Financials Sun TV Network Limited

Equities

SUNTV

INE424H01027

Broadcasting

Market Closed - NSE India S.E. 07:43:49 2024-04-26 am EDT 5-day change 1st Jan Change
664.4 INR +4.65% Intraday chart for Sun TV Network Limited +11.25% -6.70%

Valuation

Fiscal Period: Maart 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 247,525 112,688 185,338 193,042 163,880 261,850 - -
Enterprise Value (EV) 1 218,960 84,056 147,977 158,508 126,870 199,142 190,320 180,951
P/E ratio 17.3 x 8.13 x 12.2 x 11.8 x 9.6 x 13.4 x 12.7 x 11.9 x
Yield 1.99% 8.74% 1.06% 2.81% 3.61% 3.32% 3.58% 4%
Capitalization / Revenue 6.54 x 3.2 x 5.83 x 5.38 x 4.34 x 6.12 x 5.82 x 5.49 x
EV / Revenue 5.79 x 2.39 x 4.66 x 4.42 x 3.36 x 4.65 x 4.23 x 3.79 x
EV / EBITDA 8.4 x 3.69 x 7.14 x 6.93 x 5.3 x 7.54 x 6.87 x 6.18 x
EV / FCF 12.2 x 8.44 x 12 x 31.5 x 8.32 x 12.9 x 10.9 x 9.91 x
FCF Yield 8.21% 11.9% 8.31% 3.18% 12% 7.76% 9.21% 10.1%
Price to Book 4.48 x 1.97 x 2.63 x 2.37 x 1.77 x 2.5 x 2.24 x 2.02 x
Nbr of stocks (in thousands) 394,085 394,085 394,085 394,085 394,085 394,085 - -
Reference price 2 628.1 286.0 470.3 489.8 415.8 664.4 664.4 664.4
Announcement Date 5/23/19 6/26/20 6/11/21 5/27/22 5/19/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 37,825 35,198 31,769 35,848 37,720 42,812 44,970 47,734
EBITDA 1 26,070 22,759 20,714 22,875 23,930 26,427 27,720 29,288
EBIT 1 19,440 15,757 16,675 19,814 19,105 21,522 22,467 23,724
Operating Margin 51.39% 44.77% 52.49% 55.27% 50.65% 50.27% 49.96% 49.7%
Earnings before Tax (EBT) 1 21,693 18,194 19,410 21,954 22,782 26,242 27,572 29,552
Net income 1 14,333 13,852 15,250 16,418 17,064 19,564 20,626 22,091
Net margin 37.89% 39.35% 48% 45.8% 45.24% 45.7% 45.87% 46.28%
EPS 2 36.38 35.16 38.70 41.66 43.31 49.63 52.36 56.04
Free Cash Flow 1 17,975 9,962 12,302 5,036 15,256 15,447 17,534 18,262
FCF margin 47.52% 28.3% 38.72% 14.05% 40.44% 36.08% 38.99% 38.26%
FCF Conversion (EBITDA) 68.95% 43.77% 59.39% 22.02% 63.75% 58.45% 63.26% 62.35%
FCF Conversion (Net income) 125.41% 71.92% 80.67% 30.68% 89.4% 78.96% 85.01% 82.67%
Dividend per Share 2 12.50 25.00 5.000 13.75 15.00 22.08 23.79 26.58
Announcement Date 5/23/19 6/26/20 6/11/21 5/27/22 5/19/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 9,941 8,026 8,189 8,487 10,604 8,568 12,191 8,256 8,869 8,404 13,492 10,598 9,078 8,883 -
EBITDA 1 6,081 5,509 4,871 5,285 7,349 5,639 7,733 5,375 5,843 4,978 7,974 6,717 5,654 4,904 -
EBIT 1 5,339 4,648 4,491 4,882 5,768 4,943 5,608 4,574 4,707 4,233 7,079 - 4,899 4,558 -
Operating Margin 53.71% 57.92% 54.85% 57.52% 54.39% 57.68% 46% 55.4% 53.07% 50.37% 52.47% - 53.96% 51.31% -
Earnings before Tax (EBT) 1 5,960 5,434 4,923 5,296 6,232 5,504 6,585 5,438 5,667 5,066 8,268 - 5,994 5,723 -
Net income 1 4,455 4,875 3,652 3,955 4,710 4,102 4,939 4,073 4,250 3,802 5,919 4,711 4,489 4,292 -
Net margin 44.82% 60.74% 44.6% 46.6% 44.42% 47.87% 40.51% 49.33% 47.92% 45.25% 43.87% 44.45% 49.45% 48.32% -
EPS 2 11.30 12.38 9.260 10.04 11.96 10.41 12.54 10.33 10.79 9.600 15.02 - 11.40 10.90 -
Dividend per Share 2 5.000 - 3.750 2.500 - 5.000 5.000 - - 10.00 - - - 25.10 -
Announcement Date 2/8/21 6/11/21 8/13/21 11/5/21 2/10/22 5/27/22 8/12/22 11/11/22 2/3/23 5/19/23 8/11/23 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 28,565 28,632 37,361 34,534 37,010 62,707 71,529 80,899
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 17,975 9,962 12,302 5,036 15,256 15,447 17,534 18,262
ROE (net income / shareholders' equity) 28.1% 24.6% 23.9% 21.6% 19.6% 19.7% 18.8% 18.5%
ROA (Net income/ Total Assets) 25% 21.8% 21.1% 19.5% 17.9% 15.3% 14.6% 14.2%
Assets 1 57,358 63,526 72,270 84,223 95,231 127,870 141,272 155,573
Book Value Per Share 2 140.0 145.0 179.0 207.0 235.0 266.0 297.0 329.0
Cash Flow per Share 2 32.20 42.00 37.20 41.50 53.20 51.90 59.90 64.10
Capex 1 266 6,594 2,340 11,300 5,699 6,153 6,475 6,589
Capex / Sales 0.7% 18.73% 7.37% 31.52% 15.11% 14.37% 14.4% 13.8%
Announcement Date 5/23/19 6/26/20 6/11/21 5/27/22 5/19/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
664.4 INR
Average target price
682 INR
Spread / Average Target
+2.64%
Consensus
  1. Stock Market
  2. Equities
  3. SUNTV Stock
  4. Financials Sun TV Network Limited