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Market Cap

US$2.7b

Last Updated

2021/04/16 23:00 UTC

Data Sources

Company Financials +

Executive Summary

AMC Networks Inc., an entertainment company, owns and operates a suite of video entertainment products that are delivered to audiences and a platform to distributors and advertisers in the United States and internationally. More Details


Snowflake Analysis

Good value with adequate balance sheet.


Similar Companies

Share Price & News

How has AMC Networks's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AMCX is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: AMCX's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

2.4%

AMCX

2.0%

US Media

1.3%

US Market


1 Year Return

116.9%

AMCX

48.6%

US Media

53.9%

US Market

Return vs Industry: AMCX exceeded the US Media industry which returned 49.4% over the past year.

Return vs Market: AMCX exceeded the US Market which returned 57.5% over the past year.


Shareholder returns

AMCXIndustryMarket
7 Day2.4%2.0%1.3%
30 Day-27.2%-10.3%3.3%
90 Day25.7%9.9%8.9%
1 Year116.9%116.9%50.3%48.6%56.6%53.9%
3 Year2.4%2.4%62.1%55.4%64.4%53.6%
5 Year-20.3%-20.3%79.8%67.1%120.4%95.7%

Long-Term Price Volatility Vs. Market

How volatile is AMC Networks's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

46.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AMCX ($51.64) is trading below our estimate of fair value ($98.25)

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


Price To Earnings Ratio

PE vs Industry: AMCX is good value based on its PE Ratio (11x) compared to the US Media industry average (23.5x).

PE vs Market: AMCX is good value based on its PE Ratio (11x) compared to the US market (22.3x).


Price to Earnings Growth Ratio

PEG Ratio: AMCX is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: AMCX is overvalued based on its PB Ratio (3.5x) compared to the US Media industry average (2.2x).


Future Growth

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

5.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMCX's forecast earnings growth (5.9% per year) is above the savings rate (2%).

Earnings vs Market: AMCX's earnings (5.9% per year) are forecast to grow slower than the US market (18.4% per year).

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

Revenue vs Market: AMCX's revenue (2.1% per year) is forecast to grow slower than the US market (9.4% per year).

High Growth Revenue: AMCX's revenue (2.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AMCX's Return on Equity is forecast to be high in 3 years time (22.7%)


Past Performance

How has AMC Networks performed over the past 5 years?

-3.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AMCX has a large one-off loss of $190.8M impacting its December 31 2020 financial results.

Growing Profit Margin: AMCX's current net profit margins (8.5%) are lower than last year (12.4%).


Past Earnings Growth Analysis

Earnings Trend: AMCX's earnings have declined by 3.6% per year over the past 5 years.

Accelerating Growth: AMCX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: AMCX had negative earnings growth (-36.8%) over the past year, making it difficult to compare to the Media industry average (-13.9%).


Return on Equity

High ROE: Whilst AMCX's Return on Equity (26.8%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is AMC Networks's financial position?


Financial Position Analysis

Short Term Liabilities: AMCX's short term assets ($1.9B) exceed its short term liabilities ($878.5M).

Long Term Liabilities: AMCX's short term assets ($1.9B) do not cover its long term liabilities ($3.4B).


Debt to Equity History and Analysis

Debt Level: AMCX's debt to equity ratio (297.2%) is considered high.

Reducing Debt: AMCX's debt to equity ratio has reduced from 1301.1% to 297.2% over the past 5 years.

Debt Coverage: AMCX's debt is well covered by operating cash flow (26.3%).

Interest Coverage: AMCX's interest payments on its debt are well covered by EBIT (6.5x coverage).


Balance Sheet


Dividend

What is AMC Networks's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate AMCX'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 AMCX's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

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

4.7yrs

Average management tenure


CEO

Josh Sapan (69 yo)

10.08yrs

Tenure

US$20,196,317

Compensation

Mr. Joshua W. Sapan, also known as Josh, has been President and Chief Executive Officer of AMC Networks Inc. (“AMC”) since March 09, 2011. He is lauded by Fast Company magazine as one of the “100 Most Crea...


CEO Compensation Analysis

Compensation vs Market: Josh's total compensation ($USD20.20M) is above average for companies of similar size in the US market ($USD5.19M).

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


Leadership Team

Experienced Management: AMCX's management team is considered experienced (4.7 years average tenure).


Board Members

Experienced Board: AMCX's board of directors are considered experienced (9.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: AMCX insiders have only sold shares 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

AMC Networks Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AMC Networks Inc.
  • Ticker: AMCX
  • Exchange: NasdaqGS
  • Founded: 1980
  • Industry: Broadcasting
  • Sector: Media
  • Market Cap: US$2.697b
  • Shares outstanding: 41.46m
  • Website: https://www.amcnetworks.com

Number of Employees


Location

  • AMC Networks Inc.
  • 11 Penn Plaza
  • New York
  • New York
  • 10001
  • United States

Listings


Biography

AMC Networks Inc., an entertainment company, owns and operates a suite of video entertainment products that are delivered to audiences and a platform to distributors and advertisers in the United States an...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/16 23:00
End of Day Share Price2021/04/16 00:00
Earnings2020/12/31
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.