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 Peers
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$1.60|
|52 Week High||AU$2.39|
|52 Week Low||AU$1.51|
|1 Month Change||-7.54%|
|3 Month Change||-21.04%|
|1 Year Change||-16.49%|
|3 Year Change||-87.19%|
|5 Year Change||-86.60%|
|Change since IPO||-96.69%|
Recent News & Updates
Does Southern Cross Media Group (ASX:SXL) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Southern Cross Media Group (ASX:SXL) Has Some Difficulty Using Its Capital Effectively
If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Businesses...
At AU$2.15, Is It Time To Put Southern Cross Media Group Limited (ASX:SXL) On Your Watch List?
Southern Cross Media Group Limited ( ASX:SXL ), is not the largest company out there, but it received a lot of...
|SXL||AU Media||AU Market|
Return vs Industry: SXL underperformed the Australian Media industry which returned -3.3% over the past year.
Return vs Market: SXL underperformed the Australian Market which returned 0.5% over the past year.
|SXL Average Weekly Movement||6.2%|
|Media Industry Average Movement||6.7%|
|Market Average Movement||9.4%|
|10% most volatile stocks in AU Market||16.5%|
|10% least volatile stocks in AU Market||4.3%|
Stable Share Price: SXL is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: SXL's weekly volatility (6%) has been stable over the past year.
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 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|
Is SXL overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SXL income statement (TTM)|
|Cost of Revenue||AU$166.91m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 22, 2022
|Earnings per share (EPS)||0.12|
|Net Profit Margin||6.12%|
How did SXL perform over the long term?See historical performance and comparison
5.6%Current Dividend Yield
How is Southern Cross Media Group forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score3/6
Future Growth Score 3/6
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: SXL's forecast earnings growth (20.2% per year) is above the savings rate (1.8%).
Earnings vs Market: SXL's earnings (20.2% per year) are forecast to grow faster than the Australian market (6.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: SXL's revenue (2.7% per year) is forecast to grow slower than the Australian market (4.8% per year).
High Growth Revenue: SXL's revenue (2.7% 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 (6.6%).
How has Southern Cross Media Group performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SXL has a large one-off gain of A$40.4M impacting its December 31 2021 financial results.
Growing Profit Margin: SXL's current net profit margins (6.1%) are lower than last year (7.6%).
Past Earnings Growth Analysis
Earnings Trend: SXL has become profitable over the past 5 years, growing earnings by -11.3% per year.
Accelerating Growth: SXL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SXL had negative earnings growth (-12.8%) over the past year, making it difficult to compare to the Media industry average (29.8%).
Return on Equity
High ROE: SXL's Return on Equity (5%) is considered low.
How is Southern Cross Media Group's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SXL's short term assets (A$164.8M) exceed its short term liabilities (A$77.6M).
Long Term Liabilities: SXL's short term assets (A$164.8M) do not cover its long term liabilities (A$607.6M).
Debt to Equity History and Analysis
Debt Level: SXL's net debt to equity ratio (10.3%) is considered satisfactory.
Reducing Debt: SXL's debt to equity ratio has reduced from 43.2% to 19.7% over the past 5 years.
Debt Coverage: SXL's debt is well covered by operating cash flow (40.5%).
Interest Coverage: SXL's interest payments on its debt are not well covered by EBIT (1.4x coverage).
What is Southern Cross Media Group current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SXL's dividend (5.64%) is higher than the bottom 25% of dividend payers in the Australian market (2.57%).
High Dividend: SXL's dividend (5.64%) is low compared to the top 25% of dividend payers in the Australian market (6.13%).
Stability and Growth of Payments
Stable Dividend: SXL's dividend payments have been volatile in the past 10 years.
Growing Dividend: SXL's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.2%), SXL's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (70.3%), SXL's dividend payments are covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Grant Blackley (55 yo)
Mr. Grant Blackley has been the Chief Executive Officer, Managing Director and Executive Director of Southern Cross Austereo Pty Limited since June 29, 2015. Mr. Blackley has been the Chief Executive Offic...
CEO Compensation Analysis
Compensation vs Market: Grant's total compensation ($USD1.17M) is above average for companies of similar size in the Australian market ($USD559.51K).
Compensation vs Earnings: Grant's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: SXL's management team is seasoned and experienced (6.5 years average tenure).
Experienced Board: SXL's board of directors are considered experienced (7 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.
Southern Cross Media Group Limited's employee growth, exchange listings and data sources
- Name: Southern Cross Media Group Limited
- Ticker: SXL
- Exchange: ASX
- Founded: 2005
- Industry: Broadcasting
- Sector: Media
- Implied Market Cap: AU$421.657m
- Shares outstanding: 261.09m
- Website: https://www.southerncrossaustereo.com.au
Number of Employees
- Southern Cross Media Group Limited
- 257 Clarendon Street
- Level 2
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/16 00:00|
|End of Day Share Price||2022/05/16 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.