Macquarie Media Limited (MRN) - Research

$1.740

MRN General Information +

ASX Code MRN
Website http://www.macquariemedia.com.au
GICS Sub-Industry Broadcasting
Market Cap ($M) 297
Current Price $1.740
Day High $0.000
Day Low $0.000
Last Close $1.740
Price Movement - ( No change )
Prices as at 16:40, 24 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

MRN Company Overview

Business Description

Macquarie Media Limited (MRN, formerly Macquarie Radio Network Limited) is engaged in radio and associated media activities in Australia. MRN consists of three business divisions: radio channels (2GB, 3AW, 4BC and 6PR) and media website.

MRN Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2018 A 21.43 12.50 17.20% 10.20 7.00 5.50% 100.0%
2017 A 18.29 10.70 20.00% 9.00 7.00 7.30% 100.0%
2016 A 15.24 8.90 0.00% 10.70 4.00 4.20% 100.0%

MRN Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2016 A 2017 A 2018 A 2016 A 2017 A 2018 A 2016 A 2017 A 2018 A
HT&E (HT1) $532M -0.1273 0.3140 0.0130 15.9130 12.1104 11.9551 42.36% 4.99% 6.70%
Macquarie Media (MRN) $298M 0.1721 0.0000 0.0000 13.8867 0.0000 0.0000 4.02% 0.00% 0.00%
Nine Entertainment Co. Holdings (NEC) $3,402M 2.9306 -0.4438 0.0967 8.0056 14.3939 13.1250 5.01% 5.01% 5.39%
Seven West Media (SWM) $724M -0.1409 -0.1178 0.0632 5.0473 5.7211 5.3812 0.00% 0.00% 4.17%
Southern Cross Media (SXL) $1,000M -0.0238 -0.2471 0.0764 9.5870 12.7326 11.8289 5.96% 5.96% 6.31%

MRN Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.50 13.90 1.63 0.00
Market 0.61 15.00 1.17 0.97
Sector 0.95 16.00 1.39 1.52

MRN Directors

Name Position Start Date
Mr Russell Tate Executive Chairman, Executive Director 21 Nov 2008
Ms Monique Anderson Non-Executive Director 4 Sep 2015
Mr James Morrison Millar Non-Executive Director 31 Mar 2015
Ms Louise McCann Non-Executive Director 10 Jun 2015

MRN Management

Name Position
Adam Lang Chief Executive Officer
Lisa Yang Company Secretary,Chief Financial Officer

MRN Substantial Shareholders

Holding Name
93,196,512 (54.50%) Fairfax Media Limited
55,356,705 (32.37%) John Singleton Promotions Pty Limited

MRN Calendar of Events

Date Event
14 February 2020 Report (Interim)
07 August 2019 Report (Annual)
07 August 2019 Report (Prelim)

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