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TVTO

T.V. Today Network NSEI:TVTODAY Stock Report

Last Price

₹272.50

Market Cap

₹16.3b

7D

-14.6%

1Y

-14.7%

Updated

19 May, 2022

Data

Company Financials +
TVTODAY fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends4/6

TVTODAY Stock Overview

T.V. Today Network Limited, together with its subsidiaries, engages in television programming and broadcasting activities in India.

T.V. Today Network Competitors

Price History & Performance

Summary of all time highs, changes and price drops for T.V. Today Network
Historical stock prices
Current Share Price₹272.50
52 Week High₹460.10
52 Week Low₹269.60
Beta0.46
1 Month Change-33.53%
3 Month Change-31.48%
1 Year Change-14.72%
3 Year Change5.01%
5 Year Change6.95%
Change since IPO49.60%

Recent News & Updates

May 15
T.V. Today Network Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

T.V. Today Network Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

One of the biggest stories of last week was how T.V. Today Network Limited ( NSE:TVTODAY ) shares plunged 28% in the...

Feb 24
Returns On Capital At T.V. Today Network (NSE:TVTODAY) Paint A Concerning Picture

Returns On Capital At T.V. Today Network (NSE:TVTODAY) Paint A Concerning Picture

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...

Shareholder Returns

TVTODAYIN MediaIN Market
7D-14.6%2.8%1.7%
1Y-14.7%7.3%10.5%

Return vs Industry: TVTODAY underperformed the Indian Media industry which returned 7.3% over the past year.

Return vs Market: TVTODAY underperformed the Indian Market which returned 10.5% over the past year.

Price Volatility

Is TVTODAY's price volatile compared to industry and market?
TVTODAY volatility
TVTODAY Average Weekly Movement7.3%
Media Industry Average Movement7.2%
Market Average Movement7.3%
10% most volatile stocks in IN Market10.0%
10% least volatile stocks in IN Market4.8%

Stable Share Price: TVTODAY is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: TVTODAY's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19991,732Kalli Bhandalhttps://aajtak.intoday.in

T.V. Today Network Limited, together with its subsidiaries, engages in television programming and broadcasting activities in India. The company operates through three segments: Television Broadcasting, Radio Broadcasting, and Newspaper Publishing. It operates Aaj Tak, a Hindi news channel; India Today Television, an English news channel; and Tez, a Hindi news channel.

T.V. Today Network Fundamentals Summary

How do T.V. Today Network's earnings and revenue compare to its market cap?
TVTODAY fundamental statistics
Market Cap₹16.25b
Earnings (TTM)₹1.82b
Revenue (TTM)₹9.30b

9.0x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TVTODAY income statement (TTM)
Revenue₹9.30b
Cost of Revenue₹3.71b
Gross Profit₹5.59b
Other Expenses₹3.78b
Earnings₹1.82b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)30.42
Gross Margin60.12%
Net Profit Margin19.52%
Debt/Equity Ratio0%

How did TVTODAY perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

10%

Payout Ratio

Valuation

Is T.V. Today Network undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: TVTODAY (₹272.5) is trading below our estimate of fair value (₹706.64)

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


Price To Earnings Ratio

PE vs Industry: TVTODAY is good value based on its PE Ratio (9x) compared to the Indian Media industry average (14.6x).

PE vs Market: TVTODAY is good value based on its PE Ratio (9x) compared to the Indian market (20.7x).


Price to Earnings Growth Ratio

PEG Ratio: TVTODAY is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: TVTODAY's PB Ratio (1.4x) is in line with the IN Media industry average.


Future Growth

How is T.V. Today Network forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TVTODAY's forecast earnings growth (11% per year) is above the savings rate (6.7%).

Earnings vs Market: TVTODAY's earnings (11% per year) are forecast to grow slower than the Indian market (17.9% per year).

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

Revenue vs Market: TVTODAY's revenue (7.9% per year) is forecast to grow slower than the Indian market (11.8% per year).

High Growth Revenue: TVTODAY's revenue (7.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TVTODAY's Return on Equity is forecast to be low in 3 years time (17.1%).


Past Performance

How has T.V. Today Network performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


9.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TVTODAY has high quality earnings.

Growing Profit Margin: TVTODAY's current net profit margins (19.5%) are higher than last year (16.8%).


Past Earnings Growth Analysis

Earnings Trend: TVTODAY's earnings have grown by 9.4% per year over the past 5 years.

Accelerating Growth: TVTODAY's earnings growth over the past year (38%) exceeds its 5-year average (9.4% per year).

Earnings vs Industry: TVTODAY earnings growth over the past year (38%) exceeded the Media industry 28.3%.


Return on Equity

High ROE: TVTODAY's Return on Equity (15.7%) is considered low.


Financial Health

How is T.V. Today Network's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TVTODAY's short term assets (₹11.3B) exceed its short term liabilities (₹2.2B).

Long Term Liabilities: TVTODAY's short term assets (₹11.3B) exceed its long term liabilities (₹297.3M).


Debt to Equity History and Analysis

Debt Level: TVTODAY is debt free.

Reducing Debt: TVTODAY has no debt compared to 5 years ago when its debt to equity ratio was 6%.

Debt Coverage: TVTODAY has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TVTODAY has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is T.V. Today Network current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.10%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: TVTODAY's dividend (1.1%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).

High Dividend: TVTODAY's dividend (1.1%) is low compared to the top 25% of dividend payers in the Indian market (1.57%).


Stability and Growth of Payments

Stable Dividend: TVTODAY's dividend payments have been volatile in the past 10 years.

Growing Dividend: TVTODAY's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (9.9%), TVTODAY's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (8.6%), TVTODAY's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Management

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

4.6yrs

Average management tenure


CEO

Kalli Bhandal (49 yo)

4.08yrs

Tenure

₹93,746,639

Compensation

Ms. Kalli Purie Bhandal serves as a Director of HarperCollins Publishers India Ltd. Ms. Bhandal serves as MD & Vice Chairperson since April 1, 2018 & had been Whole Time Director of T.V. Today Network Limi...


CEO Compensation Analysis

Compensation vs Market: Kalli's total compensation ($USD1.21M) is above average for companies of similar size in the Indian market ($USD185.54K).

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


Leadership Team

Experienced Management: TVTODAY's management team is considered experienced (4.6 years average tenure).


Board Members

Experienced Board: TVTODAY's board of directors are considered experienced (8.3 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

T.V. Today Network Limited's employee growth, exchange listings and data sources


Key Information

  • Name: T.V. Today Network Limited
  • Ticker: TVTODAY
  • Exchange: NSEI
  • Founded: 1999
  • Industry: Broadcasting
  • Sector: Media
  • Implied Market Cap: ₹16.254b
  • Shares outstanding: 59.67m
  • Website: https://aajtak.intoday.in

Number of Employees


Location

  • T.V. Today Network Limited
  • India Today Group Mediaplex
  • FC-8, Sector- 16A
  • Noida
  • Uttar Pradesh
  • 201301
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.