NEXSTAR MEDIA GROUP INC (NXST) Stock Fundamental Analysis
USA - NASDAQ:NXST - US65336K1034 - Common Stock
198.39 USD
+3.29 (+1.69%)
198.39 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to NXST. NXST was compared to 95 industry peers in the Media industry. While NXST belongs to the best of the industry regarding profitability, 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! Finally NXST also has an excellent dividend rating. These ratings could make NXST a good candidate 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.
NXST had positive earnings in each of the past 5 years.
Each year in the past 5 years NXST had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.53%, NXST is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of 27.75%, NXST belongs to the top of the industry, outperforming 93.68% of the companies in the same industry.
With an excellent Return On Invested Capital value of 7.97%, NXST belongs to the best of the industry, outperforming 86.32% of the companies in the same industry.
NXST had an Average Return On Invested Capital over the past 3 years of 7.17%. This is in line with the industry average of 8.55%.
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
With an excellent Profit Margin value of 11.78%, NXST belongs to the best of the industry, outperforming 83.16% of the companies in the same industry.
NXST's Profit Margin has improved in the last couple of years.
The Operating Margin of NXST (22.74%) is better than 96.84% of its industry peers.
NXST's Operating Margin has improved in the last couple of years.
NXST's Gross Margin of 58.58% is fine compared to the rest of the industry. NXST outperforms 70.53% of its industry peers.
NXST's Gross Margin has been stable in the last couple of years.
| 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.
The debt/assets ratio for NXST is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.74, we must say that NXST is in the distress zone and has some risk of bankruptcy.
NXST has a Altman-Z score of 1.74. This is in the better half of the industry: NXST outperforms 66.32% of its industry peers.
NXST has a debt to FCF ratio of 5.18. This is a neutral value as NXST would need 5.18 years to pay back of 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 74.74% 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.
NXST has a Debt to Equity ratio of 2.78. This is in the lower half of the industry: NXST underperforms 74.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.78 | ||
| Debt/FCF | 5.18 | ||
| Altman-Z | 1.74 |
ROIC/WACC1.13
WACC7.03%
2.3 Liquidity
NXST has a Current 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.
With a decent Current ratio value of 1.69, NXST is doing good in the industry, outperforming 68.42% of the companies in the same industry.
A Quick Ratio of 1.69 indicates that NXST should not have too much problems paying its short term obligations.
NXST has a better Quick ratio (1.69) than 69.47% 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.
NXST shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 39.47% yearly.
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
NXST is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -0.04% yearly.
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-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 10.07, the valuation of NXST can be described as very reasonable.
Compared to the rest of the industry, the Price/Earnings ratio of NXST indicates a somewhat cheap valuation: NXST is cheaper than 77.89% of the companies listed in the same industry.
NXST is valuated cheaply when we compare the Price/Earnings ratio to 26.03, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 7.60, which indicates a rather cheap 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 76.84% of the companies listed in the same industry.
NXST is valuated cheaply when we compare the Price/Forward Earnings ratio to 22.27, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.07 | ||
| Fwd PE | 7.6 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA 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/Free Cash Flow ratio is rather cheap when compared to the industry. NXST is cheaper than 84.21% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.88 | ||
| EV/EBITDA | 5.97 |
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)0.26
EPS Next 2Y10.09%
EPS Next 3Y-5.51%
5. Dividend
5.1 Amount
NXST has a Yearly Dividend Yield of 3.81%.
Compared to an average industry Dividend Yield of 4.47, NXST pays a better dividend. On top of this NXST pays more dividend than 84.21% 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 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.81% |
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
NXST pays out 35.14% of its income as dividend. This is a sustainable payout ratio.
DP35.14%
EPS Next 2Y10.09%
EPS Next 3Y-5.51%
198.39
+3.29 (+1.69%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners101.6%
Inst Owner Change0.85%
Ins Owners6.63%
Ins Owner Change3.06%
Market Cap6.02B
Revenue(TTM)5.32B
Net Income(TTM)626.00M
Analysts81.33
Price Target235.98 (18.95%)
Short Float %7.1%
Short Ratio6.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.81% |
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)0.61%
PT rev (3m)15.71%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.83%
EPS NY rev (1m)0%
EPS NY rev (3m)3.88%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.84%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.07 | ||
| Fwd PE | 7.6 | ||
| P/S | 1.13 | ||
| P/FCF | 4.88 | ||
| P/OCF | 4.35 | ||
| P/B | 2.67 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.97 |
EPS(TTM)19.71
EY9.93%
EPS(NY)26.09
Fwd EY13.15%
FCF(TTM)40.63
FCFY20.48%
OCF(TTM)45.58
OCFY22.98%
SpS175.33
BVpS74.41
TBVpS-176.38
PEG (NY)N/A
PEG (5Y)0.26
Graham Number181.65
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%
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-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 | 1.74 |
F-Score8
WACC7.03%
ROIC/WACC1.13
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-35.18%
EPS Next 2Y10.09%
EPS Next 3Y-5.51%
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-9.03%
Revenue Next 2Y0.15%
Revenue Next 3Y-2.08%
Revenue Next 5Y-3.56%
EBIT growth 1Y38.17%
EBIT growth 3Y2.62%
EBIT growth 5Y15.73%
EBIT Next Year14%
EBIT Next 3Y6.51%
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%
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 7 / 10 to NEXSTAR MEDIA GROUP INC (NXST). This can be considered as Undervalued.
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 5 / 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.