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Nine Entertainment Co. Holdings Limited
(Sydney:NEC)
Nine Entertainment Co. Holdings Limited (NEC) vs. iShares MSCI Australia ETF (EWA)
Nine Entertainment Co. Holdings Limited Business Overview & Revenue Model
Nine Entertainment Co. Holdings Limited Financial Statement Overview
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.65B | 2.62B | 2.69B | 2.69B | 2.33B | 2.16B |
| Gross Profit | 443.77M | 1.02B | 432.88M | 531.09M | 363.82M | 234.32M |
| EBITDA | 333.33M | 405.45M | 479.31M | 623.25M | 460.03M | -307.02M |
| Net Income | 91.45M | 110.90M | 181.81M | 297.14M | 169.36M | -524.50M |
Balance Sheet | ||||||
| Total Assets | 4.02B | 4.00B | 4.02B | 4.14B | 3.91B | 3.67B |
| Cash, Cash Equivalents and Short-Term Investments | 157.53M | 92.86M | 119.68M | 153.46M | 171.93M | 187.39M |
| Total Debt | 1.13B | 1.08B | 1.01B | 860.65M | 850.43M | 852.62M |
| Total Liabilities | 2.22B | 2.22B | 2.14B | 2.07B | 1.95B | 1.79B |
| Stockholders Equity | 1.60B | 1.59B | 1.68B | 1.88B | 1.81B | 1.75B |
Cash Flow | ||||||
| Free Cash Flow | 278.39M | 156.42M | 253.94M | 412.46M | 304.40M | 232.09M |
| Operating Cash Flow | 314.64M | 293.42M | 351.78M | 487.23M | 398.16M | 374.50M |
| Investing Cash Flow | -141.94M | -135.95M | -114.83M | -301.23M | -84.23M | -274.09M |
| Financing Cash Flow | -149.16M | -184.28M | -270.74M | -204.46M | -329.40M | -169.14M |
Nine Entertainment Co. Holdings Limited Technical Analysis
Nine Entertainment Co. Holdings Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | AU$945.56M | 25.66 | 4.91% | 3.07% | 0.27% | 6.59% | |
68 Neutral | AU$27.27B | 41.12 | 5.74% | 0.01% | -4.85% | 135.33% | |
67 Neutral | AU$2.71B | 29.58 | 5.56% | 4.69% | -0.92% | -3.83% | |
66 Neutral | AU$2.72B | 308.86 | 0.90% | 2.20% | -1.82% | -76.20% | |
62 Neutral | $41.14B | -1.89 | -12.05% | 3.52% | 2.11% | -69.63% | |
54 Neutral | AU$223.18M | 26.36 | 1.98% | ― | -6.10% | -90.04% |
Nine Entertainment Co. Holdings Limited Corporate Events
Nine Entertainment Co. Holdings Limited has announced a substantial holding update, detailing the voting power and relevant interests of various entities in its shares. This update reveals that State Street Corporation and its subsidiaries, among others, hold significant voting power and control over a large number of shares, impacting the company’s shareholder structure and potentially influencing future corporate decisions.
The most recent analyst rating on (AU:NEC) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.
Nine Entertainment Co. Holdings Limited announced the issuance of 246,714 unquoted performance rights under an employee incentive scheme, which are not intended to be listed on the ASX. This move is part of the company’s strategy to incentivize employees, potentially impacting its operational dynamics and aligning employee interests with corporate goals.
The most recent analyst rating on (AU:NEC) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.
Nine Entertainment Co., through its subsidiary Stan, has acquired selected assets from Optus Sport, including media rights for the Premier League and Emirates FA Cup, enhancing its sports content offering. This strategic acquisition is expected to be financially beneficial for Stan, expanding its reach to Optus Sport’s subscriber base and strengthening its position in the Australian sports broadcasting market.
The most recent analyst rating on (AU:NEC) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.
Nine Entertainment Co. Holdings Limited has issued an update regarding the correction of an application related to unquoted equity securities, specifically under LR7.2. This announcement, dated June 20, 2025, serves as a correction to a previous notice issued on June 18, 2025, highlighting the company’s commitment to maintaining transparency and compliance in its financial disclosures.
The most recent analyst rating on (AU:NEC) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.
Nine Entertainment Co. is set to release its FY25 final results on August 27, 2025, with CEO Matt Stanton hosting a teleconference to discuss the outcomes. This announcement is significant for stakeholders as it provides insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and investor relations.
The most recent analyst rating on (AU:NEC) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.
Nine Entertainment Co. Holdings Limited announced the issuance of 606,371 performance rights under an employee incentive scheme, which are not intended to be quoted on the ASX. This move reflects the company’s strategy to incentivize its employees, potentially enhancing operational performance and aligning employee interests with company goals.
The most recent analyst rating on (AU:NEC) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.
Pinnacle Investment Management Group Limited has become a substantial holder in Nine Entertainment Co. Holdings Limited, acquiring a 5.01% voting power through ordinary fully paid shares. This development signifies a notable shift in the shareholder structure, potentially impacting the company’s strategic decisions and market positioning.
The most recent analyst rating on (AU:NEC) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.
Nine Entertainment Co. Holdings Limited announced a change in the director’s interest, with Peter Tonagh acquiring 123,456 ordinary shares valued at $199,935 through an on-market purchase. This acquisition reflects a significant investment by the director, potentially indicating confidence in the company’s future performance and stability, which may positively influence stakeholder perception and market positioning.
