NEW YORK TIMES CO-A (NYT) Stock Fundamental Analysis
USA - NYSE:NYT - US6501111073 - Common Stock
59.24 USD
+0.31 (+0.53%)
59.24 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to NYT. NYT was compared to 99 industry peers in the Media industry. NYT scores excellent points on both the profitability and health parts. This is a solid base for a good stock. NYT is not valued too expensively and it also shows a decent growth rate. This makes NYT very considerable 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.
Each year in the past 5 years NYT had a positive operating cash flow.
1.2 Ratios
The Return On Assets of NYT (11.42%) is better than 93.94% of its industry peers.
NYT has a Return On Equity of 16.55%. This is amongst the best in the industry. NYT outperforms 85.86% of its industry peers.
NYT has a better Return On Invested Capital (14.36%) than 94.95% of its industry peers.
NYT had an Average Return On Invested Capital over the past 3 years of 11.43%. This is above the industry average of 8.87%.
The last Return On Invested Capital (14.36%) for NYT is above the 3 year average (11.43%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.42% | ||
| ROE | 16.55% | ||
| ROIC | 14.36% |
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
With an excellent Profit Margin value of 11.92%, NYT belongs to the best of the industry, outperforming 82.83% of the companies in the same industry.
NYT's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 15.50%, NYT belongs to the best of the industry, outperforming 80.81% of the companies in the same industry.
In the last couple of years the Operating Margin of NYT has grown nicely.
NYT has a Gross Margin (50.04%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of NYT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.5% | ||
| PM (TTM) | 11.92% | ||
| GM | 50.04% |
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so NYT is still creating some value.
The number of shares outstanding for NYT has been reduced compared to 1 year ago.
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 9.42 indicates that NYT is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 9.42, NYT belongs to the best of the industry, outperforming 91.92% of the companies in the same industry.
There is no outstanding debt for NYT. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 9.42 |
ROIC/WACC1.65
WACC8.7%
2.3 Liquidity
A Current Ratio of 1.48 indicates that NYT should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.48, NYT is doing good in the industry, outperforming 60.61% of the companies in the same industry.
A Quick Ratio of 1.48 indicates that NYT should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.48, NYT is doing good in the industry, outperforming 61.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.48 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 22.40% over the past year.
NYT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 16.92% yearly.
Looking at the last year, NYT shows a small growth in Revenue. The Revenue has grown by 7.82% in the last year.
NYT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.37% yearly.
EPS 1Y (TTM)22.4%
EPS 3Y16.23%
EPS 5Y16.92%
EPS Q2Q%28.89%
Revenue 1Y (TTM)7.82%
Revenue growth 3Y7.62%
Revenue growth 5Y7.37%
Sales Q2Q%9.72%
3.2 Future
The Earnings Per Share is expected to grow by 13.13% on average over the next years. This is quite good.
The Revenue is expected to grow by 6.49% on average over the next years.
EPS Next Y16.88%
EPS Next 2Y12.58%
EPS Next 3Y12.09%
EPS Next 5Y13.13%
Revenue Next Year7.96%
Revenue Next 2Y7.1%
Revenue Next 3Y6.62%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 26.45, the valuation of NYT can be described as expensive.
64.65% of the companies in the same industry are more expensive than NYT, based on the Price/Earnings ratio.
NYT is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.27, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 23.25, which indicates a rather expensive current valuation of NYT.
The rest of the industry has a similar Price/Forward Earnings ratio as NYT.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.77, NYT is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.45 | ||
| Fwd PE | 23.25 |
4.2 Price Multiples
NYT's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NYT is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.19 | ||
| EV/EBITDA | 17.49 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
NYT has an outstanding profitability rating, which may justify a higher PE ratio.
NYT's earnings are expected to grow with 12.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.57
PEG (5Y)1.56
EPS Next 2Y12.58%
EPS Next 3Y12.09%
5. Dividend
5.1 Amount
NYT has a Yearly Dividend Yield of 1.23%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.58, NYT pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, NYT's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.23% |
5.2 History
The dividend of NYT is nicely growing with an annual growth rate of 21.48%!
NYT has paid a dividend for at least 10 years, which is 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
29.50% 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.
