NEW YORK TIMES CO-A (NYT) Stock Fundamental Analysis
USA - NYSE:NYT - US6501111073 - Common Stock
64 USD
+1.03 (+1.64%)
64 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to NYT. NYT was compared to 96 industry peers in the Media industry. NYT gets an excellent profitability rating and is at the same time showing great financial health properties. NYT has a decent growth rate and is not valued too expensively. These ratings would make NYT suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year NYT was profitable.
In the past year NYT had a positive cash flow from operations.
NYT had positive earnings in each of the past 5 years.
In the past 5 years NYT always reported a positive cash flow from operatings.
1.2 Ratios
NYT has a better Return On Assets (11.70%) than 93.75% of its industry peers.
Looking at the Return On Equity, with a value of 17.06%, NYT belongs to the top of the industry, outperforming 87.50% of the companies in the same industry.
The Return On Invested Capital of NYT (14.98%) is better than 94.79% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NYT is above the industry average of 8.33%.
The last Return On Invested Capital (14.98%) for NYT is above the 3 year average (11.43%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.7% | ||
| ROE | 17.06% | ||
| ROIC | 14.98% |
ROA(3y)8.59%
ROA(5y)7.74%
ROE(3y)13.1%
ROE(5y)12.23%
ROIC(3y)11.43%
ROIC(5y)10.49%
1.3 Margins
The Profit Margin of NYT (12.29%) is better than 84.38% of its industry peers.
In the last couple of years the Profit Margin of NYT has grown nicely.
With an excellent Operating Margin value of 16.12%, NYT belongs to the best of the industry, outperforming 82.29% of the companies in the same industry.
NYT's Operating Margin has improved in the last couple of years.
NYT has a Gross Margin (50.51%) which is in line with its industry peers.
NYT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.12% | ||
| PM (TTM) | 12.29% | ||
| GM | 50.51% |
OM growth 3Y3.09%
OM growth 5Y7.54%
PM growth 3Y2.34%
PM growth 5Y8.02%
GM growth 3Y-0.36%
GM growth 5Y-4.15%
2. Health
2.1 Basic Checks
NYT has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, NYT has less shares outstanding
The number of shares outstanding for NYT has been reduced compared to 5 years ago.
NYT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 9.56 indicates that NYT is not in any danger for bankruptcy at the moment.
The Altman-Z score of NYT (9.56) is better than 92.71% of its industry peers.
NYT has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 9.56 |
ROIC/WACC1.71
WACC8.77%
2.3 Liquidity
A Current Ratio of 1.52 indicates that NYT should not have too much problems paying its short term obligations.
The Current ratio of NYT (1.52) is better than 63.54% of its industry peers.
A Quick Ratio of 1.52 indicates that NYT should not have too much problems paying its short term obligations.
NYT's Quick ratio of 1.52 is fine compared to the rest of the industry. NYT outperforms 64.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.52 |
3. Growth
3.1 Past
NYT shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.61%, which is quite impressive.
The Earnings Per Share has been growing by 16.92% on average over the past years. This is quite good.
The Revenue has grown by 8.43% in the past year. This is quite good.
Measured over the past years, NYT shows a small growth in Revenue. The Revenue has been growing by 7.37% on average per year.
EPS 1Y (TTM)24.61%
EPS 3Y16.23%
EPS 5Y16.92%
EPS Q2Q%31.11%
Revenue 1Y (TTM)8.43%
Revenue growth 3Y7.62%
Revenue growth 5Y7.37%
Sales Q2Q%9.47%
3.2 Future
Based on estimates for the next years, NYT will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.13% on average per year.
The Revenue is expected to grow by 6.49% on average over the next years.
EPS Next Y18.96%
EPS Next 2Y12.82%
EPS Next 3Y12.43%
EPS Next 5Y13.13%
Revenue Next Year7.96%
Revenue Next 2Y7.12%
Revenue Next 3Y6.63%
Revenue Next 5Y6.49%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 26.89, NYT can be considered very expensive at the moment.
NYT's Price/Earnings ratio is a bit cheaper when compared to the industry. NYT is cheaper than 63.54% of the companies in the same industry.
NYT's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.51.
Based on the Price/Forward Earnings ratio of 25.02, the valuation of NYT can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NYT is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 34.98. NYT is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.89 | ||
| Fwd PE | 25.02 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NYT is on the same level as its industry peers.
NYT's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.42 | ||
| EV/EBITDA | 17.54 |
4.3 Compensation for Growth
NYT's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The excellent profitability rating of NYT may justify a higher PE ratio.
NYT's earnings are expected to grow with 12.43% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.42
PEG (5Y)1.59
EPS Next 2Y12.82%
EPS Next 3Y12.43%
5. Dividend
5.1 Amount
NYT has a Yearly Dividend Yield of 1.12%.
NYT's Dividend Yield is a higher than the industry average which is at 4.44.
Compared to an average S&P500 Dividend Yield of 2.44, NYT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
5.2 History
On average, the dividend of NYT grows each year by 21.48%, which is quite nice.
NYT has been paying a dividend for at least 10 years, so it has a reliable track record.
NYT has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)21.48%
Div Incr Years6
Div Non Decr Years11
5.3 Sustainability
NYT pays out 30.32% of its income as dividend. This is a sustainable payout ratio.
