How to buy NZME (NZM) shares
Learn how to easily invest in NZME shares.
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NZME is an entertainment business based in Australia. NZME shares (NZM) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. NZME has a trailing 12-month revenue of around $345.4 million. If you're looking to buy shares, check out the steps below.
How to buy shares in NZME
- 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.
- 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.
- Search for NZME . Find the share by name or ticker symbol: NZM. 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 NZME reaches your desired price. To spread out your risk, look into dollar-cost averaging, 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 in on your investment. Congratulations, you own a part of NZME . 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.
NZME stock price (ASX:NZM)Use our graph to track the performance of NZM stocks over time.
NZME shares at a glance
|52-week range||$0.6305 - $1.39|
|50-day moving average||$1.2976|
|200-day moving average||$0.9678|
|Dividend yield||$0.03 (2.37%)|
|Earnings per share (TTM)||$0.078|
Compare share trading platforms
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 NZME 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.
NZME price performance over time
|1 week (2022-01-13)||-4.49%|
|1 month (2021-12-20)||-13.97%|
|3 months (2021-10-20)||6.36%|
|6 months (2021-07-20)||32.95%|
|1 year (2021-01-20)||69.57%|
|2 years (2020-01-20)||216.22%|
|3 years (2019-01-18)||143.75%|
|5 years (2017-01-20)||81.40%|
Is NZME under- or over-valued?
Valuing NZME stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of NZME 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
NZME 's P/E ratio
NZME 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, NZME shares trade at around 15x 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.
NZME 's EBITDA
NZME 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $46.6 million (£0.0 million).
The EBITDA is a measure of a NZME 's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$345.4 million|
|Operating margin TTM||11.03%|
|Gross profit TTM||$63.9 million|
|Return on assets TTM||7.21%|
|Return on equity TTM||13.05%|
|Market capitalisation||$236.1 million|
TTM: trailing 12 months
NZME share dividends
We're not expecting NZME to pay a dividend over the next 12 months.
NZME share price volatility
Over the last 12 months, NZME 's shares have ranged in value from as little as $0.6305 up to $1.39. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while NZME 's is 1.0811. This would suggest that NZME 's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
NZME Limited, together with its subsidiaries, operates as an integrated media and entertainment company in New Zealand. It offers its products through 32 print publications, 9 radio channels, and 19 real estate publications, as well as websites. The company was formerly known as Wilson & Horton Limited. NZME Limited was incorporated in 2014 and is based in Auckland, New Zealand.
NZME in the news
Those who invested in NZME (NZSE:NZM) three years ago are up 196%
Frequently asked questions
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