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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 : 6/10

vs
industry
vs
history
Equity to Asset 0.35
SALM's Equity to Asset is ranked higher than
63% of the 527 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 0.45 vs. SALM: 0.35 )
SALM' s 10-Year Equity to Asset Range
Min: 0.03   Max: 0.55
Current: 0.35

0.03
0.55
Interest Coverage 2.04
SALM's Interest Coverage is ranked higher than
52% of the 326 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 12.70 vs. SALM: 2.04 )
SALM' s 10-Year Interest Coverage Range
Min: 0.12   Max: 2.19
Current: 2.04

0.12
2.19
F-Score: 6
Z-Score: 0.96
M-Score: -2.49
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 : 7/10

vs
industry
vs
history
Operating margin (%) 11.91
SALM's Operating margin (%) is ranked higher than
81% of the 543 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 8.60 vs. SALM: 11.91 )
SALM' s 10-Year Operating margin (%) Range
Min: -14.3   Max: 25.57
Current: 11.91

-14.3
25.57
Net-margin (%) 4.09
SALM's Net-margin (%) is ranked higher than
74% of the 543 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 5.17 vs. SALM: 4.09 )
SALM' s 10-Year Net-margin (%) Range
Min: -14.87   Max: 8.53
Current: 4.09

-14.87
8.53
ROE (%) 5.33
SALM's ROE (%) is ranked higher than
74% of the 512 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 7.17 vs. SALM: 5.33 )
SALM' s 10-Year ROE (%) Range
Min: -15.17   Max: 8.51
Current: 5.33

-15.17
8.51
ROA (%) 1.85
SALM's ROA (%) is ranked higher than
71% of the 547 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 2.79 vs. SALM: 1.85 )
SALM' s 10-Year ROA (%) Range
Min: -5.14   Max: 2.84
Current: 1.85

-5.14
2.84
ROC (Joel Greenblatt) (%) 26.49
SALM's ROC (Joel Greenblatt) (%) is ranked higher than
80% of the 543 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 19.39 vs. SALM: 26.49 )
SALM' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -20.48   Max: 39.55
Current: 26.49

-20.48
39.55
Revenue Growth (3Y)(%) 4.20
SALM's Revenue Growth (3Y)(%) is ranked higher than
80% of the 471 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 2.10 vs. SALM: 4.20 )
SALM' s 10-Year Revenue Growth (3Y)(%) Range
Min: -4.9   Max: 14.4
Current: 4.2

-4.9
14.4
EBITDA Growth (3Y)(%) -20.50
SALM's EBITDA Growth (3Y)(%) is ranked higher than
60% of the 407 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 5.20 vs. SALM: -20.50 )
SALM' s 10-Year EBITDA Growth (3Y)(%) Range
Min: -31   Max: 23.1
Current: -20.5

-31
23.1
» SALM's 10-Y Financials

Financials


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

» Details

Guru Trades

Q4 2013

SALM Guru Trades in Q4 2013

Mario Gabelli 1,247,913 sh (+4.87%)
Jim Simons 164,100 sh (-9.54%)
» More
Q1 2014

SALM Guru Trades in Q1 2014

Mario Gabelli 1,241,378 sh (-0.52%)
Jim Simons 156,600 sh (-4.57%)
» More
Q2 2014

SALM Guru Trades in Q2 2014

Mario Gabelli 1,228,378 sh (-1.05%)
Jim Simons 147,300 sh (-5.94%)
» More
Q3 2014

SALM Guru Trades in Q3 2014

Mario Gabelli 1,225,513 sh (-0.23%)
Jim Simons 139,000 sh (-5.63%)
» More
» Details

Insider Trades

Latest Guru Trades with SALM

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



No Guru Trades Found!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Ratios

vs
industry
vs
history
P/E(ttm) 18.70
SALM's P/E(ttm) is ranked higher than
86% of the 574 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 43.20 vs. SALM: 18.70 )
SALM' s 10-Year P/E(ttm) Range
Min: 3.41   Max: 166.37
Current: 18.7

