DISH Network
Market Cap
US$18.8b
Last Updated
2020/06/06 03:49 UTC
Data Sources
Company Financials +
Executive Summary
DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -16.2% per year for the next 3 years
Snowflake Analysis
Adequate balance sheet and slightly overvalued.
Similar Companies
Share Price & News
How has DISH Network's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DISH's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
13.2%
DISH
5.5%
US Media
3.8%
US Market
1 Year Return
-3.5%
DISH
3.3%
US Media
9.7%
US Market
Return vs Industry: DISH underperformed the US Media industry which returned 3.3% over the past year.
Return vs Market: DISH underperformed the US Market which returned 9.7% over the past year.
Shareholder returns
| DISH | Industry | Market | |
|---|---|---|---|
| 7 Day | 13.2% | 5.5% | 3.8% |
| 30 Day | 53.4% | 16.1% | 11.4% |
| 90 Day | 22.6% | 5.1% | 6.8% |
| 1 Year | -3.5%-3.5% | 4.8%3.3% | 12.1%9.7% |
| 3 Year | -44.9%-44.9% | 7.1%2.8% | 36.2%27.2% |
| 5 Year | -50.7%-50.7% | 33.4%23.6% | 63.7%45.4% |
Price Volatility Vs. Market
How volatile is DISH Network's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
What Is DISH Network's (NASDAQ:DISH) P/E Ratio After Its Share Price Rocketed?3 days ago | Simply Wall St
Should You Use DISH Network's (NASDAQ:DISH) Statutory Earnings To Analyse It?2 weeks ago | Simply Wall St
How Does DISH Network's (NASDAQ:DISH) P/E Compare To Its Industry, After Its Big Share Price Gain?Valuation
Is DISH Network undervalued compared to its fair value and its price relative to the market?
15.6x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: DISH ($35.82) is trading above our estimate of fair value ($21.5)
Significantly Below Fair Value: DISH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: DISH is poor value based on its PE Ratio (15.6x) compared to the Media industry average (11.5x).
PE vs Market: DISH is good value based on its PE Ratio (15.6x) compared to the US market (16.9x).
Price to Earnings Growth Ratio
PEG Ratio: DISH's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: DISH is good value based on its PB Ratio (1.6x) compared to the US Media industry average (1.6x).
Next Steps
Future Growth
How is DISH Network forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
-16.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DISH's earnings are forecast to decline over the next 3 years (-16.2% per year).
Earnings vs Market: DISH's earnings are forecast to decline over the next 3 years (-16.2% per year).
High Growth Earnings: DISH's earnings are forecast to decline over the next 3 years.
Revenue vs Market: DISH's revenue is expected to decline over the next 3 years (-3.5% per year).
High Growth Revenue: DISH's revenue is forecast to decline over the next 3 years (-3.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DISH's Return on Equity is forecast to be low in 3 years time (6.2%).
Next Steps
Past Performance
How has DISH Network performed over the past 5 years?
9.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DISH has high quality earnings.
Growing Profit Margin: DISH's current net profit margins (8.8%) are lower than last year (11.6%).
Past Earnings Growth Analysis
Earnings Trend: DISH's earnings have grown by 9.5% per year over the past 5 years.
Accelerating Growth: DISH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: DISH had negative earnings growth (-26.7%) over the past year, making it difficult to compare to the Media industry average (6.8%).
Return on Equity
High ROE: DISH's Return on Equity (10.1%) is considered low.
Next Steps
Financial Health
How is DISH Network's financial position?
Financial Position Analysis
Short Term Liabilities: DISH's short term assets ($4.6B) exceed its short term liabilities ($4.6B).
Long Term Liabilities: DISH's short term assets ($4.6B) do not cover its long term liabilities ($16.8B).
Debt to Equity History and Analysis
Debt Level: DISH's debt to equity ratio (113.9%) is considered high.
Reducing Debt: DISH's debt to equity ratio has reduced from 566% to 113.9% over the past 5 years.
Debt Coverage: DISH's debt is well covered by operating cash flow (20.1%).
Interest Coverage: DISH earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is DISH Network's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DISH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DISH'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 DISH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DISH'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 DISH'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?
2.2yrs
Average management tenure
CEO
W. Carlson (49yo)
2.5yrs
Tenure
US$1,007,020
Compensation
Mr. W. Erik Carlson serves as President and Chief Executive Officer at DISH DBS Corporation. Mr. Carlson has been President of DISH Network Corporation since December 11, 2015 and has been its Chief Execut ...
