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ITV

ITVLSE:ITV Stock Report

Market Cap

UK£4.4b

7D

1.0%

1Y

74.5%

Updated

26 Sep, 2021

Data

Company Financials +
ITV fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance4/6
Financial Health5/6
Dividends0/6

ITV Overview

ITV plc, an integrated producer broadcaster, creates, owns, and distributes content on various platforms worldwide.

ITV Competitors

Price History & Performance

Summary of all time highs, changes and price drops for ITV
Historical stock prices
Current Share PriceUK£1.10
52 Week HighUK£0.63
52 Week LowUK£1.34
Beta1.7
1 Month Change-6.80%
3 Month Change-12.22%
1 Year Change74.52%
3 Year Change-30.57%
5 Year Change-41.45%
Change since IPO-86.38%

Recent News & Updates

Sep 27
Is ITV (LON:ITV) Using Too Much Debt?

Is ITV (LON:ITV) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Aug 28
Is It Time To Consider Buying ITV plc (LON:ITV)?

Is It Time To Consider Buying ITV plc (LON:ITV)?

ITV plc ( LON:ITV ), might not be a large cap stock, but it received a lot of attention from a substantial price...

Shareholder Returns

ITVGB MediaGB Market
7D1.0%1.1%0.6%
1Y74.5%69.2%24.1%

Return vs Industry: ITV exceeded the UK Media industry which returned 69.2% over the past year.

Return vs Market: ITV exceeded the UK Market which returned 23.4% over the past year.

Price Volatility

Is ITV's price volatile compared to industry and market?
ITV volatility
ITV Beta1.7
Industry Beta1.03
Market Beta1

Stable Share Price: ITV is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ITV's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19556,273Dame Carolyn McCallhttps://www.itv.com

ITV plc, an integrated producer broadcaster, creates, owns, and distributes content on various platforms worldwide. It operates through Broadcast, and ITV Studios segments. The Broadcast segment broadcasts various contents on its family of free-to-air channels, including ITV, ITV2, ITV3, ITV4, ITVBe, ITV Encore, CITV, ITV Breakfast, CITV Breakfast, and various related +1 and HD equivalents; and offers television advertising services.

ITV Fundamentals Summary

How do ITV's earnings and revenue compare to its market cap?
ITV fundamental statistics
Market CapUK£4.39b
Earnings (TTM)UK£364.00m
Revenue (TTM)UK£3.11b

12.1x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ITV income statement (TTM)
RevenueUK£3.11b
Cost of RevenueUK£2.35b
Gross ProfitUK£761.10m
ExpensesUK£397.10m
EarningsUK£364.00m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.091
Gross Margin24.46%
Net Profit Margin11.70%
Debt/Equity Ratio86.0%

How did ITV perform over the long term?

See historical performance and comparison

Valuation

Is ITV undervalued compared to its fair value and its price relative to the market?

36.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ITV (£1.1) is trading below our estimate of fair value (£1.72)

Significantly Below Fair Value: ITV is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ITV is good value based on its PE Ratio (12.1x) compared to the UK Media industry average (24x).

PE vs Market: ITV is good value based on its PE Ratio (12.1x) compared to the UK market (23.4x).


Price to Earnings Growth Ratio

PEG Ratio: ITV is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: ITV is overvalued based on its PB Ratio (3.6x) compared to the GB Media industry average (1.9x).


Future Growth

How is ITV forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

12.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ITV's forecast earnings growth (12.9% per year) is above the savings rate (0.9%).

Earnings vs Market: ITV's earnings (12.9% per year) are forecast to grow slower than the UK market (13.3% per year).

High Growth Earnings: ITV's earnings are forecast to grow, but not significantly.

Revenue vs Market: ITV's revenue (2.7% per year) is forecast to grow slower than the UK market (5.4% per year).

High Growth Revenue: ITV's revenue (2.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ITV's Return on Equity is forecast to be high in 3 years time (28.1%)


Past Performance

How has ITV performed over the past 5 years?

-6.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ITV has a large one-off loss of £137.0M impacting its June 30 2021 financial results.

Growing Profit Margin: ITV's current net profit margins (11.7%) are higher than last year (9.9%).


Past Earnings Growth Analysis

Earnings Trend: ITV's earnings have declined by 6.4% per year over the past 5 years.

Accelerating Growth: ITV's earnings growth over the past year (20.9%) exceeds its 5-year average (-6.4% per year).

Earnings vs Industry: ITV earnings growth over the past year (20.9%) exceeded the Media industry 13.1%.


Return on Equity

High ROE: ITV's Return on Equity (29.3%) is considered high.


Financial Health

How is ITV's financial position?


Financial Position Analysis

Short Term Liabilities: ITV's short term assets (£2.1B) exceed its short term liabilities (£1.5B).

Long Term Liabilities: ITV's short term assets (£2.1B) exceed its long term liabilities (£1.3B).


Debt to Equity History and Analysis

Debt Level: ITV's debt to equity ratio (86%) is considered high.

Reducing Debt: ITV's debt to equity ratio has reduced from 107% to 86% over the past 5 years.

Debt Coverage: ITV's debt is well covered by operating cash flow (34%).

Interest Coverage: ITV's interest payments on its debt are well covered by EBIT (23.7x coverage).


Balance Sheet


Dividend

What is ITV current dividend yield, its reliability and sustainability?

4.60%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ITV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ITV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ITV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ITV's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ITV is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ITV's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.7yrs

Average management tenure


CEO

Dame Carolyn McCall (60 yo)

3.67yrs

Tenure

UK£1,102,000

Compensation

Ms. Dame Carolyn J. McCall, DBE, was a Non-Executive Director at Bridgepoint Group plc since July 12, 2021. She has been Chief Executive and Director of ITV plc since joining on January 8, 2018 and also ha...


CEO Compensation Analysis

Compensation vs Market: Dame Carolyn's total compensation ($USD1.51M) is below average for companies of similar size in the UK market ($USD2.18M).

Compensation vs Earnings: Dame Carolyn's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ITV's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: ITV's board of directors are considered experienced (3.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ITV insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

ITV plc's employee growth, exchange listings and data sources


Key Information

  • Name: ITV plc
  • Ticker: ITV
  • Exchange: LSE
  • Founded: 1955
  • Industry: Broadcasting
  • Sector: Media
  • Market Cap: UK£4.388b
  • Shares outstanding: 4.00b
  • Website: https://www.itv.com

Number of Employees


Location

  • ITV plc
  • 2 Waterhouse Square
  • 140 Holborn
  • London
  • Greater London
  • EC1N 2AE
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/26 17:49
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.