Nexstar Media Group, Inc.

Nexstar Media Group operates as a diversified media company producing local and national news, sports, and entertainment content across TV and digital platforms. It owns, programs, or provides services to various markets and offers TV programming. The company has video and display advertising platforms delivered locally and nationally through its own and third-party websites and apps. Nexstar also owns NewsNation, a national cable news network, and WGN-AM, a Chicago radio station. Its digital assets include local websites, mobile apps, and free-ad supported TV channels. The company engages in digital business and manages real estate assets. It is headquartered in Irving, Texas.

Overview

Sector

Broadcasting

Target Price

107.1 USD

Current Price

206.4 USD

Potential

-48%

Strengths

Current Price to Earnings Ratio (8.96) is lower than the sector mean (53.34).
The company has high returns. ROIC (14.24%) is higher than the sector mean (6.92%).
EV/EBITDA (5.85) is lower than the sector mean (12.04).
EV/EBIT (9.16) is lower than the sector mean.
Price to free cash flow (5.86) is lower than the sector mean.
Strong EBITDA Margin of 40.60%.

Weaknesses

With a depreciation Potential of -49.37%, based on our fundamental analysis, it suggests the stock may be overvalued.
Price to book ratio (2.87) is significantly higher than the sector mean (1.24).
Analysts expect revenues to decline in the coming year.
The company has high debt. Net Debt to EBITDA Ratio (2.91) is higher than the sector mean.

Key Financial Data

Indicator	Value
PER	8.8
EV/EBITDA	5.8
Price/Free Cash Flow'	5.7
ROIC	14.2%
Net Debt/EBITDA	2.9