NasdaqCM:BOMN

Stock Analysis Report

Executive Summary

Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States.

Snowflake

Fundamentals

Flawless balance sheet with concerning outlook.


Similar Companies

Share Price & News

How has Boston Omaha's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.6%

BOMN

1.6%

US Media

0.4%

US Market


1 Year Return

-32.5%

BOMN

16.4%

US Media

6.9%

US Market

Return vs Industry: BOMN underperformed the US Media industry which returned 16.4% over the past year.

Return vs Market: BOMN underperformed the US Market which returned 6.9% over the past year.


Shareholder returns

BOMNIndustryMarket
7 Day2.6%1.6%0.4%
30 Day-2.1%-0.3%-1.1%
90 Day-11.9%-0.03%-0.5%
1 Year-32.5%-32.5%17.9%16.4%9.3%6.9%
3 Yearn/a30.2%25.0%45.8%36.4%
5 Yearn/a41.5%30.2%62.9%45.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.39x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: BOMN ($19.85) is trading above our estimate of fair value ($7.18)

Significantly Below Fair Value: BOMN is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BOMN is unprofitable, so we can't compare its PE Ratio to the Media industry average.

PE vs Market: BOMN is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BOMN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BOMN is overvalued based on its PB Ratio (1.4x) compared to the US Media industry average (1.3x).


Next Steps

Future Growth

How is Boston Omaha forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

36.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BOMN is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: BOMN is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: BOMN is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: BOMN's revenue (17.6% per year) is forecast to grow faster than the US market (7.2% per year).

High Growth Revenue: BOMN's revenue (17.6% 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 BOMN's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Boston Omaha performed over the past 5 years?

-57.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BOMN is unprofitable, and losses have increased over the past 5 years at a rate of -57.8% per year.

Accelerating Growth: Unable to compare BOMN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BOMN is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (-35.1%).


Return on Equity

High ROE: BOMN has a negative Return on Equity (-3.58%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: BOMN is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: BOMN is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Boston Omaha's financial position?


Financial Position Analysis

Short Term Liabilities: BOMN's short term assets ($121.1M) exceeds its short term liabilities ($18.2M)

Long Term Liabilities: BOMN's short term assets (121.1M) exceeds its long term liabilities (47.4M)


Debt to Equity History and Analysis

Debt Level: BOMN is debt free.

Reducing Debt: BOMN currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet

Inventory Level: BOMN has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if BOMN's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable BOMN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: BOMN is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.6% per year.


Next Steps

Dividend

What is Boston Omaha's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage2.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

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

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

Growing Dividend: Insufficient data to determine if BOMN'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 BOMN's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Boston Omaha's salary, the management and board of directors tenure and is there insider trading?

3.4yrs

Average management tenure


CEO

Alex Rozek (40yo)

4.7yrs

Tenure

US$23,660

Compensation

Mr. Alexander Buffett Rozek, also known as Alex, has been Co-Chairperson, Co-Chief Executive Officer and Co-President of Boston Omaha Corporation since February 12, 2015 and has been its Director since 201 ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Alex's total compensation is reasonable compared to companies of similar size in the US market.

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


Management Age and Tenure

3.4yrs

Average Tenure

38.5yo

Average Age

Experienced Management: BOMN's management team is considered experienced (3.4 years average tenure).


Board Age and Tenure

3.5yrs

Average Tenure

40yo

Average Age

Experienced Board: BOMN's board of directors are considered experienced (3.5 years average tenure).


Insider Trading

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


Recent Insider Transactions

BuyUS$113,00026 Aug 19
Brendan Keating
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,650
Max PriceUS$20.00
BuyUS$8,48819 Nov 18
Michael Scholl
EntityIndividual
Shares350
Max PriceUS$24.25

Ownership Breakdown


Management Team

  • Jim McLaughlin (69yo)

    President & CEO of Link Media Holdings LLC

    • Tenure: 2.6yrs
    • Compensation: US$258.33k
  • Alex Rozek (40yo)

    Co-Chairperson

    • Tenure: 4.7yrs
    • Compensation: US$23.66k
  • Adam M. Peterson (37yo)

    Co-Chairperson

    • Tenure: 4.7yrs
    • Compensation: US$23.66k
  • Josh Weisenburger (36yo)

    CFO, Chief Accounting Officer

    • Tenure: 2.3yrs
    • Compensation: US$308.00k

Board Members

  • Vishnu Srinivasan (40yo)

    Director

    • Tenure: 2.3yrs
    • Compensation: US$5.00k
  • Brad Briner (42yo)

    Director

    • Tenure: 3.5yrs
    • Compensation: US$5.00k
  • Alex Rozek (40yo)

    Co-Chairperson

    • Tenure: 4.7yrs
    • Compensation: US$23.66k
  • Adam M. Peterson (37yo)

    Co-Chairperson

    • Tenure: 4.7yrs
    • Compensation: US$23.66k
  • Brendan Keating (37yo)

    Director

    • Tenure: 3.7yrs
    • Compensation: US$5.00k
  • Frank Kenan (37yo)

    Director

    • Tenure: 2.3yrs
    • Compensation: US$5.00k
  • Jeff Royal (42yo)

    Director

    • Tenure: 0.8yrs

Company Information

Boston Omaha Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Boston Omaha Corporation
  • Ticker: BOMN
  • Exchange: NasdaqCM
  • Founded: 2009
  • Industry: Advertising
  • Sector: Media
  • Market Cap: US$456.741m
  • Shares outstanding: 23.01m
  • Website: https://www.bostonomaha.com

Number of Employees


Location

  • Boston Omaha Corporation
  • 1411 Harney Street
  • Suite 200
  • Omaha
  • Nebraska
  • 68102
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BOMNNasdaqCM (Nasdaq Capital Market)YesClass A Common StockUSUSDSep 2016

Biography

Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. The company is also involved in the surety insurance and rela ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 00:44
End of Day Share Price2019/10/18 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.