Sun TV Network (BSE:532733) - Share price, News & Analysis

532733 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	2/6
Past Performance	6/6
Financial Health	5/6
Dividends	4/6

532733 Stock Overview

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.

Rewards

Trading at 45.6% below our estimate of its fair value

Earnings are forecast to grow 7.27% per year

Earnings grew by 34% over the past year

Risk Analysis

Dividend of 3.22% is not well covered by earnings

Sun TV Network Competitors

Zee Entertainment Enterprises

NSEI:ZEEL

₹228.5b

Entertainment Network (India)

BSE:532700

₹8.8b

Diksat Transworld

BSE:540151

₹1.8b

Sea TV Network

BSE:533268

₹38.5m

Price History & Performance

Summary of all time highs, changes and price drops for Sun TV Network
Historical stock prices
Current Share Price	₹427.05
52 Week High	₹611.25
52 Week Low	₹403.00
Beta	0.67
1 Month Change	-14.14%
3 Month Change	-7.72%
1 Year Change	-17.83%
3 Year Change	-20.43%
5 Year Change	-45.32%
Change since IPO	28.86%

Shareholder Returns

	532733	IN Media	IN Market
7D	3.8%	2.9%	3.4%
1Y	-17.8%	6.3%	9.5%

Return vs Industry: 532733 underperformed the Indian Media industry which returned 6.3% over the past year.

Return vs Market: 532733 underperformed the Indian Market which returned 9.5% over the past year.

Price Volatility

Is 532733's price volatile compared to industry and market?
532733 volatility
532733 Average Weekly Movement	5.1%
Media Industry Average Movement	7.1%
Market Average Movement	7.2%
10% most volatile stocks in IN Market	10.0%
10% least volatile stocks in IN Market	4.8%

Stable Share Price: 532733 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 532733's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1985	1,188	Rajaraman Mahesh kumar	https://www.suntv.in

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 flagship channel includes Sun TV. It also operates various other satellite channels, such as Surya TV, Gemini TV, Udaya TV, and SUN Bangla in Tamil, Telugu, Kannada, Malayalam, and Bangla languages in various genres of general entertainment, movies, music, news, kids, action, and life; and 24 frequency modulation radio stations.

Sun TV Network Fundamentals Summary

How do Sun TV Network's earnings and revenue compare to its market cap?
532733 fundamental statistics
Market Cap	₹168.29b
Earnings (TTM)	₹17.19b
Revenue (TTM)	₹35.58b

9.8x

P/E Ratio

4.7x

P/S Ratio

Is 532733 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
532733 income statement (TTM)
Revenue	₹35.58b
Cost of Revenue	₹8.98b
Gross Profit	₹26.59b
Other Expenses	₹9.40b
Earnings	₹17.19b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	43.62
Gross Margin	74.75%
Net Profit Margin	48.32%
Debt/Equity Ratio	0.9%

How did 532733 perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

20%

Payout Ratio

Valuation

Is Sun TV Network undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

45.6%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 532733 (₹427.05) is trading below our estimate of fair value (₹784.52)

Significantly Below Fair Value: 532733 is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: 532733 is good value based on its PE Ratio (9.8x) compared to the Indian Media industry average (14.7x).

PE vs Market: 532733 is good value based on its PE Ratio (9.8x) compared to the Indian market (20.5x).

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 (2.2x) compared to the IN Media industry average (1.5x).

Future Growth

How is Sun TV Network forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

7.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 532733's forecast earnings growth (7.3% per year) is above the savings rate (6.7%).

Earnings vs Market: 532733's earnings (7.3% per year) are forecast to grow slower than the Indian market (17.3% per year).

High Growth Earnings: 532733's earnings are forecast to grow, but not significantly.

Revenue vs Market: 532733's revenue (10% per year) is forecast to grow slower than the Indian market (11.7% per year).

High Growth Revenue: 532733's revenue (10% 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 (21.5%)

Past Performance

How has Sun TV Network performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

8.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 532733 has high quality earnings.

Growing Profit Margin: 532733's current net profit margins (48.3%) are higher than last year (40.9%).

Past Earnings Growth Analysis

Earnings Trend: 532733's earnings have grown by 8.5% per year over the past 5 years.

Accelerating Growth: 532733's earnings growth over the past year (34%) exceeds its 5-year average (8.5% per year).

Earnings vs Industry: 532733 earnings growth over the past year (34%) exceeded the Media industry 12.6%.

Return on Equity

High ROE: 532733's Return on Equity (22.4%) is considered high.

Financial Health

How is Sun TV Network's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: 532733's short term assets (₹53.0B) exceed its short term liabilities (₹7.3B).

Long Term Liabilities: 532733's short term assets (₹53.0B) exceed its long term liabilities (₹543.5M).

Debt to Equity History and Analysis

Debt Level: 532733 has more cash than its total debt.

Reducing Debt: Insufficient data to determine if 532733's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 532733's debt is well covered by operating cash flow (1910%).

Interest Coverage: 532733 earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is Sun TV Network current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

3.22%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 532733's dividend (3.22%) is higher than the bottom 25% of dividend payers in the Indian market (0.36%).

High Dividend: 532733's dividend (3.22%) is in the top 25% of dividend payers in the Indian market (1.6%)

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.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (20.1%), 532733's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (122.4%), 532733's dividend payments are not well covered by cash flows.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

6.5yrs

Average management tenure

CEO

Rajaraman Mahesh kumar (52 yo)

6.5yrs

Tenure

₹15,900,000

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 ($USD204.34K) is below average for companies of similar size in the Indian market ($USD501.39K).

Compensation vs Earnings: Rajaraman's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: 532733's management team is seasoned and experienced (6.5 years average tenure).

Board Members

Experienced Board: 532733's board of directors are seasoned and experienced ( 10.1 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/23 00:00
End of Day Share Price	2022/05/23 00:00
Earnings	2021/12/31
Annual Earnings	2021/03/31