NMG Stock Overview
Nation Media Group PLC, together with its subsidiaries, operates as an independent media house in East and Central Africa.
Nation Media Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||KSh16.95|
|52 Week High||KSh24.65|
|52 Week Low||KSh15.40|
|1 Month Change||-8.38%|
|3 Month Change||-0.59%|
|1 Year Change||-26.30%|
|3 Year Change||-54.13%|
|5 Year Change||-83.05%|
|Change since IPO||-26.90%|
Recent News & Updates
|NMG||KE Media||KE Market|
Return vs Industry: NMG underperformed the KE Media industry which returned 2.7% over the past year.
Return vs Market: NMG exceeded the KE Market which returned -29.5% over the past year.
|NMG Average Weekly Movement||6.2%|
|Media Industry Average Movement||5.9%|
|Market Average Movement||5.9%|
|10% most volatile stocks in KE Market||9.5%|
|10% least volatile stocks in KE Market||3.2%|
Stable Share Price: NMG is not significantly more volatile than the rest of KE stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: NMG's weekly volatility (6%) has been stable over the past year.
About the Company
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
|NMG fundamental statistics|
Is NMG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NMG income statement (TTM)|
|Cost of Revenue||KSh1.21b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||2.58|
|Net Profit Margin||6.46%|
How did NMG perform over the long term?See historical performance and comparison
8.8%Current Dividend Yield
Is NMG undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NMG?
Other financial metrics that can be useful for relative valuation.
|What is NMG's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does NMG's PE Ratio compare to its peers?
|NMG PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
LKL Longhorn Publishers
CFN Cofina SGPS
GLORY Glory Forever
NMG Nation Media Group
Price-To-Earnings vs Peers: NMG is good value based on its Price-To-Earnings Ratio (6.6x) compared to the peer average (60.1x).
Price to Earnings Ratio vs Industry
How does NMG's PE Ratio compare vs other companies in the Global Media Industry?
Price-To-Earnings vs Industry: NMG is good value based on its Price-To-Earnings Ratio (6.6x) compared to the Global Media industry average (12.6x)
Price to Earnings Ratio vs Fair Ratio
What is NMG'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.
|Current PE Ratio||6.6x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate NMG's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of NMG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NMG (KES16.95) is trading below our estimate of fair value (KES80.01)
Significantly Below Fair Value: NMG is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Nation Media Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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.
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- Examine whether Nation Media Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
How has Nation Media Group performed over the past 5 years?
Past Performance Score4/6
Past Performance Score 4/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NMG has high quality earnings.
Growing Profit Margin: NMG's current net profit margins (6.5%) are higher than last year (0.7%).
Past Earnings Growth Analysis
Earnings Trend: NMG's earnings have declined by 32.8% per year over the past 5 years.
Accelerating Growth: NMG's earnings growth over the past year (922.5%) exceeds its 5-year average (-32.8% per year).
Earnings vs Industry: NMG earnings growth over the past year (922.5%) exceeded the Media industry 229%.
Return on Equity
High ROE: NMG's Return on Equity (6.1%) is considered low.
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How is Nation Media Group's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: NMG's short term assets (KES8.1B) exceed its short term liabilities (KES4.1B).
Long Term Liabilities: NMG's short term assets (KES8.1B) exceed its long term liabilities (KES457.5M).
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.
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What is Nation Media Group current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Nation Media Group Dividend Yield vs Market|
|Company (Nation Media Group)||8.8%|
|Market Bottom 25% (KE)||5.6%|
|Market Top 25% (KE)||10.0%|
|Industry Average (Media)||5.2%|
|Analyst forecast in 3 Years (Nation Media Group)||n/a|
Notable Dividend: NMG's dividend (8.85%) is higher than the bottom 25% of dividend payers in the KE market (5.56%).
High Dividend: NMG's dividend (8.85%) is low compared to the top 25% of dividend payers in the KE market (10.05%).
Stability and Growth of Payments
Stable Dividend: NMG's dividend payments have been volatile in the past 10 years.
Growing Dividend: NMG's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.5%), NMG's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate cash payout ratio to determine if its dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Stephen Gitagama (55 yo)
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
|Stephen Gitagama's Compensation vs Nation Media Group Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Dec 31 2021||KSh45m||KSh37m|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||KSh32m||KSh30m|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||KSh42m||KSh39m|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||KSh40m||KSh37m|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||KSh33m||KSh31m|
|Sep 30 2017||n/a||n/a|
|Jun 30 2017||n/a||n/a|
|Mar 31 2017||n/a||n/a|
|Dec 31 2016||KSh32m||KSh30m|
Compensation vs Market: Stephen's total compensation ($USD370.92K) is above average for companies of similar size in the KE market ($USD237.38K).
Compensation vs Earnings: Stephen's compensation has increased by more than 20% in the past year.
Experienced Board: NMG's board of directors are seasoned and experienced ( 13.3 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.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Nation Media Group PLC's employee growth, exchange listings and data sources
- Name: Nation Media Group PLC
- Ticker: NMG
- Exchange: NASE
- Founded: 1959
- Industry: Publishing
- Sector: Media
- Implied Market Cap: KSh3.226b
- Shares outstanding: 190.30m
- Website: https://www.nationmedia.com
Number of Employees
- Nation Media Group PLC
- Nation Centre
- Kimathi Street
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NMG||NASE (Nairobi Stock Exchange)||Yes||Ordinary Shares||KE||KES||Jan 2000|
|NMG||UGSE (Uganda Stock Exchange)||Yes||Ordinary Shares||UG||UGX||Jan 2000|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/01 00:00|
|End of Day Share Price||2022/09/30 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.