Financials Southern Cross Media Group Limited

Equities

SXL

AU000000SXL4

Broadcasting

Market Closed - Australian S.E. 02:10:37 2024-05-17 am EDT 5-day change 1st Jan Change
0.855 AUD +1.18% Intraday chart for Southern Cross Media Group Limited -9.52% -14.07%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 961.3 462.4 552.2 259.5 207.5 205.1 - -
Enterprise Value (EV) 1 1,254 592.6 604 337 311.8 299.4 287.6 278.7
P/E ratio -10.5 x 9.89 x 11.5 x -1.71 x 11.3 x 14.4 x 9.4 x 8.03 x
Yield 6.2% - 2.39% 4.77% 7.86% 4.29% 6.6% 7.45%
Capitalization / Revenue 1.46 x 0.86 x 1.04 x 0.5 x 0.41 x 0.43 x 0.43 x 0.42 x
EV / Revenue 1.9 x 1.1 x 1.14 x 0.65 x 0.62 x 0.63 x 0.6 x 0.58 x
EV / EBITDA 8.51 x 5.48 x 4.8 x 3.94 x 4.26 x 4.71 x 4.05 x 3.79 x
EV / FCF 15.1 x 6.84 x 5.9 x 11.4 x 6.92 x 9.62 x 7.98 x 8.5 x
FCF Yield 6.61% 14.6% 16.9% 8.79% 14.5% 10.4% 12.5% 11.8%
Price to Book 2.21 x 0.79 x 0.86 x 0.57 x 0.52 x 0.47 x 0.46 x 0.46 x
Nbr of stocks (in thousands) 76,901 264,211 264,214 260,848 239,899 239,899 - -
Reference price 2 12.50 1.750 2.090 0.9950 0.8650 0.8550 0.8550 0.8550
Announcement Date 8/21/19 8/19/20 8/17/21 8/21/22 8/16/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 660.1 540.2 528.6 519.7 504.3 475 479.9 483.1
EBITDA 1 147.4 108.2 125.9 85.58 73.21 63.6 71.1 73.62
EBIT 1 116.7 71.64 93.17 53.73 44.05 41.18 50.04 54.94
Operating Margin 17.69% 13.26% 17.62% 10.34% 8.74% 8.67% 10.43% 11.37%
Earnings before Tax (EBT) 1 -129.5 38.29 71.28 -214.1 27.25 18.87 28.98 34.38
Net income 1 -91.4 25.1 48.1 -153.7 19.11 12.82 19.66 23.29
Net margin -13.85% 4.65% 9.1% -29.58% 3.79% 2.7% 4.1% 4.82%
EPS 2 -1.188 0.1770 0.1815 -0.5830 0.0763 0.0594 0.0910 0.1065
Free Cash Flow 1 82.84 86.7 102.3 29.64 45.08 31.11 36.04 32.8
FCF margin 12.55% 16.05% 19.36% 5.7% 8.94% 6.55% 7.51% 6.79%
FCF Conversion (EBITDA) 56.21% 80.11% 81.26% 34.63% 61.58% 48.91% 50.7% 44.56%
FCF Conversion (Net income) - 345.42% 212.78% - 235.94% 242.73% 183.35% 140.87%
Dividend per Share 2 0.7750 - 0.0500 0.0475 0.0680 0.0367 0.0564 0.0637
Announcement Date 8/21/19 8/19/20 8/17/21 8/21/22 8/16/23 - - -
1AUD in Million2AUD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2020 S1 2020 S2 2021 S1 2021 S2 2023 S1 2024 S1
Net sales - 232.1 258.5 270.2 258.8 -
EBITDA 1 - 40.73 75.33 - 43.1 31.08
EBIT - - - - 28.69 -
Operating Margin - - - - 11.09% -
Earnings before Tax (EBT) - - - - - -
Net income 20.42 - - - 14.65 -
Net margin - - - - 5.66% -
EPS 0.2700 - - - - -
Dividend per Share - - - - 0.0460 -
Announcement Date 2/19/20 8/19/20 2/24/21 8/17/21 2/15/23 -
1AUD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 293 130 51.8 77.5 104 94.3 82.5 73.6
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.985 x 1.204 x 0.4114 x 0.9054 x 1.424 x 1.483 x 1.16 x 0.9995 x
Free Cash Flow 1 82.8 86.7 102 29.6 45.1 31.1 36 32.8
ROE (net income / shareholders' equity) 14.4% 6.69% 7.82% 5.18% 4.89% 3.79% 5.13% 5.71%
ROA (Net income/ Total Assets) 5.48% 2.48% 3.35% 2.67% 2.08% 1.63% 2.17% 2.73%
Assets 1 -1,667 1,012 1,437 -5,768 917.3 784.7 907.3 852
Book Value Per Share 2 5.650 2.230 2.430 1.740 1.670 1.820 1.850 1.870
Cash Flow per Share 2 - 0.7300 0.3900 0.5500 0.2300 0.1800 0.1900 0.2000
Capex 1 28.3 16.7 13.8 24.6 11.7 13.7 11.9 16.5
Capex / Sales 4.29% 3.09% 2.61% 4.73% 2.33% 2.89% 2.48% 3.41%
Announcement Date 8/21/19 8/19/20 8/17/21 8/21/22 8/16/23 - - -
1AUD in Million2AUD
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
B
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
7
Last Close Price
0.855 AUD
Average target price
0.9929 AUD
Spread / Average Target
+16.12%
Consensus

Quarterly revenue - Rate of surprise

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