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iHeartMedia

OTCPK:IHTM
Snowflake Description

Undervalued with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IHTM
OTCPK
$1B
Market Cap
  1. Home
  2. US
  3. Media
Company description

iHeartMedia, Inc. operates as a media and entertainment company worldwide. The last earnings update was 85 days ago. More info.


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IHTM Share Price and Events
7 Day Returns
-4.2%
OTCPK:IHTM
0.4%
US Media
-0.3%
US Market
1 Year Returns
-
OTCPK:IHTM
21.9%
US Media
3.4%
US Market
IHTM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
iHeartMedia (IHTM) -4.2% 0% - - - -
US Media 0.4% 4.1% 4.9% 21.9% 25% 26.5%
US Market -0.3% 2.9% 2.1% 3.4% 36.2% 41.3%
1 Year Return vs Industry and Market
  • No trading data on IHTM.
  • No trading data on IHTM.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

IHTM Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of iHeartMedia to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for iHeartMedia.

OTCPK:IHTM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 14.7%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:IHTM
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Media Unlevered Beta Simply Wall St/ S&P Global 0.76
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.764 (1 + (1- 21%) (2179.05%))
9.65
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (2 * 5.96%)
14.65%

Discounted Cash Flow Calculation for OTCPK:IHTM using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for iHeartMedia is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:IHTM DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 14.65%)
2020 1,095.27 Est @ 90.42% 955.31
2021 1,797.44 Est @ 64.11% 1,367.43
2022 2,618.80 Est @ 45.7% 1,737.72
2023 3,477.93 Est @ 32.81% 2,012.91
2024 4,305.09 Est @ 23.78% 2,173.26
2025 5,057.08 Est @ 17.47% 2,226.67
2026 5,716.83 Est @ 13.05% 2,195.52
2027 6,285.73 Est @ 9.95% 2,105.54
2028 6,775.07 Est @ 7.78% 1,979.46
2029 7,199.76 Est @ 6.27% 1,834.75
Present value of next 10 years cash flows $18,588.58
OTCPK:IHTM DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $7,199.76 × (1 + 2.73%) ÷ (14.65% – 2.73%)
$62,049.60
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $62,049.60 ÷ (1 + 14.65%)10
$15,812.42
OTCPK:IHTM Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $18,588.58 + $15,812.42
$34,401.00
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $34,401.00 / 63.83
$538.95
OTCPK:IHTM Discount to Share Price
Calculation Result
Value per share (USD) From above. $538.95
Current discount Discount to share price of $16.50
= -1 x ($16.50 - $538.95) / $538.95
96.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price iHeartMedia is available for.
Intrinsic value
>50%
Share price is $16.5 vs Future cash flow value of $538.95
Current Discount Checks
For iHeartMedia to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • iHeartMedia's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • iHeartMedia's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for iHeartMedia's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are iHeartMedia's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:IHTM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $1.18
OTCPK:IHTM Share Price ** OTCPK (2019-07-18) in USD $16.5
United States of America Media Industry PE Ratio Median Figure of 42 Publicly-Listed Media Companies 18.27x
United States of America Market PE Ratio Median Figure of 3,083 Publicly-Listed Companies 17.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of iHeartMedia.

OTCPK:IHTM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:IHTM Share Price ÷ EPS (both in USD)

= 16.5 ÷ 1.18

14.01x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • iHeartMedia is good value based on earnings compared to the US Media industry average.
  • iHeartMedia is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does iHeartMedia's expected growth come at a high price?
Raw Data
OTCPK:IHTM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 14.01x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
61.3%per year
United States of America Media Industry PEG Ratio Median Figure of 33 Publicly-Listed Media Companies 1.24x
United States of America Market PEG Ratio Median Figure of 2,124 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

OTCPK:IHTM PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 14.01x ÷ 61.3%

0.23x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • iHeartMedia is good value based on expected growth next year.
Price based on value of assets
What value do investors place on iHeartMedia's assets?
Raw Data
OTCPK:IHTM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $-127.44
OTCPK:IHTM Share Price * OTCPK (2019-07-18) in USD $16.5
United States of America Media Industry PB Ratio Median Figure of 74 Publicly-Listed Media Companies 1.95x
United States of America Market PB Ratio Median Figure of 5,245 Publicly-Listed Companies 1.8x
OTCPK:IHTM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:IHTM Share Price ÷ Book Value per Share (both in USD)

