NMAX vs FOXA vs NXST Stock Comparison

Newsmax, Fox and Nexstar Media Prices as of Oct 27, 2026 Peers: Industry group
NMAX Newsmax Inc.
$7.96 -26.7% 1M -22.3% 1Y
Market cap
$1.02B
P/E
–
Revenue (TTM)
$198.07M
Div. yield
–
Television Broadcasting Communication Services
FOXA Fox Corp
$64.53 +2.3% 1M +5.3% 1Y
Market cap
$27.39B
P/E
16.3x
Revenue (TTM)
$17.13B
Div. yield
–
Television Broadcasting Communication Services
9 wins
NXST Nexstar Media Group, Inc.
$166.26 +2.6% 1M -12.8% 1Y
Market cap
$5.05B
P/E
26.9x
Revenue (TTM)
$5.88B
Div. yield
0.04%
Television Broadcasting Communication Services
2 wins

Head to Head

11 decided of 12

Fox leads on 9 of the 12 questions below (Fox 9, Nexstar Media 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNMAXFOXANXSTLeader
Larger companyMarket capitalisation $1.02B $27.39B $5.05B FOXA
Cheaper on earningsLower P/E, profitable companies only -12.8x 16.3x 26.9x FOXA
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 11.4x 5.0x NXST
Faster revenue growthRevenue growth, trailing twelve months +8.3% +5.1% +10.5% NXST
More profitableNet margin, trailing twelve months -40.1% 9.8% 3.2% FOXA
Better return on capitalReturn on invested capital — 9.6% 5.8% FOXA
Less leveragedLower net debt / EBITDA — 0.9x 8.3x FOXA
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.04% –
Better 1-year returnPrice return, last 12 months -22.3% +5.3% -12.8% FOXA
Better 5-year returnAnnualised price return, 5 years — +9.6%/yr +2.1%/yr FOXA
Less volatileAnnualised volatility, 1 year 77.7% 36.4% 36.6% FOXA
Higher overall scoreMean of the five percentile scores vs peers 32/100 66/100 50/100 FOXA

Percentile Scorecard

NMAXFOXANXST

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisNMAXFOXANXST
Valuation 2 #52 of 53 52 #26 of 53 65 #19 of 53
Growth 51 #22 of 44 40 #27 of 44 28 #32 of 44
Profitability 12 #37 of 42 88 #6 of 42 73 #12 of 42
Financial Health 63 #23 of 61 82 #12 of 61 37 #39 of 61
Shareholder Returns – 68 #9 of 26 48 #14 of 26
Overall 32 66 50
  • NMAX ranked among 61 companies in Advertising and Media
  • FOXA ranked among 61 companies in Advertising and Media
  • NXST ranked among 61 companies in Advertising and Media

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodNMAXFOXANXSTSPY
1 month -26.7%+2.3%+2.6% -0.2%
3 months -0.1%+11.8%-14.2% +3.9%
6 months +32.7%+2.2%-18.6% +8.2%
Year to date +3.0%-11.7%-18.1% +12.9%
1 year -22.3%+5.3%-12.8% +12.3%
3 years —+119.2%+22.7% +87.4%
3 years, per year —+29.9%+7.1% +23.3%
5 years —+58.3%+10.9% +67.9%
5 years, per year —+9.6%+2.1% +10.9%
10 years ——+243.5% +261.1%
10 years, per year ——+13.1% +13.7%

