-20.00%
-20.88%
-7.54%
-54.43%
-79.72%
-93.62%
-93.99%
AI Spotlight on CMLS
Company Description
Cumulus Media Inc., an audio-first media company, owns and operates radio stations in the United States.It owns and operates 406 stations in 86 markets, as well as approximately 9,500 affiliated stations through Westwood One.The company's content portfolio includes sports, news, talk, and entertainment programming from various brands, including the NFL, the NCAA, the Masters, CNN, the AP, the Academy of Country Music Awards, and other partners.
It also provides digital marketing services, such as email marketing, geo-targeted display and video solutions, website and microsite building, hosting, social media management, reputation management, and search engine marketing and optimization.The company serves advertisers through broadcast and on-demand digital, mobile, social, and voice-activated platforms.Cumulus Media Inc.
was incorporated in 2002 and is based in Atlanta, Georgia.
Market Data
| Last Price | 0.72 |
| Change Percentage | -20.00% |
| Open | 0.82 |
| Previous Close | 0.9 |
| Market Cap ( Millions) | 12 |
| Volume | 74059 |
| Year High | 3.95 |
| Year Low | 0.63 |
| M A 50 | 0.83 |
| M A 200 | 1.4 |
Financial Ratios
| FCF Yield | -302.14% |
| Dividend Yield | 0.00% |
| ROE | -57.68% |
| Debt / Equity | 337.00% |
| Net Debt / EBIDTA | -9685.68% |
| Price To Book | 0.05 |
| Price Earnings Ratio | -0.08 |
| Price To FCF | -0.33 |
| Price To sales | 0.01 |
| EV / EBITDA | -98.44 |
News
- Feb -27 - Cumulus Media Inc. (CMLS) Q4 2024 Earnings Call Transcript
- Feb -27 - Cumulus Media (CMLS) Reports Q4 Loss, Lags Revenue Estimates
- Feb -27 - Cumulus Media Reports Operating Results for 2024
- Feb -18 - Cumulus Media Announces Conference Call to Discuss Fourth Quarter and Full Year 2024 Operating Results
- Feb -18 - U.S. Soccer and Westwood One Reach English-Language Audio Rights Agreement
- Feb -10 - President Donald J. Trump to Appear on “The Mark Levin Show” Monday, February 10, 2025
- Feb -06 - Westwood One Presents Super Bowl LIX Game-Day Coverage With an All-Pro Broadcast Team
- Jan -23 - Westwood One to Broadcast NFL Championship Sunday, Sponsored by Intuit TurboTax
- Jan -22 - Cumulus Media Appoints a Top Shareholder Steven M. Galbraith to Board of Directors
- Jan -16 - Westwood One to Broadcast NFL Divisional Round, Sponsored by Intuit TurboTax
- Dec -16 - The Rome Empire Expands Again
- Nov -26 - Westwood One Introduces the Next Evening Star of Country Music Radio with Launch of “Country Nights Live with Bev Rainey”
- Nov -25 - Westwood One Brings the Next Generation of Syndicated Weekend Show, “American Country Countdown” to Music Fans With New Host, Ryan Fox
- Nov -22 - Mark Levin to Host New Original Podcast Series With Dr. Larry Arnn, President of Hillsdale College
- Nov -01 - Cumulus Media Inc. (CMLS) Q3 2024 Earnings Call Transcript
- Nov -01 - Cumulus Media (CMLS) Reports Q3 Loss, Lags Revenue Estimates
- Nov -01 - Cumulus Media Reports Operating Results for the Third Quarter 2024
- Oct -29 - Cumulus Media and TuneIn Expand Content Partnership Agreement
- Oct -21 - Cumulus Media Announces Conference Call to Discuss Third Quarter 2024 Operating Results
- Oct -02 - Rich Eisen Podcast Network Expands Programming With Two New Shows for the Cumulus Podcast Network
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Spot
Expected Growth : 1.2 %
What the company do ?
Spot from Cumulus Media Inc. is a 30-second audio advertisement played during a podcast or online radio show.
Why we expect these perspectives ?
Cumulus Media's Spot segment growth of 1.2% is driven by increasing demand for audio advertising, expansion of digital marketing solutions, and strategic acquisitions. Additionally, the company's focus on podcasting and digital content creation, as well as its strong relationships with advertisers, contribute to its growth momentum.
Segment n°2 -> Network
Expected Growth : 0.8 %
What the company do ?
Cumulus Media's network is a leading audio content provider, offering news, sports, talk, and entertainment radio programming to over 250 million monthly listeners.
