NZM Stock Overview
NZME Limited, together with its subsidiaries, engages in the integrated media and entertainment business in New Zealand.
Price History & Performance
|Historical stock prices|
|Current Share Price||NZ$1.25|
|52 Week High||NZ$1.66|
|52 Week Low||NZ$0.66|
|1 Month Change||-16.67%|
|3 Month Change||6.84%|
|1 Year Change||72.41%|
|3 Year Change||135.85%|
|5 Year Change||70.07%|
|Change since IPO||62.34%|
Recent News & Updates
|NZM||AU Media||AU Market|
Return vs Industry: NZM exceeded the Australian Media industry which returned -3.3% over the past year.
Return vs Market: NZM exceeded the Australian Market which returned 0.5% over the past year.
|NZM Average Weekly Movement||8.8%|
|Media Industry Average Movement||6.7%|
|Market Average Movement||9.3%|
|10% most volatile stocks in AU Market||16.6%|
|10% least volatile stocks in AU Market||4.3%|
Stable Share Price: NZM is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: NZM's weekly volatility (9%) has been stable over the past year.
About the Company
NZME Limited, together with its subsidiaries, engages in the integrated media and entertainment business in New Zealand. It offers its products through 10 audio brands, 32 print publications, and 12 real estate publications, as well as websites. The company was formerly known as Wilson & Horton Limited.
NZME Fundamentals Summary
|NZM fundamental statistics|
Is NZM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NZM income statement (TTM)|
|Cost of Revenue||NZ$276.66m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.18|
|Net Profit Margin||9.94%|
How did NZM perform over the long term?See historical performance and comparison
7.1%Current Dividend Yield
How is NZME forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NZM's earnings are forecast to decline over the next 3 years (-2.4% per year).
Earnings vs Market: NZM's earnings are forecast to decline over the next 3 years (-2.4% per year).
High Growth Earnings: NZM's earnings are forecast to decline over the next 3 years.
Revenue vs Market: NZM's revenue (0.3% per year) is forecast to grow slower than the Australian market (4.8% per year).
High Growth Revenue: NZM's revenue (0.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NZM's Return on Equity is forecast to be low in 3 years time (17.4%).
How has NZME performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NZM has a large one-off gain of NZ$10.0M impacting its December 31 2021 financial results.
Growing Profit Margin: NZM's current net profit margins (9.9%) are higher than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: NZM has become profitable over the past 5 years, growing earnings by -9.4% per year.
Accelerating Growth: NZM's earnings growth over the past year (134.3%) exceeds its 5-year average (-9.4% per year).
Earnings vs Industry: NZM earnings growth over the past year (134.3%) exceeded the Media industry 30.4%.
Return on Equity
High ROE: NZM's Return on Equity (21.9%) is considered high.
How is NZME's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: NZM's short term assets (NZ$60.6M) do not cover its short term liabilities (NZ$69.8M).
Long Term Liabilities: NZM's short term assets (NZ$60.6M) do not cover its long term liabilities (NZ$85.4M).
Debt to Equity History and Analysis
Debt Level: NZM is debt free.
Reducing Debt: NZM has no debt compared to 5 years ago when its debt to equity ratio was 39.3%.
Debt Coverage: NZM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NZM has no debt, therefore coverage of interest payments is not a concern.
What is NZME current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NZM's dividend (7.14%) is higher than the bottom 25% of dividend payers in the Australian market (2.56%).
High Dividend: NZM's dividend (7.14%) is in the top 25% of dividend payers in the Australian market (6.11%)
Stability and Growth of Payments
Stable Dividend: NZM has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NZM's dividend payments have increased, but the company has only paid a dividend for 6 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.6%), NZM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (43.4%), NZM's dividend payments are well covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Michael Raymond Boggs, CA had been the Chief Executive Officer of NZME Limited at HT&E Limited (Formerly known as APN News & Media Limited) since March 2016. Mr. Boggs served as the Chief Financial Off...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD854.72K) is above average for companies of similar size in the Australian market ($USD563.99K).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Experienced Management: NZM's management team is considered experienced (3.2 years average tenure).
Experienced Board: NZM's board of directors are considered experienced (4.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
NZME Limited's employee growth, exchange listings and data sources
- Name: NZME Limited
- Ticker: NZM
- Exchange: ASX
- Founded: 2014
- Industry: Publishing
- Sector: Media
- Implied Market Cap: NZ$275.267m
- Listing Market Cap: NZ$249.103m
- Shares outstanding: 196.62m
- Website: https://www.nzme.co.nz
- NZME Limited
- 2 Graham Street
- New Zealand
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/14 00:00|
|End of Day Share Price||2022/05/13 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.