CEO Compensation Analysis
Compensation vs Market: W.'s total compensation ($USD1.01M) is below average for companies of similar size in the US market ($USD11.49M).
Compensation vs Earnings: W.'s compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-founder & Chairman of the Board | 40.42yrs | US$2.36m | 12.52% $2.3b | |
| President & CEO | 2.5yrs | US$1.01m | 0.0027% $503.2k | |
| Executive VP & CFO | 1.83yrs | US$1.65m | 0.00061% $114.5k | |
| Executive VP | 2.5yrs | US$1.02m | 0.00033% $62.0k | |
| Executive VP & Group President of Dish TV | no data | US$1.02m | 0.00041% $77.0k | |
| Co-Founder | 40.42yrs | US$399.15k | 1.02% $190.9m | |
| Senior VP & CTO | 0.92yr | no data | no data | |
| Senior VP & Chief Information Officer | 1.58yrs | no data | no data | |
| Investor Relations Contact & Treasurer | no data | no data | 0.0038% $713.5k | |
| Senior VP | no data | no data | no data |
2.2yrs
Average Tenure
51.5yo
Average Age
Experienced Management: DISH's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-founder & Chairman of the Board | 40.42yrs | US$2.36m | 12.52% $2.3b | |
| Co-Founder | 40.42yrs | US$399.15k | 1.02% $190.9m | |
| Senior Advisor & Director | 15.08yrs | US$3.21m | 0.0084% $1.6m | |
| Senior Advisor & Director | 19.08yrs | no data | 0.42% $79.7m | |
| Independent Director | 5.75yrs | US$106.39k | no data | |
| Independent Director | 15.08yrs | US$106.87k | 0.015% $2.8m | |
| Independent Director | 1.25yrs | US$142.65k | no data | |
| Independent Director | 6.67yrs | US$167.39k | no data | |
| Independent Director | 0.67yr | US$16.50k | no data |
15.1yrs
Average Tenure
62yo
Average Age
Experienced Board: DISH's board of directors are seasoned and experienced ( 15.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: DISH insiders have only sold shares 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 11.7%.
Top Shareholders
Company Information
DISH Network Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: DISH Network Corporation
- Ticker: DISH
- Exchange: NasdaqGS
- Founded: 1980
- Industry: Cable and Satellite
- Sector: Media
- Market Cap: US$18.775b
- Shares outstanding: 524.16m
- Website: https://www.dish.com
Number of Employees
Location
- DISH Network Corporation
- 9601 South Meridian Boulevard
- Englewood
- Colorado
- 80112
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EOR | SEAQ (SEAQ International) | Yes | Class A Common Stock | GB | GBP | Jun 1995 |
| DISH | NasdaqGS (Nasdaq Global Select) | Yes | Class A Common Stock | US | USD | Jun 1995 |
| EOT | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Jun 1995 |
| DISH * | BMV (Bolsa Mexicana de Valores) | Yes | Class A Common Stock | MX | MXN | Jun 1995 |
| DISH | WBAG (Wiener Boerse AG) | Yes | Class A Common Stock | AT | EUR | Jun 1995 |
| 0IBG | LSE (London Stock Exchange) | Yes | Class A Common Stock | GB | USD | Jun 1995 |
| D1IS34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH REPR 1 COM | BR | BRL | Dec 2019 |
Biography
DISH Network Corporation, together with its subsidiaries, provides pay-TV services in the United States. The company operates in two segments, Pay-TV and Wireless. It offers video services under the DISH TV brand; and programming packages that include programming through national broadcast networks, local broadcast networks, and national and regional cable networks, as well as regional and specialty sports channels, premium movie channels, and Latino and international programming packages. The company also provides access to movies and TV shows through TV or Internet-connected tablets, smartphones, and computers; and dishanywhere.com and mobile applications for smartphones and tablets to view authorized content, search program listings, and remotely control certain features. In addition, it offers Sling TV services, including Sling International, Sling Latino, Sling Orange, and Sling Blue services that require an Internet connection and are available on streaming-capable devices, such as TVs, tablets, computers, game consoles, and smart phones primarily to consumers who do not subscribe to traditional satellite and cable pay-TV services. As of December 31, 2019, it had 11.986 million Pay-TV subscribers. The company offers receiver systems and programming through direct sales channels, small satellite retailers, direct marketing groups, local and regional consumer electronics stores, retailers, and telecommunications companies. DISH Network Corporation was founded in 1980 and is headquartered in Englewood, Colorado.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/06 03:49 |
| End of Day Share Price | 2020/06/05 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.