Canal+ CAN.L
FranceCommunication Services · EntertainmentLondon Stock Exchange · GBP
3.51 GBP (+61.1%)
9 analysts
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Canal+ is a French media and entertainment company that operates pay-TV and streaming services, offering premium and sports content to its subscribers.
Listed on London Stock Exchange · Symbol CAN.L · LON: CAN · Currency GBP
Key points
from its scores- ✕Little or no dividend2.4
- ✕Unfavourable risk and backdrop3.6
- ✕Weak growth4.8
AI analysis
bottom line, main risk, context and newsThe valuation is tempting, but profitability and earnings growth need to stabilize before considering an entry.
Canal+ presents a very attractive valuation (forward P/E 6.46, FCF yield 38.89%) and strong revenue growth (39.6%), but the decline in earnings (-57.1%) and low ROE (1.13%) reflect profitability issues that the market is already discounting.
The main risk is the decline in earnings (-57.1%) and low ROE (1.13%), indicating a potential erosion of profitability in the core business.
Context and risks
Canal+ operates in France, a country with elevated governance risk according to the assigned profile. Although the company is not state-owned, weak institutional protection for minority shareholders and potential regulatory intervention in the media and entertainment sector justify a moderate adjustment to the base risk.
Is Canal+ stock cheap or expensive?
at the analysis dateOn EV / EBITDA, it trades 57% below the Communication Services median.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| EV / EBITDA | 4.2 | 9.6 | −57% |
| Price / book | 0.7 | 2.3 | −69% |
| Price / sales | 0.3 | 1.9 | −84% |
Sector: median of the 102 Communication Services companies analysed. In bold, the multiples used for the comparison.
Valuation score: 5.0 out of 10 (median for Communication Services: 6.3).
Average analyst target: 3.51 GBP, +61.1% versus the price.
A discount may reflect more risk or slower growth than its sector: Financial health 5.1 (sector 6.6), Growth 4.8 (sector 5.4).
Classic formulas with standard assumptions (5.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Communication Services medianValuation
- Forward P/E
- 6.5
- EV / EBITDA
- 4.2
- Price / book
- 0.7
- Price / sales
- 0.3
- Market cap
- 2.1B GBP
- Enterprise value
- 5.1B EUR
Profitability
- ROE
- 1.1%
- ROA
- 4.7%
- ROIC (approx.)
- 11.9%
- Gross margin
- 47.2%
- Operating margin
- 10.3%
- Net margin
- −1.1%
- Free cash flow
- 983.4M EUR
- FCF yield
- 38.9%
- Cash conversion
- 81%
Solvency
- Total debt
- 3.5B EUR
- Net debt
- 2.5B EUR
- Cash
- 952.0M EUR
- EBITDA
- 1.2B EUR
- Net debt / EBITDA
- 2.09
- Debt / equity
- 92.44
- Current ratio
- 0.96
- Quick ratio
- 0.66
Growth
- Revenue growth
- +39.6%
- Earnings growth
- −57.1%
- EPS (TTM)
- −0.01 GBP
- EPS (forward)
- 0.34 GBP
Dividend
- Dividend yield
- 0.9%
Risk and market
- Analyst consensus
- Buy (9)
- Target price
- 3.51 GBP
Recent news
All CAN.L news →Compare it with its sector
All 102 in Communication Services →Frequently asked questions about Canal+
Is Canal+ stock cheap or expensive?
On EV / EBITDA, it trades 57% below the Communication Services median. Valuation score: 5.0 out of 10 (median for Communication Services: 6.3). Average analyst target: 3.51 GBP, +61.1% versus the price. This is not investment advice.
What score does Canal+ get on MeridIAn Screener?
It scores 4.9 out of 10, rank 1,729 of 2,130 (better than 17% of the companies analysed). Its strongest category is Momentum (6.4) and its weakest, Dividend (2.4). Analysis of 08/10/2026.
How much is Canal+ worth on the stock market?
Its market capitalisation is 2.1B GBP and its enterprise value, debt included, is 5.1B GBP.
How much debt does Canal+ have?
Its net debt (debt minus cash) is 2.5B EUR. That is 2.09 times its EBITDA; the Communication Services median is 2.19.
Does Canal+ pay a dividend?
Yes: its dividend yield is 0.92%.
How has Canal+ stock performed over the last year?
It has fallen 3.5% over the last year, excluding dividends. Over the last 52 weeks it has traded between 0.00 and 3.27 GBP. Past performance does not guarantee future results.
What do analysts think of Canal+?
9 analysts cover it; their average recommendation is “Buy” and their average target is 3.51 GBP (+61.1% versus the price). It is an estimate, not market data.