Shaw Communications Financials

SJR Stock  USD 28.60  0.07  0.25%   
As of 03/21/2023, Average Assets is likely to drop to about 17.9 B. In addition to that, Earnings Before Interest Taxes and Depreciation Amortization EBITDA is likely to drop to about 1.1 B.
  
With this module, you can analyze Shaw Communications financials for your investing period. You should be able to track the changes in Shaw Communications individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Shaw Communications Most Recent Estimates

Quarterly Earnings Growth
(0.14) 
Diluted Eps
1.06
EPS Estimate Current Year
1.05
EPS Estimate Next Year
1.08
EPS Estimate Current Quarter
0.28
Understanding current and past Shaw Communications Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Shaw Communications' financial statements are interrelated, with each one affecting the others. For example, an increase in Shaw Communications' assets may result in an increase in income on the income statement.
The financial analysis of Shaw Communications is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Shaw Communications includes many different criteria found on its balance sheet. For example, investors should never minimize Shaw Communications' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Shaw Communications' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Shaw Communications.

Cash and Equivalents

579.29 Million

Evaluating Shaw Communications' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Shaw Communications' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Shaw Communications' relative financial performance

Chance Of Distress

Less than 38

Shaw Communications has less than 38 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Shaw Communications stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Shaw Communications' odds of distress score SHOULD NOT be confused with the real chance of Shaw Communications filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Shaw Communications is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Shaw Communications' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in Shaw Communications' official financial statements usually reflect Shaw Communications' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Shaw Communications. For example, before you start analyzing numbers published by Shaw Communications accountants, it's critical to develop an understanding of what Shaw Communications' liquidity, profitability, and earnings quality are in the context of the Media space in which it operates.
Please note, the presentation of Shaw Communications' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Shaw Communications' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Shaw Communications' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Shaw Communications. Please utilize our Beneish M Score to check the likelihood of Shaw Communications' management to manipulate its earnings.

Shaw Communications Company Summary

Shaw Communications competes with AMC Entertainment, AMC Networks, Airnet Technology, AcuityAds Holdings, and Liberty Media. Shaw Communications Inc. operates as a connectivity company in North America. Shaw Communications Inc. was incorporated in 1966 and is headquartered in Calgary, Canada. Shaw Communications operates under Telecom Services classification in the United States and is traded on New York Stock Exchange. It employs 9400 people.
Specialization
Communication Services, Media & Entertainment
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINCA82028K2002
CUSIP82028K200
LocationAlberta; Canada
Business Address6303rd Avenue SW,
SectorMedia
IndustryCommunication Services
BenchmarkNYSE Composite
Websitewww.shaw.ca
Phone403 750 4500
CurrencyUSD - US Dollar
You should never invest in Shaw Communications without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Shaw Communications Stock, because this is throwing your money away. Analyzing the key information contained in Shaw Communications' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Shaw Communications Key Financial Ratios

Generally speaking, Shaw Communications' financial ratios allow both analysts and investors to convert raw data from Shaw Communications' financial statements into concise, actionable information that can be used to evaluate the performance of Shaw Communications over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Shaw Communications reports annually and quarterly.

Shaw Communications Key Balance Sheet Accounts

201820192020202120222023 (projected)
Total Assets15.65 B16.16 B15.79 B15.77 B18.13 B18.02 B
Current Assets2.22 B1.5 B1.23 B1.3 B1.5 B1.52 B
Assets Non Current13.43 B14.66 B14.56 B14.46 B16.63 B16.5 B
Cash and Equivalents1.45 B763 M355 M421 M484.15 M579.29 M
Total Debt5.35 B6.02 B6 B5.88 B6.77 B6.61 B
Debt Current41 M1.29 B314 M311 M282.6 M348.4 M
Debt Non Current4.06 B5.7 B5.68 B5.57 B6.4 B6.17 B
Deferred Revenue440 M420 M404 M393 M353.7 M456.01 M
Shareholders Equity6.28 B6.23 B6.04 B6.24 B7.17 B6.94 B
Investments37 M42 M70 M71 M81.65 M83.8 M
Total Liabilities9.36 B9.93 B9.75 B9.53 B10.96 B11.03 B
Current Liabilities2.83 B1.69 B1.56 B1.52 B1.37 B1.47 B
Tax Liabilities1.96 B2.02 B2 B1.96 B2.26 B2.25 B

Shaw Communications Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Shaw Communications' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201820192020202120222023 (projected)
Consolidated Income733 M688 M986 M764 M687.6 M691.35 M
Gross Profit5.34 B5.41 B5.51 B5.45 B6.27 B6.25 B
Interest Expense258 M274 M231 M260 M234 M237.76 M
Net Income731 M688 M986 M764 M687.6 M685.72 M
Operating Expenses4.21 B4.25 B4.24 B4.14 B4.76 B4.79 B
Operating Income1.12 B1.16 B1.27 B1.31 B1.18 B1.11 B
Revenues5.34 B5.41 B5.51 B5.45 B6.27 B6.25 B
Income Tax Expense118 M179 M46 M257 M231.3 M202.5 M

