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Zee Entertainment Enterprises Limited
Buy, Hold or Sell?

Let's analyse Zee together

PenkeI guess you are interested in Zee Entertainment Enterprises Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Zee Entertainment Enterprises Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Zee (30 sec.)










What can you expect buying and holding a share of Zee? (30 sec.)

How much money do you get?

How much money do you get?
INR0.14
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR111.63
Expected worth in 1 year
INR105.85
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR6.23
Return On Investment
4.5%

For what price can you sell your share?

Current Price per Share
INR138.55
Expected price per share
INR0 - INR205.25
How sure are you?
50%

1. Valuation of Zee (5 min.)




Live pricePrice per Share (EOD)

INR138.55

Intrinsic Value Per Share

INR-15.50 - INR15.90

Total Value Per Share

INR96.12 - INR127.52

2. Growth of Zee (5 min.)




Is Zee growing?

Current yearPrevious yearGrowGrow %
How rich?$1.2b$1.3b-$16.8m-1.3%

How much money is Zee making?

Current yearPrevious yearGrowGrow %
Making money$5.7m$115.7m-$110m-1,918.0%
Net Profit Margin0.6%11.8%--

How much money comes from the company's main activities?

3. Financial Health of Zee (5 min.)




4. Comparing to competitors in the Broadcasting industry (5 min.)




  Industry Rankings (Broadcasting)  


Richest
#15 / 73

Most Profit
#18 / 73

What can you expect buying and holding a share of Zee? (5 min.)

Welcome investor! Zee's management wants to use your money to grow the business. In return you get a share of Zee.

What can you expect buying and holding a share of Zee?

First you should know what it really means to hold a share of Zee. And how you can make/lose money.

Speculation

The Price per Share of Zee is INR138.55. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Zee.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Zee, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR111.63. Based on the TTM, the Book Value Change Per Share is INR-1.44 per quarter. Based on the YOY, the Book Value Change Per Share is INR7.84 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR3.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Zee.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.010.0%0.010.0%0.120.1%0.100.1%0.130.1%
Usd Book Value Change Per Share-0.020.0%-0.020.0%0.090.1%0.080.1%0.090.1%
Usd Dividend Per Share0.040.0%0.040.0%0.040.0%0.040.0%0.040.0%
Usd Total Gains Per Share0.020.0%0.020.0%0.130.1%0.120.1%0.130.1%
Usd Price Per Share2.55-2.55-3.46-3.06-4.06-
Price to Earnings Ratio426.60-426.60-28.72-105.93-70.43-
Price-to-Total Gains Ratio136.30-136.30-26.69-44.31-41.67-
Price to Book Ratio1.90-1.90-2.55-2.49-4.48-
Price-to-Total Gains Ratio136.30-136.30-26.69-44.31-41.67-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.6626
Number of shares601
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.040.04
Usd Book Value Change Per Share-0.020.08
Usd Total Gains Per Share0.020.12
Gains per Quarter (601 shares)11.2372.48
Gains per Year (601 shares)44.92289.94
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
187-4235101189280
2173-8380202378570
3260-125125303567860
4346-1661704047561150
5433-2082155059451440
6519-25026060611341730
7606-29130570713232020
8692-33335080815122310
9779-37539590917012600
10865-416440101018902890

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%20.00.00.0100.0%
Book Value Change Per Share0.01.00.00.0%2.01.00.066.7%4.01.00.080.0%9.01.00.090.0%17.03.00.085.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%20.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%18.02.00.090.0%

Fundamentals of Zee

About Zee Entertainment Enterprises Limited

Zee Entertainment Enterprises Limited, together with its subsidiaries, engages in broadcasting satellite television channels. It broadcasts Hindi general entertainment channels, such as Zee TV, Zee TV HD, &tv, &tv HD, Zing, BIG Magic, and Zee Anmol; Hindi movie channels comprising Zee Anmol Cinema, Zee Cinema, Zee Action, Zee Classic, &pictures, and Zee Bollywood, as well as Zee Cinema HD, &xplor HD, and &pictures HD; and regional entertainment channels, including Zee Marathi, Zee Yuva, Zee Bangla, Zee Tamil, Zee Telegu, Zee Kannada, Zee Sarthak, Zee Ganga, Zee Talkies, Zee Bangla Cinema, Zee Bioskop, Zee Marathi HD, Zee Talkies HD, Zee Telugu HD, and Zee Bangla HD. The company also broadcasts Zee Café, Zee Café HD, &privé HD, Zee Studio, &flix, &flix HD, Zeezest, Zeezest HD, Zee TV Canada, Zee TV Caribbean, Zee Magic, Zee World, Zee One, and Zee Bollymovies. In addition, it produces and distributes movies through Zee Studios and Zee Plex; publishes music through Zee Music CO; operates Zee5 OTT platform; act as a space selling agent for other satellite television channels; and sells media content, which include programs/film rights/feeds/music rights. The company was formerly known as Zee Telefilms Limited and changed its name to Zee Entertainment Enterprises Limited in January 2007. Zee Entertainment Enterprises Limited was incorporated in 1982 and is based in Mumbai, India.

