(NYT) New York Times - Overview
Sector: Communication Services | Industry: Publishing | Exchange: NYSE (USA) | Market Cap: 12.221m USD | Total Return: 35.7% in 12m
Industry Rotation: +3.5
Avg Turnover: 148M
EPS Trend: 69.8%
Qual. Beats: 1
Rev. Trend: 80.5%
Qual. Beats: 4
Warnings
No concerns identified
Tailwinds
Pead
The New York Times Company (NYSE: NYT) is a global media organization operating through two primary segments: The New York Times Group and The Athletic. Its business model has transitioned from a traditional print-heavy focus to a multi-product digital subscription ecosystem. This portfolio includes the core news product alongside specialized offerings such as Cooking, Games, Wirecutter, and Audio.
The company generates revenue through three main channels: subscriptions, advertising, and content licensing. In the broader publishing sector, media firms are increasingly prioritizing bundle strategies to increase user retention and lifetime value. NYT also leverages its brand through commercial printing services and the licensing of intellectual property for use in film, television, and academic databases.
For a deeper look into the companys valuation metrics and historical performance, consider reviewing the detailed data available on ValueRay. Founded in 1851, the company remains a central figure in the domestic publishing industry, utilizing a diverse advertising suite that spans digital display, audio, and live events.
- Digital subscription growth in Games and Cooking offsets print advertising revenue decline
- Bundle adoption rates drive higher average revenue per user and retention metrics
- The Athletic segment path to profitability influences overall corporate operating margins
- Advertising revenue sensitivity to macroeconomic conditions and luxury brand marketing spend
- Strategic reliance on direct-to-consumer digital platforms reduces third-party distribution dependency
| Net Income: 382.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.19 > 0.02 and ΔFCF/TA 3.44 > 1.0 |
| NWC/Revenue: 12.04% < 20% (prev 9.39%; Δ 2.65% < -1%) |
| CFO/TA 0.20 > 3% & CFO 577.6m > Net Income 382.4m |
| Net Debt (-545.8m) to EBITDA (576.7m): -0.95 < 3 |
| Current Ratio: 1.60 > 1.5 & < 3 |
| Outstanding Shares: last quarter (163.7m) vs 12m ago -0.73% < -2% |
| Gross Margin: 51.41% > 18% (prev 0.49%; Δ 5.09k% > 0.5%) |
| Asset Turnover: 103.7% > 50% (prev 96.08%; Δ 7.64% > 0%) |
| Interest Coverage Ratio: 496.4 > 6 (EBITDA TTM 576.7m / Interest Expense TTM 976k) |
| A: 0.12 (Total Current Assets 927.2m - Total Current Liabilities 577.9m) / Total Assets 2.86b |
| B: 0.91 (Retained Earnings 2.60b / Total Assets 2.86b) |
| C: 0.17 (EBIT TTM 484.5m / Avg Total Assets 2.80b) |
| D: 2.63 (Book Value of Equity 2.25b / Total Liabilities 857.9m) |
| Altman-Z'' Score: 7.69 = AAA |
| DSRI: 1.10 (Receivables 234.9m/192.5m, Revenue 2.90b/2.63b) |
| GMI: 0.96 (GM 51.41% / 49.49%) |
| AQI: 0.97 (AQ_t 0.51 / AQ_t-1 0.53) |
| SGI: 1.10 (Revenue 2.90b / 2.63b) |
| TATA: -0.07 (NI 382.4m - CFO 577.6m) / TA 2.86b) |
| Beneish M-Score: -2.99 (Cap -4..+1) = A |
Over the past week, the price has changed by -6.21%, over one month by -8.16%, over three months by +0.89% and over the past year by +35.67%.
- StrongBuy: 5
- Buy: 1
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 84 | 12.8% |
P/E Forward = 29.4118
P/S = 4.2519
P/B = 6.422
P/EG = 3.7947
Revenue TTM = 2.90b USD
EBIT TTM = 484.5m USD
EBITDA TTM = 576.7m USD
Long Term Debt = 36.6m USD (from capitalLeaseObligations, last fiscal year)
Short Term Debt = 12.1m USD (from shortTermDebt, last fiscal year)
Debt = 48.7m USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -545.8m USD (recalculated: Debt 48.7m - CCE 594.5m)
Enterprise Value = 11.67b USD (12.22b + Debt 48.7m - CCE 594.5m)
Interest Coverage Ratio = 496.4 (Ebit TTM 484.5m / Interest Expense TTM 976k)
EV/FCF = 21.53x (Enterprise Value 11.67b / FCF TTM 542.2m)
FCF Yield = 4.64% (FCF TTM 542.2m / Enterprise Value 11.67b)
FCF Margin = 18.69% (FCF TTM 542.2m / Revenue TTM 2.90b)
Net Margin = 13.18% (Net Income TTM 382.4m / Revenue TTM 2.90b)
Gross Margin = 51.41% ((Revenue TTM 2.90b - Cost of Revenue TTM 1.41b) / Revenue TTM)
Gross Margin QoQ = 46.16% (prev 54.23%)
Tobins Q-Ratio = 4.08 (Enterprise Value 11.67b / Total Assets 2.86b)
Interest Expense / Debt = 0.60% (Interest Expense 290k / Debt 48.7m)
Taxrate = 10.57% (10.4m / 98.3m)
NOPAT = 433.2m (EBIT 484.5m * (1 - 10.57%))
Current Ratio = 1.60 (Total Current Assets 927.2m / Total Current Liabilities 577.9m)
Debt / Equity = 0.02 (Debt 48.7m / totalStockholderEquity, last quarter 2.00b)
Debt / EBITDA = -0.95 (Net Debt -545.8m / EBITDA 576.7m)
Debt / FCF = -1.01 (Net Debt -545.8m / FCF TTM 542.2m)
Total Stockholder Equity = 1.99b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.67% (Net Income 382.4m / Total Assets 2.86b)
RoE = 19.22% (Net Income TTM 382.4m / Total Stockholder Equity 1.99b)
RoCE = 23.91% (EBIT 484.5m / Capital Employed (Equity 1.99b + L.T.Debt 36.6m))
RoIC = 21.82% (NOPAT 433.2m / Invested Capital 1.99b)
WACC = 6.72% (E(12.22b)/V(12.27b) * Re(6.74%) + D(48.7m)/V(12.27b) * Rd(0.60%) * (1-Tc(0.11)))
Discount Rate = 6.74% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares (quarterly) Correlation: -68.89 | Cagr: -0.58%
[DCF] Terminal Value 85.91% ; FCFF base≈495.1m ; Y1≈610.8m ; Y5≈1.04b
[DCF] Fair Price = 154.2 (EV 24.30b - Net Debt -545.8m = Equity 24.84b / Shares 161.1m; r=6.72% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 69.84 | EPS CAGR: 28.24% | SUE: 4.0 | # QB: 1
Revenue Correlation: 80.49 | Revenue CAGR: 6.84% | SUE: 1.55 | # QB: 4
EPS current Quarter (2026-06-30): EPS=0.66 | Chg30d=-1.36% | Revisions=-20% | Analysts=7
EPS next Quarter (2026-09-30): EPS=0.67 | Chg30d=+1.91% | Revisions=+25% | Analysts=7
EPS current Year (2026-12-31): EPS=2.85 | Chg30d=+4.88% | Revisions=+64% | GrowthEPS=+15.7% | GrowthRev=+9.7%
EPS next Year (2027-12-31): EPS=3.18 | Chg30d=+1.73% | Revisions=+64% | GrowthEPS=+11.8% | GrowthRev=+6.9%
[Analyst] Revisions Ratio: +64%