| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
SXL Stock Overview
Southern Cross Media Group Limited, together with its subsidiaries, engages in the creation of audio content for distribution on broadcast and digital networks.
Southern Cross Media Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$1.84 |
| 52 Week High | AU$2.64 |
| 52 Week Low | AU$1.75 |
| Beta | 1.71 |
| 1 Month Change | -4.17% |
| 3 Month Change | -17.86% |
| 1 Year Change | -18.58% |
| 3 Year Change | -82.48% |
| 5 Year Change | -87.40% |
| Change since IPO | -96.18% |
Recent News & Updates
Some Investors May Be Worried About Southern Cross Media Group's (ASX:SXL) Returns On Capital
When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Should You Think About Buying Southern Cross Media Group Limited (ASX:SXL) Now?
Southern Cross Media Group Limited ( ASX:SXL ), is not the largest company out there, but it saw significant share...
Are Investors Undervaluing Southern Cross Media Group Limited (ASX:SXL) By 37%?
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Southern Cross Media...
Shareholder Returns
| SXL | AU Media | AU Market | |
|---|---|---|---|
| 7D | 0.5% | -0.7% | -1.7% |
| 1Y | -18.6% | 18.1% | 7.7% |
Return vs Industry: SXL underperformed the Australian Media industry which returned 18.1% over the past year.
Return vs Market: SXL underperformed the Australian Market which returned 7.7% over the past year.
Price Volatility
| SXL volatility | |
|---|---|
| SXL Average Weekly Movement | 4.5% |
| Media Industry Average Movement | 10.4% |
| Market Average Movement | 8.5% |
| 10% most volatile stocks in AU Market | 15.3% |
| 10% least volatile stocks in AU Market | 3.6% |
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.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | n/a | Grant Blackley | https://www.southerncrossaustereo.com.au |
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 23 regional radio stations; broadcasts 92 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.
Southern Cross Media Group Fundamentals Summary
| SXL fundamental statistics | |
|---|---|
| Market Cap | AU$486.15m |
| Earnings (TTM) | AU$48.10m |
| Revenue (TTM) | AU$528.65m |
10.1x
P/E Ratio0.9x
P/S RatioIs SXL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SXL income statement (TTM) | |
|---|---|
| Revenue | AU$528.65m |
| Cost of Revenue | AU$178.98m |
| Gross Profit | AU$349.67m |
| Expenses | AU$301.58m |
| Earnings | AU$48.10m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 24, 2022
| Earnings per share (EPS) | 0.18 |
| Gross Margin | 66.14% |
| Net Profit Margin | 9.10% |
| Debt/Equity Ratio | 20.0% |
How did SXL perform over the long term?
See historical performance and comparisonDividends
2.7%
Current Dividend Yield27%
Payout RatioValuation
Is Southern Cross Media Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SXL (A$1.84) is trading below our estimate of fair value (A$4.87)
Significantly Below Fair Value: SXL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SXL is good value based on its PE Ratio (10.1x) compared to the Australian Media industry average (20.3x).
PE vs Market: SXL is good value based on its PE Ratio (10.1x) compared to the Australian market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: SXL is poor value based on its PEG Ratio (1.1x)
Price to Book Ratio
PB vs Industry: SXL is good value based on its PB Ratio (0.8x) compared to the AU Media industry average (2.4x).
Future Growth
How is Southern Cross Media Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
9.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SXL's forecast earnings growth (9.1% per year) is above the savings rate (1.9%).
Earnings vs Market: SXL's earnings (9.1% per year) are forecast to grow slower than the Australian market (11.4% per year).
High Growth Earnings: SXL's earnings are forecast to grow, but not significantly.
Revenue vs Market: SXL's revenue (2.9% per year) is forecast to grow slower than the Australian market (4.9% per year).
High Growth Revenue: SXL's revenue (2.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SXL's Return on Equity is forecast to be low in 3 years time (7.8%).
Past Performance
How has Southern Cross Media Group performed over the past 5 years?
-22.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SXL has a large one-off gain of A$41.0M impacting its June 30 2021 financial results.
Growing Profit Margin: SXL's current net profit margins (9.1%) are higher than last year (4.6%).
Past Earnings Growth Analysis
Earnings Trend: SXL has become profitable over the past 5 years, growing earnings by -22.1% per year.
Accelerating Growth: SXL's earnings growth over the past year (91.6%) exceeds its 5-year average (-22.1% per year).
Earnings vs Industry: SXL earnings growth over the past year (91.6%) exceeded the Media industry 35.3%.
Return on Equity
High ROE: SXL's Return on Equity (7.5%) is considered low.
Financial Health
How is Southern Cross Media Group's financial position?
Financial Position Analysis
Short Term Liabilities: SXL's short term assets (A$174.1M) exceed its short term liabilities (A$97.3M).
Long Term Liabilities: SXL's short term assets (A$174.1M) do not cover its long term liabilities (A$587.0M).
Debt to Equity History and Analysis
Debt Level: SXL's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: SXL's debt to equity ratio has reduced from 78.6% to 20% over the past 5 years.
Debt Coverage: SXL's debt is well covered by operating cash flow (90.2%).
Interest Coverage: SXL's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Balance Sheet
Dividend
What is Southern Cross Media Group current dividend yield, its reliability and sustainability?
2.72%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SXL's dividend (2.72%) is higher than the bottom 25% of dividend payers in the Australian market (2.21%).
High Dividend: SXL's dividend (2.72%) is low compared to the top 25% of dividend payers in the Australian market (5.47%).
Stability and Growth of Payments
Stable Dividend: SXL's dividend payments have been volatile in the past 10 years.
Growing Dividend: SXL's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.5%), SXL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: SXL's dividends in 3 years are forecast to be covered by earnings (68.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.1yrs
Average management tenure
CEO
Grant Blackley (55 yo)
6.58yrs
Tenure
AU$1,692,269
Compensation
Mr. Grant Blackley has been the Chief Executive Officer, Managing Director and Executive Director of Southern Cross Austereo Pty Limited since June 29, 2015. Mr. Blackley has been the Chief Executive Offic...
CEO Compensation Analysis
Compensation vs Market: Grant's total compensation ($USD1.22M) is above average for companies of similar size in the Australian market ($USD733.70K).
Compensation vs Earnings: Grant's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: SXL's management team is seasoned and experienced (6.1 years average tenure).
Board Members
Experienced Board: SXL's board of directors are considered experienced (6.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SXL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Southern Cross Media Group Limited's employee growth, exchange listings and data sources
Key Information
- Name: Southern Cross Media Group Limited
- Ticker: SXL
- Exchange: ASX
- Founded: 2005
- Industry: Broadcasting
- Sector: Media
- Implied Market Cap: AU$486.154m
- Shares outstanding: 264.21m
- Website: https://www.southerncrossaustereo.com.au
Number of Employees
Location
- Southern Cross Media Group Limited
- 257 Clarendon Street
- Level 2
- Melbourne
- Victoria
- 3205
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/20 16:04 |
| End of Day Share Price | 2022/01/20 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.