Added to YB: 2026-07-24
Pitch date: 2026-07-22
NYT [bullish]
The New York Times Company
-2.91%
current return
Author Info
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Company Info
The New York Times Company, together with its subsidiaries, creates, collects, and distributes news and information worldwide.
Market Cap
$12.1B
Pitch Price
$72.27
Price Target
N/A
Dividend
1.23%
EV/EBITDA
19.98
P/E
32.05
EV/Sales
3.82
Sector
Media
Category
growth
New York Times Group (NYT).
NYT (new position): Rare successful legacy-media digital pivot. 13.1mn subs (target 15mn by 2027), 70% subscription rev (~55% digital), 5yr digital sub CAGR 15.5%. Bundle (News, Games/Wordle, Cooking, Athletic, Wirecutter). 10yr op profit CAGR 16.2% vs 7% rev on operating leverage. ~17% ROE/ROIC, no debt, $600mn cash, returns 50% FCF. FY25 FCF $550mn. At $75, ~23x FY27 P/E; DCF fair value $72. Est 10% CAGR return. Risks: sub-growth slowdown, ad competition from Meta/Google, GenAI, Sulzberger 94% voting control. Nominal 1% stake, add at $62. Berkshire owns 9.4%.
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