Shenandoah Telecommunications Company (SHEN) Financial Ratios
30 years of historical data (1996–2025) · Communication Services · Telecommunications Services
EV/EBITDA
↓
12.77
↓-28% vs avg
5yr avg: 17.73
30Y Low4.7·High60.0
P/FCF
N/A
—
5yr avg: 0.83
30Y Low0.8·High46.3
P/B Ratio
↓
0.81
↓-36% vs avg
5yr avg: 1.25
30Y Low0.7·High5.0
ROE
↓
-4.0%
↑-111% vs avg
5yr avg: 36.6%
30Y Low-4%·High164%
Debt/EBITDA
↑
5.86
↑+40% vs avg
5yr avg: 4.18
30Y Low0.4·High16.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
SHEN Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Shenandoah Telecommunications Company currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $784M | $637M | $677M | $1.1B | $796M | $1.3B | $2.2B | $2.1B | $2.2B | $1.7B | $1.3B |
| Enterprise Value | $1.4B | $1.3B | $1.1B | $1.3B | $882M | $1.3B | $2.7B | $2.7B | $2.9B | $2.4B | $2.1B |
| P/E Ratio → | -19.97 | — | 3.56 | 135.13 | — | 159.38 | 823.81 | 37.15 | 47.58 | 25.41 | — |
| P/S Ratio | 2.19 | 1.78 | 2.06 | 3.82 | 3.20 | 5.21 | 9.80 | 10.08 | 3.51 | 2.76 | 2.49 |
| P/B Ratio | 0.81 | 0.66 | 0.68 | 1.68 | 1.25 | 1.99 | 3.75 | 4.41 | 5.01 | 4.83 | 4.50 |
| P/FCF | — | — | — | — | — | 0.83 | 13.01 | 20.12 | 17.17 | 22.12 | — |
| P/OCF | 9.53 | 7.74 | 10.83 | 9.64 | 10.63 | — | 7.14 | 8.04 | 8.34 | 7.58 | 8.25 |
P/E links to full P/E history page with 30-year chart
SHEN EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Shenandoah Telecommunications Company's enterprise value stands at 12.8x EBITDA, 28% below its 5-year average of 17.7x. The Communication Services sector median is 9.6x, placing the stock at a 33% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.50 | 3.24 | 4.56 | 3.54 | 5.10 | 12.26 | 13.29 | 4.56 | 3.87 | 3.91 |
| EV / EBITDA | 12.77 | 11.42 | 15.22 | 17.30 | 21.19 | 23.52 | 58.28 | 59.95 | 11.08 | 10.53 | 11.57 |
| EV / EBIT | — | — | — | 107.58 | — | 236.81 | — | — | — | 45.33 | 71.66 |
| EV / FCF | — | — | — | — | — | 0.82 | 16.27 | 26.53 | 22.32 | 31.00 | — |
SHEN Profitability
Margins and return-on-capital ratios measuring operating efficiency
Shenandoah Telecommunications Company earns an operating margin of -6.2%, below the Communication Services sector average of 1.6%. Operating margins have compressed from 3.3% to -6.2% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -4.0% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 26.9% | 26.9% | 60.9% | 63.1% | 58.9% | 58.3% | 59.4% | 59.6% | 59.1% | 65.4% | 63.8% |
| Operating Margin | -6.2% | -6.2% | -8.7% | 3.3% | -7.0% | -1.0% | -1.2% | -0.6% | 14.8% | 7.6% | 4.2% |
| Net Profit Margin | -11.0% | -11.0% | 58.0% | 2.8% | -3.4% | 407.3% | 56.9% | 26.8% | 7.4% | 10.8% | -0.2% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -4.0% | -4.0% | 23.0% | 1.2% | -1.3% | 163.8% | 23.9% | 12.1% | 11.8% | 20.6% | -0.3% |
| ROA | -2.2% | -2.2% | 12.9% | 0.7% | -0.9% | 68.5% | 6.2% | 3.2% | 3.2% | 4.6% | -0.1% |
| ROIC | -1.1% | -1.1% | -1.9% | 0.9% | -2.0% | -0.2% | -0.2% | -0.1% | 6.5% | 3.3% | 2.3% |
| ROCE | -1.3% | -1.3% | -2.1% | 1.0% | -2.0% | -0.3% | -0.2% | -0.1% | 7.0% | 3.6% | 2.4% |
SHEN Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Shenandoah Telecommunications Company carries a Debt/EBITDA ratio of 5.9x, which is highly leveraged (62% above the sector average of 3.6x). Net debt stands at $614M ($642M total debt minus $27M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.66 | 0.66 | 0.43 | 0.54 | 0.20 | 0.09 | 1.28 | 1.62 | 1.70 | 2.16 | 2.69 |
| Debt / EBITDA | 5.86 | 5.86 | 6.19 | 4.66 | 3.12 | 1.06 | 15.89 | 16.71 | 2.88 | 3.37 | 4.41 |
| Net Debt / Equity | — | 0.63 | 0.39 | 0.33 | 0.13 | -0.04 | 0.94 | 1.41 | 1.50 | 1.94 | 2.57 |
| Net Debt / EBITDA | 5.61 | 5.61 | 5.53 | 2.82 | 2.06 | -0.52 | 11.69 | 14.49 | 2.56 | 3.02 | 4.21 |
| Debt / FCF | — | — | — | — | — | -0.02 | 3.26 | 6.41 | 5.15 | 8.88 | — |
