Nexstar Media Group Valuation

Is NXZ undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NXZ when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NXZ (€152.2) is trading below our estimate of fair value (€338.1)

Significantly Below Fair Value: NXZ is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for NXZ?

Key metric: As NXZ is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for NXZ. This is calculated by dividing NXZ's market cap by their current earnings.
What is NXZ's PE Ratio?
PE Ratio8.6x
EarningsUS$578.00m
Market CapUS$4.96b

Price to Earnings Ratio vs Peers

How does NXZ's PE Ratio compare to its peers?

The above table shows the PE ratio for NXZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average25x
RRTL RTL Group
10.2x-2.2%€4.1b
SAX Ströer SE KGaA
22.4x28.0%€2.6b
G24 Scout24
35.4x15.0%€6.2b
KA8 Klassik Radio
31.8xn/a€18.4m
NXZ Nexstar Media Group
8.6x4.7%€5.0b

Price-To-Earnings vs Peers: NXZ is good value based on its Price-To-Earnings Ratio (8.6x) compared to the peer average (25x).


Price to Earnings Ratio vs Industry

How does NXZ's PE Ratio compare vs other companies in the European Media Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
NXZ 8.6xIndustry Avg. 12.8xNo. of Companies16PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: NXZ is good value based on its Price-To-Earnings Ratio (8.6x) compared to the European Media industry average (12.8x).


Price to Earnings Ratio vs Fair Ratio

What is NXZ's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NXZ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.6x
Fair PE Ratio17.3x

Price-To-Earnings vs Fair Ratio: NXZ is good value based on its Price-To-Earnings Ratio (8.6x) compared to the estimated Fair Price-To-Earnings Ratio (17.3x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst NXZ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€152.20
€189.25
+24.3%
6.9%€209.75€166.85n/a10
Dec ’25€161.35
€185.20
+14.8%
6.9%€205.26€163.28n/a10
Nov ’25€161.15
€180.49
+12.0%
6.3%€197.18€155.91n/a10
Oct ’25€147.55
€177.03
+20.0%
7.2%€201.17€152.00n/a10
Sep ’25€151.75
€177.03
+16.7%
7.2%€201.17€152.00n/a10
Aug ’25€171.35
€186.69
+9.0%
7.6%€207.23€156.57n/a10
Jul ’25€154.20
€187.21
+21.4%
8.4%€209.57€158.34n/a10
Jun ’25€149.95
€185.69
+23.8%
7.9%€206.93€156.35n/a10
May ’25€153.15
€183.97
+20.1%
7.2%€207.68€156.91n/a11
Apr ’25€158.35
€182.91
+15.5%
7.0%€205.56€155.31n/a12
Mar ’25€153.55
€183.38
+19.4%
9.2%€208.17€146.18n/a12
Feb ’25€164.20
€183.71
+11.9%
9.4%€207.27€145.55n/a13
Jan ’25€143.00
€184.48
+29.0%
9.7%€209.03€146.78n/a12
Dec ’24€129.35
€185.36
+43.3%
7.7%€206.19€153.04€161.3511
Nov ’24€133.25
€200.00
+50.1%
8.2%€221.89€165.24€161.1511
Oct ’24€132.55
€200.00
+50.9%
8.2%€221.89€165.24€147.5511
Sep ’24€149.55
€194.24
+29.9%
8.5%€215.52€160.49€151.7510
Aug ’24€169.00
€200.45
+18.6%
8.2%€216.48€161.21€171.3510
Jul ’24€155.25
€200.21
+29.0%
8.2%€216.22€161.02€154.2010
Jun ’24€140.50
€199.53
+42.0%
8.4%€217.66€159.37€149.9510
May ’24€157.10
€198.74
+26.5%
8.7%€216.89€158.81€153.1510
Apr ’24€155.60
€202.51
+30.1%
8.5%€220.00€161.09€158.3510
Mar ’24€174.90
€205.68
+17.6%
8.3%€222.28€164.13€153.5510
Feb ’24€187.00
€198.14
+6.0%
8.6%€218.11€161.05€164.2010
Jan ’24€164.20
€205.05
+24.9%
8.7%€224.98€166.13€143.0010
Dec ’23€180.50
€207.65
+15.0%
9.1%€228.89€169.02€129.3510

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 13:52
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Nexstar Media Group, Inc. is covered by 30 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
James GossBarrington Research Associates, Inc.
Daniel KurnosBenchmark Company