Risk

MeasureNMAXFOXANXSTSPY
Volatility, 1Y 77.7%36.4%36.6% 12.7%
Downside volatility, 1Y 79.5%41.5%37.8% 12.7%
Beta vs S&P 500, 1Y 1.64-0.030.44 1.00
Return / volatility, 1Y -0.290.15-0.35 0.97
Max drawdown, 5Y -97.8%-36.0%-39.0% -25.4%
From 52-week high -30.4%-15.2%-34.5% -1.2%
52-week high $11.43$76.11$253.64 $779.14
52-week low $5.16$48.79$154.70 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleNMAXFOXANXST
P/E now vs peer median -12.9xmedian 18.4x 16.5xmedian 18.4x 27.1xmedian 18.4x
P/S now vs peer median 5.2xmedian 0.6x 1.6xmedian 0.6x 0.9xmedian 0.6x
EV/EBITDA now vs peer median -12.2xmedian 10.5x 11.2xmedian 10.5x 11.9xmedian 10.5x
P/FCF now vs peer median —median 9.0x 18.9xmedian 9.0x 6.9xmedian 9.0x
P/B now vs peer median 9.0xmedian 1.5x 2.4xmedian 1.5x 2.3xmedian 1.5x
PEG now vs peer median —median 0.44 0.91median 0.44 -0.85median 0.44

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsNMAXFOXANXST
Revenue $198.07M $17.13B $5.88B
Gross profit $78.29M – $3.21B
Operating income -$86.98M – $1.04B
Net income -$79.40M $1.73B $168.00M
Free cash flow – $1.47B $743.00M
EPS (diluted) $-0.61 $3.84 $6.08
Cash & equivalents $25.88M $4.21B $218.00M
Total debt – $6.61B $11.74B
Shares (diluted) 129.29M 439.00M 30.91M
Enterprise value $920.87M $13.20B $3.88B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricNMAXFOXANXST
P/E -12.9x 16.5x 27.1x
P/FCF – 18.9x 6.9x
P/Operating cash flow – 14.1x 5.7x
P/S 5.2x 1.6x 0.9x
P/B 9.0x 2.4x 2.3x
P/Tangible book 9.0x 3.1x -1.8x
EV/EBITDA -12.2x 11.2x 11.9x
EV/EBIT -11.5x 13.3x 15.9x
EV/Revenue 5.0x 1.8x 2.8x
EV/FCF – 20.6x 22.4x
EV/Operating cash flow – 15.3x 18.6x
PEG (3Y EPS CAGR) – 0.91 -0.85

Growth

14 metrics
MetricNMAXFOXANXST
Revenue growth (1Y) 8.3% 5.1% 10.5%
Revenue CAGR (3Y) – 4.7% 3.8%
Gross profit growth (1Y) -4.1% – 4.0%
Gross profit CAGR (3Y) – – 0.5%
Operating income growth (1Y) 14.9% – -11.9%
Operating income CAGR (3Y) – – 0.4%
Net income growth (1Y) 27.2% -24.7% -71.9%
Net income CAGR (3Y) – 11.3% -35.6%
EPS growth (1Y) 27.7% -21.8% -70.7%
EPS CAGR (3Y) – 18.0% -31.9%
Operating cash flow growth (1Y) – -40.7% -35.3%
Operating cash flow CAGR (3Y) – 3.1% -11.1%
Free cash flow growth (1Y) – -51.0% -40.7%
Free cash flow CAGR (3Y) – 0.6% -12.3%

Profitability

14 metrics
MetricNMAXFOXANXST
Gross margin 39.5% – 54.6%
EBITDA margin -41.2% 15.7% 23.7%
Operating margin -43.9% – 17.8%
Pretax margin -40.1% 13.3% 3.6%
Net margin -40.1% 9.8% 3.2%
FCF margin – 8.6% 12.6%
Operating cash flow margin – 11.5% 15.2%
Return on equity -72.4% 15.1% 8.3%
Return on assets -33.8% 7.8% 1.0%
Return on invested capital – 9.6% 5.8%
Return on capital employed -57.8% 11.7% 6.3%
Asset turnover 0.8x 0.8x 0.3x
Cash conversion (OCF / net income) – 1.1x 5.3x
Stock comp / revenue – 0.8% 1.7%

