Added to YB: 2025-01-21
Pitch date: 2025-01-20
NZM.NZ [bullish]
NZME Limited
+19.3%
current return
Author Info
Fundamental Goob is an analyst on UK, AU, NZ and US equities who shares insights in their newsletter. Sign up for the newsletter.
Company Info
NZME Limited, together with its subsidiaries, engages in the integrated media and entertainment business in New Zealand.
Market Cap
NZD 218.6M
Pitch Price
NZD 0.99
Price Target
1.50 (+27%)
Dividend
7.76%
EV/EBITDA
7.61
P/E
-13.50
EV/Sales
0.93
Sector
Media
Category
turnaround
New Zealand Economic Recovery: Trade Basket - NZME Limited
NZM.NZ: Legacy media co. w/ publishing, radio, & OneRoof property portal. 2/3 rev from ads, cyclical recovery play. OneRoof potential #2 portal vs Trade Me. Digital subs growing 12%, print declining. Smart money investors. 2025 economic recovery could boost earnings. $1.50/sh potential value. Risks: execution, ad revenue volatility.
Read full article (5 min)