Tearsheet

Entravision Communications (EVC)


Market Price (4/30/2026): $3.745 | Market Cap: $341.3 Mil
Sector: Communication Services | Industry: Advertising

Entravision Communications (EVC)


Market Price (4/30/2026): $3.745
Market Cap: $341.3 Mil
Sector: Communication Services
Industry: Advertising

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 23%

Attractive yield
Dividend Yield is 5.3%

Megatrend and thematic drivers
Megatrends include Digital Advertising, and Social Media & Creator Economy. Themes include Ad-Tech Platforms.

Trading close to highs
Dist 52W High is -2.9%

Weak multi-year price returns
3Y Excs Rtn is -96%

Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 32x

Stock price has recently run up significantly
12M Rtn12 month market price return is 117%

Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 51%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -22%

Key risks
EVC key risks include [1] persistent unprofitability driven by its declining traditional media segment and [2] concentrated exposure to economic volatility in Latin America and a heavy reliance on the U.S. Show more.

0 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 23%
1 Attractive yield
Dividend Yield is 5.3%
2 Megatrend and thematic drivers
Megatrends include Digital Advertising, and Social Media & Creator Economy. Themes include Ad-Tech Platforms.
3 Trading close to highs
Dist 52W High is -2.9%
4 Weak multi-year price returns
3Y Excs Rtn is -96%
5 Expensive valuation multiples
P/CFOPrice/(Cash Flow from Operations). CFO is cash before capital expenditures. is 32x
6 Stock price has recently run up significantly
12M Rtn12 month market price return is 117%
7 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 51%
8 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -22%
9 Key risks
EVC key risks include [1] persistent unprofitability driven by its declining traditional media segment and [2] concentrated exposure to economic volatility in Latin America and a heavy reliance on the U.S. Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Entravision Communications (EVC) stock has gained about 30% since 12/31/2025 because of the following key factors:

1. Exceptional Growth in Advertising Technology & Services (ATS) Segment: Entravision's ATS segment demonstrated robust performance, with revenue more than doubling in Q4 2025 to $88.6 million, representing a 123% increase year-over-year. For the full year 2025, ATS revenue grew 90% to $270.9 million. This segment's operating profit surged by 464% year-over-year to $12.3 million in Q4 2025 and 317% for the full year 2025, reaching $33.8 million. The company's investments in engineering, AI capabilities, sales capacity, and the acquisition of Playback Rewards' technology to enhance its Adwake platform contributed to this strong growth.

2. Anticipation of Strong Political Advertising Revenue in 2026: Management highlighted expectations for significant political advertising revenue in 2026, a key driver for its Media segment. This comes after the Media segment experienced a 32% year-over-year revenue decline in Q4 2025, primarily due to the absence of political revenue that was present in 2024. The upcoming election cycle in 2026 is poised to provide a substantial boost to this segment.

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Stock Movement Drivers

Fundamental Drivers

The 29.8% change in EVC stock from 12/31/2025 to 4/29/2026 was primarily driven by a 22.1% change in the company's P/S Multiple.
(LTM values as of)123120254292026Change
Stock Price ($)2.883.7429.8%
Change Contribution By: 
Total Revenues ($ Mil)4204486.5%
P/S Multiple0.60.822.1%
Shares Outstanding (Mil)9191-0.2%
Cumulative Contribution29.8%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/29/2026
ReturnCorrelation
EVC29.8% 
Market (SPY)5.2%12.5%
Sector (XLC)-1.8%11.9%

Fundamental Drivers

The 65.8% change in EVC stock from 9/30/2025 to 4/29/2026 was primarily driven by a 47.2% change in the company's P/S Multiple.
(LTM values as of)93020254292026Change
Stock Price ($)2.263.7465.8%
Change Contribution By: 
Total Revenues ($ Mil)39744812.8%
P/S Multiple0.50.847.2%
Shares Outstanding (Mil)9191-0.2%
Cumulative Contribution65.8%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/29/2026
ReturnCorrelation
EVC65.8% 
Market (SPY)8.0%12.1%
Sector (XLC)-2.0%14.5%