| Interest Coverage | -0.65 | -0.65 | -1.39 | — | -0.39 | — | — | -0.05 | -0.09 | 1.37 | 1.16 |
SHEN Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.90x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 1.79x to 0.90x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.90 | 0.90 | 0.82 | 1.79 | 1.33 | 2.47 | 1.16 | 1.54 | 2.37 | 1.26 | 0.98 |
| Quick Ratio | 0.90 | 0.90 | 0.82 | 1.79 | 1.33 | 2.47 | 1.16 | 1.54 | 2.31 | 1.22 | 0.75 |
| Cash Ratio | 0.25 | 0.25 | 0.40 | 1.42 | 0.46 | 1.27 | 0.16 | 0.66 | 0.96 | 0.57 | 0.22 |
| Asset Turnover | — | 0.19 | 0.19 | 0.24 | 0.25 | 0.28 | 0.11 | 0.10 | 0.42 | 0.43 | 0.36 |
| Inventory Turnover | — | — | — | — | — | — | — | — | 49.00 | 37.08 | 4.96 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
SHEN Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Shenandoah Telecommunications Company returns 0.8% to shareholders annually primarily through dividends.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.8% | 1.0% | 0.9% | 0.4% | 0.5% | 73.5% | 0.8% | 0.7% | 0.6% | 0.7% | 0.9% |
| Payout Ratio | — | — | 3.0% | 56.3% | — | 94.1% | 13.1% | 25.1% | 27.6% | 18.5% | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | 28.1% | 0.7% | — | 0.6% | 0.1% | 2.7% | 2.1% | 3.9% | — |
| FCF Yield | — | — | — | — | — | 119.9% | 7.7% | 5.0% | 5.8% | 4.5% | — |
| Buyback Yield | 0.0% | 0.0% | 0.3% | 0.1% | 0.0% | 0.1% | 0.1% | 0.3% | 0.1% | 0.3% | 0.4% |
| Total Shareholder Yield | 0.8% | 1.0% | 1.1% | 0.5% | 0.5% | 73.7% | 0.9% | 1.0% | 0.7% | 1.0% | 1.3% |
| Shares Outstanding | — | $55M | $54M | $51M | $50M | $50M | $50M | $50M | $50M | $50M | $49M |
Peer Comparison
Compare SHEN with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 SHENYou | $784M | -20.0 | 12.8 | — | 26.9% | -6.2% | -4.0% | -1.1% | 5.9 |
 LUMN | $8B | -4.7 | 9.8 | 22.8 | 46.5% | -1.5% | — | -0.8% | 6.9 |
 TDS | $4B | -60.0 | 18.6 | 1.5 | -5.0% | -5.0% | -0.1% | -0.5% | 6.7 |
 CABO | $233M | -0.6 | 4.4 | 0.8 | 51.3% | 26.5% | -22.1% | 6.1% | 4.3 |
 WOW | $446M | -7.2 | 6.7 | — | 59.3% | 1.0% | -25.2% | 0.4% | 4.8 |
 ATUS | $539M | -8.6 | 7.7 | 3.6 | — | -1.3% | — | -0.8% | 0.2 |
 CHTR | $16B | 3.5 | 5.1 | 3.6 | 46.3% | 24.3% | 24.8% | 8.6% | 4.4 |
 CSCO | $471B | 46.9 | 33.6 | 35.5 | 64.9% | 20.8% | 22.1% | 13.0% | 1.9 |
 CIEN | $61B | 503.8 | 135.5 | 91.1 | 42.0% | 6.5% | 4.4% | 6.9% | 3.5 |
 COMM | $4B | -10.0 | 18.2 | 15.9 | 31.8% | 7.9% | — | 3.7% | 13.4 |
 VIAV | $11B | 314.5 | 83.7 | 176.0 | 56.8% | 6.5% | 4.8% | 5.5% | 5.2 |
| Communication Services Median | — | 15.3 | 9.6 | 11.4 | 48.5% | 1.6% | 2.0% | 2.6% | 3.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
SHEN — Frequently Asked Questions
Quick answers to the most common questions about buying SHEN stock.
What is Shenandoah Telecommunications Company's P/E ratio?
Shenandoah Telecommunications Company's current P/E ratio is -20.0x. The historical average is 33.3x.
What is Shenandoah Telecommunications Company's EV/EBITDA?
Shenandoah Telecommunications Company's current EV/EBITDA is 12.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.1x.
What is Shenandoah Telecommunications Company's ROE?
Shenandoah Telecommunications Company's return on equity (ROE) is -4.0%. The historical average is 16.9%.
Is SHEN stock overvalued?
Based on historical data, Shenandoah Telecommunications Company is trading at a P/E of -20.0x. Compare with industry peers and growth rates for a complete picture.
What is Shenandoah Telecommunications Company's dividend yield?
Shenandoah Telecommunications Company's current dividend yield is 0.82%.
What are Shenandoah Telecommunications Company's profit margins?
Shenandoah Telecommunications Company has 26.9% gross margin and -6.2% operating margin.
How much debt does Shenandoah Telecommunications Company have?
Shenandoah Telecommunications Company's Debt/EBITDA ratio is 5.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.