DISH NETWORK CORP-A (DISH) Stock Fundamental Analysis
NASDAQ:DISH - Nasdaq - US25470M1099 - Common Stock - Currency: USD
We assign a fundamental rating of 3 out of 10 to DISH. DISH was compared to 93 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.
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.
Each year in the past 5 years DISH has been profitable.
DISH had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
DISH has a Return On Assets of 2.27%. This is in the better half of the industry: DISH outperforms 64.58% of its industry peers.
Looking at the Return On Equity, with a value of 6.67%, DISH is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
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 7.01%.
The 3 year average ROIC (5.42%) for DISH is well above the current ROIC(1.37%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector 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%
1.3 Margins
With a decent Profit Margin value of 7.81%, DISH is doing good in the industry, outperforming 73.96% of the companies in the same industry.
In the last couple of years the Profit Margin of DISH has remained more or less at the same level.
DISH's Operating Margin of 5.53% is in line compared to the rest of the industry. DISH outperforms 45.83% of its industry peers.
DISH's Operating Margin has declined in the last couple of years.
DISH has a Gross Margin of 28.19%. This is in the lower half of the industry: DISH underperforms 67.71% of its industry peers.
In the last couple of years the Gross Margin of DISH has grown nicely.
| Industry Rank | Sector 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%
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.
DISH has more shares outstanding than it did 1 year ago.
The debt/assets ratio for DISH has been reduced compared to a year ago.
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.
DISH has a worse Altman-Z score (0.69) than 67.71% of its industry peers.
A Debt/Equity ratio of 1.10 is on the high side and indicates that DISH has dependencies on debt financing.
DISH's Debt to Equity ratio of 1.10 is on the low side compared to the rest of the industry. DISH is outperformed by 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.69 |
ROIC/WACC0.26
WACC5.22%
2.3 Liquidity
DISH has a Current 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 has a worse Current ratio (0.54) than 92.71% of its industry peers.
A Quick Ratio of 0.44 indicates that DISH may have some problems paying its short term obligations.
DISH has a worse Quick ratio (0.44) than 93.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.54 | ||
| Quick Ratio | 0.44 |
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%.
Measured over the past 5 years, DISH shows a small growth in Earnings Per Share. The EPS has been growing by 7.01% on average per year.
The Revenue has decreased by -8.58% in the past year.
DISH shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.99% yearly.
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.
4. Valuation
4.1 Price/Earnings Ratio
DISH is valuated cheaply with a Price/Earnings ratio of 3.09.
Based on the Price/Earnings ratio, DISH is valued cheaper than 93.75% of the companies in the same industry.
DISH's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 29.63.
The Forward Price/Earnings Ratio is negative for DISH. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 3.09 | ||
| Fwd PE | N/A |
4.2 Price Multiples
DISH's Enterprise Value to EBITDA ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.37 |
4.3 Compensation for Growth
The decent profitability rating of DISH may justify a higher PE ratio.
DISH's earnings are expected to decrease with -31.35% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.44
EPS Next 2Y-46.38%
EPS Next 3Y-31.35%
5. Dividend
5.1 Amount
No dividends for DISH!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
5.77
+0.11 (+1.94%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners0.23%
Inst Owner Change-100%
Ins Owners4.36%
Ins Owner Change0%
Market Cap3.08B
Analysts70
Price Target6.76 (17.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector 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 Rank | Sector 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
Profitability
| Industry Rank | Sector 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%
ROICexcg growth 3Y-75.81%
ROICexcg 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 Rank | Sector 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%