Logo image of NXST

NEXSTAR MEDIA GROUP INC (NXST) Stock Fundamental Analysis

NASDAQ:NXST - Nasdaq - US65336K1034 - Common Stock - Currency: USD

171.46  +0.73 (+0.43%)

After market: 171.46 0 (0%)

Fundamental Rating

7

We assign a fundamental rating of 7 out of 10 to NXST. NXST was compared to 96 industry peers in the Media industry. While NXST has a great profitability rating, there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on NXST. Finally NXST also has an excellent dividend rating. With these ratings, NXST could be worth investigating further for value and dividend investing!.


Dividend Valuation Growth Profitability Health

9

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.
Each year in the past 5 years NXST has been profitable.
Each year in the past 5 years NXST had a positive operating cash flow.
NXST Yearly Net Income VS EBIT VS OCF VS FCFNXST Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -2B -4B

1.2 Ratios

NXST's Return On Assets of 6.30% is amongst the best of the industry. NXST outperforms 87.50% of its industry peers.
The Return On Equity of NXST (31.99%) is better than 94.79% of its industry peers.
With an excellent Return On Invested Capital value of 8.37%, NXST belongs to the best of the industry, outperforming 82.29% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for NXST is in line with the industry average of 6.73%.
The 3 year average ROIC (7.17%) for NXST is below the current ROIC(8.37%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 6.3%
ROE 31.99%
ROIC 8.37%
ROA(3y)5.61%
ROA(5y)5.83%
ROE(3y)27.49%
ROE(5y)28.8%
ROIC(3y)7.17%
ROIC(5y)7.11%
NXST Yearly ROA, ROE, ROICNXST Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

1.3 Margins

Looking at the Profit Margin, with a value of 13.36%, NXST belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
NXST's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 23.88%, NXST belongs to the top of the industry, outperforming 94.79% of the companies in the same industry.
NXST's Operating Margin has improved in the last couple of years.
The Gross Margin of NXST (59.43%) is better than 73.96% of its industry peers.
NXST's Gross Margin has been stable in the last couple of years.
Industry RankSector Rank
OM 23.88%
PM (TTM) 13.36%
GM 59.43%
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%
NXST Yearly Profit, Operating, Gross MarginsNXST Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

5

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.
Compared to 1 year ago, NXST has less shares outstanding
The number of shares outstanding for NXST has been reduced compared to 5 years ago.
The debt/assets ratio for NXST is higher compared to a year ago.
NXST Yearly Shares OutstandingNXST Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
NXST Yearly Total Debt VS Total AssetsNXST Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B

2.2 Solvency

Based on the Altman-Z score of 1.69, we must say that NXST is in the distress zone and has some risk of bankruptcy.
NXST has a better Altman-Z score (1.69) than 63.54% of its industry peers.
The Debt to FCF ratio of NXST is 5.90, which is a neutral value as it means it would take NXST, 5.90 years of fcf income to pay off all of its debts.
NXST's Debt to FCF ratio of 5.90 is fine compared to the rest of the industry. NXST outperforms 68.75% of its industry peers.
NXST has a Debt/Equity ratio of 2.84. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.84, NXST is not doing good in the industry: 71.88% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 2.84
Debt/FCF 5.9
Altman-Z 1.69
ROIC/WACC1.14
WACC7.33%
NXST Yearly LT Debt VS Equity VS FCFNXST Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5B -5B

2.3 Liquidity

NXST has a Current Ratio of 1.66. This is a normal value and indicates that NXST is financially healthy and should not expect problems in meeting its short term obligations.
NXST's Current ratio of 1.66 is fine compared to the rest of the industry. NXST outperforms 65.63% of its industry peers.
NXST has a Quick Ratio of 1.66. This is a normal value and indicates that NXST is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of NXST (1.66) is better than 67.71% of its industry peers.
Industry RankSector Rank
Current Ratio 1.66
Quick Ratio 1.66
NXST Yearly Current Assets VS Current LiabilitesNXST Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

