| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 3/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
SKT Stock Overview
SKY Network Television Limited, an entertainment company, provides sports and entertainment media services and telecommunications services in New Zealand and internationally.
SKY Network Television Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NZ$2.37 |
| 52 Week High | NZ$2.93 |
| 52 Week Low | NZ$1.55 |
| Beta | 1.19 |
| 1 Month Change | -12.22% |
| 3 Month Change | -18.28% |
| 1 Year Change | 38.60% |
| 3 Year Change | -79.57% |
| 5 Year Change | -93.19% |
| Change since IPO | -95.88% |
Recent News & Updates
SKY Network Television's (NZSE:SKT) Performance Is Even Better Than Its Earnings Suggest
When companies post strong earnings, the stock generally performs well, just like SKY Network Television Limited's...
Shareholder Returns
| SKT | NZ Media | NZ Market | |
|---|---|---|---|
| 7D | -0.4% | 0.7% | -0.2% |
| 1Y | 38.6% | -28.1% | -18.5% |
Return vs Industry: SKT exceeded the NZ Media industry which returned -28.1% over the past year.
Return vs Market: SKT exceeded the NZ Market which returned -18.5% over the past year.
Price Volatility
| SKT volatility | |
|---|---|
| SKT Average Weekly Movement | 5.5% |
| Media Industry Average Movement | 6.9% |
| Market Average Movement | 4.5% |
| 10% most volatile stocks in NZ Market | 8.3% |
| 10% least volatile stocks in NZ Market | 3.0% |
Stable Share Price: SKT is not significantly more volatile than the rest of NZ stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: SKT's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2005 | n/a | Sophie Moloney | https://www.sky.co.nz |
SKY Network Television Limited, an entertainment company, provides sports and entertainment media services and telecommunications services in New Zealand and internationally. The company provides commercial music, broadcasting services, entertainment quizzes, and streaming and management services, as well as data analytics services for sports. It offers sport, movies, shows, documentaries, music, news, and kid’s content.
SKY Network Television Fundamentals Summary
| SKT fundamental statistics | |
|---|---|
| Market Cap | NZ$414.01m |
| Earnings (TTM) | NZ$36.09m |
| Revenue (TTM) | NZ$726.04m |
11.5x
P/E Ratio0.6x
P/S RatioIs SKT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SKT income statement (TTM) | |
|---|---|
| Revenue | NZ$726.04m |
| Cost of Revenue | NZ$529.80m |
| Gross Profit | NZ$196.23m |
| Other Expenses | NZ$160.14m |
| Earnings | NZ$36.09m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 25, 2022
| Earnings per share (EPS) | 0.21 |
| Gross Margin | 27.03% |
| Net Profit Margin | 4.97% |
| Debt/Equity Ratio | 0.4% |
How did SKT perform over the long term?
See historical performance and comparisonValuation
Is SKT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation 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
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SKT?
Other financial metrics that can be useful for relative valuation.
| What is SKT's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | NZ$414.01m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.5x |
| Enterprise Value/EBITDA | 4.6x |
| PEG Ratio | -1.5x |
Price to Earnings Ratio vs Peers
How does SKT's PE Ratio compare to its peers?
| SKT PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 9.8x | ||
NZM NZME | 7.3x | -2.4% | NZ$252.9m |
6184 Dafeng TV | 12.3x | n/a | NT$7.1b |
A037560 LG HelloVision | 13.3x | 13.6% | ₩398.9b |
A053210 KT Skylife | 6.3x | 12.8% | ₩388.7b |
SKT SKY Network Television | 11.5x | -7.5% | NZ$414.0m |
Price-To-Earnings vs Peers: SKT is expensive based on its Price-To-Earnings Ratio (11.5x) compared to the peer average (9.8x).
Price to Earnings Ratio vs Industry
How does SKT's PE Ratio compare vs other companies in the Global Media Industry?
Price-To-Earnings vs Industry: SKT is good value based on its Price-To-Earnings Ratio (11.5x) compared to the Oceanic Media industry average (13.5x)
Price to Earnings Ratio vs Fair Ratio
What is SKT'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 11.5x |
| Fair PE Ratio | 11.5x |
Price-To-Earnings vs Fair Ratio: SKT is good value based on its Price-To-Earnings Ratio (11.5x) compared to the estimated Fair Price-To-Earnings Ratio (11.5x).
Share Price vs Fair Value
What is the Fair Price of SKT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SKT (NZ$2.37) is trading below our estimate of fair value (NZ$3.01)
Significantly Below Fair Value: SKT is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: SKT's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
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Future Growth
How is SKY Network Television forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
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
-7.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SKT's earnings are forecast to decline over the next 3 years (-7.5% per year).
Earnings vs Market: SKT's earnings are forecast to decline over the next 3 years (-7.5% per year).
High Growth Earnings: SKT's earnings are forecast to decline over the next 3 years.
Revenue vs Market: SKT's revenue (0.3% per year) is forecast to grow slower than the NZ market (6.6% per year).
High Growth Revenue: SKT'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: SKT's Return on Equity is forecast to be low in 3 years time (8.9%).
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Past Performance
How has SKY Network Television performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-14.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SKT has high quality earnings.
Growing Profit Margin: SKT became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: SKT has become profitable over the past 5 years, growing earnings by -14.4% per year.
Accelerating Growth: SKT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SKT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (24.7%).
Return on Equity
High ROE: SKT's Return on Equity (7.9%) is considered low.
Discover strong past performing companies
Financial Health
How is SKY Network Television's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: SKT's short term assets (NZ$262.9M) exceed its short term liabilities (NZ$207.3M).
Long Term Liabilities: SKT's short term assets (NZ$262.9M) exceed its long term liabilities (NZ$28.8M).
Debt to Equity History and Analysis
Debt Level: SKT has more cash than its total debt.
Reducing Debt: SKT's debt to equity ratio has reduced from 26.4% to 0.4% over the past 5 years.
Debt Coverage: SKT's debt is well covered by operating cash flow (8145.7%).
Interest Coverage: SKT's interest payments on its debt are well covered by EBIT (6.3x coverage).
Balance Sheet
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Dividend
What is SKY Network Television current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
9.03%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SKT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SKT'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 SKT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SKT's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: SKT is not paying a notable dividend for the NZ market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as SKT has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
0.9yrs
Average management tenure
CEO
Sophie Moloney
1.58yrs
Tenure
NZ$1,168,416
Compensation
Ms. Sophie Moloney serves as the Chief Executive Officer at SKY Network Television Limited since December 01, 2020. She served as the Chief Commercial Officer at SKY Network Television Limited since 2020 u...
CEO Compensation Analysis
Compensation vs Market: Sophie's total compensation ($USD722.40K) is about average for companies of similar size in the NZ market ($USD672.19K).
Compensation vs Earnings: Insufficient data to compare Sophie's compensation with company performance.
Leadership Team
Experienced Management: SKT's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
Experienced Board: SKT's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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
SKY Network Television Limited's employee growth, exchange listings and data sources
Key Information
- Name: SKY Network Television Limited
- Ticker: SKT
- Exchange: NZSE
- Founded: 2005
- Industry: Cable and Satellite
- Sector: Media
- Implied Market Cap: NZ$414.011m
- Shares outstanding: 174.69m
- Website: https://www.sky.co.nz
Location
- SKY Network Television Limited
- 10 Panorama Road
- Mt Wellington
- Auckland
- 1060
- New Zealand
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/02 00:00 |
| End of Day Share Price | 2022/07/01 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/06/30 |
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.