Financials Nexstar Media Group, Inc.

Equities

NXST

US65336K1034

Broadcasting

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
158.9 USD -1.28% Intraday chart for Nexstar Media Group, Inc. -3.83% +1.38%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,410 4,809 6,174 6,600 5,319 5,312 - -
Enterprise Value (EV) 1 13,670 12,325 13,398 13,348 12,021 11,534 11,351 9,881
P/E ratio 24.4 x 6.29 x 7.95 x 7.24 x 16.3 x 6.39 x 9.58 x 5.2 x
Yield 1.54% 2.05% 1.85% - 3.44% 4.25% 4.67% 4.64%
Capitalization / Revenue 1.78 x 1.07 x 1.33 x 1.27 x 1.08 x 0.95 x 1.03 x 0.95 x
EV / Revenue 4.5 x 2.74 x 2.88 x 2.56 x 2.44 x 2.07 x 2.2 x 1.77 x
EV / EBITDA 15.2 x 6.32 x 7.06 x 6 x 8.18 x 5.4 x 6.8 x 4.69 x
EV / FCF 26.2 x 9.45 x 10.7 x 10.7 x 12 x 8.83 x 11.3 x 7.31 x
FCF Yield 3.81% 10.6% 9.34% 9.33% 8.32% 11.3% 8.84% 13.7%
Price to Book 2.73 x 1.95 x 2.16 x - 2.29 x 2.04 x 1.91 x -
Nbr of stocks (in thousands) 46,139 44,045 40,891 37,708 33,931 33,429 - -
Reference price 2 117.2 109.2 151.0 175.0 156.8 158.9 158.9 158.9
Announcement Date 2/26/20 2/23/21 2/22/22 2/28/23 2/28/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,039 4,501 4,648 5,211 4,933 5,575 5,152 5,568
EBITDA 1 898.1 1,951 1,897 2,223 1,469 2,134 1,670 2,107
EBIT 1 622.4 1,361 1,175 1,312 708 1,399 969.5 1,467
Operating Margin 20.48% 30.24% 25.29% 25.18% 14.35% 25.1% 18.82% 26.35%
Earnings before Tax (EBT) 1 373.3 1,105 1,093 1,217 401 1,038 619 1,124
Net income 1 230.3 811.4 834.6 971.1 346 814.6 503.9 875
Net margin 7.58% 18.03% 17.95% 18.64% 7.01% 14.61% 9.78% 15.72%
EPS 2 4.800 17.37 18.98 24.16 9.640 24.89 16.60 30.53
Free Cash Flow 1 520.9 1,305 1,251 1,246 1,000 1,306 1,004 1,351
FCF margin 17.14% 28.98% 26.92% 23.91% 20.27% 23.43% 19.49% 24.27%
FCF Conversion (EBITDA) 58% 66.86% 65.97% 56.04% 68.07% 61.2% 60.13% 64.12%
FCF Conversion (Net income) 226.22% 160.77% 149.93% 128.28% 289.02% 160.35% 199.22% 154.41%
Dividend per Share 2 1.800 2.240 2.800 - 5.400 6.758 7.417 7.381
Announcement Date 2/26/20 2/23/21 2/22/22 2/28/23 2/28/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,157 1,246 1,210 1,245 1,269 1,487 1,257 1,240 1,132 1,304 1,290 1,312 1,389 1,589 1,286
EBITDA 1 410.4 496.1 642.7 486.3 488.8 598.2 491 331 236 411 522.7 443.1 481.9 676.5 495.5
EBIT 1 277.4 324.8 329.4 333.4 355.3 294 204 179 94 230 255.8 267.7 334.8 515.9 219.8
Operating Margin 23.97% 26.07% 27.22% 26.78% 28% 19.78% 16.23% 14.44% 8.3% 17.64% 19.84% 20.4% 24.1% 32.46% 17.09%
Earnings before Tax (EBT) 1 235 328.9 303.9 298.1 369.4 245.7 130 110 14 147 163.9 176.2 239 419.3 120.8
Net income 1 169.6 264 251.6 227.5 288.7 203.3 111 96 25 115 133.1 148.4 188.2 328.2 100.2
Net margin 14.66% 21.19% 20.79% 18.27% 22.75% 13.67% 8.83% 7.74% 2.21% 8.82% 10.32% 11.31% 13.55% 20.65% 7.79%
EPS 2 3.900 6.190 5.990 5.560 7.300 5.300 2.970 2.640 0.7000 3.320 3.969 4.527 5.862 10.53 3.570
Dividend per Share 2 - - 0.9000 0.9000 0.9000 - 1.350 1.350 1.350 1.350 1.690 1.690 1.690 1.690 -
Announcement Date 11/2/21 2/22/22 5/10/22 8/4/22 11/8/22 2/28/23 5/9/23 8/8/23 11/8/23 2/28/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 8,261 7,515 7,224 6,747 6,702 6,222 6,039 4,569
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 9.197 x 3.852 x 3.809 x 3.036 x 4.562 x 2.915 x 3.617 x 2.169 x
Free Cash Flow 1 521 1,305 1,251 1,246 1,000 1,306 1,004 1,351
ROE (net income / shareholders' equity) 11.9% 35.7% 31.1% 34.5% 13.7% 45.2% 30.3% 24.5%
ROA (Net income/ Total Assets) 2.19% 5.92% 6.26% 7.49% 2.8% 10.8% 8.23% 5.6%
Assets 1 10,526 13,697 13,334 12,972 12,378 7,537 6,121 15,624
Book Value Per Share 2 43.00 56.10 69.90 - 68.40 78.10 83.30 -
Cash Flow per Share 2 8.710 26.80 27.60 34.90 27.90 33.10 27.80 -
Capex 1 198 217 151 157 149 142 143 144
Capex / Sales 6.5% 4.82% 3.24% 3.02% 3.02% 2.55% 2.78% 2.59%
Announcement Date 2/26/20 2/23/21 2/22/22 2/28/23 2/28/24 - - -
1USD in Million2USD
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+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
158.9 USD
Average target price
199.3 USD
Spread / Average Target
+25.42%
Consensus
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  4. Financials Nexstar Media Group, Inc.