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Australian (ASX) Media Industry Analysis

UpdatedJan 11, 2026
DataAggregated Company Financials
Companies12
  • 7D1.0%
  • 3M-6.6%
  • 1Y-3.2%
  • YTD0.8%

Over the last 7 days, the Media industry has risen 1.0%, driven by gains from Nine Entertainment Holdings of 1.8%. However, the industry is down 3.2% over the past year. Looking forward, earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 11 Jan 2026AU$3.5bAU$5.5bAU$148.0m22.8x23.5x0.6x
Tue, 09 Dec 2025AU$3.7bAU$6.8bAU$164.6m17.2x22.3x0.5x
Thu, 06 Nov 2025AU$3.8bAU$6.8bAU$165.7m17.2x22.8x0.6x
Sat, 04 Oct 2025AU$4.0bAU$6.8bAU$165.7m19.3x24.4x0.6x
Mon, 01 Sep 2025AU$4.8bAU$6.8bAU$165.7m25.5x29x0.7x
Wed, 30 Jul 2025AU$4.9bAU$7.6b-AU$79,252,420.0026.1x-62x0.6x
Fri, 27 Jun 2025AU$4.7bAU$7.6b-AU$79,252,420.0026.2x-59x0.6x
Sun, 25 May 2025AU$4.7bAU$7.6b-AU$80,024,420.0025.9x-58.1x0.6x
Tue, 22 Apr 2025AU$4.1bAU$7.6b-AU$80,024,420.0022.3x-51.4x0.5x
Thu, 20 Mar 2025AU$4.6bAU$7.6b-AU$80,024,420.0024.7x-57x0.6x
Sat, 15 Feb 2025AU$4.3bAU$7.6b-AU$149,352,159.2520.4x-28.9x0.6x
Mon, 13 Jan 2025AU$3.9bAU$7.6b-AU$112,572,401.7918.4x-34.8x0.5x
Wed, 11 Dec 2024AU$3.9bAU$7.6b-AU$112,546,039.3518.1x-34.8x0.5x
Fri, 08 Nov 2024AU$3.7bAU$7.6b-AU$113,101,542.2915.8x-32.3x0.5x
Sun, 06 Oct 2024AU$3.9bAU$7.6b-AU$113,091,081.3416.3x-34.5x0.5x
Tue, 03 Sep 2024AU$4.1bAU$7.7b-AU$107,255,860.2418x-38.3x0.5x
Thu, 01 Aug 2024AU$4.4bAU$7.7bAU$243.4m21.2x18.2x0.6x
Sat, 29 Jun 2024AU$4.2bAU$7.7bAU$243.5m20.4x17.3x0.5x
Mon, 27 May 2024AU$4.5bAU$7.7bAU$244.2m21.7x18.6x0.6x
Wed, 24 Apr 2024AU$4.9bAU$7.8bAU$244.2m21.9x19.9x0.6x
Fri, 22 Mar 2024AU$5.4bAU$7.8bAU$244.2m24x21.9x0.7x
Sun, 18 Feb 2024AU$5.5bAU$7.7bAU$224.3m16.7x24.5x0.7x
Tue, 16 Jan 2024AU$5.8bAU$7.8bAU$284.8m14.6x20.2x0.7x
Thu, 14 Dec 2023AU$5.5bAU$7.8bAU$285.5m14.7x19.3x0.7x
Sat, 11 Nov 2023AU$5.4bAU$7.8bAU$285.2m14.3x19x0.7x
Mon, 09 Oct 2023AU$5.4bAU$7.8bAU$285.3m12.4x19x0.7x
Wed, 06 Sep 2023AU$5.8bAU$7.8bAU$285.3m13.9x20.4x0.7x
Fri, 04 Aug 2023AU$6.1bAU$7.7bAU$217.5m13.5x28.2x0.8x
Sun, 02 Jul 2023AU$5.7bAU$7.7bAU$217.6m13.1x26.1x0.7x
Tue, 30 May 2023AU$5.7bAU$7.7bAU$218.3m12.7x26.1x0.7x
Thu, 27 Apr 2023AU$6.3bAU$7.7bAU$218.3m13.8x29x0.8x
Sat, 25 Mar 2023AU$6.1bAU$7.7bAU$217.9m13.1x28.1x0.8x
Mon, 20 Feb 2023AU$6.6bAU$7.4bAU$423.8m13.7x15.5x0.9x
Wed, 18 Jan 2023AU$6.4bAU$7.2bAU$431.6m13.4x14.7x0.9x
Price to Earnings Ratio

