NEXSTAR MEDIA GROUP INC (NXST) Stock Fundamental Analysis
USA - NASDAQ:NXST - US65336K1034 - Common Stock
182.18 USD
-1.46 (-0.8%)
182.18 USD
0 (0%)
NXST gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 95 industry peers in the Media industry. NXST scores excellent on profitability, but there are some minor concerns on its financial health. NXST has a valuation in line with the averages, but on the other hand it scores bad on growth. Finally NXST also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year NXST was profitable.
NXST had a positive operating cash flow in the past year.
Each year in the past 5 years NXST has been profitable.
In the past 5 years NXST always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of NXST (4.63%) is better than 78.95% of its industry peers.
The Return On Equity of NXST (22.79%) is better than 91.58% of its industry peers.
NXST has a better Return On Invested Capital (6.92%) than 73.68% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NXST is in line with the industry average of 8.51%.
| 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
The Profit Margin of NXST (10.12%) is better than 81.05% of its industry peers.
In the last couple of years the Profit Margin of NXST has grown nicely.
NXST's Operating Margin of 20.38% is amongst the best of the industry. NXST outperforms 92.63% of its industry peers.
NXST's Operating Margin has improved in the last couple of years.
The Gross Margin of NXST (57.23%) is better than 67.37% 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
NXST has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it 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
The debt/assets ratio for NXST is higher compared to a year ago.
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 65.26% of the companies in the same industry.
The Debt to FCF ratio of NXST is 6.62, which is on the high side as it means it would take NXST, 6.62 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 6.62, NXST is doing good in the industry, outperforming 67.37% 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.
Looking at the Debt to Equity ratio, with a value of 2.73, NXST is doing worse than 73.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.73 | ||
| Debt/FCF | 6.62 | ||
| Altman-Z | 1.68 |
ROIC/WACC0.99
WACC6.96%
2.3 Liquidity
A Current Ratio of 1.87 indicates that NXST should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.87, NXST is in the better half of the industry, outperforming 74.74% of the companies in the same industry.
A Quick Ratio of 1.87 indicates that NXST should not have too much problems paying its short term obligations.
NXST has a Quick ratio of 1.87. This is in the better half of the industry: NXST outperforms 75.79% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.87 | ||
| Quick Ratio | 1.87 |
3. Growth
3.1 Past
The earnings per share for NXST have decreased by -4.11% in the last year.
The Earnings Per Share has been growing by 39.47% on average over the past years. This is a very strong growth
Looking at the last year, NXST shows a decrease in Revenue. The Revenue has decreased by -1.44% in the last year.
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
The Earnings Per Share is expected to decrease by -0.04% on average over the next years.
The Revenue is expected to decrease by -3.56% on average over the next years.
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 10.99, the valuation of NXST can be described as very reasonable.
NXST's Price/Earnings ratio is a bit cheaper when compared to the industry. NXST is cheaper than 76.84% of the companies in the same industry.
NXST's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.89.
With a Price/Forward Earnings ratio of 6.98, the valuation of NXST can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NXST indicates a somewhat cheap valuation: NXST is cheaper than 78.95% of the companies listed 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 34.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.99 | ||
| Fwd PE | 6.98 |
4.2 Price Multiples
NXST's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NXST is cheaper than 77.89% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, NXST is valued a bit cheaper than 77.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.75 | ||
| EV/EBITDA | 6.28 |
4.3 Compensation for Growth
NXST has an outstanding profitability rating, which 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)0.28
EPS Next 2Y10.09%
EPS Next 3Y-5.51%
5. Dividend
5.1 Amount
NXST has a Yearly Dividend Yield of 4.05%, which is a nice return.
NXST's Dividend Yield is rather good when compared to the industry average which is at 4.47. NXST pays more dividend than 87.37% of the companies 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 | 4.05% |
5.2 History
On average, the dividend of NXST grows each year by 30.53%, which is quite nice.
NXST has been paying a dividend for at least 10 years, so it has 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
42.42% of the earnings are spent on dividend by NXST. This is a bit on the high side, but may be sustainable.
DP42.42%
EPS Next 2Y10.09%
EPS Next 3Y-5.51%
182.18
-1.46 (-0.8%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners101.6%
Inst Owner Change2.8%
Ins Owners6.63%
Ins Owner Change3.06%
Market Cap5.52B
Revenue(TTM)5.15B
Net Income(TTM)521.00M
Analysts81.33
Price Target235.98 (29.53%)
Short Float %7.1%
Short Ratio6.02
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)0.6%
EPS NQ rev (3m)-5.26%
EPS NY rev (1m)0%
EPS NY rev (3m)3.88%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)-1.76%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.99 | ||
| Fwd PE | 6.98 | ||
| P/S | 1.07 | ||
| P/FCF | 5.75 | ||
| P/OCF | 4.97 | ||
| P/B | 2.42 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.28 |
EPS(TTM)16.58
EY9.1%
EPS(NY)26.09
Fwd EY14.32%
FCF(TTM)31.7
FCFY17.4%
OCF(TTM)36.68
OCFY20.13%
SpS169.79
BVpS75.4
TBVpS-173.02
PEG (NY)N/A
PEG (5Y)0.28
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
WACC6.96%
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.