= 16.5 ÷ -127.44

-0.13x

* Primary Listing of iHeartMedia.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • iHeartMedia has negative assets, we can't compare the value of its assets to the US Media industry average.
X
Value checks
We assess iHeartMedia's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Media industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Media industry average (and greater than 0)? (1 check)
  5. iHeartMedia has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

IHTM Future Performance

 How is iHeartMedia expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
61.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is iHeartMedia expected to grow at an attractive rate?
  • iHeartMedia's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • iHeartMedia's earnings growth is expected to exceed the United States of America market average.
  • iHeartMedia's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:IHTM Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:IHTM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 61.3%
OTCPK:IHTM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts -20.5%
United States of America Media Industry Earnings Growth Rate Market Cap Weighted Average 14.6%
United States of America Media Industry Revenue Growth Rate Market Cap Weighted Average 3.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.1%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:IHTM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:IHTM Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 3,905 405 2
2019-12-31 3,168 319 2
OTCPK:IHTM Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 6,338 880 101
2018-12-31 6,326 967 -202
2018-09-30 6,266 730 2
2018-06-30 6,220 406 -319
2018-03-31 6,209 113 -425
2017-12-31 6,168 -491 -398
2017-09-30 6,172 -299 -711
2017-06-30 6,202 -286 -495
2017-03-31 6,228 -202 -598
2016-12-31 6,251 -16 -302
2016-09-30 6,260 13 -496
2016-06-30 6,273 -19 -683

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • iHeartMedia's earnings are expected to grow significantly at over 20% yearly.
  • iHeartMedia's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:IHTM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from iHeartMedia Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:IHTM Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 2.77 2.77 2.77 1.00
2019-12-31 2.20 2.20 2.20 1.00
OTCPK:IHTM Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 1.18
2018-12-31 -2.36
2018-09-30 0.02
2018-06-30 -3.74
2018-03-31 -5.00
2017-12-31 -4.68
2017-09-30 -8.38
2017-06-30 -5.84
2017-03-31 -7.06
2016-12-31 -3.57
2016-09-30 -5.87
2016-06-30 -8.09

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if iHeartMedia will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess iHeartMedia's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
iHeartMedia has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

IHTM Past Performance

  How has iHeartMedia performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare iHeartMedia's growth in the last year to its industry (Media).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • iHeartMedia has delivered over 20% year on year earnings growth in the past 5 years.
  • iHeartMedia has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • iHeartMedia has become profitable in the last year making it difficult to compare the US Media industry average.
Earnings and Revenue History
iHeartMedia's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from iHeartMedia Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:IHTM Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 6,338.03 100.70 2,212.42
2018-12-31 6,325.78 -201.91 2,233.72
2018-09-30 6,266.42 1.93 2,208.33
2018-06-30 6,220.41 -318.64 2,183.14
2018-03-31 6,208.76 -425.28 2,176.86
2017-12-31 6,168.43 -398.06 2,154.12
2017-09-30 6,172.48 -710.77 2,095.65
2017-06-30 6,202.31 -495.28 2,083.42
2017-03-31 6,227.59 -597.64 2,076.23
2016-12-31 6,251.00 -302.06 2,067.19
2016-09-30 6,260.43 -495.67 2,032.19
2016-06-30 6,273.36 -682.59 2,022.76
2016-03-31 6,258.75 -458.15 2,004.98
2015-12-31 6,241.52 -754.77 1,990.70
2015-09-30 6,239.73 -729.44 1,975.29
2015-06-30 6,290.25 -622.37 1,972.85
2015-03-31 6,320.55 -754.54 1,955.12
2014-12-31 6,318.53 -793.76 1,952.67
2014-09-30 6,297.10 -1,034.90 1,930.44
2014-06-30 6,254.59 -1,021.90 1,914.62
2014-03-31 6,242.53 -828.07 1,909.49
2013-12-31 6,243.04 -609.45 1,907.45
2013-09-30 6,245.01 -491.77 1,912.33
2013-06-30 6,244.82 -440.79 1,923.86
2013-03-31 6,229.22 -487.40 1,892.98
2012-12-31 6,246.88 -432.94 1,882.33
2012-09-30 6,203.34 -284.81 1,867.18

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if iHeartMedia has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • iHeartMedia used its assets less efficiently than the US Media industry average last year based on Return on Assets.
  • iHeartMedia's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess iHeartMedia's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Media industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
iHeartMedia has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

IHTM Health

 How is iHeartMedia's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up iHeartMedia's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • iHeartMedia is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • iHeartMedia's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of iHeartMedia's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • iHeartMedia has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from iHeartMedia Company Filings, last reported 3 months ago.

OTCPK:IHTM Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 -11,566.11 20,483.86 448.13
2018-12-31 -11,560.34 20,472.92 412.77
2018-09-30 -11,793.24 20,423.79 311.16
2018-06-30 -11,862.33 20,546.74 261.76
2018-03-31 -11,752.67 20,787.68 297.41
2017-12-31 -11,344.34 20,649.18 274.63
2017-09-30 -11,677.72 20,614.90 286.37
2017-06-30 -11,442.21 20,380.88 260.47
2017-03-31 -11,291.30 20,370.46 365.04
2016-12-31 -10,885.48 20,364.99 847.75
2016-09-30 -10,962.78 20,454.40 542.91
2016-06-30 -10,930.21 20,784.67 951.85
2016-03-31 -10,689.85 20,754.41 978.54
2015-12-31 -10,606.68 20,720.61 775.86
2015-09-30 -10,474.04 20,588.42 382.85
2015-06-30 -10,240.78 20,374.53 387.45
2015-03-31 -10,153.68 20,486.04 289.01
2014-12-31 -9,665.21 20,326.02 461.49
2014-09-30 -9,506.21 20,484.78 522.36
2014-06-30 -9,315.24 20,672.07 798.44
2014-03-31 -9,127.95 20,424.39 660.74
2013-12-31 -8,696.64 20,484.21 713.28
2013-09-30 -8,370.75 20,411.24 711.05
2013-06-30 -8,289.16 20,439.51 704.17
2013-03-31 -8,209.70 20,479.44 721.57
2012-12-31 -7,995.19 20,824.04 1,229.23
2012-09-30 -7,847.34 20,839.96 1,296.64
  • iHeartMedia has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if iHeartMedia's debt level has increased considering it has negative shareholder equity.
  • Debt is not well covered by operating cash flow (4.3%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.6x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess iHeartMedia's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. iHeartMedia has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

IHTM Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from iHeartMedia dividends.
If you bought $2,000 of iHeartMedia shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate iHeartMedia's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate iHeartMedia's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:IHTM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Media Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2017 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:IHTM Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as iHeartMedia has not reported any payouts.
  • Unable to verify if iHeartMedia's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of iHeartMedia's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as iHeartMedia has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess iHeartMedia's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can iHeartMedia afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. iHeartMedia has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

IHTM Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bob Pittman
COMPENSATION $13,082,606
AGE 65
TENURE AS CEO 7.8 years
CEO Bio

