NasdaqCM:BOMN

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Excellent balance sheet with weak fundamentals.


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

Stable Share Price: BOMN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.4%

BOMN

-3.6%

US Media

-1.3%

US Market


1 Year Return

-14.3%

BOMN

1.3%

US Media

18.5%

US Market

Return vs Industry: BOMN underperformed the US Media industry which returned 1.3% over the past year.

Return vs Market: BOMN underperformed the US Market which returned 18.5% over the past year.


Shareholder returns

BOMNIndustryMarket
7 Day-2.4%-3.6%-1.3%
30 Day12.4%-2.1%5.3%
90 Day6.6%3.5%7.5%
1 Year-14.3%-14.3%2.8%1.3%21.3%18.5%
3 Year-0.8%-0.8%20.4%15.3%42.4%32.9%
5 Yearn/a46.3%35.7%84.2%63.5%

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?

1.21x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: BOMN ($16.96) is trading above our estimate of fair value ($5.78)

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 US 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's PB Ratio (1.2x) is in line with the US Media industry average.


Next Steps

Future Growth

How is Boston Omaha forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

7.9%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if BOMN's forecast earnings growth is above the savings rate (2.2%).

Earnings vs Market: Insufficient data to determine if BOMN's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BOMN's revenue (7.9% per year) is forecast to grow slower than the US market (10.1% per year).

High Growth Revenue: BOMN's revenue (7.9% 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?

-44.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BOMN is currently unprofitable.

Growing Profit Margin: BOMN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BOMN is unprofitable, and losses have increased over the past 5 years at a rate of 44.9% 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 (-15.7%).


Return on Equity

High ROE: BOMN has a negative Return on Equity (-4.34%), as it is currently unprofitable.


Next Steps

Financial Health

How is Boston Omaha's financial position?


Financial Position Analysis

Short Term Liabilities: BOMN's short term assets ($187.0M) exceed its short term liabilities ($21.4M).

Long Term Liabilities: BOMN's short term assets ($187.0M) exceed its long term liabilities ($65.5M).


Debt to Equity History and Analysis

Debt Level: BOMN's debt to equity ratio (4.7%) is considered satisfactory.

Reducing Debt: BOMN's debt to equity ratio has increased from 2.3% to 4.7% over the past 5 years.


Balance Sheet


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 15.3% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate BOMN'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 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

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

2.3yrs

Average management tenure


CEO

Alex Rozek (41 yo)

5.67yrs

Tenure

US$275,000

Compensation

Mr. Alexander Buffett Rozek, also known as Alex, serves as Co-Chairman, Co-Chief Executive Officer and Co-President at Yellowstone Acquisition Company. Mr. Rozek serves as Managing Member at Boulderado Gro ...


CEO Compensation Analysis

Compensation vs Market: Alex's total compensation ($USD275.00K) is below average for companies of similar size in the US market ($USD1.93M).

Compensation vs Earnings: Alex's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Alexander Rozek
Co-Chairperson5.67yrsUS$275.00k1.03%
$ 4.8m
Adam M. Peterson
Co-Chairperson5.67yrsUS$23.66k0.36%
$ 1.7m
Joshua Weisenburger
CFO, Chief Accounting Officer3.33yrsUS$353.76k0.012%
$ 57.7k
William LaFoy
Interim Chief Executive Officer of Link Media Holdings0.75yrno data0.014%
$ 64.0k
David Herman
President of General Indemnity Group LLC1.17yrsno datano data
Robert Thomas
President of United Casualty and Surety Insurance Company1.17yrsno datano data

2.3yrs

Average Tenure

39.5yo

Average Age

Experienced Management: BOMN's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Alexander Rozek
Co-Chairperson5.67yrsUS$275.00k1.03%
$ 4.8m
Adam M. Peterson
Co-Chairperson5.67yrsUS$23.66k0.36%
$ 1.7m
Vishnu Srinivasan
Independent Director3.33yrsUS$10.00k0.026%
$ 118.7k
Bradford Briner
Independent Director4.5yrsUS$10.00k0.073%
$ 339.2k
Brendan Keating
Director4.67yrsUS$10.00k0.37%
$ 1.7m
Frank Kenan
Independent Director3.33yrsUS$10.00k0.45%
$ 2.1m
Jeffrey Royal
Independent Director1.75yrsUS$10.00k0.018%
$ 84.8k

4.5yrs

Average Tenure

41yo

Average Age

Experienced Board: BOMN's board of directors are considered experienced (4.5 years average tenure).


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 18.3%.


Top Shareholders

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$461.840m
  • Shares outstanding: 27.23m
  • 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
42SDB (Deutsche Boerse AG)YesClass A Common StockDEEURSep 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 Analysis2020/10/22 00:34
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.