NasdaqGS:VIAC

Stock Analysis Report

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Executive Summary

ViacomCBS Inc. operates as a media and entertainment company worldwide. More Details


Snowflake Analysis

Undervalued established dividend payer.


Similar Companies

Share Price & News

How has ViacomCBS's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VIAC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: VIAC's weekly volatility has decreased from 10% to 5% over the past year.


Market Performance


7 Day Return

4.5%

VIAC

0.7%

US Media

0.7%

US Market


1 Year Return

-10.8%

VIAC

16.7%

US Media

22.2%

US Market

Return vs Industry: VIAC underperformed the US Media industry which returned 15.8% over the past year.

Return vs Market: VIAC underperformed the US Market which returned 22.7% over the past year.


Shareholder returns

VIACIndustryMarket
7 Day4.5%0.7%0.7%
30 Day22.9%20.9%11.8%
90 Day28.7%14.5%8.6%
1 Year-7.2%-10.8%18.5%16.7%25.0%22.2%
3 Year-32.2%-36.7%37.7%31.7%49.4%39.5%
5 Year-17.8%-24.8%72.6%60.1%100.2%78.1%

Long-Term Price Volatility Vs. Market

How volatile is ViacomCBS's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is ViacomCBS undervalued compared to its fair value and its price relative to the market?

20.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VIAC ($36.37) is trading below our estimate of fair value ($45.98)

Significantly Below Fair Value: VIAC is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: VIAC is good value based on its PE Ratio (16.9x) compared to the US Media industry average (22.6x).

PE vs Market: VIAC is good value based on its PE Ratio (16.9x) compared to the US market (19.4x).


Price to Earnings Growth Ratio

PEG Ratio: VIAC is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: VIAC is good value based on its PB Ratio (1.5x) compared to the US Media industry average (1.7x).


Next Steps

Future Growth

How is ViacomCBS forecast to perform in the next 1 to 3 years based on estimates from 25 analysts?

8.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VIAC's forecast earnings growth (8.7% per year) is above the savings rate (2.2%).

Earnings vs Market: VIAC's earnings (8.7% per year) are forecast to grow slower than the US market (21.8% per year).

High Growth Earnings: VIAC's earnings are forecast to grow, but not significantly.

Revenue vs Market: VIAC's revenue (3.4% per year) is forecast to grow slower than the US market (10.2% per year).

High Growth Revenue: VIAC's revenue (3.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VIAC's Return on Equity is forecast to be low in 3 years time (14.3%).


Next Steps

Past Performance

How has ViacomCBS performed over the past 5 years?

15.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VIAC has a large one-off loss of $1.1B impacting its September 30 2020 financial results.

Growing Profit Margin: VIAC's current net profit margins (5.1%) are lower than last year (14.7%).


Past Earnings Growth Analysis

Earnings Trend: VIAC's earnings have grown by 15.3% per year over the past 5 years.

Accelerating Growth: VIAC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: VIAC had negative earnings growth (-76.1%) over the past year, making it difficult to compare to the Media industry average (-12.2%).


Return on Equity

High ROE: VIAC's Return on Equity (10.3%) is considered low.


Next Steps

Financial Health

How is ViacomCBS's financial position?


Financial Position Analysis

Short Term Liabilities: VIAC's short term assets ($13.2B) exceed its short term liabilities ($7.8B).

Long Term Liabilities: VIAC's short term assets ($13.2B) do not cover its long term liabilities ($28.2B).


Debt to Equity History and Analysis

Debt Level: VIAC's debt to equity ratio (127.5%) is considered high.

Reducing Debt: VIAC's debt to equity ratio has reduced from 148.2% to 127.5% over the past 5 years.

Debt Coverage: VIAC's debt is not well covered by operating cash flow (10.7%).

Interest Coverage: VIAC's interest payments on its debt are well covered by EBIT (4.3x coverage).


Balance Sheet


Next Steps

Dividend

What is ViacomCBS current dividend yield, its reliability and sustainability?

2.64%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: VIAC's dividend (2.64%) is higher than the bottom 25% of dividend payers in the US market (1.48%).

High Dividend: VIAC's dividend (2.64%) is low compared to the top 25% of dividend payers in the US market (4.14%).


Stability and Growth of Payments

Stable Dividend: VIAC's dividends per share have been stable in the past 10 years.

Growing Dividend: VIAC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (41.8%), VIAC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: VIAC's dividends in 3 years are forecast to be well covered by earnings (23.4% payout ratio).


