Nine Entertainment Co Holdings Share Price and Company Fundamentals
Last traded: Last Friday at 5:10 AM
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. It operates through Broadcasting, Digital and Publishing, Domain Group, and Stan segments. 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. It offers mastheads under The Sydney Morning Herald, The Age, and The Australian Financial Review brands. The company also provides real estate media and technology services. Nine Entertainment Co. Holdings Limited was founded in 1956 and is headquartered in North Sydney, Australia.
Key Metrics
PE ratio
29.30
PB ratio
2.75
Dividend yield
3.82%
Beta
0.84
Market cap
-
Enterprise value
-
Company profile
| Primary activities | Media and entertainment company. |
|---|---|
| Industry / Sector | Broadcasting / Communication Services |
| Website | https://www.nineforbrands.com.au |
| Mailing address | 1 Denison Street Level 9 North Sydney NSW 2060 Australia |
| Phone / Fax | 61 2 9906 9999 / 61 2 9965 2215 |
| Share registry | LINK MARKET SERVICES LIMITED |
Dividends
More: Nine Entertainment Co Holdings Dividend history, yield and payout ratio
Dividend yield
3.82%
Dividend amount
$0.10
Payout ratio
70.00%
5Y Avg. yield
5.26%
Nine Entertainment Co Holdings paid $0.10 dividend and the ex-dividend date was 09 Sept 2021.The dividend payout ratio is 70.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.NEC dividend payout ratio is between 70-90%. The lower dividend payout ratio is preferrable since it provides company margin to grow the dividends in future.
NEC's forward dividend amount is $0.11 and the forward dividend yield is 4.10%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jan 2022, following are the company executives and directors listed on Nine Entertainment Co Holdings.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Michael John Sneesby | MD, CEO & Director | 1.9M | |
| Ms. Maria Phillips | Chief Financial Officer | 1.08M | |
| Mr. Michael Stephenson | Chief Sales Officer | 1.42M | |
| Ms. Nola Hodgson | Head of Investor Relations | ||
| Ms. Rachel Launders | Gen. Counsel & Company Sec. | ||
| Ms. Victoria Buchan | Director of Communications | ||
| Mr. Tom Malone | Managing Director of Radio |
Profitability and management effectiveness
Profit margin
7.23%
Operating margin
16.96%
Return on assets
6.55%
Return on equity
9.58%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Nine Entertainment Co Holdings is and its enterprise value is .
The NEC's stocks Beta value is 0.84 making it 16% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
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Nine Entertainment Co Holdings (ASX:NEC) Frequently Asked Questions
1. What is Nine Entertainment Co Holdings's Stock Symbol?
Nine Entertainment Co Holdings trades on ASX under the ticker symbol "NEC".
2. What is Nine Entertainment Co Holdings's stock price today?
One share of NEC stock can currently be purchased for approximately $2.68.
3. How can I contact Nine Entertainment Co Holdings?
Nine Entertainment Co Holdings's mailing address is 1 Denison Street Level 9 North Sydney NSW 2060 Australia. The company can be reached via phone at 61 2 9906 9999.
4. What is Nine Entertainment Co Holdings's official website?
The official website of Nine Entertainment Co Holdings is https://www.nineforbrands.com.au.
5. Which share registry manages Nine Entertainment Co Holdings's stock?
Nine Entertainment Co Holdings's stock is managed by LINK MARKET SERVICES LIMITED.