-0.76 | -1.10%
SCRIPPS NETWORKS INTERACTIVE's gross profit margin for the first quarter of its fiscal year 2013 is essentially unchanged when compared to the same period a year ago. Even though sales increased, the net income has decreased. SCRIPPS NETWORKS INTERACTIVE is extremely liquid. Currently, the Quick Ratio is 3.90 which clearly shows the ability to cover any short-term cash needs. The company's liquidity has decreased from the same period last year.
During the same period, stockholders' equity ("net worth") has increased by 12.75% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is very unlikely to face financial difficulties in the near future.
| Income Statement | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Net Sales ($mil) | 594.39 | 535.35 |
| EBITDA ($mil) | 247.47 | 239.24 |
| EBIT ($mil) | 220.77 | 214.72 |
| Net Income ($mil) | 107.82 | 114.9 |
| Balance Sheet | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Cash & Equiv. ($mil) | 421.22 | 645.53 |
| Total Assets ($mil) | 4031.36 | 3848.88 |
| Total Debt ($mil) | 1384.28 | 1384.01 |
| Equity ($mil) | 1754.66 | 1556.23 |
| Profitability | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Gross Profit Margin | 72.45 | 74.26 |
| EBITDA Margin | 41.63 | 44.68 |
| Operating Margin | 37.14 | 40.11 |
| Sales Turnover | 0.59 | 0.55 |
| Return on Assets | 16.72 | 11.06 |
| Return on Equity | 38.43 | 31.35 |
| Debt | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Current Ratio | 5.85 | 7.23 |
| Debt/Capital | 0.44 | 0.47 |
| Interest Expense | 12.15 | 12.18 |
| Interest Coverage | 18.18 | 17.63 |
| Share Data | Q1 FY13 | Q1 FY12 |
|---|---|---|
| Shares outstanding (mil) | 146.96 | 152.24 |
| Div / share | 0.15 | 0.12 |
| EPS | 0.72 | 0.73 |
| Book value / share | 11.94 | 10.22 |
| Institutional Own % | n/a | n/a |
| Avg Daily Volume | 722908.0 | 893279.0 |
BUY. This stock's P/E ratio indicates a discount compared to an average of 19.25 for the Media industry and a discount compared to the S&P 500 average of 19.08. Conducting a second comparison, its price-to-book ratio of 5.72 indicates a significant premium versus the S&P 500 average of 2.44 and a premium versus the industry average of 5.05. The price-to-sales ratio is well above both the S&P 500 average and the industry average, indicating a premium.
| Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SNI 15.35 | Peers 19.25 | SNI 14.90 | Peers 13.61 | |||||||||||||||||||||
|
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. SNI is trading at a discount to its peers. |
Average. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. SNI is trading at a valuation on par to its peers. |
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| Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
| SNI 16.46 | Peers 20.77 | SNI NM | Peers 0.80 | |||||||||||||||||||||
|
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations. SNI is trading at a discount to its peers. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. SNI's negative PEG ratio makes this valuation measure meaningless. |
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| Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
| SNI 5.72 | Peers 5.05 | SNI 48.33 | Peers 99.30 | |||||||||||||||||||||
|
Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. SNI is trading at a premium to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, SNI is expected to significantly trail its peers on the basis of its earnings growth rate. |
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| Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
| SNI 4.24 | Peers 2.69 | SNI 11.26 | Peers 4.76 | |||||||||||||||||||||
|
Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. SNI is trading at a significant premium to its industry. |
Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share. SNI has a sales growth rate that significantly exceeds its peers. |
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