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Australian (ASX) Media Industry Analysis

UpdatedJun 25, 2026
DataAggregated Company Financials
Companies13
  • 7D-2.1%
  • 3M10.1%
  • 1Y-30.8%
  • YTD-14.0%

Over the last 7 days, the Media industry has dropped 2.1%, driven by Nine Entertainment Holdings declining 3.7%. In contrast, IVE Group has gained 9.7%. The industry has fallen 31% in the last year. Looking forward, earnings are forecast to grow by 13% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 25 Jun 2026AU$3.1bAU$5.5bAU$161.2m16x19.3x0.6x
Sat, 23 May 2026AU$3.1bAU$5.5bAU$159.7m15.3x19.5x0.6x
Mon, 20 Apr 2026AU$3.0bAU$5.5bAU$159.7m16.2x18.8x0.5x
Wed, 18 Mar 2026AU$2.8bAU$5.5bAU$159.7m21.7x17.7x0.5x
Fri, 13 Feb 2026AU$3.5bAU$5.5bAU$148.0m24.5x23.7x0.6x
Sun, 11 Jan 2026AU$3.5bAU$5.5bAU$148.0m22.8x23.5x0.6x
Tue, 09 Dec 2025AU$3.7bAU$6.8bAU$164.6m17.2x22.3x0.5x
Thu, 06 Nov 2025AU$3.8bAU$6.8bAU$165.7m17.2x22.8x0.6x
Sat, 04 Oct 2025AU$4.0bAU$6.8bAU$165.7m19.3x24.4x0.6x
Mon, 01 Sep 2025AU$4.8bAU$6.8bAU$165.7m25.5x29x0.7x
Wed, 30 Jul 2025AU$4.9bAU$7.6b-AU$79,252,420.0026.1x-62x0.6x
Fri, 27 Jun 2025AU$4.7bAU$7.6b-AU$79,252,420.0026.2x-59x0.6x
Sun, 25 May 2025AU$4.7bAU$7.6b-AU$80,024,420.0025.9x-58.1x0.6x
Tue, 22 Apr 2025AU$4.1bAU$7.6b-AU$80,024,420.0022.3x-51.4x0.5x
Thu, 20 Mar 2025AU$4.6bAU$7.6b-AU$80,024,420.0024.7x-57x0.6x
Sat, 15 Feb 2025AU$4.3bAU$7.6b-AU$149,352,159.2520.4x-28.9x0.6x
Mon, 13 Jan 2025AU$3.9bAU$7.6b-AU$112,572,401.7918.4x-34.8x0.5x
Wed, 11 Dec 2024AU$3.9bAU$7.6b-AU$112,546,039.3518.1x-34.8x0.5x
Fri, 08 Nov 2024AU$3.7bAU$7.6b-AU$113,101,542.2915.8x-32.3x0.5x
Sun, 06 Oct 2024AU$3.9bAU$7.6b-AU$113,091,081.3416.3x-34.5x0.5x
Tue, 03 Sep 2024AU$4.1bAU$7.7b-AU$107,255,860.2418x-38.3x0.5x
Thu, 01 Aug 2024AU$4.4bAU$7.7bAU$243.4m21.2x18.2x0.6x
Sat, 29 Jun 2024AU$4.2bAU$7.7bAU$243.5m20.4x17.3x0.5x
Mon, 27 May 2024AU$4.5bAU$7.7bAU$244.2m21.7x18.6x0.6x
Wed, 24 Apr 2024AU$4.9bAU$7.8bAU$244.2m21.9x19.9x0.6x
Fri, 22 Mar 2024AU$5.4bAU$7.8bAU$244.2m24x21.9x0.7x
Sun, 18 Feb 2024AU$5.5bAU$7.7bAU$224.3m16.7x24.5x0.7x
Tue, 16 Jan 2024AU$5.8bAU$7.8bAU$284.8m14.6x20.2x0.7x
Thu, 14 Dec 2023AU$5.5bAU$7.8bAU$285.5m14.7x19.3x0.7x
Sat, 11 Nov 2023AU$5.4bAU$7.8bAU$285.2m14.3x19x0.7x
Mon, 09 Oct 2023AU$5.4bAU$7.8bAU$285.3m12.4x19x0.7x
Wed, 06 Sep 2023AU$5.8bAU$7.8bAU$285.3m13.9x20.4x0.7x
Fri, 04 Aug 2023AU$6.1bAU$7.7bAU$217.5m13.5x28.2x0.8x
Sun, 02 Jul 2023AU$5.7bAU$7.7bAU$217.6m13.1x26.1x0.7x
Price to Earnings Ratio

26.1x


Total Market Cap: AU$5.7bTotal Earnings: AU$217.6mTotal Revenue: AU$7.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Media Industry Price to Earnings3Y Average -0.9x202420252026
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 19.3x which is higher than its 3-year average PE of -0.89x.
  • The industry is trading close to its 3-year average PS ratio of 0.61x.
Past Earnings Growth
  • The earnings for companies in the Media industry have declined 9.5% per year over the last three years,
  • Revenues have also declined 10% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Australian Telecom industry?

AU Market-1.77%
Telecom-2.57%
Media-2.13%
Advertising0.81%
Cable and Satellite0%0
Publishing-2.42%
Broadcasting-3.97%
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 21.6%, which is higher than its past year's earnings decline of 24.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Advertising industry, expecting annual earnings growth of 22% over the next 5 years.
  • This is better than its past earnings decline of 24% per year.
  • In contrast, the Broadcasting industry is expected to see its earnings grow by 7.5% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
IGL IVE GroupAU$2.839.3%
+AU$36.6m		1.4%PE9.8x
GTN GTNAU$0.208.3%
+AU$2.9m		-68.5%PS0.2x
RLG RooLife GroupAU$0.00350.0%
+AU$1.9m		-25.0%PS0.8x
ASP AspermontAU$1.613.9%
+AU$698.7k		28.8%PS1.2x

Latest News

OML
AU$1.45
oOh!media
7D
-1.7%
1Y
-15.7%
Narrative Update • Jun 24

OML: Competing Takeover Offers Will Anchor A Measured Outlook

Analysts have adjusted their valuation view on oOh!media, with a slightly lower discount rate and a marginally reduced future P/E assumption. This has led to a modest change in the A$ fair value narrative, while the core A$1.58 target remains unchanged.
A1N
AU$0.24
ARN Media
7D
-10.9%
1Y
-48.4%
NEC
AU$0.89
Nine Entertainment Holdings
7D
-3.3%
1Y
-44.3%
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.
SXL
AU$0.56
Southern Cross Media Group
7D
-3.4%
1Y
4.6%
ASP
AU$1.61
Aspermont
7D
3.9%
1Y
28.8%
GTN
AU$0.20
GTN
7D
8.3%
1Y
-68.5%
EGG
AU$0.29
Enero Group
7D
-19.2%
1Y
-56.3%
SEG
AU$0.33
Sports Entertainment Group
7D
-4.4%
1Y
20.4%
MXO
AU$0.046
Motio
7D
-4.2%
1Y
9.5%
RLG
AU$0.003
RooLife Group
7D
50.0%
1Y
-25.0%
IGL
AU$2.83
IVE Group
7D
9.3%
1Y
1.4%
UNT
AU$0.009
Unith
7D
-21.7%
1Y
28.6%