NEXSTAR MEDIA GROUP INC (NXST) Stock Fundamental Analysis
USA - NASDAQ:NXST - US65336K1034 - Common Stock
186.64 USD
-0.9 (-0.48%)
186.64 USD
0 (0%)
Overall NXST gets a fundamental rating of 6 out of 10. We evaluated NXST against 96 industry peers in the Media industry. NXST has an excellent profitability rating, but there are some minor concerns on its financial health. NXST has a valuation in line with the averages, but it does not seem to be growing. Finally NXST also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
NXST had positive earnings in the past year.
NXST had a positive operating cash flow in the past year.
In the past 5 years NXST has always been profitable.
NXST had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NXST has a Return On Assets of 4.63%. This is in the better half of the industry: NXST outperforms 78.13% of its industry peers.
NXST has a better Return On Equity (22.79%) than 90.63% of its industry peers.
The Return On Invested Capital of NXST (6.92%) is better than 72.92% 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 8.33%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.63% | ||
| ROE | 22.79% | ||
| ROIC | 6.92% |
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
With an excellent Profit Margin value of 10.12%, NXST belongs to the best of the industry, outperforming 81.25% of the companies in the same industry.
NXST's Profit Margin has improved in the last couple of years.
NXST has a Operating Margin of 20.38%. This is amongst the best in the industry. NXST outperforms 93.75% of its industry peers.
NXST's Operating Margin has improved in the last couple of years.
NXST's Gross Margin of 57.23% is fine compared to the rest of the industry. NXST outperforms 67.71% of its industry peers.
NXST's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.38% | ||
| PM (TTM) | 10.12% | ||
| GM | 57.23% |
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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NXST is creating some value.
The number of shares outstanding for NXST has been reduced compared to 1 year ago.
Compared to 5 years ago, NXST has less shares outstanding
NXST has a worse debt/assets ratio than last year.
2.2 Solvency
NXST has an Altman-Z score of 1.68. This is a bad value and indicates that NXST is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.68, NXST is in the better half of the industry, outperforming 64.58% of the companies in the same industry.
NXST has a debt to FCF ratio of 6.62. This is a slightly negative value and a sign of low solvency as NXST would need 6.62 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 6.62, NXST is doing good in the industry, outperforming 68.75% of the companies in the same industry.
A Debt/Equity ratio of 2.73 is on the high side and indicates that NXST has dependencies on debt financing.
NXST's Debt to Equity ratio of 2.73 is on the low side compared to the rest of the industry. NXST is outperformed by 73.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.73 | ||
| Debt/FCF | 6.62 | ||
| Altman-Z | 1.68 |
ROIC/WACC0.99
WACC7%
2.3 Liquidity
NXST has a Current Ratio of 1.87. This is a normal value and indicates that NXST is financially healthy and should not expect problems in meeting its short term obligations.
NXST's Current ratio of 1.87 is fine compared to the rest of the industry. NXST outperforms 72.92% of its industry peers.
A Quick Ratio of 1.87 indicates that NXST should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.87, NXST is in the better half of the industry, outperforming 73.96% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.87 | ||
| Quick Ratio | 1.87 |
3. Growth
3.1 Past
NXST shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -4.11%.
Measured over the past years, NXST shows a very strong growth in Earnings Per Share. The EPS has been growing by 39.47% on average per year.
NXST shows a decrease in Revenue. In the last year, the revenue decreased by -1.44%.
Measured over the past years, NXST shows a quite strong growth in Revenue. The Revenue has been growing by 12.21% on average per year.
EPS 1Y (TTM)-4.11%
EPS 3Y4.27%
EPS 5Y39.47%
EPS Q2Q%-59.39%
Revenue 1Y (TTM)-1.44%
Revenue growth 3Y5.17%
Revenue growth 5Y12.21%
Sales Q2Q%-12.3%
3.2 Future
Based on estimates for the next years, NXST will show a decrease in Earnings Per Share. The EPS will decrease by -0.04% on average per year.
NXST is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.56% yearly.
EPS Next Y-35.18%
EPS Next 2Y10.09%
EPS Next 3Y-5.51%
EPS Next 5Y-0.04%
Revenue Next Year-9.03%
Revenue Next 2Y0.15%
Revenue Next 3Y-2.08%
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
With a Price/Earnings ratio of 11.26, the valuation of NXST can be described as very reasonable.
Based on the Price/Earnings ratio, NXST is valued a bit cheaper than the industry average as 77.08% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 25.51. NXST is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 7.15, the valuation of NXST can be described as very cheap.
NXST's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. NXST is cheaper than 79.17% of the companies in the same industry.
NXST's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 34.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.26 | ||
| Fwd PE | 7.15 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NXST is valued a bit cheaper than 77.08% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of NXST indicates a somewhat cheap valuation: NXST is cheaper than 78.13% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.89 | ||
| EV/EBITDA | 6.33 |
4.3 Compensation for Growth
The excellent profitability rating of NXST may justify a higher PE ratio.
NXST's earnings are expected to decrease with -5.51% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.29
EPS Next 2Y10.09%
EPS Next 3Y-5.51%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.05%, NXST is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.44, NXST pays a better dividend. On top of this NXST pays more dividend than 87.50% of the companies listed in the same industry.
NXST's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.05% |
5.2 History
The dividend of NXST is nicely growing with an annual growth rate of 30.53%!
