AMC Networks (AMCX) is an entertainment firm that manages and runs a collection of video entertainment products and a platform that are offered to viewers, distributors and advertisers globally and domestically. The firm operates through two divisions: Domestic Operations and International and Other. Domestic Operations handles various national programming networks, like AMC, WE tv, BBC AMERICA, IFC, and SundanceTV. It also provides streaming services including Acorn TV, Shudder, Sundance Now, ALLBLK, HIDIVE and AMC+ among others. The division also operates a film distribution business under the name IFC Films.
as of February 8, 2023
AMC Networks reaches over 350 million subscribers in more than 125 countries. With that level of attention it will be around for years to come. In terms of financial performance, AMC Networks has seen steady growth. In the last 12 months, the company reported revenue of $2.94 billion and net income of $289 million. It also has a book value of $23.33 per share and earns an incredible 25% return on equity. The company has total cash in excess of $790 million and total debt of $2.98 billion, which is not ideal but far from detrimental. The price-earnings ratio is also incredibly low at just 2.34 and it generates over $1.6 million per employee. Should be priced above book value, at the very least.
