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Last Updated on: 18 February, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 543831 | NSE: BRIGHT

Bright Outdoor Media Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: February 17, 2025, 9:46 pm

Market Cap 637 Cr.
Current Price 438
High / Low 550/381
Stock P/E30.4
Book Value 106
Dividend Yield0.11 %
ROCE15.1 %
ROE13.1 %
Face Value 10.0
PEG Ratio1.14

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Bright Outdoor Media Ltd

Competitors of Bright Outdoor Media Ltd

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Bright Outdoor Media Ltd 637 Cr. 438 550/38130.4 1060.11 %15.1 %13.1 % 10.0
Industry Average637.00 Cr438.0030.40106.000.11%15.10%13.10%10.00

All Competitor Stocks of Bright Outdoor Media Ltd

Quarterly Result

MetricMar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024
Sales 364547416557
Expenses 313841364844
Operating Profit 47551713
OPM % 13%15%11%13%26%22%
Other Income 000000
Interest 211000
Depreciation 000011
Profit before tax 36461612
Tax % 27%25%27%25%26%25%
Net Profit 2434129
EPS in Rs 2.274.112.123.028.146.28

Last Updated: January 5, 2025, 8:30 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MetricMar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales 71245092107
Expenses 6419447984
Operating Profit 6571223
OPM % 9%20%13%13%21%
Other Income 11001
Interest 54331
Depreciation 00001
Profit before tax 2141022
Tax % 24%27%27%26%26%
Net Profit 213716
EPS in Rs 3.382.092.565.1011.02
Dividend Payout % 0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-50.00%200.00%133.33%128.57%
Change in YoY Net Profit Growth (%)0.00%250.00%-66.67%-4.76%

Bright Outdoor Media Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 4 years from 2020-2021 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:64%
TTM:40%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:147%
TTM:193%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:%
1 Year:-13%
Return on Equity
10 Years:%
5 Years:%
3 Years:11%
Last Year:13%

Last Updated: Unknown

Balance Sheet

Last Updated: January 13, 2025, 2:05 pm

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 5510141515
Reserves 28292785132140
Borrowings 52484134134
Other Liabilities 161517222727
Total Liabilities 1019794155187186
Fixed Assets 44441519
CWIP 000000
Investments 000000
Other Assets 979290151171166
Total Assets 1019794155187186

Reserves and Borrowings Chart

Cash Flow

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +167-12-18
Cash from Investing Activity +110-198
Cash from Financing Activity +-3-7-76211
Net Cash Flow-10-0311

Free Cash Flow

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-46.00-43.00-34.00-22.0010.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days238633264183214
Inventory Days
Days Payable
Cash Conversion Cycle238633264183214
Working Capital Days3991,132499298341
ROCE %6%9%12%15%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Sep 2023Mar 2024Sep 2024
Promoters72.72%72.72%72.72%69.76%
FIIs0.00%7.04%7.18%7.86%
Public27.29%20.24%20.10%22.38%
No. of Shareholders423384814715

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 20
FaceValue 10.00
Basic EPS (Rs.) 1.93
Diluted EPS (Rs.) 1.93
Cash EPS (Rs.) 4.94
Book Value[Excl.RevalReserv]/Share (Rs.) 62.26
Book Value[Incl.RevalReserv]/Share (Rs.) 68.36
Revenue From Operations / Share (Rs.) 160.45
PBDIT / Share (Rs.) 15.76
PBIT / Share (Rs.) 15.18
PBT / Share (Rs.) 5.85
Net Profit / Share (Rs.) 4.36
NP After MI And SOA / Share (Rs.)3.86
PBDIT Margin (%) 9.82
PBIT Margin (%) 9.46
PBT Margin (%) 3.64
Net Profit Margin (%) 2.71
NP After MI And SOA Margin (%)2.40
Return on Networth / Equity (%) 6.31
Return on Capital Employeed (%) 12.52
Return On Assets (%) 1.84
Long Term Debt / Equity (X) 0.86
Total Debt / Equity (X) 1.68
Current Ratio (X) 2.24
Quick Ratio (X) 1.68
Interest Coverage Ratio (X) 1.69
Interest Coverage Ratio (Post Tax) (X) 1.47

