SKY NETWORK TELEVISION LIMITED (SKT)
Share Price Analysis and Chart

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SKT - SKY NETWORK TELEVISION LIMITED

FNArena Sector : Print, Radio & TV
Year End: June
GICS Industry Group : Media
Debt/EBITDA: 0.34
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.70

01 Dec
2023

0.000

OPEN

$2.70

0.000

HIGH

$2.70

2,743

LOW

$2.59

TARGET
$2.80 3.7% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
A1N . GTN . NEC . NWS . PRT . SWM . SXL .
FNARENA'S MARKET CONSENSUS FORECASTS
SKT: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) 32.4 xxx
DPS (cps) 13.9 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 8.3 xxx
Dividend Yield 5.1% xxx
Div Pay Ratio(%) 42.9% xxx
This company reports in NZD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 87.30%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.17

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: 07/09 - ex-div 8.32c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx29.6
DPS All xxxxxxxxxxxxxxx60.1
Sales/Revenue xxxxxxxxxxxxxxx690.0 M
Book Value Per Share xxxxxxxxxxxxxxx281.0
Net Operating Cash Flow xxxxxxxxxxxxxxx107.1 M
Net Profit Margin xxxxxxxxxxxxxxx6.73 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx10.93 %
Return on Invested Capital xxxxxxxxxxxxxxx10.23 %
Return on Assets xxxxxxxxxxxxxxx6.94 %
Return on Equity xxxxxxxxxxxxxxx10.93 %
Return on Total Capital xxxxxxxxxxxxxxx13.47 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx47.4 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx24 M
Long Term Debt xxxxxxxxxxxxxxx22 M
Total Debt xxxxxxxxxxxxxxx45 M
Goodwill - Gross xxxxxxxxxxxxxxx225 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx52 M
Price To Book Value xxxxxxxxxxxxxxx0.80

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx65.3 M
Capex % of Sales xxxxxxxxxxxxxxx9.47 %
Cost of Goods Sold xxxxxxxxxxxxxxx573 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx52 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx1 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.8

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
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Macquarie

25/08/2023

1

Outperform

-

-

It is Macquarie's observation SKY Network Television released FY23 results in line with guidance, but management's guidance for FY24 proved below forecast due to higher costs and higher depreciation.

Higher capex is responsible for a rather disappointing FY24 15c dividend guidance, the broker highlights.

While FY24 looks like a year of consolidation, in the broker's words, Macquarie retains a positive medium-term view. Earnings estimates have been culled by double digit percentages.

Target price falls to NZ$3.15 from NZ$3.52. Outperform.

FORECAST
Macquarie forecasts a full year FY24 dividend of 13.88 cents and EPS of 32.38 cents.
Macquarie forecasts a full year FY25 dividend of 16.37 cents and EPS of 41.26 cents.
Access Stockbroker Research History >

SKT STOCK CHART

FNArena News on SKT

1
ESG Focus: Rounding Up A Psychosocial FY23 Season

Nov 20 2023 - ESG Focus
2
Australian Broker Call *Extra* Edition – Aug 31, 2023

Aug 31 2023 - Daily Market Reports
3
FNArena Corporate Results Monitor – 25-08-2023

Aug 25 2023 - Australia
4
Weekly Ratings, Targets, Forecast Changes – 23-06-23

Jun 26 2023 - Weekly Reports
5
Weekly Ratings, Targets, Forecast Changes – 21-04-23

Apr 24 2023 - Weekly Reports

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