Why we expect these perspectives ?
Cumulus Media Inc.'s Network segment growth is driven by increasing demand for audio advertising, expansion of digital marketing solutions, and strategic acquisitions. Additionally, the company's focus on podcasting and digital content creation, as well as its strong relationships with advertisers and radio stations, contribute to its growth.
Segment n°3 -> Digital
Expected Growth : 1.5 %
What the company do ?
Cumulus Media's Digital segment provides digital marketing services, including digital advertising, content creation, and social media management to radio stations and other clients.
Why we expect these perspectives ?
Cumulus Media's Digital segment growth of 1.5% is driven by increasing demand for digital advertising, expansion of podcasting and streaming services, and strategic investments in digital marketing solutions. Additionally, the company's focus on targeted advertising and analytics capabilities has improved its digital offerings, attracting more advertisers and listeners.
Segment n°4 -> Other
Expected Growth : 0.5 %
What the company do ?
Cumulus Media Inc.'s 'Other' segment includes revenue from digital marketing services, live events, and other non-broadcast activities.
Why we expect these perspectives ?
Cumulus Media Inc.'s 'Other' segment growth is driven by increasing demand for digital marketing services, expansion of podcasting business, and strategic partnerships. Additionally, the company's focus on cost savings initiatives and debt reduction efforts have improved profitability, contributing to the 0.5% growth.
Cumulus Media Inc. Products
| Product Range | What is it ? |
|---|---|
| Radio Broadcasting | Cumulus Media operates a large network of radio stations across the United States, offering a diverse range of programming, including music, news, sports, and entertainment. |
| Digital Media | Cumulus Media offers a suite of digital media products, including streaming, podcasts, and online advertising solutions, to help businesses reach their target audiences. |
| Westwood One | Westwood One is a leading provider of national radio programming, including sports, news, and entertainment content, to radio stations across the United States. |
| Cumulus Podcast Network | The Cumulus Podcast Network offers a diverse range of podcasts, covering topics such as news, sports, and entertainment, to listeners across the United States. |
Cumulus Media Inc.'s Porter Forces
Threat Of Substitutes
Cumulus Media Inc. faces moderate threat from substitutes due to the availability of alternative media platforms and formats, such as streaming services and social media.
Bargaining Power Of Customers
Cumulus Media Inc. has a diverse customer base, which reduces the bargaining power of individual customers, giving the company an upper hand in negotiations.
Bargaining Power Of Suppliers
Cumulus Media Inc. relies on a few major suppliers for content and broadcasting equipment, giving them some bargaining power, but the company's scale and diversification mitigate this risk.
Threat Of New Entrants
The high barriers to entry in the broadcasting industry, including regulatory hurdles and significant capital requirements, make it difficult for new entrants to challenge Cumulus Media Inc.'s position.
Intensity Of Rivalry
The broadcasting industry is highly competitive, with many established players vying for market share, advertising revenue, and audience attention, making the intensity of rivalry high for Cumulus Media Inc.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 71.23% |
| Debt Cost | 5.91% |
| Equity Weight | 28.77% |
| Equity Cost | 11.72% |
| WACC | 7.58% |
| Leverage | 247.61% |
Cumulus Media Inc. : Quality Control
Cumulus Media Inc. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| IHRT | iHeartMedia, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Multiplatform Group, Digital Audio Group, and Audio & Media Services Group. The Multiplatform Group segment … |
| UONE | Urban One, Inc., together with its subsidiaries, operates as an urban-oriented multi-media company in the United States. The company operates through four segments: Radio Broadcasting, Cable Television, Reach Media, and … |
| SSP | The E.W. Scripps Company, together with its subsidiaries, operates as a media enterprise through a portfolio of local and national media brands. The company operates through Local Media, Scripps Network, … |
| MDIA | MediaCo Holding Inc. owns and operates radio stations in the United States. It operates in two segments, Radio and Outdoor Advertising. The Radio segment engages in the operation of WQHT-FM … |
| FUBO | fuboTV Inc. operates a live TV streaming platform for live sports, news, and entertainment content in the United States and internationally. Its fuboTV platform allows customers to access content through … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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fuboTV
A-Score
1-Year Total Return ->
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iHeartMedia
A-Score
1-Year Total Return ->
🥉
Cumulus Media
A-Score
1-Year Total Return ->
4
MediaCo Holding
A-Score
1-Year Total Return ->
5
Scripps
A-Score
1-Year Total Return ->
6
