TSXV:SAT

Stock Analysis Report

Asian Television Network International

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

SATIndustryMarket
7 Day0%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

Valuation

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

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 B ...


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

NamePositionTenureCompensationOwnership
Shan Chandrasekar
CEO, Chairman of the Board & President26.67yrsCA$332.25k70.37% CA$1.5m
Kyrill Classen
Chief Financial Officerno dataCA$191.09kno data
Prakash Naidoo
VP of Sales22.42yrsCA$204.86k0.00038% CA$7.9
Jayalashmi Chandrasekar
VP of Programming & Director22.42yrsCA$253.61k2.28% CA$47.3k

22.4yrs

Average Tenure

Experienced Management: SAT's management team is seasoned and experienced (22.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shan Chandrasekar
CEO, Chairman of the Board & President26.67yrsCA$332.25k70.37% CA$1.5m
Prakash Naidoo
VP of Sales22.42yrsCA$204.86k0.00038% CA$7.9
Jayalashmi Chandrasekar
VP of Programming & Director22.42yrsCA$253.61k2.28% CA$47.3k
John Boyle
Independent Director22.42yrsCA$20.64kno data
Bruce Buckley
Independent Director20.83yrsCA$20.64k2.46% 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SATTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2000
AITV.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 06:00
End of Day Share Price2020/03/26 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.