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NEXSTAR MEDIA GROUP INC (NXST) Stock Fundamental Analysis

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

185.3  +0.78 (+0.42%)

Fundamental Rating

7

We assign a fundamental rating of 7 out of 10 to NXST. NXST was compared to 98 industry peers in the Media industry. While NXST has a great profitability rating, there are some minor concerns on its financial health. NXST may be a bit undervalued, certainly considering the very reasonable score on growth 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

In the past year NXST was profitable.
NXST had a positive operating cash flow in the past year.
NXST had positive earnings in each of the past 5 years.
NXST had a positive operating cash flow in each of the past 5 years.
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 5.70% is amongst the best of the industry. NXST outperforms 85.71% of its industry peers.
NXST has a Return On Equity of 28.97%. This is amongst the best in the industry. NXST outperforms 92.86% of its industry peers.
NXST has a better Return On Invested Capital (8.07%) than 82.65% 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 7.42%.
The 3 year average ROIC (7.17%) for NXST is below the current ROIC(8.07%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 5.7%
ROE 28.97%
ROIC 8.07%
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

NXST's Profit Margin of 12.15% is amongst the best of the industry. NXST outperforms 87.76% of its industry peers.
NXST's Profit Margin has improved in the last couple of years.
The Operating Margin of NXST (23.08%) is better than 92.86% of its industry peers.
NXST's Operating Margin has improved in the last couple of years.
NXST has a Gross Margin of 59.00%. This is in the better half of the industry: NXST outperforms 72.45% of its industry peers.
In the last couple of years the Gross Margin of NXST has remained more or less at the same level.
Industry RankSector Rank
OM 23.08%
PM (TTM) 12.15%
GM 59%
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

With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), NXST is 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.
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 1.71, we must say that NXST is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of NXST (1.71) is better than 64.29% of its industry peers.
NXST has a debt to FCF ratio of 5.63. This is a neutral value as NXST would need 5.63 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 5.63, NXST is doing good in the industry, outperforming 71.43% of the companies in the same industry.
NXST has a Debt/Equity ratio of 2.84. This is a high value indicating a heavy dependency on external financing.
NXST's Debt to Equity ratio of 2.84 is on the low side compared to the rest of the industry. NXST is outperformed by 77.55% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.84
Debt/FCF 5.63
Altman-Z 1.71
ROIC/WACC1.24
WACC6.52%
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 1.74. 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 1.74 is fine compared to the rest of the industry. NXST outperforms 66.33% of its industry peers.
NXST has a Quick Ratio of 1.74. 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 Quick ratio of 1.74 is fine compared to the rest of the industry. NXST outperforms 66.33% of its industry peers.
Industry RankSector Rank
Current Ratio 1.74
Quick Ratio 1.74
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 51.42%, which is quite impressive.
NXST shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 39.47% yearly.
Looking at the last year, NXST shows a quite strong growth in Revenue. The Revenue has grown by 9.61% in the last year.
Measured over the past years, NXST shows a quite strong growth in Revenue. The Revenue has been growing by 12.21% on average per year.
EPS 1Y (TTM)51.42%
EPS 3Y4.27%
EPS 5Y39.47%
EPS Q2Q%-13.56%
Revenue 1Y (TTM)9.61%
Revenue growth 3Y5.17%
Revenue growth 5Y12.21%
Sales Q2Q%-3.15%

3.2 Future

NXST is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 0.47% yearly.
The Revenue is expected to decrease by -3.56% on average over the next years.
EPS Next Y-37.6%
EPS Next 2Y11.55%
EPS Next 3Y-4%
EPS Next 5Y0.47%
Revenue Next Year-8.94%
Revenue Next 2Y0.14%
Revenue Next 3Y-2.04%
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.
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

With a Price/Earnings ratio of 9.62, the valuation of NXST can be described as very reasonable.
Based on the Price/Earnings ratio, NXST is valued a bit cheaper than 77.55% of the companies in the same industry.
When comparing the Price/Earnings ratio of NXST to the average of the S&P500 Index (26.54), we can say NXST is valued rather cheaply.
With a Price/Forward Earnings ratio of 6.92, the valuation of NXST can be described as very cheap.
Based on the Price/Forward Earnings ratio, NXST is valued cheaply inside the industry as 81.63% of the companies are valued more expensively.
NXST is valuated cheaply when we compare the Price/Forward Earnings ratio to 35.28, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 9.62
Fwd PE 6.92
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 80.61% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, NXST is valued cheaper than 88.78% of the companies in the same industry.
Industry RankSector Rank
P/FCF 4.85
EV/EBITDA 5.73
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 -4.00% in the coming years.
PEG (NY)N/A
PEG (5Y)0.24
EPS Next 2Y11.55%
EPS Next 3Y-4%

