Professional
Added to YB: 2021-01-01
Pitch date: 2021-01-01
NYT [bullish]
The New York Times Company
+35.93%
current return
Author Info
Greenhaven Road is a boutique hedge fund with the patience and confidence to step outside of the norm. Visit their website.
Company Info
The New York Times Company, together with its subsidiaries, creates, collects, and distributes news and information worldwide.
Market Cap
$10.4B
Pitch Price
$49.51
Price Target
N/A
Dividend
1.13%
EV/EBITDA
18.08
P/E
31.17
EV/Sales
3.41
Sector
Media
Category
growth
Greenhaven Road New Position - New York Times Co (NYT)
NYT: Digital subs hit 6M, expect 10M+ at $200 ARPU for $3B revs, $1B pre-tax earnings. Subs now 75% of revs vs 25% in 2000. Paywall, targeted marketing, quality content driving growth. Scale advantage in talent, coverage. Expanding to podcasts, recipes, Wirecutter. 20x PE on $1B+ earnings = $20B+ mkt cap, a double or triple from here.
Read full article (5 min)