SiriusXM Holdings Inc. (SIRI)
UndervaluedFundamental
74
Price
$25.56
Market Cap
$8.72B
Part 1 · What the company is worth
Overview
Sirius XM Holdings Inc. operates as an audio entertainment company in North America. It operates through two segments, Sirius XM, and Pandora and Off-platform. The Sirius XM segment provides music, sports, entertainment, comedy, and talk and news channels, as well as podcast and infotainment services on subscription fee basis; and live, curated, and exclusive and on demand programming services through satellite radio systems and streamed through applications for mobile and home devices, and other consumer electronic equipment. This segment also distributes satellite radios through automakers and retailers, as well as its website; offers advertising other ancillary services; sells radios and accessories; and offers location-based services through two-way wireless connectivity, including safety, security, convenience, maintenance and data, remote vehicles diagnostic, and stolen or parked vehicle locator services, as well as data services related to graphical weather and fuel prices. In addition, this segment provides music channels on the DISH Network satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; graphic information related to road closings, traffic flow, and incident data for consumers with in-vehicle navigation systems; real-time weather services in vehicles, boats, and planes; music programming and commercial-free music services for office, restaurants, and other business; and wireless communications service. The Pandora and Off-platform segment operates music, comedy, and podcast streaming platform, which offers personalized experience for listener through mobile devices, vehicle speakers, and connected devices; and provides advertising services. The company was incorporated in 2013 and is headquartered in New York, New York.
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Direct competitors
Who this company fights with for the same customers
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No competitor list for this company yet.
Balance Sheet & Liquidity
Revenue
$8.60B
Trailing 12 months (through 6/30/2026)
Net Income
$880M
Trailing 12 months (through 6/30/2026)
Free Cash Flow
$1.24B
Total Equity
$11.56B
Total Liabilities
$15.67B
Current Ratio
0.46
Interest Coverage
3.66
Debt/EBITDA
4.99
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$70.04
Current Price
$25.56
Margin of Safety
+63.5%
Fair Value Range
$45.53 - $94.55
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
10.39
ROE
7.0%
P/B Ratio
0.73
P/FCF
5.63
Gross Margin
52.8%
ROIC
5.3%
Profitability Radar
Value Creation (Economic Moat)
ROIC
5.3%
WACC
6.8%
ROIC − WACC
-1.6 pp
ROIC is below the cost of capital — the company is destroying value for every dollar invested.
Fundamental Analysis Criteria
Passed (18)
- EPS shows upward trend
- ROIC 5.3%
- Gross Margin 52.8%
- P/FCF 5.63
- P/B Ratio 0.73
- Debt/Equity ratio
- Operating Margin 19.1%
- Positive Free Cash Flow
- Interest Coverage
- Debt/EBITDA
- Return on Tangible Assets
- Price below Graham Number
- DCF valuation (Undervalued)
- ROE 7.5%
- PEG Ratio 0.20
- Earnings Quality (OCF/NI) 2.39
- Net Margin Trend 10.2% vs -20.5%
- Piotroski F-Score 5/9
Failed (8)
- Price CAGR -5.13%
- CapEx intensity
- Current Ratio
- Low reliance on intangibles
- Revenue Growth 5Y 1.3%
- Analyst Consensus 19% Buy
- Earnings Surprise avg -19.1%
- Share Dilution 33.1%
Unavailable (1)
- Dividend Payout NaN%
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Issuing new shares, diluting ownership
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Ms. Jennifer C. Witz | CEO & Director | 56 |
| Mr. Scott A. Greenstein | President & Chief Content Officer | 65 |
| Mr. Zachary James Coughlin | CFO & Executive VP | 49 |
| Ms. Faye Tylee | Chief People & Administrative Officer | - |
| Ms. Jennifer DiGrazia | Senior VP & Head of Investor Relations | - |
| Ms. Eve Konstan J.D. | Executive VP, Chief Legal Officer & Secretary | 56 |
| Ms. Ruth A. Ziegler | Senior VP & Deputy General Counsel | - |
| Mr. John H. Schultz | Senior VP, Human Resources | - |
| Mr. Richard Beatty | Senior VP & Chief Subscription Revenue Officer | - |
| Andrew Moss | Senior Vice President of Business Affairs & Programming Operations | - |
Audit Risk
4
Board Risk
5
Compensation Risk
4
Shareholder Rights Risk
7
Part 2 · The price and when to enter
This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-02-05
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-07-30
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-07-30
via SEC EDGAR
Income History
via SEC EDGAR
Latest News
Recent headlines for SIRI, sourced from Markets Gazette.
- 27d agoPOSITIVESirius XM’s Newest Bull Sees 50% Upside on YouTube, Amazon Pacts
Deutsche Bank has upgraded Sirius XM Holdings Inc. to 'buy' from 'hold', citing significant upside potential driven by underappreciated partnerships with tech giants YouTube and Amazon. The analyst believes these collaborations could unlock substantial growth, potentially leading to a 50% increase in the stock price. This optimistic outlook suggests that the market may be undervaluing the strategic importance of these alliances, offering investors a compelling opportunity for capital appreciation. The upgrade reflects renewed confidence in Sirius XM's future revenue streams and market positioning.
- 3/4/2026POSITIVEWoodson Capital Loads Up On Sirius XM Stock, Buying 1.2 Million Shares
Woodson Capital has significantly increased its stake in Sirius XM Holdings Inc., acquiring 1.2 million shares. This substantial purchase by an institutional investor signals strong conviction in the company's future potential. Sirius XM, which provides subscription satellite radio and digital audio services across the U.S., may benefit from this vote of confidence, potentially leading to increased analyst attention and a re-evaluation of the stock. For investors, Woodson Capital's move suggests Sirius XM may be undervalued or poised for significant growth.
- 3/2/2026NEUTRALCould Buying Sirius XM Stock Today Set You Up for Life?
The Markets Gazette notes the perennial investor quest for stocks capable of delivering life-changing returns. A recent headline brought Sirius XM Holdings Inc. into focus, posing the question of whether acquiring its shares today could secure such an outcome. However, the article in question offers only a speculative reflection, devoid of specific financial data, corporate news, or fundamental analysis to substantiate such a forecast. Investors are therefore advised to conduct thorough due diligence, relying on financial statements, growth prospects, and market analysis, rather than rhetorical inquiries.
- 2/26/2026POSITIVEWhat to Know Before Buying Sirius XM in 2026
Ordinary investors' interest in Sirius XM may be piqued by the significant equity stake held by Berkshire Hathaway. The presence of an investment giant like Warren Buffett's firm in the capital of Sirius XM, a leader in audio entertainment and satellite radio, is often interpreted as a strong signal of confidence in the stock's future prospects. This move suggests that Berkshire Hathaway sees long-term value in Sirius XM, potentially due to its consolidated market position or future growth opportunities in the evolving media landscape. Investors might consider this information a positive factor in their analysis of the stock.
via Markets Gazette