Is Next 15 Group (LON:NFG) Using Too Much Debt?
Jun 12
U.K. (FTSE) Media Industry Analysis
UpdatedJun 15, 2024
DataAggregated Company Financials
Companies32
- 7D-2.6%
- 3M2.5%
- 1Y0.9%
- YTD5.7%
Over the last 7 days, the Media industry has dropped 2.6%, driven by WPP declining 4.8%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the U.K. Media Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 15 Jun 2024 | UK£30.3b | UK£28.7b | UK£999.6m | 18.1x | 30.4x | 1.1x |
| Mon, 13 May 2024 | UK£32.2b | UK£28.7b | UK£997.3m | 20.5x | 32.3x | 1.1x |
| Wed, 10 Apr 2024 | UK£30.7b | UK£28.7b | UK£978.5m | 21.8x | 31.4x | 1.1x |
| Fri, 08 Mar 2024 | UK£29.7b | UK£28.7b | UK£733.1m | 31.1x | 40.5x | 1x |
| Sun, 04 Feb 2024 | UK£32.2b | UK£29.6b | UK£1.2b | 20.3x | 27.2x | 1.1x |
| Tue, 02 Jan 2024 | UK£31.9b | UK£29.6b | UK£1.2b | 18.2x | 27x | 1.1x |
| Thu, 30 Nov 2023 | UK£30.0b | UK£29.0b | UK£1.2b | 16.3x | 25.3x | 1x |
| Sat, 28 Oct 2023 | UK£29.0b | UK£29.0b | UK£1.2b | 18.3x | 24.4x | 1x |
| Mon, 25 Sep 2023 | UK£30.8b | UK£29.0b | UK£1.2b | 20.4x | 26.1x | 1.1x |
| Wed, 23 Aug 2023 | UK£30.1b | UK£28.8b | UK£1.1b | 23.6x | 27.6x | 1x |
| Fri, 21 Jul 2023 | UK£32.8b | UK£27.8b | UK£1.2b | 20.7x | 27.6x | 1.2x |
| Sun, 18 Jun 2023 | UK£33.0b | UK£27.8b | UK£1.2b | 45.7x | 28.3x | 1.2x |
| Tue, 16 May 2023 | UK£33.0b | UK£27.8b | UK£1.2b | 34.3x | 27.5x | 1.2x |
| Thu, 13 Apr 2023 | UK£33.8b | UK£27.7b | UK£1.1b | 25.1x | 30x | 1.2x |
| Sat, 11 Mar 2023 | UK£35.1b | UK£27.2b | UK£1.2b | 20.8x | 29.2x | 1.3x |
| Mon, 06 Feb 2023 | UK£37.2b | UK£26.2b | UK£1.3b | 17.2x | 27.7x | 1.4x |
| Wed, 04 Jan 2023 | UK£32.1b | UK£26.2b | UK£1.3b | 13.5x | 24x | 1.2x |
| Fri, 02 Dec 2022 | UK£39.6b | UK£29.7b | UK£1.5b | 17.1x | 25.6x | 1.3x |
| Sun, 30 Oct 2022 | UK£36.2b | UK£29.7b | UK£1.5b | 16.8x | 23.7x | 1.2x |
| Tue, 27 Sep 2022 | UK£35.0b | UK£29.7b | UK£1.5b | 18.9x | 22.9x | 1.2x |
| Thu, 25 Aug 2022 | UK£36.5b | UK£29.1b | UK£1.6b | 21.3x | 23.2x | 1.3x |
| Sat, 23 Jul 2022 | UK£38.6b | UK£27.5b | UK£1.2b | 24.4x | 33x | 1.4x |
| Mon, 20 Jun 2022 | UK£36.0b | UK£27.4b | UK£1.2b | 22.5x | 30.8x | 1.3x |
| Wed, 18 May 2022 | UK£40.8b | UK£27.2b | UK£1.2b | 25.6x | 34.5x | 1.5x |
| Fri, 15 Apr 2022 | UK£42.9b | UK£26.8b | UK£1.0b | 36.4x | 42.4x | 1.6x |
| Sun, 13 Mar 2022 | UK£43.5b | UK£27.2b | UK£669.9m | 32.4x | 64.9x | 1.6x |
| Tue, 08 Feb 2022 | UK£47.4b | UK£26.6b | UK£500.1m | 27.3x | 94.8x | 1.8x |
| Thu, 06 Jan 2022 | UK£49.4b | UK£26.6b | UK£499.4m | 27.3x | 98.9x | 1.9x |
| Sat, 04 Dec 2021 | UK£48.1b | UK£26.6b | UK£409.3m | 39.3x | 117.5x | 1.8x |
| Mon, 01 Nov 2021 | UK£50.7b | UK£26.8b | UK£392.1m | 31.2x | 129.4x | 1.9x |
| Wed, 29 Sep 2021 | UK£52.3b | UK£26.7b | UK£358.6m | 23.8x | 145.8x | 2x |
| Fri, 27 Aug 2021 | UK£53.1b | UK£26.5b | UK£347.0m | 24.3x | 153x | 2x |
| Sat, 03 Jul 2021 | UK£50.2b | UK£26.5b | UK£346.1m | 25.2x | 145.1x | 1.9x |
Price to Earnings Ratio
145.1x
Current Industry PE
- Investors are pessimistic on the British 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 30.4x which is lower than its 3-year average PE of 53.6x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Media industry have grown 42% per year over the last three years.
- Revenues for these companies have grown 2.8% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.K. Telecom industry?
| GB Market | -1.47% | |
| Telecom | -1.29% | |
| Media | -2.56% | |
| Cable and Satellite | 0% | |
| Advertising | -2.06% | |
| Broadcasting | -4.22% | |
| Publishing | -5.87% | |
Industry PE
- Investors are most optimistic about the Advertising industry, which is trading close to its 3-year average PE ratio of 37.4x.
- Analysts are expecting annual earnings growth of 21.3%, which is higher than its past year's earnings decline of 7.8% per year.
- Investors are most pessimistic about the Broadcasting industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.4x.
Forecasted Growth
- Analysts are most optimistic on the Advertising industry, expecting annual earnings growth of 21% over the next 5 years.
- This is better than its past earnings decline of 7.8% per year.
- In contrast, the Publishing industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| INF Informa | UK£8.42 | 1.2% +UK£106.4m | 15.2% | PE27x | |
| SFOR S4 Capital | UK£0.49 | 3.0% +UK£13.7m | -57.3% | PS0.3x | |
| BMY Bloomsbury Publishing | UK£6.10 | 2.0% +UK£9.9m | 35.7% | PE15.6x | |
| PEBB Pebble Group | UK£0.57 | 8.5% +UK£7.5m | -38.5% | PE16.5x | |
| QRT Quarto Group | UK£1.40 | 7.7% +UK£4.1m | 16.7% | PE5.3x |
