NYSE:NYT

Stock Analysis Report

Executive Summary

The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide.

Snowflake

Fundamentals

Flawless balance sheet with solid track record.

Risks

  • New York Times has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.2%

NYSE:NYT

1.3%

US Media

0.9%

US Market


1 Year Return

21.1%

NYSE:NYT

14.4%

US Media

0.3%

US Market

NYT outperformed the Media industry which returned 14% over the past year.

NYT outperformed the Market in United States of America which returned -0.5% over the past year.


Share holder returns

NYTIndustryMarket
7 Day0.2%1.3%0.9%
30 Day-17.8%-3.9%-1.9%
90 Day-17.7%-0.2%1.6%
1 Year21.9%21.1%15.9%14.4%2.6%0.3%
3 Year121.9%116.3%24.4%19.2%41.0%31.8%
5 Year143.0%131.1%32.0%21.5%55.2%38.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is New York Times undervalued based on future cash flows and its price relative to the stock market?

33%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

New York Times's share price is below the future cash flow value, and at a moderate discount (> 20%).

New York Times's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

New York Times is overvalued based on earnings compared to the US Media industry average.

New York Times is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for New York Times, we can't assess if its growth is good value.


Price Based on Value of Assets

New York Times is overvalued based on assets compared to the US Media industry average.


Next Steps

Future Growth

How is New York Times expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

7.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

New York Times's revenue is expected to grow by 6.3% yearly, however this is not considered high growth (20% yearly).

New York Times's earnings are expected to grow by 7.5% yearly, however this is not considered high growth (20% yearly).

New York Times's revenue growth is positive but not above the United States of America market average.

New York Times's earnings growth is positive but not above the United States of America market average.

New York Times's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

New York Times is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has New York Times performed over the past 5 years?

20.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

New York Times has delivered over 20% year on year earnings growth in the past 5 years.

New York Times's 1-year earnings growth exceeds its 5-year average (534.1% vs 20.9%)

New York Times's earnings growth has exceeded the US Media industry average in the past year (534.1% vs -32.5%).


Return on Equity

New York Times has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

New York Times used its assets more efficiently than the US Media industry average last year based on Return on Assets.


Return on Capital Employed

New York Times has improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is New York Times's financial position?


Financial Position Analysis

New York Times is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

New York Times's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

New York Times's level of debt (22.8%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (79.2% vs 22.8% today).

Debt is well covered by operating cash flow (58%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 15.3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 3.7x debt.


Next Steps

Dividend

What is New York Times's current dividend yield, its reliability and sustainability?

0.77%

Expected Dividend Yield


Dividend Yield and Payments Analysis

New York Times's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

New York Times's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).

New York Times is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.

New York Times is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of New York Times's dividends as it is not paying a notable one for United States of America.


Future Payout to Shareholders

No need to calculate the sustainability of New York Times's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of New York Times's salary, the management and board of directors tenure and is there insider trading?

3.3yrs

Average management tenure


CEO

Mark J. Thompson (61yo)

6.8yrs

Tenure

US$6,138,483

Compensation

Mr. Mark J. T. Thompson has been the Chief Executive Officer and President of The New York Times Company since November 12, 2012. Mr. Thompson served as the Non-Executive Chairman at BBC Worldwide Limited  ...


CEO Compensation Analysis

Mark J.'s remuneration is about average for companies of similar size in United States of America.

Mark J.'s compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.3yrs

Average Tenure

54.5yo

Average Age

The tenure for the New York Times management team is about average.


Board Age and Tenure

6.7yrs

Average Tenure

56.5yo

Average Age

The tenure for the New York Times board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$1,542,15020 May 19
Mark J. Thompson
EntityIndividual
Role
Chief Executive Officer
President
Shares45,000
Max PriceUS$34.27
SellUS$336,06620 May 19
R. Benten
EntityIndividual
Shares9,815
Max PriceUS$34.24
SellUS$33,10011 Mar 19
Arthur Sulzberger
EntityIndividual
Role
Member of the Board of Directors
Publisher & Director
Shares1,000
Max PriceUS$33.10
SellUS$2,265,02528 Feb 19
Mark J. Thompson
EntityIndividual
Role
Chief Executive Officer
President
Shares70,000
Max PriceUS$32.36
SellUS$789,54628 Feb 19
Meredith Kopit Levien
EntityIndividual
Role
Chief Operating Officer
Executive VP & COO
Shares24,362
Max PriceUS$32.41
SellUS$1,035,96019 Nov 18
Mark J. Thompson
EntityIndividual
Role
Chief Executive Officer
President
Shares40,000
Max PriceUS$25.90
SellUS$14,01007 Nov 18
Doreen Toben
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares500
Max PriceUS$28.02
SellUS$2,057,68821 Sep 18
Inversora Carso, S.A. de C.V.
EntityCompany
Shares90,000
Max PriceUS$22.86

Ownership Breakdown


Management Team

  • Eileen Murphy

    Senior Vice President of Communications

    • Tenure: 0.0yrs
  • Mark J. Thompson (61yo)

    President

    • Tenure: 6.8yrs
    • Compensation: US$6.14m
  • Steven Erlanger (66yo)

    Chief Diplomatic Correspondent - Europe

    • Tenure: 17.6yrs
  • Roland Caputo (59yo)

    Executive VP & CFO

    • Tenure: 1.4yrs
    • Compensation: US$1.59m
  • Nick Rockwell

    Executive VP & CTO

    • Tenure: 3.8yrs
  • Diane Brayton (50yo)

    Executive VP

    • Tenure: 2.6yrs
    • Compensation: US$1.38m
  • Meredith Kopit Levien (48yo)

    Executive VP & COO

    • Tenure: 2.2yrs
    • Compensation: US$3.07m
  • William Bardeen

    Senior VP & Chief Strategy Officer

    • Tenure: 6.3yrs
  • Arthur Sulzberger (39yo)

    Publisher & Director

    • Tenure: 1.6yrs
    • Compensation: US$1.49m
  • Harlan Toplitzky

    Executive Director of Investor Relations and Financial Planning & Analysis

    • Tenure: 0.0yrs

Board Members

  • Joi Ito (53yo)

    Independent Director

    • Tenure: 7.2yrs
    • Compensation: US$176.00k
  • Arthur Sulzberger (67yo)

    Chairman of the Board

    • Tenure: 21.8yrs
    • Compensation: US$180.00k
  • Bob Denham (74yo)

    Presiding Director

    • Tenure: 6.6yrs
    • Compensation: US$206.00k
  • Doreen Toben (69yo)

    Independent Director

    • Tenure: 15.3yrs
    • Compensation: US$190.00k
  • Mark J. Thompson (61yo)

    President

    • Tenure: 6.8yrs
    • Compensation: US$6.14m
  • David Perpich (41yo)

    Director

    • Tenure: 0.3yrs
  • Brian McAndrews (60yo)

    Independent Director

    • Tenure: 7.2yrs
    • Compensation: US$172.00k
  • Rebecca Van Dyck (49yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: US$164.77k
  • Hays Golden (34yo)

    Director

    • Tenure: 2.3yrs
    • Compensation: US$160.00k
  • Arthur Sulzberger (39yo)

    Publisher & Director

    • Tenure: 1.6yrs
    • Compensation: US$1.49m

Company Information

The New York Times Company's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: The New York Times Company
  • Ticker: NYT
  • Exchange: NYSE
  • Founded: 1896
  • Industry: Publishing
  • Sector: Media
  • Market Cap: US$4.726b
  • Shares outstanding: 166.01m
  • Website: https://www.nytco.com

Number of Employees


Location

  • The New York Times Company
  • 620 Eighth Avenue
  • New York
  • New York
  • 10018
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NYTNYSE (New York Stock Exchange)YesClass A Common StockUSUSDJan 1969
NYTDB (Deutsche Boerse AG)YesClass A Common StockDEEURJan 1969

Biography

The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide. The company offers The New York Times (The Times), a da ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 23:42
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/30


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.