Grupo Televisa, S.A.B. (TV) AI Stock Analysis

• Market Cap: $1.27B
• Dividend Yield: 3.44%
• Average Volume (3M): 3.22M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.55
• Revenue Growth: -18.28%
• EPS Growth: -42.53%
• Country: US
• Employees: 27,082
• Sector: Communication Services
• Sector Strength: 97
• Industry: Telecommunications Services
• EPS (TTM): -0.19
• Shares Outstanding: 477,500,000
• 10 Day Avg. Volume: 7,965,500
• 30 Day Avg. Volume: 3,221,681
• PEG Ratio: -1.15
• Price to Book (P/B): 0.19
• Price to Sales (P/S): 0.30
• P/FCF Ratio: 0.86
• Enterprise Value/Market Cap: 3.73
• Enterprise Value/Revenue: 0.08
• Enterprise Value/Gross Profit: 0.22
• Enterprise Value/Ebitda: 0.55
• 1Y Price Target: $4.73
• Price Target Upside: 79.17% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4

• Rating: 55 Neutral
• Price Target: $3.00 ▲(13.64% Upside)

Grupo Televisa's overall stock score reflects significant financial challenges and a concerning valuation, offset by some positive technical indicators and operational improvements highlighted in the earnings call. The company's ability to address revenue declines and leverage operational efficiencies will be crucial for future performance.

Positive Factors

Operational Efficiency

Improved operational efficiency through cost reductions and integration efforts enhances profitability and competitive positioning, supporting long-term financial health.

Free Cash Flow and Debt Repayment

Strong free cash flow generation and debt repayment improve financial flexibility and reduce risk, supporting sustainable growth and stability.

Internet Subscriber Growth

Growth in the Internet subscriber base indicates successful customer acquisition strategies, enhancing revenue potential and market share in the digital space.

Negative Factors

Declining Revenue

Persistent revenue declines suggest challenges in core business segments, potentially impacting long-term profitability and market competitiveness.

Sky Subscriber Decline

Significant subscriber losses in the Sky segment highlight vulnerabilities in customer retention and competitive pressures, affecting future revenue streams.

Negative Profit Margins

Negative profit margins and operational inefficiencies indicate structural challenges in achieving sustainable profitability, impacting long-term financial health.

Grupo Televisa, S.A.B. Business Overview & Revenue Model

Company Description

Grupo Televisa, S.A.B. is a leading media and telecommunications company based in Mexico, primarily focused on television production and broadcasting. The company operates in various sectors including television networks, content production, publishing, and telecommunications services. Its core products and services include a wide range of television programming, cable and satellite television services, as well as digital media content. Televisa also produces films, operates pay-TV channels, and has a significant presence in the Spanish-language media market.

How the Company Makes Money

Grupo Televisa generates revenue through multiple key streams. The primary source of income comes from advertising sales on its television networks, which attract substantial audiences across Mexico and Latin America. Additionally, the company earns money through subscription fees from its cable and satellite services, such as its pay-TV offerings. Another revenue stream includes the licensing and syndication of its original content, both domestically and internationally. Televisa also benefits from partnerships and collaborations with other media and entertainment companies, enhancing its distribution capabilities and content reach. Furthermore, the company's ventures into digital media and online streaming services contribute to its growing revenue, tapping into the increasing demand for on-demand content.

Grupo Televisa, S.A.B. Financial Statement Overview

Summary

Grupo Televisa faces significant financial challenges with declining revenues, negative profitability margins, and high leverage. While cash flow generation shows some strengths, overall financial health is under pressure.

Income Statement

Grupo Televisa's income statement reveals a challenging financial position. The company has experienced declining revenue growth, with a negative trend in recent periods. Gross profit margins have decreased over time, and the net profit margin is negative, indicating losses. The EBIT margin has also turned negative, reflecting operational inefficiencies. Despite a positive EBITDA margin, the overall profitability is under pressure.

Balance Sheet

The balance sheet shows a moderate level of financial stability. The debt-to-equity ratio has improved slightly, indicating better leverage management, but remains relatively high. Return on equity is negative, reflecting the company's inability to generate profits from shareholders' equity. The equity ratio is stable, suggesting a balanced asset structure, but the overall financial health is weakened by high debt levels.

