Does Seven West Media (ASX:SWM) Have A Healthy Balance Sheet?
Apr 22
Australian (ASX) Media Industry Analysis
UpdatedApr 22, 2024
DataAggregated Company Financials
Companies15
- 7D-5.2%
- 3M-16.6%
- 1Y-23.1%
- YTD-17.7%
Over the last 7 days, the Media industry has dropped 5.2%, driven by Nine Entertainment Holdings declining 1.0%. Meanwhile, Seven West Media actually outperformed within the industry, gaining 14% in the last week. The industry has fallen 23% in the last year. Earnings are forecast to grow by 22% 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 |
|---|---|---|---|---|---|---|
| Tue, 23 Apr 2024 | AU$4.8b | AU$7.8b | AU$244.2m | 21.9x | 19.5x | 0.6x |
| Thu, 21 Mar 2024 | AU$5.2b | AU$7.8b | AU$244.2m | 24.3x | 21.3x | 0.7x |
| Sat, 17 Feb 2024 | AU$5.5b | AU$7.7b | AU$224.3m | 16.7x | 24.5x | 0.7x |
| Mon, 15 Jan 2024 | AU$5.7b | AU$7.8b | AU$284.8m | 14.9x | 20.1x | 0.7x |
| Wed, 13 Dec 2023 | AU$5.6b | AU$7.8b | AU$285.6m | 14.8x | 19.5x | 0.7x |
| Fri, 10 Nov 2023 | AU$5.5b | AU$7.8b | AU$285.3m | 14.5x | 19.1x | 0.7x |
| Sun, 08 Oct 2023 | AU$5.4b | AU$7.8b | AU$285.3m | 12.4x | 19x | 0.7x |
| Tue, 05 Sep 2023 | AU$5.8b | AU$7.8b | AU$285.3m | 14x | 20.3x | 0.7x |
| Thu, 03 Aug 2023 | AU$6.1b | AU$7.7b | AU$217.5m | 13.6x | 28.2x | 0.8x |
| Sat, 01 Jul 2023 | AU$5.7b | AU$7.7b | AU$217.6m | 13.1x | 26.1x | 0.7x |
| Mon, 29 May 2023 | AU$5.7b | AU$7.7b | AU$218.3m | 12.6x | 26.1x | 0.7x |
| Wed, 26 Apr 2023 | AU$6.3b | AU$7.7b | AU$218.3m | 13.9x | 29.1x | 0.8x |
| Fri, 24 Mar 2023 | AU$6.1b | AU$7.7b | AU$217.9m | 13.3x | 28.1x | 0.8x |
| Sun, 19 Feb 2023 | AU$6.6b | AU$7.4b | AU$423.8m | 13.7x | 15.5x | 0.9x |
| Tue, 17 Jan 2023 | AU$6.4b | AU$7.2b | AU$431.6m | 13.4x | 14.9x | 0.9x |
| Thu, 15 Dec 2022 | AU$6.4b | AU$7.2b | AU$431.6m | 13.1x | 14.9x | 0.9x |
| Sat, 12 Nov 2022 | AU$6.7b | AU$7.2b | AU$431.6m | 14.7x | 15.4x | 0.9x |
| Mon, 10 Oct 2022 | AU$6.4b | AU$7.2b | AU$431.6m | 12.9x | 14.9x | 0.9x |
| Wed, 07 Sep 2022 | AU$6.9b | AU$7.2b | AU$431.6m | 13.5x | 16x | 1x |
| Fri, 05 Aug 2022 | AU$6.8b | AU$6.7b | AU$567.3m | 22.2x | 12x | 1x |
| Sun, 03 Jul 2022 | AU$5.9b | AU$6.7b | AU$567.2m | 19.5x | 10.3x | 0.9x |
| Tue, 31 May 2022 | AU$7.3b | AU$6.7b | AU$567.3m | 22.9x | 12.8x | 1.1x |
| Thu, 28 Apr 2022 | AU$8.7b | AU$6.9b | AU$587.3m | 25.3x | 14.8x | 1.3x |
| Sat, 26 Mar 2022 | AU$9.3b | AU$6.9b | AU$557.8m | 26.2x | 16.7x | 1.4x |
| Mon, 21 Feb 2022 | AU$9.0b | AU$6.6b | AU$550.4m | 21.8x | 16.3x | 1.4x |
| Wed, 19 Jan 2022 | AU$9.1b | AU$6.4b | AU$546.4m | 20.9x | 16.6x | 1.4x |
| Fri, 17 Dec 2021 | AU$9.2b | AU$6.4b | AU$547.1m | 18.2x | 16.8x | 1.4x |
| Sun, 14 Nov 2021 | AU$9.8b | AU$6.4b | AU$547.2m | 19.6x | 17.9x | 1.5x |
| Tue, 12 Oct 2021 | AU$8.6b | AU$6.4b | AU$547.2m | 15.5x | 15.7x | 1.3x |
| Thu, 09 Sep 2021 | AU$8.3b | AU$6.4b | AU$547.2m | 14.3x | 15.1x | 1.3x |
| Sat, 07 Aug 2021 | AU$8.4b | AU$6.4b | AU$547.2m | 11.7x | 15.3x | 1.3x |
| Fri, 30 Apr 2021 | AU$8.7b | AU$6.1b | AU$4.7m | 15.2x | 1823.8x | 1.4x |
Price to Earnings Ratio
1823.8x
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 19.5x which is lower than its 3-year average PE of 119x.
- The 3-year average PS ratio of 1.0x is higher than the industry's current PS ratio of 0.61x.
Past Earnings Growth
- The earnings for companies in the Media industry have grown 272% per year over the last three years.
- Revenues for these companies have grown 8.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Australian Telecom industry?
| AU Market | -2.96% | |
| Telecom | -2.79% | |
| Media | -5.16% | |
| Publishing | 0% | |
| Cable and Satellite | 0% | |
| Advertising | -4.93% | |
| Broadcasting | -5.31% | |
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 28.4%, which is higher than its past year's earnings growth of 15.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Advertising industry, expecting annual earnings growth of 28% over the next 5 years.
- This is better than its past earnings growth rate of 15% 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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SWM Seven West Media | AU$0.21 | 13.5% +AU$37.9m | -47.5% | PE3.7x | |
| OML oOh!media | AU$1.67 | 0.9% +AU$8.1m | 1.2% | PE26x | |
| IGL IVE Group | AU$2.11 | 1.9% +AU$6.2m | -13.2% | PE21.8x | |
| UNT Unith | AU$0.014 | 7.7% +AU$1.2m | -50.0% | PS3.9x |
