NSEI:ZEEL

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Zee Entertainment Enterprises

Executive Summary

Zee Entertainment Enterprises Limited, together with its subsidiaries, engages in broadcasting satellite television channels. More Details

Rewards

Earnings are forecast to grow 42.58% per year

Risk Analysis

No risks detected for ZEEL from our risk checks.


Snowflake Analysis

Reasonable growth potential with adequate balance sheet.


Similar Companies

Share Price & News

How has Zee Entertainment Enterprises's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ZEEL is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ZEEL's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

7.8%

ZEEL

7.4%

IN Media

2.8%

IN Market


1 Year Return

-31.8%

ZEEL

-3.7%

IN Media

11.8%

IN Market

Return vs Industry: ZEEL underperformed the Indian Media industry which returned -3.5% over the past year.

Return vs Market: ZEEL underperformed the Indian Market which returned 10.4% over the past year.


Shareholder returns

ZEELIndustryMarket
7 Day7.8%7.4%2.8%
30 Day12.3%12.0%12.9%
90 Day-7.2%-0.6%15.3%
1 Year-31.8%-31.8%-2.2%-3.7%13.8%11.8%
3 Year-63.7%-64.3%-57.6%-59.2%10.8%5.4%
5 Year-47.8%-49.2%-42.5%-45.2%63.0%50.8%

Long-Term Price Volatility Vs. Market

How volatile is Zee Entertainment Enterprises's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Zee Entertainment Enterprises undervalued compared to its fair value and its price relative to the market?

2.08x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: ZEEL (₹204.5) is trading above our estimate of fair value (₹177.35)

Significantly Below Fair Value: ZEEL is trading above our estimate of fair value.


Price To Earnings Ratio

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

PE vs Market: ZEEL 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 ZEEL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ZEEL is overvalued based on its PB Ratio (2.1x) compared to the IN Media industry average (1.4x).


Next Steps

Future Growth

How is Zee Entertainment Enterprises forecast to perform in the next 1 to 3 years based on estimates from 21 analysts?

42.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ZEEL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (7.2%).

Earnings vs Market: ZEEL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ZEEL's is expected to become profitable in the next 3 years.

Revenue vs Market: ZEEL's revenue (13.3% per year) is forecast to grow faster than the Indian market (11.5% per year).

High Growth Revenue: ZEEL's revenue (13.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ZEEL's Return on Equity is forecast to be low in 3 years time (14.7%).


Next Steps

Past Performance

How has Zee Entertainment Enterprises performed over the past 5 years?

-6.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZEEL is currently unprofitable.

Growing Profit Margin: ZEEL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ZEEL is unprofitable, and losses have increased over the past 5 years at a rate of 6.3% per year.

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

Earnings vs Industry: ZEEL is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (-19%).


Return on Equity

High ROE: ZEEL has a negative Return on Equity (-3.12%), as it is currently unprofitable.


Next Steps

Financial Health

How is Zee Entertainment Enterprises's financial position?


Financial Position Analysis

Short Term Liabilities: ZEEL's short term assets (₹100.8B) exceed its short term liabilities (₹22.3B).

Long Term Liabilities: ZEEL's short term assets (₹100.8B) exceed its long term liabilities (₹5.3B).


Debt to Equity History and Analysis

Debt Level: ZEEL's debt to equity ratio (7.1%) is considered satisfactory.

Reducing Debt: ZEEL's debt to equity ratio has increased from 0.02% to 7.1% over the past 5 years.

Debt Coverage: ZEEL's debt is well covered by operating cash flow (157.5%).

Interest Coverage: ZEEL is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Zee Entertainment Enterprises's current dividend yield, its reliability and sustainability?

0.15%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ZEEL's dividend (0.15%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.51%).

High Dividend: ZEEL's dividend (0.15%) is low compared to the top 25% of dividend payers in the Indian market (2.07%).


Stability and Growth of Payments

Stable Dividend: ZEEL is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.

