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Nielsen Holdings

NYSE:NLSN
Snowflake Description

Reasonable growth potential and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NLSN
NYSE
$7B
Market Cap
  1. Home
  2. US
  3. Commercial Services
Company description

Nielsen Holdings plc, together with its subsidiaries, operates as a measurement and data analytics company. The last earnings update was 28 days ago. More info.


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NLSN Share Price and Events
7 Day Returns
-1.8%
NYSE:NLSN
-2.2%
US Professional Services
-1.6%
US Market
1 Year Returns
-28.4%
NYSE:NLSN
21.6%
US Professional Services
13.9%
US Market
NLSN Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Nielsen Holdings (NLSN) -1.8% -6.8% -8.2% -28.4% -53.6% -54.8%
US Professional Services -2.2% 1.3% -1.4% 21.6% 49.7% 69.4%
US Market -1.6% 1% 4.9% 13.9% 36.1% 45.8%
1 Year Return vs Industry and Market
  • NLSN underperformed the Professional Services industry which returned 21.6% over the past year.
  • NLSN underperformed the Market in United States of America which returned 13.9% over the past year.
Price Volatility
NLSN
Industry
5yr Volatility vs Market
Related Companies

NLSN Value

 Is Nielsen Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Nielsen Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Nielsen Holdings.

NYSE:NLSN Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 14 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:NLSN
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
Professional Services Unlevered Beta Simply Wall St/ S&P Global 0.83
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.827 (1 + (1- 21%) (130%))
1.454
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.45
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (1.454 * 5.44%)
9.65%

Discounted Cash Flow Calculation for NYSE:NLSN using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Nielsen Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NYSE:NLSN DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.65%)
2020 676.00 Analyst x5 616.52
2021 855.60 Analyst x5 711.65
2022 984.50 Analyst x2 746.81
2023 954.50 Analyst x2 660.34
2024 940.45 Est @ -1.47% 593.37
2025 935.67 Est @ -0.51% 538.40
2026 937.22 Est @ 0.17% 491.84
2027 943.21 Est @ 0.64% 451.42
2028 952.34 Est @ 0.97% 415.69
2029 963.77 Est @ 1.2% 383.66
Present value of next 10 years cash flows $5,609.00
NYSE:NLSN DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $963.77 × (1 + 1.74%) ÷ (9.65% – 1.74%)
$12,398.59
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $12,398.59 ÷ (1 + 9.65%)10
$4,935.66
NYSE:NLSN Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $5,609.00 + $4,935.66
$10,544.66
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $10,544.66 / 355.81
$29.64
NYSE:NLSN Discount to Share Price
Calculation Result
Value per share (USD) From above. $29.64
Current discount Discount to share price of $19.47
= -1 x ($19.47 - $29.64) / $29.64
34.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Nielsen Holdings is available for.
Intrinsic value
34%
Share price is $19.47 vs Future cash flow value of $29.64
Current Discount Checks
For Nielsen Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Nielsen Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Nielsen Holdings's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Nielsen Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Nielsen Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:NLSN PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-3.54
NYSE:NLSN Share Price ** NYSE (2019-12-04) in USD $19.47
United States of America Professional Services Industry PE Ratio Median Figure of 37 Publicly-Listed Professional Services Companies 19.57x
United States of America Market PE Ratio Median Figure of 2,925 Publicly-Listed Companies 18.13x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Nielsen Holdings.

NYSE:NLSN PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:NLSN Share Price ÷ EPS (both in USD)

= 19.47 ÷ -3.54

-5.5x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nielsen Holdings is loss making, we can't compare its value to the US Professional Services industry average.
  • Nielsen Holdings is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Nielsen Holdings's expected growth come at a high price?
Raw Data
NYSE:NLSN PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.5x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts
51.4%per year
United States of America Professional Services Industry PEG Ratio Median Figure of 31 Publicly-Listed Professional Services Companies 1.97x
United States of America Market PEG Ratio Median Figure of 2,046 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Nielsen Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Nielsen Holdings's assets?
Raw Data
NYSE:NLSN PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $6.06
NYSE:NLSN Share Price * NYSE (2019-12-04) in USD $19.47
United States of America Professional Services Industry PB Ratio Median Figure of 59 Publicly-Listed Professional Services Companies 2.65x
United States of America Market PB Ratio Median Figure of 5,089 Publicly-Listed Companies 1.76x
NYSE:NLSN PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:NLSN Share Price ÷ Book Value per Share (both in USD)

