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NZME Limited (NZM) Fair Value & Analysis

Communication Services · AU · Market cap A$179M

NL NZME Limited NZM · AU
PriceA$0.8950
Fair ValueA$1.53
Upside+70.9%
Quality95/100
Evidence: High Range A$1.15 – A$1.91

Fair value as of: Jun 24, 2026

From 22 valuation models · updated 6 days ago

Share price −7.0% over the past month.

Price vs Fair Value (12 months)

A$1.06 A$0.8647 Fair Value A$1.53 Jun 2025 Jun 2026

12‑month range A$0.8647 – A$1.06 · fair‑value band A$1.15 – A$1.91 · the A$0.8950 price screens below the A$1.53 fair value. As of Jun 24, 2026.

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Analysis

NZME Limited (NZM) currently trades at A$0.8950, while our model-based Fair Value estimate is A$1.53 — implying the stock looks roughly 70.9% undervalued today. We read business quality at 95/100 (high 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, NZME Limited generated revenue of A$341M at a net margin of 3.8%. Revenue grew 0.1% year over year. It earns a return on equity of 13.2%. Net debt stands at A$144M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) A$341M
Revenue growth (YoY) +0.1%
Net margin 3.8%
Return on equity 13.2%
Free cash flow A$46.5M FY2025
P/E ratio 15.8
More key figures
Operating margin 11.0%
EPS (TTM) A$0.0600
Dividend yield 9.8%
EPS growth (YoY) -22.6%
Net debt A$144M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

NZME Limited, together with its subsidiaries, engages in the integrated media and entertainment business in New Zealand. It operates through three segments: Audio, Publishing, and OneRoof. The company operates terrestrial radio stations, digital iHeartRadio, podcasts, and radio brand websites; print publications and digital news websites, including nzherald.co.nz. and BusinessDesk; oneroof.co.nz website; and real estate print publications. It also provides event services. The company was formerly known as Wilson & Horton Limited. The company was incorporated in 2001 and is headquartered in Auckland, New Zealand.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

NZME Limited reported revenue of A$341M in FY2025 versus A$349M in FY2021, a compound −0.5%/yr. Reported net income was A$13.1M in FY2025, compounding −21.6%/yr from FY2021.

Revenue −0.5%/yr
FY21 A$349M
FY22 A$355M
FY23 A$341M
FY24 A$346M
FY25 A$341M
Net income −21.6%/yr
FY21 A$34.6M
FY22 A$23.4M
FY23 A$12.8M
FY24 −A$16.0M
FY25 A$13.1M

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Similar stocks

6 more Entertainment stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Netflix, Inc NFC €74.03 €35.48 -52%
The Walt Disney Company DIS C$11.30 C$7.61 -33%
Warner Bros. Discovery, Inc WBD $26.95 $10.35 -62%
Universal Music Group UMG €18.38 €14.73 -20%
TKO Group TKO $197.26 $48.15 -76%
Live Nation Entertainment, Inc LYV $160.07 $45.60 -72%

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Frequently asked questions

Is NZME Limited (NZM) undervalued?
As of Jun 24, 2026, our model estimates a fair value of A$1.53 versus a price of A$0.8950 — about +71% (undervalued). Model-based estimate, not financial advice.
What is the fair value of NZM?
Our 21-model fair value for NZME Limited is A$1.53 (as of Jun 24, 2026), built from audited fundamentals. The current price is A$0.8950.
What is the quality score of NZM?
NZME Limited has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of NZME Limited (NZM)?
NZME Limited reported trailing-twelve-month revenue of about A$341M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of NZM?
The net profit margin of NZME Limited is about 3.8%, meaning it keeps roughly 3.8% of revenue as net income. Based on the latest reported figures.
Does NZME Limited pay a dividend?
NZME Limited currently shows a dividend yield of about 9.78% relative to its recent price (as of Jun 24, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.