14.7x


Total Market Cap: AU$6.4bTotal Earnings: AU$431.6mTotal Revenue: AU$7.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Media Industry Price to Earnings3Y Average -0.2x202420252026
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 23.5x which is higher than its 3-year average PE of -0.23x.
  • The industry is trading close to its 3-year average PS ratio of 0.65x.
Past Earnings Growth
  • The earnings for companies in the Media industry have declined 30% per year over the last three years,
  • Revenues have also declined 9.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

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

AU Market0.16%
Telecom-0.38%
Media1.03%
Broadcasting1.18%
Advertising1.05%
Cable and Satellite0%0
Publishing-12.50%
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 24.7%, which is higher than its past year's earnings growth of 13.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Advertising industry, expecting annual earnings growth of 25% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Broadcasting industry is expected to see its earnings grow by 18% 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
NEC Nine Entertainment HoldingsAU$1.131.8%
+AU$31.7m		-12.4%PE17.2x
OML oOh!mediaAU$1.352.7%
+AU$18.9m		13.5%PE37.3x
SEG Sports Entertainment GroupAU$0.293.6%
+AU$2.8m		31.8%PS0.7x
EGG Enero GroupAU$0.641.6%
+AU$907.4k		-42.3%PS0.3x

Latest News

SXL
AU$0.76
Southern Cross Media Group
7D
-3.2%
1Y
23.6%
NEC
AU$1.13
Nine Entertainment Holdings
7D
1.8%
1Y
-12.4%

NEC: Measured Bolt On Deal Strategy Will Shape Fairly Priced Outlook

Analysts have adjusted their fair value estimate for Nine Entertainment Holdings from A$1.20 to A$1.22 per share, reflecting updated assumptions around revenue contraction, profit margins and a higher future P/E multiple in their latest price target work. What's in the News Chief Executive Officer Matt Stanton has lowered expectations that Nine Entertainment will pursue a large scale, transformational transaction in the near term, signaling a more measured approach to deals.
ASP
AU$0.007
Aspermont
7D
-12.5%
1Y
16.7%
OML
AU$1.35
oOh!media
7D
2.7%
1Y
13.5%

OML: Stable Margins And Modest Repricing Will Support Future Upside Potential

Analysts have modestly increased their price target on oOh!media to reflect slightly higher discount rate and profitability assumptions, resulting in a small uplift in the implied equity valuation in Australian dollars. Valuation Changes Discount Rate increased slightly from 7.90 percent to approximately 7.97 percent, implying a marginally higher required return on equity.
EGG
AU$0.64
Enero Group
7D
1.6%
1Y
-42.3%

Enero Group Limited's (ASX:EGG) Popularity With Investors Is Under Threat From Overpricing

Dec 15
Enero Group Limited's (ASX:EGG) Popularity With Investors Is Under Threat From Overpricing
SEG
AU$0.29
Sports Entertainment Group
7D
3.6%
1Y
31.8%

Sports Entertainment Group Limited (ASX:SEG) Screens Well But There Might Be A Catch

Dec 03
Sports Entertainment Group Limited (ASX:SEG) Screens Well But There Might Be A Catch
GTN
AU$0.28
GTN
7D
-6.7%
1Y
-50.9%
A1N
AU$0.40
ARN Media
7D
-2.4%
1Y
-42.0%

Some Shareholders Feeling Restless Over ARN Media Limited's (ASX:A1N) P/S Ratio

Nov 12
Some Shareholders Feeling Restless Over ARN Media Limited's (ASX:A1N) P/S Ratio
UNT
AU$0.008
Unith
7D
-11.1%
1Y
-33.3%
MXO
AU$0.056
Motio
7D
-1.8%
1Y
64.7%
RLG
AU$0.004
RooLife Group
7D
-33.3%
1Y
-20.0%
XGL
AU$0.014
Xamble Group
7D
-12.5%
1Y
-36.4%