NEW YORK TIMES CO-A (NYT) Stock Fundamental Analysis
USA - NYSE:NYT - US6501111073 - Common Stock
63.94 USD
-0.55 (-0.85%)
64.5002 USD
+0.56 (+0.88%)
Taking everything into account, NYT scores 7 out of 10 in our fundamental rating. NYT was compared to 96 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 correct valuation and a medium growth rate. This makes NYT very considerable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year NYT was profitable.
NYT had a positive operating cash flow in the past year.
NYT had positive earnings in each of the past 5 years.
Each year in the past 5 years NYT had a positive operating cash flow.
1.2 Ratios
The Return On Assets of NYT (11.70%) is better than 93.68% of its industry peers.
NYT has a Return On Equity of 17.06%. This is amongst the best in the industry. NYT outperforms 87.37% of its industry peers.
Looking at the Return On Invested Capital, with a value of 14.98%, NYT belongs to the top of the industry, outperforming 94.74% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for NYT is above the industry average of 8.32%.
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 84.21% of the companies in the same industry.
NYT's Profit Margin has improved in the last couple of years.
NYT has a Operating Margin of 16.12%. This is amongst the best in the industry. NYT outperforms 82.11% of its industry peers.
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.
NYT has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, NYT has less shares outstanding
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.
2.2 Solvency
An Altman-Z score of 9.67 indicates that NYT is not in any danger for bankruptcy at the moment.
The Altman-Z score of NYT (9.67) is better than 92.63% of its industry peers.
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 | 9.67 |
ROIC/WACC1.71
WACC8.78%
2.3 Liquidity
A Current Ratio of 1.52 indicates that NYT should not have too much problems paying its short term obligations.
NYT has a Current ratio of 1.52. This is in the better half of the industry: NYT outperforms 64.21% of its industry peers.
NYT has a Quick 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 Quick ratio of NYT (1.52) is better than 65.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.52 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 24.61% over the past year.
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.
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.
Based on estimates for the next years, NYT will show a small growth in Revenue. The Revenue will grow by 6.49% on average per year.
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
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
The Price/Earnings ratio is 26.87, which means the current valuation is very expensive for NYT.
Compared to the rest of the industry, the Price/Earnings ratio of NYT indicates a somewhat cheap valuation: NYT is cheaper than 61.05% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 25.89. NYT is around the same levels.
The Price/Forward Earnings ratio is 24.99, which indicates a rather expensive current valuation of NYT.
NYT's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, NYT is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.87 | ||
| Fwd PE | 24.99 |
4.2 Price Multiples
NYT's Enterprise Value to EBITDA ratio is in line with the industry average.
NYT's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.4 | ||
| EV/EBITDA | 17.84 |
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
With a Yearly Dividend Yield of 1.12%, NYT has a reasonable but not impressive dividend return.
NYT's Dividend Yield is a higher than the industry average which is at 4.42.
With a Dividend Yield of 1.12, NYT pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.12% |
5.2 History
The dividend of NYT is nicely growing with an annual growth rate of 21.48%!
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.
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%
63.94
-0.55 (-0.85%)
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 Cap10.41B
Revenue(TTM)2.75B
Net Income(TTM)337.87M
Analysts75
Price Target58.84 (-7.98%)
Short Float %6.63%
Short Ratio7.36
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 | 26.87 | ||
| Fwd PE | 24.99 | ||
| P/S | 3.79 | ||
| P/FCF | 19.4 | ||
| P/OCF | 18.2 | ||
| P/B | 5.26 | ||
| P/tB | 7.8 | ||
| EV/EBITDA | 17.84 |
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 | 9.67 |
F-Score9
WACC8.78%
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 26.87 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%.