Executive Summary
Asian Television Network International Limited engages in pay television broadcasting and television broadcasting advertising primarily for the south Asian community in Canada.
Snowflake Analysis
Flawless balance sheet and overvalued.
Share Price & News
How has Asian Television Network International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SAT has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0%
SAT
1.0%
CA Media
2.1%
CA Market
1 Year Return
-32.0%
SAT
-9.9%
CA Media
-21.2%
CA Market
Return vs Industry: SAT underperformed the Canadian Media industry which returned -15% over the past year.
Return vs Market: SAT underperformed the Canadian Market which returned -22.9% over the past year.
Shareholder returns
| SAT | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 1.0% | 2.1% |
| 30 Day | -22.7% | -6.4% | -13.8% |
| 90 Day | -22.7% | -14.0% | -21.9% |
| 1 Year | -32.0%-32.0% | -6.9%-9.9% | -18.6%-21.2% |
| 3 Year | -92.5%-93.1% | 6.7%-5.4% | -11.0%-19.3% |
| 5 Year | -95.5%-96.2% | 15.4%-7.0% | 1.6%-13.6% |
Price Volatility Vs. Market
How volatile is Asian Television Network International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
What Percentage Of Asian Television Network International Limited (CVE:SAT) Shares Do Insiders Own?1 month ago | Simply Wall St
Does Asian Television Network International Limited's (CVE:SAT) CEO Pay Matter?2 months ago | Simply Wall St
The Asian Television Network International (CVE:SAT) Share Price Is Down 94% So Some Shareholders Are Rather UpsetValuation
Is Asian Television Network International undervalued compared to its fair value and its price relative to the market?
0.61x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: SAT (CA$0.09) is trading above our estimate of fair value (CA$0.03)
Significantly Below Fair Value: SAT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SAT is unprofitable, so we can't compare its PE Ratio to the Media industry average.
PE vs Market: SAT is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SAT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SAT is good value based on its PB Ratio (0.6x) compared to the CA Media industry average (0.6x).
Next Steps
Future Growth
How is Asian Television Network International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
3.8%
Forecasted Media industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Asian Television Network International has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine Asian Television Network International's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Asian Television Network International competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Media industry.
Past Performance
How has Asian Television Network International performed over the past 5 years?
-75.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SAT is currently unprofitable.
Growing Profit Margin: SAT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SAT is unprofitable, and losses have increased over the past 5 years at a rate of -75.1% per year.
Accelerating Growth: Unable to compare SAT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SAT is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (81.7%).
Return on Equity
High ROE: SAT has a negative Return on Equity (-75.41%), as it is currently unprofitable.
Next Steps
Financial Health
How is Asian Television Network International's financial position?
Financial Position Analysis
Short Term Liabilities: SAT's short term assets (CA$6.4M) exceed its short term liabilities (CA$6.1M).
Long Term Liabilities: SAT's short term assets (CA$6.4M) exceed its long term liabilities (CA$875.2K).
Debt to Equity History and Analysis
Debt Level: SAT is debt free.
Reducing Debt: SAT has no debt compared to 5 years ago when its debt to equity ratio was 20.6%.
Debt Coverage: SAT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SAT has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Asian Television Network International's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SAT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SAT's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SAT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SAT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SAT is not paying a notable dividend for the Canadian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SAT's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
22.4yrs
Average management tenure
CEO
Shan Chandrasekar
26.67s
Tenure
CA$332,246
Compensation
Dr. Shan Chandrasekar has been the Chairman, Chief Executive Officer and President of Asian Television Network International Limited since August 16, 1993. Dr. Chandrasekar was inducted into the Canadian BÂ ...
CEO Compensation Analysis
Compensation vs Market: Shan's total compensation ($USD234.86K) is above average for companies of similar size in the Canadian market ($USD158.50K).
Compensation vs Earnings: Shan's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Chairman of the Board & President | 26.67yrs | CA$332.25k | 70.37% CA$1.5m | |
| Chief Financial Officer | no data | CA$191.09k | no data | |
| VP of Sales | 22.42yrs | CA$204.86k | 0.00038% CA$7.9 | |
| VP of Programming & Director | 22.42yrs | CA$253.61k | 2.28% CA$47.3k |
22.4yrs
Average Tenure
Experienced Management: SAT's management team is seasoned and experienced (22.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, Chairman of the Board & President | 26.67yrs | CA$332.25k | 70.37% CA$1.5m | |
| VP of Sales | 22.42yrs | CA$204.86k | 0.00038% CA$7.9 | |
| VP of Programming & Director | 22.42yrs | CA$253.61k | 2.28% CA$47.3k | |
| Independent Director | 22.42yrs | CA$20.64k | no data | |
| Independent Director | 20.83yrs | CA$20.64k | 2.46% CA$51.0k |
22.4yrs
Average Tenure
Experienced Board: SAT's board of directors are seasoned and experienced ( 22.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SAT insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Asian Television Network International Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Asian Television Network International Limited
- Ticker: SAT
- Exchange: TSXV
- Founded:
- Industry: Broadcasting
- Sector: Media
- Market Cap: CA$2.074m
- Shares outstanding: 24.40m
- Website: https://www.asiantelevision.com
Location
- Asian Television Network International Limited
- 330 Cochrane Drive
- Markham
- Ontario
- L3R 8E4
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| SAT | TSXV (TSX Venture Exchange) | Yes | Common Shares | CA | CAD | Oct 2000 |
| AITV.F | OTCPK (Pink Sheets LLC) | Yes | Common Shares | US | USD | Oct 2000 |
Biography
Asian Television Network International Limited engages in pay television broadcasting and television broadcasting advertising primarily for the south Asian community in Canada. It operates 50 premium pay specialty television channels in 9 languages. The company offers its flagship ATN-HD general interest service; various Bollywood movie channels with approximately 800 movies a month; and various channels that include sports, news, music, lifestyle, spiritual, and regional language channels. It also operates a South Asian radio service on satellite radio in the United States and Canada. In addition, the company offers content on Bell mobile phones that support videos. The company provides its channels on various cable, satellite, and IPTV platforms. Asian Television Network International Limited is based in Markham, Canada.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/07 06:00 |
| End of Day Share Price | 2020/03/26 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.