Cash Flow

Cash flow analysis indicates some strengths and weaknesses. Operating cash flow remains positive, but free cash flow has shown volatility, with recent declines. The operating cash flow to net income ratio is relatively strong, suggesting good cash generation relative to reported losses. However, the free cash flow to net income ratio is inconsistent, highlighting challenges in converting earnings into free cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	60.29B	62.26B	73.77B	68.62B	73.92B	70.68B
Gross Profit	21.86B	21.14B	24.87B	25.26B	43.96B	40.37B
EBITDA	8.56B	18.37B	22.99B	25.77B	28.33B	27.69B
Net Income	-8.38B	-8.25B	-8.42B	44.71B	6.06B	-1.25B
Balance Sheet
Total Assets	237.06B	251.48B	262.67B	299.11B	292.90B	271.25B
Cash, Cash Equivalents and Short-Term Investments	38.45B	47.49B	32.84B	51.14B	25.79B	29.06B
Total Debt	93.50B	108.34B	95.83B	113.61B	135.47B	131.85B
Total Liabilities	124.51B	139.82B	128.00B	154.98B	197.11B	183.31B
Stockholders Equity	103.22B	102.42B	119.28B	128.31B	81.12B	73.44B
Cash Flow
Free Cash Flow	16.99B	21.95B	-1.38B	-6.65B	4.23B	11.79B
Operating Cash Flow	26.39B	32.42B	15.20B	12.47B	29.40B	33.16B
Investing Cash Flow	-9.18B	-9.68B	-15.76B	42.70B	-19.04B	-15.35B
Financing Cash Flow	-15.83B	-9.28B	-17.75B	-29.77B	-13.84B	-16.20B

Grupo Televisa, S.A.B. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.64
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TV, the sentiment is Positive. The current price of 2.64 is above the 20-day moving average (MA) of 2.49, above the 50-day MA of 2.63, and above the 200-day MA of 2.15, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 56.19 is Neutral, neither overbought nor oversold. The STOCH value of 64.31 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TV.

Grupo Televisa, S.A.B. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VIV	―	$19.16B	19.02	8.20%	5.11%	-6.51%	-0.21%
AMX	―	$69.88B	18.39	17.70%	2.29%	1.14%	83.48%
CMCSA	―	$102.77B	4.62	24.73%	4.76%	2.54%	60.53%
CHTR	―	$35.20B	6.28	36.19%	―	1.03%	17.05%
Sector *	―	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
TEF	―	$28.73B	―	-3.55%	6.50%	-4.73%	-251.31%
TV	―	$1.27B	―	-9.77%	3.44%	-18.28%	-42.53%

Grupo Televisa, S.A.B. Corporate Events

Grupo Televisa Reports Third-Quarter 2025 Financial Results

Grupo Televisa reported its third-quarter 2025 financial results, showing a 4.8% decline in revenue and a 0.7% decrease in operating segment income compared to the same period in 2024. The company’s Sky segment experienced a significant revenue drop of 18.2%, contributing to the overall decline. Despite these challenges, Televisa achieved a 38.5% operating segment income margin, aided by efficiency improvements. The net loss for the quarter was Ps.1,932.5 million, primarily due to increased income taxes and a decrease in share of income from associates and joint ventures. The cable segment maintained stable revenue, supported by growth in broadband and mobile subscribers.

Grupo Televisa Engages Santander for Market Maker Services

On August 5, 2025, Grupo Televisa announced its engagement with Santander Casa de Bolsa to provide market maker services for its shares listed on the Mexican Stock Exchange. This strategic move, effective August 8, 2025, is expected to enhance the liquidity and visibility of Televisa’s shares, potentially strengthening its position in the market and offering benefits to its stakeholders.

Grupo Televisa Reports Improved Net Income Despite Revenue Decline in Q2 2025

On July 22, 2025, Grupo Televisa announced its second-quarter financial results for 2025, reporting a 6.3% decline in revenues to Ps.14,729.4 million compared to the same period in 2024. Despite the revenue drop primarily due to the Sky segment, the company achieved a net income of Ps.474.5 million, a significant improvement from a net loss of Ps.25.6 million in the previous year. This positive change was driven by increased operating income, decreased expenses, and higher income from associates and joint ventures, although it was partially offset by increased finance expenses.