Added to YB: 2026-09-04
Pitch date: 2026-09-02
NEC.AX [neutral]
Nine Entertainment Co. Holdings Limited
+4.17%
current return
Author Info
No bio for this author
Company Info
Nine Entertainment Co. Holdings Limited engages in the broadcasting and program production on free to air television, broadcast video on demand, and subscription video on demand in Australia.
Market Cap
AUD 1.5B
Pitch Price
AUD 0.96
Price Target
N/A
Dividend
7.77%
EV/EBITDA
10.19
P/E
-4.57
EV/Sales
1.42
Sector
Media
Category
value
Nine: Hidden Asset, AI Beneficiary and A Takeover
NEC.AX (pass): Nine Entertainment’s legacy TV and publishing assets obscure Stan, which grew FY2026 revenue 16% and EBITDA 34% and is estimated at AUD1.9bn versus Nine’s AUD1.54bn market capitalisation. AI licensing and the News Bargaining Incentive offer additional high-margin revenue, while WIN Group’s rising 27% economic interest raises takeover potential. However, systemic misconduct and cover-up findings make governance acceptability the key unresolved issue before considering a long.
Read full article (4 min)