Saregama India Ltd
NSE:SAREGAMA

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Saregama India Ltd
NSE:SAREGAMA
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Price: 344.3 INR -1.49% Market Closed
Market Cap: ₹66.1B

P/OCF

77.7
Current
4%
More Expensive
vs 3-y average of 74.7

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
77.7
=
Market Cap
₹63.6B
/
Operating Cash Flow
₹851.8m

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
77.7
=
Market Cap
₹63.6B
/
Operating Cash Flow
₹851.8m

Valuation Scenarios

Saregama India Ltd is trading above its 3-year average

If P/OCF returns to its 3-Year Average (74.7), the stock would be worth ₹331.2 (4% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-73%
Maximum Upside
No Upside Scenarios
Average Downside
39%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 77.7 ₹344.3
0%
3-Year Average 74.7 ₹331.2
-4%
5-Year Average 70.9 ₹314.21
-9%
Industry Average 21.3 ₹94.51
-73%
Country Average 23 ₹101.76
-70%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
IN
Saregama India Ltd
NSE:SAREGAMA
67.2B INR 77.7 34.5
US
Netflix Inc
NASDAQ:NFLX
387.9B USD 31 29.3
US
Walt Disney Co
NYSE:DIS
182.6B USD 11.9 15.1
LU
Spotify Technology SA
NYSE:SPOT
91.3B USD 24.1 28.7
US
Warner Bros Discovery Inc
NASDAQ:WBD
67.1B USD 15.6 92.4
NL
Universal Music Group NV
AEX:UMG
35.5B EUR 18.8 21.3
US
Live Nation Entertainment Inc
NYSE:LYV
36.1B USD 26.2 -666.2
US
TKO Group Holdings Inc
NYSE:TKO
35.6B USD 34.8 157.2
FR
Bollore SE
PAR:BOL
14.8B EUR 45.3 43.1
US
Roku Inc
NASDAQ:ROKU
16.7B USD 34.9 191.1
US
Warner Music Group Corp
NASDAQ:WMG
14.6B USD 19.1 48.9

Market Distribution

Higher than 89% of companies in India
Percentile
89th
Based on 2 204 companies
89th percentile
77.7
Low
0.5 — 14
Typical Range
14 — 39.7
High
39.7 —
Distribution Statistics
India
Min 0.5
30th Percentile 14
Median 23
70th Percentile 39.7
Max 28 676

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 ₹344.3
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