Grupo Televisa, S.A.B.

NYSE:TV 株式レポート

時価総額：US$1.5b

Grupo Televisa 将来の成長

Future 基準チェック /36

Grupo Televisaの収益は年間1.8%で減少すると予測されていますが、年間利益は年間88.5%で増加すると予測されています。EPS は年間 増加すると予測されています。自己資本利益率は 3 年後に1.5% 72.5%なると予測されています。

主要情報

88.5%

収益成長率

72.54%

EPS成長率

Telecom 収益成長11.1%
収益成長率-1.8%
将来の株主資本利益率1.55%
アナリストカバレッジ

Good

最終更新日14 May 2026

今後の成長に関する最新情報

更新なし

Recent updates

Seeking Alpha • May 09

Expect Grupo Televisa's Next Leg Up From Reduced Debt, M&A, And 2026 Soccer World Cup

Summary Grupo Televisa still trades at historically very cheap levels after a strong run-up in 2025 from a multi-year bottom in 2024. The 45% stake in the fast-growing ViX streaming service is a key reason to be bullish about Grupo Televisa's shares. Grupo Televisa is deleveraging quickly, and the legacy telecoms and satellite business shows positives from fiber investments that point to a return to growth in coming years. Suspension of the 2025 annual dividend aims to preserve cash for potential dealmaking opportunities. Grupo Televisa may acquire AT&T's Mexican unit. Management has recently increased Grupo Televisa's share ownership by $100M, which makes it more likely than ever that they're aligned with shareholder interests. Read the full article on Seeking Alpha
Seeking Alpha • Mar 21

Grupo Televisa: A Great Test Of Patience

Summary Grupo Televisa remains undervalued as management optimizes for maximum cash flow to pay down debt. ViX streaming service has turned profitable quickly, showing substantial traction with 20% growth in MAUs and ARPUs. Despite cord-cutting trends, Sky and Cable business shows resilience, with management focusing on value customers and reducing churn to stabilize the subscriber base. TV shares are still a buy with a price target of $4. Read the full article on Seeking Alpha
Seeking Alpha • Dec 19

Grupo Televisa: Excellent Efficiency Improvements Improve Cash Flow

Summary Grupo Televisa remains a strong buy due to significant undervaluation and impressive cash flow growth, despite market ignorance and top-line revenue declines. Efficiency gains have led to a 27% increase in operating cash flow and a 30% free cash flow yield at current market prices. The 45% stake in TelevisaUnivision alone is worth $3-4 per share, making the current stock price of $1.90 highly undervalued. While high leverage and declining business are concerns, the focus on cash flow and recent efficiency gains are bullish signals for investors. Read the full article on Seeking Alpha
Seeking Alpha • Mar 27

All Eyes On Undervalued Media Company Grupo Televisa

Summary Grupo Televisa is an undervalued media company with a diverse business model and high barriers to entry. The company focuses on producing Spanish-speaking content and has a large global audience and reach. The cable and Sky segments make up a significant portion of Grupo Televisa's revenue, while other businesses have been spun off into Ollamani. Shares are a buy with a price target of $8. Read the full article on Seeking Alpha
Seeking Alpha • Dec 01

Grupo Televisa: Wait For A Catalyst Before Buying

Summary Grupo Televisa has not been a very good investment over the past few years. The company is a fairly complex entity, including a core cable business, a majority ownership stake in Sky Mexico, and a large minority interest in TelevisaUnivision. TV has recently experienced weakness in its core businesses due to a secular shift away from paid television. TV is trading at a fairly attractive valuation, but currently lacks an upside catalyst. I am initiating TV with a hold rating and would consider upgrading the stock if an upside catalyst emerges. Read the full article on Seeking Alpha
Seeking Alpha • Feb 06

