Intrinsic value of AMC Networks Cl A - AMCX

Previous Close

$53.73

  Intrinsic Value

premium content

  Rating & Target

premium content

  Value-price divergence*

premium content

Previous close

$53.73

 
Intrinsic value premium content
 
Up/down potential premium content
 
Rating premium content
 
Value-price divergence* premium content

Premium access subscription - $499/yr

please register and log in before paying

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of AMCX stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Revenue (in 2016), $M
Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Variable cost ratio, %
Fixed operating expenses, $M
Interest rate on debt, %
Effective corporate tax rate, %
Production assets / Revenue, %
Life of production assets, yrs
Working capital / Revenue, %
Revenue / Adjusted assets
Adjusted equity ratio
Cash flow adjustment, % of Revenue
Book value of equity, $M
Shares outstanding, mln
Market capitalization, $bln 3.7

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  6.78
  7.50
  7.25
  7.02
  6.82
  6.64
  6.48
  6.33
  6.20
  6.08
  5.97
  5.87
  5.78
  5.71
  5.64
  5.57
  5.51
  5.46
  5.42
  5.38
  5.34
  5.30
  5.27
  5.25
  5.22
  5.20
  5.18
  5.16
  5.15
  5.13
  5.12
Revenue, $m
  2,756
  2,963
  3,177
  3,401
  3,633
  3,874
  4,125
  4,386
  4,658
  4,941
  5,236
  5,543
  5,864
  6,198
  6,547
  6,912
  7,293
  7,692
  8,109
  8,544
  9,000
  9,478
  9,978
  10,501
  11,049
  11,624
  12,226
  12,857
  13,519
  14,212
  14,940
Variable operating expenses, $m
 
  2,143
  2,294
  2,450
  2,613
  2,782
  2,958
  3,141
  3,331
  3,530
  3,737
  3,886
  4,111
  4,346
  4,591
  4,846
  5,114
  5,393
  5,685
  5,991
  6,310
  6,645
  6,996
  7,363
  7,747
  8,150
  8,572
  9,014
  9,478
  9,965
  10,475
Fixed operating expenses, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  2,149
  2,143
  2,294
  2,450
  2,613
  2,782
  2,958
  3,141
  3,331
  3,530
  3,737
  3,886
  4,111
  4,346
  4,591
  4,846
  5,114
  5,393
  5,685
  5,991
  6,310
  6,645
  6,996
  7,363
  7,747
  8,150
  8,572
  9,014
  9,478
  9,965
  10,475
Operating income, $m
  607
  820
  884
  951
  1,020
  1,092
  1,167
  1,245
  1,326
  1,411
  1,499
  1,657
  1,752
  1,852
  1,957
  2,066
  2,180
  2,299
  2,423
  2,554
  2,690
  2,833
  2,982
  3,139
  3,302
  3,474
  3,654
  3,843
  4,040
  4,248
  4,465
EBITDA, $m
  692
  951
  1,020
  1,091
  1,166
  1,243
  1,324
  1,408
  1,495
  1,586
  1,680
  1,779
  1,882
  1,989
  2,101
  2,218
  2,341
  2,469
  2,602
  2,742
  2,888
  3,042
  3,202
  3,370
  3,546
  3,730
  3,924
  4,126
  4,338
  4,561
  4,794
Interest expense (income), $m
  128
  121
  102
  115
  128
  142
  157
  172
  188
  204
  221
  239
  257
  276
  296
  317
  339
  362
  386
  411
  437
  465
  494
  524
  555
  588
  622
  659
  697
  736
  778
Earnings before tax, $m
  455
  699
  782
  836
  892
  950
  1,010
  1,073
  1,139
  1,207
  1,278
  1,418
  1,495
  1,576
  1,660
  1,748
  1,840
  1,937
  2,037
  2,142
  2,253
  2,368
  2,489
  2,615
  2,747
  2,886
  3,032
  3,184
  3,344
  3,511
  3,687
Tax expense, $m
  165
  189
  211
  226
  241
  256
  273
  290
  307
  326
  345
  383
  404
  426
  448
  472
  497
  523
  550
  578
  608
  639
  672
  706
  742
  779
  819
  860
  903
  948
  996
Net income, $m
  271
  510
  571
  610
  651
  693
  737
  783
  831
  881
  933
  1,035
  1,092
  1,151
  1,212
  1,276
  1,344
  1,414
  1,487
  1,564
  1,644
  1,729
  1,817
  1,909
  2,006
  2,107
  2,213
  2,324
  2,441
  2,563
  2,692

