Here's What's Concerning About Hathway Cable and Datacom's (NSE:HATHWAY) Returns On Capital
Oct 24
Indian (NIFTY) Cable and Satellite Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies6
- 7D-6.4%
- 3M13.8%
- 1Y5.7%
- YTD13.4%
Over the last 7 days, the Cable and Satellite industry has dropped 6.4%, driven by GTPL Hathway declining 2.5%. Over the past 12 months, the industry was up 5.7%.
Industry Valuation and Performance
Has the Indian Cable and Satellite Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | ₹76.9b | ₹59.9b | ₹4.2b | 57.6x | 18.1x | 1.3x |
| Wed, 27 Sep 2023 | ₹85.1b | ₹58.8b | ₹4.5b | 53.5x | 19x | 1.4x |
| Fri, 25 Aug 2023 | ₹71.8b | ₹58.8b | ₹4.5b | 44.3x | 16.1x | 1.2x |
| Sun, 23 Jul 2023 | ₹64.0b | ₹62.0b | ₹5.3b | 14.3x | 12.2x | 1x |
| Tue, 20 Jun 2023 | ₹60.6b | ₹60.2b | ₹5.0b | 11.3x | 12.1x | 1x |
| Thu, 18 May 2023 | ₹54.6b | ₹60.2b | ₹5.0b | 10.4x | 10.9x | 0.9x |
| Sat, 15 Apr 2023 | ₹79.0b | ₹83.4b | -₹14,335,585,000.00 | 8.7x | -5.5x | 0.9x |
| Mon, 13 Mar 2023 | ₹87.5b | ₹83.4b | -₹14,335,585,000.00 | 9x | -6.1x | 1x |
| Wed, 08 Feb 2023 | ₹88.3b | ₹92.7b | -₹14,411,022,000.00 | 17.4x | -6.1x | 1x |
| Fri, 06 Jan 2023 | ₹102.6b | ₹91.3b | -₹14,480,473,000.00 | 18.8x | -7.1x | 1.1x |
| Sun, 04 Dec 2022 | ₹108.5b | ₹91.3b | -₹14,480,473,000.00 | 19.2x | -7.5x | 1.2x |
| Tue, 01 Nov 2022 | ₹102.0b | ₹92.5b | -₹14,347,573,000.00 | 17.4x | -7.1x | 1.1x |
| Thu, 29 Sep 2022 | ₹104.6b | ₹92.4b | -₹14,369,965,000.00 | 18.7x | -7.3x | 1.1x |
| Sat, 27 Aug 2022 | ₹105.0b | ₹92.4b | -₹14,369,965,000.00 | 19.7x | -7.3x | 1.1x |
| Mon, 25 Jul 2022 | ₹98.8b | ₹93.7b | -₹13,981,494,000.00 | 19.6x | -7.1x | 1.1x |
| Wed, 22 Jun 2022 | ₹93.5b | ₹93.5b | -₹13,375,921,000.00 | 15.3x | -7x | 1x |
| Fri, 20 May 2022 | ₹105.3b | ₹96.2b | -₹7,486,645,000.00 | 16.1x | -14.1x | 1.1x |
| Sun, 17 Apr 2022 | ₹123.9b | ₹95.0b | -₹8,171,926,000.00 | 19x | -15.2x | 1.3x |
| Tue, 15 Mar 2022 | ₹113.0b | ₹95.7b | -₹7,840,656,000.00 | 15x | -14.4x | 1.2x |
| Thu, 10 Feb 2022 | ₹127.6b | ₹96.7b | -₹7,535,359,000.00 | 17.3x | -16.9x | 1.3x |
| Sat, 08 Jan 2022 | ₹135.9b | ₹97.5b | -₹7,141,463,000.00 | 17.4x | -19x | 1.4x |
| Mon, 06 Dec 2021 | ₹134.7b | ₹97.5b | -₹7,141,463,000.00 | 17.1x | -18.9x | 1.4x |
| Wed, 03 Nov 2021 | ₹130.7b | ₹98.4b | -₹6,645,428,000.00 | n/a | -19.7x | 1.3x |
| Fri, 01 Oct 2021 | ₹142.1b | ₹98.4b | -₹6,317,950,000.00 | 15.5x | -22.5x | 1.4x |
| Sun, 29 Aug 2021 | ₹122.2b | ₹98.4b | -₹6,317,950,000.00 | 14.1x | -19.3x | 1.2x |
| Mon, 05 Jul 2021 | ₹130.2b | ₹98.4b | -₹6,317,950,000.00 | 16.3x | -20.6x | 1.3x |
| Thu, 08 Apr 2021 | ₹110.5b | ₹97.7b | -₹5,693,452,000.00 | 12.1x | -19.4x | 1.1x |
| Sun, 10 Jan 2021 | ₹141.0b | ₹97.4b | -₹7,576,972,000.00 | 14.4x | -18.6x | 1.4x |
Price to Earnings Ratio
-13.8x
Current Industry PE
- Investors are pessimistic on the Indian Cable and Satellite industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 18.1x which is higher than its 3-year average PE of -9.4x.
- The industry is trading close to its 3-year average PS ratio of 1.2x.
Past Earnings Growth
- Total earnings for the Cable and Satellite industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 15% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Comparison
How does Indian Cable and Satellite compare with similar industries?
| IN Market | -2.60% | |
| Telecom | -3.93% | |
| Media | -4.95% | |
| Cable and Satellite | -6.45% | |
| Advertising | -2.71% | |
| Broadcasting | -5.13% | |
| Publishing | -5.86% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DISHTV Dish TV India | ₹17.05 | 2.7% +₹828.6m | 7.2% | PS1.5x | |
| HATHWAY Hathway Cable and Datacom | ₹18.15 | 1.7% +₹531.0m | 13.8% | PE56.8x | |
| DEN DEN Networks | ₹46.35 | 2.3% +₹500.6m | 40.9% | PE8.2x |