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Salem Media Group, Inc. SALM
Communication Services - Broadcasting - OTC - US
Watchlist
$ 1.23
0 %
$ 36.9 M
Market Cap
-0.31
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one SALM stock under the worst case scenario is HIDDEN Compared to the current market price of 1.23 USD, Salem Media Group, Inc. is HIDDEN

SALM Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one SALM stock under the base case scenario is HIDDEN Compared to the current market price of 1.23 USD, Salem Media Group, Inc. is HIDDEN

SALM Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one SALM stock under the best case scenario is HIDDEN Compared to the current market price of 1.23 USD, Salem Media Group, Inc. is HIDDEN

SALM Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart SALM

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1M 120%
6M 423.0%
1Y 278%
3Y -147%
5Y 46%
All
$1.8$1.8$1.6$1.6$1.4$1.4$1.2$1.2$1.0$1.0$0.8$0.8$0.6$0.6$0.4$0.4$0.2$0.2$0.0$0.0Nov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 Apr
FINANCIALS
267 M REVENUE
3.38%
Growth Rates
1Year 3.38%
3Years 1.69%
5Years 0.24%
7Years 0.06%
10Years 1.54%
15.9 M OPERATING INCOME
-37.15%
Growth Rates
1Year -37.15%
3Years -6.71%
5Years -7.08%
7Years -9.90%
10Years -6.30%
-3.24 M NET INCOME
-7.79%
Growth Rates
1Year -7.79%
3Years 51.20%
5Years -2.50%
7Years -3.71%
10Years -5.55%
7.74 M OPERATING CASH FLOW
-65.58%
Growth Rates
1Year -65.58%
3Years -23.08%
5Years -22.30%
7Years -19.75%
10Years -12.91%
-898 K INVESTING CASH FLOW
-7.73%
Growth Rates
1Year -7.73%
3Years -2.67%
5Years 38.66%
7Years 39.18%
10Years 26.33%
-8.63 M FINANCING CASH FLOW
77.67%
Growth Rates
1Year 77.67%
3Years 32.50%
5Years 12.80%
7Years -3.28%
10Years 2.81%
63.5 M REVENUE
-3.46%
Growth Rates
1Year 3.38%
3Years 1.69%
5Years 0.24%
7Years 0.06%
10Years 1.54%
-36.3 M OPERATING INCOME
-784.91%
Growth Rates
1Year -37.15%
3Years -6.71%
5Years -7.08%
7Years -9.90%
10Years -6.30%
-31.3 M NET INCOME
-341.18%
Growth Rates
1Year -7.79%
3Years 51.20%
5Years -2.50%
7Years -3.71%
10Years -5.55%
1.97 M OPERATING CASH FLOW
168.45%
Growth Rates
1Year -65.58%
3Years -23.08%
5Years -22.30%
7Years -19.75%
10Years -12.91%
-1.54 M INVESTING CASH FLOW
-187.83%
Growth Rates
1Year -7.73%
3Years -2.67%
5Years 38.66%
7Years 39.18%
10Years 26.33%
-432 K FINANCING CASH FLOW
-20.96%
Growth Rates
1Year 77.67%
3Years 32.50%
5Years 12.80%
7Years -3.28%
10Years 2.81%
Balance Sheet Salem Media Group, Inc.
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Current Assets 45.1 M
Cash & Short-Term Investments 0
Receivables 35.7 M
Other Current Assets 9.4 M
Non-Current Assets 460 M
Long-Term Investments 0
PP&E 125 M
Other Non-Current Assets 335 M
7.06 %24.75 %66.33 %Total Assets$505.1m
Current Liabilities 64.6 M
Accounts Payable 6.54 M
Short-Term Debt 17.3 M
Other Current Liabilities 40.8 M
Non-Current Liabilities 265 M
Long-Term Debt 193 M
Other Non-Current Liabilities 72.3 M
5.25 %12.36 %58.47 %21.94 %Total Liabilities$329.8m
EFFICIENCY
Earnings Waterfall Salem Media Group, Inc.
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Revenue 267 M
Cost Of Revenue 220 M
Gross Profit 47.1 M
Operating Expenses 31.2 M
Operating Income 15.9 M
Other Expenses 19.2 M
Net Income -3.24 M
300m300m250m250m200m200m150m150m100m100m50m50m00(50m)(50m)267m(220m)47m(31m)16m(19m)(3m)RevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
17.64% GROSS MARGIN
17.64%
Averages
1Year 17.64%
3Years 18.92%
5Years 19.84%
7Years 20.84%
10Years 22.54%
5.96% OPERATING MARGIN
5.96%
Averages
1Year 5.96%
3Years 6.86%
5Years 6.95%
7Years 7.67%
10Years 9.14%
-1.21% NET MARGIN
-1.21%
Averages
1Year -1.21%
3Years -2.67%
5Years -4.04%
7Years -1.09%
10Years -0.25%
-1.85% ROE
-1.85%
Averages
1Year -1.85%
3Years -6.17%
5Years -6.93%
7Years -2.83%
10Years -1.32%
-0.64% ROA
-0.64%
Averages
1Year -0.64%
3Years -0.97%
5Years -1.69%
7Years -0.38%
10Years -0.03%
3.10% ROIC
3.10%
Averages
1Year 3.10%
3Years 4.61%
5Years 6.50%
7Years 9.09%
10Years 7.26%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Salem Media Group, Inc.
