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Australian (ASX) Media Industry Analysis

UpdatedJun 07, 2026
DataAggregated Company Financials
Companies13
  • 7D-4.4%
  • 3M-3.6%
  • 1Y-33.4%
  • YTD-16.8%

Over the last 7 days, the Media industry has dropped 4.4%, driven by Nine Entertainment Holdings declining 3.7%. However, the industry is down 33% over the past year. As for the next few years, earnings are expected to grow by 12% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 08 Jun 2026AU$3.0bAU$5.5bAU$161.2m14.6x18.7x0.5x
Wed, 06 May 2026AU$3.1bAU$5.5bAU$159.7m16.9x19.2x0.6x
Fri, 03 Apr 2026AU$2.9bAU$5.5bAU$159.7m15.2x18.5x0.5x
Sun, 01 Mar 2026AU$3.3bAU$5.5bAU$157.8m22.4x21.1x0.6x
Tue, 27 Jan 2026AU$3.6bAU$5.5bAU$148.0m26.8x24.1x0.7x
Thu, 25 Dec 2025AU$3.7bAU$6.8bAU$164.6m17.4x22.4x0.5x
Sat, 22 Nov 2025AU$3.6bAU$6.8bAU$165.7m16.5x21.5x0.5x
Mon, 20 Oct 2025AU$3.9bAU$6.8bAU$165.7m18.4x23.3x0.6x
Wed, 17 Sep 2025AU$3.9bAU$6.8bAU$165.7m18x23.6x0.6x
Fri, 15 Aug 2025AU$4.8bAU$7.6b-AU$71,128,420.0019.6x-67.6x0.6x
Sun, 13 Jul 2025AU$4.8bAU$7.6b-AU$79,252,420.0026.3x-60.6x0.6x
Tue, 10 Jun 2025AU$4.7bAU$7.6b-AU$79,252,420.0025.1x-58.9x0.6x
Thu, 08 May 2025AU$4.5bAU$7.6b-AU$80,024,420.0025x-56.8x0.6x
Sat, 05 Apr 2025AU$4.3bAU$7.6b-AU$80,024,420.0023.2x-53.9x0.6x
Mon, 03 Mar 2025AU$4.7bAU$7.6b-AU$80,024,420.0025.2x-58.6x0.6x
Wed, 29 Jan 2025AU$4.0bAU$7.6b-AU$112,567,461.2118.4x-35.5x0.5x
Fri, 27 Dec 2024AU$3.9bAU$7.6b-AU$112,563,642.1317.8x-34.3x0.5x
Sun, 24 Nov 2024AU$3.9bAU$7.6b-AU$113,111,380.9315.2x-34.9x0.5x
Tue, 22 Oct 2024AU$3.9bAU$7.6b-AU$113,109,454.5316.3x-34.5x0.5x
Thu, 19 Sep 2024AU$3.9bAU$7.6b-AU$107,377,087.7516.6x-36.2x0.5x
Sat, 17 Aug 2024AU$4.3bAU$7.7bAU$128.7m21.5x33.2x0.6x
Mon, 15 Jul 2024AU$4.3bAU$7.7bAU$243.5m21.2x17.5x0.5x
Wed, 12 Jun 2024AU$4.3bAU$7.7bAU$243.4m21.4x17.7x0.6x
Fri, 10 May 2024AU$4.8bAU$7.7bAU$244.2m21.4x19.8x0.6x
Sun, 07 Apr 2024AU$5.1bAU$7.8bAU$244.2m23.9x21.1x0.7x
Tue, 05 Mar 2024AU$5.2bAU$7.7bAU$244.2m24.1x21.4x0.7x
Thu, 01 Feb 2024AU$5.8bAU$7.8bAU$284.8m15.3x20.3x0.7x
Sat, 30 Dec 2023AU$5.9bAU$7.8bAU$284.8m15.2x20.5x0.8x
Mon, 27 Nov 2023AU$5.5bAU$7.8bAU$285.3m15x19.3x0.7x
Wed, 25 Oct 2023AU$5.4bAU$7.8bAU$285.3m13.6x19x0.7x
Fri, 22 Sep 2023AU$5.7bAU$7.8bAU$285.3m12.9x19.9x0.7x
Sun, 20 Aug 2023AU$5.8bAU$7.7bAU$363.9m11.8x16x0.8x
Tue, 18 Jul 2023AU$6.0bAU$7.7bAU$217.6m13.5x27.7x0.8x
Thu, 15 Jun 2023AU$5.8bAU$7.7bAU$216.4m13.2x26.7x0.8x
Price to Earnings Ratio

26.7x


Total Market Cap: AU$5.8bTotal Earnings: AU$216.4mTotal Revenue: AU$7.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Media Industry Price to Earnings3Y Average -0.8x202420252026
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 18.7x which is higher than its 3-year average PE of -0.77x.
  • 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 9.3% 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-1.23%
Telecom-0.98%
Media-4.38%
Cable and Satellite0%0
Publishing-2.63%
Broadcasting-3.51%
Advertising-5.91%
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 7.4% 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
SEG Sports Entertainment GroupAU$0.323.2%
+AU$2.8m		36.2%PS0.7x
GTN GTNAU$0.215.0%
+AU$1.9m		-67.7%PS0.2x

Latest News

OML
AU$1.26
oOh!media
7D
-7.0%
1Y
-23.0%
Narrative Update • Jun 05

OML: Competing Takeover Interest Will Support Future Upside Potential

Analysts have lifted their A$ fair value estimate for oOh!media from about A$1.49 to around A$1.58, citing updated assumptions for discount rates, revenue growth, profit margins and future P/E multiples as key drivers of the revised price target. What's in the News Pacific Equity Partners (PEP) made an unsolicited, non binding indicative proposal on April 29, 2026 to acquire oOh!media for approximately A$750 million, or A$1.40 per share, subject to due diligence, board support, a scheme implementation deed and regulatory approvals.
ASP
AU$1.85
Aspermont
7D
-2.6%
1Y
-7.5%
NEC
AU$0.92
Nine Entertainment Holdings
7D
-3.7%
1Y
-42.9%
Narrative Update • Jun 02

NEC: Special Meeting And Revised Outlook Will Shape Fairly Balanced Prospects

Analysts have adjusted their fair value estimate for Nine Entertainment Holdings from A$1.13 to A$0.97, citing updated assumptions around discount rates, revenue trends, profit margins and future P/E expectations. What's in the News Nine Entertainment Holdings has scheduled a special or extraordinary shareholders meeting for May 21, 2026, at 09:00 E.
GTN
AU$0.21
GTN
7D
5.0%
1Y
-67.7%
EGG
AU$0.29
Enero Group
7D
-17.1%
1Y
-57.7%
SXL
AU$0.60
Southern Cross Media Group
7D
-2.4%
1Y
-6.3%
A1N
AU$0.22
ARN Media
7D
-12.0%
1Y
-57.3%
SEG
AU$0.32
Sports Entertainment Group
7D
3.2%
1Y
36.2%
IGL
AU$2.46
IVE Group
7D
-4.3%
1Y
-4.3%
UNT
AU$0.008
Unith
7D
-11.1%
1Y
-20.0%