AMC NETWORKS INC-A (AMCX) Stock Fundamental Analysis
NASDAQ:AMCX - Nasdaq - US00164V1035 - Common Stock - Currency: USD
Taking everything into account, AMCX scores 4 out of 10 in our fundamental rating. AMCX was compared to 96 industry peers in the Media industry. AMCX has only an average score on both its financial health and profitability. AMCX is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year AMCX was profitable.
AMCX had a positive operating cash flow in the past year.
Of the past 5 years AMCX 4 years were profitable.
Each year in the past 5 years AMCX had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -5.87%, AMCX is doing worse than 64.58% of the companies in the same industry.
AMCX has a worse Return On Equity (-28.61%) than 63.54% of its industry peers.
The Return On Invested Capital of AMCX (7.00%) is better than 75.00% of its industry peers.
The Average Return On Invested Capital over the past 3 years for AMCX is in line with the industry average of 6.56%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.87% | ||
| ROE | -28.61% | ||
| ROIC | 7% |
ROA(3y)-0.24%
ROA(5y)1.64%
ROE(3y)-1.66%
ROE(5y)12.68%
ROIC(3y)8.36%
ROIC(5y)9.1%
1.3 Margins
The Operating Margin of AMCX (15.47%) is better than 81.25% of its industry peers.
In the last couple of years the Operating Margin of AMCX has declined.
Looking at the Gross Margin, with a value of 52.59%, AMCX is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Gross Margin of AMCX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.47% | ||
| PM (TTM) | N/A | ||
| GM | 52.59% |
OM growth 3Y-8.13%
OM growth 5Y-8.59%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.38%
GM growth 5Y0.47%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), AMCX is creating some value.
AMCX has more shares outstanding than it did 1 year ago.
The number of shares outstanding for AMCX has been reduced compared to 5 years ago.
AMCX has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 1.82 indicates that AMCX is not a great score, but indicates only limited risk for bankruptcy at the moment.
AMCX has a better Altman-Z score (1.82) than 66.67% of its industry peers.
AMCX has a debt to FCF ratio of 8.35. This is a slightly negative value and a sign of low solvency as AMCX would need 8.35 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 8.35, AMCX is in the better half of the industry, outperforming 64.58% of the companies in the same industry.
A Debt/Equity ratio of 2.53 is on the high side and indicates that AMCX has dependencies on debt financing.
With a Debt to Equity ratio value of 2.53, AMCX is not doing good in the industry: 70.83% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.53 | ||
| Debt/FCF | 8.35 | ||
| Altman-Z | 1.82 |
ROIC/WACC1.39
WACC5.02%
2.3 Liquidity
AMCX has a Current Ratio of 2.26. This indicates that AMCX is financially healthy and has no problem in meeting its short term obligations.
AMCX's Current ratio of 2.26 is fine compared to the rest of the industry. AMCX outperforms 73.96% of its industry peers.
A Quick Ratio of 2.26 indicates that AMCX has no problem at all paying its short term obligations.
The Quick ratio of AMCX (2.26) is better than 73.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.26 | ||
| Quick Ratio | 2.26 |
3. Growth
3.1 Past
The earnings per share for AMCX have decreased strongly by -42.43% in the last year.
AMCX shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -15.67% yearly.
The Revenue has decreased by -8.14% in the past year.
The Revenue has been decreasing by -4.58% on average over the past years.
EPS 1Y (TTM)-42.43%
EPS 3Y-25.75%
EPS 5Y-15.67%
EPS Q2Q%-55.17%
Revenue 1Y (TTM)-8.14%
Revenue growth 3Y-7.68%
Revenue growth 5Y-4.58%
Sales Q2Q%-6.91%
3.2 Future
The Earnings Per Share is expected to decrease by -0.06% on average over the next years.
AMCX is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.95% yearly.
EPS Next Y-35.22%
EPS Next 2Y-20.67%
EPS Next 3Y-13.83%
EPS Next 5Y-0.06%
Revenue Next Year-6.2%
Revenue Next 2Y-4.09%
Revenue Next 3Y-3.17%
Revenue Next 5Y-1.95%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
AMCX is valuated cheaply with a Price/Earnings ratio of 1.87.
Based on the Price/Earnings ratio, AMCX is valued cheaper than 97.92% of the companies in the same industry.
AMCX is valuated cheaply when we compare the Price/Earnings ratio to 25.91, which is the current average of the S&P500 Index.
AMCX is valuated cheaply with a Price/Forward Earnings ratio of 2.49.
AMCX's Price/Forward Earnings ratio is rather cheap when compared to the industry. AMCX is cheaper than 97.92% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of AMCX to the average of the S&P500 Index (21.77), we can say AMCX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.87 | ||
| Fwd PE | 2.49 |
4.2 Price Multiples
94.79% of the companies in the same industry are more expensive than AMCX, based on the Enterprise Value to EBITDA ratio.
