Fewer Investors Than Expected Jumping On Aspermont Limited (ASX:ASP)
Aug 16
Australian (ASX) Media Industry Analysis
UpdatedAug 19, 2024
DataAggregated Company Financials
Companies15
- 7D-1.1%
- 3M-10.9%
- 1Y-25.5%
- YTD-25.6%
Over the last 7 days, the Media industry has dropped 1.1%, driven by Seven West Media declining 12%. The industry has fallen 25% in the last year. Earnings are forecast to grow by 24% annually.
Industry Valuation and Performance
Has the Australian Media Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 19 Aug 2024 | AU$4.3b | AU$7.7b | AU$128.7m | 21.5x | 33.2x | 0.6x |
| Wed, 17 Jul 2024 | AU$4.2b | AU$7.7b | AU$243.5m | 20.9x | 17.4x | 0.5x |
| Fri, 14 Jun 2024 | AU$4.3b | AU$7.7b | AU$243.4m | 21.3x | 17.6x | 0.6x |
| Sun, 12 May 2024 | AU$4.8b | AU$7.7b | AU$244.2m | 21.4x | 19.7x | 0.6x |
| Tue, 09 Apr 2024 | AU$5.2b | AU$7.8b | AU$244.2m | 23.9x | 21.1x | 0.7x |
| Thu, 07 Mar 2024 | AU$5.2b | AU$7.7b | AU$244.2m | 24.1x | 21.2x | 0.7x |
| Sat, 03 Feb 2024 | AU$5.7b | AU$7.8b | AU$284.8m | 15x | 20x | 0.7x |
| Mon, 01 Jan 2024 | AU$5.9b | AU$7.8b | AU$284.8m | 15.2x | 20.5x | 0.8x |
| Wed, 29 Nov 2023 | AU$5.6b | AU$7.8b | AU$285.3m | 15.2x | 19.5x | 0.7x |
| Fri, 27 Oct 2023 | AU$5.2b | AU$7.8b | AU$285.2m | 13.7x | 18.2x | 0.7x |
| Sun, 24 Sep 2023 | AU$5.7b | AU$7.8b | AU$285.3m | 13x | 20x | 0.7x |
| Tue, 22 Aug 2023 | AU$5.8b | AU$7.7b | AU$363.9m | 11.7x | 16x | 0.8x |
| Thu, 20 Jul 2023 | AU$6.0b | AU$7.7b | AU$217.6m | 13.2x | 27.6x | 0.8x |
| Sat, 17 Jun 2023 | AU$5.7b | AU$7.7b | AU$216.4m | 12.9x | 26.4x | 0.7x |
| Mon, 15 May 2023 | AU$5.9b | AU$7.7b | AU$218.3m | 13.4x | 26.9x | 0.8x |
| Wed, 12 Apr 2023 | AU$6.3b | AU$7.7b | AU$218.3m | 13.8x | 29x | 0.8x |
| Fri, 10 Mar 2023 | AU$6.3b | AU$7.7b | AU$217.9m | 14.3x | 28.7x | 0.8x |
| Sun, 05 Feb 2023 | AU$7.0b | AU$7.2b | AU$431.6m | 13.9x | 16.2x | 1x |
| Tue, 03 Jan 2023 | AU$6.0b | AU$7.2b | AU$431.6m | 13.3x | 13.8x | 0.8x |
| Thu, 01 Dec 2022 | AU$6.5b | AU$7.2b | AU$431.6m | 13.6x | 15x | 0.9x |
| Sat, 29 Oct 2022 | AU$6.4b | AU$7.2b | AU$431.6m | 13.2x | 14.9x | 0.9x |
| Mon, 26 Sep 2022 | AU$6.3b | AU$7.2b | AU$431.6m | 12.3x | 14.5x | 0.9x |
| Wed, 24 Aug 2022 | AU$6.7b | AU$7.0b | AU$327.7m | 15.3x | 20.3x | 1x |
| Fri, 22 Jul 2022 | AU$6.6b | AU$6.7b | AU$567.3m | 21.8x | 11.6x | 1x |
| Sun, 19 Jun 2022 | AU$5.7b | AU$6.7b | AU$567.3m | 19.7x | 10.1x | 0.9x |
| Tue, 17 May 2022 | AU$8.1b | AU$6.9b | AU$587.3m | 23.6x | 13.8x | 1.2x |
| Thu, 14 Apr 2022 | AU$9.0b | AU$6.9b | AU$587.3m | 25.2x | 15.3x | 1.3x |
| Sat, 12 Mar 2022 | AU$8.9b | AU$6.9b | AU$557.8m | 23.9x | 15.9x | 1.3x |
| Mon, 07 Feb 2022 | AU$9.1b | AU$6.4b | AU$546.4m | 20.4x | 16.7x | 1.4x |
| Wed, 05 Jan 2022 | AU$9.4b | AU$6.4b | AU$546.4m | 21.2x | 17.2x | 1.5x |
| Fri, 03 Dec 2021 | AU$9.0b | AU$6.4b | AU$547.1m | 17.7x | 16.5x | 1.4x |
| Sun, 31 Oct 2021 | AU$8.8b | AU$6.4b | AU$547.2m | 19.7x | 16.1x | 1.4x |
| Tue, 28 Sep 2021 | AU$8.3b | AU$6.4b | AU$547.1m | 17.3x | 15.2x | 1.3x |
| Thu, 26 Aug 2021 | AU$8.5b | AU$6.4b | AU$547.2m | 11.9x | 15.6x | 1.3x |
Price to Earnings Ratio
15.6x
Current Industry PE
- Investors are optimistic on the Australian Media industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 33.2x which is higher than its 3-year average PE of 18.5x.
- The industry is trading close to its 3-year average PS ratio of 0.92x.
Past Earnings Growth
- The earnings for companies in the Media industry have declined 38% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.6% 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 Trends
Which industries have driven the changes within the Australian Telecom industry?
| AU Market | 2.52% | |
| Telecom | 3.60% | |
| Media | -1.14% | |
| Cable and Satellite | 0% | |
| Advertising | -0.10% | |
| Broadcasting | -1.56% | |
| Publishing | -11.11% | |
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 31.9%, which is higher than its past year's earnings growth of 9.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Advertising industry, expecting annual earnings growth of 32% over the next 5 years.
- This is better than its past earnings growth rate of 9.8% per year.
- In contrast, the Broadcasting industry is expected to see its earnings grow by 21% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IGL IVE Group | AU$2.17 | 3.8% +AU$12.3m | -7.7% | PE22.4x | |
| GTN GTN | AU$0.41 | 7.8% +AU$6.0m | 0% | PE20.6x | |
| PPL Pureprofile | AU$0.026 | 18.2% +AU$4.6m | -10.3% | PS0.7x | |
| UNT Unith | AU$0.017 | 13.3% +AU$2.5m | -32.0% | PS4.7x | |
| RLG RooLife Group | AU$0.0045 | 12.5% +AU$397.1k | -50.0% | PS0.3x |
