NEW YORK TIMES CO-A (NYT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NYT - US6501111073 - Common Stock
65.06 USD
+0.43 (+0.67%)
65.06 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 has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. NYT has a correct valuation and a medium growth rate. With these ratings, NYT could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
NYT had positive earnings in the past year.
In the past year NYT had a positive cash flow from operations.
In the past 5 years NYT has always been profitable.
In the past 5 years NYT always reported a positive cash flow from operatings.
1.2 Ratios
NYT has a Return On Assets of 11.70%. This is amongst the best in the industry. NYT outperforms 93.75% of its industry peers.
NYT's Return On Equity of 17.06% is amongst the best of the industry. NYT outperforms 87.50% of its industry peers.
NYT's Return On Invested Capital of 14.98% is amongst the best of the industry. NYT outperforms 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 8.15%.
The 3 year average ROIC (11.43%) for NYT is below the current ROIC(14.98%), indicating increased profibility in the last year.
| 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
NYT's Profit Margin of 12.29% is amongst the best of the industry. NYT outperforms 85.42% of its industry peers.
NYT's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 16.12%, NYT belongs to the top 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.
With a Gross Margin value of 50.51%, NYT perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
In the last couple of years the Gross Margin of NYT has declined.
| 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.
The number of shares outstanding for NYT has been reduced compared to 1 year ago.
Compared to 5 years ago, NYT has less shares outstanding
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 9.79 indicates that NYT is not in any danger for bankruptcy at the moment.
NYT has a better Altman-Z score (9.79) than 93.75% 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 | 9.79 |
ROIC/WACC1.73
WACC8.64%
2.3 Liquidity
NYT has a Current Ratio of 1.52. This is a normal value and indicates that NYT is financially healthy and should not expect problems in meeting 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.
With a decent Quick ratio value of 1.52, NYT is doing good in the industry, outperforming 64.58% of the companies in the same industry.
| 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.
NYT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.92% yearly.
NYT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.43%.
NYT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.37% yearly.
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
NYT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.13% yearly.
NYT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.49% yearly.
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
NYT is valuated quite expensively with a Price/Earnings ratio of 27.34.
Based on the Price/Earnings ratio, NYT is valued a bit cheaper than the industry average as 65.63% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of NYT to the average of the S&P500 Index (26.15), we can say NYT is valued inline with the index average.
The Price/Forward Earnings ratio is 25.43, which means the current valuation is very expensive for NYT.
The rest of the industry has a similar Price/Forward Earnings ratio as NYT.
The average S&P500 Price/Forward Earnings ratio is at 36.12. NYT is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.34 | ||
| Fwd PE | 25.43 |
4.2 Price Multiples
NYT's Enterprise Value to EBITDA is on the same level as the industry average.
NYT's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.74 | ||
| EV/EBITDA | 18.19 |
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)1.44
PEG (5Y)1.62
EPS Next 2Y12.82%
EPS Next 3Y12.43%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.13%, NYT has a reasonable but not impressive dividend return.
NYT's Dividend Yield is a higher than the industry average which is at 4.66.
With a Dividend Yield of 1.13, NYT pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.13% |
5.2 History
On average, the dividend of NYT grows each year by 21.48%, which is quite nice.
NYT has paid a dividend for at least 10 years, which is a reliable track record.
NYT has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)21.48%
Div Incr Years6
Div Non Decr Years11
5.3 Sustainability
30.32% of the earnings are spent on dividend by NYT. This is a low number and sustainable payout ratio.
NYT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP30.32%
EPS Next 2Y12.82%
EPS Next 3Y12.43%
65.06
+0.43 (+0.67%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners98.63%
Inst Owner Change0.93%
Ins Owners0.61%
Ins Owner Change-0.63%
Market Cap10.59B
Revenue(TTM)2.75B
Net Income(TTM)337.87M
Analysts75
Price Target65.3 (0.37%)
Short Float %5.91%
Short Ratio5.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.13% |
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)11.46%
PT rev (3m)7.31%
EPS NQ rev (1m)2.06%
EPS NQ rev (3m)4.26%
EPS NY rev (1m)0%
EPS NY rev (3m)1.78%
Revenue NQ rev (1m)1.58%
Revenue NQ rev (3m)2.01%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.34 | ||
| Fwd PE | 25.43 | ||
| P/S | 3.85 | ||
| P/FCF | 19.74 | ||
| P/OCF | 18.52 | ||
| P/B | 5.35 | ||
| P/tB | 7.94 | ||
| EV/EBITDA | 18.19 |
EPS(TTM)2.38
EY3.66%
EPS(NY)2.56
Fwd EY3.93%
FCF(TTM)3.3
FCFY5.06%
OCF(TTM)3.51
OCFY5.4%
SpS16.89
BVpS12.16
TBVpS8.2
PEG (NY)1.44
PEG (5Y)1.62
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 | 9.79 |
F-Score9
WACC8.64%
ROIC/WACC1.73
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 27.34 and the Price/Book (PB) ratio is 5.35.
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%.