NEXSTAR MEDIA GROUP INC (NXST) Stock Fundamental Analysis
USA - NASDAQ:NXST - US65336K1034 - Common Stock
190.65 USD
+1.35 (+0.71%)
190.65 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. NXST scores excellent on profitability, but there are some minor concerns on its financial health. NXST is cheap, but on the other hand it scores bad on growth. 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.
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 5.53% is amongst the best of the industry. NXST outperforms 80.21% of its industry peers.
The Return On Equity of NXST (27.75%) is better than 93.75% of its industry peers.
NXST's Return On Invested Capital of 7.97% is amongst the best of the industry. NXST outperforms 86.46% of its industry peers.
The Average Return On Invested Capital over the past 3 years for NXST is in line with the industry average of 8.55%.
The 3 year average ROIC (7.17%) for NXST is below the current ROIC(7.97%), indicating increased profibility in the last year.
| 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
The Profit Margin of NXST (11.78%) is better than 83.33% of its industry peers.
In the last couple of years the Profit Margin of NXST has grown nicely.
NXST's Operating Margin of 22.74% is amongst the best of the industry. NXST outperforms 96.88% 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 70.83% 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.
The number of shares outstanding for NXST has been reduced compared to 1 year ago.
Compared to 5 years ago, NXST has less shares outstanding
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.
Looking at the Altman-Z score, with a value of 1.73, NXST is in the better half of the industry, outperforming 67.71% of the companies in the same industry.
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.
The Debt to FCF ratio of NXST (5.18) is better than 75.00% 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 73.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.78 | ||
| Debt/FCF | 5.18 | ||
| Altman-Z | 1.73 |
ROIC/WACC1.14
WACC6.98%
2.3 Liquidity
A Current Ratio of 1.69 indicates that NXST should not have too much problems paying its short term obligations.
The Current ratio of NXST (1.69) is better than 68.75% of its industry peers.
NXST has a Quick 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.
NXST has a Quick ratio of 1.69. This is in the better half of the industry: NXST outperforms 69.79% 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 for NXST have decreased by -4.11% in the last year.
NXST shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 39.47% yearly.
The Revenue has grown by 9.61% in the past year. This is quite good.
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)9.61%
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 -0.04% on average per year.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
A Price/Earnings ratio of 11.50 indicates a reasonable valuation of NXST.
Compared to the rest of the industry, the Price/Earnings ratio of NXST indicates a somewhat cheap valuation: NXST is cheaper than 77.08% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of NXST to the average of the S&P500 Index (26.06), we can say NXST is valued rather cheaply.
A Price/Forward Earnings ratio of 7.31 indicates a rather cheap valuation of NXST.
Based on the Price/Forward Earnings ratio, NXST is valued a bit cheaper than 78.13% of the companies in the same industry.
NXST's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 32.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.5 | ||
| Fwd PE | 7.31 |
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 79.17% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, NXST is valued cheaply inside the industry as 84.38% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.69 | ||
| EV/EBITDA | 5.9 |
4.3 Compensation for Growth
The excellent profitability rating of NXST may justify a higher PE ratio.
A cheap valuation may be justified as NXST's earnings are expected to decrease with -5.51% in the coming years.
PEG (NY)N/A
PEG (5Y)0.29
EPS Next 2Y10.09%
EPS Next 3Y-5.51%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.93%, NXST has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.40, NXST pays a better dividend. On top of this NXST pays more dividend than 86.46% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.37, NXST pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.93% |
5.2 History
The dividend of NXST is nicely growing with an annual growth rate of 30.53%!
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
35.14% of the earnings are spent on dividend by NXST. This is a low number and sustainable payout ratio.
DP35.14%
EPS Next 2Y10.09%
EPS Next 3Y-5.51%
190.65
+1.35 (+0.71%)
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 Cap5.78B
Revenue(TTM)5.41B
Net Income(TTM)626.00M
Analysts81.33
Price Target235.98 (23.78%)
Short Float %7.1%
Short Ratio6.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.93% |
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%
PT rev (3m)15.71%
EPS NQ rev (1m)0.6%
EPS NQ rev (3m)-5.26%
EPS NY rev (1m)0%
EPS NY rev (3m)3.88%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)-1.76%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.5 | ||
| Fwd PE | 7.31 | ||
| P/S | 1.09 | ||
| P/FCF | 4.69 | ||
| P/OCF | 4.18 | ||
| P/B | 2.56 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.9 |
EPS(TTM)16.58
EY8.7%
EPS(NY)26.09
Fwd EY13.69%
FCF(TTM)40.63
FCFY21.31%
OCF(TTM)45.58
OCFY23.91%
SpS175.33
BVpS74.41
TBVpS-176.38
PEG (NY)N/A
PEG (5Y)0.29
Graham Number166.61
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 | 1.73 |
F-Score8
WACC6.98%
ROIC/WACC1.14
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)9.61%
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 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.