Salem Media Group, Inc. (SALM) Stock Analysis | Price, Returns, Financials & Key Metrics

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

81.53 k

Shareholding (Mar 2025)

FII

0.12%

Held by 2 FIIs

DII

92.34%

Held by 8 DIIs

Promoter

0.00%

How big is Salem Media Group, Inc.?

22-Jun-2025

As of Jun 18, Salem Media Group, Inc. has a market capitalization of 24.92 million and reported net sales of 230.65 million and net profit of 14.23 million over the latest four quarters.

What does Salem Media Group, Inc. do?

22-Jun-2025

Salem Media Group, Inc. is a multi-media company focused on Christian and Conservative content, with recent net sales of $52 million and a net profit of -$7 million. It has a market cap of $24.92 million and operates as a micro-cap company.

Who are in the management team of Salem Media Group, Inc.?

22-Jun-2025

As of March 2022, the management team of Salem Media Group, Inc. includes Chairman Stuart Epperson, CEO Edward Atsinger, and Independent Directors Heather Grizzle, Eric Halvorson, and Richard Riddle. They oversee the company's strategic direction and operations.

Is Salem Media Group, Inc. overvalued or undervalued?

20-Sep-2025

As of August 14, 2025, Salem Media Group, Inc. is considered very attractive and undervalued with a Price to Book Value of 0.15 and strong performance, having returned 188.33% over the past year, despite a high EV to EBITDA ratio of 141.25 compared to its peers.

Is Salem Media Group, Inc. technically bullish or bearish?

20-Sep-2025

As of June 5, 2025, Salem Media Group, Inc. shows a mildly bullish technical trend, supported by daily moving averages and monthly KST, while year-to-date and annual returns significantly outperform the S&P 500, though it has underperformed over the past 3 and 5 years.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

Unrated Stock - No Analysis Available

Mojo Parameters

Stock DNA

Industry

Media & Entertainment

Market cap

USD 24 Million (Micro Cap)

P/E

NA (Loss Making)

Industry P/E

Dividend Yield

0.00%

Debt Equity

0.63

Return on Equity

-3.61%

Price to Book

0.13

Revenue and Profits:

Net Sales:

52 Million

(Quarterly Results - Mar 2025)

Net Profit:

-7 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-42.35%

6 Months

-51.49%

1 Year

135.58%

2 Years

-20.97%

3 Years

-63.16%

4 Years

-82.62%

5 Years

-55.05%

Salem Media Group, Inc. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

Is Salem Media Group, Inc. technically bullish or bearish?

As of 5 June 2025, the technical trend for Salem Media Group, Inc. has changed from bullish to mildly bullish. The weekly MACD and Bollinger Bands indicate a mildly bearish stance, while the monthly indicators show a mildly bullish trend. The daily moving averages are mildly bullish, and the KST is bullish on a monthly basis. However, the weekly OBV is mildly bullish, contrasting with its monthly mildly bearish stance. Overall, the current technical stance is mildly bullish, driven primarily by the daily moving averages and monthly KST. In terms of multi-period returns, the stock has outperformed the S&P 500 year-to-date with a return of 37.30% compared to 12.22%, and over the past year with 188.33% against 17.14%. However, it has significantly underperformed over the 3-year and 5-year periods....

Is Salem Media Group, Inc. overvalued or undervalued?

As of 14 August 2025, the valuation grade for Salem Media Group, Inc. has moved from attractive to very attractive, indicating a stronger outlook for the company. Based on the current metrics, Salem Media Group appears to be undervalued, particularly when considering its Price to Book Value of 0.15, EV to Sales ratio of 0.61, and EV to Capital Employed ratio of 0.48. In comparison to its peers, Salem Media Group's EV to EBITDA ratio stands at 141.25, which is significantly higher than Sinclair, Inc. at 5.6434 and Gray Television, Inc. at 5.9429, suggesting that while the company is currently facing challenges, it may be undervalued relative to its potential. Additionally, Salem Media Group has outperformed the S&P 500 over the year with a return of 188.33% compared to the index's 17.14%, reinforcing the narrative of an undervalued stock with strong recovery potential....

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

-1.73%

EBIT Growth (5y)

-193.41%

EBIT to Interest (avg)

0.43

Debt to EBITDA (avg)

28.53

Net Debt to Equity (avg)

0.63

Sales to Capital Employed (avg)

0.80

Tax Ratio

Tax Ratio is Negative%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

16.11%

ROCE (avg)

2.83%

ROE (avg)

5.36%

Valuation key factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

Price to Book Value

0.15

EV to EBIT

-12.40

EV to EBITDA

141.25

EV to Capital Employed

0.48

EV to Sales

0.61

PEG Ratio

Dividend Yield

ROCE (Latest)

-3.85%

ROE (Latest)

-3.61%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bullish

RSI

No Signal

Bollinger Bands

Mildly Bearish

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Bullish

Dow Theory

Mildly Bearish

OBV

No Trend

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2025

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 7 Schemes (7.54%)

Foreign Institutions

Held by 2 Foreign Institutions (0.12%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Mar'25 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Mar 2025 is -11.77% vs -7.72% in Mar 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Mar 2025 is -36.54% vs 0.00% in Mar 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "51.70",
          "val2": "58.60",
          "chgp": "-11.77%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-4.80",
          "val2": "1.00",
          "chgp": "-580.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.40",
          "val2": "3.80",
          "chgp": "-89.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-3.40",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-7.10",
          "val2": "-5.20",
          "chgp": "-36.54%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-144.90%",
          "val2": "-37.60%",
          "chgp": "-10.73%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Dec 2024 is -8.16% vs -3.11% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Dec 2024 is 137.41% vs -1,253.12% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "237.60",
          "val2": "258.70",
          "chgp": "-8.16%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "5.90",
          "val2": "11.00",
          "chgp": "-46.36%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "14.90",
          "val2": "14.30",
          "chgp": "4.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "24.30",
          "val2": "-45.20",
          "chgp": "153.76%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "16.20",
          "val2": "-43.30",
          "chgp": "137.41%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-25.70%",
          "val2": "-10.10%",
          "chgp": "-1.56%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]

Quarterly Results Snapshot (Consolidated) - Mar'25 - YoY

Mar'25

Mar'24

Change(%)

Net Sales

51.70

58.60

-11.77%

Operating Profit (PBDIT) excl Other Income

-4.80

1.00

-580.00%

Interest

0.40

3.80

-89.47%

Exceptional Items

-3.40

0.00

Consolidate Net Profit

-7.10

-5.20

-36.54%

Operating Profit Margin (Excl OI)

-144.90%

-37.60%

-10.73%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Mar 2025 is -11.77% vs -7.72% in Mar 2024

Consolidated Net Profit

YoY Growth in quarter ended Mar 2025 is -36.54% vs 0.00% in Mar 2024

All Quarterly Results

Annual Results Snapshot (Consolidated) - Dec'24

Dec'24

Dec'23

Change(%)

Net Sales

237.60

258.70

-8.16%

Operating Profit (PBDIT) excl Other Income

5.90

11.00

-46.36%

Interest

14.90

14.30

4.20%

Exceptional Items

24.30

-45.20

153.76%

Consolidate Net Profit

16.20

-43.30

137.41%

Operating Profit Margin (Excl OI)

-25.70%

-10.10%

-1.56%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Dec 2024 is -8.16% vs -3.11% in Dec 2023

Consolidated Net Profit

YoY Growth in year ended Dec 2024 is 137.41% vs -1,253.12% in Dec 2023

All Annual Results

Company CV

About Salem Media Group, Inc.

Salem Media Group, Inc.

Media & Entertainment

Salem Media Group, Inc., formerly Salem Communications Corporation, is a multi-media company specializing in Christian and Conservative content, with media properties consisting of radio broadcasting, digital media, and book, magazine and newsletter publishing. The Company operates through three segments: Broadcast, Digital Media and Publishing. The Company's broadcasting segment is engaged in the ownership and operation of radio stations in metropolitan markets. The Company's radio stations carry national and local programming content, as well as national and local advertisers. The Company's Digital Media segment focuses on Web-based platform designed for audiences interested in Christian and family-themed content and conservative news. The Company's publishing segment consists of Regnery Publishing, Xulon Press and Salem Publishing. The Company owns and operates approximately 116 radio stations in over 40 markets.

Company Coordinates

Company Details

4880 SANTA ROSA RD , CAMARILLO CA : 93012

Tel: 1 805 98704001 805 9870400

http://salem.cc

Registrar Details

Salem Media Group, Inc.

1Day

52 Week

CASH

FII

DII

Promoter

How big is Salem Media Group, Inc.?

Watch in Real-Time

What does Salem Media Group, Inc. do?

Who are in the management team of Salem Media Group, Inc.?

Is Salem Media Group, Inc. overvalued or undervalued?

Is Salem Media Group, Inc. technically bullish or bearish?

MarketsMojo — Loved in India, Now Global

Dashboard

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

News

Is Salem Media Group, Inc. technically bullish or bearish?

Is Salem Media Group, Inc. overvalued or undervalued?

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Mar 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Consolidated) - Mar'25 - YoY

Annual Results Snapshot (Consolidated) - Dec'24

About Salem Media Group, Inc.

Company Coordinates