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DISH NETWORK CORP-A (DISH) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:DISH - US25470M1099 - Common Stock

5.77 USD
+0.11 (+1.94%)
Last: 12/29/2023, 8:00:01 PM
5.73 USD
-0.04 (-0.69%)
After Hours: 12/29/2023, 8:00:01 PM
Fundamental Rating

2

Taking everything into account, DISH scores 2 out of 10 in our fundamental rating. DISH was compared to 91 industry peers in the Media industry. DISH has a medium profitability rating, but doesn't score so well on its financial health evaluation. DISH does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

DISH had positive earnings in the past year.
DISH had a positive operating cash flow in the past year.
DISH Yearly Net Income VS EBIT VS OCF VS FCFDISH Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 0 2B -2B 4B -4B -6B

1.2 Ratios

DISH has a better Return On Assets (2.27%) than 64.58% of its industry peers.
DISH's Return On Equity of 6.67% is fine compared to the rest of the industry. DISH outperforms 66.67% of its industry peers.
DISH has a Return On Invested Capital (1.37%) which is comparable to the rest of the industry.
DISH had an Average Return On Invested Capital over the past 3 years of 5.42%. This is in line with the industry average of 7.07%.
The last Return On Invested Capital (1.37%) for DISH is well below the 3 year average (5.42%), which needs to be investigated, but indicates that DISH had better years and this may not be a problem.
Industry RankSector Rank
ROA 2.27%
ROE 6.67%
ROIC 1.37%
ROA(3y)4.67%
ROA(5y)4.67%
ROE(3y)13.72%
ROE(5y)14.32%
ROIC(3y)5.42%
ROIC(5y)5.52%
DISH Yearly ROA, ROE, ROICDISH Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 10 20 30

1.3 Margins

DISH's Profit Margin of 7.81% is fine compared to the rest of the industry. DISH outperforms 73.96% of its industry peers.
DISH's Profit Margin has been stable in the last couple of years.
With a Operating Margin value of 5.53%, DISH perfoms like the industry average, outperforming 45.83% of the companies in the same industry.
In the last couple of years the Operating Margin of DISH has declined.
DISH's Gross Margin of 28.19% is on the low side compared to the rest of the industry. DISH is outperformed by 67.71% of its industry peers.
DISH's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 5.53%
PM (TTM) 7.81%
GM 28.19%
OM growth 3Y-5.77%
OM growth 5Y-2.55%
PM growth 3Y8.1%
PM growth 5Y-1.09%
GM growth 3Y2.16%
GM growth 5Y2.41%
DISH Yearly Profit, Operating, Gross MarginsDISH Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 10 20 30

1

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), DISH is creating some value.
The number of shares outstanding for DISH has been increased compared to 1 year ago.
Compared to 1 year ago, DISH has an improved debt to assets ratio.
DISH Yearly Shares OutstandingDISH Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 100M 200M 300M 400M 500M
DISH Yearly Total Debt VS Total AssetsDISH Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 10B 20B 30B 40B 50B

2.2 Solvency

Based on the Altman-Z score of 0.69, we must say that DISH is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of DISH (0.69) is worse than 67.71% of its industry peers.
DISH has a Debt/Equity ratio of 1.10. This is a high value indicating a heavy dependency on external financing.
DISH has a Debt to Equity ratio of 1.10. This is in the lower half of the industry: DISH underperforms 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.1
Debt/FCF N/A
Altman-Z 0.69
ROIC/WACC0.26
WACC5.22%
DISH Yearly LT Debt VS Equity VS FCFDISH Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 0 5B -5B 10B 15B

2.3 Liquidity

A Current Ratio of 0.54 indicates that DISH may have some problems paying its short term obligations.
DISH has a Current ratio of 0.54. This is amonst the worse of the industry: DISH underperforms 92.71% of its industry peers.
DISH has a Quick Ratio of 0.54. This is a bad value and indicates that DISH is not financially healthy enough and could expect problems in meeting its short term obligations.
DISH's Quick ratio of 0.44 is on the low side compared to the rest of the industry. DISH is outperformed by 93.75% of its industry peers.
Industry RankSector Rank
Current Ratio 0.54
Quick Ratio 0.44
DISH Yearly Current Assets VS Current LiabilitesDISH Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2B 4B 6B 8B

