Sun TV Network Ltd - Stock Valuation and Financial Performance

BSE: 532733 | NSE: SUNTV | TV Broadcasting & Software Production | Small Cap

Sun TV Network Share Price

747.05 3.90 0.52%
as on 05-Nov'24 00:00

DeciZen - make an informed investing decision on Sun TV Network

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Sun TV Network stock performance -

mw4me loader
P/E Ratio (SA):
15.99
Market Cap:
29,412.5 Cr.
52-wk low:
567.7
52-wk high:
921.6

Is Sun TV Network Ltd an attractive stock to invest in?

1. Is Sun TV Network Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sun TV Network Ltd is a average quality company.

2. Is Sun TV Network Ltd undervalued or overvalued?

The key valuation ratios of Sun TV Network Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Sun TV Network Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sun TV Network Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Sun TV Network:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Sun TV Network Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 34%38.8%39.6%38.3%42.4%32.6%31.1%29.6%26.1%26.2%-
Value Creation
Index
1.51.92.52.42.81.41.31.20.91.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2,2442,3952,5582,8623,6633,4043,1173,5053,6614,1484,107
Sales YoY Gr.-6.8%6.8%11.9%28%-7.1%-8.5%12.5%4.5%13.3%-
Adj EPS 18.621.524.427.134.231.937.14041.347.446.7
YoY Gr.-15.3%13.5%11.2%26.1%-6.6%16.4%7.8%3.2%14.7%-
BVPS (₹) 85.889.3102.1117.7138.1142.7176.3204.4231.9262.7276.6
Adj Net
Profit
7358479621,0691,3471,2581,4641,5781,6291,8681,839
Cash Flow from Ops. 1,1411,2561,3011,3441,7771,6101,4441,6142,0572,137-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.1%2.5%10%13.3%
Adj EPS 10.9%6.8%8.5%14.7%
BVPS13.3%13.7%14.2%13.3%
Share Price 8.5% 7.5% 7.1% 14.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
22.424.625.524.726.722.723.3211919.217.3
Op. Profit
Mgn %
7270.966.168.569.765.766.565.464.262.361
Net Profit
Mgn %
32.735.437.637.336.837474544.54544.8
Debt to
Equity
0000000000-
Working Cap
Days
173186169156149184217193184165297
Cash Conv.
Cycle
90958894747476789066262

Recent Performance Summary

Sales growth is good in last 4 quarters at 10.47%

Return on Equity has declined versus last 3 years average to 17.30%

Sales growth has been subdued in last 3 years 10.00%

Net Profit has been subdued in last 3 years 8.46%

Latest Financials - Sun TV Network Ltd.

Standalone Consolidated
TTM EPS (₹) 46.7 48
TTM Sales (₹ Cr.) 4,107 4,245
BVPS (₹.) 276.6 281.5
Reserves (₹ Cr.) 10,703 10,896
P/BV 2.70 2.65
PE 15.99 15.54
From the Market
52 Week Low / High (₹) 567.65 / 921.60
All Time Low / High (₹) 125.10 / 1097.05
Market Cap (₹ Cr.) 29,413
Equity (₹ Cr.) 197
Face Value (₹) 5
Industry PE 19.7

Management X-Ray of Sun TV Network:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Sun TV Network

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales2,2442,3952,5582,8623,6633,4043,1173,5053,6614,148
Operating Expenses 6296998729031,1121,1681,0491,2411,3121,563
Manufacturing Costs291304340411548588506635727900
Material Costs0000000000
Employee Cost 8092991181241131018995105
Other Costs 258303433374440467442518490558
Operating Profit 1,6141,6961,6861,9592,5512,2362,0672,2642,3492,585
Operating Profit Margin (%) 71.9%70.8%65.9%68.5%69.6%65.7%66.3%64.6%64.2%62.3%
Other Income 88108197140233249271245362482
Interest 221128222955
Depreciation 588485391440647679382287468514
Exceptional Items 01800000000
Profit Before Tax 1,1121,3341,4901,6582,1361,7981,9352,1932,2382,549
Tax 375465511565741426414548564673
Profit After Tax 7378709791,0931,3951,3721,5201,6451,6751,875
PAT Margin (%) 32.9%36.3%38.3%38.2%38.1%40.3%48.8%46.9%45.7%45.2%
Adjusted EPS (₹)18.722.124.927.735.434.838.641.742.547.6
Dividend Payout Ratio (%)60%70%40%36%35%72%13%33%35%35%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 3,3803,5184,0224,6405,4415,6246,9498,0539,13810,353
Share Capital 197197197197197197197197197197
Reserves 3,1833,3213,8254,4435,2435,4276,7527,8568,94110,156
Minority Interest0000000000
Debt0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Trade Payables37385056199277259204233256
Others Liabilities 174226278495430415232205362405
Total Liabilities 3,5913,7824,3505,1906,0696,3177,4418,4619,73411,014

Fixed Assets

Gross Block4,1101,5291,9162,2742,8043,4803,6774,7965,0615,568
Accumulated Depreciation3,0324678271,2471,8802,5422,9173,1963,5004,011
Net Fixed Assets1,0791,0621,0891,0279249387601,5991,5611,558
CWIP 011461366146244131145
Investments 6948511,4542,4123,0502,9493,7643,8575,6317,075
Inventories0110000000
Trade Receivables6847337241,0091,0791,3101,3941,4261,4361,211
Cash Equivalents 691788738307471529875918492360
Others Assets444347342389531525501418483667
Total Assets 3,5913,7824,3505,1906,0696,3177,4418,4619,73411,014

