Does Seven West Media (ASX:SWM) Have A Healthy Balance Sheet?
Apr 22
Australian (ASX) Broadcasting Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies5
- 7D-1.6%
- 3M-20.9%
- 1Y-24.4%
- YTDn/a
Over the last 7 days, the Broadcasting industry has dropped 1.6%, driven by Nine Entertainment Holdings declining 1.6%. Overall the industry is down 24% in 12 months. Earnings are forecast to grow by 20% annually.
Industry Valuation and Performance
Has the Australian Broadcasting Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | AU$3.3b | AU$5.1b | AU$170.6m | 24.6x | 19.1x | 0.6x |
| Fri, 05 Apr 2024 | AU$3.5b | AU$5.1b | AU$170.6m | 27.6x | 20.7x | 0.7x |
| Sun, 03 Mar 2024 | AU$3.6b | AU$5.1b | AU$170.6m | 27.8x | 21.2x | 0.7x |
| Tue, 30 Jan 2024 | AU$4.2b | AU$5.2b | AU$186.9m | 12.6x | 22.4x | 0.8x |
| Thu, 28 Dec 2023 | AU$4.3b | AU$5.2b | AU$186.9m | 12.8x | 23.1x | 0.8x |
| Sat, 25 Nov 2023 | AU$4.1b | AU$5.2b | AU$186.9m | 12.9x | 21.9x | 0.8x |
| Mon, 23 Oct 2023 | AU$4.2b | AU$5.2b | AU$186.9m | 11.2x | 22.5x | 0.8x |
| Wed, 20 Sep 2023 | AU$4.3b | AU$5.2b | AU$186.9m | 9.4x | 22.7x | 0.8x |
| Fri, 18 Aug 2023 | AU$4.4b | AU$5.2b | AU$265.3m | 11.1x | 16.6x | 0.8x |
| Sun, 16 Jul 2023 | AU$4.6b | AU$5.3b | AU$150.0m | 12.4x | 30.7x | 0.9x |
| Tue, 13 Jun 2023 | AU$4.3b | AU$5.3b | AU$150.0m | 11.4x | 28.7x | 0.8x |
| Thu, 11 May 2023 | AU$4.4b | AU$5.3b | AU$150.0m | 11.7x | 29.1x | 0.8x |
| Sat, 08 Apr 2023 | AU$4.6b | AU$5.3b | AU$150.0m | 12.2x | 30.9x | 0.9x |
| Mon, 06 Mar 2023 | AU$4.4b | AU$5.3b | AU$150.0m | 11.2x | 29.3x | 0.8x |
| Wed, 01 Feb 2023 | AU$4.8b | AU$5.1b | AU$388.9m | 11.3x | 12.4x | 0.9x |
| Fri, 30 Dec 2022 | AU$4.3b | AU$5.1b | AU$388.9m | 10x | 11.1x | 0.8x |
| Sun, 27 Nov 2022 | AU$4.9b | AU$5.1b | AU$388.9m | 11.3x | 12.5x | 0.9x |
| Tue, 25 Oct 2022 | AU$4.7b | AU$5.1b | AU$388.9m | 12x | 12.1x | 0.9x |
| Thu, 22 Sep 2022 | AU$4.9b | AU$5.1b | AU$388.9m | 12.2x | 12.7x | 1x |
| Sat, 20 Aug 2022 | AU$5.1b | AU$5.0b | AU$478.5m | 14.6x | 10.7x | 1x |
| Mon, 18 Jul 2022 | AU$4.5b | AU$4.8b | AU$572.7m | 15.5x | 7.8x | 0.9x |
| Wed, 15 Jun 2022 | AU$4.5b | AU$4.8b | AU$572.7m | 16x | 7.9x | 0.9x |
| Fri, 13 May 2022 | AU$6.3b | AU$5.0b | AU$592.2m | 16.6x | 10.7x | 1.3x |
| Sun, 10 Apr 2022 | AU$7.3b | AU$5.0b | AU$592.2m | 19.2x | 12.3x | 1.5x |
| Tue, 08 Mar 2022 | AU$6.7b | AU$5.0b | AU$592.2m | 17.8x | 11.3x | 1.3x |
| Thu, 03 Feb 2022 | AU$7.0b | AU$4.6b | AU$584.1m | 15.2x | 12x | 1.5x |
| Sat, 01 Jan 2022 | AU$7.3b | AU$4.6b | AU$584.1m | 16.1x | 12.5x | 1.6x |
| Mon, 29 Nov 2021 | AU$7.2b | AU$4.6b | AU$584.1m | 14.5x | 12.3x | 1.6x |
| Wed, 27 Oct 2021 | AU$6.5b | AU$4.6b | AU$584.1m | 13.9x | 11.2x | 1.4x |
| Fri, 24 Sep 2021 | AU$6.3b | AU$4.6b | AU$584.1m | 13.9x | 10.7x | 1.4x |
| Sun, 22 Aug 2021 | AU$6.9b | AU$4.6b | AU$584.1m | 14.7x | 11.8x | 1.5x |
| Fri, 09 Jul 2021 | AU$6.8b | AU$4.6b | AU$584.1m | 14.5x | 11.7x | 1.5x |
Price to Earnings Ratio
122.8x
Current Industry PE
- Investors are relatively neutral on the Australian Broadcasting industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 20.2x.
- The 3-year average PS ratio of 1.1x is higher than the industry's current PS ratio of 0.64x.
Past Earnings Growth
- The earnings for companies in the Broadcasting industry have grown 46% per year over the last three years.
- Revenues for these companies have grown 4.9% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Australian Broadcasting compare with similar industries?
| AU Market | 1.62% | |
| Telecom | 0.52% | |
| Media | -0.059% | |
| Broadcasting | -1.58% | |
| Publishing | 8.33% | |
| Advertising | 3.06% | |
| Cable and Satellite | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
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 | |
| A1N ARN Media | AU$0.84 | 1.2% +AU$3.1m | -18.0% | PS0.8x |