Grupo Televisa, S.A.B. (NYSE:TV ) Q1 2025 Earnings Call April 30, 2025 11:00 AM ET Company Participants Alfonso de Angoitia - Co-Chief Executive Officer Francisco Valim - Chief Executive Officer, Cable and Sky Carlos Phillips - Chief Financial Officer Conference Call Participants Carlos Legarreta - Itau Gustavo Farias - UBS Operator Good morning, everyone and welcome to Grupo Televisa's First Q...
Mexico's largest broadcaster Grupo Televisa posted a 66% drop in net profit in the first quarter, sinking to to 319.8 million pesos ($15.63 million), according to a filing published by the company on Tuesday.
Grupo Televisa, S.A.B. remains undervalued as management optimizes for maximum cash flow to pay down debt. ViX streaming service has turned profitable quickly, showing substantial traction with 20% growth in MAUs and ARPUs. Despite cord-cutting trends, Sky and Cable business shows resilience, with management focusing on value customers and reducing churn to stabilize the subscriber base.
Grupo Televisa remains a strong buy due to significant undervaluation and impressive cash flow growth, despite market ignorance and top-line revenue declines. Efficiency gains have led to a 27% increase in operating cash flow and a 30% free cash flow yield at current market prices. The 45% stake in TelevisaUnivision alone is worth $3-4 per share, making the current stock price of $1.90 highly u...
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