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Top 5 Companies in the Broadcasting Industry With the Highest Enterprise Value to Sales Ratio (HMTV, NXST, GTN, TRCO, TGNA)

By David Diaz

Below are the three companies in the Broadcasting industry with the highest Enterprise Value (EV) to Sales ratios. EV/Sales gives investors an idea of how much it costs to buy the company's sales and the lower the ratio, the more undervalued the company is believed to be.

Hemisphere Media ranks highest with a EV/Sales of 5.23. Following is Nexstar Media-A with a EV/Sales of 3.93. Gray Television ranks third highest with a EV/Sales of 3.63.

Tribune Media -A follows with a EV/Sales of 3.42, and Tegna Inc rounds out the top five with a EV/Sales of 3.41.

SmarTrend recommended that subscribers consider buying shares of Tegna Inc on September 6th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $15.88. Since that recommendation, shares of Tegna Inc have risen 7.8%. We continue to monitor Tegna Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest enterprise value to sales ratio hemisphere media nexstar media-a gray television tribune media -a tegna inc

Ticker(s): HMTV NXST GTN TRCO TGNA