Report
Neil Macker
EUR 98.48 For Business Accounts Only

Grupo Televisa is a video content and distribution powerhouse, and pay TV has been performing well.

Grupo Televisa posted mixed fourth-quarter 2016 earnings as revenue came in above our expectations but EBITDA was below expectations as the company continues to deal with the ongoing depreciation of the Mexican peso. We are maintaining our wide economic moat rating for Grupo Televisa and our fair value estimate of $25. With the stock trading near our fair value estimate, we would look for a larger margin of safety before investing.
Consolidated net sales grew to MXN 27.3 billion, up 9% year over...
Underlying
Grupo Televisa SA (ADR)

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Neil Macker

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch