Aspermont Limited's (ASX:ASP) Stock Retreats 37% But Revenues Haven't Escaped The Attention Of Investors
Apr 29
Australian (ASX) Media Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies15
- 7D-0.06%
- 3M-13.9%
- 1Y-15.2%
- YTD-15.7%
The Media is pretty flat in the last 7 days, but oOh!media has stood out, gaining 6.0%. Unfortunately though, the industry is down 15% over the past 12 months. Earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the Australian Media Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | AU$4.9b | AU$7.7b | AU$244.2m | 21.7x | 19.9x | 0.6x |
| Fri, 05 Apr 2024 | AU$5.2b | AU$7.8b | AU$244.2m | 24x | 21.2x | 0.7x |
| Sun, 03 Mar 2024 | AU$5.3b | AU$7.7b | AU$244.2m | 24.1x | 21.6x | 0.7x |
| Tue, 30 Jan 2024 | AU$5.7b | AU$7.8b | AU$284.8m | 15x | 20.1x | 0.7x |
| Thu, 28 Dec 2023 | AU$5.9b | AU$7.8b | AU$284.8m | 15.4x | 20.6x | 0.8x |
| Sat, 25 Nov 2023 | AU$5.5b | AU$7.8b | AU$285.3m | 15x | 19.3x | 0.7x |
| Mon, 23 Oct 2023 | AU$5.6b | AU$7.8b | AU$285.2m | 13.7x | 19.5x | 0.7x |
| Wed, 20 Sep 2023 | AU$5.6b | AU$7.8b | AU$285.3m | 13.1x | 19.7x | 0.7x |
| Fri, 18 Aug 2023 | AU$5.9b | AU$7.6b | AU$332.8m | 12x | 17.7x | 0.8x |
| Sun, 16 Jul 2023 | AU$6.0b | AU$7.7b | AU$217.6m | 13.5x | 27.7x | 0.8x |
| Tue, 13 Jun 2023 | AU$5.7b | AU$7.7b | AU$216.4m | 13x | 26.4x | 0.7x |
| Thu, 11 May 2023 | AU$5.8b | AU$7.7b | AU$218.3m | 13.3x | 26.6x | 0.8x |
| Sat, 08 Apr 2023 | AU$6.4b | AU$7.7b | AU$218.3m | 14x | 29.2x | 0.8x |
| Mon, 06 Mar 2023 | AU$6.2b | AU$7.7b | AU$217.9m | 14x | 28.4x | 0.8x |
| Wed, 01 Feb 2023 | AU$6.6b | AU$7.2b | AU$431.6m | 13.7x | 15.3x | 0.9x |
| Fri, 30 Dec 2022 | AU$5.9b | AU$7.2b | AU$431.6m | 13.3x | 13.8x | 0.8x |
| Sun, 27 Nov 2022 | AU$6.5b | AU$7.2b | AU$431.6m | 14.3x | 15x | 0.9x |
| Tue, 25 Oct 2022 | AU$6.3b | AU$7.2b | AU$431.6m | 12.9x | 14.5x | 0.9x |
| Thu, 22 Sep 2022 | AU$6.6b | AU$7.2b | AU$431.6m | 12.7x | 15.3x | 0.9x |
| Sat, 20 Aug 2022 | AU$6.7b | AU$6.9b | AU$498.4m | 13.7x | 13.5x | 1x |
| Mon, 18 Jul 2022 | AU$5.9b | AU$6.7b | AU$567.2m | 20.1x | 10.5x | 0.9x |
| Wed, 15 Jun 2022 | AU$5.9b | AU$6.7b | AU$567.3m | 20.9x | 10.4x | 0.9x |
| Fri, 13 May 2022 | AU$8.1b | AU$6.9b | AU$587.3m | 23.5x | 13.8x | 1.2x |
| Sun, 10 Apr 2022 | AU$9.1b | AU$6.9b | AU$587.3m | 25.7x | 15.5x | 1.3x |
| Tue, 08 Mar 2022 | AU$8.7b | AU$6.9b | AU$557.8m | 23.9x | 15.5x | 1.3x |
| Thu, 03 Feb 2022 | AU$9.0b | AU$6.4b | AU$546.4m | 19.8x | 16.5x | 1.4x |
| Sat, 01 Jan 2022 | AU$9.4b | AU$6.4b | AU$546.4m | 21.5x | 17.1x | 1.5x |
| Mon, 29 Nov 2021 | AU$9.2b | AU$6.4b | AU$547.1m | 18x | 16.8x | 1.4x |
| Wed, 27 Oct 2021 | AU$8.6b | AU$6.4b | AU$547.2m | 15.5x | 15.7x | 1.3x |
| Fri, 24 Sep 2021 | AU$8.2b | AU$6.4b | AU$547.1m | 16.5x | 15x | 1.3x |
| Sun, 22 Aug 2021 | AU$8.6b | AU$6.4b | AU$547.2m | 11.6x | 15.8x | 1.4x |
| Fri, 09 Jul 2021 | AU$8.7b | AU$6.4b | AU$547.2m | 11.5x | 15.8x | 1.4x |
Price to Earnings Ratio
1817.2x
Current Industry PE
- Investors are pessimistic on the Australian Media industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 19.9x which is lower than its 3-year average PE of 68.7x.
- The industry is trading close to its 3-year average PS ratio of 0.99x.
Past Earnings Growth
- The earnings for companies in the Media industry have grown 272% per year over the last three years.
- Revenues for these companies have grown 8.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Australian Telecom industry?
| AU Market | 1.62% | |
| Telecom | 0.52% | |
| Media | -0.059% | |
| Publishing | 8.33% | |
| Advertising | 3.06% | |
| Cable and Satellite | 0% | |
| Broadcasting | -1.58% | |
Industry PE
- Investors are most optimistic about the Advertising industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 21.3%, which is higher than its past year's earnings growth of 15.1% per year.
Forecasted Growth
- Analysts are most optimistic on the Advertising industry, expecting annual earnings growth of 21% over the next 5 years.
- This is better than its past earnings growth rate of 15% per year.
- In contrast, the Broadcasting industry is expected to see its earnings grow by 20% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NEC Nine Entertainment Holdings | AU$1.52 | 3.1% +AU$70.7m | -23.0% | PE25x | |
| OML oOh!media | AU$1.75 | 4.2% +AU$37.7m | 38.9% | PE27.2x | |
| EGG Enero Group | AU$1.71 | 6.6% +AU$9.5m | 1.5% | PE5.1x | |
| A1N ARN Media | AU$0.84 | 1.2% +AU$3.1m | -18.0% | PS0.8x | |
| MXO Motio | AU$0.017 | 6.3% +AU$268.2k | -45.2% | PS0.6x |