= 19.47 ÷ 6.06

3.21x

* Primary Listing of Nielsen Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nielsen Holdings is overvalued based on assets compared to the US Professional Services industry average.
X
Value checks
We assess Nielsen Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check)
  5. Nielsen Holdings has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NLSN Future Performance

 How is Nielsen Holdings expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
51.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Nielsen Holdings expected to grow at an attractive rate?
  • Nielsen Holdings's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • Nielsen Holdings's earnings growth is expected to exceed the United States of America market average.
  • Nielsen Holdings's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:NLSN Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:NLSN Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 14 Analysts 51.4%
NYSE:NLSN Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 14 Analysts 1.8%
United States of America Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 29.7%
United States of America Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 6.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:NLSN Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:NLSN Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 6,983 1,371 580 1
2022-12-31 6,850 1,319 556 1
2021-12-31 6,726 1,219 503 10
2020-12-31 6,585 1,171 429 14
2019-12-31 6,481 1,056 -220 14
2019-12-05
NYSE:NLSN Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 6,465 1,142 -1,258
2019-06-30 6,449 1,116 -690
2019-03-31 6,468 1,132 -741
2018-12-31 6,515 1,058 -712
2018-09-30 6,618 1,018 321
2018-06-30 6,659 1,169 371
2018-03-31 6,656 1,153 430
2017-12-31 6,572 1,310 429
2017-09-30 6,467 1,347 507
2017-06-30 6,396 1,265 491
2017-03-31 6,348 1,249 473
2016-12-31 6,309 1,296 502

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Nielsen Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Nielsen Holdings's revenue is expected to grow by 1.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:NLSN Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below

All data from Nielsen Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:NLSN Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 1.29 1.82 1.01 5.00
2020-12-31 1.13 1.56 1.00 8.00
2019-12-31 -0.62 -0.46 -0.69 5.00
2019-12-05
NYSE:NLSN Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -3.54
2019-06-30 -1.94
2019-03-31 -2.09
2018-12-31 -2.00
2018-09-30 0.90
2018-06-30 1.04
2018-03-31 1.21
2017-12-31 1.20
2017-09-30 1.42
2017-06-30 1.37
2017-03-31 1.32
2016-12-31 1.40

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Nielsen Holdings is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Nielsen Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Nielsen Holdings has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NLSN Past Performance

  How has Nielsen Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Nielsen Holdings's growth in the last year to its industry (Professional Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Nielsen Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Nielsen Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Nielsen Holdings's 1-year growth to the US Professional Services industry average as it is not currently profitable.
Earnings and Revenue History
Nielsen Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Nielsen Holdings Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:NLSN Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 6,465.00 -1,258.00 1,937.00
2019-06-30 6,449.00 -690.00 1,934.00
2019-03-31 6,468.00 -741.00 1,945.00
2018-12-31 6,515.00 -712.00 1,958.00
2018-09-30 6,618.00 321.00 1,932.00
2018-06-30 6,659.00 371.00 1,924.00
2018-03-31 6,656.00 430.00 1,902.00
2017-12-31 6,572.00 429.00 1,878.00
2017-09-30 6,467.00 507.00 1,857.00
2017-06-30 6,396.00 491.00 1,853.00
2017-03-31 6,348.00 473.00 1,855.00
2016-12-31 6,309.00 502.00 1,877.00
2016-09-30 6,277.00 594.00 1,901.00
2016-06-30 6,238.00 606.00 1,908.00
2016-03-31 6,201.00 607.00 1,899.00
2015-12-31 6,172.00 570.00 1,915.00
2015-09-30 6,181.00 480.00 1,883.00
2015-06-30 6,222.00 429.00 1,892.00
2015-03-31 6,257.00 389.00 1,909.00
2014-12-31 6,288.00 384.00 1,917.00
2014-09-30 6,266.00 382.00 1,943.00
2014-06-30 6,081.00 425.00 1,904.00
2014-03-31 5,873.00 470.00 1,844.00
2013-12-31 5,703.00 435.00 1,796.00
2013-09-30 5,533.00 322.00 1,712.00
2013-06-30 5,497.00 273.00 1,712.00
2013-03-31 5,453.00 255.00 1,718.00
2012-12-31 5,407.00 243.00 1,715.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Nielsen Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Nielsen Holdings has efficiently used its assets last year compared to the US Professional Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Nielsen Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Nielsen Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Nielsen Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

NLSN Health

 How is Nielsen Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Nielsen Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Nielsen Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Nielsen Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Nielsen Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Nielsen Holdings Company Filings, last reported 2 months ago.

