NEXSTAR MEDIA GROUP INC (NXST)
US65336K1034 - Common Stock
Taking everything into account, NXST scores 6 out of 10 in our fundamental rating. NXST was compared to 91 industry peers in the Media industry. NXST has an excellent profitability rating, but there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on NXST. NXST also has an excellent dividend rating.
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.
NXST had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
NXST's Return On Assets of 4.94% is amongst the best of the industry. NXST outperforms 83.33% of its industry peers.
Looking at the Return On Equity, with a value of 26.05%, NXST belongs to the top of the industry, outperforming 92.22% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 7.45%, NXST is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for NXST is in line with the industry average of 6.93%.
The last Return On Invested Capital (7.45%) for NXST is above the 3 year average (6.89%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.94% | ||
| ROE | 26.05% | ||
| ROIC | 7.45% |
ROA(3y)5.61%
ROA(5y)4.9%
ROE(3y)26.59%
ROE(5y)24.67%
ROIC(3y)6.89%
ROIC(5y)6.37%
1.3 Margins
NXST has a better Profit Margin (11.07%) than 85.56% of its industry peers.
NXST's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 21.37%, NXST belongs to the top of the industry, outperforming 93.33% of the companies in the same industry.
In the last couple of years the Operating Margin of NXST has declined.
The Gross Margin of NXST (58.36%) is better than 70.00% of its industry peers.
NXST's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.37% | ||
| PM (TTM) | 11.07% | ||
| GM | 58.36% |
OM growth 3Y-20.65%
OM growth 5Y-11.73%
PM growth 3Y-26.99%
PM growth 5Y-13.01%
GM growth 3Y-2.97%
GM growth 5Y-0.91%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so NXST is still creating some value.
Compared to 1 year ago, NXST has less shares outstanding
The number of shares outstanding for NXST has been reduced compared to 5 years ago.
NXST has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.55, we must say that NXST is in the distress zone and has some risk of bankruptcy.
NXST's Altman-Z score of 1.55 is fine compared to the rest of the industry. NXST outperforms 61.11% of its industry peers.
The Debt to FCF ratio of NXST is 8.00, which is on the high side as it means it would take NXST, 8.00 years of fcf income to pay off all of its debts.
NXST has a Debt to FCF ratio of 8.00. This is in the better half of the industry: NXST outperforms 62.22% of its industry peers.
A Debt/Equity ratio of 2.96 is on the high side and indicates that NXST has dependencies on debt financing.
NXST's Debt to Equity ratio of 2.96 is on the low side compared to the rest of the industry. NXST is outperformed by 82.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.96 | ||
| Debt/FCF | 8 | ||
| Altman-Z | 1.55 |
ROIC/WACC1.15
WACC6.49%
2.3 Liquidity
NXST has a Current Ratio of 1.68. This is a normal value and indicates that NXST is financially healthy and should not expect problems in meeting its short term obligations.
NXST has a Current ratio (1.68) which is comparable to the rest of the industry.
NXST has a Quick Ratio of 1.68. 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 Quick ratio of 1.68 is in line compared to the rest of the industry. NXST outperforms 57.78% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.68 | ||
| Quick Ratio | 1.68 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 48.92% over the past year.
Measured over the past 5 years, NXST shows a small growth in Earnings Per Share. The EPS has been growing by 3.24% on average per year.
Looking at the last year, NXST shows a small growth in Revenue. The Revenue has grown by 2.10% in the last year.
Measured over the past years, NXST shows a quite strong growth in Revenue. The Revenue has been growing by 12.26% on average per year.
EPS 1Y (TTM)48.92%
EPS 3Y-17.75%
EPS 5Y3.24%
EPS Q2Q%652.86%
Revenue 1Y (TTM)2.1%
Revenue growth 3Y3.1%
Revenue growth 5Y12.26%
Sales Q2Q%20.67%
3.2 Future
The Earnings Per Share is expected to grow by 27.00% on average over the next years. This is a very strong growth
The Revenue is expected to grow by 1.60% on average over the next years.
EPS Next Y136.26%
EPS Next 2Y24.44%
EPS Next 3Y42.18%
EPS Next 5Y27%
Revenue Next Year9.68%
Revenue Next 2Y0.97%
Revenue Next 3Y3.75%
Revenue Next 5Y1.6%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 9.17.
NXST's Price/Earnings ratio is rather cheap when compared to the industry. NXST is cheaper than 81.11% of the companies in the same industry.
NXST is valuated cheaply when we compare the Price/Earnings ratio to 27.20, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 10.63, which indicates a very decent valuation of NXST.
77.78% of the companies in the same industry are more expensive than NXST, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of NXST to the average of the S&P500 Index (23.73), we can say NXST is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.17 | ||
| Fwd PE | 10.63 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NXST indicates a rather cheap valuation: NXST is cheaper than 84.44% of the companies listed in the same industry.
NXST's Price/Free Cash Flow ratio is rather cheap when compared to the industry. NXST is cheaper than 86.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.87 | ||
| EV/EBITDA | 5.97 |
4.3 Compensation for Growth
NXST's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
NXST has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as NXST's earnings are expected to grow with 42.18% in the coming years.
PEG (NY)0.07
PEG (5Y)2.83
EPS Next 2Y24.44%
EPS Next 3Y42.18%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.31%, NXST is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 4.42, NXST pays a better dividend. On top of this NXST pays more dividend than 87.78% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, NXST pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.31% |
5.2 History
On average, the dividend of NXST grows each year by 29.40%, which is quite nice.
