SOUTHERN CROSS MEDIA GROUP LIMITED (SXL)
Share Price Analysis and Chart

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SXL

SXL - SOUTHERN CROSS MEDIA GROUP LIMITED

FNArena Sector : Print, Radio & TV
Year End: June
GICS Industry Group : Media
Debt/EBITDA: 3.96
Index:

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.85

28 Oct
2025

0.000

OPEN

$0.84

0.000

HIGH

$0.85

119,448

LOW

$0.83

TARGET
$0.71 -16.5% downside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
A1N . GTN . NEC . NWS . SKT . SWM .
FNARENA'S MARKET CONSENSUS FORECASTS
SXL: 1
Title FY24
Actual		 FY25
Actual		 FY26
Forecast		 FY27
Forecast
EPS (cps) xxx 3.3 12.2 xxx
DPS (cps) xxx 4.0 10.0 xxx
EPS Growth xxx N/A 100.0% xxx
DPS Growth xxx 100.0% 100.0% xxx
PE Ratio xxx N/A 6.8 xxx
Dividend Yield xxx N/A 12.1% xxx
Div Pay Ratio(%) xxx 122.0% 82.3% xxx

Dividend yield today if purchased 3 years ago: 4.15%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 4.85

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: 14/03 - ex-div 1c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 202020212022202320242025
EPS Basic xxxxxxxxxxxxxxx3.3
DPS All xxxxxxxxxxxxxxx4.0
Sales/Revenue xxxxxxxxxxxxxxx421.7 M
Book Value Per Share xxxxxxxxxxxxxxx88.5
Net Operating Cash Flow xxxxxxxxxxxxxxx51.3 M
Net Profit Margin xxxxxxxxxxxxxxx1.52 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 202020212022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx3.09 %
Return on Invested Capital xxxxxxxxxxxxxxx1.47 %
Return on Assets xxxxxxxxxxxxxxx0.93 %
Return on Equity xxxxxxxxxxxxxxx3.09 %
Return on Total Capital xxxxxxxxxxxxxxx6.13 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx49.2 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 202020212022202320242025
Short-Term Debt xxxxxxxxxxxxxxx8 M
Long Term Debt xxxxxxxxxxxxxxx218 M
Total Debt xxxxxxxxxxxxxxx227 M
Goodwill - Gross xxxxxxxxxxxxxxx73 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx35 M
Price To Book Value xxxxxxxxxxxxxxx0.60

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 202020212022202320242025
Capex xxxxxxxxxxxxxxx9.9 M
Capex % of Sales xxxxxxxxxxxxxxx2.35 %
Cost of Goods Sold xxxxxxxxxxxxxxx310 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx84 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

-0.5

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

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UBS

01/09/2025

3

Neutral

$0.77

-9.41%

UBS points to the positive pickup in market share against a backdrop of a soft ad market for Southern Cross Media in FY25.

Broadcast radio revenue was 5% above consensus, boosted by metro audio up 4% on the prior year. Digital audio was weaker, with 2H25 slowing to 19% annual growth due to May/June conditions post election.

A surprise 2c dividend was announced, marking the resumption of a capital payout after a 12-month pause.

UBS assumes better cost management and raises its EPS forecasts by 12% for FY26 and 10% for FY27, as well as lower assumed D&A. EPS estimates rise by 112% for FY26 and 93% for FY27.

Target price moves up by 11% to 77c from 69c previously. No change to Neutral rating, as the analyst believes it is too soon for a macro recovery.

FORECAST
UBS forecasts a full year FY26 dividend of 10.00 cents and EPS of 15.00 cents.
UBS forecasts a full year FY27 dividend of 10.00 cents and EPS of 15.00 cents.
Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

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

Canaccord Genuity

28/10/2025

1

Buy

$1.08

27.06%

Canaccord Genuity notes Southern Cross Media delivered a solid 1Q26 update, with revenue of $105.1m up 4.7% y/y and earnings (EBITDA) of $14m, a 129% increase.

The broker highlights disciplined cost management, with non-revenue-related expenses down -5.8% y/y, driving strong operating leverage and improved margins.

Metro radio share rose 1.8ppts to 29.8% and digital share increased 5ppts to 49%, while net debt declined to $63m.

FY26 guidance for EBITDA of $78–83m was reaffirmed, with 1Q performance tracking slightly ahead of expectations.

Canaccord Genuity maintains its Buy rating and $1.08 target, noting valuation support and continued operational momentum.

FORECAST
Canaccord Genuity forecasts a full year FY26 dividend of 8.00 cents and EPS of 10.00 cents.
Canaccord Genuity forecasts a full year FY27 dividend of 9.50 cents and EPS of 12.00 cents.
Access Extra Coverage Research History >

SXL STOCK CHART

FNArena News on SXL

1
Australian Broker Call *Extra* Edition – Oct 29, 2025

Oct 29 2025 - Daily Market Reports
2
Next Week At A Glance – 10-24 Oct 2025

Oct 17 2025 - Weekly Reports
3
Australian Broker Call *Extra* Edition – Oct 06, 2025

Oct 06 2025 - Daily Market Reports
4
Next Week At A Glance – 6-10 Oct 2025

Oct 03 2025 - Weekly Reports
5
Next Week At A Glance – 1-5 Sept 2025

Aug 29 2025 - Weekly Reports

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