Zee Media Corporation Limited (ZEEMEDIA) fair value: what the stock is really worth
As of Oct 29, 2026: fair value (intrinsic value) of Zee Media Corporation Limited stock ₹1.28, price ₹7.04, upside -81.8%, quality 60 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Oct 29, 2026.
How to read this chart
60‑month range ₹6.65 – ₹25.10 · fair‑value band ₹0.9600 – ₹1.60 · the ₹7.04 price screens above the ₹1.28 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Oct 29, 2026.
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Zee Media Corporation Limited publishes and broadcasts satellite television channels in India and internationally. It sells television programs and contents; and provides advertisement and subscription services.
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The company serves through news channels in various languages, including global English news channel under the WION name; regional news channels, such as Zee 24 Taas, Zee Punjab Haryana Himachal, Zee Madhya Pradesh Chattisgarh, Zee Rajasthan, Zee Bihar Jharkhand, Zee 24 ghanta, Zee 24 Kalak, Zee Uttar Pradesh Uttarakhand, Zee Delhi NCR Haryana, Zee Kannada News, and Zee Telugu News; digital only news channel, such as Zee Tamil News, and Zee Malayalam News; and national news channels comprising Zee News, Salaam Tv, Zee Bharat, and Zee Business.
It also serves through websites, social media pages, and apps in a variety of languages. Zee Media Corporation Limited was incorporated in 1999 and is based in Noida, India.
Stock analysis
Zee Media Corporation Limited (ZEEMEDIA) currently trades at ₹7.04, while our model-based Fair Value estimate is ₹1.28, 81.8% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of ₹12.00 per share, and 11 of the 22 models we run sit above the ₹7.04 price.
Bear case: the Economic Profit group reads lowest at ₹0.2900, and 11 of the 22 models stay below the price. Data coverage for this calculation is low.
Scenario range: ₹0.9600 (bear) to ₹1.60 (bull), the price of ₹7.04 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 60/100 (solid quality), in the Communication Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Zee Media Corporation Limited reported revenue of ₹7.6B in FY2026 versus ₹8.7B in FY2022, a compound −3.3%/yr. Reported net income was ₹19.0M in FY2026.
Key figures
Market cap ₹4.5B (≈ $46.8M) Micro · P/E ratio 287.3 · P/S ratio 0.72 · EPS (TTM) ₹−0.0200 · Net margin −0.2% · Return on equity 0.9% · Return on assets (EBIT) −2.0% · Operating margin −5.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 18 out of 100 (medium confidence).
What moves the price
The share trades about 30% below its 52-week high and 6% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 10% fair-value upside, at −82%, ZEEMEDIA screens richer than that median.
Fair Value models
Bear₹0.9600Fair Value ₹1.28Bull₹1.60
Price ₹7.04 · Upside -81.8%
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.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.64/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+22.1%
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.
+1.8%
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.
+3.2%
Start year 2021 (pandemic). Over 10 years: +3.4% 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.
+36.1%
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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.
−54.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−54.2%
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.22% → 0%
⚠ Revenue per share shrinking 3.1%/yr over ~10Y (margin trend unclear) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
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).
−10.1%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (India: IMF forecast 4.1% a year to 2030, 4.7% from 2016 to 2025) that is about −13.7% a year for the price.
Compare Zee Media Corporation 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.Broadcasting · 68 stocks
Beats the industry median on 6/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score60 · Top 25%
Fair Value upside−81.8% · Bottom 25%
Profitability
Return on equity (12 months)0.9% · Below median
Return on assets0.2% · Below median
Net margin (12 months)−0.2% · Below median
Operating margin (12 months)−5.2% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)4.7% · Above median
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Broadcasting median · lower = cheaper
P/E (12 months)287.3× · Priciest 25%
P/B1.99× · Priciest 25%
P/S (12 months)0.58× · Cheaper than median
Price / free cash flow5.4× · Cheaper than median
EV/EBITDA4.1× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 60
FUTURE (revenue growth)24· sector 23
PAST (return on equity)3· sector 9
HEALTH (low debt)100· sector 95
DIVIDEND (yield)0· sector 83
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.
Cite: Fair Value Calculator (2026). "Zee Media Corporation Limited Fair Value". https://www.fairvalue-calculator.com/stock/ZEEMEDIA
Frequently asked questions
Is Zee Media Corporation Limited (ZEEMEDIA) overvalued or undervalued?
As of Oct 29, 2026, our model estimates a fair value of ₹1.28 versus a price of ₹7.04, about −82% upside (overvalued).
What is the fair value of ZEEMEDIA?
Our model-based fair value for Zee Media Corporation Limited is ₹1.28 (as of Oct 29, 2026), built from audited fundamentals. The current price: ₹7.04.
What is the quality score of ZEEMEDIA?
Zee Media Corporation Limited has a Quality Score of 60/100. 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 Zee Media Corporation Limited (ZEEMEDIA)?
Our model-based price target is the fair value of ₹1.28 (as of Oct 29, 2026) from 22 valuation models. Cautious scenario ₹0.9600, optimistic scenario ₹1.60. It is a calculation from audited fundamentals, not an analyst target.
What is the Zee Media Corporation Limited stock forecast for 2026?
Our models put fair value at ₹1.28, about −82% upside versus a price of ₹7.04 (overvalued). Cautious scenario ₹0.9600, optimistic scenario ₹1.60. The calculation is refreshed regularly with new filings.
What is the revenue of Zee Media Corporation Limited (ZEEMEDIA)?
Zee Media Corporation Limited reported trailing-twelve-month revenue of about ₹7.7B (latest available figure, as of Oct 29, 2026).
What growth is priced into Zee Media Corporation Limited (ZEEMEDIA)?
