Shenandoah Telecommunications
Market Cap
US$2.2b
Last Updated
2021/01/21 00:24 UTC
Data Sources
Company Financials +
Executive Summary
Shenandoah Telecommunications Company, together with its subsidiaries, provides wireless and broadband communication products and services in the United States. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 22% per year for the next 3 years
Snowflake Analysis
Solid track record with adequate balance sheet and pays a dividend.
Similar Companies
Share Price & News
How has Shenandoah Telecommunications's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SHEN is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SHEN's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-0.2%
SHEN
1.0%
US Wireless Telecom
0.3%
US Market
1 Year Return
-1.5%
SHEN
46.4%
US Wireless Telecom
21.1%
US Market
Return vs Industry: SHEN underperformed the US Wireless Telecom industry which returned 43.7% over the past year.
Return vs Market: SHEN underperformed the US Market which returned 19.5% over the past year.
Shareholder returns
| SHEN | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.2% | 1.0% | 0.3% |
| 30 Day | -0.02% | -1.2% | 3.3% |
| 90 Day | -2.9% | 15.7% | 14.2% |
| 1 Year | -0.8%-1.5% | 46.8%46.4% | 23.8%21.1% |
| 3 Year | 34.3%31.4% | 72.9%69.0% | 45.0%35.4% |
| 5 Year | 104.1%96.4% | 174.4%164.0% | 127.7%102.3% |
Long-Term Price Volatility Vs. Market
How volatile is Shenandoah Telecommunications's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Should Shenandoah Telecommunications (NASDAQ:SHEN) Be Disappointed With Their 99% Profit?2 weeks ago | Simply Wall St
A Closer Look At Shenandoah Telecommunications Company's (NASDAQ:SHEN) Impressive ROE4 weeks ago | Simply Wall St
A Quick Analysis On Shenandoah Telecommunications' (NASDAQ:SHEN) CEO CompensationValuation
Is Shenandoah Telecommunications undervalued compared to its fair value and its price relative to the market?
20.1%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SHEN ($43.94) is trading below our estimate of fair value ($54.28)
Significantly Below Fair Value: SHEN is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: SHEN is poor value based on its PE Ratio (41.6x) compared to the US Wireless Telecom industry average (41x).
PE vs Market: SHEN is poor value based on its PE Ratio (41.6x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: SHEN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: SHEN is overvalued based on its PB Ratio (4x) compared to the US Wireless Telecom industry average (2.2x).
Next Steps
Future Growth
How is Shenandoah Telecommunications forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
-22.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SHEN's earnings are forecast to decline over the next 3 years (-22% per year).
Earnings vs Market: SHEN's earnings are forecast to decline over the next 3 years (-22% per year).
High Growth Earnings: SHEN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SHEN's revenue is expected to decline over the next 3 years (-4.1% per year).
High Growth Revenue: SHEN's revenue is forecast to decline over the next 3 years (-4.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if SHEN's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has Shenandoah Telecommunications performed over the past 5 years?
17.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHEN has high quality earnings.
Growing Profit Margin: SHEN's current net profit margins (8.2%) are higher than last year (5.8%).
Past Earnings Growth Analysis
Earnings Trend: SHEN's earnings have grown by 17.1% per year over the past 5 years.
Accelerating Growth: SHEN's earnings growth over the past year (184.2%) exceeds its 5-year average (17.1% per year).
Earnings vs Industry: SHEN earnings growth over the past year (184.2%) exceeded the Wireless Telecom industry 77.1%.
Return on Equity
High ROE: SHEN's Return on Equity (9.6%) is considered low.
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Financial Health
How is Shenandoah Telecommunications's financial position?
Financial Position Analysis
Short Term Liabilities: SHEN's short term assets ($1.4B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: SHEN's short term assets ($1.4B) exceed its long term liabilities ($221.0M).
Debt to Equity History and Analysis
Debt Level: SHEN's debt to equity ratio (127.9%) is considered high.
Reducing Debt: SHEN's debt to equity ratio has increased from 72.3% to 127.9% over the past 5 years.