Financial Health

11 metrics
MetricNMAXFOXANXST
Debt / assets – 29.4% 66.3%
Debt / equity – 0.6x 5.2x
Net debt / EBITDA – 0.9x 8.3x
Debt / FCF – 4.5x 15.8x
Liabilities / assets 50.9% 47.8% 87.2%
Equity / assets 49.1% 52.2% 12.8%
Interest coverage -4,632x – 2.1x
Current ratio 2.4x 3.2x 1.6x
Quick ratio 0.8x 2.9x 1.4x
Cash ratio 0.3x 1.6x 0.2x
Altman Z-score 3.48 3.23 1.07

Shareholder Returns

7 metrics
MetricNMAXFOXANXST
Dividend yield – 0.9% 4.5%
Net buyback yield – 7.2% –
Shareholder yield – 8.1% 4.5%
Payout ratio (earnings) – – 134.5%
Payout ratio (FCF) – – 30.4%
Dividend growth (1Y) – – 2.7%
Dividend CAGR (3Y) – – 10.6%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusNMAXFOXANXST
Forward P/E – 11.4xFY2027 5.0xFY2026
EPS, next fiscal year $-0.01FY2026 $5.66FY2027 $32.94FY2026
EPS growth, next FY – +4.4%FY2027 +998.0%FY2026
EPS growth, the year after – +9.2% -45.6%
Revenue, next fiscal year $203.04MFY2026 $16.94BFY2027 $8.32BFY2026
Revenue growth, next FY +7.3%FY2026 -1.1%FY2027 +68.2%FY2026
Revenue growth, the year after +24.6% -0.9% -4.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNMAXFOXANXST
Held by institutions 28.5% 100.0% 100.0%
Institutions holding 233 744 486
Change in shares held, QoQ +13.5% +9.3% +4.0%
Institutions buying 110 374 220
Institutions selling 37 273 181
Buyers to sellers 2.97 1.37 1.22

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

NMAXFOXANXST
NMAX 1.00 0.34 0.36
FOXA 0.34 1.00 0.28
NXST 0.36 0.28 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NMAX, FOXA and NXST?

Fox (FOXA) is the largest by market capitalisation: Newsmax (NMAX) $1.02B, Fox (FOXA) $27.39B, Nexstar Media (NXST) $5.05B.

Which stock is cheaper, NMAX, FOXA and NXST?

Fox (FOXA) trades on the lowest price-to-earnings ratio (Newsmax (NMAX) -12.8x, Fox (FOXA) 16.3x, Nexstar Media (NXST) 26.9x). On next year's consensus earnings, Nexstar Media (NXST) is cheapest (Fox (FOXA) 11.4x, Nexstar Media (NXST) 5.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Nexstar Media (NXST) grew revenue fastest over the trailing twelve months: Newsmax (NMAX) +8.3%, Fox (FOXA) +5.1%, Nexstar Media (NXST) +10.5%.

Which company is more profitable?

Fox (FOXA) has the highest net margin (Newsmax (NMAX) -40.1%, Fox (FOXA) 9.8%, Nexstar Media (NXST) 3.2%). On return on invested capital, Fox (FOXA) leads (Fox (FOXA) 9.6%, Nexstar Media (NXST) 5.8%).

Which stock has performed better?

Over the past year Fox (FOXA) returned the most: Newsmax (NMAX) -22.3%, Fox (FOXA) +5.3%, Nexstar Media (NXST) -12.8%. Over five years, Fox (FOXA) compounded fastest (Fox (FOXA) +9.6%/yr, Nexstar Media (NXST) +2.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Newsmax (NMAX) 0.00%, Fox (FOXA) 0.00%, Nexstar Media (NXST) 0.04%. Newsmax (NMAX) and Fox (FOXA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Fox (FOXA) has been the steadiest (Newsmax (NMAX) 77.7%, Fox (FOXA) 36.4%, Nexstar Media (NXST) 36.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NMAX, FOXA and NXST?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Fox (FOXA) leads on 9. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.