Financials Nexstar Media Group, Inc.

Equities

NXST

US65336K1034

Broadcasting

Market Closed - Nasdaq 04:00:00 2024-05-31 pm EDT 5-day change 1st Jan Change
165.7 USD +1.23% Intraday chart for Nexstar Media Group, Inc. +4.70% +5.70%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,410 4,809 6,174 6,600 5,319 5,440 - -
Enterprise Value (EV) 1 13,670 12,325 13,398 13,348 12,021 11,518 11,233 10,746
P/E ratio 24.4 x 6.29 x 7.95 x 7.24 x 16.3 x 6.47 x 10.4 x 5.35 x
Yield 1.54% 2.05% 1.85% - 3.44% 4.07% 4.47% 4.83%
Capitalization / Revenue 1.78 x 1.07 x 1.33 x 1.27 x 1.08 x 0.98 x 1.06 x 0.97 x
EV / Revenue 4.5 x 2.74 x 2.88 x 2.56 x 2.44 x 2.07 x 2.19 x 1.91 x
EV / EBITDA 15.2 x 6.32 x 7.06 x 6 x 8.18 x 5.31 x 6.59 x 4.8 x
EV / FCF 26.2 x 9.45 x 10.7 x 10.7 x 12 x 8.92 x 11.8 x 7.77 x
FCF Yield 3.81% 10.6% 9.34% 9.33% 8.32% 11.2% 8.44% 12.9%
Price to Book 2.73 x 1.95 x 2.16 x - 2.29 x 2.12 x 2 x 1.64 x
Nbr of stocks (in thousands) 46,139 44,045 40,891 37,708 33,931 32,830 - -
Reference price 2 117.2 109.2 151.0 175.0 156.8 165.7 165.7 165.7
Announcement Date 2/26/20 2/23/21 2/22/22 2/28/23 2/28/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,039 4,501 4,648 5,211 4,933 5,552 5,133 5,620
EBITDA 1 898.1 1,951 1,897 2,223 1,469 2,168 1,704 2,239
EBIT 1 622.4 1,361 1,175 1,312 708 1,401 968.3 1,489
Operating Margin 20.48% 30.24% 25.29% 25.18% 14.35% 25.23% 18.86% 26.5%
Earnings before Tax (EBT) 1 373.3 1,105 1,093 1,217 401 1,093 630.5 1,141
Net income 1 230.3 811.4 834.6 971.1 346 823.2 488.3 892.8
Net margin 7.58% 18.03% 17.95% 18.64% 7.01% 14.83% 9.51% 15.89%
EPS 2 4.800 17.37 18.98 24.16 9.640 25.59 15.91 30.96
Free Cash Flow 1 520.9 1,305 1,251 1,246 1,000 1,291 948.5 1,383
FCF margin 17.14% 28.98% 26.92% 23.91% 20.27% 23.26% 18.48% 24.62%
FCF Conversion (EBITDA) 58% 66.86% 65.97% 56.04% 68.07% 59.55% 55.64% 61.78%
FCF Conversion (Net income) 226.22% 160.77% 149.93% 128.28% 289.02% 156.84% 194.23% 154.95%
Dividend per Share 2 1.800 2.240 2.800 - 5.400 6.743 7.402 8.004
Announcement Date 2/26/20 2/23/21 2/22/22 2/28/23 2/28/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,246 1,210 1,245 1,269 1,487 1,257 1,240 1,132 1,304 1,284 1,280 1,388 1,610 1,268 1,275
EBITDA 1 496.1 642.7 486.3 488.8 598.2 491 331 236 411 542 405.1 502.4 716.2 500.9 397.9
EBIT 1 324.8 329.4 333.4 355.3 294 204 179 94 230 275 239 346.2 549.3 217.4 233.8
Operating Margin 26.07% 27.22% 26.78% 28% 19.78% 16.23% 14.44% 8.3% 17.64% 21.42% 18.67% 24.95% 34.12% 17.15% 18.34%
Earnings before Tax (EBT) 1 328.9 303.9 298.1 369.4 245.7 130 110 14 147 228 149 253.1 455.8 122.9 129.7
Net income 1 264 251.6 227.5 288.7 203.3 111 96 25 115 175 107.3 192.3 345.8 95.05 102.1
Net margin 21.19% 20.79% 18.27% 22.75% 13.67% 8.83% 7.74% 2.21% 8.82% 13.63% 8.39% 13.86% 21.48% 7.5% 8.01%
EPS 2 6.190 5.990 5.560 7.300 5.300 2.970 2.640 0.7000 3.320 5.160 3.074 5.828 10.83 3.600 3.512
Dividend per Share 2 - 0.9000 0.9000 0.9000 - 1.350 1.350 1.350 1.350 - 1.683 1.683 1.683 1.759 -
Announcement Date 2/22/22 5/10/22 8/4/22 11/8/22 2/28/23 5/9/23 8/8/23 11/8/23 2/28/24 5/9/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 8,261 7,515 7,224 6,747 6,702 6,078 5,793 5,307
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 9.197 x 3.852 x 3.809 x 3.036 x 4.562 x 2.804 x 3.399 x 2.37 x
Free Cash Flow 1 521 1,305 1,251 1,246 1,000 1,291 948 1,383
ROE (net income / shareholders' equity) 11.9% 35.7% 31.1% 34.5% 13.7% 45.7% 29.4% 38.9%
ROA (Net income/ Total Assets) 2.19% 5.92% 6.26% 7.49% 2.8% 11% 8.27% 10.9%
Assets 1 10,526 13,697 13,334 12,972 12,378 7,480 5,904 8,192
Book Value Per Share 2 43.00 56.10 69.90 - 68.40 78.30 82.70 101.0
Cash Flow per Share 2 8.710 26.80 27.60 34.90 27.90 33.90 27.60 44.50
Capex 1 198 217 151 157 149 151 147 152
Capex / Sales 6.5% 4.82% 3.24% 3.02% 3.02% 2.71% 2.86% 2.7%
Announcement Date 2/26/20 2/23/21 2/22/22 2/28/23 2/28/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
165.7 USD
Average target price
201.9 USD
Spread / Average Target
+21.85%
Consensus
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