How to buy Nine Entertainment Co. Holdings (NEC) shares
Learn how to easily invest in Nine Entertainment Co. Holdings shares.
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Nine Entertainment Co. Holdings 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 in Australian dollars. Nine Entertainment Co. Holdings has a trailing 12-month revenue of around $2.5 billion. If you're looking to buy shares, check out the steps below.
How to buy shares in Nine Entertainment Co. Holdings
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the ASX. Our table can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, such as your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- 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.
- 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. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check on your investment. Congratulations, you own a part of Nine Entertainment Co. Holdings . Optimise your portfolio by tracking how your stock and 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 affect your stock.
What's in this guide?
- Nine Entertainment Co. Holdings key stats
- Compare share trading platforms
- Is Nine Entertainment Co. Holdings stock a buy or sell?
- Nine Entertainment Co. Holdings performance over time
- Are Nine Entertainment Co. Holdings shares over-valued?
- Nine Entertainment Co. Holdings 's financials
- How volatile are Nine Entertainment Co. Holdings shares?
- Does Nine Entertainment Co. Holdings pay a dividend?
- Other common questions
Nine Entertainment Co. Holdings stock price (ASX:NEC)Use our graph to track the performance of NEC stocks over time.
Nine Entertainment Co. Holdings shares at a glance
|52-week range||$2.27 - $3.0706|
|50-day moving average||$2.7662|
|200-day moving average||$2.7812|
|Dividend yield||$0.125 (5.65%)|
|Earnings per share (TTM)||$0.118|
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We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
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. However, this is not a recommendation. 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.
Nine Entertainment Co. Holdings price performance over time
|1 week (2022-05-12)||0.83%|
|1 month (2022-04-22)||-13.83%|
|3 months (2022-02-22)||-8.30%|
|6 months (2021-11-22)||-18.18%|
|1 year (2021-05-21)||-17.06%|
|2 years (2020-05-22)||77.37%|
|3 years (2019-05-22)||24.62%|
|5 years (2017-05-22)||91.34%|
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 21x. In other words, Nine Entertainment Co. Holdings shares trade at around 21x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Nine Entertainment Co. Holdings 's EBITDA
Nine Entertainment Co. Holdings 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $483.9 million (£0.0 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||$2.5 billion|
|Operating margin TTM||17.78%|
|Gross profit TTM||$554.7 million|
|Return on assets TTM||7.11%|
|Return on equity TTM||10.59%|
|Market capitalisation||$4.2 billion|
TTM: trailing 12 months
Nine Entertainment Co. Holdings share dividends
Dividend payout ratio: 104.17% of net profits
Recently Nine Entertainment Co. Holdings has paid out, on average, around 104.17% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.65% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Nine Entertainment Co. Holdings shareholders could enjoy a 5.65% return on their shares, in the form of dividend payments. In Nine Entertainment Co. Holdings 's case, that would currently equate to about A$0.125 per share.
Nine Entertainment Co. Holdings 's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 2 March 2022 (the "ex-dividend date").
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 $2.27 up to $3.0706. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Nine Entertainment Co. Holdings 's is 0.8322. 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, video on demand, 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, 9Gem, 9Go!, 9Life, and 9Rush; video on demand platform under 9Now brand; 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, lifestyle, sport, and entertainment content. It offers mastheads under 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.
Nine Entertainment Co. Holdings in the news
Frequently asked questions
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