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Australian (ASX) Entertainment Industry Analysis

UpdatedMay 02, 2024
DataAggregated Company Financials
Companies5
  • 7D-3.5%
  • 3M-3.4%
  • 1Y5.5%
  • YTD0.9%

The Entertainment is pretty flat in the last 7 days, but Mighty Kingdom has stood out, gaining 50%. As for the the longer term, the industry is up 7.7% over the past 12 months. Looking forward, earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

Has the Australian Entertainment Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 02 May 2024AU$2.4bAU$1.4bAU$32.3m46.1x73.8x1.7x
Sat, 30 Mar 2024AU$2.6bAU$1.4bAU$38.3m51.6x66.6x1.9x
Mon, 26 Feb 2024AU$2.4bAU$1.4bAU$30.7m44.8x76.9x1.7x
Wed, 24 Jan 2024AU$2.5bAU$1.4bAU$88.7m19.3x28.5x1.8x
Fri, 22 Dec 2023AU$2.4bAU$1.4bAU$88.7m18.4x27.1x1.7x
Sun, 19 Nov 2023AU$2.2bAU$1.4bAU$88.7m16.7x24.5x1.6x
Tue, 17 Oct 2023AU$2.1bAU$1.4bAU$88.7m16.4x24x1.5x
Thu, 14 Sep 2023AU$2.3bAU$1.4bAU$85.7m17.7x26.7x1.6x
Sat, 12 Aug 2023AU$2.4bAU$1.3bAU$106.0m14.2x22.6x1.8x
Mon, 10 Jul 2023AU$2.2bAU$1.3bAU$106.1m13.8x21.1x1.7x
Wed, 07 Jun 2023AU$2.3bAU$1.3bAU$106.1m14.2x22.1x1.8x
Fri, 05 May 2023AU$2.4bAU$1.3bAU$106.1m14.2x22.2x1.8x
Sun, 02 Apr 2023AU$2.4bAU$1.3bAU$109.0m14.3x21.7x1.8x
Tue, 28 Feb 2023AU$2.5bAU$1.3bAU$115.0m18.2x21.9x2x
Thu, 26 Jan 2023AU$2.7bAU$1.0bAU$50.0m32.1x54.2x2.6x
Sat, 24 Dec 2022AU$2.6bAU$1.0bAU$49.8m33.6x52.4x2.5x
Mon, 21 Nov 2022AU$2.7bAU$1.0bAU$49.8m31x55.1x2.6x
Wed, 19 Oct 2022AU$2.7bAU$1.0bAU$49.7m27.8x53.7x2.6x
Fri, 16 Sep 2022AU$2.6bAU$1.0bAU$49.8m35.4x52.7x2.5x
Sun, 14 Aug 2022AU$2.9bAU$832.2mAU$23.6m22.5x122.8x3.5x
Tue, 12 Jul 2022AU$2.7bAU$832.2mAU$23.6m24x113.6x3.2x
Thu, 09 Jun 2022AU$2.9bAU$832.2mAU$23.7m22.9x120.8x3.4x
Sat, 07 May 2022AU$2.9bAU$832.2mAU$23.6m20.8x122x3.5x
Mon, 04 Apr 2022AU$3.0bAU$832.2mAU$24.1m21.4x124.1x3.6x
Wed, 02 Mar 2022AU$3.1bAU$849.7mAU$26.4m36.7x118.8x3.7x
Fri, 28 Jan 2022AU$2.7bAU$707.4m-AU$67,664,918.0032.4x-40.2x3.8x
Sun, 26 Dec 2021AU$3.1bAU$707.4m-AU$67,648,794.0031.9x-45.2x4.3x
Tue, 23 Nov 2021AU$3.1bAU$704.1m-AU$60,493,135.0043.1x-51.7x4.4x
Thu, 21 Oct 2021AU$3.0bAU$704.5m-AU$60,433,078.0047.8x-49.6x4.3x
Sat, 18 Sep 2021AU$2.8bAU$705.1m-AU$60,725,206.0041.5x-46x4x
Mon, 16 Aug 2021AU$2.4bAU$705.1m-AU$60,667,489.1131.9x-40x3.4x
Mon, 31 May 2021AU$2.5bAU$681.4m-AU$131,391,222.30186x-18.7x3.6x
Price to Earnings Ratio

-18.6x


Total Market Cap: AU$2.4bTotal Earnings: -AU$131,391,222.30Total Revenue: AU$681.4mTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Entertainment Industry Price to Earnings3Y Average 33x202220232024
Current Industry PE
  • Investors are optimistic on the Australian Entertainment industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 75.7x which is higher than its 3-year average PE of 33.0x.
  • The 3-year average PS ratio of 2.8x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • Total earnings for the Entertainment industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 26% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Trends

Which industries have driven the changes within the Australian Telecom industry?

AU Market-1.54%
Telecom-0.99%
Entertainment-3.48%
Movies and Entertainment-3.21%
Interactive Home Entertainment-4.88%
Industry PE
  • Investors are most optimistic about the Movies and Entertainment industry which is trading above its 3-year average PE ratio of 11.1x.
    • Analysts are expecting annual earnings growth of 31.2%, which is higher than its past year's earnings growth of 2.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Movies and Entertainment industry, expecting annual earnings growth of 31% over the next 5 years.
  • This is better than its past earnings growth rate of 2.9% per year.
  • In contrast, the Interactive Home Entertainment industry is expected to see its earnings grow by 23% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
MKL Mighty KingdomAU$0.00650.0%
+AU$5.7m
-81.3%PS1.8x
SW1 Swift Networks GroupAU$0.02116.7%
+AU$1.9m
75.0%PS0.7x
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