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 1,1411,2561,3011,3441,7771,6101,4441,6142,0572,137
PBT 1,1121,3161,4901,6582,1361,7981,9352,1932,2382,549
Adjustment 52242130033544950020216613848
Changes in Working Capital -117-26-1-109-85-262-155-54252145
Tax Paid -376-455-488-541-723-425-538-691-571-604
Cash Flow From Investing Activity -498-359-724-1,266-1,065-367-1,142-1,010-1,526-1,288
Capex -437-371-366-498-548-658-229-1,129-322-509
Net Investments -13886-357-840-61379-1,055-96-1,380-967
Others 77-74-17296211142215176189
Cash Flow From Financing Activity -635-737-475-475-596-1,217-243-596-621-692
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -2-2-1-1-2-1-16-24-1-2
Dividend Paid -532-611-394-394-493-985-197-542-591-660
Others -101-124-80-80-101-231-30-30-29-30
Net Cash Flow 8160102-39711726598-90158
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)22.5125.2225.9825.2427.6724.824.1921.9319.4819.24
ROCE (%)34.0138.7539.5638.3242.4132.6431.1329.6226.126.2
Asset Turnover Ratio0.630.650.630.60.650.550.450.440.40.4
PAT to CFO Conversion(x)1.551.441.331.231.271.170.950.981.231.14
Working Capital Days
Receivable Days102108104110104128158147143116
Inventory Days0000000000
Payable Days0000000000

Sun TV Network Ltd Stock News

Sun TV Network Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Sun TV Network on 05-Nov-2024 00:00 is ₹747.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 05-Nov-2024 00:00 the market cap of Sun TV Network stood at ₹29,412.5.
The latest P/E ratio of Sun TV Network as of 05-Nov-2024 00:00 is 15.99.
The latest P/B ratio of Sun TV Network as of 05-Nov-2024 00:00 is 2.70.
The 52-week high of Sun TV Network is ₹921.6 and the 52-week low is ₹567.6.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sun TV Network is ₹4,107 ( Cr.) .

About Sun TV Network Ltd

Sun TV Network is one of India's largest media Conglomerates has power packed with many TV Channels and the reach of several households in India. Sun TV Network's channels can be viewed throughout the World including U.S.A, Canada, Europe, Singapore, Malaysia, Sri Lanka, South Africa, Australia and New Zealand. Holding a bouquet of top-rated channels in its clutch, Sun TV Network has got a reach, frequency and patronage that other groups covet but can't compete with Sun TV Network believes in giving you wholesome fare. With its channels in four Indian languages and FM Radio Stations, the company able to connect to the Southern Diaspora erasing geographical distances. With every programme a sell-out, every single transmission digitized, every serial a hit, for millions of viewers all over the world every day is indeed a Sunday. Sun TV Network believes in giving you wholesome fare.  The company has various categories including Serials, Music Based, News, Comedy, Movies, Kids, Film Based, Lifestyle, and Spiritual.

Business area of the company

The Company is mainly engaged in the business of Broadcasting of General Entertainment, News Television Channels and FM Radio Channels.

Products/Services

The company’s products or services Serials, Music Based, News, Comedy, Movies, Kids, Film Based, Lifestyle, Spiritual. It has various Channels with different languages. For Tamil - Sun TV, KTV, Sun Music, Sun News, Adithya TV, Chutti TV. For Telugu - Gemini TV, Gemini Movies, Gemini Music, Gemini Comedy, Kushi TV, Gemini Life. For Malayalam - Surya TV, Kochu TV, Surya Movies, Surya Music, Surya Comedy. For Kannada - Udaya TV, Udaya Movies, Udaya Music, Udaya Comedy and Chintu TV.

Awards

  • 1999: India’s Best Entrepreneur Award In 1999 - Kalanithi Maran, CMD, SunTV Network.
  • 1999: World's Young Achiever For Creativity in 1999 - Kalanithi Maran, CMD, SunTV Network.
  • 2001: Indian Televison Academy award for the best Telugu TV Channel for the year 2001- Gemini TV.
  • 2001: Indian Televison Academy award for the best Kannada TV Channel for the year 2001- Udaya TV.
  • 2001: Indian Televison Academy award for the best Malayalam TV Channel for the year 2001- Surya TV.
  • 2001: Indian Televison Academy award for the best Tamil TV Channel for the year 2001- Sun TV.
  • 2004: Outstanding Businessman Award in the Entertainment and Information Sector in 2004 - Kalanithi Maran, CMD, SunTV Network.
  • 2005: CNBC 'Business Excellence Award' in 2005 - Kalanithi Maran, CMD, SunTV Network.
  • 2009-TiECon 'Entrepreneur of the Year ' in 2009.
  • 2010-EINBA News Television Entrepreneur of the Year 2010.
  • 2011-Sun TV launches Kids Channel 'Kochu TV'.
  • 2012 - Sun TV launches four Ad free action movie channelsSun TV launches Three more pay channels Sun TV Network launches four more channels on DISH Platform, USASun TV Network Inks Agreement with Tamil Nadu Arasu Cable TVSun TV Network emerges as winner of Hyderabad franchise of IPL.
  • 2014- Sun TV creates Guinness World Record.
  • 2014- Sun TV Network Limited signs up with iTunes & YouTube.
  • 2015 - Sun TV Network Ltd. - SUN TV Network partners with HOOQ platform for delivery of Movies of their premium VOD Service.
  • 2016 - YuppTV partners Sun Network to launch channels in Middle East.
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