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Australian (ASX) Media Industry Analysis

UpdatedFeb 11, 2026
DataAggregated Company Financials
Companies12
  • 7D-4.4%
  • 3M-5.3%
  • 1Y-12.8%
  • YTD-3.0%

Over the last 7 days, the Media industry has dropped 4.4%, driven by Nine Entertainment Holdings declining 4.6%. Meanwhile, IVE Group actually outperformed within the industry, gaining 5.7% in the last week. Overall the industry is down 13% in 12 months. 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
Thu, 12 Feb 2026AU$3.6bAU$5.5bAU$148.0m24.8x24.1x0.7x
Sat, 10 Jan 2026AU$3.5bAU$5.5bAU$148.0m22.8x23.5x0.6x
Mon, 08 Dec 2025AU$3.7bAU$6.8bAU$164.6m17.1x22.2x0.5x
Wed, 05 Nov 2025AU$3.9bAU$6.8bAU$165.7m17.8x23.3x0.6x
Fri, 03 Oct 2025AU$4.0bAU$6.8bAU$165.7m19.1x24.2x0.6x
Sun, 31 Aug 2025AU$4.8bAU$7.4bAU$140.9m25.5x34.2x0.6x
Tue, 29 Jul 2025AU$4.9bAU$7.6b-AU$79,252,420.0026.3x-61.6x0.6x
Thu, 26 Jun 2025AU$4.7bAU$7.6b-AU$79,252,420.0025.8x-59x0.6x
Sat, 24 May 2025AU$4.7bAU$7.6b-AU$80,024,420.0025.9x-58.1x0.6x
Mon, 21 Apr 2025AU$4.1bAU$7.6b-AU$80,024,420.0022.3x-51.4x0.5x
Wed, 19 Mar 2025AU$4.6bAU$7.6b-AU$80,024,420.0024.1x-57.3x0.6x
Fri, 14 Feb 2025AU$4.3bAU$7.6b-AU$149,362,034.1519.5x-28.7x0.6x
Sun, 12 Jan 2025AU$3.9bAU$7.6b-AU$112,572,401.7918.4x-34.8x0.5x
Tue, 10 Dec 2024AU$4.0bAU$7.6b-AU$112,543,306.9918.3x-35.2x0.5x
Thu, 07 Nov 2024AU$3.6bAU$7.6b-AU$113,110,289.3115.6x-32.1x0.5x
Sat, 05 Oct 2024AU$3.9bAU$7.6b-AU$113,089,442.5616.3x-34.5x0.5x
Mon, 02 Sep 2024AU$4.1bAU$7.7b-AU$107,255,946.0017.1x-37.9x0.5x
Wed, 31 Jul 2024AU$4.3bAU$7.7bAU$243.4m21.1x17.7x0.6x
Fri, 28 Jun 2024AU$4.2bAU$7.7bAU$243.5m19.5x17.2x0.5x
Sun, 26 May 2024AU$4.5bAU$7.7bAU$244.2m21.7x18.6x0.6x
Tue, 23 Apr 2024AU$4.8bAU$7.8bAU$244.2m21.9x19.5x0.6x
Thu, 21 Mar 2024AU$5.2bAU$7.8bAU$244.2m24.3x21.3x0.7x
Sat, 17 Feb 2024AU$5.5bAU$7.7bAU$224.3m16.7x24.5x0.7x
Mon, 15 Jan 2024AU$5.7bAU$7.8bAU$284.8m14.9x20.1x0.7x
Wed, 13 Dec 2023AU$5.6bAU$7.8bAU$285.6m14.8x19.5x0.7x
Fri, 10 Nov 2023AU$5.5bAU$7.8bAU$285.3m14.5x19.1x0.7x
Sun, 08 Oct 2023AU$5.4bAU$7.8bAU$285.3m12.4x19x0.7x
Tue, 05 Sep 2023AU$5.8bAU$7.8bAU$285.3m14x20.3x0.7x
Thu, 03 Aug 2023AU$6.1bAU$7.7bAU$217.5m13.6x28.2x0.8x
Sat, 01 Jul 2023AU$5.7bAU$7.7bAU$217.6m13.1x26.1x0.7x
Mon, 29 May 2023AU$5.7bAU$7.7bAU$218.3m12.6x26.1x0.7x
Wed, 26 Apr 2023AU$6.3bAU$7.7bAU$218.3m13.9x29.1x0.8x
Fri, 24 Mar 2023AU$6.1bAU$7.7bAU$217.9m13.3x28.1x0.8x
Sun, 19 Feb 2023AU$6.6bAU$7.4bAU$423.8m13.7x15.5x0.9x
Price to Earnings Ratio

15.5x


Total Market Cap: AU$6.6bTotal Earnings: AU$423.8mTotal Revenue: AU$7.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Media Industry Price to Earnings3Y Average 0.03x202420252026
Current Industry PE
  • Investors are optimistic on the Australian Media industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.9x which is higher than its 3-year average PE of 0.027x.
  • The industry is trading close to its 3-year average PS ratio of 0.64x.
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 9.5% 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 Market-0.32%
Telecom-3.32%
Media-4.41%
Cable and Satellite0%0
Advertising-4.15%
Broadcasting-4.35%
Publishing-22.22%
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 23.8%, 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 24% 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 19% 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
IGL IVE GroupAU$3.155.7%
+AU$26.2m		42.5%PE10.4x
SXL Southern Cross Media GroupAU$0.687.9%
+AU$23.9m		6.3%PE50.8x
MXO MotioAU$0.0516.3%
+AU$949.9k		64.5%PS1.7x

Latest News

SXL
AU$0.68
Southern Cross Media Group
7D
7.9%
1Y
6.3%
OML
AU$1.16
oOh!media
7D
-7.6%
1Y
-4.5%

OML: Stable Cash Flow Assumptions And Higher Required Returns Will Support Upside

Analysts have raised their price target on oOh!media to A$1.66 per share. The change primarily reflects updated model assumptions, including a slightly higher discount rate and revised P/E outlook, rather than any alteration in projected revenue growth or profit margins.
XGL
AU$0.013
Xamble Group
7D
-7.1%
1Y
-35.0%
A1N
AU$0.37
ARN Media
7D
-7.0%
1Y
-41.7%

Digital Audio And Cost Reset Will Transform Earnings Power Over The Next Decade

Catalysts About ARN Media ARN Media operates an Australian audio entertainment business spanning broadcast radio, digital audio and podcasts. What are the underlying business or industry changes driving this perspective?
NEC
AU$1.15
Nine Entertainment Holdings
7D
-4.6%
1Y
-22.8%

NEC: Radio Asset Review Will Support Future Upside Potential

Analysts have nudged their price target for Nine Entertainment Holdings higher, reflecting a fair value revision from A$1.44 to A$1.45. This change points to updated assumptions around a smaller forecast revenue decline, a slightly higher discount rate, and a modestly lower future P/E multiple and profit margin outlook.
MXO
AU$0.051
Motio
7D
6.3%
1Y
64.5%
ASP
AU$0.007
Aspermont
7D
-22.2%
1Y
40.0%
IGL
AU$3.15
IVE Group
7D
5.7%
1Y
42.5%
SEG
AU$0.28
Sports Entertainment Group
7D
-3.4%
1Y
27.3%

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$0.25
GTN
7D
-9.1%
1Y
-53.7%