NEW YORK TIMES CO-A (NYT) Stock Fundamental Analysis
USA - NYSE:NYT - US6501111073 - Common Stock
54.97 USD
+0.31 (+0.57%)
54.97 USD
0 (0%)
Taking everything into account, NYT scores 7 out of 10 in our fundamental rating. NYT was compared to 95 industry peers in the Media industry. NYT has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. 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
In the past year NYT was profitable.
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
Looking at the Return On Assets, with a value of 11.42%, NYT belongs to the top of the industry, outperforming 94.74% of the companies in the same industry.
Looking at the Return On Equity, with a value of 16.55%, NYT belongs to the top of the industry, outperforming 86.32% of the companies in the same industry.
NYT's Return On Invested Capital of 14.36% is amongst the best of the industry. NYT outperforms 95.79% of its industry peers.
NYT had an Average Return On Invested Capital over the past 3 years of 11.43%. This is above the industry average of 8.50%.
The last Return On Invested Capital (14.36%) for NYT is above the 3 year average (11.43%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.42% | ||
| ROE | 16.55% | ||
| ROIC | 14.36% |
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
NYT has a better Profit Margin (11.92%) than 84.21% of its industry peers.
NYT's Profit Margin has improved in the last couple of years.
NYT has a better Operating Margin (15.50%) than 82.11% of its industry peers.
NYT's Operating Margin has improved in the last couple of years.
NYT's Gross Margin of 50.04% is in line compared to the rest of the industry. NYT outperforms 56.84% of its industry peers.
NYT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.5% | ||
| PM (TTM) | 11.92% | ||
| GM | 50.04% |
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
NYT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for NYT has been reduced compared to 1 year ago.
NYT has less shares outstanding than it did 5 years ago.
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.
2.2 Solvency
An Altman-Z score of 8.94 indicates that NYT is not in any danger for bankruptcy at the moment.
The Altman-Z score of NYT (8.94) is better than 92.63% of its industry peers.
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 | 8.94 |
ROIC/WACC1.65
WACC8.69%
2.3 Liquidity
A Current Ratio of 1.48 indicates that NYT should not have too much problems paying its short term obligations.
The Current ratio of NYT (1.48) is better than 62.11% of its industry peers.
NYT has a Quick Ratio of 1.48. This is a normal value and indicates that NYT is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.48, NYT is in the better half of the industry, outperforming 63.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.48 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 22.40% over the past year.
Measured over the past years, NYT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.92% on average per year.
NYT shows a small growth in Revenue. In the last year, the Revenue has grown by 7.82%.
Measured over the past years, NYT shows a small growth in Revenue. The Revenue has been growing by 7.37% on average per year.
EPS 1Y (TTM)22.4%
EPS 3Y16.23%
EPS 5Y16.92%
EPS Q2Q%28.89%
Revenue 1Y (TTM)7.82%
Revenue growth 3Y7.62%
Revenue growth 5Y7.37%
Sales Q2Q%9.72%
3.2 Future
Based on estimates for the next years, NYT will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.13% on average per year.
Based on estimates for the next years, NYT will show a small growth in Revenue. The Revenue will grow by 6.49% on average per year.
EPS Next Y18.39%
EPS Next 2Y12.53%
EPS Next 3Y12.43%
EPS Next 5Y13.13%
Revenue Next Year7.96%
Revenue Next 2Y7.1%
Revenue Next 3Y6.62%
Revenue Next 5Y6.49%
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 rather expensively with a Price/Earnings ratio of 24.54.
Compared to the rest of the industry, the Price/Earnings ratio of NYT indicates a somewhat cheap valuation: NYT is cheaper than 65.26% of the companies listed in the same industry.
NYT is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.34, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 21.60 indicates a rather expensive valuation of NYT.
NYT's Price/Forward Earnings is on the same level as the industry average.
The average S&P500 Price/Forward Earnings ratio is at 22.86. NYT is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.54 | ||
| Fwd PE | 21.6 |
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 ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.66 | ||
| EV/EBITDA | 16.1 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of NYT may justify a higher PE ratio.
A more expensive valuation may be justified as NYT's earnings are expected to grow with 12.43% in the coming years.
PEG (NY)1.33
PEG (5Y)1.45
EPS Next 2Y12.53%
EPS Next 3Y12.43%
5. Dividend
5.1 Amount
NYT has a Yearly Dividend Yield of 1.30%. Purely for dividend investing, there may be better candidates out there.
