Risk factor
Very poor trading liquidity
Profitability factor
Greatly undervalued vs peers
About
DEN Networks Limited is an Indian enterprise primarily focused on delivering and marketing television channels via its extensive digital cable distribution infrastructure. Its business activities are structured into two main segments: Cable and Broadband. In addition to its core channel distribution, the company extends its offerings to include cable television, over-the-top (OTT) entertainment options, and high-speed internet broadband services. The company boasts a significant reach, serving approximately 13 million households primarily across 13 Indian states, which include Delhi, Uttar Pradesh, Karnataka, Maharashtra, Gujarat, Rajasthan, Haryana, Kerala, West Bengal, Jharkhand, Bihar, Madhya Pradesh, and Uttarakhand. Established in 2007, the company was initially known as DEN Digital Entertainment Networks Limited before officially changing its name to DEN Networks Limited in June 2008. Its corporate headquarters are located in New Delhi, India.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITD.