Why is Salem Media Group, Inc. ?
1
With a Operating Losses, the company has a Weak Long Term Fundamental Strength
- Low ability to service debt as the company has a high Debt to EBITDA ratio of -1.99 times
- The company has been able to generate a Return on Equity (avg) of 5.36% signifying low profitability per unit of shareholders funds
2
Flat results in Mar 26
- NET PROFIT(HY) At USD -10.17 MM has Grown at -356.01%
- NET SALES(Q) Lowest at USD 45.89 MM
3
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -2.17%, its profits have risen by 169.6% ; the PEG ratio of the company is 0
4
Below par performance in long term as well as near term
- Along with generating -2.17% returns in the last 1 year, the stock has also underperformed S&P 500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Media & Entertainment)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Salem Media Group, Inc. for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Salem Media Group, Inc.
-2.17%
0.64
83.49%
S&P 500
20.78%
2.33
12.71%
Quality key factors
Factor
Value
Sales Growth (5y)
-2.08%
EBIT Growth (5y)
-209.11%
EBIT to Interest (avg)
0.43
Debt to EBITDA (avg)
28.53
Net Debt to Equity (avg)
0.63
Sales to Capital Employed (avg)
0.90
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
1.17%
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
0.09
EV to EBIT
-1.79
EV to EBITDA
-4.76
EV to Capital Employed
0.16
EV to Sales
0.15
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-9.06%
ROE (Latest)
-3.13%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Sideways
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
No Trend
No Trend
OBV
No Trend
No Trend
Technical Movement
5What is working for the Company
OPERATING CASH FLOW(Y)
Highest at USD -4.46 MM
RAW MATERIAL COST(Y)
Fallen by -1,753.26% (YoY
DEBTORS TURNOVER RATIO(HY)
Highest at 7.86 times
PRE-TAX PROFIT(Q)
At USD -2.92 MM has Grown at 50.8%
-8What is not working for the Company
NET PROFIT(HY)
At USD -10.17 MM has Grown at -356.01%
NET SALES(Q)
Lowest at USD 45.89 MM
Here's what is working for Salem Media Group, Inc.
Operating Cash Flow
Highest at USD -4.46 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (USD MM)
Pre-Tax Profit
At USD -2.92 MM has Grown at 50.8%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (USD MM)
Debtors Turnover Ratio
Highest at 7.86 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -1,753.26% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Here's what is not working for Salem Media Group, Inc.
Net Profit
At USD -10.17 MM has Grown at -356.01%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very negative
Net Profit (USD MM)
Net Sales
Lowest at USD 45.89 MM
in the last five periodsMOJO Watch
Near term sales trend is negative
Net Sales (USD MM)






