Switch to:

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 : 6/10

vs
industry
vs
history
Cash to Debt 0.15
CVC's Cash to Debt is ranked higher than
69% of the 974 Companies
in the Global Pay TV industry.

( Industry Median: 0.31 vs. CVC: 0.15 )
CVC' s 10-Year Cash to Debt Range
Min: 0   Max: 0.15
Current: 0.15

0
0.15
Equity to Asset -0.75
CVC's Equity to Asset is ranked higher than
61% of the 935 Companies
in the Global Pay TV industry.

( Industry Median: 0.38 vs. CVC: -0.75 )
CVC' s 10-Year Equity to Asset Range
Min: -0.8   Max: -0.15
Current: -0.75

-0.8
-0.15
Interest Coverage 1.60
CVC's Interest Coverage is ranked higher than
65% of the 654 Companies
in the Global Pay TV industry.

( Industry Median: 5.91 vs. CVC: 1.60 )
CVC' s 10-Year Interest Coverage Range
Min: 0.01   Max: 1.8
Current: 1.6

0.01
1.8
F-Score: 5
Z-Score: 0.58
M-Score: -3.31
WACC vs ROIC
7.06%
22.23%
WACC
ROIC
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 : 5/10

vs
industry
vs
history
Operating margin (%) 14.26
CVC's Operating margin (%) is ranked higher than
86% of the 980 Companies
in the Global Pay TV industry.

( Industry Median: 11.89 vs. CVC: 14.26 )
CVC' s 10-Year Operating margin (%) Range
Min: -5.89   Max: 19.74
Current: 14.26

-5.89
19.74
Net-margin (%) 4.82
CVC's Net-margin (%) is ranked higher than
79% of the 980 Companies
in the Global Pay TV industry.

( Industry Median: 6.33 vs. CVC: 4.82 )
CVC' s 10-Year Net-margin (%) Range
Min: -34.97   Max: 27.3
Current: 4.82

-34.97
27.3
ROA (%) 4.70
CVC's ROA (%) is ranked higher than
82% of the 986 Companies
in the Global Pay TV industry.

( Industry Median: 4.27 vs. CVC: 4.70 )
CVC' s 10-Year ROA (%) Range
Min: -16.61   Max: 10.61
Current: 4.7

-16.61
10.61
ROC (Joel Greenblatt) (%) 30.99
CVC's ROC (Joel Greenblatt) (%) is ranked higher than
88% of the 985 Companies
in the Global Pay TV industry.

( Industry Median: 20.60 vs. CVC: 30.99 )
CVC' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -6.62   Max: 39.88
Current: 30.99

-6.62
39.88
Revenue Growth (3Y)(%) 0.50
CVC's Revenue Growth (3Y)(%) is ranked higher than
82% of the 848 Companies
in the Global Pay TV industry.

( Industry Median: 3.70 vs. CVC: 0.50 )
CVC' s 10-Year Revenue Growth (3Y)(%) Range
Min: -23.1   Max: 23.9
Current: 0.5

-23.1
23.9
EBITDA Growth (3Y)(%) -3.50
CVC's EBITDA Growth (3Y)(%) is ranked higher than
80% of the 769 Companies
in the Global Pay TV industry.

( Industry Median: 2.10 vs. CVC: -3.50 )
CVC' s 10-Year EBITDA Growth (3Y)(%) Range
Min: -22.5   Max: 62.6
Current: -3.5

-22.5
62.6
EPS Growth (3Y)(%) 10.70
CVC's EPS Growth (3Y)(%) is ranked higher than
76% of the 731 Companies
in the Global Pay TV industry.

( Industry Median: 2.30 vs. CVC: 10.70 )
CVC' s 10-Year EPS Growth (3Y)(%) Range
Min: -50   Max: 147.3
Current: 10.7

-50
147.3
» CVC's 10-Y Financials

Financials


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

» Details

Guru Trades

Q1 2014

CVC Guru Trades in Q1 2014

Joel Greenblatt 690,249 sh (New)
Paul Tudor Jones 12,600 sh (New)
Steven Cohen 87,036 sh (+433.28%)
Jim Simons 1,095,596 sh (+29.11%)
Murray Stahl 145,562 sh (+28.45%)
Brian Rogers 7,415,400 sh (unchged)
Ray Dalio Sold Out
Caxton Associates Sold Out
Mario Gabelli 12,113,544 sh (-2.05%)
Ken Fisher 119,500 sh (-7.86%)
John Paulson 19,219,000 sh (-8.48%)
» More
Q2 2014

