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Nine Entertainment Co. Holdings Limited (AU:NEC)
ASX:NEC
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Nine Entertainment Co. Holdings Limited (NEC) AI Stock Analysis

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AU:NEC

Nine Entertainment Co. Holdings Limited

(Sydney:NEC)

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Neutral 60 (OpenAI - 4o)
Rating:60Neutral
Price Target:
AU$1.00
▼(-10.71% Downside)
The overall stock score of 60 reflects a stable financial performance with strong cash flow generation, offset by bearish technical indicators and a relatively high P/E ratio. The attractive dividend yield provides some support, but the stock's current downward trend and valuation concerns weigh on the score.

Nine Entertainment Co. Holdings Limited (NEC) vs. iShares MSCI Australia ETF (EWA)

Nine Entertainment Co. Holdings Limited Business Overview & Revenue Model

Company DescriptionNine Entertainment Co. Holdings Limited (NEC) is a leading Australian media company, operating across various sectors including television, digital media, and publishing. The company is well-known for its flagship television network, Channel Nine, and offers a diverse range of content including news, sports, and entertainment. NEC also engages in digital advertising and operates several online platforms, complementing its traditional media offerings with innovative digital solutions.
How the Company Makes MoneyNine Entertainment Co. generates revenue through multiple streams primarily focused on advertising, subscription services, and content production. The company's core revenue comes from advertising sales across its television network, where it attracts significant viewership and premium rates for ad placements. Additionally, NEC earns income from its digital platforms, leveraging online advertising and partnerships to monetize its extensive digital content. The company also generates revenue through subscription services related to its streaming offerings, providing audiences with access to exclusive content. Strategic partnerships, such as collaborations with major sports leagues for broadcasting rights, further enhance NEC's revenue potential by attracting large audiences and advertisers. Overall, NEC's diverse revenue model enables it to capitalize on both traditional and digital media landscapes.

Nine Entertainment Co. Holdings Limited Financial Statement Overview

Summary
Nine Entertainment Co. Holdings Limited demonstrates a stable financial position with moderate revenue growth and strong cash flow generation. While profitability metrics have shown some decline, the company maintains a healthy balance sheet with manageable leverage. The entertainment industry context suggests potential for growth, but the company should focus on improving profitability margins to enhance overall financial health.
Income Statement
65
Positive
Nine Entertainment Co. Holdings Limited has shown moderate revenue growth with a 1.54% increase in the latest year. Gross profit margins are stable at 18.38%, but net profit margins have slightly decreased to 3.86%. The EBIT margin is healthy at 12.51%, indicating efficient core operations. However, the EBITDA margin has slightly declined to 14.30%, suggesting some pressure on operational efficiency.
Balance Sheet
70
Positive
The company's debt-to-equity ratio is 0.67, indicating a balanced approach to leveraging. Return on equity has decreased to 6.61%, reflecting a decline in profitability. The equity ratio stands at 39.67%, showing a solid equity base. Overall, the balance sheet remains stable with manageable debt levels.
Cash Flow
75
Positive
Free cash flow has grown significantly by 27.44%, indicating strong cash generation capabilities. The operating cash flow to net income ratio is 3.79, suggesting robust cash flow relative to earnings. The free cash flow to net income ratio is high at 93.46%, reflecting efficient cash utilization.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue2.69B2.69B2.62B2.69B2.69B2.33B
Gross Profit495.06M495.06M321.63M598.39M531.09M363.82M
EBITDA385.23M385.23M405.45M479.31M610.60M460.03M
Net Income103.89M103.89M110.90M181.81M297.14M169.36M
Balance Sheet
Total Assets3.97B3.97B4.00B4.02B4.14B3.91B
Cash, Cash Equivalents and Short-Term Investments141.67M141.67M92.86M119.68M153.46M171.93M
Total Debt1.06B1.06B1.08B1.01B860.65M850.43M
Total Liabilities2.19B2.19B2.22B2.14B2.07B1.95B
Stockholders Equity1.57B1.57B1.59B1.68B1.88B1.81B
Cash Flow
Free Cash Flow354.77M354.77M156.42M253.94M412.46M304.40M
Operating Cash Flow379.60M379.60M293.42M351.78M487.23M398.16M
Investing Cash Flow-128.71M-127.30M-135.95M-114.83M-301.23M-84.23M
Financing Cash Flow-202.09M-203.49M-184.28M-270.74M-204.46M-329.40M

