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SXL

Southern Cross Media Group ASX:SXL Stock Report

Last Price

AU$0.88

Market Cap

AU$211.2m

7D

-1.1%

1Y

-49.6%

Updated

23 Mar, 2023

Data

Company Financials +

Southern Cross Media Group Limited

ASX:SXL Stock Report

Mkt Cap: AU$211.2m

SXL Stock Overview

About the company

Southern Cross Media Group Limited, together with its subsidiaries, engages in the creation of audio content for distribution on broadcast and digital networks. It operates in two segments, Audio and Television. The company owns 99 radio stations in FM, AM, and DAB+ radio, as well as 34 regional radio stations; broadcasts 93 free to air TV signals in regional Australia; operates LiSTNR, an audio destination for consumers housing radio, podcasts, music, and news; and offers sales representation for open audio platform SoundCloud and Sonos Radio. It also provides social media, live events, and digital platforms that deliver national and local entertainment, and news content. The company was formerly known as Macquarie Media Group. Southern Cross Media Group Limited was incorporated in 2005 and is based in South Melbourne, Australia.

Rewards

Risk analysis

Snowflake Analysis

SXL fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance0/6
Financial Health5/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Southern Cross Media Group Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Southern Cross Media Group
Historical stock prices
Current Share PriceAU$0.88
52 Week HighAU$1.79
52 Week LowAU$0.86
Beta1.72
1 Month Change-14.56%
3 Month Change-15.38%
1 Year Change-49.57%
3 Year Change-46.67%
5 Year Change-91.50%
Change since IPO-98.17%

Recent News & Updates

Southern Cross Media Group (ASX:SXL) Will Pay A Dividend Of A$0.046

Feb 20
Southern Cross Media Group (ASX:SXL) Will Pay A Dividend Of A$0.046

Recent updates

Southern Cross Media Group (ASX:SXL) Will Pay A Dividend Of A$0.046

Feb 20
Southern Cross Media Group (ASX:SXL) Will Pay A Dividend Of A$0.046

Returns On Capital At Southern Cross Media Group (ASX:SXL) Paint A Concerning Picture

Dec 20
Returns On Capital At Southern Cross Media Group (ASX:SXL) Paint A Concerning Picture

Here's Why Southern Cross Media Group (ASX:SXL) Has A Meaningful Debt Burden

Nov 16
Here's Why Southern Cross Media Group (ASX:SXL) Has A Meaningful Debt Burden

Southern Cross Media Group (ASX:SXL) Will Be Looking To Turn Around Its Returns

Jun 06
Southern Cross Media Group (ASX:SXL) Will Be Looking To Turn Around Its Returns

Does Southern Cross Media Group (ASX:SXL) Have A Healthy Balance Sheet?

Mar 24
Does Southern Cross Media Group (ASX:SXL) Have A Healthy Balance Sheet?

Southern Cross Media Group (ASX:SXL) Has Some Difficulty Using Its Capital Effectively

Feb 27
Southern Cross Media Group (ASX:SXL) Has Some Difficulty Using Its Capital Effectively

At AU$2.15, Is It Time To Put Southern Cross Media Group Limited (ASX:SXL) On Your Watch List?

Feb 09
At AU$2.15, Is It Time To Put Southern Cross Media Group Limited (ASX:SXL) On Your Watch List?

Some Investors May Be Worried About Southern Cross Media Group's (ASX:SXL) Returns On Capital

Jun 02
Some Investors May Be Worried About Southern Cross Media Group's (ASX:SXL) Returns On Capital

Should You Think About Buying Southern Cross Media Group Limited (ASX:SXL) Now?

Apr 12
Should You Think About Buying Southern Cross Media Group Limited (ASX:SXL) Now?

Are Investors Undervaluing Southern Cross Media Group Limited (ASX:SXL) By 37%?

Mar 16
Are Investors Undervaluing Southern Cross Media Group Limited (ASX:SXL) By 37%?

Southern Cross Media Group Limited Just Beat Revenue Estimates By 6.5%

Feb 27
Southern Cross Media Group Limited Just Beat Revenue Estimates By 6.5%

We're Not So Sure You Should Rely on Southern Cross Media Group's (ASX:SXL) Statutory Earnings

Feb 16
We're Not So Sure You Should Rely on Southern Cross Media Group's (ASX:SXL) Statutory Earnings

A Look At Southern Cross Media Group's (ASX:SXL) Share Price Returns

Jan 28
A Look At Southern Cross Media Group's (ASX:SXL) Share Price Returns

At AU$2.34, Is Southern Cross Media Group Limited (ASX:SXL) Worth Looking At Closely?

Dec 29
At AU$2.34, Is Southern Cross Media Group Limited (ASX:SXL) Worth Looking At Closely?

Southern Cross Media Group Limited (ASX:SXL) Shares Could Be 46% Below Their Intrinsic Value Estimate

Dec 15
Southern Cross Media Group Limited (ASX:SXL) Shares Could Be 46% Below Their Intrinsic Value Estimate

What Is The Ownership Structure Like For Southern Cross Media Group Limited (ASX:SXL)?

Dec 01
What Is The Ownership Structure Like For Southern Cross Media Group Limited (ASX:SXL)?

We're Not Counting On Southern Cross Media Group (ASX:SXL) To Sustain Its Statutory Profitability

Nov 17
We're Not Counting On Southern Cross Media Group (ASX:SXL) To Sustain Its Statutory Profitability

What Is The Ownership Structure Like For Southern Cross Media Group Limited (ASX:SXL)?

Aug 10
What Is The Ownership Structure Like For Southern Cross Media Group Limited (ASX:SXL)?

An Intrinsic Calculation For Southern Cross Media Group Limited (ASX:SXL) Suggests It's 39% Undervalued

Aug 10
An Intrinsic Calculation For Southern Cross Media Group Limited (ASX:SXL) Suggests It's 39% Undervalued

Are Southern Cross Media Group's (ASX:SXL) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Jul 15
Are Southern Cross Media Group's (ASX:SXL) Statutory Earnings A Good Reflection Of Its Earnings Potential?

Shareholder Returns

SXLAU MediaAU Market
7D-1.1%0.9%0.1%
1Y-49.6%-30.7%-8.9%

Return vs Industry: SXL underperformed the Australian Media industry which returned -30.7% over the past year.

Return vs Market: SXL underperformed the Australian Market which returned -9% over the past year.

Price Volatility

Is SXL's price volatile compared to industry and market?
SXL volatility
SXL Average Weekly Movement5.1%
Media Industry Average Movement6.0%
Market Average Movement8.3%
10% most volatile stocks in AU Market14.5%
10% least volatile stocks in AU Market3.6%

Stable Share Price: SXL is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: SXL's weekly volatility (5%) has been stable over the past year.

Southern Cross Media Group Limited Fundamentals Summary

How do Southern Cross Media Group's earnings and revenue compare to its market cap?
SXL fundamental statistics
Market CapAU$211.24m
Earnings (TTM)-AU$155.88m
Revenue (TTM)AU$518.79m

0.4x

P/S Ratio

-1.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SXL income statement (TTM)
RevenueAU$518.79m
Cost of RevenueAU$354.76m
Gross ProfitAU$164.03m
Other ExpensesAU$319.91m
Earnings-AU$155.88m

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

Aug 17, 2023

Earnings per share (EPS)-0.65
Gross Margin31.62%
Net Profit Margin-30.05%
Debt/Equity Ratio32.0%

How did SXL perform over the long term?

See historical performance and comparison

Dividends

10.6%

Current Dividend Yield

-16%

Payout Ratio