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Shenandoah Telecommunications Co/VA/ (SHEN) Fundamental Analysis & AI Grade 2026

SHEN Nasdaq Telephone Communications (No Radiotelephone) VA CIK: 0000354963
Updated This Month • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Grade
D
88% Confidence
N/A
D
88% Conf
Pending
Analysis scheduled

📊 SHEN Key Takeaways

Revenue: $92.2M
Net Margin: -17.1%
Free Cash Flow: $-51.5M
Current Ratio: 1.12x
Debt/Equity: 0.82x
EPS: $-0.31
AI Grade: D with 88% confidence
Shenandoah Telecommunications Co/VA/ (SHEN) receives a D fundamental grade with 88% confidence from our AI analysis based on SEC 10-K filings. With revenue of $92.2M, net profit margin of -17.1%, and return on equity (ROE) of -1.8%, Shenandoah Telecommunications Co/VA/ demonstrates mixed fundamentals in the Telecom sector. Below is our complete SHEN stock analysis for 2026.

Is Shenandoah Telecommunications Co/VA/ (SHEN) a Good Investment?

Claude

Shenandoah Telecommunications is financially distressed despite 9.1% revenue growth, posting significant operating losses (-$10.5M) and negative free cash flow (-$51.5M). The company cannot cover interest expenses from operations (coverage ratio: -1.1x) and is burning cash unsustainably, with negative returns destroying shareholder value.

Shenandoah Telecommunications Co/VA/ Key Strengths (SHEN)

Claude
  • + Revenue growth of 9.1% YoY demonstrates market demand for services
  • + Positive operating cash flow of $24.4M provides near-term liquidity buffer
  • + Moderate leverage with debt-to-equity ratio of 0.82x, not excessive

SHEN Stock Risks: Shenandoah Telecommunications Co/VA/ Investment Risks

Claude
  • ! Severe unprofitability with -17.1% net margin and operating losses; company loses $0.17 per revenue dollar
  • ! Negative free cash flow of -$51.5M indicates unsustainable cash burn and inability to fund operations and debt service
  • ! Negative interest coverage (-1.1x) means operating income cannot service debt; high default risk if liquidity deteriorates
  • ! Returns destroying shareholder value: ROE -1.8% and ROA -0.8% indicate capital is being destroyed

Key Metrics to Watch

Claude
  • * Path to operating profitability and margin recovery trajectory
  • * Free cash flow trend and sustainability of cash burn rate
  • * Interest coverage improvement and debt refinancing requirements

Shenandoah Telecommunications Co/VA/ (SHEN) Financial Metrics & Key Ratios

Revenue
$92.2M
Net Income
$-15.8M
EPS (Diluted)
$-0.31
Free Cash Flow
$-51.5M
Total Assets
$2.0B
Cash Position
$43.8M

💡 AI Analyst Insight

Shenandoah Telecommunications Co/VA/ presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

SHEN Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -11.4%
Net Margin -17.1%
ROE -1.8%
ROA -0.8%
FCF Margin -55.8%

SHEN vs Telecom Sector: How Shenandoah Telecommunications Co/VA/ Compares

How Shenandoah Telecommunications Co/VA/ compares to Telecom sector averages

Net Margin
SHEN -17.1%
vs
Sector Avg 14.0%
SHEN Sector
ROE
SHEN -1.8%
vs
Sector Avg 15.0%
SHEN Sector
Current Ratio
SHEN 1.1x
vs
Sector Avg 1.0x
SHEN Sector
Debt/Equity
SHEN 0.8x
vs
Sector Avg 1.2x
SHEN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Shenandoah Telecommunications Co/VA/ Stock Overvalued? SHEN Valuation Analysis 2026

Based on fundamental analysis, Shenandoah Telecommunications Co/VA/ has mixed fundamental signals relative to the Telecom sector in 2026.

