Emmis Communications Corporation, a diversified media company, engages in the radio broadcasting activities in the United States.
Mediocre balance sheet and overvalued.
Share Price & News
How has Emmis Communications's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EMMS's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: EMMS underperformed the US Media industry which returned 17.4% over the past year.
Return vs Market: EMMS underperformed the US Market which returned 17.8% over the past year.
Price Volatility Vs. Market
How volatile is Emmis Communications's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StEmmis Communications Corporation (NASDAQ:EMMS): What Does Its Beta Value Mean For Your Portfolio?
2 months ago | Simply Wall StShould You Use Emmis Communications's (NASDAQ:EMMS) Statutory Earnings To Analyse It?
2 months ago | Simply Wall StIs Emmis Communications Corporation (NASDAQ:EMMS) Overpaying Its CEO?
Is Emmis Communications undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate EMMS's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate EMMS's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: EMMS is unprofitable, so we can't compare its PE Ratio to the Media industry average.
PE vs Market: EMMS 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 EMMS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: EMMS is good value based on its PB Ratio (0.4x) compared to the US Media industry average (1.3x).
How is Emmis Communications forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Media industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Emmis Communications has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Emmis Communications performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EMMS is currently unprofitable.
Growing Profit Margin: EMMS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: EMMS is unprofitable, but has reduced losses over the past 5 years at a rate of 47.6% per year.
Accelerating Growth: Unable to compare EMMS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: EMMS is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (1%).
Return on Equity
High ROE: EMMS has a negative Return on Equity (0.79%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Emmis Communications's financial position?
Financial Position Analysis
Short Term Liabilities: EMMS's short term assets ($130.8M) exceed its short term liabilities ($41.3M).
Long Term Liabilities: EMMS's short term assets ($130.8M) exceed its long term liabilities ($85.6M).
Debt to Equity History and Analysis
Debt Level: EMMS's debt to equity ratio (55.4%) is considered high.
Reducing Debt: EMMS's debt to equity ratio has reduced from 281.8% to 55.4% over the past 5 years.
Inventory Level: EMMS has a low level of unsold assets or inventory.
Debt Coverage by Assets: EMMS's debt is covered by short term assets (assets are 2.1x debt).
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: EMMS has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: EMMS has been profitable on average in the past, therefore cash runway is not a concern.
What is Emmis Communications's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate EMMS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate EMMS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if EMMS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if EMMS'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 EMMS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Smulyan (72yo)
Mr. Jeffrey H. Smulyan, also known as Jeff, J.D., serves as an Operating Partner at Catalyst Investors. Mr. Smulyan founded Emmis Communications Corporation in 1979 and has been its Executive Chairman and ...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD2.56M) is above average for companies of similar size in the US market ($USD521.92K).
Compensation vs Earnings: Jeff's compensation has increased whilst the company is unprofitable.
|Chairman of the Board||39.1yrs||US$2.56m||9.46% $4.8m|
|Executive VP||4.5yrs||US$737.14k||0.74% $374.6k|
|Media & Investor Relations Contact||0yrs||no data||no data|
|Executive VP||10.9yrs||US$592.97k||0.51% $258.7k|
|Senior Vice President of Strategy & Corporate Development||0.7yrs||no data||no data|
|Senior Vice President of Human Resources||0yrs||no data||no data|
|New York Market Manager & Senior VP||2.3yrs||no data||no data|
|President of Publishing Division & Chief Strategy Officer||9.9yrs||US$677.73k||0.87% $441.4k|
|Indianapolis Monthly Publisher & President||2.3yrs||no data||no data|
Experienced Management: EMMS's management team is considered experienced (4.5 years average tenure).
|Chairman of the Board||39.1yrs||US$2.56m||9.46% $4.8m|
|Independent Director||27.1yrs||US$109.82k||1.04% $528.1k|
|Independent Director||22.1yrs||US$99.82k||1.17% $589.2k|
|Independent Director||7.3yrs||US$119.82k||0.19% $96.9k|
|Independent Director||18.1yrs||US$114.82k||1.03% $520.8k|
|Lead Director||8.9yrs||US$122.82k||0.69% $347.2k|
|Independent Director||26.1yrs||US$112.82k||0.27% $137.5k|
Experienced Board: EMMS's board of directors are seasoned and experienced ( 22.1 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.
Emmis Communications Corporation's company bio, employee growth, exchange listings and data sources
- Name: Emmis Communications Corporation
- Ticker: EMMS
- Exchange: NasdaqGS
- Founded: 1981
- Industry: Broadcasting
- Sector: Media
- Market Cap: US$50.550m
- Shares outstanding: 13.30m
- Website: https://www.emmis.com
Number of Employees
- Emmis Communications Corporation
- One Emmis Plaza
- Suite 700
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EMMS||NasdaqGS (Nasdaq Global Select)||Yes||Class A Common Stock||US||USD||Feb 1994|
|EC21||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Feb 1994|
Emmis Communications Corporation, a diversified media company, engages in the radio broadcasting activities in the United States. It operates 11 FM and 3 AM radio stations in New York, Indianapolis, and Austin, as well as publishes Indianapolis monthly magazine. The company also develops and licenses TagStation; NextRadio, a smartphone application that marries over-the-air FM radio broadcasts with visual and interactive features on smartphones; and DialReport, a data attribution platform for the radio industry, as well as offers dynamic pricing solutions. Emmis Communications Corporation was founded in 1981 and is headquartered in Indianapolis, Indiana.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 00:01|
|End of Day Share Price||2020/02/21 00:00|
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.