The E.W. Scripps Company, together with its subsidiaries, operates as a media enterprise through a portfolio of local and national media brands.
Reasonable growth potential and overvalued.
Share Price & News
How has E.W. Scripps's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SSP has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SSP underperformed the US Media industry which returned 19.9% over the past year.
Return vs Market: SSP underperformed the US Market which returned 20.3% over the past year.
Price Volatility Vs. Market
How volatile is E.W. Scripps's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWho Has Been Buying The E.W. Scripps Company (NASDAQ:SSP) Shares?
3 weeks ago | Simply Wall StIs The E.W. Scripps Company (NASDAQ:SSP) Struggling With Its 3.8% Return On Capital Employed?
1 month ago | Simply Wall StShould You Buy The E.W. Scripps Company (NASDAQ:SSP) For Its 1.2% Dividend?
Is E.W. Scripps undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SSP ($13.93) is trading above our estimate of fair value ($7.34)
Significantly Below Fair Value: SSP is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SSP is poor value based on its PE Ratio (179.3x) compared to the Media industry average (14.4x).
PE vs Market: SSP is poor value based on its PE Ratio (179.3x) compared to the US market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: SSP is poor value based on its PEG Ratio (3.9x)
Price to Book Ratio
PB vs Industry: SSP is good value based on its PB Ratio (1.3x) compared to the US Media industry average (1.4x).
How is E.W. Scripps forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SSP's forecast earnings growth (46.2% per year) is above the savings rate (1.7%).
Earnings vs Market: SSP's earnings (46.2% per year) are forecast to grow faster than the US market (14.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SSP's revenue (17.1% per year) is forecast to grow faster than the US market (7.6% per year).
High Growth Revenue: SSP's revenue (17.1% 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 SSP's Return on Equity is forecast to be high in 3 years time
How has E.W. Scripps performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SSP has a large one-off loss of $52.7M impacting its September 30 2019 financial results.
Growing Profit Margin: SSP's current net profit margins (0.5%) are lower than last year (3%).
Past Earnings Growth Analysis
Earnings Trend: SSP's earnings have grown significantly by 37% per year over the past 5 years.
Accelerating Growth: SSP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SSP had negative earnings growth (-81.2%) over the past year, making it difficult to compare to the Media industry average (2.4%).
Return on Equity
High ROE: SSP's Return on Equity (0.8%) is considered low.
Return on Assets
Return on Capital Employed
How is E.W. Scripps's financial position?
Financial Position Analysis
Short Term Liabilities: SSP's short term assets ($534.2M) exceed its short term liabilities ($244.2M).
Long Term Liabilities: SSP's short term assets ($534.2M) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: SSP's debt to equity ratio (216.6%) is considered high.
Reducing Debt: SSP's debt to equity ratio has increased from 37.1% to 216.6% over the past 5 years.
Debt Coverage: SSP's debt is not well covered by operating cash flow (4%).
Interest Coverage: SSP's interest payments on its debt are not well covered by EBIT (2x coverage).
Inventory Level: SSP has a low level of unsold assets or inventory.
Debt Coverage by Assets: SSP's debt is not covered by short term assets (assets are 0.3x debt).
What is E.W. Scripps's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SSP's dividend (1.44%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: SSP's dividend (1.44%) is low compared to the top 25% of dividend payers in the US market (3.73%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SSP has been paying a dividend for less than 10 years.
Growing Dividend: SSP has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (257.4%), SSP's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Adam Symson (44yo)
Mr. Adam P. Symson has been Chief Executive Officer and President of The E. W. Scripps Company since August 8, 2017. Mr. Symson served as Chief Operating Officer of The E. W. Scripps Company from November ...
CEO Compensation Analysis
Compensation vs Market: Adam's total compensation ($USD3.38M) is above average for companies of similar size in the US market ($USD2.50M).
Compensation vs Earnings: Adam's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Executive VP & CFO||2.3yrs||US$1.49m||0.025% $282.7k|
|Executive VP & General Counsel||11.6yrs||US$1.31m||0.15% $1.7m|
|President of Local Media||11.1yrs||US$1.59m||0.12% $1.3m|
|Senior VP||4.8yrs||US$799.82k||0.042% $476.4k|
|VP & Chief Technology Officer||0yrs||no data||no data|
|VP & Chief Information Officer||12.1yrs||no data||0.069% $782.9k|
|Senior Vice President of Corporate Communications & Investor Relations||7.1yrs||no data||0.018% $198.2k|
|Vice President of Audit & Compliance||10yrs||no data||0.055% $621.7k|
|Vice President of Marketing||8.9yrs||no data||no data|
Experienced Management: SSP's management team is seasoned and experienced (8.9 years average tenure).
|Non-Executive Chairman||6.8yrs||US$258.86k||0.51% $5.7m|
|Independent Director||6.8yrs||US$146.11k||0.030% $339.9k|
|Independent Director||11.6yrs||US$158.11k||0.14% $1.6m|
|Independent Director||11.6yrs||US$163.11k||0.088% $996.2k|
|Lead Director||2.1yrs||US$187.53k||0.18% $2.1m|
|Director||0.8yrs||no data||no data|
|Independent Director||7.5yrs||US$145.11k||0.083% $935.3k|
|Independent Director||2.8yrs||US$145.11k||0.34% $3.9m|
|Independent Director||4.8yrs||US$146.11k||0.81% $9.1m|
Experienced Board: SSP's board of directors are considered experienced (5.8 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 not been meaningfully diluted in the past year.
The E.W. Scripps Company's company bio, employee growth, exchange listings and data sources
- Name: The E.W. Scripps Company
- Ticker: SSP
- Exchange: NasdaqGS
- Founded: 1878
- Industry: Broadcasting
- Sector: Media
- Market Cap: US$1.127b
- Shares outstanding: 80.91m
- Website: https://www.scripps.com
Number of Employees
- The E.W. Scripps Company
- Scripps Center
- Suite 2800
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SSP||NasdaqGS (Nasdaq Global Select)||Yes||Class A Common Stock||US||USD||Jun 1988|
|SQ6B||DB (Deutsche Boerse AG)||Yes||Class A Common Stock||DE||EUR||Jun 1988|
The E.W. Scripps Company, together with its subsidiaries, operates as a media enterprise through a portfolio of local and national media brands. The company operates through Local Media, National Media, and Other segments. The Local Media segment operates broadcast television stations, which produce news, information, and entertainment content, as well as its related digital operations. This segment also runs network, syndicated, and original programming. The National Media segment offers content services through apps on Internet-connected devices, such as set-top boxes, smartphones, smart televisions, and tablets. This segment also operates Katz, which broadcasts content through over-the-air on local broadcasters' digital sub-channels, and cable and satellite; Newsy, a national news network, which provides politics, entertainment, science, and technology news; and Triton that offers digital audio technology and measurement services for digital audio marketplace. In addition, this segment operates Stitcher that create original podcasts, a digital audio recording of a themed series; provides a mobile application where consumers can stream the latest news, sports, talk, and entertainment on demand; offers podcast agency services; and operates Midroll Media advertising network. The company also operates Cracked, a multi-platform humor and satire brand, which informs and entertains audiences with a Website, social media, and podcast; and Scripps National Spelling Bee, an investigative reporting newsroom in Washington, D.C. It serves audiences and businesses. The company operates through a network of 36 television stations. The company was formerly known as Scripps Howard, Inc. The E.W. Scripps Company was founded in 1878 and is headquartered in Cincinnati, Ohio.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 00:39|
|End of Day Share Price||2020/02/19 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.