Financials Grupo Televisa, S.A.B. Nyse

Equities

TV

US40049J2069

Broadcasting

Real-time Estimate Cboe BZX 11:08:10 2024-07-16 am EDT 5-day change 1st Jan Change
2.615 USD +2.15% Intraday chart for Grupo Televisa, S.A.B. -1.50% -21.56%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 127,892 92,327 107,948 50,051 31,580 25,038 - -
Enterprise Value (EV) 1 221,625 195,003 217,631 112,530 94,822 84,439 76,490 71,122
P/E ratio 27.2 x -106 x 20 x 1.16 x -3.1 x 4.47 x 23.5 x 11.1 x
Yield 0.79% 1.07% 0.91% 1.98% 3.09% 3.85% 3.85% 3.85%
Capitalization / Revenue 1.26 x 0.95 x 1.04 x 0.66 x 0.43 x 0.38 x 0.37 x 0.38 x
EV / Revenue 2.18 x 2 x 2.1 x 1.49 x 1.29 x 1.27 x 1.14 x 1.07 x
EV / EBITDA 5.8 x 5.15 x 4.99 x 4.41 x 3.92 x 3.53 x 3.21 x 2.97 x
EV / FCF 25.2 x 15 x 35.5 x -23.2 x 233 x 25.7 x 25 x 16.5 x
FCF Yield 3.97% 6.68% 2.82% -4.31% 0.43% 3.89% 4% 6.04%
Price to Book 1.41 x 1.24 x 1.35 x 0.39 x 0.26 x 0.21 x 0.21 x 0.23 x
Nbr of stocks (in thousands) 2,882,400 2,820,007 2,800,200 2,824,548 2,784,876 2,757,508 - -
Reference price 2 44.37 32.74 38.55 17.72 11.34 9.080 9.080 9.080
Announcement Date 2/20/20 2/19/21 2/24/22 2/23/23 2/23/24 - - -
1MXN in Million2MXN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 101,492 97,362 103,522 75,527 73,768 66,347 66,975 66,755
EBITDA 1 38,218 37,876 43,602 25,505 24,218 23,906 23,840 23,919
EBIT 1 17,209 16,616 22,183 4,388 2,664 3,844 3,929 4,795
Operating Margin 16.96% 17.07% 21.43% 5.81% 3.61% 5.79% 5.87% 7.18%
Earnings before Tax (EBT) 1 8,979 5,679 14,072 -13,261 -8,171 2,982 6,345 -
Net income 1 4,722 -892.3 5,386 43,151 -10,236 3,223 2,505 4,605
Net margin 4.65% -0.92% 5.2% 57.13% -13.88% 4.86% 3.74% 6.9%
EPS 2 1.630 -0.3100 1.930 15.25 -3.660 2.030 0.3860 0.8171
Free Cash Flow 1 8,797 13,029 6,128 -4,848 407.3 3,284 3,056 4,298
FCF margin 8.67% 13.38% 5.92% -6.42% 0.55% 4.95% 4.56% 6.44%
FCF Conversion (EBITDA) 23.02% 34.4% 14.06% - 1.68% 13.74% 12.82% 17.97%
FCF Conversion (Net income) 186.3% - 113.77% - - 101.88% 122.01% 93.34%
Dividend per Share 2 0.3500 0.3500 0.3500 0.3500 0.3500 0.3500 0.3500 0.3500
Announcement Date 2/20/20 2/19/21 2/24/22 2/23/23 2/23/24 - - -
1MXN in Million2MXN
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 28,812 18,609 18,534 19,252 19,132 18,520 18,520 18,316 18,412 15,951 16,438 16,493 16,575 17,713 19,557
EBITDA 1 15,502 6,715 6,760 6,654 5,539 6,515 6,347 5,467 5,889 5,668 5,807 5,737 5,787 7,118 7,298
EBIT 1 9,826 1,637 1,552 1,362 -163.9 1,204 992.2 -77.1 544.8 632.7 597.3 1,056 912.2 1,812 2,762
Operating Margin 34.1% 8.8% 8.37% 7.08% -0.86% 6.5% 5.36% -0.42% 2.96% 3.97% 3.63% 6.4% 5.5% 10.23% 14.12%
Earnings before Tax (EBT) 1 9,101 -2,787 4,701 914.8 -16,090 - 265.6 -76.2 -7,462 1,436 653.9 993.6 678.5 1,182 1,557
Net income 1 3,029 52,642 3,140 1,118 -13,750 -788.9 133.5 -918.5 -8,662 951.8 78 617 594 - -
Net margin 10.51% 282.88% 16.94% 5.81% -71.87% -4.26% 0.72% -5.01% -47.04% 5.97% 0.47% 3.74% 3.58% - -
EPS 2 1.080 18.68 1.110 0.4000 - -0.2800 0.0500 -0.3300 -3.100 0.3500 -0.1900 0.0300 0.0600 -0.0200 -
Dividend per Share 0.3500 - 0.3500 - - - 0.3500 - - - - - - - -
Announcement Date 2/24/22 4/26/22 7/26/22 10/27/22 2/23/23 4/25/23 7/26/23 10/26/23 2/23/24 4/25/24 - - - - -
1MXN in Million2MXN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 93,733 102,676 109,683 62,479 63,241 59,400 51,452 46,083
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.453 x 2.711 x 2.516 x 2.45 x 2.611 x 2.485 x 2.158 x 1.927 x
Free Cash Flow 1 8,797 13,029 6,128 -4,848 407 3,284 3,057 4,299
ROE (net income / shareholders' equity) 5.24% -1.08% 7% -12.2% -8.27% 0.18% 0.32% 1.35%
ROA (Net income/ Total Assets) 1.61% -0.31% 1.91% -4.31% -3.64% -0.51% -0.18% 0.71%
Assets 1 293,791 287,839 282,075 -1,001,548 280,890 -632,648 -1,415,369 651,353
Book Value Per Share 2 31.40 26.40 28.60 45.30 43.10 42.90 43.20 39.80
Cash Flow per Share 2 9.680 11.90 10.50 4.410 5.440 7.100 7.480 6.620
Capex 1 19,109 20,132 23,268 17,315 14,708 13,560 13,134 12,572
Capex / Sales 18.83% 20.68% 22.48% 22.93% 19.94% 20.44% 19.61% 18.83%
Announcement Date 2/20/20 2/19/21 2/24/22 2/23/23 2/23/24 - - -
1MXN in Million2MXN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
9
Last Close Price
9.08 MXN
Average target price
20.62 MXN
Spread / Average Target
+127.15%
Consensus
  1. Stock Market
  2. Equities
  3. TLEVISA CPO Stock
  4. TV Stock
  5. Financials Grupo Televisa, S.A.B.