DGAP-News Your Family Entertainment AG: Your Family Entertainment AG confirms WARBURG RESEARCH's expectations with 2020 year-end results
DGAP-News: Your Family Entertainment AG / Key word(s): Research Update
Corporate News Your Family Entertainment AG (WKN A161N1; ISIN DE000A161N14)
Your Family Entertainment AG confirms WARBURG RESEARCH's expectations with 2020 year-end results
In the update report to its research study published in May 2021, independent Warburg Research analysts confirm a price target of EUR 1.40 and highlight additional price upside potential based on the value of IP rights:
"The size of the film library in the area of children's and family programmes also remains of great importance. This applies not only to deliveries to existing customers, but also to the basic equipment of new players. This aspect is important, as the DCF valuation (WRe) does notinclude the strategic value for a potential rights buyer, which would be far more closely aligned with the value of the film rights (i.e. historical production costs EUR 11.50 per share)", concludes Warburg Research.
The research update is now available on the Your Family Entertainment AG website at (Investor Relations section):
About Your Family Entertainment AG
The German company Your Family Entertainment AG ("YFE") (WKN [German security code number]: A161N1, ISIN: DE000A161N14, ticker symbol: RTV) is one of the leading producers and distributors of high-quality programs for children and families. It owns and operates one of the largest independent libraries in Europe, including well-known series such as "Enid Blyton", "Fix & Foxi", and "Altair". YFE focuses on engaging, educational, and entertaining content, which is free of violence. Furthermore, YFE operates the award-winning pay-TV channel "Fix&Foxi TV" on four different continents, the free-to-air channel "RiC TV", its international pay-TV version "RiC.today" as well as several mobile TV streams and digital channels worldwide.
Your Family Entertainment AG
Chief Financial Officer
80801 Munich, Germany
Tel.: +49 (0) 89 99 72 71-0
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|Company:||Your Family Entertainment AG|
|Phone:||+49 (0)89 997 271-0|
|Fax:||+49 (0)89 997 271-91|
|Listed:||Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart|
|EQS News ID:||1195849|
|End of News||DGAP News Service|
1195849 12.05.2021Your Family Entertainment Aktie jetzt über den Testsieger (Finanztest 11/2020) handeln, ab 0 € auf Smartbroker.de