Southern Cross Media Group Future Growth

Future criteria checks 3/6

Southern Cross Media Group is forecast to grow earnings and revenue by 89.8% and 0.8% per annum respectively. EPS is expected to grow by 89.6% per annum. Return on equity is forecast to be 8.3% in 3 years.

Key information

89.8%

Earnings growth rate

89.6%

EPS growth rate

Media earnings growth	25.3%
Revenue growth rate	0.8%
Future return on equity	8.3%
Analyst coverage	Low
Last updated	27 Dec 2024

Recent future growth updates

Recent updates

Is Now An Opportune Moment To Examine Southern Cross Media Group Limited (ASX:SXL)?

Aug 17

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

Feb 20

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

Dec 20

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

Feb 27

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

Feb 09

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

Jun 02

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

Apr 12

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

Mar 16

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

Feb 27

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

Feb 16

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

Jan 28

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

Dec 29

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

Dec 15

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

Dec 01

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

Nov 17

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

Aug 10

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

Aug 10

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

Jul 15

Earnings and Revenue Growth Forecasts

ASX:SXL - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	502	19	25	50	5
6/30/2026	499	18	29	49	5
6/30/2025	495	15	46	53	5
6/30/2024	499	-225	19	34	N/A
3/31/2024	498	-109	24	46	N/A
12/31/2023	497	8	29	57	N/A
9/30/2023	501	13	30	57	N/A
6/30/2023	504	19	32	57	N/A
3/31/2023	514	-68	30	57	N/A
12/31/2022	524	-156	29	58	N/A
9/30/2022	524	-155	27	56	N/A
6/30/2022	525	-154	24	54	N/A
3/31/2022	527	-61	29	53	N/A
12/31/2021	530	32	33	52	N/A
9/30/2021	529	40	68	84	N/A
6/30/2021	529	48	102	116	N/A
3/31/2021	510	43	114	127	N/A
12/31/2020	491	37	126	137	N/A
9/30/2020	515	31	106	120	N/A
6/30/2020	540	25	86	103	N/A
3/31/2020	586	37	79	100	N/A
12/31/2019	632	48	73	96	N/A
9/30/2019	646	-22	78	104	N/A
6/30/2019	660	-91	83	111	N/A
3/31/2019	659	-124	N/A	N/A	N/A
12/31/2018	657	-157	93	121	N/A
9/30/2018	657	-78	89	116	N/A
6/30/2018	657	0	85	110	N/A
3/31/2018	664	49	N/A	N/A	N/A
12/31/2017	671	98	N/A	114	N/A
9/30/2017	679	103	N/A	115	N/A
6/30/2017	687	109	N/A	116	N/A
3/31/2017	678	95	N/A	171	N/A
12/31/2016	669	82	N/A	226	N/A
9/30/2016	654	80	N/A	225	N/A
6/30/2016	640	77	N/A	224	N/A
3/31/2016	633	-99	N/A	172	N/A
12/31/2015	626	-276	N/A	120	N/A
9/30/2015	618	-281	N/A	119	N/A
6/30/2015	611	-285	N/A	119	N/A
3/31/2015	614	-296	N/A	126	N/A
12/31/2014	617	-307	N/A	132	N/A
9/30/2014	629	-302	N/A	146	N/A
6/30/2014	641	-296	N/A	159	N/A
3/31/2014	644	-100	N/A	160	N/A
12/31/2013	647	97	N/A	161	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SXL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).

Earnings vs Market: SXL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SXL is expected to become profitable in the next 3 years.

Revenue vs Market: SXL's revenue (0.8% per year) is forecast to grow slower than the Australian market (5.9% per year).