Nine Entertainment Co. Holdings Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.12
Price Trends
50DMA
1.18
Negative
100DMA
1.17
Negative
200DMA
1.10
Positive
Market Momentum
MACD
-0.02
Positive
RSI
31.99
Neutral
STOCH
13.68
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NEC, the sentiment is Negative. The current price of 1.12 is below the 20-day moving average (MA) of 1.18, below the 50-day MA of 1.18, and above the 200-day MA of 1.10, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 31.99 is Neutral, neither overbought nor oversold. The STOCH value of 13.68 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NEC.

Nine Entertainment Co. Holdings Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (60)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
AU$23.48B36.405.78%0.67%-14.40%31.97%
60
Neutral
$48.67B4.58-11.27%4.14%2.83%-41.78%
60
Neutral
AU$1.85B17.766.58%4.90%2.18%-4.23%
60
Neutral
AU$2.36B70.563.49%2.59%0.55%591.92%
58
Neutral
AU$740.82M38.092.70%4.55%9.25%-42.79%
50
Neutral
€215.48M12.964.22%-5.13%-63.27%
* Communication Services Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:NEC
Nine Entertainment Co. Holdings Limited
1.12
0.36
47.37%
AU:SWM
Seven West Media Limited
0.14
-0.03
-18.18%
AU:A1N
HT&E Ltd
0.53
-0.13
-19.70%
AU:EVT
Event Hospitality & Entertainment Ltd.
14.66
3.87
35.87%
AU:OML
oOh media Ltd
1.26
0.09
7.69%
AU:NWS
News Corporation Shs B Chess Depository Interests repr 1 Sh
46.35
-2.67
-5.45%

Nine Entertainment Co. Holdings Limited Corporate Events

Yarra Capital Management Becomes Substantial Holder in Nine Entertainment
Oct 20, 2025

Yarra Capital Management Limited and its associated entities have become substantial holders in Nine Entertainment Co. Holdings Limited, a major player in the entertainment industry. The group now holds a 5.43% voting power in the company, having acquired a significant number of shares over the past four months. This development indicates a strategic investment move by Yarra Capital Management, potentially impacting Nine Entertainment’s shareholder dynamics and market positioning.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.50 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. Announces 2025 AGM Details
Sep 26, 2025

Nine Entertainment Co. has announced the details for its 2025 Annual General Meeting, scheduled for November 7, 2025, in North Sydney and virtually. The release includes various documents for the meeting, such as the Notice of Meeting and Voting Form, which are also available on the company’s website. This announcement ensures transparency and accessibility for shareholders, reflecting the company’s commitment to stakeholder engagement.

The most recent analyst rating on (AU:NEC) stock is a Hold with a A$1.25 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.

Leadership Transition at Nine Entertainment Co.
Sep 24, 2025

Nine Entertainment Co. has announced that Catherine West will retire as Chair and Non-Executive Director, with Peter Tonagh set to take over the role following the 2025 Annual General Meeting. West’s leadership saw Nine undergo significant transformation, including strategic shifts and divestments, positioning the company for future growth. Tonagh, with extensive experience in media and technology, aims to continue driving shareholder value and sustain the company’s success.

The most recent analyst rating on (AU:NEC) stock is a Hold with a A$1.25 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 Ceases Substantial Holding in Nine Entertainment
Sep 17, 2025

Pinnacle Investment Management Group Limited has ceased to be a substantial holder in Nine Entertainment Co. Holdings Limited as of September 12, 2025. This change in substantial holding could potentially impact the company’s shareholder composition and influence in the market, although no specific implications for stakeholders were detailed in the release.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.90 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.

