AMC Networks Inc. owns and operates various cable television’s brands delivering content to audiences, and a platform to distributors and advertisers in the United States and internationally.
Undervalued with mediocre balance sheet.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AMCX underperformed the US Media industry which returned -10.7% over the past year.
Return vs Market: AMCX underperformed the US Market which returned 6.1% over the past year.
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
4 days ago | Simply Wall StBenign Growth For AMC Networks Inc. (NASDAQ:AMCX) Underpins Its Share Price
5 days ago | Simply Wall StWe Think AMC Networks (NASDAQ:AMCX) Is Taking Some Risk With Its Debt
3 weeks ago | Simply Wall StAMC Networks Inc. (NASDAQ:AMCX) Earns A Nice Return On Capital Employed
Is AMC Networks 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: AMCX ($24.35) is trading below our estimate of fair value ($52.55)
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 (4.5x) compared to the US Media industry average (10.4x).
PE vs Market: AMCX is good value based on its PE Ratio (4.5x) compared to the US market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: AMCX is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: AMCX is overvalued based on its PB Ratio (2.1x) compared to the US Media industry average (1.4x).
How is AMC Networks forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AMCX's forecast earnings growth (6.1% per year) is above the savings rate (2.2%).
Earnings vs Market: AMCX's earnings (6.1% per year) are forecast to grow slower than the US market (22.8% per year).
High Growth Earnings: AMCX's earnings are forecast to grow, but not significantly.
Revenue vs Market: AMCX's revenue (2.3% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: AMCX's revenue (2.3% 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 (22.1%)
How has AMC Networks performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AMCX has a large one-off loss of $213.8M impacting its March 31 2020 financial results.
Growing Profit Margin: AMCX's current net profit margins (10.2%) are lower than last year (14.4%).
Past Earnings Growth Analysis
Earnings Trend: AMCX's earnings have grown by 6.2% 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 (-29.4%) over the past year, making it difficult to compare to the Media industry average (6.6%).
Return on Equity
High ROE: Whilst AMCX's Return on Equity (34.87%) is high, this metric is skewed due to their high level of debt.
How is AMC Networks's financial position?
Financial Position Analysis
Short Term Liabilities: AMCX's short term assets ($1.7B) exceed its short term liabilities ($804.8M).
Long Term Liabilities: AMCX's short term assets ($1.7B) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: AMCX's debt to equity ratio (305%) is considered high.
Reducing Debt: AMCX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: AMCX's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: AMCX's interest payments on its debt are well covered by EBIT (5.7x coverage).
What is AMC Networks's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AMCX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AMCX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AMCX's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AMCX's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AMCX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Josh Sapan (69yo)
Mr. Joshua W. Sapan has been President and Chief Executive Officer of AMC Networks Inc. (“AMC”) since March 09, 2011. He is lauded by Fast Company magazine as one of the “100 Most Creative People in Busine ...
CEO Compensation Analysis
Compensation vs Market: Josh's total compensation ($USD20.20M) is above average for companies of similar size in the US market ($USD4.76M).
Compensation vs Earnings: Josh's compensation has been consistent with company performance over the past year.
|Executive Chairman of the Board||9.08yrs||US$2.75m||9.56% $121.1m|
|President & CEO||9.33yrs||US$20.20m||0.88% $11.2m|
|Executive VP & CFO||9.08yrs||US$5.10m||0.13% $1.7m|
|Chief Operating Officer||11.5yrs||US$8.41m||0.21% $2.7m|
|Executive VP & General Counsel||9.08yrs||US$3.16m||0.059% $747.6k|
|Chief Accounting Officer & Executive VP||3.92yrs||no data||0.011% $133.8k|
|Senior VP & Chief Information Officer||2.5yrs||no data||no data|
|Senior Vice President of Investor Relations||no data||no data||no data|
|Senior VP of Corporate||no data||no data||no data|
|President of Marketing - AMC Network Entertainment Group||0.50yr||no data||no data|
Experienced Management: AMCX's management team is seasoned and experienced (9.1 years average tenure).
|Executive Chairman of the Board||9.08yrs||US$2.75m||9.56% $121.1m|
|Independent Director||9.08yrs||US$269.80k||0.015% $193.5k|
|Independent Director||7.08yrs||US$250.30k||no data|
Experienced Board: AMCX's board of directors are considered experienced (9.1 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AMC Networks Inc.'s company bio, employee growth, exchange listings and data sources
- Name: AMC Networks Inc.
- Ticker: AMCX
- Exchange: NasdaqGS
- Founded: 1980
- Industry: Broadcasting
- Sector: Media
- Market Cap: US$1.267b
- Shares outstanding: 52.04m
- Website: https://www.amcnetworks.com
Number of Employees
- AMC Networks Inc.
- 11 Penn Plaza
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|AMCX||NasdaqGS (Nasdaq Global Select)||Yes||New Class A Common Stock||US||USD||Jun 2011|
|9AC||DB (Deutsche Boerse AG)||Yes||New Class A Common Stock||DE||EUR||Jun 2011|
AMC Networks Inc. owns and operates various cable television’s brands delivering content to audiences, and a platform to distributors and advertisers in the United States and internationally. The company operates in two segments, National Networks; and International and Other. The National Networks segment operates five distributed entertainment programming networks under the AMC, WE tv, BBC AMERICA, IFC, and SundanceTV names in high definition and standard definition formats. This segment distributes its networks in the United States through cable and other multichannel video programming distribution platforms, such as direct broadcast satellite and platforms operated by telecommunications providers. The International and Other segment delivers entertaining and acclaimed programming services for subscribers in approximately 130 countries and territories. This segment also operates in independent film distribution business that distributes films across various media platforms, including theaters, cable/satellite video on demand, cable network television, streaming/downloading to internet-connected screens, and DVDs. The company also provides subscription streaming and talent management services. AMC Networks Inc. was founded in 1980 and is headquartered in New York, New York.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/10 23:56|
|End of Day Share Price||2020/07/10 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.