8

5. Dividend

5.1 Amount

NXST has a Yearly Dividend Yield of 3.98%. Purely for dividend investing, there may be better candidates out there.
NXST's Dividend Yield is rather good when compared to the industry average which is at 4.87. NXST pays more dividend than 85.71% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, NXST pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.98%

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
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

NXST pays out 33.64% of its income as dividend. This is a sustainable payout ratio.
The dividend of NXST is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP33.64%
EPS Next 2Y11.55%
EPS Next 3Y-4%
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 (8/8/2025, 11:23:29 AM)

185.3

+0.78 (+0.42%)

Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)08-07 2025-08-07/bmo
Earnings (Next)11-06 2025-11-06/bmo
Inst Owners100.12%
Inst Owner Change-3.32%
Ins Owners6.62%
Ins Owner Change9.8%
Market Cap5.59B
Analysts81.33
Price Target203.95 (10.06%)
Short Float %6.12%
Short Ratio5.82
Dividend
Industry RankSector Rank
Dividend Yield 3.98%
Yearly Dividend6.82
Dividend Growth(5Y)30.53%
DP33.64%
Div Incr Years11
Div Non Decr Years11
Ex-Date08-15 2025-08-15 (1.86)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.98%
Min EPS beat(2)-8%
Max EPS beat(2)2.04%
EPS beat(4)1
Avg EPS beat(4)-6.81%
Min EPS beat(4)-16.76%
Max EPS beat(4)2.04%
EPS beat(8)3
Avg EPS beat(8)-6.9%
EPS beat(12)6
Avg EPS beat(12)-3.6%
EPS beat(16)10
Avg EPS beat(16)1.11%
Revenue beat(2)0
Avg Revenue beat(2)-1.85%
Min Revenue beat(2)-2.11%
Max Revenue beat(2)-1.59%
Revenue beat(4)0
Avg Revenue beat(4)-2.45%
Min Revenue beat(4)-4.08%
Max Revenue beat(4)-1.59%
Revenue beat(8)0
Avg Revenue beat(8)-2.64%
Revenue beat(12)0
Avg Revenue beat(12)-2.39%
Revenue beat(16)1
Avg Revenue beat(16)-2.01%
PT rev (1m)0.02%
PT rev (3m)-0.97%
EPS NQ rev (1m)-3.94%
EPS NQ rev (3m)-5%
EPS NY rev (1m)-2.18%
EPS NY rev (3m)-9.49%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.59%
Revenue NY rev (1m)-0.14%
Revenue NY rev (3m)-0.93%
Valuation
Industry RankSector Rank
PE 9.62
Fwd PE 6.92
P/S 1.04
P/FCF 4.85
P/OCF 4.26
P/B 2.49
P/tB N/A
EV/EBITDA 5.73
EPS(TTM)19.26
EY10.39%
EPS(NY)26.79
Fwd EY14.46%
FCF(TTM)38.24
FCFY20.64%
OCF(TTM)43.48
OCFY23.47%
SpS177.65
BVpS74.53
TBVpS-179.24
PEG (NY)N/A
PEG (5Y)0.24
Profitability
Industry RankSector Rank
ROA 5.7%
ROE 28.97%
ROCE 11.65%
ROIC 8.07%
ROICexc 8.27%
ROICexgc 31.65%
OM 23.08%
PM (TTM) 12.15%
GM 59%
FCFM 21.53%
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 5.63
Debt/EBITDA 3.09
Cap/Depr 19.2%
Cap/Sales 2.95%
Interest Coverage 2.96
Cash Conversion 63.67%
Profit Quality 177.11%
Current Ratio 1.74
Quick Ratio 1.74
Altman-Z 1.71
F-Score8
WACC6.52%
ROIC/WACC1.24
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)51.42%
EPS 3Y4.27%
EPS 5Y39.47%
EPS Q2Q%-13.56%
EPS Next Y-37.6%
EPS Next 2Y11.55%
EPS Next 3Y-4%
EPS Next 5Y0.47%
Revenue 1Y (TTM)9.61%
Revenue growth 3Y5.17%
Revenue growth 5Y12.21%
Sales Q2Q%-3.15%
Revenue Next Year-8.94%
Revenue Next 2Y0.14%
Revenue Next 3Y-2.04%
Revenue Next 5Y-3.56%
EBIT growth 1Y51.84%
EBIT growth 3Y2.62%
EBIT growth 5Y15.73%
EBIT Next Year13.56%
EBIT Next 3Y5.86%
EBIT Next 5Y12.13%
FCF growth 1Y-5%
FCF growth 3Y6.08%
FCF growth 5YN/A
OCF growth 1Y-4.87%
OCF growth 3Y0.96%
OCF growth 5Y24.52%