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How to buy Nine Entertainment Co. Holdings shares

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Nine Entertainment Co. Holdings Limited is a broadcasting business based in Australia. Nine Entertainment Co. Holdings shares (NEC) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Nine Entertainment Co. Holdings has a trailing 12-month revenue of around $2.2 billion..

How to buy shares in Nine Entertainment Co. Holdings

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Nine Entertainment Co. Holdings . Find the share by name or ticker symbol: NEC. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Nine Entertainment Co. Holdings reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price of $2.41, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Nine Entertainment Co. Holdings . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

What's in this guide?

  1. Nine Entertainment Co. Holdings key stats
  2. Compare share trading platforms
  3. Is Nine Entertainment Co. Holdings stock a buy or sell?
  4. Nine Entertainment Co. Holdings performance over time
  5. Are Nine Entertainment Co. Holdings shares over-valued?
  6. Nine Entertainment Co. Holdings 's financials
  7. How volatile are Nine Entertainment Co. Holdings shares?
  8. Does Nine Entertainment Co. Holdings pay a dividend?
  9. Other common questions

Nine Entertainment Co. Holdings share price

Use our graph to track the performance of NEC stocks over time.

Nine Entertainment Co. Holdings shares at a glance

Information last updated 2021-01-23.
52-week range$0.8054 - $2.58
50-day moving average $2.3609
200-day moving average $1.9554
Target price$2.29
PE ratio 35.7241
Dividend yield $0.04 (1.67%)
Earnings per share (TTM) $0.08

Share Trading Account Offer

IG Share Trading Offer

AUD 8

Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

  • Brokerage - AU shares: From AUD 5 or 0.05%
  • Brokerage - US shares: USD 0
  • Sign-up process: Instant
  • Support - After hours: Yes
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Important: Share trading carries risk of capital loss.

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Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
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More Info
Bell Direct Share Trading
Finder Award
Bell Direct Share Trading
AUD 15
No
ASX shares, Options trading, mFunds, ETFs, Warrants
Invest in Australian shares, options and managed funds from the one account with no inactivity fee.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
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More Info
Superhero share trading
Superhero share trading
AUD 5
No
ASX shares, ETFs
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
Go to site
More Info
CMC Markets Stockbroking
Finder Award
CMC Markets Stockbroking
AUD 11 or 0.1%
No
ASX shares, Global shares, Forex, CFDs, Options trading, mFunds, ETFs, Warrants
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
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More Info
SelfWealth Share Trading (Basic account)
SelfWealth Share Trading (Basic account)
AUD 9.5
No
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
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More Info
ANZ Share Investing
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
More Info
Westpac Online Investing Account
Westpac Online Investing Account
AUD 19.95 or 0.11%
USD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, ETFs
More Info
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Is it a good time to buy Nine Entertainment Co. Holdings stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Nine Entertainment Co. Holdings Limited by TradingView

Nine Entertainment Co. Holdings price performance over time

Historical closes compared with the close of A$2.41 on 2021-01-25

1 week (2021-01-18) 5.24%
1 month (2020-12-24) 2.55%
3 months (2020-10-23) 12.09%
6 months (2020-07-24) 70.92%
1 year (2020-01-24) 22.34%
2 years (2019-01-25) 55.48%
3 years (2018-01-25) 46.50%
5 years (2016-01-25) 41.35%

Is Nine Entertainment Co. Holdings under- or over-valued?

Valuing Nine Entertainment Co. Holdings stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Nine Entertainment Co. Holdings 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Nine Entertainment Co. Holdings 's P/E ratio

Nine Entertainment Co. Holdings 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 36x. In other words, Nine Entertainment Co. Holdings shares trade at around 36x recent earnings.

That's relatively high compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Nine Entertainment Co. Holdings 's EBITDA

Nine Entertainment Co. Holdings 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $302.8 million.

The EBITDA is a measure of a Nine Entertainment Co. Holdings 's overall financial performance and is widely used to measure a its profitability.

Nine Entertainment Co. Holdings financials

Revenue TTM $2.2 billion
Operating margin TTM 8.9%
Gross profit TTM $354.9 million
Return on assets TTM 3.02%
Return on equity TTM -21.84%
Profit margin -26.98%
Book value 1.027
Market capitalisation $4.2 billion

TTM: trailing 12 months

Nine Entertainment Co. Holdings share dividends

We're not expecting Nine Entertainment Co. Holdings to pay a dividend over the next 12 months.

Nine Entertainment Co. Holdings share price volatility

Over the last 12 months, Nine Entertainment Co. Holdings 's shares have ranged in value from as little as $0.8054 up to $2.58. A popular way to gauge a stock's volatility is its "beta".

NEC.AU volatility(beta: 0.96)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Nine Entertainment Co. Holdings 's is 0.9632. This would suggest that Nine Entertainment Co. Holdings 's shares are less volatile than average (for this exchange).

Nine Entertainment Co. Holdings overview

Nine Entertainment Co. Holdings Limited engages in the broadcasting and program production businesses across free to air television and metropolitan radio networks in Australia. It operates through Broadcasting, Digital and Publishing, Domain Group, and Stan segments. The company provides television services under the brands, including Channel 9, 9Rush, 9Go!, 9Gem, and 9Life; video on demand platform under 9Now brand; talkback radio stations under 2GB, 3AW, 4BC, 6PR, 2UE, 4BH, 6GT, Magic1278 brands; and publishes newspapers, news-inserted magazines, and events, as well as nine.com.au, a site of news, sport, entertainment, and lifestyle content. It offers mastheads under the The Sydney Morning Herald, The Age, and The Australian Financial Review brands. The company also provides real estate media and technology services. Nine Entertainment Co. Holdings Limited was founded in 1956 and is headquartered in North Sydney, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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