NSEI:EROSMEDIA

Stock Analysis Report

Eros International Media

Executive Summary

Eros International Media Limited, together with its subsidiaries, engages in the production, exploitation, and distribution of films in India, UAE and internationally.

Snowflake

Fundamentals

Good value with adequate balance sheet.


Similar Companies

Share Price & News

How has Eros International Media's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

EROSMEDIA

2.8%

IN Entertainment

-0.6%

IN Market


1 Year Return

-84.7%

EROSMEDIA

-4.5%

IN Entertainment

5.0%

IN Market

Return vs Industry: EROSMEDIA underperformed the Indian Entertainment industry which returned -4.5% over the past year.

Return vs Market: EROSMEDIA underperformed the Indian Market which returned 5% over the past year.


Shareholder returns

EROSMEDIAIndustryMarket
7 Day0%2.8%-0.6%
30 Day11.8%9.0%5.9%
90 Day50.5%22.1%8.2%
1 Year-84.7%-84.7%-3.9%-4.5%7.0%5.0%
3 Year-90.6%-90.6%-3.8%-5.0%36.1%29.2%
5 Year-95.2%-95.2%-2.0%-4.9%38.6%25.8%

Price Volatility Vs. Market

How volatile is Eros International Media's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Eros International Media undervalued compared to its fair value and its price relative to the market?

17.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EROSMEDIA (₹15.65) is trading below our estimate of fair value (₹18.93)

Significantly Below Fair Value: EROSMEDIA is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: EROSMEDIA is good value based on its PE Ratio (0.9x) compared to the Entertainment industry average (31.1x).

PE vs Market: EROSMEDIA is good value based on its PE Ratio (0.9x) compared to the Indian market (13.3x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EROSMEDIA is good value based on its PB Ratio (0.1x) compared to the IN Entertainment industry average (0.8x).


Next Steps

Future Growth

How is Eros International Media forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EROSMEDIA's forecast earnings growth (10.4% per year) is above the savings rate (7.6%).

Earnings vs Market: EROSMEDIA's earnings (10.4% per year) are forecast to grow slower than the Indian market (19% per year).

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

Revenue vs Market: Insufficient data to determine if EROSMEDIA's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if EROSMEDIA's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if EROSMEDIA's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Eros International Media performed over the past 5 years?

-1.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EROSMEDIA has high quality earnings.

Growing Profit Margin: EROSMEDIA's current net profit margins (18.6%) are lower than last year (27.8%).


Past Earnings Growth Analysis

Earnings Trend: EROSMEDIA's earnings have declined by -1.2% per year over the past 5 years.

Accelerating Growth: EROSMEDIA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: EROSMEDIA had negative earnings growth (-34.7%) over the past year, making it difficult to compare to the Entertainment industry average (13.2%).


Return on Equity

High ROE: EROSMEDIA's Return on Equity (6.5%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Eros International Media's financial position?


Financial Position Analysis

Short Term Liabilities: EROSMEDIA's short term assets (₹10.3B) do not cover its short term liabilities (₹12.5B)

Long Term Liabilities: EROSMEDIA's short term assets (10.3B) exceeds its long term liabilities (3.7B)


Debt to Equity History and Analysis

Debt Level: EROSMEDIA's debt to equity ratio (26.1%) is considered satisfactory

Reducing Debt: EROSMEDIA's debt to equity ratio has reduced from 31.7% to 26.1% over the past 5 years.

Debt Coverage: EROSMEDIA's debt is well covered by operating cash flow (59.6%).

Interest Coverage: EROSMEDIA's interest payments on its debt are not well covered by EBIT (2.9x coverage).


Balance Sheet

Inventory Level: EROSMEDIA has a low level of unsold assets or inventory.

Debt Coverage by Assets: EROSMEDIA's debt is covered by short term assets (assets are 1.5x debt).


Next Steps

Dividend

What is Eros International Media's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.4%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EROSMEDIA'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 Eros International Media's salary, the management and board of directors tenure and is there insider trading?

2.1yrs

Average board tenure


CEO

Sunil Lulla (58yo)

10.2yrs

Tenure

₹48,008,808

Compensation

Mr. Sunil Arjan Lulla has been Executive Vice Chairman and Managing Director at Eros International Media Limited (alternate name: Eros India) since September 28, 2009. Mr. Lulla was Executive Vice Chairman ...


