Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
59.5 (1y: +71%)
Market Cap 55.28 B P/E(ttm) 18.10
Enterprise Value 72.84 B P/B 1.90
TWX- NYSE (USA)
Time Warner Inc
  • 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
$59.50
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 : 5/10

vs
industry		 vs
history
Cash to Debt 0.143
TWX's Cash to Debt is ranked lower than
82% of the 232 Companies
in the Global Media - Diversified industry.

( Industry Median: 2.00 vs. TWX: 0.143 )
TWX' s 10-Year Cash to Debt Range
Min: 0.03   Max: 2.48
Current: 0.14
0.03
2.48
Equity to Asset -0.151
TWX's Equity to Asset is ranked lower than
571428% of the 175 Companies
in the Global Media - Diversified industry.

( Industry Median: 0.55 vs. TWX: -0.151 )
TWX' s 10-Year Equity to Asset Range
Min: -0.27   Max: 0.55
Current: -0.15
-0.27
0.55
Interest Coverage 4.7
TWX's Interest Coverage is ranked lower than
76% of the 170 Companies
in the Global Media - Diversified industry.

( Industry Median: 60.20 vs. TWX: 4.7 )
TWX' s 10-Year Interest Coverage Range
Min: 0   Max: No Debt
Current: 4.7
F-Score: 6
Z-Score: -0.24
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 : 8/10

vs
industry		 vs
history
Operating margin (%) 20.60
TWX's Operating margin (%) is ranked higher than
75% of the 174 Companies
in the Global Media - Diversified industry.

( Industry Median: 11.50 vs. TWX: 20.60 )
TWX' s 10-Year Operating margin (%) Range
Min: -97.3   Max: 23.7
Current: 20.6
-97.3
23.7
Net-margin (%) 10.5
TWX's Net-margin (%) is ranked higher than
53% of the 161 Companies
in the Global Media - Diversified industry.

( Industry Median: 10.00 vs. TWX: 10.5 )
TWX' s 10-Year Net-margin (%) Range
Min: -241   Max: 17.9
Current: 10.5
-241
17.9
ROE (%) 10.1
TWX's ROE (%) is ranked lower than
52% of the 153 Companies
in the Global Media - Diversified industry.

( Industry Median: 10.40 vs. TWX: 10.1 )
TWX' s 10-Year ROE (%) Range
Min: -186.9   Max: 20
Current: 10.1
-186.9
20
ROA (%) 4.4
TWX's ROA (%) is ranked lower than
61% of the 158 Companies
in the Global Media - Diversified industry.

( Industry Median: 5.50 vs. TWX: 4.4 )
TWX' s 10-Year ROA (%) Range
Min: -85.5   Max: 11.5
Current: 4.4
-85.5
11.5
ROC (Joel Greenblatt) (%) 111.50
TWX's ROC (Joel Greenblatt) (%) is ranked higher than
83% of the 155 Companies
in the Global Media - Diversified industry.

( Industry Median: 38.70 vs. TWX: 111.50 )
TWX' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -478.4   Max: 131.2
Current: 111.5
-478.4
131.2
Revenue Growth (%) 8.1
TWX's Revenue Growth (%) is ranked higher than
57% of the 96 Companies
in the Global Media - Diversified industry.

( Industry Median: 5.40 vs. TWX: 8.1 )
TWX' s 10-Year Revenue Growth (%) Range
Min: -10.8   Max: 36
Current: 8.1
-10.8
36
EBITDA Growth (%) -9
TWX's EBITDA Growth (%) is ranked lower than
1333332% of the 75 Companies
in the Global Media - Diversified industry.

( Industry Median: 12.30 vs. TWX: -9 )
TWX' s 10-Year EBITDA Growth (%) Range
Min: -9   Max: 29.6
Current: -9
-9
29.6
EPS Growth (%) 10.5
TWX's EPS Growth (%) is ranked lower than
78% of the 60 Companies
in the Global Media - Diversified industry.

( Industry Median: 17.50 vs. TWX: 10.5 )
TWX' s 10-Year EPS Growth (%) Range
Min: -18.3   Max: 28.4
Current: 10.5
-18.3
28.4
» TWX's 10-Y Financials

