NEC Shares Nine Entertainment Co. Holdings Limited
ASX · ASXLast in our picks 2026-10-26 — not in the current list; analysis below is from that screen
Cyclical advertising recovery and cost savings provide rerating potential at modest valuation.
Future value: $1.24 (+85.57%) · 6-12 months · analyst consensus
Signal breakdown
- ▸Advertising rebound and turnaround positioning
- ▾Below 50-day MA (-15.34%)
- ▾Near 52-week low (9.1% of range)
- ▸~86% upside to price target
Is NEC a buy right now?
Trend: NEC is trading below the 50-day average (-14.10%), RSI 22 — oversold territory, with a 3-month return of -31.28%.
Valuation & quality: Nine Entertainment Co. Holdings Limited trades on forward P/E 6.9, price-to-book 0.90; fundamentals show net margin 23.3%, return on equity -22.9%, revenue growth 11.3% year on year.
Analyst consensus: 9 analysts have a mean 12-month price target of A$1.24 (+85.6% vs the last close; range A$0.79 – A$2.00), consensus rating “none”.
Income: trailing dividend yield 11.03%.
Our screen: BUY (score 3) — Cyclical advertising recovery and cost savings provide rerating potential at modest valuation.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| -7.60% | -2.10% | +0.00% | -7.40% | +9.10% | +0.00% | -28.10% | -2.90% |
Fundamentals
Analyst price target
Technical signals
About Nine Entertainment Co. Holdings Limited
Nine Entertainment Co. Holdings Limited engages in the broadcasting and program production on free to air television, broadcast video on demand, and subscription video on demand in Australia. The company operates through Streaming & Broadcast, Publishing, and Outdoor segments.
Sector: Communication Services · Industry: Entertainment · Australia · Website
Related Communication Services picks
Browse: all ASX stocks · Communication Services picks · today's movers
Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.