Is Now The Time To Look At Buying Nine Entertainment Co. Holdings Limited (ASX:NEC)?
Jan 27
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Australian (ASX) Broadcasting Industry Analysis
UpdatedJan 28, 2025
DataAggregated Company Financials
Companies5
- 7D1.0%
- 3M10.3%
- 1Y-32.4%
- YTDn/a
Over the last 7 days, the Broadcasting industry has risen 3.2%, driven by gains from Nine Entertainment Holdings of 1.5%. In contrast, the industry has lost 33% in the last 12 months. As for the next few years, earnings are expected to grow by 25% 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 |
|---|---|---|---|---|---|---|
| Tue, 28 Jan 2025 | AU$2.8b | AU$5.0b | -AU$125,988,000.00 | 12.3x | -22.1x | 0.6x |
| Thu, 26 Dec 2024 | AU$2.6b | AU$5.0b | -AU$125,988,000.00 | 11.4x | -20.9x | 0.5x |
| Sat, 23 Nov 2024 | AU$2.7b | AU$5.0b | -AU$125,988,000.00 | 11.9x | -21.5x | 0.5x |
| Mon, 21 Oct 2024 | AU$2.6b | AU$5.0b | -AU$125,988,000.00 | 11.7x | -21x | 0.5x |
| Wed, 18 Sep 2024 | AU$2.6b | AU$5.0b | -AU$120,253,000.00 | 16.5x | -21.6x | 0.5x |
| Fri, 16 Aug 2024 | AU$2.8b | AU$5.0b | AU$130.6m | 19.3x | 21.5x | 0.6x |
| Sun, 14 Jul 2024 | AU$2.9b | AU$5.1b | AU$170.6m | 20.4x | 17.1x | 0.6x |
| Tue, 11 Jun 2024 | AU$3.0b | AU$5.1b | AU$170.6m | 22.8x | 17.4x | 0.6x |
| Thu, 09 May 2024 | AU$3.3b | AU$5.1b | AU$170.6m | 25x | 19.3x | 0.6x |
| Sat, 06 Apr 2024 | AU$3.5b | AU$5.1b | AU$170.6m | 27.5x | 20.6x | 0.7x |
| Mon, 04 Mar 2024 | AU$3.6b | AU$5.1b | AU$170.6m | 27.8x | 21.2x | 0.7x |
| Wed, 31 Jan 2024 | AU$4.2b | AU$5.2b | AU$186.9m | 12.3x | 22.4x | 0.8x |
| Fri, 29 Dec 2023 | AU$4.3b | AU$5.2b | AU$186.9m | 12.5x | 23.1x | 0.8x |
| Sun, 26 Nov 2023 | AU$4.1b | AU$5.2b | AU$186.9m | 12.9x | 21.9x | 0.8x |
| Tue, 24 Oct 2023 | AU$4.1b | AU$5.2b | AU$186.9m | 11.5x | 22.2x | 0.8x |
| Thu, 21 Sep 2023 | AU$4.3b | AU$5.2b | AU$186.9m | 9.5x | 23x | 0.8x |
| Sat, 19 Aug 2023 | AU$4.4b | AU$5.2b | AU$265.3m | 10.9x | 16.4x | 0.8x |
| Mon, 17 Jul 2023 | AU$4.6b | AU$5.3b | AU$150.0m | 12.4x | 30.7x | 0.9x |
| Wed, 14 Jun 2023 | AU$4.4b | AU$5.3b | AU$150.0m | 11.6x | 29.1x | 0.8x |
| Fri, 12 May 2023 | AU$4.4b | AU$5.3b | AU$150.0m | 11.7x | 29.3x | 0.8x |
| Sun, 09 Apr 2023 | AU$4.6b | AU$5.3b | AU$150.0m | 12.2x | 30.9x | 0.9x |
| Tue, 07 Mar 2023 | AU$4.5b | AU$5.3b | AU$150.0m | 11.5x | 30x | 0.9x |
| Thu, 02 Feb 2023 | AU$4.9b | AU$5.1b | AU$388.9m | 11.5x | 12.5x | 0.9x |
| Sat, 31 Dec 2022 | AU$4.3b | AU$5.1b | AU$388.9m | 10x | 11.2x | 0.8x |
| Mon, 28 Nov 2022 | AU$4.9b | AU$5.1b | AU$388.9m | 11.3x | 12.5x | 0.9x |
| Wed, 26 Oct 2022 | AU$4.9b | AU$5.1b | AU$388.9m | 12.2x | 12.7x | 1x |
| Fri, 23 Sep 2022 | AU$4.9b | AU$5.1b | AU$388.9m | 12.2x | 12.7x | 1x |
| Sun, 21 Aug 2022 | AU$5.1b | AU$5.0b | AU$478.5m | 14.6x | 10.7x | 1x |
| Tue, 19 Jul 2022 | AU$4.5b | AU$4.8b | AU$572.7m | 15.5x | 7.8x | 0.9x |
| Thu, 16 Jun 2022 | AU$4.4b | AU$4.8b | AU$572.7m | 15.7x | 7.7x | 0.9x |
| Sat, 14 May 2022 | AU$6.3b | AU$5.0b | AU$592.2m | 16.9x | 10.7x | 1.3x |
| Mon, 11 Apr 2022 | AU$7.3b | AU$5.0b | AU$592.2m | 19.2x | 12.3x | 1.5x |
| Wed, 09 Mar 2022 | AU$6.7b | AU$5.0b | AU$592.2m | 17.9x | 11.3x | 1.3x |
| Fri, 04 Feb 2022 | AU$6.9b | AU$4.6b | AU$584.1m | 15.1x | 11.8x | 1.5x |
Price to Earnings Ratio
11.8x
Current Industry PE
- Investors are pessimistic on the Australian Broadcasting industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading close to its 3-year average PS ratio of 0.85x.
Past Earnings Growth
- Total earnings for the Broadcasting industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 2.9% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Australian Broadcasting compare with similar industries?
| AU Market | 0.13% | |
| Telecom | -0.094% | |
| Media | -0.023% | |
| Broadcasting | 1.05% | |
| Publishing | 0% | 0 |
| Cable and Satellite | 0% | 0 |
| Advertising | -2.38% | |
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$1.35 | 1.5% +AU$31.7m | -31.9% | PE19.2x | |
| SXL Southern Cross Media Group | AU$0.62 | 2.5% +AU$3.6m | -36.7% | PS0.3x |