Financials


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

» Details

Guru Trades
Q2 2012

TWX Guru Trades in Q2 2012

Andreas Halvorsen 2,710,000 sh (New)
Jeremy Grantham 144,833 sh (+218.08%)
Bill Nygren 3,492,566 sh (+2.95%)
Meridian Funds 14,000 sh (unchged)
John Burbank 2,000,000 sh (unchged)
Tom Russo 1,549 sh (unchged)
Jeff Auxier 20,059 sh (unchged)
Jean-Marie Eveillard 74,374 sh (unchged)
Paul Tudor Jones Sold Out
Larry Robbins Sold Out
Joel Greenblatt Sold Out
Ken Fisher 9,138,838 sh (-0.01%)
Mario Gabelli 2,960,714 sh (-0.41%)
NWQ Managers 7,113,913 sh (-0.6%)
Brian Rogers 8,302,833 sh (-2.92%)
Murray Stahl 248,177 sh (-3.13%)
Dodge & Cox 51,961,552 sh (-3.82%)
Manning & Napier Advisors, Inc 12,161,439 sh (-3.84%)
Steven Cohen 103,803 sh (-15.16%)
Pioneer Investments 5,824 sh (-21.66%)
Jim Simons 1,276,034 sh (-58.3%)
» More
Q3 2012

TWX Guru Trades in Q3 2012

Bruce Kovner 11,955 sh (New)
John Griffin 1,745,000 sh (New)
Pioneer Investments 383,078 sh (+6477.58%)
Jean-Marie Eveillard 3,406,248 sh (+4479.89%)
Andreas Halvorsen 13,458,973 sh (+396.64%)
Steven Cohen 360,518 sh (+247.31%)
Murray Stahl 251,458 sh (+1.32%)
Meridian Funds 14,000 sh (unchged)
Tom Russo 1,549 sh (unchged)
Jeff Auxier 20,059 sh (unchged)
Jim Simons Sold Out
Brian Rogers 8,002,833 sh (-3.61%)
Mario Gabelli 2,847,693 sh (-3.82%)
Dodge & Cox 49,709,078 sh (-4.33%)
Jeremy Grantham 134,933 sh (-6.84%)
NWQ Managers 6,194,963 sh (-12.92%)
Bill Nygren 2,193,000 sh (-37.21%)
Manning & Napier Advisors, Inc 6,618,412 sh (-45.58%)
Ken Fisher 72,099 sh (-99.21%)
» More
Q4 2012

TWX Guru Trades in Q4 2012

Joel Greenblatt 9,983 sh (New)
Steven Cohen 1,888,993 sh (+423.97%)
Pioneer Investments 1,102,916 sh (+187.91%)
John Griffin 3,410,000 sh (+95.42%)
Andreas Halvorsen 19,564,518 sh (+45.36%)
Murray Stahl 255,207 sh (+1.49%)
Jeremy Grantham 5,237 sh (unchged)
Jeff Auxier 20,059 sh (unchged)
Bill Nygren Sold Out
Bruce Kovner Sold Out
Manning & Napier Advisors, Inc 6,301,197 sh (-4.79%)
Mario Gabelli 2,649,122 sh (-6.97%)
NWQ Managers 5,325,157 sh (-14.04%)
Dodge & Cox 42,579,068 sh (-14.34%)
Brian Rogers 6,552,833 sh (-18.12%)
Jean-Marie Eveillard 2,633,838 sh (-22.68%)
Tom Russo 1,049 sh (-32.28%)
Ken Fisher 38,640 sh (-46.41%)
» More
Q1 2013

TWX Guru Trades in Q1 2013

Louis Moore Bacon 1,325,000 sh (New)
Jeremy Grantham 127,437 sh (+2333.4%)
Pioneer Investments 2,487,183 sh (+125.51%)
John Griffin 4,100,000 sh (+20.23%)
Andreas Halvorsen 22,364,094 sh (+14.31%)
Murray Stahl 259,331 sh (+1.62%)
Jeff Auxier 20,059 sh (unchged)
Joel Greenblatt Sold Out
Mario Gabelli 2,614,158 sh (-1.32%)
Dodge & Cox 41,332,138 sh (-2.93%)
Manning & Napier Advisors, Inc 6,065,192 sh (-3.75%)
NWQ Managers 4,855,046 sh (-8.83%)
Brian Rogers 5,702,833 sh (-12.97%)
Steven Cohen 1,021,522 sh (-45.92%)
Tom Russo 483 sh (-53.96%)
Ken Fisher 17,135 sh (-55.65%)
Jean-Marie Eveillard 833,601 sh (-68.35%)
» More
» Details

