Sinclair, Inc. (SBGI) vs E.W. Scripps Company (The) (SSP)

Sinclair, Inc. and E.W. Scripps Company (The) are both Broadcasting companies. Sinclair, Inc. is the larger, with a market value of $921.3M against $266.0M — 3.5× the size. E.W. Scripps Company (The) has negative trailing earnings, so its P/E is not meaningful; Sinclair, Inc. trades at 16.8×. Sinclair, Inc. grew revenue faster over the last twelve months: −6.46% against −14.2%. Sinclair, Inc. has the higher net margin (1.60% vs −61.1%) and the higher return on invested capital (3.57% vs −25.6%). Both pay a dividend; Sinclair, Inc. yields more (7.13% vs 1.03%). Across the 20 metrics below, Sinclair, Inc. leads on 15 and E.W. Scripps Company (The) on 5.

Valuation

Metric SBGI SSP Broadcasting median
P/E 16.82 n/m —
P/S 0.28 0.12 0.14
P/B 3.03 n/m 0.86
Price to free cash flow 9.71 7.10 6.42
EV/EBITDA 7.96 11.96 8.64
EV/Sales 1.34 1.31 1.31
Earnings yield 5.95% (505.07%) (16.05%)
Free cash flow yield 10.30% 14.08% 0.00%

Profitability

Metric SBGI SSP Broadcasting median
Gross margin 47.70% 40.36% 40.36%
Operating margin 6.60% (50.29%) (12.31%)
Net margin 1.60% (61.13%) (8.55%)
Free cash flow margin 2.92% 1.73% (0.22%)
Return on equity 17.42% (462.40%) (5.70%)
Return on assets 0.93% (29.31%) (5.59%)
Return on invested capital 3.57% (25.60%) (0.41%)

Growth

Metric SBGI SSP Broadcasting median
Revenue growth (TTM) (6.46%) (14.18%) (11.30%)
EPS growth (last fiscal year) (134.54%) (285.15%) —
Revenue growth, 5-year CAGR (11.82%) 2.97% 1.91%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric SBGI SSP Broadcasting median
Debt to equity 13.35 24.77 0.46
Current ratio 1.94 1.34 1.41
Net debt to EBITDA 7.09 7.67 3.66

Dividend

Metric SBGI SSP Broadcasting median
Dividend yield 7.13% 1.03% 4.14%
Payout ratio 0.34 0.00 0.00

Size

Metric SBGI SSP Broadcasting median
Market cap 921.33m 265.96m 185.13m

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