Sun TV Network
Market Cap
₹169.8b
Last Updated
2020/11/24 12:33 UTC
Data Sources
Company Financials +
Executive Summary
Sun TV Network Limited, together with its subsidiaries, engages in producing and broadcasting satellite television and radio software programming in the regional languages of South India. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet established dividend payer.
Similar Companies
Share Price & News
How has Sun TV Network's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532733 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 532733's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
2.4%
532733
2.7%
IN Media
2.3%
IN Market
1 Year Return
-12.6%
532733
-13.1%
IN Media
8.9%
IN Market
Return vs Industry: 532733 exceeded the Indian Media industry which returned -16.3% over the past year.
Return vs Market: 532733 underperformed the Indian Market which returned 7.4% over the past year.
Shareholder returns
| 532733 | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.4% | 2.7% | 2.3% |
| 30 Day | -0.5% | 1.4% | 8.9% |
| 90 Day | -12.2% | -8.4% | 10.2% |
| 1 Year | -7.4%-12.6% | -11.7%-13.1% | 11.0%8.9% |
| 3 Year | -47.3%-51.9% | -60.2%-61.7% | 6.2%1.0% |
| 5 Year | 22.5%6.6% | -47.3%-49.7% | 53.0%41.5% |
Long-Term Price Volatility Vs. Market
How volatile is Sun TV Network's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall St
It's Time To Buy Sun TV Network Limited (BOM:532733)2 years ago | Simply Wall St
March Stocks To Look Out ForValuation
Is Sun TV Network undervalued compared to its fair value and its price relative to the market?
1.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 532733 (₹426.25) is trading below our estimate of fair value (₹432.8)
Significantly Below Fair Value: 532733 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 532733 is good value based on its PE Ratio (13.7x) compared to the IN Media industry average (13.9x).
PE vs Market: 532733 is good value based on its PE Ratio (13.7x) compared to the Indian market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: 532733 is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: 532733 is overvalued based on its PB Ratio (2.7x) compared to the IN Media industry average (1.3x).
Next Steps
Future Growth
How is Sun TV Network forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
11.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 532733's forecast earnings growth (11% per year) is above the savings rate (7.2%).
Earnings vs Market: 532733's earnings (11% per year) are forecast to grow slower than the Indian market (24.2% per year).
High Growth Earnings: 532733's earnings are forecast to grow, but not significantly.
Revenue vs Market: 532733's revenue (13.2% per year) is forecast to grow faster than the Indian market (11.4% per year).
High Growth Revenue: 532733's revenue (13.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 532733's Return on Equity is forecast to be high in 3 years time (23.8%)
Next Steps
Past Performance
How has Sun TV Network performed over the past 5 years?
7.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532733 has high quality earnings.
Growing Profit Margin: 532733's current net profit margins (40.9%) are higher than last year (36.8%).
Past Earnings Growth Analysis
Earnings Trend: 532733's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: 532733's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 532733 had negative earnings growth (-12.8%) over the past year, making it difficult to compare to the Media industry average (-24.3%).
Return on Equity
High ROE: 532733's Return on Equity (19.3%) is considered low.
Next Steps
Financial Health
How is Sun TV Network's financial position?
Financial Position Analysis
Short Term Liabilities: 532733's short term assets (₹47.7B) exceed its short term liabilities (₹6.1B).
Long Term Liabilities: 532733's short term assets (₹47.7B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: 532733 is debt free.
Reducing Debt: 532733 has not had any debt for past 5 years.
Debt Coverage: 532733 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 532733 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Sun TV Network current dividend yield, its reliability and sustainability?
5.87%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 532733's dividend (5.87%) is higher than the bottom 25% of dividend payers in the Indian market (0.53%).
High Dividend: 532733's dividend (5.87%) is in the top 25% of dividend payers in the Indian market (2.15%)
Stability and Growth of Payments
Stable Dividend: 532733's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532733's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (64.5%), 532733's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 532733's dividends in 3 years are forecast to be covered by earnings (60% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
1.6yrs
Average management tenure
CEO
Rajaraman Mahesh kumar (51 yo)
1.58yrs
Tenure
₹73,600,000
Compensation
Mr. Rajaraman Mahesh Kumar has been the President of Sun TV Network Ltd since November 1, 2015 and also serves as its Managing Director and Executive Director since April 01, 2019. He served as the Chief E...
CEO Compensation Analysis
Compensation vs Market: Rajaraman's total compensation ($USD991.14K) is above average for companies of similar size in the Indian market ($USD620.31K).
Compensation vs Earnings: Rajaraman's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.58yrs | ₹875.00m | 75% ₹ 127.4b | |
| President | 1.58yrs | ₹73.60m | no data | |
| Chief Financial Officer | 10yrs | ₹10.70m | 0.000050% ₹ 84.9k | |
| Compliance Officer & Company Secretary | no data | ₹2.60m | no data | |
| Executive Director | 8.58yrs | ₹12.71m | 0.000020% ₹ 34.0k | |
| Executive Director | 8.58yrs | ₹875.04m | no data | |
| Executive Director | 1.58yrs | ₹12.20m | no data | |
| Chief Operating Officer | no data | no data | no data | |
| Chief Technical Officer | no data | no data | no data | |
| Vice President of Marketing | no data | no data | no data | |
| Senior Vice President | no data | no data | no data | |
| Group Chief Financial Officer | no data | no data | no data |
1.6yrs
Average Tenure
54yo
Average Age
Experienced Management: 532733's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 8.58yrs | ₹875.00m | 75% ₹ 127.4b | |
| President | 1.58yrs | ₹73.60m | no data | |
| Executive Director | 8.58yrs | ₹12.71m | 0.000020% ₹ 34.0k | |
| Executive Director | 8.58yrs | ₹875.04m | no data | |
| Executive Director | 1.58yrs | ₹12.20m | no data | |
| Non-Executive Independent Director | 14.83yrs | ₹400.00k | no data | |
| Non-Executive Independent Director | 14.75yrs | ₹500.00k | no data | |
| Non-Executive Independent Director | 14.75yrs | ₹300.00k | no data | |
| Non-Executive Director | 12.25yrs | ₹100.00k | 1.74% ₹ 3.0b | |
| Non-Executive Independent Director | 8.58yrs | ₹300.00k | 0.0053% ₹ 9.0m | |
| Independent Director | 1.58yrs | ₹100.00k | no data | |
| Independent Director | 1.58yrs | ₹100.00k | no data |
8.6yrs
Average Tenure
55yo
Average Age
Experienced Board: 532733's board of directors are considered experienced (8.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 532733 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
Sun TV Network Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sun TV Network Limited
- Ticker: 532733
- Exchange: BSE
- Founded: 1985
- Industry: Broadcasting
- Sector: Media
- Market Cap: ₹169.831b
- Shares outstanding: 394.08m
- Website: https://www.suntv.in
Location
- Sun TV Network Limited
- Murasoli Maran Towers
- 73, MRC Nagar Main Road
- Chennai
- Tamil Nadu
- 600028
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 532733 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Apr 2006 |
| SUNTV | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Apr 2006 |
Biography
Sun TV Network Limited, together with its subsidiaries, engages in producing and broadcasting satellite television and radio software programming in the regional languages of South India. The company's fla...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/24 12:33 |
| End of Day Share Price | 2020/11/24 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.