5

3. Growth

3.1 Past

NXST shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 67.01%, which is quite impressive.
Measured over the past years, NXST shows a very strong growth in Earnings Per Share. The EPS has been growing by 39.47% on average per year.
Looking at the last year, NXST shows a quite strong growth in Revenue. The Revenue has grown by 9.61% in the last year.
The Revenue has been growing by 12.21% on average over the past years. This is quite good.
EPS 1Y (TTM)67.01%
EPS 3Y4.27%
EPS 5Y39.47%
EPS Q2Q%-34.69%
Revenue 1Y (TTM)9.61%
Revenue growth 3Y5.17%
Revenue growth 5Y12.21%
Sales Q2Q%-3.89%

3.2 Future

NXST is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.12% yearly.
Based on estimates for the next years, NXST will show a decrease in Revenue. The Revenue will decrease by -3.81% on average per year.
EPS Next Y-35.94%
EPS Next 2Y11.02%
EPS Next 3Y-5.25%
EPS Next 5Y2.12%
Revenue Next Year-8.54%
Revenue Next 2Y0.36%
Revenue Next 3Y-2.13%
Revenue Next 5Y-3.81%

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.
NXST Yearly Revenue VS EstimatesNXST Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 1B 2B 3B 4B 5B
NXST Yearly EPS VS EstimatesNXST Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2016 2018 2020 2022 2024 2026 2028 2030 2032 10 20 30

8

4. Valuation

4.1 Price/Earnings Ratio

Based on the Price/Earnings ratio of 8.69, the valuation of NXST can be described as reasonable.
83.33% of the companies in the same industry are more expensive than NXST, based on the Price/Earnings ratio.
NXST is valuated cheaply when we compare the Price/Earnings ratio to 25.91, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 6.46, which indicates a rather cheap valuation of NXST.
NXST's Price/Forward Earnings ratio is rather cheap when compared to the industry. NXST is cheaper than 84.38% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.85. NXST is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 8.69
Fwd PE 6.46
NXST Price Earnings VS Forward Price EarningsNXST Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NXST indicates a rather cheap valuation: NXST is cheaper than 83.33% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, NXST is valued cheaper than 88.54% of the companies in the same industry.
Industry RankSector Rank
P/FCF 4.73
EV/EBITDA 5.53
NXST Per share dataNXST EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 100 -100

4.3 Compensation for Growth

NXST has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as NXST's earnings are expected to decrease with -5.25% in the coming years.
PEG (NY)N/A
PEG (5Y)0.22
EPS Next 2Y11.02%
EPS Next 3Y-5.25%

8

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 4.23%, NXST is a good candidate for dividend investing.
NXST's Dividend Yield is rather good when compared to the industry average which is at 4.91. NXST pays more dividend than 86.46% of the companies in the same industry.
NXST's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
Industry RankSector Rank
Dividend Yield 4.23%

5.2 History

On average, the dividend of NXST grows each year by 30.53%, which is quite nice.
NXST has paid a dividend for at least 10 years, which is 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
NXST Yearly Dividends per shareNXST Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2 4 6

5.3 Sustainability

30.33% of the earnings are spent on dividend by NXST. This is a low number and sustainable payout ratio.
NXST's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP30.33%
EPS Next 2Y11.02%
EPS Next 3Y-5.25%
NXST Yearly Income VS Free CF VS DividendNXST Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -2B -4B
NXST Dividend Payout.NXST Dividend Payout, showing the Payout Ratio.NXST Dividend Payout.PayoutRetained Earnings

NEXSTAR MEDIA GROUP INC

NASDAQ:NXST (5/22/2025, 8:00:02 PM)

After market: 171.46 0 (0%)

171.46

+0.73 (+0.43%)

Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)05-08 2025-05-08/bmo
Earnings (Next)08-07 2025-08-07/bmo
Inst Owners97.07%
Inst Owner Change0.43%
Ins Owners6.03%
Ins Owner Change6.67%
Market Cap5.23B
Analysts81.25
Price Target204.32 (19.16%)
Short Float %7.28%
Short Ratio3.35
Dividend
Industry RankSector Rank
Dividend Yield 4.23%
Yearly Dividend6.82
Dividend Growth(5Y)30.53%
DP30.33%
Div Incr Years11
Div Non Decr Years11
Ex-Date05-19 2025-05-19 (1.86)
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-6.27%
Min EPS beat(2)-8%
Max EPS beat(2)-4.54%
EPS beat(4)1
Avg EPS beat(4)-0.46%
Min EPS beat(4)-16.76%
Max EPS beat(4)27.46%
EPS beat(8)3
Avg EPS beat(8)-6.02%
EPS beat(12)6
Avg EPS beat(12)-2.1%
EPS beat(16)10
Avg EPS beat(16)2.49%
Revenue beat(2)0
Avg Revenue beat(2)-2.06%
Min Revenue beat(2)-2.11%
Max Revenue beat(2)-2.01%
Revenue beat(4)0
Avg Revenue beat(4)-2.64%
Min Revenue beat(4)-4.08%
Max Revenue beat(4)-2.01%
Revenue beat(8)0
Avg Revenue beat(8)-2.5%
Revenue beat(12)1
Avg Revenue beat(12)-2.26%
Revenue beat(16)2
Avg Revenue beat(16)-1.88%
PT rev (1m)-0.79%
PT rev (3m)1.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-9.26%
EPS NY rev (1m)-7.07%
EPS NY rev (3m)-7.15%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.03%
Revenue NY rev (1m)-0.49%
Revenue NY rev (3m)-1.44%
Valuation
Industry RankSector Rank
PE 8.69
Fwd PE 6.46
P/S 0.97
P/FCF 4.73
P/OCF 4.18
P/B 2.32
P/tB N/A
EV/EBITDA 5.53
EPS(TTM)19.74
EY11.51%
EPS(NY)26.54
Fwd EY15.48%
FCF(TTM)36.22
FCFY21.12%
OCF(TTM)40.97
OCFY23.89%
SpS177.19
BVpS73.98
TBVpS-178.33
PEG (NY)N/A
PEG (5Y)0.22
Profitability
Industry RankSector Rank
ROA 6.3%
ROE 31.99%
ROCE 12.08%
ROIC 8.37%
ROICexc 8.48%
ROICexgc 31.46%
OM 23.88%
PM (TTM) 13.36%
GM 59.43%
FCFM 20.44%
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%
ROICexcg growth 3Y11.09%
ROICexcg 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 RankSector Rank
Debt/Equity 2.84
Debt/FCF 5.9
Debt/EBITDA 3.05
Cap/Depr 17.95%
Cap/Sales 2.68%
Interest Coverage 3
Cash Conversion 59.55%
Profit Quality 153.05%
Current Ratio 1.66
Quick Ratio 1.66
Altman-Z 1.69
F-Score8
WACC7.33%
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)67.01%
EPS 3Y4.27%
EPS 5Y39.47%
EPS Q2Q%-34.69%
EPS Next Y-35.94%
EPS Next 2Y11.02%
EPS Next 3Y-5.25%
EPS Next 5Y2.12%
Revenue 1Y (TTM)9.61%
Revenue growth 3Y5.17%
Revenue growth 5Y12.21%
Sales Q2Q%-3.89%
Revenue Next Year-8.54%
Revenue Next 2Y0.36%
Revenue Next 3Y-2.13%
Revenue Next 5Y-3.81%
EBIT growth 1Y73.76%
EBIT growth 3Y2.62%
EBIT growth 5Y15.73%
EBIT Next Year15.95%
EBIT Next 3Y5.86%
EBIT Next 5Y12.32%
FCF growth 1Y36.08%
FCF growth 3Y6.08%
FCF growth 5YN/A
OCF growth 1Y25.13%
OCF growth 3Y0.96%
OCF growth 5Y24.52%