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)29.4%
Div Incr Years11
Div Non Decr Years11
5.3 Sustainability
36.85% of the earnings are spent on dividend by NXST. This is a low number and sustainable payout ratio.
The dividend of NXST is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP36.85%
EPS Next 2Y24.44%
EPS Next 3Y42.18%
NEXSTAR MEDIA GROUP INC
NASDAQ:NXST (12/20/2024, 8:00:01 PM)
After market: 157.64 -0.85 (-0.54%)158.49
+1.48 (+0.94%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners96.69%
Inst Owner Change-2.96%
Ins Owners5.82%
Ins Owner Change-0.56%
Market Cap4.92B
Analysts81.33
Price Target205.13 (29.43%)
Short Float %6.41%
Short Ratio5.74
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.31% |
Dividend Growth(5Y)29.4%
DP36.85%
Div Incr Years11
Div Non Decr Years11
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-10.65%
Min EPS beat(2)-16.76%
Max EPS beat(2)-4.54%
EPS beat(4)1
Avg EPS beat(4)-3.84%
Min EPS beat(4)-21.52%
Max EPS beat(4)27.46%
EPS beat(8)3
Avg EPS beat(8)-9.66%
EPS beat(12)7
Avg EPS beat(12)0.42%
EPS beat(16)11
Avg EPS beat(16)3.61%
Revenue beat(2)0
Avg Revenue beat(2)-3.05%
Min Revenue beat(2)-4.08%
Max Revenue beat(2)-2.01%
Revenue beat(4)0
Avg Revenue beat(4)-2.82%
Min Revenue beat(4)-4.08%
Max Revenue beat(4)-2.01%
Revenue beat(8)0
Avg Revenue beat(8)-2.58%
Revenue beat(12)1
Avg Revenue beat(12)-2.17%
Revenue beat(16)3
Avg Revenue beat(16)-1.72%
PT rev (1m)0.67%
PT rev (3m)-0.39%
EPS NQ rev (1m)-3.2%
EPS NQ rev (3m)-19.63%
EPS NY rev (1m)-9.09%
EPS NY rev (3m)-11.14%
Revenue NQ rev (1m)-0.92%
Revenue NQ rev (3m)-5.56%
Revenue NY rev (1m)-1.65%
Revenue NY rev (3m)-1.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.17 | ||
| Fwd PE | 10.63 | ||
| P/S | 0.94 | ||
| P/FCF | 5.87 | ||
| P/OCF | 4.82 | ||
| P/B | 2.22 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.97 |
EPS(TTM)17.29
EY10.91%
EPS(NY)14.91
Fwd EY9.41%
FCF(TTM)26.98
FCFY17.02%
OCF(TTM)32.91
OCFY20.77%
SpS168.38
BVpS71.53
TBVpS-179.5
PEG (NY)0.07
PEG (5Y)2.83
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.94% | ||
| ROE | 26.05% | ||
| ROCE | 10.29% | ||
| ROIC | 7.45% | ||
| ROICexc | 7.58% | ||
| ROICexgc | 28.07% | ||
| OM | 21.37% | ||
| PM (TTM) | 11.07% | ||
| GM | 58.36% | ||
| FCFM | 16.03% |
ROA(3y)5.61%
ROA(5y)4.9%
ROE(3y)26.59%
ROE(5y)24.67%
ROIC(3y)6.89%
ROIC(5y)6.37%
ROICexc(3y)6.99%
ROICexc(5y)6.47%
ROICexgc(3y)24.66%
ROICexgc(5y)22.61%
ROCE(3y)9.51%
ROCE(5y)8.8%
ROICexcg growth 3Y-12.21%
ROICexcg growth 5Y-19.2%
ROICexc growth 3Y-14.54%
ROICexc growth 5Y-10.74%
OM growth 3Y-20.65%
OM growth 5Y-11.73%
PM growth 3Y-26.99%
PM growth 5Y-13.01%
GM growth 3Y-2.97%
GM growth 5Y-0.91%
F-Score7
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.96 | ||
| Debt/FCF | 8 | ||
| Debt/EBITDA | 3.44 | ||
| Cap/Depr | 23.06% | ||
| Cap/Sales | 3.52% | ||
| Interest Coverage | 2.5 | ||
| Cash Conversion | 53.34% | ||
| Profit Quality | 144.81% | ||
| Current Ratio | 1.68 | ||
| Quick Ratio | 1.68 | ||
| Altman-Z | 1.55 |
F-Score7
WACC6.49%
ROIC/WACC1.15
Cap/Depr(3y)30.92%
Cap/Depr(5y)337.38%
Cap/Sales(3y)4.34%
Cap/Sales(5y)45.29%
Profit Quality(3y)157.96%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)48.92%
EPS 3Y-17.75%
EPS 5Y3.24%
EPS Q2Q%652.86%
EPS Next Y136.26%
EPS Next 2Y24.44%
EPS Next 3Y42.18%
EPS Next 5Y27%
Revenue 1Y (TTM)2.1%
Revenue growth 3Y3.1%
Revenue growth 5Y12.26%
Sales Q2Q%20.67%
Revenue Next Year9.68%
Revenue Next 2Y0.97%
Revenue Next 3Y3.75%
Revenue Next 5Y1.6%
EBIT growth 1Y23.47%
EBIT growth 3Y-18.19%
EBIT growth 5Y-0.91%
EBIT Next Year172.96%
EBIT Next 3Y39.6%
EBIT Next 5Y24.65%
FCF growth 1Y-39.03%
FCF growth 3Y7.66%
FCF growth 5Y9.04%
OCF growth 1Y-32.74%
OCF growth 3Y-7.3%
OCF growth 5Y6.28%