TOWNSQUARE MEDIA INC - CL A (TSQ) Stock Fundamental Analysis
NYSE:TSQ - US8922311019 - Common Stock
6.96 USD
+0.14 (+2.05%)
6.96 USD
0 (0%)
Taking everything into account, TSQ scores 5 out of 10 in our fundamental rating. TSQ was compared to 100 industry peers in the Media industry. There are concerns on the financial health of TSQ while its profitability can be described as average. TSQ is valued quite cheap, while showing a decent growth score. This is a good combination! TSQ also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year TSQ was profitable.
TSQ had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: TSQ reported negative net income in multiple years.
Each year in the past 5 years TSQ had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.41%, TSQ belongs to the top of the industry, outperforming 83.00% of the companies in the same industry.
With an excellent Return On Invested Capital value of 11.59%, TSQ belongs to the best of the industry, outperforming 91.00% of the companies in the same industry.
TSQ had an Average Return On Invested Capital over the past 3 years of 10.20%. This is above the industry average of 7.52%.
The last Return On Invested Capital (11.59%) for TSQ is above the 3 year average (10.20%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.41% | ||
| ROE | N/A | ||
| ROIC | 11.59% |
ROA(3y)-2.48%
ROA(5y)-3.17%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.2%
ROIC(5y)9.02%
1.3 Margins
With a decent Profit Margin value of 7.82%, TSQ is doing good in the industry, outperforming 78.00% of the companies in the same industry.
TSQ has a better Operating Margin (15.33%) than 82.00% of its industry peers.
TSQ's Operating Margin has declined in the last couple of years.
TSQ's Gross Margin of 27.78% is on the low side compared to the rest of the industry. TSQ is outperformed by 67.00% of its industry peers.
TSQ's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.33% | ||
| PM (TTM) | 7.82% | ||
| GM | 27.78% |
OM growth 3Y-10.55%
OM growth 5Y-3.86%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.9%
GM growth 5Y-1.93%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TSQ is creating some value.
TSQ has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, TSQ has less shares outstanding
TSQ has a worse debt/assets ratio than last year.
2.2 Solvency
TSQ has an Altman-Z score of 0.49. This is a bad value and indicates that TSQ is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.49, TSQ is not doing good in the industry: 61.00% of the companies in the same industry are doing better.
TSQ has a debt to FCF ratio of 14.11. This is a negative value and a sign of low solvency as TSQ would need 14.11 years to pay back of all of its debts.
TSQ has a Debt to FCF ratio of 14.11. This is comparable to the rest of the industry: TSQ outperforms 55.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 14.11 | ||
| Altman-Z | 0.49 |
ROIC/WACC1.49
WACC7.77%
2.3 Liquidity
TSQ has a Current Ratio of 0.98. This is a bad value and indicates that TSQ is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.98, TSQ is doing worse than 63.00% of the companies in the same industry.
TSQ has a Quick Ratio of 0.98. This is a bad value and indicates that TSQ is not financially healthy enough and could expect problems in meeting its short term obligations.
TSQ's Quick ratio of 0.98 is on the low side compared to the rest of the industry. TSQ is outperformed by 62.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.98 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 142.60% over the past year.
TSQ shows a decrease in Revenue. In the last year, the revenue decreased by -0.11%.
Measured over the past years, TSQ shows a small growth in Revenue. The Revenue has been growing by 0.89% on average per year.
EPS 1Y (TTM)142.6%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%106.75%
Revenue 1Y (TTM)-0.11%
Revenue growth 3Y2.56%
Revenue growth 5Y0.89%
Sales Q2Q%-2.35%
3.2 Future
The Earnings Per Share is expected to grow by 39.26% on average over the next years. This is a very strong growth
TSQ is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.77% yearly.
EPS Next Y128.86%
EPS Next 2Y74.68%
EPS Next 3Y39.26%
EPS Next 5YN/A
Revenue Next Year-3.54%
Revenue Next 2Y0.39%
Revenue Next 3Y0.77%
Revenue Next 5YN/A
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
TSQ is valuated cheaply with a Price/Earnings ratio of 2.91.
Based on the Price/Earnings ratio, TSQ is valued cheaper than 98.00% of the companies in the same industry.
TSQ is valuated cheaply when we compare the Price/Earnings ratio to 27.14, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 6.76, the valuation of TSQ can be described as very cheap.
TSQ's Price/Forward Earnings ratio is rather cheap when compared to the industry. TSQ is cheaper than 84.00% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.80, TSQ is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.91 | ||
| Fwd PE | 6.76 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TSQ is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, TSQ is valued cheaper than 91.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.67 | ||
| EV/EBITDA | 6.09 |
4.3 Compensation for Growth
TSQ's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of TSQ may justify a higher PE ratio.
TSQ's earnings are expected to grow with 39.26% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y74.68%
EPS Next 3Y39.26%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.85%, TSQ is a good candidate for dividend investing.
TSQ's Dividend Yield is rather good when compared to the industry average which is at 4.93. TSQ pays more dividend than 99.00% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, TSQ pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.85% |
5.2 History
The dividend of TSQ is nicely growing with an annual growth rate of 18.02%!
TSQ has been paying a dividend for over 5 years, so it has already some track record.