Shaw Communications Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Shaw Communications. It measures of how well Shaw Communications is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Shaw Communications brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Shaw Communications had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Shaw Communications has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201820192020202120222023 (projected)
Capital Expenditure(1.09 B)(999 M)(858 M)(916 M)(824.4 M)(889.48 M)
Net Cash Flow or Change in Cash and Cash Equivalents1.06 B(683 M)(408 M)66 M59.4 M64.09 M
Issuance Purchase of Equity Shares43 M35 M(131 M)(318 M)15.3 M16.51 M
Issuance Repayment of Debt Securities991 M(734 M)(111 M)(115 M)(132.25 M)(142.69 M)
Payment of Dividends and Other Cash Distributions(389 M)(573 M)(597 M)(592 M)(532.8 M)(574.86 M)
Net Cash Flow from Financing627 M(1.45 B)(1.33 B)(690 M)(621 M)(670.03 M)
Net Cash Flow from Investing(1.13 B)(1.15 B)(997 M)(1.07 B)(967.5 M)(1.04 B)
Net Cash Flow Investment Acquisitions and Disposals88 M558 M(5 M)(1,000 K)(1.15 M)(1.18 M)
Net Cash Flow from Operations1.57 B1.92 B1.92 B1.83 B2.11 B2.04 B

Shaw Communications Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Shaw Communications's current stock value. Our valuation model uses many indicators to compare Shaw Communications value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shaw Communications competition to find correlations between indicators driving Shaw Communications's intrinsic value. More Info.
Shaw Communications is rated second in current asset category among related companies. It is rated third in price to sales category among related companies . The ratio of Current Asset to Price to Sales for Shaw Communications is about  357,171,981 . As of 03/21/2023, Price to Sales Ratio is likely to drop to 3.34. Comparative valuation analysis is a catch-all model that can be used if you cannot value Shaw Communications by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shaw Communications' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Shaw Communications' earnings, one of the primary drivers of an investment's value.

Shaw Communications Systematic Risk

Shaw Communications' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Shaw Communications volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Shaw Communications correlated with the market. If Beta is less than 0 Shaw Communications generally moves in the opposite direction as compared to the market. If Shaw Communications Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Shaw Communications is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Shaw Communications is generally in the same direction as the market. If Beta > 1 Shaw Communications moves generally in the same direction as, but more than the movement of the benchmark.
.

About Shaw Communications Financials

What exactly are Shaw Communications Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Shaw Communications' income statement, its balance sheet, and the statement of cash flows. Potential Shaw Communications investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Shaw Communications investors may use each financial statement separately, they are all related. The changes in Shaw Communications's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Shaw Communications's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Shaw Communications Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Shaw Communications is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Shaw Communications has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Shaw Communications' financials are consistent with your investment objective using the following steps:
  • Review Shaw Communications' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Shaw Communications' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Shaw Communications' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Shaw Communications' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to conduct additional research and seek professional advice.

Shaw Communications Thematic Clasifications

Shaw Communications is part of Communication investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Communication industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Communication Idea
CommunicationView
This theme covers USA Equities from Communication industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas

Shaw Communications March 21, 2023 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Shaw Communications help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Shaw Communications. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shaw Communications based on widely used predictive technical indicators. In general, we focus on analyzing Shaw Communications Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shaw Communications's daily price indicators and compare them against related drivers.
Additionally, take a look at World Market Map. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for analysis

When running Shaw Communications price analysis, check to measure Shaw Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shaw Communications is operating at the current time. Most of Shaw Communications' value examination focuses on studying past and present price action to predict the probability of Shaw Communications' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Shaw Communications' price. Additionally, you may evaluate how the addition of Shaw Communications to your portfolios can decrease your overall portfolio volatility.
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Analyst Recommendations
Analyst recommendations and target price estimates broken down by several categories
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Is Shaw Communications' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shaw Communications. If investors know Shaw Communications will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shaw Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14) 
Dividend Share
1.185
Earnings Share
1.06
Revenue Per Share
10.886
Quarterly Revenue Growth
(0.012) 
The market value of Shaw Communications is measured differently than its book value, which is the value of Shaw Communications that is recorded on the company's balance sheet. Investors also form their own opinion of Shaw Communications' value that differs from its market value or its book value, called intrinsic value, which is Shaw Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shaw Communications' market value can be influenced by many factors that don't directly affect Shaw Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shaw Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine Shaw Communications value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shaw Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.