NMAX
NMAXCommunication ServicesNASDAQBroadcasting · Last scanned Oct 24, 2026
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Daily timeframeHeadquartered within the communication services sector, NMAX focuses on Broadcasting services and products. Newsmax Inc., through its subsidiaries, operates as a television broadcaster and multi-platform content publisher in the United States. The $1.02B market capitalization puts NMAX squarely in small-cap range for its industry. It operates through two segments, Broadcasting and Digital.
Market Cap
$1.02B
Beta
—
P/E (TTM)
396.50
P/E (Fwd)
113.29
EPS (TTM)
$0.02
EPS (Fwd)
$0.07
ROE
-5.8%
ROA
-3.8%
Cash
$128.3M
Total Debt
$11.6M
Free CF
-$37.6M
52W Change
-26.7%
Annual Financials
Cash vs Debt
Where NMAX stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, NMAX finished 1.67% below its 150-day moving average ($8.38) and 3.13% above its 200-day moving average ($7.99). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is NMAX overbought or oversold?
At the October 20, 2026 close, NMAX's RSI(14) was 20.5, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
NMAX holds $128.3M in cash against $11.6M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow is running at -$37.6M, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -5.8%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has grown from $135.3M (2023) to $189.3M (2025), reflecting a 40% increase over the period.
With cash comfortably exceeding debt, NMAX has financial flexibility that may help navigate uncertain periods. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. At over 50x earnings, NMAX carries valuation risk — any slowdown in growth expectations could lead to meaningful price adjustments. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for NMAX and its sector.