GRUPO TELEVISA SA-SPON ADR (TV) Stock Fundamental Analysis
NYSE:TV - New York Stock Exchange, Inc. - US40049J2069 - ADR - Currency: USD
We assign a fundamental rating of 4 out of 10 to TV. TV was compared to 98 industry peers in the Media industry. TV scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. TV is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
TV had negative earnings in the past year.
TV had a positive operating cash flow in the past year.
In multiple years TV reported negative net income over the last 5 years.
In the past 5 years TV always reported a positive cash flow from operatings.
1.2 Ratios
TV has a Return On Assets (-3.60%) which is comparable to the rest of the industry.
TV's Return On Equity of -8.68% is in line compared to the rest of the industry. TV outperforms 45.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.6% | ||
| ROE | -8.68% | ||
| ROIC | N/A |
ROA(3y)2.82%
ROA(5y)2.01%
ROE(3y)6.57%
ROE(5y)5.1%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
TV has a Gross Margin (33.15%) which is in line with its industry peers.
In the last couple of years the Gross Margin of TV has declined.
The Profit Margin and Operating Margin are not available for TV so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 33.15% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.12%
GM growth 5Y-5.11%
2. Health
2.1 Basic Checks
TV does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, TV has less shares outstanding
The number of shares outstanding for TV has been reduced compared to 5 years ago.
TV has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.16, we must say that TV is in the distress zone and has some risk of bankruptcy.
TV's Altman-Z score of 1.16 is in line compared to the rest of the industry. TV outperforms 55.10% of its industry peers.
The Debt to FCF ratio of TV is 4.50, which is a neutral value as it means it would take TV, 4.50 years of fcf income to pay off all of its debts.
TV has a Debt to FCF ratio of 4.50. This is in the better half of the industry: TV outperforms 76.53% of its industry peers.
TV has a Debt/Equity ratio of 0.94. This is a neutral value indicating TV is somewhat dependend on debt financing.
TV has a Debt to Equity ratio of 0.94. This is comparable to the rest of the industry: TV outperforms 40.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | 4.5 | ||
| Altman-Z | 1.16 |
ROIC/WACCN/A
WACC5.93%
2.3 Liquidity
TV has a Current Ratio of 2.32. This indicates that TV is financially healthy and has no problem in meeting its short term obligations.
TV's Current ratio of 2.32 is amongst the best of the industry. TV outperforms 80.61% of its industry peers.
A Quick Ratio of 2.31 indicates that TV has no problem at all paying its short term obligations.
TV has a better Quick ratio (2.31) than 76.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.32 | ||
| Quick Ratio | 2.31 |
3. Growth
3.1 Past
TV shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -792.95%.
The Revenue has decreased by -5.98% in the past year.
The Revenue has been decreasing by -9.36% on average over the past years.
EPS 1Y (TTM)-792.95%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%115.2%
Revenue 1Y (TTM)-5.98%
Revenue growth 3Y-5.56%
Revenue growth 5Y-9.36%
Sales Q2Q%-6.3%
3.2 Future
TV is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.05% yearly.
The Revenue is expected to decrease by -3.12% on average over the next years.
EPS Next Y102.21%
EPS Next 2Y55.85%
EPS Next 3Y28.03%
EPS Next 5Y14.05%
Revenue Next Year-6.41%
Revenue Next 2Y-4.07%
Revenue Next 3Y-2.78%
Revenue Next 5Y-3.12%
3.3 Evolution
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
The Price/Earnings Ratio is negative for TV. In the last year negative earnings were reported.
The Price/Forward Earnings ratio is 6.06, which indicates a rather cheap valuation of TV.
TV's Price/Forward Earnings ratio is rather cheap when compared to the industry. TV is cheaper than 85.71% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of TV to the average of the S&P500 Index (35.31), we can say TV is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 6.06 |
4.2 Price Multiples
92.86% of the companies in the same industry are more expensive than TV, based on the Enterprise Value to EBITDA ratio.
96.94% of the companies in the same industry are more expensive than TV, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.04 | ||
| EV/EBITDA | 4.17 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
TV's earnings are expected to grow with 28.03% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y55.85%
EPS Next 3Y28.03%
5. Dividend
5.1 Amount
TV has a Yearly Dividend Yield of 4.01%, which is a nice return.
