The E.W. Scripps Company (SSP) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-527.5%

-$11.50

vs $2.69 price

Levered DCF

$9.32

After debt service

Piotroski score

4 / 9

Average

Altman Z-score

-0.93

Distress zone

Rating

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-2.13×	2.19×	-0.67×	7.71×	24.49×	14.99×	-662.87×	62.92×
P/B	0.28×	0.14×	0.58×	0.52×	0.81×	1.07×	1.41×	1.38×
P/S	0.16×	0.08×	0.29×	0.45×	0.7×	0.67×	0.94×	1.11×
EV / EBITDA	-61.48×	4.96×	-6.16×	6.83×	9.31×	8.91×	19.68×	9.82×
Gross margin	33.7%	47.4%	44.0%	49.7%	51.6%	49.9%	48.1%	40.3%
Operating margin	7.5%	16.4%	-32.9%	17.5%	17.5%	16.3%	6.5%	12.8%
Net margin	-4.7%	5.8%	-41.3%	8.0%	5.4%	14.5%	-1.4%	1.8%
Current ratio	1.65×	1.31×	1.41×	1.33×	1.37×	5.84×	2.06×	2.38×
Debt / equity	2.18×	2.04×	2.64×	1.41×	1.66×	2.56×	2.26×	0.74×
Interest coverage	0.73×	1.96×	-3.53×	2.66×	2.43×	3.26×	1.08×	4.1×
Dividend yield	0.0%	0.0%	7.1%	4.4%	2.8%	1.3%	1.3%	1.3%
Payout ratio	0.0%	0.0%	-5.1%	24.5%	36.7%	6.2%	-89.1%	80.4%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-8.1%	11.1%	-82.0%	9.2%	6.2%	23.2%	-2.0%	2.2%
Return on invested capital	3.0%	6.1%	-14.9%	5.1%	4.0%	4.9%	-5.1%	5.8%
Return on assets	-2.0%	2.8%	-17.5%	3.0%	1.8%	5.5%	-0.5%	1.0%
Free cash flow yield	1.9%	158.6%	7.7%	24.2%	11.0%	18.5%	-8.9%	6.3%
Earnings yield	-28.7%	77.2%	-140.8%	17.8%	7.7%	21.6%	-1.4%	1.6%
Enterprise value	$3B	$2.9B	$3.7B	$4.1B	$4.8B	$3.6B	$3.3B	$1.9B
Net debt / EBITDA	-54.37×	4.63×	-5.03×	5×	6.22×	5.87×	12.03×	3.07×
Cash conversion cycle (days)	80	55	75	65	64	60	98	-78