NZME LIMITED |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.86 NZD | -2.27% |
|
-1.15% | -20.37% |
| Apr. 11 | Transcript : NZME Limited - Shareholder/Analyst Call | |
| Mar. 20 | NZME Sets Dividend FX Rate for Australian Shareholders | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 80.59 | 138.3 | 282.5 | 211.5 | 198.6 | 160.5 | - | - |
| Enterprise Value (EV) 1 | 155.3 | 172.1 | 269 | 229 | 198.6 | 213.9 | 207.6 | 198.8 |
| P/E ratio | -0.49 x | 9.76 x | - | - | 16.1 x | 9.32 x | 8.61 x | 7.37 x |
| Yield | - | - | 5.59% | 12.2% | - | 10.5% | 10.9% | 11% |
| Capitalization / Revenue | 0.22 x | 0.42 x | 0.81 x | 0.58 x | 0.57 x | 0.46 x | 0.45 x | 0.44 x |
| EV / Revenue | 0.42 x | 0.52 x | 0.77 x | 0.63 x | 0.57 x | 0.61 x | 0.58 x | 0.55 x |
| EV / EBITDA | 3.07 x | 3.25 x | 4.08 x | 3.54 x | 3.54 x | 3.64 x | 3.36 x | 3.09 x |
| EV / FCF | - | 3.4 x | 5.93 x | 8.54 x | - | 9.86 x | 8.95 x | 7.47 x |
| FCF Yield | - | 29.4% | 16.9% | 11.7% | - | 10.1% | 11.2% | 13.4% |
| Price to Book | 0.69 x | 1.05 x | - | - | - | 1.21 x | 1.22 x | 1.17 x |
| Nbr of stocks (in thousands) | 196,556 | 197,570 | 197,570 | 183,914 | 183,914 | 186,680 | - | - |
| Reference price 2 | 0.4100 | 0.7000 | 1.430 | 1.150 | 1.080 | 0.8600 | 0.8600 | 0.8600 |
| Announcement Date | 2/24/20 | 2/23/21 | 2/22/22 | 2/21/23 | 2/20/24 | - | - | - |
1NZD in Million2NZD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 371.7 | 331.2 | 349.2 | 364.6 | 346.6 | 352.5 | 357.5 | 363.6 |
| EBITDA 1 | 50.6 | 53 | 66 | 64.7 | 56.16 | 58.82 | 61.75 | 64.3 |
| EBIT 1 | 31.7 | 35.3 | 39.7 | 37.31 | 27.54 | 30.03 | 32.51 | 36.54 |
| Operating Margin | 8.53% | 10.66% | 11.37% | 10.23% | 7.95% | 8.52% | 9.09% | 10.05% |
| Earnings before Tax (EBT) 1 | -159.6 | 18.9 | 42.25 | 31.24 | 17.78 | 22.43 | 26.59 | 31.83 |
| Net income 1 | -164.7 | 14.2 | 34.64 | 23.38 | 12.79 | 16.65 | 19.19 | 22.79 |
| Net margin | -44.3% | 4.29% | 9.92% | 6.41% | 3.69% | 4.72% | 5.37% | 6.27% |
| EPS 2 | -0.8377 | 0.0717 | - | - | 0.0669 | 0.0922 | 0.0999 | 0.1167 |
| Free Cash Flow 1 | - | 50.58 | 45.34 | 26.8 | - | 21.7 | 23.2 | 26.6 |
| FCF margin | - | 15.27% | 12.98% | 7.35% | - | 6.16% | 6.49% | 7.32% |
| FCF Conversion (EBITDA) | - | 95.43% | 68.69% | 41.42% | - | 36.89% | 37.57% | 41.37% |
| FCF Conversion (Net income) | - | 356.19% | 130.86% | 114.63% | - | 130.32% | 120.91% | 116.71% |
| Dividend per Share 2 | - | - | 0.0800 | 0.1400 | - | 0.0900 | 0.0933 | 0.0950 |
| Announcement Date | 2/24/20 | 2/23/21 | 2/22/22 | 2/21/23 | 2/20/24 | - | - | - |
1NZD in Million2NZD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2023 S1 | 2023 S2 |
|---|---|---|
| Net sales 1 | - | 180.6 |
| EBITDA 1 | - | 34.86 |
| EBIT | - | - |
| Operating Margin | - | - |
| Earnings before Tax (EBT) | - | - |
| Net income | 2.455 | - |
| Net margin | - | - |
| EPS | 0.0128 | - |
| Dividend per Share | - | - |
| Announcement Date | 8/25/23 | 2/20/24 |
1NZD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 74.7 | 33.8 | - | 17.5 | - | 53.4 | 47 | 38.3 |
| Net Cash position 1 | - | - | 13.5 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.477 x | 0.6381 x | - | 0.2699 x | - | 0.9075 x | 0.7613 x | 0.5953 x |
| Free Cash Flow 1 | - | 50.6 | 45.3 | 26.8 | - | 21.7 | 23.2 | 26.6 |
| ROE (net income / shareholders' equity) | 9.81% | 11.5% | - | 15.8% | - | 14.1% | 15.9% | 18.1% |
| ROA (Net income/ Total Assets) | 4.82% | - | - | - | - | 10.9% | 12.5% | 14.7% |
| Assets 1 | -3,413 | - | - | - | - | 152.6 | 153.8 | 154.9 |
| Book Value Per Share 2 | 0.5900 | 0.6700 | - | - | - | 0.7100 | 0.7100 | 0.7300 |
| Cash Flow per Share 2 | 0.2400 | 0.2800 | - | - | - | -0.0600 | -0.0600 | -0.0300 |
| Capex 1 | 11.8 | 6.34 | 6.51 | 10.7 | - | 11 | 11.5 | 12.1 |
| Capex / Sales | 3.19% | 1.91% | 1.86% | 2.93% | - | 3.13% | 3.22% | 3.33% |
| Announcement Date | 2/24/20 | 2/23/21 | 2/22/22 | 2/21/23 | 2/20/24 | - | - | - |
1NZD in Million2NZD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
0.86
NZD
Average target price
1.2
NZD
Spread / Average Target
+39.53%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -20.37% | 95.21M | |
| +2.36% | 8.29B | |
| +9.50% | 6.43B | |
| +38.74% | 5.07B | |
| +14.98% | 3.56B | |
| +8.71% | 3B | |
| +21.44% | 3.06B | |
| -1.11% | 2.42B | |
| +7.85% | 1.71B | |
| +17.55% | 1.64B |
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- Financials NZME Limited
