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Nine Entertainment Co. Holdings Ltd NEC Stock Quote

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XASX:NEC

Morningstar‘s Stock Analysis NEC

Valuation
Currency in AUD
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

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Capital Allocation

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Compelling Value in Nine Shares for Those Willing to Look Past Near-Term Scares

Brian Han Director

Analyst Note

| Brian Han |

Shares in Nine Entertainment are almost 40% below our unchanged AUD 3.20 fair value estimate.

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Key Statistics NEC

Company Profile NEC

Business Description

Nine Entertainment operates Nine Network, a free-to-air TV network spread across five capital cities, as well as in regional Northern New South Wales and Darwin. It also owns Australia's third-largest portfolio of online digital properties, one that reaches more than 60% of the country's active online audience. The merger with Fairfax combines Nine's top-ranked TV network and the second-largest newspaper group, topped with a collection of quality digital assets in Nine Digital, subscription video on demand operator Stan, and Fairfax's 60%-owned Domain. It ensures the merged entity remains relevant in the eyes of audiences and advertisers.

Contact
1 Denison Street, Level 9
Sydney, NSW, 2060, Australia
T +61 299069999
Industry Entertainment
Most Recent Earnings
Fiscal Year End Jun 30, 2023
Employees 5,254