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Last Updated on: 17 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 533261 | NSE: EROSMEDIA

Eros International Media Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 15, 2024, 3:25 pm

Market Cap 141 Cr.
Current Price 14.7
High / Low29.4/14.7
Stock P/E
Book Value 99.8
Dividend Yield0.00 %
ROCE3.64 %
ROE11.1 %
Face Value 10.0
PEG Ratio0.00

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

View Share Price Target for Eros International Media Ltd

Competitors of Eros International Media Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Hathway Bhawani Cabletel & Datacom Ltd 14.3 Cr. 17.723.7/16.2 1.990.00 %2.26 %2.26 % 10.0
G V Films Ltd 136 Cr. 0.731.20/0.46 0.610.00 %2.27 %2.08 % 1.00
Encash Entertainment Ltd 11.3 Cr. 29.029.0/29.0 21.30.00 %3.81 %3.93 % 10.0
Diksat Transworld Ltd 256 Cr. 146149/126246 14.40.00 %3.36 %4.21 % 10.0
Cyber Media (India) Ltd 42.1 Cr. 26.944.0/17.217.1 0.650.00 %45.5 %% 10.0
Industry Average2,038.72N/A103.89N/AN/A34.998.59N/A

All Competitor Stocks of Eros International Media Ltd

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales60108206422268372231440774332
Expenses802005711219342762716439012419101
Operating Profit-20-93-38-492926-39-48-5017-11824-69
OPM %-33%-86%-192%-77%13%39%-107%-22%-351%4%-1,807%55%-220%
Other Income211120421119302919-3181928
Interest28242461312151519191178
Depreciation3322222222111
Profit before tax-29-109-44-152532-26-36-51-6-11235-50
Tax %-5%11%-2%-14%-7%39%-1%-0%1%1%-0%0%5%
Net Profit-28-120-43-132720-26-36-52-6-11235-53
EPS in Rs-2.87-12.71-4.26-1.353.521.31-2.72-3.60-5.30-0.53-11.553.98-5.47

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales9441,0681,1351,4211,5831,4009601,031814262373681488
Expenses7308398351,0731,2611,059632735913423405800634
Operating Profit214228300349321341328296-99-161-32-120-146
OPM %23%21%26%25%20%24%34%29%-12%-61%-8%-18%-30%
Other Income2641021444550108-1,433104937662
Interest22938403555817771106556944
Depreciation66579101091210776
Profit before tax212217267323321322287318-1,615-173-1-120-134
Tax %30%28%28%24%25%24%20%16%-13%5%697%0%
Net Profit149156193247242243231266-1,401-181-9-120-136
EPS in Rs16.1216.8121.7126.7125.5027.4324.1528.17-146.94-18.80-0.79-12.15-13.57
Dividend Payout %-0%9%-0%-0%-0%-0%-0%-0%-0%-0%-0%-0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)4.70%23.72%27.98%-2.02%0.41%-4.94%15.15%-626.69%87.08%95.03%-1233.33%
Change in YoY Net Profit Growth (%)0.00%19.02%4.26%-30.00%2.44%-5.35%20.09%-641.84%713.77%7.95%-1328.36%

Eros International Media Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:-4%
5 Years:-7%
3 Years:-6%
TTM:43%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-35%
Stock Price CAGR
10 Years:-27%
5 Years:0%
3 Years:-7%
1 Year:-25%
Return on Equity
10 Years:8%
5 Years:2%
3 Years:-9%
Last Year:-11%

Last Updated: Unknown

Balance Sheet

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital92929292949495969696969696
Reserves7438951,1171,3901,6521,9152,1482,4771,151944970932861
Borrowings448403433491364652690592549547480190154
Other Liabilities4094135521,2951,3911,0158541,0427028278611,0411,023
Total Liabilities1,6921,8032,1933,2693,5013,6763,7874,2062,4972,4142,4072,2602,135
Fixed Assets5297921,0411,2142,6092,7012,6332,565920737559356322
CWIP4284395791,0183226719189178172430
Investments52880000000000
Other Assets6835645661,0368599491,0831,5511,4881,4991,6771,8601,812
Total Assets1,6921,8032,1933,2693,5013,6763,7874,2062,4972,4142,4072,2602,135

Reserves and Borrowings Chart

Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity +4066488729331,17023523540251292116179
Cash from Investing Activity +-676-668-787-1,076-985-500-194-234108-167-8261
Cash from Financing Activity +159-64733-187238-33-177-154-110-130-352
Net Cash Flow-111-8492-110-1-278-8515-2288

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-234.00-175.00-133.00-142.00-43.00-311.00-362.00-296.00-648.00-708.00-512.00-310.00

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 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days95736613592136266281248667593348
Inventory Days9
Days Payable927
Cash Conversion Cycle957366135-826136266281248667593348
Working Capital Days1414-43-96-185-442811-58-11675-5
ROCE %20%17%20%20%17%16%13%13%0%-3%3%-4%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters60.90%49.00%48.07%48.07%48.07%48.07%48.05%16.26%16.26%16.26%16.26%16.26%
FIIs7.92%7.91%8.07%8.22%6.58%5.83%2.34%2.39%2.24%2.06%1.57%1.59%
Government0.01%0.01%0.01%0.01%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public31.17%43.08%43.85%43.70%45.34%46.10%49.61%81.34%81.49%81.67%82.17%82.16%
No. of Shareholders59,75268,65768,98862,77664,02361,55561,61659,14560,31961,27064,04365,994

