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Nexstar Media Group (Nexstar Media Group) E10 : $12.14 (As of Mar. 2024)


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What is Nexstar Media Group E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Nexstar Media Group's adjusted earnings per share data for the three months ended in Mar. 2024 was $5.160. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $12.14 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nexstar Media Group's average E10 Growth Rate was 14.50% per year. During the past 3 years, the average E10 Growth Rate was 27.20% per year. During the past 5 years, the average E10 Growth Rate was 32.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Nexstar Media Group was 203.70% per year. The lowest was 27.20% per year. And the median was 41.60% per year.

As of today (2024-05-27), Nexstar Media Group's current stock price is $158.25. Nexstar Media Group's E10 for the quarter that ended in Mar. 2024 was $12.14. Nexstar Media Group's Shiller PE Ratio of today is 13.04.

During the past 13 years, the highest Shiller PE Ratio of Nexstar Media Group was 816.71. The lowest was 12.21. And the median was 28.83.


Nexstar Media Group E10 Historical Data

The historical data trend for Nexstar Media Group's E10 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.

* Premium members only.

Nexstar Media Group E10 Chart

Nexstar Media Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.74 5.56 7.94 10.13 11.45

Nexstar Media Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 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 10.60 10.95 11.10 11.45 12.14

Competitive Comparison of Nexstar Media Group's E10

For the Entertainment subindustry, Nexstar Media Group's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio 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.


Nexstar Media Group's Shiller PE Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Nexstar Media Group's Shiller PE Ratio falls into.



Nexstar Media Group E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Nexstar Media Group's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.16/131.7762*131.7762
=5.160

Current CPI (Mar. 2024) = 131.7762.

Nexstar Media Group Quarterly Data

per share eps CPI Adj_EPS
201406 0.340 100.560 0.446
201409 0.480 100.428 0.630
201412 0.960 99.070 1.277
201503 0.400 99.621 0.529
201506 0.630 100.684 0.825
201509 0.540 100.392 0.709
201512 0.860 99.792 1.136
201603 0.690 100.470 0.905
201606 0.780 101.688 1.011
201609 0.780 101.861 1.009
201612 0.640 101.863 0.828
201703 0.130 102.862 0.167
201706 0.910 103.349 1.160
201709 0.980 104.136 1.240
201712 7.970 104.011 10.098
201803 1.010 105.290 1.264
201806 1.860 106.317 2.305
201809 2.120 106.507 2.623
201812 3.220 105.998 4.003
201903 1.150 107.251 1.413
201906 1.420 108.070 1.731
201909 -0.130 108.329 -0.158
201912 2.360 108.420 2.868
202003 3.300 108.902 3.993
202006 2.130 108.767 2.581
202009 4.080 109.815 4.896
202012 7.970 109.897 9.557
202103 4.420 111.754 5.212
202106 4.510 114.631 5.185
202109 3.900 115.734 4.441
202112 6.190 117.630 6.934
202203 5.990 121.301 6.507
202206 5.560 125.017 5.861
202209 7.300 125.227 7.682
202212 5.300 125.222 5.577
202303 2.970 127.348 3.073
202306 2.640 128.729 2.702
202309 0.700 129.860 0.710
202312 3.270 129.419 3.330
202403 5.160 131.776 5.160

Add all the adjusted EPS together and divide 10 will get our e10.


Nexstar Media Group  (NAS:NXST) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Nexstar Media Group's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=158.25/12.14
=13.04

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Nexstar Media Group was 816.71. The lowest was 12.21. And the median was 28.83.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Nexstar Media Group E10 Related Terms

Thank you for viewing the detailed overview of Nexstar Media Group's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Nexstar Media Group (Nexstar Media Group) Business Description

Traded in Other Exchanges
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 200 stations in 116 markets. Of its 200 full-power stations, 155 are affiliated with the four national broadcasters: CBS, Fox, NBC, and ABC. The 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number-two partner for NBC and number three for ABC. The firm has networks in 12 of the top 20 television markets and reaches over 68% of U.S. TV households. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, 75% of The CW, and a 31% stake in Food Network and Cooking Channel.
Executives
Blake Russell officer: Vice President, Marketing 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Thomas Carter officer: Senior Advisor 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Charles Thomas Mcmillen director 1103 SOUTH CAROLINA AVENUE, WASHINGTON DC 20003
D Geoffrey Armstrong director 5900 PRINCESS GARDEN PARKWAY, 7TH FL, LANHAM MD 20706
Gary Weitman officer: See Remarks 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Dana Zimmer officer: President, Distribution 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Sean Compton officer: President, Networks 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Jay M. Grossman director C/O ABRY PARTNERS, LLC, 888 BOYLSTON STREET, BOSTON MA 02199
Michael Biard officer: President & COO C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Lee Ann Gliha officer: EVP, Chief Financial Officer 545 E. JOHN CARPENTER FREEWAY, IRVING TX 75062
Perry A Sook director, officer: Chief Executive Officer 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Royce A. Wells director C/O YELP INC., 350 MISSION STREET, 10TH FLOOR, SAN FRANCISCO CA 94105
Rachel Morgan officer: EVP General Counsel 545 E. JOHN CARPENTER FREEWAY, IRVING TX 75062
Andrew Alford officer: See Remarks 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Brett Jenkins officer: Chief Technology Officer C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, STE 700, IRVING TX 75062