SBGI Stock Analysis: Sinclair Broadcast | NASDAQ
Broadcasting | NASDAQ, USA | Market Cap: 924m USD | 12M Return: -8.3% | US8292421067 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.93M
Qual. Beats: -1
Rev. Trend: 12.6%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Sinclair, Inc. is a U.S. media company that delivers content through local television stations and digital platforms. The business is organized into two segments: Local Media, which operates broadcast TV stations, produces local and original news, and runs national networks such as The Nest, Comet, CHARGE!, The National News Desk, and Full Measure with Sharyl Attkisson; and Tennis, which centers on Tennis Channel, related streaming and international services, Tennis Channel 2 (a free ad-supported streaming channel), Tennis.com, and the FAST channel Pickleballtv. The company also offers digital and internet solutions, designs and manufactures broadcast systems, and holds investments in non-media businesses. Founded in 1971, Sinclair is headquartered in Hunt Valley, Maryland.
Like most U.S. broadcasters, Sinclair operates a dual-revenue model that combines advertising sales with retransmission and carriage fees paid by multichannel video programming distributors (MVPDs) for the right to carry its station signals. The sector as a whole is in the midst of a transition from traditional over-the-air distribution toward digital and streaming delivery, which is reflected in Sinclairs growing portfolio of FAST channels, podcasts, and direct-to-consumer streaming services alongside its core broadcast business.
- Political advertising revenue surges ahead of 2024 election cycle
- Tennis Channel streaming growth offsets Local Media cord-cutting decline
- High debt load and interest costs pressure free cash flow
| Net Income: 52.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -6.41 > 1.0 |
| NWC/Revenue: 20.70% < 20% (prev 19.74%; Δ 0.96% < -1%) |
| CFO/TA 0.03 > 3% & CFO 171.0m > Net Income 52.0m |
| Net Debt (3.72b) to EBITDA (727.0m): 5.12 < 3 |
| Current Ratio: 1.94 > 1.5 & < 3 |
| Outstanding Shares: last quarter (72.2m) vs 12m ago 3.69% < -2% |
| Gross Margin: 42.41% > 18% (prev 50.62%; Δ -8.20% > 0.5%) |
| Asset Turnover: 58.40% > 50% (prev 61.39%; Δ -2.99% > 0%) |
| Interest Coverage Ratio: 1.24 > 6 (EBIT TTM 413.0m / Interest Expense TTM 334.0m) |
| A: 0.12 (Total Current Assets 1.39b - Total Current Liabilities 714.0m) / Total Assets 5.48b |
| B: -0.05 (Retained Earnings -263.0m / Total Assets 5.48b) |
| C: 0.07 (EBIT TTM 413.0m / Avg Total Assets 5.58b) |
| D: 0.07 (Book Value of Equity 380.0m / Total Liabilities 5.18b) |
| Altman-Z'' = 1.23 = BB |
| DSRI: 1.11 (Receivables 647.0m/624.0m, Revenue 3.26b/3.48b) |
| GMI: 1.19 (GM 50.62% / 42.41%) |
| AQI: 1.01 (AQ_t 0.61 / AQ_t-1 0.60) |
| SGI: 0.94 (Revenue 3.26b / 3.48b) |
| TATA: -0.02 (NI 52.0m - CFO 171.0m) / TA 5.48b) |
| Beneish M = -2.80 (Cap -4..+1) = A |
As of September 30, 2026, the stock is trading at USD 12.76 with a total of 386,309 shares traded. Over the past week, the price has changed by -3.11%, over one month by -9.50%, over three months by -7.04% and over the past year by -8.31%.
Current recommended Stop Loss: 12.10 (which is 5.2% or 1.4 ATR below the current price).
Sinclair Broadcast has received a consensus analysts rating of 3.14. Therefore, it is recommended to hold SBGI.
- StrongBuy: 2
- Buy: 0
- Hold: 3
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 17.6 | 37.7% |
P/E Trailing = 16.2152
P/E Forward = 32.0513
P/S = 0.2839
P/B = 2.4474
P/EG = 0.8868
Revenue TTM = 3.26b USD
EBIT TTM = 413.0m USD
EBITDA TTM = 727.0m USD
Long Term Debt = 4.04b USD (from longTermDebt, last quarter)
Short Term Debt = 48.0m USD (from shortTermDebt, last quarter)
Debt = 4.33b USD (from shortLongTermDebtTotal, last quarter) + Leases 133.0m
Net Debt = 3.72b USD (calculated: Debt 4.33b - CCE 604.0m)
Enterprise Value = 4.65b USD (924.4m + Debt 4.33b - CCE 604.0m)
Interest Coverage Ratio = 1.24 (Ebit TTM 413.0m / Interest Expense TTM 334.0m)
EV/FCF = 48.90x (Enterprise Value 4.65b / FCF TTM 95.0m)
FCF Yield = 2.05% (FCF TTM 95.0m / Enterprise Value 4.65b)
FCF Margin = 2.92% (FCF TTM 95.0m / Revenue TTM 3.26b)
Net Margin = 1.60% (Net Income TTM 52.0m / Revenue TTM 3.26b)
Gross Margin = 42.41% ((Revenue TTM 3.26b - Cost of Revenue TTM 1.88b) / Revenue TTM)
Gross Margin QoQ = 45.83% (prev 36.80%)
Tobins Q-Ratio = 0.85 (Enterprise Value 4.65b / Total Assets 5.48b)
Interest Expense / Debt = 7.72% (Interest Expense 334.0m / Debt 4.33b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 326.3m (EBIT 413.0m * (1 - 21.00%))
Current Ratio = 1.94 (Total Current Assets 1.39b / Total Current Liabilities 714.0m)
Debt / Equity = 11.38 (Debt 4.33b / totalStockholderEquity, last quarter 380.0m)
Debt / EBITDA = 5.12 (Net Debt 3.72b / EBITDA 727.0m)
Debt / FCF = 39.17 (Net Debt 3.72b / FCF TTM 95.0m)
Total Stockholder Equity = 409.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.93% (Net Income 52.0m / Total Assets 5.48b)
RoE = 12.71% (Net Income TTM 52.0m / Total Stockholder Equity 409.2m)
RoCE = 9.29% (EBIT 413.0m / Capital Employed (Equity 409.2m + L.T.Debt 4.04b))
RoIC = 7.01% (NOPAT 326.3m / Invested Capital 4.65b)
WACC = 6.52% (E(924.4m)/V(5.25b) * Re(8.48%) + D(4.33b)/V(5.25b) * Rd(7.72%) * (1-Tc(0.21)))
Discount Rate = 8.48% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 98.40 | Cagr: 5.18%
[DCF] Terminal Value 73.10% ; FCFF base≈241.8m ; Y1≈212.0m ; Y5≈171.3m
[DCF] Fair Price = N/A (negative equity: EV 2.75b - Net Debt 3.72b = -971.1m; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.28 | # QB: -1
Revenue Correlation: 12.63 | Revenue CAGR: 0.62% | SUE: 0.02 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.05 | Chg30d=-44.44% | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=0.40 | Chg30d=-68.83% | Revisions=-40% | GrowthEPS=+121.0% | GrowthRev=+11.1%
EPS next Year (2027-12-31): EPS=-1.97 | Chg30d=-13.58% | Revisions=-40% | GrowthEPS=-591.2% | GrowthRev=-9.0%
[Analyst] Revisions Ratio: -57% (up=0, down=4)