NYSE:EROS

Stock Analysis Report

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Executive Summary

Eros International Plc, together with its subsidiaries, co-produces, acquires, and distributes Indian language films in various formats worldwide.


Snowflake Analysis

Mediocre balance sheet and overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

1.3%

EROS

5.2%

US Entertainment

4.3%

US Market


1 Year Return

92.8%

EROS

18.6%

US Entertainment

7.4%

US Market

Return vs Industry: EROS exceeded the US Entertainment industry which returned 15.4% over the past year.

Return vs Market: EROS exceeded the US Market which returned 5% over the past year.


Shareholder returns

EROSIndustryMarket
7 Day1.3%5.2%4.3%
30 Day-16.0%9.1%0.5%
90 Day85.0%34.3%23.0%
1 Year92.8%92.8%19.4%18.6%9.7%7.4%
3 Year-72.5%-72.5%55.8%51.8%38.3%29.2%
5 Year-89.3%-89.3%89.9%81.0%66.0%47.6%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.66x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate EROS's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate EROS's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: EROS is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: EROS is good value based on its PB Ratio (0.6x) compared to the US Entertainment industry average (2.8x).


Next Steps

Future Growth

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

14.6%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if EROS's forecast earnings growth is above the savings rate (2.2%).

Earnings vs Market: Insufficient data to determine if EROS's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: EROS's revenue (14.6% per year) is forecast to grow faster than the US market (9.3% per year).

High Growth Revenue: EROS's revenue (14.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EROS's Return on Equity is forecast to be low in 3 years time (9.7%).


Next Steps

Past Performance

How has Eros International performed over the past 5 years?

-89.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EROS is currently unprofitable.

Growing Profit Margin: EROS is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EROS is unprofitable, and losses have increased over the past 5 years at a rate of -89.5% per year.

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

Earnings vs Industry: EROS is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (21.3%).


Return on Equity

High ROE: EROS has a negative Return on Equity (-64.69%), as it is currently unprofitable.


Next Steps

Financial Health

How is Eros International's financial position?


Financial Position Analysis

Short Term Liabilities: EROS's short term assets ($245.0M) do not cover its short term liabilities ($259.6M).

Long Term Liabilities: EROS's short term assets ($245.0M) exceed its long term liabilities ($110.0M).


Debt to Equity History and Analysis

Debt Level: EROS's debt to equity ratio (30.9%) is considered satisfactory.

Reducing Debt: EROS's debt to equity ratio has reduced from 46.4% to 30.9% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: EROS has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: EROS has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.5% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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


Next Steps

Management

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

5.1yrs

Average management tenure


CEO

Kishore Lulla (59yo)

9.08yrs

Tenure

US$1,432,000

Compensation

Mr. Kishore Lulla has been the Executive Chairman and Chief Executive Officer of Eros Media Ltd. since January 2010. Mr. Lulla has been the Executive Chairman and Group Chief Executive Officer of Eros Inte ...


CEO Compensation Analysis

Compensation vs Market: Kishore's total compensation ($USD1.43M) is below average for companies of similar size in the US market ($USD2.15M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Kishore Lulla
Executive Chairman9.08yrsUS$1.43m4.65% $24.1m
Mark Carbeck
Chief Corporate & Strategy Officer6.25yrsno datano data
Prem Parameswaran
Group CFO1.58yrsUS$485.00kno data
Surender Sadhwani
Head of Middle East Operations & Syndication2.5yrsno datano data
Rishika Singh
Chairman of Eros Digital & Director5.67yrsUS$445.00k1.05% $5.4m
Shikha Kapur
Chief Operating Officer0.083yrno datano data
Rohit Bhargava
Vice President of Human Resourcesno datano datano data
Sunil Lulla
Executive Director14.25yrsUS$678.00kno data
Charles Hambro
Executive Vice President of Corporate Planning & Strategyno datano datano data
Viki Rajani
Executive Vice President of Eros Pictures - India Officeno datano datano data

5.1yrs

Average Tenure

55.5yo

Average Age

Experienced Management: EROS's management team is seasoned and experienced (5.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kishore Lulla
Executive Chairman9.08yrsUS$1.43m4.65% $24.1m
Prem Parameswaran
Group CFO1.58yrsUS$485.00kno data
Rishika Singh
Chairman of Eros Digital & Director5.67yrsUS$445.00k1.05% $5.4m
Sunil Lulla
Executive Director14.25yrsUS$678.00kno data
Shailendra Swarup
Independent Director3yrsUS$52.00kno data
Dilip Thakkar
Independent Director14.25yrsUS$78.00kno data
Dhirendra Swarup
Independent Director1yrno datano data

5.7yrs

Average Tenure

59yo

Average Age

Experienced Board: EROS's board of directors are considered experienced (5.7 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 been substantially diluted in the past year, with total shares outstanding growing by 123.7%.


Top Shareholders

Company Information

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


Key Information

  • Name: Eros International Plc
  • Ticker: EROS
  • Exchange: NYSE
  • Founded: 1977
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: US$518.011m
  • Shares outstanding: 161.88m
  • Website: https://www.erosplc.com

Number of Employees


Location

  • Eros International Plc
  • 550 County Avenue
  • Secaucus
  • New Jersey
  • 7094
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EROSNYSE (New York Stock Exchange)YesA Ordinary SharesUSUSDNov 2013
E1OADB (Deutsche Boerse AG)YesA Ordinary SharesDEEURNov 2013

Biography

Eros International Plc, together with its subsidiaries, co-produces, acquires, and distributes Indian language films in various formats worldwide. The company distributes its film content through various distribution channels, including theatrical, which includes multiplex chains and stand-alone theaters; television syndication that comprises satellite television broadcasting, cable television, and terrestrial television; and digital and ancillary, such as IPTV, video on demand, music, inflight entertainment, home video, and Internet channels, as well as Eros Now online entertainment service. It also operates as a music publisher for third party owned music rights. In addition, the company offers music content directly, as well as through third party platforms or licensing deals; and through streaming services, such as digital streaming, CDs, and publishing/master rights licensing. It owns or licenses rights to approximately 3,000 films, as well as has digital rights to approximately 12,000 films. The company has a strategic collaboration with Epic Games, Inc. to develop and harness talent in the creative industry across Eros Production. Eros International Plc was founded in 1977 and is based in Secaucus, New Jersey. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/07 23:57
End of Day Share Price2020/07/07 00:00
Earnings2019/12/31
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.