Documenti di Didattica
Documenti di Professioni
Documenti di Cultura
June 8, 2015
Rating matrix
Rating
Target
Target Period
Potential Upside
:
:
:
:
Sun TV (SUNTV)
Under Review
NA
NA
NA
Whats Changed?
Target
EPS FY16E
EPS FY17E
Rating
UR
UR
UR
Under Review
Key Financials
| Crore
Net Sales
EBITDA
Net Profit
EPS (|)
FY14
2,224
1,510
748
19.0
FY15
2,395
1,677
782
19.8
FY16E
2,651
1,879
922
23.4
FY17E
3,016
2,166
1,109
28.1
FY14
14.0
NA
6.3
3.3
23.5
31.9
FY15
13.4
NA
5.6
3.0
22.7
30.4
FY16E
11.3
NA
4.9
2.8
24.9
33.2
FY17E
9.4
NA
4.0
2.5
26.7
35.4
Valuation summary
P/E
Target P/E
EV / EBITDA
P/BV
RoNW
RoCE
Price Chart
10,000
500
8,000
400
6,000
300
4,000
200
2,000
100
0
Jun-14
0
Sep-14
Dec-14
Price (R.H.S)
Mar-15
| 265
Jun-15
Nifty (L.H.S)
Research Analyst
Karan Mittal
karan.mittal@icicisecurities.com
Sneha Agarwal
sneha.agarwal@icicisecurities.com
ANALYST CERTIFICATION
We /I, Karan Mittal (MBA), Sneha Agarwal (MBA), Research Analysts, authors and the names subscribed to this report, hereby certify that all of the views expressed in this research report accurately
reflect our views about the subject issuer(s) or securities. We also certify that no part of our compensation was, is, or will be directly or indirectly related to the specific recommendation(s) or view(s)
in this report.
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