Hathway Cable & Datacom Experiences Valuation Grade Change Amid Industry Pressures

Hathway Cable & Datacom, a small-cap player in the Media & Entertainment sector, has recently undergone a valuation adjustment. The company's current price stands at 15.53, slightly up from the previous close of 15.36. Over the past year, Hathway has faced challenges, with a stock return of -24.87%, contrasting with the Sensex's gain of 8.17% during the same period.
Key financial metrics reveal a PE ratio of 29.34 and an EV to EBITDA ratio of 1.78. The company's return on capital employed (ROCE) is notably low at 0.21%, while the return on equity (ROE) is at 2.14%. These figures indicate a challenging financial landscape for Hathway, especially when compared to its peers. For instance, Den Networks shows a more attractive valuation with a PE ratio of 8.51, while Dish TV India is categorized as risky due to its loss-making status.

Overall, the evaluation revision reflects the ongoing pressures within the industry and highlights the need for Hathway to navigate its financial hurdles effectively.