NEXSTAR MEDIA GROUP INC (NXST) Stock Fundamental Analysis
USA - NASDAQ:NXST - US65336K1034 - Common Stock
206.95 USD
+0.73 (+0.35%)
206.95 USD
0 (0%)
NXST gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 99 industry peers in the Media industry. While NXST has a great profitability rating, there are some minor concerns on its financial health. NXST is valued quite cheap, while showing a decent growth score. This is a good combination! NXST also has an excellent dividend rating. With these ratings, NXST could be worth investigating further for value and dividend investing!.
1. Profitability
1.1 Basic Checks
NXST had positive earnings in the past year.
In the past year NXST had a positive cash flow from operations.
In the past 5 years NXST has always been profitable.
In the past 5 years NXST always reported a positive cash flow from operatings.
1.2 Ratios
NXST's Return On Assets of 5.53% is fine compared to the rest of the industry. NXST outperforms 78.79% of its industry peers.
Looking at the Return On Equity, with a value of 27.75%, NXST belongs to the top of the industry, outperforming 92.93% of the companies in the same industry.
NXST has a better Return On Invested Capital (7.97%) than 85.86% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for NXST is in line with the industry average of 8.87%.
The last Return On Invested Capital (7.97%) for NXST is above the 3 year average (7.17%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.53% | ||
| ROE | 27.75% | ||
| ROIC | 7.97% |
ROA(3y)5.61%
ROA(5y)5.83%
ROE(3y)27.49%
ROE(5y)28.8%
ROIC(3y)7.17%
ROIC(5y)7.11%
1.3 Margins
NXST's Profit Margin of 11.78% is amongst the best of the industry. NXST outperforms 81.82% of its industry peers.
In the last couple of years the Profit Margin of NXST has grown nicely.
With an excellent Operating Margin value of 22.74%, NXST belongs to the best of the industry, outperforming 94.95% of the companies in the same industry.
In the last couple of years the Operating Margin of NXST has grown nicely.
With a decent Gross Margin value of 58.58%, NXST is doing good in the industry, outperforming 69.70% of the companies in the same industry.
In the last couple of years the Gross Margin of NXST has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.74% | ||
| PM (TTM) | 11.78% | ||
| GM | 58.58% |
OM growth 3Y-2.43%
OM growth 5Y3.14%
PM growth 3Y-9.4%
PM growth 5Y12%
GM growth 3Y-0.59%
GM growth 5Y1.16%
2. Health
2.1 Basic Checks
NXST has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, NXST has less shares outstanding
NXST has less shares outstanding than it did 5 years ago.
NXST has a worse debt/assets ratio than last year.
2.2 Solvency
NXST has an Altman-Z score of 1.76. This is a bad value and indicates that NXST is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of NXST (1.76) is better than 64.65% of its industry peers.
The Debt to FCF ratio of NXST is 5.18, which is a neutral value as it means it would take NXST, 5.18 years of fcf income to pay off all of its debts.
NXST has a Debt to FCF ratio of 5.18. This is in the better half of the industry: NXST outperforms 76.77% of its industry peers.
NXST has a Debt/Equity ratio of 2.78. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 2.78, NXST is doing worse than 74.75% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.78 | ||
| Debt/FCF | 5.18 | ||
| Altman-Z | 1.76 |
ROIC/WACC1.22
WACC6.52%
2.3 Liquidity
A Current Ratio of 1.69 indicates that NXST should not have too much problems paying its short term obligations.
NXST's Current ratio of 1.69 is fine compared to the rest of the industry. NXST outperforms 66.67% of its industry peers.
NXST has a Quick Ratio of 1.69. This is a normal value and indicates that NXST is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of NXST (1.69) is better than 67.68% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.69 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 54.95% over the past year.
The Earnings Per Share has been growing by 39.47% on average over the past years. This is a very strong growth
NXST shows a small growth in Revenue. In the last year, the Revenue has grown by 6.55%.