Fundamental Drivers

The 92.2% change in EVC stock from 3/31/2025 to 4/29/2026 was primarily driven by a 58.4% change in the company's P/S Multiple.
(LTM values as of)33120254292026Change
Stock Price ($)1.953.7492.2%
Change Contribution By: 
Total Revenues ($ Mil)36544822.6%
P/S Multiple0.50.858.4%
Shares Outstanding (Mil)9091-1.1%
Cumulative Contribution92.2%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/29/2026
ReturnCorrelation
EVC92.2% 
Market (SPY)29.3%23.5%
Sector (XLC)21.0%25.2%

Fundamental Drivers

The -21.3% change in EVC stock from 3/31/2023 to 4/29/2026 was primarily driven by a -39.0% change in the company's P/S Multiple.
(LTM values as of)33120234292026Change
Stock Price ($)4.753.74-21.3%
Change Contribution By: 
Total Revenues ($ Mil)32444838.2%
P/S Multiple1.20.8-39.0%
Shares Outstanding (Mil)8591-6.6%
Cumulative Contribution-21.3%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/29/2026
ReturnCorrelation
EVC-21.3% 
Market (SPY)81.5%20.2%
Sector (XLC)105.5%19.0%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
EVC Return151%-28%-9%-38%36%33%86%
Peers Return40%-28%-14%-12%35%17%20%
S&P 500 Return27%-19%24%23%16%4%90%

Monthly Win Rates [3]
EVC Win Rate58%50%58%50%50%75% 
Peers Win Rate57%23%45%52%53%60% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
EVC Max Drawdown0%-41%-27%-66%-26%-2% 
Peers Max Drawdown-5%-34%-40%-31%-26%-16% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: NXST, SBGI, GTN, IHRT, TSQ.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/29/2026 (YTD)

How Low Can It Go

Unique KeyEventEVCS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-63.2%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven171.7%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-54.0%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven117.4%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven187 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-66.5%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven198.1%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven987 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-98.6%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven7286.7%131.3%
2008 Global Financial CrisisTime to BreakevenTime to BreakevenNot Fully Recovered days1,480 days

Compare to NXST, SBGI, GTN, IHRT, TSQ

In The Past

Entravision Communications's stock fell -63.2% during the 2022 Inflation Shock from a high on 11/8/2021. A -63.2% loss requires a 171.7% gain to breakeven.

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About Entravision Communications (EVC)

Entravision Communications Corporation operates as an advertising, media, and technology solutions company worldwide. The company operates through three segments: Digital, Television, and Audio. It reaches and engages Hispanics across acculturation levels and media channels. The company's portfolio encompasses integrated end-to-end advertising solutions, including digital, television, and audio properties. It also offers a suite of end-to-end digital advertising solutions, including digital commercial partnerships services, as well as advertising customers billing and technological and other support services, including strategic marketing and training; and Smadex, a programmatic ad purchasing platform that enables advertising customers or ad agencies to purchase advertising electronically and manage data-driven advertising campaigns through online marketplaces. In addition, the company provides a branding and mobile performance solutions, such as managed services to advertisers looking to connect with consumers on mobile devices; and digital audio advertising solutions for advertisers. Further, it sells advertisements and syndicated radio programming solutions through its Entravision radio network. As of March 3, 2022, the company had 50 television stations; and 46 Spanish-language radio stations. It serves advertisers from various industries, such as e-commerce, retail, entertainment, gaming, delivery services, financial technology, communications, lifestyle, and travel. The company was founded in 1996 and is headquartered in Santa Monica, California.

AI Analysis | Feedback

Here are 1-3 brief analogies for Entravision Communications (EVC):

1. A smaller, digitally-savvy Univision.

2. Like Amazon, but specializing in advertising solutions to reach Hispanic audiences across TV, radio, and digital channels.

AI Analysis | Feedback

  • Integrated Advertising Solutions: Provides end-to-end advertising services across digital, television, and audio platforms, primarily targeting Hispanic audiences.
  • Digital Advertising Services: Offers comprehensive support for digital advertising, including commercial partnerships, billing, technology, strategic marketing, and training.
  • Smadex Platform: A programmatic ad purchasing platform enabling advertisers to electronically purchase and manage data-driven advertising campaigns.
  • Mobile Performance & Branding Solutions: Delivers managed services to advertisers for connecting with consumers and enhancing branding on mobile devices.
  • Television & Radio Advertising Sales: Sells advertising spots and syndicated programming across its owned and operated television and Spanish-language radio stations.

