Versant Media Group Inc. Class A Common Stock (VSNT)

Asset Play

FairStock Score: 67/100 — STEADY

Key Financials

Current Price$31.43
Market Cap$4.4B
P/E Ratio5.77
ROE8.06%
Dividend Yield4.01%
SectorCommunication Services

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Mr. Market is offering Versant at $31.06 as of 2026-10-13, a market value of $4.4B. The company owns recognizable media brands like CNBC, USA Network, Golf Channel, E!, SYFY, Fandango, and others, and it produced $2.0B of trailing free cash flow, which FairStock calculates as a 44.6% FCF yield. On paper that is cheap: FairStock P/E 5.70, P/B 0.53, EV/EBITDA 2.14, and Graham Number $84.56, implying a 63.27% margin of safety. It is classified as an ASSET PLAY because it trades at 0.53 times book value. But cheapness must be weighed against decay. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $1.6B and net income was $211.0M, versus revenue of $1.7B and net income of $302.0M in fiscal Q2 2025. In FY2025, revenue was $6.7B and net income was $930.0M, down from FY2024 revenue of $7.1B and net income of $1.4B. This is not a growing franchise. FairStock ROE is 8.06% and ROCE is 5.81%, while the Altman Z-Score of 1.01 flags financial risk and Piotroski is 6/9. Debt/equity of 0.39 is manageable, and the 4.01% dividend yield is attractive if cash flow holds. The brands give some staying power, but distribution is changing and results show pressure. At this price the market is skeptical; the numbers suggest a possible bargain, but the trend says investigate, not celebrate.

In plain English: Versant Media Group owns TV and digital brands such as CNBC, USA Network, and Golf Channel, making money from news, sports, and entertainment content. The business has been shrinking: in fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $1.6B and net income was $211.0M, down from $1.7B and $302.0M in fiscal Q2 2025. The stock price looks low compared with its earnings and accounting value, but falling profits and weak financial-health signals mean it is not an obvious bargain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · fiscal Q1 2025 10-Q (period ended 2025-03-31) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer