Why We're Not Concerned About Affle (India) Limited's (NSE:AFFLE) Share Price
Apr 01
Indian (NIFTY) Advertising Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies20
- 7D-4.8%
- 3M-11.1%
- 1Y33.5%
- YTDn/a
Over the last 7 days, the Advertising industry has dropped 4.8%, driven by Affle (India) declining 3.5%. Meanwhile, Touchwood Entertainment actually outperformed within the industry, gaining 5.5% in the last week. Over the past 12 months, the industry was up 33%. As for the next few years, earnings are expected to grow by 24% per annum.
Industry Valuation and Performance
Has the Indian Advertising Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 08 May 2024 | ₹283.1b | ₹112.6b | ₹18.7b | 32.2x | 15.1x | 2.5x |
| Fri, 05 Apr 2024 | ₹300.8b | ₹112.6b | ₹18.7b | 38.2x | 16x | 2.7x |
| Sun, 03 Mar 2024 | ₹278.3b | ₹109.7b | ₹18.4b | 41.2x | 15.1x | 2.5x |
| Tue, 30 Jan 2024 | ₹276.9b | ₹103.6b | ₹17.9b | 45.3x | 15.5x | 2.7x |
| Thu, 28 Dec 2023 | ₹267.0b | ₹103.3b | ₹17.8b | 31.5x | 15x | 2.6x |
| Sat, 25 Nov 2023 | ₹203.5b | ₹26.3b | ₹3.6b | 35x | 56x | 7.7x |
| Mon, 23 Oct 2023 | ₹188.1b | ₹26.2b | ₹3.5b | 45.8x | 53.2x | 7.2x |
| Wed, 20 Sep 2023 | ₹187.0b | ₹25.0b | ₹3.5b | 44.4x | 54.1x | 7.5x |
| Fri, 18 Aug 2023 | ₹182.1b | ₹25.0b | ₹3.5b | 40.1x | 52.6x | 7.3x |
| Sun, 16 Jul 2023 | ₹176.7b | ₹24.2b | ₹3.4b | 31.3x | 52.6x | 7.3x |
| Tue, 13 Jun 2023 | ₹164.7b | ₹22.8b | ₹3.1b | 46.1x | 52.9x | 7.2x |
| Thu, 11 May 2023 | ₹146.5b | ₹17.9b | ₹3.0b | 34.6x | 48.1x | 8.2x |
| Sat, 08 Apr 2023 | ₹147.8b | ₹17.2b | ₹3.0b | 37.8x | 49.5x | 8.6x |
| Mon, 06 Mar 2023 | ₹152.7b | ₹16.7b | ₹2.7b | 34.8x | 56.6x | 9.2x |
| Wed, 01 Feb 2023 | ₹163.4b | ₹16.1b | ₹2.6b | 36.7x | 63.9x | 10.1x |
| Fri, 30 Dec 2022 | ₹156.2b | ₹16.7b | ₹2.6b | 29.9x | 60.7x | 9.3x |
| Sun, 27 Nov 2022 | ₹173.7b | ₹16.7b | ₹2.6b | 28x | 67.5x | 10.4x |
| Tue, 25 Oct 2022 | ₹167.8b | ₹15.7b | ₹2.4b | 30.4x | 69.9x | 10.7x |
| Thu, 22 Sep 2022 | ₹177.8b | ₹15.2b | ₹2.4b | 25.6x | 74.5x | 11.7x |
| Sat, 20 Aug 2022 | ₹172.1b | ₹14.7b | ₹2.3b | 19.6x | 73.6x | 11.7x |
| Mon, 18 Jul 2022 | ₹142.7b | ₹12.7b | ₹2.1b | 19.2x | 66.7x | 11.3x |
| Wed, 15 Jun 2022 | ₹136.4b | ₹12.7b | ₹2.1b | 16.5x | 63.7x | 10.8x |
| Fri, 13 May 2022 | ₹145.0b | ₹11.2b | ₹2.0b | 15.1x | 71.5x | 12.9x |
| Sun, 10 Apr 2022 | ₹176.0b | ₹11.2b | ₹2.0b | 19.6x | 86.8x | 15.7x |
| Tue, 08 Mar 2022 | ₹159.0b | ₹11.2b | ₹2.0b | 20.3x | 78.4x | 14.2x |
| Thu, 03 Feb 2022 | ₹180.9b | ₹9.4b | ₹1.7b | 20.2x | 104.5x | 19.3x |
| Sat, 01 Jan 2022 | ₹156.7b | ₹9.4b | ₹1.7b | 22.1x | 90.5x | 16.8x |
| Mon, 29 Nov 2021 | ₹163.3b | ₹9.2b | ₹1.7b | 16x | 94.5x | 17.7x |
| Wed, 27 Oct 2021 | ₹147.6b | ₹7.6b | ₹1.5b | 16.3x | 95.5x | 19.5x |
| Fri, 24 Sep 2021 | ₹143.5b | ₹7.6b | ₹1.5b | 16x | 93.2x | 18.9x |
| Sun, 22 Aug 2021 | ₹114.3b | ₹8.7b | ₹1.8b | 15.4x | 62.6x | 13.2x |
| Fri, 09 Jul 2021 | ₹122.4b | ₹8.7b | ₹1.8b | 12.8x | 67x | 14.1x |
Price to Earnings Ratio
91.2x
Current Industry PE
- Investors are pessimistic on the Indian Advertising industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 15.1x which is lower than its 3-year average PE of 61.7x.
- The 3-year average PS ratio of 10.7x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
- The earnings for companies in the Advertising industry have grown 125% per year over the last three years.
- Revenues for these companies have grown 146% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Advertising compare with similar industries?
| IN Market | -1.98% | |
| Telecom | -3.11% | |
| Media | -4.82% | |
| Advertising | -4.80% | |
| Publishing | -1.54% | |
| Cable and Satellite | -4.33% | |
| Broadcasting | -5.76% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MAXPOSURE Maxposure | ₹102.85 | 3.1% +₹70.5m | n/a | PE52.2x | |
| 543905 Innokaiz India | ₹59.20 | 9.3% +₹51.5m | n/a | PE9.9x | |
| 543895 Exhicon Events Media Solutions | ₹314.10 | 0.9% +₹36.9m | 199.6% | PE34.4x | |
| TOUCHWOOD Touchwood Entertainment | ₹149.85 | 1.9% +₹29.0m | -12.3% | PE54.1x | |
| 543439 Brandbucket Media & Technology | ₹10.10 | 7.3% +₹16.0m | -54.3% | PE36.2x |