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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

Siti Networks Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 15, 2024, 1:52 am

Market Cap 76.7 Cr.
Current Price 0.88
High / Low1.15/0.50
Stock P/E
Book Value 11.0
Dividend Yield0.00 %
ROCE1,304 %
ROE%
Face Value 1.00
PEG Ratio0.00

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

View Share Price Target for Siti Networks Ltd

Competitors of Siti Networks 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 Average3,444.60 Cr151.65203.7852.890.16%37.18%10.95%5.86

All Competitor Stocks of Siti Networks Ltd

Quarterly Result

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales389381358363365360331342335338322312323
Expenses327347308316318317302310310304321306310
Operating Profit623351464742293225331612
OPM %16%9%14%13%13%12%9%9%8%10%0%2%4%
Other Income-6-14441-339105234
Interest30313031302930292828272524
Depreciation869379807993797875112747063
Profit before tax-60-105-55-62-60-82-78-66-68-102-99-85-71
Tax %4%1%-3%-3%-2%3%0%-3%-1%1%1%1%-2%
Net Profit-58-104-57-63-62-79-77-68-69-101-97-84-73
EPS in Rs-0.66-1.10-0.66-0.69-0.69-0.86-0.84-0.76-0.74-0.88-1.00-0.91-0.63

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
Sales3364646979061,1461,1951,4101,4421,6081,5371,4461,3451,294
Expenses3383915837689009921,1001,1191,2941,2941,2541,2251,242
Operating Profit-27311413824620331132331424319212052
OPM %-1%16%16%15%21%17%22%22%20%16%13%9%4%
Other Income-3131230236-3-42-35-1102514
Interest5786119121140127140171158126120115105
Depreciation305684133165241326365346349331344319
Profit before tax-92-56-77-85-36-160-158-254-224-243-259-314-357
Tax %3%8%8%20%14%12%7%4%-4%-1%1%0%
Net Profit-95-61-83-102-41-179-170-264-214-241-261-315-355
EPS in Rs-2.02-1.42-1.81-1.61-0.60-2.16-2.22-3.05-2.32-2.75-2.89-3.21-3.42
Dividend Payout %0%0%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 (%)35.79%-36.07%-22.89%59.80%-336.59%5.03%-55.29%18.94%-12.62%-8.30%-20.69%
Change in YoY Net Profit Growth (%)0.00%-71.86%13.17%82.70%-396.39%341.61%-60.32%74.23%-31.56%4.32%-12.39%

Siti Networks 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:6%
5 Years:-2%
3 Years:-6%
TTM:-4%
Compounded Profit Growth
10 Years:%
5 Years:-5%
3 Years:-6%
TTM:10%
Stock Price CAGR
10 Years:-29%
5 Years:-14%
3 Years:-28%
1 Year:4%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: Unknown

Balance Sheet

Last Updated: October 15, 2024, 2:52 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital455268798787878787878787
Reserves-192-126115442450256111-92-332-584-863-1,047
Borrowings9091,2621,3951,1351,3711,4481,4541,1791,018983919773
Other Liabilities4336346581,2751,2311,2981,1611,2011,0851,1681,2671,512
Total Liabilities1,1961,8232,2362,9313,1393,0892,8132,3751,8581,6541,4101,326
Fixed Assets4517688951,3891,7112,0311,7621,5081,2361,007732513
CWIP69170199538429153995955866169
Investments22225515201114280
Other Assets6748831,1411,001993901937788555547615663
Total Assets1,1961,8232,2362,9313,1393,0892,8132,3751,8581,6541,4101,326

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-83164122390137341437504299184181410
Cash from Investing Activity +-408-461-293-636-624-387-185-42-139-182-64-214
Cash from Financing Activity +470523249184290-32-274-358-225-51-76-227
Net Cash Flow-2122578-62-197-77-22104-64-5041-31

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow-2.00-836.00113.00137.00245.00202.00310.00322.00313.00242.00-791.00-799.00

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 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days7610213283111951006855646875
Inventory Days
Days Payable
Cash Conversion Cycle7610213283111951006855646875
Working Capital Days-51-66-123-205-131-222-170-242-128-156-211-267
ROCE %5%4%3%6%-1%0%-1%-1%-8%-17%-50%-1,304%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters6.10%6.10%6.10%6.10%6.10%6.10%6.10%6.10%6.10%6.10%6.10%6.10%
FIIs12.15%9.56%7.89%7.31%7.31%5.49%3.99%3.99%3.96%2.05%2.05%2.05%
DIIs0.00%0.01%0.01%0.00%0.00%0.00%0.00%0.00%2.43%2.43%2.43%2.43%
Public81.75%84.33%86.00%86.59%86.58%88.41%89.90%89.89%87.51%89.42%89.42%89.41%
No. of Shareholders1,24,7671,54,8651,88,7811,90,4681,88,7531,91,4251,88,7171,87,4641,85,4681,85,0091,92,8552,16,870

