Nexstar Media Group Inc (NXST) is overvalued and Sinclair Inc (SBGI) is overvalued.
Both trade above our estimate of their intrinsic value. NXST is the closer of the two: -42%, against -512% for SBGI.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 6.6% (average of 3 methods) values the shares at $117.84; the price of $167.53 is 42% above that value, and 84% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
Discounting its cash flows at 6.2% (average of 2 methods) values the shares at $2.15; the price of $13.17 is 512% above that value, and 85% of that value comes from beyond year five.
Leak Score 0/100 on 4 of 12 signals
| Metric | NXST | SBGI |
|---|---|---|
| Verdict | Overvalued | Overvalued |
| Price | $167.53 | $13.17 |
| Intrinsic value | $117.84 | $2.15 |
| Margin of safety | -42% | -512% |
| Leak Score | 0/100 (2/12) | 0/100 (4/12) |
| Market cap | $5.2B | $952M |
| Revenue growth, 5 years | 1.9% | -11.8% |
| Operating margin | 18.0% | 5.9% |
| Net margin | 2.8% | 1.6% |
| Return on equity | 7.3% | 14.0% |
| Debt to equity | 5.34 | 11.03 |
| P/E | 32.0x | 17.1x |
| Forward P/E | 9.4x | — |
| P/B | 2.3x | 2.5x |
| Dividend yield | 4.4% | 7.6% |