GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nine Entertainment Co. Holdings Ltd (ASX:NEC) » Definitions » Profitability Rank

Nine Entertainment Co. Holdings (ASX:NEC) Profitability Rank : 6 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Nine Entertainment Co. Holdings Profitability Rank?

Nine Entertainment Co. Holdings has the Profitability Rank of 6.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Nine Entertainment Co. Holdings's Operating Margin % for the quarter that ended in Dec. 2023 was 8.28%. As of today, Nine Entertainment Co. Holdings's Piotroski F-Score is 5.


Competitive Comparison of Nine Entertainment Co. Holdings's Profitability Rank

For the Entertainment subindustry, Nine Entertainment Co. Holdings's Profitability Rank, along with its competitors' market caps and Profitability Rank 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.


Nine Entertainment Co. Holdings's Profitability Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nine Entertainment Co. Holdings's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Nine Entertainment Co. Holdings's Profitability Rank falls into.



Nine Entertainment Co. Holdings Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Nine Entertainment Co. Holdings has the Profitability Rank of 6.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Nine Entertainment Co. Holdings's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=113.566 / 1371.33
=8.28 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Nine Entertainment Co. Holdings has an F-score of 5 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


Nine Entertainment Co. Holdings Profitability Rank Related Terms

Thank you for viewing the detailed overview of Nine Entertainment Co. Holdings's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Nine Entertainment Co. Holdings (ASX:NEC) Business Description

Traded in Other Exchanges
Address
1 Denison Street, Level 9, North Sydney, Sydney, NSW, AUS, 2060
Nine Entertainment operates Nine Network, a free-to-air TV network across five capital cities, as well as in regional Northern New South Wales and Darwin. It also owns 9Now, a leading broadcast video on demand operation in Australia. The merger with Fairfax combines Nine's top-ranked TV network and the second-largest newspaper group, topped with a collection of quality digital assets in Nine Digital, subscription video on demand operator Stan, and Fairfax's 60%-owned Domain. It ensures the merged entity remains prominent in the eyes of audiences and advertisers.

Nine Entertainment Co. Holdings (ASX:NEC) Headlines

No Headlines