Corus Entertainment (TSE:CJR.B) Has A Somewhat Strained Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Has the Canadian Media Industry valuation changed over the past few years?
|Wed, 01 Dec 2021||CA$33.8b||CA$17.8b||CA$2.3b||11.6x|
|Fri, 29 Oct 2021||CA$34.2b||CA$17.7b||CA$2.2b||10.5x|
|Sun, 26 Sep 2021||CA$35.3b||CA$17.6b||CA$2.2b||11.4x|
|Tue, 24 Aug 2021||CA$35.8b||CA$17.6b||CA$2.2b||12.2x|
|Wed, 30 Jun 2021||CA$36.2b||CA$17.6b||CA$2.2b||12.1x|
|Sat, 03 Apr 2021||CA$34.8b||CA$17.2b||CA$1.3b||11.5x|
|Tue, 05 Jan 2021||CA$27.7b||CA$17.1b||CA$1.2b||10.8x|
|Fri, 09 Oct 2020||CA$29.0b||CA$17.1b||CA$1.1b||10.9x|
|Thu, 02 Jul 2020||CA$26.1b||CA$17.2b||CA$1.2b||10.6x|
|Sun, 05 Apr 2020||CA$26.9b||CA$17.5b||CA$2.1b||4.8x|
|Wed, 08 Jan 2020||CA$31.5b||CA$17.4b||CA$2.0b||10.8x|
|Tue, 01 Oct 2019||CA$30.2b||CA$17.3b||CA$1.7b||11.1x|
|Fri, 05 Jul 2019||CA$30.2b||CA$17.2b||CA$1.8b||14.7x|
|Mon, 08 Apr 2019||CA$30.7b||CA$17.1b||CA$254.1m||19.3x|
|Thu, 10 Jan 2019||CA$18.5b||CA$12.6b||-CA$200,927,005.45||8.8x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 11.7x. However, future earnings are expected to decline by 0.9% which could potentially cause the PE ratio to fall below its historical average.
Past Earnings Growth: Total earnings for the Media industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 12% per year. This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Which industries have driven the changes within the Canadian Media industry?
|Cable and Satellite||-0.19%|
Industry PE: Investors are most optimistic about the Advertising industry which is trading above its 3-year average PE ratio of 17.1x. This is likely because analysts are expecting annual earnings growth of 51% and investors are willing to pay a premium for that growth. Meanwhile, investors are most pessimistic about the Publishing industry, which is trading below its 3-year average of 14.3x.
Forecasted Growth: Analysts are most optimistic on the Advertising industry, expecting annual earnings growth of 51% over the next 5 years. Meanwhile, the Cable and Satellite industry is expected to see its earnings growth to stay flat over the next few years.
Which companies have driven the market over the last 7 days?