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

01 Sep
2025

0.050

OPEN

$0.82

6.25%

HIGH

$0.86

488,744

LOW

$0.81

TARGET
$0.67 -21.2% 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 7.0 xxx
Dividend Yield xxx N/A 11.8% xxx
Div Pay Ratio(%) xxx 122.0% 82.3% xxx

Dividend yield today if purchased 3 years ago: 4.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 5.00

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

-0.2

No. Of Recommendations

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

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Morgan Stanley

28/08/2025

5

Underweight

$0.65

-23.53%

Southern Cross Media reported FY25 adjusted earnings (EBITDA) up 34% to $71m, which was below consensus by -1%, according to Morgan Stanley.

FY26 guidance for earnings (EBITDA) is $78m-$83m against consensus at $73m, which was a positive surprise.

The analyst continues to be downbeat on the FM radio market, viewing it as having structural challenges, which has led to a more bearish view than consensus on the outlook for FM radio revenues and asset values, with a long-term Underweight rating on Southern Cross.

The radio ad market remains small, but the media company claims to be winning market share, with FM radio at around 85% of revenues.

Morgan Stanley confirms these results show the first positive year of earnings from the four-year start-up audio streaming business LiSTNR. EPS forecasts are upgraded for FY26/FY27.

FORECAST
Morgan Stanley forecasts a full year FY26 EPS of 9.30 cents.
Morgan Stanley forecasts a full year FY27 EPS of 8.70 cents.

Ord Minnett

xx/xx/xxxx

2

xxxxxxxxx xx xxxxxxxxxx xxxx xxx

-

xx.xx%

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Login above or Get a Free Trial
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

28/08/2025

1

Buy

$1.08

27.06%

Canaccord Genuity assesses Southern Cross Media's FY25 result as good with FY26 guidance signalling strong earnings growth and bid talk adding to the stock's attraction.

FY25 revenue was up 5% y/y and in line with the broker's forecast and consensus. EBITDA also met the broker's forecast but beat the consensus, and dividend was back (4c).

FY26 revenue guidance is for 3.7% y/y growth at mid-point and EBITDA is expected to grow 13% y/y. Revenue growth in Jul-Aug was described as modest, and needs to accelerate to meet FY26 guidance.

The broker cut FY26 revenue to match guidance range, and also trimmed EBITDA forecast.

Buy. Target unchaged at $1.08.

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
Next Week At A Glance – 1-5 Sept 2025

Aug 29 2025 - Weekly Reports
2
FNArena Corporate Results Monitor – 28-08-2025

Aug 28 2025 - Australia
3
Australian Broker Call *Extra* Edition – Aug 28, 2025

Aug 28 2025 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – May 12, 2025

May 12 2025 - Daily Market Reports
5
Next Week At A Glance – 12-16 May 2025

May 09 2025 - Weekly Reports

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