Mr. Robert W. Pittman, also known as Bob, had been the Chairman of the Board at iHeartMedia, Inc. since May 17, 2013 and has been its Chief Executive Officer since October 2, 2011. Mr. Pittman had been the Chief Executive Officer of Clear Channel Outdoor Holdings Inc.(CCOH) since March 2, 2015. Mr. Pittman was appointed as the Executive Chairman and a Director of Parent and iHeartCommunications on October 2, 2011. He serves as Chief Executive Officer, Chairman and member of the board of managers of Clear Channel Capital I LLC (alternate name iHeartMedia Capital I, LLC) since April 26, 2013. He has been the Chairman at iHeartCommunications, Inc., since May 17, 2013 and its Chief Executive Officer since October 2011. He is a Co-Founder of Pilot Group, LLC. He founded Roberts Radio LLC. He served as the Chief Executive Officer of Clear Channel Media and Entertainment LLC from November 2010 to January 2012 and America Online Latin America Inc. From May 2002 to July 2002, he served as Chief Operating Officer of AOL Time Warner, Inc from May 2002 to July 2002. He served as Co-Chief Operating Officer of AOL Time Warner Inc from January 2001 to May 2002 and earlier, as President and Chief Operating Officer of America Online, Inc. from February 1998 to January 2001. He served as the Chief Operating Officer of Time Warner Entertainment Company, L.P.(TWE) from May 2002 to July 2002. He served as the President, Chief Executive Officer and Chief Operating Officer of America Online Inc. from February 1998 to January 2001. He served as the President and Chief Operating Officer of Redgate Communications Corporation. He served as Co-Chief Operating Officer of Time Warner Inc. He began his career in radio as a disk jockey in Mississippi and ended his radio career as the head of programming for WNBC Radio in New York City in 1979. In the 1980s, he served as President and Chief Executive Officer of Quantum Media. He served as the Chief Executive Officer and Managing Partner of Cendant Corp.'s subsidiary, Century 21 Real Estate Corporation (alternate name Century 21 Real Estate LLC) from October 1995 to October 1996. He served as the President and Chief Executive Officer of AOL Networks from November 1996 to February 1998. He served as the President and Chief Executive Officer of Time Warner Enterprises, a division of TWE. He served as Chief Executive Officer of Clear Channel Outdoor Holdings Inc., from October 1995 to October 1996, MTV Networks Company (alternate name Viacom Media Networks) and Six Flags Theme Parks, Inc. He served as the Chief Executive Officer of Six Flags Entertainment Corporation from December 1991 to September 1995. He has been the Executive Chairman of Clear Channel Outdoor Holdings Inc. since October 2, 2011. He has been a Director of Clear Channel Outdoor Holdings Inc. since October 2, 2011 and Spot Runner, Inc. since December 2006. He has been a Director at iHeartMedia, Inc. since October 2, 2011. He serves as a Director of 3DO; Excite, Inc.; Robin Hood Foundation and New York City Ballet, Inc. Mr. Pittman serves as a Director of Alliance For Lupus Research, Inc., and the Rock and Roll Hall of Fame Foundation. He served as a Director of Time Warner Inc. He served as the Chairman of Robin Hood Foundation. Prior to October 2, 2011, he served as the Chairman of Media & Entertainment Platforms at Clear Channel Media, iHeartCommunications and Entertainment LLC since November 2010. He served as the Chairman of Six Flags Entertainment Corporation from December 1991 to September 1995. He served as a Member of Advisory Board at iLike, Inc. He served as a Director of Warner Communications LLC since February 2, 2001. He served as a Director of Realogy Holdings Corp. since July 2006, Realogy Group LLC (Realogy Corporation) since August 2006; AMRE Inc. since November 15, 1995; Avis Budget Car Rental, LLC (Avis Budget Group, Inc.) since December 1997; American Television and Communications Corporation since January 1, 2001; America Online Latin America, Inc. since 1995; Electronic Arts Inc. since November 5, 2003; Hospitality Franchise Systems Inc. from July 1994 to December 1997; Cendant Corp. since December 1997 until August 2006 and HFS Incorporated July 1994 to December 1997. He served as a Director of Time Warner Entertainment Company, L.P. Mr. Pittman was inducted into the Broadcasting and Cable Hall of Fame and received the International Radio and Television Society's Gold Medal and a Council of Fashion Designers of America award. He has been a member of, and an investor in, Pilot Group, a private equity investment company, since April 2003. He was recognized in Life Magazine's “Five Original Thinkers of the 80's”, Advertising Age's “50 Pioneers and Visionaries of TV”, and Business Week's “Top 25 Executives of 1998”.

