A leading broker is bullish about media shares. The Domain Group includes real estate, media, and services businesses. Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 104, Isle of Capri, Qld 4217. Long Term Liabilities: NEC's short term assets (A$897.7M) do not cover its long term liabilities (A$1.2B). When does Nine Entertainment Co Holdings next pay dividends? Trading at 68.1% below our estimate of its fair value, Earnings are forecast to grow 7.46% per year, Dividend of 6.86% is not well covered by earnings, Large one-off items impacting financial results. The only outlier was Subscription Video Services, which declined 6% in the quarter to $494 milli Nine Entertainment Co Holdings Ltd (ASX: NEC) Shares in Nine Entertainment Co Holdings last closed at AU$1.97 and the price had moved by -25.94% over the past 365 days. Its assets include the 9Network, The Sydney Morning Herald, The Age and The Australian Financial Review; radio stations, such as 2GB, 3AW, 4BC and 6PR; digital properties, such as nine.com.au, 9Now, 9Honey, Pedestrian.TV, Drive and others. Before joining lntigral, he headed Corporate Strategy and Business Development at ninemsn where he established a portfolio of high growth digital media businesses including the start-up of MSN New Zealand and management of the EPG and listings business HWW. Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement. The Stan segment offers a subscription video on-demand service. Earnings vs Market: NEC's earnings (7.5% per year) are forecast to grow faster than the Australian market (6.1% per year).
He has a broad knowledge of strategic, structural, operational, financial and resource management as well as a proven history of driving strong revenue growth across all areas of these businesses. Data delayed at least 20 minutes, as of Jul 21 2022 07:10 BST. loss of A$101.0M impacting its December 31 2021 financial results. How Much Money Do You Need To Start Investing? Mr Costello is currently Chairman of the Board of Guardians of Australia;s Future Fund and serves on a number of domestic and international advisory boards. The Digital and Publishing segment includes Nine Digital, including Nine.com.au and other digital activities, and Metropolitan Media, including metropolitan news, sport, lifestyle and business media across various platforms. Nine Entertainment Co. Holdings Ltd is an Australia-based media company. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. At the end of the session, the benchmark index finished 0.19% higher at 7,065.7 points. The Stan segment offers a subscription video on-demand service. Search FT.com for Nine Entertainment Co Holdings Ltd. All rights reserved. The WAM Capital Limited (ASX: WAM) share price closed the session today down 4.87% to $1.66. 889,855 - Performance rights. Who are the key directors of Nine Entertainment Co Holdings? Future ROE: NEC's Return on Equity is forecast to be low in 3 years time (16.7%). Index data is provided S&P Dow Jones Indices LLC 2020. Some of its assets include the Nine Network, The Sydney Morning Herald, The Age, Australian Financial Review, CarAdvice and Stan. NEC's debt to equity ratio has reduced from 23.1% to 20.6% over the past 5 years. Ms Lewis holds a Bachelor of Arts, Economics from the University of Liverpool. The chart compares price return only. Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks, https://www.nineforbrands.com.au/investors/. In terms of relative price strength the Nine Entertainment Co Holdings share price has underperformed the ASX All Ordinaries Index by -18.67% over the past year. Markit Short Selling Activity Markit. Debt Level: NEC's net debt to equity ratio (11.2%) is considered satisfactory. He commenced his career as a solicitor and then a barrister. It operates through four segments: Broadcasting, Digital and Publishing, Domain Group and Stan. Invalid password: this word has been flagged as unsuitable for use as a secure password. NEC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average. 
Market data is provided and copyrighted by Thomson Reuters and Morningstar. Southern Cross (ASX:SXL) and ASX travel shares are making headlines. Nine Entertainment also holds a 60% ownership of real estate and technology services business, Domain Holdings Limited (DHG). Please read ourTerms & ConditionsandFinancial Services Guidebefore using this website. High ROE: NEC's Return on Equity (10.5%) is considered low. What is an Initial Public Offering (IPO)? Mr. Michael John Sneesby, also known as Mike, serves as the Non-Executive and the Non-Independent Director at Domain Holdings Australia Limited since April 21, 2021. Interest Coverage: NEC's interest payments on its debt are well covered by EBIT (16.4x coverage).
As per announcement on 11-05-2022, Issue of securities. -, Nine Entertainment Co. Holdings Limited Announces the Resignation of Lizzie Young as Managing Director, Group Marketing and Local Markets, Australia's Brambles ends $14 billion takeover talks with CVC Capital, Australia flags move on high fuel prices as election nears, Chief Executive Officer, MD & Executive Director, Managing Director-Group Marketing & Local Markets, Pendal Group Ltd. (Investment Management). This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. ASX 200 | A B C D E F G H I J L M N O P Q R S T U V W X. What is the trend in the Nine Entertainment Co Holdings share price? These ASX shares are avoiding the market selloff. How has the Nine Entertainment Co Holdings share price performed this year? Ms Lewis is a chartered accountant with experience in accounting, finance, auditing, risk management, corporate governance, capital markets and due diligence.
You might already have an ASX account with another platform. Nine Entertainment Co. Holdings exhibits a price/sales ratio which is less than the industry average for media & entertainment stocks listed on the ASX. All rights reserved. Earnings Trend: NEC has become profitable over the past 5 years, growing earnings by -5.3% per year. Short Term Liabilities: NEC's short term assets (A$897.7M) exceed its short term liabilities (A$747.6M). What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target? All rights reserved. The Digital and Publishing segment includes Nine Digital, including Nine.com.au and other digital activities, and Metropolitan Media, including metropolitan news, sport, lifestyle and business media across various platforms. Here are the trading details for Nine Entertainment Co Holdings:. She is Chair of the Risk Management committee and a member of the People committee. To buy shares in Nine Entertainment Co Holdings you'll need a share-dealing account with an online or offline stock broker. Record date is March 4, 2022. Her most recent executive role was Director of Legal - Content Commercial and Joint Ventures for Sky Plc in the UK.