AI Analysis | Feedback

Entravision Communications (EVC) primarily sells its advertising, media, and technology solutions to other companies, specifically advertisers and ad agencies, rather than directly to individuals.

The provided background description does not list the names of specific major customer companies. However, it states that Entravision serves advertisers from a wide range of industries, which represent its customer base:

  • E-commerce
  • Retail
  • Entertainment
  • Gaming
  • Delivery services
  • Financial technology
  • Communications
  • Lifestyle
  • Travel

AI Analysis | Feedback

  • Meta Platforms, Inc. (META)
  • TikTok
  • Spotify Technology S.A. (SPOT)
  • X Corp.

AI Analysis | Feedback

Michael Christenson, Chief Executive Officer

Michael Christenson has served as Entravision's Chief Executive Officer since July 2023. His extensive background includes executive leadership roles in enterprise software at CA, Inc. (2005-2010) and observability at New Relic, Inc., where he was President and Chief Operating Officer (2019-2021) and a director (2018-2021). Before joining Entravision, he was a Managing Partner at Mayten Research, a private investment and advisory firm, from 2022 to 2023. Christenson also spent a significant portion of his career in investment banking, serving as a Managing Director at Allen & Company (2010-2019) and an investment banker at Salomon Brothers / Citigroup Global Markets (1987-2004), accumulating deep experience in Technology, Media, and Telecommunications (TMT) transactions. He has served on the board of various high-growth public and private technology companies.

Mark Boelke, Chief Financial Officer and Chief Operating Officer

Mark Boelke has served as Entravision's Chief Financial Officer and Treasurer since May 2024, and assumed the additional role of Chief Operating Officer in February 2026. He originally joined Entravision in 2005 as Deputy General Counsel and Vice President of Legal Affairs, becoming General Counsel and Secretary in 2006, a position he held until his appointment as CFO. Boelke has over three decades of business and legal experience, particularly within the media, advertising, and technology sectors, providing leadership in strategy, mergers and acquisitions, and corporate finance for Entravision. He holds a J.D. from the University of Minnesota Law School and a B.A. from St. Olaf College. Prior to his tenure at Entravision, he was an attorney at O'Melveny & Myers LLP.

Jeff DeMartino, Chief Legal Officer

Jeff DeMartino was promoted to Chief Legal Officer in March 2026, taking on expanded responsibilities for partnerships and operations. Before this, he was appointed General Counsel and Secretary in May 2024, succeeding Mark Boelke in that role. Prior to that, DeMartino served as Deputy General Counsel of Entravision.

Maria Martinez-Guzman, President of Entravision Media

Maria Martinez-Guzman was promoted to President of Entravision Media in March 2026. In this role, she oversees television and digital video programming, along with local and national sales for television-only markets. Her career includes over two decades at Univision, where she most recently served as Executive Vice President of News, heading programming for all daily Univision network news properties, and she previously worked at Entravision's McAllen office.

Eduardo Maytorena, President of Audio

Eduardo Maytorena was named President of Entravision Audio in March 2026. He is responsible for managing radio and digital audio programming, as well as local, network, and national sales for radio-only markets. Before his promotion, Maytorena held the position of Senior Vice President in Entravision's Los Angeles market.

AI Analysis | Feedback

Key Risks to Entravision Communications (EVC)

