Added to YB: 2025-04-07
Pitch date: 2025-04-07
EVC [bullish]
Entravision Communications Corporation
+93.42%
current return
Author Info
Company Info
Entravision Communications Corporation, a media and advertising technology company, owns and operates television and radio stations in the United States and internationally.
Market Cap
$275.0M
Pitch Price
$1.83
Price Target
N/A
Dividend
6.69%
EV/EBITDA
17.72
P/E
-3.47
EV/Sales
0.95
Sector
Media
Category
special_situation
Under the Hood
EVC (new position): Spanish-language broadcaster w/ 49 TV & 44 radio stations covering US Hispanics. Trading <4x EV/normalized EBITDA ($67.5M avg). Smadex DSP could sell for $120M+ (10-12x EBITDA) vs $113M net debt. Spectrum in Boston/Denver/Tampa worth $250-800M vs $175M mcap. New CEO Christenson cutting costs, prioritizing dividend (10% yield). FCC deregulation unlocks M&A—Standard General (Soo Kim) or Searchlight likely buyers at ~$500M ($3x current). Risk: ad cyclicality, dividend sustainability if status quo persists. Multiple paths to 2-3x upside.
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