With its merger with Fairfax Media in December 2018, it also became Australias largest locally owned media company. For this estimate we use a Discounted Cash Flow model. Copyright 2022 Kalkine Media Pty Ltd. All Rights Reserved. NEC's dividend payments have increased, but the company has only paid a dividend for 8 years. He was formerly the CEO of the Microsoft/Nine e-commerce joint venture, Cudo, up until its sale in 2013. To use it, you must accept our Terms of use, Privacy and Disclaimer policies. By clicking this button, you agree to our, Inflation: Our 3 Stocks to Beat Rising Prices, Our Triple Down Buy Alert for the Digital Entertainment Boom, 3 ASX Stocks We Think Could Benefit from the Green Investing Boom, Commonwealth Bank of Australia (ASX: CBA), Flight Centre Travel Group Ltd (ASX: FLT), Vanguard Australian Shares Index (ASX: VAS), Setting Yourself Up for Success Before You Start. NEC is good value based on its Price-To-Earnings Ratio (17.3x) compared to the estimated Fair Price-To-Earnings Ratio (23.4x). Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement. As per announcement 11-05-2022, Rights issue. Nine is one of the largest media businesses in Australia. To make the world Smarter, Happier, And Richer. (70.7%), NEC's dividend payments are covered by cash flows. You can view the full broker recommendation list by unlocking its StockReport. The Nine Entertainment Ltd (ASX: NEC) share price is moving higher today after the business provided a trading update for the start of FY22. FT is not responsible for any use of content by you outside its scope as stated in the. It operates through Broadcasting, Digital and Publishing, Domain Group, and Stan segments. The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. Price-To-Earnings vs Peers: NEC is good value based on its Price-To-Earnings Ratio (17.3x) compared to the peer average (18x). The company provides television services under the brands, including Channel 9, 9Gem, 9Go!, 9Life, and 9Rush; video on demand platform under 9Now brand; radio stations under 2GB, 3AW, 4BC, 6PR, 2UE, 4BH, 6GT, Magic1278 brands; and publishes newspapers, news-inserted magazines, and events, as well as nine.com.au, a site of news, lifestyle, sport, and entertainment content. Nine Entertainment Co. Holdings Ltd is an Australia-based media company. In this article we are going to estimate the intrinsic value of Nine Entertainment Co. Holdings Limited ( ASX:NEC ) by Warren Buffett famously said, 'Volatility is far from synonymous with risk.' As of Today at 13:16 UTC, shares in Nine Entertainment Co Holdings are trading atAU$1.97. Payment date is April 21, 2022. And for some that were already trading around their lowest point in 12 months, todays dip has brought unfortunate miles Today, the S&P/ASX 200 Index(ASX: XJO) snapped out of its three-day losing streak by finding momentum throughout the afternoon. From 2009, Mr Costello has worked as a corporate adviser in the fields of mergers, acquisitions and foreign investment. Although Markit has made every effort to ensure this data is correct, nevertheless no guarantee is given to the accuracy or completeness. Ms Lewis has been a non-executive director since 2014, and in addition to Nine Entertainment, serves on the Boards of ASX-listed Orora Ltd (since March 2014) and Aurizon Holdings Ltd (since February 2015) and is also the Chair of the Audit and Risk Committee of the Australian Prudential Regulatory Authority. Stable Share Price: NEC is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week. What is the Nine Entertainment Co Holdings PE Ratio? It is calculated by dividing a company's price per share by its earnings per share. Why is the WAM Capital share price down 20% in June? than 75% of Australian stocks over the past 3 months. Nine Entertainment Co. Holdings Ltd is an Australia-based media company. Here are the details. Mr Falloon served as CEO of Publishing and Broadcasting Limited (PBL) from 1998 to 2001 and before that as Chief Executive Officer of PBL Enterprises and Group Financial Director of PBL. Click for restrictions. All content on FT.com is for your general information and use only and is not intended to address your particular requirements. dashboard, Electronic delivery of CHESS notifications. He serves as the Managing Director and Show more. Ms Rosen has also served as a Senior Advisor to the Boston Consulting Group and was a co-founder and partner of Whisper Advisors. Last year, Nine Entertainment Co Holdings paid a total dividend of AU$0.13, and it currently has a trailing dividend yield of 6.35%.We do not have any data on when Nine Entertainment Co Holdings is to next pay dividends. In this role, Ms West was responsible for all of Sky's content relationships, distribution, commercial activities and joint ventures. How has Nine Entertainment Holdings performed over the past 5 years? This site cannot substitute for professional investment advice or independent factual verification. A leading broker picks its top half dozen this reporting season. Volatility Over Time: NEC's weekly volatility (5%) has been stable over the past year. How experienced are the management team and are they aligned to shareholders interests? NEC's earnings are forecast to grow, but not.
Ms Rosen currently serves on public, private, and non-profit boards, and she advises to companies in digital media and commerce. Nine Entertainment Co Holdings Ltd (ASX:NEC) is one of Australias most well-known media companies. Compensation vs Earnings: Insufficient data to compare Mike's compensation with company performance. Mr Lancaster is currently a Director of Free TV Australia, Broadcast Transmission Services and NRL team St George Illawarra Dragons.