NEW YORK TIMES CO-A (NYT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NYT - US6501111073 - Common Stock
71.65 USD
+0.4 (+0.56%)
71.65 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to NYT. NYT was compared to 91 industry peers in the Media industry. NYT gets an excellent profitability rating and is at the same time showing great financial health properties. NYT has a correct valuation and a medium growth rate. These ratings would make NYT suitable for quality investing!
1. Profitability
1.1 Basic Checks
NYT had positive earnings in the past year.
In the past year NYT had a positive cash flow from operations.
In the past 5 years NYT has always been profitable.
NYT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NYT has a Return On Assets of 11.70%. This is amongst the best in the industry. NYT outperforms 95.60% of its industry peers.
NYT has a Return On Equity of 17.06%. This is amongst the best in the industry. NYT outperforms 90.11% of its industry peers.
NYT has a Return On Invested Capital of 14.98%. This is amongst the best in the industry. NYT outperforms 96.70% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NYT is above the industry average of 6.93%.
The 3 year average ROIC (11.43%) for NYT is below the current ROIC(14.98%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.7% | ||
| ROE | 17.06% | ||
| ROIC | 14.98% |
ROA(3y)8.59%
ROA(5y)7.74%
ROE(3y)13.1%
ROE(5y)12.23%
ROIC(3y)11.43%
ROIC(5y)10.49%
1.3 Margins
With an excellent Profit Margin value of 12.29%, NYT belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
NYT's Profit Margin has improved in the last couple of years.
NYT's Operating Margin of 16.12% is amongst the best of the industry. NYT outperforms 82.42% of its industry peers.
NYT's Operating Margin has improved in the last couple of years.
NYT has a Gross Margin (50.51%) which is in line with its industry peers.
NYT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.12% | ||
| PM (TTM) | 12.29% | ||
| GM | 50.51% |
OM growth 3Y3.09%
OM growth 5Y7.54%
PM growth 3Y2.34%
PM growth 5Y8.02%
GM growth 3Y-0.36%
GM growth 5Y-4.15%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NYT is creating some value.
The number of shares outstanding for NYT has been reduced compared to 1 year ago.
Compared to 5 years ago, NYT has less shares outstanding
NYT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 10.43 indicates that NYT is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 10.43, NYT belongs to the top of the industry, outperforming 95.60% of the companies in the same industry.
There is no outstanding debt for NYT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 10.43 |
ROIC/WACC1.7
WACC8.82%
2.3 Liquidity
A Current Ratio of 1.52 indicates that NYT should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.52, NYT is doing good in the industry, outperforming 63.74% of the companies in the same industry.
NYT has a Quick Ratio of 1.52. This is a normal value and indicates that NYT is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.52, NYT is doing good in the industry, outperforming 64.84% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.52 |
3. Growth
3.1 Past
NYT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.61%, which is quite impressive.
The Earnings Per Share has been growing by 16.92% on average over the past years. This is quite good.
NYT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.43%.
NYT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.37% yearly.
EPS 1Y (TTM)24.61%
EPS 3Y16.23%
EPS 5Y16.92%
EPS Q2Q%31.11%
Revenue 1Y (TTM)8.43%
Revenue growth 3Y7.62%
Revenue growth 5Y7.37%
Sales Q2Q%9.47%
3.2 Future
NYT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.82% yearly.
The Revenue is expected to grow by 6.82% on average over the next years.
EPS Next Y22.1%
EPS Next 2Y15.68%
EPS Next 3Y14.2%
EPS Next 5Y12.82%
Revenue Next Year8.81%
Revenue Next 2Y7.86%
Revenue Next 3Y7.12%
Revenue Next 5Y6.82%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
NYT is valuated quite expensively with a Price/Earnings ratio of 30.11.
Compared to the rest of the industry, the Price/Earnings ratio of NYT indicates a somewhat cheap valuation: NYT is cheaper than 63.74% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of NYT to the average of the S&P500 Index (26.92), we can say NYT is valued inline with the index average.
The Price/Forward Earnings ratio is 26.64, which means the current valuation is very expensive for NYT.
The rest of the industry has a similar Price/Forward Earnings ratio as NYT.
NYT's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 23.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.11 | ||
| Fwd PE | 26.64 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as NYT.
NYT's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.68 | ||
| EV/EBITDA | 20.03 |
4.3 Compensation for Growth
NYT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
NYT has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as NYT's earnings are expected to grow with 14.20% in the coming years.
PEG (NY)1.36
PEG (5Y)1.78
EPS Next 2Y15.68%
EPS Next 3Y14.2%
5. Dividend
5.1 Amount
NYT has a Yearly Dividend Yield of 1.04%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.28, NYT pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.94, NYT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.04% |
5.2 History
The dividend of NYT is nicely growing with an annual growth rate of 21.48%!
NYT has been paying a dividend for at least 10 years, so it has a reliable track record.
NYT has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)21.48%
Div Incr Years6
Div Non Decr Years11
5.3 Sustainability
30.32% of the earnings are spent on dividend by NYT. This is a low number and sustainable payout ratio.
