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Shaw Communications

Executive Summary

Shaw Communications Inc. operates as a connectivity company in North America. More Details

Snowflake Analysis

6 star dividend payer and undervalued.

Similar Companies

Share Price & News

How has Shaw Communications's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: SJR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: SJR's weekly volatility (2%) has been stable over the past year.

Market Performance

7 Day Return




US Media


US Market

1 Year Return




US Media


US Market

Return vs Industry: SJR underperformed the US Media industry which returned 28.6% over the past year.

Return vs Market: SJR underperformed the US Market which returned 38.9% over the past year.

Shareholder returns

7 Day-0.9%0.7%-4.6%
30 Day1.5%6.9%0.6%
90 Day-0.7%8.0%1.9%
1 Year5.6%0.3%33.8%31.9%41.5%38.5%
3 Year3.7%-10.0%50.2%43.9%56.7%46.7%
5 Year24.6%-1.0%88.3%74.3%123.5%98.6%

Long-Term Price Volatility Vs. Market

How volatile is Shaw Communications's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is Shaw 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: SJR ($17.41) is trading below our estimate of fair value ($33.63)

Significantly Below Fair Value: SJR is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: SJR is good value based on its PE Ratio (16.9x) compared to the US Media industry average (29.5x).

PE vs Market: SJR is good value based on its PE Ratio (16.9x) compared to the US market (21.2x).

Price to Earnings Growth Ratio

PEG Ratio: SJR is poor value based on its PEG Ratio (5.2x)

Price to Book Ratio

PB vs Industry: SJR is good value based on its PB Ratio (1.9x) compared to the US Media industry average (2.2x).

Next Steps

Future Growth

How is Shaw Communications forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SJR's forecast earnings growth (3.3% per year) is above the savings rate (2%).

Earnings vs Market: SJR's earnings (3.3% per year) are forecast to grow slower than the US market (20.2% per year).

High Growth Earnings: SJR's earnings are forecast to grow, but not significantly.

Revenue vs Market: SJR's revenue (1.6% per year) is forecast to grow slower than the US market (10.4% per year).

High Growth Revenue: SJR's revenue (1.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: SJR's Return on Equity is forecast to be low in 3 years time (11.2%).

Next Steps

Past Performance

How has Shaw Communications performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SJR has high quality earnings.

Growing Profit Margin: SJR's current net profit margins (12.6%) are lower than last year (13%).

Past Earnings Growth Analysis

Earnings Trend: SJR's earnings have grown by 5.7% per year over the past 5 years.

Accelerating Growth: SJR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SJR had negative earnings growth (-2.6%) over the past year, making it difficult to compare to the Media industry average (-20%).

Return on Equity

High ROE: SJR's Return on Equity (11.2%) is considered low.

Next Steps

Financial Health

How is Shaw Communications's financial position?

Financial Position Analysis

Short Term Liabilities: SJR's short term assets (CA$1.3B) do not cover its short term liabilities (CA$1.5B).

Long Term Liabilities: SJR's short term assets (CA$1.3B) do not cover its long term liabilities (CA$8.3B).

Debt to Equity History and Analysis

Debt Level: SJR's debt to equity ratio (77%) is considered high.

Reducing Debt: SJR's debt to equity ratio has reduced from 98.2% to 77% over the past 5 years.

Debt Coverage: SJR's debt is well covered by operating cash flow (39.6%).

Interest Coverage: SJR's interest payments on its debt are well covered by EBIT (4.4x coverage).

Balance Sheet

Next Steps


What is Shaw Communications's current dividend yield, its reliability and sustainability?


Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: SJR's dividend (5.3%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: SJR's dividend (5.3%) is in the top 25% of dividend payers in the US market (3.72%)

Stability and Growth of Payments

Stable Dividend: SJR's dividends per share have been stable in the past 10 years.

Growing Dividend: SJR's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (89.5%), SJR's payments are covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: SJR's dividends in 3 years are forecast to be covered by earnings (84.2% payout ratio).

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Brad Shaw (56 yo)





Mr. Bradley S. Shaw, also known as Brad, serves as Executive Chairman at Shaw Communications Inc. since March 23, 2020, and has been its Chief Executive Officer since November 17, 2010. Mr. Shaw served as ...

