Nexstar Financial Statements From 2010 to 2024
| NXZ Stock | EUR 149.75 2.30 1.51% |
Check Nexstar Media financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nexstar Media's main balance sheet or income statement drivers, such as , as well as many indicators such as . Nexstar financial statements analysis is a perfect complement when working with Nexstar Media Valuation or Volatility modules.
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Nexstar Media Group Company Return On Equity Analysis
Nexstar Media's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Nexstar Media Return On Equity | 0.33 |
Most of Nexstar Media's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nexstar Media Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Nexstar Media Group has a Return On Equity of 0.325. This is 90.97% lower than that of the Consumer Cyclical sector and 95.88% lower than that of the Broadcasting - TV industry. The return on equity for all Germany stocks is notably lower than that of the firm.
Nexstar Media Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nexstar Media's current stock value. Our valuation model uses many indicators to compare Nexstar Media value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nexstar Media competition to find correlations between indicators driving Nexstar Media's intrinsic value. More Info.Nexstar Media Group is regarded third in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.21 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nexstar Media Group is roughly 4.83 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nexstar Media's earnings, one of the primary drivers of an investment's value.About Nexstar Media Financial Statements
Nexstar Media stakeholders use historical fundamental indicators, such as Nexstar Media's revenue or net income, to determine how well the company is positioned to perform in the future. Although Nexstar Media investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nexstar Media's assets and liabilities are reflected in the revenues and expenses on Nexstar Media's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Nexstar Media Group. Please read more on our technical analysis and fundamental analysis pages.
Nexstar Media Group, Inc. operates as a television broadcasting and digital media company in the United States. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas. NEXSTAR MEDIA operates under Broadcasting - TV classification in Germany and is traded on Frankfurt Stock Exchange. It employs 8249 people.
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Other Information on Investing in Nexstar Stock
Nexstar Media financial ratios help investors to determine whether Nexstar Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nexstar with respect to the benefits of owning Nexstar Media security.