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.


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

0.3%

BBGI

0.3%

US Media

0.07%

US Market


1 Year Return

-57.3%

BBGI

20.8%

US Media

8.9%

US Market

Return vs Industry: BBGI underperformed the US Media industry which returned 20.8% over the past year.

Return vs Market: BBGI underperformed the US Market which returned 8.9% over the past year.


Shareholder returns

BBGIIndustryMarket
7 Day0.3%0.3%0.07%
30 Day-4.9%0.2%-0.3%
90 Day-9.3%-0.6%-1.6%
1 Year-54.6%-57.3%22.3%20.8%11.3%8.9%
3 Year-35.8%-41.8%30.6%25.3%46.3%36.8%
5 Year-30.1%-41.6%41.0%29.7%62.1%44.3%

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 compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BBGI ($2.91) is trading below our estimate of fair value ($9.41)

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


Price To Earnings Ratio

PE vs Industry: BBGI is good value based on its PE Ratio (7.7x) compared to the Media industry average (13x).

PE vs Market: BBGI is good value based on its PE Ratio (7.7x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: BBGI is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: BBGI is good value based on its PB Ratio (0.3x) compared to the US Media industry average (1.3x).


Next Steps

Future Growth

How is Beasley Broadcast Group forecast 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 Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BBGI's forecast earnings growth (17.1% per year) is above the savings rate (2.7%).

Earnings vs Market: BBGI's earnings (17.1% per year) are forecast to grow faster than the US market (14.5% per year).

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

Revenue vs Market: BBGI's revenue (1.6% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: BBGI's revenue (1.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BBGI's Return on Equity is forecast to be high in 3 years time


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

Earnings Trend: BBGI's earnings have grown significantly by 38.8% per year over the past 5 years.

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

Earnings vs Industry: BBGI had negative earnings growth (-86.7%) over the past year, making it difficult to compare to the Media industry average (-35.1%).


Return on Equity

High ROE: BBGI's Return on Equity (3.7%) is considered low.


Return on Assets

ROA vs Industry: BBGI's Return on Assets is below or equal to the Media industry average last year.


Return on Capital Employed

ROCE Improving: BBGI's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Beasley Broadcast Group's financial position?


Financial Position Analysis

Short Term Liabilities: BBGI's short term assets ($69.7M) exceeds its short term liabilities ($36.6M)

Long Term Liabilities: BBGI's short term assets (69.7M) do not cover its long term liabilities (408.1M)


Debt to Equity History and Analysis

Debt Level: BBGI's debt to equity ratio (85%) is considered high

Reducing Debt: BBGI's debt to equity ratio has reduced from 106.7% to 85% over the past 5 years.

Debt Coverage: BBGI's debt is not well covered by operating cash flow (10.5%).

Interest Coverage: BBGI's interest payments on its debt are not well covered by EBIT (2.1x coverage).


Balance Sheet

Inventory Level: BBGI has a low level of unsold assets or inventory.

Debt Coverage by Assets: BBGI's 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?

6.87%

Current Dividend Yield


Dividend Yield vs Market

company6.9%marketbottom25%1.4%markettop25%3.7%industryaverage2.0%forecastin3Years6.9%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: BBGI's dividend (6.87%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: BBGI's dividend (6.87%) is in the top 25% of dividend payers in the US market (3.68%)

Stable Dividend: Whilst dividend payments have been stable, BBGI has been paying a dividend for less than 10 years.

Growing Dividend: BBGI's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (53.2%), BBGI's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


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?

3.3yrs

Average management tenure


CEO

Barbara Beasley (56yo)

3.6yrs

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

Compensation vs. Market: Barbara's total compensation ($USD1.82M) is above average for companies of similar size in the US market ($USD509.30K).

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


Management Age and Tenure

3.3yrs

Average Tenure

59yo

Average Age

Experienced Management: BBGI's management team is considered experienced (3.3 years average tenure).


Board Age and Tenure

19.7yrs

Average Tenure

65yo

Average Age

Experienced Board: BBGI's board of directors are seasoned and experienced ( 19.7 years average tenure).


Insider Trading

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


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: 58.8yrs
    • Compensation: US$1.17m
  • Bruce Beasley (61yo)

    President & Director

    • Tenure: 39.8yrs
    • Compensation: US$849.80k
  • Barbara Beasley (56yo)

    CEO & Director

    • Tenure: 3.6yrs
    • Compensation: US$1.82m
  • Brian Beasley (59yo)

    COO & Director

    • Tenure: 37.8yrs
    • Compensation: US$848.54k
  • Heidi Raphael

    Vice President of Corporate Communications

    • Tenure: 1.8yrs
  • Bob McCurdy

    Vice President of Corporate Sales

    • Tenure: 1.6yrs
  • Mike Cooney

    CTO & VP of Engineering

    • Tenure: 12.8yrs
  • Justin Chase

    Executive Vice President of Programming

    • Tenure: 2.9yrs
  • Joyce Fitch

    Executive VP

    • Tenure: 16.8yrs
  • Marie Tedesco (58yo)

    Chief Financial Officer

    • Tenure: 2.8yrs

Board Members

  • George Beasley (87yo)

    Founder & Chairman of the Board

    • Tenure: 58.8yrs
    • Compensation: US$1.17m
  • Allen Shaw (75yo)

    Vice Chairman of the Board

    • Tenure: 18.7yrs
    • Compensation: US$50.00k
  • Bruce Beasley (61yo)

    President & Director

    • Tenure: 39.8yrs
    • Compensation: US$849.80k
  • Barbara Beasley (56yo)

    CEO & Director

    • Tenure: 3.6yrs
    • Compensation: US$1.82m
  • Brian Beasley (59yo)

    COO & Director

    • Tenure: 37.8yrs
    • Compensation: US$848.54k
  • Herbert McCord (76yo)

    Independent Director

    • Tenure: 19.4yrs
    • Compensation: US$60.00k
  • Mark Fowler (77yo)

    Independent Director

    • Tenure: 19.7yrs
    • Compensation: US$55.00k
  • Peter Bordes (56yo)

    Independent Director

    • Tenure: 2.9yrs
    • Compensation: US$50.00k
  • Mike Fiorile (65yo)

    Independent Director

    • Tenure: 1.8yrs
    • 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$81.121m
  • 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 Analysis2019/10/22 23:32
End of Day Share Price2019/10/22 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.