Macquarie Media Limited (MRN) - Research

$1.445 0.005 (0.34%)

MRN General Information +

ASX Code MRN
Website http://www.macquariemedia.com.au
GICS Sub-Industry Broadcasting
Market Cap ($M) 247
Current Price $1.445
Day High $1.445
Day Low $1.445
Last Close $1.450
Price Movement $0.00 ( 0.34% )
Prices as at 16:40, 17 Sep 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 (%)
2019 A 16.98 9.90 -20.80% 18.40 5.00 2.70% 100.0%
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%

MRN Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2017 A 2018 A 2019 A 2017 A 2018 A 2019 A 2017 A 2018 A 2019 A
HT&E (HT1) $546M -0.1273 0.2713 0.0336 16.3396 12.8523 12.4351 41.25% 5.43% 6.42%
Macquarie Media (MRN) $247M -0.2083 0.0000 0.0000 14.5665 0.0000 0.0000 3.46% 0.00% 0.00%
Nine Entertainment Co. Holdings (NEC) $3,496M -0.0991 -0.4165 0.0817 9.1314 15.6489 14.4672 4.88% 4.88% 5.49%
Seven West Media (SWM) $671M 0.0158 -0.2371 -0.0081 4.6066 6.0380 6.0876 0.00% 0.00% 2.25%
Southern Cross Media (SXL) $1,000M -0.2913 0.1342 0.0385 13.5276 11.9266 11.4841 5.96% 6.31% 6.46%

MRN Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.49 14.60 1.42 0.00
Market 0.61 17.70 1.24 1.38
Sector 0.97 14.60 1.59 1.86

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
Alessandra Steele General Counsel,Company Secretary

MRN Substantial Shareholders

Holding Name
93,196,512 (54.44%) Fairfax Media Limited
55,356,705 (32.33%) John Singleton Promotions Pty Limited

MRN Calendar of Events

Date Event
06 August 2020 Report (Prelim)
05 August 2020 Report (Annual)
05 August 2020 Report (Prelim)
14 February 2020 Report (Interim)
07 November 2019 AGM

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