DEN Networks Limited, a mass media and entertainment company, distributes television channels through digital cable distribution network in India and internationally. More Details
Flawless balance sheet and fair value.
Share Price & News
How has DEN Networks's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: DEN is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: DEN's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.
7 Day Return
1 Year Return
Return vs Industry: DEN exceeded the Indian Media industry which returned -13.8% over the past year.
Return vs Market: DEN exceeded the Indian Market which returned 7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is DEN Networks's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWe Like These Underlying Trends At DEN Networks (NSE:DEN)
1 month ago | Simply Wall StWe're Not Counting On DEN Networks (NSE:DEN) To Sustain Its Statutory Profitability
2 months ago | Simply Wall StHow Much Did DEN Networks'(NSE:DEN) Shareholders Earn From Share Price Movements Over The Last Five Years?
Is DEN Networks undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: DEN (₹69.85) is trading below our estimate of fair value (₹104.31)
Significantly Below Fair Value: DEN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: DEN is poor value based on its PE Ratio (23.8x) compared to the IN Media industry average (13.6x).
PE vs Market: DEN is poor value based on its PE Ratio (23.8x) compared to the Indian market (17.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate DEN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: DEN is good value based on its PB Ratio (1.2x) compared to the IN Media industry average (1.3x).
How is DEN Networks forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 DEN 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.
- Examine whether DEN Networks is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- DEN Networks competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Media industry.
How has DEN Networks performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: DEN has high quality earnings.
Growing Profit Margin: DEN became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: DEN has become profitable over the past 5 years, growing earnings by 35.9% per year.
Accelerating Growth: DEN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: DEN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Media industry (-24.3%).
Return on Equity
High ROE: DEN's Return on Equity (4.7%) is considered low.
How is DEN Networks's financial position?
Financial Position Analysis
Short Term Liabilities: DEN's short term assets (₹25.4B) exceed its short term liabilities (₹5.7B).
Long Term Liabilities: DEN's short term assets (₹25.4B) exceed its long term liabilities (₹1.7B).
Debt to Equity History and Analysis
Debt Level: DEN's debt to equity ratio (0%) is considered satisfactory.
Reducing Debt: DEN's debt to equity ratio has reduced from 65.9% to 0% over the past 5 years.
Debt Coverage: DEN's debt is well covered by operating cash flow (1029500%).
Interest Coverage: DEN earns more interest than it pays, so coverage of interest payments is not a concern.
What is DEN Networks's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate DEN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate DEN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if DEN's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if DEN'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 DEN's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shailender Sharma (59 yo)
Mr. Shailender Nath Sharma has been the Chief Executive Officer of DEN Networks Limited since July 19, 2016. Mr. Sharma served as the Chief Executive Officer of Reliance Jio Infocomm Limited until July 5, ...
CEO Compensation Analysis
Compensation vs Market: Shailender's total compensation ($USD711.54K) is above average for companies of similar size in the Indian market ($USD354.15K).
Compensation vs Earnings: Shailender's compensation has been consistent with company performance over the past year.
|Chairman & MD||10.17yrs||₹32.54m||3.69% |
|Chief Executive Officer||4.33yrs||₹52.50m||0.13% |
|Chief Financial Officer||1.58yrs||₹6.63m||no data|
|Compliance Officer & Company Secretary||no data||₹3.97m||no data|
|Chief Operating Officer||9.08yrs||₹8.40m||no data|
|Group Chief Technology Officer||5.5yrs||no data||no data|
|General Manager of Legal||no data||no data||no data|
|General Manager of Human Resources||no data||no data||no data|
|Senior Vice President of Operations||no data||₹8.00m||no data|
|Head of IT||no data||no data||no data|
|Head of Billing & Collection||no data||no data||no data|
|President of Digital Services & Corporate Strategy||12.83yrs||₹11.00m||no data|
Experienced Management: DEN's management team is seasoned and experienced (7.3 years average tenure).
|Chairman & MD||10.17yrs||₹32.54m||3.69% |
|Non-Executive Independent Director||11.33yrs||₹70.00k||no data|
|Non-Executive Independent Director||12.17yrs||₹430.00k||0.013% |
|Non-Executive Director||1.67yrs||₹300.00k||no data|
|Non-Executive Nominee Director||3yrs||₹280.00k||no data|
|Non-Executive Director||1.67yrs||₹340.00k||no data|
|Non-Executive Director||1.67yrs||₹200.00k||no data|
|Independent Non-Executive Director||0.92yr||₹110.00k||no data|
Experienced Board: DEN's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
DEN Networks Limited's company bio, employee growth, exchange listings and data sources
- Name: DEN Networks Limited
- Ticker: DEN
- Exchange: NSEI
- Founded: 2007
- Industry: Cable and Satellite
- Sector: Media
- Market Cap: ₹33.501b
- Shares outstanding: 477.22m
- Website: https://www.dennetworks.com
- DEN Networks Limited
- Unit No.116, C Wing, Bldg. No. 2
- 1st Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|DEN||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Nov 2009|
|533137||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Nov 2009|
DEN Networks Limited, a mass media and entertainment company, distributes television channels through digital cable distribution network in India and internationally. The company also offers cable TV, over...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 12:15|
|End of Day Share Price||2020/11/26 00:00|
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.