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%)
Taking everything into account, NXST scores 6 out of 10 in our fundamental rating. NXST was compared to 95 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 correctly, but it does not seem to be growing. 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.
Each year in the past 5 years NXST has 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 4.63% is fine compared to the rest of the industry. NXST outperforms 76.84% of its industry peers.
NXST has a Return On Equity of 22.79%. This is amongst the best in the industry. NXST outperforms 90.53% of its industry peers.
NXST has a Return On Invested Capital of 6.92%. This is in the better half of the industry: NXST outperforms 72.63% 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 8.51%.
| 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
NXST has a better Profit Margin (10.12%) than 81.05% of its industry peers.
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 93.68% of its industry peers.
In the last couple of years the Operating Margin of NXST has grown nicely.
With a decent Gross Margin value of 57.23%, NXST is doing good in the industry, outperforming 67.37% of the companies in the same industry.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so NXST is still creating some value.
NXST has less shares outstanding than it did 1 year ago.
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
NXST has an Altman-Z score of 1.67. This is a bad value and indicates that NXST is not financially healthy and even has some risk of bankruptcy.
NXST has a better Altman-Z score (1.67) than 64.21% of its industry peers.
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.
The Debt to FCF ratio of NXST (6.62) is better than 68.42% 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.
The Debt to Equity ratio of NXST (2.73) is worse than 74.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.73 | ||
| Debt/FCF | 6.62 | ||
| Altman-Z | 1.67 |
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.
NXST has a Current ratio of 1.87. This is in the better half of the industry: NXST outperforms 72.63% of its industry peers.
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 has a Quick ratio of 1.87. This is in the better half of the industry: NXST outperforms 73.68% of its industry peers.
| 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%.
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 decrease in Revenue. In the last year, the revenue decreased by -1.44%.
The Revenue has been growing by 12.21% on average over the past years. This is quite good.
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
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
The Price/Earnings ratio is 10.99, which indicates a very decent valuation of NXST.
Based on the Price/Earnings ratio, NXST is valued a bit cheaper than the industry average as 75.79% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of NXST to the average of the S&P500 Index (25.89), we can say NXST is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 6.98, the valuation of NXST can be described as very cheap.
78.95% of the companies in the same industry are more expensive than NXST, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, NXST is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.99 | ||
| Fwd PE | 6.98 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, NXST is valued a bit cheaper than the industry average as 77.89% of the companies are valued more expensively.
NXST's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. NXST is cheaper than 78.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.75 | ||
| EV/EBITDA | 6.26 |
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.
Compared to an average industry Dividend Yield of 4.47, NXST pays a better dividend. On top of this NXST pays more dividend than 87.37% 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 2.42.
| 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 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%
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)0.96%
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 | 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 | 6.26 |
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 | 1.67 |
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.