NYSE:NLSN Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 2,353.00 8,379.00 389.00
2019-06-30 2,988.00 8,516.00 393.00
2019-03-31 2,989.00 8,464.00 404.00
2018-12-31 3,043.00 8,229.00 527.00
2018-09-30 4,215.00 8,611.00 451.00
2018-06-30 4,245.00 8,664.00 399.00
2018-03-31 4,458.00 8,646.00 462.00
2017-12-31 4,443.00 8,441.00 656.00
2017-09-30 4,460.00 8,447.00 662.00
2017-06-30 4,391.00 8,527.00 510.00
2017-03-31 4,317.00 8,418.00 451.00
2016-12-31 4,293.00 7,931.00 754.00
2016-09-30 4,435.00 7,969.00 446.00
2016-06-30 4,468.00 8,026.00 346.00
2016-03-31 4,712.00 7,674.00 432.00
2015-12-31 4,627.00 7,344.00 357.00
2015-09-30 4,498.00 7,344.00 358.00
2015-06-30 4,752.00 7,482.00 331.00
2015-03-31 4,843.00 7,357.00 343.00
2014-12-31 5,133.00 6,818.00 273.00
2014-09-30 5,700.00 6,627.00 369.00
2014-06-30 5,844.00 6,703.00 310.00
2014-03-31 5,797.00 6,658.00 301.00
2013-12-31 5,807.00 6,650.00 564.00
2013-09-30 5,712.00 6,895.00 737.00
2013-06-30 5,580.00 6,264.00 1,157.00
2013-03-31 5,248.00 6,338.00 233.00
2012-12-31 4,978.00 6,606.00 288.00
  • Nielsen Holdings's level of debt (356.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (116.4% vs 356.1% today).
  • Debt is not well covered by operating cash flow (13.6%, less than 20% of total debt).
  • Nielsen Holdings is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Nielsen Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Nielsen Holdings has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NLSN Dividends

 What is Nielsen Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.23%
Current annual income from Nielsen Holdings dividends. Estimated to be 4.73% next year.
If you bought $2,000 of Nielsen Holdings shares you are expected to receive $25 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Nielsen Holdings's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.44%).
  • Nielsen Holdings's dividend is below the markets top 25% of dividend payers in United States of America (3.72%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:NLSN Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 14 Analyst Estimates (S&P Global) See Below
United States of America Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 18 Stocks 1.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1957 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:NLSN Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.80 7.00
2020-12-31 0.71 8.00
2019-12-31 1.24 8.00
2019-12-05
NYSE:NLSN Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-11-07 0.240 1.197
2019-04-22 1.400 6.294
2019-02-22 1.400 5.337
2018-10-19 1.400 5.482
2018-07-20 1.400 5.399
2018-04-19 1.400 4.521
2018-02-22 1.360 4.163
2017-10-19 1.360 3.715
2017-07-20 1.360 3.368
2017-04-25 1.360 3.494
2016-10-20 1.240 2.882
2016-07-22 1.240 2.337
2016-04-20 1.240 2.345
2016-02-18 1.120 2.173
2015-10-29 1.120 2.412
2015-10-21 1.120 2.348
2015-07-28 1.120 2.403
2015-02-19 1.000 2.222
2014-10-30 1.000 2.306
2014-07-24 1.000 2.221
2014-05-01 1.000 2.094
2014-02-20 0.800 1.773
2013-10-22 0.800 1.869
2013-07-30 0.800 2.273
2013-05-02 0.640 1.864
2013-04-25 0.640 1.839
2013-02-22 0.640 1.851
2013-02-11 0.640 1.962

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nielsen Holdings has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Nielsen Holdings has only been paying a dividend for 7 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Nielsen Holdings's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3x coverage).
X
Income/ dividend checks
We assess Nielsen Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Nielsen Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Nielsen Holdings has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NLSN Management

