Television Broadcasts (TVBCY) AI Stock Analysis

• Market Cap: $198.26M
• Dividend Yield: N/A
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.42
• Revenue Growth: -0.60%
• EPS Growth: 13.97%
• Country: US
• Employees: 3,304
• Sector: Communication Services
• Sector Strength: 97
• Industry: Broadcasting
• EPS (TTM): -0.06
• Shares Outstanding: 233,480,910
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: 0.07
• Price to Book (P/B): 0.56
• Price to Sales (P/S): 0.39
• P/FCF Ratio: 6.81
• Enterprise Value/Market Cap: 1.95
• Enterprise Value/Revenue: 0.12
• Enterprise Value/Gross Profit: 0.29
• Enterprise Value/Ebitda: -3.89
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 42 Neutral
• Price Target: $1.00 ▲(19.05% Upside)

Television Broadcasts' overall stock score is primarily impacted by its weak financial performance, characterized by declining revenues and persistent losses. Technical analysis indicates bearish momentum, further weighing on the score. The negative P/E ratio and lack of dividend yield highlight valuation concerns.

Television Broadcasts Business Overview & Revenue Model

Company Description

Television Broadcasts Limited (TVBCY) is a leading television and media company based in Hong Kong. It operates in the broadcasting sector, providing a variety of television channels and multimedia services. TVBCY is known for its extensive range of programming, including news, entertainment, sports, and educational content, primarily delivered through its free-to-air television channels and digital platforms. The company aims to engage audiences by offering high-quality content that caters to diverse viewer preferences.

How the Company Makes Money

TVBCY generates revenue through multiple streams, primarily from advertising sales, subscription fees, and content syndication. Advertising revenue is a significant source of income, as the company sells advertising slots during its programming, attracting local and international brands looking to reach a broad audience. Additionally, TVBCY offers subscription-based services, allowing viewers access to premium content and channels. The company also monetizes its content through syndication, licensing shows and programs to other networks and platforms, both domestically and internationally. Strategic partnerships with advertisers, production companies, and digital platforms further enhance its revenue potential, enabling the company to diversify its income sources and strengthen its market position.

Television Broadcasts Financial Statement Overview

Summary

Television Broadcasts faces significant financial challenges with declining revenues and persistent losses impacting profitability. Despite improvements in cash flow, operational inefficiencies and a weakening balance sheet remain concerns.

Income Statement

Television Broadcasts has struggled with declining revenues, experiencing a negative revenue growth rate as total revenue decreased from 2023 to 2024. Despite an improvement in gross profit margin, the company remains unprofitable with a significant negative net profit margin. The EBIT and EBITDA margins are also negative, indicating operational challenges. The company's financial performance is hampered by persistent losses, requiring strategic changes to reverse the trajectory.

Balance Sheet

The company's balance sheet reveals a moderate debt-to-equity ratio, suggesting a manageable level of leverage. However, the equity ratio has weakened, reflecting reduced financial stability. Return on equity remains negative due to ongoing net losses, highlighting profitability issues. While the company maintains a solid level of cash and short-term investments, the declining stockholders' equity and high liabilities raise concerns about long-term financial health.

Cash Flow

Television Broadcasts has shown improvement in free cash flow, transitioning from negative to positive in 2024, representing a positive free cash flow growth rate. The operating cash flow to net income ratio is favorable, indicating that the company generates sufficient cash from operations relative to its net losses. However, the free cash flow to net income ratio remains concerning, underscoring the need for enhanced cash management strategies.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.26B	3.32B	3.59B	2.90B	2.72B
Gross Profit	1.33B	1.02B	1.01B	721.83M	847.23M
EBITDA	-99.48M	-298.42M	-454.01M	-244.56M	144.71M
Net Income	-491.05M	-762.80M	-807.13M	-646.74M	-280.88M
Balance Sheet
Total Assets	5.45B	6.25B	7.05B	7.65B	9.83B
Cash, Cash Equivalents and Short-Term Investments	711.42M	787.28M	1.09B	1.22B	3.42B
Total Debt	2.16B	2.33B	2.26B	2.06B	3.79B
Total Liabilities	3.25B	3.51B	3.44B	3.06B	4.53B
Stockholders Equity	2.26B	2.75B	3.50B	4.36B	5.13B
Cash Flow
Free Cash Flow	186.85M	-293.56M	-417.48M	-483.67M	-138.84M
Operating Cash Flow	251.78M	-154.50M	-302.57M	-302.29M	30.79M
Investing Cash Flow	-17.54M	-126.74M	162.98M	2.07B	-1.16B
Financing Cash Flow	-233.26M	181.52M	-207.06M	-1.95B	1.33B

Television Broadcasts Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.84
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TVBCY, the sentiment is Negative. The current price of 0.84 is below the 20-day moving average (MA) of 0.86, below the 50-day MA of 0.92, and below the 200-day MA of 0.88, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 41.30 is Neutral, neither overbought nor oversold. The STOCH value of 64.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TVBCY.

Television Broadcasts Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SSP	61 Neutral	$210.23M	4.90	8.30%	―	5.25%	―
GTN	61 Neutral	$539.58M	3.19	7.23%	6.67%	7.03%	1727.49%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
SGA	60 Neutral	$80.50M	37.64	1.23%	8.03%	-1.72%	-66.67%
EVC	48 Neutral	$183.77M	―	-75.89%	9.85%	-58.44%	-130.21%
UONE	45 Neutral	$36.00M	-0.37	-97.71%	―	-10.63%	-61.23%
TVBCY	42 Neutral	$198.26M	―	-19.55%	―	-0.60%	13.97%