Corus Entertainment Inc., a media and content company, operates specialty and conventional television networks, and radio stations in Canada and internationally. More Details
Undervalued with acceptable track record.
Share Price & News
How has Corus Entertainment's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CJR.B is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: CJR.B's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: CJR.B exceeded the Canadian Media industry which returned 32.4% over the past year.
Return vs Market: CJR.B exceeded the Canadian Market which returned 29.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Corus Entertainment's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StIs Corus Entertainment (TSE:CJR.B) A Risky Investment?
1 month ago | Simply Wall StWe Wouldn't Be Too Quick To Buy Corus Entertainment Inc. (TSE:CJR.B) Before It Goes Ex-Dividend
2 months ago | Simply Wall StCorus Entertainment (TSE:CJR.B) Has Announced A Dividend Of CA$0.06
Is Corus Entertainment undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CJR.B (CA$5.79) is trading below our estimate of fair value (CA$17.86)
Significantly Below Fair Value: CJR.B is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CJR.B is good value based on its PE Ratio (6.6x) compared to the Canadian Media industry average (10.1x).
PE vs Market: CJR.B is good value based on its PE Ratio (6.6x) compared to the Canadian market (13.6x).
Price to Earnings Growth Ratio
PEG Ratio: CJR.B's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CJR.B is good value based on its PB Ratio (1.1x) compared to the CA Media industry average (1.7x).
How is Corus Entertainment forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CJR.B's earnings are forecast to decline over the next 3 years (-1.5% per year).
Earnings vs Market: CJR.B's earnings are forecast to decline over the next 3 years (-1.5% per year).
High Growth Earnings: CJR.B's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CJR.B's revenue (3% per year) is forecast to grow slower than the Canadian market (5.3% per year).
High Growth Revenue: CJR.B's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CJR.B's Return on Equity is forecast to be low in 3 years time (13.5%).
How has Corus Entertainment performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CJR.B has high quality earnings.
Growing Profit Margin: CJR.B became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: CJR.B has become profitable over the past 5 years, growing earnings by -28.7% per year.
Accelerating Growth: CJR.B has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CJR.B has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (23.1%).
Return on Equity
High ROE: CJR.B's Return on Equity (16.9%) is considered low.
How is Corus Entertainment's financial position?
Financial Position Analysis
Short Term Liabilities: CJR.B's short term assets (CA$484.0M) do not cover its short term liabilities (CA$600.7M).
Long Term Liabilities: CJR.B's short term assets (CA$484.0M) do not cover its long term liabilities (CA$2.2B).
Debt to Equity History and Analysis
Debt Level: CJR.B's debt to equity ratio (115.3%) is considered high.
Reducing Debt: CJR.B's debt to equity ratio has increased from 88.2% to 115.3% over the past 5 years.
Debt Coverage: CJR.B's debt is well covered by operating cash flow (22.9%).
Interest Coverage: CJR.B's interest payments on its debt are well covered by EBIT (3.7x coverage).
What is Corus Entertainment current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CJR.B's dividend (4.15%) is higher than the bottom 25% of dividend payers in the Canadian market (1.59%).
High Dividend: CJR.B's dividend (4.15%) is low compared to the top 25% of dividend payers in the Canadian market (4.57%).
Stability and Growth of Payments
Stable Dividend: CJR.B's dividend payments have been volatile in the past 10 years.
Growing Dividend: CJR.B's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.3%), CJR.B's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CJR.B's dividends in 3 years are forecast to be well covered by earnings (30.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Doug Murphy (58 yo)
Mr. Douglas D. Murphy, also known as Doug, HBA, MBA has been the Chief Executive Officer and President of Corus Entertainment Inc. since March 30, 2015. Mr. Murphy served as the Chief Operating Officer and...
CEO Compensation Analysis
Compensation vs Market: Doug's total compensation ($USD3.23M) is above average for companies of similar size in the Canadian market ($USD1.19M).
Compensation vs Earnings: Doug's compensation has been consistent with company performance over the past year.
Experienced Management: CJR.B's management team is seasoned and experienced (5.4 years average tenure).
Experienced Board: CJR.B's board of directors are considered experienced (6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Corus Entertainment Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Corus Entertainment Inc.
- Ticker: CJR.B
- Exchange: TSX
- Founded: 1998
- Industry: Broadcasting
- Sector: Media
- Market Cap: CA$1.206b
- Shares outstanding: 208.37m
- Website: https://www.corusent.com
Number of Employees
- Corus Entertainment Inc.
- Corus Quay
- 25 Dockside Drive
- M5A 0B5
Corus Entertainment Inc., a media and content company, operates specialty and conventional television networks, and radio stations in Canada and internationally. It operates in two segments, Television and...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/02 22:29|
|End of Day Share Price||2021/07/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.