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

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SXL - SOUTHERN CROSS MEDIA GROUP LIMITED

FNArena Sector : Print, Radio & TV
Year End: June
GICS Industry Group : Media
Debt/EBITDA: 3.49
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.955

28 Feb
2024

-0.015

OPEN

$0.96

-1.55%

HIGH

$0.98

202,319

LOW

$0.95

TARGET
$1.01 5.8% upside
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 FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx N/A 8.4 xxx
DPS (cps) xxx N/A 6.5 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 11.0 xxx
Dividend Yield xxx N/A 7.0% xxx
Div Pay Ratio(%) xxx N/A 77.2% xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.00

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: 01/09 - ex-div 2.2c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx7.7
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx504.0 M
Book Value Per Share xxxxxxxxxxxxxxx181.4
Net Operating Cash Flow xxxxxxxxxxxxxxx46.1 M
Net Profit Margin xxxxxxxxxxxxxxx3.79 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx4.27 %
Return on Invested Capital xxxxxxxxxxxxxxx2.76 %
Return on Assets xxxxxxxxxxxxxxx1.82 %
Return on Equity xxxxxxxxxxxxxxx4.27 %
Return on Total Capital xxxxxxxxxxxxxxx5.98 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx11.1 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 xxxxxxxxxxxxxxx7 M
Long Term Debt xxxxxxxxxxxxxxx240 M
Total Debt xxxxxxxxxxxxxxx247 M
Goodwill - Gross xxxxxxxxxxxxxxx362 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx13 M
Price To Book Value xxxxxxxxxxxxxxx0.48

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx24.8 M
Capex % of Sales xxxxxxxxxxxxxxx4.92 %
Cost of Goods Sold xxxxxxxxxxxxxxx358 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx104 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx7 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

0.0

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

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Macquarie

31/10/2023

3

Neutral

$0.90

-5.76%

Southern Cross Media's 1Q AGM trading update was better than Macquarie expected with steady broadcast radio revenues. 

The company increased its cost-out program to -$15m from -$10m, the majority of which will be achieved in the 2H of FY24, observes the broker.

ARN Media (A1N) and Anchorage Capital have launched a non-binding indicative cash and scrip offer to buy the balance of the shares they don't already own in the company. 

Macquarie feels another bid is likely, though it may come in the form of a cash offer rather than a substantially higher overall bid.

The broker's target rises to 90c from 81c reflecting the current implied bid price.

FORECAST
Macquarie forecasts a full year FY24 dividend of 6.40 cents and EPS of 8.60 cents.
Macquarie forecasts a full year FY25 dividend of 9.40 cents and EPS of 12.60 cents.

UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

SXL STOCK CHART