Insider Trades

Latest Guru Trades with TWX

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Griffin 2013-03-31 Add 20.23%0.5%$47.83 - $57.62 $ 60.1614%4100000
Jean-Marie Eveillard 2013-03-31 Reduce -68.35%0.31%$47.83 - $57.62 $ 60.1614%833601
Joel Greenblatt 2013-03-31 Sold Out 0.03%$47.83 - $57.62 $ 60.1614%0
John Griffin 2012-12-31 Add 95.42%1.12%$43.04 - $48.26 $ 60.1632%3410000
Jean-Marie Eveillard 2012-12-31 Reduce -22.68%0.13%$43.04 - $48.26 $ 60.1632%2633838
Joel Greenblatt 2012-12-31 New Buy0.03%$43.04 - $48.26 $ 60.1632%9983
Joel Greenblatt 2012-12-31 New Buy0.03%$43.04 - $48.26 $ 60.1632%9983
John Griffin 2012-09-30 New Buy1.2%$37.49 - $45.9 $ 60.1646%1745000
Jean-Marie Eveillard 2012-09-30 Add 4479.89%0.56%$37.49 - $45.9 $ 60.1646%3406248
Joel Greenblatt 2012-06-30 Sold Out 0.08%$33.81 - $38.22 $ 60.1667%0
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Time Warner Inc

Weekly CEO Sells Highlight: Geospace Technologies, Time Warner, Liberty Property Trust and McKesson
February 18, 2013
According to GuruFocus Insider Data, these are the largest CEO sales during the past week: Geospace Technologies Corp., Time Warner Inc., Liberty Property Trust and McKesson Inc. Read more...

Ratios

vs
industry		 vs
history
P/E(ttm) 18.50
TWX's P/E(ttm) is ranked lower than
613496% of the 163 Companies
in the Global Media - Diversified industry.

( Industry Median: 19.70 vs. TWX: 18.50 )
TWX' s 10-Year P/E(ttm) Range
Min: 5.48   Max: 125.38
Current: 18.5
5.48
125.38
P/B 1.90
TWX's P/B is ranked lower than
452488% of the 221 Companies
in the Global Media - Diversified industry.

( Industry Median: 1.71 vs. TWX: 1.90 )
TWX' s 10-Year P/B Range
Min: 0.33   Max: 19.77
Current: 1.9
0.33
19.77
P/S 2.03
TWX's P/S is ranked lower than
427350% of the 234 Companies
in the Global Media - Diversified industry.

( Industry Median: 1.46 vs. TWX: 2.03 )
TWX' s 10-Year P/S Range
Min: 0.39   Max: 20.49
Current: 2.03
0.39
20.49
PFCF 18.50
TWX's PFCF is ranked lower than
657894% of the 152 Companies
in the Global Media - Diversified industry.

( Industry Median: 15.47 vs. TWX: 18.50 )
TWX' s 10-Year PFCF Range
Min: 3.06   Max: 168.64
Current: 18.5
3.06
168.64
EV-to-EBIT 12.2
TWX's EV-to-EBIT is ranked lower than
558659% of the 179 Companies
in the Global Media - Diversified industry.

( Industry Median: 14.61 vs. TWX: 12.2 )
TWX' s 10-Year EV-to-EBIT Range
Min: 6.3   Max: 275.9
Current: 12.2
6.3
275.9
Shiller P/E 206.4
TWX's Shiller P/E is ranked lower than
100% of the Companies
in the Global Media - Diversified industry.

( Industry Median: vs. TWX: 206.4 )
TWX' s 10-Year Shiller P/E Range
Min: 24.48   Max: 210.14
Current: 206.4
24.48
210.14

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 1.77
TWX's Dividend Yield is ranked lower than
854700% of the 117 Companies
in the Global Media - Diversified industry.

( Industry Median: 2.07 vs. TWX: 1.77 )
TWX' s 10-Year Dividend Yield Range
Min: 0.13   Max: 4.96
Current: 1.77
0.13
4.96
Dividend Payout 0.3274
TWX's Dividend Payout is ranked lower than
1204818% of the 83 Companies
in the Global Media - Diversified industry.

( Industry Median: 0.50 vs. TWX: 0.3274 )
TWX' s 10-Year Dividend Payout Range
Min: 0.11   Max: 0.38
Current: 0.33
0.11
0.38
Dividend growth (3y) 8.5
TWX's Dividend growth (3y) is ranked lower than
61% of the 33 Companies
in the Global Media - Diversified industry.

( Industry Median: 10.70 vs. TWX: 8.5 )
TWX' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 39.2
Current: 8.5
0
39.2
Yield on cost (5-Year) 2.80
TWX's Yield on cost (5-Year) is ranked lower than
826445% of the 121 Companies
in the Global Media - Diversified industry.

( Industry Median: 2.16 vs. TWX: 2.80 )
TWX' s 10-Year Yield on cost (5-Year) Range
Min: 0.2   Max: 7.7
Current: 2.8
0.2
7.7
Share Buyback Rate 4.9
TWX's Share Buyback Rate is ranked lower than
3448272% of the 29 Companies
in the Global Media - Diversified industry.