96.88% of the companies in the same industry are more expensive than AMCX, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 0.99 | ||
| EV/EBITDA | 3.8 |
4.3 Compensation for Growth
AMCX's earnings are expected to decrease with -13.83% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-20.67%
EPS Next 3Y-13.83%
5. Dividend
5.1 Amount
No dividends for AMCX!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.2
-0.07 (-1.12%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners104.3%
Inst Owner Change0.4%
Ins Owners2.28%
Ins Owner Change1.05%
Market Cap278.57M
Analysts46.67
Price Target6.73 (8.55%)
Short Float %16.83%
Short Ratio9.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-35.5%
Min EPS beat(2)-36.66%
Max EPS beat(2)-34.35%
EPS beat(4)1
Avg EPS beat(4)-12.01%
Min EPS beat(4)-36.66%
Max EPS beat(4)42.91%
EPS beat(8)3
Avg EPS beat(8)-4.4%
EPS beat(12)6
Avg EPS beat(12)9.27%
EPS beat(16)9
Avg EPS beat(16)28.29%
Revenue beat(2)0
Avg Revenue beat(2)-3.99%
Min Revenue beat(2)-4.4%
Max Revenue beat(2)-3.59%
Revenue beat(4)2
Avg Revenue beat(4)-1.47%
Min Revenue beat(4)-4.4%
Max Revenue beat(4)2.05%
Revenue beat(8)2
Avg Revenue beat(8)-2.66%
Revenue beat(12)3
Avg Revenue beat(12)-3.51%
Revenue beat(16)6
Avg Revenue beat(16)-1.58%
PT rev (1m)-19.51%
PT rev (3m)-23.26%
EPS NQ rev (1m)-13.19%
EPS NQ rev (3m)-30.49%
EPS NY rev (1m)-11.41%
EPS NY rev (3m)-11.91%
Revenue NQ rev (1m)-1.02%
Revenue NQ rev (3m)-6.23%
Revenue NY rev (1m)-0.72%
Revenue NY rev (3m)-2.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.87 | ||
| Fwd PE | 2.49 | ||
| P/S | 0.12 | ||
| P/FCF | 0.99 | ||
| P/OCF | 0.84 | ||
| P/B | 0.31 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.8 |
EPS(TTM)3.31
EY53.39%
EPS(NY)2.49
Fwd EY40.09%
FCF(TTM)6.25
FCFY100.83%
OCF(TTM)7.42
OCFY119.74%
SpS52.97
BVpS19.78
TBVpS-27.32
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.87% | ||
| ROE | -28.61% | ||
| ROCE | 10.29% | ||
| ROIC | 7% | ||
| ROICexc | 9.25% | ||
| ROICexgc | 42.29% | ||
| OM | 15.47% | ||
| PM (TTM) | N/A | ||
| GM | 52.59% | ||
| FCFM | 11.8% |
ROA(3y)-0.24%
ROA(5y)1.64%
ROE(3y)-1.66%
ROE(5y)12.68%
ROIC(3y)8.36%
ROIC(5y)9.1%
ROICexc(3y)10.3%
ROICexc(5y)11.26%
ROICexgc(3y)45.57%
ROICexgc(5y)45.25%
ROCE(3y)12.28%
ROCE(5y)13.37%
ROICexcg growth 3Y-5.75%
ROICexcg growth 5Y4.36%
ROICexc growth 3Y-6.93%
ROICexc growth 5Y-6.93%
OM growth 3Y-8.13%
OM growth 5Y-8.59%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.38%
GM growth 5Y0.47%
F-Score6
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.53 | ||
| Debt/FCF | 8.35 | ||
| Debt/EBITDA | 4.87 | ||
| Cap/Depr | 56.57% | ||
| Cap/Sales | 2.21% | ||
| Interest Coverage | 2.37 | ||
| Cash Conversion | 72.31% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.26 | ||
| Quick Ratio | 2.26 | ||
| Altman-Z | 1.82 |
F-Score6
WACC5.02%
ROIC/WACC1.39
Cap/Depr(3y)39.93%
Cap/Depr(5y)41.94%
Cap/Sales(3y)1.53%
Cap/Sales(5y)1.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-42.43%
EPS 3Y-25.75%
EPS 5Y-15.67%
EPS Q2Q%-55.17%
EPS Next Y-35.22%
EPS Next 2Y-20.67%
EPS Next 3Y-13.83%
EPS Next 5Y-0.06%
Revenue 1Y (TTM)-8.14%
Revenue growth 3Y-7.68%
Revenue growth 5Y-4.58%
Sales Q2Q%-6.91%
Revenue Next Year-6.2%
Revenue Next 2Y-4.09%
Revenue Next 3Y-3.17%
Revenue Next 5Y-1.95%
EBIT growth 1Y-17.06%
EBIT growth 3Y-15.19%
EBIT growth 5Y-12.77%
EBIT Next Year-21.19%
EBIT Next 3Y-13.82%
EBIT Next 5Y-6.49%
FCF growth 1Y882.08%
FCF growth 3Y48.56%
FCF growth 5Y-3.34%
OCF growth 1Y357.55%
OCF growth 3Y37.82%
OCF growth 5Y-4.93%