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Nov 17
Australian (ASX) Entertainment Industry Analysis
UpdatedDec 03, 2023
DataAggregated Company Financials
Companies7
- 7D-2.7%
- 3M-10.3%
- 1Y-23.3%
- YTD-17.1%
Over the last 7 days, the Entertainment industry has dropped 2.7%, driven by EVT declining 3.0%. However, the industry is down 23% over the past year. Looking forward, earnings are forecast to grow by 18% annually.
Industry Valuation and Performance
Has the Australian Entertainment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 03 Dec 2023 | AU$2.1b | AU$1.4b | AU$88.7m | 16x | 23.8x | 1.5x |
| Tue, 31 Oct 2023 | AU$2.0b | AU$1.4b | AU$88.7m | 15.6x | 22.8x | 1.5x |
| Thu, 28 Sep 2023 | AU$2.2b | AU$1.4b | AU$89.3m | 16.7x | 24.3x | 1.6x |
| Sat, 26 Aug 2023 | AU$2.4b | AU$1.3b | AU$100.4m | 14.2x | 23.5x | 1.8x |
| Mon, 24 Jul 2023 | AU$2.4b | AU$1.3b | AU$106.1m | 14.2x | 22.4x | 1.8x |
| Wed, 21 Jun 2023 | AU$2.4b | AU$1.3b | AU$106.1m | 14.7x | 23x | 1.9x |
| Fri, 19 May 2023 | AU$2.2b | AU$1.3b | AU$106.1m | 13.8x | 21.2x | 1.7x |
| Sun, 16 Apr 2023 | AU$2.4b | AU$1.3b | AU$106.1m | 14.6x | 23x | 1.9x |
| Tue, 14 Mar 2023 | AU$2.4b | AU$1.3b | AU$109.0m | 14.4x | 21.9x | 1.8x |
| Thu, 09 Feb 2023 | AU$2.7b | AU$1.0b | AU$49.9m | 33.3x | 54.9x | 2.6x |
| Sat, 07 Jan 2023 | AU$2.6b | AU$1.0b | AU$49.9m | 33.6x | 52.2x | 2.5x |
| Mon, 05 Dec 2022 | AU$2.7b | AU$1.0b | AU$49.9m | 35x | 54.8x | 2.6x |
| Wed, 02 Nov 2022 | AU$2.9b | AU$1.0b | AU$49.7m | 29.6x | 59.2x | 2.8x |
| Fri, 30 Sep 2022 | AU$2.6b | AU$1.0b | AU$49.7m | 34.7x | 52.6x | 2.5x |
| Sun, 28 Aug 2022 | AU$3.0b | AU$1.0b | AU$33.5m | 20.5x | 88.7x | 2.9x |
| Tue, 26 Jul 2022 | AU$2.8b | AU$832.2m | AU$23.6m | 24x | 118.2x | 3.4x |
| Thu, 23 Jun 2022 | AU$2.6b | AU$832.2m | AU$23.6m | 24.2x | 111.2x | 3.2x |
| Sat, 21 May 2022 | AU$3.0b | AU$832.2m | AU$23.6m | 26.8x | 125.3x | 3.6x |
| Mon, 18 Apr 2022 | AU$3.0b | AU$832.2m | AU$23.7m | 21.9x | 125x | 3.6x |
| Wed, 16 Mar 2022 | AU$2.9b | AU$832.2m | AU$24.0m | 21.2x | 121.6x | 3.5x |
| Fri, 11 Feb 2022 | AU$3.3b | AU$707.4m | -AU$67,659,297.00 | 36.7x | -48.2x | 4.6x |
| Sun, 09 Jan 2022 | AU$3.0b | AU$707.4m | -AU$67,662,995.00 | 34.8x | -44.7x | 4.3x |
| Tue, 07 Dec 2021 | AU$3.1b | AU$704.1m | -AU$60,561,475.00 | 30.8x | -50.6x | 4.4x |
| Thu, 04 Nov 2021 | AU$3.2b | AU$685.5m | -AU$64,545,800.00 | 48x | -50.1x | 4.7x |
| Sat, 02 Oct 2021 | AU$2.9b | AU$705.1m | -AU$60,736,397.00 | 40.4x | -47.8x | 4.1x |
| Mon, 30 Aug 2021 | AU$2.7b | AU$705.1m | -AU$60,667,489.11 | 33.7x | -45.2x | 3.9x |
| Tue, 06 Jul 2021 | AU$2.4b | AU$705.1m | -AU$60,667,489.11 | 25x | -39x | 3.4x |
| Fri, 09 Apr 2021 | AU$2.2b | AU$681.4m | -AU$131,391,222.30 | 170.4x | -16.9x | 3.3x |
| Thu, 31 Dec 2020 | AU$2.0b | AU$436.4m | -AU$202,976,829.71 | 10185.5x | -9.9x | 4.6x |
Price to Earnings Ratio
-14.8x
Current Industry PE
- Investors are relatively neutral on the Australian Entertainment 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 23.7x.
- The 3-year average PS ratio of 3.1x is higher than the industry's current PS ratio of 1.5x.
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 28% 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 | 0.46% | |
| Telecom | 0.64% | |
| Entertainment | -2.72% | |
| Interactive Home Entertainment | -0.59% | |
| Movies and Entertainment | -3.03% | |
Industry PE
- Investors are most optimistic about the Movies and Entertainment industry which is trading above its 3-year average PE ratio of 4.6x.
- Analysts are expecting annual earnings growth of 8.6%, which is lower than the prior year's growth of 77.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Interactive Home Entertainment industry, expecting annual earnings growth of 87% over the next 5 years.
- In contrast, the Movies and Entertainment industry is expected to see its earnings grow by 8.6% 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 | |
|---|---|---|---|---|---|
| PLY PlaySide Studios | AU$0.55 | 0.9% +AU$2.0m | -10.7% | PS5.8x | |
| SW1 Swift Networks Group | AU$0.015 | 15.4% +AU$1.2m | -6.3% | PS0.5x | |
| KNM KNeoMedia | AU$0.0035 | 16.7% +AU$766.6k | -78.1% | PS4.6x |
