T.V. Today Network Limited (NSE:TVTODAY) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of TVTODAY, it is a financially-sound , dividend-paying company with an impressive track record of performance. In the following section, I expand a bit more on these key aspects. If you're interested in understanding beyond my broad commentary, take a look at the report on T.V. Today Network here.
Flawless balance sheet with proven track record and pays a dividend
Over the past year, TVTODAY has grown its earnings by 17%, with its most recent figure exceeding its annual average over the past five years. Not only did TVTODAY outperformed its past performance, its growth also exceeded the Media industry expansion, which generated a 14% earnings growth. This is what investors like to see! TVTODAY is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This indicates that TVTODAY has sufficient cash flows and proper cash management in place, which is a key determinant of the company’s health. TVTODAY appears to have made good use of debt, producing operating cash levels of 9.41x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
For those seeking income streams from their portfolio, TVTODAY is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 0.7%.
For T.V. Today Network, I've put together three fundamental factors you should look at:
- Future Outlook: What are well-informed industry analysts predicting for TVTODAY’s future growth? Take a look at our free research report of analyst consensus for TVTODAY’s outlook.
- Valuation: What is TVTODAY worth today? Is the stock undervalued, even when its growth outlook is factored into its intrinsic value? The intrinsic value infographic in our free research report helps visualize whether TVTODAY is currently mispriced by the market.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of TVTODAY? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.