Grupo Televisa SAB ADR
TV: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$3.00 | Jtf | Hhzx |
Televisa Reports Mixed Q1 Despite Continued Broadband Growth; Video Losses at Sky Are Accelerating
Televisa’s cable segment, now its main segment, kicked off 2022 with a mixed quarter, highlighted by consumer broadband growth offset by a decline in enterprise revenue. The merger of the firm’s content business with Univision was completed in January, turning Televisa into a bet on broadband and pay-TV penetration within Mexico, with a large equity stake in TelevisaUnivision. We are maintaining our fair value estimate of $14.