She is a consultant to media companies internationally and to the healthcare sector. For this estimate we use a Discounted Cash Flow model. Compensation vs Market: Mike's total compensation ($USD1.31M) is about average for companies of similar size in the Australian market ($USD1.60M). How does NEC's PE Ratio compare vs other companies in the Global Media Industry? The analyst consensus target price for shares in Nine Entertainment Co Holdings is AU$3.22. That is 63.6% above the last closing price of AU$1.97. In terms of relative price strength the Nine Entertainment Co Holdings share price has underperformed the ASX All Ordinaries Index by -18.67% over the past year. Copyright 2022 Surperformance. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. 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. 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. Where are Nine Entertainment Co Holdings shares listed? Ms Lewis holds a Bachelor of Arts, Economics from the University of Liverpool. Ms Rosen has nearly three decades of strategy, operating, advisory, and investment experience at the intersection of media and technology. NEC's dividend (6.86%) is higher than the bottom 25% of dividend payers in the Australian market (2.69%). ? Mr Costello is currently Chairman of the Board of Guardians of Australia;s Future Fund and serves on a number of domestic and international advisory boards. All markets data located on FT.com is subject to the. Nines extensive range of entertainment assets span television, radio, print, video on demand, digital and subscription video platforms. Ms Rosen currently serves on public, private, and non-profit boards, and she advises to companies in digital media and commerce. The shares last closed at AU$1.97.. The S&P/ASX 200 (ASX:XJO) continued its strong run on Wednesday as WiseTech (ASX: WTC) and Afterpay (ASX:APT) shares made headlines. Experienced Management: NEC's management team is considered experienced (2.7 years average tenure). loss of A$101.0M impacting its December 31 2021 financial results. The overall consensus recommendation for Nine Entertainment Co Holdings is Buy. All content on FT.com is for your general information and use only and is not intended to address your particular requirements. ($USD1.31M) is about average for companies of similar size in the Australian market ($USD1.60M). The Motley Fool Australia does not guarantee the performance of, or returns on any investment. Although Markit has made every effort to ensure this data is correct, nevertheless no guarantee is given to the accuracy or completeness. Growing Dividend: NEC's dividend payments have increased, but the company has only paid a dividend for 8 years. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. Mr Falloon has had 30 years' experience in the media industry, 19 years working for the Packer-owned media interests from 1982 until 2001. Share price information may be rounded up/down and therefore not entirely accurate. How is Nine Entertainment Holdings's financial position? According to the release, Domain has entered into an agree Never miss an update from He was formerly the CEO of the Microsoft/Nine e-commerce joint venture, Cudo, up until its sale in 2013. The company provides television services under the brands, including Channel 9, 9Gem, 9Go!, 9Life, and 9Rush; video on demand platform under 9Now brand; radio stations under 2GB, 3AW, 4BC, 6PR, 2UE, 4BH, 6GT, Magic1278 brands; and publishes newspapers, news-inserted magazines, and events, as well as nine.com.au, a site of news, lifestyle, sport, and entertainment content. 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. NEC is good value based on its Price-To-Earnings Ratio (17.3x) compared to the peer average (18x). If you continue to use this site we will assume that you are happy with it. Unless specified all financial data is based on a yearly period but updated quarterly. The information on this website isgeneral financial advice only. These ASX shares are avoiding the market selloff. The market has slipped back into the red on Tuesday and some S&P/ASX 300 Index (ASX: XKO) shares are feeling the impact. At the end of the session, the benchmark index finished 0.19% higher at 7,065.7 points. ASX 200 | A B C D E F G H I J L M N O P Q R S T U V W X. Nine is one of the largest media businesses in Australia. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Below Fair Value: NEC (A$2.04) is trading below our estimate of fair value (A$6.4). Seasoned investors or newbie traders, our financial education corner has something for all. Index data is provided S&P Dow Jones Indices LLC 2020. You might already have an ASX account with another platform. Price-To-Earnings vs Fair Ratio: NEC is good value based on its Price-To-Earnings Ratio (17.3x) compared to the estimated Fair Price-To-Earnings Ratio (23.4x). Significantly Below Fair Value: NEC is trading below fair value by more than 20%. Mr Sneesby spent his earlier career in leadership and consulting positions gaining broad experience in digital media, technology and telecommunications in Australia, Asia and the USA. Future ROE: NEC's Return on Equity is forecast to be low in 3 years time (16.7%). The Domain Group includes real estate, media, and services businesses. This site cannot substitute for professional investment advice or independent factual verification. Who are the key directors of Nine Entertainment Co Holdings? Nine Entertainment Co. Holdings. He commenced his career as a solicitor and then a barrister. 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) is one of Australias most well-known media companies. Is it in the money?
It operates through four segments: Broadcasting. The Motley Fool launched its Australian presence in 2011, and since then has grown to reach over 1 million Australians. In this role, Ms West was responsible for all of Sky's content relationships, distribution, commercial activities and joint ventures. And for some that were already trading around their lowest point in 12 months, todays dip has brought unfortunate miles Today, the S&P/ASX 200 Index(ASX: XJO) snapped out of its three-day losing streak by finding momentum throughout the afternoon. Ex-date is March 03, 2022. 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. NEC has become profitable over the past 5 years, growing earnings by -5.3% per year. dashboard, Electronic delivery of CHESS notifications. All rights reserved. Please log in with your existing credentials, My
She is Chair of the Risk Management committee and a member of the People committee. Experienced Board: NEC's board of directors are considered experienced (3.6 years average tenure). Ms West is Vice President of the Sydney Breast Cancer Foundation at Chris O'Brien Lifehouse, a director of NIDA and the NIDA Foundation Trust and a Governor of Wenona School. Notable Dividend: NEC's dividend (6.86%) is higher than the bottom 25% of dividend payers in the Australian market (2.69%). It is calculated by dividing a company's price per share by its earnings per share. What is the Nine Entertainment Co Holdings PE Ratio? Volatility Over Time: NEC's weekly volatility (5%) has been stable over the past year. Its Broadcasting segment includes free-to-air television activities, 9Now and metropolitan radio networks in Australia. When does Nine Entertainment Co Holdings next pay dividends? Quality Earnings: NEC has a large one-off loss of A$101.0M impacting its December 31 2021 financial results. The Nine Entertainment Co. Holdings Ltd (ASX: NEC) share price has surged today after releasing its first-half FY21 results. You must therefore seek independent legal, investment or other appropriate advice from a suitably qualified and/or authorised and regulated advisor prior to making any legal, investment or other decision. Price-To-Earnings vs Peers: NEC is good value based on its Price-To-Earnings Ratio (17.3x) compared to the peer average (18x). NEC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average. Learn more, See historical performance and comparison. By clicking this button, you agree to our, Inflation: Our 3 Stocks to Beat Rising Prices, Our Triple Down Buy Alert for the Digital Entertainment Boom, 3 ASX Stocks We Think Could Benefit from the Green Investing Boom, Commonwealth Bank of Australia (ASX: CBA), Flight Centre Travel Group Ltd (ASX: FLT), Vanguard Australian Shares Index (ASX: VAS), Setting Yourself Up for Success Before You Start.