DP29.5%
EPS Next 2Y12.58%
EPS Next 3Y12.09%
59.24
+0.31 (+0.53%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners97.12%
Inst Owner Change-0.29%
Ins Owners0.62%
Ins Owner Change-0.15%
Market Cap9.65B
Analysts75
Price Target58.59 (-1.1%)
Short Float %6.58%
Short Ratio5.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.23% |
Yearly Dividend0.5
Dividend Growth(5Y)21.48%
DP29.5%
Div Incr Years6
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)16.94%
Min EPS beat(2)15.73%
Max EPS beat(2)18.14%
EPS beat(4)4
Avg EPS beat(4)12.21%
Min EPS beat(4)6.49%
Max EPS beat(4)18.14%
EPS beat(8)8
Avg EPS beat(8)19.88%
EPS beat(12)12
Avg EPS beat(12)28.39%
EPS beat(16)16
Avg EPS beat(16)25.56%
Revenue beat(2)1
Avg Revenue beat(2)0.21%
Min Revenue beat(2)-0.82%
Max Revenue beat(2)1.24%
Revenue beat(4)1
Avg Revenue beat(4)-0.41%
Min Revenue beat(4)-1.09%
Max Revenue beat(4)1.24%
Revenue beat(8)2
Avg Revenue beat(8)-0.53%
Revenue beat(12)4
Avg Revenue beat(12)-0.43%
Revenue beat(16)6
Avg Revenue beat(16)-0.34%
PT rev (1m)2.58%
PT rev (3m)0.57%
EPS NQ rev (1m)1.53%
EPS NQ rev (3m)9.21%
EPS NY rev (1m)5.89%
EPS NY rev (3m)6.02%
Revenue NQ rev (1m)0.64%
Revenue NQ rev (3m)0.97%
Revenue NY rev (1m)1.18%
Revenue NY rev (3m)1.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.45 | ||
| Fwd PE | 23.25 | ||
| P/S | 3.59 | ||
| P/FCF | 21.19 | ||
| P/OCF | 19.69 | ||
| P/B | 4.98 | ||
| P/tB | 7.52 | ||
| EV/EBITDA | 17.49 |
EPS(TTM)2.24
EY3.78%
EPS(NY)2.55
Fwd EY4.3%
FCF(TTM)2.8
FCFY4.72%
OCF(TTM)3.01
OCFY5.08%
SpS16.51
BVpS11.89
TBVpS7.88
PEG (NY)1.57
PEG (5Y)1.56
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.42% | ||
| ROE | 16.55% | ||
| ROCE | 18.71% | ||
| ROIC | 14.36% | ||
| ROICexc | 18.96% | ||
| ROICexgc | 30.93% | ||
| OM | 15.5% | ||
| PM (TTM) | 11.92% | ||
| GM | 50.04% | ||
| FCFM | 16.93% |
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%
ROICexcg growth 3Y17%
ROICexcg 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 Turnover0.96
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 41.07% | ||
| Cap/Sales | 1.29% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 97.77% | ||
| Profit Quality | 142.1% | ||
| Current Ratio | 1.48 | ||
| Quick Ratio | 1.48 | ||
| Altman-Z | 9.42 |
F-Score9
WACC8.7%
ROIC/WACC1.65
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)22.4%
EPS 3Y16.23%
EPS 5Y16.92%
EPS Q2Q%28.89%
EPS Next Y16.88%
EPS Next 2Y12.58%
EPS Next 3Y12.09%
EPS Next 5Y13.13%
Revenue 1Y (TTM)7.82%
Revenue growth 3Y7.62%
Revenue growth 5Y7.37%
Sales Q2Q%9.72%
Revenue Next Year7.96%
Revenue Next 2Y7.1%
Revenue Next 3Y6.62%
Revenue Next 5Y6.49%
EBIT growth 1Y22.62%
EBIT growth 3Y10.95%
EBIT growth 5Y15.46%
EBIT Next Year31.33%
EBIT Next 3Y16.76%
EBIT Next 5YN/A
FCF growth 1Y101.81%
FCF growth 3Y17.6%
FCF growth 5Y21.42%
OCF growth 1Y92.64%
OCF growth 3Y15.12%
OCF growth 5Y16.67%