Saga Communications Intrinsic Value – SAGACommunications Reports USD 29.2 Million Revenue for Q2 2023, Down 2.1% YOY
August 15, 2023
🌥️Earnings Overview
On August 8, SAGA ($NASDAQ:SGA)Communications released their earnings results for the quarter ending June 30 2023, showing that total revenue had decreased by 2.1% to USD 29.2 million compared to the same quarter in the prior year. Additionally, net income decreased by 12.3% from the same quarter in the prior year to USD 3.4 million.
Analysis – Saga Communications Intrinsic Value
GoodWhale has conducted an analysis of SAGA COMMUNICATIONS‘s fundamentals. According to our proprietary Valuation Line, the intrinsic value of SAGA COMMUNICATIONS share is estimated to be around $33.1. Currently, the stock is traded at $21.1, which implies that it is undervalued by 36.2%. This presents an opportunity for investors to benefit from buying SAGA COMMUNICATIONS’s stock at a discounted price. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Saga Communications. More…
| Total Revenues | Net Income | Net Margin |
| 114.58 | 8.39 | 7.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Saga Communications. More…
| Operations | Investing | Financing |
| 15.82 | -3.29 | -30.74 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Saga Communications. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 228.54 | 50.12 | 29.14 |
Key Ratios Snapshot
Some of the financial key ratios for Saga Communications are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.6% | 14.2% | 11.3% |
| FCF Margin | ROE | ROA |
| 9.4% | 4.5% | 3.5% |
Peers
The company was founded in 1986 and is headquartered in Grosse Pointe Farms, Michigan. As of December 31, 2016, Saga Communications Inc. owned and operated 148 radio stations in 36 markets. The company’s competitors include Music Broadcast Ltd, WENR Corp, and American Basketball Association Inc.
– Music Broadcast Ltd ($BSE:540366)
Music Broadcast Ltd is an India-based company engaged in the business of radio broadcasting. The Company offers radio broadcasting services under the brand name of Radio City. As of March 31, 2017, the Company operated 37 stations in India. The Company’s segments include Advertising and Subscription. The Company’s geographical segments include India and Others. The Company’s stations include Mumbai, Delhi, Bengaluru, Kolkata, Chennai, Pune, Hyderabad, Jaipur, Ahmedabad, Surat, Nagpur, Goa, Lucknow, Guwahati, Indore, Bhopal, Visakhapatnam, Kochi, Coimbatore, Jabalpur, Patna, Agra, Jamshedpur, Ranchi, Bhubaneswar, Raipur, Amritsar, Chandigarh, Srinagar, Nashik, Aurangabad, Vijayawada and Mangalore.
Summary
SAGA Communications Inc. has reported its earnings results for the quarter ending June 30 2023, with total revenue of USD 29.2 million and net income of USD 3.4 million. This represents a decrease of 2.1% and 12.3% respectively, compared to the same quarter in the previous year. Investors in SAGA Communications should consider the lower revenue and profitability as a potential risk factor when making investment decisions. Additionally, it is important to analyze the company’s future performance and outlook in order to make an informed investment decision.
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