A Look At The Intrinsic Value Of Sun TV Network Limited (NSE:SUNTV)
Aug 14
Indian (NIFTY) Media Industry Analysis
UpdatedAug 14, 2024
DataAggregated Company Financials
Companies60
- 7D-0.1%
- 3M12.2%
- 1Y11.7%
- YTD-6.2%
The Media is pretty flat in the last 7 days, but MPS has stood out, gaining 11%. The past year has been better, since the industry has gained 12% in that time. Looking forward, earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Indian Media Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 15 Aug 2024 | ₹1.3t | ₹631.6b | ₹58.5b | 31.2x | 22.3x | 2.1x |
| Sat, 13 Jul 2024 | ₹1.3t | ₹627.5b | ₹53.6b | 30.1x | 24.1x | 2.1x |
| Mon, 10 Jun 2024 | ₹1.2t | ₹627.3b | ₹52.9b | 27.4x | 23x | 1.9x |
| Wed, 08 May 2024 | ₹1.1t | ₹616.7b | ₹49.2b | 27.3x | 23.1x | 1.8x |
| Fri, 05 Apr 2024 | ₹1.2t | ₹595.0b | ₹51.9b | 26.9x | 23.1x | 2x |
| Sun, 03 Mar 2024 | ₹1.2t | ₹592.8b | ₹51.6b | 29.4x | 23.6x | 2.1x |
| Tue, 30 Jan 2024 | ₹1.3t | ₹585.4b | ₹49.2b | 32.4x | 25.8x | 2.2x |
| Thu, 28 Dec 2023 | ₹1.3t | ₹584.1b | ₹49.7b | 24.4x | 26.1x | 2.2x |
| Sat, 25 Nov 2023 | ₹1.2t | ₹507.1b | ₹35.5b | 24.9x | 33.2x | 2.3x |
| Mon, 23 Oct 2023 | ₹1.2t | ₹494.8b | ₹33.8b | 35.6x | 34.9x | 2.4x |
| Wed, 20 Sep 2023 | ₹1.1t | ₹492.6b | ₹34.0b | 34.4x | 33.2x | 2.3x |
| Fri, 18 Aug 2023 | ₹1.1t | ₹495.7b | ₹34.8b | 28.3x | 31.2x | 2.2x |
| Sun, 16 Jul 2023 | ₹948.7b | ₹452.0b | ₹34.7b | 23.1x | 27.3x | 2.1x |
| Tue, 13 Jun 2023 | ₹877.3b | ₹449.3b | ₹34.5b | 24.6x | 25.4x | 2x |
| Thu, 11 May 2023 | ₹848.7b | ₹469.1b | ₹18.5b | 21.6x | 45.9x | 1.8x |
| Sat, 08 Apr 2023 | ₹850.6b | ₹469.9b | ₹20.9b | 19.1x | 40.7x | 1.8x |
| Mon, 06 Mar 2023 | ₹868.8b | ₹469.4b | ₹20.6b | 19.6x | 42.1x | 1.9x |
| Wed, 01 Feb 2023 | ₹940.1b | ₹480.4b | ₹25.5b | 25.9x | 36.9x | 2x |
| Fri, 30 Dec 2022 | ₹985.7b | ₹476.0b | ₹28.3b | 23.7x | 34.8x | 2.1x |
| Sun, 27 Nov 2022 | ₹1.0t | ₹476.0b | ₹28.3b | 21.5x | 36.2x | 2.2x |
| Tue, 25 Oct 2022 | ₹1.0t | ₹473.2b | ₹31.0b | 22.2x | 33.3x | 2.2x |
| Thu, 22 Sep 2022 | ₹1.1t | ₹468.2b | ₹33.2b | 23.2x | 32.7x | 2.3x |
| Sat, 20 Aug 2022 | ₹1.0t | ₹467.7b | ₹33.1b | 14.9x | 31.3x | 2.2x |
| Mon, 18 Jul 2022 | ₹897.9b | ₹447.7b | ₹30.9b | 19.2x | 29x | 2x |
| Wed, 15 Jun 2022 | ₹898.4b | ₹447.8b | ₹30.9b | 16.7x | 29.1x | 2x |
| Fri, 13 May 2022 | ₹935.3b | ₹439.5b | ₹38.0b | 15.1x | 24.6x | 2.1x |
| Sun, 10 Apr 2022 | ₹1.2t | ₹436.4b | ₹37.7b | 19.7x | 31.3x | 2.7x |
| Tue, 08 Mar 2022 | ₹991.7b | ₹436.4b | ₹37.7b | 16.7x | 26.3x | 2.3x |
| Thu, 03 Feb 2022 | ₹1.1t | ₹439.4b | ₹38.3b | 18.3x | 29.9x | 2.6x |
| Sat, 01 Jan 2022 | ₹1.1t | ₹432.4b | ₹37.3b | 15.4x | 30x | 2.6x |
| Mon, 29 Nov 2021 | ₹1.1t | ₹432.2b | ₹37.3b | 15.9x | 30.1x | 2.6x |
| Wed, 27 Oct 2021 | ₹1.1t | ₹422.0b | ₹34.4b | 16x | 32.4x | 2.6x |
| Fri, 24 Sep 2021 | ₹1.1t | ₹417.1b | ₹33.6b | 15.6x | 31.7x | 2.6x |
| Sun, 22 Aug 2021 | ₹839.5b | ₹418.2b | ₹33.9b | 15.7x | 24.8x | 2x |
Price to Earnings Ratio
24.8x
Current Industry PE
- Investors are pessimistic on the Indian Media industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 22.3x which is lower than its 3-year average PE of 30.2x.
- The industry is trading close to its 3-year average PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Media industry have grown 20% per year over the last three years.
- Revenues for these companies have grown 15% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Telecom industry?
| IN Market | 1.10% | |
| Telecom | 1.32% | |
| Media | -0.13% | |
| Advertising | 3.09% | |
| Publishing | 2.45% | |
| Cable and Satellite | 0.055% | |
| Broadcasting | -2.31% | |
Industry PE
- Investors are most optimistic about the Broadcasting industry which is trading above its 3-year average PE ratio of 26.1x.
- Analysts are expecting annual earnings growth of 15.1%, which is lower than the prior year's growth of 40.4% per year.
- Investors are most pessimistic about the Publishing industry, which is trading below its 3-year average of 16.0x.
Forecasted Growth
- Analysts are most optimistic on the Advertising industry, expecting annual earnings growth of 23% over the next 5 years.
- However this is lower than its past earnings growth rate of 35% per year.
- In contrast, the Publishing industry is expected to see its earnings decline by 3.8% 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 | |
|---|---|---|---|---|---|
| MPSLTD MPS | ₹2.12k | 10.6% +₹3.4b | 43.5% | PE31.4x | |
| AFFLE Affle (India) | ₹1.51k | 1.4% +₹3.1b | 38.7% | PE66.8x | |
| 531637 Praveg | ₹830.95 | 10.9% +₹2.1b | 69.9% | PE170.4x | |
| DBCORP D. B | ₹339.40 | 3.2% +₹1.9b | 36.1% | PE13x | |
| 532368 Brightcom Group | ₹7.32 | 4.9% +₹686.3m | -71.0% | PE1x |
