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Grupo Televisa, S.A.B. (TV)
NYSE:TV

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

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Grupo Televisa, S.A.B.

(NYSE:TV)

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Neutral 55 (OpenAI - 4o)
Rating:55Neutral
Price Target:
$3.00
▲(11.94% Upside)
Grupo Televisa's overall stock score reflects significant financial challenges, despite some operational improvements and positive cash flow generation. The technical indicators are mixed, and valuation concerns persist due to negative profitability. The earnings call provided some optimism with strategic improvements, but revenue declines in key segments remain a concern.

Grupo Televisa, S.A.B. (TV) vs. SPDR S&P 500 ETF (SPY)

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

Company DescriptionGrupo Televisa, S.A.B. is a leading multimedia company based in Mexico, primarily engaged in the production and distribution of television programming, as well as the provision of cable and satellite television services. The company operates through various segments, including content production, broadcasting, and publishing, and is known for its extensive portfolio of telenovelas, sports programming, and news content. In addition to its traditional media operations, Televisa has expanded into digital platforms, leveraging its content across streaming services and online distribution channels.
How the Company Makes MoneyGrupo Televisa generates revenue through multiple streams, primarily from the sale of advertising on its television networks, which is a significant source of income given its large audience reach. The company also earns money from subscription services, including cable and satellite television packages that provide consumers access to its channels and programming. Furthermore, revenue is derived from licensing its content to international markets and platforms, along with the production of shows for other networks. Televisa has strategic partnerships with various media companies, which enhance its content distribution capabilities and broaden its revenue base. Additionally, the company has ventured into digital media, capitalizing on the growing demand for online content, which contributes to its overall earnings.

Grupo Televisa, S.A.B. Earnings Call Summary

Earnings Call Date:Oct 23, 2025
(Q3-2025)
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% Change Since: |
Next Earnings Date:Feb 19, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted substantial achievements in operational efficiency, subscriber growth in specific segments, and strong free cash flow generation. However, there were significant challenges, particularly with declining revenues in Sky and TelevisaUnivision, as well as challenges in maintaining video subscribers.
Q3-2025 Updates
Positive Updates
Internet Subscriber Growth
Grupo Televisa's strategy focusing on value customers in cable resulted in growth of the Internet subscriber base in the first 9 months of 2025 compared to the end of 2024.
Operational Efficiency
Implemented OpEx efficiencies and integration between Izzi and Sky expanded operating segment income margin by 100 basis points to 38.2%, driven by a 7% year-on-year reduction in OpEx.
Free Cash Flow and Debt Repayment
Generated approximately MXN 4.2 billion in free cash flow, allowing prepayment of a bank loan due in 2026 and reducing leverage ratio from 2.5x to 2.1x EBITDA.
TelevisaUnivision's Efficiency Plan
Reduced operating expenses by over $400 million in 2025, achieving a 12% year-on-year decline, resulting in $300 million in savings.
Positive Mobile Subscriber Growth
Added 94,000 net mobile subscribers in Q3, improving from previous quarters, driven by enhancements in MVNO service offerings.
Improved Cable Enterprise Revenue
Enterprise operations revenue of MXN 1.1 billion increased by 7.7% year-on-year, marking the best quarter in 3 years for revenue growth.
Negative Updates
Sky Subscriber Decline
Lost 329,000 revenue-generating units in Sky, primarily from prepaid subscribers, resulting in an 18.2% year-on-year revenue decline.
Decline in TelevisaUnivision Revenue
TelevisaUnivision's third-quarter revenue of $1.3 billion declined by 3% year-on-year, with advertising revenue in the U.S. down 11%.
Challenges in Video Subscribers
Lost 43,000 video subscribers in Q3, although this was an improvement compared to previous quarters.
Company Guidance
During Grupo Televisa's Third Quarter 2025 Conference Call, several key financial metrics and strategic updates were highlighted. Grupo Televisa's Internet subscriber base grew in the first nine months of the year, driven by a strategy to attract and retain value customers in cable. Operating segment income margin expanded by 100 basis points to 38.2%, with operating expenses reduced by around 7% year-on-year. CapEx investment reached MXN 7.5 billion, representing 16.8% of sales, while free cash flow generation totaled approximately MXN 4.2 billion, enabling debt prepayments. The leverage ratio improved to 2.1x EBITDA from 2.5x at the end of the previous year. At TelevisaUnivision, key achievements included a robust growth in ViX, operating expenses reduced by 12% year-on-year for savings of $300 million, and an improved leverage ratio of 5.5x EBITDA. TelevisaUnivision successfully refinanced $2.3 billion in debt, extending its maturity profile. The company emphasized a focus on operational efficiencies and strategic partnerships, such as the multiyear deal with Formula 1.

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

Summary
Income Statement
45
Neutral
Balance Sheet
50
Neutral
Cash Flow
55
Neutral
Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

Grupo Televisa, S.A.B. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2.68
Price Trends
50DMA
2.70
Positive
100DMA
2.67
Positive
200DMA
2.31
Positive
Market Momentum
MACD
0.08
Negative
RSI
69.78
Neutral
STOCH
85.38
Negative
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 2.68 is below the 20-day moving average (MA) of 2.82, below the 50-day MA of 2.70, and above the 200-day MA of 2.31, indicating a bullish trend. The MACD of 0.08 indicates Negative momentum. The RSI at 69.78 is Neutral, neither overbought nor oversold. The STOCH value of 85.38 is Negative, 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

Overall Rating
UnderperformOutperform
Sector (―)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
77
Outperform
$19.02B18.158.36%4.96%-3.16%4.70%
72
Outperform
$108.33B4.9424.73%4.29%0.20%61.54%
69
Neutral
$30.62B5.7834.79%0.42%13.46%
60
Neutral
$63.80B16.8517.70%2.72%1.14%83.48%
55
Neutral
$1.47B-2.47-9.77%2.98%-18.28%-42.53%
45
Neutral
$22.92B-10.48-0.70%7.36%-5.49%-75.51%
* Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TV
Grupo Televisa, S.A.B.
3.09
1.38
80.70%
AMX
America Movil
20.59
6.78
49.09%
CHTR
Charter Communications
209.66
-143.11
-40.57%
CMCSA
Comcast
30.32
-5.72
-15.87%
VIV
Telefonica Brasil
11.88
4.39
58.61%
TEF
Telefonica
4.05
0.21
5.47%

Grupo Televisa, S.A.B. Corporate Events

Grupo Televisa Board Member Acquires Significant Stock Stake Amid Unusual Trading Activity
Oct 31, 2025

On October 30, 2025, Grupo Televisa announced that Eduardo Tricio Haro, a board member, acquired approximately 7.2% of the company’s capital stock, while clarifying he does not intend to gain significant influence over the company. The announcement followed unusual trading volume movements of Televisa’s securities, for which the company stated it was unaware of any specific reasons or transactions involving its stakeholders that could have caused such activity.

Grupo Televisa Reports Third Quarter 2025 Financial Results
Oct 30, 2025

On October 23, 2025, Grupo Televisa announced its financial results for the third quarter of 2025, revealing a 4.8% decline in revenues compared to the same period in 2024, primarily due to a decrease in the Sky segment. The company reported a net loss of Ps.1,932.5 million, a significant change from a net income of Ps.666.5 million in the previous year, largely due to a substantial increase in income taxes and a decrease in share of income from associates and joint ventures. Despite these challenges, Televisa saw an increase in net income before taxes and a reduction in finance expenses, indicating some operational resilience.

Grupo Televisa Reports Third-Quarter 2025 Financial Results
Oct 24, 2025

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 02, 2025