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Apr 24
Australian (ASX) Media Industry Analysis
UpdatedMay 02, 2024
DataAggregated Company Financials
Companies15
- 7D-1.2%
- 3M-14.7%
- 1Y-18.2%
- YTD-17.1%
Over the last 7 days, the Media industry has dropped 1.2%, driven by a pullback from Nine Entertainment Holdings of 3.0%. Overall the industry is down 18% in 12 months. Looking forward, earnings are forecast to grow by 22% annually.
Industry Valuation and Performance
Has the Australian Media Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 02 May 2024 | AU$4.8b | AU$7.8b | AU$244.2m | 22x | 19.6x | 0.6x |
| Sat, 30 Mar 2024 | AU$5.3b | AU$7.8b | AU$244.2m | 24.5x | 21.6x | 0.7x |
| Mon, 26 Feb 2024 | AU$5.4b | AU$7.7b | AU$285.0m | 19.5x | 18.8x | 0.7x |
| Wed, 24 Jan 2024 | AU$5.7b | AU$7.8b | AU$284.8m | 15x | 20.2x | 0.7x |
| Fri, 22 Dec 2023 | AU$5.8b | AU$7.8b | AU$285.6m | 15.5x | 20.4x | 0.7x |
| Sun, 19 Nov 2023 | AU$5.6b | AU$7.8b | AU$285.3m | 15.1x | 19.6x | 0.7x |
| Tue, 17 Oct 2023 | AU$5.6b | AU$7.8b | AU$285.3m | 12.9x | 19.7x | 0.7x |
| Thu, 14 Sep 2023 | AU$5.6b | AU$7.8b | AU$285.3m | 13.4x | 19.6x | 0.7x |
| Sat, 12 Aug 2023 | AU$6.2b | AU$7.7b | AU$217.5m | 13.8x | 28.4x | 0.8x |
| Mon, 10 Jul 2023 | AU$5.7b | AU$7.7b | AU$217.6m | 13x | 26.1x | 0.7x |
| Wed, 07 Jun 2023 | AU$5.8b | AU$7.7b | AU$217.6m | 13x | 26.7x | 0.8x |
| Fri, 05 May 2023 | AU$5.9b | AU$7.7b | AU$218.3m | 13.6x | 27x | 0.8x |
| Sun, 02 Apr 2023 | AU$6.2b | AU$7.7b | AU$218.3m | 13.7x | 28.6x | 0.8x |
| Tue, 28 Feb 2023 | AU$6.3b | AU$7.7b | AU$219.5m | 17.8x | 28.9x | 0.8x |
| Thu, 26 Jan 2023 | AU$6.5b | AU$7.2b | AU$431.6m | 14.2x | 15x | 0.9x |
| Sat, 24 Dec 2022 | AU$6.0b | AU$7.2b | AU$431.6m | 13.3x | 14x | 0.8x |
| Mon, 21 Nov 2022 | AU$6.5b | AU$7.2b | AU$431.6m | 14.4x | 15.1x | 0.9x |
| Wed, 19 Oct 2022 | AU$6.3b | AU$7.2b | AU$431.7m | 12.5x | 14.7x | 0.9x |
| Fri, 16 Sep 2022 | AU$6.7b | AU$7.2b | AU$431.6m | 13.1x | 15.4x | 0.9x |
| Sun, 14 Aug 2022 | AU$6.8b | AU$6.8b | AU$592.6m | 15.6x | 11.5x | 1x |
| Tue, 12 Jul 2022 | AU$6.0b | AU$6.7b | AU$567.3m | 20.5x | 10.6x | 0.9x |
| Thu, 09 Jun 2022 | AU$6.5b | AU$6.7b | AU$567.3m | 23x | 11.4x | 1x |
| Sat, 07 May 2022 | AU$8.2b | AU$6.9b | AU$587.3m | 23.4x | 14x | 1.2x |
| Mon, 04 Apr 2022 | AU$9.2b | AU$6.9b | AU$587.3m | 25.1x | 15.7x | 1.3x |
| Wed, 02 Mar 2022 | AU$9.2b | AU$6.9b | AU$559.4m | 24.6x | 16.5x | 1.3x |
| Fri, 28 Jan 2022 | AU$8.1b | AU$6.4b | AU$546.4m | 18.5x | 14.9x | 1.3x |
| Sun, 26 Dec 2021 | AU$9.1b | AU$6.4b | AU$546.4m | 20.1x | 16.6x | 1.4x |
| Tue, 23 Nov 2021 | AU$9.4b | AU$6.4b | AU$547.2m | 19.7x | 17.3x | 1.5x |
| Thu, 21 Oct 2021 | AU$8.7b | AU$6.4b | AU$547.2m | 15.5x | 15.9x | 1.4x |
| Sat, 18 Sep 2021 | AU$8.3b | AU$6.4b | AU$547.1m | 18.2x | 15.2x | 1.3x |
| Mon, 16 Aug 2021 | AU$8.4b | AU$6.4b | AU$547.2m | 10.5x | 15.3x | 1.3x |
| Mon, 31 May 2021 | AU$8.6b | AU$6.1b | AU$4.7m | 19x | 1817.2x | 1.4x |
Price to Earnings Ratio
1823.8x
Current Industry PE
- Investors are pessimistic on the Australian Media industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 19.6x which is lower than its 3-year average PE of 69.0x.
- The industry is trading close to its 3-year average PS ratio of 0.99x.
Past Earnings Growth
- The earnings for companies in the Media industry have grown 272% per year over the last three years.
- Revenues for these companies have grown 8.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Australian Telecom industry?
| AU Market | -1.54% | |
| Telecom | -0.99% | |
| Media | -1.21% | |
| Advertising | 0.67% | |
| Publishing | 0% | |
| Cable and Satellite | 0% | |
| Broadcasting | -2.08% | |
Industry PE
- Investors are most optimistic about the Advertising industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 27.6%, which is higher than its past year's earnings growth of 15.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Advertising industry, expecting annual earnings growth of 28% over the next 5 years.
- This is better than its past earnings growth rate of 15% per year.
- In contrast, the Broadcasting industry is expected to see its earnings grow by 20% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SXL Southern Cross Media Group | AU$0.95 | 4.4% +AU$9.6m | 18.8% | PE30.3x | |
| OML oOh!media | AU$1.66 | 0.9% +AU$8.1m | 39.5% | PE25.8x | |
| IGL IVE Group | AU$2.12 | 1.4% +AU$4.6m | -11.7% | PE21.9x | |
| A1N ARN Media | AU$0.83 | 0.6% +AU$1.6m | -22.7% | PS0.8x |
