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51.06 (1y: +61%)
Market Cap 31.45 B P/E(ttm) 19.90
Enterprise Value 37.51 B P/B 3.10
CBS- NYSE (USA)
CBS Corporation
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$51.06
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry		 vs
history
Cash to Debt 0.12
CBS's Cash to Debt is ranked lower than
72% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 11.91 vs. CBS: 0.12 )
CBS' s 10-Year Cash to Debt Range
Min: 0.06   Max: 0.44
Current: 0.12
0.06
0.44
Equity to Asset -0.184
CBS's Equity to Asset is ranked lower than
80% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 0.40 vs. CBS: -0.184 )
CBS' s 10-Year Equity to Asset Range
Min: -0.27   Max: -0.01
Current: -0.18
-0.27
-0.01
Interest Coverage 7.5
CBS's Interest Coverage is ranked lower than
63% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 38.95 vs. CBS: 7.5 )
CBS' s 10-Year Interest Coverage Range
Min: 2   Max: 8
Current: 7.5
2
8
F-Score: 5
Z-Score: 0.59
M-Score: -2.54
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 9/10

vs
industry		 vs
history
Operating margin (%) 21.20
CBS's Operating margin (%) is ranked higher than
80% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 6.85 vs. CBS: 21.20 )
CBS' s 10-Year Operating margin (%) Range
Min: -87.2   Max: 21.2
Current: 21.2
-87.2
21.2
Net-margin (%) 11.2
CBS's Net-margin (%) is ranked higher than
76% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 4.40 vs. CBS: 11.2 )
CBS' s 10-Year Net-margin (%) Range
Min: -83.7   Max: 11.6
Current: 11.2
-83.7
11.6
ROE (%) 15.4
CBS's ROE (%) is ranked higher than
78% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 5.80 vs. CBS: 15.4 )
CBS' s 10-Year ROE (%) Range
Min: -135.8   Max: 15.4
Current: 15.4
-135.8
15.4
ROA (%) 5.9
CBS's ROA (%) is ranked higher than
70% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 3.20 vs. CBS: 5.9 )
CBS' s 10-Year ROA (%) Range
Min: -43.4   Max: 5.9
Current: 5.9
-43.4
5.9
ROC (Joel Greenblatt) (%) 88.80
CBS's ROC (Joel Greenblatt) (%) is ranked higher than
83% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 16.80 vs. CBS: 88.80 )
CBS' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -405   Max: 88.8
Current: 88.8
-405
88.8
Revenue Growth (%) 2.9
CBS's Revenue Growth (%) is ranked higher than
76% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: -1.00 vs. CBS: 2.9 )
CBS' s 10-Year Revenue Growth (%) Range
Min: -6.5   Max: 10.4
Current: 2.9
-6.5
10.4
EBITDA Growth (%) 22.5
CBS's EBITDA Growth (%) is ranked lower than
59% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 3.55 vs. CBS: 22.5 )
CBS' s 10-Year EBITDA Growth (%) Range
Min: -12.4   Max: 22.5
Current: 22.5
-12.4
22.5
EPS Growth (%) 64
CBS's EPS Growth (%) is ranked lower than
60% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: -4.45 vs. CBS: 64 )
CBS' s 10-Year EPS Growth (%) Range
Min: -37.4   Max: 197.5
Current: 64
-37.4
197.5
» CBS's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

CBS Guru Trades in Q2 2012

Joel Greenblatt 31,982 sh (+59.69%)
Steven Cohen 1,906,426 sh (+34.69%)
Scott Black 286,901 sh (+9.64%)
Pioneer Investments 1,623,488 sh (+2.64%)
Mario Gabelli 747,068 sh (+1.73%)
Andreas Halvorsen Sold Out
Ken Heebner Sold Out
Murray Stahl 1,386,518 sh (-2.87%)
David Einhorn 4,328,681 sh (-4.42%)
Jeremy Grantham 393,121 sh (-7.16%)
Ray Dalio 234,601 sh (-21.35%)
John Rogers 1,422,727 sh (-36.09%)
James Barrow 4,118,874 sh (-63.06%)
Paul Tudor Jones 13,100 sh (-88.75%)
Bruce Kovner 12,900 sh (-97.73%)
» More
Q3 2012

CBS Guru Trades in Q3 2012

Ken Heebner 745,000 sh (New)
Jim Simons 1,540,400 sh (New)
Bruce Kovner 161,479 sh (+1151.78%)
Pioneer Investments 2,608,682 sh (+60.68%)
David Einhorn 4,328,681 sh (unchged)
Paul Tudor Jones Sold Out
James Barrow Sold Out
Ray Dalio Sold Out
Scott Black 284,875 sh (-0.71%)
Murray Stahl 1,373,615 sh (-0.93%)
Jeremy Grantham 384,021 sh (-2.31%)
Mario Gabelli 687,563 sh (-7.97%)
Steven Cohen 1,623,883 sh (-14.82%)
John Rogers 1,143,257 sh (-19.64%)
Joel Greenblatt 6,714 sh (-79.01%)
» More
Q4 2012

