Snowflake Score | |
---|---|
Valuation | 4/6 |
Future Growth | 0/6 |
Past Performance | 5/6 |
Financial Health | 4/6 |
Dividends | 4/6 |
NZM Stock Overview
NZME Limited, together with its subsidiaries, engages in the integrated media and entertainment business in New Zealand.
NZME Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | NZ$1.26 |
52 Week High | NZ$1.66 |
52 Week Low | NZ$0.67 |
Beta | 1.17 |
1 Month Change | -21.07% |
3 Month Change | 5.91% |
1 Year Change | 73.10% |
3 Year Change | 136.79% |
5 Year Change | 61.93% |
Change since IPO | 62.99% |
Recent News & Updates
Shareholder Returns
NZM | AU Media | AU Market | |
---|---|---|---|
7D | -5.3% | -5.6% | -3.3% |
1Y | 73.1% | -4.3% | 1.6% |
Return vs Industry: NZM exceeded the Australian Media industry which returned -4.3% over the past year.
Return vs Market: NZM exceeded the Australian Market which returned 1.6% over the past year.
Price Volatility
NZM volatility | |
---|---|
NZM Average Weekly Movement | 9.8% |
Media Industry Average Movement | 6.0% |
Market Average Movement | 9.2% |
10% most volatile stocks in AU Market | 16.6% |
10% least volatile stocks in AU Market | 4.2% |
Stable Share Price: NZM is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: NZM's weekly volatility (10%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2014 | n/a | Michael Boggs | https://www.nzme.co.nz |
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 | |
---|---|
Market Cap | NZ$271.44m |
Earnings (TTM) | NZ$34.65m |
Revenue (TTM) | NZ$348.56m |
7.8x
P/E Ratio0.8x
P/S RatioIs NZM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
NZM income statement (TTM) | |
---|---|
Revenue | NZ$348.56m |
Cost of Revenue | NZ$276.66m |
Gross Profit | NZ$71.90m |
Other Expenses | NZ$37.25m |
Earnings | NZ$34.65m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
Earnings per share (EPS) | 0.18 |
Gross Margin | 20.63% |
Net Profit Margin | 9.94% |
Debt/Equity Ratio | 0% |
How did NZM perform over the long term?
See historical performance and comparisonDividends
7.2%
Current Dividend Yield46%
Payout RatioValuation
Is NZME undervalued compared to its fair value and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NZM (A$1.26) is trading below our estimate of fair value (A$3.19)
Significantly Below Fair Value: NZM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NZM is good value based on its PE Ratio (7.8x) compared to the Australian Media industry average (23.4x).
PE vs Market: NZM is good value based on its PE Ratio (7.8x) compared to the Australian market (16.6x).
Price to Earnings Growth Ratio
PEG Ratio: NZM's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: NZM is overvalued based on its PB Ratio (1.7x) compared to the AU Media industry average (1.5x).
Future Growth
How is NZME forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-2.4%
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 (4.7% 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%).
Past Performance
How has NZME performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-9.4%
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 29.8%.
Return on Equity
High ROE: NZM's Return on Equity (21.9%) is considered high.
Financial Health
How is NZME's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
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.
Balance Sheet
Dividend
What is NZME current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
7.25%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NZM's dividend (7.25%) is higher than the bottom 25% of dividend payers in the Australian market (2.5%).
High Dividend: NZM's dividend (7.25%) is in the top 25% of dividend payers in the Australian market (5.97%)
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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average management tenure
CEO
Michael Boggs
6.17yrs
Tenure
NZ$1,365,070
Compensation
Mr. Michael Raymond Boggs, CA had been the Chief Executive Officer of NZME Limited at HT&E Limited (Formerly known as APN News & Media Limited) since March 2016. Mr. Boggs served as the Chief Financial Off...
CEO Compensation Analysis
Compensation vs Market: Michael's total compensation ($USD880.07K) is above average for companies of similar size in the Australian market ($USD552.60K).
Compensation vs Earnings: Michael's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: NZM's management team is considered experienced (3.2 years average tenure).
Board Members
Experienced Board: NZM's board of directors are considered experienced (4.1 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
NZME Limited's employee growth, exchange listings and data sources
Key Information
- Name: NZME Limited
- Ticker: NZM
- Exchange: CHIA
- Founded: 2014
- Industry: Publishing
- Sector: Media
- Implied Market Cap: NZ$271.438m
- Listing Market Cap: NZ$246.046m
- Shares outstanding: 196.69m
- Website: https://www.nzme.co.nz
Location
- NZME Limited
- 2 Graham Street
- Auckland
- 1010
- New Zealand
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/05/08 00:00 |
End of Day Share Price | 2022/05/06 00:00 |
Earnings | 2021/12/31 |
Annual Earnings | 2021/12/31 |
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.