Intangible Valuation
Value, contrarian, coat tail rider, idiosyncratic research

Beasley Broadcast Group: A Stable 16% Free-Cash-Flow Yield

Founded in 1961, Beasley Broadcast Group (NASDAQ:BBGI) is a radio broadcasting company that owns and operates 43 radio stations (27 FM and 16 AM) located in eleven markets throughout the United States. Beasley reaches 6.4 million people per week and produces strong, predictable cash flow, which has averaged $18.4 million per year over the last 10 years. With a current market capitalization of $112 million, Beasley offers shareholders a 16.4% free-cash-flow yield -- double the DJIA average of 7.3%. The yield is greater than 93.2% of S&P 500 companies. If Beasley is able to maintain its cash generating abilities going forward, then the company offers a satisfactory yield for a long-term investor.

Below is a snapshot of the...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
PRO Top long ideas returned 21.7% in 2016**
"As a PRO member, we get uniquely valuable perspective that go beyond our quantiative analysis... We rely on PRO to get beyond the numbers quickly and add much needed perspective. It keeps me ahead of the next big thing. - Mark Choate, Malaga Cove Capital"
Mark Choate, Malaga Cove Capital
"Contributors (writers and commentators), often have a long history in the secuirities they opine on and some are clearly well positioned industry participants with detailed industry views that can help provide color on where the skeletons are buried in a particular secuirity and/or industry."
Jim Roumell, Roumell Asset Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details