Zee Media Corporation Analysis

dividend

Pros

Cons

• Unable to calculate sustainability of dividends as Zee Media has not reported any payouts.
• Unable to evaluate Zee Media's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
• Unable to evaluate Zee Media's dividend against the top 25% market benchmark as the company has not reported any payouts.

health

Pros

• Zee Media is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
• Whilst loss making Zee Media has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -43.4% per year.
• Whilst loss making Zee Media has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
• Debt is well covered by operating cash flow (84.3%, greater than 20% of total debt).
• Debt is covered by short term assets, assets are 2.4x debt.
• Zee Media's cash and other short term assets cover its long term commitments.
• The level of debt compared to net worth has been reduced over the past 5 years (114.4% vs 26% today).
• Zee Media's level of debt (26%) compared to net worth is satisfactory (less than 40%).

Cons

• Zee Media is making a loss, therefore interest payments are not well covered by earnings.
• High level of physical assets or inventory.

management

Pros

• The tenure for the Zee Media management team is about average.

Cons

• The average tenure for the Zee Media board of directors is less than 3 years, this suggests a new board.

misc

Pros

Cons

• Zee Media is not covered by any analysts.
• Zee Media has significant price volatility in the past 3 months.

past

Pros

Cons

• Unable to compare Zee Media's 1-year earnings growth to the 5-year average as it is not currently profitable.
• Zee Media does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
• It is difficult to establish if Zee Media has efficiently used its assets last year compared to the IN Media industry average (Return on Assets) as it is loss-making.
• It is difficult to establish if Zee Media improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
• It is difficult to establish if Zee Media has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
• Unable to compare Zee Media's 1-year growth to the IN Media industry average as it is not currently profitable.

value

Pros

• Zee Media is good value based on assets compared to the IN Media industry average.
• NSEI:ZEEMEDIA is up 22.9% outperforming the Media industry which returned 10.1% over the past month.
• NSEI:ZEEMEDIA is up 22.9% outperforming the market in India which returned 8% over the past month.

Cons

• Zee Media's share price is below the future cash flow value, but not at a moderate discount (< 20%).
• Zee Media's share price is below the future cash flow value, but not at a substantial discount (< 40%).
• Zee Media is loss making, we can't compare its value to the IN Media industry average.
• Zee Media is loss making, we can't compare the value of its earnings to the India market.
• ZEEMEDIA underperformed the Media industry which returned -34.8% over the past year.
• ZEEMEDIA underperformed the Market in India which returned -14.5% over the past year.