$1.25

0.02 (1.63%)

1 Oct 2015
Buy
below
Hold
up to
Sell
above
Buy Hold Sell Meter
Locked Recommendation

Analysis

Overview

Current recommendation Preview
Business risk 0
Share price risk 0

General Information

Southern Cross Media Group Limited
SXL
http://www.southerncrossaustereo.com.au
Broadcasting
961
769

Current Price Data+

Current Price $1.250
Open $1.235
High $1.270
Low $1.235
Last Close $1.230
Volume 6766205
Price Movement $0.02 ( 1.63% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Stock Price

Current Broker Consensus Recommendation

Buy
26 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% 12.5 7.0 5.7% 100.0%
2016 F 74.5 9.8 9.5% 12.6 6.8 5.5% 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) $1,041M 0.4215 -0.5081 0.1412 4.7439 9.6449 8.4512 7.70% 9.63% 11.00%
Prime Media Group (PRT) $125M 0.1620 -0.3056 0.0162 3.4872 5.0222 4.9419 20.00% 10.97% 10.12%
Seven West Media (SWM) $1,606M 0.0334 -0.3225 -0.1214 5.3091 7.8366 8.9196 9.39% 6.20% 5.43%
Southern Cross Media (SXL) $946M -0.2090 0.1377 0.0069 13.7738 12.1063 12.0235 4.88% 5.54% 5.65%
Ten Network (TEN) $377M 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 1.13 12.40 1.01 1.77
Market 1.02 16.50 1.32 1.64
Sector 1.13 12.20 1.33 1.85

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
Ms Melanie Victoria Rose Willis Non-Executive Director 26 May 2016
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)
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