GRUPO TELEVISA SA-SPON ADR (TV) Stock Fundamental Analysis
NYSE:TV - New York Stock Exchange, Inc. - US40049J2069 - ADR - Currency: USD
TV gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 93 industry peers in the Media industry. While TV seems to be doing ok healthwise, there are quite some concerns on its profitability. TV is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year TV has reported negative net income.
TV had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: TV reported negative net income in multiple years.
TV had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of -2.02%, TV perfoms like the industry average, outperforming 43.68% of the companies in the same industry.
Looking at the Return On Equity, with a value of -4.64%, TV is in line with its industry, outperforming 48.28% of the companies in the same industry.
TV's Return On Invested Capital of 0.75% is on the low side compared to the rest of the industry. TV is outperformed by 65.52% of its industry peers.
TV had an Average Return On Invested Capital over the past 3 years of 2.11%. This is below the industry average of 7.01%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.02% | ||
| ROE | -4.64% | ||
| ROIC | 0.75% |
ROA(3y)4.6%
ROA(5y)2.99%
ROE(3y)11.75%
ROE(5y)7.73%
ROIC(3y)2.11%
ROIC(5y)3.64%
1.3 Margins
The Operating Margin of TV (3.37%) is worse than 64.37% of its industry peers.
TV's Operating Margin has declined in the last couple of years.
TV has a worse Gross Margin (33.67%) than 60.92% of its industry peers.
TV's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.37% | ||
| PM (TTM) | N/A | ||
| GM | 33.67% |
OM growth 3Y-35.28%
OM growth 5Y-21.73%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7%
GM growth 5Y-4.91%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TV is destroying value.
TV 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
TV has an Altman-Z score of 1.21. This is a bad value and indicates that TV is not financially healthy and even has some risk of bankruptcy.
TV has a Altman-Z score (1.21) which is in line with its industry peers.
The Debt to FCF ratio of TV is 6.09, which is on the high side as it means it would take TV, 6.09 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of TV (6.09) is better than 67.82% of its industry peers.
A Debt/Equity ratio of 0.87 indicates that TV is somewhat dependend on debt financing.
The Debt to Equity ratio of TV (0.87) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 6.09 | ||
| Altman-Z | 1.21 |
ROIC/WACC0.09
WACC8.44%
2.3 Liquidity
A Current Ratio of 2.43 indicates that TV has no problem at all paying its short term obligations.
With a decent Current ratio value of 2.43, TV is doing good in the industry, outperforming 71.26% of the companies in the same industry.
TV has a Quick Ratio of 2.41. This indicates that TV is financially healthy and has no problem in meeting its short term obligations.
TV has a better Quick ratio (2.41) than 73.56% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.43 | ||
| Quick Ratio | 2.41 |
3. Growth
3.1 Past
The earnings per share for TV have decreased strongly by -2973.51% in the last year.
EPS 1Y (TTM)-2973.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-68248.84%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-16.34%
3.2 Future
TV is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.24% yearly.
Based on estimates for the next years, TV will show a decrease in Revenue. The Revenue will decrease by -0.23% on average per year.
EPS Next Y103.07%
EPS Next 2Y43.46%
EPS Next 3Y26.88%
EPS Next 5Y19.24%
Revenue Next Year-2.14%
Revenue Next 2Y-2.39%
Revenue Next 3Y1.56%
Revenue Next 5Y-0.23%
3.3 Evolution
4. Valuation
4.1 Price/Earnings Ratio
TV reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
A Price/Forward Earnings ratio of 14.25 indicates a correct valuation of TV.
TV's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. TV is cheaper than 72.41% of the companies in the same industry.
TV's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 22.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.25 |
4.2 Price Multiples
TV's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. TV is cheaper than 93.10% of the companies in the same industry.
TV's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TV is cheaper than 97.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.24 | ||
| EV/EBITDA | 3.54 |
4.3 Compensation for Growth
TV's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as TV's earnings are expected to grow with 26.88% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y43.46%
EPS Next 3Y26.88%
5. Dividend
5.1 Amount
TV has a Yearly Dividend Yield of 4.01%, which is a nice return.
Compared to an average industry Dividend Yield of 4.48, TV pays a better dividend. On top of this TV pays more dividend than 83.91% of the companies listed in the same industry.
TV's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.01% |
5.2 History
The dividend of TV decreases each year by -2.95%.
TV has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of TV decreased in the last 3 years.