CEO Compensation
  • Bob's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Bob's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the iHeartMedia management team in years:

4.8
Average Tenure
60
Average Age
  • The tenure for the iHeartMedia management team is about average.
Management Team

Bob Pittman

TITLE
Chairman & CEO
COMPENSATION
$13M
AGE
65
TENURE
7.8 yrs

Rich Bressler

TITLE
President
COMPENSATION
$8M
AGE
62
TENURE
6 yrs

Steve Macri

TITLE
Senior Vice President of Corporate Finance
COMPENSATION
$3M
AGE
50
TENURE
4.8 yrs

Scott Hamilton

TITLE
Senior VP
AGE
49
TENURE
9.3 yrs

Steve Mills

TITLE
Global Chief Information Officer
AGE
60
TENURE
3.8 yrs

Kareem Chin

TITLE
Senior VP & Head of Investor Relations
TENURE
0.2 yrs

Paul McNicol

TITLE
Secretary
AGE
62
TENURE
0.5 yrs

Wendy Goldberg

TITLE
Executive VP & Chief Communications Officer
AGE
55
TENURE
7.6 yrs

Gayle Troberman

TITLE
Chief Marketing Officer & Executive VP
TENURE
4.8 yrs

Peter Ban

TITLE
Executive Vice President of Revenue & Sales Operation
TENURE
1.7 yrs
Board of Directors Tenure

Average tenure and age of the iHeartMedia board of directors in years:

0.2
Average Tenure
61
Average Age
  • The average tenure for the iHeartMedia board of directors is less than 3 years, this suggests a new board.
Board of Directors

Bob Pittman

TITLE
Chairman & CEO
COMPENSATION
$13M
AGE
65
TENURE
7.8 yrs

Rich Bressler

TITLE
President
COMPENSATION
$8M
AGE
62
TENURE
12.2 yrs

Enrique Santos

TITLE
Chairman & Chief Creative Officer of IHeartlatino
TENURE
2.8 yrs

Jay Rasulo

TITLE
Lead Independent Director
AGE
63
TENURE
0.2 yrs

Gary Barber

TITLE
Director
AGE
61
TENURE
0.2 yrs

Brad Gerstner

TITLE
Director
AGE
47
TENURE
0.2 yrs

Sean Mahoney

TITLE
Director
AGE
56
TENURE
0.2 yrs

Kamakshi Sivaramakrishnan

TITLE
Director
AGE
43
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess iHeartMedia's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. iHeartMedia has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

IHTM News

Simply Wall St News

IHTM Company Info

Description

iHeartMedia, Inc. operates as a media and entertainment company worldwide. It operates through three segments: iHeartMedia (iHM), Americas Outdoor Advertising (Americas Outdoor), and International Outdoor Advertising (International Outdoor). The iHM segment offers radio broadcasting, digital, mobile, podcasts, social, live events, mobile platforms and products, program syndication, traffic, weather, news and sports data distribution, and on-demand entertainment; and operates Premiere Networks, a national radio network that produces, distributes, or represents approximately 100 syndicated radio programs serving approximately 6,000 radio station affiliates. It also delivers real-time traffic and weather information through navigation systems, radio and television broadcast media, and wireless and Internet-based services; and curates, promotes, produces, and televises live music events for listeners and advertising partners. As of December 31, 2018, this segment owned 848 radio stations, which included 239 AM and 609 FM radio stations. The Americas Outdoor segment owns or operates display structures comprising printed and digital billboards, street furniture and transit displays, airport displays and wallscapes, and other spectaculars focusing on metropolitan areas. This segment owned or operated approximately 79,000 display structures. The International Outdoor segment owns or operates displays, such as street furniture, billboards, transit and retail displays, public bike programs, and other spectaculars. This segment owned and operated approximately 380,000 displays. The company was formerly known as CC Media Holdings, Inc. and changed its name to iHeartMedia, Inc. in September 2014. iHeartMedia, Inc. was founded in 1972 and is headquartered in San Antonio, Texas.

Details
Name: iHeartMedia, Inc.
IHTM
Exchange: OTCPK
Founded: 1972
$1,053,183,912
63,829,328
Website: http://www.iheartmedia.com
Address: iHeartMedia, Inc.
20880 Stone Oak Parkway,
San Antonio,
Texas, 78258,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK IHTM New Class A Common Stock Pink Sheets LLC US USD 07. May 2019
Number of employees
Current staff
Staff numbers
18,300
iHeartMedia employees.
Industry
Broadcasting
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/19 01:18
End of day share price update: 2019/07/18 00:00
Last estimates confirmation: 2019/07/17
Last earnings filing: 2019/04/25
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.