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Australian (ASX) Broadcasting Industry Analysis

UpdatedFeb 22, 2026
DataAggregated Company Financials
Companies4
  • 7D0.08%
  • 3M-4.1%
  • 1Y-33.1%
  • YTDn/a

Last week, the Broadcasting industry hasn't moved much but Southern Cross Media Group is up 8.2% in that time. As for the longer term, the industry has declined 33% in the last year. Earnings are forecast to grow by 19% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 23 Feb 2026AU$2.2bAU$3.6bAU$106.4m32.8x20.8x0.6x
Wed, 21 Jan 2026AU$2.3bAU$3.6bAU$102.3m36.6x22.9x0.7x
Fri, 19 Dec 2025AU$2.4bAU$4.9bAU$118.9m17.1x19.8x0.5x
Sun, 16 Nov 2025AU$2.4bAU$4.9bAU$118.9m16.8x20x0.5x
Tue, 14 Oct 2025AU$2.6bAU$4.9bAU$118.9m18.8x21.9x0.5x
Thu, 11 Sep 2025AU$3.4bAU$4.9bAU$118.9m25.9x28.2x0.7x
Sat, 09 Aug 2025AU$3.3bAU$5.0b-AU$119,412,000.0029.9x-27.8x0.7x
Mon, 07 Jul 2025AU$3.2bAU$5.0b-AU$119,412,000.0028.1x-26.4x0.6x
Wed, 04 Jun 2025AU$3.2bAU$5.0b-AU$119,412,000.0028x-26.6x0.6x
Fri, 02 May 2025AU$2.9bAU$5.0b-AU$119,412,000.0024.9x-24.1x0.6x
Sun, 30 Mar 2025AU$3.1bAU$5.0b-AU$119,412,000.0028x-25.9x0.6x
Tue, 25 Feb 2025AU$3.3bAU$5.0b-AU$162,734,000.0027.9x-20.1x0.7x
Thu, 23 Jan 2025AU$2.8bAU$5.0b-AU$125,988,000.0012.3x-22.3x0.6x
Sat, 21 Dec 2024AU$2.6bAU$5.0b-AU$125,988,000.0011.4x-20.7x0.5x
Mon, 18 Nov 2024AU$2.6bAU$5.0b-AU$125,988,000.0011.3x-20.3x0.5x
Wed, 16 Oct 2024AU$2.6bAU$5.0b-AU$125,988,000.0011.7x-21x0.5x
Fri, 13 Sep 2024AU$2.6bAU$5.0b-AU$120,253,000.0017.1x-21.5x0.5x
Sun, 11 Aug 2024AU$2.9bAU$5.1bAU$170.6m20.1x17.1x0.6x
Tue, 09 Jul 2024AU$2.9bAU$5.1bAU$170.6m19.5x16.7x0.6x
Thu, 06 Jun 2024AU$3.0bAU$5.1bAU$170.6m23.1x17.7x0.6x
Sat, 04 May 2024AU$3.2bAU$5.1bAU$170.6m24.1x18.8x0.6x
Mon, 01 Apr 2024AU$3.6bAU$5.1bAU$170.6m28.2x21.1x0.7x
Wed, 28 Feb 2024AU$3.8bAU$5.1bAU$182.9m12.1x20.9x0.8x
Fri, 26 Jan 2024AU$4.2bAU$5.2bAU$186.9m12.6x22.6x0.8x
Sun, 24 Dec 2023AU$4.3bAU$5.2bAU$186.9m13x22.9x0.8x
Tue, 21 Nov 2023AU$4.1bAU$5.2bAU$186.9m12.7x22.1x0.8x
Thu, 19 Oct 2023AU$4.3bAU$5.2bAU$186.9m10.9x22.7x0.8x
Sat, 16 Sep 2023AU$4.2bAU$5.2bAU$186.9m8.9x22.7x0.8x
Mon, 14 Aug 2023AU$4.7bAU$5.3bAU$150.0m12.6x31x0.9x
Wed, 12 Jul 2023AU$4.3bAU$5.3bAU$150.0m11.5x28.9x0.8x
Fri, 09 Jun 2023AU$4.3bAU$5.3bAU$150.0m11.4x28.6x0.8x
Sun, 07 May 2023AU$4.4bAU$5.3bAU$150.0m11.7x29.2x0.8x
Tue, 04 Apr 2023AU$4.5bAU$5.3bAU$150.0m11.7x30.2x0.9x
Thu, 02 Mar 2023AU$4.5bAU$5.3bAU$153.1m11.4x29.1x0.8x
Price to Earnings Ratio

29.1x


Total Market Cap: AU$4.5bTotal Earnings: AU$153.1mTotal Revenue: AU$5.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Broadcasting Industry Price to Earnings3Y Average 7.8x202420252026
Current Industry PE
  • Investors are optimistic on the Australian Broadcasting industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 20.8x which is higher than its 3-year average PE of 7.8x.
  • The industry is trading close to its 3-year average PS ratio of 0.67x.
Past Earnings Growth
  • The earnings for companies in the Broadcasting industry have declined 11% per year over the last three years,
  • Revenues have also declined 12% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Australian Broadcasting compare with similar industries?

AU Market1.87%
Telecom3.06%
Media-0.56%
Broadcasting0.083%
Publishing14.29%
Cable and Satellite0%0
Advertising-2.03%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
SXL Southern Cross Media GroupAU$0.668.2%
+AU$23.9m		-1.5%PE49.3x
SEG Sports Entertainment GroupAU$0.3214.3%
+AU$11.2m		60.0%PS0.7x
A1N ARN MediaAU$0.375.7%
+AU$6.3m		-40.3%PS0.3x

Latest News

SEG
AU$0.32
Sports Entertainment Group
7D
14.3%
1Y
60.0%
NEC
AU$1.07
Nine Entertainment Holdings
7D
-2.3%
1Y
-38.2%

NEC: Future Returns Will Be Driven By Radio Asset Divestment

Analysts have lifted their fair value estimate for Nine Entertainment Holdings from A$2.08 to A$2.16, citing updated assumptions around discount rates, slightly softer revenue expectations, a modestly higher profit margin, and a small adjustment to future P/E multiples. What's in the News Nine Entertainment has accepted final submissions from potential purchasers for its audio division, including 2GB, 3AW, 4BC and 6PR, after keeping the expressions of interest window open an extra two weeks to accommodate late bids.
SXL
AU$0.66
Southern Cross Media Group
7D
8.2%
1Y
-1.5%
A1N
AU$0.37
ARN Media
7D
5.7%
1Y
-40.3%

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?