BSE:532798

Stock Analysis Report

Network18 Media & Investments

Executive Summary

Network18 Media & Investments Limited operates as a media and entertainment company in India.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Network18 Media & Investments's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532798's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.4%

532798

2.7%

IN Media

0.2%

IN Market


1 Year Return

-29.2%

532798

-30.6%

IN Media

7.2%

IN Market

Return vs Industry: 532798 matched the Indian Media industry which returned -29.3% over the past year.

Return vs Market: 532798 underperformed the Indian Market which returned 6.7% over the past year.


Shareholder returns

532798IndustryMarket
7 Day-0.4%2.7%0.2%
30 Day5.5%3.4%2.1%
90 Day25.5%3.4%5.7%
1 Year-29.2%-29.2%-29.5%-30.6%9.2%7.2%
3 Year-24.4%-24.4%-42.9%-44.6%33.1%26.2%
5 Year-55.0%-55.0%-37.8%-40.6%35.6%23.5%

Price Volatility Vs. Market

How volatile is Network18 Media & Investments's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Network18 Media & Investments undervalued compared to its fair value and its price relative to the market?

4.63x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 532798's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 532798's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 532798 is unprofitable, so we can't compare its PE Ratio to the Media industry average.

PE vs Market: 532798 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532798's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532798 is overvalued based on its PB Ratio (5x) compared to the IN Media industry average (1.2x).


Next Steps

Future Growth

How is Network18 Media & Investments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.6%

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 Network18 Media & Investments 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 Network18 Media & Investments performed over the past 5 years?

14.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532798 is currently unprofitable.

Growing Profit Margin: 532798 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 532798 is unprofitable, but has reduced losses over the past 5 years at a rate of 14.5% per year.

Accelerating Growth: Unable to compare 532798's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 532798 is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (14.9%).


Return on Equity

High ROE: 532798 has a negative Return on Equity (-2.6%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Network18 Media & Investments's financial position?


Financial Position Analysis

Short Term Liabilities: 532798's short term assets (₹42.1B) do not cover its short term liabilities (₹55.9B).

Long Term Liabilities: 532798's short term assets (₹42.1B) exceed its long term liabilities (₹1.8B).


Debt to Equity History and Analysis

Debt Level: 532798's debt to equity ratio (106.7%) is considered high.

Reducing Debt: 532798's debt to equity ratio has increased from 25.7% to 106.7% over the past 5 years.


Balance Sheet

Inventory Level: 532798 has a high level of physical assets or inventory.

Debt Coverage by Assets: 532798's debt is covered by short term assets (assets are 1.3x 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: Insufficient data to determine if 532798 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 532798 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Network18 Media & Investments's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.3%industryaverage2.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 532798's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 532798'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 532798's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 532798's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 532798 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 532798'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 Network18 Media & Investments's salary, the management and board of directors tenure and is there insider trading?

3.3yrs

Average management tenure


CEO

Avinash Kaul (46yo)

0.7yrs

Tenure

0

Mr. Avinash Kaul serves as the Chief Executive Officer of Network18 Media & Investments Ltd since May 2019. Mr. Kaul has been the Chief Executive Officer of IBN News Networks since May 26, 2014. He is Mana ...


Management Age and Tenure

3.3yrs

Average Tenure

48.5yo

Average Age

Experienced Management: 532798's management team is considered experienced (3.3 years average tenure).


Board Age and Tenure

3.0yrs

Average Tenure

65yo

Average Age

Experienced Board: 532798's board of directors are considered experienced (3 years average tenure).