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
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)-3.62-2.89-2.75-2.17-3.05
Diluted EPS (Rs.)-3.62-2.89-2.75-2.17-3.05
Cash EPS (Rs.)0.330.801.211.791.16
Book Value[Excl.RevalReserv]/Share (Rs.)-8.35-4.74-1.761.313.47
Book Value[Incl.RevalReserv]/Share (Rs.)-8.35-4.74-1.761.313.47
Revenue From Operations / Share (Rs.)15.4216.5717.6118.5516.53
PBDIT / Share (Rs.)1.762.302.974.104.08
PBIT / Share (Rs.)-2.18-1.49-1.030.13-0.10
PBT / Share (Rs.)-3.60-2.96-2.81-2.24-2.91
Net Profit / Share (Rs.)-3.61-2.99-2.79-2.17-3.03
NP After MI And SOA / Share (Rs.)-3.21-2.89-2.75-2.17-3.05
PBDIT Margin (%)11.4413.9016.8822.1024.67
PBIT Margin (%)-14.15-8.96-5.820.74-0.63
PBT Margin (%)-23.33-17.88-15.96-12.09-17.61
Net Profit Margin (%)-23.41-18.02-15.84-11.68-18.31
NP After MI And SOA Margin (%)-20.81-17.45-15.59-11.67-18.45
Return on Networth / Equity (%)0.000.000.00-2220.30-134.42
Return on Capital Employeed (%)29.9055.64-68.781.83-0.77
Return On Assets (%)-19.84-15.29-12.86-7.80-9.45
Long Term Debt / Equity (X)-0.01-0.21-0.8749.733.75
Total Debt / Equity (X)-1.18-1.98-1.4666.044.57
Asset Turnover Ratio (%)0.870.410.400.370.32
Current Ratio (X)0.260.260.290.440.54
Quick Ratio (X)0.260.260.280.440.54
Inventory Turnover Ratio (X)0.000.891.420.340.03
Interest Coverage Ratio (X)1.331.672.062.272.08
Interest Coverage Ratio (Post Tax) (X)-1.66-1.09-0.690.11-0.11
Enterprise Value (Cr.)882.151225.43409.52537.971368.50
EV / Net Operating Revenue (X)0.650.840.260.330.94
EV / EBITDA (X)5.736.091.581.503.85
MarketCap / Net Operating Revenue (X)0.070.170.040.020.30
Price / BV (X)-0.13-0.50-0.315.642.21
Price / Net Operating Revenue (X)0.070.170.040.020.30
EarningsYield-2.77-1.01-3.16-3.94-0.60

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Siti Networks Ltd as of November 17, 2024 is: 25.25

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, Siti Networks Ltd is Undervalued by 2,769.32% compared to the current share price 0.88

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

Intrinsic Value of Siti Networks Ltd as of November 17, 2024 is: 21.77

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, Siti Networks Ltd is Undervalued by 2,373.86% compared to the current share price 0.88

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

Last 5 Year EPS CAGR: -13.79%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -164.33, which is a positive sign.
  1. The stock has a low average ROCE of -5.08%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 85.75, which may not be favorable.
  3. The company has higher borrowings (1,153.83) compared to reserves (-155.17), which may suggest financial risk.
  4. The company has not shown consistent growth in sales (185.54) and profit (-178.08).

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 Siti Networks Ltd:
    1. Net Profit Margin: -23.41%
      • 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: 29.9% (Industry Average ROCE: 37.18%)
      • 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%: 0% (Industry Average ROE: 10.95%)
      • 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): -1.66
      • 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: 0.26
      • 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: 203.78)
      • 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: -1.18
      • 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

SITI Networks Ltd. is a Public Limited Listed company incorporated on 24/03/2006 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L64200MH2006PLC160733 and registration number is 160733. Currently Company is involved in the business activities of Activities of the cable operators. Company’s Total Operating Revenue is Rs. 614.43 Cr. and Equity Capital is Rs. 87.27 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Entertainment & MediaUnit No. 38, 1st Floor, A Wing, Madhu Industrial Estate, Mumbai Maharashtra 400013csandlegal@siti.esselgroup.com
http://www.sitinetworks.com
Management
NamePosition Held
Mr. Suresh Kumar AroraExecutive Director
Mr. Amitabh KumarNon Exe.Non Ind.Director
Mr. Bhanu Pratap SinghIndependent Director
Ms. Kavita KapahiNon Exe.Non Ind.Director
Mr. Sunil Kumar MaheshwariIndependent Director
Ms. Shilpi AsthanaIndependent Director

FAQ

What is the latest intrinsic value of Siti Networks Ltd?

The latest intrinsic value of Siti Networks Ltd as on 16 November 2024 is ₹25.25, which is 2769.32% higher than the current market price of ₹0.88.

What is the Market Cap of Siti Networks Ltd?

The Market Cap of Siti Networks Ltd is 76.7 Cr..

What is the current Stock Price of Siti Networks Ltd as on 16 November 2024?

The current stock price of Siti Networks Ltd as on 16 November 2024 is ₹0.88.

What is the High / Low of Siti Networks Ltd stocks in FY 2024?

In FY 2024, the High / Low of Siti Networks Ltd stocks is 1.15/0.50.

What is the Stock P/E of Siti Networks Ltd?

The Stock P/E of Siti Networks Ltd is .

What is the Book Value of Siti Networks Ltd?

The Book Value of Siti Networks Ltd is 11.0.

What is the Dividend Yield of Siti Networks Ltd?

The Dividend Yield of Siti Networks Ltd is 0.00 %.

What is the ROCE of Siti Networks Ltd?

The ROCE of Siti Networks Ltd is 1,304 %.

What is the ROE of Siti Networks Ltd?

The ROE of Siti Networks Ltd is %.

What is the Face Value of Siti Networks Ltd?

The Face Value of Siti Networks Ltd is 1.00.

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 Siti Networks 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