High Growth Revenue: SXL's revenue (0.8% 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 (8.3%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 23:13
End of Day Share Price	2024/12/30 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Southern Cross Media Group Limited is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
April Lowis	Barrenjoey Markets Pty Limited
Eric Choi	Barrenjoey Markets Pty Limited
Aryan Norozi	Barrenjoey Markets Pty Limited

Southern Cross Media Group Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 9.8% to AU$0.82

Consensus EPS estimates fall by 34%, revenue upgraded

Price target decreased by 8.8% to AU$0.91

Price target decreased by 7.3% to AU$0.95

Consensus EPS estimates fall by 21%

Price target decreased by 17% to AU$1.06

Recent updates

Southern Cross Media Group Limited(ASX:SXL) dropped from S&P Global BMI Index

Price target decreased by 9.8% to AU$0.82

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 34%, revenue upgraded

Price target decreased by 8.8% to AU$0.91

ARN Media Updates on Non-Binding Indicative Proposal to Acquire Southern Cross Media

Price target decreased by 7.3% to AU$0.95

Citicorp Nominees Seeks Replacement of Nominees at Southern Cross Media

Citicorp Nominees Seeks Replacement of Nominees at Southern Cross Media

Upcoming dividend of AU$0.01 per share

Consensus EPS estimates fall by 21%

First half dividend reduced to AU$0.01

Southern Cross Media Group Limited, Annual General Meeting, Oct 30, 2024

Insufficient new directors

ARN Media Limited and Anchorage Capital Partners Pty Limited agreed to acquire 85.2% stake in Southern Cross Media Group Limited (ASX:SXL).

Upcoming dividend of AU$0.022 per share at 9.1% yield

Price target decreased by 17% to AU$1.06

Southern Cross Media Group Limited Announces Ordinary Dividend for the Six Months Ended June 30, 2023, Payable on October 4, 2023

Price target decreased by 8.4% to AU$1.19

Is Now An Opportune Moment To Examine Southern Cross Media Group Limited (ASX:SXL)?

Full year 2023 earnings: EPS and revenues miss analyst expectations

ARN Media Limited (ASX:A1N) acquired 14.8% stake in Southern Cross Media Group Limited (ASX:SXL) for AUD 38.3 million.

Southern Cross Media Group Limited Announces Executive Changes

Upcoming dividend of AU$0.046 per share at 9.0% yield

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

Price target decreased by 17% to AU$1.31

First half 2023 earnings released: EPS: AU$0.058 (vs AU$0.064 in 1H 2022)

Southern Cross Media Group Limited Declares Interim Ordinary Dividend for the Financial Half Year Ended 31 December 2022, Payable on 11 April 2023

Southern Cross Media Group Limited, Annual General Meeting, Oct 27, 2023

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

Price target decreased to AU$1.57

Southern Cross Media Group Limited Appoints Tim Young as Chief Financial Officer, Effective January 30, 2023

Upcoming dividend of AU$0.048 per share

Price target decreased to AU$1.63

Southern Cross Media Group Limited Announces Final Franked Dividend for the Fiscal Year 2022, Payable on 4 October 2022

Price target decreased to AU$2.06

Investor sentiment improved over the past week

Southern Cross Reportedly Set to Retain Its Regional Unit

Investor sentiment deteriorated over the past week

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

Consensus forecasts updated

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

Upcoming dividend of AU$0.045 per share

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

First half 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Southern Cross Media Group Limited Announces Interim Full Year 2022 Dividend, Payable on April 7, 2022

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

Southern Cross Reportedly Hires Bank as It Mulls Television Sale

Upcoming dividend of AU$0.05 per share

Full year 2021 earnings released: EPS AU$0.18 (vs AU$0.18 in FY 2020)

Seven West Puts Southern Cross in Buyout Sights

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?

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

Nine Entertainment Co Not to Extend the Current Regional Television Affiliation Agreement with Southern Cross Media Group Limited

New 90-day low: AU$1.98

Analysts increase EPS estimates to AU$0.16

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

Revenue beats expectations, earnings disappoint

First half 2021 earnings released: EPS AU$0.12 (vs AU$0.18 in 1H 2020)

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

Southern Cross Media Group Limited to Report First Half, 2021 Results on Feb 25, 2021

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

Southern Cross Media Group Limited, Annual General Meeting, Oct 13, 2021

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

Analysts update estimates

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

Price target raised to AU$2.36