NXST (Nexstar Media Group) ROCE %: 8.11% (As of Mar. 2026)


NXST Nexstar Media Group Inc NXST
85 GF Score
Price $161.73
GF Value $219.75
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Nexstar Media Group ROCE %?

Nexstar Media Group NXST -3.72% 85 ROCE % is 8.11% as of Mar. 2026. GuruFocus rates NXST with a GF Score™ of 85/100 and a GF Value™ of $219.75 (Modestly Undervalued). The stock has 8 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Nexstar Media Group's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.11%.

Nexstar Media Group  (NAS:NXST) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Nexstar Media Group ROCE % Related Terms

Nexstar Media Group ROCE % Historical Data

* Premium members only.

The historical data trend for Nexstar Media Group's ROCE % 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.

Nexstar Media Group ROCE % Chart

Nexstar Media Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.94 12.81 7.41 12.87 5.08

Nexstar Media Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial 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 8.83 8.60 7.23 -4.77 8.11
NXST
85GF Score
Nexstar Media Group Inc NXST
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nexstar Media Group ROCE % Calculation

Nexstar Media Group's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=529/( ( (11468 - 783) + (10846 - 711) )/ 2 )
=529/( (10685+10135)/ 2 )
=529/10410
=5.08 %

Nexstar Media Group's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1092/( ( (10846 - 711) + (18103 - 1299) )/ 2 )
=1092/( ( 10135 + 16804 )/ 2 )
=1092/13469.5
=8.11 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 8.11% mean?
Nexstar Media Group (NXST) has a ROCE % of 8.11% as of Mar. 2026.
Is Nexstar Media Group's ROCE % too high?
Nexstar Media Group's current ROCE % is 8.11%. The Media - Diversified industry median ROCE % is 3.10. Nexstar Media Group's value of 8.11% is 161.6% above this industry median. Overall, Nexstar Media Group has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nexstar Media Group's ROCE % compare to NMAX and SBGI?
Nexstar Media Group's ROCE % of 8.11% can be compared against companies in the Media - Diversified industry. The industry median ROCE % is 3.10. Nexstar Media Group's value of 8.11% is 161.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Media - Diversified company?
The median ROCE % among Media - Diversified companies is 3.10, based on 988 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nexstar Media Group's current ROCE % of 8.11% is 161.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Media - Diversified industry, the median ROCE % is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexstar Media Group's current ROCE % is 8.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexstar Media Group stock overvalued right now?
Based on GuruFocus' analysis, Nexstar Media Group (NXST) is currently considered Modestly Undervalued. The stock's GF Value™ is $219.75, compared to a current price of $161.73 — trading 26.4% below its estimated fair value. The current ROCE % is 8.11% and 161.6% above the Media - Diversified industry median of 3.10. Nexstar Media Group's overall GF Score™ is 85/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Nexstar Media Group (NXST), the current ROCE % is 8.11% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nexstar Media Group (NXST) Overvalued in 2026?

Based on GuruFocus' analysis, Nexstar Media Group stock appears to be undervalued. The current stock price of $161.73 is trading 26.4% below its estimated GF Value™ of $219.75. GuruFocus considers Nexstar Media Group to be Modestly Undervalued.

Key valuation signals for NXST:

  • ROCE %: 8.11%
  • GF Value™: $219.75 vs. price of $161.73 (26.4% below fair value)
  • GF Score™: 85/100 with 8 warning signs
  • Industry Position: 161.6% above the Media - Diversified median

No single metric tells the full story. See the NXST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nexstar Media Group Business Description

Other Exchanges 1NXST:ItalyNXZ:Germany
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 over 200 stations in 116 markets, reaching 220 million people. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. Assuming its merger with Tegna is affirmed Nexstar's station total would exceed 259 and reach 80% of the US population. Nexstar also owns NewsNation (formerly WGN), a cable news network, 75% of the fifth national broadcaster, the CW, and a 31% stake in Food Network and Cooking Channel.
85GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$161.73
Price
$219.75
GF Value