3.41
166.37
P/B 0.97
SALM's P/B is ranked higher than
89% of the 574 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 2.83 vs. SALM: 0.97 )
SALM' s 10-Year P/B Range
Min: 0.04   Max: 4.48
Current: 0.97

0.04
4.48
P/S 0.77
SALM's P/S is ranked higher than
87% of the 574 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 2.08 vs. SALM: 0.77 )
SALM' s 10-Year P/S Range
Min: 0.04   Max: 4.3
Current: 0.77

0.04
4.3
PFCF 9.83
SALM's PFCF is ranked higher than
91% of the 574 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 44.00 vs. SALM: 9.83 )
SALM' s 10-Year PFCF Range
Min: 0.29   Max: 48.63
Current: 9.83

0.29
48.63
EV-to-EBIT 15.37
SALM's EV-to-EBIT is ranked higher than
83% of the 574 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 25.32 vs. SALM: 15.37 )
SALM' s 10-Year EV-to-EBIT Range
Min: -10.9   Max: 62.3
Current: 15.37

-10.9
62.3
Current Ratio 1.39
SALM's Current Ratio is ranked higher than
71% of the 534 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 1.42 vs. SALM: 1.39 )
SALM' s 10-Year Current Ratio Range
Min: 0.43   Max: 6.91
Current: 1.39

0.43
6.91
Quick Ratio 1.38
SALM's Quick Ratio is ranked higher than
73% of the 533 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 1.26 vs. SALM: 1.38 )
SALM' s 10-Year Quick Ratio Range
Min: 0.43   Max: 6.91
Current: 1.38

0.43
6.91

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 3.12
SALM's Dividend Yield is ranked higher than
65% of the 301 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 2.17 vs. SALM: 3.12 )
SALM' s 10-Year Dividend Yield Range
Min: 0.62   Max: 3.36
Current: 3.12

0.62
3.36
Dividend Payout 0.56
SALM's Dividend Payout is ranked higher than
83% of the 574 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 9999.00 vs. SALM: 0.56 )
SALM' s 10-Year Dividend Payout Range
Min: 0.25   Max: 2.9
Current: 0.56

0.25
2.9
Yield on cost (5-Year) 3.10
SALM's Yield on cost (5-Year) is ranked higher than
59% of the 311 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 2.48 vs. SALM: 3.10 )
SALM' s 10-Year Yield on cost (5-Year) Range
Min: 0.62   Max: 3.36
Current: 3.1

0.62
3.36
Share Buyback Rate -0.40
SALM's Share Buyback Rate is ranked higher than
79% of the 370 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: -0.50 vs. SALM: -0.40 )
SALM' s 10-Year Share Buyback Rate Range
Min: 2.8   Max: -12.2
Current: -0.4

Valuation & Return

vs
industry
vs
history
Price/DCF (Projected) 0.56
SALM's Price/DCF (Projected) is ranked higher than
95% of the 574 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 4.12 vs. SALM: 0.56 )
SALM' s 10-Year Price/DCF (Projected) Range
Min: 0.07   Max: 1.31
Current: 0.56

0.07
1.31
Price/Median PS Value 1.01
SALM's Price/Median PS Value is ranked higher than
80% of the 574 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 1.24 vs. SALM: 1.01 )
SALM' s 10-Year Price/Median PS Value Range
Min: 0.08   Max: 9.01
Current: 1.01

0.08
9.01
Earnings Yield (Greenblatt) 6.50
SALM's Earnings Yield (Greenblatt) is ranked higher than
82% of the 537 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 4.20 vs. SALM: 6.50 )
SALM' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.6   Max: 12.7
Current: 6.5

1.6
12.7
Forward Rate of Return (Yacktman) 6.98
SALM's Forward Rate of Return (Yacktman) is ranked higher than
72% of the 337 Companies
in the Global Broadcasting - Radio industry.

