Global Media Undervalued over 20% based on DCF

Sun TV Network

Market Cap: ₹195.7b

Engages in producing and broadcasting satellite television and radio software programming in the regional languages.

TVhi Holdings

Market Cap: JP¥325.2b

Engages in the television (TV) broadcasting business in Japan and internationally.

Louis Hachette Group

Market Cap: €1.7b

Engages in the publishing and travel retail and media businesses.

Tianyu Digital Technology GroupLtd

Market Cap: CN¥13.3b

Engages in the development and operation of online games in China.

Damai Entertainment Holdings

Market Cap: HK$14.8b

An investment holding company, operates in the content, technology, and IP merchandising and commercialization businesses in Hong Kong and the People's Republic of China.

TF1

Market Cap: €1.4b

Operates as a media and entertainment company, primarily engages in television broadcasting, content creation, and distribution of audiovisual rights in France, Continental Europe, and internationally.

Taboola.com

Market Cap: US$1.5b

Operates an artificial intelligence-based algorithmic engine platform in Israel, the United States, the United Kingdom, Germany, and internationally.

Embracer Group

Market Cap: SEK 13.9b

Develops and publishes PC, console, mobile, VR, and board games for the games market internationally.

Playtika Holding

Market Cap: US$1.4b

Develops mobile games in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally.

Focus Technology

Market Cap: CN¥9.6b

Operates e-commerce platforms in the People’s Republic of China and internationally.

SHIFT UP

Market Cap: ₩2.1t

Shift Up Corporation operates as a game design and development studio.

China Publishing & Media Holdings

Market Cap: CN¥9.2b

China Publishing & Media Holdings Co., Ltd.

4imprint Group

Market Cap: UK£1.0b

Operates as a direct marketer of promotional products in North America, the United Kingdom, and Ireland.

Changjiang Publishing & MediaLtd

Market Cap: CN¥9.1b

Operates as a publishing company in China.

Chinese Universe Publishing and Media Group

Market Cap: CN¥9.1b

Chinese Universe Publishing and Media Group Co., Ltd.

MONY Group

Market Cap: UK£992.9m

Provides price comparison and lead generation services through its websites and applications in the United Kingdom.

Alma Media Oyj

Market Cap: €1.1b

A media company, engages in digital services and journalistic media content in Finland, Sweden, Baltics, Croatia, Slovakia, and the Czech Republic.

USA TODAY

Market Cap: US$1.2b

Operates as a media and digital marketing solutions company in the United States.

Atresmedia Corporación de Medios de Comunicación

Market Cap: €1.1b

An audiovisual company, engages in the television, radio, digital and multimedia development, cinema, and events organization businesses in Spain and internationally.

MIXI

Market Cap: JP¥191.5b

Engages in the sports, digital entertainment, lifestyle, and investment businesses in Japan.

JYP Entertainment

Market Cap: ₩1.7t

Operates as an entertainment company in South Korea and internationally.

Newsmax

Market Cap: US$1.1b

Through its subsidiaries, operates as a television broadcaster and multi-platform content publisher in the United States.

Baltic Classifieds Group

Market Cap: UK£767.0m

Operates online classifieds portals for automotive, real estate, jobs and services, and general merchandise in Estonia, Latvia, and Lithuania.

Nine Entertainment Holdings

Market Cap: AU$1.5b

Engages in the broadcasting and program production businesses across free to air television, video on demand, and metropolitan radio networks in Australia.

Hello Group

Market Cap: US$890.9m

Provides mobile-based social and entertainment services in the People’s Republic of China and internationally.

MediaAlpha

Market Cap: US$852.3m

Through its subsidiaries, operates an insurance customer acquisition platform in the United States.

Nextdoor Holdings

Market Cap: US$850.5m

Operates a neighborhood network that connects neighbors, businesses, and public agencies in the United States and internationally.

Hangzhou Onechance Tech Crop

Market Cap: CN¥5.7b

Provides brand online marketing and management services.

APG|SGA

Market Cap: CHF 578.6m

Provides advertising services primarily in Switzerland and Serbia.

Acast

Market Cap: SEK 6.9b

Operates as a podcasting company in Europe, North America, and internationally.

Bloomsbury Publishing

Market Cap: UK£505.3m

Bloomsbury Publishing Plc publishes academic, educational, and general fiction and non-fiction books publishing for children, general reader, teachers, students, libraries, researchers, and professionals worldwide.

Reservoir Media

Market Cap: US$669.3m

Operates as a music publishing company.

COVER

Market Cap: JP¥106.2b

COVER Corporation distribute videos and music through VTubers distribution platform in Japan.

Kakao Games

Market Cap: ₩872.4b

Operates a mobile and PC online game service platform for gamers worldwide.

oOh!media

Market Cap: AU$709.8m

Engages in the outdoor media, and production and advertising businesses in Australia and New Zealand.

Wirtualna Polska Holding

Market Cap: zł1.7b

Through its subsidiaries, engages in the media, advertising, and e-commerce businesses in Poland.