NYT's Dividend Yield is a higher than the industry average which is at 4.36.
With a Dividend Yield of 1.30, NYT pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.3% |
5.2 History
On average, the dividend of NYT grows each year by 21.48%, which is quite nice.
NYT has paid a dividend for at least 10 years, which is a reliable track record.
NYT has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)21.48%
Div Incr Years6
Div Non Decr Years11
5.3 Sustainability
29.50% 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.
DP29.5%
EPS Next 2Y12.53%
EPS Next 3Y12.43%
54.97
+0.31 (+0.57%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners98.63%
Inst Owner Change-0.29%
Ins Owners0.61%
Ins Owner Change-0.15%
Market Cap8.95B
Analysts75
Price Target58.59 (6.59%)
Short Float %6.77%
Short Ratio5.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.3% |
Yearly Dividend0.5
Dividend Growth(5Y)21.48%
DP29.5%
Div Incr Years6
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)16.94%
Min EPS beat(2)15.73%
Max EPS beat(2)18.14%
EPS beat(4)4
Avg EPS beat(4)12.21%
Min EPS beat(4)6.49%
Max EPS beat(4)18.14%
EPS beat(8)8
Avg EPS beat(8)19.88%
EPS beat(12)12
Avg EPS beat(12)28.39%
EPS beat(16)16
Avg EPS beat(16)25.56%
Revenue beat(2)1
Avg Revenue beat(2)0.21%
Min Revenue beat(2)-0.82%
Max Revenue beat(2)1.24%
Revenue beat(4)1
Avg Revenue beat(4)-0.41%
Min Revenue beat(4)-1.09%
Max Revenue beat(4)1.24%
Revenue beat(8)2
Avg Revenue beat(8)-0.53%
Revenue beat(12)4
Avg Revenue beat(12)-0.43%
Revenue beat(16)6
Avg Revenue beat(16)-0.34%
PT rev (1m)0%
PT rev (3m)0.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)9.21%
EPS NY rev (1m)1.29%
EPS NY rev (3m)7.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.76%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.54 | ||
| Fwd PE | 21.6 | ||
| P/S | 3.33 | ||
| P/FCF | 19.66 | ||
| P/OCF | 18.27 | ||
| P/B | 4.62 | ||
| P/tB | 6.98 | ||
| EV/EBITDA | 16.1 |
EPS(TTM)2.24
EY4.07%
EPS(NY)2.55
Fwd EY4.63%
FCF(TTM)2.8
FCFY5.09%
OCF(TTM)3.01
OCFY5.47%
SpS16.51
BVpS11.89
TBVpS7.88
PEG (NY)1.33
PEG (5Y)1.45
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.42% | ||
| ROE | 16.55% | ||
| ROCE | 18.71% | ||
| ROIC | 14.36% | ||
| ROICexc | 18.96% | ||
| ROICexgc | 30.93% | ||
| OM | 15.5% | ||
| PM (TTM) | 11.92% | ||
| GM | 50.04% | ||
| FCFM | 16.93% |
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%
ROICexcg growth 3Y17%
ROICexcg 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 Turnover0.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 41.07% | ||
| Cap/Sales | 1.29% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 97.77% | ||
| Profit Quality | 142.1% | ||
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.48 | ||
| Altman-Z | 8.94 |
F-Score9
WACC8.69%
ROIC/WACC1.65
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)22.4%
EPS 3Y16.23%
EPS 5Y16.92%
EPS Q2Q%28.89%
EPS Next Y18.39%
EPS Next 2Y12.53%
EPS Next 3Y12.43%
EPS Next 5Y13.13%
Revenue 1Y (TTM)7.82%
Revenue growth 3Y7.62%
Revenue growth 5Y7.37%
Sales Q2Q%9.72%
Revenue Next Year7.96%
Revenue Next 2Y7.1%
Revenue Next 3Y6.62%
Revenue Next 5Y6.49%
EBIT growth 1Y22.62%
EBIT growth 3Y10.95%
EBIT growth 5Y15.46%
EBIT Next Year37.56%
EBIT Next 3Y18.17%
EBIT Next 5YN/A
FCF growth 1Y101.81%
FCF growth 3Y17.6%
FCF growth 5Y21.42%
OCF growth 1Y92.64%
OCF growth 3Y15.12%
OCF growth 5Y16.67%