NasdaqGS:VIAC

Stock Analysis Report

Executive Summary

ViacomCBS Inc., a media and entertainment, creates content and experiences for audiences worldwide.


Snowflake Analysis

6 star dividend payer and undervalued.


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's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-8.6%

VIAC

-4.2%

US Media

-1.1%

US Market


1 Year Return

-74.3%

VIAC

-17.5%

US Media

-13.6%

US Market

Return vs Industry: VIAC underperformed the US Media industry which returned -12.8% over the past year.

Return vs Market: VIAC underperformed the US Market which returned -10.7% over the past year.


Shareholder returns

VIACIndustryMarket
7 Day-8.6%-4.2%-1.1%
30 Day-44.6%-21.5%-17.8%
90 Day-69.2%-27.5%-22.5%
1 Year-73.5%-74.3%-16.3%-17.5%-11.9%-13.6%
3 Year-80.4%-81.4%-16.7%-20.3%12.1%4.9%
5 Year-77.4%-79.1%-3.8%-11.4%30.5%16.3%

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?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VIAC ($13.95) is trading below our estimate of fair value ($41.71)

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 (2.6x) compared to the Media industry average (9.5x).

PE vs Market: VIAC is good value based on its PE Ratio (2.6x) compared to the US market (13.1x).


Price to Earnings Growth Ratio

PEG Ratio: VIAC is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: VIAC is good value based on its PB Ratio (0.6x) compared to the US Media industry average (0.9x).


Next Steps

Future Growth

How is ViacomCBS forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?

1.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VIAC's forecast earnings growth (1.1% per year) is below the savings rate (1.7%).

Earnings vs Market: VIAC's earnings (1.1% per year) are forecast to grow slower than the US market (12.3% per year).

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

Revenue vs Market: VIAC's revenue (2.8% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: VIAC's revenue (2.8% 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 high in 3 years time (25.3%)


Next Steps

Past Performance

How has ViacomCBS performed over the past 5 years?

19.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VIAC has high quality earnings.

Growing Profit Margin: VIAC's current net profit margins (11.8%) are lower than last year (12.6%).


Past Earnings Growth Analysis

Earnings Trend: VIAC's earnings have grown by 19.4% 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 (-4.5%) over the past year, making it difficult to compare to the Media industry average (6%).


Return on Equity

High ROE: Whilst VIAC's Return on Equity (24.37%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is ViacomCBS's financial position?


Financial Position Analysis

Short Term Liabilities: VIAC's short term assets ($11.9B) exceed its short term liabilities ($9.0B).

Long Term Liabilities: VIAC's short term assets ($11.9B) do not cover its long term liabilities ($26.9B).


Debt to Equity History and Analysis

Debt Level: VIAC's debt to equity ratio (137.9%) is considered high.

Reducing Debt: VIAC's debt to equity ratio has increased from 100.8% to 137.9% over the past 5 years.

Debt Coverage: VIAC's debt is not well covered by operating cash flow (6.6%).

Interest Coverage: VIAC's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet

Inventory Level: VIAC has a low level of unsold assets or inventory.

Debt Coverage by Assets: VIAC's debt is not covered by short term assets (assets are 0.6x debt).


Next Steps

Dividend

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

7.51%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: VIAC's dividend (6.88%) is higher than the bottom 25% of dividend payers in the US market (1.95%).

High Dividend: VIAC's dividend (6.88%) is in the top 25% of dividend payers in the US market (5.37%)


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 low payout ratio (14.7%), VIAC's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: VIAC's dividends in 3 years are forecast to be well covered by earnings (16.8% payout ratio).


Next Steps

Management

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

0.8yrs

Average management tenure


CEO

Bob Bakish (55yo)

0.33

Tenure

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 ...


Leadership Team

NamePositionTenureCompensationOwnership
Christina Spade
Executive VP & CFO1.5yrsUS$2.03m0.0018% $145.2k
Richard Jones
Executive VP0.33yrUS$2.14m0.018% $1.5m
Jonathan Anschell
Executive VP & Deputy General Counsel4.25yrsUS$2.60m0.00094% $75.4k
Robert Bakish
President0.33yrno data0.045% $3.6m
Jo Ross
President & Chief Advertising Revenue Officer of ViacomCBS Domestic Advertising Sales2.67yrsno datano data
Katherine Gill-Charest
Executive VP0.33yrno data0.0018% $142.0k
Philip Wiser
Chief Technology Officer1.58yrsno datano data
Stephen Mirante
Executive VP & Chief Administrative Officer1.25yrsno datano data
Anthony DiClemente
Executive Vice President of Investor Relations0.33yrno datano data
Henry T. Moniz
Executive VP0.33yrno datano data

0.8yrs

Average Tenure

51.5yo

Average Age

Experienced Management: VIAC's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Robert Bakish
President0.33yrno data0.045% $3.6m
James Gianopulos
Chairman & CEO of Paramount Picturesno datano datano data
Sumner Redstone
Chairman Emeritus4.17yrsno data0.033% $2.6m
Linda Griego
Independent Director13.08yrsUS$449.51k0.0092% $739.1k
Brian Goldner
Independent Director1.58yrsUS$105.61k0.00086% $69.0k
Shari Redstone
Non-Executive Chair0.33yrUS$324.54k0.036% $2.9m
Charles Phillips
Director0.33yrno data0.010% $807.3k
Nicole Seligman
Director0.33yrno data0.0023% $186.2k
Barbara Byrne
Independent Director1.58yrsUS$109.16k0.0024% $195.0k
Robert Klieger
Director2.75yrsUS$300.01k0.0015% $122.0k

1.6yrs

Average Tenure

63.5yo

Average Age

Experienced Board: VIAC's board of directors are not considered experienced ( 1.6 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 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

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$8.024b
  • Shares outstanding: 613.74m
  • 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
C5SDB (Deutsche Boerse AG)YesClass B Common StockDEEURAug 2000
VIAC.ANasdaqGS (Nasdaq Global Select)Class A Common StockUSUSDDec 2005
C5S1DB (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., a media and entertainment, creates content and experiences for audiences worldwide. The company operates in four segments: Entertainment, Cable Networks, Publishing, and Local Media. The Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and/or distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; produces theatrical films; and digital streaming services. This segment also operates CBS Sports Network, a 24-hour cable program service that provides college sports and related content. The Cable Networks segment offers subscription program services, such as original series, theatrical feature films, documentaries, boxing and other sports-related programming, and special events, as well as a direct-to-consumer digital streaming subscription. This segment also operates Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs. The Publishing segment publishes and distributes adult and children’s consumer books in printed, digital, and audio formats; develops special imprints and publishes titles based on the products of the company, as well as that of third parties; and distributes products for other publishers. This segment also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. The Local Media segment owns 29 broadcast television stations; and operates local Websites, including content from its television stations. The company was formerly known as CBS Corporation and changed its name to ViacomCBS Inc. in December 2019. ViacomCBS Inc. was founded in 1986 and is based in New York, New York. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/02 08:29
End of Day Share Price2020/04/01 00:00
Earnings2019/12/31
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.