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Australian (ASX) Broadcasting Industry Analysis

UpdatedAug 19, 2026
DataAggregated Company Financials
Companies4
  • 7D-2.0%
  • 3M4.2%
  • 1Y-38.3%
  • YTDn/a

Over the last 7 days, the Broadcasting industry has dropped 2.0%, driven by a pullback from Nine Entertainment Holdings of 3.5%. Meanwhile, Southern Cross Media Group actually outperformed within the industry, gaining 6.5% in the last week. Overall the industry is down 38% in 12 months. As for the next few years, earnings are expected to grow by 9.5% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 19 Aug 2026AU$2.0bAU$4.2bAU$145.8m13.5x13.6x0.5x
Fri, 17 Jul 2026AU$2.0bAU$3.5bAU$159.6m16.3x12.5x0.6x
Sun, 14 Jun 2026AU$1.9bAU$3.5bAU$159.6m14.1x11.7x0.5x
Tue, 12 May 2026AU$2.0bAU$3.5bAU$159.6m16.6x12.4x0.6x
Thu, 09 Apr 2026AU$2.0bAU$3.5bAU$159.6m12.8x12.5x0.6x
Sat, 07 Mar 2026AU$2.1bAU$3.5bAU$159.6m23x13x0.6x
Mon, 02 Feb 2026AU$2.3bAU$3.6bAU$102.3m32.6x22.6x0.6x
Wed, 31 Dec 2025AU$2.3bAU$4.9bAU$118.9m16.8x19.6x0.5x
Fri, 28 Nov 2025AU$2.4bAU$4.9bAU$118.9m16.7x19.9x0.5x
Sun, 26 Oct 2025AU$2.6bAU$4.9bAU$118.9m18.4x21.6x0.5x
Tue, 23 Sep 2025AU$2.5bAU$4.9bAU$118.9m17.7x21x0.5x
Thu, 21 Aug 2025AU$3.4bAU$5.0b-AU$111,288,000.0030.4x-30.5x0.7x
Sat, 19 Jul 2025AU$3.3bAU$5.0b-AU$119,412,000.0029.6x-27.6x0.7x
Mon, 16 Jun 2025AU$3.2bAU$5.0b-AU$119,412,000.0028.4x-26.9x0.6x
Wed, 14 May 2025AU$3.1bAU$5.0b-AU$119,412,000.0026.5x-25.6x0.6x
Fri, 11 Apr 2025AU$2.8bAU$5.0b-AU$119,412,000.0024.4x-23.5x0.6x
Sun, 09 Mar 2025AU$3.2bAU$5.0b-AU$119,412,000.0028.9x-26.9x0.6x
Tue, 04 Feb 2025AU$2.7bAU$5.0b-AU$125,988,000.0012x-21.5x0.5x
Thu, 02 Jan 2025AU$2.6bAU$5.0b-AU$125,988,000.0011.3x-20.7x0.5x
Sat, 30 Nov 2024AU$2.6bAU$5.0b-AU$125,988,000.0011.5x-20.9x0.5x
Mon, 28 Oct 2024AU$2.6bAU$5.0b-AU$125,988,000.0011.5x-20.7x0.5x
Wed, 25 Sep 2024AU$2.6bAU$5.0b-AU$125,988,000.0011.7x-20.6x0.5x
Fri, 23 Aug 2024AU$2.8bAU$5.0bAU$83.5m18.2x33.4x0.6x
Sun, 21 Jul 2024AU$2.9bAU$5.1bAU$170.6m18.5x17.2x0.6x
Tue, 18 Jun 2024AU$3.0bAU$5.1bAU$170.6m21.4x17.4x0.6x
Thu, 16 May 2024AU$3.3bAU$5.1bAU$170.6m25.5x19.4x0.7x
Sat, 13 Apr 2024AU$3.4bAU$5.1bAU$170.6m26.4x20.1x0.7x
Mon, 11 Mar 2024AU$3.5bAU$5.1bAU$170.6m27.3x20.6x0.7x
Wed, 07 Feb 2024AU$4.1bAU$5.2bAU$186.9m12.8x22.1x0.8x
Fri, 05 Jan 2024AU$4.2bAU$5.2bAU$186.9m11.8x22.5x0.8x
Sun, 03 Dec 2023AU$4.1bAU$5.2bAU$186.9m13x21.8x0.8x
Tue, 31 Oct 2023AU$3.9bAU$5.2bAU$186.9m11.2x21x0.8x
Thu, 28 Sep 2023AU$4.3bAU$5.2bAU$186.9m9.2x23x0.8x
Sat, 26 Aug 2023AU$4.2bAU$5.2bAU$196.2m13.6x21.5x0.8x
Price to Earnings Ratio

21.5x


Total Market Cap: AU$4.2bTotal Earnings: AU$196.2mTotal Revenue: AU$5.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Broadcasting Industry Price to Earnings3Y Average 5x202420252026
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 13.6x which is higher than its 3-year average PE of 5.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.62x.
Past Earnings Growth
  • The earnings for companies in the Broadcasting industry have declined 9.4% per year over the last three years,
  • Revenues have also declined 6.9% 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 Market-1.70%
Telecom-2.96%
Media-1.12%
Broadcasting-1.97%
Advertising0.33%
Cable and Satellite0%0
Publishing-17.55%
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$0.576.5%
+AU$16.8m		-12.9%PS0.2x
A1N ARN MediaAU$0.264.1%
+AU$3.1m		-44.0%PE16.3x

Latest News

SXL
AU$0.57
Southern Cross Media Group
7D
6.5%
1Y
-12.9%
Narrative Update • Aug 18

SXL: Higher Discount Rate Will Pressure Thin Profit Margins

Analysts have reset their price target on Southern Cross Media Group from A$0.65 to A$0.50, reflecting updated assumptions around a higher discount rate, different revenue growth expectations, a lower profit margin outlook, and a higher future P/E multiple. What’s in the News for Southern Cross Media Group No recent primary news items are available for Southern Cross Media Group as of 17 Aug 2026 based on the sources provided.
SEG
AU$0.29
Sports Entertainment Group
7D
-4.9%
1Y
-3.3%
A1N
AU$0.26
ARN Media
7D
4.1%
1Y
-44.0%
Narrative Update • Jul 24

A1N: Future Legal Settlement Cash Outflows Will Pressure Profit Margins

Analysts have revised their fair value estimate for ARN Media from A$0.37 to A$0.20, citing updated assumptions around discount rates, revenue trends, profit margins and future P/E expectations. What’s in the News for ARN Media ARN Media entered a binding settlement with Kyle Sandilands that fully resolves all outstanding legal proceedings, including previously announced Federal Court matters.
NEC
AU$0.97
Nine Entertainment Holdings
7D
-3.5%
1Y
-42.1%
Narrative Update • Jun 16

NEC: Special Meeting And Refined Outlook Will Guide Fairly Balanced Prospects

Analysts have marginally increased their price target for Nine Entertainment Holdings to A$1.00 from A$0.97, citing minor changes to the discount rate, long-term revenue growth expectations, profit margin assumptions and the future P/E multiple in their models. What's in the News for Nine Entertainment Holdings Nine Entertainment Holdings has scheduled a Special and Extraordinary Shareholders Meeting for May 21, 2026, at 09:00 Eastern Australia Standard Time.