SALM's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0.12 -- higher than merely 3.05% of US-listed equities with positive expected earnings growth.
With a price/sales ratio of 0.12, Salem Media Group Inc has a higher such ratio than just 3.89% of stocks in our set.
Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for SALM comes in at 78.32% -- higher than that of 95.86% of stocks in our set.
If you're looking for stocks that are quantitatively similar to Salem Media Group Inc, a group of peers worth examining would be OMP, AROC, HNP, TALO, and DCP.
SALM's SEC filings can be seen here. And to visit Salem Media Group Inc's official web site, go to www.salemmedia.com.
Salem Media Group owns and operates radio networks, which produce and distribute talk, news, and music programming to radio stations in the United States, focused on Christian and conservative-themed content. The company was founded in 1986 and is based in Camarillo, California.
SALM Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Salem Media Group Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Salem Media Group Inc ranked in the 75th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for SALM, they are:
9% of the company's capital comes from equity, which is greater than merely 3.39% of stocks in our cash flow based forecasting set.
Salem Media Group Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -1.81. This coverage rate is greater than that of just 17.69% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Salem Media Group Inc experienced a tax rate of about 726% over the past twelve months; relative to its sector (Consumer Cyclical), this tax rate is higher than 98.85% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
HTHT, BBY, UFAB, HOV, and LEE can be thought of as valuation peers to SALM, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
Salem Media Group, Inc. (SALM) Q2 2020 Earnings Conference Call August 06, 2020 5:00 PM ET Company Participants Evan Masyr – Executive Vice President and Chief Financial Officer Edward Atsinger – Chief Executive Officer David Evans – President of Interactive and Publishing Conference Call Participants Mike Kupinski – NOBLE Capital...
Salem Media Group ([[SALM]] +0.9%) completed a multi-year deal with QUU, a pioneer in driving the evolution of radio, to use the latter's patented multi-sensory marketing capabilities on 28 FM radio stations in 17 markets across U.S.QUU’s unique ad sync patented technology allows local stations to generate immediate additional revenue by...