OOH!MEDIA LIMITED (OML)
Share Price Analysis and Chart

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OML - OOH!MEDIA LIMITED

FNArena Sector : Out of Home Advertising
Year End: December
GICS Industry Group : Media
Debt/EBITDA: 2.87
Index: ASX300 | ALL-ORDS

oOh!media is an Australian outdoor media and advertising company. It also owns digital publisher Junkee Media and printing business Cactus. The company has been listed on the ASX since 2014.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$1.22

20 Nov
2024

-0.005

OPEN

$1.25

-0.41%

HIGH

$1.25

997,945

LOW

$1.21

TARGET
$1.67 36.9% upside
Franking for last dividend paid out: 100%
FNARENA'S MARKET CONSENSUS FORECASTS
OML: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 6.3 9.7 xxx
DPS (cps) xxx 5.3 4.8 xxx
EPS Growth xxx 19.1% 53.4% xxx
DPS Growth xxx 16.7% - 8.6% xxx
PE Ratio xxx N/A 12.7 xxx
Dividend Yield xxx N/A 3.9% xxx
Div Pay Ratio(%) xxx 83.3% 49.7% xxx

Dividend yield today if purchased 3 years ago: 3.09%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.29

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 28/08 - ex-div 1.75c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx6.3
DPS All xxxxxxxxxxxxxxx5.3
Sales/Revenue xxxxxxxxxxxxxxx633.9 M
Book Value Per Share xxxxxxxxxxxxxxx137.8
Net Operating Cash Flow xxxxxxxxxxxxxxx211.0 M
Net Profit Margin xxxxxxxxxxxxxxx5.46 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx4.47 %
Return on Invested Capital xxxxxxxxxxxxxxx2.38 %
Return on Assets xxxxxxxxxxxxxxx2.04 %
Return on Equity xxxxxxxxxxxxxxx4.47 %
Return on Total Capital xxxxxxxxxxxxxxx6.17 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx150.7 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx125 M
Long Term Debt xxxxxxxxxxxxxxx681 M
Total Debt xxxxxxxxxxxxxxx807 M
Goodwill - Gross xxxxxxxxxxxxxxx614 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx32 M
Price To Book Value xxxxxxxxxxxxxxx1.20

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx39.7 M
Capex % of Sales xxxxxxxxxxxxxxx6.27 %
Cost of Goods Sold xxxxxxxxxxxxxxx499 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx37 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx3 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.3

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

3

xxxxx-xxxxxx

$xx.xx

xx.xx%

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Macquarie

20/08/2024

3

Downgrade to Neutral from Outperform

$1.56

27.87%

Macquarie was disappointed with the first half earnings from oOh!media, amid softer revenue from road and retail.

The broker concedes the trading outlook is more optimistic, as outdoor media continues to gain share, but suspects renewals and winning government contracts are diluting the margin.

The company is restructuring its GTM strategy and increasingly digitising the portfolio and announced new contract wins with annualised income benefits of $38m. Macquarie points out these are mostly council or government tenders that are typically lower margin.

Rating is downgraded to Neutral from Outperform and the target reduced to $1.56 from $2.28.

FORECAST
Macquarie forecasts a full year FY24 dividend of 4.70 cents and EPS of 9.30 cents.
Macquarie forecasts a full year FY25 dividend of 5.20 cents and EPS of 10.50 cents.

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Goldman Sachs

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Canaccord Genuity

21/05/2024

1

Buy

$1.90

55.74%

The first quarter trading update from oOh!media revealed a 1% lift in revenue, with Canaccord Genuity pointing out this is in line with the February update.

The analyst has modest revenue growth expectations for FY24, forecast at $651m, down -3% from previous estimates, reflecting a 2.7% year-on-year increase post the update.

The broker's EBITDA forecasts have also been adjusted downwards by -6% and EPS estimates are reduced by -12% due to higher finance expenses and operating leverage.

Buy rating unchanged and the target lowered to $1.90 from $2.

FORECAST
Canaccord Genuity forecasts a full year FY24 dividend of 5.00 cents and EPS of 10.00 cents.
Canaccord Genuity forecasts a full year FY25 dividend of 6.00 cents and EPS of 12.00 cents.
Access Extra Coverage Research History >

OML STOCK CHART

FNArena News on OML

1
ESG Focus: The Little Big Things – 08-10-2024

Oct 09 2024 - ESG Focus
2
Australian Broker Call *Extra* Edition – Sep 09, 2024

Sep 09 2024 - Daily Market Reports
3
Weekly Ratings, Targets, Forecast Changes – 23-08-24

Aug 26 2024 - Weekly Reports
4
Next Week At A Glance – 26-30 – Aug 2024

Aug 23 2024 - Weekly Reports
5
Australian Broker Call *Extra* Edition – Aug 22, 2024

Aug 22 2024 - Daily Market Reports

Latest Out of Home Advertising News

1
oOh!media: Positive Signals

Apr 03 2023 - Australia
2
Delayed Recovery Ahead For oOh!media

Aug 25 2021 - Small Caps
3
Treasure Chest: Opportunity In oOh!media

Aug 03 2021 - Treasure Chest
4
oOh!media Reaps As Domestic Travel Returns

Dec 14 2020 - Small Caps
5
RESEARCH: Swift Media, A Triple Play Of Growth Drivers 

Apr 30 2019 - FYI
6
APN Outdoor Outlook Improves Substantially

May 29 2018 - Australia
7
Merry-Go-Round In Outdoor Advertising

Oct 04 2017 - Australia
8
oOh!media On A Roll

Aug 15 2017 - Small Caps
9
Outdoor Media Growth Robust, But Slowing

Jun 06 2017 - Australia
10
Brighter Outlook For APN News & Media

Mar 21 2017 - Small Caps