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TV18

TV18 BroadcastNSEI:TV18BRDCST Stock Report

Market Cap

₹70.9b

7D

-4.3%

1Y

39.2%

Updated

27 Nov, 2021

Data

Company Financials +
TV18BRDCST fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

TV18BRDCST Stock Overview

TV18 Broadcast Limited, together with its subsidiaries, operates a television broadcasting network in India.

Price History & Performance

Summary of all time highs, changes and price drops for TV18 Broadcast
Historical stock prices
Current Share Price₹41.35
52 Week High₹52.50
52 Week Low₹26.25
Beta0.92
1 Month Change0.73%
3 Month Change20.20%
1 Year Change39.23%
3 Year Change15.18%
5 Year Change11.91%
Change since IPO-91.83%

Recent News & Updates

Nov 21
When Should You Buy TV18 Broadcast Limited (NSE:TV18BRDCST)?

When Should You Buy TV18 Broadcast Limited (NSE:TV18BRDCST)?

TV18 Broadcast Limited ( NSE:TV18BRDCST ), is not the largest company out there, but it saw a significant share price...

Nov 08
Is TV18 Broadcast (NSE:TV18BRDCST) Using Too Much Debt?

Is TV18 Broadcast (NSE:TV18BRDCST) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Oct 04
A Look At The Fair Value Of TV18 Broadcast Limited (NSE:TV18BRDCST)

A Look At The Fair Value Of TV18 Broadcast Limited (NSE:TV18BRDCST)

How far off is TV18 Broadcast Limited ( NSE:TV18BRDCST ) from its intrinsic value? Using the most recent financial...

Shareholder Returns

TV18BRDCSTIN MediaIN Market
7D-4.3%1.2%-3.3%
1Y39.2%44.5%43.0%

Return vs Industry: TV18BRDCST underperformed the Indian Media industry which returned 44.5% over the past year.

Return vs Market: TV18BRDCST underperformed the Indian Market which returned 43% over the past year.

Price Volatility

Is TV18BRDCST's price volatile compared to industry and market?
TV18BRDCST volatility
TV18BRDCST Average Weekly Movement7.7%
Media Industry Average Movement6.0%
Market Average Movement6.0%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market3.8%

Stable Share Price: TV18BRDCST is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: TV18BRDCST's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
20053,891Rahul Joshihttps://www.nw18.com

TV18 Broadcast Limited, together with its subsidiaries, operates a television broadcasting network in India. The company operates business news channels, such as CNBC-TV18, CNBC Awaaz, and CNBC Bajar; general news channels, including CNN News18 and News18 India; News18 regional channels; CNBCTV18.com, a digital news website; factual entertainment channels comprising History TV18 and FYI TV18; Hindi mass entertainment channels consisting of Colors, Colors Cineplex, and Colors Rishtey; and regional entertainment channels, such as Colors Kannada, Colors Super, Colors Kannada Cinema, Colors Bangla and Colors Bangla Cinema, Colors Marathi, Colors Gujarati and Colors Gujarati Cinema, Colors Odia, and Colors Tamil. It also operates youth and music channels, including MTV India and MTV Beats; English entertainment channels comprising Comedy Central, Colors Infinity, and Vh1; kids channels consisting of Nickelodeon, Sonic, Nick Jr., and Nick HD+; Voot, Voot Select, and Voot Kids channels; and IndiaCast, a content asset monetization channel.

TV18 Broadcast Fundamentals Summary

How do TV18 Broadcast's earnings and revenue compare to its market cap?
TV18BRDCST fundamental statistics
Market Cap₹70.89b
Earnings (TTM)₹6.20b
Revenue (TTM)₹51.72b

11.4x

P/E Ratio

1.4x

P/S Ratio

Is TV18BRDCST overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
TV18BRDCST income statement (TTM)
Revenue₹51.72b
Cost of Revenue₹30.54b
Gross Profit₹21.18b
Expenses₹14.98b
Earnings₹6.20b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.62
Gross Margin40.95%
Net Profit Margin11.99%
Debt/Equity Ratio12.9%

How did TV18BRDCST perform over the long term?

See historical performance and comparison

Valuation

Is TV18 Broadcast undervalued compared to its fair value and its price relative to the market?

