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U.S. Cable and Satellite Industry Analysis
UpdatedSep 07, 2024
DataAggregated Company Financials
Companies10
- 7D-1.2%
- 3M6.1%
- 1Y-15.1%
- YTDn/a
Over the last 7 days, the Cable and Satellite industry has dropped 1.2%, driven by Charter Communications declining 5.8%. Meanwhile, EchoStar actually outperformed within the industry, gaining 21% in the last week. Overall the industry is down 15% in 12 months. As for the next few years, earnings are expected to grow by 2.7% per annum.
Industry Valuation and Performance
Has the U.S. Cable and Satellite Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 07 Sep 2024 | US$230.2b | US$204.2b | US$19.1b | 10.1x | 12x | 1.1x |
| Mon, 05 Aug 2024 | US$238.5b | US$204.7b | US$19.4b | 10.2x | 12.3x | 1.2x |
| Wed, 03 Jul 2024 | US$219.7b | US$205.5b | US$19.7b | 9.1x | 11.2x | 1.1x |
| Fri, 31 May 2024 | US$219.3b | US$205.5b | US$19.7b | 8.6x | 11.1x | 1.1x |
| Sun, 28 Apr 2024 | US$212.5b | US$205.9b | US$19.8b | 9.6x | 10.7x | 1x |
| Tue, 26 Mar 2024 | US$240.5b | US$205.5b | US$19.7b | 11x | 12.2x | 1.2x |
| Thu, 22 Feb 2024 | US$236.1b | US$190.3b | US$21.5b | 11.5x | 11x | 1.2x |
| Sat, 20 Jan 2024 | US$262.9b | US$203.4b | US$22.5b | 11.6x | 11.7x | 1.3x |
| Mon, 18 Dec 2023 | US$268.4b | US$203.4b | US$22.5b | 11.9x | 12x | 1.3x |
| Wed, 15 Nov 2023 | US$259.7b | US$203.4b | US$22.5b | 12.1x | 11.6x | 1.3x |
| Fri, 13 Oct 2023 | US$287.1b | US$203.5b | US$14.6b | 15.6x | 19.7x | 1.4x |
| Sun, 10 Sep 2023 | US$277.2b | US$203.5b | US$14.6b | 14.9x | 19x | 1.4x |
| Tue, 08 Aug 2023 | US$287.3b | US$203.8b | US$14.8b | 15x | 19.4x | 1.4x |
| Thu, 06 Jul 2023 | US$262.5b | US$203.2b | US$14.9b | 11.1x | 17.6x | 1.3x |
| Sat, 03 Jun 2023 | US$244.4b | US$203.2b | US$14.9b | 10.1x | 16.4x | 1.2x |
| Mon, 01 May 2023 | US$265.5b | US$203.7b | US$15.6b | 10.6x | 17x | 1.3x |
| Wed, 29 Mar 2023 | US$242.2b | US$204.5b | US$15.5b | 9.8x | 15.6x | 1.2x |
| Fri, 24 Feb 2023 | US$260.9b | US$204.5b | US$15.3b | 11.2x | 17x | 1.3x |
| Sun, 22 Jan 2023 | US$279.3b | US$204.2b | US$15.6b | 12.1x | 17.9x | 1.4x |
| Tue, 20 Dec 2022 | US$236.0b | US$204.2b | US$15.6b | 10.7x | 15.1x | 1.2x |
| Thu, 17 Nov 2022 | US$256.7b | US$204.2b | US$15.6b | 11x | 16.4x | 1.3x |
| Sat, 15 Oct 2022 | US$228.4b | US$204.6b | US$24.3b | 9.4x | 9.4x | 1.1x |
| Mon, 12 Sep 2022 | US$277.2b | US$204.6b | US$24.3b | 11.5x | 11.4x | 1.4x |
| Wed, 10 Aug 2022 | US$301.1b | US$204.6b | US$24.3b | 12.9x | 12.4x | 1.5x |
| Fri, 08 Jul 2022 | US$314.0b | US$202.5b | US$23.9b | 14.3x | 13.2x | 1.6x |
| Sun, 05 Jun 2022 | US$336.0b | US$202.5b | US$23.9b | 15.4x | 14.1x | 1.7x |
| Tue, 03 May 2022 | US$319.9b | US$202.4b | US$23.4b | 19.9x | 13.7x | 1.6x |
| Thu, 31 Mar 2022 | US$409.7b | US$198.0b | US$22.8b | 25.3x | 18x | 2.1x |
| Sat, 26 Feb 2022 | US$396.3b | US$198.1b | US$22.3b | 25.6x | 17.8x | 2x |
| Mon, 24 Jan 2022 | US$412.7b | US$194.9b | US$22.2b | 27.1x | 18.6x | 2.1x |
| Wed, 22 Dec 2021 | US$429.1b | US$194.9b | US$22.2b | 30.6x | 19.3x | 2.2x |
| Fri, 19 Nov 2021 | US$460.4b | US$194.9b | US$22.2b | 32.6x | 20.7x | 2.4x |
| Sun, 17 Oct 2021 | US$475.1b | US$187.4b | US$19.3b | 25.2x | 24.6x | 2.5x |
| Tue, 14 Sep 2021 | US$478.2b | US$187.5b | US$19.3b | 26.8x | 24.8x | 2.6x |
Price to Earnings Ratio
24.8x
Current Industry PE
- Investors are pessimistic on the American Cable and Satellite industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 12.0x which is lower than its 3-year average PE of 15.5x.
- 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 Cable and Satellite industry have remained mostly flat 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 and as a result, profits have held steady.
Industry Comparison
How does U.S. Cable and Satellite compare with similar industries?
| US Market | -4.43% | |
| Telecom | -4.84% | |
| Media | -2.42% | |
| Cable and Satellite | -1.17% | |
| Broadcasting | -3.45% | |
| Advertising | -3.90% | |
| Publishing | -5.87% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SATS EchoStar | US$22.40 | 20.8% +US$1.0b | 24.2% | PS0.4x | |
| DISH DISH Network | US$5.77 | 8.9% +US$251.2m | -61.1% | PE2.5x | |
| ATUS Altice USA | US$2.20 | 19.6% +US$232.1m | -29.0% | PS0.2x | |
| CMCSA Comcast | US$39.61 | 0.1% +US$154.9m | -12.0% | PE10.2x |
