Narrative Update • Jul 24
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- 7D2.7%
- 3M5.3%
- 1Y-30.4%
- YTD-7.8%
oOh!media is up 5.4%, leading the way for the Media industry, which has gained 2.7%. During this same period, the Sports Entertainment Group underperformed, falling 9.0%. However, the industry is down 30% over the past year. Looking forward, earnings are forecast to grow by 12% annually.
Industry Valuation and Performance
Has the Australian Media Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 10 Aug 2026 | AU$3.3b | AU$5.5b | AU$161.2m | 16x | 20.7x | 0.6x |
| Wed, 08 Jul 2026 | AU$3.1b | AU$5.5b | AU$161.2m | 16.5x | 19.4x | 0.6x |
| Fri, 05 Jun 2026 | AU$3.0b | AU$5.5b | AU$161.2m | 14.6x | 18.7x | 0.5x |
| Sun, 03 May 2026 | AU$3.0b | AU$5.5b | AU$159.7m | 17.6x | 19.1x | 0.6x |
| Tue, 31 Mar 2026 | AU$2.9b | AU$5.5b | AU$159.7m | 18.5x | 18.1x | 0.5x |
| Thu, 26 Feb 2026 | AU$3.3b | AU$5.5b | AU$203.9m | 22.7x | 16x | 0.6x |
| Sat, 24 Jan 2026 | AU$3.6b | AU$5.5b | AU$148.0m | 26.8x | 24.1x | 0.7x |
| Mon, 22 Dec 2025 | AU$3.6b | AU$6.8b | AU$164.6m | 17.2x | 22.1x | 0.5x |
| Wed, 19 Nov 2025 | AU$3.6b | AU$6.8b | AU$165.7m | 16.8x | 21.9x | 0.5x |
| Fri, 17 Oct 2025 | AU$3.9b | AU$6.8b | AU$165.7m | 18.4x | 23.3x | 0.6x |
| Sun, 14 Sep 2025 | AU$3.8b | AU$6.8b | AU$165.7m | 17.1x | 23x | 0.6x |
| Tue, 12 Aug 2025 | AU$4.9b | AU$7.6b | -AU$79,252,420.00 | 26.7x | -62.3x | 0.6x |
| Thu, 10 Jul 2025 | AU$4.9b | AU$7.6b | -AU$79,252,420.00 | 26.2x | -61.5x | 0.6x |
| Sat, 07 Jun 2025 | AU$4.7b | AU$7.6b | -AU$79,252,420.00 | 25.1x | -58.9x | 0.6x |
| Mon, 05 May 2025 | AU$4.5b | AU$7.6b | -AU$80,024,420.00 | 24.4x | -55.7x | 0.6x |
| Wed, 02 Apr 2025 | AU$4.4b | AU$7.6b | -AU$80,024,420.00 | 23.8x | -55.1x | 0.6x |
| Fri, 28 Feb 2025 | AU$4.8b | AU$7.6b | -AU$138,910,995.38 | 23.2x | -34.4x | 0.6x |
| Sun, 26 Jan 2025 | AU$4.0b | AU$7.6b | -AU$112,558,925.88 | 19x | -35.7x | 0.5x |
| Tue, 24 Dec 2024 | AU$3.9b | AU$7.6b | -AU$112,562,135.53 | 18x | -34.4x | 0.5x |
| Thu, 21 Nov 2024 | AU$3.9b | AU$7.6b | -AU$113,116,344.05 | 16.1x | -34.4x | 0.5x |
| Sat, 19 Oct 2024 | AU$3.9b | AU$7.6b | -AU$113,102,237.88 | 16.4x | -34.4x | 0.5x |
| Mon, 16 Sep 2024 | AU$3.9b | AU$7.6b | -AU$107,386,580.38 | 16.8x | -35.9x | 0.5x |
| Wed, 14 Aug 2024 | AU$4.2b | AU$7.7b | AU$243.4m | 19.8x | 17.3x | 0.5x |
| Fri, 12 Jul 2024 | AU$4.2b | AU$7.7b | AU$243.5m | 21.1x | 17.4x | 0.5x |
| Sun, 09 Jun 2024 | AU$4.3b | AU$7.7b | AU$243.4m | 21.7x | 17.7x | 0.6x |
| Tue, 07 May 2024 | AU$4.7b | AU$7.7b | AU$244.2m | 21.7x | 19.4x | 0.6x |
| Thu, 04 Apr 2024 | AU$5.1b | AU$7.8b | AU$244.2m | 24x | 21.1x | 0.7x |
| Sat, 02 Mar 2024 | AU$5.3b | AU$7.7b | AU$244.9m | 24.1x | 21.6x | 0.7x |
| Mon, 29 Jan 2024 | AU$5.8b | AU$7.8b | AU$284.8m | 15.2x | 20.2x | 0.7x |
| Wed, 27 Dec 2023 | AU$5.8b | AU$7.8b | AU$284.8m | 15.5x | 20.5x | 0.8x |
| Fri, 24 Nov 2023 | AU$5.5b | AU$7.8b | AU$285.3m | 14.9x | 19.1x | 0.7x |
| Sun, 22 Oct 2023 | AU$5.6b | AU$7.8b | AU$285.2m | 13.7x | 19.5x | 0.7x |
| Tue, 19 Sep 2023 | AU$5.7b | AU$7.8b | AU$285.3m | 13.3x | 19.9x | 0.7x |
| Thu, 17 Aug 2023 | AU$6.0b | AU$7.6b | AU$157.8m | 13.5x | 38.1x | 0.8x |
Price to Earnings Ratio
38.1x
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 20.7x which is higher than its 3-year average PE of -1.2x.
- The industry is trading close to its 3-year average PS ratio of 0.60x.
Past Earnings Growth
- The earnings for companies in the Media industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have declined 10% per year.
- This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.
Industry Trends
Which industries have driven the changes within the Australian Telecom industry?
| AU Market | 3.35% | |
| Telecom | 2.15% | |
| Media | 2.66% | |
| Publishing | 12.80% | |
| Broadcasting | 2.93% | |
| Advertising | 2.14% | |
| Cable and Satellite | 0% | 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 21.7%, 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 22% 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 6.5% 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 | |
|---|---|---|---|---|---|
| OML oOh!media | AU$1.66 | 5.4% +AU$41.3m | -7.0% | PE47.7x | |
| NEC Nine Entertainment Holdings | AU$1.01 | 2.5% +AU$39.6m | -40.8% | PE11x | |
| IGL IVE Group | AU$2.92 | 2.5% +AU$10.7m | -1.4% | PE10.1x | |
| SXL Southern Cross Media Group | AU$0.55 | 0.9% +AU$2.4m | -9.9% | PE26x | |
| RLG RooLife Group | AU$0.004 | 0% AU$1.7m | -50.0% | PS1.4x |