Saregama India Ltd
NSE:SAREGAMA

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Saregama India Ltd
NSE:SAREGAMA
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Price: 343.85 INR -1.62% Market Closed
Market Cap: ₹66B

EV/GP

10.6
Current
29%
Cheaper
vs 3-y average of 15

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
10.6
=
Enterprise Value
₹56.7B
/
Gross Profit
₹5.6B

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
10.6
=
Enterprise Value
₹56.7B
/
Gross Profit
₹5.6B

Valuation Scenarios

Saregama India Ltd is trading below its 3-year average

If EV/GP returns to its 3-Year Average (15), the stock would be worth ₹487.61 (42% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-56%
Maximum Upside
+43%
Average Downside
2%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 10.6 ₹343.85
0%
3-Year Average 15 ₹487.61
+42%
5-Year Average 15.2 ₹492.01
+43%
Industry Average 4.6 ₹149.83
-56%
Country Average 6.5 ₹212.24
-38%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close
Market Cap EV/GP P/E
IN
Saregama India Ltd
NSE:SAREGAMA
66.1B INR 10.6 34.5
US
Netflix Inc
NASDAQ:NFLX
387.6B USD 16.9 29
US
Walt Disney Co
NYSE:DIS
185.9B USD 6 15.2
LU
Spotify Technology SA
NYSE:SPOT
90.9B USD 12.2 28.6
US
Warner Bros Discovery Inc
NASDAQ:WBD
66.9B USD 5.8 92
NL
Universal Music Group NV
AEX:UMG
32.7B EUR 6.6 21.3
US
Live Nation Entertainment Inc
NYSE:LYV
37.3B USD 5.2 -675.6
US
TKO Group Holdings Inc
NYSE:TKO
36.1B USD 14.9 157.6
FR
Bollore SE
PAR:BOL
15B EUR 51.5 43.1
US
Roku Inc
NASDAQ:ROKU
18.3B USD 7.7 207.2
US
Warner Music Group Corp
NASDAQ:WMG
14.6B USD 5.8 48.8

Market Distribution

In line with most companies in India
Percentile
69th
Based on 2 475 companies
69th percentile
10.6
Low
0.2 — 4.1
Typical Range
4.1 — 10.8
High
10.8 —
Distribution Statistics
India
Min 0.2
30th Percentile 4.1
Median 6.5
70th Percentile 10.8
Max 34 392.2

Saregama India Ltd
Glance View

Saregama India Ltd., an enduring giant in the music and entertainment industry, stands as a testament to the rich cultural tapestry of India. With origins tracing back to the early days of recorded sound in the country, Saregama is deeply woven into India's musical heritage. Originally known as HMV and later The Gramophone Company of India, it has since evolved to become a modern-day digital content powerhouse. At its core, Saregama curates an extensive repository of musical tracks, including iconic songs from Bollywood, classical renditions, and regional hits, which it monetizes across various platforms. By leveraging licensing agreements with streaming services, television networks, and film production houses, Saregama capitalizes on the timeless appeal of its catalogue, ensuring a steady revenue stream in a digitally driven world. Besides its vast music archive, Saregama has diversified its business model by branching into film and television content production under its Yoodlee Films division. By producing contemporary movies that appeal to both digital and traditional audiences, the company taps into the growing demand for original content, further enhancing its market relevance. Additionally, Saregama's innovative foray into consumer products like the Carvaan series—a range of portable music players pre-loaded with classic tracks—has struck a chord with nostalgic consumers, blending modern technology with timeless music. These strategic ventures highlight Saregama’s adaptability in monetizing its intellectual property and the brand's forward-thinking approach to engage with both legacy and new-age audiences.

SAREGAMA Intrinsic Value
257.86 INR
Overvaluation 25%
Intrinsic Value
Price ₹343.85
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