Mondo TV (MTV)

Business description

Mondo TV is a global media group with a focus on the production, acquisition and exploitation of animated children’s television series. It owns the rights to over 1,500 TV episodes and films, which it distributes across 75 markets. 80% of revenues are generated in Asia, 10% in Italy, 7% in Europe and 3% in America.

Stock data

Market cap.€140.4m
Last close€4.53
High / Low (52 weeks)€7.2 / €3.8
Stock market listingMI
Forecast net cash (€m)1.4
Forecast gearing ratio (%)N/A
TeamMedia
SectorMedia

Price performance

%1m3m12m
Actual(10.7)(25.7)7.1
Relative *(15.9)(25.5)(5.6)

* % Relative to local index

Other companies in sector Show

Company news

BRIEF-Mondo TV Acquires Minority Stake Of Property Rights Of 'Piano no Mori ...

Thu, 19 Apr 2018 06:11:15 GMT

BRIEF-Mondo TV Reaches Understanding With Atlantyca For Coproduction Of Second ...

Wed, 21 Feb 2018 12:22:30 GMT

BRIEF-Mondo TV Signs License Agreement In Africa With South African ...

Tue, 03 Apr 2018 09:56:15 GMT

BRIEF-Mondo TV: New Animation Program License Agreement With Abu Dhabi Media

Wed, 14 Mar 2018 13:52:30 GMT

BRIEF-Mondo TV reaches agreement with ZAO 1HDTV

Mon, 20 Mar 2017 15:03:25 GMT

Investment summary

The 32% increase in EBITDA to €25m in FY17 leaves the group on track to deliver to its 2018 budget with the project pipeline evolving as expected. In March, Mondo announced that it is participating in a feasibility study, in partnership with Chinese animation group Henan York, for the potential development of a Theme Park based around Mondo and Henan brands in Zengzhou China. A preliminary study by Henan indicated a investment of up to €250m. Mondo expects the feasibility study to be completed by September 2019 and the outcome is non-binding. Any valuation of Mondo should be taken in the context of the potential outcome of the feasibility study, which has the potential to significantly alter the capital structure, as well as the earnings profile of the group.

Last updated on 06/04/2018

Y/E Dec Revenue (€m) EBITDA (€m) PBT (€m) EPS (c) P/E (x) P/CF (x)
2015A 16.8 8.9 5.4 11.69 38.8 N/A
2016A 27.4 18.1 12.7 32.37 14.0 N/A
2017E 37.6 28.0 18.7 45.68 9.9 N/A
2018E 47.0 36.2 21.8 52.91 8.6 N/A

Last updated on 28/03/2018

Latest research

YooHoo! Netflix deal drives significant upgrades

Update | Media | 04/12/2017

Guidance raised for full year

Update | Media | 06/10/2017

Management expects “best year ever”

Update | Media | 10/08/2017

World-class animations group

Initiation | Media | 19/07/2017

An animated year

QuickView | Media | 11/04/2017

Termination of coverage

Update | Media | 30/07/2013

Tough times

Update | Media | 03/02/2012

Capital increase

Update | Media | 17/11/2011

New titles include Gormiti

Review | Media | 08/09/2011

Encouraging Q1 results

Update | Media | 13/05/2011

An animated year

Outlook | Media | 22/03/2011

Positive developments

Update | Media | 31/01/2011

Latest video

Executive interview - Mondo TV

Industry outlook

The market for children’s entertainment has been reinvigorated with the growth of VOD platforms looking for multi-territory content. Animations travel well and, as seen from the success of eOne’s Peppa Pig, brands that travel have the potential to yield significant returns. Smaller brands can also be very profitable; Mondo, with its flexible cost base and high share of revenues from licensing and merchandising sales, enjoys 46% EBIT margins.

Last updated on 06/04/2018

Key management

Orlandi Corradi, Chairman
Matteo Corradi, CEO
Carlo Marchetti, FD

Company address

Via Brenta
11 00198
Rome
Italy
+39 06 86323293
View website