Nation Media Group

Ticker code NMG Industry Consumer Services Nation Centre
Kimathi Street
P.O. Box 49010 - 00100 GPO
Nairobi, Kenya
ISIN KE0000000380 Sector Media
Initial Listing 2 November 2010 (ROTC) Financial Year End 31 December
Website www.nationmedia.com Results Released Half-yearly
2010 2011 2012 2013 2014
Growth Rates (Year-on-Year)
Total Revenue 17.1% 17.1% 9.8% 8.3% -0.2%
Gross Profit 22.9% 11.1% 15.5% 10.2% 1.3%
Net Income 39.3% 30.0% 25.4% 1.0% -2.5%
EBIT 42.4% 26.6% 19.6% 6.3% -3.7%
EBITDA 33.5% 23.5% 17.6% 6.6% -3.1%
Accounts Receivable 20.7% 4.6% 16.6% 17.2% 5.2%
Inventories 10.6% 52.9% -1.8% 7.8% -13.7%
Total Assets 21.3% 10.5% 21.1% 7.2% 4.4%
Profitability
Return on Assets 19.1% 22.1% 24.5% 22.9% 20.2%
Return on Net Assets 34.4% 37.0% 41.4% 39.1% 35.3%
Return on Equity 28.0% 31.8% 35.7% 31.7% 27.6%
Margins
Operating Margin 21.0% 22.7% 24.8% 24.3% 23.5%
Gross Margin 78.6% 74.6% 78.5% 79.8% 81.0%
Net Profit Margin 15.8% 17.3% 21.2% 19.6% 18.1%
Selling & General Expenses Margin 12.7% 10.6% 11.8% 11.0% 10.9%
EBIT Margin 21.0% 22.7% 24.8% 24.3% 23.5%
EBITDA Margin 24.7% 26.1% 27.9% 27.5% 26.7%
Liquidity
Current Ratio (times) 2.0 2.3 2.3 2.4 2.4
Quick Ratio (times) 1.7 1.8 1.9 2.0 2.0
Days Inventory Outstanding 114.3 109.1 140.6 142.7 146.6
Days Sales Outstanding 43.3 41.4 41.8 45.1 50.0
Days Payable Outstanding 90.6 80.6 120.3 145.3 173.4
Cash Conversion Cycle 67.0 70.0 62.1 42.5 23.2
Solvency
Total Debt/Total Equity 0.4% 2.4% 1.5% 1.1% 0.8%
Total Debt/Total Capital 0.4% 2.3% 1.5% 1.1% 0.8%
Total Liabilities/Total Assets 32.0% 30.6% 31.4% 28.0% 26.6%