70 36,843.60 1,842.00
2018-09-30 -4,399.80 36,945.80 761.80
2018-06-30 -4,074.10 37,779.80 1,616.80
2018-03-31 -711.40 37,177.30 975.70
2017-12-31 -363.50 56,057.30 1,243.60
2017-09-30 -1,815.50 57,073.00 1,669.10
2017-06-30 -280.50 57,195.40 1,282.00
2017-03-31 -2,624.90 61,842.80 1,607.40
2016-12-31 -2,339.60 61,930.80 1,806.40
2016-09-30 -40.30 58,927.50 1,868.00
2016-06-30 668.00 57,991.60 1,952.90
2016-03-31 1,365.40 48,755.80 2,649.60
2015-12-31 1,869.80 48,950.00 2,527.00
2015-09-30 1,881.40 32,916.30 948.70
2015-06-30 1,809.40 33,012.10 717.20
2015-03-31 2,258.60 32,602.30 1,341.80
2014-12-31 5,224.10 22,536.40 1,699.00
2014-09-30 848.80 21,612.10 540.70
2014-06-30 1,649.00 20,378.10 1,133.70
2014-03-31 1,176.70 6,824.20 347.20
2013-12-31 95.30 4,154.10 61.60
2013-09-30 -87.00 2,798.50 61.90
2012-12-31 278.00 1,966.20 129.80
  • Altice Europe has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Altice Europe's debt level has increased considering it has negative shareholder equity.
  • Debt is not well covered by operating cash flow (14.5%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 0.5x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Altice Europe's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Altice Europe has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

6ATA Dividends

 What is Altice Europe's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Altice Europe dividends. Estimated to be 0.25% next year.
If you bought €2,000 of Altice Europe shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Altice Europe's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Altice Europe's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:6ATA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
Germany Media Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 5.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:6ATA Future Dividends Estimate Data
Date (Data in €) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.04 5.00
2020-12-31 0.01 9.00
2019-12-31 0.00 9.00
2019-12-07

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Altice Europe has not reported any payouts.
  • Unable to verify if Altice Europe's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Altice Europe's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Altice Europe has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Altice Europe's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Altice Europe's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Altice Europe afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Altice Europe has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

6ATA Management

 What is the CEO of Altice Europe's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Alain Weill
COMPENSATION €23,177,667
AGE 58
TENURE AS CEO 1.9 years
CEO Bio

Mr. Alain Weill has been the Chief Executive Officer of Altice N.V. since 2018. Mr. Weill has been the Chairman of the Board and Chief Executive Officer of SFR Group SA (now Altice France S.A.) since November 9, 2017. Mr. Weill has been the Chief Executive Officer of SFR SA since November 9, 2017. Mr. Weill has been the Chief Executive Officer of SFR Media at Numericable-SFR since May 10, 2016. He has been the Chief Operating Officer of Altice Media since November 2017. Mr. Weill has been Chairman and Chief Executive Officer of NextRadioTV SA since October 6, 2005. Mr. Weill served as the Chief Executive Officer of Altice Media at Altice N.V. He served as General Manager of Quarare (Sodexho Group). In 1990, he became the attaché to the general management of Compagnie Luxembourgeoise de Télédiffusion (CLT), then Chairman and Chief Executive Officer of the network, a subsidiary of CLT and the Spanish group SER. Since 1992, he served as Chief Executive Officer of NRJ Group. In 2000, he acquired RMC radio and created the NextRadio group. He was appointed to the general management of NRJ Régies in 1995, where he was Vice Chairman of the management board since 1997. In 2002, he purchased BFM and turned it into a radio station dedicated to economics. In 2005, he launched BFM TV, which became the first news TV channel in France. Mr. Weill has been Chairman of the Syndicat indépendant des régies de radios privés (SIRRP) union since 1998. He served as Deputy Chairman of RMC and Chairman of Business FM, BFMTV, RMC Sport, Groupe Tests Holding, NextInteractiveMedia, 01 Régie, Pôle électro, BFM Business TV, CBFM, RMC BFM Production, Next Developpement 2, Next Developpement 3, RMC Découverte, News Participations , WMC. Mr. Weill began his career in 1985 as Director of the radio network NRJ. In 2005, he launched BFM TV, which became the 1st news TV channel in France. He serves as a Director of Médiamétrie SA. He has been a Director of NextRadioTV SA since September 20, 2005. From 1985 to 1989, he served as Director of the NRJ SA network. He served as an Independent Director of Iliad SA from December 12, 2003 to July 31, 2015. Mr. Weill is also a graduate from the "Institut Supérieur des Affaires". He holds a Bachelor’s degree in Economics and an MBA from HEC Business School.

