Altice USA
Market Cap
US$18.4b
Last Updated
2020/02/22 02:36 UTC
Data Sources
Company Financials +
Executive Summary
Altice USA, Inc., together with its subsidiaries, provides broadband communications and video services in the United States.
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with reasonable growth potential.
Similar Companies
Share Price & News
How has Altice USA's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ATUS has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.4%
ATUS
-0.9%
US Media
-1.0%
US Market
1 Year Return
34.8%
ATUS
17.1%
US Media
18.0%
US Market
Return vs Industry: ATUS exceeded the US Media industry which returned 17.1% over the past year.
Return vs Market: ATUS exceeded the US Market which returned 18% over the past year.
Shareholder returns
| ATUS | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.4% | -0.9% | -1.0% |
| 30 Day | 0.9% | 0.6% | 0.6% |
| 90 Day | 11.7% | 4.5% | 7.9% |
| 1 Year | 34.8%34.8% | 18.5%17.1% | 20.4%18.0% |
| 3 Year | n/a | 15.8%11.0% | 48.0%38.5% |
| 5 Year | n/a | 34.0%23.3% | 72.2%53.3% |
Price Volatility Vs. Market
How volatile is Altice USA's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Earnings Miss: Altice USA, Inc. Missed EPS By 47% And Analysts Are Revising Their Forecasts1 week ago | Simply Wall St
Is Altice USA, Inc. (NYSE:ATUS) Struggling With Its 6.2% Return On Capital Employed?3 weeks ago | Simply Wall St
Is Now The Time To Look At Buying Altice USA, Inc. (NYSE:ATUS)?Valuation
Is Altice USA undervalued compared to its fair value and its price relative to the market?
41.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ATUS ($29.12) is trading below our estimate of fair value ($49.83)
Significantly Below Fair Value: ATUS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ATUS is poor value based on its PE Ratio (138.4x) compared to the Media industry average (14.2x).
PE vs Market: ATUS is poor value based on its PE Ratio (138.4x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: ATUS is poor value based on its PEG Ratio (4.3x)
Price to Book Ratio
PB vs Industry: ATUS is overvalued based on its PB Ratio (8.1x) compared to the US Media industry average (1.3x).
Next Steps
Future Growth
How is Altice USA forecast to perform in the next 1 to 3 years based on estimates from 25 analysts?
32.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ATUS's forecast earnings growth (32% per year) is above the savings rate (1.7%).
Earnings vs Market: ATUS's earnings (32% 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: ATUS's revenue (3.5% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: ATUS's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ATUS's Return on Equity is forecast to be very high in 3 years time (108.4%).
Next Steps
Past Performance
How has Altice USA performed over the past 5 years?
22.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ATUS has a large one-off loss of $126.1M impacting its December 31 2019 financial results.
Growing Profit Margin: ATUS's current net profit margins (1.4%) are higher than last year (0.2%).
Past Earnings Growth Analysis
Earnings Trend: ATUS's earnings have grown significantly by 22% per year over the past 5 years.
Accelerating Growth: ATUS's earnings growth over the past year (637.7%) exceeds its 5-year average (22% per year).
Earnings vs Industry: ATUS earnings growth over the past year (637.7%) exceeded the Media industry 2.4%.
Return on Equity
High ROE: ATUS's Return on Equity (6.1%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Altice USA's financial position?
Financial Position Analysis
Short Term Liabilities: ATUS's short term assets ($1.4B) do not cover its short term liabilities ($2.0B).
Long Term Liabilities: ATUS's short term assets ($1.4B) do not cover its long term liabilities ($29.9B).
Debt to Equity History and Analysis
Debt Level: ATUS's debt to equity ratio (1075.4%) is considered high.
Reducing Debt: ATUS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: ATUS's debt is not well covered by operating cash flow (10.4%).
Interest Coverage: ATUS's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
Inventory Level: ATUS has a low level of unsold assets or inventory.
Debt Coverage by Assets: ATUS's debt is not covered by short term assets (assets are 0.1x debt).
Next Steps
Dividend
What is Altice USA's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate ATUS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate ATUS's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ATUS's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ATUS's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ATUS's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.1yrs
Average management tenure
CEO
Dexter Goei (47yo)
3.7yrs
Tenure
US$12,150,232
Compensation
Mr. Dexter G. Goei is the Chief Executive Officer and Director of Altice USA since 2016. Mr. Goei was the Chairman of ltice USA since 2016 June until June 8, 2018. Mr. Dexter G. Goei has been the Chairman ...
