Saga Communications, Inc.

Saga Communications, Inc.

SGAยทNASDAQ

$9.34

+0.43%
Communication ServicesBroadcasting

Saga Communications, Inc., a broadcast company, acquires, develops, and operates broadcast properties in the United States. The company's radio stations employ various programming formats, including classic hits, adult hits, top 40, country, country legends, mainstream/hot/soft adult contemporary, pure oldies, classic rock, and news/talk. As of February 28, 2022, it owned seventy-nine FM, thirty- four AM radio stations, and seventy-nine metro signals serving twenty-seven markets. The company was founded in 1986 and is headquartered in Grosse Pointe Farms, Michigan.

At a Glance

Live Snapshot
Market Cap$59.52M
EPS-1.2800
P/E Ratio-7.30
Earnings Date08/06/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -7.3).

Valuation inputs: P/E -7.3, earnings yield N/A, momentum +0.4%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -5.2%, ROIC -0.9%).

Profitability stack: net margin -7.4%, ROE -5.2%, ROIC -0.9%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +24.8%, momentum +0.4%, net margin -7.4%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Saga Communications, Inc. Market vs Earnings Trajectory

SGA ยท NASDAQ

Loading price and EPS data...

Saga Communications, Inc.

Saga Communications, Inc. Fair Value Envelope

SGA ยท NASDAQ

Our analysis suggests that SGA has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $9.34, this represents a potential HIDDEN relative to our calculated worth for Saga Communications, Inc..

Intrinsic Value
Current Price: $9.34
3Y-184.0%
5Y+288.0%
10Y-141.0%
3Y-7.0%
5Y+12.0%
10Y-25.0%
3Y-186.0%
5Y+313.0%
10Y-143.0%
3Y-68.0%
5Y-55.0%
10Y-81.0%
3Y-78.0%
5Y-75.0%
10Y-79.0%
3Y-16.0%
5Y-18.0%
10Y-9.0%
Saga Communications, Inc.

Saga Communications, Inc. Profit Bridge

SGA ยท NASDAQ
Revenue107.11M
Cost of Goods Sold (96.96M)
Gross Profit10.15M
Operating Expenses (12.32M)
Operating Income-2.17M
Interest Expense (434.00K)
Other Income/Expense-8.30M
Pretax Income-10.47M
Income Tax (-2.57M)
Net Income-7.90M
Net Income
-7.90M

Profitability Analysis

Gross Margin

9.5%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

-2.0%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-7.4%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

9.48%
Gross Profit Margin
-33%
3Y-60.0%
5Y-36.0%
10Y-67.0%
-2.02%
Operating Profit Margin
-197%
3Y-118.0%
5Y+55.0%
10Y-109.0%
-7.37%
Net Profit Margin
-341%
3Y-192.0%
5Y+269.0%
10Y-158.0%
-5.21%
Return on Equity
-350%
3Y-201.0%
5Y+419.0%
10Y-139.0%
-3.92%
Return on Assets
-351%
3Y-203.0%
5Y+406.0%
10Y-148.0%
-0.88%
Return on Invested Capital
-203%
3Y-122.0%
5Y+65.0%
10Y-110.0%
SGA

Saga Communications, Inc. Cash Conversion Engine

SGA ยท NASDAQ
Net Income-7.90M
Depreciation & Amortization5.18M
Stock-Based Compensation2.13M
Change in Working Capital904.00K
Others9.24M
Capital Expenditures-3.04M
Free Cash Flow2.42M

Cash Flow Quality Analysis

FCF Conversion Rate

-30.7%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

55.7%

Capital-intensive operations require significant reinvestment. Monitor whether CapEx is maintenance or growth-oriented.

FCF Growth Trend

-43.6%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$904.00K

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

sga

Saga Communications, Inc. Funding & Solvency Profile

SGA ยท NASDAQ
Cash & Cash Equivalents55.00K
Net Receivables0.00
Inventory0.00
Other Current Assets0.00
Total Current Assets55 K
Property, Plant & Equipment-797.00K
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets-797000
Total Assets
-742.00K

Financial Health Analysis

Working Capital

55 K

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

0% Current

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Saga Communications, Inc. Street Expectations Map

SGA ยท NASDAQ

No Target Data

No analyst price targets available for sga.

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Saga Communications, Inc. Insider Positioning

SGA ยท NASDAQ

During the last 12 months, insiders have sold $738K worth of SGA shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

5.7K

68.35K

Net Activity

-68K

-$68K

6-9 Months

Bought

0

0.00

Sold

9.3K

115.77K

Net Activity

-116K

-$116K

9-12 Months

Bought

0

0.00

Sold

42.3K

554.35K

Net Activity

-554K

-$554K

Top Buyers

No buying activity

Top Sellers

1
EKCT

Edward K. Christian Trust

10 Percent Owner

55.7K sharesโ€ข33 transactions

$719K

2
FC

Forgy Christopher

Director, Officer: President & Ceo

760 sharesโ€ข1 transactions

$9K

3
BCA

Bobinski Catherine A

Officer: Svp, Chief Accounting Officer

564 sharesโ€ข1 transactions

$7K

4
LW

Leland Wayne

Officer: Chief Operating Officer

276 sharesโ€ข1 transactions

$3K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $738K net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

4 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

2.14%
Dividend Yield
-7%
3Y-79.0%
5Y-
10Y+232.0%
ย 

sga Dividend History

SGA
10Y CAGR 7%
Latest $0.25
Annual $1.25
Stable dividend payments
Last Period: +0%