NYSE:AHC

Stock Analysis Report

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Executive Summary

A.H. Belo Corporation, together with its subsidiaries, operates as a local news and information publishing company primarily in Texas. More Details


Snowflake Analysis

Flawless balance sheet unattractive dividend payer.


Similar Companies

Share Price & News

How has A.H. Belo's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AHC's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.7%

AHC

-1.2%

US Media

-0.8%

US Market


1 Year Return

-61.7%

AHC

2.2%

US Media

18.0%

US Market

Return vs Industry: AHC underperformed the US Media industry which returned 2.2% over the past year.

Return vs Market: AHC underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

AHCIndustryMarket
7 Day0.7%-1.2%-0.8%
30 Day4.3%-0.8%6.8%
90 Day-10.6%4.1%8.9%
1 Year-56.9%-61.7%3.7%2.2%20.7%18.0%
3 Year-56.2%-67.3%24.5%19.2%41.5%32.1%
5 Year-60.1%-73.4%44.3%33.9%84.6%63.8%

Price Volatility Vs. Market

How volatile is A.H. Belo's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is A.H. Belo undervalued compared to its fair value and its price relative to the market?

0.61x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: AHC ($1.42) is trading above our estimate of fair value ($0.84)

Significantly Below Fair Value: AHC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AHC is unprofitable, so we can't compare its PE Ratio to the US Media industry average.

PE vs Market: AHC 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 AHC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AHC is good value based on its PB Ratio (0.6x) compared to the US Media industry average (1.3x).


Next Steps

Future Growth

How is A.H. Belo forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.0%

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 A.H. Belo 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.


Next Steps

Past Performance

How has A.H. Belo performed over the past 5 years?

-20.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AHC is currently unprofitable.

Growing Profit Margin: AHC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AHC is unprofitable, and losses have increased over the past 5 years at a rate of 20.8% per year.

Accelerating Growth: Unable to compare AHC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AHC is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (-15.7%).


Return on Equity

High ROE: AHC has a negative Return on Equity (-20.04%), as it is currently unprofitable.


Next Steps

Financial Health

How is A.H. Belo's financial position?


Financial Position Analysis

Short Term Liabilities: AHC's short term assets ($89.7M) exceed its short term liabilities ($31.0M).

Long Term Liabilities: AHC's short term assets ($89.7M) exceed its long term liabilities ($49.0M).


Debt to Equity History and Analysis

Debt Level: AHC is debt free.

Reducing Debt: AHC has not had any debt for past 5 years.

Debt Coverage: AHC has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AHC has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is A.H. Belo current dividend yield, its reliability and sustainability?

11.11%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: AHC's dividend (11.27%) is higher than the bottom 25% of dividend payers in the US market (1.65%).

High Dividend: AHC's dividend (11.27%) is in the top 25% of dividend payers in the US market (4.67%)


Stability and Growth of Payments

Stable Dividend: AHC has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: AHC has only been paying a dividend for 9 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: AHC is paying a dividend but the company is unprofitable.


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.


Next Steps

Management

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

4.0yrs

Average management tenure


CEO

Robert Decherd (68 yo)

2.42yrs

Tenure

US$360,000

Compensation

Mr. Robert W. Decherd has been the Chairman, Chief Executive Officer and President of A.H. Belo Corporation since May 17, 2018 and its Director since October 2007. Mr. Decherd served as Chairman, Chief Exe ...


CEO Compensation Analysis

Compensation vs Market: Robert's total compensation ($USD360.00K) is below average for companies of similar size in the US market ($USD589.01K).

Compensation vs Earnings: Robert's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Robert Decherd
Chairman2.42yrsUS$360.00k10.62%
$ 3.3m
Grant Moise
President & Publisher of The Dallas Morning News3.67yrsUS$1.30m0.12%
$ 36.3k
Mary Murray
Executive VP5.5yrsUS$633.82k0.12%
$ 36.7k
Christine Larkin
Senior VP7.67yrsUS$521.09kno data
Julie Hoagland
Senior VP & Chief People Officer4.25yrsno datano data
Eric Myers
President of Belo Media Group1.67yrsno datano data

4.0yrs

Average Tenure

52yo

Average Age

Experienced Management: AHC's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Decherd
Chairman2.42yrsUS$360.00k10.62%
$ 3.3m
Louis Caldera
Independent Director9.58yrsUS$127.00k0.14%
$ 43.7k
John Beckert
Independent Lead Directorno dataUS$137.00k0.26%
$ 80.1k
Ronald McCray
Independent Director10.08yrsUS$127.00k0.14%
$ 43.4k

9.6yrs

Average Tenure

65.5yo

Average Age

Experienced Board: AHC's board of directors are considered experienced (9.6 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

A.H. Belo Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: A.H. Belo Corporation
  • Ticker: AHC
  • Exchange: NYSE
  • Founded: 1842
  • Industry: Publishing
  • Sector: Media
  • Market Cap: US$30.831m
  • Shares outstanding: 21.41m
  • Website: https://www.ahbelo.com

Number of Employees


Location

  • A.H. Belo Corporation
  • 1954 Commerce Street
  • Dallas
  • Texas
  • 75201
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AHCNYSE (New York Stock Exchange)YesSeries A Common StockUSUSDJan 2008
1KBDB (Deutsche Boerse AG)YesSeries A Common StockDEEURJan 2008

Biography

A.H. Belo Corporation, together with its subsidiaries, operates as a local news and information publishing company primarily in Texas. The company publishes The Dallas Morning News, a newspaper; Briefing n ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/24 00:34
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
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.