Hathway Cable & Datacom Limited (HATHWAY) fair value: what the stock is really worth
As of Oct 23, 2026: fair value (intrinsic value) of Hathway Cable & Datacom Limited stock ₹6.01, price ₹9.03, upside -33.4%, quality 51 out of 100. Rating: overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 21, 2026.
How to read this chart
60‑month range ₹8.87 – ₹28.00 · fair‑value band ₹3.95 – ₹8.58 · the ₹9.03 price screens above the ₹6.01 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 21, 2026.
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Hathway Cable and Datacom Limited provides cable television network and Internet services. The company operates through Broadband Business, Cable Television, and Dealing in Securities segments. It provides home and business broadband services.
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In addition, the company provides management, technical, and consultancy services. Further, it is engaged in the cable TV services business in cities and towns in India. Hathway Cable and Datacom Limited was incorporated in 1959 and is headquartered in Mumbai, India.
Hathway Cable and Datacom Limited is a subsidiary of Reliance Industries Limited.
Stock analysis
Hathway Cable & Datacom Limited (HATHWAY) currently trades at ₹9.03, while our model-based Fair Value estimate is ₹6.01, 33.4% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of ₹11.56 per share, and 10 of the 24 models we run sit above the ₹9.03 price.
Bear case: the Economic Profit group reads lowest at ₹1.33, and 14 of the 24 models stay below the price. Data coverage for this calculation is low.
Scenario range: ₹3.95 (bear) to ₹8.58 (bull), the price of ₹9.03 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 51/100 (solid quality), in the Communication Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Hathway Cable & Datacom Limited reported revenue of ₹21.5B in FY2026 versus ₹17.9B in FY2022, a compound +4.7%/yr. Reported net income was ₹823M in FY2026, compounding −10.8%/yr from FY2022.
Key figures
Market cap ₹16.2B (≈ $170M) Micro · P/E ratio 21.5 · P/S ratio 0.74 · EPS (TTM) ₹0.4200 · Net margin 3.5% · Return on equity 1.9% · Return on assets (EBIT) 0.8% · Revenue (TTM) ₹21.8B.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 30 out of 100 (medium confidence).
What moves the price
The share trades about 35% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at −11% fair-value upside, at −33%, HATHWAY screens richer than that median.
Fair Value models
Bear₹3.95Fair Value ₹6.01Bull₹8.58
Price ₹9.03 · Upside -33.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then (₹0.2382 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.53/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+5.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.0%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.4%
Start year 2021 (pandemic). Over 10 years: +0.4% a year
Revenue growth 21 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+11.9%
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What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−8.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−8.9%
Dividend (yield on the price)0.0%
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.12% → 1%
Growth Forecast
Little optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
less than -40 %
The company could shrink this much every year for the next five years and today's price would still be justified.
Compare Hathway Cable & Datacom Limited with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Entertainment · 228 stocks
Beats the industry median on 8/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score51 · Above median
Fair Value upside−33.4% · Below median
Profitability
Return on equity (12 months)1.9% · Above median
Return on assets1.6% · Above median
Net margin (12 months)3.5% · Above median
Operating margin (12 months)0.0% · Below median
Growth and dividend
Revenue growth (quarter YoY)6.5% · Above median
Valuation Multiplesvs Entertainment median · lower = cheaper
P/E (12 months)21.5× · Pricier than median
P/B0.36× · Cheapest 25%
P/S (12 months)0.74× · Cheaper than median
Price / free cash flow48.4× · Priciest 25%
EV/EBITDA4.4× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 34
FUTURE (revenue growth)33· sector 29
PAST (return on equity)7· sector 7
HEALTH (low debt)100· sector 95
DIVIDEND (yield)0· sector 47
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Hathway Cable & Datacom Limited (HATHWAY) overvalued or undervalued?
As of Oct 21, 2026, our model estimates a fair value of ₹6.01 versus a price of ₹9.03, about −33% upside (overvalued).
What is the fair value of HATHWAY?
Our model-based fair value for Hathway Cable & Datacom Limited is ₹6.01 (as of Oct 21, 2026), built from audited fundamentals. The current price: ₹9.03.
What is the quality score of HATHWAY?
Hathway Cable & Datacom Limited has a Quality Score of 51/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Hathway Cable & Datacom Limited (HATHWAY)?
Our model-based price target is the fair value of ₹6.01 (as of Oct 21, 2026) from 24 valuation models. Cautious scenario ₹3.95, optimistic scenario ₹8.58. It is a calculation from audited fundamentals, not an analyst target.
What is the Hathway Cable & Datacom Limited stock forecast for 2026?
Our models put fair value at ₹6.01, about −33% upside versus a price of ₹9.03 (overvalued). Cautious scenario ₹3.95, optimistic scenario ₹8.58. The calculation is refreshed regularly with new filings.
What is the revenue of Hathway Cable & Datacom Limited (HATHWAY)?
Hathway Cable & Datacom Limited reported trailing-twelve-month revenue of about ₹21.8B (latest available figure, as of Oct 21, 2026).
What growth is priced into Hathway Cable & Datacom Limited (HATHWAY)?
For today's price to be fair in a discounted-cash-flow model, Hathway Cable & Datacom Limited would have to grow free cash flow by less than minus 40 % per year for five years (discount rate 13.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +4.4 % per year. As of Oct 21, 2026.