  1. Regulatory and Data Privacy Risks in Digital Advertising: Entravision Communications' significant and growing Advertising Technology & Services (ATS) segment, which comprised approximately 61% of its net revenue in 2025, heavily relies on data for programmatic advertising. The rapidly evolving landscape of data protection and privacy laws, such as the UK GDPR, PECR, and the California Consumer Privacy Act (CCPA) and its amendments, poses a substantial risk. Non-compliance could lead to increased costs, enforcement actions, or necessitate changes to the company's business model. Furthermore, the use of AI in AdTech, as well as the inherent complexity and potential for misuse or mishandling of personal data in programmatic advertising, adds to these compliance and reputational risks.
  2. Volatile Revenue from Traditional Media and Cyclical Political Advertising: The company's Media segment, consisting of television and radio stations primarily targeting U.S. Latino audiences, experiences significant revenue volatility due to its reliance on political advertising. While election years can provide a substantial boost, non-election years typically see a sharp decline in Media segment revenue, as demonstrated by a 26% year-over-year decline in Q3 2025 due to the absence of political ad revenue from the 2024 Presidential cycle. Beyond political cycles, the Media segment also faces broader challenges from reduced advertiser spending and a shrinking advertiser base, contributing to a downward trend in revenue and competitive headwinds.
  3. Dependence on Major Digital Partners and Customer Concentration: Entravision has demonstrated vulnerability to changes in relationships with major digital partners. The termination of Meta's authorized sales partner program in March 2024, for example, had a material adverse effect on Entravision's digital operations and is expected to materially and adversely affect its consolidated and digital segment revenue and cash flow from operations in future periods. Additionally, within its ATS segment, a single recently acquired customer in Hong Kong represents a significant share of both ATS and consolidated revenue, creating pronounced customer and geographic concentration risk, particularly influenced by mobile gaming trends and the Chinese legal environment.

AI Analysis | Feedback

The ongoing industry-wide shift towards enhanced digital privacy and data usage restrictions, including the deprecation of third-party cookies by major web browsers and stricter mobile application tracking policies such as Apple's App Tracking Transparency (ATT) framework, presents a clear emerging threat. These changes directly impact the efficacy of "data-driven advertising campaigns" and the functionality of programmatic ad purchasing platforms like Smadex, which are core components of Entravision's Digital segment and its suite of end-to-end digital advertising and mobile performance solutions.

AI Analysis | Feedback

Entravision Communications (EVC) operates in several addressable markets, spanning digital advertising solutions, television, and audio. The market sizes for their main products and services, delineated by region, are as follows:

Digital Advertising Solutions

  • Global Programmatic Advertising Market: Entravision's digital advertising solutions, including its programmatic ad purchasing platform Smadex, operate within the global programmatic advertising market. This market was estimated at USD 678.37 billion in 2023 and is projected to reach USD 2,753.03 billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 22.8% from 2024 to 2030. Another estimate places the global programmatic advertising market at over $550 billion in 2025.
  • Global Digital Audio Advertising Market: The company also offers digital audio advertising solutions. The global audio advertising market is valued at over $38 billion in 2025. More specifically, the global digital audio advertising platform market size reached USD 8.3 billion in 2024 and is projected to grow to approximately USD 25.5 billion by 2033, with a CAGR of 13.7%.
  • U.S. Hispanic Digital Advertising Market: While a precise market size specifically for U.S. Hispanic digital advertising is not a single reported figure, the U.S. Hispanic population holds significant economic power, estimated at $4.1 trillion in purchasing power as of 2025/2026. Despite this, Hispanic-focused advertising accounts for only about 4% of total U.S. ad spend. Less than 1% of digital ad spending from U.S. online retailers went to Spanish-language websites in Q1 2025, indicating a significant investment gap and an underserved market for digital advertising targeting this demographic.

Television

  • U.S. Hispanic Television Advertising Market: For its 50 television stations, Entravision targets the U.S. Hispanic market. Similar to digital, a direct market size for U.S. Hispanic television advertising is not reported as a discrete value. However, the U.S. Hispanic population's buying power is substantial, at $4.1 trillion. This demographic accounts for nearly 20% of the U.S. population and leads in streaming consumption, with 55.8% of their total TV time spent on streaming platforms, compared to 46% for the overall U.S. population. Despite their high engagement, Hispanic-targeted media receives only about 4% of total U.S. advertising dollars. Ads on Spanish-language TV networks have shown to be 31% more effective than those on English-language TV over the past year.

Audio

  • Global Traditional Radio Advertising Market: Entravision operates 46 Spanish-language radio stations and sells advertisements and syndicated radio programming. The global traditional radio advertising market boasted a substantial market volume of US$28.61 billion in 2023.
  • U.S. Hispanic Radio Advertising Market: The U.S. Hispanic market represents a significant addressable audience for radio. Hispanic consumers command an estimated $2.6–$2.7 trillion in buying power in the mid-2020s, with some sources indicating over $4.1 trillion. Radio remains a strong platform for reaching this demographic, with 89% of Hispanic individuals aged 12 and older listening to radio weekly. Bicultural Latinos, representing nearly 40% of all U.S. Latinos, show 92% weekly listenership to broadcast radio. Despite this reach and influence, Hispanic-targeted media generally receive only about 4% of total U.S. advertising dollars.

