Analyzing CBS (CBS.A) and The Competition

Valuation & Earnings

This table compares CBS and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
CBS	N/A	N/A	2.19
CBS Competitors	$2.96 billion	-$25.26 million	14.60

CBS’s competitors have higher revenue, but lower earnings than CBS. CBS is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Volatility & Risk

CBS has a beta of 1.08, indicating that its stock price is 8% more volatile than the S&P 500. Comparatively, CBS’s competitors have a beta of 1.02, indicating that their average stock price is 2% more volatile than the S&P 500.

Profitability

This table compares CBS and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
CBS	N/A	N/A	N/A
CBS Competitors	-19.43%	-47.77%	-5.29%

Insider & Institutional Ownership

1.0% of CBS shares are owned by institutional investors. Comparatively, 39.0% of shares of all “Media” companies are owned by institutional investors. 1.7% of CBS shares are owned by insiders. Comparatively, 17.8% of shares of all “Media” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Dividends

CBS pays an annual dividend of $0.72 per share and has a dividend yield of 4.3%. CBS pays out 9.3% of its earnings in the form of a dividend. As a group, “Media” companies pay a dividend yield of 5.0% and pay out 100.3% of their earnings in the form of a dividend.

About CBS

CBS Corporation operates as a mass media company worldwide. The company operates in four segments: Entertainment, Cable Networks, Publishing, and Local Media. The Entertainment segment distributes a schedule of news and public affairs broadcasts, and sports and entertainment programming; produces, acquires, and/or distributes programming, including series, specials, news, and public affairs; operates online content networks for information and entertainment; produces theatrical films; and digital streaming services. This segment also operates CBS Sports Network, a 24-hour cable program service that provides college sports and related content. The Cable Networks segment offers subscription program services, such as original series, theatrical feature films, documentaries, boxing and other sports-related programming, and special events, as well as a direct-to-consumer digital streaming subscription. This segment also operates Smithsonian Networks, which operates a channel featuring cultural, historical, scientific, and educational programs. The Publishing segment publishes and distributes adult and children's consumer books in printed, digital, and audio formats; develops special imprints and publishes titles based on the products of the company, as well as that of third parties; and distributes products for other publishers. This segment also delivers content; and promotes its products on its Websites, social media, and general Internet sites, as well as those related to individual titles. The Local Media segment owns 29 broadcast television stations; and operates local Websites, including content from its television stations. The company was founded in 1986 and is headquartered in New York, New York.