NXST has paid a dividend for at least 10 years, which is a reliable track record.
NXST has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)30.53%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
NXST pays out 42.42% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP42.42%
EPS Next 2Y10.09%
EPS Next 3Y-5.51%
186.64
-0.9 (-0.48%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners101.6%
Inst Owner Change3.16%
Ins Owners6.63%
Ins Owner Change3.6%
Market Cap5.66B
Revenue(TTM)5.15B
Net Income(TTM)521.00M
Analysts81.33
Price Target235.98 (26.44%)
Short Float %7.35%
Short Ratio6.59
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.05% |
Yearly Dividend6.82
Dividend Growth(5Y)30.53%
DP42.42%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.03%
Min EPS beat(2)-17.63%
Max EPS beat(2)27.68%
EPS beat(4)2
Avg EPS beat(4)1.02%
Min EPS beat(4)-17.63%
Max EPS beat(4)27.68%
EPS beat(8)3
Avg EPS beat(8)-1.41%
EPS beat(12)5
Avg EPS beat(12)-6.1%
EPS beat(16)9
Avg EPS beat(16)0.57%
Revenue beat(2)0
Avg Revenue beat(2)-1.3%
Min Revenue beat(2)-2.2%
Max Revenue beat(2)-0.41%
Revenue beat(4)0
Avg Revenue beat(4)-1.58%
Min Revenue beat(4)-2.2%
Max Revenue beat(4)-0.41%
Revenue beat(8)0
Avg Revenue beat(8)-2.2%
Revenue beat(12)0
Avg Revenue beat(12)-2.25%
Revenue beat(16)1
Avg Revenue beat(16)-2.02%
PT rev (1m)0%
PT rev (3m)15.71%
EPS NQ rev (1m)0.96%
EPS NQ rev (3m)2.07%
EPS NY rev (1m)0%
EPS NY rev (3m)3.88%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.26 | ||
| Fwd PE | 7.15 | ||
| P/S | 1.1 | ||
| P/FCF | 5.89 | ||
| P/OCF | 5.09 | ||
| P/B | 2.48 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.33 |
EPS(TTM)16.58
EY8.88%
EPS(NY)26.09
Fwd EY13.98%
FCF(TTM)31.7
FCFY16.98%
OCF(TTM)36.68
OCFY19.65%
SpS169.79
BVpS75.4
TBVpS-173.02
PEG (NY)N/A
PEG (5Y)0.29
Graham Number167.71
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.63% | ||
| ROE | 22.79% | ||
| ROCE | 9.99% | ||
| ROIC | 6.92% | ||
| ROICexc | 7.08% | ||
| ROICexgc | 26.56% | ||
| OM | 20.38% | ||
| PM (TTM) | 10.12% | ||
| GM | 57.23% | ||
| FCFM | 18.67% |
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%
ROICexgc growth 3Y11.09%
ROICexgc 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-Score7
Asset Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.73 | ||
| Debt/FCF | 6.62 | ||
| Debt/EBITDA | 3.36 | ||
| Cap/Depr | 18.6% | ||
| Cap/Sales | 2.93% | ||
| Interest Coverage | 2.75 | ||
| Cash Conversion | 59.75% | ||
| Profit Quality | 184.45% | ||
| Current Ratio | 1.87 | ||
| Quick Ratio | 1.87 | ||
| Altman-Z | 1.68 |
F-Score7
WACC7%
ROIC/WACC0.99
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)-4.11%
EPS 3Y4.27%
EPS 5Y39.47%
EPS Q2Q%-59.39%
EPS Next Y-35.18%
EPS Next 2Y10.09%
EPS Next 3Y-5.51%
EPS Next 5Y-0.04%
Revenue 1Y (TTM)-1.44%
Revenue growth 3Y5.17%
Revenue growth 5Y12.21%
Sales Q2Q%-12.3%
Revenue Next Year-9.03%
Revenue Next 2Y0.15%
Revenue Next 3Y-2.08%
Revenue Next 5Y-3.56%
EBIT growth 1Y-6%
EBIT growth 3Y2.62%
EBIT growth 5Y15.73%
EBIT Next Year14%
EBIT Next 3Y6.51%
EBIT Next 5Y13.06%
FCF growth 1Y11.14%
FCF growth 3Y6.08%
FCF growth 5YN/A
OCF growth 1Y7.44%
OCF growth 3Y0.96%
OCF growth 5Y24.52%
NEXSTAR MEDIA GROUP INC / NXST FAQ
What is the ChartMill fundamental rating of NEXSTAR MEDIA GROUP INC (NXST) stock?
ChartMill assigns a fundamental rating of 6 / 10 to NXST.
What is the valuation status for NXST stock?
ChartMill assigns a valuation rating of 6 / 10 to NEXSTAR MEDIA GROUP INC (NXST). This can be considered as Fairly Valued.
What is the profitability of NXST stock?
NEXSTAR MEDIA GROUP INC (NXST) has a profitability rating of 8 / 10.
What is the financial health of NEXSTAR MEDIA GROUP INC (NXST) stock?
The financial health rating of NEXSTAR MEDIA GROUP INC (NXST) is 4 / 10.
What is the expected EPS growth for NEXSTAR MEDIA GROUP INC (NXST) stock?
The Earnings per Share (EPS) of NEXSTAR MEDIA GROUP INC (NXST) is expected to decline by -35.18% in the next year.