AI Analysis | Feedback

Entravision Communications (EVC) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:

  1. Continued Growth of the Advertising Technology & Services (ATS) Segment: The ATS segment, which includes platforms like Smadex and Adwake, has been identified as the primary growth engine for Entravision. This segment has consistently shown strong revenue increases, with a significant surge of 123% in the fourth quarter of 2025 compared to the same period in 2024, and a 90% increase for the full year 2025 versus 2024. This growth is attributed to an expanding base of monthly active advertisers and higher revenue generated per advertiser.
  2. Expansion of Sales Teams and Geographic Footprint for ATS: Entravision is strategically investing in expanding its sales teams and increasing its geographic coverage to further penetrate markets for its ATS offerings. This expansion includes a focus on the U.S. market for mobile advertising and Connected TV, as well as international growth in regions such as Latin America, Europe, Africa, and Asia.
  3. Enhanced AI Capabilities and Platform Technology within ATS: The company is making strategic investments in engineering, artificial intelligence (AI) capabilities, and its proprietary technology platform within the ATS segment. These technological advancements aim to improve the efficiency and effectiveness of its advertising solutions, thereby attracting more advertisers and increasing revenue per client.
  4. Political Advertising Revenue in the Media Segment: Although Entravision's traditional Media segment has experienced declines, political advertising revenue is a significant cyclical driver, particularly during election years. Management has expressed optimism for a strong political spending environment in 2026, which is expected to provide a substantial boost to the Media segment's revenue.

AI Analysis | Feedback


Capital Allocation Decisions for Entravision Communications (EVC)

Share Issuance

  • Entravision Communications' shares outstanding have shown an increase over the last five years, rising from 84.29 million in 2020 to 90.97 million in 2025.

Outbound Investments

  • In May 2023, Entravision acquired BCNMonetize, a Barcelona-based company that offers branding, influencer, advertising, and mobile marketing services.
  • The company closed the acquisition of MediaDonuts, a digital marketing performance and branding company with operations across seven countries in the Asia-Pacific region, in July 2021.
  • In November 2021, Entravision Communications acquired 365 Digital Media (Pty) Ltd for approximately $1.9 million in cash, with potential earn-out payments based on EBITDA targets for 2022, 2023, and 2024.
  • Entravision announced in March 2026 that it had acquired Playback Rewards' core technology, platform, and product IP assets, intending to integrate them into Adwake to develop loyalty rewards platforms.

Capital Expenditures

  • Capital expenditures for the last 12 months (as of March 2026) were approximately $7.14 million.
  • Full-year 2024 capital expenditures were projected to be approximately $7 million, which was significantly lower than the prior year due to the completion of a new office headquarters.
  • The primary focus of capital expenditures includes strategic investments in AI capabilities, engineering, and expanding sales capacity, particularly within the Advertising Technology and Services (ATS) segment, to drive revenue growth.

Better Bets vs. Entravision Communications (EVC)

Latest Trefis Analyses

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0ARTICLES

Trade Ideas

Select ideas related to EVC.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
META_3272026_Dip_Buyer_ValueBuy03272026METAMeta PlatformsDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
8.8%8.8%0.0%
CARG_3062026_Insider_Buying_GTE_1Mil_EBITp+DE_V203062026CARGCarGurusInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
1.2%1.2%-8.3%
YELP_2132026_Dip_Buyer_High_CFO_Margins_ExInd_DE02132026YELPYelpDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
17.9%17.9%-5.7%
TRIP_2132026_Dip_Buyer_High_FCF_Yield_ExInd_DE_RevG02132026TRIPTripadvisorDip BuyDB | FCF Yield | Low D/EDip Buy with High Free Cash Flow Yield
Buying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap
10.9%10.9%-3.9%
OMC_2062026_Dip_Buyer_FCFYield02062026OMCOmnicomDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
8.9%8.9%-3.7%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

EVCNXSTSBGIGTNIHRTTSQMedian
NameEntravis.Nexstar .Sinclair Gray Med.iHeartMe.Townsqua. 
Mkt Price3.74202.9315.255.535.106.255.89
Mkt Cap0.36.21.10.60.80.10.7
Rev LTM4484,9503,1693,0953,8654273,132
Op Inc LTM186415441119356174
FCF LTM4743115181111565
FCF 3Y Avg3989991363323365
CFO LTM118911892899331141
CFO 3Y Avg541,04717456312649150

