Network18 Media & Investments Limited Valuation
NETWORK18 · Media Entertainment & Publication · Current price ₹26.51
Is Network18 Media & Investments Limited undervalued?
We estimate the fair value of Network18 Media & Investments Limited at ₹22 per share, against a market price of ₹27. That puts the share price about -17.4% above our estimate, at medium confidence. This is our view of what the business is worth, not a target price or a forecast of where the share price will go.
How this fair value is calculated
This estimate comes from 1 method: Residual income (excess return on book) (₹22). Each is weighted by how well its inputs held up for this company. The full working, including the assumptions and what data was missing, is set out below.
The range around this estimate
Our estimate for Network18 Media & Investments Limited spans ₹20 to ₹24. A margin of safety means buying meaningfully below the estimate: the wider the range, the more room the assumptions leave for error.
Valuation multiples
Network18 Media & Investments Limited trades at a P/E of 26.8x and a P/B of 0.8x, with a dividend yield of 0.0%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.
How we got this fair value
Every number below is part of the same estimate for Network18 Media & Investments Limited. Nothing here is a target price or a forecast of where the share price will go.
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.
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
- ROE (normalized)
- -2.2%
- Book value / share
- 31.9 ₹
computed
reported
- Cost of equity
- 10.6%
building-block
- Moat
- None
- Excess-return horizon
- 3 yrs
computed
computed
Who computed this
A language model (qwen3:8b) selects the valuation method and the judgement inputs for Network18 Media & Investments Limited: 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 methodologyUnderstand the ratios
More on Network18 Media & Investments Limited
DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.