Grupo Televisa: 2023 Rally Could Indeed Continue For Some Time To Come

Summary Grupo Televisa, S.A.B. shares are already up almost 40% since the turn of the year. Valuation remains depressed, especially on the assets side. Growing margins and improving balance sheet bodes well for more share-price appreciation. Intro If we pull up a Grupo Televisa, S.A.B. (TV) intermediate chart, we see that shares successfully tested their 2020 lows in late December of last year. This means we potentially have a double-bottom reversal formation in play, which would mean that shares would rally above $20 over the next few years. Given where this stock has traded in past times ($30+ per share), the above projection is entirely possible. If indeed, though, we have a double-bottom reversal playing itself out at present, we first need to see the stock's 10-week moving average cross above its corresponding 40-week. Furthermore, an uptick in the popular ADX intermediate trend-following indicator would also be needed to demonstrate that indeed shares are in their initial innings of a sustained bullish trend. Grupo Televisa has started 2023 exceptionally well with higher highs for 4+ weeks now. Therefore, as we approach the company's fourth-quarter earnings scheduled to be announced at the back end of this month, it will be interesting to see if the binary event can be the catalyst for momentum to continue. Why is researching the above important? Because if indeed a double-bottom reversal pattern does not play itself out (Which may then dwarf into a triple bottom or a multi-year consolidation pattern), forward-looking returns will obviously be poorer. Furthermore, Grupo Televisa's 1.5% dividend yield would not be enough to cover the ravages of inflation if shares were to consolidate for a considerable period of time. Remember, with inflation remaining in the high single-digit range, investors still need to make a 6 to 8% minimum nominal return in order to realize a real return on their investment. Suffice it to say, timing an investment is more important than ever, especially in beaten-down plays such as Grupo Televisa, S.A.B. Grupo Televisa Technical Chart (Stockcharts.com) As always, the market will reward TV stock for the pace of its earnings growth and even more so if the market believes shares are undervalued. Profitability Grupo Televisa, S.A.B.'s gross margin over a trailing twelve-month average now comes in at 42.12%, which means this key metric is in line with the averages we have seen over the past five years. Furthermore, if we continue down the income statement, Televisa's operating margin of 21.23% comes in significantly ahead of the company's 5-year average for this metric (17.85%). This is due in no small part to the aggressive cost-cutting stance management especially undertook in 2020. Rising margins in an inflationary environment are very encouraging, especially when combined with the 3%+ top-line growth rate expected next year. Suffice it to say, if sales can beat expectations in Q4 and beyond ($1.02 billion expected in Q4), this would really add fuel to Televisa's bottom-line growth profile due to how margins have been expanding.
Seeking Alpha • Dec 13

Grupo Televisa says Megacable board rejected offer for merger

Grupo Televisa (NYSE:TV) said Megacable's board rejected a merger proposal made last month. Grupo Televisa shares were halted after earlier climbing 11%. Televisa plans to pursue other alternatives with Megacable on a merger, according to traders, who cited a Bloomberg report, which cited a Mexico stock exchange filing. The Televisa proposal included Megcable shareholders owning 45% of the  erged company with Televisa (TV) owning about 55%. Megacable holders would receive a 14.8 billion peso special dividend and Megacable would remain publicly listed on the Mexican stock exchange. Reuters reported news of a potential deal earlier.
Seeking Alpha • Nov 15

