@leasx
Hi,
I was wondering if you ever had a look at NZME (leader for radio and publishing in NZ).
Quite comparable to News corp, in term of business portfolio with 3 businesses : radio, publishing and real estate classified.
Main difference is that the classified business is a very small part for NZME.
Like NWS, NZME had a good resistance in FY 20 due to strong cost cutting and focus on digitalization and subscription.
Whatever way you look at it, NZME is really cheap. For ex. EV/EBITDA of 3.4 x (if we exclude wage subsidies).
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Last
$51.61 |
Change
-0.300(0.58%) |
Mkt cap ! $1.864B | |||
| Open | High | Low | Value | Volume |
| $51.88 | $51.88 | $51.13 | $1.922M | 37.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12 | $51.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $51.62 | 56 | 2 |
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| Last trade - 14.45pm 30/07/2025 (20 minute delay) ? |
| NWS (ASX) Chart |