Next Steps

Management

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

1.0yrs

Average management tenure


CEO

Bob Bakish (56 yo)

1

Tenure

US$11,200,613

Compensation

Mr. Robrt Marc Bakishe, also known as Bob, has been President, Chief Executive Officer and Director of ViacomCBS Inc. since December 4, 2019. He served as the Chief Executive Officer and President of Viaco...


CEO Compensation Analysis

Compensation vs Market: Bob's total compensation ($USD11.20M) is about average for companies of similar size in the US market ($USD10.98M).

Compensation vs Earnings: Insufficient data to compare Bob's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Robert Bakish
President1yrUS$11.20m0.061%
$ 13.7m
Christa D'Alimonte
Executive VP1yrUS$1.51m0.0052%
$ 1.2m
Nancy Phillips
Executive VP & Chief People Officer1yrUS$3.83mno data
Richard Jones
Executive VP1yrUS$3.29m0.019%
$ 4.3m
Christina Spade
Financial Advisor0.33yrUS$9.37m0.0018%
$ 405.0k
Jo Ross
President & Chief Advertising Revenue Officer of ViacomCBS Domestic Advertising Sales3.33yrsno datano data
Naveen Chopra
Executive VP & CFO0.33yrno datano data
Katherine Gill-Charest
Executive VP1yrno data0.0024%
$ 530.9k
Philip Wiser
Executive VP & CTO2.25yrsno datano data
Stephen Mirante
Executive VP & Chief Administrative Officer1.92yrsno datano data
Anthony DiClemente
Executive Vice President of Investor Relations1yrno datano data
Henry T. Moniz
Executive VP1yrno datano data

1.0yrs

Average Tenure

51.5yo

Average Age

Experienced Management: VIAC's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Robert Bakish
President1yrUS$11.20m0.061%
$ 13.7m
James Gianopulos
Chairman & CEO of Paramount Picturesno datano datano data
Frederick Terrell
Independent Director2yrsUS$463.61k0.00081%
$ 182.2k
Linda Griego
Independent Director13.75yrsUS$465.03k0.00097%
$ 218.2k
Brian Goldner
Independent Director2.25yrsUS$458.60k0%
$ 0
Shari Redstone
Non-Executive Chair1yrUS$456.13k0.023%
$ 5.2m
Candace Beinecke
Independent Director2.25yrsUS$487.62k0%
$ 0
Charles Phillips
Independent Director1yrUS$51.28k0.0030%
$ 672.7k
Nicole Seligman
Independent Director1yrUS$52.80k0.00070%
$ 157.5k
Barbara Byrne
Independent Director2.25yrsUS$462.05k0.0024%
$ 544.4k
Susan Schuman
Independent Director2.25yrsUS$448.03k0%
$ 0
Robert Klieger
Director3.42yrsUS$322.54k0%
$ 0

2.3yrs

Average Tenure

64.5yo

Average Age

Experienced Board: VIAC's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: VIAC insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 64.7%.


Top Shareholders

Company Information

ViacomCBS Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ViacomCBS Inc.
  • Ticker: VIAC
  • Exchange: NasdaqGS
  • Founded: 1986
  • Industry: Broadcasting
  • Sector: Media
  • Market Cap: US$22.498b
  • Shares outstanding: 617.25m
  • Website: https://www.viacbs.com

Number of Employees


Location

  • ViacomCBS Inc.
  • 1515 Broadway
  • New York
  • New York
  • 10036
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VIACNasdaqGS (Nasdaq Global Select)YesClass B Common StockUSUSDAug 2000
0VVBDB (Deutsche Boerse AG)YesClass B Common StockDEEURAug 2000
VIAC *BMV (Bolsa Mexicana de Valores)YesClass B Common StockMXMXNAug 2000
VIAC.ANasdaqGS (Nasdaq Global Select)Class A Common StockUSUSDDec 2005
0VVDB (Deutsche Boerse AG)Class A Common StockDEEURDec 2005
C1BS34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH REPR 1 COM USD0.0BRBRLDec 2019

Biography

ViacomCBS Inc. operates as a media and entertainment company worldwide. The company operates in four segments: TV Entertainment, Cable Networks, Filmed Entertainment, and Publishing. The TV Entertainment s...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/03 00:24
End of Day Share Price2020/12/02 00:00
Earnings2020/09/30
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.