Nexstar Broadcasting EBITDA vs. Net Income

NXST Stock  USD 169.15  1.61  0.96%   
Considering the key profitability indicators obtained from Nexstar Broadcasting's historical financial statements, Nexstar Broadcasting Group is performing exceptionally good at the present time. It has a great likelihood to showcase excellent profitability results in January. Profitability indicators assess Nexstar Broadcasting's ability to earn profits and add value for shareholders.
 
EBITDA  
First Reported
2010-12-31
Previous Quarter
1.8 B
Current Value
1.9 B
Quarterly Volatility
820.8 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Sales General And Administrative To Revenue is likely to gain to 0.29 in 2024, whereas Price To Sales Ratio is likely to drop 0.93 in 2024. At this time, Nexstar Broadcasting's Net Income Per E B T is comparatively stable compared to the past year.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.750.5692
Significantly Up
Slightly volatile
For Nexstar Broadcasting profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nexstar Broadcasting to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nexstar Broadcasting Group utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nexstar Broadcasting's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nexstar Broadcasting Group over time as well as its relative position and ranking within its peers.
  

Nexstar Broadcasting's Revenue Breakdown by Earning Segment

Check out Correlation Analysis.
Is Broadcasting space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nexstar Broadcasting. If investors know Nexstar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nexstar Broadcasting listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
6.529
Dividend Share
6.42
Earnings Share
17.24
Revenue Per Share
158.151
Quarterly Revenue Growth
0.207
The market value of Nexstar Broadcasting is measured differently than its book value, which is the value of Nexstar that is recorded on the company's balance sheet. Investors also form their own opinion of Nexstar Broadcasting's value that differs from its market value or its book value, called intrinsic value, which is Nexstar Broadcasting's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nexstar Broadcasting's market value can be influenced by many factors that don't directly affect Nexstar Broadcasting's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nexstar Broadcasting's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexstar Broadcasting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexstar Broadcasting's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Nexstar Broadcasting Net Income vs. EBITDA Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Nexstar Broadcasting's current stock value. Our valuation model uses many indicators to compare Nexstar Broadcasting value to that of its competitors to determine the firm's financial worth.
Nexstar Broadcasting Group is regarded second in ebitda category among its peers. It also is regarded second in net income category among its peers making up about  0.19  of Net Income per EBITDA. The ratio of EBITDA to Net Income for Nexstar Broadcasting Group is roughly  5.17 . At this time, Nexstar Broadcasting's EBITDA is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Nexstar Broadcasting by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Nexstar Net Income vs. EBITDA

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Nexstar Broadcasting

EBITDA

 = 

Revenue

-

Basic Expenses

 = 
1.79 B
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Nexstar Broadcasting

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
346 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.

Nexstar Net Income Comparison

Nexstar Broadcasting is currently under evaluation in net income category among its peers.

Nexstar Broadcasting Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Nexstar Broadcasting, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nexstar Broadcasting will eventually generate negative long term returns. The profitability progress is the general direction of Nexstar Broadcasting's change in net profit over the period of time. It can combine multiple indicators of Nexstar Broadcasting, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income1000 K1.1 M
Operating Income708 M743.4 M
Income Before Tax401 M219.4 M
Total Other Income Expense Net-307 M-291.6 M
Net Income346 M185 M
Income Tax Expense131 M137.6 M
Net Income From Continuing Ops348.5 M378.6 M
Non Operating Income Net Other137.6 M144.5 M
Net Income Applicable To Common Shares1.1 B1.2 B
Interest Income329.4 M182.6 M
Net Interest Income-435.6 M-457.4 M
Change To Netincome-125.4 M-119.1 M
Net Income Per Share 9.80  10.29 
Income Quality 2.89  3.03 
Net Income Per E B T 0.86  1.13 

Nexstar Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Nexstar Broadcasting. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nexstar Broadcasting position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nexstar Broadcasting's important profitability drivers and their relationship over time.

Use Nexstar Broadcasting in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nexstar Broadcasting position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nexstar Broadcasting will appreciate offsetting losses from the drop in the long position's value.

Nexstar Broadcasting Pair Trading

Nexstar Broadcasting Group Pair Trading Analysis

The ability to find closely correlated positions to Nexstar Broadcasting could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nexstar Broadcasting when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nexstar Broadcasting - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nexstar Broadcasting Group to buy it.
The correlation of Nexstar Broadcasting is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nexstar Broadcasting moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nexstar Broadcasting moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nexstar Broadcasting can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Nexstar Broadcasting position

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Outsourcing
Outsourcing Theme
Companies involved in providing outsourcing and staffing services to business across different domains. The Outsourcing theme has 32 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Outsourcing Theme or any other thematic opportunities.
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Additional Tools for Nexstar Stock Analysis

When running Nexstar Broadcasting's price analysis, check to measure Nexstar Broadcasting's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nexstar Broadcasting is operating at the current time. Most of Nexstar Broadcasting's value examination focuses on studying past and present price action to predict the probability of Nexstar Broadcasting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexstar Broadcasting's price. Additionally, you may evaluate how the addition of Nexstar Broadcasting to your portfolios can decrease your overall portfolio volatility.