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

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Ramesh Damani

    Chief Financial Officer

    • Tenure: 3yrs
  • Rajneesh Singh

    Group Head of Human Resources

    • Tenure: 12.3yrs
  • Sunil Alimchandani (59yo)

    Group Senior Vice President of Finance

    • Tenure: 19.3yrs
  • Avinash Kaul (46yo)

    Chief Executive Officer

    • Tenure: 0.7yrs
  • Kshipra Jatana (48yo)

    Group General Counsel

    • Simarjeet Chadha

      Head of finance

      • Rajat Nigam

        Group Chief Technology Officer

        • Tenure: 4.5yrs
      • Rahul Joshi (49yo)

        MD & Director

        • Compensation: ₹35.74m
      • Ratnesh Rukhariyar

        Group Company Secretary & Compliance Officer

        • Tenure: 3.3yrs
      • Priyanka Kaul

        President of Marketing & Special Projects

        • Tenure: 0.7yrs

      Board Members

      • Panda Madhu Sudana Prasad (67yo)

        Non-Executive Director

        • Tenure: 3yrs
        • Compensation: ₹700.00k
      • Dhruv Kaji (68yo)

        Independent Director

        • Tenure: 5.2yrs
        • Compensation: ₹1.60m
      • Rajiv Luthra (62yo)

        Independent Director

        • Tenure: 5.2yrs
        • Compensation: ₹300.00k
      • Adil Zainulbhai (66yo)

        Independent Non-Executive Chairman

        • Compensation: ₹1.80m
      • Bhama Krishnamurthy (65yo)

        Independent Director

        • Tenure: 0.3yrs
      • Rahul Joshi (49yo)

        MD & Director

        • Compensation: ₹35.74m
      • Jyothi Deshpande (48yo)

        Non-Executive Director

        • Tenure: 1.8yrs
        • Compensation: ₹500.00k

      Company Information

      Network18 Media & Investments Limited's company bio, employee growth, exchange listings and data sources


      Key Information

      • Name: Network18 Media & Investments Limited
      • Ticker: 532798
      • Exchange: BSE
      • Founded: 1996
      • Industry: Broadcasting
      • Sector: Media
      • Market Cap: ₹28.896b
      • Shares outstanding: 1.05b
      • Website: https://www.nw18.com

      Location

      • Network18 Media & Investments Limited
      • Empire Complex
      • First Floor
      • Mumbai
      • Maharashtra
      • 400013
      • India

      Listings

      TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
      532798BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 2007
      NETWORK18NSEI (National Stock Exchange of India)YesEquity SharesININRFeb 2007

      Biography

      Network18 Media & Investments Limited operates as a media and entertainment company in India. It engages in television, digital content, filmed entertainment, e-commerce, print magazines, mobile content, and allied businesses. It operates business news channels, such as CNBC-TV18, CNBC Awaaz, and CNBC Bajar; general news channels, including CNN News18, News18 India, and News18; and regional news channels comprising News18 network. The company also operates Hindi general entertainment channels consisting of Colors, Colors Rishtey, Rishtey Cineplex, MTV India, and MTV Beats; English entertainment channels, such as VH1, Comedy Central, and Colors Infinity; and regional entertainment channels consisting of Colors Kannada, Colors Super, Kannada Cinema, Colors Bangla, Colors Marathi, Colors Gujarati, Colors Oriya, and Colors Tamil. In addition, it operates kids entertainment channels comprising Nickelodeon, Sonic, Nick Jr., and Nick HD+; factual entertainment and lifestyle channels, such as HistoryTV18 and FYI TV18; VOOT, a Viacom18’s premium ad supported video-on-demand platform; filmed entertainment channels, such as Viacom18 Motion Pictures; and IndiaCast, a content asset monetization channel, as well as integrated network solutions. In addition, the company operates digital content Websites, including MoneyControl, News18, CNBCTV18.com, CricketNext, and Firstpost, as well as bookmyshow.com, an online ticketing platform. Further, it publishes Forbes India, Overdrive, Better Photography, and Better Interiors magazines; and produces films and TV shows. The company was formerly known as Network18 Fincap Private Limited and changed its name to Network18 Media & Investments Limited in December 2007. Network18 Media & Investments Limited was incorporated in 1996 and is based in Mumbai, India. 


      Company Analysis and Financial Data Status

      All financial data provided by Standard & Poor's Capital IQ.
      DataLast Updated (UTC time)
      Company Analysis2020/01/20 12:47
      End of Day Share Price2020/01/20 00:00
      Earnings2019/12/31
      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.