CBS Guru Trades in Q4 2012

John Burbank 98,000 sh (New)
Steven Cohen 2,513,827 sh (+54.8%)
David Einhorn 5,378,681 sh (+24.26%)
John Rogers 1,310,794 sh (+14.65%)
Murray Stahl 1,381,831 sh (+0.6%)
Jeremy Grantham 340,421 sh (unchged)
Jim Simons Sold Out
Ken Heebner Sold Out
Scott Black 283,185 sh (-0.59%)
Mario Gabelli 657,708 sh (-4.34%)
Pioneer Investments 1,218,297 sh (-53.3%)
Joel Greenblatt 10,581 sh (-84.24%)
Bruce Kovner 141,190 sh (-91.26%)
» More
Q1 2013

CBS Guru Trades in Q1 2013

George Soros 350,000 sh (New)
Jim Simons 144,800 sh (New)
Andreas Halvorsen 4,242,149 sh (New)
Louis Moore Bacon 275,000 sh (New)
Ray Dalio 9,701 sh (New)
Chris Davis 16,150 sh (New)
John Griffin 3,500,000 sh (New)
Joel Greenblatt 52,360 sh (+4848.96%)
Bruce Kovner 140,000 sh (+891.57%)
Jeremy Grantham 263,721 sh (+674.69%)
John Burbank 127,000 sh (+29.59%)
John Rogers 1,340,854 sh (+2.29%)
Mario Gabelli 665,938 sh (+1.25%)
Murray Stahl 1,383,447 sh (+0.12%)
Scott Black 249,116 sh (-12.03%)
David Einhorn 3,585,787 sh (-33.33%)
Steven Cohen 1,649,942 sh (-34.37%)
Pioneer Investments 33,426 sh (-97.26%)
» More
» Details

Insider Trades

Latest Guru Trades with CBS

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Griffin 2013-03-31 New Buy2.1%$37.52 - $46.95 $ 51.0619%3500000
Scott Black 2013-03-31 Reduce -12.03%0.19%$37.52 - $46.95 $ 51.0619%249116
George Soros 2013-03-31 New Buy0.19%$37.52 - $46.95 $ 51.0619%350000
Joel Greenblatt 2013-03-31 Add 4848.96%0.12%$37.52 - $46.95 $ 51.0619%52360
John Burbank 2013-03-31 Add 29.59%0.05%$37.52 - $46.95 $ 51.0619%127000
Ray Dalio 2013-03-31 New Buy$37.52 - $46.95 $ 51.0619%9701
John Burbank 2012-12-31 New Buy0.14%$32.4 - $37.52 $ 51.0646%98000
Joel Greenblatt 2012-12-31 Reduce -84.24%0.01%$32.4 - $37.52 $ 51.0646%10581
James Barrow 2012-09-30 Sold Out 0.28%$30.61 - $37.9 $ 51.0648%0
Ray Dalio 2012-09-30 Sold Out 0.11%$30.61 - $37.9 $ 51.0648%0
Joel Greenblatt 2012-09-30 Reduce -79.01%0.06%$30.61 - $37.9 $ 51.0648%6714
James Barrow 2012-06-30 Reduce -63.06%0.47%$29.97 - $34.26 $ 51.0658%4118874
Scott Black 2012-06-30 Add 9.64%0.13%$29.97 - $34.26 $ 51.0658%286901
Ray Dalio 2012-06-30 Reduce -21.35%0.03%$29.97 - $34.26 $ 51.0658%234601
Joel Greenblatt 2012-06-30 Add 59.69%0.03%$29.97 - $34.26 $ 51.0658%31982
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 19.90
CBS's P/E(ttm) is ranked higher than
76% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 20.34 vs. CBS: 19.90 )
CBS' s 10-Year P/E(ttm) Range
Min: 8.51   Max: 5.3773E+18
Current: 19.9
8.51
5.3773E+18
P/B 3.10
CBS's P/B is ranked lower than
64% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 1.46 vs. CBS: 3.10 )
CBS' s 10-Year P/B Range
Min: 0.27   Max: 8.08
Current: 3.1
0.27
8.08
P/S 2.40
CBS's P/S is ranked lower than
64% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 1.24 vs. CBS: 2.40 )
CBS' s 10-Year P/S Range
Min: 0.17   Max: 8.96
Current: 2.4
0.17
8.96
PFCF 21.90
CBS's PFCF is ranked lower than
52% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 15.50 vs. CBS: 21.90 )
CBS' s 10-Year PFCF Range
Min: 1.74   Max: 127.42
Current: 21.9
1.74
127.42
EV-to-EBIT 11.8
CBS's EV-to-EBIT is ranked higher than
90% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 15.20 vs. CBS: 11.8 )
CBS' s 10-Year EV-to-EBIT Range
Min: 6.8   Max: 354.7
Current: 11.8
6.8
354.7
Shiller P/E 141
CBS's Shiller P/E is ranked higher than
100% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 13.50 vs. CBS: 141 )
CBS' s 10-Year Shiller P/E Range
Min: 141   Max: 205.89
Current: 141
141
205.89

