$1.18

0.04 (3.51%)

Buy
below
Hold
up to
Sell
above
Buy Hold Sell Meter
Locked Recommendation

Analysis

Overview

Current recommendation
Business risk 0
Share price risk 0

General Information

Southern Cross Media Group Limited
SXL
http://www.southerncrossaustereo.com.au
Broadcasting
876
769

Current Price Data+

Current Price $1.180
Open $1.120
High $1.180
Low $1.117
Last Close $1.140
Volume 2342386
Price Movement $0.04 ( 3.51% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Stock Price

Current Broker Consensus Recommendation

Buy
3 May 2016
2

Company Overview

Business Description

Southern Cross Media Group Limited (SXL) is a media provider which owns and engages in the broadcasting of content on free to air commercial radio (FM and digital), TV and online media platforms across Australia.

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2017 F 75.5 9.8 0.4% 11.6 7.0 6.1% 100.0%
2016 F 74.5 9.8 9.5% 11.7 6.8 6.0% 100.0%
2015 A 64.8 8.9 -21.0% 11.7 6.0 5.7% 100.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2015 A 2016 F 2017 F 2015 A 2016 F 2017 F 2015 A 2016 F 2017 F
Nine Entertainment Co. Holdings (NEC) $1,045M 0.4215 -0.5129 0.1972 4.7439 9.7392 8.1348 7.70% 9.57% 11.41%
Prime Media Group (PRT) $99M 0.1620 -0.3672 0.0746 2.7692 4.3760 4.0724 25.19% 12.56% 12.26%
Seven West Media (SWM) $1,719M 0.0334 -0.3315 -0.0850 5.6830 8.5011 9.2910 8.77% 5.71% 5.22%
Southern Cross Media (SXL) $899M -0.2090 0.1041 0.0254 13.1019 11.8661 11.5727 5.13% 5.67% 5.87%
Ten Network (TEN) $357M 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.09 11.70 0.92 1.83
Market 1.04 16.30 1.29 1.53
Sector 1.09 12.60 1.53 1.77

Directors

Name Position Start Date
Mr Grant Blackley Chief Executive Officer, Managing Director 29 Jun 2015
Mr Peter Hallam Bush Non-Executive Chairman, Non-Executive Director 25 Feb 2015
Mr Leon Pasternak Non-Executive Deputy Chairman 26 Sep 2005
Mr Peter Mervyn Harvie Non-Executive Director 1 Aug 2011
Ms Kathryn(Kathy) Joy Gramp Non-Executive Director 1 Sep 2014
Mr Robert (Rob) Andrew Murray Non-Executive Director 1 Sep 2014
Mr Christopher (Chris) de Boer Non-Executive Director 20 Sep 2005
Mr Glen Francis Boreham Non-Executive Director 1 Sep 2014
Mrs Helen Elizabeth Craig Nash Non-Executive Director 23 Apr 2015

Management

Name Position
Nick McKechnie Chief Financial Officer
Tony Hudson Company Secretary
Vijay Solanki Director of Digital and Innovation
Guy Dobson Executive Director - Metro Operations
Rick Lenarcic Executive Director - Regional Operations
Andrea Ingham National Sales Director

Substantial Shareholders

Holding Name
196,094,086 (26.02%) Macquarie Group Limited
131,103,243 (17.40%) Allan Gray Australia Pty Ltd
44,017,500 (5.84%) Commonwealth Bank of Australia and its related bodies corporate
35,293,487 (4.68%) Dimensional Entities

Calendar of Events

Date Event
20 February 2017 Report (Interim)
23 September 2016 Report (Annual)
25 August 2016 Report (Prelim)
06 May 2016 Div Pay Date
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