Fox (NASDAQ:FOXA) Has A Pretty Healthy Balance Sheet
Apr 22
U.S. Media Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies115
- 7D3.6%
- 3M-10.1%
- 1Y1.7%
- YTD-9.0%
Over the last 7 days, the Media industry has risen 3.6%, driven by gains from Comcast of 3.1%. Meanwhile, MediaCo Holding actually underperformed within the industry, shrinking 27% in the last week. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 12% per annum.
Industry Valuation and Performance
Has the U.S. Media Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | US$369.1b | US$330.7b | US$21.7b | 14x | 17x | 1.1x |
| Sat, 23 Mar 2024 | US$387.5b | US$330.7b | US$21.6b | 15.6x | 17.9x | 1.2x |
| Mon, 19 Feb 2024 | US$385.1b | US$318.6b | US$22.7b | 13.2x | 17x | 1.2x |
| Wed, 17 Jan 2024 | US$403.8b | US$332.3b | US$23.2b | 13.2x | 17.4x | 1.2x |
| Fri, 15 Dec 2023 | US$408.2b | US$332.7b | US$23.2b | 13.4x | 17.6x | 1.2x |
| Sun, 12 Nov 2023 | US$390.5b | US$334.0b | US$22.8b | 11.4x | 17.1x | 1.2x |
| Tue, 10 Oct 2023 | US$423.7b | US$334.1b | US$15.7b | 16x | 27.1x | 1.3x |
| Thu, 07 Sep 2023 | US$427.9b | US$334.3b | US$15.7b | 15.3x | 27.2x | 1.3x |
| Sat, 05 Aug 2023 | US$437.4b | US$335.2b | US$17.1b | 14.9x | 25.6x | 1.3x |
| Mon, 03 Jul 2023 | US$414.8b | US$334.8b | US$17.3b | 14.7x | 23.9x | 1.2x |
| Wed, 31 May 2023 | US$389.3b | US$334.8b | US$17.3b | 13.4x | 22.5x | 1.2x |
| Fri, 28 Apr 2023 | US$405.3b | US$341.5b | US$22.7b | 14.2x | 17.9x | 1.2x |
| Sun, 26 Mar 2023 | US$381.6b | US$341.5b | US$22.6b | 13.7x | 16.9x | 1.1x |
| Tue, 21 Feb 2023 | US$428.6b | US$340.6b | US$23.7b | 14.7x | 18.1x | 1.3x |
| Thu, 19 Jan 2023 | US$412.9b | US$339.1b | US$26.7b | 12.9x | 15.5x | 1.2x |
| Sat, 17 Dec 2022 | US$370.1b | US$339.1b | US$26.8b | 12.1x | 13.8x | 1.1x |
| Mon, 14 Nov 2022 | US$395.9b | US$338.9b | US$26.8b | 12.1x | 14.8x | 1.2x |
| Wed, 12 Oct 2022 | US$350.8b | US$338.3b | US$36.4b | 10.3x | 9.6x | 1x |
| Fri, 09 Sep 2022 | US$384.0b | US$336.9b | US$36.5b | 11.5x | 10.5x | 1.1x |
| Sun, 07 Aug 2022 | US$423.4b | US$336.5b | US$36.3b | 12x | 11.7x | 1.3x |
| Tue, 05 Jul 2022 | US$432.4b | US$333.0b | US$36.1b | 13.5x | 12x | 1.3x |
| Thu, 02 Jun 2022 | US$472.0b | US$333.4b | US$36.1b | 15.4x | 13.1x | 1.4x |
| Sat, 30 Apr 2022 | US$476.9b | US$336.8b | US$34.4b | 18.1x | 13.9x | 1.4x |
| Mon, 28 Mar 2022 | US$578.7b | US$335.2b | US$34.7b | 18.8x | 16.7x | 1.7x |
| Wed, 23 Feb 2022 | US$569.1b | US$334.8b | US$34.2b | 14.3x | 16.6x | 1.7x |
| Fri, 21 Jan 2022 | US$581.3b | US$329.6b | US$32.8b | 12.8x | 17.7x | 1.8x |
| Sun, 19 Dec 2021 | US$590.2b | US$329.4b | US$32.8b | 12.6x | 18x | 1.8x |
| Tue, 16 Nov 2021 | US$646.0b | US$327.3b | US$32.7b | 16.8x | 19.7x | 2x |
| Thu, 14 Oct 2021 | US$642.7b | US$314.3b | US$30.5b | 14.5x | 21x | 2x |
| Sat, 11 Sep 2021 | US$670.0b | US$314.7b | US$30.3b | 13x | 22.1x | 2.1x |
| Mon, 09 Aug 2021 | US$672.1b | US$317.9b | US$30.4b | 12.8x | 22.1x | 2.1x |
| Sun, 02 May 2021 | US$655.3b | US$303.9b | US$25.3b | 16.4x | 25.9x | 2.2x |
Price to Earnings Ratio
25.9x
Current Industry PE
- Investors are relatively neutral on the American Media industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 18.5x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Media industry have declined 5.1% per year over the last three years.
- Meanwhile revenues for these companies have grown 2.9% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the U.S. Telecom industry?
| US Market | 1.21% | |
| Telecom | 1.10% | |
| Media | 3.59% | |
| Broadcasting | 7.23% | |
| Advertising | 3.34% | |
| Cable and Satellite | 3.24% | |
| Publishing | 3.03% | |
Industry PE
- Investors are most optimistic about the Publishing industry which is trading above its 3-year average PE ratio of 34.9x.
- Analysts are expecting annual earnings growth of 19.5%, which is higher than its past year's earnings growth of 8.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Broadcasting industry, expecting annual earnings growth of 25% over the next 5 years.
- This is better than its past earnings decline of 35% per year.
- In contrast, the Cable and Satellite industry is expected to see its earnings grow by 4.0% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CMCSA Comcast | US$40.21 | 3.1% +US$4.8b | 10.1% | PE10.4x | |
| TTD Trade Desk | US$83.79 | 4.6% +US$1.8b | 39.7% | PE228.9x | |
| PARA Paramount Global | US$12.68 | 17.3% +US$1.4b | -41.4% | PS0.3x | |
| CHTR Charter Communications | US$264.70 | 2.6% +US$963.1m | -17.4% | PE8.4x | |
| OMC Omnicom Group | US$95.98 | 3.8% +US$691.3m | 6.0% | PE12.7x |