CVC Guru Trades in Q2 2014

Ray Dalio 13,176 sh (New)
Paul Tudor Jones 33,600 sh (+166.67%)
Joel Greenblatt 1,223,963 sh (+77.32%)
Ken Fisher 157,588 sh (+31.87%)
John Paulson 19,219,000 sh (unchged)
Brian Rogers 7,415,400 sh (unchged)
Murray Stahl 144,236 sh (-0.91%)
Mario Gabelli 11,988,715 sh (-1.03%)
Jim Simons 205,400 sh (-81.25%)
» More
Q3 2014

CVC Guru Trades in Q3 2014

Dodge & Cox 10,000 sh (New)
Ken Fisher 175,898 sh (+11.62%)
Mario Gabelli 12,215,060 sh (+1.89%)
Brian Rogers 7,415,400 sh (unchged)
John Paulson 19,219,000 sh (unchged)
Jim Simons Sold Out
Murray Stahl 143,877 sh (-0.25%)
Joel Greenblatt 1,006,654 sh (-17.75%)
Ray Dalio 10,636 sh (-19.28%)
Paul Tudor Jones 21,311 sh (-36.57%)
» More
Q4 2014

CVC Guru Trades in Q4 2014

Jim Simons 40,400 sh (New)
Paul Tudor Jones 35,776 sh (+67.88%)
Ken Fisher 240,278 sh (+36.6%)
Brian Rogers 7,415,400 sh (unchged)
Ray Dalio Sold Out
Dodge & Cox Sold Out
Mario Gabelli 11,922,073 sh (-2.4%)
Murray Stahl 138,498 sh (-3.74%)
John Paulson 13,706,441 sh (-28.68%)
Joel Greenblatt 301,407 sh (-70.06%)
» More
» Details

Insider Trades

Latest Guru Trades with CVC

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Paulson 2014-12-31 Reduce -28.68%0.4%$17.24 - $21.32 $ 18.78-2%13706441
Joel Greenblatt 2014-12-31 Reduce -70.06%0.13%$17.24 - $21.32 $ 18.78-2%301407
Ken Fisher 2014-12-31 Add 36.6%$17.24 - $21.32 $ 18.78-2%240278
Ray Dalio 2014-12-31 Sold Out $17.24 - $21.32 $ 18.78-2%0
Dodge & Cox 2014-12-31 Sold Out $17.24 - $21.32 $ 18.78-2%0
Dodge & Cox 2014-09-30 New Buy$17.65 - $19.54 $ 18.781%10000
Joel Greenblatt 2014-06-30 Add 77.32%0.12%$16.12 - $17.76 $ 18.7810%1223963
Ray Dalio 2014-06-30 New Buy$16.12 - $17.76 $ 18.7810%13176
Ken Fisher 2014-06-30 Add 31.87%$16.12 - $17.76 $ 18.7810%157588
Joel Greenblatt 2014-03-31 New Buy0.18%$15.85 - $18.15 $ 18.7812%690249
John Paulson 2014-03-31 Reduce -8.48%0.16%$15.85 - $18.15 $ 18.7812%19219000
Ray Dalio 2014-03-31 Sold Out 0.01%$15.85 - $18.15 $ 18.7812%0
Premium More recent guru trades are included for Premium Members only!!
Premium More recent guru trades are included for USA Subscribe Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Guru Investment Theses on Cablevision Systems Corp

Mario Gabelli Comments on Cablevision Systems Corp - Nov 21, 2014

Cablevision Systems Corp. (0.9%) (CVC - $17.51 - NYSE) provides broadband, television, and phone service to over three million subscribers in the New York metropolitan area. An industry pioneer, CVC has developed the most advanced cable plant in the country and converted over 70% of its subscribers into triple play (video, phone, and broadband) customers. In the process, Cablevision achieved industry leading average monthly subscription revenues and margins. This peak performance led the company to become a victim of its own success; combined with competition from Verizon FiOS (0.3%) in approximately half its footprint, Cablevision saw reduced growth and a sagging share price in 2012/2013. The company’s efforts to address these declines appear to be paying off. Management has also been active on the financial front, spinning off Madison Square Garden (0.8%) in February 2010 and AMC Networks (0.6%) in June 2011 and repurchasing over 10% of shares outstanding. Cablevision is now a single-market, pure-play cable operator, which could facilitate an eventual consolidation of the company in our view.

From Mario Gabelli (Trades, Portfolio)’s Asset Fund Q3 2014 Commentary.