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  481
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  4,481
  4,300
  4,612
  4,936
  5,272
  5,623
  5,987
  6,366
  6,760
  7,171
  7,599
  8,045
  8,510
  8,996
  9,503
  10,032
  10,586
  11,164
  11,769
  12,401
  13,063
  13,756
  14,481
  15,241
  16,037
  16,871
  17,745
  18,660
  19,621
  20,627
  21,683
Adjusted assets (=assets-cash), $m
  4,000
  4,300
  4,612
  4,936
  5,272
  5,623
  5,987
  6,366
  6,760
  7,171
  7,599
  8,045
  8,510
  8,996
  9,503
  10,032
  10,586
  11,164
  11,769
  12,401
  13,063
  13,756
  14,481
  15,241
  16,037
  16,871
  17,745
  18,660
  19,621
  20,627
  21,683
Revenue / Adjusted assets
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
  0.689
Average production assets, $m
  1,751
  1,881
  2,018
  2,159
  2,307
  2,460
  2,619
  2,785
  2,958
  3,137
  3,325
  3,520
  3,723
  3,936
  4,158
  4,389
  4,631
  4,884
  5,149
  5,426
  5,715
  6,018
  6,336
  6,668
  7,016
  7,381
  7,764
  8,164
  8,584
  9,025
  9,487
Working capital, $m
  742
  524
  562
  602
  643
  686
  730
  776
  824
  874
  927
  981
  1,038
  1,097
  1,159
  1,223
  1,291
  1,361
  1,435
  1,512
  1,593
  1,678
  1,766
  1,859
  1,956
  2,057
  2,164
  2,276
  2,393
  2,516
  2,644
Total debt, $m
  2,859
  2,218
  2,499
  2,790
  3,093
  3,408
  3,736
  4,077
  4,432
  4,802
  5,187
  5,588
  6,007
  6,444
  6,901
  7,377
  7,875
  8,395
  8,940
  9,509
  10,105
  10,728
  11,381
  12,065
  12,781
  13,532
  14,318
  15,142
  16,007
  16,913
  17,863
Total liabilities, $m
  4,511
  3,870
  4,151
  4,442
  4,745
  5,060
  5,388
  5,729
  6,084
  6,454
  6,839
  7,240
  7,659
  8,096
  8,553
  9,029
  9,527
  10,047
  10,592
  11,161
  11,757
  12,380
  13,033
  13,717
  14,433
  15,184
  15,970
  16,794
  17,659
  18,565
  19,515
Total equity, $m
  -30
  430
  461
  494
  527
  562
  599
  637
  676
  717
  760
  804
  851
  900
  950
  1,003
  1,059
  1,116
  1,177
  1,240
  1,306
  1,376
  1,448
  1,524
  1,604
  1,687
  1,774
  1,866
  1,962
  2,063
  2,168
Total liabilities and equity, $m
  4,481
  4,300
  4,612
  4,936
  5,272
  5,622
  5,987
  6,366
  6,760
  7,171
  7,599
  8,044
  8,510
  8,996
  9,503
  10,032
  10,586
  11,163
  11,769
  12,401
  13,063
  13,756
  14,481
  15,241
  16,037
  16,871
  17,744
  18,660
  19,621
  20,628
  21,683
Debt-to-equity ratio
  -95.300
  5.160
  5.420
  5.650
  5.870
  6.060
  6.240
  6.400
  6.560
  6.700
  6.830
  6.950
  7.060
  7.160
  7.260
  7.350
  7.440
  7.520
  7.600
  7.670
  7.740
  7.800
  7.860
  7.920
  7.970
  8.020
  8.070
  8.110
  8.160
  8.200
  8.240
Adjusted equity ratio
  -0.128
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100
  0.100

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  271
  510
  571
  610
  651
  693
  737
  783
  831
  881
  933
  1,035
  1,092
  1,151
  1,212
  1,276
  1,344
  1,414
  1,487
  1,564
  1,644
  1,729
  1,817
  1,909
  2,006
  2,107
  2,213
  2,324
  2,441
  2,563
  2,692
Depreciation, amort., depletion, $m
  85
  131
  136
  141
  146
  151
  157
  163
  168
  175
  181
  122
  129
  137
  144
  152
  161
  170
  179
  188
  198
  209
  220
  232
  244
  256
  270
  283
  298
  313
  329
Funds from operations, $m
  -435
  641
  707
  751
  797
  845
  894
  946
  1,000
  1,056
  1,114
  1,157
  1,221
  1,287
  1,356
  1,429
  1,504
  1,583
  1,666
  1,752
  1,843
  1,938
  2,037
  2,140
  2,249
  2,363
  2,483
  2,608
  2,739
  2,877
  3,021
Change in working capital, $m
  -949
  37
  38
  40
  41
  43
  44
  46
  48
  50
  52
  54
  57
  59
  62
  65
  67
  71
  74
  77
  81
  84
  88
  93
  97
  102
  107
  112
  117
  123
  129
Cash from operations, $m
  514
  615
  669
  711
  756
  802
  850
  900
  952
  1,006
  1,062
  1,103
  1,164
  1,228
  1,295
  1,364
  1,437
  1,513
  1,592
  1,675
  1,762
  1,853
  1,948
  2,048
  2,152
  2,262
  2,376
  2,496
  2,622
  2,754
  2,892
Maintenance CAPEX, $m
  0
  -61
  -65
  -70
  -75
  -80
  -85
  -91
  -97
  -103
  -109
  -115
  -122
  -129
  -137
  -144
  -152
  -161
  -170
  -179
  -188
  -198
  -209
  -220
  -232
  -244
  -256
  -270
  -283
  -298
  -313
New CAPEX, $m
  -79
  -130
  -136
  -142
  -147
  -153
  -159
  -166
  -173
  -180
  -187
  -195
  -204
  -212
  -222
  -232
  -242
  -253
  -265
  -277
  -290
  -303
  -317
  -332
  -348
  -365
  -382
  -401
  -420
  -440
  -462
Cash from investing activities, $m
  -175
  -191
  -201
  -212
  -222
  -233
  -244
  -257
  -270
  -283
  -296
  -310
  -326
  -341
  -359
  -376
  -394
  -414
  -435
  -456
  -478
  -501
  -526
  -552
  -580
  -609
  -638
  -671
  -703
  -738
  -775
Free cash flow, $m
  339
  423
  467
  499
  533
  569
  605
  643
  682
  723
  766
  792
  838
  886
  936
  988
  1,042
  1,099
  1,158
  1,220
  1,284
  1,351
  1,422
  1,495
  1,572
  1,653
  1,737
  1,826
  1,918
  2,015
  2,117
Issuance/(repayment) of debt, $m
  130
  -414
  281
  292
  303
  315
  328
  341
  355
  370
  385
  402
  419
  437
  456
  477
  498
  520
  544
  569
  596
  624
  653
  684
  716
  750
  786
  824
  864
  906
  950
Issuance/(repurchase) of shares, $m
  -233
  451
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  -154
  37
  281
  292
  303
  315
  328
  341
  355
  370
  385
  402
  419
  437
  456
  477
  498
  520
  544
  569
  596
  624
  653
  684
  716
  750
  786
  824
  864
  906
  950
Total cash flow (excl. dividends), $m
  165
  9
  747
  791
  836
  884
  933
  984
  1,037
  1,093
  1,151
  1,194
  1,257
  1,323
  1,392
  1,465
  1,540
  1,619
  1,702
  1,789
  1,880
  1,975
  2,075
  2,179
  2,289
  2,404
  2,524
  2,650
  2,783
  2,921
  3,067
Retained Cash Flow (-), $m
  -9
  -714
  -31
  -32
  -34
  -35
  -36
  -38
  -39
  -41
  -43
  -45
  -47
  -49
  -51
  -53
  -55
  -58
  -60
  -63
  -66
  -69
  -73
  -76
  -80
  -83
  -87
  -92
  -96
  -101
  -106
Prev. year cash balance distribution, $m
 