The dividend of NYT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP30.32%
EPS Next 2Y15.68%
EPS Next 3Y14.2%
71.65
+0.4 (+0.56%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners99.33%
Inst Owner Change0%
Ins Owners0.61%
Ins Owner Change-0.28%
Market Cap11.63B
Revenue(TTM)2.75B
Net Income(TTM)337.87M
Analysts76
Price Target66.88 (-6.66%)
Short Float %4.99%
Short Ratio4.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.04% |
Yearly Dividend0.5
Dividend Growth(5Y)21.48%
DP30.32%
Div Incr Years6
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.61%
Min EPS beat(2)9.5%
Max EPS beat(2)15.73%
EPS beat(4)4
Avg EPS beat(4)12.47%
Min EPS beat(4)6.49%
Max EPS beat(4)18.14%
EPS beat(8)8
Avg EPS beat(8)17.77%
EPS beat(12)12
Avg EPS beat(12)24.37%
EPS beat(16)16
Avg EPS beat(16)25.38%
Revenue beat(2)2
Avg Revenue beat(2)0.87%
Min Revenue beat(2)0.49%
Max Revenue beat(2)1.24%
Revenue beat(4)2
Avg Revenue beat(4)-0.02%
Min Revenue beat(4)-0.99%
Max Revenue beat(4)1.24%
Revenue beat(8)2
Avg Revenue beat(8)-0.53%
Revenue beat(12)5
Avg Revenue beat(12)-0.29%
Revenue beat(16)6
Avg Revenue beat(16)-0.37%
PT rev (1m)2.41%
PT rev (3m)14.15%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.51%
EPS NY rev (1m)0%
EPS NY rev (3m)3.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.81%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.11 | ||
| Fwd PE | 26.64 | ||
| P/S | 4.23 | ||
| P/FCF | 21.68 | ||
| P/OCF | 20.34 | ||
| P/B | 5.87 | ||
| P/tB | 8.72 | ||
| EV/EBITDA | 20.03 |
EPS(TTM)2.38
EY3.32%
EPS(NY)2.69
Fwd EY3.75%
FCF(TTM)3.3
FCFY4.61%
OCF(TTM)3.52
OCFY4.92%
SpS16.93
BVpS12.2
TBVpS8.22
PEG (NY)1.36
PEG (5Y)1.78
Graham Number25.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.7% | ||
| ROE | 17.06% | ||
| ROCE | 19.51% | ||
| ROIC | 14.98% | ||
| ROICexc | 20.57% | ||
| ROICexgc | 33.73% | ||
| OM | 16.12% | ||
| PM (TTM) | 12.29% | ||
| GM | 50.51% | ||
| FCFM | 19.52% |
ROA(3y)8.59%
ROA(5y)7.74%
ROE(3y)13.1%
ROE(5y)12.23%
ROIC(3y)11.43%
ROIC(5y)10.49%
ROICexc(3y)14.65%
ROICexc(5y)14.2%
ROICexgc(3y)25.48%
ROICexgc(5y)21.57%
ROCE(3y)14.89%
ROCE(5y)13.67%
ROICexgc growth 3Y17%
ROICexgc growth 5Y17.39%
ROICexc growth 3Y3.36%
ROICexc growth 5Y8.52%
OM growth 3Y3.09%
OM growth 5Y7.54%
PM growth 3Y2.34%
PM growth 5Y8.02%
GM growth 3Y-0.36%
GM growth 5Y-4.15%
F-Score9
Asset Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 41.68% | ||
| Cap/Sales | 1.29% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 108.27% | ||
| Profit Quality | 158.8% | ||
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.52 | ||
| Altman-Z | 10.43 |
F-Score9
WACC8.82%
ROIC/WACC1.7
Cap/Depr(3y)35.41%
Cap/Depr(5y)44.4%
Cap/Sales(3y)1.22%
Cap/Sales(5y)1.45%
Profit Quality(3y)113.54%
Profit Quality(5y)142.07%
High Growth Momentum
Growth
EPS 1Y (TTM)24.61%
EPS 3Y16.23%
EPS 5Y16.92%
EPS Q2Q%31.11%
EPS Next Y22.1%
EPS Next 2Y15.68%
EPS Next 3Y14.2%
EPS Next 5Y12.82%
Revenue 1Y (TTM)8.43%
Revenue growth 3Y7.62%
Revenue growth 5Y7.37%
Sales Q2Q%9.47%
Revenue Next Year8.81%
Revenue Next 2Y7.86%
Revenue Next 3Y7.12%
Revenue Next 5Y6.82%
EBIT growth 1Y24.8%
EBIT growth 3Y10.95%
EBIT growth 5Y15.46%
EBIT Next Year41.51%
EBIT Next 3Y19.59%
EBIT Next 5YN/A
FCF growth 1Y103.17%
FCF growth 3Y17.6%
FCF growth 5Y21.42%
OCF growth 1Y97.41%
OCF growth 3Y15.12%
OCF growth 5Y16.67%
NEW YORK TIMES CO-A / NYT FAQ
What is the fundamental rating for NYT stock?
ChartMill assigns a fundamental rating of 7 / 10 to NYT.
What is the valuation status of NEW YORK TIMES CO-A (NYT) stock?
ChartMill assigns a valuation rating of 4 / 10 to NEW YORK TIMES CO-A (NYT). This can be considered as Fairly Valued.
What is the profitability of NYT stock?
NEW YORK TIMES CO-A (NYT) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for NYT stock?
The Price/Earnings (PE) ratio for NEW YORK TIMES CO-A (NYT) is 30.11 and the Price/Book (PB) ratio is 5.87.
Can you provide the expected EPS growth for NYT stock?
The Earnings per Share (EPS) of NEW YORK TIMES CO-A (NYT) is expected to grow by 22.1% in the next year.