NXST Valuation

Nexstar Media Group Inc

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204.530

+3.4(1.690%)1D

Overview
Forecast
Valuation
Earnings

NXST Relative Valuation

NXST's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, NXST is overvalued; if below, it's undervalued.

Historical Valuation

Nexstar Media Group Inc (NXST) is now in the Overvalued zone, suggesting that its current forward PE ratio of 13.31 is considered Overvalued compared with the five-year average of 8.66. The fair price of Nexstar Media Group Inc (NXST) is between 109.77 to 175.26 according to relative valuation methord. Compared to the current price of 201.59 USD , Nexstar Media Group Inc is Overvalued By 15.03%.

Relative Value

Fair Zone

109.77-175.26

Current Price：201.59

15.03%

Overvalued

13.31

Trailing

Forward

7.84

EV/EBITDA

Nexstar Media Group Inc. (NXST) has a current EV/EBITDA of 7.84. The 5-year average EV/EBITDA is 6.92. The thresholds are as follows: Strongly Undervalued below 5.21, Undervalued between 5.21 and 6.07, Fairly Valued between 7.78 and 6.07, Overvalued between 7.78 and 8.63, and Strongly Overvalued above 8.63. The current Forward EV/EBITDA of 7.84 falls within the Overvalued range.

13.70

EV/EBIT

Nexstar Media Group Inc. (NXST) has a current EV/EBIT of 13.70. The 5-year average EV/EBIT is 11.30. The thresholds are as follows: Strongly Undervalued below 6.78, Undervalued between 6.78 and 9.04, Fairly Valued between 13.56 and 9.04, Overvalued between 13.56 and 15.82, and Strongly Overvalued above 15.82. The current Forward EV/EBIT of 13.70 falls within the Overvalued range.

1.24

Nexstar Media Group Inc. (NXST) has a current PS of 1.24. The 5-year average PS is 1.15. The thresholds are as follows: Strongly Undervalued below 0.80, Undervalued between 0.80 and 0.98, Fairly Valued between 1.33 and 0.98, Overvalued between 1.33 and 1.51, and Strongly Overvalued above 1.51. The current Forward PS of 1.24 falls within the Historic Trend Line -Fairly Valued range.

5.79

P/OCF

Nexstar Media Group Inc. (NXST) has a current P/OCF of 5.79. The 5-year average P/OCF is 4.63. The thresholds are as follows: Strongly Undervalued below 3.31, Undervalued between 3.31 and 3.97, Fairly Valued between 5.29 and 3.97, Overvalued between 5.29 and 5.95, and Strongly Overvalued above 5.95. The current Forward P/OCF of 5.79 falls within the Overvalued range.

7.22

P/FCF

Nexstar Media Group Inc. (NXST) has a current P/FCF of 7.22. The 5-year average P/FCF is 5.22. The thresholds are as follows: Strongly Undervalued below 3.19, Undervalued between 3.19 and 4.21, Fairly Valued between 6.23 and 4.21, Overvalued between 6.23 and 7.24, and Strongly Overvalued above 7.24. The current Forward P/FCF of 7.22 falls within the Overvalued range.

Nexstar Media Group Inc (NXST) has a current Price-to-Book (P/B) ratio of 2.70. Compared to its 3-year average P/B ratio of 2.34 , the current P/B ratio is approximately 15.67% higher. Relative to its 5-year average P/B ratio of 2.33, the current P/B ratio is about 15.79% higher. Nexstar Media Group Inc (NXST) has a Forward Free Cash Flow (FCF) yield of approximately 20.06%. Compared to its 3-year average FCF yield of 17.58%, the current FCF yield is approximately 14.16% lower. Relative to its 5-year average FCF yield of 17.23% , the current FCF yield is about 16.48% lower.

2.70

P/B

Median3y

2.34

Median5y

2.33

20.06

FCF Yield

Median3y

17.58

Median5y

17.23

Competitors Valuation Multiple

The average P/S ratio for NXST's competitors is 2.39, providing a benchmark for relative valuation. Nexstar Media Group Inc Corp (NXST) exhibits a P/S ratio of 1.24, which is -48.20% above the industry average. Given its robust revenue growth of -3.15%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

NXST.O

Nexstar Media Group Inc

Sirius XM Holdings Inc

Performance Decomposition

Market capitalization of NXST increased by 19.69% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 7.87 to 10.56.

The secondary factor is the Revenue Growth, contributed -3.15%to the performance.

Overall, the performance of NXST in the past 1 year is driven by P/E Change. Which is more unsustainable.

-3.15%

1.27B → 1.23B

Revenue Growth

-11.38%

8.35 → 7.40

Margin Expansion

34.22%

7.87 → 10.56

P/E Change

19.69%