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1 Comment
Nine Entertainment Co. Holdings Limited is currently in a long term uptrend where the price is trading 2.0% above its 200 day moving average.
From a valuation standpoint, the stock is 98.9% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 2.2.
Nine Entertainment Co. Holdings Limited's total revenue sank by 1.7% to $1B since the same quarter in the previous year.
Its net income has increased by 126.9% to $173M since the same quarter in the previous year.
Finally, its free cash flow grew by 3751.5% to $110M since the same quarter in the previous year.
Based on the above factors, Nine Entertainment Co. Holdings Limited gets an overall score of 4/5.
ISIN | AU000000NEC4 |
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Sector | Communication Services |
Industry | Entertainment |
CurrencyCode | AUD |
Exchange | AU |
Target Price | 2.61 |
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PE Ratio | 12.63 |
Beta | 1.05 |
Dividend Yield | 5.8% |
Market Cap | 3B |
Nine Entertainment Co. Holdings Limited engages in the broadcasting and program production businesses across free to air television, video on demand, and metropolitan radio networks in Australia. It operates through Broadcasting, Digital and Publishing, Domain Group, and Stan segments. The company provides television services under the brands, including 9Network, Channel 9, 9Gem, 9Go!, 9Life, and 9Rush; video on demand platform under 9Now brand; radio stations under 2GB, 3AW, 4BC, and 6PR brands; and publishes newspapers, news-inserted magazines, digital, and events, as well as nine.com.au, a site of news, lifestyle, sport, and entertainment content. It also offers mastheads under The Sydney Morning Herald, The Age, The Australian Financial Review, Brisbane Times, WAtoday, The Sun-Herald, and The Sunday Age brands. In addition, the company provides real estate media and technology services. Nine Entertainment Co. Holdings Limited was founded in 1956 and is headquartered in North Sydney, Australia.
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