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35m35m30m30m25m25m20m20m15m15m10m10m5m5m00(5m)(5m)(10m)(10m)20142014201520152016201620172017201820182019201920202020202120212022202220232023
Net Income -3.24 M
Depreciation & Amortization 12.6 M
Capital Expenditures -13.4 M
Stock-Based Compensation 284 K
Change in Working Capital -15.9 M
Others 1.15 M
Free Cash Flow -5.64 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Salem Media Group, Inc.
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SALM has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.025 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.3000.3000.2500.2500.2000.2000.1500.1500.1000.1000.0500.0500.0000.0000.0650.0650.0650.0650.0650.0250.0650.0650.0650.0650.0650.0650.0650.0650.0650.0650.0650.260.0650.260.0650.260.0650.260.0250.220.03201520152016201620172017201820182019201920202020
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5. COMPETITION
6. Ownership
Insider Ownership Salem Media Group, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Joe Pags Launches New Podcast with Salem Media Group: “Unshaken and Unafraid.” CAMARILLO, Calif., April 22, 2025 (GLOBE NEWSWIRE) -- Salem Media Group, Inc. (OTCQX: SALM) is proud to announce a powerful new addition to its growing lineup of fearless voices. Nationally syndicated talk radio host Joe Pags is launching a new podcast, “Unshaken and Unafraid.” exclusively with Salem. Joe will be doing three episodes per week. globenewswire.com - 1 week ago
100 Days of Trump: A Salem Radio Network Special CAMARILLO, Calif.--(BUSINESS WIRE)--100 Days of Trump: A Salem Radio Network Special. businesswire.com - 2 weeks ago
Charlie Kirk Surges to #1: Salem Media and the Next Generation of Conservative Media Dominate the Charts CAMARILLO, Calif--(BUSINESS WIRE)--Charlie Kirk Surges to #1: Salem Media and the Next Generation of Conservative Media Dominate the Charts. businesswire.com - 1 month ago
Salem Media Announces Charlie Kirk Moving into Dennis Prager Slot CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Announces Charlie Kirk Moving into Dennis Prager Slot. businesswire.com - 1 month ago
Salem Media Group Announces Sale of Remaining Honolulu, Hawaii Radio Stations CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group Announces Sale of Remaining Honolulu, Hawaii Radio Stations. businesswire.com - 1 month ago
Salem Media Group has Released its Year-End 2024 Annual Report CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group has Released its Year-End 2024 Financial Reporting Package. businesswire.com - 1 month ago
Salem Media Group Announces Transfer of Salem Music Networks to Christian FM Media CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group Announces Transfer of Salem Music Networks to Christian FM Media. businesswire.com - 2 months ago
Salem Media Group, Inc. Appoints Richard von Gnechten and Jim Renacci to its Board of Directors CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group, Inc. Appoints Richard von Gnechten and Jim Renacci to its Board of Directors. businesswire.com - 3 months ago
Salem Media Group New York Announces New General Manager in New York CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group New York Announces New General Manager in New York. businesswire.com - 3 months ago
Salem Media Group Announces the Appointment of Brad Parscale as Chief Strategy Officer CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Group Announces the Appointment of Brad Parscale as Chief Strategy Officer. businesswire.com - 3 months ago
Salem Media Group Substantially Strengthens its Balance Sheet by Repaying All $159.4 Million of its Long-Term Debt and Brings in New Strategic Investor CAMARILLO, Calif.--(BUSINESS WIRE)--Salem Media Substantially Strengthens its Balance Sheet by Repaying All $159.4 Million of its Long-Term Debt and Brings in New Strategic Investor. businesswire.com - 4 months ago
Salem New York Announces Multi-Year Extension of Legendary Talk Host Joe Piscopo CAMARILLO, Calif.--(BUSINESS WIRE)--Salem New York Announces Multi-Year Extension of Legendary Talk Host Joe Piscopo. businesswire.com - 4 months ago
8. Profile Summary