For today's price to be fair in a discounted-cash-flow model, Zee Media Corporation Limited would have to grow free cash flow by -10.1 % per year for five years (discount rate 11.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +3.2 % per year. As of Oct 29, 2026.
What discount rate (WACC) does the fair value of ZEEMEDIA use?
Our models discount Zee Media Corporation Limited at 11.9 %: a base by market capitalisation (nano), damped by beta 0.87, 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 Zee Media Corporation Limited that is -10.1 % per year a year over ten years, using the same discount rate (11.9 %) and the same formula as our fair value.
How much growth has Zee Media Corporation Limited (ZEEMEDIA) delivered so far?
Over the past 5 years revenue at Zee Media Corporation Limited grew +3.2 % a year. The price currently implies -10.1 % 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 Zee Media Corporation Limited (ZEEMEDIA) growing?
The median revenue growth in the sector is +3.7 % a year. That is the yardstick for the growth priced into Zee Media Corporation Limited (-10.1 % 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 Zee Media Corporation Limited (ZEEMEDIA)?
The free-cash-flow yield on the price is 18.37 %: that much free cash flow Zee Media Corporation Limited produces per unit of market value. When it exceeds the discount rate of our models (11.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Zee Media Corporation Limited (ZEEMEDIA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Zee Media Corporation Limited it is ₹1.28 per share (as of Oct 29, 2026), against a price of ₹7.04. It is the blended result of 22 valuation models (cash flow, earnings, asset, dividend).
Is Zee Media Corporation Limited stock overvalued or undervalued in 2026?
As of Oct 29, 2026, ZEEMEDIA trades above its calculated fair value: price ₹7.04, fair value ₹1.28, a gap of about −82% (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 ZEEMEDIA?
No. The price is what the market pays today (₹7.04); the fair value is what the company's own numbers justify (₹1.28). For Zee Media Corporation Limited the two are ₹5.76 per share apart. That gap is exactly why we show both numbers side by side.
How much is Zee Media Corporation Limited worth?
The market values Zee Media Corporation Limited at about ₹4.5B (market capitalisation, as of Oct 29, 2026). Per share that is ₹7.04; our models calculate a fair value of ₹1.28 per share.
What do the bullish and bearish scenarios say about ZEEMEDIA?
Our models span a range for Zee Media Corporation Limited: cautious scenario ₹0.9600, base ₹1.28, optimistic ₹1.60 per share (as of Oct 29, 2026, price ₹7.04). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of ZEEMEDIA?
Zee Media Corporation Limited trades at a price-to-earnings ratio of 287.3 (as of Oct 29, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹1.28 is built from several models across several years. Other multiples: P/B 2.0, P/S 0.6, EV/EBITDA 4.1.
How solid is the balance sheet of Zee Media Corporation Limited (ZEEMEDIA)?
Balance-sheet figures for Zee Media Corporation Limited (as of Oct 29, 2026): return on equity 0.9%, debt of 0.00 per unit of equity. They feed the Quality Score of 60/100, which measures business quality independently of the share price.
How far is ZEEMEDIA from its 52-week high?
Zee Media Corporation Limited trades at ₹7.04, about 30% below its 52-week high of ₹10.06 and 6% above the low of ₹6.65 (as of Oct 29, 2026). Distance from the high says nothing about value: that is what the fair value of ₹1.28 is for.
Which stocks are comparable to Zee Media Corporation Limited?
From the same area (Communication Services) we also value Nexstar Media Group, Sun TV Network Limited, Jiangsu Broadcasting Cable Information Network Corporation, SES S.A, 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 Zee Media Corporation Limited stock attractive at the current price?
The data as of Oct 29, 2026: price ₹7.04, calculated fair value ₹1.28 (−82%), Quality Score 60/100, from 22 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 ZEEMEDIA calculated?
We run Zee Media Corporation Limited through 22 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 ₹1.28, 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 13.1 % above its aggregate fair value. Zee Media Corporation 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 Zee Media Corporation Limited (ZEEMEDIA)?
The closing price on Oct 29, 2026 was ₹7.04. Our model-based fair value is ₹1.28, about −82% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Zee Media Corporation Limited right now?
The price sits above even our optimistic bull case (₹1.60). 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 (60/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Zee Media Corporation Limited
How large is the market capitalisation of Zee Media Corporation Limited (ZEEMEDIA)?
The market capitalisation of Zee Media Corporation Limited is ₹4.5B (≈ $46.8M). 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 Zee Media Corporation Limited (ZEEMEDIA)?
The price-to-sales ratio of Zee Media Corporation Limited is 0.72 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Zee Media Corporation Limited (ZEEMEDIA)?
Earnings per share at Zee Media Corporation Limited are ₹−0.0200 (price ÷ EPS = P/E 287.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Zee Media Corporation Limited (ZEEMEDIA)?
The net margin of Zee Media Corporation Limited is −0.2% (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 Zee Media Corporation Limited (ZEEMEDIA)?
The return on equity (ROE) of Zee Media Corporation Limited is 0.9% (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 Zee Media Corporation Limited (ZEEMEDIA)?
On an EBIT basis the return on assets of Zee Media Corporation Limited is −2.0% (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.
What is the operating margin of Zee Media Corporation Limited (ZEEMEDIA)?
The operating margin of Zee Media Corporation Limited is −5.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Zee Media Corporation Limited (ZEEMEDIA)?
Revenue at Zee Media Corporation Limited is growing +4.7% versus a year earlier (3y avg +1.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much net debt does Zee Media Corporation Limited (ZEEMEDIA) carry?
The net debt of Zee Media Corporation Limited is ₹737M (fiscal year 2026, ≈ 0.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Oct 29, 2026