Algo version: 0.98b
NZME Ltd is listed at the ASX Exchange
NZME Ltd [NZM.AX]
ASX Sector: Industry:Media & Entertainment

Is NZME Ltd stock a buy?

What Is The Conclusion?

Right now our advanced algorithms say:

Do the analyst corps agree?

Interesting Questions and Easy Answers!

Yes, NZME Ltd pays dividends. Last time was Wednesday 25th of September 2024 where the investors holding the stock on Thursday 12th of September 2024 were paid $0.03257164 per share. Over the last 13 times between 2016 and 2024, NZME Ltd has paid $0.50941264 with an average of $0.04 per share.

Sorry, we do not have any analyst data for this ticker

We cannot find data for NZME Ltd 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $0.410, you would have made a profit of $0.500 per share or 121.95%

No, the average daily trading liquidity for NZME Ltd is $243 341 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.

NZME Ltd has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.38, the company's ability to pay off the debt is normal. The company has a very low net profit margin of 3.75%, which is challenging.

We have calculated the inflation risk for NZME Ltd to be low [0.5 of 1]

US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.