How to buy Prime Media Group (PRT) shares
Learn how to easily invest in Prime Media Group shares.
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Prime Media Group is a broadcasting business based in Australia. Prime Media Group shares (PRT) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Prime Media Group has a trailing 12-month revenue of around $168.6 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Prime Media Group
- 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 Prime Media Group. Find the share by name or ticker symbol: PRT. 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 Prime Media Group 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 Prime Media Group. 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.
What's in this guide?
- Prime Media Group key stats
- Compare share trading platforms
- Is Prime Media Group stock a buy or sell?
- Prime Media Group performance over time
- Are Prime Media Group shares over-valued?
- Prime Media Group's financials
- How volatile are Prime Media Group shares?
- Does Prime Media Group pay a dividend?
- Have Prime Media Group shares ever split?
- Other common questions
Prime Media Group stock price (ASX:PRT)Use our graph to track the performance of PRT stocks over time.
Prime Media Group shares at a glance
|52-week range||$0.1754 - $0.46|
|50-day moving average||$0.4336|
|200-day moving average||$0.2796|
|Dividend yield||$0.02 (26.37%)|
|Earnings per share (TTM)||$0.053|
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 Prime Media Group 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.
Prime Media Group price performance over time
|1 week (2022-01-10)||0.455|
|1 month (2021-12-17)||7.06%|
|3 months (2021-10-15)||97.83%|
|6 months (2021-07-16)||111.63%|
|1 year (2021-01-15)||127.50%|
|2 years (2020-01-17)||175.76%|
|3 years (2019-01-17)||97.83%|
|5 years (2017-01-17)||42.19%|
Is Prime Media Group under- or over-valued?
Valuing Prime Media Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Prime Media Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Prime Media Group's P/E ratio
Prime Media Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Prime Media Group shares trade at around 9x 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.
Prime Media Group's EBITDA
Prime Media Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $22.4 million (£0.0 million).
The EBITDA is a measure of a Prime Media Group's overall financial performance and is widely used to measure a its profitability.
Prime Media Group financials
|Revenue TTM||$168.6 million|
|Operating margin TTM||10.73%|
|Gross profit TTM||$35.4 million|
|Return on assets TTM||11.96%|
|Return on equity TTM||27.48%|
|Market capitalisation||$166.7 million|
TTM: trailing 12 months
Prime Media Group share dividends
Dividend payout ratio: 33.33% of net profits
Recently Prime Media Group has paid out, on average, around 33.33% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 26.37% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Prime Media Group shareholders could enjoy a 26.37% return on their shares, in the form of dividend payments. In Prime Media Group's case, that would currently equate to about A$0.02 per share.
While Prime Media Group's payout ratio might seem fairly standard, it's worth remembering that Prime Media Group may be investing much of the rest of its net profits in future growth.
The latest dividend was paid out to all shareholders who bought their shares by 26 January 2022 (the "ex-dividend date").
Have Prime Media Group's shares ever split?
Prime Media Group's shares were split on 26 March 2009.
Prime Media Group share price volatility
Over the last 12 months, Prime Media Group's shares have ranged in value from as little as $0.1754 up to $0.46. 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 Prime Media Group's is 0.8204. This would suggest that Prime Media Group's shares are less volatile than average (for this exchange).
Prime Media Group overview
Prime Media Group Limited provides commercial television broadcasting services in Australia. It offers free-to-air television broadcasting services under the PRIME7 and GWN7 brands in regional New South Wales, the Australian Capital Territory, regional Victoria, the Gold Coast area of Southern Queensland, and regional Western Australia. The company was incorporated in 1970 and is based in Watson, Australia.
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