It owns the Nine TV network, newspapers including the Sydney Morning Herald, The Age, and the Australian Financial Review, as well as streami Why is the Domain share price in a trading halt? Nines extensive range of entertainment assets span television, radio, print, video on demand, digital and subscription video platforms.

To use it, you must accept our Terms of use, Privacy and Disclaimer policies. What is the trend in the Nine Entertainment Co Holdings share price? The Domain Group includes real estate, media, and services businesses. As per announcement 11-05-2022, Rights issue.

Stable Share Price: NEC is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week. Market data is provided and copyrighted by Thomson Reuters and Morningstar. All markets data located on FT.com is subject to the. The only outlier was Subscription Video Services, which declined 6% in the quarter to $494 milli Nine Entertainment Co Holdings Ltd (ASX: NEC) Delayed Mr Lancaster is CEO of the WIN Corporation and Birketu Pty Ltd, Nine Entertainment Co's largest individual shareholder (so is not an independent director). All rights reserved. As of the last closing price of AU$1.97, shares in Nine Entertainment Co Holdings were trading -24.71%below their 200 day moving average. An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security. He serves as the Managing Director and. 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. Nine Entertainment Co Holdings Ltd (ASX:NEC) is one of Australias most well-known media companies. Earnings vs Market: NEC's earnings (7.5% per year) are forecast to grow faster than the Australian market (6.1% per year). Its Broadcasting segment includes free-to-air television activities, 9Now and metropolitan radio networks in Australia. High Growth Earnings: NEC's earnings are forecast to grow, but not significantly. Here are the trading details for Nine Entertainment Co Holdings:. Debt Level: NEC's net debt to equity ratio (11.2%) is considered satisfactory. As of Today at 13:16 UTC, shares in Nine Entertainment Co Holdings are trading atAU$1.97. 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. Price-To-Earnings vs Industry: NEC is expensive based on its Price-To-Earnings Ratio (17.3x) compared to the Global Media industry average (15.2x). How has the Nine Entertainment Co Holdings share price performed this year? dashboard, Electronic delivery of CHESS notifications. The Motley Fool Australia does not guarantee the performance of, or returns on any investment. The information on this website isgeneral financial advice only. Nine Entertainment Co Holdings' management team is headed by:. Stockopedia 2022, Refinitiv, Share Data Services. An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Nine Entertainment Co Holdings. If you continue to use this site we will assume that you are happy with it.

Earnings Trend: NEC has become profitable over the past 5 years, growing earnings by -5.3% per year. 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.' We are working on updating this web app to fully enable Quantitative Ratios. During her time at Deloitte, Ms Lewis also provided accounting advice and transactional advisory services, including due diligence, IPOs and debt/equity raising. As per announcement on 11-05-2022, Issue of securities. What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target? Nine is one of the largest media businesses in Australia.

than 75% of Australian stocks over the past 3 months. Payment date is April 21, 2022. Did you know that during reporting season, the announcements from This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. The Nine Entertainment Co Holdings dividend yield is 6.35% based on the trailing twelve month period. Prior to ninemsn, Mr Sneesby led a company-wide program for Optus rolling out and launching their national ADSL broadband network. Learn more, See historical performance and comparison. According to the release, Domain has entered into an agree Never miss an update from Who are the major shareholders and have insiders been buying or selling? The Company is focused on providing brands spanning news, sport, lifestyle, and entertainment to users. Please choose another, Invalid password: must not contain more than 3 consecutive identical characters, Invalid password: must not contain more than 3 consecutive sequential characters, The password cannot contain the user name, given name, or family name. You might already have an ASX account with another platform. Ms West has more than 25 years of business and legal affairs experience in the media industry, both in Australia and the UK. Growing Profit Margin: NEC became profitable in the past. Nine Entertainment Co. Holdings Ltd is an Australia-based media company. You must be a registered user to save alerts. We use cookies to ensure that we give you the best experience on our website. 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. What is the Fair Price of NEC when looking at its future cash flows? Its Broadcasting segment includes free-to-air television activities, 9Now and metropolitan radio networks in Australia. Prior, Ms Rosen served as Senior Vice President of Global Media & Commerce for Yahoo, where she led Yahoo's media division worldwide.