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Bright Outdoor Media Ltd as of February 18, 2025 is: ₹338.08

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of February 18, 2025, Bright Outdoor Media Ltd is Overvalued by 22.81% compared to the current share price ₹438.00

Intrinsic Value of Bright Outdoor Media Ltd as of February 18, 2025 is: 428.23

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of February 18, 2025, Bright Outdoor Media Ltd is Overvalued by 2.23% compared to the current share price ₹438.00

Last 5 Year EPS CAGR: 26.66%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (73.50 cr) compared to borrowings (32.00 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (68.80 cr) and profit (7.80 cr) over the years.
  1. The stock has a low average ROCE of 8.40%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 307.60, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 306.40, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Bright Outdoor Media Ltd:
    1. Net Profit Margin: 2.71%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 12.52% (Industry Average ROCE: 15.1%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 6.31% (Industry Average ROE: 13.1%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 1.47
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.68
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 30.4 (Industry average Stock P/E: 30.4)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 1.68
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Bright Outdoor Media Ltd. is a Public Limited Listed company incorporated on 29/09/2005 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L74300MH2005PLC156444 and registration number is 156444. Currently Company is involved in the business activities of Advertising and market research. Company's Total Operating Revenue is Rs. 106.68 Cr. and Equity Capital is Rs. 14.55 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Advertising & Media Agency801, 8th Floor, Crescent Tower, Mumbai Maharashtra 400053investor@brightoutdoor.com
http://www.brightoutdoor.com
Management
NamePosition Held
Mr. Yogesh Jiwanlal LakhaniChairman & Managing Director
Mr. Jagruti Yogesh LakhaniWhole Time Director
Mr. Ameet Kumar Vilaschandra MehtaInd. Non-Executive Director
Mr. Bhavesh Kirti MathuriaInd. Non-Executive Director
Mr. Roshan Suresh OswalInd. Non-Executive Director

FAQ

What is Bright Outdoor Media Ltd's true worth and is it a good investment?

Let's break down Bright Outdoor Media Ltd's valuation simply:

We calculate intrinsic value using the PE Ratio Method - comparing the company's current price-to-earnings ratio with its historical average and industry peers. Think of it like checking if a stock is "on sale" compared to its typical pricing.

As of 17 February 2025:

  • Calculated Fair Value: ₹338.08
  • Current Market Price: ₹438.00
  • Variance: 22.81% lower

This suggests Bright Outdoor Media Ltd is currently overvalued by 22.81%. For context:

  • Market Cap: 637 Cr.
  • 52-Week Range: 550/381
  • Reserves (Sep 2024): ₹140 Cr
  • Liabilities: 186 Cr

Remember: The PE method gives a snapshot based on earnings multiples. While useful for quick comparisons, investors should also consider growth prospects, industry trends, and economic conditions. This calculation assumes historical PE ratios remain relevant - always verify with current market dynamics.

What is the Market Cap of Bright Outdoor Media Ltd?

The Market Cap of Bright Outdoor Media Ltd is 637 Cr..

What is the current Stock Price of Bright Outdoor Media Ltd as on 17 February 2025?

The current stock price of Bright Outdoor Media Ltd as on 17 February 2025 is ₹438.

What is the High / Low of Bright Outdoor Media Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Bright Outdoor Media Ltd stocks is 550/381.

What is the Stock P/E of Bright Outdoor Media Ltd?

The Stock P/E of Bright Outdoor Media Ltd is 30.4.

What is the Book Value of Bright Outdoor Media Ltd?

The Book Value of Bright Outdoor Media Ltd is 106.

What is the Dividend Yield of Bright Outdoor Media Ltd?

The Dividend Yield of Bright Outdoor Media Ltd is 0.11 %.

What is the ROCE of Bright Outdoor Media Ltd?

The ROCE of Bright Outdoor Media Ltd is 15.1 %.

What is the ROE of Bright Outdoor Media Ltd?

The ROE of Bright Outdoor Media Ltd is 13.1 %.

What is the Face Value of Bright Outdoor Media Ltd?

The Face Value of Bright Outdoor Media Ltd is 10.0.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Bright Outdoor Media Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE