Seven West Media Limited (SWM) is a national multi-platform media business comprising of, Free to Air Television, Newspaper and Magazines (online and other)

Leyland Private Asset Management

Trusted and Confidential Asset Management Advisors

Seven West Media Limited (SWM) is a national multi-platform media business comprising of, Free to Air Television, Newspaper and Magazines (online and other). The media sector generally may be interesting to investors looking for value, with the sector broadly trading on a 2014 P/E of 11x, or a 25% discount to the ASX. SWM has significant leverage to an improvement in the advertising cycle with the highest rated TV channel (Seven) maintaining a ~40% share of audience and revenue throughout 2013/14 (the 14th consecutive half of ratings leadership). Trading on an FY15 P/E of 9.1x combined with a ~7.6% grossed up yield (50% pay-out ratio) and the recent restructuring of its debt facilities, SWM's balance sheet is in a good position to take advantage of the cyclical advertising upswing. Our monthly newsletter is available here: (VIEW LINK)


Leyland Private Asset Management
Trusted and Confidential Asset Management Advisors

Founded in 2003, Leyland Private Asset Management is an independently owned firm specialising in Australian Stock Market and Fixed Interest Investments for individuals, companies, self-managed super funds, institutions and family offices.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.