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NMG

Nation Media GroupNASE:NMG Stock Report

Market Cap

KSh4.6b

7D

-0.9%

1Y

38.9%

Updated

16 Oct, 2021

Data

Company Financials
NMG fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

NMG Overview

Nation Media Group PLC, together with its subsidiaries, operates as an independent media house in East and Central Africa.

Price History & Performance

Summary of all time highs, changes and price drops for Nation Media Group
Historical stock prices
Current Share PriceKSh22.15
52 Week HighKSh12.05
52 Week LowKSh26.50
Beta0.010
1 Month Change-12.10%
3 Month Change-11.40%
1 Year Change38.87%
3 Year Change-65.19%
5 Year Change-76.57%
Change since IPO-4.47%

Recent News & Updates

Shareholder Returns

NMGKE MediaKE Market
7D-0.9%4.2%1.7%
1Y38.9%2.3%30.0%

Return vs Industry: NMG exceeded the KE Media industry which returned 2.3% over the past year.

Return vs Market: NMG exceeded the KE Market which returned 30% over the past year.

Price Volatility

Is NMG's price volatile compared to industry and market?
NMG volatility
NMG Beta0.010
Industry Beta1.05
Market Beta1

Stable Share Price: NMG is not significantly more volatile than the rest of KE stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: NMG's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19591,124Stephen Gitagamahttps://www.nationmedia.com

Nation Media Group PLC, together with its subsidiaries, operates as an independent media house in East and Central Africa. The company operates through Newspapers and Digital, and Broadcasting segments. It is also involved in the publication, printing, and distribution of newspapers and magazines; radio and television broadcasting activities; subscription of e-paper; and provision of digital online products in the East African countries of Kenya, Uganda, Rwanda, and Tanzania.

Nation Media Group Fundamentals Summary

How do Nation Media Group's earnings and revenue compare to its market cap?
NMG fundamental statistics
Market CapKSh4.59b
Earnings (TTM)KSh712.70m
Revenue (TTM)KSh7.27b

6.4x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NMG income statement (TTM)
RevenueKSh7.27b
Cost of RevenueKSh1.03b
Gross ProfitKSh6.24b
ExpensesKSh5.53b
EarningsKSh712.70m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.44
Gross Margin85.87%
Net Profit Margin9.80%
Debt/Equity Ratio0%

How did NMG perform over the long term?

See historical performance and comparison

Valuation

Is Nation Media Group undervalued compared to its fair value and its price relative to the market?

33.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NMG (KES22.15) is trading below our estimate of fair value (KES33.5)

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


Price To Earnings Ratio

PE vs Industry: NMG is good value based on its PE Ratio (6.4x) compared to the African Media industry average (14.7x).

PE vs Market: NMG's PE Ratio (6.4x) is in line with the KE market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate NMG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NMG's PB Ratio (0.6x) is in line with the XF Media industry average.


Future Growth

How is Nation Media Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.3%

Forecasted Media industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Nation Media Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Nation Media Group performed over the past 5 years?

-34.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NMG has high quality earnings.

Growing Profit Margin: NMG's current net profit margins (9.8%) are higher than last year (0.8%).


Past Earnings Growth Analysis

Earnings Trend: NMG's earnings have declined by 34.5% per year over the past 5 years.

Accelerating Growth: NMG's earnings growth over the past year (993.1%) exceeds its 5-year average (-34.5% per year).

Earnings vs Industry: NMG earnings growth over the past year (993.1%) exceeded the Media industry -17.3%.


Return on Equity

High ROE: NMG's Return on Equity (8.8%) is considered low.


Financial Health

How is Nation Media Group's financial position?


Financial Position Analysis

Short Term Liabilities: NMG's short term assets (KES7.7B) exceed its short term liabilities (KES3.7B).

Long Term Liabilities: NMG's short term assets (KES7.7B) exceed its long term liabilities (KES451.6M).


Debt to Equity History and Analysis

Debt Level: NMG is debt free.

Reducing Debt: NMG had no debt 5 years ago.

Debt Coverage: NMG has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: NMG has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Nation Media Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate NMG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate NMG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if NMG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NMG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: NMG is not paying a notable dividend for the KE market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NMG's dividend in 3 years as they are not forecast to pay a notable one for the KE market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Stephen Gitagama (54 yo)

no data

Tenure

KSh32,400,000

Compensation

Mr. Stephen Gitagama has been Group Chief Executive Officer and Director at Nation Media Group Limited since March 2008 and served as its Group Finance Director. Mr. Gitagama served as Group Finance Dire...


CEO Compensation Analysis

Compensation vs Market: Stephen's total compensation ($USD292.02K) is about average for companies of similar size in the KE market ($USD263.52K).

Compensation vs Earnings: Stephen's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: NMG's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: NMG's board of directors are seasoned and experienced ( 12.1 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Nation Media Group PLC's employee growth, exchange listings and data sources


Key Information

  • Name: Nation Media Group PLC
  • Ticker: NMG
  • Exchange: NASE
  • Founded: 1959
  • Industry: Publishing
  • Sector: Media
  • Market Cap: KSh4.594b
  • Shares outstanding: 207.40m
  • Website: https://www.nationmedia.com

Number of Employees


Location

  • Nation Media Group PLC
  • Nation Centre
  • Kimathi Street
  • Nairobi
  • 100
  • Kenya

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 14:02
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.