TSQ has decreased its dividend recently.
Dividend Growth(5Y)18.02%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
36.05% of the earnings are spent on dividend by TSQ. This is a low number and sustainable payout ratio.
The dividend of TSQ is growing, but earnings are growing more, so the dividend growth is sustainable.
DP36.05%
EPS Next 2Y74.68%
EPS Next 3Y39.26%
6.96
+0.14 (+2.05%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners53.22%
Inst Owner Change-4.03%
Ins Owners9.5%
Ins Owner Change0.27%
Market Cap114.49M
Analysts83.33
Price Target17.34 (149.14%)
Short Float %1.17%
Short Ratio1.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.85% |
Yearly Dividend0.76
Dividend Growth(5Y)18.02%
DP36.05%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-8.75%
Min EPS beat(2)-23.76%
Max EPS beat(2)6.25%
EPS beat(4)3
Avg EPS beat(4)56.42%
Min EPS beat(4)-23.76%
Max EPS beat(4)162.38%
EPS beat(8)4
Avg EPS beat(8)-215%
EPS beat(12)4
Avg EPS beat(12)-191.98%
EPS beat(16)6
Avg EPS beat(16)-146.79%
Revenue beat(2)0
Avg Revenue beat(2)-0.83%
Min Revenue beat(2)-1.26%
Max Revenue beat(2)-0.4%
Revenue beat(4)1
Avg Revenue beat(4)-0.65%
Min Revenue beat(4)-1.26%
Max Revenue beat(4)0.2%
Revenue beat(8)3
Avg Revenue beat(8)-0.44%
Revenue beat(12)5
Avg Revenue beat(12)-0.37%
Revenue beat(16)9
Avg Revenue beat(16)0.09%
PT rev (1m)0%
PT rev (3m)-5.56%
EPS NQ rev (1m)-48%
EPS NQ rev (3m)-80.3%
EPS NY rev (1m)-39.13%
EPS NY rev (3m)-39.13%
Revenue NQ rev (1m)-2.76%
Revenue NQ rev (3m)-7.15%
Revenue NY rev (1m)-0.5%
Revenue NY rev (3m)-0.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 2.91 | ||
| Fwd PE | 6.76 | ||
| P/S | 0.26 | ||
| P/FCF | 3.67 | ||
| P/OCF | 2.38 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.09 |
EPS(TTM)2.39
EY34.34%
EPS(NY)1.03
Fwd EY14.8%
FCF(TTM)1.89
FCFY27.22%
OCF(TTM)2.93
OCFY42.09%
SpS27.19
BVpS-1.83
TBVpS-20.78
PEG (NY)0.02
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.41% | ||
| ROE | N/A | ||
| ROCE | 14.67% | ||
| ROIC | 11.59% | ||
| ROICexc | 11.67% | ||
| ROICexgc | 35.58% | ||
| OM | 15.33% | ||
| PM (TTM) | 7.82% | ||
| GM | 27.78% | ||
| FCFM | 6.97% |
ROA(3y)-2.48%
ROA(5y)-3.17%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.2%
ROIC(5y)9.02%
ROICexc(3y)11.08%
ROICexc(5y)9.83%
ROICexgc(3y)35.42%
ROICexgc(5y)32.69%
ROCE(3y)12.92%
ROCE(5y)11.42%
ROICexcg growth 3Y-6.81%
ROICexcg growth 5Y-0.4%
ROICexc growth 3Y-0.57%
ROICexc growth 5Y5.71%
OM growth 3Y-10.55%
OM growth 5Y-3.86%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-3.9%
GM growth 5Y-1.93%
F-Score7
Asset Turnover0.82
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 14.11 | ||
| Debt/EBITDA | 4.73 | ||
| Cap/Depr | 77.84% | ||
| Cap/Sales | 3.81% | ||
| Interest Coverage | 1.46 | ||
| Cash Conversion | 53.3% | ||
| Profit Quality | 89.07% | ||
| Current Ratio | 0.98 | ||
| Quick Ratio | 0.98 | ||
| Altman-Z | 0.49 |
F-Score7
WACC7.77%
ROIC/WACC1.49
Cap/Depr(3y)67.01%
Cap/Depr(5y)68.08%
Cap/Sales(3y)3.53%
Cap/Sales(5y)3.52%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)142.6%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%106.75%
EPS Next Y128.86%
EPS Next 2Y74.68%
EPS Next 3Y39.26%
EPS Next 5YN/A
Revenue 1Y (TTM)-0.11%
Revenue growth 3Y2.56%
Revenue growth 5Y0.89%
Sales Q2Q%-2.35%
Revenue Next Year-3.54%
Revenue Next 2Y0.39%
Revenue Next 3Y0.77%
Revenue Next 5YN/A
EBIT growth 1Y12.41%
EBIT growth 3Y-8.26%
EBIT growth 5Y-3%
EBIT Next Year297.76%
EBIT Next 3Y62.7%
EBIT Next 5YN/A
FCF growth 1Y-27.94%
FCF growth 3Y-13.71%
FCF growth 5Y9.04%
OCF growth 1Y-17.75%
OCF growth 3Y-7.27%
OCF growth 5Y4.04%