Check out Mario Gabelli latest stock trades

Mario Gabelli Comments on Cablevision Systems Corp - Feb 19, 2014

Cablevision Systems Corp. (1.8%) (CVC)($17.93 - NYSE) provides broadband, TV, and phone service to over three million subscribers in the New York metropolitan area. An industry pioneer, CVC has developed the most advanced plant in the country and converted over 70% of its subscribers into triple play (video, phone, and broadband) customers. In the process, Cablevision achieved industry-leading average monthly subscription revenues and margins. This peak performance led the company to become a victim of its own success; combined with competition from Verizon FiOS (%) in approximately half its footprint, Cablevision saw reduced growth and a sagging share price in 2012/2013. The company's efforts to address these declines appear to be paying off. Management has also been active on the financial front, spinning off Madison Square Garden (%) in February 2010 and AMC Networks (%) in June 2011 and repurchasing over 10% of shares outstanding. Early in 2013, Cablevision agreed to sell its Optimum West (formerly Bresnan) systems to Charter Communications (%), capturing an attractive equity return. Cablevision is now a single-market, pure-play cable operator, which could facilitate an eventual consolidation of the company in our view.



From the Gabelli Value 25 Fund fourth quarter 2013 commentary.



Check out Mario Gabelli latest stock trades

Mario Gabelli Comments on Cablevision Systems Corp. - Jan 29, 2014

Cablevision Systems Corp. (CVC) (0.9%) (CVC - $17.93 - NYSE) provides broadband, TV, and phone service to over three million subscribers in the New York metropolitan area. An industry pioneer, CVC has developed the most advanced plant in the country and converted over 70% of its subscribers into triple play (video, phone, and broadband) customers. In the process, Cablevision achieved industry-leading average monthly subscription revenues and margins. This peak performance led the company to become a victim of its own success; combined with competition from Verizon FiOS (0.3%) in approximately half its footprint, Cablevision saw reduced growth and a sagging share price in 2012/2013. The company's efforts to address these declines appear to be paying off. Management has also been active on the financial front, spinning off Madison Square Garden (0.7%) in February 2010 and AMC Networks (0.6%) in June 2011 and repurchasing over 10% of shares outstanding. Early in 2013, Cablevision agreed to sell its Optimum West (formerly Bresnan) systems to Charter Communications (less than 0.1%), capturing an attractive equity return. Cablevision is now a single-market, pure-play cable operator, which could facilitate an eventual consolidation of the company in our view 

 

From Mario Gabelli (Trades, Portfolio)’s Gabelli Asset Fund fourth quarter 2013 commentary.

Check out Mario Gabelli latest stock trades

Top Ranked Articles about Cablevision Systems Corp

Mario Gabelli Comments on Cablevision Systems Corp
Cablevision Systems Corp. (0.9%) (CVC - $17.51 - NYSE) provides broadband, television, and phone service to over three million subscribers in the New York metropolitan area. An industry pioneer, CVC has developed the most advanced cable plant in the country and converted over 70% of its subscribers into triple play (video, phone, and broadband) customers. In the process, Cablevision achieved industry leading average monthly subscription revenues and margins. This peak performance led the company to become a victim of its own success; combined with competition from Verizon FiOS (0.3%) in approximately half its footprint, Cablevision saw reduced growth and a sagging share price in 2012/2013. The company’s efforts to address these declines appear to be paying off. Management has also been active on the financial front, spinning off Madison Square Garden (0.8%) in February 2010 and AMC Networks (0.6%) in June 2011 and repurchasing over 10% of shares outstanding. Cablevision is now a single-market, pure-play cable operator, which could facilitate an eventual consolidation of the company in our view. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 16.40
CVC's P/E(ttm) is ranked higher than
88% of the 1045 Companies
in the Global Pay TV industry.

( Industry Median: 22.10 vs. CVC: 16.40 )
CVC' s 10-Year P/E(ttm) Range
Min: 7.49   Max: 52.97
Current: 16.4

7.49
52.97
Forward P/E 17.18
CVC's Forward P/E is ranked higher than
90% of the 1045 Companies
in the Global Pay TV industry.

( Industry Median: 23.92 vs. CVC: 17.18 )
N/A
PE(NRI) 16.50
CVC's PE(NRI) is ranked higher than
89% of the 1045 Companies
in the Global Pay TV industry.

( Industry Median: 22.60 vs. CVC: 16.50 )
CVC' s 10-Year PE(NRI) Range
Min: 12.57   Max: 288.31
Current: 16.5

12.57
288.31
P/S 0.79
CVC's P/S is ranked higher than
90% of the 1045 Companies
in the Global Pay TV industry.

( Industry Median: 1.79 vs. CVC: 0.79 )
CVC' s 10-Year P/S Range
Min: 0.25   Max: 1.24
Current: 0.79

0.25
1.24
PFCF 10.49
CVC's PFCF is ranked higher than
88% of the 1045 Companies
in the Global Pay TV industry.