The Revenue has been growing by 12.21% on average over the past years. This is quite good.
EPS 1Y (TTM)54.95%
EPS 3Y4.27%
EPS 5Y39.47%
EPS Q2Q%-0.85%
Revenue 1Y (TTM)6.55%
Revenue growth 3Y5.17%
Revenue growth 5Y12.21%
Sales Q2Q%-3.15%
3.2 Future
The Earnings Per Share is expected to decrease by -0.04% on average over the next years.
Based on estimates for the next years, NXST will show a decrease in Revenue. The Revenue will decrease by -3.56% on average per year.
EPS Next Y-34.6%
EPS Next 2Y10.06%
EPS Next 3Y-4.59%
EPS Next 5Y-0.04%
Revenue Next Year-9.01%
Revenue Next 2Y0.17%
Revenue Next 3Y-2.07%
Revenue Next 5Y-3.56%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
NXST is valuated reasonably with a Price/Earnings ratio of 10.50.
Based on the Price/Earnings ratio, NXST is valued a bit cheaper than 78.79% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.30, NXST is valued rather cheaply.
The Price/Forward Earnings ratio is 7.94, which indicates a rather cheap valuation of NXST.
Based on the Price/Forward Earnings ratio, NXST is valued a bit cheaper than the industry average as 78.79% of the companies are valued more expensively.
NXST is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.73, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.5 | ||
| Fwd PE | 7.94 |
4.2 Price Multiples
79.80% of the companies in the same industry are more expensive than NXST, based on the Enterprise Value to EBITDA ratio.
88.89% of the companies in the same industry are more expensive than NXST, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.09 | ||
| EV/EBITDA | 6.15 |
4.3 Compensation for Growth
The excellent profitability rating of NXST may justify a higher PE ratio.
A cheap valuation may be justified as NXST's earnings are expected to decrease with -4.59% in the coming years.
PEG (NY)N/A
PEG (5Y)0.27
EPS Next 2Y10.06%
EPS Next 3Y-4.59%
5. Dividend
5.1 Amount
NXST has a Yearly Dividend Yield of 3.61%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.58, NXST pays a better dividend. On top of this NXST pays more dividend than 84.85% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, NXST pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.61% |
5.2 History
On average, the dividend of NXST grows each year by 30.53%, which is quite nice.
NXST has paid a dividend for at least 10 years, which is a reliable track record.
NXST has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)30.53%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
35.14% of the earnings are spent on dividend by NXST. This is a low number and sustainable payout ratio.
DP35.14%
EPS Next 2Y10.06%
EPS Next 3Y-4.59%
206.95
+0.73 (+0.35%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners100.28%
Inst Owner Change-0.99%
Ins Owners6.65%
Ins Owner Change3.38%
Market Cap6.27B
Analysts81.33
Price Target234.55 (13.34%)
Short Float %6.67%
Short Ratio5.16
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.61% |
