Nexstar Media Group, Inc.

Nexstar Media Group, Inc.

NXSTยทNASDAQ

$181.52

+1.9%
Communication ServicesEntertainment

Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.

At a Glance

Live Snapshot
Market Cap$5.54B
EPS3.0400
P/E Ratio59.71
Earnings Date08/06/2026
Nexstar Media Group, Inc.

Nexstar Media Group, Inc. Fair Value Envelope

NXST ยท NASDAQ

Our analysis suggests that NXST has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $181.52, this represents a potential HIDDEN relative to our calculated worth for Nexstar Media Group, Inc..

Intrinsic Value
Current Price: $181.52

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

$
%
$
%
$
$

Projection Settings

Forecast period and terminal assumptions

%
%

DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$1.5B
+ Cash & Equivalents$280.0M
Firm Value$1.8B
- Debt$6.9B
Equity Value-$5.0B
/ Shares Outstanding30,326,192B
DCF Value-$166
OVERVALUED BY 192%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$599.1M
$402.8M
$270.9M
$182.1M
$122.5M
$82.3M
$55.4M
$37.2M
$25.0M
$16.8M
Maintenance CapEx
-$19.9M
-$13.4M
-$9.0M
-$6.1M
-$4.1M
-$2.7M
-$1.8M
-$1.2M
-$831.6K
-$559.2K
Owner Earnings
$579.2M
$389.5M
$261.9M
$176.1M
$118.4M
$79.6M
$53.5M
$36.0M
$24.2M
$16.3M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$536.3M
$333.9M
$207.9M
$129.4M
$80.6M
$50.2M
$31.2M
$19.4M
$12.1M
$7.5M
Terminal Value represents 8.3% of Enterprise Value