Risk factor
Very poor trading liquidity
Profitability factor
Very weak growth
About
SITI Networks Limited, an Indian multi-system operator headquartered in Noida and established in 1994, delivers a broad spectrum of cable television, internet, and related services across the nation. Operating under the SITI brand, its offerings include digital cable TV, broadband internet, and local channel content. The company caters to approximately 30 million customers, supported by an infrastructure that features 10 digital head ends and an extensive intra-city network spanning roughly 31,000 kilometers of fiber optic and coaxial cable, reaching about 800 locations. The company was formerly known as SITI Cable Network Limited before rebranding to SITI Networks Limited in August 2016.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is overvalued on EV/EBITDA.