1

3. Growth

3.1 Past

DISH shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -37.87%.
DISH shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 7.01% yearly.
The Revenue has decreased by -8.58% in the past year.
Measured over the past years, DISH shows a small growth in Revenue. The Revenue has been growing by 2.99% on average per year.
EPS 1Y (TTM)-37.87%
EPS 3Y11.77%
EPS 5Y7.01%
EPS Q2Q%-140%
Revenue 1Y (TTM)-8.58%
Revenue growth 3Y9.2%
Revenue growth 5Y2.99%
Sales Q2Q%-9.55%

3.2 Future

DISH is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -16.04% yearly.
Based on estimates for the next years, DISH will show a decrease in Revenue. The Revenue will decrease by -2.46% on average per year.
EPS Next Y-93.68%
EPS Next 2Y-46.38%
EPS Next 3Y-31.35%
EPS Next 5Y-16.04%
Revenue Next Year-8.18%
Revenue Next 2Y-5.52%
Revenue Next 3Y-3.78%
Revenue Next 5Y-2.46%

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
DISH Yearly Revenue VS EstimatesDISH Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 5B 10B 15B
DISH Yearly EPS VS EstimatesDISH Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0 1 2 3

3

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 3.09, the valuation of DISH can be described as very cheap.
Based on the Price/Earnings ratio, DISH is valued cheaply inside the industry as 93.75% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of DISH to the average of the S&P500 Index (27.19), we can say DISH is valued rather cheaply.
The Forward Price/Earnings Ratio is negative for DISH. No positive earnings are expected for the next year.
Industry RankSector Rank
PE 3.09
Fwd PE N/A
DISH Price Earnings VS Forward Price EarningsDISH Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20 30

4.2 Price Multiples

The rest of the industry has a similar Enterprise Value to EBITDA ratio as DISH.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 12.37
DISH Per share dataDISH EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20

4.3 Compensation for Growth

A cheap valuation may be justified as DISH's earnings are expected to decrease with -31.35% in the coming years.
PEG (NY)N/A
PEG (5Y)0.44
EPS Next 2Y-46.38%
EPS Next 3Y-31.35%

0

5. Dividend

5.1 Amount

DISH does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

DISH NETWORK CORP-A

NASDAQ:DISH (12/29/2023, 8:00:01 PM)

After market: 5.73 -0.04 (-0.69%)

5.77

+0.11 (+1.94%)