  254
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  0
  716
  759
  803
  849
  896
  946
  998
  1,052
  1,108
  1,149
  1,211
  1,275
  1,342
  1,412
  1,485
  1,562
  1,642
  1,726
  1,814
  1,906
  2,002
  2,103
  2,209
  2,320
  2,437
  2,559
  2,687
  2,821
  2,962
Discount rate, %
 
  7.40
  7.77
  8.16
  8.57
  8.99
  9.44
  9.92
  10.41
  10.93
  11.48
  12.05
  12.66
  13.29
  13.95
  14.65
  15.38
  16.15
  16.96
  17.81
  18.70
  19.63
  20.62
  21.65
  22.73
  23.87
  25.06
  26.31
  27.63
  29.01
  30.46
PV of cash for distribution, $m
 
  0
  617
  600
  578
  552
  522
  488
  452
  413
  374
  329
  290
  252
  216
  182
  150
  122
  98
  77
  59
  44
  32
  23
  16
  11
  7
  5
  3
  2
  1
Current shareholders' claim on cash, %
  100
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0
  50.0

AMC Networks Inc. owners and operates various cable television’s brands delivering content to audiences, and a platform to distributors and advertisers in the United States and internationally. The company operates in two segments, National Networks; and International and Other. The National Networks segment operates five distributed entertainment programming networks under the AMC, WE tv, BBC AMERICA, IFC, and SundanceTV names in high definition and standard definition formats. This segment distributes its networks in the United States through cable and other multichannel video programming distribution platforms, including direct broadcast satellite and platforms operated by telecommunications providers. The International and Other segment delivers entertaining and acclaimed programming services for subscribers in approximately 140 countries and territories, including Europe, Latin America, the Middle East, and the parts of Asia and Africa. This segment also operates in independent film distribution business that distributes films across various media platforms, including theaters, cable/satellite video on demand, DVDs and cable network television, and streaming/downloading to computers and other electronic devices. AMC Networks Inc. was founded in 1980 and is headquartered in New York, New York.

FINANCIAL RATIOS  of  AMC Networks Cl A (AMCX)

Valuation Ratios
P/E Ratio 13.6
Price to Sales 1.3
Price to Book -122.8
Price to Tangible Book
Price to Cash Flow 7.2
Price to Free Cash Flow 8.5
Growth Rates
Sales Growth Rate 6.8%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 16.2%
Cap. Spend. - 3 Yr. Gr. Rate 26.9%
Financial Strength
Quick Ratio 2
Current Ratio 0.5
LT Debt to Equity -8773.3%
Total Debt to Equity -9530%
Interest Coverage 5
Management Effectiveness
Return On Assets 8.1%
Ret/ On Assets - 3 Yr. Avg. 9.8%
Return On Total Capital 9.9%
Ret/ On T. Cap. - 3 Yr. Avg. 12.4%
Return On Equity -785.5%
Return On Equity - 3 Yr. Avg. -339.8%
Asset Turnover 0.6
Profitability Ratios
Gross Margin 54.5%
Gross Margin - 3 Yr. Avg. 56.3%
EBITDA Margin 24.2%
EBITDA Margin - 3 Yr. Avg. 27.2%
Operating Margin 22%
Oper. Margin - 3 Yr. Avg. 24.9%
Pre-Tax Margin 16.5%
Pre-Tax Margin - 3 Yr. Avg. 19.1%
Net Profit Margin 9.8%
Net Profit Margin - 3 Yr. Avg. 12%
Effective Tax Rate 36.3%
Eff/ Tax Rate - 3 Yr. Avg. 34.4%
Payout Ratio 0%

AMCX stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the AMCX stock intrinsic value calculation we used $2756 million for the last fiscal year's total revenue generated by AMC Networks Cl A. The default revenue input number comes from 2016 income statement of AMC Networks Cl A. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our AMCX stock valuation model: a) initial revenue growth rate of 7.5% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 7.4%, whose default value for AMCX is calculated based on our internal credit rating of AMC Networks Cl A, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of AMC Networks Cl A.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of AMCX stock the variable cost ratio is equal to 72.5%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for AMCX stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 4.6% for AMC Networks Cl A.

Corporate tax rate of 27% is the nominal tax rate for AMC Networks Cl A. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the AMCX stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for AMCX are equal to 63.5%.

