Does Dish TV India (NSE:DISHTV) Have A Healthy Balance Sheet?
Nov 22
Indian (NIFTY) Telecom Sector Analysis
UpdatedDec 01, 2022
DataAggregated Company Financials
Companies117
- 7D1.4%
- 3M8.2%
- 1Y1.8%
- YTD3.3%
Over the last 7 days, the Telecom industry has risen 1.4%, driven by gains from Bharti Airtel of 0.7%. Meanwhile, RailTel Corporation of India actually underperformed within the industry, shrinking 5.2% in the last week. Overall in the last year, the industry is flat. Earnings are forecast to grow by 23% annually.
Sector Valuation and Performance
Has the Indian Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 01 Dec 2022 | ₹8.0t | ₹2.5t | ₹232.2b | 31.1x | 34.6x | 3.2x |
| Sat, 29 Oct 2022 | ₹7.7t | ₹2.4t | ₹295.9b | 28.5x | 26.1x | 3.2x |
| Mon, 26 Sep 2022 | ₹7.5t | ₹2.4t | ₹302.2b | 28.1x | 24.8x | 3.1x |
| Wed, 24 Aug 2022 | ₹7.4t | ₹2.4t | ₹302.2b | 26.4x | 24.3x | 3.1x |
| Fri, 22 Jul 2022 | ₹6.9t | ₹2.1t | ₹287.4b | 27.9x | 24.1x | 3.3x |
| Sun, 19 Jun 2022 | ₹6.4t | ₹2.3t | ₹286.7b | 24.1x | 22.3x | 2.8x |
| Tue, 17 May 2022 | ₹6.8t | ₹2.2t | ₹275.2b | 23.4x | 24.6x | 3.1x |
| Thu, 14 Apr 2022 | ₹7.4t | ₹2.0t | ₹253.2b | 25.3x | 29.3x | 3.7x |
| Sat, 12 Mar 2022 | ₹7.0t | ₹2.0t | ₹255.9b | 23.6x | 27.5x | 3.5x |
| Mon, 07 Feb 2022 | ₹7.4t | ₹2.0t | ₹153.7b | 29.4x | 48x | 3.7x |
| Wed, 05 Jan 2022 | ₹7.5t | ₹1.9t | ₹104.6b | 29.8x | 71.5x | 3.9x |
| Fri, 03 Dec 2021 | ₹7.6t | ₹1.9t | ₹103.7b | 26x | 73.7x | 4x |
| Sun, 31 Oct 2021 | ₹7.3t | ₹1.9t | ₹4.8b | 30x | 1539.3x | 3.9x |
| Tue, 28 Sep 2021 | ₹7.4t | ₹1.8t | -₹5,599,509,973.00 | 22.1x | -1318.2x | 4.1x |
| Thu, 26 Aug 2021 | ₹5.9t | ₹1.8t | -₹5,232,849,333.00 | 18.6x | -1130x | 3.3x |
| Fri, 02 Jul 2021 | ₹5.6t | ₹1.8t | -₹5,232,849,333.00 | 23x | -1071.7x | 3.1x |
| Mon, 05 Apr 2021 | ₹5.3t | ₹1.7t | -₹185,188,817,368.00 | 18.4x | -28.5x | 3.1x |
| Thu, 07 Jan 2021 | ₹5.1t | ₹1.7t | -₹265,352,173,604.00 | 15.6x | -19.3x | 3x |
| Wed, 30 Sep 2020 | ₹4.1t | ₹1.6t | -₹201,908,199,778.00 | 14.8x | -20.3x | 2.5x |
| Sat, 04 Jul 2020 | ₹4.7t | ₹1.6t | -₹434,948,717,782.00 | 14.1x | -10.8x | 2.9x |
| Tue, 07 Apr 2020 | ₹3.7t | ₹2.1t | -₹1,053,969,196,405.00 | 8.8x | -3.5x | 1.8x |
| Fri, 10 Jan 2020 | ₹4.4t | ₹2.1t | -₹910,328,515,754.00 | 13x | -4.8x | 2.1x |
Price to Earnings Ratio
-5.1x
Current Industry PE
- Investors are optimistic on the Indian Communication Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 34.6x which is higher than its 3-year average PE of -119x.
- The industry is trading close to its 3-year average PS ratio of 3.1x.
Past Earnings Growth
- Total earnings for the Communication Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 5.5% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Telecom sector?
| IN Market | 2.49% | |
| Telecom | 1.35% | |
| Media | 4.39% | |
| Interactive Media and Services | 3.55% | |
| Entertainment | 1.84% | |
| Wireless Telecom | 0.72% | |
| Telecom Services and Carriers | -0.08% | |
Industry PE
- Investors are most optimistic about the Wireless Telecom industry which is trading above its 3-year average PE ratio of 13.7x.
- Analysts are expecting annual earnings growth of 37.1% and investors are willing to pay a premium for that growth.
Forecasted Growth
- Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 47% over the next 5 years.
- This is better than its past earnings growth rate of 18% per year.
- In contrast, the Interactive Media and Services industry is expected to see its earnings decline by 94% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 532454 Bharti Airtel | ₹848.65 | 0.7% +₹36.0b | 17.7% | PE76.7x | |
| NAUKRI Info Edge (India) | ₹3.99k | 3.8% +₹18.7b | -32.9% | PE9.3x | |
| ZEEL Zee Entertainment Enterprises | ₹264.60 | 4.3% +₹10.4b | -21.5% | PE36.3x | |
| 532748 Prime Focus | ₹95.75 | 40.5% +₹8.3b | 31.3% | PS0.7x | |
| 532798 Network18 Media & Investments | ₹67.75 | 11.9% +₹7.5b | -4.2% | PE58.9x |