CEO Compensation Analysis
Compensation vs Market: Dexter's total compensation ($USD12.15M) is about average for companies of similar size in the US market ($USD10.79M).
Compensation vs Earnings: Dexter's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.7yrs | US$12.15m | 2.23% $411.8m | |
| President of Telecommunications & COO | 4.1yrs | US$3.83m | 0.38% $70.1m | |
| Special Advisor & Director | 1.7yrs | US$3.83m | 0.22% $39.8m | |
| Chief Financial Officer | 0.3yrs | no data | 0.021% $3.9m | |
| Chief Accounting Officer | 1.1yrs | no data | 0.014% $2.6m | |
| Chief Technology Officer | 2.5yrs | no data | no data | |
| Chief Information Officer & Senior VP | 0yrs | no data | no data | |
| Executive VP | 0.8yrs | no data | 0.012% $2.2m | |
| Senior Vice President of Communications | 0yrs | no data | no data | |
| Executive Vice President of Human Resources | 0yrs | no data | 0.071% $13.1m |
1.1yrs
Average Tenure
49yo
Average Age
Experienced Management: ATUS's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.7yrs | US$12.15m | 2.23% $411.8m | |
| Special Advisor & Director | 1.7yrs | US$3.83m | 0.22% $39.8m | |
| Independent Director | 2.7yrs | US$117.50k | no data | |
| Independent Director | 2.7yrs | US$110.00k | 0.0014% $248.8k | |
| Chairman | 2.1yrs | no data | no data | |
| Independent Director | 2.3yrs | US$100.00k | no data | |
| Director | 2.7yrs | no data | no data | |
| Director | 1.7yrs | no data | 0.0048% $879.2k | |
| Director | 1yrs | no data | no data |
2.3yrs
Average Tenure
49yo
Average Age
Experienced Board: ATUS'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: ATUS insiders have only sold shares 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
Altice USA, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Altice USA, Inc.
- Ticker: ATUS
- Exchange: NYSE
- Founded: 2015
- Industry: Cable and Satellite
- Sector: Media
- Market Cap: US$18.433b
- Shares outstanding: 633.00m
- Website: https://www.alticeusa.com
Number of Employees
Location
- Altice USA, Inc.
- 1 Court Square West
- Long Island City
- New York
- 11101
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ATUS | NYSE (New York Stock Exchange) | Yes | Class A Common Stock | US | USD | Jun 2017 |
| 15PA | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Jun 2017 |
| ATUS * | BMV (Bolsa Mexicana de Valores) | Yes | Class A Common Stock | MX | MXN | Jun 2017 |
Biography
Altice USA, Inc., together with its subsidiaries, provides broadband communications and video services in the United States. The company operates in two segments, Cablevision and Cequel. It delivers broadband, pay television, telephony services, Wi-Fi hotspot access, proprietary content, and advertising services to approximately 4.9 million residential and business customers. The company also offers wireless routers and Internet security software; and pay television services, which include delivery of broadcast stations and cable networks, and advanced digital pay television services, such as video-on-demand, high-definition channels, digital video recorder, and pay-per-view. In addition, it provides Ethernet, data transport, IP-based virtual private networks, Internet access, and telephony services; hosted telephony, managed Wi-Fi, managed desktop and server backup services; managed collaboration services, including audio and Web conferencing; managed services, including business email, hosted private branch exchange, Web space storage, and network security monitoring; data-driven television, digital, and other multi-platform advertising services; and data-driven and audience-based advertising solutions. Further, the company operates local news channels, as well as traffic and weather channels; News12.com, a destination for local news on the Web; and News 12, a mobile application, as well as provides technical operating services comprising dispatch, customer installations, disconnects, service changes, customer service visits, outside plant maintenance service, and design and construction services for HFC and FTTH infrastructure. It provides communications and video services under Optimum and Suddenlink brand names. Altice USA, Inc. was incorporated in 2015 and is headquartered in Long Island City, New York.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/22 02:36 |
| End of Day Share Price | 2020/02/21 00:00 |
| Earnings | 2019/12/31 |
| 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.