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1 Comment
Southern Cross Media Group Limited is currently in a long term uptrend where the price is trading 1.7% above its 200 day moving average.
From a valuation standpoint, the stock is 99.6% cheaper than other stocks from the Communication Services sector with a price to sales ratio of 0.9.
Southern Cross Media Group Limited's total revenue sank by 16.1% to $258M since the same quarter in the previous year.
Its net income has increased by 59.1% to $32M since the same quarter in the previous year.
Finally, its free cash flow grew by 351.7% to $38M since the same quarter in the previous year.
Based on the above factors, Southern Cross Media Group Limited gets an overall score of 4/5.
Exchange | AU |
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ISIN | AU000000SXL4 |
Sector | Communication Services |
Industry | Entertainment |
CurrencyCode | AUD |
Market Cap | 180M |
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PE Ratio | None |
Target Price | 0.744 |
Beta | 1.23 |
Dividend Yield | None |
Southern Cross Media Group Limited, together with its subsidiaries, creates audio content for distribution on broadcast and digital networks in Australia. It operates in three segments: Broadcast Radio, Digital Audio, and Television. The company owns 99 radio stations in FM, AM, and DAB+ radio, as well as 34 regional radio stations; broadcasts 93 free to air TV signals in regional Australia; operates LiSTNR, an audio destination for consumers housing radio, podcasts, music, and news; and offers sales representation for open audio platform SoundCloud and Sonos Radio. It also provides radio, digital, and television advertising services; and social media, live events, and digital platforms that deliver national and local entertainment, and news content. The company was formerly known as Macquarie Media Group. Southern Cross Media Group Limited was incorporated in 2005 and is based in South Melbourne, Australia.
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