An Intrinsic Calculation For The New York Times Company (NYSE:NYT) Suggests It's 35% Undervalued
May 05
U.S. Publishing Industry Analysis
UpdatedMay 06, 2024
DataAggregated Company Financials
Companies12
- 7D1.7%
- 3M-0.3%
- 1Y26.9%
- YTDn/a
In the last week, the Publishing industry is up 1.7%, with New York Times up 3.2%. This takes the industry's 12 month performance to a gain of 27%. Looking forward, earnings are forecast to grow by 22% annually.
Industry Valuation and Performance
Has the U.S. Publishing Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 06 May 2024 | US$25.3b | US$18.8b | US$222.5m | 25.8x | 113.7x | 1.3x |
| Wed, 03 Apr 2024 | US$25.7b | US$18.8b | US$317.6m | 25.3x | 81x | 1.4x |
| Fri, 01 Mar 2024 | US$26.4b | US$18.9b | US$383.8m | 28.7x | 68.9x | 1.4x |
| Sun, 28 Jan 2024 | US$26.6b | US$18.9b | US$316.6m | 20.8x | 84x | 1.4x |
| Tue, 26 Dec 2023 | US$25.4b | US$18.9b | US$278.3m | 18.9x | 91.3x | 1.3x |
| Thu, 23 Nov 2023 | US$23.5b | US$18.9b | US$334.1m | 21.2x | 70.4x | 1.2x |
| Sat, 21 Oct 2023 | US$23.0b | US$18.9b | US$272.5m | 39x | 84.5x | 1.2x |
| Mon, 18 Sep 2023 | US$23.0b | US$18.9b | US$301.2m | 39.6x | 76.5x | 1.2x |
| Wed, 16 Aug 2023 | US$23.6b | US$19.0b | US$375.6m | 60.1x | 63x | 1.2x |
| Fri, 14 Jul 2023 | US$22.8b | US$19.2b | US$432.1m | 39.8x | 52.7x | 1.2x |
| Sun, 11 Jun 2023 | US$21.6b | US$19.3b | US$406.6m | 31.7x | 53.1x | 1.1x |
| Tue, 09 May 2023 | US$20.5b | US$19.3b | US$383.8m | 32.9x | 53.5x | 1.1x |
| Thu, 06 Apr 2023 | US$20.5b | US$19.4b | US$370.4m | 33.3x | 55.3x | 1.1x |
| Sat, 04 Mar 2023 | US$21.6b | US$19.4b | US$489.5m | 29.3x | 44.2x | 1.1x |
| Mon, 30 Jan 2023 | US$22.7b | US$20.4b | US$589.2m | 25.3x | 38.5x | 1.1x |
| Wed, 28 Dec 2022 | US$20.5b | US$20.4b | US$588.1m | 22.3x | 34.8x | 1x |
| Fri, 25 Nov 2022 | US$21.5b | US$20.3b | US$653.4m | 22.7x | 32.8x | 1.1x |
| Sun, 23 Oct 2022 | US$19.1b | US$20.4b | US$900.4m | 18.4x | 21.2x | 0.9x |
| Tue, 20 Sep 2022 | US$19.6b | US$20.4b | US$921.7m | 17.8x | 21.2x | 1x |
| Thu, 18 Aug 2022 | US$21.7b | US$20.4b | US$953.3m | 19.4x | 22.8x | 1.1x |
| Sat, 16 Jul 2022 | US$18.7b | US$20.1b | US$903.0m | 18.4x | 20.8x | 0.9x |
| Mon, 13 Jun 2022 | US$20.5b | US$20.1b | US$904.0m | 19.5x | 22.6x | 1x |
| Wed, 11 May 2022 | US$21.6b | US$20.5b | US$969.0m | 20.6x | 22.3x | 1.1x |
| Fri, 08 Apr 2022 | US$26.4b | US$20.3b | US$869.1m | 25.6x | 30.3x | 1.3x |
| Sun, 06 Mar 2022 | US$28.9b | US$23.2b | US$1.1b | 22.8x | 26.2x | 1.2x |
| Tue, 01 Feb 2022 | US$28.5b | US$22.9b | US$995.2m | 23.7x | 28.6x | 1.2x |
| Thu, 30 Dec 2021 | US$29.7b | US$22.9b | US$995.8m | 24.3x | 29.9x | 1.3x |
| Sat, 27 Nov 2021 | US$27.9b | US$21.5b | US$977.8m | 21.9x | 28.5x | 1.3x |
| Mon, 25 Oct 2021 | US$31.9b | US$21.1b | US$763.0m | 32.1x | 41.7x | 1.5x |
| Wed, 22 Sep 2021 | US$29.1b | US$21.0b | US$747.4m | 20.8x | 38.9x | 1.4x |
| Fri, 20 Aug 2021 | US$37.6b | US$24.6b | US$860.0m | 17x | 43.7x | 1.5x |
| Fri, 04 Jun 2021 | US$39.1b | US$23.8b | -US$244,524,821.77 | 19.5x | -159.7x | 1.6x |
Price to Earnings Ratio
-159.7x
Current Industry PE
- Investors are optimistic on the American Publishing industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 114x which is higher than its 3-year average PE of 40.6x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- Total earnings for the Publishing industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 7.6% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Comparison
How does U.S. Publishing compare with similar industries?
| US Market | 0.57% | |
| Telecom | 0.085% | |
| Media | 1.50% | |
| Publishing | 1.67% | |
| Broadcasting | 3.83% | |
| Advertising | 1.57% | |
| Cable and Satellite | 1.10% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NYT New York Times | US$45.04 | 3.2% +US$226.9m | 12.9% | PE31.9x | |
| NWSA News | US$24.47 | 1.2% +US$163.6m | 42.8% | PE61.2x | |
| GCI Gannett | US$3.17 | 31.0% +US$101.3m | 60.9% | PS0.2x | |
| DALN DallasNews | US$3.66 | 2.5% +US$481.7k | -18.7% | PS0.1x |