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How to buy Nine Entertainment Co (NEC) shares in Australia

Learn how to easily invest in Nine Entertainment Co shares.

Nine Entertainment Co is an entertainment business based in Australia. Nine Entertainment Co shares (NEC) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Nine Entertainment Co has a trailing 12-month revenue of around $2.7 billion. If you're looking to buy shares, check out the steps below.

How to buy shares in Nine Entertainment Co

To buy shares listed in Australia such as Nine Entertainment Co, you'll need to sign up to a broker with access to the ASX. Our table can help you compare share trading platforms and choose. Then follow these steps.

  1. Open and fund your brokerage account.
    Complete an application with your personal and financial details, including your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  2. Search for Nine Entertainment Co.
    Find the share by name or ticker symbol: NEC. Research its history to confirm it's a solid investment against your financial goals.
  3. Purchase now or later.
    Buy today with a market order or use a limit order to delay your purchase until Nine Entertainment Co reaches your desired price. Look into dollar-cost averaging to spread out your risk, which smooths out buying at consistent intervals and amounts.
  4. Decide on how many to buy.
    At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  5. Check on your investment.
    Congratulations, you own a part of Nine Entertainment Co. Optimise your portfolio by tracking how your stock and the business performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that affect your stock.

Nine Entertainment Co stock price (ASX:NEC)

Use our graph to track the performance of NEC stocks over time.

Nine Entertainment Co shares at a glance

Information last updated 2024-07-05.
52-week range$1.315 - $2.1082
50-day moving average $1.4426
200-day moving average $1.7563
Target price$1.95
PE ratio 22.1667
Dividend yield $0.09 (6.02%)
Earnings per share (TTM) $0.06

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
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Is it a good time to buy Nine Entertainment Co stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Nine Entertainment Co price performance over time

Historical closes compared with the last close of A$1.33

1 week (2024-06-27) -3.97%
1 month (2024-06-04) -6.34%
3 months (2024-04-04) -20.60%
6 months (2024-01-04) -33.00%
1 year (2023-07-05) -33.50%
2 years (2022-07-05) -29.26%
3 years (2021-07-05) -51.46%
5 years (2019-07-05) -33.33%

Is Nine Entertainment Co under- or over-valued?

Valuing Nine Entertainment Co stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Nine Entertainment Co's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Nine Entertainment Co's P/E ratio

Nine Entertainment Co's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 22x. In other words, Nine Entertainment Co shares trade at around 22x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Nine Entertainment Co's EBITDA

Nine Entertainment Co's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $420.3 million (£0.0 million).

The EBITDA is a measure of a Nine Entertainment Co's overall financial performance and is widely used to measure stock profitability.

Nine Entertainment Co financials

Revenue TTM $2.7 billion
Operating margin TTM 17.99%
Gross profit TTM $598.4 million
Return on assets TTM 6.04%
Return on equity TTM 6.01%
Profit margin 3.66%
Book value 1.046
Market capitalisation $2.1 billion

TTM: trailing 12 months

Nine Entertainment Co share dividends

We're not expecting Nine Entertainment Co to pay a dividend over the next 12 months.

Nine Entertainment Co share price volatility

Over the last 12 months, Nine Entertainment Co's shares have ranged in value from as little as $1.315 up to $2.1082. A popular way to gauge a stock's volatility is its "beta".

NEC.AU volatility(beta: 1.08)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (AU average) beta is 1, while Nine Entertainment Co's is 1.075. This would suggest that Nine Entertainment Co's shares are a little bit more volatile than the average for this exchange and represent, relatively speaking, a slightly higher risk (but potentially also market-beating returns).

Nine Entertainment Co overview

Nine Entertainment Co. Holdings Limited engages in the broadcasting and program production businesses across free to air television, video on demand, and metropolitan radio networks in Australia. It operates through Broadcasting, Digital and Publishing, Domain Group, and Stan segments. The company provides television services under the brands, including 9Network, Channel 9, 9Gem, 9Go!, 9Life, and 9Rush; video on demand platform under 9Now brand; radio stations under 2GB, 3AW, 4BC, and 6PR brands; and publishes newspapers, news-inserted magazines, digital, and events, as well as nine.com.au, a site of news, lifestyle, sport, and entertainment content. It also offers mastheads under The Sydney Morning Herald, The Age, The Australian Financial Review, Brisbane Times, WAtoday, The Sun-Herald, and The Sunday Age brands. In addition, it provides real estate media and technology services. Nine Entertainment Co. Holdings Limited was founded in 1956 and is headquartered in North Sydney, Australia.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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