Sirius XM Holdings
Market Cap
US$25.5b
Last Updated
2020/05/31 05:49 UTC
Data Sources
Company Financials +
Executive Summary
Sirius XM Holdings Inc. provides satellite radio services on a subscription fee basis in the United States.
Rewards
Risk Analysis
Snowflake Analysis
Questionable track record with imperfect balance sheet.
Similar Companies
Share Price & News
How has Sirius XM Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SIRI has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
9.7%
SIRI
4.5%
US Media
3.0%
US Market
1 Year Return
9.6%
SIRI
-0.8%
US Media
9.9%
US Market
Return vs Industry: SIRI exceeded the US Media industry which returned -0.8% over the past year.
Return vs Market: SIRI matched the US Market which returned 9.5% over the past year.
Shareholder returns
| SIRI | Industry | Market | |
|---|---|---|---|
| 7 Day | 9.7% | 4.5% | 3.0% |
| 30 Day | 0.3% | 8.4% | 8.2% |
| 90 Day | -11.1% | -4.4% | 0.4% |
| 1 Year | 10.5%9.6% | 0.7%-0.8% | 12.4%9.9% |
| 3 Year | 8.6%6.1% | -2.0%-5.9% | 31.0%22.3% |
| 5 Year | 54.5%50.0% | 18.8%9.6% | 58.1%40.3% |
Price Volatility Vs. Market
How volatile is Sirius XM Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Sirius XM Holdings Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next1 month ago | Simply Wall St
Can You Imagine How Sirius XM Holdings' (NASDAQ:SIRI) Shareholders Feel About The 34% Share Price Increase?2 months ago | Simply Wall St
How Does Sirius XM Holdings's (NASDAQ:SIRI) P/E Compare To Its Industry, After The Share Price Drop?Valuation
Is Sirius XM Holdings undervalued compared to its fair value and its price relative to the market?
13.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SIRI ($5.82) is trading below our estimate of fair value ($6.75)
Significantly Below Fair Value: SIRI is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SIRI is poor value based on its PE Ratio (24.8x) compared to the Media industry average (11.3x).
PE vs Market: SIRI is poor value based on its PE Ratio (24.8x) compared to the US market (15.8x).
Price to Earnings Growth Ratio
PEG Ratio: SIRI is poor value based on its PEG Ratio (2.5x)
Price to Book Ratio
PB vs Industry: SIRI has negative assets, so we can't compare its PB Ratio to the US Media industry average.
Next Steps
Future Growth
How is Sirius XM Holdings forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
10.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SIRI's forecast earnings growth (10.1% per year) is above the savings rate (2.2%).
Earnings vs Market: SIRI's earnings (10.1% per year) are forecast to grow slower than the US market (22% per year).
High Growth Earnings: SIRI's earnings are forecast to grow, but not significantly.
Revenue vs Market: SIRI's revenue (4.4% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: SIRI's revenue (4.4% 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 SIRI's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Sirius XM Holdings performed over the past 5 years?
14.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SIRI has high quality earnings.
Growing Profit Margin: SIRI's current net profit margins (13.1%) are lower than last year (17.1%).
Past Earnings Growth Analysis
Earnings Trend: SIRI's earnings have grown by 14.9% per year over the past 5 years.
Accelerating Growth: SIRI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SIRI had negative earnings growth (-0.4%) over the past year, making it difficult to compare to the Media industry average (6.8%).
Return on Equity
High ROE: SIRI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Next Steps
Financial Health
How is Sirius XM Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: SIRI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SIRI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SIRI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SIRI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: SIRI's debt is well covered by operating cash flow (26%).
Interest Coverage: SIRI's interest payments on its debt are well covered by EBIT (4.6x coverage).
Balance Sheet
Next Steps
Dividend
What is Sirius XM Holdings's current dividend yield, its reliability and sustainability?
0.91%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SIRI's dividend (0.91%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.69%).
High Dividend: SIRI's dividend (0.91%) is low compared to the top 25% of dividend payers in the US market (4.52%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SIRI has been paying a dividend for less than 10 years.
Growing Dividend: SIRI's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.7%), SIRI's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SIRI's dividends in 3 years are forecast to be well covered by earnings (24.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.4yrs
Average management tenure
CEO
Jim Meyer (64yo)
7.42yrs
Tenure
US$18,778,831
Compensation
Mr. James E. Meyer, also known as Jim, has been the Chief Executive Officer of Sirius XM Radio Inc. Mr. Meyer serves as a Director at Charter Communications, Inc. since July 24, 2018. He has a strong track ...