Compared to an average industry Dividend Yield of 4.69, TV pays a better dividend. On top of this TV pays more dividend than 86.73% of the companies listed in the same industry.
TV's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.01% |
5.2 History
TV has been paying a dividend for at least 10 years, so it has a reliable track record.
TV has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)0%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
The earnings of TV are negative and hence is the payout ratio. TV will probably not be able to sustain this dividend level.
DP-11.45%
EPS Next 2Y55.85%
EPS Next 3Y28.03%
2.35
-0.03 (-1.26%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners10.19%
Inst Owner Change2.74%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.25B
Analysts72.94
Price Target4.31 (83.4%)
Short Float %45.45%
Short Ratio2.13
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.01% |
Yearly Dividend0
Dividend Growth(5Y)0%
DP-11.45%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-961.83%
Min EPS beat(2)-2071.68%
Max EPS beat(2)148.02%
EPS beat(4)3
Avg EPS beat(4)-454.87%
Min EPS beat(4)-2071.68%
Max EPS beat(4)148.02%
EPS beat(8)5
Avg EPS beat(8)-232.08%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-3.44%
Min Revenue beat(2)-4.06%
Max Revenue beat(2)-2.81%
Revenue beat(4)0
Avg Revenue beat(4)-5.27%
Min Revenue beat(4)-10.44%
Max Revenue beat(4)-2.81%
Revenue beat(8)0
Avg Revenue beat(8)-4.29%
Revenue beat(12)0
Avg Revenue beat(12)-3.81%
Revenue beat(16)0
Avg Revenue beat(16)-7.53%
PT rev (1m)-4.85%
PT rev (3m)-2.84%
EPS NQ rev (1m)9.09%
EPS NQ rev (3m)-400%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-0.34%
Revenue NQ rev (3m)-1.75%
Revenue NY rev (1m)-1%
Revenue NY rev (3m)-1.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 6.06 | ||
| P/S | 0.38 | ||
| P/FCF | 1.04 | ||
| P/OCF | 0.72 | ||
| P/B | 0.23 | ||
| P/tB | 0.37 | ||
| EV/EBITDA | 4.17 |
EPS(TTM)-0.87
EYN/A
EPS(NY)0.39
Fwd EY16.49%
FCF(TTM)2.27
FCFY96.59%
OCF(TTM)3.28
OCFY139.46%
SpS6.14
BVpS10.28
TBVpS6.41
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.6% | ||
| ROE | -8.68% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 33.15% | ||
| FCFM | 36.95% |
ROA(3y)2.82%
ROA(5y)2.01%
ROE(3y)6.57%
ROE(5y)5.1%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.12%
GM growth 5Y-5.11%
F-Score3
Asset Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | 4.5 | ||
| Debt/EBITDA | 5.02 | ||
| Cap/Depr | 50.43% | ||
| Cap/Sales | 16.4% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 169.97% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.32 | ||
| Quick Ratio | 2.31 | ||
| Altman-Z | 1.16 |
F-Score3
WACC5.93%
ROIC/WACCN/A
Cap/Depr(3y)71.72%
Cap/Depr(5y)85.92%
Cap/Sales(3y)23.24%
Cap/Sales(5y)25.14%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-792.95%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%115.2%
EPS Next Y102.21%
EPS Next 2Y55.85%
EPS Next 3Y28.03%
EPS Next 5Y14.05%
Revenue 1Y (TTM)-5.98%
Revenue growth 3Y-5.56%
Revenue growth 5Y-9.36%
Sales Q2Q%-6.3%
Revenue Next Year-6.41%
Revenue Next 2Y-4.07%
Revenue Next 3Y-2.78%
Revenue Next 5Y-3.12%
EBIT growth 1Y-123.73%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year617.8%
EBIT Next 3Y92.09%
EBIT Next 5Y46.53%
FCF growth 1Y301.78%
FCF growth 3Y72.62%
FCF growth 5Y31.03%
OCF growth 1Y38.01%
OCF growth 3Y2.8%
OCF growth 5Y3.56%