( Industry Median: 0.90 vs. TWX: 4.9 )
TWX' s 10-Year Share Buyback Rate Range
Min: 6.6   Max: -15.5
Current: 4.9

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 8.6
TWX's Price/Net Current Asset Value is ranked lower than
653594% of the 153 Companies
in the Global Media - Diversified industry.

( Industry Median: 13.30 vs. TWX: 8.6 )
TWX' s 10-Year Price/Net Current Asset Value Range
Min: 4.4   Max: 237.3
Current: 8.6
4.4
237.3
Price/DCF (Projected) 1
TWX's Price/DCF (Projected) is ranked lower than
1136363% of the 88 Companies
in the Global Media - Diversified industry.

( Industry Median: 1.30 vs. TWX: 1 )
TWX' s 10-Year Price/DCF (Projected) Range
Min: 0.3   Max: 0.8
Current: 1
0.3
0.8
Price/Median PS Value 1.5
TWX's Price/Median PS Value is ranked lower than
446428% of the 224 Companies
in the Global Media - Diversified industry.

( Industry Median: 1.20 vs. TWX: 1.5 )
TWX' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 10.3
Current: 1.5
0.4
10.3
Earnings Yield (Greenblatt) 8.20
TWX's Earnings Yield (Greenblatt) is ranked higher than
60% of the 186 Companies
in the Global Media - Diversified industry.

( Industry Median: 6.70 vs. TWX: 8.20 )
TWX' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.4   Max: 15.9
Current: 8.2
0.4
15.9
Forward Rate of Return (Yacktman) 4.49
TWX's Forward Rate of Return (Yacktman) is ranked lower than
70% of the 76 Companies
in the Global Media - Diversified industry.

( Industry Median: 9.11 vs. TWX: 4.49 )
TWX' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 3.5   Max: 37.1
Current: 4.49
3.5
37.1

Business Description

Time Warner Inc. is a media and entertainment company. The Company was formed in connection with the merger of America Online, Inc. and Time Warner Inc., now known as Historic TW Inc., which was consummated on January 11, 2001. The Company classifies its businesses into the three reporting segments: Networks, consisting principally of cable television networks that provide programming; Filmed Entertainment, consisting principally of feature film, television and home video production and distribution; and Publishing, consisting principally of magazine publishing. The Company's Networks business consists principally of domestic and international basic cable networks, pay television programming services and a broadcast television network. The basic cable networks owned by Turner Broadcasting System, Inc. constitute the principal component of the Company's basic cable networks. The Company's Filmed Entertainment businesses produce and distribute theatrical motion pictures, television shows, animation and other programming and videogames, distribute home video product, and license rights to the Company's feature films, television programming and characters. All of the foregoing businesses are principally conducted by various subsidiaries and affiliates of Warner Bros. Entertainment Group. The Company's publishing businesses are conducted primarily by Time Inc., a wholly owned subsidiary of the Company, either directly or through its subsidiaries. Under the Communications Act of 1934, as amended, and its implementing regulations, cable networks are subject to certain direct and, through their distribution partners, indirect obligations relating to closed captioning, political advertising, and commercial limits on programming produced and broadcast primarily for an audience of children 12 and under. The Company's magazine subscription and direct marketing activities, as well as marketing activities by other divisions of the Company, are subject to regulation by the FTC and each of the states under general consumer protection statutes prohibiting unfair or deceptive acts or practices.
Company Website
SEC Reports
Industry: Media - Diversified
Compare:VIA, NWS, VIVHY, MSG, DISCA
Traded in other countries:AOL1.Germany
» More Articles for TWX

Headlines

Articles On GuruFocus.com
Billionaire Ken Griffin's Big Shakeups: Apple (AAPL), Comcast (CMCSA) And More Mar 24 2013 
Billionaire Ken Griffin's Top Five Shakeups: Apple, Comcast and More Mar 19 2013 
Daniel Loeb Reports New Top Position – Virgin Media Mar 11 2013 
Carl Icahn Builds Dell Stake and Time Inc. Is Set to Get Spun Off After Deal Breaks Down Mar 07 2013 
Weekly CEO Sells Highlight: Geospace Technologies, Time Warner, Liberty Property Trust and McKesson Feb 18 2013 
Spin-off Starz, Opportunity to Get Value Jan 30 2013 
Weekly CEO Sells Highlight: GTx, Inc, VIVUS, Inc, Time Warner Inc. Jul 22 2012 
Jim Simons Buys Time Warner, Research in Motion, JC Penney, CME and Schlumberger May 15 2012 
Maybe Diversification Is Not All It's Cracked Up to Be Apr 19 2012 
Weekly Top Insider Buys: TWX, GILD, DELL, NOC, BSX Feb 27 2012 


Personalized Checklist





Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

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