Stock Spotlight: oOh!media Limited (ASX:OML)
This week's Stock Spotlight is ASX-listed oOh!media Limited.
About oOh!media Limited.
oOh!media Limited engages in the outdoor media, and production and advertising businesses in Australia and New Zealand. It offers large format digital and classic roadside screens; large and small format digital and classic signs located in retail precincts, such as shopping centres, airport terminals, lounges and in flight; digital and classic street furniture signs; digital and classic format advertising in public transport corridors, including rail; and digital and classic signs in high dwell time environments, such as universities and office buildings. The company also provides advertising creative and printing services. oOh!media Limited was founded in 1989 and is based in North Sydney, Australia.
Source: EODHD
Key Stats
Key Stats
Source: EODHD. Data as of 05/03/26.
Price Performance
Growth Potential
- The share price trades below our blended valuation (DCF / PE-multiple).
- Offers an attractive and growing dividend yield.
- Strong market share (in Australia & New Zealand) in a growing advertising medium Out Of Home (OOH). OML operates the largest and most diverse Out of Home network across Australia and New Zealand with over 35,000 assets, reaching 98% of metropolitan Australians every week. OML’s share of the ANZ OOH market was 35.4% in 1H25.
- OOH market could grow at a double digit growth rate. During 1H25 Out of Home was again the standout performer in the Australian media sector, increasing its share of agency media spend in FY25 to 16.4%. Now, this is a record high.
- The market that OML competes in is concentrated (majority share with three very well financed competitors), which poses a challenge for international players wanting to come in (need to have a network established to be an out-of-home player).
- Invariably OML is leveraged to advertising markets and broader markets have been subdued. If there is a material improvement in advertising markets, this will be positive for OML’s earnings and it is likely to see earnings revisions higher.
- Strong balance sheet with leverage below management’s target levels.
Key Risks
- Competitive threats lead to market share loss or contracts loss.
- Re-contracting is done at lower revenue and/or margins due to competitive bidding.
- Disappointing growth (company and industry specific).
- Cyclicality in advertising markets
- Disappointing updates on contract renewals.
- Significant change in senior management.
- Other emerging advertising trends / mediums which take advertising dollars away from OOH.
Subscribe to our newsletter
Disclaimer: This article does not constitute financial advice nor a recommendation to invest in the securities listed. The information presented is intended to be of a factual nature only. Past performance is not a reliable indicator of future performance. As always, do your own research and consider seeking financial, legal and taxation advice before investing.
Speak to an Advisor
The RBA lifted the cash rate to 4.85% in a split vote. Here’s how higher rates flow through ASX sectors, company earnings, dividends and valuations.
Inside Anthropic’s IPO filing: explore its soaring revenue, computing commitments, reported losses and governance structure, and what the disclosures mean for investors.
Big Tech reports next week. Learn how to read earnings releases and filings, and what to look for in AI spending, cloud growth, cash flow and guidance.
Understand how AI investment could affect global financial stability, as the IMF and RBA warn of rising debt, market concentration and funding risks.
Firmus’ proposed mega-IPO puts a spotlight on the cost, capital intensity and risks of building AI infrastructure as investors weigh the next phase of the AI boom.
About Electro Optic Systems Holdings Ltd. Electro Optic Systems Holdings Limited engages in the development, manufacture, and sale of telescopes and dome enclosures, laser satellite tracking systems, remote weapon systems, and high laser weapon. It operates through Defense Systems and Space Systems segments. The company develops, manufactures, and markets fire control, surveillance, weapon systems, and high energy laser to military customers. It also provides passive optical and laser sensing equipment; optical, microwave and on-the-move radio and satellite products; and laser-based surveillance systems with space tracking capability. In addition, the company offers counter-drone, firepower, force protection, and UGV and marine lethality systems, as well as high energy laser weapon; optical tracking systems, space control, space domain awareness, satellite laser ranging, space sustainability, and precision optics. It operates in Australia, the United States, Singapore, the United Arab Emirates, the United Kingdom, New Zealand, the Netherlands, North America, Germany, and rest of Europe. Electro Optic Systems Holdings Limited was founded in 1983 and is based in Symonston, Australia. Source: EODHD Key Stats
About Liontown Ltd. Liontown Limited engages in the exploration, evaluation, and development of mineral properties in Australia. It primarily explores for lithium, gold, and nickel deposits. The company's flagship property is the Kathleen Valley lithium project located in Perth, Western Australia. The company was formerly known as Liontown Resources Limited and change its name to Liontown Limited in November 2025. Liontown Limited was incorporated in 2006 and is headquartered in West Perth, Australia. Source: EODHD Key Stats
The RBA has raised rates to 4.60% as inflation pressures persist. Explore the impact of energy costs, AI demand and the key signals investors should watch next.
Discover how advances in genomics, AI, diagnostics and gene editing are creating a broader healthcare opportunity and where commercial value is emerging.
The AI trade is being forced to rethink the pace of progress. Here is what investors should watch across Nvidia, chips, AI spending, software and adoption.