Director Increases Stake in Nine Entertainment Co.
Sep 15, 2025

Nine Entertainment Co. Holdings Limited announced a change in the director’s interest, with Director Mandy Pattinson acquiring 20,000 additional ordinary shares, bringing her total to 70,000 shares. This on-market purchase reflects a significant increase in her stake, potentially indicating confidence in the company’s future prospects, which may impact stakeholder perceptions and market positioning.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.90 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. Unveils 2025 Annual Report
Sep 11, 2025

Nine Entertainment Co. has released its 2025 Annual Report, highlighting its commitment to cultural influence and community engagement. The report includes various sections such as corporate governance, financial statements, and shareholder information, reflecting the company’s comprehensive approach to transparency and accountability. This release underscores Nine Entertainment’s strategic focus on maintaining its leadership in the media industry and its dedication to fostering strong relationships with stakeholders.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.90 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 Announces Director’s Share Acquisition
Sep 4, 2025

Nine Entertainment Co. Holdings Limited announced a change in the director’s interest, specifically for Matthew Stanton, who acquired 204,760 ordinary shares as part of the company’s Short Term Incentive Plan for FY25. This transaction reflects the company’s ongoing commitment to aligning executive incentives with shareholder interests, potentially impacting the company’s operational focus and stakeholder confidence.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.90 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 Announces Director’s Change in Securities Interests
Sep 1, 2025

Nine Entertainment Co. Holdings Limited announced a change in the interests of its director, Matthew Stanton, involving the vesting and exercise of 15,872 performance rights, which resulted in the acquisition of an equal number of ordinary shares. Additionally, 83,324 performance rights lapsed as their vesting conditions were not met. This change reflects the company’s ongoing management of its incentive plans, impacting the director’s stake and potentially influencing stakeholder perceptions of executive alignment with company performance.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.90 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. Appoints New CFO Amid Strategic Growth Plans
Aug 28, 2025

Nine Entertainment Co. has appointed Martyn Roberts as its new Chief Financial Officer, effective from September 8, 2025. Roberts, who brings extensive experience from roles at Ramsay Health Care, Coca-Cola Amatil, and other major companies, will report to CEO Matt Stanton. The appointment comes as Nine looks to leverage its strong balance sheet following the sale of its stake in Domain, aiming to optimize its media asset portfolio. Roberts’ background in finance and corporate strategy is expected to support Nine’s growth and strengthen its market position.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.90 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 Announces New Dividend Distribution
Aug 27, 2025

Nine Entertainment Co. Holdings Limited has announced a new dividend distribution of AUD 0.53 per share for its ordinary fully paid securities. The dividend relates to the financial period ending on June 30, 2025, with the ex-date set for September 11, 2025, and the payment date on September 26, 2025. This announcement reflects the company’s ongoing commitment to providing value to its shareholders and may positively impact its market positioning by reinforcing investor confidence.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.90 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. Cancels Previous Dividend Announcement for ASX Compliance
Aug 27, 2025

Nine Entertainment Co. Holdings Limited announced the cancellation of a previous dividend distribution announcement, consolidating forms to meet ASX operational requirements. The cancellation does not affect the previously announced dividends, and the payment schedule remains unchanged, indicating a procedural adjustment rather than a financial impact on stakeholders.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.90 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 Cancels Previous Dividend Announcement for Compliance
Aug 27, 2025

Nine Entertainment Co. Holdings Limited has announced the cancellation of a previous dividend distribution announcement, with no changes to the dividends initially declared. The forms will be consolidated to meet ASX operational requirements, ensuring compliance and streamlining processes for stakeholders.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.90 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. Announces Dividend Distribution
Aug 27, 2025

