NasdaqGM:BBGI

Stock Analysis Report

Beasley Broadcast Group

Executive Summary

Beasley Broadcast Group, Inc., a radio broadcasting company, operates radio stations in the United States.

Snowflake

Fundamentals

Very undervalued second-rate dividend payer.

Risks

  • Beasley Broadcast Group is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Beasley Broadcast Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.9%

NasdaqGM:BBGI

2.3%

US Media

2.1%

US Market


1 Year Return

-52.4%

NasdaqGM:BBGI

15.2%

US Media

-0.04%

US Market

BBGI underperformed the Media industry which returned 15.7% over the past year.

BBGI underperformed the Market in United States of America which returned 0.2% over the past year.


Share holder returns

BBGIIndustryMarket
7 Day1.9%2.3%2.1%
30 Day1.9%-4.4%-3.2%
90 Day-11.8%1.0%2.8%
1 Year-49.9%-52.4%16.7%15.2%2.2%-0.04%
3 Year-28.4%-34.6%25.5%20.2%41.5%32.3%
5 Year-37.6%-47.5%31.1%20.8%55.0%37.8%

Price Volatility Vs. Market

How volatile is Beasley Broadcast Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Beasley Broadcast Group undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Beasley Broadcast Group's share price is below the future cash flow value, and at a moderate discount (> 20%).

Beasley Broadcast Group's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Beasley Broadcast Group is good value based on earnings compared to the US Media industry average.

Beasley Broadcast Group is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Beasley Broadcast Group is good value based on expected growth next year.


Price Based on Value of Assets

Beasley Broadcast Group is good value based on assets compared to the US Media industry average.


Next Steps

Future Growth

How is Beasley Broadcast Group expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

17.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Beasley Broadcast Group's revenue is expected to grow by 1.6% yearly, however this is not considered high growth (20% yearly).

Beasley Broadcast Group's earnings are expected to grow by 17.1% yearly, however this is not considered high growth (20% yearly).

Beasley Broadcast Group's revenue growth is positive but not above the United States of America market average.

Beasley Broadcast Group's earnings growth is expected to exceed the United States of America market average.

Beasley Broadcast Group's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Beasley Broadcast Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Beasley Broadcast Group performed over the past 5 years?

38.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Beasley Broadcast Group has delivered over 20% year on year earnings growth in the past 5 years.

Beasley Broadcast Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Beasley Broadcast Group's 1-year earnings growth is negative, it can't be compared to the US Media industry average.


Return on Equity

Beasley Broadcast Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Beasley Broadcast Group used its assets less efficiently than the US Media industry average last year based on Return on Assets.


Return on Capital Employed

Beasley Broadcast Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Beasley Broadcast Group's financial position?


Financial Position Analysis

Beasley Broadcast Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Beasley Broadcast Group's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Beasley Broadcast Group's level of debt (85%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (106.7% vs 85% today).

Debt is not well covered by operating cash flow (10.5%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 2.1x annual interest expense, ideally 3x coverage).


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are 0.3x debt.


Next Steps

Dividend

What is Beasley Broadcast Group's current dividend yield, its reliability and sustainability?

6.23%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Beasley Broadcast Group's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Beasley Broadcast Group's dividend is above the markets top 25% of dividend payers in United States of America (3.84%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

No dividend growth in 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.9x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Beasley Broadcast Group's salary, the management and board of directors tenure and is there insider trading?

3.1yrs

Average management tenure


CEO

Barbara Beasley (56yo)

3.4yrs

Tenure

US$1,823,520

Compensation

Ms. Barbara Caroline Beasley serves as the Chief Executive Officer of the Naples, Florida based Beasley Broadcast Group, Inc. since January 1, 2017, previously serving as Interim Chief Executive Officer fr ...


CEO Compensation Analysis

Barbara's remuneration is higher than average for companies of similar size in United States of America.

Barbara's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.1yrs

Average Tenure

59yo

Average Age

The tenure for the Beasley Broadcast Group management team is about average.


