Seven West Media Ltd
SWM: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$4.40 | Cjd | Jcjtw |
Seven West Media: More Depressed Than During Depths of Covid-19
Shares in Seven West Media are trading at less than half of our AUD 0.40 fair value estimate. The no-moat-rated group has no shortage of uncertainties, from a stubbornly weak TV advertising backdrop to its curious involvement in the radio industry rationalization. However, at current prices, the market is even more pessimistic about Seven than when the covid-19 tornado first hit.