CEO Compensation Analysis

Compensation vs Market: Sunil's total compensation ($USD670.57K) is above average for companies of similar size in the Indian market ($USD33.52K).

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


Board Age and Tenure

2.1yrs

Average Tenure

61yo

Average Age

Experienced Board: EROSMEDIA's board of directors are not considered experienced ( 2.1 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.


Recent Insider Transactions

Buy₹7,691,51825 Mar 19
Eros International Plc
EntityCompany
Shares100,000
Max Price₹76.92
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Eros International Plc
EntityCompany
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Eros International Plc
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Max Price₹89.13
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Eros International Plc
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Eros International Plc
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Eros International Plc
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Max Price₹93.58
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Eros International Plc
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Max Price₹92.14
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Max Price₹84.45
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Prerna Singh
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Eros International Plc
EntityCompany
Shares75,000
Max Price₹95.77
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Eros International Plc
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Shares50,000
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Eros International Plc
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Eros International Plc
EntityCompany
Shares75,000
Max Price₹99.18

Ownership Breakdown

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


Management Team

  • Sunil Lulla (58yo)

    Executive Vice Chairman & MD

    • Tenure: 10.2yrs
    • Compensation: ₹48.01m
  • Ram Mirchandani (52yo)

    President of Motion Pictures

    • Tenure: 0yrs
  • Kishore Lulla (58yo)

    Executive Director

    • Tenure: 0yrs
    • Compensation: ₹14.07m
  • Kumar Ahuja (40yo)

    President of Business Development

    • Tenure: 0yrs
  • Nandu Ahuja (56yo)

    Senior Vice President of India Theatrical

    • Tenure: 0yrs
  • Abhay Bhalerao (53yo)

    Head of Investor Relations

    • Tenure: 0yrs
  • Sudam Patil (49yo)

    Head of HR & Administration

    • Tenure: 0yrs
  • Manav Sethi (41yo)

    Chief Marketing Officer

    • Tenure: 0yrs
  • Ali Hussein (39yo)

    Chief Operating Officer

    • Tenure: 0yrs
  • Farokh Gandhi (50yo)

    Chief Financial Officer

    • Tenure: 1.7yrs
    • Compensation: ₹7.92m

Board Members

  • Sunil Lulla (58yo)

    Executive Vice Chairman & MD

    • Tenure: 10.2yrs
    • Compensation: ₹48.01m
  • Kishore Lulla (58yo)

    Executive Director

    • Tenure: 0yrs
    • Compensation: ₹14.07m
  • Dhirendra Swarup (75yo)

    Independent Non-Executive Chairman

    • Tenure: 2.3yrs
    • Compensation: ₹10.53m
  • Sunil Srivastav (61yo)

    Non-Executive Independent Director

    • Tenure: 1.5yrs
    • Compensation: ₹2.45m
  • Bindu Saxena (61yo)

    Additional Independent Director

    • Tenure: 0.2yrs
  • Rakesh Sood (66yo)

    Non-Executive Independent Director

    • Tenure: 4.5yrs
    • Compensation: ₹5.98m
  • Subramaniam Lakshminarayanan (77yo)

    Non Executive Independent Director

    • Tenure: 2yrs
    • Compensation: ₹3.94m

Company Information

Eros International Media Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Eros International Media Limited
  • Ticker: EROSMEDIA
  • Exchange: NSEI
  • Founded: 1977
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: ₹1.495b
  • Shares outstanding: 95.55m
  • Website: https://www.erosplc.com/?page_id=897

Location

  • Eros International Media Limited
  • 901/902, Supreme Chambers
  • Off. Veera Desai Road
  • Mumbai
  • Maharashtra
  • 400053
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EROSMEDIANSEI (National Stock Exchange of India)YesEquity SharesININROct 2010
533261BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2010

Biography

Eros International Media Limited, together with its subsidiaries, engages in the production, exploitation, and distribution of films in India, UAE and internationally. The company operates on a vertically  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/12 12:51
End of Day Share Price2019/11/11 00:00
Earnings2019/09/30
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.