GRUPO TELEVISA SA-SPON ADR (TV) Stock Fundamental Analysis
NYSE:TV - New York Stock Exchange, Inc. - US40049J2069 - ADR - Currency: USD
We assign a fundamental rating of 3 out of 10 to TV. TV was compared to 97 industry peers in the Media industry. The financial health of TV is average, but there are quite some concerns on its profitability. TV has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
TV had negative earnings in the past year.
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.
In the past 5 years TV always reported a positive cash flow from operatings.
1.2 Ratios
TV has a Return On Assets of -3.60%. This is comparable to the rest of the industry: TV outperforms 42.27% of its industry peers.
With a Return On Equity value of -8.68%, TV perfoms like the industry average, outperforming 45.36% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.6% | ||
| ROE | -8.68% | ||
| ROIC | N/A |
ROA(3y)2.82%
ROA(5y)2.01%
ROE(3y)6.57%
ROE(5y)5.1%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
TV's Gross Margin of 33.15% is in line compared to the rest of the industry. TV outperforms 41.24% of its industry peers.
In the last couple of years the Gross Margin of TV has declined.
TV does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 33.15% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.12%
GM growth 5Y-5.11%
2. Health
2.1 Basic Checks
TV does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for TV has been reduced compared to 1 year ago.
TV has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, TV has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.24, we must say that TV is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.24, TV perfoms like the industry average, outperforming 53.61% of the companies in the same industry.
TV has a debt to FCF ratio of 4.50. This is a neutral value as TV would need 4.50 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 4.50, TV is in the better half of the industry, outperforming 76.29% of the companies in the same industry.
A Debt/Equity ratio of 0.94 indicates that TV is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.94, TV is in line with its industry, outperforming 42.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | 4.5 | ||
| Altman-Z | 1.24 |
ROIC/WACCN/A
WACC6.09%
2.3 Liquidity
TV has a Current Ratio of 2.32. This indicates that TV is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of TV (2.32) is better than 79.38% of its industry peers.
A Quick Ratio of 2.31 indicates that TV has no problem at all paying its short term obligations.
The Quick ratio of TV (2.31) is better than 75.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.32 | ||
| Quick Ratio | 2.31 |
3. Growth
3.1 Past
TV shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -973.11%.
TV shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.93%.
The Revenue has been decreasing by -9.36% on average over the past years.
EPS 1Y (TTM)-973.11%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%3967.8%
Revenue 1Y (TTM)-13.93%
Revenue growth 3Y-5.56%
Revenue growth 5Y-9.36%
Sales Q2Q%-6.13%
3.2 Future
Based on estimates for the next years, TV will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.05% on average per year.
TV is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.12% yearly.
EPS Next Y102.21%
EPS Next 2Y55.85%
EPS Next 3Y28.03%
EPS Next 5Y14.05%
Revenue Next Year-5.47%
Revenue Next 2Y-3.42%
Revenue Next 3Y-2.8%
Revenue Next 5Y-3.12%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
TV reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 5.62, the valuation of TV can be described as very cheap.
TV's Price/Forward Earnings ratio is rather cheap when compared to the industry. TV is cheaper than 86.60% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, TV is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 5.62 |
4.2 Price Multiples
TV's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. TV is cheaper than 88.66% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, TV is valued cheaply inside the industry as 94.85% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.94 | ||
| EV/EBITDA | 5.21 |
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 28.03% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y55.85%
EPS Next 3Y28.03%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.01%, TV is a good candidate for dividend investing.
TV's Dividend Yield is rather good when compared to the industry average which is at 4.62. TV pays more dividend than 86.60% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, TV pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.01% |
5.2 History
TV has paid a dividend for at least 10 years, which is a reliable track record.
TV has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)0%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
TV has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-11.45%
EPS Next 2Y55.85%
EPS Next 3Y28.03%
2.18
+0.02 (+0.93%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners10.19%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.35B
Analysts72.94
Price Target4.52 (107.34%)
Short Float %52.63%
Short Ratio2.05
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.01% |
Yearly Dividend0
Dividend Growth(5Y)0%
DP-11.45%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-961.83%
Min EPS beat(2)-2071.68%
Max EPS beat(2)148.02%
EPS beat(4)3
Avg EPS beat(4)-454.87%
Min EPS beat(4)-2071.68%
Max EPS beat(4)148.02%
EPS beat(8)5
Avg EPS beat(8)-232.08%
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)-3.44%
Min Revenue beat(2)-4.06%
Max Revenue beat(2)-2.81%
Revenue beat(4)0
Avg Revenue beat(4)-5.27%
Min Revenue beat(4)-10.44%
Max Revenue beat(4)-2.81%
Revenue beat(8)0
Avg Revenue beat(8)-4.29%
Revenue beat(12)0
Avg Revenue beat(12)-3.81%
Revenue beat(16)0
Avg Revenue beat(16)-7.53%
PT rev (1m)3.06%
PT rev (3m)3.11%
EPS NQ rev (1m)-344.44%
EPS NQ rev (3m)-2100%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)-1.65%
Revenue NQ rev (3m)-1.92%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 5.62 | ||
| P/S | 0.72 | ||
| P/FCF | 1.94 | ||
| P/OCF | 1.34 | ||
| P/B | 0.43 | ||
| P/tB | 0.69 | ||
| EV/EBITDA | 5.21 |
EPS(TTM)-0.87
EYN/A
EPS(NY)0.39
Fwd EY17.81%
FCF(TTM)1.13
FCFY51.66%
OCF(TTM)1.63
OCFY74.59%
SpS3.05
BVpS5.1
TBVpS3.18
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -3.6% | ||
| ROE | -8.68% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 33.15% | ||
| FCFM | 36.95% |
ROA(3y)2.82%
ROA(5y)2.01%
ROE(3y)6.57%
ROE(5y)5.1%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-4.12%
GM growth 5Y-5.11%
F-Score3
Asset Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.94 | ||
| Debt/FCF | 4.5 | ||
| Debt/EBITDA | 5.02 | ||
| Cap/Depr | 50.43% | ||
| Cap/Sales | 16.4% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 169.97% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.32 | ||
| Quick Ratio | 2.31 | ||
| Altman-Z | 1.24 |
F-Score3
WACC6.09%
ROIC/WACCN/A
Cap/Depr(3y)71.72%
Cap/Depr(5y)85.92%
Cap/Sales(3y)23.24%
Cap/Sales(5y)25.14%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-973.11%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%3967.8%
EPS Next Y102.21%
EPS Next 2Y55.85%
EPS Next 3Y28.03%
EPS Next 5Y14.05%
Revenue 1Y (TTM)-13.93%
Revenue growth 3Y-5.56%
Revenue growth 5Y-9.36%
Sales Q2Q%-6.13%
Revenue Next Year-5.47%
Revenue Next 2Y-3.42%
Revenue Next 3Y-2.8%
Revenue Next 5Y-3.12%
EBIT growth 1Y-123.73%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year617.8%
EBIT Next 3Y92.09%
EBIT Next 5Y46.53%
FCF growth 1Y301.78%
FCF growth 3Y72.62%
FCF growth 5Y31.03%
OCF growth 1Y38.01%
OCF growth 3Y2.8%
OCF growth 5Y3.56%