Dividend Growth(5Y)-2.95%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
TV has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-19.39%
EPS Next 2Y43.46%
EPS Next 3Y26.88%
1.94
-0.13 (-6.28%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners11.8%
Inst Owner Change0.96%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.04B
Analysts73.33
Price Target4.37 (125.26%)
Short Float %224.12%
Short Ratio4.84
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.01% |
Yearly Dividend0
Dividend Growth(5Y)-2.95%
DP-19.39%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)52.08%
Min EPS beat(2)50.98%
Max EPS beat(2)53.19%
EPS beat(4)4
Avg EPS beat(4)68.84%
Min EPS beat(4)50.98%
Max EPS beat(4)103.94%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-7.11%
Min Revenue beat(2)-10.44%
Max Revenue beat(2)-3.77%
Revenue beat(4)0
Avg Revenue beat(4)-5.49%
Min Revenue beat(4)-10.44%
Max Revenue beat(4)-0.44%
Revenue beat(8)0
Avg Revenue beat(8)-4.35%
Revenue beat(12)0
Avg Revenue beat(12)-5.03%
Revenue beat(16)1
Avg Revenue beat(16)-8.87%
PT rev (1m)-4.3%
PT rev (3m)20.3%
EPS NQ rev (1m)-5.26%
EPS NQ rev (3m)5.88%
EPS NY rev (1m)38.98%
EPS NY rev (3m)38.98%
Revenue NQ rev (1m)-5.24%
Revenue NQ rev (3m)-5.59%
Revenue NY rev (1m)-0.99%
Revenue NY rev (3m)-3.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 14.25 | ||
| P/S | 0.32 | ||
| P/FCF | 1.24 | ||
| P/OCF | 0.73 | ||
| P/B | 0.19 | ||
| P/tB | 0.29 | ||
| EV/EBITDA | 3.54 |
EPS(TTM)-4.44
EYN/A
EPS(NY)0.14
Fwd EY7.02%
FCF(TTM)1.57
FCFY80.73%
OCF(TTM)2.65
OCFY136.69%
SpS6.01
BVpS10.4
TBVpS6.66
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -2.02% | ||
| ROE | -4.64% | ||
| ROCE | 0.95% | ||
| ROIC | 0.75% | ||
| ROICexc | 0.92% | ||
| ROICexgc | 1.17% | ||
| OM | 3.37% | ||
| PM (TTM) | N/A | ||
| GM | 33.67% | ||
| FCFM | 26.04% |
ROA(3y)4.6%
ROA(5y)2.99%
ROE(3y)11.75%
ROE(5y)7.73%
ROIC(3y)2.11%
ROIC(5y)3.64%
ROICexc(3y)2.44%
ROICexc(5y)4.16%
ROICexgc(3y)3.05%
ROICexgc(5y)5.23%
ROCE(3y)2.67%
ROCE(5y)4.61%
ROICexcg growth 3Y-40.88%
ROICexcg growth 5Y-24.84%
ROICexc growth 3Y-40.67%
ROICexc growth 5Y-24.99%
OM growth 3Y-35.28%
OM growth 5Y-21.73%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7%
GM growth 5Y-4.91%
F-Score6
Asset Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.87 | ||
| Debt/FCF | 6.09 | ||
| Debt/EBITDA | 4.27 | ||
| Cap/Depr | 56.63% | ||
| Cap/Sales | 18.05% | ||
| Interest Coverage | 0.32 | ||
| Cash Conversion | 125.09% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.43 | ||
| Quick Ratio | 2.41 | ||
| Altman-Z | 1.21 |
F-Score6
WACC8.44%
ROIC/WACC0.09
Cap/Depr(3y)93.34%
Cap/Depr(5y)95.45%
Cap/Sales(3y)27.28%
Cap/Sales(5y)24.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-2973.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-68248.84%
EPS Next Y103.07%
EPS Next 2Y43.46%
EPS Next 3Y26.88%
EPS Next 5Y19.24%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-16.34%
Revenue Next Year-2.14%
Revenue Next 2Y-2.39%
Revenue Next 3Y1.56%
Revenue Next 5Y-0.23%
EBIT growth 1Y-30.04%
EBIT growth 3Y-41%
EBIT growth 5Y-26.54%
EBIT Next Year715.06%
EBIT Next 3Y97.17%
EBIT Next 5Y52.79%
FCF growth 1Y286.67%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y166.2%
OCF growth 3Y-23.33%
OCF growth 5Y-14.73%