The dividend of NYT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP30.32%
EPS Next 2Y12.82%
EPS Next 3Y12.43%
64
+1.03 (+1.64%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners98.63%
Inst Owner Change0.81%
Ins Owners0.61%
Ins Owner Change-9.82%
Market Cap10.42B
Revenue(TTM)2.75B
Net Income(TTM)337.87M
Analysts75
Price Target58.84 (-8.06%)
Short Float %5.91%
Short Ratio5.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
Yearly Dividend0.5
Dividend Growth(5Y)21.48%
DP30.32%
Div Incr Years6
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)12.75%
Min EPS beat(2)9.76%
Max EPS beat(2)15.73%
EPS beat(4)4
Avg EPS beat(4)12.53%
Min EPS beat(4)6.49%
Max EPS beat(4)18.14%
EPS beat(8)8
Avg EPS beat(8)17.8%
EPS beat(12)12
Avg EPS beat(12)24.39%
EPS beat(16)16
Avg EPS beat(16)25.39%
Revenue beat(2)2
Avg Revenue beat(2)0.87%
Min Revenue beat(2)0.49%
Max Revenue beat(2)1.24%
Revenue beat(4)2
Avg Revenue beat(4)-0.02%
Min Revenue beat(4)-0.99%
Max Revenue beat(4)1.24%
Revenue beat(8)2
Avg Revenue beat(8)-0.53%
Revenue beat(12)5
Avg Revenue beat(12)-0.29%
Revenue beat(16)6
Avg Revenue beat(16)-0.37%
PT rev (1m)0.44%
PT rev (3m)3.03%
EPS NQ rev (1m)2.06%
EPS NQ rev (3m)4.26%
EPS NY rev (1m)0.48%
EPS NY rev (3m)7.77%
Revenue NQ rev (1m)0.98%
Revenue NQ rev (3m)1.53%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.89 | ||
| Fwd PE | 25.02 | ||
| P/S | 3.79 | ||
| P/FCF | 19.42 | ||
| P/OCF | 18.22 | ||
| P/B | 5.26 | ||
| P/tB | 7.81 | ||
| EV/EBITDA | 17.54 |
EPS(TTM)2.38
EY3.72%
EPS(NY)2.56
Fwd EY4%
FCF(TTM)3.3
FCFY5.15%
OCF(TTM)3.51
OCFY5.49%
SpS16.89
BVpS12.16
TBVpS8.2
PEG (NY)1.42
PEG (5Y)1.59
Graham Number25.52
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.7% | ||
| ROE | 17.06% | ||
| ROCE | 19.51% | ||
| ROIC | 14.98% | ||
| ROICexc | 20.57% | ||
| ROICexgc | 33.73% | ||
| OM | 16.12% | ||
| PM (TTM) | 12.29% | ||
| GM | 50.51% | ||
| FCFM | 19.52% |
ROA(3y)8.59%
ROA(5y)7.74%
ROE(3y)13.1%
ROE(5y)12.23%
ROIC(3y)11.43%
ROIC(5y)10.49%
ROICexc(3y)14.65%
ROICexc(5y)14.2%
ROICexgc(3y)25.48%
ROICexgc(5y)21.57%
ROCE(3y)14.89%
ROCE(5y)13.67%
ROICexgc growth 3Y17%
ROICexgc growth 5Y17.39%
ROICexc growth 3Y3.36%
ROICexc growth 5Y8.52%
OM growth 3Y3.09%
OM growth 5Y7.54%
PM growth 3Y2.34%
PM growth 5Y8.02%
GM growth 3Y-0.36%
GM growth 5Y-4.15%
F-Score9
Asset Turnover0.95
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 41.68% | ||
| Cap/Sales | 1.29% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 108.27% | ||
| Profit Quality | 158.8% | ||
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.52 | ||
| Altman-Z | 9.56 |
F-Score9
WACC8.77%
ROIC/WACC1.71
Cap/Depr(3y)35.41%
Cap/Depr(5y)44.4%
Cap/Sales(3y)1.22%
Cap/Sales(5y)1.45%
Profit Quality(3y)113.54%
Profit Quality(5y)142.07%
High Growth Momentum
Growth
EPS 1Y (TTM)24.61%
EPS 3Y16.23%
EPS 5Y16.92%
EPS Q2Q%31.11%
EPS Next Y18.96%
EPS Next 2Y12.82%
EPS Next 3Y12.43%
EPS Next 5Y13.13%
Revenue 1Y (TTM)8.43%
Revenue growth 3Y7.62%
Revenue growth 5Y7.37%
Sales Q2Q%9.47%
Revenue Next Year7.96%
Revenue Next 2Y7.12%
Revenue Next 3Y6.63%
Revenue Next 5Y6.49%
EBIT growth 1Y24.8%
EBIT growth 3Y10.95%
EBIT growth 5Y15.46%
EBIT Next Year37.56%
EBIT Next 3Y18.17%
EBIT Next 5YN/A
FCF growth 1Y103.17%
FCF growth 3Y17.6%
FCF growth 5Y21.42%
OCF growth 1Y97.41%
OCF growth 3Y15.12%
OCF growth 5Y16.67%
NEW YORK TIMES CO-A / NYT FAQ
What is the fundamental rating for NYT stock?
ChartMill assigns a fundamental rating of 7 / 10 to NYT.
Can you provide the valuation status for NEW YORK TIMES CO-A?
ChartMill assigns a valuation rating of 4 / 10 to NEW YORK TIMES CO-A (NYT). This can be considered as Fairly Valued.
What is the profitability of NYT stock?
NEW YORK TIMES CO-A (NYT) has a profitability rating of 8 / 10.
What are the PE and PB ratios of NEW YORK TIMES CO-A (NYT) stock?
The Price/Earnings (PE) ratio for NEW YORK TIMES CO-A (NYT) is 26.89 and the Price/Book (PB) ratio is 5.26.
How sustainable is the dividend of NEW YORK TIMES CO-A (NYT) stock?
The dividend rating of NEW YORK TIMES CO-A (NYT) is 6 / 10 and the dividend payout ratio is 30.32%.