BSE:532795

Stock Analysis Report

Executive Summary

SITI Networks Limited, a multi-system operator, provides cable television network, Internet, and allied services in India.

Snowflake

Fundamentals

Adequate balance sheet and overvalued.


Similar Companies

Share Price & News

How has SITI Networks's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.0%

532795

4.4%

IN Media

3.1%

IN Market


1 Year Return

-82.2%

532795

-38.1%

IN Media

3.7%

IN Market

Return vs Industry: 532795 underperformed the Indian Media industry which returned -38.1% over the past year.

Return vs Market: 532795 underperformed the Indian Market which returned 3.7% over the past year.


Shareholder returns

532795IndustryMarket
7 Day3.0%4.4%3.1%
30 Day-27.3%-8.7%5.7%
90 Day-26.7%-14.3%1.4%
1 Year-82.2%-82.2%-37.2%-38.1%5.9%3.7%
3 Year-95.0%-95.0%-46.3%-47.8%22.3%16.0%
5 Year-93.2%-93.2%-27.8%-30.8%42.5%28.9%

Price Volatility Vs. Market

How volatile is SITI Networks's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SITI Networks undervalued compared to its fair value and its price relative to the market?

0.77x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: 532795 (₹1.73) is trading above our estimate of fair value (₹0.33)

Significantly Undervalued: 532795 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 532795 is unprofitable, so we can't compare its PE Ratio to the Media industry average.

PE vs Market: 532795 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 532795's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532795 is good value based on its PB Ratio (0.8x) compared to the IN Media industry average (1.1x).


Next Steps

Future Growth

How is SITI Networks forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.8%

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 SITI Networks 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 SITI Networks performed over the past 5 years?

-26.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 532795 is unprofitable, and losses have increased over the past 5 years at a rate of -26.9% per year.

Accelerating Growth: Unable to compare 532795's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 532795 is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (13.8%).


Return on Equity

High ROE: 532795 has a negative Return on Equity (-84.81%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 532795 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 532795 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is SITI Networks's financial position?


Financial Position Analysis

Short Term Liabilities: 532795's short term assets (₹8.9B) do not cover its short term liabilities (₹16.3B)

Long Term Liabilities: 532795's short term assets (8.9B) exceeds its long term liabilities (8.8B)


Debt to Equity History and Analysis

Debt Level: 532795's debt to equity ratio (521%) is considered high

Reducing Debt: 532795's debt to equity ratio has reduced from 910.5% to 521% over the past 5 years.


Balance Sheet

Inventory Level: 532795 has a high level of physical assets or inventory.

Debt Coverage by Assets: 532795's debt is not covered by short term assets (assets are 0.6x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 532795 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 532795 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 140.4% per year.


Next Steps

Dividend

What is SITI Networks's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage2.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 532795's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 532795's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 532795's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 532795's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 532795's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of SITI Networks's salary, the management and board of directors tenure and is there insider trading?

2.1yrs

Average management tenure


CEO

Anil Malhotra (55yo)

0.08yrs

Tenure

0

Mr. Anil Kumar Malhotra serves as Chief Executive Officer at SITI Networks Limited from September 1, 2019. He served as the Chief Operating Officer Strategy & Compliances and previously served as Chief Ope ...


CEO Compensation Analysis

Compensation vs. Market: Anil's total compensation ($USD0.00) is too low to compare against companies of similar size in the Indian market ($USD28.94K).

Compensation vs Earnings: Insufficient data to compare Anil's compensation with company performance.


Management Age and Tenure

2.1yrs

Average Tenure

49yo

Average Age

Experienced Management: 532795's management team is considered experienced (2.1 years average tenure).


Board Age and Tenure

0.6yrs

Average Tenure

46yo

Average Age

Experienced Board: 532795's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Ashish Bhatia (48yo)

    Chief Operating Officer of Broadband

    • Tenure: 0yrs
  • Yogesh Sharma (49yo)

    Chief Operating Officer of Video

    • Tenure: 0yrs
  • Sanjay Berry (50yo)

    Chief Financial Officer

    • Tenure: 2.1yrs
  • Anil Malhotra (55yo)

    Chief Executive Officer

    • Tenure: 0.08yrs
  • Alok Govil (58yo)

    Chief Operating Officer of Video

    • Tenure: 0yrs
  • Rajesh Sethi (48yo)

    Chief Business Transformation Officer

    • Tenure: 2.3yrs
  • Vikas Bajaj (46yo)

    Chief Operating Officer of Video

    • Tenure: 0yrs
  • Mukesh Ghuriani

    Chief Technology Officer

    • Tenure: 0yrs
  • Sanjeev Garg (52yo)

    Chief Operating Officer

    • Tenure: 0yrs
  • Ashish Goel (49yo)

    Chief Human Resource Officer

    • Tenure: 0yrs

Board Members

  • Sunil Maheshwari (55yo)

    Independent Director

    • Tenure: 1.9yrs
    • Compensation: ₹80.00k
  • Deepak Mittal (41yo)

    Independent Director

    • Tenure: 0.5yrs
  • Kavita Kapahi (46yo)

    Non-Executive Independent Director

    • Tenure: 4.6yrs
    • Compensation: ₹160.00k
  • Suresh Arora (55yo)

    Whole Time Director

    • Tenure: 0.6yrs
  • Bhanu Singh (43yo)

    Independent Director

    • Tenure: 0.5yrs

Company Information

SITI Networks Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SITI Networks Limited
  • Ticker: 532795
  • Exchange: BSE
  • Founded: 2006
  • Industry: Cable and Satellite
  • Sector: Media
  • Market Cap: ₹1.535b
  • Shares outstanding: 872.05m
  • Website: https://www.sitinetworks.com

Location

  • SITI Networks Limited
  • Plot No. 19 & 20
  • UG Floor
  • Noida
  • Uttar Pradesh
  • 201301
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532795BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2007
SITINETNSEI (National Stock Exchange of India)YesEquity SharesININRJan 2007

Biography

SITI Networks Limited, a multi-system operator, provides cable television network, Internet, and allied services in India. Its product range includes digital and analogue cable television, and broadband an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 12:43
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.