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ARN Media Limited (A1N) Fair Value & Analysis

Communication Services · AU · Market cap A$75.1M

AM ARN Media Limited A1N · AU
PriceA$0.2450
Fair ValueA$0.5300
Upside+116.3%
Quality46/100
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Mixed Growth
Loss-making · -12.2% net margin
Low debt · generates free cash flow
5.00% dividend yield
Ranks above peers (10/14)
Narrow moat 22/100
Evidence: High Range A$0.2900 – A$0.5300 Share as image

Fair value as of: Jul 12, 2026

From 15 valuation models · updated 29 days ago

Fair value updated Jul 12, 2026, revised from A$0.2759 to A$0.5300 (+92.1%) since Jun 25, 2026. Share price +2.1% over the past month.

Below-average quality, screening 116% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (A$0.2900). The market is more pessimistic than our downside scenario.
  • Solid quality (46/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (A$0.2900 to A$0.5300) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

A$1.67 A$0.1800 Fair Value A$0.5300 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range A$0.1800 – A$1.67 · fair‑value band A$0.2900 – A$0.5300 · the A$0.2450 price screens below the A$0.5300 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

ARN Media Limited (A1N) currently trades at A$0.2450, while our model-based Fair Value estimate is A$0.5300, implying the stock looks roughly 116.3% undervalued today. The Quality Score stands at 46/100 (below-average quality), in the Communication Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, ARN Media Limited generated revenue of A$285M at a net margin of -12.2%. Revenue declined 13.0% year over year. It earns a return on equity of 2.3%. Net debt stands at A$128M. Fundamentals as of Jul 12, 2026

Our scenario range runs from A$0.2900 (bear case) to A$0.5300 (bull case); at A$0.2450, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 57% below its 52-week high and 53% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 12% fair-value upside, at 116%, A1N screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF A$1.95 A$2.46 A$3.22 80
Rev-Margin DCF A$0.9300 A$1.15 A$1.46 74
ROIC Compounder A$0.0100 A$0.0300 72
All 15 models by family
DCF Models
FCF DCF A$1.89 A$2.44 A$3.31 38
5Y Revenue Exit A$0.9300 A$1.09 A$1.32 39
5Y EBITDA Exit A$1.11 A$1.41 A$1.80 41
10Y Revenue Exit A$1.38 A$1.53 A$1.66 36
10Y EBITDA Exit A$1.48 A$1.69 A$1.90 37
Earnings-Based
EPV A$0.0100 A$0.0300 59
Dividend Discount
Gordon GGM A$0.1600 A$0.1700 A$0.1900 70
DDM Multi-Stage A$0.1600 A$0.1900 A$0.2200 61
Multiples
EV/EBIT A$0.1600 A$0.2800 A$0.4000 53
EV/EBITDA A$0.5000 A$0.7300 A$0.9700 54
EV/Revenue A$0.0700 A$0.1900 A$0.3100 43
Asset-Based
NCAV (Graham) A$0.3500 A$0.4600 A$0.6900 50
Growth DCF
Growth DCF A$1.95 A$2.46 A$3.22 80
Rev-Margin DCF A$0.9300 A$1.15 A$1.46 74
Economic Profit
ROIC Compounder A$0.0100 A$0.0300 72

Widest divergence: DCF Models (A$1.53) versus Earnings-Based (A$0.0100). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) A$285M
Revenue growth (YoY) -13.0%
Net margin -12.2%
Return on equity 2.3%
Free cash flow A$90.8M FY2025
P/E ratio 11.0
More key figures
Operating margin 6.5%
EPS (TTM) A$0.0200
Dividend yield 5.5%
EPS growth (YoY) -89.7%
Net debt A$128M FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 46/100

Of which business quality 47 · Market factors (momentum, volatility) 15

Profitability 16
Margins and returns on capital today
Quality Growth 5
Are margins and returns improving?
Cashflow 92
Earnings quality: real cash, not paper profit
Fin. Strength 25
Balance sheet, leverage, solvency risk
Investment 89
Disciplined investing over empire-building
Low Volatility 25
Calm price path (market factor)
Momentum 12
Price trend over the last 3–12 months (market factor)
52W Momentum 10
Distance to the 52-week high (market factor)
Net Issuance 67
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

ARN Media Limited, together with its subsidiaries, operates as a media and entertainment company in Australia and Hong Kong. The company offers metropolitan and regional radio broadcasters and home to the national KIIS and GOLD networks, as well as the youth radio network CADA.

