209.42 USD
-2.55 (-1.2%)
209.42 USD
0 (0%)
Taking everything into account, NXST scores 6 out of 10 in our fundamental rating. NXST was compared to 92 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, but it does not seem to be growing. 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.
- Each year in the past 5 years NXST had a positive operating cash flow.
1.2 Ratios
- With an excellent Return On Assets value of 4.63%, NXST belongs to the best of the industry, outperforming 81.52% of the companies in the same industry.
- NXST has a better Return On Equity (22.79%) than 94.57% of its industry peers.
- NXST has a Return On Invested Capital of 6.92%. This is amongst the best in the industry. NXST outperforms 81.52% 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 7.07%.
| 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 83.70% of the companies in the same industry.
- NXST's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 20.38%, NXST belongs to the top of the industry, outperforming 95.65% of the companies in the same industry.
- In the last couple of years the Operating Margin of NXST has grown nicely.
- The Gross Margin of NXST (57.23%) is better than 69.57% of its industry peers.
- 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 | 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) below the Cost of Capital (WACC), NXST is destroying 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
- Based on the Altman-Z score of 1.73, we must say that NXST is in the distress zone and has some risk of bankruptcy.
- NXST's Altman-Z score of 1.73 is fine compared to the rest of the industry. NXST outperforms 67.39% of its industry peers.
- 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.
- NXST has a better Debt to FCF ratio (6.62) than 73.91% of its industry peers.
- A Debt/Equity ratio of 2.73 is on the high side and indicates that NXST has dependencies on debt financing.
- With a Debt to Equity ratio value of 2.73, NXST is not doing good in the industry: 71.74% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.73 | ||
| Debt/FCF | 6.62 | ||
| Altman-Z | 1.73 |
ROIC/WACC0.96
WACC7.2%
2.3 Liquidity
- A Current Ratio of 1.87 indicates that NXST should not have too much problems paying its short term obligations.
- With a decent Current ratio value of 1.87, NXST is doing good in the industry, outperforming 72.83% of the companies in the same industry.
- NXST has a Quick 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 Quick ratio of 1.87 is fine compared to the rest of the industry. NXST outperforms 75.00% 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.
- 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.
- Looking at the last year, NXST shows a decrease in Revenue. The Revenue has decreased by -1.44% in the last year.
- NXST shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.21% yearly.
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 -1.31% on average per year.
- Based on estimates for the next years, NXST will show a decrease in Revenue. The Revenue will decrease by -3.61% on average per year.
EPS Next Y-40.62%
EPS Next 2Y8.7%
EPS Next 3Y-5.8%
EPS Next 5Y-1.31%
Revenue Next Year-9.45%
Revenue Next 2Y-0.06%
Revenue Next 3Y-2.35%
Revenue Next 5Y-3.61%
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 correctly with a Price/Earnings ratio of 12.63.
- Based on the Price/Earnings ratio, NXST is valued cheaper than 80.43% of the companies in the same industry.
- When comparing the Price/Earnings ratio of NXST to the average of the S&P500 Index (28.82), we can say NXST is valued rather cheaply.
- A Price/Forward Earnings ratio of 8.23 indicates a reasonable valuation of NXST.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of NXST indicates a somewhat cheap valuation: NXST is cheaper than 75.00% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 25.95, NXST is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.63 | ||
| Fwd PE | 8.23 |
4.2 Price Multiples
- 81.52% of the companies in the same industry are more expensive than NXST, based on the Enterprise Value to EBITDA ratio.
- 81.52% 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 | 6.61 | ||
| EV/EBITDA | 6.7 |
4.3 Compensation for Growth
- NXST has an outstanding profitability rating, which may justify a higher PE ratio.
- A cheap valuation may be justified as NXST's earnings are expected to decrease with -5.80% in the coming years.
PEG (NY)N/A
PEG (5Y)0.32
EPS Next 2Y8.7%
EPS Next 3Y-5.8%
5. Dividend
5.1 Amount
- NXST has a Yearly Dividend Yield of 3.39%.
- NXST's Dividend Yield is rather good when compared to the industry average which is at 1.22. NXST pays more dividend than 84.78% of the companies in the same industry.
- NXST's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.39% |
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
- 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 2Y8.7%
EPS Next 3Y-5.8%
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.
Can you provide the valuation status for NEXSTAR MEDIA GROUP INC?
ChartMill assigns a valuation rating of 7 / 10 to NEXSTAR MEDIA GROUP INC (NXST). This can be considered as Undervalued.
Can you provide the profitability details for NEXSTAR MEDIA GROUP INC?
NEXSTAR MEDIA GROUP INC (NXST) has a profitability rating of 8 / 10.
How financially healthy is NEXSTAR MEDIA GROUP INC?
The financial health rating of NEXSTAR MEDIA GROUP INC (NXST) is 4 / 10.
Can you provide the dividend sustainability for NXST stock?
The dividend rating of NEXSTAR MEDIA GROUP INC (NXST) is 7 / 10 and the dividend payout ratio is 42.42%.