NYSE:FENG

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Executive Summary

Phoenix New Media Limited provides content on an integrated Internet platform in the People’s Republic of China.


Snowflake Analysis

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

How has Phoenix New Media's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FENG has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.4%

FENG

2.7%

US Interactive Media and Services

2.5%

US Market


1 Year Return

-44.6%

FENG

30.6%

US Interactive Media and Services

16.3%

US Market

Return vs Industry: FENG underperformed the US Interactive Media and Services industry which returned 30.3% over the past year.

Return vs Market: FENG underperformed the US Market which returned 15.8% over the past year.


Shareholder returns

FENGIndustryMarket
7 Day1.4%2.7%2.5%
30 Day-11.2%2.8%5.6%
90 Day5.6%16.2%16.4%
1 Year60.5%-44.6%30.7%30.6%18.8%16.3%
3 Year57.6%-45.7%50.1%49.9%45.1%35.7%
5 Year-25.4%-74.3%122.4%121.9%75.8%56.8%

Price Volatility Vs. Market

How volatile is Phoenix New Media's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Phoenix New Media undervalued compared to its fair value and its price relative to the market?

0.99x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FENG's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FENG's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: FENG is good value based on its PE Ratio (1x) compared to the US Interactive Media and Services industry average (34.6x).

PE vs Market: FENG is good value based on its PE Ratio (1x) compared to the US market (18.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FENG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FENG is good value based on its PB Ratio (0.2x) compared to the US Interactive Media and Services industry average (2.5x).


Next Steps

Future Growth

How is Phoenix New Media forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

20.1%

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 Phoenix New Media 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 Phoenix New Media performed over the past 5 years?

13.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FENG has a large one-off gain of CN¥1.0B impacting its March 31 2020 financial results.

Growing Profit Margin: FENG became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: FENG's earnings have grown by 13.4% per year over the past 5 years.

Accelerating Growth: FENG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: FENG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Interactive Media and Services industry (-37.3%).


Return on Equity

High ROE: FENG's Return on Equity (21.8%) is considered high.


Next Steps

Financial Health

How is Phoenix New Media's financial position?


Financial Position Analysis

Short Term Liabilities: FENG's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.3B).

Long Term Liabilities: FENG's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥270.2M).


Debt to Equity History and Analysis

Debt Level: FENG is debt free.

Reducing Debt: FENG has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.

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

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


Balance Sheet


Next Steps

Dividend

What is Phoenix New Media current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FENG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FENG'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 FENG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FENG'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 FENG'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?

2.2yrs

Average management tenure


CEO

Shuang Liu (51 yo)

12.75yrs

Tenure

Mr. Shuang Liu has been the Chief Operating Officer of Phoenix Media Investment (Holdings) Limited (formerly known as Phoenix Satellite Television Holdings Limited). since February 18, 2014. Mr. Liu is res ...


Leadership Team

NamePositionTenureCompensationOwnership
Shuang Liu
CEO & Director12.75yrsno data2.9%
CN¥ 3.2m
Xiaojing Lu
Chief Financial Officer0.75yrno datano data
Qing Liu
Investor Relations Managerno datano datano data
Ming Zou
VP & Chief Editorno datano datano data
Xiaoyan Chi
Senior VP & Directorno datano datano data
Chun Liu
Senior Vice President1.83yrsno datano data

2.2yrs

Average Tenure

46yo

Average Age

Experienced Management: FENG's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shuang Liu
CEO & Director12.75yrsno data2.9%
CN¥ 3.2m
Xiaoyan Chi
Senior VP & Directorno datano datano data
Carson Wen
Independent Director9.25yrsno datano data
Keung Chui
Chairman of the Board of Directors12.75yrsno datano data
Ka Keung Yeung
Director9.25yrsno datano data
Daguang He
Director11.58yrsno datano data

11.6yrs

Average Tenure

62yo

Average Age

Experienced Board: FENG's board of directors are seasoned and experienced ( 11.6 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Phoenix New Media Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Phoenix New Media Limited
  • Ticker: FENG
  • Exchange: NYSE
  • Founded: 2007
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: US$109.186m
  • Shares outstanding: 72.79m
  • Website: https://www.ifeng.com

Number of Employees


Location

  • Phoenix New Media Limited
  • Sinolight Plaza
  • Floor 16
  • Beijing
  • 100102
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FENGNYSE (New York Stock Exchange)YesSPONSORED ADSUSUSDMay 2011

Biography

Phoenix New Media Limited provides content on an integrated Internet platform in the People’s Republic of China. The company operates in two segments, Net Advertising Services and Paid Services. It offers ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/08 00:33
End of Day Share Price2020/08/07 00:00
Earnings2020/03/31
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.