Board Age and Tenure

19.5yrs

Average Tenure

65yo

Average Age

The average tenure for the Beasley Broadcast Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

More shares have been bought than sold by Beasley Broadcast Group individual insiders in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

BuyUS$29,14507 Aug 19
Mark Fowler
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares8,700
Max PriceUS$3.35
BuyUS$25,65020 May 19
George Beasley
EntityIndividual
Role
Chairman of the Board
Founder & Chairman of the Board
Shares6,750
Max PriceUS$3.80
BuyUS$18,75010 May 19
Barbara Beasley
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares5,000
Max PriceUS$3.75
BuyUS$32,69009 May 19
Mark Fowler
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares8,500
Max PriceUS$3.86

Ownership Breakdown


Management Team

  • George Beasley (87yo)

    Founder & Chairman of the Board

    • Tenure: 58.6yrs
    • Compensation: US$1.17m
  • Bruce Beasley (61yo)

    President & Director

    • Tenure: 39.6yrs
    • Compensation: US$849.80k
  • Barbara Beasley (56yo)

    CEO & Director

    • Tenure: 3.4yrs
    • Compensation: US$1.82m
  • Brian Beasley (59yo)

    COO & Director

    • Tenure: 37.6yrs
    • Compensation: US$848.54k
  • Heidi Raphael

    Vice President of Corporate Communications

    • Tenure: 1.6yrs
  • Bob McCurdy

    Vice President of Corporate Sales

    • Tenure: 1.4yrs
  • Mike Cooney

    CTO & VP of Engineering

    • Tenure: 12.6yrs
  • Justin Chase

    Executive Vice President of Programming

    • Tenure: 2.8yrs
  • Joyce Fitch

    Executive VP

    • Tenure: 16.6yrs
  • Marie Tedesco (58yo)

    Chief Financial Officer

    • Tenure: 2.6yrs

Board Members

  • George Beasley (87yo)

    Founder & Chairman of the Board

    • Tenure: 58.6yrs
    • Compensation: US$1.17m
  • Allen Shaw (75yo)

    Vice Chairman of the Board

    • Tenure: 18.5yrs
    • Compensation: US$50.00k
  • Bruce Beasley (61yo)

    President & Director

    • Tenure: 39.6yrs
    • Compensation: US$849.80k
  • Barbara Beasley (56yo)

    CEO & Director

    • Tenure: 3.4yrs
    • Compensation: US$1.82m
  • Brian Beasley (59yo)

    COO & Director

    • Tenure: 37.6yrs
    • Compensation: US$848.54k
  • Herbert McCord (76yo)

    Independent Director

    • Tenure: 19.3yrs
    • Compensation: US$60.00k
  • Mark Fowler (77yo)

    Independent Director

    • Tenure: 19.5yrs
    • Compensation: US$55.00k
  • Peter Bordes (56yo)

    Independent Director

    • Tenure: 2.8yrs
    • Compensation: US$50.00k
  • Mike Fiorile (65yo)

    Director

    • Tenure: 1.6yrs
    • Compensation: US$90.00k

Company Information

Beasley Broadcast Group, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Beasley Broadcast Group, Inc.
  • Ticker: BBGI
  • Exchange: NasdaqGM
  • Founded: 1961
  • Industry: Broadcasting
  • Sector: Media
  • Market Cap: US$89.484m
  • Shares outstanding: 27.88m
  • Website: https://www.bbgi.com

Number of Employees


Location

  • Beasley Broadcast Group, Inc.
  • 3033 Riviera Drive
  • Suite 200
  • Naples
  • Florida
  • 34103
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BBGINasdaqGM (Nasdaq Global Market)YesClass A Common StockUSUSDFeb 2000
BZSDB (Deutsche Boerse AG)YesClass A Common StockDEEURFeb 2000

Biography

Beasley Broadcast Group, Inc., a radio broadcasting company, operates radio stations in the United States. As of February 11, 2019, it owned and operated 64 stations, including 46 FM and 18 AM stations in  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 23:33
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.