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Shares of Entercom Comm-A Rank the Highest in Terms of EV/EBITDA Ratio in the Broadcasting Industry (ETM, DISCA, DISCK, MEG, TSQ)

By Amy Schwartz

Below are the three companies in the Broadcasting industry with the highest enterprise value to EBITDA (EV/EBITDA) ratios. EV/EBITDA is an important metric used in valuing comparable companies. It is capital structure neutral and generally the lower the ratio, the more undervalued the company is believed to be.

Entercom Comm-A ranks highest with a an EV/EBITDA ratio of 49.49. Following is Discovery Comm-A with a an EV/EBITDA ratio of 27.33. Discovery Comm-C ranks third highest with a an EV/EBITDA ratio of 25.82.

Media General follows with a an EV/EBITDA ratio of 19.59, and Townsquare Med-A rounds out the top five with a an EV/EBITDA ratio of 16.41.

SmarTrend recommended that its subscribers protect gains by selling shares of Townsquare Med-A on March 6th, 2019 by issuing a Downtrend alert when the shares were trading at $5.27. Since that call, shares of Townsquare Med-A have fallen 3.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest ev/ebitda ratio entercom comm-a discovery comm-a discovery comm-c :meg media general townsquare med-a