Nine Entertainment Co. Holdings Limited has announced a dividend distribution of AUD 0.04 per share for the period ending June 30, 2025. The ex-dividend date is set for September 11, 2025, with the record date on September 12, 2025, and payment scheduled for September 26, 2025. This announcement reflects the company’s ongoing commitment to providing returns to its shareholders and may influence investor sentiment positively.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.90 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 Announces New Dividend Distribution
Aug 27, 2025

Nine Entertainment Co. Holdings Limited announced a new dividend distribution of AUD 0.49 per share, with key dates including an ex-date of September 11, 2025, a record date of September 12, 2025, and a payment date of September 26, 2025. This announcement reflects the company’s ongoing commitment to returning value to its shareholders, potentially impacting its market positioning by reinforcing investor confidence.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.90 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 Releases 2025 Corporate Governance Statement
Aug 27, 2025

Nine Entertainment Co. Holdings Limited has released its corporate governance statement for the financial year ending June 30, 2025, which is available on their website. The statement outlines the company’s adherence to the ASX Corporate Governance Council’s principles and recommendations, highlighting its commitment to transparency and accountability. This release serves to reassure stakeholders of Nine Entertainment’s dedication to maintaining robust governance practices, potentially enhancing its reputation and trust within the industry.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.90 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. Reports FY25 Results with Strategic Growth Focus
Aug 27, 2025

Nine Entertainment Co. reported a revenue of $2.7 billion and a net profit after tax of $133 million for the fiscal year ending June 30, 2025. Despite a 6% decline in EBITDA before specific items, the company saw growth in streaming, broadcast television, and publishing, with significant audience engagement and cost efficiencies. The sale of a 60% stake in Domain and a strategic focus on media assets positions Nine for future growth and leadership in the Australian media industry.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.90 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 Reports Revenue Growth Amid Profit Decline
Aug 27, 2025

Nine Entertainment Co. Holdings Limited reported a 2% increase in revenue for the year ending June 30, 2025, reaching $2.69 billion. However, the net profit after tax decreased by 1% to $133.3 million, with a more significant 10% drop when excluding specific items. The company announced a fully franked dividend of 4.0 cents per share and a special dividend of 49.0 cents per share, payable on September 26, 2025. Despite the decline in net profit, the increase in revenue and dividends reflects a stable financial position, potentially reassuring stakeholders about the company’s ongoing market presence.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.90 price target. To see the full list of analyst forecasts on Nine Entertainment Co. Holdings Limited stock, see the AU:NEC Stock Forecast page.

State Street Corporation Ceases Substantial Holding in Nine Entertainment
Aug 22, 2025

Nine Entertainment Co. Holdings Limited has announced a change in substantial holding, as State Street Corporation and its subsidiaries have ceased to be substantial holders as of August 20, 2025. This change in holding may impact the company’s voting securities and could influence its market dynamics, though specific implications for stakeholders are not detailed in the release.

The most recent analyst rating on (AU:NEC) stock is a Buy with a A$1.90 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 Announces Change in Substantial Holding
Aug 19, 2025

Nine Entertainment Co. Holdings Limited has announced a change in the substantial holding of its voting securities. State Street Corporation and its subsidiaries have ceased to be substantial holders as of August 15, 2025. This change may impact the company’s shareholder structure and could influence its market dynamics, although specific implications for stakeholders were not detailed.

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 Announces Change in Substantial Holding Status
Aug 11, 2025

Nine Entertainment Co. Holdings Limited has announced a change in its substantial holding status, as State Street Corporation and its subsidiaries have ceased to be substantial holders as of August 7, 2025. This change in substantial holding could impact the voting securities and influence within the company, potentially affecting its market dynamics 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 Announces Change in Substantial Holdings
Aug 4, 2025

Nine Entertainment Co. Holdings Limited has announced a change in substantial holdings, as a significant holder has ceased to be associated with the company as of July 31, 2025. This development may impact the company’s shareholder structure and could influence its market positioning, potentially affecting 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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 31, 2025