SHEN Stock Analysis: Shenandoah | NASDAQ
Telecom Services | NASDAQ, USA | Market Cap: 637m USD | 12M Return: -15.5% | US82312B1061 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 10.8M
Qual. Beats: 1
Rev. Trend: 95.5%
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.
Shenandoah Telecommunications Company (SHEN) is a U.S. regional telecommunications provider offering broadband internet, video, and voice services to residential and commercial customers across the Mid-Atlantic and Midwest, operating in Virginia, West Virginia, Maryland, Pennsylvania, Kentucky, Delaware, Ohio, and Indiana. The company delivers its fiber-based services under the Glo Fiber brand and uses a hybrid fiber-coaxial network under the Shentel brand, while its Glo Fiber Business unit provides Ethernet, wavelength, and dark fiber solutions to enterprise and wholesale customers. Founded in 1902 and headquartered in Edinburg, Virginia, SHEN also retains legacy DSL telephone services as part of its product mix.
The company is classified within the Communication Services sector (Wireless Telecommunication Services sub-industry) and functions as a regional integrated broadband operator, combining consumer fiber-to-the-home deployment with business-grade connectivity services. Its rural and small-metro service footprint differentiates it from large national incumbents, though fiber network expansion typically requires significant capital investment.
- Glo Fiber broadband subscriber additions accelerate revenue growth
- Cable segment subscriber losses pressure Shentel legacy revenue
- Fiber buildout capex pressures near-term free cash flow margins
| Net Income: -41.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.11 > 0.02 and ΔFCF/TA 2.36 > 1.0 |
| NWC/Revenue: -4.43% < 20% (prev -9.04%; Δ 4.61% < -1%) |
| CFO/TA 0.06 > 3% & CFO 108.8m > Net Income -41.7m |
| Net Debt (716.9m) to EBITDA (116.2m): 6.17 < 3 |
| Current Ratio: 0.85 > 1.5 & < 3 |
| Outstanding Shares: last quarter (55.8m) vs 12m ago 1.23% < -2% |
| Gross Margin: 55.32% > 18% (prev 51.83%; Δ 3.49% > 0.5%) |
| Asset Turnover: 19.37% > 50% (prev 19.26%; Δ 0.11% > 0%) |
| Interest Coverage Ratio: -0.49 > 6 (EBIT TTM -16.5m / Interest Expense TTM 33.6m) |
| A: -0.01 (Total Current Assets 93.4m - Total Current Liabilities 109.7m) / Total Assets 1.97b |
| B: 0.35 (Retained Earnings 696.9m / Total Assets 1.97b) |
| C: -0.01 (EBIT TTM -16.5m / Avg Total Assets 1.89b) |
| D: 0.77 (Book Value of Equity 859.9m / Total Liabilities 1.12b) |
| Altman-Z'' = 1.85 = BBB |
| DSRI: 0.60 (Receivables 24.0m/37.8m, Revenue 367.0m/349.5m) |
| GMI: 0.94 (GM 51.83% / 55.32%) |
| AQI: 0.93 (AQ_t 0.10 / AQ_t-1 0.10) |
| SGI: 1.05 (Revenue 367.0m / 349.5m) |
| TATA: -0.08 (NI -41.7m - CFO 108.8m) / TA 1.97b) |
| Beneish M = -3.42 (Cap -4..+1) = AA |
As of October 09, 2026, the stock is trading at USD 11.52 with a total of 868,281 shares traded. Over the past week, the price has changed by +3.32%, over one month by -5.50%, over three months by -10.97% and over the past year by -15.51%.
Current recommended Stop Loss: 10.50 (which is 8.9% or 2 ATR below the current price).
Shenandoah has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy SHEN.
- StrongBuy: 1
- Buy: 1
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 27.5 | 138.7% |
P/E Forward = 3.6036
P/S = 1.7348
P/B = 0.7784
P/EG = 0.8658
Revenue TTM = 367.0m USD
EBIT TTM = -16.5m USD
EBITDA TTM = 116.2m USD
Long Term Debt = 715.0m USD (from longTermDebt, last quarter)
Short Term Debt = 2.77m USD (from shortTermDebt, last quarter)
Debt = 740.8m USD (from shortLongTermDebtTotal, last quarter) + Leases 12.9m
Net Debt = 716.9m USD (calculated: Debt 740.8m - CCE 23.9m)
Enterprise Value = 1.35b USD (636.7m + Debt 740.8m - CCE 23.9m)
Interest Coverage Ratio = -0.49 (Ebit TTM -16.5m / Interest Expense TTM 33.6m)
EV/FCF = -5.97x (Enterprise Value 1.35b / FCF TTM -226.9m)
FCF Yield = -16.76% (FCF TTM -226.9m / Enterprise Value 1.35b)
FCF Margin = -61.82% (FCF TTM -226.9m / Revenue TTM 367.0m)
Net Margin = -11.38% (Net Income TTM -41.7m / Revenue TTM 367.0m)
Gross Margin = 55.32% ((Revenue TTM 367.0m - Cost of Revenue TTM 164.0m) / Revenue TTM)
Gross Margin QoQ = 65.01% (prev 27.52%)
Tobins Q-Ratio = 0.69 (Enterprise Value 1.35b / Total Assets 1.97b)
Interest Expense / Debt = 4.54% (Interest Expense 33.6m / Debt 740.8m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -13.0m (EBIT -16.5m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.85 (Total Current Assets 93.4m / Total Current Liabilities 109.7m)
Debt / Equity = 0.86 (Debt 740.8m / totalStockholderEquity, last quarter 859.9m)
Debt / EBITDA = 6.17 (Net Debt 716.9m / EBITDA 116.2m)
Debt / FCF = -3.16 (negative FCF - burning cash) (Net Debt 716.9m / FCF TTM -226.9m)
Total Stockholder Equity = 875.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -2.20% (Net Income -41.7m / Total Assets 1.97b)
RoE = -4.77% (Net Income TTM -41.7m / Total Stockholder Equity 875.1m)
RoCE = -1.04% (EBIT -16.5m / Capital Employed (Equity 875.1m + L.T.Debt 715.0m))
RoIC = -0.70% (negative operating profit) (NOPAT -13.0m / Invested Capital 1.85b)
WACC = 5.43% (E(636.7m)/V(1.38b) * Re(7.58%) + D(740.8m)/V(1.38b) * Rd(4.54%) * (1-Tc(0.21)))
Discount Rate = 7.58% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 70.85 | Cagr: 4.05%
[DCF] Fair Price = unknown (Cash Flow -226.9m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 1.50 | # QB: 1
Revenue Correlation: 95.52 | Revenue CAGR: 13.37% | SUE: 0.35 | # QB: 0
EPS current Quarter (2026-09-30): EPS=-0.23 | Chg30d=-0.44% | Revisions=-25% | Analysts=2
EPS current Year (2026-12-31): EPS=-0.88 | Chg30d=+9.50% | Revisions=-25% | GrowthEPS=-24.1% | GrowthRev=+4.8%
EPS next Year (2027-12-31): EPS=-0.65 | Chg30d=+15.43% | Revisions=-25% | GrowthEPS=+26.3% | GrowthRev=+5.2%
[Analyst] Revisions Ratio: -50% (up=0, down=3)