Grupo Televisa: Gearing Up For A Solid Year Ahead

Summary Televisa saw strong operating momentum across its key businesses in Q3. The Sky turnaround is a work in progress, but TelevisaUnivision continues to outperform expectations. At the current historically cheap valuation, Televisa is worth a look. Grupo Televisa, S.A.B. (TV), a Mexico-based media and telecom company, continues to see encouraging growth in its cable businesses, as investments in network expansion and upgrades drive subscriber growth. The challenged Sky Satellite business turnaround is a work in progress, but TelevisaUnivision (UVN), in which Televisa owns a 45% stake, has shown surprising resilience even against a softening macro. The operational momentum has been accompanied by margin pressures, though, and risks around the Sky turnaround remain elevated. Yet, management has been prudent with its balance sheet management, paying down ~$800m of debt with cash on hand, leaving ~80% of the debt stack at a fixed rate. This leaves ample room for more stock buybacks at the current historically cheap valuation (see my prior take on the valuation here), setting up for a strong year ahead. Data by YCharts Operating Momentum Picks Up in Cable Televisa's cable business delivered better than expected subscriber additions in Q3, supported by strong execution on its triple-play bundle (i.e., broadband, television, and landline). In particular, the izzi residential cable business continues to be a bright spot, gaining share across fiber to the home (~2m incremental homes last year) and in legacy markets. Pay-TV has also outperformed alongside fixed voice, although competitors' ongoing upgrade cycles have helped. Key cable peer Megacable (MHSDF), for instance, is making up for previously underinvesting in its infrastructure, while all-fiber peer Totalplay is also in the midst of major upgrades (albeit in select areas). Grupo Televisa Broadband was another bright spot, accelerating to 96k adds during the quarter (well above the 78k adds in Q2 2022 and the highest rate of additions since the 104k adds in Q1 2021). This trend was echoed at Megacable, which also accelerated to 101k adds, although América Móvil (AMX) lagged this quarter. Similarly, mobile saw a strong +19k net adds in Q3, driving the overall mobile subs contribution to ~5% of video subs. The key question, in my view, is the sustainability of these strong net adds. Given the company held off on taking price increases this quarter due to the weak macro environment, the 'stickiness' of these subs could be less than expected. Still, Televisa deserves credit for also increasing its penetration in new locations (large cities and smaller ones), driving more net adds, and supporting average revenue per user (ARPU) trends going forward. Sky Turnaround in Progress Sky saw more video disconnections in Q3 at 381k, outpacing even the 225k net disconnection rate seen in Q2. It is worth considering the context, however, with management citing that 204k of these losses were related to the clean-up of the base. All in all, revenues were down ~9% YoY due to subscriber declines, and lower prepaid recharges, while headline operating segment income ((OSI)) declined ~25% YoY. Adjusted for the impact of the amortization of World Cup-related transmission rights, however, operating income would have declined by a more gradual ~13% YoY. Grupo Televisa Importantly, the turnaround is on track, with management now focused on improving sales quality and increasing the ARPU of the client base. From here, execution will be key - as long as churn rates stay well-managed, the unit could see lower investment needs going forward, presenting an upside to current estimates. TelevisaUnivision Defies the Economic Headwinds Also outperforming expectations was TelevisaUnivision, which posted advertising revenue growth of +6% YoY on strong advance sales in the US and Mexico, as well as new client additions. The +8% YoY growth in subscription & licensing was also impressive, all things considered, helped by the launch of the ViX+ streaming offering this quarter. While profitability was down this quarter, with the adj operating income declining by ~4%, much of the delta was down to incremental marketing costs for the ViX+ launch and related content amortization from the streaming service. TelevisaUnivision
Seeking Alpha • Jul 26

Grupo Televisa reports Q2 results

Grupo Televisa press release (NYSE:TV): Q2Revenue of $747.5M (+6.8% Y/Y) misses by $157.48M. Cash and cash equivalents $684.4M. The 2022/2023 U.S. Upfront closed with the highest volume growth in seven years, and the second consecutive year of CPM growth. U.S. market share of Spanish language primetime expanded 40bps to 63.2%, while total television primetime viewing share rose 20bps to 7.0%. Pro forma revenue grew 11% in the second quarter and 11% in the first half of 2022. Pro forma adjusted OIBDA declined 8% in the second quarter, and 1% in the first half of 2022, as the company’s streaming investments ramped up.
Seeking Alpha • Jun 21

