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SHEN

Shenandoah TelecommunicationsNasdaqGS:SHEN Stock Report

Last Price

US$22.45

Market Cap

US$1.1b

7D

-8.0%

1Y

-49.3%

Updated

22 Jan, 2022

Data

Company Financials +
SHEN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends0/6

SHEN Stock Overview

Shenandoah Telecommunications Company, together with its subsidiaries, provides a range of broadband communication services and cell tower colocation space in the Mid-Atlantic portion of the United States.

Shenandoah Telecommunications Competitors

Alphabet

NasdaqGS:GOOG.L

US$1.7t

Amazon.com

NasdaqGS:AMZN

US$1.4t

Walt Disney

NYSE:DIS

US$250.1b

Comcast

NasdaqGS:CMCS.A

US$227.2b

Price History & Performance

Summary of all time highs, changes and price drops for Shenandoah Telecommunications
Historical stock prices
Current Share PriceUS$22.45
52 Week HighUS$61.53
52 Week LowUS$22.29
Beta0.17
1 Month Change-15.47%
3 Month Change-26.94%
1 Year Change-49.31%
3 Year Change-52.96%
5 Year Change-19.68%
Change since IPO1,214.15%

Recent News & Updates

Jan 11
Shenandoah Telecommunications (NASDAQ:SHEN) Could Be At Risk Of Shrinking As A Company

Shenandoah Telecommunications (NASDAQ:SHEN) Could Be At Risk Of Shrinking As A Company

If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Typically...

Oct 28
Here's Why Shenandoah Telecommunications (NASDAQ:SHEN) Can Manage Its Debt Responsibly

Here's Why Shenandoah Telecommunications (NASDAQ:SHEN) Can Manage Its Debt Responsibly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Aug 24
Shenandoah Telecommunications' (NASDAQ:SHEN) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Shenandoah Telecommunications' (NASDAQ:SHEN) Returns On Capital Tell Us There Is Reason To Feel Uneasy

When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...

Aug 03
Estimating The Intrinsic Value Of Shenandoah Telecommunications Company (NASDAQ:SHEN)

Estimating The Intrinsic Value Of Shenandoah Telecommunications Company (NASDAQ:SHEN)

Today we will run through one way of estimating the intrinsic value of Shenandoah Telecommunications Company...

Shareholder Returns

SHENUS Wireless TelecomUS Market
7D-8.0%-6.4%-6.1%
1Y-49.3%-21.8%4.2%

Return vs Industry: SHEN underperformed the US Wireless Telecom industry which returned -21.8% over the past year.

Return vs Market: SHEN underperformed the US Market which returned 4.2% over the past year.

Price Volatility

Is SHEN's price volatile compared to industry and market?
SHEN volatility
SHEN Average Weekly Movement4.5%
Wireless Telecom Industry Average Movement5.6%
Market Average Movement6.7%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.4%

Stable Share Price: SHEN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: SHEN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19021,139Chris Frenchhttps://www.shentel.com

Shenandoah Telecommunications Company, together with its subsidiaries, provides a range of broadband communication services and cell tower colocation space in the Mid-Atlantic portion of the United States. Its Broadband segment offers broadband, video, and voice services to residential and commercial customers in Virginia, West Virginia, Maryland, Pennsylvania, and Kentucky, via hybrid fiber coaxial cable under the Shentel brand, fiber optic services under the Glo Fiber brand, and fixed wireless network services under the Beam brand name. This segment also leases fiber and provides Ethernet and wavelength fiber optic services; and voice and digital subscriber line telephone services.

Shenandoah Telecommunications Fundamentals Summary

How do Shenandoah Telecommunications's earnings and revenue compare to its market cap?
SHEN fundamental statistics
Market CapUS$1.12b
Earnings (TTM)US$13.24m
Revenue (TTM)US$240.77m

84.7x

P/E Ratio

4.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SHEN income statement (TTM)
RevenueUS$240.77m
Cost of RevenueUS$96.08m
Gross ProfitUS$144.69m
ExpensesUS$131.45m
EarningsUS$13.24m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.26
Gross Margin60.09%
Net Profit Margin5.50%
Debt/Equity Ratio0%

How did SHEN perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

128%

Payout Ratio

Valuation

Is Shenandoah Telecommunications undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SHEN ($22.45) is trading below our estimate of fair value ($120.34)

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


Price To Earnings Ratio

PE vs Industry: SHEN is poor value based on its PE Ratio (84.7x) compared to the US Wireless Telecom industry average (37.9x).

PE vs Market: SHEN is poor value based on its PE Ratio (84.7x) compared to the US market (16.5x).


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's PB Ratio (1.7x) is in line with the US Wireless Telecom industry average.


Future Growth

How is Shenandoah Telecommunications forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

-97.6%

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 (-97.6% per year).

Earnings vs Market: SHEN's earnings are forecast to decline over the next 3 years (-97.6% per year).

High Growth Earnings: SHEN's earnings are forecast to decline over the next 3 years.

Revenue vs Market: SHEN's revenue (12.5% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: SHEN's revenue (12.5% per year) is forecast to grow slower than 20% 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


Past Performance

How has Shenandoah Telecommunications performed over the past 5 years?

-16.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SHEN has high quality earnings.

Growing Profit Margin: SHEN's current net profit margins (5.5%) are higher than last year (0.06%).


Past Earnings Growth Analysis

Earnings Trend: SHEN's earnings have declined by 16.5% per year over the past 5 years.

Accelerating Growth: SHEN's earnings growth over the past year (10082.3%) exceeds its 5-year average (-16.5% per year).

Earnings vs Industry: SHEN earnings growth over the past year (10082.3%) exceeded the Wireless Telecom industry 22.1%.


Return on Equity

High ROE: SHEN's Return on Equity (2%) is considered low.


Financial Health

How is Shenandoah Telecommunications's financial position?


Financial Position Analysis

Short Term Liabilities: SHEN's short term assets ($574.0M) exceed its short term liabilities ($485.4M).

Long Term Liabilities: SHEN's short term assets ($574.0M) exceed its long term liabilities ($158.9M).


Debt to Equity History and Analysis

Debt Level: SHEN is debt free.

Reducing Debt: SHEN has no debt compared to 5 years ago when its debt to equity ratio was 271.5%.

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

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


Balance Sheet


Dividend

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

0.31%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SHEN's dividend (0.31%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: SHEN's dividend (0.31%) is low compared to the top 25% of dividend payers in the US market (3.61%).


Stability and Growth of Payments

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

Growing Dividend: SHEN 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: SHEN is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SHEN's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

  • Explore strong dividend paying companies in the Telecom industry.

Management

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

2.7yrs

Average management tenure


CEO

Chris French (63 yo)

33.75yrs

Tenure

US$2,875,067

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 ($USD2.88M) is about average for companies of similar size in the US market ($USD2.39M).

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


Leadership Team

Experienced Management: SHEN's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: SHEN's board of directors are seasoned and experienced ( 14.7 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

Shenandoah Telecommunications Company's 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
  • Implied Market Cap: US$1.122b
  • Shares outstanding: 49.97m
  • Website: https://www.shentel.com

Number of Employees


Location

  • Shenandoah Telecommunications Company
  • 500 Shentel Way
  • Edinburg
  • Virginia
  • 22824
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/22 23:31
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.