Life of production assets of 28.8 years is the average useful life of capital assets used in AMC Networks Cl A operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for AMCX is equal to 17.7%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $-30 million for AMC Networks Cl A - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 69.419 million for AMC Networks Cl A is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of AMC Networks Cl A at the current share price and the inputted number of shares is $3.7 billion.


Premium access subscription - $499/yr

please register and log in before paying
RELATED COMPANIES Price Int.Val. Rating
FOXA 21st Century F 26.97 prem.  prem.
MSGN MSG Networks C 21.80 prem.  prem.
CMCSA Comcast Cl A 39.94 prem.  prem.
DIS Walt Disney 104.22 prem.  prem.
SNI Scripps Networ 66.61 prem.  prem.
VIAB Viacom Cl B 34.12 prem.  prem.
TWX Time Warner 99.40 prem.  prem.
NFLX Netflix 154.89 prem.  prem.
AMZN Amazon.com 1,001.30 prem.  prem.

COMPANY NEWS

▶ 'Cars 3' speeds to No. 1, Tupac biopic nets strong debut   [Jun-18-17 03:59PM  Associated Press]
▶ ETFs with exposure to AMC Networks, Inc. : June 15, 2017   [Jun-15-17 01:01PM  Capital Cube]
▶ Why Shares of AMC Networks Inc. Plunged 11% in May   [Jun-12-17 06:08PM  Motley Fool]
▶ Original Content Powers AMC   [Jun-09-17 07:00AM  Morningstar]
▶ ETFs with exposure to AMC Networks, Inc. : May 29, 2017   [May-29-17 12:41PM  Capital Cube]
▶ 'Pirates of the Caribbean' tops box office, 'Baywatch' sinks   [May-28-17 02:52PM  Associated Press]
▶ Gabelli & Companys 9th Annual Entertainment Conference   [May-25-17 08:57AM  Business Wire]
▶ 'Alien: Covenant' edges 'Guardians' at weekend box office   [May-21-17 02:20PM  Associated Press]
▶ ETFs with exposure to AMC Networks, Inc. : May 18, 2017   [May-18-17 01:31PM  Capital Cube]
▶ 5 Media Stocks Worth Tuning In For   [06:00AM  Morningstar]
▶ 'King Arthur' flops, 'Guardians 2' still rules at box office   [May-14-17 03:15PM  Associated Press]
▶ Hulu hires first chief content officer   [May-10-17 06:15PM  American City Business Journals]
▶ Hulu Names AMC's Joel Stillerman as Chief Content Officer   [02:00PM  The Wall Street Journal]
▶ [$$] Live! Is Where the Growth Is at for Cable   [May-08-17 10:38AM  The Wall Street Journal]
▶ AMC Networks Inc. Q1 Earnings Rose 28%   [01:25PM  Motley Fool]
▶ Media Circus, Part II: The Revenge of the Herd   [May-04-17 01:57PM  Investopedia]
▶ AMC Networks beats 1Q profit forecasts   [08:11AM  Associated Press]
▶ 'The Fate of the Furious' laps new films at box office   [Apr-23-17 03:17PM  Associated Press]
▶ AMC, Discovery and Viacom Said to Be Eyeing Web Bundle   [Apr-13-17 04:13PM  Bloomberg Video]
▶ AMC Networks Stock Sliding on Piper Jaffray Downgrade   [Apr-10-17 12:02PM  TheStreet.com]
▶ 'Boss Baby,' 'Beauty' outshine 'Smurfs 3' at box office   [Apr-09-17 02:59PM  Associated Press]
▶ 'Walking Dead' showrunner aims for 20 seasons on air   [Mar-31-17 01:15PM  at bizjournals.com]
▶ 'Walking Dead' showrunner aims for 20 seasons on air   [01:15PM  American City Business Journals]
Stock chart of AMCX Financial statements of AMCX Annual reports of AMCX
Valuation of Stocks

The paper VALUATION OF STOCKS: The Quest for Intrinsic Value provides a detailed description of our valuation model and discloses the calculation algorithm.

FREE DOWNLOAD
Follow us on:   twitter   twitter   twitter   twitter

VALUATION THEORY       ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2017. All rigths reserved.