Entercom Communications Corp., a media and entertainment company, engages in radio broadcasting business in the United States.
Fair value with moderate growth potential.
Share Price & News
How has Entercom Communications's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ETM's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ETM underperformed the US Media industry which returned -12.4% over the past year.
Return vs Market: ETM underperformed the US Market which returned -8.1% over the past year.
Price Volatility Vs. Market
How volatile is Entercom Communications's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StCould The Entercom Communications Corp. (NYSE:ETM) Ownership Structure Tell Us Something Useful?
1 month ago | Simply Wall StWhy It Might Not Make Sense To Buy Entercom Communications Corp. (NYSE:ETM) For Its Upcoming Dividend
1 month ago | Simply Wall StAre Insiders Buying Entercom Communications Corp. (NYSE:ETM) Stock?
Is Entercom Communications undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ETM ($0.8) is trading below our estimate of fair value ($13.78)
Significantly Below Fair Value: ETM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ETM is unprofitable, so we can't compare its PE Ratio to the Media industry average.
PE vs Market: ETM 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 ETM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ETM is good value based on its PB Ratio (0.1x) compared to the US Media industry average (0.9x).
How is Entercom Communications forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ETM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.7%).
Earnings vs Market: ETM is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ETM's is expected to become profitable in the next 3 years.
Revenue vs Market: ETM's revenue (2.2% per year) is forecast to grow slower than the US market (6.9% per year).
High Growth Revenue: ETM's revenue (2.2% 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 ETM's Return on Equity is forecast to be high in 3 years time
How has Entercom Communications performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ETM is currently unprofitable.
Growing Profit Margin: ETM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ETM is unprofitable, and losses have increased over the past 5 years at a rate of -44.9% per year.
Accelerating Growth: Unable to compare ETM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ETM is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (7.2%).
Return on Equity
High ROE: ETM has a negative Return on Equity (-47.67%), as it is currently unprofitable.
How is Entercom Communications's financial position?
Financial Position Analysis
Short Term Liabilities: ETM's short term assets ($424.7M) exceed its short term liabilities ($210.6M).
Long Term Liabilities: ETM's short term assets ($424.7M) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: ETM's debt to equity ratio (194.4%) is considered high.
Reducing Debt: ETM's debt to equity ratio has increased from 145.9% to 194.4% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ETM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ETM is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -4.7% per year.
What is Entercom Communications's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ETM's dividend (10%) is higher than the bottom 25% of dividend payers in the US market (1.89%).
High Dividend: ETM's dividend (10%) is in the top 25% of dividend payers in the US market (5.26%)
Stability and Growth of Payments
Stable Dividend: ETM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ETM has only been paying a dividend for 4 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: ETM is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: ETM's dividends in 3 years are forecast to be thoroughly covered by earnings (0.01% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Field (56yo)
Mr. David J. Field has been the Chief Executive Officer of Entercom Communications Corp. since May 3, 2002 and its President since 1998 and Serves as its Chairman since November 17,2017 and has been its Di ...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD4.46M) is above average for companies of similar size in the US market ($USD614.05K).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
|Executive VP & CFO||3yrs||US$1.77m||0.23% $246.4k|
|Executive VP||7.25yrs||US$933.18k||0.053% $57.3k|
|Chief Revenue Officer||2.42yrs||US$945.53k||0.077% $82.6k|
|Principal Accounting Officer||0.58yr||no data||0.026% $28.5k|
|Chief Information Officer||6.08yrs||no data||no data|
|President of Sales||no data||no data||no data|
|Executive Vice President of Corporate Business Development||2.25yrs||no data||no data|
|Chief Marketing Officer||1.25yrs||no data||no data|
Experienced Management: ETM's management team is considered experienced (3 years average tenure).
|Independent Director||6.42yrs||US$267.31k||0.052% $56.2k|
|Chairman Emeritus||2.42yrs||US$243.49k||12.09% $13.0m|
|Independent Lead Director||2.5yrs||US$282.31k||0.073% $78.8k|
|Independent Director||2.42yrs||US$222.31k||0.048% $51.8k|
|Independent Director||4.92yrs||US$212.31k||0.015% $16.0k|
|Independent Director||6.08yrs||US$217.31k||0.051% $55.1k|
|Independent Director||1.33yrs||US$203.39k||0.025% $27.4k|
|Independent Director||2.42yrs||US$212.31k||0.078% $84.0k|
Experienced Board: ETM's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ETM 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.
Entercom Communications Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Entercom Communications Corp.
- Ticker: ETM
- Exchange: NYSE
- Founded: 1968
- Industry: Broadcasting
- Sector: Media
- Market Cap: US$107.695m
- Shares outstanding: 134.62m
- Website: https://www.entercom.com
Number of Employees
- Entercom Communications Corp.
- 401 East City Avenue
- Suite 809
- Bala Cynwyd
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ETM||NYSE (New York Stock Exchange)||Yes||Class A Common Stock||US||USD||Jan 1999|
Entercom Communications Corp., a media and entertainment company, engages in radio broadcasting business in the United States. 3 The company owns and operates radio stations in various formats, such as news, sports, talk, classic rock, urban, adult contemporary, alternative, country, and others. As of February 11, 2019, it had a portfolio of approximately 235 radio stations, digital platforms, and live events. Entercom Communications Corp. was founded in 1968 and is headquartered in Bala Cynwyd, Pennsylvania.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/09 01:29|
|End of Day Share Price||2020/04/08 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.