Broadcasting Companies By Roa

Return On Asset
ROAEfficiencyMarket RiskExp Return
1FOXA Fox Corp Class
0.084
 0.14 
 1.55 
 0.21 
2FOX Fox Corp Class
0.084
 0.13 
 1.52 
 0.19 
3NXST Nexstar Broadcasting Group
0.0677
 0.19 
 1.94 
 0.36 
4TSQ Townsquare Media
0.0671
 0.08 
 2.79 
 0.21 
5TGNA Tegna Inc
0.0647
 0.05 
 1.53 
 0.08 
6SBGI Sinclair Broadcast Group
0.057
 0.02 
 2.31 
 0.05 
7AMCX AMC Networks
0.0526
 0.00 
 2.92 
 0.00 
8GTN Gray Television
0.0496
 0.16 
 4.62 
 0.74 
9GTN-A Gray Television
0.0496
 0.14 
 6.29 
 0.91 
10SSP E W Scripps
0.0492
 0.14 
 6.51 
 0.91 
11UONEK Urban One Class
0.0445
 0.07 
 7.16 
 0.51 
12PARA Paramount Global Class
0.0287
 0.20 
 1.22 
 0.24 
13IHRT iHeartMedia Class A
0.0177
 0.27 
 4.18 
 1.12 
14BBGI Beasley Broadcast Group
0.0148
(0.08)
 4.16 
(0.33)
15EVC Entravision Communications
0.0134
 0.14 
 3.25 
 0.44 
16SGA Saga Communications
0.0075
 0.11 
 2.14 
 0.23 
17389375AL0 GRAY TELEVISION INC
0.0
(0.01)
 3.93 
(0.04)
1838937LAB7 US38937LAB71
0.0
 0.00 
 2.70 
 0.01 
1938937LAC5 US38937LAC54
0.0
(0.18)
 1.73 
(0.31)
20NMAX Newsmax,
0.0
(0.11)
 5.42 
(0.60)
The analysis above is based on a 90-day investment horizon and a default level of risk. Use the Portfolio Analyzer to fine-tune all your assumptions. Check your current assumptions here.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time. Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.