31.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TV18BRDCST (₹41.35) is trading below our estimate of fair value (₹59.88)

Significantly Below Fair Value: TV18BRDCST is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TV18BRDCST is good value based on its PE Ratio (11.4x) compared to the Indian Media industry average (15.9x).

PE vs Market: TV18BRDCST is good value based on its PE Ratio (11.4x) compared to the Indian market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: TV18BRDCST's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: TV18BRDCST is overvalued based on its PB Ratio (1.6x) compared to the IN Media industry average (1.5x).


Future Growth

How is TV18 Broadcast forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-3.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TV18BRDCST's earnings are forecast to decline over the next 3 years (-3.5% per year).

Earnings vs Market: TV18BRDCST's earnings are forecast to decline over the next 3 years (-3.5% per year).

High Growth Earnings: TV18BRDCST's earnings are forecast to decline over the next 3 years.

Revenue vs Market: TV18BRDCST's revenue (6.1% per year) is forecast to grow slower than the Indian market (12.7% per year).

High Growth Revenue: TV18BRDCST's revenue (6.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TV18BRDCST's Return on Equity is forecast to be low in 3 years time (7%).


Past Performance

How has TV18 Broadcast performed over the past 5 years?

53.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TV18BRDCST has high quality earnings.

Growing Profit Margin: TV18BRDCST's current net profit margins (12%) are higher than last year (6%).


Past Earnings Growth Analysis

Earnings Trend: TV18BRDCST's earnings have grown significantly by 53.1% per year over the past 5 years.

Accelerating Growth: TV18BRDCST's earnings growth over the past year (124.5%) exceeds its 5-year average (53.1% per year).

Earnings vs Industry: TV18BRDCST earnings growth over the past year (124.5%) exceeded the Media industry 42.9%.


Return on Equity

High ROE: TV18BRDCST's Return on Equity (17.8%) is considered low.


Financial Health

How is TV18 Broadcast's financial position?


Financial Position Analysis

Short Term Liabilities: TV18BRDCST's short term assets (₹52.5B) exceed its short term liabilities (₹27.9B).

Long Term Liabilities: TV18BRDCST's short term assets (₹52.5B) exceed its long term liabilities (₹2.0B).


Debt to Equity History and Analysis

Debt Level: TV18BRDCST's net debt to equity ratio (8.9%) is considered satisfactory.

Reducing Debt: TV18BRDCST's debt to equity ratio has increased from 9% to 12.9% over the past 5 years.

Debt Coverage: TV18BRDCST's debt is well covered by operating cash flow (158.8%).

Interest Coverage: TV18BRDCST earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is TV18 Broadcast current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TV18BRDCST's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TV18BRDCST'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 TV18BRDCST's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TV18BRDCST'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 TV18BRDCST's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

7.5yrs

Average management tenure


CEO

Rahul Joshi (51 yo)

3.08yrs

Tenure

₹71,000,000

Compensation

Mr. Rahul Joshi has been Managing Director and Executive Director of TV18 Broadcast Limited since October 15, 2018. He has been Chief Executive Officer and Group Editor-in-Chief of Network18 News at Televi...


CEO Compensation Analysis

Compensation vs Market: Rahul's total compensation ($USD946.02K) is above average for companies of similar size in the Indian market ($USD368.39K).

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


Leadership Team

Experienced Management: TV18BRDCST's management team is seasoned and experienced (7.5 years average tenure).


Board Members

Experienced Board: TV18BRDCST's board of directors are considered experienced (4.3 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.


Ownership Breakdown

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


Top Shareholders

Company Information

TV18 Broadcast Limited's employee growth, exchange listings and data sources


Key Information

  • Name: TV18 Broadcast Limited
  • Ticker: TV18BRDCST
  • Exchange: NSEI
  • Founded: 2005
  • Industry: Broadcasting
  • Sector: Media
  • Market Cap: ₹70.889b
  • Shares outstanding: 1.71b
  • Website: https://www.nw18.com

Number of Employees


Location

  • TV18 Broadcast Limited
  • Empire Complex
  • First Floor
  • Mumbai
  • Maharashtra
  • 400013
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/27 12:07
End of Day Share Price2021/11/26 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.