Yearly Dividend6.82
Dividend Growth(5Y)30.53%
DP35.14%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)14.86%
Min EPS beat(2)2.04%
Max EPS beat(2)27.68%
EPS beat(4)2
Avg EPS beat(4)4.3%
Min EPS beat(4)-8%
Max EPS beat(4)27.68%
EPS beat(8)3
Avg EPS beat(8)-4.71%
EPS beat(12)6
Avg EPS beat(12)-1.94%
EPS beat(16)10
Avg EPS beat(16)1.92%
Revenue beat(2)0
Avg Revenue beat(2)-1%
Min Revenue beat(2)-1.59%
Max Revenue beat(2)-0.41%
Revenue beat(4)0
Avg Revenue beat(4)-1.53%
Min Revenue beat(4)-2.11%
Max Revenue beat(4)-0.41%
Revenue beat(8)0
Avg Revenue beat(8)-2.46%
Revenue beat(12)0
Avg Revenue beat(12)-2.37%
Revenue beat(16)1
Avg Revenue beat(16)-1.95%
PT rev (1m)15%
PT rev (3m)15.03%
EPS NQ rev (1m)-8.5%
EPS NQ rev (3m)-11.37%
EPS NY rev (1m)4.81%
EPS NY rev (3m)2.08%
Revenue NQ rev (1m)-0.49%
Revenue NQ rev (3m)-2.08%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)-0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.5 | ||
| Fwd PE | 7.94 | ||
| P/S | 1.18 | ||
| P/FCF | 5.09 | ||
| P/OCF | 4.54 | ||
| P/B | 2.78 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.15 |
EPS(TTM)19.71
EY9.52%
EPS(NY)26.08
Fwd EY12.6%
FCF(TTM)40.63
FCFY19.63%
OCF(TTM)45.58
OCFY22.02%
SpS175.33
BVpS74.41
TBVpS-176.38
PEG (NY)N/A
PEG (5Y)0.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.53% | ||
| ROE | 27.75% | ||
| ROCE | 11.51% | ||
| ROIC | 7.97% | ||
| ROICexc | 8.15% | ||
| ROICexgc | 31.4% | ||
| OM | 22.74% | ||
| PM (TTM) | 11.78% | ||
| GM | 58.58% | ||
| FCFM | 23.18% |
ROA(3y)5.61%
ROA(5y)5.83%
ROE(3y)27.49%
ROE(5y)28.8%
ROIC(3y)7.17%
ROIC(5y)7.11%
ROICexc(3y)7.27%
ROICexc(5y)7.21%
ROICexgc(3y)26.43%
ROICexgc(5y)25.55%
ROCE(3y)10.35%
ROCE(5y)10.27%
ROICexcg growth 3Y11.09%
ROICexcg growth 5Y21.54%
ROICexc growth 3Y7.99%
ROICexc growth 5Y20.33%
OM growth 3Y-2.43%
OM growth 5Y3.14%
PM growth 3Y-9.4%
PM growth 5Y12%
GM growth 3Y-0.59%
GM growth 5Y1.16%
F-Score8
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.78 | ||
| Debt/FCF | 5.18 | ||
| Debt/EBITDA | 3.1 | ||
| Cap/Depr | 18.47% | ||
| Cap/Sales | 2.82% | ||
| Interest Coverage | 3.02 | ||
| Cash Conversion | 68.38% | ||
| Profit Quality | 196.81% | ||
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.69 | ||
| Altman-Z | 1.76 |
F-Score8
WACC6.52%
ROIC/WACC1.22
Cap/Depr(3y)20.53%
Cap/Depr(5y)43.5%
Cap/Sales(3y)3.16%
Cap/Sales(5y)5.82%
Profit Quality(3y)172%
Profit Quality(5y)141.43%
High Growth Momentum
Growth
EPS 1Y (TTM)54.95%
EPS 3Y4.27%
EPS 5Y39.47%
EPS Q2Q%-0.85%
EPS Next Y-34.6%
EPS Next 2Y10.06%
EPS Next 3Y-4.59%
EPS Next 5Y-0.04%
Revenue 1Y (TTM)6.55%
Revenue growth 3Y5.17%
Revenue growth 5Y12.21%
Sales Q2Q%-3.15%
Revenue Next Year-9.01%
Revenue Next 2Y0.17%
Revenue Next 3Y-2.07%
Revenue Next 5Y-3.56%
EBIT growth 1Y38.17%
EBIT growth 3Y2.62%
EBIT growth 5Y15.73%
EBIT Next Year13.56%
EBIT Next 3Y5.86%
EBIT Next 5Y13.06%
FCF growth 1Y11.83%
FCF growth 3Y6.08%
FCF growth 5YN/A
OCF growth 1Y8.56%
OCF growth 3Y0.96%
OCF growth 5Y24.52%