Australian (ASX) Broadcasting Industry Analysis
UpdatedJun 03, 2024
DataAggregated Company Financials
Companies5
- 7D-3.5%
- 3M-15.3%
- 1Y-29.3%
- YTDn/a
Over the last 7 days, the Broadcasting industry has dropped 3.5%, driven by a pullback from Nine Entertainment Holdings of 4.7%. On the other hand Sports Entertainment Group is actually up 25%. The industry has fallen 29% in the last year. Earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the Australian Broadcasting Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 03 Jun 2024 | AU$3.0b | AU$5.1b | AU$170.6m | 22.7x | 17.7x | 0.6x |
| Wed, 01 May 2024 | AU$3.3b | AU$5.1b | AU$170.6m | 25.1x | 19.4x | 0.7x |
| Fri, 29 Mar 2024 | AU$3.6b | AU$5.1b | AU$170.6m | 28.2x | 21.1x | 0.7x |
| Sun, 25 Feb 2024 | AU$3.7b | AU$5.1b | AU$182.9m | 12.4x | 20.4x | 0.7x |
| Tue, 23 Jan 2024 | AU$4.2b | AU$5.2b | AU$186.9m | 12.3x | 22.4x | 0.8x |
| Thu, 21 Dec 2023 | AU$4.3b | AU$5.2b | AU$186.9m | 13.1x | 23.1x | 0.8x |
| Sat, 18 Nov 2023 | AU$4.2b | AU$5.2b | AU$186.9m | 12.7x | 22.3x | 0.8x |
| Mon, 16 Oct 2023 | AU$4.2b | AU$5.2b | AU$186.9m | 9.4x | 22.7x | 0.8x |
| Wed, 13 Sep 2023 | AU$4.2b | AU$5.2b | AU$186.9m | 9.3x | 22.7x | 0.8x |
| Fri, 11 Aug 2023 | AU$4.7b | AU$5.3b | AU$150.0m | 12.7x | 31.4x | 0.9x |
| Sun, 09 Jul 2023 | AU$4.3b | AU$5.3b | AU$150.0m | 11.4x | 28.6x | 0.8x |
| Tue, 06 Jun 2023 | AU$4.4b | AU$5.3b | AU$150.0m | 11.6x | 29.3x | 0.8x |
| Thu, 04 May 2023 | AU$4.5b | AU$5.3b | AU$150.0m | 12x | 30.1x | 0.9x |
| Sat, 01 Apr 2023 | AU$4.5b | AU$5.3b | AU$150.0m | 11.7x | 30.1x | 0.9x |
| Mon, 27 Feb 2023 | AU$4.7b | AU$5.3b | AU$153.1m | 12x | 30.5x | 0.9x |
| Wed, 25 Jan 2023 | AU$4.7b | AU$5.1b | AU$388.9m | 11.2x | 12.2x | 0.9x |
| Fri, 23 Dec 2022 | AU$4.4b | AU$5.1b | AU$388.9m | 10.2x | 11.4x | 0.9x |
| Sun, 20 Nov 2022 | AU$4.9b | AU$5.1b | AU$388.9m | 11.6x | 12.5x | 0.9x |
| Tue, 18 Oct 2022 | AU$4.7b | AU$5.1b | AU$388.9m | 11.7x | 12.1x | 0.9x |
| Thu, 15 Sep 2022 | AU$5.0b | AU$5.1b | AU$388.9m | 12.3x | 12.8x | 1x |
| Sat, 13 Aug 2022 | AU$5.2b | AU$4.8b | AU$572.7m | 17.7x | 9x | 1.1x |
| Mon, 11 Jul 2022 | AU$4.7b | AU$4.8b | AU$572.7m | 16.2x | 8.2x | 1x |
| Wed, 08 Jun 2022 | AU$5.0b | AU$4.8b | AU$572.7m | 17.1x | 8.7x | 1x |
| Fri, 06 May 2022 | AU$6.7b | AU$5.0b | AU$592.2m | 17.7x | 11.3x | 1.3x |
| Sun, 03 Apr 2022 | AU$7.3b | AU$5.0b | AU$592.2m | 19.2x | 12.4x | 1.5x |
| Tue, 01 Mar 2022 | AU$7.0b | AU$4.8b | AU$560.1m | 20x | 12.5x | 1.5x |
| Thu, 27 Jan 2022 | AU$6.5b | AU$4.6b | AU$584.1m | 14.7x | 11.1x | 1.4x |
| Sat, 25 Dec 2021 | AU$7.1b | AU$4.6b | AU$584.1m | 15.4x | 12.1x | 1.5x |
| Mon, 22 Nov 2021 | AU$7.5b | AU$4.6b | AU$584.1m | 15.7x | 12.9x | 1.6x |
| Wed, 20 Oct 2021 | AU$6.5b | AU$4.6b | AU$584.1m | 13.7x | 11.2x | 1.4x |
| Fri, 17 Sep 2021 | AU$6.4b | AU$4.6b | AU$584.1m | 14.7x | 11x | 1.4x |
| Sun, 15 Aug 2021 | AU$6.7b | AU$4.6b | AU$584.1m | 13.9x | 11.5x | 1.5x |
| Thu, 10 Jun 2021 | AU$6.8b | AU$4.4b | AU$55.4m | 5.1x | 122.8x | 1.5x |
Price to Earnings Ratio
122.8x
Current Industry PE
- Investors are relatively neutral on the Australian Broadcasting industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 17.3x.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.59x.
Past Earnings Growth
- The earnings for companies in the Broadcasting industry have grown 46% per year over the last three years.
- Revenues for these companies have grown 4.9% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Australian Broadcasting compare with similar industries?
| AU Market | -0.33% | |
| Telecom | 0.45% | |
| Media | -3.39% | |
| Broadcasting | -3.47% | |
| Cable and Satellite | 0% | |
| Advertising | -2.75% | |
| Publishing | -25.00% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SEG Sports Entertainment Group | AU$0.23 | 15.0% +AU$7.9m | 0% | PS0.5x |