NINE ENTERTAINMENT CO. HOLDINGS LIMITED (NEC)
Share Price Analysis and Chart

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NEC - NINE ENTERTAINMENT CO. HOLDINGS LIMITED

FNArena Sector : Print, Radio & TV
Year End: June
GICS Industry Group : Media
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS

Nine Entertaiment is an Australian media company with holdings in radio, television, newspapers and digital media. Nine listed in 2013 and merged with Fairfax Media in 2018.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.63

24 Sep
2021

0.000

OPEN

$2.62

0.000

HIGH

$2.65

2,212,104

LOW

$2.60

TARGET
$3.29 25.1% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
FXJ . NWS . PRT . SWM . SXL . TEN . GTN . HT1 . SKT .
FNARENA'S MARKET CONSENSUS FORECASTS
NEC: 1
Title FY20
Actual
FY21
Actual
FY22
Forecast
FY23
Forecast
EPS (cps) xxx 9.9 15.4 xxx
DPS (cps) xxx 10.5 10.3 xxx
EPS Growth xxx N/A 55.3% xxx
DPS Growth xxx 50.0% - 2.1% xxx
PE Ratio xxx N/A 17.0 xxx
Dividend Yield xxx N/A 3.9% xxx
Div Pay Ratio(%) xxx 105.6% 66.5% xxx

Dividend yield today if purchased 3 years ago: 4.71%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

3.99

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 09/09 - 5.5c (100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2021 FactSet UK Limited. All rights reserved
Title 201620172018201920202021
EPS Basic xxxxxxxxxxxxxxx9.9
DPS All xxxxxxxxxxxxxxx10.5
Sales/Revenue xxxxxxxxxxxxxxx2,331.5 M
Book Value Per Share xxxxxxxxxxxxxxx106.5
Net Operating Cash Flow xxxxxxxxxxxxxxx398.2 M
Net Profit Margin xxxxxxxxxxxxxxx7.26 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201620172018201920202021
Return on Assets xxxxxxxxxxxxxxx4.48 %
Return on Equity xxxxxxxxxxxxxxx9.50 %
Return on Total Capital xxxxxxxxxxxxxxx13.11 %
Capex xxxxxxxxxxxxxxx93.8 M
Capex % of Sales xxxxxxxxxxxxxxx4.02 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx236.2 M

Return on Assets

Return on Equity

Return on Total Capital

Capex

Capex % of Sales

Free Cash Flow ex dividends

This is work in progress. Bear with us. It'll be amazing.

EXPERT VIEWS
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Sentiment Indicator

0.8

No. Of Recommendations

5
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

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Morgan Stanley

26/08/2021

1

Overweight

$3.65

(30/08/2021)

38.78%

At first glance, Nine Entertainment's FY21 result beat the broker. It is Morgan Stanley's view that, with the exception of radio and publishing, all divisions reported "respectable" growth. 

No FY22 guidance was provided but the company forecasts a 20% rise in FY22 first-quarter advertising revenue and expects Stan earnings to fall to low double digits following the loss of Stan Sports. 

Overweight rating the target price is reduced to $3.65 from $3.75 Industry view: Attractive.Industry view: Attractive.

FORECAST
Morgan Stanley forecasts a full year FY22 dividend of 9.00 cents and EPS of 16.00 cents.
Morgan Stanley forecasts a full year FY23 EPS of 17.00 cents.

Ord Minnett

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xx/xx/xxxx

3

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xx.xx%

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NEC STOCK CHART