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Australian (ASX) Media Industry Analysis

UpdatedApr 12, 2026
DataAggregated Company Financials
Companies13
  • 7D2.9%
  • 3M-16.6%
  • 1Y-24.0%
  • YTD-16.3%

The Media industry is up 2.9% in the last week, with Nine Entertainment Holdings up 5.2%. Meanwhile, ARN Media actually underperformed within the industry, shrinking 19% in the last week. In the past year, the industry is down 24%. Looking forward, earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 12 Apr 2026AU$3.0bAU$5.5bAU$159.7m14.3x19x0.5x
Tue, 10 Mar 2026AU$3.1bAU$5.5bAU$159.7m23x19.1x0.6x
Thu, 05 Feb 2026AU$3.7bAU$5.5bAU$148.0m26.6x24.8x0.7x
Sat, 03 Jan 2026AU$3.6bAU$6.8bAU$164.6m16.9x22.1x0.5x
Mon, 01 Dec 2025AU$3.6bAU$6.8bAU$164.6m16.6x21.9x0.5x
Wed, 29 Oct 2025AU$3.9bAU$6.8bAU$165.7m18.2x23.4x0.6x
Fri, 26 Sep 2025AU$3.9bAU$6.8bAU$165.7m17.8x23.4x0.6x
Sun, 24 Aug 2025AU$4.9bAU$7.7b-AU$88,263,420.0021.7x-56x0.6x
Tue, 22 Jul 2025AU$4.9bAU$7.6b-AU$79,252,420.0025.7x-62.4x0.6x
Thu, 19 Jun 2025AU$4.8bAU$7.6b-AU$79,252,420.0026.4x-60.2x0.6x
Sat, 17 May 2025AU$4.6bAU$7.6b-AU$80,024,420.0025.3x-57.5x0.6x
Mon, 14 Apr 2025AU$4.1bAU$7.6b-AU$80,024,420.0022.2x-51.3x0.5x
Wed, 12 Mar 2025AU$4.6bAU$7.6b-AU$80,024,420.0024.9x-57.5x0.6x
Fri, 07 Feb 2025AU$4.0bAU$7.6b-AU$112,561,364.4318.6x-35.2x0.5x
Sun, 05 Jan 2025AU$3.9bAU$7.6b-AU$112,553,758.9517.8x-34.4x0.5x
Tue, 03 Dec 2024AU$4.0bAU$7.6b-AU$112,512,654.0418.1x-35.2x0.5x
Thu, 31 Oct 2024AU$3.7bAU$7.6b-AU$113,126,052.8116.1x-33.1x0.5x
Sat, 28 Sep 2024AU$4.0bAU$7.6b-AU$113,099,062.9716.3x-35.5x0.5x
Mon, 26 Aug 2024AU$4.1bAU$7.7bAU$81.0m21.3x51x0.5x
Wed, 24 Jul 2024AU$4.3bAU$7.7bAU$243.4m20.6x17.6x0.6x
Fri, 21 Jun 2024AU$4.3bAU$7.7bAU$243.4m20.4x17.6x0.6x
Sun, 19 May 2024AU$4.8bAU$7.7bAU$244.2m22.2x19.8x0.6x
Tue, 16 Apr 2024AU$4.9bAU$7.8bAU$244.2m23.2x20.1x0.6x
Thu, 14 Mar 2024AU$5.3bAU$7.8bAU$244.2m24.6x21.6x0.7x
Sat, 10 Feb 2024AU$5.7bAU$7.8bAU$284.7m17.5x20.2x0.7x
Mon, 08 Jan 2024AU$5.7bAU$7.8bAU$284.8m14.7x20.1x0.7x
Wed, 06 Dec 2023AU$5.4bAU$7.8bAU$285.5m14.5x19x0.7x
Fri, 03 Nov 2023AU$5.3bAU$7.8bAU$285.3m14.1x18.6x0.7x
Sun, 01 Oct 2023AU$5.7bAU$7.8bAU$285.3m13.5x20.1x0.7x
Tue, 29 Aug 2023AU$5.7bAU$7.8bAU$288.4m18.1x19.8x0.7x
Thu, 27 Jul 2023AU$6.0bAU$7.7bAU$217.6m13.4x27.5x0.8x
Sat, 24 Jun 2023AU$5.6bAU$7.7bAU$217.6m12.6x25.6x0.7x
Mon, 22 May 2023AU$5.9bAU$7.7bAU$218.3m13.2x27x0.8x
Wed, 19 Apr 2023AU$6.4bAU$7.7bAU$218.3m14.1x29.1x0.8x
Price to Earnings Ratio

