Newsmax (NMAX) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Newsmax

NYSE•Communication Services•Broadcasting

$10.71+0.08(0.01%)Pre-market

Market Cap

$1.32B

P/S

6.5x

P/B

11.6x

Newsmax Inc., through its subsidiaries, operates as a television broadcaster and multi-platform content publisher in the United States. It operates through two segments, Broadcasting and Digital. The Broadcasting segment produces and licenses news, business news, and lifestyle content for distribution through cable television systems, direct broadcast satellite operators, and telecommunication companies. This segment also provides programming services through Newsmax and Newsmax2, which offer 24/7 television news and informational programming channels through cable and digital streaming platforms; and World at War that offers 24/7 historical documentaries and movies. The Digital segment offers online advertising services, such as online display, email advertising, other online placements, and print advertisements; subscriptions, including a collection of specialized health and financial newsletters, Newsmax Magazine, and online membership programs; and sells nutraceutical and nonfiction books on political, financial, and health-related topics. Newsmax Inc. was founded in 1998 and is headquartered in Boca Raton, Florida.

How this company scores

WeakMetricSide Score: 35/100

Strongest: Balance Sheet & Red Flags (15/25); weakest: Cash & Earnings Quality (5/25).

Profitability5/25

Growth10/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality5/25

Strengths

Interest easily coveredConsistent growthNet cash positionImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/S · 6.5x5y range 3.4x – 6.5x

P/B · 11.6x5y range 6.2x – 21.1x

Currently near its 6-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

Free cash flow has been negative in 5 of the last 6 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $1.32B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $203.29M
Q. Revenue: $54.12M
TTM EBITDA: $-5.68M
TTM Op. Income: $-15.04M
Q. Op. Income: $1.30M
TTM Net Income: $-6.41M
Q. Net Income: $2.87M
EPS: $0.02
Shares Out.: $128.51M

$203.29M in TTM revenue grew from zero YoY, reaching $54.12M last quarter. TTM EBITDA of $-5.68M and TTM operating income of $-15.04M show growth is flowing through to the bottom line. However, net income is negative at $6.41M — growth is not yet reaching the bottom line. Across the last 6 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 43.1%
EBITDA Margin: 5.2%
Op. Margin: 2.4%
Net Margin: 5.3%

Op. margin of 2.4% is up 166.9% YoY — cost efficiency is improving. Net margin at 5.3% and gross margin of 43.1% show how much of each revenue dollar survives to profit. Across the last 6 quarters, operating margin has risen for 4 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 6.5x
P/B Ratio: 11.6x

P/S of 6.5x and P/B of 11.6x.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $230.28M
Cash: $25.88M
Long-Term Debt: N/A
Book Value: $113.18M
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-123,876
TTM Free Cash Flow: $-71.61M
FCF Margin: -35.2%
FCF / Net Income: 11.2

TTM FCF of $-71.61M on $-123,876 in operating cash flow. The FCF / Net Income ratio of 11.2x means free cash flow covers net income — earnings are backed by cash. Across the last 6 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.