Growth & Margins

EVCNXSTSBGIGTNIHRTTSQMedian
NameEntravis.Nexstar .Sinclair Gray Med.iHeartMe.Townsqua. 
Rev Chg LTM22.6%-8.4%-10.7%-15.1%0.3%-5.2%-6.8%
Rev Chg 3Y Avg15.0%-1.4%-5.9%-4.9%-0.4%-2.6%-2.0%
Rev Chg Q25.6%-13.3%-16.7%-24.2%0.8%-9.6%-11.5%
QoQ Delta Rev Chg LTM6.5%-3.8%-5.0%-7.6%0.2%-2.6%-3.2%
Op Inc Chg LTM-94.2%-33.1%-71.0%-52.8%21.1%-12.0%-42.9%
Op Inc Chg 3Y Avg12.3%-2.6%13.0%-4.2%-13.0%-14.9%-3.4%
Op Mgn LTM0.1%17.5%4.9%13.3%5.0%13.1%9.0%
Op Mgn 3Y Avg0.5%18.8%3.2%16.9%4.6%14.4%9.5%
QoQ Delta Op Mgn LTM-1.9%-2.9%-5.1%-5.4%-0.5%-1.8%-2.4%
CFO/Rev LTM2.4%18.0%6.0%9.3%2.4%7.2%6.6%
CFO/Rev 3Y Avg13.0%20.5%5.4%16.6%3.3%11.0%12.0%
FCF/Rev LTM0.8%15.0%3.6%5.8%0.3%3.6%3.6%
FCF/Rev 3Y Avg9.7%17.6%2.9%10.6%0.8%7.4%8.6%

Valuation

EVCNXSTSBGIGTNIHRTTSQMedian
NameEntravis.Nexstar .Sinclair Gray Med.iHeartMe.Townsqua. 
Mkt Cap0.36.21.10.60.80.10.7
P/S0.81.20.30.20.20.20.3
P/Op Inc628.97.16.91.34.11.85.5
P/EBIT-4.211.64.41.5-11.12.72.1
P/E-4.356.5-9.5-6.5-1.7-8.9-5.4
P/CFO32.06.95.61.98.53.36.3
Total Yield-17.9%5.4%-4.0%-9.4%-59.7%-4.9%-7.1%
Dividend Yield5.3%3.7%6.5%6.0%0.0%6.4%5.7%
FCF Yield 3Y Avg15.2%16.9%9.8%92.3%6.9%23.7%16.0%
D/E0.61.04.310.57.34.74.5
Net D/E0.41.03.49.87.04.74.1

Returns

EVCNXSTSBGIGTNIHRTTSQMedian
NameEntravis.Nexstar .Sinclair Gray Med.iHeartMe.Townsqua. 
1M Rtn25.5%9.6%15.7%24.8%82.1%31.1%25.2%
3M Rtn23.1%-1.3%9.1%33.6%59.9%0.8%16.1%
6M Rtn90.3%9.5%19.7%29.7%68.9%5.2%24.7%
12M Rtn117.1%40.2%12.7%70.3%381.1%7.5%55.2%
3Y Rtn-23.8%31.4%-29.3%-13.8%47.0%-13.3%-13.6%
1M Excs Rtn13.0%-2.9%3.2%12.3%69.7%18.6%12.7%
3M Excs Rtn20.8%-3.6%6.8%31.3%57.6%-1.5%13.8%
6M Excs Rtn89.4%4.5%14.4%20.3%53.1%0.6%17.3%
12M Excs Rtn85.7%9.1%-19.3%43.2%366.1%-23.7%26.2%
3Y Excs Rtn-95.9%-41.6%-101.8%-89.1%-48.7%-83.7%-86.4%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Media222    
Advertising Technology & Services143    
Total365    


Operating Income by Segment
$ Mil20252024202320222021
Media39    
Advertising Technology & Services8    
Change in fair value of contingent consideration1    
Foreign currency (gain) loss-1    
Corporate expenses-37    
Impairment charge-61    
Total-52    