Return on Equity
-1.8%
Sector avg: 15%
Net Profit Margin
-17.1%
Sector avg: 14%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.82x
Sector avg: 1.2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Shenandoah Telecommunications Co/VA/ Balance Sheet: SHEN Debt, Cash & Liquidity

Current Ratio
1.12x
Quick Ratio
1.09x
Debt/Equity
0.82x
Debt/Assets
0.0%
Interest Coverage
-1.11x
Long-term Debt
$707.4M

SHEN Revenue & Earnings Growth: 5-Year Financial Trend

SHEN 5-year financial data: Year 2021: Revenue $245.2M, Net Income $55.5M, EPS $1.11. Year 2022: Revenue $267.4M, Net Income $125.7M, EPS $2.51. Year 2023: Revenue $287.4M, Net Income $998.8M, EPS $19.92. Year 2024: Revenue $328.1M, Net Income -$8.4M, EPS $-0.17. Year 2025: Revenue $357.9M, Net Income $8.0M, EPS $0.16.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Shenandoah Telecommunications Co/VA/'s revenue has grown significantly by 46% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.16 reflects profitable operations.

SHEN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-55.8%
Free cash flow / Revenue

SHEN Quarterly Earnings & Performance

Quarterly financial performance data for Shenandoah Telecommunications Co/VA/ including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $87.9M -$9.1M $-0.19
Q3 2025 $87.6M -$27.6M $-0.13
Q2 2025 $85.8M -$18.2M $-0.19
Q1 2025 $69.2M -$9.1M $-0.19
Q3 2024 $67.4M N/A $0.03
Q2 2024 $66.6M $1.8M $0.04
Q1 2024 $67.2M $2.1M $0.04
Q3 2023 $66.9M $1.6M $0.03

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Shenandoah Telecommunications Co/VA/ Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$24.4M
Cash generated from operations
Capital Expenditures
$75.8M
Investment in assets
Dividends Paid
$6.4M
Returned to shareholders

SHEN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Shenandoah Telecommunications Co/VA/ (CIK: 0000354963)

📋 Recent SEC Filings

Date Form Document Action
May 5, 2026 4 xslF345X06/form4.xml View →
May 5, 2026 4 xslF345X06/form4.xml View →
May 5, 2026 4 xslF345X06/form4.xml View →
May 5, 2026 4 xslF345X06/form4.xml View →
May 5, 2026 4 xslF345X06/form4.xml View →

Frequently Asked Questions about SHEN

What is the AI rating for SHEN?

Shenandoah Telecommunications Co/VA/ (SHEN) has an AI grade of D with 88% confidence, based on fundamental analysis of SEC EDGAR filings.

What are SHEN's key strengths?

Claude: Revenue growth of 9.1% YoY demonstrates market demand for services. Positive operating cash flow of $24.4M provides near-term liquidity buffer.

What are the risks of investing in SHEN?

Claude: Severe unprofitability with -17.1% net margin and operating losses; company loses $0.17 per revenue dollar. Negative free cash flow of -$51.5M indicates unsustainable cash burn and inability to fund operations and debt service.

What is SHEN's revenue and growth?

Shenandoah Telecommunications Co/VA/ reported revenue of $92.2M.

Does SHEN pay dividends?

Shenandoah Telecommunications Co/VA/ pays dividends, with $6.4M distributed to shareholders in the trailing twelve months.

Where can I find SHEN SEC filings?

Official SEC filings for Shenandoah Telecommunications Co/VA/ (CIK: 0000354963) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is SHEN's EPS?

Shenandoah Telecommunications Co/VA/ has a diluted EPS of $-0.31.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is SHEN's fundamental grade?

Based on our AI fundamental analysis in May 2026, Shenandoah Telecommunications Co/VA/ has a D grade with 88% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is SHEN stock overvalued or undervalued?

Valuation metrics for SHEN: ROE of -1.8% (sector avg: 15%), net margin of -17.1% (sector avg: 14%). Compare these metrics with sector averages to assess valuation.

What is SHEN's AI grade for 2026?

Our dual AI analysis gives Shenandoah Telecommunications Co/VA/ a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is SHEN's free cash flow?

Shenandoah Telecommunications Co/VA/'s operating cash flow is $24.4M, with capital expenditures of $75.8M. FCF margin is -55.8%.

How does SHEN compare to other Telecom stocks?

Vs Telecom sector averages: Net margin -17.1% (avg: 14%), ROE -1.8% (avg: 15%), current ratio 1.12 (avg: 1).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI