NEW YORK TIMES CO-A (NYT) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:NYT - US6501111073 - Common Stock
70.79 USD
+0.16 (+0.23%)
70.79 USD
0 (0%)
Taking everything into account, NYT scores 7 out of 10 in our fundamental rating. NYT was compared to 94 industry peers in the Media industry. Both the health and profitability get an excellent rating, making NYT a very profitable company, without any liquidiy or solvency issues. NYT has a decent growth rate and is not valued too expensively. These ratings could make NYT a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
NYT had positive earnings in the past year.
NYT had a positive operating cash flow in the past year.
In the past 5 years NYT has always been profitable.
NYT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NYT has a better Return On Assets (11.70%) than 94.68% of its industry peers.
The Return On Equity of NYT (17.06%) is better than 89.36% of its industry peers.
NYT has a better Return On Invested Capital (14.98%) than 95.74% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NYT is above the industry average of 7.16%.
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
With an excellent Profit Margin value of 12.29%, NYT belongs to the best of the industry, outperforming 86.17% of the companies in the same industry.
In the last couple of years the Profit Margin of NYT has grown nicely.
NYT's Operating Margin of 16.12% is amongst the best of the industry. NYT outperforms 82.98% of its industry peers.
NYT's Operating Margin has improved in the last couple of years.
NYT's Gross Margin of 50.51% is in line compared to the rest of the industry. NYT outperforms 57.45% of 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 10.38 indicates that NYT is not in any danger for bankruptcy at the moment.
The Altman-Z score of NYT (10.38) is better than 93.62% 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 | 10.38 |
ROIC/WACC1.7
WACC8.8%
2.3 Liquidity
A Current Ratio of 1.52 indicates that NYT should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.52, NYT is in the better half of the industry, outperforming 62.77% of the companies in the same industry.
A Quick Ratio of 1.52 indicates that NYT should not have too much problems paying its short term obligations.
NYT has a Quick ratio of 1.52. This is in the better half of the industry: NYT outperforms 63.83% 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.
Measured over the past years, NYT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 16.92% on average per year.
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
NYT is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.82% yearly.
The Revenue is expected to grow by 6.82% on average over the next years.
EPS Next Y22.1%
EPS Next 2Y15.21%
EPS Next 3Y14.05%
EPS Next 5Y12.82%
Revenue Next Year8.81%
Revenue Next 2Y7.83%
Revenue Next 3Y7.08%
Revenue Next 5Y6.82%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
A Price/Earnings ratio of 29.74 indicates a quite expensive valuation of NYT.
Based on the Price/Earnings ratio, NYT is valued a bit cheaper than the industry average as 63.83% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of NYT to the average of the S&P500 Index (26.39), we can say NYT is valued inline with the index average.
NYT is valuated quite expensively with a Price/Forward Earnings ratio of 26.53.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NYT is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of NYT to the average of the S&P500 Index (23.84), we can say NYT is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.74 | ||
| Fwd PE | 26.53 |
4.2 Price Multiples
NYT's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as NYT.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 21.42 | ||
| EV/EBITDA | 19.89 |
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 14.05% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.35
PEG (5Y)1.76
EPS Next 2Y15.21%
EPS Next 3Y14.05%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.02%, NYT has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 1.22, NYT pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.02, NYT pays less dividend than the S&P500 average, which is at 1.87.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.02% |
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 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
NYT pays out 30.32% of its income as dividend. This is a sustainable payout ratio.
NYT's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP30.32%
EPS Next 2Y15.21%
EPS Next 3Y14.05%
70.79
+0.16 (+0.23%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners99.24%
Inst Owner Change0.92%
Ins Owners0.61%
Ins Owner Change-0.28%
Market Cap11.49B
Revenue(TTM)2.75B
Net Income(TTM)337.87M
Analysts76
Price Target65.3 (-7.76%)
Short Float %5.22%
Short Ratio4.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.02% |
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)12.61%
Min EPS beat(2)9.5%
Max EPS beat(2)15.73%
EPS beat(4)4
Avg EPS beat(4)12.47%
Min EPS beat(4)6.49%
Max EPS beat(4)18.14%
EPS beat(8)8
Avg EPS beat(8)17.77%
EPS beat(12)12
Avg EPS beat(12)24.37%
EPS beat(16)16
Avg EPS beat(16)25.38%
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)10.98%
PT rev (3m)11.46%
EPS NQ rev (1m)0%
EPS NQ rev (3m)3.51%
EPS NY rev (1m)2.64%
EPS NY rev (3m)4.47%
Revenue NQ rev (1m)0.23%
Revenue NQ rev (3m)1.81%
Revenue NY rev (1m)0.78%
Revenue NY rev (3m)0.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.74 | ||
| Fwd PE | 26.53 | ||
| P/S | 4.18 | ||
| P/FCF | 21.42 | ||
| P/OCF | 20.09 | ||
| P/B | 5.8 | ||
| P/tB | 8.61 | ||
| EV/EBITDA | 19.89 |
EPS(TTM)2.38
EY3.36%
EPS(NY)2.67
Fwd EY3.77%
FCF(TTM)3.3
FCFY4.67%
OCF(TTM)3.52
OCFY4.98%
SpS16.93
BVpS12.2
TBVpS8.22
PEG (NY)1.35
PEG (5Y)1.76
Graham Number25.56
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 | 10.38 |
F-Score9
WACC8.8%
ROIC/WACC1.7
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 Y22.1%
EPS Next 2Y15.21%
EPS Next 3Y14.05%
EPS Next 5Y12.82%
Revenue 1Y (TTM)8.43%
Revenue growth 3Y7.62%
Revenue growth 5Y7.37%
Sales Q2Q%9.47%
Revenue Next Year8.81%
Revenue Next 2Y7.83%
Revenue Next 3Y7.08%
Revenue Next 5Y6.82%
EBIT growth 1Y24.8%
EBIT growth 3Y10.95%
EBIT growth 5Y15.46%
EBIT Next Year41.92%
EBIT Next 3Y19.52%
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 29.74 and the Price/Book (PB) ratio is 5.8.
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%.