How to buy Prime Media Group shares

Prime Media Group Limited is a broadcasting business based in Australia. Prime Media Group shares (PRT) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Prime Media Group has a trailing 12-month revenue of around $160.5 million.

How to buy shares in Prime Media Group

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 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.
4. 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.
5. Decide on how many to buy. At today's price of $N/A, 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 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.

Prime Media Group share price

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

Prime Media Group shares at a glance

• Key figures

Information last updated 2020-09-25.

52-week range	AUDA$0.085 - AUDA$0.215
50-day moving average	AUDA$0.1069
200-day moving average	AUDA$0.1007
Target price	AUDA$0.18
PE ratio	6.9444
Dividend yield	N/A (31.25%)
Earnings per share (TTM)	AUDA$0.018

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Important: Share trading carries risk of capital loss.

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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.

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.

Technical Analysis of Prime Media Group Limited by TradingView

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 7x. In other words, Prime Media Group shares trade at around 7x 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 $14.9 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	$160.5 million
Operating margin TTM	6.23%
Gross profit TTM	$26.6 million
Return on assets TTM	7.35%
Return on equity TTM	11.39%
Profit margin	4.12%
Book value	0.167
Market capitalisation	$44 million

TTM: trailing 12 months

Prime Media Group share dividends

We're not expecting Prime Media Group to pay a dividend over the next 12 months.

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 $0.085 up to $0.215. 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 0.8988. 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.

Frequently asked questions

• What percentage of Prime Media Group is owned by insiders or institutions?

  Currently 56.123% of Prime Media Group shares are held by insiders and 17.162% by institutions.

• When does the fiscal year end for Prime Media Group?

  Prime Media Group's fiscal year ends in June.

• Where is Prime Media Group based?

  Prime Media Group's address is: 363 Antill Street, Watson, ACT, Australia, 2602

• What is Prime Media Group's ISIN number?

  Prime Media Group's international securities identification number is: AU000000PRT5