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 0.90
CBS's Dividend Yield is ranked higher than
66% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 1.70 vs. CBS: 0.90 )
CBS' s 10-Year Dividend Yield Range
Min: 0.13   Max: 25.22
Current: 0.9
0.13
25.22
Dividend Payout 0.2
CBS's Dividend Payout is ranked higher than
96% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 0.91 vs. CBS: 0.2 )
CBS' s 10-Year Dividend Payout Range
Min: 0.18   Max: 0.6
Current: 0.2
0.18
0.6
Dividend growth (3y) 21.8
CBS's Dividend growth (3y) is ranked higher than
86% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: -8.50 vs. CBS: 21.8 )
CBS' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 32.5
Current: 21.8
0
32.5
Yield on cost (5-Year) 0.49
CBS's Yield on cost (5-Year) is ranked higher than
53% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 2.13 vs. CBS: 0.49 )
CBS' s 10-Year Yield on cost (5-Year) Range
Min: 0.07   Max: 13.85
Current: 0.49
0.07
13.85
Share Buyback Rate 0.9
CBS's Share Buyback Rate is ranked higher than
84% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: -0.45 vs. CBS: 0.9 )
CBS' s 10-Year Share Buyback Rate Range
Min: 19.4   Max: -25.8
Current: 0.9

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 11.6
CBS's Price/Net Current Asset Value is ranked higher than
74% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 10.30 vs. CBS: 11.6 )
CBS' s 10-Year Price/Net Current Asset Value Range
Min: 2.2   Max: 45.6
Current: 11.6
2.2
45.6
Price/DCF (Projected) 1.6
CBS's Price/DCF (Projected) is ranked higher than
91% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 0.90 vs. CBS: 1.6 )
CBS' s 10-Year Price/DCF (Projected) Range
Min: 0.2   Max: 2.3
Current: 1.6
0.2
2.3
Price/Median PS Value 0.9
CBS's Price/Median PS Value is ranked higher than
76% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 0.90 vs. CBS: 0.9 )
CBS' s 10-Year Price/Median PS Value Range
Min: 0.1   Max: 3.2
Current: 0.9
0.1
3.2
Earnings Yield (Greenblatt) 8.50
CBS's Earnings Yield (Greenblatt) is ranked higher than
90% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 7.40 vs. CBS: 8.50 )
CBS' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.3   Max: 14.7
Current: 8.5
0.3
14.7
Forward Rate of Return (Yacktman) 3.27
CBS's Forward Rate of Return (Yacktman) is ranked higher than
80% of the 169 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 4.47 vs. CBS: 3.27 )
CBS' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 0.9   Max: 20.5
Current: 3.27
0.9
20.5

Business Description

CBS Corporation was organized in Delaware in 1986. It is a mass media company with operations in the following segments: Television, Radio, Outdoor and Parks/Publishing. The Television segment consists of the CBS(r) and UPN(r) television networks; the Company's 39 owned broadcast television stations; its television production and syndication business, including CBS Paramount Television and King World(r) Productions; and its cable networks Showtime(r) and CSTV(r), among other program services. The Radio segment owns and operates 179 radio stations in 40 United States markets through CBS Radio. The Outdoor segment displays advertising on media, including billboards, transit shelters, buses, rail systems, mall kiosks, masts and stadium signage principally through CBS Outdoor. The Parks/Publishing category includes Simon & Schuster, which publishes and distributes consumer books under imprints such as Simon & Schuster, Pocket Books, Scribner and Free Press; and Paramount Parks, which is principally engaged in the ownership and operation of five theme parks and a themed attraction in the U.S. and Canada. As new technologies for delivering content and services evolve, the Company's opportunities to distributes content to consumers through various platforms including the Internet, mobile devices, video-on-demand and interactive television. During the first quarter of 2006, the Company announced various arrangements to extend the reach of its news and program content across a number of products and platforms with Internet, cable and mobile wireless companies, among others. The Company competes with many different entities and media in various markets worldwide. The following logos, trade names, trademarks and related trademark families are among those strongly identified with the product lines it represents assets of the Company: CBS(r), CBS Entertainment, CBS News, CBS Sports(r), CBS Radio, UPN(r), Showtime(r), The Movie Channel, Flix(r), CBS Outdoor, King World(r), Spelling Television(r), Entertainment Tonight(r), Star Trek(r), Simon & Schuster(r) Pocket Books(r), CSTV College Sports Television(r), CBSSportsline, CBS Digital Media and all the call letters for the Company's television and radio stations. The Company's businesses are either subject to or affected by regulations of federal, state and local governmental authorities.
Company Website
SEC Reports
Industry: Broadcasting - TV
Compare:TV, GTN, SKDTY, TVBCY, PBSFY
Traded in other countries:C5S1.Germany, C5S.Germany
» More Articles for CBS

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