Univision sets big streaming plans for post-Televisa merger

Univision (UVN) is expanding its streaming ambitions following its $4.8B acquisition of Grupo Televisa (TV), set to close later this year. The broadcaster plans a service to come in 2022 to the United States and Latin America, encompassing subscription options as well as free ad-supported video. It will roll up the existing VIX and Univision Now services, along with Univision's recently launched ad-supported PrendeTV service. The free tier will have more than 100 linear channels and more than 40,000 hours

業績と収益の成長予測

NYSE:TV - アナリストの将来予測と過去の財務データ ( )MXN Millions
日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数
12/31/202855,8032,0064,33618,5829
12/31/202755,7412,0893,31418,48610
12/31/202656,6721,4764,38419,09010
3/31/202658,417-8,4564,98919,135N/A
12/31/202558,878-9,1686,61820,092N/A
9/30/202559,556-10,99611,46522,895N/A
6/30/202560,292-8,39716,26326,527N/A
3/31/202561,283-8,89822,77132,831N/A
12/31/202462,261-8,32222,07832,554N/A
9/30/202463,394-5,44817,04528,860N/A
6/30/202464,448-7,28712,70225,562N/A
3/31/202465,421-7,3645,30120,179N/A
12/31/202366,223-9,051-1,37615,201N/A
9/30/202368,995-14,8752,06518,571N/A
6/30/202371,831-13,3222,12119,317N/A
3/31/202373,671-10,1795,63623,692N/A
12/31/202268,616-12,116-6,65512,468N/A
9/30/202275,2232,851-9,13110,842N/A
6/30/202274,562747-11,98011,337N/A
3/31/202274,502-1,414-13,45510,830N/A
12/31/202173,915-5304,15729,324N/A
9/30/202182,8691,2291,83127,546N/A
6/30/202188,2226,3045,68229,530N/A
3/31/202192,1557,1627,46430,161N/A
12/31/202070,680-7,34311,79433,161N/A
9/30/202097,847-2,15312,59733,562N/A
6/30/202099,690-4,74714,54335,135N/A
3/31/2020101,591-5,56715,73336,943N/A
12/31/2019101,7574,626N/A27,269N/A
9/30/2019100,2242,273N/A31,133N/A
6/30/201999,4712,495N/A27,262N/A
3/31/2019101,8665,874N/A28,315N/A
12/31/2018101,2826,009N/A33,714N/A
9/30/2018101,2276,847N/A33,969N/A
6/30/201898,8576,884N/A32,841N/A
3/31/201895,1324,006N/A26,517N/A
12/31/201794,2744,524N/A25,100N/A
9/30/201794,8954,273N/A26,941N/A
6/30/201795,9544,320N/A30,348N/A
3/31/201796,5014,317N/A29,717N/A
12/31/201696,2873,721N/A36,657N/A
9/30/201693,9384,650N/A35,280N/A
6/30/201692,47110,133N/A22,197N/A
3/31/201689,93310,046N/A23,930N/A
12/31/201588,05210,899N/A31,286N/A
9/30/201587,12111,832N/A32,178N/A
6/30/201584,6955,104N/A41,844N/A

アナリストによる今後の成長予測

収入対貯蓄率: TVは今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 3.5% ) よりも高い成長率であると考えられます。

収益対市場: TV今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。

高成長収益: TV今後 3 年以内に収益を上げることが予想されます。

収益対市場: TVの収益は今後 3 年間で減少すると予想されています (年間-1.8% )。

高い収益成長: TVの収益は今後 3 年間で減少すると予測されています (年間-1.8% )。

一株当たり利益成長率予想

将来の株主資本利益率

将来のROE: TVの 自己資本利益率 は、3年後には低くなると予測されています ( 1.5 %)。

成長企業の発掘

7D

1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/05/20 10:48
終値2026/05/20 00:00
収益2026/03/31
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Grupo Televisa, S.A.B. 10 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。25

アナリスト機関
Martín LaraActinver Case de Bolsa, S.A. de C.V.
Michel MorinBarclays
Matthew HarriganBenchmark Company