Starz Entertainment Corp. offers its premium, subscription-based video content to viewers throughout the United States and Canada. The company primarily focuses on ...
Starz Entertainment Corp. offers its premium, subscription-based video content to viewers throughout the United States and Canada. The company primarily focuses on ...
Starz Entertainment Corp. (NASDAQ: STRZ) is a premium subscription video/content provider operating primarily in the United States and Canada. The business model is centered on STARZ-branded OTT streaming delivered through the STARZ app and distribution partners, monetized through recurring subscription fees and related programming/rights arrangements. From a fundamentals perspective, the ...
Starz Entertainment Corp. (NASDAQ: STRZ) is a premium subscription video/content provider operating primarily in the United States and Canada. The business model is centered on STARZ-branded OTT streaming delivered through the STARZ app and distribution partners, monetized through recurring subscription fees and related programming/rights arrangements. From a fundamentals perspective, the most striking feature in the provided TTM snapshot is profitability pressure and negative bottom-line performance: net profit margin is approximately -34% and operating margin is about -17%, with net income per share of -25.45. Returns are also deeply negative (ROE about -82% and ROA about -26%), indicating that either costs, amortization, restructuring/impairments, or both are currently outweighing revenue generation. Despite losses, the company shows relatively high gross margin (about 69%), suggesting that content monetization and pricing can be attractive at the gross level. However, EBITDA margin is positive (about 29%), which implies that cash operating performance (or EBITDA-level profitability) is materially better than the GAAP net income level—potentially due to non-cash charges, depreciation/amortization, and/or restructuring impacts flowing through below EBITDA. Liquidity and leverage metrics point to financial strain: the current ratio is very low (≈0.25), working capital is negative, and debt-to-equity is high (≈2.26). Leverage and coverage also look stressed: interest coverage is reported as negative in the TTM metrics provided, while debt-to-EBITDA-related valuation metrics imply that debt servicing and cash flow conversion remain key watch-items. Valuation signals are mixed. Price-to-sales is low (≈0.37) and enterprise value to sales is modest (≈0.85), but common earnings multiples (P/E) are not meaningful due to losses. Free cash flow yield and operating cash flow coverage appear unfavorable in TTM figures, consistent with ongoing investment, rights/content economics, or cash flow volatility. Overall, sentiment likely hinges on subscriber/retention trends and the cost discipline of programming and content obligations; if Starz can sustain subscriber value and improve conversion from EBITDA to net income/FCF, the investment case strengthens. Conversely, persistent losses plus high leverage and weak liquidity remain primary fundamental headwinds.
총이익률, 영업이익률, 순이익률이 전년 대비 어떻게 바뀌었는지 보여줍니다.
| 지표 | 현재 | 이전 | 전년 대비전년 동기 대비 변화: 현재 분기와 전년 동기 분기를 비교합니다. | 전분기 대비전분기 대비 변화: 현재 분기와 직전 분기를 비교합니다. | 신호 |
|---|---|---|---|---|---|
| 매출 | — | — | — | — | 보합 |
| 희석 EPS | — | — | — | — | 보합 |
| 잉여현금흐름 | — | — | — | — | 보합 |
| 지표 | 현재 | 이전 | 전년 대비전년 동기 대비 변화: 현재 분기와 전년 동기 분기를 비교합니다. | 전분기 대비전분기 대비 변화: 현재 분기와 직전 분기를 비교합니다. | 신호 |
|---|---|---|---|---|---|
| 순이익률 | — | -61.51% | — | — | 보합 |
| 영업이익률 | — | -57.00% | — | — | 보합 |
| ROE | — | — | — | — | 보합 |
| 지표 | 현재 | 이전 | 전년 대비전년 동기 대비 변화: 현재 분기와 전년 동기 분기를 비교합니다. | 전분기 대비전분기 대비 변화: 현재 분기와 직전 분기를 비교합니다. | 신호 |
|---|---|---|---|---|---|
| 유동비율 | — | 0.253 | — | — | 보합 |
| 당좌비율 | — | 0.253 | — | — | 보합 |
| 부채 / 자본 | — | 2.263 | — | — | 보합 |
| 지표 | 현재 | 이전 | 전년 대비전년 동기 대비 변화: 현재 분기와 전년 동기 분기를 비교합니다. | 전분기 대비전분기 대비 변화: 현재 분기와 직전 분기를 비교합니다. | 신호 |
|---|---|---|---|---|---|
| P/E | — | -0.64x | — | — | 보합 |
| P/B | — | 1.64x | — | — | 보합 |