What discount rate (WACC) does the fair value of HATHWAY use?
Our models discount Hathway Cable & Datacom Limited at 13.9 %: a base by market capitalisation (micro), damped by beta 0.48, country premium for India. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Hathway Cable & Datacom Limited that is less than minus 40 % per year a year over ten years, using the same discount rate (13.9 %) and the same formula as our fair value.
How much growth has Hathway Cable & Datacom Limited (HATHWAY) delivered so far?
Over the past 5 years revenue at Hathway Cable & Datacom Limited grew +4.4 % a year. The price currently implies less than minus 40 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Hathway Cable & Datacom Limited (HATHWAY) growing?
The median revenue growth in the sector is +3.4 % a year. That is the yardstick for the growth priced into Hathway Cable & Datacom Limited (less than minus 40 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Hathway Cable & Datacom Limited (HATHWAY)?
The free-cash-flow yield on the price is 2.07 %: that much free cash flow Hathway Cable & Datacom Limited produces per unit of market value. When it exceeds the discount rate of our models (13.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Hathway Cable & Datacom Limited (HATHWAY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Hathway Cable & Datacom Limited it is ₹6.01 per share (as of Oct 21, 2026), against a price of ₹9.03. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Hathway Cable & Datacom Limited stock overvalued or undervalued in 2026?
As of Oct 21, 2026, HATHWAY trades above its calculated fair value: price ₹9.03, fair value ₹6.01, a gap of about −33% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of HATHWAY?
No. The price is what the market pays today (₹9.03); the fair value is what the company's own numbers justify (₹6.01). For Hathway Cable & Datacom Limited the two are ₹3.02 per share apart. That gap is exactly why we show both numbers side by side.
How much is Hathway Cable & Datacom Limited worth?
The market values Hathway Cable & Datacom Limited at about ₹16.2B (market capitalisation, as of Oct 21, 2026). Per share that is ₹9.03; our models calculate a fair value of ₹6.01 per share.
What do the bullish and bearish scenarios say about HATHWAY?
Our models span a range for Hathway Cable & Datacom Limited: cautious scenario ₹3.95, base ₹6.01, optimistic ₹8.58 per share (as of Oct 21, 2026, price ₹9.03). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of HATHWAY?
Hathway Cable & Datacom Limited trades at a price-to-earnings ratio of 21.5 (as of Oct 21, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹6.01 is built from several models across several years. Other multiples: P/B 0.4, P/S 0.7, EV/EBITDA 4.4.
How solid is the balance sheet of Hathway Cable & Datacom Limited (HATHWAY)?
Balance-sheet figures for Hathway Cable & Datacom Limited (as of Oct 21, 2026): return on equity 1.9%. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is HATHWAY from its 52-week high?
Hathway Cable & Datacom Limited trades at ₹9.03, about 35% below its 52-week high of ₹13.84 and 2% above the low of ₹8.87 (as of Oct 23, 2026). Distance from the high says nothing about value: that is what the fair value of ₹6.01 is for.
Which stocks are comparable to Hathway Cable & Datacom Limited?
From the same area (Communication Services) we also value Netflix, Inc, The Walt Disney Company, Live Nation Entertainment, Inc, TKO Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Hathway Cable & Datacom Limited stock attractive at the current price?
The data as of Oct 21, 2026: price ₹9.03, calculated fair value ₹6.01 (−33%), Quality Score 51/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of HATHWAY calculated?
We run Hathway Cable & Datacom Limited through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹6.01, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 12.3 % above its aggregate fair value. Hathway Cable & Datacom Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Hathway Cable & Datacom Limited (HATHWAY)?
The closing price on Oct 23, 2026 was ₹9.03. Our model-based fair value is ₹6.01, about −33% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Hathway Cable & Datacom Limited right now?
The price sits above even our optimistic bull case (₹8.58). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (51/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (₹3.95 to ₹8.58) leaves room in how you read the outcome.
Key figures of Hathway Cable & Datacom Limited
How large is the market capitalisation of Hathway Cable & Datacom Limited (HATHWAY)?
The market capitalisation of Hathway Cable & Datacom Limited is ₹16.2B (≈ $170M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Hathway Cable & Datacom Limited (HATHWAY)?
The price-to-sales ratio of Hathway Cable & Datacom Limited is 0.74 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Hathway Cable & Datacom Limited (HATHWAY)?
Earnings per share at Hathway Cable & Datacom Limited are ₹0.4200 (price ÷ EPS = P/E 21.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Hathway Cable & Datacom Limited (HATHWAY)?
The net margin of Hathway Cable & Datacom Limited is 3.5% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Hathway Cable & Datacom Limited (HATHWAY)?
The return on equity (ROE) of Hathway Cable & Datacom Limited is 1.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Hathway Cable & Datacom Limited (HATHWAY)?
On an EBIT basis the return on assets of Hathway Cable & Datacom Limited is 0.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
How fast is revenue growing at Hathway Cable & Datacom Limited (HATHWAY)?
Revenue at Hathway Cable & Datacom Limited is growing +6.5% versus a year earlier (3y avg +5.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Hathway Cable & Datacom Limited (HATHWAY)?
Earnings per share at Hathway Cable & Datacom Limited are growing −22.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Hathway Cable & Datacom Limited (HATHWAY) hold?
Hathway Cable & Datacom Limited holds more cash than debt, ₹1.8B net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Oct 21, 2026