29.1x


Total Market Cap: AU$6.4bTotal Earnings: AU$218.3mTotal Revenue: AU$7.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Media Industry Price to Earnings3Y Average -0.3x202420252026
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 19.0x which is higher than its 3-year average PE of -0.34x.
  • The industry is trading close to its 3-year average PS ratio of 0.62x.
Past Earnings Growth
  • The earnings for companies in the Media industry have declined 9.9% per year over the last three years,
  • Revenues have also declined 10% 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 Market4.32%
Telecom1.54%
Media2.93%
Broadcasting3.99%
Advertising1.04%
Cable and Satellite0%0
Publishing-4.59%
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 23.6%, which is higher than its past year's earnings decline of 24.1% 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 decline of 24% per year.
  • In contrast, the Broadcasting industry is expected to see its earnings grow by 16% 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$1.025.2%
+AU$79.2m		-24.8%PE11x
IGL IVE GroupAU$2.723.0%
+AU$12.2m		13.3%PE9.5x
SXL Southern Cross Media GroupAU$0.574.6%
+AU$12.0m		-5.8%PE27.2x
OML oOh!mediaAU$0.950.5%
+AU$2.0m		-33.6%PE27.5x
XGL Xamble GroupAU$0.01530.4%
+AU$1.6m		-11.8%PS1x

Latest News

OML
AU$0.95
oOh!media
7D
0.5%
1Y
-33.6%

OML: Share Buyback And Fully Franked Dividend Will Support Future Upside Potential

Analysts have adjusted their valuation framework for oOh!media, with the implied fair value holding steady at A$1.49 per share as changes to the discount rate, revenue growth, profit margin and future P/E assumptions offset each other overall. What's in the News The Board of Directors authorized a share buyback plan for oOh!media Limited on 26 February 2026, indicating approval for capital management via repurchases (Key Developments).
A1N
AU$0.19
ARN Media
7D
-19.1%
1Y
-68.3%
NEC
AU$1.02
Nine Entertainment Holdings
7D
5.2%
1Y
-24.8%

NEC: Future Returns Will Be Driven By Dividend Outlook And Earnings Repricing

Analysts have trimmed their price target for Nine Entertainment Holdings to A$2.02 from A$2.16, citing updated assumptions that include a lower discount rate, a move from a revenue decline to modest growth expectations, slightly lower profit margins, and a reduced future P/E multiple. What's in the News Nine Entertainment Co. Holdings Limited declared an ordinary dividend of A$0.045 per share for the six months ending 31 December 2025 (Key Developments).
SEG
AU$0.25
Sports Entertainment Group
7D
0%
1Y
0%
SXL
AU$0.57
Southern Cross Media Group
7D
4.6%
1Y
-5.8%
MXO
AU$0.045
Motio
7D
-6.3%
1Y
66.7%
ASP
AU$1.87
Aspermont
7D
-4.6%
1Y
n/a
EGG
AU$0.43
Enero Group
7D
-8.4%
1Y
-32.0%
RLG
AU$0.003
RooLife Group
7D
-14.3%
1Y
-25.0%
GTN
AU$0.23
GTN
7D
-4.3%
1Y
-62.5%
IGL
AU$2.72
IVE Group
7D
3.0%
1Y
13.3%
UNT
AU$0.009
Unith
7D
12.5%
1Y
-25.0%
XGL
AU$0.015
Xamble Group
7D
30.4%
1Y
-11.8%