What Does Nine Entertainment Co. Holdings Limited's (ASX:NEC) Share Price Indicate?
Feb 02
Have your own idea? Try our Stock Screener
Australian (ASX) Broadcasting Industry Analysis
UpdatedFeb 04, 2026
DataAggregated Company Financials
Companies4
- 7D6.8%
- 3M-1.1%
- 1Y-6.4%
- YTDn/a
Over the last 7 days, the Broadcasting industry has risen 7.9%, driven by gains from Nine Entertainment Holdings of 10%. Meanwhile, Southern Cross Media Group actually underperformed within the industry, shrinking 11% in the last week. However, the industry is down 7.6% over the past year. As for the next few years, earnings are expected to grow by 19% per annum.
Industry Valuation and Performance
Has the Australian Broadcasting Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 04 Feb 2026 | AU$2.4b | AU$3.6b | AU$102.3m | 32.3x | 23.7x | 0.7x |
| Fri, 02 Jan 2026 | AU$2.3b | AU$4.9b | AU$118.9m | 16.9x | 19.7x | 0.5x |
| Sun, 30 Nov 2025 | AU$2.4b | AU$4.9b | AU$118.9m | 16.6x | 19.8x | 0.5x |
| Tue, 28 Oct 2025 | AU$2.6b | AU$4.9b | AU$118.9m | 18.4x | 21.7x | 0.5x |
| Thu, 25 Sep 2025 | AU$2.5b | AU$4.9b | AU$118.9m | 17.8x | 21.1x | 0.5x |
| Sat, 23 Aug 2025 | AU$3.4b | AU$5.0b | -AU$111,288,000.00 | 30x | -30.1x | 0.7x |
| Mon, 21 Jul 2025 | AU$3.3b | AU$5.0b | -AU$119,412,000.00 | 29.6x | -27.6x | 0.7x |
| Wed, 18 Jun 2025 | AU$3.2b | AU$5.0b | -AU$119,412,000.00 | 28.2x | -26.6x | 0.6x |
| Fri, 16 May 2025 | AU$3.1b | AU$5.0b | -AU$119,412,000.00 | 29.8x | -25.8x | 0.6x |
| Sun, 13 Apr 2025 | AU$2.7b | AU$5.0b | -AU$119,412,000.00 | 24.4x | -23x | 0.5x |
| Tue, 11 Mar 2025 | AU$3.2b | AU$5.0b | -AU$119,412,000.00 | 28x | -26.5x | 0.6x |
| Thu, 06 Feb 2025 | AU$2.7b | AU$5.0b | -AU$125,988,000.00 | 12x | -21.6x | 0.5x |
| Sat, 04 Jan 2025 | AU$2.6b | AU$5.0b | -AU$125,988,000.00 | 11.5x | -20.9x | 0.5x |
| Mon, 02 Dec 2024 | AU$2.6b | AU$5.0b | -AU$125,988,000.00 | 11.5x | -20.9x | 0.5x |
| Wed, 30 Oct 2024 | AU$2.5b | AU$5.0b | -AU$125,988,000.00 | 11.2x | -20.2x | 0.5x |
| Fri, 27 Sep 2024 | AU$2.8b | AU$5.0b | -AU$125,988,000.00 | 12.4x | -21.8x | 0.5x |
| Sun, 25 Aug 2024 | AU$2.8b | AU$5.0b | AU$83.5m | 17.9x | 33.8x | 0.6x |
| Tue, 23 Jul 2024 | AU$2.9b | AU$5.1b | AU$170.6m | 18.4x | 17x | 0.6x |
| Thu, 20 Jun 2024 | AU$2.9b | AU$5.1b | AU$170.6m | 19.9x | 17.1x | 0.6x |
| Sat, 18 May 2024 | AU$3.3b | AU$5.1b | AU$170.6m | 25.6x | 19.5x | 0.7x |
| Mon, 15 Apr 2024 | AU$3.4b | AU$5.1b | AU$170.6m | 26.4x | 20.1x | 0.7x |
| Wed, 13 Mar 2024 | AU$3.5b | AU$5.1b | AU$170.6m | 27.1x | 20.5x | 0.7x |
| Fri, 09 Feb 2024 | AU$4.1b | AU$5.2b | AU$186.9m | 12.6x | 22.1x | 0.8x |
| Sun, 07 Jan 2024 | AU$4.2b | AU$5.2b | AU$186.9m | 11.7x | 22.5x | 0.8x |
| Tue, 05 Dec 2023 | AU$4.1b | AU$5.2b | AU$186.9m | 12.8x | 22.1x | 0.8x |
| Thu, 02 Nov 2023 | AU$4.0b | AU$5.2b | AU$186.9m | 11.4x | 21.1x | 0.8x |
| Sat, 30 Sep 2023 | AU$4.3b | AU$5.2b | AU$186.9m | 9.5x | 23.1x | 0.8x |
| Mon, 28 Aug 2023 | AU$4.2b | AU$5.2b | AU$196.2m | 13.6x | 21.5x | 0.8x |
| Wed, 26 Jul 2023 | AU$4.4b | AU$5.3b | AU$150.0m | 11.8x | 29.6x | 0.8x |
| Fri, 23 Jun 2023 | AU$4.4b | AU$5.3b | AU$150.0m | 11.8x | 29.6x | 0.8x |
| Sun, 21 May 2023 | AU$4.4b | AU$5.3b | AU$150.0m | 11.8x | 29.5x | 0.8x |
| Tue, 18 Apr 2023 | AU$4.7b | AU$5.3b | AU$150.0m | 12.4x | 31.1x | 0.9x |
| Thu, 16 Mar 2023 | AU$4.4b | AU$5.3b | AU$150.0m | 11.3x | 29.1x | 0.8x |
| Sat, 11 Feb 2023 | AU$4.9b | AU$5.1b | AU$388.9m | 11.8x | 12.7x | 1x |
Price to Earnings Ratio
12.7x
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 23.8x which is higher than its 3-year average PE of 7.7x.
- 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 36% per year over the last three years,
- Revenues have also declined 11% 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 | -1.35% | |
| Telecom | -1.13% | |
| Media | 3.30% | |
| Broadcasting | 6.76% | |
| Publishing | 12.50% | |
| Cable and Satellite | 0% | 0 |
| Advertising | -3.02% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NEC Nine Entertainment Holdings | AU$1.21 | 10.0% +AU$174.2m | -7.3% | PE18.4x | |
| A1N ARN Media | AU$0.40 | 8.2% +AU$9.4m | -38.8% | PS0.3x | |
| SEG Sports Entertainment Group | AU$0.29 | 3.6% +AU$2.8m | 31.8% | PS0.7x |