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Meredith Corporation (MDP)
Key financial summary
Financials in USD| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 1,650 | 1,713 | 2,247 | 3,189 | 2,849 | 2,977 | 2,993 |
| Operating profit | $m | 561 | 631 | |||||
| Net profit | $m | 34 | 189 | 99 | 129 | -234 | 307 | 289 |
| EPS reported | $ | 3.35 | 3.12 | |||||
| Operating cashflow per share | $ | 4.36 | 4.36 | |||||
| Capex per share | $ | 0.39 | 0.39 | |||||
| FCF per share | $ | 3.98 | 3.98 | |||||
| Free cash flow | $m | 363 | 328 | |||||
| Net debt | $m | 2,974 | 2,479 | |||||
| Book value equity | $m | 652 | 681 | |||||
| Book value per share | $ | 7.13 | 7.35 | |||||
| Number of shares | m | 91.4 | 92.6 | |||||
| DPS (TTM paid) | $ | 0.00 | 0.00 |
Financial summary
Financials in USD| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 12.97 | - | |||||
| P/B LTM | x | 6.09 | 3.98 | |||||
| P/S LTM | x | 1.33 | 0.90 | |||||
| P/FCF LTM | x | 10.93 | 8.24 | |||||
| EV/EBITDA LTM | x | 9.25 | 7.16 | |||||
| EV/Sales LTM | x | 2.33 | 1.73 | |||||
| Earnings Yield LTM | % | 7.71% | 5.68% | |||||
| FCF Yield | % | 9.15% | 12.13% | |||||
| Quality | ||||||||
| ROE | % | 47.02% | 58.94% | |||||
| ROIC | % | 9.21% | 9.21% | |||||
| Operating margin | % | 18.86% | 18.86% | |||||
| Gross margin | % | 65.59% | 65.59% | |||||
| FCF/Sales | % | 12.21% | 12.21% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | +4.52% | +6.23% | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | +44.67% | -6.25% | |||||
| Operating Profit Growth | % | +74.35% | +79.26% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.00% | 0.00% | |||||
| Dividend Growth | % | -100.00% | 0.00% | |||||
| Payout Ratio | % | 0.00% | 0.00% | |||||
| FCF/Debt | x | 0.11 | 0.10 | |||||
| Net Debt/EBITDA | x | 3.96 | 3.96 | |||||
| EBIT/Net interest | x | 3.14 | 3.14 | |||||
| Net debt/market cap | % | 74.91% | 91.61% | |||||
| Net debt/Equity | x | 4.56 | 3.64 | |||||
| Gross debt/equity | x | 4.93 | 4.72 | |||||
Company overview
Meredith Corporation is a diversified media company, predominantly operating within the United States. It is structured into two main business divisions: National Media and Local Media. The National Media division focuses on providing national consumer media brands across a diverse range of platforms, including traditional print periodicals, digital and mobile formats, brand licensing, and various marketing services such as affinity, business-to-business (B2B), and third-party promotions. It produces content spanning entertainment, culinary, lifestyle, family, and home categories, featuring well-known titles like People, Better Homes & Gardens, InStyle, Allrecipes, Real Simple, Shape, Southern Living, and Martha Stewart Living. Additionally, this segment publishes roughly 300 special interest publications under approximately 70 distinct brand identities and maintains a digital presence of around 50 websites and mobile applications. Beyond content creation, National Media's activities encompass consumer database management, magazine advertising and circulation, digital and customer relationship marketing (CRM), custom publishing projects, and other ancillary products and services. A key component is The Foundry 360, an in-house creative content studio. This studio develops cross-platform content marketing programs, including native advertising, to assist clients across various industries in engaging new consumers and fostering long-term customer relationships. The Local Media segment manages a portfolio of approximately 17 television broadcasting stations. These stations include 7 CBS affiliates, 5 FOX affiliates, 2 MyNetworkTV affiliates, 1 NBC affiliate, 1 ABC affiliate, and 2 independent stations. This segment also operates 12 dedicated websites and 12 mobile applications, primarily focused on delivering local news, sports, and weather updates. Furthermore, Local Media offers external clients geographically and demographically targeted advertising solutions through both digital and print channels. Established in 1902, Meredith Corporation is headquartered in Des Moines, Iowa.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Meredith Corporation (MDP)
Meredith Corporation is a diversified media company, predominantly operating within the United States. It is structured into two main business divisions: National Media and Local Media. The National Media division focuses on providing national consumer media brands across a diverse range of platforms, including traditional print periodicals, digital and mobile formats, brand licensing, and various marketing services such as affinity, business-to-business (B2B), and third-party promotions. It produces content spanning entertainment, culinary, lifestyle, family, and home categories, featuring well-known titles like People, Better Homes & Gardens, InStyle, Allrecipes, Real Simple, Shape, Southern Living, and Martha Stewart Living. Additionally, this segment publishes roughly 300 special interest publications under approximately 70 distinct brand identities and maintains a digital presence of around 50 websites and mobile applications. Beyond content creation, National Media's activities encompass consumer database management, magazine advertising and circulation, digital and customer relationship marketing (CRM), custom publishing projects, and other ancillary products and services. A key component is The Foundry 360, an in-house creative content studio. This studio develops cross-platform content marketing programs, including native advertising, to assist clients across various industries in engaging new consumers and fostering long-term customer relationships. The Local Media segment manages a portfolio of approximately 17 television broadcasting stations. These stations include 7 CBS affiliates, 5 FOX affiliates, 2 MyNetworkTV affiliates, 1 NBC affiliate, 1 ABC affiliate, and 2 independent stations. This segment also operates 12 dedicated websites and 12 mobile applications, primarily focused on delivering local news, sports, and weather updates. Furthermore, Local Media offers external clients geographically and demographically targeted advertising solutions through both digital and print channels. Established in 1902, Meredith Corporation is headquartered in Des Moines, Iowa.
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