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Nine Entertainment Co Holdings - Stock

Nine Entertainment Co Holdings P/E 2024

Nine Entertainment Co Holdings P/E

12.98

Ticker

NEC.AX

ISIN

AU000000NEC4

WKN

A1W8KA

As of Jun 21, 2024, Nine Entertainment Co Holdings's P/E ratio was 12.98, a -26.38% change from the 17.63 P/E ratio recorded in the previous year.

The Nine Entertainment Co Holdings P/E history

Nine Entertainment Co Holdings Aktienanalyse

What does Nine Entertainment Co Holdings do?

The company Nine Entertainment Co Holdings Ltd is one of the leading media companies in Australia. It was founded in 1957 and has its headquarters in Sydney. In recent decades, it has established itself as a provider of television and radio programs, as well as an expert in digital media. The business model of Nine Entertainment Co Holdings Ltd is based on the creation, production, and distribution of content for various target groups. It owns various television and radio stations that provide a diverse range of programming. In addition, Nine Entertainment Co Holdings Ltd operates various digital platforms where content can be streamed or downloaded online. The company focuses on various areas, including television programs such as news, sports, entertainment, and drama. Radio shows cover a wide range of music genres as well as talk shows and news. Nine Entertainment Co Holdings Ltd is also involved in the production of films and television series and has established a reputation as a producer of high-quality content. Some of the most well-known products offered by Nine Entertainment Co Holdings Ltd include the television channel Channel Nine and the radio station 2GB. Channel Nine is one of the largest commercial television stations in the country and offers a wide range of television programs, including news and current events, reality TV shows, as well as movies and television series. As a market leader in Australia, Nine Entertainment Co Holdings Ltd also operates a variety of websites and apps tailored to the needs of users. These include websites such as Nine.com.au, 9Now.com.au, and Wide World of Sports. In addition to content creation, Nine Entertainment Co Holdings Ltd has also specialized in advertising. The company offers advertising space on its television and radio stations, as well as on its digital platforms. It utilizes personalized advertising to effectively reach target audiences. To solidify its position as a leading media provider in Australia, Nine Entertainment Co Holdings Ltd has also focused on acquisitions and mergers in recent years. These include acquisitions of companies such as Macquarie Media and Fairfax Media. These acquisitions have led to an expansion of the portfolio offered by Nine Entertainment Co Holdings Ltd and strengthened its presence in the Australian media landscape. In 2021, Nine Entertainment Co Holdings Ltd announced a new business strategy to further enhance its position in the digital domain. The company plans to increase its investments in digital media and technologies and expand its offering of personalized content for its users. Additionally, Nine Entertainment Co Holdings Ltd will strengthen its collaborations with other companies in the digital media and advertising sector. Overall, Nine Entertainment Co Holdings Ltd is a leading media company in Australia, offering a wide range of content for its users. The company has established itself as a producer of high-quality content and utilizes personalized advertising to effectively reach its target audiences. With its acquisitions and mergers, as well as the new business strategy, Nine Entertainment Co Holdings Ltd is well positioned to further expand its leading position in the Australian media landscape. Nine Entertainment Co Holdings ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Nine Entertainment Co Holdings's P/E Ratio

The Price to Earnings (P/E) Ratio of Nine Entertainment Co Holdings is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Nine Entertainment Co Holdings's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Nine Entertainment Co Holdings is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Nine Entertainment Co Holdings’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Nine Entertainment Co Holdings Stock

What is the price-to-earnings ratio of Nine Entertainment Co Holdings?

The price-earnings ratio of Nine Entertainment Co Holdings is currently 12.98.

How has the price-earnings ratio of Nine Entertainment Co Holdings changed compared to last year?

The price-to-earnings ratio of Nine Entertainment Co Holdings has increased by -26.38% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Nine Entertainment Co Holdings high compared to other companies?

Yes, the price-to-earnings ratio of Nine Entertainment Co Holdings is high compared to other companies.

How does an increase in the price-earnings ratio of Nine Entertainment Co Holdings affect the company?

An increase in the price-earnings ratio of Nine Entertainment Co Holdings would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Nine Entertainment Co Holdings affect the company?

A decrease in the price-earnings ratio of Nine Entertainment Co Holdings would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Nine Entertainment Co Holdings?

Some factors that influence the price-earnings ratio of Nine Entertainment Co Holdings are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Nine Entertainment Co Holdings pay?

Over the past 12 months, Nine Entertainment Co Holdings paid a dividend of 0.16 AUD . This corresponds to a dividend yield of about 11.07 %. For the coming 12 months, Nine Entertainment Co Holdings is expected to pay a dividend of 0.15 AUD.

What is the dividend yield of Nine Entertainment Co Holdings?

The current dividend yield of Nine Entertainment Co Holdings is 11.07 %.

When does Nine Entertainment Co Holdings pay dividends?

Nine Entertainment Co Holdings pays a quarterly dividend. This is distributed in the months of October, April, October, April.

How secure is the dividend of Nine Entertainment Co Holdings?

Nine Entertainment Co Holdings paid dividends every year for the past 15 years.

What is the dividend of Nine Entertainment Co Holdings?

For the upcoming 12 months, dividends amounting to 0.15 AUD are expected. This corresponds to a dividend yield of 10.69 %.

In which sector is Nine Entertainment Co Holdings located?

Nine Entertainment Co Holdings is assigned to the 'Communication' sector.

Wann musste ich die Aktien von Nine Entertainment Co Holdings kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Nine Entertainment Co Holdings from 4/18/2024 amounting to 0.057 AUD, you needed to have the stock in your portfolio before the ex-date on 3/8/2024.

When did Nine Entertainment Co Holdings pay the last dividend?

The last dividend was paid out on 4/18/2024.

What was the dividend of Nine Entertainment Co Holdings in the year 2023?

In the year 2023, Nine Entertainment Co Holdings distributed 0.2 AUD as dividends.

In which currency does Nine Entertainment Co Holdings pay out the dividend?

The dividends of Nine Entertainment Co Holdings are distributed in AUD.

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Andere Kennzahlen von Nine Entertainment Co Holdings

Our stock analysis for Nine Entertainment Co Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Nine Entertainment Co Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.