Altice Usa Stock Fair Value Calculation – Altice USA Assures No Impact on US Business After Corruption Investigation

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Altice ($NYSE:ATUS) USA has recently reassured its US customers and shareholders that its current business operations will not be affected by a corruption investigation in Europe, where the company is based. The company, which operates cable, telecommunications, and media services in the US, has been found to be under investigation for possible corruption related to their activities in France and the Netherlands. Altice USA is a leading broadband communications and video services provider servicing residential, commercial, and enterprise customers. Altice USA also provides Optimum WiFi, a nationwide wireless network spanning more than 1 million hotspots, as well as mobile phone services for businesses and consumers. Despite the corruption investigation, Altice USA has issued a statement that the investigation will not impact their US business operations. The company has clearly stated that its American operations are separate from its European businesses.

Furthermore, they emphasized that all of their US operations are compliant with US laws and regulations, and that they have taken steps to strengthen their corporate governance practices. Altice USA is committed to providing high-quality services to all of its customers while ensuring that their US operations remain unaffected by any potential investigations in Europe. The company believes that their current practices are in compliance with all applicable US laws and regulations, and that there will be no impact on their American business operations as a result of the investigation.

Market Price

However, the company has reassured investors that this drop is not indicative of any issues within its US business. This drop follows an investigation into the company’s founder, Patrick Drahi, who is being accused of corruption in his native France. Despite this investigation, ALTICE USA has assured its investors that they will be unaffected by the investigation. The company has reiterated that their US operations have no involvement in the investigation and remain unaffected. Live Quote…

About the Company

Income Snapshot

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Analysis – Altice Usa Stock Fair Value Calculation

At GoodWhale, we have conducted an analysis of ALTICE USA‘s financials and our proprietary Valuation Line has determined an intrinsic value of around $14.6 for each of their shares. This means that the current stock price of $2.4 is undervalued by 83.6%. This presents a huge opportunity for any investor looking to add an undervalued company to their portfolio. Our team of analysts have identified a number of factors that contribute to this value discrepancy, such as improvement in the competitive landscape, strong balance sheet, and a history of consistent profits. More…

Peers

In the telecommunications industry, there is intense competition between Altice USA Inc and its major competitors: Charter Communications Inc, Comcast Corp, and Verizon Communications Inc. All four companies offer similar products and services, so they must differentiate themselves in order to attract and retain customers. Price is often a major factor in deciding which company to choose. In addition to price, customers also consider factors such as customer service, coverage, and speed when making their decision.

– Charter Communications Inc ($NASDAQ:CHTR)

Charter Communications Inc is a leading American telecommunications and mass media company with a market cap of 58.28B as of 2022. The company operates in four segments: residential, small and medium business, enterprise, and advertising sales. It offers a range of services, including broadband internet, video, and voice services, as well as digital advertising solutions. The company has a strong focus on delivering value to shareholders, with a return on equity of 80.45%.

– Comcast Corp ($NASDAQ:CMCSA)

Comcast Corporation is an American telecommunications conglomerate that provides cable television, internet, telephone, and wireless services to consumer under the Xfinity brand. It is the second-largest broadcasting and cable television company in the world by revenue and the largest pay-TV company, the largest cable TV company and largest home Internet service provider in the United States, and the nation’s third-largest home telephone service provider. Comcast has a market cap of 149.16B as of 2022 and a Return on Equity of 9.26%. The company provides services to over 26 million customers in 40 states and the District of Columbia.

– Verizon Communications Inc ($NYSE:VZ)

Verizon Communications Inc is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company has a market cap of 161.9B as of 2022 and a Return on Equity of 20.79%. Verizon was formed in 2000 by the merger of Bell Atlantic and GTE. It is one of the largest telecommunications companies in the world, with 144 million customers as of 2019. The company operates in four segments: Wireless, Residential, Business, and Verizon Media Group. Verizon Wireless is the largest wireless carrier in the United States with 151 million subscribers as of 2019. Verizon Residential provides FiOS Internet, TV, and digital voice services to residential customers in the United States. Verizon Business provides voice, data, and Internet services to businesses and government agencies. Verizon Media Group is a media and technology company that operates AOL, Yahoo!, HuffPost, TechCrunch, and other brands.

Summary

Altice USA, a telecommunications and media services company, is currently under investigation for corruption in foreign countries. On the same day the news was released, their stock price moved down. Investors should consider Altice USA’s legal risks when considering whether to invest in the company.

Additionally, investors should carefully examine the company’s financial performance and outlook to understand any potential impacts on US business operations from the investigation. The company also faces competitive pressures from other telecom and media services providers, and investors should consider these in their assessment. Ultimately, investors must decide if the potential risks outweigh the company’s potential earnings and future prospects.