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-12.48-0.96-18.90-147.0628.26
Diluted EPS (Rs.)-12.48-0.96-18.90-147.0628.02
Cash EPS (Rs.)-11.78-0.19-17.79-145.2228.85
Book Value[Excl.RevalReserv]/Share (Rs.)108.09112.45109.91131.80270.38
Book Value[Incl.RevalReserv]/Share (Rs.)108.09112.45109.91131.80270.38
Revenue From Operations / Share (Rs.)70.9738.9227.3385.08107.98
PBDIT / Share (Rs.)-4.576.36-3.532.2142.32
PBIT / Share (Rs.)-5.295.60-4.600.9041.37
PBT / Share (Rs.)-12.48-0.11-18.05-168.9333.26
Net Profit / Share (Rs.)-12.49-0.95-18.87-146.5227.90
NP After MI And SOA / Share (Rs.)-12.15-0.79-18.80-146.9428.17
PBDIT Margin (%)-6.4416.34-12.902.5939.19
PBIT Margin (%)-7.4414.39-16.841.0538.31
PBT Margin (%)-17.58-0.30-66.04-198.5530.79
Net Profit Margin (%)-17.59-2.45-69.03-172.2225.83
NP After MI And SOA Margin (%)-17.12-2.03-68.80-172.7126.09
Return on Networth / Equity (%)-11.34-0.71-17.33-112.7610.46
Return on Capital Employeed (%)-3.823.84-3.440.6513.36
Return On Assets (%)-5.15-0.31-7.46-56.286.39
Long Term Debt / Equity (X)0.000.040.000.000.03
Total Debt / Equity (X)0.180.430.440.370.20
Asset Turnover Ratio (%)0.290.110.120.230.24
Current Ratio (X)0.880.660.500.540.82
Quick Ratio (X)0.870.650.500.540.82
Interest Coverage Ratio (X)-0.631.11-0.310.295.22
Interest Coverage Ratio (Post Tax) (X)-0.730.83-0.493.164.44
Enterprise Value (Cr.)308.83764.53660.10511.511100.81
EV / Net Operating Revenue (X)0.452.052.520.621.07
EV / EBITDA (X)-7.0412.53-19.5224.252.72
MarketCap / Net Operating Revenue (X)0.300.800.910.100.72
Price / BV (X)0.190.280.230.060.29
Price / Net Operating Revenue (X)0.300.800.910.100.72
EarningsYield-0.57-0.02-0.74-17.150.35

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Eros International Media Ltd as of November 17, 2024 is: 169.49

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 November 17, 2024, Eros International Media Ltd is Undervalued by 1,052.99% compared to the current share price 14.70

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Eros International Media Ltd as of November 17, 2024 is: 451.65

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 November 17, 2024, Eros International Media Ltd is Undervalued by 2,972.45% compared to the current share price 14.70

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: 166.48%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -33.75, which is a positive sign.
  2. The company has higher reserves (1,322.69 cr) compared to borrowings (461.00 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (348.31 cr) and profit (141.38 cr) over the years.
  1. The stock has a low average ROCE of 11.00%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 173.50, 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 Eros International Media Ltd:
    1. Net Profit Margin: -17.59%
      • 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: -3.82% (Industry Average ROCE: 34.99%)
      • 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%: -11.34% (Industry Average ROE: 8.59%)
      • 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): -0.73
      • 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: 0.87
      • 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: 0 (Industry average Stock P/E: 103.89)
      • 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: 0.18
      • 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

Eros International Media Ltd. is a Public Limited Listed company incorporated on 19/08/1994 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L99999MH1994PLC080502 and registration number is 080502. Currently Company is involved in the business activities of Motion picture distribution. Company’s Total Operating Revenue is Rs. 218.68 Cr. and Equity Capital is Rs. 95.88 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Entertainment & Media901/902, Supreme Chambers, Off. Veera Desai Road Mumbai Maharashtra 400053compliance.officer@erosintl.com
http://www.erosplc.com
Management
NamePosition Held
Mr. Dhirendra SwarupNon Exe.Chairman&Ind.Director
Mr. Sunil Arjan LullaExec. Vice Chairman & Mang Dir
Mr. Vijay ThakerExec. Director & Co. Secretary
Mr. Pradeep DwivediExecutive Director & CEO
Mr. Manmohan Kumar SardanaInd. Non-Executive Director
Mrs. Urvashi SaxenaInd. Non-Executive Director
Mr. Sagar SadhwaniNon Exe.Non Ind.Director

FAQ

What is the latest intrinsic value of Eros International Media Ltd?

The latest intrinsic value of Eros International Media Ltd as on 17 November 2024 is ₹169.49, which is 1052.99% higher than the current market price of ₹14.70.

What is the Market Cap of Eros International Media Ltd?

The Market Cap of Eros International Media Ltd is 141 Cr..

What is the current Stock Price of Eros International Media Ltd as on 17 November 2024?

The current stock price of Eros International Media Ltd as on 17 November 2024 is ₹14.7.

What is the High / Low of Eros International Media Ltd stocks in FY 2024?

In FY 2024, the High / Low of Eros International Media Ltd stocks is 29.4/14.7.

What is the Stock P/E of Eros International Media Ltd?

The Stock P/E of Eros International Media Ltd is .

What is the Book Value of Eros International Media Ltd?

The Book Value of Eros International Media Ltd is 99.8.

What is the Dividend Yield of Eros International Media Ltd?

The Dividend Yield of Eros International Media Ltd is 0.00 %.

What is the ROCE of Eros International Media Ltd?

The ROCE of Eros International Media Ltd is 3.64 %.

What is the ROE of Eros International Media Ltd?

The ROE of Eros International Media Ltd is 11.1 %.

What is the Face Value of Eros International Media Ltd?

The Face Value of Eros International Media Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

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 Eros International 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