Growing Dividend: ZEEL is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ZEEL'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?

2.7yrs

Average management tenure


CEO

Punit Goenka (45 yo)

12.42yrs

Tenure

₹90,180,000

Compensation

Mr. Punit Goenka, BCom., has been the Chairman of the Board of Broadcast Audience Research Council since January 29, 2019. Mr. Goenka had been Non-Executive Non-Independent Chairman of the Board at Zee Med...


CEO Compensation Analysis

Compensation vs Market: Punit's total compensation ($USD1.22M) is above average for companies of similar size in the Indian market ($USD753.63K).

Compensation vs Earnings: Punit's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Punit Goenka
MD, CEO & Whole Time Director12.42yrs₹90.18mno data
Rohit Gupta
Chief Financial Officer2.33yrs₹25.54mno data
Bijal Shah
Head of FPA & Investor Relations4.25yrs₹11.28mno data
Ashish Agarwal
Chief Compliance Officer & Company Secretary0.33yr₹11.79mno data
Vijay Sanil
President of Sales2.67yrs₹23.45mno data
Animesh Kumar
Chief People Officer2.42yrs₹28.89mno data
Laxmi Shetty
Chief Sales Strategy & Maximisation Officer2.67yrs₹25.11mno data
Sanjoy Chatterjee
Principal Cluster Head of Sales2.67yrs₹17.58mno data
Anurag Bedi
Chief Business Officer of Zee Music13.83yrs₹21.88mno data
Siju Prabhakaran
Cluster Head of South16.25yrs₹21.24mno data
Sunita Uchil
Chief Business Officer1.67yrs₹11.81mno data
Gunjarav Nayak
Principal Cluster Head of Sales2.67yrs₹17.70mno data

2.7yrs

Average Tenure

46yo

Average Age

Experienced Management: ZEEL's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Punit Goenka
MD, CEO & Whole Time Director12.42yrs₹90.18mno data
Adesh Gupta
Independent Director5yrs₹6.38m0.000030%
₹ 57.0k
Ashok Kurien
Non-Executive Director28.08yrs₹6.17mno data
Subhash Chandra
Chairman Emeritus0.33yr₹5.04mno data
Manish Chokhani
Independent Director5.67yrs₹6.17m0.021%
₹ 39.5m
Piyush Pandey
Independent Director0.75yr₹130.00k0.00023%
₹ 436.9k
Rajarangamani Gopalan
Independent Chairman of the Board0.33yr₹2.68mno data
Alicia Yi
Independent Director0.67yrno datano data

2.9yrs

Average Tenure

64.5yo

Average Age

Experienced Board: ZEEL's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


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

Zee Entertainment Enterprises Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Zee Entertainment Enterprises Limited
  • Ticker: ZEEL
  • Exchange: NSEI
  • Founded: 1982
  • Industry: Broadcasting
  • Sector: Media
  • Market Cap: ₹189.940b
  • Shares outstanding: 960.50m
  • Website: https://www.zeeentertainment.com

Number of Employees


Location

  • Zee Entertainment Enterprises Limited
  • Marathon Futurex
  • 18th Floor, A-Wing
  • Mumbai
  • Maharashtra
  • 400013
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
505537BSE (Mumbai Stock Exchange)YesEquity SharesININRAug 1999
ZEELNSEI (National Stock Exchange of India)YesEquity SharesININRAug 1999
717503BSE (Mumbai Stock Exchange)6% CUMULATIVE REDEEMABLE NON-CONV PREF SININRMar 2014
ZEELP1NSEI (National Stock Exchange of India)6% CUMULATIVE REDEEMABLE NON-CONV PREF SININRMar 2014

Biography

Zee Entertainment Enterprises Limited, together with its subsidiaries, engages in broadcasting satellite television channels. The company broadcasts channels, including Hindi entertainment channels, such a...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/03 12:08
End of Day Share Price2020/12/03 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.