have bought more shares than they have sold in the past 3 months. Weve recently updated our valuation analysis. NEC (A$2.04) is trading below our estimate of. What is the market cap of Nine Entertainment Co Holdings? From 2002, Mr Falloon spent nine years as Executive Chairman and CEO of Ten Network Holdings. Please read ourTerms & ConditionsandFinancial Services Guidebefore using this website. The Domain share price was placed in a trading halt this morning so the company could launch an equity raising to fund a major acquisition. She is Cahir of the People and a member of the Risk Management committee. How does NEC's PE Ratio compare vs other companies in the Global Media Industry? Based on an overall assessment of its quality, value and momentum Nine Entertainment Co Holdings is currently classified as a Super Stock. Mr Costello was a member of the Australian House of Representatives from 1990 to 2009 and was Treasurer of the Commonwealth of Australia from March 1996 to December 2007. What kind of share is Nine Entertainment Co Holdings? You can read more about the power of momentum in assessing share price movements on Stockopedia. NEC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average. Will the latest agreements make the Nine share price even more popular? Why is the WAM Capital share price down 20% in June? Heres how Id dig into the Commonwealth Bank of Australia (ASX:CBA) share price, Woodside (ASX:WDS) share price drops despite strong Q2, Zip (ASX:ZIP) share price rises on Q4 update. Here are the details. So it might be obvious that you need to Return vs Industry: NEC underperformed the Australian Media industry which returned -24.1% over the past year. Nine Entertainment Co. Holdings. Cash Flow Coverage: With its reasonable cash payout ratio (70.7%), NEC's dividend payments are covered by cash flows. Catch the latest updates from Australia's premier stock exchange & market indices. Scott unpacks how war in Ukraine might impact the ASX financial market. Mr Lancaster is currently a Director of Free TV Australia, Broadcast Transmission Services and NRL team St George Illawarra Dragons. The classification is based on a composite score that examines a wide range of fundamental and technical measures. ? FIL Investment Management (Singapore) Ltd. Macquarie Investment Management Global Ltd. 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.

Nine Entertainment Co. Holdings Limited engages in the broadcasting and program production businesses across free to air television, video on demand, and metropolitan radio networks in Australia. All rights reserved. He is a member of the Risk management committee. Other financial metrics that can be useful for relative valuation. An email containing a verification link has been sent to {{verificationEmail}}. She is a consultant to media companies internationally and to the healthcare sector. ($USD1.31M) is about average for companies of similar size in the Australian market ($USD1.60M). Unless specified all financial data is based on a yearly period but updated quarterly. TheNine Entertainment Co. Holdings Ltd(ASX: NEC) share price is racing higher after the company released a better than expected trading update today. is forecast to be low in 3 years time (16.7%). 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. NEC's revenue (3.7% per year) is forecast to grow slower than the Australian market (5.8% per year). Earnings vs Savings Rate: NEC's forecast earnings growth (7.5% per year) is above the savings rate (1.8%). Where are Nine Entertainment Co Holdings shares listed? Please remember that investments can go up and down. Despite a pleasing result, shares in Nine Entertainment Holdings (ASX: NEC) finished nearly 10% lower yesterday. NEC is good value based on its Price-To-Earnings Ratio (17.3x) compared to the estimated Fair Price-To-Earnings Ratio (23.4x). Mr Falloon is also chairman of Domain Holdings Australia (since November 2017). Debt Coverage: NEC's debt is well covered by operating cash flow (98.4%). 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. NEC's short term assets (A$897.7M) do not cover its. Insufficient data to compare Mike's compensation with company performance. Nine Entertainment Co. Holdings exhibits a price/book ratio which is less than the industry average for media & entertainment stocks listed on the ASX. With its merger with Fairfax Media in December 2018, it also became Australias largest locally owned media company. At least shareholders can take some comfort that just about every division under the group delivered growth. Copyright 2022 Surperformance. The company operates some of the countrys most well-known media brands including the 9 television network, radio stations 2GB and 3AW, newspapers The Age, The Sydney Morning Herald and The Australian Financial Review, subscription streaming service Stan and digital platforms such as nine.com.au. How do I buy Nine Entertainment Co Holdings shares? 3 ASX 300 shares slumping to 52-week lows on Tuesday, News Corporation share price crashes despite posting record quarterly result, 2 quality ASX dividend shares that brokers love, Domain (ASX:DHG) share price halted for $180m equity raising to fund Realbase acquisition. Nine Entertainment Co Holdings Ltd (ASX: NEC) share price has put on quite a show since the pandemic. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data.

Data delayed at least 20 minutes, as of Jul 21 2022 07:10 BST. Earnings vs Industry: NEC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (22.7%). The Motley Fool launched its Australian presence in 2011, and since then has grown to reach over 1 million Australians. TO MAKE THE WORLD SMARTER, HAPPIER, AND RICHER. The chart compares price return only. Markit Short Selling Activity Markit. In that role, she led the audit of a number of major Australian listed companies, in the retail/FMCG and industrial sectors. He commenced his career as a solicitor and then a barrister. Ms. Young's resignation from the Board of Domain follows her resignation as Managing Director, Group Marketing and Local Markets, of Nine Entertainment Co. HoldingsLimited, the majority shareholder of Domain, also effective 30 June 2022. Nine Entertainment Co. Holdings's dividend yield of 6.7% exceeds the industry average for media & entertainment stocks listed on the ASX. This chart compares the share price to Vanguard Australian Shares Index ETF (ASX: VAS).

Price-To-Earnings vs Peers: NEC is good value based on its Price-To-Earnings Ratio (17.3x) compared to the peer average (18x).