 What is the CEO of Nielsen Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
David Kenny
COMPENSATION $19,804,677
AGE 57
TENURE AS CEO 1 years
CEO Bio

Mr. David W. Kenny has been the Director and Chief Executive Officer at Nielsen Holdings PLC since December 3, 2018 and its Chief Diversity Officer since February 2019. He served as Senior Vice President of Cognitive Solutions at International Business Machines Corporation since August 2018 until December 3, 2018. Mr. Kenny had been Senior Vice President of IBM Watson & Cloud Platform of International Business Machines Corporation from January 13, 2017 to August 2018. Mr. Kenny served as General Manager of IBM Watson and was responsible for the Watson platform, its global ecosystem of business partners and developers and emerging solutions. Prior to joining IBM, he served as Chairman and Chief Executive Officer of The Weather Company (Weather), where he oversaw the company’s portfolio of consumer and business-to-business weather brands and businesses including The Weather Channel, weather.com, wunderground.com and WSI. He served as President of Akamai, the leading cloud platform designed to help enterprises provide secure, high-performing user experiences to mobile and fixed Internet users. Previously, he was a Managing Partner of VivaKi, the combined worldwide media and digital arm of Publicis Groupe. He was a Co-Founder, Chairman and Chief Executive Officer at Digitas Inc., a top global integrated brand agency. He serves as a Director of Best Buy. He serves as a Director of Teach for America, a nonprofit that enlists recent graduates to teach and to effect change in under-resourced and low-income communities. Mr. Kenny holds an MBA from the Harvard School of Business and a Bachelor's Degree from the GM Institute (now Kettering University).

CEO Compensation
  • Insufficient data for David to compare compensation growth.
  • David's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Nielsen Holdings management team in years:

1
Average Tenure
56
Average Age
  • The average tenure for the Nielsen Holdings management team is less than 2 years, this suggests a new team.
Management Team

Jim Attwood

TITLE
Executive Chairman
COMPENSATION
$390K
AGE
61

David Kenny

TITLE
CEO, Chief Diversity Officer & Director
COMPENSATION
$20M
AGE
57
TENURE
1 yrs

Dave Anderson

TITLE
CFO & COO
COMPENSATION
$3M
AGE
70
TENURE
1.3 yrs

John Tavolieri

TITLE
Chief Product & Technology Officer of Nielsen Global Connect
COMPENSATION
$4M
AGE
50
TENURE
0.9 yrs

Sara Gubins

TITLE
Senior Vice President of Investor Relations

George Callard

TITLE
Chief Legal & Corporate Affairs Officer
AGE
55
TENURE
0.9 yrs

Emily Epstein

TITLE
Senior VP

Laura Nelson

TITLE
Chief Communications Officer
TENURE
5.8 yrs

Michael Alicea

TITLE
Chief Human Resources Officer
AGE
52

Howard Lander

TITLE
Chief Operating Officer of Vnu Business Media (USA)
Board of Directors Tenure

Average tenure and age of the Nielsen Holdings board of directors in years:

4.9
Average Tenure
67
Average Age
  • The tenure for the Nielsen Holdings board of directors is about average.
Board of Directors

Jim Attwood

TITLE
Executive Chairman
COMPENSATION
$390K
AGE
61
TENURE
3.9 yrs

David Kenny

TITLE
CEO, Chief Diversity Officer & Director
COMPENSATION
$20M
AGE
57
TENURE
1 yrs

Mick Den Boogert

TITLE
Vice Chairman of Stichting VNU and Secretary of Stichting VNU
AGE
75

P. Van Dun

TITLE
Chairman of VNU BV
COMPENSATION
$9K
AGE
81

Peter Kalff

TITLE
Chairman of Stichting VNU
AGE
82

Bob Pozen

TITLE
Independent Director
COMPENSATION
$255K
AGE
72
TENURE
9.6 yrs

Karen Hoguet

TITLE
Independent Director
COMPENSATION
$265K
AGE
62
TENURE
9.1 yrs

Harish Manwani

TITLE
Independent Director
COMPENSATION
$260K
AGE
66
TENURE
4.9 yrs

Javier Garcia Teruel Herroz

TITLE
Director
COMPENSATION
$240K
AGE
68
TENURE
9.3 yrs

Lauren Zalaznick

TITLE
Independent Director
COMPENSATION
$240K
AGE
56
TENURE
3.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Nielsen Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Nielsen Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NLSN News

Simply Wall St News

Is There Now An Opportunity In Nielsen Holdings plc (NYSE:NLSN)?