The most recent analyst rating on (AU:NEC) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.
Nine Entertainment Co. Holdings Limited announced the cessation of Samantha Lewis as a director effective June 1, 2025. The notice detailed that Ms. Lewis holds 100,000 fully paid ordinary shares through Johsam Pty Ltd as trustee for the Lewis Family Trust, indicating her continued financial interest in the company. This change in directorship may impact the company’s governance structure and could have implications for its strategic direction.
The most recent analyst rating on (AU:NEC) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.
Nine Entertainment Co. Holdings Limited, a prominent player in the media and entertainment industry, has seen a change in the substantial holding interests of Macquarie Group Limited and its controlled entities. The change reflects a decrease in voting power from 11.87% to 7.69%, indicating a significant shift in shareholder influence. This adjustment in holdings could impact the company’s governance and strategic decisions, potentially affecting its market position and stakeholder interests.
The most recent analyst rating on (AU:NEC) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.
Nine Entertainment Co. Holdings Limited announced a change in the structure of its equity holdings with the WIN Group, which maintains an economic interest of 25.22% and voting power of 19.98% in Nine. The WIN Group, through Birketu Pty Ltd, has unwound its Physical Swap, acquiring direct ownership of 80.6 million Nine shares. This strategic move does not alter the overall economic interest or voting power of the WIN Group but shifts the nature of their holdings, potentially impacting their influence and strategy within Nine Entertainment.
The most recent analyst rating on (AU:NEC) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.
Nine Entertainment Co. announced that Samantha Lewis will step down as an independent Non-Executive Director, effective June 1. Her departure follows the appointment of Timothy Longstaff, ensuring a smooth transition. Lewis’s tenure saw significant developments, including the merger with Fairfax and growth in streaming services, positioning Nine strongly in its core markets. The recent sale of Nine’s stake in Domain is seen as a positive move for shareholders, further strengthening the company’s market position.
The most recent analyst rating on (AU:NEC) stock is a Buy with a A$2.30 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.
Nine Entertainment Co. Holdings Limited has announced its support for Domain Holdings Australia Limited’s decision to enter into a Scheme Implementation Deed with CoStar Group, Inc. This transaction, which involves CoStar acquiring 100% of Domain’s issued capital, is expected to complete in the third quarter of 2025. Nine anticipates receiving approximately A$1.4 billion from the transaction, which will strengthen its financial position and allow for potential shareholder dividends. The deal positions Nine to explore further strategic investments and maintain its leadership in the media industry.
Australian Retirement Trust Pty Ltd has become a substantial holder in Nine Entertainment Co. Holdings Limited, acquiring a 5.014% voting power through 79,512,901 fully paid ordinary shares. This acquisition signifies a notable investment in the media company, potentially impacting its shareholder dynamics and market influence.
Nine Entertainment Co. Holdings Limited has announced a change in substantial holdings, with State Street Global Advisors and its subsidiaries ceasing to be substantial holders as of May 5, 2025. This change in holdings could impact the company’s shareholder structure and influence its strategic decisions moving forward.
Nine Entertainment Co. Holdings Limited has reported strong content performance in 2025, with notable successes in TV shows and sports broadcasts, leading to an 8% increase in Total TV advertising revenue for the March quarter. Despite economic uncertainties impacting the advertising market, Nine maintains its cost guidance and anticipates growth in digital subscription revenue and cost efficiencies, while radio advertising revenues have declined.
Nine Entertainment Co. Holdings Limited has become a substantial holder with significant voting power in the company. This development involves several entities, including State Street Global Advisors and The Macquarie Group, indicating a consolidation of control over voting rights and securities management. The announcement highlights the strategic positioning of Nine Entertainment in managing its securities and voting interests, which could impact its market influence and decision-making processes.
Nine Entertainment Co. Holdings Limited has experienced a change in the interests of a substantial holder, Macquarie Group Limited and its controlled entities. The voting power of Macquarie Group has increased from 10.86% to 11.87%, indicating a significant shift in their stake within the company. This change in voting power could potentially impact the company’s decision-making processes and influence its strategic direction, reflecting Macquarie’s growing influence in the media and entertainment sector.
Nine Entertainment Co. Holdings Limited has announced that State Street Global Advisors and its subsidiaries have ceased to be substantial holders in the company as of April 30, 2025. This change in substantial holding may impact the company’s shareholder structure and could influence its market dynamics, potentially affecting stakeholders’ interests.
Nine Entertainment Co. Holdings Limited has announced a significant change in its substantial holdings, with State Street Corporation and its subsidiaries acquiring a notable interest in the company. This development is part of a broader strategy by State Street to enhance its investment portfolio and influence within the media and entertainment industry. The acquisition of substantial holdings by State Street Corporation is expected to impact Nine Entertainment’s operations by potentially altering its shareholder dynamics and strategic direction. This move could have implications for stakeholders, including potential shifts in voting power and decision-making processes within the company.
Nine Entertainment Co. Holdings Limited has announced that State Street Corporation and its subsidiaries have ceased to be substantial holders in the company as of April 22, 2025. This change in substantial holding could impact the company’s shareholder structure and influence, potentially affecting its market positioning and stakeholder relationships.
Nine Entertainment Co. Holdings Limited has announced a significant change in its substantial holders, with State Street Corporation and its subsidiaries acquiring a notable voting power in the company. This development indicates a strategic investment move by State Street, potentially impacting Nine Entertainment’s market positioning and stakeholder dynamics.