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

• Market Cap: $1.29B
• Dividend Yield: 3.35%
• Average Volume (3M): 3.67M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.49
• Revenue Growth: -18.28%
• EPS Growth: -42.53%
• Country: US
• Employees: 27,082
• Sector: Communication Services
• Sector Strength: 97
• Industry: Telecommunications Services
• EPS (TTM): -0.20
• Shares Outstanding: 477,500,000
• 10 Day Avg. Volume: 1,638,714
• 30 Day Avg. Volume: 3,671,758
• 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: 3.65
• Enterprise Value/Revenue: 0.08
• Enterprise Value/Gross Profit: 0.22
• Enterprise Value/Ebitda: 0.26
• 1Y Price Target: $5.20
• Price Target Upside: 91.88% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): -0.1
• Revenue Forecast (FY): $3.20B

• Rating: 61 Neutral
• Price Target: $3.00 ▲(10.70% Upside)

Grupo Televisa's overall stock score reflects a challenging financial position with declining revenues and high leverage, partially offset by strong technical indicators suggesting bullish momentum. The mixed sentiment from the earnings call, with operational improvements but revenue challenges, also influences the score.

Positive Factors

Operational Efficiency

Improved operational efficiency can lead to sustained cost savings and margin expansion, enhancing long-term profitability and competitive positioning.

Free Cash Flow and Debt Repayment

Strong free cash flow generation and debt repayment improve financial flexibility and reduce interest burden, supporting long-term financial health.

Subscriber Growth

Subscriber growth in key segments indicates successful customer acquisition strategies, supporting future revenue streams and market share expansion.

Negative Factors

Declining Revenues

Declining revenues, particularly in key segments like Sky, indicate challenges in maintaining market position and could impact long-term growth prospects.

High Leverage

High leverage can constrain financial flexibility and increase risk, potentially affecting the company's ability to invest in growth opportunities.

Profitability Challenges

Negative profitability margins highlight operational inefficiencies and competitive pressures, which may hinder sustainable growth and shareholder returns.

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

Company Description

Grupo 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 Money

Grupo 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. Financial Statement Overview

Summary

Grupo Televisa faces significant financial challenges with declining revenues, negative profitability margins, and high leverage. Despite some positive cash flow generation, the overall financial health is under pressure, requiring improvements in operational efficiency and revenue growth.

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	66.22B	68.62B	73.92B	70.68B
Gross Profit	21.86B	21.14B	22.93B	25.26B	27.26B	25.46B
EBITDA	18.12B	18.37B	22.14B	17.87B	32.97B	26.83B
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	14.35B	271.25B
Cash, Cash Equivalents and Short-Term Investments	38.45B	47.49B	32.84B	51.14B	1.26B	29.06B
Total Debt	93.50B	108.34B	95.83B	113.61B	6.62B	131.85B
Total Liabilities	124.51B	139.82B	128.00B	154.98B	9.64B	183.31B
Stockholders Equity	103.22B	102.42B	119.28B	128.31B	3.96B	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: Neutral
• Last Price: 2.71
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TV, the sentiment is Neutral. The current price of 2.71 is below the 20-day moving average (MA) of 2.80, above the 50-day MA of 2.65, and above the 200-day MA of 2.24, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 48.02 is Neutral, neither overbought nor oversold. The STOCH value of 6.63 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	77 Outperform	$21.23B	19.82	8.36%	4.97%	-3.16%	4.70%
AMX	74 Outperform	$69.49B	18.49	17.70%	2.44%	1.14%	83.48%
CMCSA	69 Neutral	$96.82B	4.41	24.73%	4.76%	0.20%	61.54%
CHTR	66 Neutral	$28.96B	5.51	34.79%	―	0.42%	13.46%
TV	61 Neutral	$1.29B	―	-9.77%	3.35%	-18.28%	-42.53%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
TEF	45 Neutral	$24.76B	―	-0.70%	8.04%	-5.49%	-75.51%

Grupo Televisa, S.A.B. Corporate Events

Grupo Televisa Board Member Acquires Significant Stock Stake Amid Unusual Trading Activity

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

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

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.