NasdaqGS:SHEN

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Shenandoah Telecommunications

Executive Summary

Shenandoah Telecommunications Company, together with its subsidiaries, provides wireless and broadband communication products and services in the United States. More Details


Snowflake Analysis

Solid track record with adequate 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 is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SHEN's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

2.1%

SHEN

2.0%

US Wireless Telecom

2.8%

US Market


1 Year Return

20.8%

SHEN

55.3%

US Wireless Telecom

20.9%

US Market

Return vs Industry: SHEN underperformed the US Wireless Telecom industry which returned 55% over the past year.

Return vs Market: SHEN matched the US Market which returned 20.7% over the past year.


Shareholder returns

SHENIndustryMarket
7 Day2.1%2.0%2.8%
30 Day3.3%20.7%11.1%
90 Day-17.6%12.2%6.5%
1 Year21.7%20.8%55.8%55.3%23.6%20.9%
3 Year22.1%19.5%83.3%79.1%47.3%37.6%
5 Year97.5%90.1%186.4%173.2%94.3%72.9%

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

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 ($45.37) is trading below our estimate of fair value ($156.23)

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


Price To Earnings Ratio

PE vs Industry: SHEN's PE Ratio (42.9x) is in line with the US Wireless Telecom industry average.

PE vs Market: SHEN is poor value based on its PE Ratio (42.9x) compared to the US market (19.7x).


Price to Earnings Growth Ratio

PEG Ratio: SHEN is poor value based on its PEG Ratio (7.2x)


Price to Book Ratio

PB vs Industry: SHEN is overvalued based on its PB Ratio (4.1x) compared to the US Wireless Telecom industry average (1.9x).


Next Steps

Future Growth

How is Shenandoah Telecommunications forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

5.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SHEN's forecast earnings growth (5.9% per year) is above the savings rate (2.2%).

Earnings vs Market: SHEN's earnings (5.9% per year) are forecast to grow slower than the US market (22% per year).

High Growth Earnings: SHEN's earnings are forecast to grow, but not significantly.

Revenue vs Market: SHEN's revenue (16.5% per year) is forecast to grow faster than the US market (10.2% per year).

High Growth Revenue: SHEN's revenue (16.5% 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


Next Steps

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.


Next Steps

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


Next Steps

Dividend

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

0.75%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SHEN's dividend (0.75%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.47%).

High Dividend: SHEN's dividend (0.75%) is low compared to the top 25% of dividend payers in the US market (4.08%).


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?

1.8yrs

Average management tenure


CEO

Chris French (62 yo)

32.58yrs

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 ($USD2.52M) is below average for companies of similar size in the US market ($USD4.17M).

Compensation vs Earnings: Chris's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Christopher French
Chairman32.58yrsUS$2.52m3.62%
$ 81.8m
James Volk
Senior VP & CFO1.42yrsUS$736.51k0.0014%
$ 32.1k
David Heimbach
Executive VP & COO2.5yrsUS$1.31m0.0049%
$ 110.6k
William Pirtle
Senior Vice President of Sales & Marketing1.83yrsUS$711.86k0.083%
$ 1.9m
Edward McKay
Senior Vice President of Engineering & Operations5.17yrsUS$638.43k0.050%
$ 1.1m
Chase Stobbe
VP & Chief Accounting Officer1.58yrsno data0.00056%
$ 12.7k
Elaine Cheng
VP & Chief Information Officer1.67yrsno data0.00058%
$ 13.1k
Raymond Ostroski
VP of Legal7.83yrsUS$567.56k0.046%
$ 1.0m
Thomas Whitaker
Senior Vice President of Corporate Development1.25yrsUS$579.21k0.095%
$ 2.1m
Heather Banks
VP & Chief Human Resources Officer1.33yrsno data0.00058%
$ 13.1k
Richard Mason
Senior VP & Head of Business Operations1.5yrsno data0.00046%
$ 10.4k
Ann Flowers
Associate General Counsel7.83yrsUS$319.05kno data

1.8yrs

Average Tenure

56yo

Average Age

Experienced Management: SHEN's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Christopher French
Chairman32.58yrsUS$2.52m3.62%
$ 81.8m
Dale Lam
Independent Director16.83yrsUS$168.32k0.055%
$ 1.3m
Tracy Fitzsimmons
Lead Independent Director4.17yrsUS$189.96k0.043%
$ 982.1k
Kenneth Quaglio
Independent Director3.83yrsUS$165.82k0.012%
$ 269.2k
Richard Koontz
Independent Director14.5yrsUS$163.32k0.061%
$ 1.4m
John Flora
Independent Director12.5yrsUS$165.19k0.048%
$ 1.1m
Thomas Beckett
Independent Director2.5yrsUS$160.82k0.0062%
$ 141.1k
Leigh Schultz
Independent Director4.33yrsUS$178.11k0.013%
$ 293.8k

8.4yrs

Average Tenure

59yo

Average Age

Experienced Board: SHEN's board of directors are considered experienced (8.4 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$2.262b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SHENNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDAug 1995
SH9DB (Deutsche Boerse AG)YesCommon StockDEEURAug 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/29 00:10
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.