Skydance Corp (SKYD) stock analysis

SKYDNYSETelevision Broadcasting StationsFiscal year ends December 31Also trades as SKYD.WT

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 9, 2026Score 5/3033% above fair value

$8.04−0.66 (-7.59%)

Close on Nov 10, 2026Market cap $9.02BP/E –Yield –

StockData Score

Prices as of Nov 11, 2026How the score works

Weak5 of 30 checks passed

Skydance passes 5 of the 30 checks behind our score; 18 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.

Valuation: 1/6
Growth: 1/6
Past performance: 0/6
Financial health: 2/6
Dividend: 1/6

What stands out

Guidance raised
Skydance raised its 2026 adj. EBITDA margin at the midpoint outlook on Aug 4, 2026.
P/B below the industry
Skydance's price-to-book of 0.75 is below the Communications median of 1.59.
Debt falling against equity
Debt to equity fell from 128% five years ago to 126%.
Short-term assets cover short-term debts
Current assets are 1.10 times current liabilities.

What to watch

Margin of safety under 20%
The price is 32.5% above fair value, so there is no margin of safety.
Trading above fair value
The share price of $8.04 is above our fair value estimate of $6.07.
High debt
Debt is 126% of shareholders' equity, above the 40% we consider low.
Elevated bankruptcy risk
The Altman Z-score is 0.15; above 3 is the safe zone and below 1.8 the distress zone.

Valuation1/6

P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/B below the industry
Skydance's price-to-book of 0.75 is below the Communications median of 1.59.
Trading above fair value
The share price of $8.04 is above our fair value estimate of $6.07.
Margin of safety under 20%
The price is 32.5% above fair value, so there is no margin of safety.

Growth1/6

Revenue growth over 3 years
Needs three years of positive revenue.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings acceleration
Needs positive net income now, a year ago and five years ago.
Growth against the industry
Needs revenue for this year and last.
Guidance raised
Skydance raised its 2026 adj. EBITDA margin at the midpoint outlook on Aug 4, 2026.
Gross margin trend
This company does not report gross profit.

Past performance0/6

Return on equity
Needs positive equity and five years of results.
Return on invested capital
Needs operating income and invested capital.
Return on equity against the industry
Needs positive equity.
Earnings over 5 years
Needs positive net income five years ago and in the latest year.
Net margin against its history
Needs five years of revenue and net income.
Net margin against the industry
Needs revenue and net income.

Financial health2/6

High debt
Debt is 126% of shareholders' equity, above the 40% we consider low.
Debt falling against equity
Debt to equity fell from 128% five years ago to 126%.
Debt coverage
Needs operating cash flow.
Interest coverage
Interest expense is not reported separately.
Short-term assets cover short-term debts
Current assets are 1.10 times current liabilities.
Elevated bankruptcy risk
The Altman Z-score is 0.15; above 3 is the safe zone and below 1.8 the distress zone.

Dividend1/6

Pays a dividend
Skydance paid dividends worth 2.5% of the share price over the last twelve months.
Yield below Treasuries
The 2.5% yield is below the 4.4% on a 1-year Treasury.
Yield below the top quarter
The top quarter of US dividend payers yield 3.8% or more; Skydance yields 2.5%.
Dividend was cut
The dividend per share fell by more than 10% at least once in the last 7 fiscal years.
Earnings cover
Needs dividends paid and net income.
Cash-flow cover
Needs dividends paid and free cash flow.

Scores of similar companies

Fair value

How we estimate it

Our estimate per share

$6.07

The share price is 33% above this estimate.

20%+ below

Near fair value

20%+ above

$8.04Price$6.07Fair value

Method	Multiple used	Own 5Y median	Industry median	Value per share	Weight
P/B	1.1×	0.5×	1.6×	$11.34	40%
Earnings power	11.1% cost of equity	–	–	$2.55	60%
Fair value				$6.07	100%

Valuation over time

Using the earnings and balance sheet published at each date, not today's.

P/E at month end
Communications median 14.4

An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.

Market risk

From the past year of daily prices.

Liquidity

Low risk

Average value traded per day: $251.94M
Value traded per 1% price move: $69.79M

Downside

High risk

Typical loss in a bad month: 30.3%
Volatility (annualized): 59%
Sharpe ratio, 1 year: -0.87
Beta to the S&P 500 (5Y): 1.25

Typical bad-month loss, week by week

Margins

Share of revenue, fiscal years 2011 to 2025

Operating margin

–

Net margin

–

Returns and balance sheet

10 fiscal years. Hover a measure to see how it is calculated.

Measure	FY2016	FY2020	FY2025
Return on equity	27.3%	17.0%	–
Return on assets	5.3%	4.7%	–
Current ratio	1.64	1.66	1.26
Debt to equity	2.54	1.28	1.17
Net debt to EBITDA	2.81×	3.67×	–
Interest coverage	7.1×	4.0×	–
Capex to revenue	1.5%	1.3%	–
Diluted shares	448M	618M	–

DuPont analysis

Return on equity split into margin, efficiency and leverage

Net margin-21.2%

Asset turnover0.59×

Equity multiplier2.57×

Return on equity, FY2024-31.9%

Fiscal year	Net margin	Asset turnover	Equity multiplier	Return on equity
FY2024	-21.2%	0.59×	2.57×	-31.9%
FY2023	-2.1%	0.53×	2.46×	-2.7%
FY2022	3.7%	0.52×	2.58×	4.9%
FY2021	15.9%	0.51×	2.95×	24.1%
FY2020	9.6%	0.49×	3.58×	17.0%
FY2019	12.3%	0.57×	3.98×	28.0%
FY2018	13.1%	0.81×	5.26×	55.6%
FY2017	8.7%	1.18×	7.96×	81.9%
FY2016	9.6%	0.55×	5.19×	27.3%

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