( Industry Median: 29.19 vs. CVC: 10.49 )
CVC' s 10-Year PFCF Range
Min: 3.13   Max: 314.12
Current: 10.49

3.13
314.12
POCF 3.70
CVC's POCF is ranked higher than
92% of the 1045 Companies
in the Global Pay TV industry.

( Industry Median: 8.58 vs. CVC: 3.70 )
CVC' s 10-Year POCF Range
Min: 1.21   Max: 8.26
Current: 3.7

1.21
8.26
EV-to-EBIT 14.49
CVC's EV-to-EBIT is ranked higher than
86% of the 1045 Companies
in the Global Pay TV industry.

( Industry Median: 17.32 vs. CVC: 14.49 )
CVC' s 10-Year EV-to-EBIT Range
Min: -85004.2   Max: 85.1
Current: 14.49

-85004.2
85.1
Shiller P/E 15.77
CVC's Shiller P/E is ranked higher than
90% of the 1045 Companies
in the Global Pay TV industry.

( Industry Median: 37.09 vs. CVC: 15.77 )
CVC' s 10-Year Shiller P/E Range
Min: 15.87   Max: 590.3
Current: 15.77

15.87
590.3
Current Ratio 1.10
CVC's Current Ratio is ranked higher than
78% of the 964 Companies
in the Global Pay TV industry.

( Industry Median: 1.03 vs. CVC: 1.10 )
CVC' s 10-Year Current Ratio Range
Min: 0.36   Max: 1.2
Current: 1.1

0.36
1.2
Quick Ratio 1.10
CVC's Quick Ratio is ranked higher than
80% of the 964 Companies
in the Global Pay TV industry.

( Industry Median: 0.96 vs. CVC: 1.10 )
CVC' s 10-Year Quick Ratio Range
Min: 0.31   Max: 1.2
Current: 1.1

0.31
1.2
Days Sales Outstanding 15.68
CVC's Days Sales Outstanding is ranked higher than
96% of the 1045 Companies
in the Global Pay TV industry.

( Industry Median: 54.13 vs. CVC: 15.68 )
CVC' s 10-Year Days Sales Outstanding Range
Min: 15.68   Max: 58.7
Current: 15.68

15.68
58.7

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.19
CVC's Dividend Yield is ranked lower than
56% of the 692 Companies
in the Global Pay TV industry.

( Industry Median: 3.50 vs. CVC: 3.19 )
CVC' s 10-Year Dividend Yield Range
Min: 0.57   Max: 5.47
Current: 3.19

0.57
5.47
Dividend Payout 0.53
CVC's Dividend Payout is ranked higher than
85% of the 1045 Companies
in the Global Pay TV industry.

( Industry Median: 1.36 vs. CVC: 0.53 )
CVC' s 10-Year Dividend Payout Range
Min: 0.34   Max: 0.69
Current: 0.53

0.34
0.69
Dividend growth (3y) 1.40
CVC's Dividend growth (3y) is ranked higher than
89% of the 550 Companies
in the Global Pay TV industry.

( Industry Median: 2.80 vs. CVC: 1.40 )
CVC' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 42.2
Current: 1.4

0
42.2
Yield on cost (5-Year) 4.12
CVC's Yield on cost (5-Year) is ranked higher than
67% of the 701 Companies
in the Global Pay TV industry.

( Industry Median: 3.91 vs. CVC: 4.12 )
CVC' s 10-Year Yield on cost (5-Year) Range
Min: 0.73   Max: 7.05
Current: 4.12

0.73
7.05
Share Buyback Rate 1.70
CVC's Share Buyback Rate is ranked higher than
95% of the 703 Companies
in the Global Pay TV industry.

( Industry Median: -0.20 vs. CVC: 1.70 )
CVC' s 10-Year Share Buyback Rate Range
Min: 5.3   Max: -44
Current: 1.7

Valuation & Return

vs
industry
vs
history
Price/Median PS Value 1.06
CVC's Price/Median PS Value is ranked higher than
82% of the 1045 Companies
in the Global Pay TV industry.

( Industry Median: 1.17 vs. CVC: 1.06 )
CVC' s 10-Year Price/Median PS Value Range
Min: 0.38   Max: 2.5
Current: 1.06

0.38
2.5
Earnings Yield (Greenblatt) 6.90
CVC's Earnings Yield (Greenblatt) is ranked higher than
85% of the 974 Companies
in the Global Pay TV industry.

