Southern Cross Media Group Share Price and Company Fundamentals



Price
$2.04
Change
0.020 (0.990%)
52 week
1.42 - 2.92

Last traded: Today at 5:16 AM

Southern Cross Media Group Limited, together with its subsidiaries, engages in the creation of audio content for distribution on broadcast and digital networks. It operates in two segments, Audio and Television. The company owns 99 radio stations in FM, AM, and DAB+ radio, as well as 23 regional radio stations; broadcasts 92 free to air TV signals in regional Australia; operates LiSTNR, an audio destination for consumers housing radio, podcasts, music, and news; and offers sales representation for open audio platform SoundCloud and Sonos Radio. It also provides social media, live events, and digital platforms that deliver national and local entertainment, and news content. The company was formerly known as Macquarie Media Group. Southern Cross Media Group Limited was incorporated in 2005 and is based in South Melbourne, Australia.

Key Metrics

PE ratio

11.21

PB ratio

0.84

Dividend yield

2.48%

Beta

1.76

Market cap

$539M

Enterprise value

$718.56M

Company profile

Primary activitiesMedia
Industry / SectorEntertainment / Communication Services
Websitehttp://www.southerncrossaustereo.com.au
Mailing address257 Clarendon Street Level 2 Melbourne VIC 3205 Australia
Phone / Fax61 3 9252 1019 / 61 3 9252 1270
Share registryCOMPUTERSHARE INVESTOR SERVICES PTY LIMITED

Dividends

More: Southern Cross Media Group Dividend history, yield and payout ratio

Dividend yield

2.48%

Dividend amount

$0.05

Payout ratio

0.00%

Southern Cross Media Group paid $0.05 dividend and the ex-dividend date was 01 Sept 2021.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.SXL dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

SXL's forward dividend amount is $0.1 and the forward dividend yield is 4.95%. 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 Sep 2021, following are the company executives and directors listed on Southern Cross Media Group.

NameTitleAgeTotal Pay
Mr. Grant BlackleyCEO, MD & Exec. Director541.2M
Mr. Nick McKechnieChief Financial Officer571.16k
Mr. John Kelly BEc, ACAChief Operating Officer576.99k
Mr. Stephen HaddadChief Technology Officer398.94k
Ms. Nikki ClarksonChief Marketing & Communication Officer278.22k
Mr. Brian GallagherChief Sales Officer560.45k
Mr. Dave CameronChief Content Officer383.1k
Mr. Anthony John HudsonGen. Counsel & Company Sec.
Rochelle BurburyMang. of Corp. Communications

Profitability and management effectiveness

Profit margin

9.10%

Operating margin

9.74%

Return on assets

2.24%

Return on equity

7.82%

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 Southern Cross Media Group is 539M and its enterprise value is 718.56M. The enterprise value to revenue ratio of SXL is 1.36.

The SXL's stocks Beta value is 1.76 making it 76% more 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.

Companies similar to Southern Cross Media Group (SXL)

Southern Cross Media Group (ASX:SXL) Frequently Asked Questions

1. What is Southern Cross Media Group's Stock Symbol?

Southern Cross Media Group trades on ASX under the ticker symbol "SXL".

2. What is Southern Cross Media Group's stock price today?

One share of SXL stock can currently be purchased for approximately $2.04.

3. How can I contact Southern Cross Media Group?

Southern Cross Media Group's mailing address is 257 Clarendon Street Level 2 Melbourne VIC 3205 Australia. The company can be reached via phone at 61 3 9252 1019.

4. What is Southern Cross Media Group's official website?

The official website of Southern Cross Media Group is http://www.southerncrossaustereo.com.au.

5. Which share registry manages Southern Cross Media Group's stock?

Southern Cross Media Group's stock is managed by COMPUTERSHARE INVESTOR SERVICES PTY LIMITED.