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Nexstar Media Group (Nexstar Media Group) EV-to-EBIT

: 14.24 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nexstar Media Group's Enterprise Value is $12,060 Mil. Nexstar Media Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $847 Mil. Therefore, Nexstar Media Group's EV-to-EBIT for today is 14.24.

The historical rank and industry rank for Nexstar Media Group's EV-to-EBIT or its related term are showing as below:

NXST' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.13   Med: 14.01   Max: 40.01
Current: 14.24

During the past 13 years, the highest EV-to-EBIT of Nexstar Media Group was 40.01. The lowest was 8.13. And the median was 14.01.

NXST's EV-to-EBIT is ranked worse than
56.21% of 660 companies
in the Media - Diversified industry
Industry Median: 12.335 vs NXST: 14.24

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nexstar Media Group's Enterprise Value for the quarter that ended in Dec. 2023 was $12,030 Mil. Nexstar Media Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $847 Mil. Nexstar Media Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.04%.


Nexstar Media Group EV-to-EBIT Historical Data

The historical data trend for Nexstar Media Group's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nexstar Media Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.14 8.54 9.76 8.54 14.19

Nexstar Media Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.54 9.02 9.88 12.51 14.19

Competitive Comparison

For the Entertainment subindustry, Nexstar Media Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nexstar Media Group EV-to-EBIT Distribution

For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nexstar Media Group's EV-to-EBIT falls into.



Nexstar Media Group EV-to-EBIT Calculation

Nexstar Media Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=12059.786/847
=14.24

Nexstar Media Group's current Enterprise Value is $12,060 Mil.
Nexstar Media Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $847 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nexstar Media Group  (NAS:NXST) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Nexstar Media Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=847/12029.941075
=7.04 %

Nexstar Media Group's Enterprise Value for the quarter that ended in Dec. 2023 was $12,030 Mil.
Nexstar Media Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $847 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nexstar Media Group EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Nexstar Media Group's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Nexstar Media Group (Nexstar Media Group) Business Description

Traded in Other Exchanges
Address
545 E. John Carpenter Freeway, Suite 700, Irving, TX, USA, 75062
Nexstar is the largest television station owner/operator in the United States, with 200 stations in 116 markets. Of its 200 full-power stations, 155 are affiliated with the four national broadcasters: CBS, Fox, NBC, and ABC. The 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number-two partner for NBC and number three for ABC. The firm has networks in 12 of the top 20 television markets and reaches over 68% of U.S. TV households. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, 75% of The CW, and a 31% stake in Food Network and Cooking Channel.
Executives
Blake Russell officer: Vice President, Marketing 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Thomas Carter officer: Senior Advisor 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Charles Thomas Mcmillen director 1103 SOUTH CAROLINA AVENUE, WASHINGTON DC 20003
D Geoffrey Armstrong director 5900 PRINCESS GARDEN PARKWAY, 7TH FL, LANHAM MD 20706
Gary Weitman officer: See Remarks 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Dana Zimmer officer: President, Distribution 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Sean Compton officer: President, Networks 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Jay M. Grossman director C/O ABRY PARTNERS, LLC, 888 BOYLSTON STREET, BOSTON MA 02199
Michael Biard officer: President & COO C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Lee Ann Gliha officer: EVP, Chief Financial Officer 545 E. JOHN CARPENTER FREEWAY, IRVING TX 75062
Perry A Sook director, officer: Chief Executive Officer 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Royce A. Wells director C/O YELP INC., 350 MISSION STREET, 10TH FLOOR, SAN FRANCISCO CA 94105
Rachel Morgan officer: EVP General Counsel 545 E. JOHN CARPENTER FREEWAY, IRVING TX 75062
Andrew Alford officer: See Remarks 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Brett Jenkins officer: Chief Technology Officer C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, STE 700, IRVING TX 75062