Chartmill FA Rating
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)11-06 2023-11-06/bmo
Earnings (Next)02-21 2024-02-21/amc
Inst Owners0.23%
Inst Owner Change0%
Ins Owners4.36%
Ins Owner Change0%
Market Cap3.08B
Revenue(TTM)15.62B
Net Income(TTM)1.22B
Analysts70
Price Target6.76 (17.16%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-317.7%
Min EPS beat(2)-641.42%
Max EPS beat(2)6.02%
EPS beat(4)2
Avg EPS beat(4)-108.65%
Min EPS beat(4)-641.42%
Max EPS beat(4)204.48%
EPS beat(8)4
Avg EPS beat(8)-51.2%
EPS beat(12)7
Avg EPS beat(12)-26.2%
EPS beat(16)10
Avg EPS beat(16)-15.98%
Revenue beat(2)0
Avg Revenue beat(2)-2.09%
Min Revenue beat(2)-2.41%
Max Revenue beat(2)-1.77%
Revenue beat(4)0
Avg Revenue beat(4)-3.26%
Min Revenue beat(4)-4.5%
Max Revenue beat(4)-1.77%
Revenue beat(8)0
Avg Revenue beat(8)-3.09%
Revenue beat(12)2
Avg Revenue beat(12)-2.11%
Revenue beat(16)6
Avg Revenue beat(16)0.09%
PT rev (1m)-3.88%
PT rev (3m)-57.52%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-273.52%
EPS NY rev (1m)0%
EPS NY rev (3m)-72.38%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.29%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1%
Valuation
Industry RankSector Rank
PE 3.09
Fwd PE N/A
P/S 0.2
P/FCF N/A
P/OCF 1.16
P/B 0.17
P/tB N/A
EV/EBITDA 12.37
EPS(TTM)1.87
EY32.41%
EPS(NY)-0.52
Fwd EYN/A
FCF(TTM)-1.04
FCFYN/A
OCF(TTM)4.99
OCFY86.55%
SpS29.22
BVpS34.21
TBVpS-37.36
PEG (NY)N/A
PEG (5Y)0.44
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA 2.27%
ROE 6.67%
ROCE 1.8%
ROIC 1.37%
ROICexc 1.41%
ROICexgc 7.6%
OM 5.53%
PM (TTM) 7.81%
GM 28.19%
FCFM N/A
ROA(3y)4.67%
ROA(5y)4.67%
ROE(3y)13.72%
ROE(5y)14.32%
ROIC(3y)5.42%
ROIC(5y)5.52%
ROICexc(3y)6.09%
ROICexc(5y)6.14%
ROICexgc(3y)119.22%
ROICexgc(5y)N/A
ROCE(3y)7.1%
ROCE(5y)7.23%
ROICexgc growth 3Y-75.81%
ROICexgc growth 5YN/A
ROICexc growth 3Y-13.77%
ROICexc growth 5Y-11.86%
OM growth 3Y-5.77%
OM growth 5Y-2.55%
PM growth 3Y8.1%
PM growth 5Y-1.09%
GM growth 3Y2.16%
GM growth 5Y2.41%
F-Score4
Asset Turnover0.29
Health
Industry RankSector Rank
Debt/Equity 1.1
Debt/FCF N/A
Debt/EBITDA 10.8
Cap/Depr 321.11%
Cap/Sales 20.65%
Interest Coverage 0.79
Cash Conversion 142.88%
Profit Quality N/A
Current Ratio 0.54
Quick Ratio 0.44
Altman-Z 0.69
F-Score4
WACC5.22%
ROIC/WACC0.26
Cap/Depr(3y)590.08%
Cap/Depr(5y)383.93%
Cap/Sales(3y)25.44%
Cap/Sales(5y)16.77%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-37.87%
EPS 3Y11.77%
EPS 5Y7.01%
EPS Q2Q%-140%
EPS Next Y-93.68%
EPS Next 2Y-46.38%
EPS Next 3Y-31.35%
EPS Next 5Y-16.04%
Revenue 1Y (TTM)-8.58%
Revenue growth 3Y9.2%
Revenue growth 5Y2.99%
Sales Q2Q%-9.55%
Revenue Next Year-8.18%
Revenue Next 2Y-5.52%
Revenue Next 3Y-3.78%
Revenue Next 5Y-2.46%
EBIT growth 1Y-63.78%
EBIT growth 3Y2.9%
EBIT growth 5Y0.37%
EBIT Next Year-23.61%
EBIT Next 3Y-5.99%
EBIT Next 5Y8.2%
FCF growth 1Y-124.1%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-30.75%
OCF growth 3Y5.11%
OCF growth 5Y2.15%

DISH NETWORK CORP-A / DISH FAQ

What is the fundamental rating for DISH stock?

ChartMill assigns a fundamental rating of 3 / 10 to DISH.


What is the valuation status for DISH stock?

ChartMill assigns a valuation rating of 3 / 10 to DISH NETWORK CORP-A (DISH). This can be considered as Overvalued.


Can you provide the profitability details for DISH NETWORK CORP-A?

DISH NETWORK CORP-A (DISH) has a profitability rating of 6 / 10.


How financially healthy is DISH NETWORK CORP-A?

The financial health rating of DISH NETWORK CORP-A (DISH) is 1 / 10.


Can you provide the expected EPS growth for DISH stock?

The Earnings per Share (EPS) of DISH NETWORK CORP-A (DISH) is expected to decline by -93.68% in the next year.