CEO Compensation
  • Insufficient data for Alain to compare compensation growth.
  • Alain's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Altice Europe management team in years:

1.9
Average Tenure
55
Average Age
  • The average tenure for the Altice Europe management team is less than 2 years, this suggests a new team.
Management Team

Alain Weill

TITLE
CEO & Director
COMPENSATION
€23M
AGE
58
TENURE
1.9 yrs

Dennis Okhuijsen

TITLE
Vice President of the Board & Advisor
COMPENSATION
€5M
AGE
48

Patrick Drahi

TITLE
President of the Board & Director
COMPENSATION
€35M
AGE
55

Natacha Marty

TITLE
Company Secretary
COMPENSATION
€589K
AGE
45

Bruno Moineville

TITLE
Founding Partner
AGE
55

Malo Corbin

TITLE
Chief Financial Officer
AGE
35
TENURE
1.2 yrs

Armando Pereira

TITLE
Chief Operating Officer
AGE
58

Pierre Chappaz

TITLE
Member of Management Board
TENURE
2.5 yrs

Sam Wood

TITLE
Head of Investor Relations

Arthur Dreyfuss

TITLE
Head of Communications
Board of Directors Tenure

Average tenure and age of the Altice Europe board of directors in years:

1.4
Average Tenure
55
Average Age
  • The average tenure for the Altice Europe board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jurgen van Breukelen

TITLE
Independent Chairman of the Board
COMPENSATION
€243K
AGE
49
TENURE
4.3 yrs

Alain Weill

TITLE
CEO & Director
COMPENSATION
€23M
AGE
58
TENURE
1.4 yrs

Dennis Okhuijsen

TITLE
Vice President of the Board & Advisor
COMPENSATION
€5M
AGE
48

Patrick Drahi

TITLE
President of the Board & Director
COMPENSATION
€35M
AGE
55
TENURE
1.5 yrs

Natacha Marty

TITLE
Company Secretary
COMPENSATION
€589K
AGE
45
TENURE
1.4 yrs

Eric Denoyer

TITLE
Chairman of Numericable - SFR and Chief Executive Officer of Numericable - SFR
AGE
55
TENURE
8.9 yrs

Thierry Sauvaire

TITLE
Independent Non-Executive Director
COMPENSATION
€42K
AGE
54
TENURE
1.4 yrs

Nicolas Paulmier

TITLE
Non-Executive Director
COMPENSATION
€13K
AGE
55
TENURE
1.1 yrs

Philippe Besnier

TITLE
Non-Executive Director
COMPENSATION
€10K
AGE
67
TENURE
1.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Altice Europe's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Altice Europe has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

6ATA News

Simply Wall St News

6ATA Company Info

Description

Altice Europe N.V. operates as a telecom, content, media, entertainment, and advertising company primarily in France, Portugal, Israel, and the Dominican Republic. It delivers customer-centric products and solutions that connect and unlock of its approximately 30 million customers over fiber networks and mobile broadband. The company also provides enterprise digital solutions to various business customers. It enables people to live out their passions by providing original content and TV shows, as well as international, national, and local news channels. It delivers live broadcast premium sports events and enables its customers to enjoy media and entertainment. The company was formerly known as Altice NV and changed its name to Altice Europe N.V. in June 2018. Altice Europe N.V. was founded in 2001 and is headquartered in Amsterdam, the Netherlands. Altice Europe N.V. operates as a subsidiary of Next Alt S.a.r.l.

Details
Name: Altice Europe N.V.
6ATA
Exchange: DB
Founded: 2001
€6,196,917,852
1,194,011,147
Website: http://www.altice.net
Address: Altice Europe N.V.
Prins Bernhardplein 200,
Amsterdam,
Noord-Holland, 1097 JB,
Netherlands
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ENXTAM ATC Class A Common Shares Euronext Amsterdam NL EUR 10. Aug 2015
OTCPK ALLV.F Class A Common Shares Pink Sheets LLC US USD 10. Aug 2015
DB 6AT Class A Common Shares Deutsche Boerse AG DE EUR 10. Aug 2015
LSE 0RAN Class A Common Shares London Stock Exchange GB EUR 10. Aug 2015
WBAG ATC Class A Common Shares Wiener Boerse AG AT EUR 10. Aug 2015
BATS-CHIXE ATCa Class A Common Shares BATS 'Chi-X Europe' GB EUR 10. Aug 2015
ENXTAM ATCB Class B Common Shares Euronext Amsterdam NL EUR 10. Aug 2015
OTCPK ALTC.Y UNSPONSORED ADS Pink Sheets LLC US USD 13. Dec 2017
OTCPK ALVV.F Class B Common Shares Pink Sheets LLC US USD 10. Aug 2015
DB 6ATA Class B Common Shares Deutsche Boerse AG DE EUR 10. Aug 2015
LSE 0RAL Class B Common Shares London Stock Exchange GB EUR 10. Aug 2015
BATS-CHIXE ATCBa Class B Common Shares BATS 'Chi-X Europe' GB EUR 10. Aug 2015
Number of employees
Current staff
Staff numbers
35,328
Altice Europe employees.
Industry
Cable and Satellite
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/07 22:13
End of day share price update: 2019/12/06 00:00
Last estimates confirmation: 2019/12/03
Last earnings filing: 2019/11/13
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.