Nielsen Holdings plc (NYSE:NLSN), which is in the professional services business, and is based in United States, saw significant share price movement during recent months on the NYSE, rising to highs of $23.8 and falling to the lows of $20.02. … Great news for investors – Nielsen Holdings is still trading at a fairly cheap price. … What’s more interesting is that, Nielsen Holdings’s share price is theoretically quite stable, which could mean two things: firstly, it may take the share price a while to move to its intrinsic value, and secondly, there may be less chances to buy low in the future once it reaches that value.

Simply Wall St -

Don't Buy Nielsen Holdings plc (NYSE:NLSN) For Its Next Dividend Without Doing These Checks

As a result, readers should always check whether Nielsen Holdings has been able to grow its dividends, or if the dividend might be cut. … Check out our latest analysis for Nielsen Holdings Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. … Nielsen Holdings reported a loss after tax last year, which means it's paying a dividend despite being unprofitable.

Simply Wall St -

Have Insiders Been Selling Nielsen Holdings plc (NYSE:NLSN) Shares This Year?

For example, a Harvard University study found that 'insider purchases earn abnormal returns of more than 6% per year.' Check out our latest analysis for Nielsen Holdings Nielsen Holdings Insider Transactions Over The Last Year The insider, Jeffrey Charlton, made the biggest insider sale in the last 12 months. … NYSE:NLSN Recent Insider Trading, August 13th 2019 Insider Ownership Many investors like to check how much of a company is owned by insiders. … Our data indicates that Nielsen Holdings insiders own about US$7.2m worth of shares (which is 0.1% of the company).

Simply Wall St -

Should Nielsen Holdings plc (NYSE:NLSN) Be Part Of Your Income Portfolio?

Is Nielsen Holdings plc (NYSE:NLSN) a good dividend stock? … With a goodly-sized dividend yield despite a relatively short payment history, investors might be wondering if Nielsen Holdings is a new dividend aristocrat in the making. … Dividend Growth Potential The other half of the dividend investing equation is evaluating whether earnings per share (EPS) are growing. Growing EPS can help maintain or increase the purchasing power of the dividend over the long run. Over the past five years, it looks as though Nielsen Holdings's EPS have declined at around 24% a year. If earnings continue to decline, the dividend may come under pressure. Every investor should make an assessment of whether the company is taking steps to stabilise the situation. Conclusion Dividend investors should always want to know if a) a company's dividends are affordable, b) if there is a track record of consistent payments, and c) if the dividend is capable of growing.

Simply Wall St -

Is Nielsen Holdings (NYSE:NLSN) Using Too Much Debt?

Either way, since Nielsen Holdings does have more debt than cash, it's worth keeping an eye on its balance sheet. … Over the most recent three years, Nielsen Holdings recorded free cash flow worth 58% of its EBIT, which is around normal, given free cash flow excludes interest and tax. … If you're interested in investing in businesses that can grow profits without the burden of debt, then check out this free list of growing businesses that have net cash on the balance sheet.

Simply Wall St -

If You Had Bought Nielsen Holdings (NYSE:NLSN) Stock Three Years Ago, You'd Be Sitting On A 57% Loss, Today

Over the three years that the share price declined, Nielsen Holdings's earnings per share (EPS) dropped significantly, falling to a loss. … As it happens, Nielsen Holdings's TSR for the last 3 years was -51%, which exceeds the share price return mentioned earlier. … Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround.

