NINE ENTERTAINMENT CO. HOLDINGS LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.465 AUD | +0.34% |
|
-1.35% | -27.48% |
| 04-16 | New Zealand's Stuff Group to produce news programme after Warner Bros Discovery closes newsroom | RE |
| 03-01 | Meta Says It Won't Renew Deals With News Publishers in Australia, U.S. | DJ |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,180 | 2,340 | 4,960 | 3,111 | 3,256 | 2,349 | - | - |
| Enterprise Value (EV) 1 | 3,436 | 2,736 | 5,210 | 3,436 | 3,779 | 2,876 | 2,783 | 2,672 |
| P/E ratio | 11.7 x | -3.94 x | 29.1 x | 10.7 x | 17.9 x | 12.1 x | 11 x | 10 x |
| Yield | 5.33% | 5.07% | 3.61% | 7.67% | 5.6% | 5.48% | 6.12% | 6.84% |
| Capitalization / Revenue | 1.62 x | 1.08 x | 2.13 x | 1.16 x | 1.21 x | 0.89 x | 0.85 x | 0.83 x |
| EV / Revenue | 1.75 x | 1.26 x | 2.23 x | 1.28 x | 1.4 x | 1.08 x | 1 x | 0.95 x |
| EV / EBITDA | 9.82 x | 6.9 x | 9.23 x | 4.9 x | 6.39 x | 5.58 x | 5.13 x | 4.59 x |
| EV / FCF | 17.6 x | 11.5 x | 17.1 x | 8.33 x | 14.9 x | 14.6 x | 11.1 x | 9.26 x |
| FCF Yield | 5.68% | 8.72% | 5.84% | 12% | 6.72% | 6.87% | 9.03% | 10.8% |
| Price to Book | 1.24 x | 1.25 x | 2.73 x | 1.66 x | 1.9 x | 1.38 x | 1.32 x | 1.26 x |
| Nbr of stocks (in thousands) | 1,696,206 | 1,695,300 | 1,704,583 | 1,704,745 | 1,657,038 | 1,603,602 | - | - |
| Reference price 2 | 1.875 | 1.380 | 2.910 | 1.825 | 1.965 | 1.465 | 1.465 | 1.465 |
| Announcement Date | 21/08/19 | 26/08/20 | 24/08/21 | 24/08/22 | 23/08/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,965 | 2,171 | 2,331 | 2,689 | 2,695 | 2,652 | 2,772 | 2,814 |
| EBITDA 1 | 349.9 | 396.7 | 564.7 | 700.7 | 591.2 | 515.7 | 542.7 | 582.5 |
| EBIT 1 | 276.2 | 246.8 | 415.6 | 551.6 | 435.5 | 347.2 | 378.3 | 414.9 |
| Operating Margin | 14.05% | 11.37% | 17.83% | 20.51% | 16.16% | 13.09% | 13.65% | 14.75% |
| Earnings before Tax (EBT) 1 | 282.5 | -481.5 | 279.6 | 449.7 | 275.1 | 304.9 | 328.4 | 361.5 |
| Net income 1 | 233.9 | -590 | 169.4 | 290.3 | 181.8 | 195.8 | 217.4 | 240.5 |
| Net margin | 11.9% | -27.18% | 7.26% | 10.8% | 6.75% | 7.38% | 7.84% | 8.55% |
| EPS 2 | 0.1600 | -0.3500 | 0.1000 | 0.1708 | 0.1100 | 0.1210 | 0.1329 | 0.1465 |
| Free Cash Flow 1 | 195 | 238.5 | 304.4 | 412.5 | 253.9 | 197.6 | 251.2 | 288.6 |
| FCF margin | 9.93% | 10.99% | 13.06% | 15.34% | 9.42% | 7.45% | 9.06% | 10.26% |
| FCF Conversion (EBITDA) | 55.74% | 60.13% | 53.9% | 58.86% | 42.96% | 38.31% | 46.29% | 49.54% |
| FCF Conversion (Net income) | 83.4% | - | 179.73% | 142.08% | 139.67% | 100.88% | 115.56% | 119.99% |
| Dividend per Share 2 | 0.1000 | 0.0700 | 0.1050 | 0.1400 | 0.1100 | 0.0802 | 0.0896 | 0.1001 |
| Announcement Date | 21/08/19 | 26/08/20 | 24/08/21 | 24/08/22 | 23/08/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,196 | 974.9 | 1,164 | 1,168 | 1,333 | 1,356 | 1,403 | 1,291 | 1,371 | 1,268 |
| EBITDA | 250.8 | 145.9 | 355.4 | 209.3 | 406.3 | 294.4 | 370.5 | - | 316.1 | - |
| EBIT 1 | 176.9 | - | 279.1 | 136.5 | 330.3 | 221.3 | 289.8 | 145.7 | 240.7 | 86.37 |
| Operating Margin | 14.8% | - | 23.98% | 11.69% | 24.78% | 16.32% | 20.65% | 11.28% | 17.55% | 6.81% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - |
| Net income | 76.1 | - | 172.7 | -3.293 | 203.5 | - | 183.1 | - | 98.89 | - |
| Net margin | 6.36% | - | 14.84% | -0.28% | 15.27% | - | 13.05% | - | 7.21% | - |
| EPS | 0.0500 | -0.4000 | 0.1000 | - | 0.1200 | 0.0508 | 0.1100 | - | 0.0600 | - |
| Dividend per Share | - | - | - | - | - | - | - | - | 0.0400 | - |
| Announcement Date | 25/02/20 | 26/08/20 | 23/02/21 | 24/08/21 | 23/02/22 | 24/08/22 | 22/02/23 | 23/08/23 | 21/02/24 | - |
1AUD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 256 | 397 | 250 | 324 | 523 | 527 | 433 | 322 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.7314 x | 1.001 x | 0.4425 x | 0.463 x | 0.885 x | 1.022 x | 0.7988 x | 0.5532 x |
| Free Cash Flow 1 | 195 | 239 | 304 | 412 | 254 | 198 | 251 | 289 |
| ROE (net income / shareholders' equity) | 9.46% | 6.69% | 14.8% | 18.9% | 14.7% | 11% | 11.8% | 13.1% |
| ROA (Net income/ Total Assets) | 7.47% | 3.87% | 6.93% | 8.66% | 6.43% | 5.03% | 5.4% | 5.77% |
| Assets 1 | 3,131 | -15,246 | 2,443 | 3,353 | 2,829 | 3,890 | 4,025 | 4,169 |
| Book Value Per Share 2 | 1.510 | 1.100 | 1.060 | 1.100 | 1.030 | 1.060 | 1.110 | 1.160 |
| Cash Flow per Share 2 | 0.1600 | 0.2200 | 0.2300 | 0.2900 | 0.2100 | 0.1900 | 0.2200 | 0.2300 |
| Capex 1 | 62.5 | 139 | 93.8 | 74.8 | 97.8 | 118 | 118 | 114 |
| Capex / Sales | 3.18% | 6.4% | 4.02% | 2.78% | 3.63% | 4.44% | 4.26% | 4.05% |
| Announcement Date | 21/08/19 | 26/08/20 | 24/08/21 | 24/08/22 | 23/08/23 | - | - | - |
1AUD in Million2AUD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
1.465
AUD
Average target price
2.06
AUD
Spread / Average Target
+40.61%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -27.48% | 1.55B | |
| +8.22% | 14.65B | |
| +6.26% | 5.49B | |
| -15.33% | 4.93B | |
| +48.98% | 3.77B | |
| -7.90% | 3.1B | |
| -7.39% | 2.5B | |
| +2.47% | 1.8B | |
| -47.91% | 1.65B | |
| -14.74% | 1.53B |
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- Financials Nine Entertainment Co. Holdings Limited
