Entercom Communications Corp., a media and entertainment company, engages in radio broadcasting business in the United States. More Details
Reasonable growth potential and fair value.
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 is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: ETM's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.
7 Day Return
1 Year Return
Return vs Industry: ETM underperformed the US Media industry which returned 13.9% over the past year.
Return vs Market: ETM underperformed the US Market which returned 20.7% over the past year.
Long-Term 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
3 weeks ago | Simply Wall StWhat Does Entercom Communications' (NYSE:ETM) CEO Pay Reveal?
1 month ago | Simply Wall StHere's Why Entercom Communications (NYSE:ETM) Is Weighed Down By Its Debt Load
2 months ago | Simply Wall StDavid Field Is The Chairman of Entercom Communications Corp. (NYSE:ETM) And They Just Picked Up 9.2% More Shares
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 ($2.73) is trading below our estimate of fair value ($5.36)
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 US 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 (0.5x) compared to the US Media industry average (1.8x).
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 (2.2%).
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 (11.1% per year) is forecast to grow faster than the US market (10.2% per year).
High Growth Revenue: ETM's revenue (11.1% 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 58.1% 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 (-12.2%).
Return on Equity
High ROE: ETM has a negative Return on Equity (-70.59%), as it is currently unprofitable.
How is Entercom Communications's financial position?
Financial Position Analysis
Short Term Liabilities: ETM's short term assets ($316.6M) exceed its short term liabilities ($188.5M).
Long Term Liabilities: ETM's short term assets ($316.6M) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: ETM's debt to equity ratio (206.9%) is considered high.
Reducing Debt: ETM's debt to equity ratio has increased from 134.7% to 206.9% 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, due to free cash flow being positive and growing by 3.1% per year.
What is Entercom Communications's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ETM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ETM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if ETM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ETM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ETM is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ETM's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Field (57 yo)
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 ($USD1.79M).
Compensation vs Earnings: David's compensation has increased whilst the company is unprofitable.
|Executive VP & CFO||3.58yrs||US$1.77m||0.37% |
|Executive VP||7.83yrs||US$933.18k||0.046% |
|Senior Executive Advisor & Director||0.67yr||US$1.05m||0.40% |
|Chief Revenue Officer||3yrs||US$945.53k||0.15% |
|Executive VP & COO||0.50yr||no data||0.068% |
|Chief Accounting Officer & Controller||1.17yrs||no data||0.042% |
|Chief Information Officer||0.17yr||no data||no data|
|President of Sales||no data||no data||no data|
|Executive Vice President of Corporate Business Development||2.83yrs||no data||no data|
|Chief Marketing Officer||1.83yrs||no data||no data|
|Vice President of Human Resources||no data||no data||no data|
Experienced Management: ETM's management team is considered experienced (2.3 years average tenure).
|Senior Executive Advisor & Director||0.67yr||US$1.05m||0.40% |
|Independent Director||7yrs||US$267.31k||0.076% |
|Chairman Emeritus||3yrs||US$243.49k||11.24% |
|Independent Lead Director||3.08yrs||US$282.31k||0.097% |
|Independent Director||3yrs||US$222.31k||0.026% |
|Independent Director||5.5yrs||US$212.31k||0.023% |
|Independent Director||6.67yrs||US$217.31k||0.075% |
|Independent Director||1.92yrs||US$203.39k||0.050% |
|Independent Director||3yrs||US$212.31k||0.080% |
Experienced Board: ETM's board of directors are considered experienced (3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ETM insiders have sold more shares than they have bought 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$376.700m
- Shares outstanding: 137.99m
- Website: https://www.entercom.com
Number of Employees
- Entercom Communications Corp.
- 2400 Market Street
- 4th Floor
- 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. The company owns and operates radio stations in various formats, such as news,...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/29 00:01|
|End of Day Share Price||2020/11/27 00:00|