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Australian (ASX) Media Industry Analysis

UpdatedDec 25, 2025
DataAggregated Company Financials
Companies13
  • 7D1.7%
  • 3M-5.2%
  • 1Y-2.1%
  • YTD-1.6%

Over the last 7 days, the Media industry has risen 1.7%, driven by gains from Nine Entertainment Holdings of 2.7%. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Dec 2025AU$3.7bAU$6.8bAU$164.6m17.4x22.4x0.5x
Sat, 22 Nov 2025AU$3.6bAU$6.8bAU$165.7m16.5x21.5x0.5x
Mon, 20 Oct 2025AU$3.9bAU$6.8bAU$165.7m18.4x23.3x0.6x
Wed, 17 Sep 2025AU$3.9bAU$6.8bAU$165.7m18x23.6x0.6x
Fri, 15 Aug 2025AU$4.8bAU$7.6b-AU$71,128,420.0019.6x-67.6x0.6x
Sun, 13 Jul 2025AU$4.8bAU$7.6b-AU$79,252,420.0026.3x-60.6x0.6x
Tue, 10 Jun 2025AU$4.7bAU$7.6b-AU$79,252,420.0025.1x-58.9x0.6x
Thu, 08 May 2025AU$4.5bAU$7.6b-AU$80,024,420.0025x-56.8x0.6x
Sat, 05 Apr 2025AU$4.3bAU$7.6b-AU$80,024,420.0023.2x-53.9x0.6x
Mon, 03 Mar 2025AU$4.7bAU$7.6b-AU$80,024,420.0025.2x-58.6x0.6x
Wed, 29 Jan 2025AU$4.0bAU$7.6b-AU$112,567,461.2118.4x-35.5x0.5x
Fri, 27 Dec 2024AU$3.9bAU$7.6b-AU$112,563,642.1317.8x-34.3x0.5x
Sun, 24 Nov 2024AU$3.9bAU$7.6b-AU$113,111,380.9315.2x-34.9x0.5x
Tue, 22 Oct 2024AU$3.9bAU$7.6b-AU$113,109,454.5316.3x-34.5x0.5x
Thu, 19 Sep 2024AU$3.9bAU$7.6b-AU$107,377,087.7516.6x-36.2x0.5x
Sat, 17 Aug 2024AU$4.3bAU$7.7bAU$128.7m21.5x33.2x0.6x
Mon, 15 Jul 2024AU$4.3bAU$7.7bAU$243.5m21.2x17.5x0.5x
Wed, 12 Jun 2024AU$4.3bAU$7.7bAU$243.4m21.4x17.7x0.6x
Fri, 10 May 2024AU$4.8bAU$7.7bAU$244.2m21.4x19.8x0.6x
Sun, 07 Apr 2024AU$5.1bAU$7.8bAU$244.2m23.9x21.1x0.7x
Tue, 05 Mar 2024AU$5.2bAU$7.7bAU$244.2m24.1x21.4x0.7x
Thu, 01 Feb 2024AU$5.8bAU$7.8bAU$284.8m15.3x20.3x0.7x
Sat, 30 Dec 2023AU$5.9bAU$7.8bAU$284.8m15.2x20.5x0.8x
Mon, 27 Nov 2023AU$5.5bAU$7.8bAU$285.3m15x19.3x0.7x
Wed, 25 Oct 2023AU$5.4bAU$7.8bAU$285.3m13.6x19x0.7x
Fri, 22 Sep 2023AU$5.7bAU$7.8bAU$285.3m12.9x19.9x0.7x
Sun, 20 Aug 2023AU$5.8bAU$7.7bAU$363.9m11.8x16x0.8x
Tue, 18 Jul 2023AU$6.0bAU$7.7bAU$217.6m13.5x27.7x0.8x
Thu, 15 Jun 2023AU$5.8bAU$7.7bAU$216.4m13.2x26.7x0.8x
Sat, 13 May 2023AU$5.9bAU$7.7bAU$218.3m13.4x26.9x0.8x
Mon, 10 Apr 2023AU$6.4bAU$7.7bAU$218.3m14x29.2x0.8x
Wed, 08 Mar 2023AU$6.3bAU$7.7bAU$217.9m14.5x28.8x0.8x
Fri, 03 Feb 2023AU$6.8bAU$7.2bAU$431.6m13.9x15.8x0.9x
Sun, 01 Jan 2023AU$6.0bAU$7.2bAU$431.6m13.3x13.8x0.8x
Price to Earnings Ratio

13.8x


Total Market Cap: AU$6.0bTotal Earnings: AU$431.6mTotal Revenue: AU$7.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Media Industry Price to Earnings3Y Average -0.4x202320242025
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 22.4x which is higher than its 3-year average PE of -0.36x.
  • 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 27% per year over the last three years,
  • Revenues have also declined 2.0% 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 Market2.32%
Telecom0.68%
Media1.72%
Publishing14.29%
Advertising1.99%
Broadcasting1.46%
Cable and Satellite0%0
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 24.2%, 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 17% 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$1.142.7%
+AU$47.5m		-8.8%PE17.4x
IGL IVE GroupAU$3.007.1%
+AU$30.7m		42.9%PE9.9x
ASP AspermontAU$0.00814.3%
+AU$4.9m		33.3%PS1.6x
GTN GTNAU$0.299.3%
+AU$4.8m		-49.1%PS0.3x
SXL Southern Cross Media GroupAU$0.811.2%
+AU$2.4m		32.5%PE30.5x

Latest News

NEC
AU$1.14
Nine Entertainment Holdings
7D
2.7%
1Y
-8.8%

NEC: Future Returns Will Be Driven By Selective Adjacent Acquisitions

Analysts have trimmed their price target for Nine Entertainment Holdings to AUD 2.08 from AUD 2.58, reflecting slightly weaker revenue growth expectations and a higher discount rate, partially offset by modestly improved margin and valuation assumptions. What's in the News CEO Matt Stanton has signalled that Nine will prioritise bolt on acquisitions in areas adjacent to its existing print and Channel 9 broadcast businesses, rather than pursuing a large scale transformational deal, focusing on assets that complement the current portfolio.
OML
AU$1.31
oOh!media
7D
-1.1%
1Y
11.5%

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.
GTN
AU$0.29
GTN
7D
9.3%
1Y
-49.1%
ASP
AU$0.008
Aspermont
7D
14.3%
1Y
33.3%
SXL
AU$0.81
Southern Cross Media Group
7D
1.2%
1Y
32.5%
A1N
AU$0.38
ARN Media
7D
-6.2%
1Y
-46.9%

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
MXO
AU$0.055
Motio
7D
10.0%
1Y
83.3%
XGL
AU$0.014
Xamble Group
7D
7.7%
1Y
-46.2%
SWM
AU$0.13
Seven West Media
7D
-3.8%
1Y
-16.7%
IGL
AU$3.00
IVE Group
7D
7.1%
1Y
42.9%