Warner Music Group Corp. (WMG)
Total Valuation
WMG has a market cap or net worth of $17.26 billion. The enterprise value is $20.80 billion.
Market Cap | 17.26B |
Enterprise Value | 20.80B |
Important Dates
The next estimated earnings date is Tuesday, May 7, 2024, before market open.
Earnings Date | May 7, 2024 |
Ex-Dividend Date | Feb 21, 2024 |
Share Statistics
WMG has 522.73 million shares outstanding. The number of shares has increased by 0.27% in one year.
Shares Outstanding | 522.73M |
Shares Change (YoY) | +0.27% |
Shares Change (QoQ) | +0.10% |
Owned by Insiders (%) | 7.09% |
Owned by Institutions (%) | 93.93% |
Float | 133.40M |
Valuation Ratios
The trailing PE ratio is 37.52 and the forward PE ratio is 25.04. WMG's PEG ratio is 1.14.
PE Ratio | 37.52 |
Forward PE | 25.04 |
PS Ratio | 2.74 |
Forward PS | 2.61 |
PB Ratio | 37.27 |
P/FCF Ratio | 27.13 |
PEG Ratio | 1.14 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 18.28, with an EV/FCF ratio of 32.70.
EV / Earnings | 44.53 |
EV / Sales | 3.30 |
EV / EBITDA | 18.28 |
EV / EBIT | 25.71 |
EV / FCF | 32.70 |
Financial Position
The company has a current ratio of 0.70, with a Debt / Equity ratio of 9.28.
Current Ratio | 0.70 |
Quick Ratio | 0.52 |
Debt / Equity | 9.28 |
Debt / EBITDA | 3.78 |
Debt / FCF | 6.75 |
Interest Coverage | 5.47 |
Financial Efficiency
Return on equity (ROE) is 143.40% and return on invested capital (ROIC) is 12.05%.
Return on Equity (ROE) | 143.40% |
Return on Assets (ROA) | 5.50% |
Return on Capital (ROIC) | 12.05% |
Revenue Per Employee | $1.07M |
Profits Per Employee | $79,153 |
Employee Count | 5,900 |
Asset Turnover | 0.75 |
Inventory Turnover | 31.69 |
Taxes
In the past 12 months, WMG has paid $194.00 million in taxes.
Income Tax | 194.00M |
Effective Tax Rate | 29.35% |
Stock Price Statistics
The stock price has increased by +1.82% in the last 52 weeks. The beta is 1.47, so WMG's price volatility has been higher than the market average.
Beta (1Y) | 1.47 |
52-Week Price Change | +1.82% |
50-Day Moving Average | 35.00 |
200-Day Moving Average | 32.65 |
Relative Strength Index (RSI) | 42.01 |
Average Volume (30 Days) | 1,336,093 |
Short Selling Information
The latest short interest is 3.66 million, so 0.70% of the outstanding shares have been sold short.
Short Interest | 3.66M |
Short Previous Month | 2.59M |
Short % of Shares Out | 0.70% |
Short % of Float | 2.74% |
Short Ratio (days to cover) | 2.55 |
Income Statement
In the last 12 months, WMG had revenue of $6.30 billion and earned $467.00 million in profits. Earnings per share was $0.88.
Revenue | 6.30B |
Gross Profit | 3.00B |
Operating Income | 812.00M |
Pretax Income | 661.00M |
Net Income | 467.00M |
EBITDA | 1.14B |
EBIT | 809.00M |
Earnings Per Share (EPS) | $0.88 |
Balance Sheet
The company has $754.00 million in cash and $4.30 billion in debt, giving a net cash position of -$3.54 billion or -$6.78 per share.
Cash & Cash Equivalents | 754.00M |
Total Debt | 4.30B |
Net Cash | -3.54B |
Net Cash Per Share | -$6.78 |
Equity / Book Value | 463.00M |
Book Value Per Share | 0.89 |
Working Capital | -1.13B |
Cash Flow
In the last 12 months, operating cash flow was $771.00 million and capital expenditures -$135.00 million, giving a free cash flow of $636.00 million.
Operating Cash Flow | 771.00M |
Capital Expenditures | -135.00M |
Free Cash Flow | 636.00M |
FCF Per Share | $1.23 |
Margins
Gross margin is 47.66%, with operating and profit margins of 12.90% and 7.42%.
Gross Margin | 47.66% |
Operating Margin | 12.90% |
Pretax Margin | 10.50% |
Profit Margin | 7.42% |
EBITDA Margin | 18.07% |
EBIT Margin | 12.85% |
FCF Margin | 10.10% |
Dividends & Yields
This stock pays an annual dividend of $0.68, which amounts to a dividend yield of 2.06%.
Dividend Per Share | $0.68 |
Dividend Yield | 2.06% |
Dividend Growth (YoY) | 6.35% |
Years of Dividend Growth | 4 |
Payout Ratio | 77.27% |
Buyback Yield | -0.27% |
Shareholder Yield | 1.79% |
Earnings Yield | 2.71% |
FCF Yield | 3.69% |
Analyst Forecast
The average price target for WMG is $35.33, which is 7.00% higher than the current price. The consensus rating is "Buy".
Price Target | $35.33 |
Price Target Difference | 7.00% |
Analyst Consensus | Buy |
Analyst Count | 18 |
Revenue Growth Forecast (5Y) | 7.86% |
EPS Growth Forecast (5Y) | 23.05% |
Stock Splits
This stock does not have any record of stock splits.
Last Split Date | n/a |
Split Type | n/a |
Split Ratio | n/a |
Scores
WMG has an Altman Z-Score of 1.88 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | 1.88 |
Piotroski F-Score | 5 |