Salem Media Group, Inc. SALM

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COUNTRY US
INDUSTRY Broadcasting
MARKET CAP $ 36.9 M
Dividend Yield 0.00%
Description Salem Media Group, Inc. operates as a multimedia company in the United States. It operates through three segments: Broadcast, Digital Media, and Publishing. The company owns and operates 32 FM radio stations and 69 AM radio stations; offers programs on the Family Talk Christian-themed talk format station on SiriusXM Channel 131; provides programming to Christian and family-themed talk stations, music stations, and news talk stations; places advertising on Christian and talk formatted radio stations, and other commercial radio station formats; and operates Salem Podcast Network, a platform for conservative, political, news, and family-oriented podcasts. It also provides Christian, conservative, investing content, e-commerce, audio and video streaming, and other resources digitally through BibleStudyTools.com, Crosswalk.com, GodVine.com, iBelieve.com, GodTube.com, OnePlace.com, Christianity.com, GodUpdates.com, CrossCards.com, ChristianHeadlines.com, LightSource.com, AllCreated.com, ChristianRadio.com, CCMmagazine.com, SingingNews.com, and SouthernGospel.com; and Townhall.com, HotAir.com, Twitchy.com, RedState.com, BearingArms.com, ConservativeRadio.com, and pjmedia.com, as well as mobile applications. In addition, the company publishes digital newsletters that provide market analysis and non-individualized investment strategies; and operates SermonSearch.com, ChurchStaffing.com, WorshipHouseMedia.com, SermonSpice.com, WorshipHouseKids.com, Preaching.com, ChristianJobs.com, ShiftWorship.com, JourneyBoxMedia.com, Playblackmedia.com, and HyperPixelsMedia.com. Further, it offers publication of conservative, Christian, and history books; Xulon Press, a print-on-demand self-publishing service; and Mill City Press that publishes books, as well as provides digital marketing service. The company was formerly known as Salem Communications Corporation and changed its name to Salem Media Group, Inc. in February 2015. The company was founded in 1974 and is based in Irving, Texas.
Contact 6400 North Belt Line Road, Irving, TX, 75063 https://www.salemmedia.com
IPO Date July 1, 1999
Employees 1147
Officers Mr. Allen E. Power President of Broadcast Media Mr. Christopher J. Henderson Executive Vice President of Legal & HR, General Counsel and Secretary Mr. Evan D. Masyr CPA Executive Vice President & Chief Financial Officer Mr. Christopher Gould Senior Vice President of National Program Development & Ministry Relations and GM of Colorado Springs Assets Ms. Angenette Natkowski Director of Sales Mr. Jeff Reisman Senior Vice President of Operations Ms. Linnae Young Executive Vice President of Operations & Revenue Development Mr. Edward G. Atsinger III Executive Chairman of the Board Mr. David P. Santrella Chief Executive Officer Mr. David A. R. Evans Chief Operating Officer