DISH NETWORK CORP-A (DISH) Stock Fundamental Analysis
NASDAQ:DISH - Nasdaq - US25470M1099 - Common Stock - Currency: USD
DISH gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 97 industry peers in the Media industry. While DISH is still in line with the averages on profitability rating, there are concerns on its financial health. DISH is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year DISH was profitable.
In the past year DISH had a positive cash flow from operations.
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's Return On Assets of 2.27% is fine compared to the rest 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 of 1.37%. This is comparable to the rest of the industry: DISH outperforms 41.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for DISH is below the industry average of 7.56%.
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
Looking at the Profit Margin, with a value of 7.81%, DISH is in the better half of the industry, outperforming 73.96% of the companies in the same industry.
DISH's Profit Margin has been stable in the last couple of years.
DISH has a Operating Margin of 5.53%. This is comparable to the rest of the industry: DISH outperforms 45.83% of its industry peers.
In the last couple of years the Operating Margin of DISH has declined.
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
DISH has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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
DISH has an Altman-Z score of 0.69. This is a bad value and indicates that DISH is not financially healthy and even has some risk of bankruptcy.
DISH's Altman-Z score of 0.69 is on the low side compared to the rest of the industry. DISH is outperformed by 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.
Looking at the Debt to Equity ratio, with a value of 1.10, DISH is doing worse than 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.1 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.69 |
ROIC/WACC0.26
WACC5.22%
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 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
The earnings per share for DISH have decreased strongly by -37.87% in the last year.
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.
Looking at the last year, DISH shows a decrease in Revenue. The Revenue has decreased by -8.58% in the last 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.
DISH is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -2.46% yearly.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
The Price/Earnings ratio is 3.09, which indicates a rather cheap valuation of DISH.
Compared to the rest of the industry, the Price/Earnings ratio of DISH indicates a rather cheap valuation: DISH is cheaper than 93.75% of the companies listed in the same industry.
DISH is valuated cheaply when we compare the Price/Earnings ratio to 27.29, which is the current average of the S&P500 Index.
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 is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.37 |
4.3 Compensation for Growth
DISH has a very decent profitability rating, which may justify a higher PE ratio.
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%
5. Dividend
5.1 Amount
DISH does not give a dividend.
| 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 Change0%
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%