BSE:532733

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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


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

532733IndustryMarket
7 Day2.4%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 Year22.5%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

March Stocks To Look Out For

Valuation

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).


Next Steps

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

NamePositionTenureCompensationOwnership
Kalanithi Maran
Executive Chairman8.58yrs₹875.00m75%
₹ 127.4b
Rajaraman Mahesh kumar
President1.58yrs₹73.60mno data
V. Unnikrishnan
Chief Financial Officer10yrs₹10.70m0.000050%
₹ 84.9k
R. Ravi
Compliance Officer & Company Secretaryno data₹2.60mno data
K. Vijaykumar
Executive Director8.58yrs₹12.71m0.000020%
₹ 34.0k
Kavery Maran
Executive Director8.58yrs₹875.04mno data
Kaviya Maran
Executive Director1.58yrs₹12.20mno data
C. Praveen
Chief Operating Officerno datano datano data
S. Kannan
Chief Technical Officerno datano datano data
P. Laul
Vice President of Marketingno datano datano data
A. Prasad
Senior Vice Presidentno datano datano data
S. Narayanan
Group Chief Financial Officerno datano datano 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

NamePositionTenureCompensationOwnership
Kalanithi Maran
Executive Chairman8.58yrs₹875.00m75%
₹ 127.4b
Rajaraman Mahesh kumar
President1.58yrs₹73.60mno data
K. Vijaykumar
Executive Director8.58yrs₹12.71m0.000020%
₹ 34.0k
Kavery Maran
Executive Director8.58yrs₹875.04mno data
Kaviya Maran
Executive Director1.58yrs₹12.20mno data
M. Harinarayanan
Non-Executive Independent Director14.83yrs₹400.00kno data
Nicholas Paul
Non-Executive Independent Director14.75yrs₹500.00kno data
J. Ravindran
Non-Executive Independent Director14.75yrs₹300.00kno data
S. Selvam
Non-Executive Director12.25yrs₹100.00k1.74%
₹ 3.0b
R. Ravivenkatesh
Non-Executive Independent Director8.58yrs₹300.00k0.0053%
₹ 9.0m
Desmond Theodore
Independent Director1.58yrs₹100.00kno data
Sridhar Venkatesh
Independent Director1.58yrs₹100.00kno 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532733BSE (Mumbai Stock Exchange)YesEquity SharesININRApr 2006
SUNTVNSEI (National Stock Exchange of India)YesEquity SharesININRApr 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 12:33
End of Day Share Price2020/11/24 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.