( Industry Median: 10.22 vs. SALM: 6.98 )
SALM' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -28.2   Max: 40.4
Current: 6.98

-28.2
40.4

Business Description

Industry: Entertainment » Broadcasting - Radio
Compare:SIRI, CJREF, P, CMLS, CCMO » details
Salem Communications Corp was formed in 1986 as a California corporation and was reincorporated in Delaware in 1999. It is a domestic multi-media company with integrated business operations covering radio broadcasting, publishing and the Internet. The Company also own and operate Salem Media Representatives ("SMR") and Vista Media Representatives ("VMR"), national advertising sales firms with offices in 11 U.S. cities, SRN News Network ("SNN"), Salem Music Network ("SMN"), and Solid Gospel Network ("SGN"). Like SRN, SNN, SMN and SGN are radio networks that produce and distribute talk, news and music programming to numerous radio stations throughout the U.S., including some of its own Salem stations. SMR and VMR sell commercial airtime to national advertisers on our radio stations and our networks, as well as for independent radio station affiliates. Salem Web Network ("SWN"), its Internet businesses, provides Christian and conservative-themed content, audio and video streaming, and other resources on the web. SWN's Internet portals include OnePlace.com, Christianity.com, Crosswalk.com, BibleStudyTools.com, GodTube.com, Townhall.com, HotAir.com, WorshipHouseMedia.com, SermonSpice.com, GodVine.com and Jesus.org. Its broadcasting business also includes Salem Radio Network ("SRN"), SRN News Network ("SNN"), Salem Music Network ("SMN"), Solid Gospel Network ("SGN"), Salem Media Representatives ("SMR") and Vista Media Representatives ("VMR"). SRN, SNN, SMN and SGN are networks that produce and distribute programming, such as talk, news and music segments to radio stations throughout the United States, including Salem owned and operated stations. It compete for advertisers and customers with other radio broadcasters, as well as with other media sources including broadcast and cable television, newspapers and magazines, national and local digital services, outdoor advertising, direct mail, online marketing and media companies, social media platforms, web-based blogs, and mobile telephony devices.
» More Articles for SALM

Headlines

Articles On GuruFocus.com

More From Other Websites
Salem Communications Increases Quarterly Cash Distribution By 4% Dec 02 2014
Salem Communications to Present at Los Angeles Investor Conference Nov 20 2014
Salem Communications Announces Structure Changes and Several Internal Promotions Nov 17 2014
SALEM COMMUNICATIONS CORP /DE/ Financials Nov 15 2014
10-Q for Salem Communications Corp. Nov 09 2014
SALEM COMMUNICATIONS CORP /DE/ Files SEC form 10-Q, Quarterly Report Nov 07 2014
SALEM COMMUNICATIONS CORP /DE/ Files SEC form 8-K, Results of Operations and Financial Condition Nov 06 2014
Salem Announces 19% Increase in Net Revenue for the Third Quarter 2014 Nov 06 2014
Q3 2014 Salem Communications Corp Earnings Release - After Market Close Nov 06 2014
Salem Names New General Managers in San Diego and Sacramento Oct 30 2014
Salem Names New General Managers in San Diego and Sacramento Oct 30 2014
Salem Names Felix Perez as Vice President and General Manager of Miami Market Oct 15 2014
Salem Names Felix Perez as Vice President and General Manager of Miami Market Oct 15 2014
Salem Communications Schedules Third Quarter 2014 Earnings Release and Teleconference Oct 13 2014
Senior Salem Communications Executive Retiring Oct 09 2014
Coverage initiated on Salem Comms by Noble Financial Oct 07 2014
Salem Communications May Delay Debt Goal for Purchases, CFO Says Sep 15 2014
Salem Communications Increases Quarterly Cash Distribution by 4.2% Sep 02 2014
Salem's Dave Armstrong Retires After 50 Years in Radio Aug 12 2014
Bible Gateway Renews Exclusive Sales Agreement With Salem Web Network Aug 11 2014

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