NYSE:NYT

Stock Analysis Report

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Executive Summary

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


Snowflake Analysis

Flawless balance sheet with proven track record.


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

Stable Share Price: NYT's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.6%

NYT

1.2%

US Media

1.9%

US Market


1 Year Return

60.6%

NYT

5.2%

US Media

16.4%

US Market

Return vs Industry: NYT exceeded the US Media industry which returned 4.9% over the past year.

Return vs Market: NYT exceeded the US Market which returned 16.3% over the past year.


Shareholder returns

NYTIndustryMarket
7 Day-0.6%1.2%1.9%
30 Day5.5%7.8%4.5%
90 Day22.8%17.5%17.6%
1 Year61.7%60.6%6.8%5.2%18.9%16.4%
3 Year154.4%149.2%6.6%2.3%44.1%34.8%
5 Year263.8%247.9%44.5%34.5%75.3%56.3%

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 compared to its fair value and its price relative to the market?

12.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NYT ($45.61) is trading above our estimate of fair value ($25.32)

Significantly Below Fair Value: NYT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: NYT is poor value based on its PE Ratio (53.8x) compared to the US Media industry average (14.7x).

PE vs Market: NYT is poor value based on its PE Ratio (53.8x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: NYT is overvalued based on its PB Ratio (6.2x) compared to the US Media industry average (1.5x).


Next Steps

Future Growth

How is New York Times forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

6.3%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if NYT's forecast earnings growth is above the savings rate (2.2%).

Earnings vs Market: Insufficient data to determine if NYT's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NYT's revenue (6% per year) is forecast to grow slower than the US market (9.4% per year).

High Growth Revenue: NYT's revenue (6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NYT's Return on Equity is forecast to be low in 3 years time (14.7%).


Next Steps

Past Performance

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

28.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NYT has high quality earnings.

Growing Profit Margin: NYT's current net profit margins (8.1%) are higher than last year (7.7%).


Past Earnings Growth Analysis

Earnings Trend: NYT's earnings have grown significantly by 28.5% per year over the past 5 years.

Accelerating Growth: NYT's earnings growth over the past year (4.2%) is below its 5-year average (28.5% per year).

Earnings vs Industry: NYT earnings growth over the past year (4.2%) exceeded the Media industry -3.6%.


Return on Equity

High ROE: NYT's Return on Equity (11.5%) is considered low.


Next Steps

Financial Health

How is New York Times's financial position?


Financial Position Analysis

Short Term Liabilities: NYT's short term assets ($682.5M) exceed its short term liabilities ($371.1M).

Long Term Liabilities: NYT's short term assets ($682.5M) exceed its long term liabilities ($456.2M).


Debt to Equity History and Analysis

Debt Level: NYT is debt free.

Reducing Debt: NYT has no debt compared to 5 years ago when its debt to equity ratio was 49.9%.

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

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


Balance Sheet


Next Steps

Dividend

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

0.53%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NYT's dividend (0.53%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.62%).

High Dividend: NYT's dividend (0.53%) is low compared to the top 25% of dividend payers in the US market (4.36%).


Stability and Growth of Payments

Stable Dividend: NYT is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: NYT is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: NYT is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NYT'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?

3.7yrs

Average management tenure


CEO

Mark J. Thompson (62 yo)

7.75yrs

Tenure

US$6,144,106

Compensation

Mr. Mark J. T. Thompson serves as the Member of NYSE Board Advisory Council at New York Stock Exchange LLC since May 2020. He has been the Chief Executive Officer and President of The New York Times Compan ...


CEO Compensation Analysis

Compensation vs Market: Mark J.'s total compensation ($USD6.14M) is about average for companies of similar size in the US market ($USD7.26M).

Compensation vs Earnings: Mark J.'s compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Mark J. Thompson
President7.75yrsUS$6.14m0.24%
$ 18.4m
Roland Caputo
Executive VP & CFO2.42yrsUS$2.50m0.024%
$ 1.8m
Meredith Kopit Levien
Executive VP & COO3.17yrsUS$3.11m0.040%
$ 3.0m
Diane Brayton
Executive VP3.58yrsUS$1.64m0.015%
$ 1.1m
Arthur Sulzberger
Publisher of The New York Times & Director2.58yrsUS$2.08m0.028%
$ 2.1m
R. Benten
Senior VP1.58yrsno data0.025%
$ 1.9m
Harlan Toplitzky
Executive Director of Investor Relations and Financial Planning & Analysisno datano datano data
Eileen Murphy
Senior Vice President of Communicationsno datano datano data
William Bardeen
Senior VP & Chief Strategy Officer7.33yrsno datano data
David Rubin
Chief Marketing Officerno datano datano data
Steven Erlanger
Chief Diplomatic Correspondent - Europe18.58yrsno datano data
Anthony Tommasini
Chief Classical Music Criticno datano datano data

3.7yrs

Average Tenure

57yo

Average Age

Experienced Management: NYT's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mark J. Thompson
President7.75yrsUS$6.14m0.24%
$ 18.4m
Arthur Sulzberger
Publisher of The New York Times & Director2.58yrsUS$2.08m0.028%
$ 2.1m
David Perpich
Head of Standalone Products & Director1.25yrsno data0.081%
$ 6.2m
Arthur Sulzberger
Chairman of the Board22.83yrsUS$173.00k0.26%
$ 19.6m
John Rogers
Independent Director2.33yrsUS$199.65k0.012%
$ 912.7k
Robert Denham
Independent Director12.33yrsUS$217.45k0.015%
$ 1.1m
Doreen Toben
Independent Director16.33yrsUS$213.00k0.0021%
$ 158.2k
Rachel Glaser
Independent Director2.58yrsUS$203.00k0.0021%
$ 158.2k
Brian McAndrews
Independent Presiding Directorno dataUS$211.62k0.0040%
$ 301.9k
Rebecca Van Dyck
Independent Director5.25yrsUS$195.00k0.0021%
$ 158.2k
Hays Golden
Director3.33yrsUS$183.00k0.043%
$ 3.3m
Amanpal Bhutani
Independent Director1.92yrsUS$199.00k0.0021%
$ 158.2k

3.3yrs

Average Tenure

59.5yo

Average Age

Experienced Board: NYT's board of directors are considered experienced (3.3 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

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: 1851
  • Industry: Publishing
  • Sector: Media
  • Market Cap: US$7.606b
  • Shares outstanding: 166.76m
  • 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. It offers The New York Times (The Times), a daily and S ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/10 01:45
End of Day Share Price2020/08/07 00:00
Earnings2020/06/28
Annual Earnings2019/12/29


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.