Townsquare Media Valuation

Is TSQ undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TSQ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TSQ ($10.01) is trading below our estimate of fair value ($21.95)

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


Key Valuation Metric

Which metric is best to use when looking at relative valuation for TSQ?

Key metric: As TSQ is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for TSQ. This is calculated by dividing TSQ's market cap by their current revenue.
What is TSQ's PS Ratio?
PS Ratio0.3x
SalesUS$447.96m
Market CapUS$156.56m

Price to Sales Ratio vs Peers

How does TSQ's PS Ratio compare to its peers?

The above table shows the PS ratio for TSQ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.2x
SSP E.W. Scripps
0.06x-1.6%US$154.2m
SGA Saga Communications
0.7x1.7%US$74.9m
IHRT iHeartMedia
0.09x2.0%US$340.5m
AMCX AMC Networks
0.2x-1.8%US$420.0m
TSQ Townsquare Media
0.3x2.3%US$156.6m

Price-To-Sales vs Peers: TSQ is expensive based on its Price-To-Sales Ratio (0.3x) compared to the peer average (0.2x).


Price to Sales Ratio vs Industry

How does TSQ's PS Ratio compare vs other companies in the US Media Industry?

37 CompaniesPrice / SalesEstimated GrowthMarket Cap
PARA Paramount Global
0.3x1.5%US$8.03b
DISH DISH Network
0.2x-1.3%US$3.08b
ATUS Altice USA
0.1x-2.4%US$1.20b
ADV Advantage Solutions
0.2x-2.5%US$1.04b
TSQ 0.3xIndustry Avg. 1.0xNo. of Companies37PS01.22.43.64.86+
37 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: TSQ is good value based on its Price-To-Sales Ratio (0.3x) compared to the US Media industry average (1x).


Price to Sales Ratio vs Fair Ratio

What is TSQ's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TSQ PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ratio0.4x

Price-To-Sales vs Fair Ratio: TSQ is good value based on its Price-To-Sales Ratio (0.3x) compared to the estimated Fair Price-To-Sales Ratio (0.4x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TSQ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$10.01
US$19.00
+89.8%
10.5%US$21.00US$17.00n/a2
Nov ’25US$9.78
US$19.00
+94.3%
10.5%US$21.00US$17.00n/a2
Oct ’25US$10.32
US$19.00
+84.1%
10.5%US$21.00US$17.00n/a2
Sep ’25US$10.57
US$19.00
+79.8%
10.5%US$21.00US$17.00n/a2
Aug ’25US$11.75
US$19.00
+61.7%
10.5%US$21.00US$17.00n/a2
Jul ’25US$10.96
US$17.00
+55.1%
19.2%US$21.00US$13.00n/a3
Jun ’25US$11.01
US$17.00
+54.4%
19.2%US$21.00US$13.00n/a3
May ’25US$11.95
US$16.83
+40.9%
20.6%US$21.00US$12.50n/a3
Apr ’25US$11.68
US$16.83
+44.1%
20.6%US$21.00US$12.50n/a3
Mar ’25US$10.70
US$17.33
+62.0%
25.9%US$23.00US$12.00n/a3
Feb ’25US$11.02
US$17.33
+57.3%
25.9%US$23.00US$12.00n/a3
Jan ’25US$10.56
US$17.33
+64.1%
25.9%US$23.00US$12.00n/a3
Dec ’24US$10.09
US$17.33
+71.8%
25.9%US$23.00US$12.00n/a3
Nov ’24US$8.48
US$17.33
+104.4%
25.9%US$23.00US$12.00US$9.783
Oct ’24US$8.72
US$17.33
+98.8%
25.9%US$23.00US$12.00US$10.323
Sep ’24US$9.39
US$17.33
+84.6%
25.9%US$23.00US$12.00US$10.573
Aug ’24US$11.63
US$17.17
+47.6%
27.4%US$23.00US$11.50US$11.753
Jul ’24US$11.91
US$17.17
+44.1%
27.4%US$23.00US$11.50US$10.963
Jun ’24US$10.11
US$17.17
+69.8%
27.4%US$23.00US$11.50US$11.013
May ’24US$9.37
US$16.67
+77.9%
31.9%US$23.00US$10.00US$11.953
Apr ’24US$8.00
US$16.67
+108.3%
31.9%US$23.00US$10.00US$11.683
Mar ’24US$7.21
US$18.67
+158.9%
19.7%US$23.00US$14.00US$10.703
Feb ’24US$7.36
US$18.67
+153.6%
19.7%US$23.00US$14.00US$11.023
Jan ’24US$7.25
US$18.67
+157.5%
19.7%US$23.00US$14.00US$10.563
Dec ’23US$7.39
US$18.67
+152.6%
19.7%US$23.00US$14.00US$10.093
Nov ’23US$7.62
US$21.33
+180.0%
26.1%US$29.00US$16.00US$8.483

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


Discover undervalued companies