Simply Wall St -

Estimating The Intrinsic Value Of Nielsen Holdings plc (NYSE:NLSN)

We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. … Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today's value: 10-year free cash flow (FCF) estimate 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Levered FCF ($, Millions) $551.00 $670.17 $738.50 $1.23k $1.13k $1.07k $1.03k $1.02k $1.02k $1.03k Growth Rate Estimate Source Analyst x5 Analyst x6 Analyst x2 Analyst x1 Analyst x1 Est @ -5.31% Est @ -2.9% Est @ -1.21% Est @ -0.03% Est @ 0.8% Present Value ($, Millions) Discounted @ 12.06% $491.71 $533.70 $524.83 $778.80 $636.70 $538.00 $466.18 $410.98 $366.65 $329.81 Present Value of 10-year Cash Flow (PVCF)= $5.08b "Est" = FCF growth rate estimated by Simply Wall St We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. … Terminal Value (TV) = FCF2029 × (1 + g) ÷ (r – g) = US$1.0b × (1 + 2.7%) ÷ (12.1% – 2.7%) = US$11b Present Value of Terminal Value (PVTV) = TV / (1 + r)10 = $US$11b ÷ ( 1 + 12.1%)10 = $3.63b The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is $8.71b.

Simply Wall St -

Are Insiders Selling Nielsen Holdings plc (NYSE:NLSN) Stock?

The Last 12 Months Of Insider Transactions At Nielsen Holdings. … That means that an insider was selling shares at around the current price of US$24.45 … We generally don't like to see insider selling, but the lower the sale price, the more it concerns us

Simply Wall St -

Is Nielsen Holdings plc (NYSE:NLSN) Undervalued After Accounting For Its Future Growth?

Nielsen Holdings plc (NYSE:NLSN) closed yesterday at $25.87, which left some investors asking whether the high earnings potential can still be justified at this price. … View our latest analysis for Nielsen Holdings? … Nielsen Holdings is poised for extremely high earnings growth in the near future

Simply Wall St -

Here's What Nielsen Holdings plc's (NYSE:NLSN) P/E Is Telling Us

To keep it practical, we'll show how Nielsen Holdings plc's (NYSE:NLSN) P/E ratio could help you assess the value on offer. … Nielsen Holdings has a price to earnings ratio of 28.96, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

NLSN Company Info

Description

Nielsen Holdings plc, together with its subsidiaries, operates as a measurement and data analytics company. It operates in two segments, Buy and Watch. The Buy segment provides retail transactional measurement data, consumer behavior information, and analytics primarily to businesses in the consumer packaged goods industry. This segment offers data on retail measurement services, such as market share, competitive sales volumes, and insights into activities, such as distribution, pricing, merchandising, and promotion; consumer panel measurement, which offers insight into shopper behavior comprising trial and repeat purchase for new products, brand or retailer loyalty, and customer segmentation; and consumer intelligence and analytical services that help clients in taking business decisions in product development and marketing cycles. The Watch segment provides viewership and listening data, and analytics principally to the media and advertising industries covering television, radio, print, online, digital, mobile viewing, and listening platforms. This segment offers television audience measurement services; audio audience measurement services; digital audience measurement services, such as digital media and market research, audience analytics, and social media measurement; mobile measurement services comprising measurement and consumer research for telecom and media companies; and total audience measurement services. Nielsen Holdings plc provides media and marketing information, analytics, and manufacturer and retailer expertise about what and where consumers buy, read, watch, and listen. The company has a strategic partnership with Quotient Technology to create new industry omni-channel data sets. The company was formerly known as Nielsen N.V. and changed its name to Nielsen Holdings plc in August 2015. Nielsen Holdings plc was founded in 1923 and is headquartered in New York, New York.

Details
Name: Nielsen Holdings plc
NLSN
Exchange: NYSE
Founded: 1923
$6,938,300,089
355,810,261
Website: http://www.nielsen.com
Address: Nielsen Holdings plc
85 Broad Street,
New York,
New York, 10004,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE NLSN New Common Stock New York Stock Exchange US USD 26. Jan 2011
DB NHL New Common Stock Deutsche Boerse AG DE EUR 26. Jan 2011
LSE 0XI7 New Common Stock London Stock Exchange GB USD 26. Jan 2011
BMV NLSN N New Common Stock Bolsa Mexicana de Valores MX MXN 26. Jan 2011
Number of employees
Current staff
Staff numbers
46,000
Nielsen Holdings employees.
Industry
Research and Consulting Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/05 00:22
End of day share price update: 2019/12/04 00:00
Last estimates confirmation: 2019/12/03
Last earnings filing: 2019/11/07
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.