Full company description

ARN Media Limited, together with its subsidiaries, operates as a media and entertainment company in Australia and Hong Kong. The company offers metropolitan and regional radio broadcasters and home to the national KIIS and GOLD networks, as well as the youth radio network CADA. It also provides digital music; on-demand radio; and streaming and podcasting platform under a long-term licence agreement with iHeart, as well as advertising services. The company was formerly known as HT&E Limited and changed its name to ARN Media Limited in May 2023. ARN Media Limited was incorporated in 1988 and is based in North Sydney, Australia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

ARN Media Limited reported revenue of A$285M in FY2025 versus A$225M in FY2021, a compound +6.1%/yr. Reported net income was −A$34.7M in FY2025.

Growth Quality 46/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
A$285M
Latest YoY
−22.0%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−6.1%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.6%
Revenue +6.1%/yr
FY21 A$225M
FY22 A$345M
FY23 A$334M
FY24 A$366M
FY25 A$285M
Net income
FY21 A$14.8M
FY22 −A$176M
FY23 −A$9.8M
FY24 A$3.9M
FY25 −A$34.7M

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Cite: Fair Value Calculator (2026). "ARN Media Limited Fair Value". https://www.fairvalue-calculator.com/stock/A1N

Peer Group

Broadcasting · 69 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 46 · Below median
Fair Value upside +116% · Top 25%
Return on equity (TTM) 2% · Above median
Return on assets 2% · Above median
Net margin (TTM) -12% · Bottom 25%
Operating margin (TTM) 6% · Above median
Revenue growth -13% · Bottom 25%
Dividend yield (TTM) 5.0% · Above median
Debt / equity 0.34× · Higher than median

Valuation Multiples vs Broadcasting median · lower = cheaper

P/E (TTM) 12.0× · Cheaper than 75% of peers
P/B 0.25× · Cheaper than 75% of peers
P/S (TTM) 0.19× · Cheaper than 75% of peers
P/FCF 0.6× · Cheaper than median
EV/EBITDA 3.7× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 36
FUTURE 0 · sector 0
PAST 9 · sector 3
HEALTH 83 · sector 96
DIVIDEND 100 · sector 47

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Broadcasting stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Nexstar Media Group NXST $183.71 $78.52 -57%
SES S.A SESG €7.46 €15.46 +107%
PT Elang Mahkota Teknologi Tbk, through its subsidiaries, EMTK 505.00 IDR 1,094 IDR +117%
MFE-Mediaforeurope N.V MFEB €3.64 €5.38 +48%
Jiangsu Broadcasting Cable Information Network Corporation 600959 ¥3.07 ¥1.14 -63%
Sun TV Network Limited SUNTV ₹489.20 ₹586.58 +20%
MBC Group 4072 20.06 SAR 19.56 SAR -2%
Beijing Gehua Catv Network Co 600037 ¥7.13 ¥3.64 -49%
PT Surya Citra Media Tbk, SCMA 206.00 IDR 229.91 IDR +12%
Zee Entertainment Enterprises Limited ZEEL ₹92.61 ₹53.22 -43%

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Frequently asked questions

Is ARN Media Limited (A1N) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of A$0.5300 versus a price of A$0.2450, about +116% (undervalued).
What is the fair value of A1N?
Our model-based fair value for ARN Media Limited is A$0.5300 (as of Jul 12, 2026), built from audited fundamentals. The current price is A$0.2450.
What is the quality score of A1N?
ARN Media Limited has a Quality Score of 46/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of ARN Media Limited (A1N)?
ARN Media Limited reported trailing-twelve-month revenue of about A$285M (latest available figure, as of Jul 12, 2026).
What is the net profit margin of A1N?
The net profit margin of ARN Media Limited is about -12.2%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does ARN Media Limited pay a dividend?
ARN Media Limited currently shows a dividend yield of about 5.45% relative to its recent price (as of Jul 12, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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