NETWORK18 MEDIA & INV LTD DCF Valuation

NETWORK18 · Media Entertainment & Publication · Current price ₹26.51

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DocStoX fair value
₹22
medium confidence · 52/100
Current price
₹27
Upside to fair value
-17.4%
Estimate range
₹20 – ₹24
Cash-flow model
₹22
Residual income (excess return on book) · 100% weight
5Y profit growth
-22.3%
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NETWORK18 MEDIA & INV LTD cash-flow valuation

Our residual income (excess return on book) values NETWORK18 MEDIA & INV LTD at ₹22 per share. Book value plus the present value of returns earned above the 10.6% cost of equity. It carries 100% of the weight in our published estimate of ₹22. A discounted cash flow is only as good as the cash-flow path it assumes, so the assumptions behind it are listed in full below.

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Prefer to build the discounted cash flow yourself? The DCF calculator below opens pre-filled with NETWORK18 MEDIA & INV LTD's reported free cash flow, net debt and share count, so you can set your own growth and discount rate.

How we got this fair value

Every number below is part of the same estimate for NETWORK18 MEDIA & INV LTD. Nothing here is a target price or a forecast of where the share price will go.

Medium confidence52/100

Workable, with real gaps. Weigh it alongside your own view rather than on its own.

Estimate range ₹20 – ₹24

Why this method for this business

Residual income is the only viable model for a media company with erratic earnings and no clear moat, as DCF is unsuitable for a business with volatile cash flows and high debt.

The models behind the number

Each method is weighted by how well its inputs held up for this company.

Residual income (excess return on book)
₹22100% weight

Book value plus the present value of returns earned above the 10.6% cost of equity

  • dcf: requires stable cash flows and growth assumptions, which are absent
  • relative_pe: requires comparable multiples, which are not available for a media company with unique business model

What was missing

  • Forward estimates
  • Comparable multiples for media companies
  • Detailed analysis of content monetization and brand strength

What drives it

5 inputs, grouped by how strong each claim is
ReportedRead from filings or market data. Verifiable, not our opinion.
ROE (normalized)
-2.2%

computed

Book value / share
31.9 ₹

reported

MacroEconomy-wide input, not company-specific.
Cost of equity
10.6%

building-block

JudgementOur read of the evidence, not a measurement.
Moat
None

computed

Excess-return horizon
3 yrs

computed

Who computed this

A language model (qwen3:8b) selects the valuation method and the judgement inputs for NETWORK18 MEDIA & INV LTD: which models suit the business, the moat, the growth and margin assumptions. It does not produce the number. The fair value itself is computed in Python by a deterministic engine (version 2026.08.1) from those inputs, so the same inputs always give the same result and every figure above can be traced to a source.

Estimated 15 Sept 2026. Re-run as new financials and news arrive.

How we value stocks

We estimate what a business is worth from its own economics: cash flows, returns on capital, and a multiple justified by its quality, rather than from where the share price has been. A fair value estimate is a view, not a verdict, and it is only as good as the inputs listed above.

Read the full fair-value methodology

More on NETWORK18 MEDIA & INV LTD

DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.