Price Behavior

Price Behavior
Market Price$3.74 
Market Cap ($ Bil)0.3 
First Trading Date08/02/2000 
Distance from 52W High-2.9% 
   50 Days200 Days
DMA Price$3.18$2.71
DMA Trendupup
Distance from DMA17.5%38.0%
 3M1YR
Volatility49.0%64.3%
Downside Capture0.450.53
Upside Capture146.36156.81
Correlation (SPY)12.5%22.5%
EVC Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta-0.620.280.360.730.810.87
Up Beta-2.370.01-0.05-0.260.610.81
Down Beta-2.12-0.69-0.480.510.720.42
Up Capture30%100%115%155%140%73%
Bmk +ve Days7162765139424
Stock +ve Days7172551105339
Down Capture16%51%67%64%94%106%
Bmk -ve Days12233358110323
Stock -ve Days14233567129368

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EVC
EVC115.4%64.2%1.41-
Sector ETF (XLC)23.3%13.2%1.3323.5%
Equity (SPY)31.5%12.5%1.9322.1%
Gold (GLD)35.2%27.2%1.093.0%
Commodities (DBC)46.7%18.1%1.990.1%
Real Estate (VNQ)12.8%13.4%0.6514.9%
Bitcoin (BTCUSD)-19.6%42.1%-0.4015.4%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EVC
EVC4.9%58.4%0.33-
Sector ETF (XLC)9.9%20.7%0.3931.0%
Equity (SPY)13.1%17.1%0.6031.8%
Gold (GLD)20.1%17.8%0.924.6%
Commodities (DBC)14.6%19.1%0.6311.5%
Real Estate (VNQ)3.4%18.8%0.0828.3%
Bitcoin (BTCUSD)8.1%56.2%0.3617.0%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with EVC
EVC-1.4%56.7%0.22-
Sector ETF (XLC)9.5%22.3%0.5027.2%
Equity (SPY)14.9%17.9%0.7129.8%
Gold (GLD)13.4%15.9%0.70-0.2%
Commodities (DBC)9.6%17.7%0.4510.9%
Real Estate (VNQ)5.5%20.7%0.2326.3%
Bitcoin (BTCUSD)67.5%66.9%1.077.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity0.5 Mil
Short Interest: % Change Since 3312026-19.5%
Average Daily Volume0.3 Mil
Days-to-Cover Short Interest1.8 days
Basic Shares Quantity91.1 Mil
Short % of Basic Shares0.6%

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
3/5/202614.6%2.0%1.7%
11/4/202543.9%52.0%37.9%
8/5/20254.4%15.8%10.1%
3/6/2025-16.8%-8.2%-4.8%
11/6/2024-7.4%1.2%-7.4%
8/8/20240.5%3.3%6.0%
3/5/2024-49.9%-58.8%-45.6%
11/2/20237.9%-1.8%13.9%
...
SUMMARY STATS   
# Positive91011
# Negative987
Median Positive8.8%15.3%10.1%
Median Negative-4.5%-6.0%-7.4%
Max Positive43.9%52.0%52.3%
Max Negative-49.9%-58.8%-45.6%

SEC Filings

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Report DateFiling DateFiling
12/31/202503/05/202610-K
09/30/202511/04/202510-Q
06/30/202508/05/202510-Q
03/31/202505/08/202510-Q
12/31/202403/06/202510-K
09/30/202411/07/202410-Q
06/30/202408/08/202410-Q
03/31/202405/02/202410-Q
12/31/202303/14/202410-K
09/30/202311/02/202310-Q
06/30/202308/04/202310-Q
03/31/202305/05/202310-Q
12/31/202203/16/202310-K
09/30/202211/04/202210-Q
06/30/202208/04/202210-Q
03/31/202205/06/202210-Q

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Jeffery, Liberman APresident and COOfamily trustSell121520253.1520,15363,565184,064Form
2Jeffery, Liberman APresident and COOfamily trustSell121520253.1525,91481,551247,071Form
3Jeffery, Liberman APresident and COOfamily trustSell121520253.2421,89270,862338,010Form
4Jeffery, Liberman APresident and COOfamily trustSell121020253.2985,108279,912415,441Form
5Jeffery, Liberman APresident and COOfamily trustSell121020253.1139,441122,594657,169Form