Shenandoah Telecommunications
Market Cap
US$2.8b
Last Updated
2020/08/13 23:56 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.
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with mediocre balance sheet.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
5.6%
SHEN
1.2%
US Wireless Telecom
0.5%
US Market
1 Year Return
66.4%
SHEN
37.5%
US Wireless Telecom
18.7%
US Market
Return vs Industry: SHEN exceeded the US Wireless Telecom industry which returned 38.1% over the past year.
Return vs Market: SHEN exceeded the US Market which returned 20.1% over the past year.
Shareholder returns
| SHEN | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.6% | 1.2% | 0.5% |
| 30 Day | 11.8% | 9.5% | 4.9% |
| 90 Day | 19.7% | 18.4% | 19.8% |
| 1 Year | 67.8%66.4% | 38.9%37.5% | 21.2%18.7% |
| 3 Year | 62.2%58.8% | 58.7%52.7% | 46.2%36.8% |
| 5 Year | 190.3%178.6% | 123.4%106.6% | 85.3%65.1% |
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
2 days ago | Simply Wall St
If You Like EPS Growth Then Check Out Shenandoah Telecommunications (NASDAQ:SHEN) Before It's Too Late2 days ago | Simply Wall St
These 4 Measures Indicate That Shenandoah Telecommunications (NASDAQ:SHEN) Is Using Debt Reasonably Well2 weeks ago | Simply Wall St
Earnings Tell The Story For Shenandoah Telecommunications Company (NASDAQ:SHEN)Valuation
Is Shenandoah Telecommunications undervalued compared to its fair value and its price relative to the market?
31.4%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SHEN ($56.12) is trading below our estimate of fair value ($81.79)
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 (39.7x) compared to the US Wireless Telecom industry average (28.1x).
PE vs Market: SHEN is poor value based on its PE Ratio (39.7x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: SHEN is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: SHEN is overvalued based on its PB Ratio (5.5x) compared to the US Wireless Telecom industry average (2.3x).
Next Steps
Future Growth
How is Shenandoah Telecommunications forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
17.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SHEN's forecast earnings growth (17.6% per year) is above the savings rate (2.2%).
Earnings vs Market: SHEN's earnings (17.6% per year) are forecast to grow slower than the US market (24.1% per year).
High Growth Earnings: SHEN's earnings are forecast to grow, but not significantly.
Revenue vs Market: SHEN's revenue (7.7% per year) is forecast to grow slower than the US market (9.5% per year).
High Growth Revenue: SHEN's revenue (7.7% 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
Next Steps
Past Performance
How has Shenandoah Telecommunications performed over the past 5 years?
21.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SHEN has high quality earnings.
Growing Profit Margin: SHEN's current net profit margins (11%) are higher than last year (9%).
Past Earnings Growth Analysis
Earnings Trend: SHEN's earnings have grown significantly by 21.3% per year over the past 5 years.
Accelerating Growth: SHEN's earnings growth over the past year (22.6%) exceeds its 5-year average (21.3% per year).
Earnings vs Industry: SHEN earnings growth over the past year (22.6%) exceeded the Wireless Telecom industry 6%.
Return on Equity
High ROE: SHEN's Return on Equity (13.8%) is considered low.
Next Steps
Financial Health
How is Shenandoah Telecommunications's financial position?
Financial Position Analysis
Short Term Liabilities: SHEN's short term assets ($299.5M) exceed its short term liabilities ($145.3M).
Long Term Liabilities: SHEN's short term assets ($299.5M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: SHEN's debt to equity ratio (138.8%) is considered high.
Reducing Debt: SHEN's debt to equity ratio has increased from 76.4% to 138.8% over the past 5 years.
Debt Coverage: SHEN's debt is well covered by operating cash flow (36.4%).
Interest Coverage: SHEN's interest payments on its debt are well covered by EBIT (5.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Shenandoah Telecommunications's current dividend yield, its reliability and sustainability?
0.52%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SHEN's dividend (0.52%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: SHEN's dividend (0.52%) is low compared to the top 25% of dividend payers in the US market (4.29%).
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
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Chris French (62 yo)
32.33yrs
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 ($USD5.74M).
Compensation vs Earnings: Chris's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 32.33yrs | US$2.52m | 3.62% $ 99.9m | |
| Senior VP & CFO | 1.17yrs | US$736.51k | 0.0014% $ 39.2k | |
| Executive VP & COO | 2.25yrs | US$1.31m | 0.0049% $ 135.1k | |
| Senior Vice President of Sales & Marketing | 1.58yrs | US$711.86k | 0.083% $ 2.3m | |
| Senior Vice President of Engineering & Operations | 4.92yrs | US$638.43k | 0.043% $ 1.2m | |
| VP & Chief Accounting Officer | 1.33yrs | no data | 0.00056% $ 15.5k | |
| VP & Chief Information Officer | 1.42yrs | no data | 0.00058% $ 16.0k | |
| VP of Legal | 7.58yrs | US$567.56k | 0.046% $ 1.3m | |
| Senior Vice President of Corporate Development | 1yr | US$579.21k | 0.095% $ 2.6m | |
| VP & Chief Human Resources Officer | 1.08yrs | no data | 0.00058% $ 16.0k | |
| Senior VP & Head of Business Operations | 1.25yrs | no data | 0.00046% $ 12.7k | |
| Associate General Counsel | 7.58yrs | US$319.05k | no data |
1.5yrs
Average Tenure
56yo
Average Age
Experienced Management: SHEN's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 32.33yrs | US$2.52m | 3.62% $ 99.9m | |
| Independent Director | 16.58yrs | US$168.32k | 0.055% $ 1.5m | |
| Lead Independent Director | 3.92yrs | US$189.96k | 0.043% $ 1.2m | |
| Independent Director | 3.58yrs | US$165.82k | 0.012% $ 328.2k | |
| Independent Director | 14.25yrs | US$163.32k | 0.061% $ 1.7m | |
| Independent Director | 12.25yrs | US$165.19k | 0.048% $ 1.3m | |
| Independent Director | 2.25yrs | US$160.82k | 0.0062% $ 171.0k | |
| Independent Director | 4.08yrs | US$178.11k | 0.013% $ 358.8k |
8.2yrs
Average Tenure
59yo
Average Age
Experienced Board: SHEN's board of directors are considered experienced (8.2 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$2.762b
- 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 | 2020/08/13 23:56 |
| End of Day Share Price | 2020/08/13 00:00 |
| Earnings | 2020/06/30 |
| 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.