CEO Compensation Analysis
Compensation vs Market: Jim's total compensation ($USD18.78M) is above average for companies of similar size in the US market ($USD11.65M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 7.42yrs | US$18.78m | 0.079% $20.2m | |
| President & Chief Content Officer | 16yrs | US$4.56m | 0.021% $5.2m | |
| Senior EVP & CFO | 4.83yrs | US$4.22m | 0.0037% $955.7k | |
| President of Sales | 1.17yrs | US$16.08m | 0.026% $6.6m | |
| Executive VP | 22yrs | US$10.92m | 0.0085% $2.2m | |
| Chief Product Officer & Head of Technology | no data | no data | no data | |
| Executive VP & Chief Administrative Officer | 11.58yrs | US$7.53m | 0.0032% $820.7k | |
| Vice President of IR & Finance | no data | no data | no data | |
| Senior Vice President of Corporate Communications | no data | no data | no data | |
| Chief Marketing Officer | 0.58yr | no data | no data |
7.4yrs
Average Tenure
59yo
Average Age
Experienced Management: SIRI's management team is seasoned and experienced (7.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 7.42yrs | US$18.78m | 0.079% $20.2m | |
| Independent Director | 18.75yrs | US$284.14k | 0.0052% $1.3m | |
| Chairman of The Board of Liberty Media Corporation | no data | US$120.00k | 0.000010% $2.5k | |
| Lead Independent Director | 7yrs | US$326.83k | 0.00086% $219.2k | |
| Chairman of the Board | 7yrs | US$326.83k | 0.0084% $2.1m | |
| Independent Director | 9yrs | US$296.83k | 0.00086% $219.2k | |
| Independent Director | 16.83yrs | US$296.64k | 0.0043% $1.1m | |
| Independent Director | 11.83yrs | US$306.83k | 0.0095% $2.4m | |
| Director | 6.58yrs | US$276.83k | 0.00086% $219.2k | |
| Director | 7yrs | US$276.83k | 0.0064% $1.6m |
7.3yrs
Average Tenure
64yo
Average Age
Experienced Board: SIRI's board of directors are considered experienced (7.3 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Sirius XM Holdings Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sirius XM Holdings Inc.
- Ticker: SIRI
- Exchange: NasdaqGS
- Founded:
- Industry: Cable and Satellite
- Sector: Media
- Market Cap: US$25.486b
- Shares outstanding: 4.38b
- Website: https://www.siriusxm.com
Number of Employees
Location
- Sirius XM Holdings Inc.
- 1221 Avenue of the Americas
- 35th Floor
- New York
- New York
- 10020
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SIRI | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Sep 1994 |
| A1W8XE | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Sep 1994 |
| SIRI | WBAG (Wiener Boerse AG) | Yes | Common Stock | AT | EUR | Sep 1994 |
| 0L6Z | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Sep 1994 |
| SRXM34 | BOVESPA (Bolsa de Valores de Sao Paulo) | BDR EACH 1 REP 1 COM USD0.001 | BR | BRL | May 2019 |
Biography
Sirius XM Holdings Inc. provides satellite radio services on a subscription fee basis in the United States. It broadcasts music, sports, entertainment, comedy, talk, news, traffic, and weather channels, including various music genres, such as rock, pop and hip-hop, country, dance, jazz, Latin, and classical; live play-by-play sports from various leagues and colleges; various talk and entertainment channels for a range of audiences; national, international, and financial news; and limited run channels. The company also provides streaming service that includes a range of music and non-music channels, and podcasts, as well as channels that are not available on its satellite radio service; and offers applications to allow consumers to access its streaming service on smartphones, tablets, computers, home devices, and other consumer electronic equipment. In addition, it distributes satellite radios through automakers and retailers, as well as its Website. Further, the company provides location-based services through two-way wireless connectivity, including safety, security, convenience, maintenance and data services, remote vehicles diagnostics, and stolen or parked vehicle locator services. Additionally, it offers satellite television services, which offer music channels on the DISH Network satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; and real-time traffic and weather services. The company is headquartered in New York, New York. Sirius XM Holdings Inc. operates as a subsidiary of Liberty Media Corporation.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/05/31 05:49 |
| End of Day Share Price | 2020/05/29 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.