CEO Compensation Analysis

Compensation vs Market: Brad's total compensation ($USD5.41M) is about average for companies of similar size in the US market ($USD6.26M).

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

Leadership Team

Bradley Shaw
Executive Chairman & CEO10.25yrsCA$6.87m1.44%
CA$ 129.8m
Paul McAleese
CA$ 74.1k
Trevor English
Executive VP and Chief Financial & Corporate Development Officer2.75yrsCA$4.50m0.0081%
CA$ 736.0k
Zoran Stakic
COO & CTO2.75yrsCA$4.30m0.00044%
CA$ 39.7k
Katherine Emberly
President of Business0.42yrCA$3.26m0.0030%
CA$ 268.2k
Peter Johnson
Executive VP and Chief Legal & Regulatory Officer4.92yrsno data0.010%
CA$ 920.3k
Dan Markou
Executive VP and Chief People & Culture Officer2.75yrsno data0.0032%
CA$ 292.6k
Paul Deverell
President of Consumer0.42yrno data0.00050%
CA$ 45.2k
Nancy Phillips
CEO & President of ViaWestno datano datano data
Chethan Lakshman
Vice President of External Affairsno datano datano data


Average Tenure


Average Age

Experienced Management: SJR's management team is considered experienced (2.8 years average tenure).

Board Members

Bradley Shaw
Executive Chairman & CEO10.25yrsCA$6.87m1.44%
CA$ 129.8m
Peter Bissonnette
Independent Director12.08yrsCA$212.75k0.082%
CA$ 7.4m
Michael O'Brien
Independent Corporate Director17.33yrsCA$332.22k0.0069%
CA$ 620.4k
G. Sievert
Independent Director3.08yrsCA$284.50kno data
Carl Vogel
Independent Director14.33yrsCA$320.68k0.0069%
CA$ 624.1k
Jeffrey Royer
Independent Director26.08yrsCA$324.37k0.49%
CA$ 43.9m
Richard Green
Independent Corporate Director10.58yrsCA$358.47kno data
Adrian Burns
Independent Director20.08yrsCA$282.16k0.0017%
CA$ 153.5k
Paul Pew
Independent Lead Director6.08yrsCA$364.02k0.026%
CA$ 2.3m
Sheila Weatherill
Independent Corporate Director12.08yrsCA$292.69kno data
Gregory Keating
Independent Corporate Director14.08yrsCA$287.80k0.014%
CA$ 1.3m
Christina Clark
Independent Corporate Director2.67yrsCA$209.83kno data


Average Tenure


Average Age

Experienced Board: SJR's board of directors are seasoned and experienced ( 12.1 years average tenure).


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

Shaw Communications Inc.'s company bio, employee growth, exchange listings and data sources

Key Information

  • Name: Shaw Communications Inc.
  • Ticker: SJR
  • Exchange: NYSE
  • Founded: 1966
  • Industry: Cable and Satellite
  • Sector: Media
  • Market Cap: CA$11.470b
  • Listing Market Cap: CA$9.031b
  • Shares outstanding: 506.76m
  • Website: https://www.shaw.ca

Number of Employees


  • Shaw Communications Inc.
  • 630–3rd Avenue SW
  • Suite 900
  • Calgary
  • Alberta
  • T2P 4L4
  • Canada


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SJRNYSE (New York Stock Exchange)YesClass B Non-Voting SharesUSUSDMar 1983
SJR.BTSX (The Toronto Stock Exchange)YesClass B Non-Voting SharesCACADMar 1983
SWCDB (Deutsche Boerse AG)YesClass B Non-Voting SharesDEEURMar 1983
SJR.ATSXV (TSX Venture Exchange)Class A SharesCACADSep 1988
SJRW.FOTCPK (Pink Sheets LLC)Class A SharesUSUSDSep 1988
SJR.PRATSX (The Toronto Stock Exchange)CV PFD CL 2-ACACADMay 2011
SJR.PRBTSX (The Toronto Stock Exchange)PFD CL 2 SER BCACADJul 2016


Shaw Communications Inc. operates as a connectivity company in North America. The company operates through Wireline and Wireless segments. The Wireline segment provides cable telecommunications services, i...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/26 23:09
End of Day Share Price2021/02/26 00:00
Annual Earnings2020/08/31

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.