( Industry Median: 5.90 vs. CVC: 6.90 )
CVC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.2   Max: 9.1
Current: 6.9

1.2
9.1
Forward Rate of Return (Yacktman) 5.19
CVC's Forward Rate of Return (Yacktman) is ranked higher than
79% of the 687 Companies
in the Global Pay TV industry.

( Industry Median: 9.05 vs. CVC: 5.19 )
CVC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -54   Max: 22.7
Current: 5.19

-54
22.7

Business Description

Industry: Communication Services » Pay TV
Compare:CMCSA, TWC, NPSNY, BSYBY, DISH » details
Traded in other countries:CVY.Germany,
Cablevision Systems Corp is a Delaware corporation which was organized in 1997. It operates through its subsidiary, CSC Holdings. CSC Holdings is a cable operators in the United States. It also provides high-speed data and Voice over Internet Protocol services using its its television broadband network; and Ethernet-based data, Internet, voice and video transport and managed services, to the business market in the New York metropolitan area. One of its subsidiaries also operates a newspaper publishing business. It also owns a cable television advertising sales business and regional news and other local programming services businesses. The Company classifies its operations into three reportable segments: Cable, consisting principally of video, high-speed data, and VoIP services; Lightpath; and Other, consisting principally of Newsday, which includes the Newsday daily newspaper, amNew York, Star Community Publishing Group, and online websites including newsday.com and exploreLI.com, the News 12 Networks, which provide regional news programming services, Cablevision Media Sales Corporation, a cable television advertising company, and MSG Varsity, a program service dedicated to showcasing high school sports and activities and other local programming. The Company's cable television systems are operated in New York, New Jersey, and Connecticut under non-exclusive franchise agreements, where required by the franchising authority, with state and/or municipal or county franchising authorities. The Company's competitors include Verizon Communications, Inc., AT&T Inc., RCN Corporation, among others. Its cable television systems are subject to extensive federal, state and local regulations.
» More Articles for CVC

Headlines

Articles On GuruFocus.com
Stock Falls Today to a One-Year Target Price Feb 25 2015 
David Kniffin Joins Lightpath as Senior Vice President and Chief Administration Officer Dec 15 2014 
Why Investors Should Avoid This Cable TV Provider Dec 03 2014 
Why Cablevision Systems' Turnaround Strategy Looks Impressive Nov 24 2014 
Mario Gabelli Comments on Cablevision Systems Corp Nov 21 2014 
Mario Gabelli’s Asset Fund Q3 2014 Commentary Nov 21 2014 
Lightpath Names Joseph Flynn Senior Vice President of Sales Nov 20 2014 
Mario Gabelli's Q3 Value Fund Portfolio Commentary Oct 28 2014 
Cablevision: a 'Cash is King' Company Sep 11 2014 
Guru Brian Rogers and his Barron's Midyear Stock Picks Jul 24 2014 


More From Other Websites
The Zacks Analyst Blog Highlights: Comcast, Cablevision Systems, DISH Network and Windstream... Feb 27 2015
Telecom Stock Roundup: DIRECTV, Cablevision, Comcast Tops Q4 - Analyst Blog Feb 26 2015
What's next for net neutrality? Feb 26 2015
Who benefits from Net neutrality? Feb 26 2015
Winner and losers of FCC net vote Feb 26 2015
Cuban: The courts will rule the Internet Feb 26 2015
Cablevision Systems (CVC) Crumbles: Stock Falls by 6.3% - Tale of the Tape Feb 26 2015
Analysts' Actions: American Express, Cablevision, State Street, T-Mobile and More Feb 26 2015
Cablevision downgraded by Brean Capital Feb 26 2015
Stock Falls Today to a One-Year Target Price Feb 25 2015
CABLEVISION SYSTEMS CORP /NY Files SEC form 8-K, Results of Operations and Financial Condition Feb 25 2015
Cablevision Beats Q4 Earnings and Revenue Estimates - Analyst Blog Feb 25 2015
AMC Networks' New Dealmaker Heightens Buyout Speculation Feb 25 2015
Cablevision loses video subscribers for 10th straight quarter Feb 25 2015
Cablevision loses video subscribers for 10th straight quarter Feb 25 2015
Cablevision Systems (CVC) Stock Falls Today on Cable Subscriber Loss Feb 25 2015
Cablevision Loses More Cable Subscribers Than Estimated Feb 25 2015
Cablevision Systems Corporation (CVC) Beats on Earnings - Tale of the Tape Feb 25 2015
Cablevision Systems Corp Earnings Call scheduled for 10:00 am ET today Feb 25 2015
Brian Sweeney to Become Chief Financial Officer of Cablevision Feb 25 2015

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK