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

NZM is expensive based on its Price-To-Earnings Ratio (15.4x) compared to the peer average (7.9x).

How does NZM's PE Ratio compare vs other companies in the Global Media Industry?

NZM is good value based on its Price-To-Earnings Ratio (15.4x) compared to the Global Media industry average (15.4x).

What is NZM'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.

NZM is expensive based on its Price-To-Earnings Ratio (15.4x) compared to the estimated Fair Price-To-Earnings Ratio (13x).

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

NZM (NZ$1.01) is trading below our estimate of [[fair value]] (NZ$2.39)

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

Target price is less than 20% higher than the current share price.

NZME (NZSE:NZM) - Stock Price, News & Analysis

NZM Stock Overview

Engages in the integrated media and entertainment business in New Zealand. More details

NZM fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	2/6
Financial Health	4/6
Dividends	3/6

Rewards

Trading at 57.8% below our estimate of its fair value

Earnings are forecast to grow 14.1% per year

Risk Analysis

Dividend of 8.91% is not well covered by earnings

Significant insider selling over the past 3 months

NZME Limited Competitors

SKY Network Television

NZSE:SKT

NZ$355.2m

Oriental Enterprise Holdings

SEHK:18

HK$947.2m

North Media

CPSE:NORTHM

DKK 922.9m

Gyldendal

CPSE:GYLD B

DKK 749.7m

Price History & Performance

Summary of all time highs, changes and price drops for NZME
Historical stock prices
Current Share Price	NZ$1.01
52 Week High	NZ$1.09
52 Week Low	NZ$0.81
Beta	0.93
11 Month Change	-2.88%
3 Month Change	1.00%
1 Year Change	12.22%
33 Year Change	-25.19%
5 Year Change	140.48%
Change since IPO	26.25%

NZME's (NZSE:NZM) Conservative Accounting Might Explain Soft Earnings

Sep 03

NZME's (NZSE:NZM) Dividend Will Be NZ$0.0353

Aug 31

Recent updates

NZME's (NZSE:NZM) Conservative Accounting Might Explain Soft Earnings

Sep 03

NZME's (NZSE:NZM) Dividend Will Be NZ$0.0353

Aug 31

Improved Earnings Required Before NZME Limited (NZSE:NZM) Stock's 27% Jump Looks Justified

Jan 01

Here's Why Shareholders May Want To Be Cautious With Increasing NZME Limited's (NZSE:NZM) CEO Pay Packet

Apr 09

Is NZME (NZSE:NZM) Using Too Much Debt?

Mar 16

Earnings Update: Here's Why Analysts Just Lifted Their NZME Limited (NZSE:NZM) Price Target To NZ$0.99

Feb 26

How Many NZME Limited (NZSE:NZM) Shares Did Insiders Buy, In The Last Year?

Feb 14

How Much Is NZME's (NZSE:NZM) CEO Getting Paid?

Dec 21

Here's What NZME Limited's (NZSE:NZM) Shareholder Ownership Structure Looks Like

Nov 30

Shareholder Returns

	NZM	NZ Media	NZ Market
7D	-5.6%	2.0%	-0.2%
1Y	12.2%	-27.9%	9.4%

Return vs Industry: NZM exceeded the NZ Media industry which returned -27.9% over the past year.

Return vs Market: NZM exceeded the NZ Market which returned 9.4% over the past year.

Price Volatility

Is NZM's price volatile compared to industry and market?
NZM volatility
NZM Average Weekly Movement	3.2%
Media Industry Average Movement	5.7%
Market Average Movement	4.5%
10% most volatile stocks in NZ Market	10.0%
10% least volatile stocks in NZ Market	3.0%

Stable Share Price: NZM has not had significant price volatility in the past 3 months compared to the NZ market.

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

About the Company

Founded	Employees	CEO	Website
2001	n/a	Michael Boggs	www.nzme.co.nz

NZME Limited, together with its subsidiaries, engages in the integrated media and entertainment business in New Zealand. It operates through Audio, Publishing, OneRoof, and Other segments. The company operates terrestrial radio stations, digital iHeartRadio, podcasts, and radio brand websites; print publications and digital news websites including nzherald.co.nz.

NZME Limited Fundamentals Summary

How do NZME's earnings and revenue compare to its market cap?
NZM fundamental statistics
Market cap	NZ$188.55m
Earnings (TTM)	NZ$12.23m
Revenue (TTM)	NZ$345.75m

15.4x

P/E Ratio

0.5x

P/S Ratio

Is NZM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NZM income statement (TTM)
Revenue	NZ$345.75m
Cost of Revenue	NZ$259.17m
Gross Profit	NZ$86.58m
Other Expenses	NZ$74.36m
Earnings	NZ$12.23m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.065
Gross Margin	25.04%
Net Profit Margin	3.54%
Debt/Equity Ratio	30.0%

How did NZM perform over the long term?

See historical performance and comparison

Dividends

8.9%

Current Dividend Yield

136%

Payout Ratio

NZM Stock Overview

Rewards

Risk Analysis

NZME Limited Competitors

NZSE:SKT

NZ$355.2m

SEHK:18

HK$947.2m

CPSE:NORTHM

DKK 922.9m

CPSE:GYLD B

DKK 749.7m

Price History & Performance

Recent News & Updates

Consensus EPS estimates fall by 17%

Chief Financial Officer recently sold NZ$95k worth of stock

NZME's (NZSE:NZM) Conservative Accounting Might Explain Soft Earnings

NZME's (NZSE:NZM) Dividend Will Be NZ$0.0353

First half dividend of NZ$0.035 announced

First half 2024 earnings released: EPS: NZ$0.01 (vs NZ$0.013 in 1H 2023)

Recent updates

Consensus EPS estimates fall by 17%

Chief Financial Officer recently sold NZ$95k worth of stock

NZME's (NZSE:NZM) Conservative Accounting Might Explain Soft Earnings

NZME's (NZSE:NZM) Dividend Will Be NZ$0.0353

First half dividend of NZ$0.035 announced

First half 2024 earnings released: EPS: NZ$0.01 (vs NZ$0.013 in 1H 2023)

NZME Limited to Report First Half, 2024 Results on Aug 27, 2024

New minor risk - Market cap size

Insufficient new directors

Upcoming dividend of NZ$0.071 per share

Final dividend of NZ$0.071 announced

Full year 2023 earnings: EPS misses analyst expectations

NZME Limited, Annual General Meeting, Apr 11, 2024

NZME Limited to Report Fiscal Year 2023 Results on Feb 21, 2024

Improved Earnings Required Before NZME Limited (NZSE:NZM) Stock's 27% Jump Looks Justified

We Like These Underlying Return On Capital Trends At NZME (NZSE:NZM)

New minor risk - Share price stability

Upcoming dividend of NZ$0.035 per share at 9.6% yield

Price target decreased by 7.1% to NZ$1.18

First half 2023 earnings released: EPS: NZ$0.013 (vs NZ$0.044 in 1H 2022)

NZME Limited Announces Ordinary Fully Paid Foreign Exempt NZX Dividend for the Six Months Ended June 30, 2023, Payable on September 27, 2023

NZME Limited to Report Q2, 2023 Results on Aug 25, 2023

NZME Announces Executive Changes

Upcoming dividend of NZ$0.071 per share at 7.5% yield

NZME's (NZSE:NZM) Shareholders Will Receive A Bigger Dividend Than Last Year

Full year 2022 earnings released: EPS: NZ$0.12 (vs NZ$0.17 in FY 2021)

NZME Limited to Report Fiscal Year 2022 Results on Feb 22, 2023

Price target decreased to NZ$1.27

Price target decreased to NZ$1.27

NZME Limited Announces New Dividend Policy

NZME's (NZSE:NZM) Dividend Will Be NZ$0.0353

Upcoming dividend of NZ$0.035 per share

NZME (NZSE:NZM) Is Paying Out A Dividend Of NZ$0.0353

First half 2022 earnings released: EPS: NZ$0.044 (vs NZ$0.029 in 1H 2021)

NZME Limited Declares Fully Imputed Dividend for the Period Ended June 30, 2022, Payable on 27 September 2022

NZME Limited to Report First Half, 2022 Results on Aug 23, 2022

Nzme Limited Announces Special Dividend on Nzm - Ordinary Fully Paid Foreign Exempt Nzx, Payment Date Is July 12, 2022

Price target increased to NZ$1.63

Price target increased to NZ$1.63

NZME (NZSE:NZM) Might Have The Makings Of A Multi-Bagger

Upcoming dividend of NZ$0.059 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

NZME Limited, Annual General Meeting, Apr 11, 2022

NZME Limited (NZSE:NZM) acquired Radio Wanaka from Mike Regal.

NZME Limited (NZSE:NZM) announces an Equity Buyback for 21,428,571 shares, for NZD 30 million.

NZME (NZSE:NZM) Is Doing The Right Things To Multiply Its Share Price

Price target increased to NZ$1.45

NZME (NZSE:NZM) Has A Pretty Healthy Balance Sheet

Upcoming dividend of NZ$0.035 per share

First half 2021 earnings released: EPS NZ$0.029 (vs NZ$0.016 in 1H 2020)

Global Marketplace New Zealand agreed to acquire GrabOne Ltd. from NZME Limited (NZSE:NZM) for NZD 17.5 million.

Returns Are Gaining Momentum At NZME (NZSE:NZM)

Is Now The Time To Look At Buying NZME Limited (NZSE:NZM)?

NZME (NZSE:NZM) Is Looking To Continue Growing Its Returns On Capital

NZME Limited Provides Profit Guidance for the Year 2021

Here's Why Shareholders May Want To Be Cautious With Increasing NZME Limited's (NZSE:NZM) CEO Pay Packet

Is NZME (NZSE:NZM) Using Too Much Debt?

Earnings beat expectations, revenue disappoints

Earnings Update: Here's Why Analysts Just Lifted Their NZME Limited (NZSE:NZM) Price Target To NZ$0.99