TheScreener - Sun TV Network (SUNTV) SUN TV NETWORK sees an upgrade to Slightly Positive due to a better fundamental star rating

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TheScreener

EUR 14.32 For Business Accounts Only

SUN TV NETWORK sees an upgrade to Slightly Positive due to a better fundamental star rating

The general evaluation of SUN TV NETWORK (IN), a company active in the Broadcasting & Entertainment industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date April 1, 2022, the closing price was INR 498.40 and its potential was estimated at INR 550.44.

02/04/2022 1 EN

Underlying

Sun TV Network

Sun TV Network Limited. Sun TV Network Limited is engaged in providing broadcasting services. The Company operates through Media and Entertainment segment. Its geographical segments include India and Others. It is engaged in producing and broadcasting satellite television and radio software programming in the regional languages of South India. It operates television channels in approximately four South Indian languages to viewers in India, and also to viewers in Sri Lanka, Singapore, Malaysia, the United Kingdom, Europe, the Middle East, the United States, Australia, South Africa and Canada. It operates Sun TV channel. Its other satellite channels are Surya TV, Gemini TV and Udaya TV. It is also into the business of frequency modulation (FM) radio broadcasting at Chennai, Coimbatore and Tirunelveli. It also has the license to operate an Indian Premier League franchise Sun Risers Hyderabad. It has presence across various genres, such as general entertainment, movies, music, news, kids, action and life.

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INE424H01027 National Stock Exchange of India India

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TheScreener

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MOSL: SUN TV NETWORK (Buy)-Healthy recovery in place; investments in OTT hold key

SUN TV NETWORK: Healthy recovery in place; investments in OTT hold key (SUNTV IN, Mkt Cap USD3.1b, CMP INR577, TP INR670, 16% Upside, Buy) Sun TV (SUNTV) reported in-line nos - revenue/PAT was up 10%/14% YoY, with ad revenues reaching pre-pandemic (2QFY20) levels and delayed benefit from the IPL offering spillover. This was offset by a sluggish subscription revenue run-rate. Our FY23E/FY24E estimates are largely maintained; we build in a 6% CAGR over FY20-23E. The recent upbeat valuation for the new IPL team auction makes the stock valuation compelling at below 10x on Sept'23E. Along w...

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MOSL: SUN TV NETWORK (Buy)- A gradual recovery in progress; intensifies content investment

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AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

AC ENERGY CORP (PH), a company active in the Alternative Electricity industry, now shows a lower overall rating. The independent financial analyst theScreener confirms the fundamental rating of 4 out of 4 stars. However, the market behaviour deterioration triggered a risk requalification, which can be thus described as moderately risky. theScreener believes that increased risk justifies the general evaluation downgrade to Neutral. As of the analysis date April 8, 2022, the closing price was PHP 8.54 and its expected value was estimated at PHP 8.53.

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With a more favourable environment, VUKILE PROPERTY improves to Positive

VUKILE PROPERTY (ZA), a company active in the Real Estate Holding & Development industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 4 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date April 5, 2022, the closing price was ZAR 13.72 and its potential was estimated at ZAR 15.16.

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An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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SUN TV NETWORK sees an upgrade to Slightly Positive due to a better fundamental star rating

Empowering Investors

MOSL: SUN TV NETWORK (Buy)-Healthy recovery in place; investments in OTT hold key

MOSL: SUN TV NETWORK (Buy)- A gradual recovery in progress; intensifies content investment

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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