NMG - Nation Media Group
Nation Media Group, founded in 1959 by Aga Khan, is a Kenyan company engaged in the printing, publication, and distribution of newspapers and magazines; also radio and television broadcasting in the East African countries of Kenya, Uganda, Rwanda, and Tanzania through its subsidiaries and associate companies. The company, currently the largest independent media house in East and Central Africa, is active under such brands as Business Daily, The Daily Nation, Easy FM, K FM, The Daily Monitor, NTV, NTV Uganda, Q FM, Taifa Leo, and the East African.
Nation Media Group operates through its subsidiaries including Nation Marketing & Publishing Limited, Monitor Publications Limited, Mwananchi Communications Limited, Nation Holdings Tanzania Limited, Africa Broadcasting Uganda Limited, Nation Holdings Rwanda Limited, and other non-trading entities. The company's popular papers Daily Nation and Sunday Nation were first printed in 1960.
Nation Media Group is listed on the Nairobi Securities Exchange (NSE). Nation Media is traded on the NSE under the ticker symbol “NMG”. The International Securities Identification Number (ISIN) of NSE:NMG is KE0000000380. Nation Media Group is currently the 34th most valuable stock on the NSE with a market capitalization of KES 2.95 billion, which is about 0.163% of the Nairobi Securities Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | 14.30 |
| Day’s Low Price | 14.30 |
| Day’s High Price | 14.30 |
| Traded Volume | 800 |
| Number of Deals | 3 |
| Gross Turnover | 11,440.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 207M |
| Market Capitalization | 2.95B |
NMG Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -4.38% | -5.33% | -3.4% |
| 6MO | 1YR | YTD |
|---|---|---|
| -35.5% | -29.5% | -29.2% |
The current share price of Nation Media Group (NMG) is KES 14.30. NMG closed its last trading day (Thursday, November 14, 2024) at 14.20 KES per share on the Nairobi Securities Exchange (NSE), recording a 1.4% drop from its previous closing price of 14.40 KES. Nation Media began the year with a share price of 20.05 KES but has since lost 29.2% off that price valuation, ranking it 60th on the NSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that NMG has lost 5% of the stock’s value from October 15th to date.
Nation Media Group is the 36th most traded stock on the Nairobi Securities Exchange over the past three months (Aug 15 - Nov 14, 2024). NMG has traded a total volume of 729,200 shares—in 376 deals—valued at KES 10.6 million over the period, with an average of 11,575 traded shares per session. A volume high of 155,100 was achieved on October 25th, and a low of 200 on September 18th, for the same period. The table below details the last 10 trading days of activity of Nation Media on the Nairobi Securities Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2024-11-14 | 25,800 | 14.20 | -0.20 | -1.39% |
| 2024-11-13 | 42,300 | 14.40 | +0.25 | +1.77% |
| 2024-11-12 | 31,500 | 14.15 | -0.30 | -2.08% |
| 2024-11-11 | 5,900 | 14.45 | -0.30 | -2.03% |
| 2024-11-08 | 4,800 | 14.75 | -0.10 | -0.67% |
| 2024-11-07 | 1,200 | 14.85 | +0.40 | +2.77% |
| 2024-11-06 | 200 | 14.45 | +0.10 | +0.70% |
| 2024-11-05 | 2,600 | 14.35 | +0.25 | +1.77% |
| 2024-11-04 | 30,200 | 14.10 | ||
| 2024-10-31 | 12,000 | 14.10 |
Profile of Nation Media Group
Nation Media Group operates in the Consumer Services sector, specifically, the Media industry.
Factsheet of Nation Media Group
- Sector
- Consumer Services
- Industry
- Media
- Address
- Nation Centre, Kimathi Street, PO Box 49010-00100 GPO, Nairobi, Kenya
- Telephone
- +254-20-328-8000, +254-719-038-000, +254-732-038-000
NMG Industrial Market Competitors
Nation Media Group, issuers of the NMG stock on the Nairobi Securities Exchange, have a number of market competitors who are also engaged in the Consumer Services sector and/or Media industry. The table below presents an overview of the market standing of the top nine by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| HBE | Homeboyz Entertainment | 295M | 4.66 | |
| UCHM | Uchumi Supermarket Limited | 69.3M | 0.19 | +11.8% |
| SCAN | ScanGroup Limited | 959M | 2.22 | +1.83% |
| LKL | Longhorn Publishers Limited | 648M | 2.38 | -1.24% |
| XPRS | Express Kenya Limited | 166M | 3.47 | -6.22% |
| CGEN | Car and General Kenya Limited | 904M | 22.55 | -9.8% |
| TPSE | TPS Eastern Africa Serena Limited | 2.69B | 14.75 | -10.3% |
| NBV | Nairobi Business Ventures Ltd | 1.13B | 2.30 | -14.8% |
| SGL | Standard Group Limited | 482M | 5.90 | -23.8% |