Debt Coverage: SHEN's debt is well covered by operating cash flow (41.8%).
Interest Coverage: SHEN's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
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Dividend
What is Shenandoah Telecommunications's current dividend yield, its reliability and sustainability?
0.78%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SHEN's dividend (0.77%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.39%).
High Dividend: SHEN's dividend (0.77%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: SHEN's dividends per share have been stable in the past 10 years.
Growing Dividend: SHEN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.4%), SHEN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SHEN's dividends in 3 years are forecast to be covered by earnings (62.2% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
1.9yrs
Average management tenure
CEO
Chris French (62 yo)
32.75yrs
Tenure
US$2,524,466
Compensation
Mr. Christopher E. French, also known as Chris, has been the Chairman of Shenandoah Telecommunications Co. since 1996 and its Chief Executive Officer and President since April 1988. Mr. French serves as th...
CEO Compensation Analysis
Compensation vs Market: Chris's total compensation ($USD2.52M) is below average for companies of similar size in the US market ($USD3.88M).
Compensation vs Earnings: Chris's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 32.75yrs | US$2.52m | 3.62% $ 78.3m | |
| Senior VP & CFO | 1.58yrs | US$736.51k | 0.0014% $ 30.7k | |
| Executive VP & COO | 2.67yrs | US$1.31m | 0.0049% $ 105.7k | |
| Senior Vice President of Sales & Marketing | 2yrs | US$711.86k | 0.083% $ 1.8m | |
| Senior Vice President of Engineering & Operations | 5.33yrs | US$638.43k | 0.050% $ 1.1m | |
| VP & Chief Accounting Officer | 1.75yrs | no data | 0.00056% $ 12.1k | |
| VP & Chief Information Officer | 1.83yrs | no data | 0.00058% $ 12.5k | |
| VP of Legal | 8yrs | US$567.56k | 0.046% $ 1.0m | |
| Senior Vice President of Corporate Development | 1.42yrs | US$579.21k | 0.095% $ 2.0m | |
| VP & Chief Human Resources Officer | 1.5yrs | no data | 0.00058% $ 12.5k | |
| Senior VP & Head of Business Operations | 1.67yrs | no data | 0.00046% $ 9.9k | |
| Associate General Counsel | 8yrs | US$319.05k | no data |
1.9yrs
Average Tenure
56yo
Average Age
Experienced Management: SHEN's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 32.75yrs | US$2.52m | 3.62% $ 78.3m | |
| Independent Director | 17yrs | US$168.32k | 0.055% $ 1.2m | |
| Lead Independent Director | 4.33yrs | US$189.96k | 0.044% $ 940.9k | |
| Independent Director | 4yrs | US$165.82k | 0.012% $ 259.7k | |
| Independent Director | 14.67yrs | US$163.32k | 0.061% $ 1.3m | |
| Independent Director | 12.67yrs | US$165.19k | 0.048% $ 1.0m | |
| Independent Director | 2.67yrs | US$160.82k | 0.0063% $ 135.8k | |
| Independent Director | 4.5yrs | US$178.11k | 0.013% $ 280.9k |
8.6yrs
Average Tenure
59yo
Average Age
Experienced Board: SHEN's board of directors are considered experienced (8.6 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Shenandoah Telecommunications Company's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Shenandoah Telecommunications Company
- Ticker: SHEN
- Exchange: NasdaqGS
- Founded: 1902
- Industry: Wireless Telecommunication Services
- Sector: Telecom
- Market Cap: US$2.162b
- Shares outstanding: 49.85m
- Website: https://www.shentel.com
Number of Employees
Location
- Shenandoah Telecommunications Company
- 500 Shentel Way
- Edinburg
- Virginia
- 22824
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SHEN | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Aug 1995 |
| SH9 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Aug 1995 |
Biography
Shenandoah Telecommunications Company, together with its subsidiaries, provides wireless and broadband communication products and services in the United States. The company operates in three segments: Wire...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/21 00:24 |
| End of Day Share Price | 2021/01/20 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.