Fundamental data was last updated by Penke on 2024-03-12 21:38:06.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is not making a profit/loss.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is less efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Zee Entertainment Enterprises Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Zee earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Zee to the Broadcasting industry mean.
  • A Net Profit Margin of 0.6% means that ₹0.01 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Zee Entertainment Enterprises Limited:

  • The MRQ is 0.6%. The company is not making a profit/loss.
  • The TTM is 0.6%. The company is not making a profit/loss.
Trends
Current periodCompared to+/- 
MRQ0.6%TTM0.6%0.0%
TTM0.6%YOY11.8%-11.2%
TTM0.6%5Y9.8%-9.2%
5Y9.8%10Y16.3%-6.5%
Compared to industry (Broadcasting)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6%1.7%-1.1%
TTM0.6%0.6%0.0%
YOY11.8%7.4%+4.4%
5Y9.8%3.9%+5.9%
10Y16.3%5.1%+11.2%
1.1.2. Return on Assets

Shows how efficient Zee is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Zee to the Broadcasting industry mean.
  • 0.3% Return on Assets means that Zee generated ₹0.00 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Zee Entertainment Enterprises Limited:

  • The MRQ is 0.3%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.3%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.3%TTM0.3%0.0%
TTM0.3%YOY7.3%-6.9%
TTM0.3%5Y6.0%-5.7%
5Y6.0%10Y10.7%-4.7%
Compared to industry (Broadcasting)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3%0.2%+0.1%
TTM0.3%-0.1%+0.4%
YOY7.3%0.8%+6.5%
5Y6.0%0.6%+5.4%
10Y10.7%1.1%+9.6%
1.1.3. Return on Equity

Shows how efficient Zee is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Zee to the Broadcasting industry mean.
  • 0.4% Return on Equity means Zee generated ₹0.00 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Zee Entertainment Enterprises Limited:

  • The MRQ is 0.4%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 0.4%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.4%TTM0.4%0.0%
TTM0.4%YOY8.9%-8.4%
TTM0.4%5Y8.1%-7.6%
5Y8.1%10Y14.6%-6.5%
Compared to industry (Broadcasting)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4%0.5%-0.1%
TTM0.4%0.3%+0.1%
YOY8.9%2.0%+6.9%
5Y8.1%0.7%+7.4%
10Y14.6%1.7%+12.9%

1.2. Operating Efficiency of Zee Entertainment Enterprises Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Zee is operating .

  • Measures how much profit Zee makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Zee to the Broadcasting industry mean.
  • An Operating Margin of 10.7% means the company generated ₹0.11  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Zee Entertainment Enterprises Limited:

  • The MRQ is 10.7%. The company is operating less efficient.
  • The TTM is 10.7%. The company is operating less efficient.
Trends
Current periodCompared to+/- 
MRQ10.7%TTM10.7%0.0%
TTM10.7%YOY19.1%-8.4%
TTM10.7%5Y19.4%-8.6%
5Y19.4%10Y26.7%-7.3%
Compared to industry (Broadcasting)
PeriodCompanyIndustry (mean)+/- 
MRQ10.7%9.6%+1.1%
TTM10.7%4.1%+6.6%
YOY19.1%11.3%+7.8%
5Y19.4%8.7%+10.7%
10Y26.7%9.4%+17.3%
1.2.2. Operating Ratio

Measures how efficient Zee is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Broadcasting industry mean).
  • An Operation Ratio of 0.90 means that the operating costs are ₹0.90 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Zee Entertainment Enterprises Limited:

  • The MRQ is 0.903. The company is less efficient in keeping operating costs low.
  • The TTM is 0.903. The company is less efficient in keeping operating costs low.
Trends
Current periodCompared to+/- 
MRQ0.903TTM0.9030.000
TTM0.903YOY0.811+0.091
TTM0.9035Y0.811+0.091
5Y0.81110Y0.771+0.041
Compared to industry (Broadcasting)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9031.036-0.133
TTM0.9031.034-0.131
YOY0.8111.015-0.204
5Y0.8111.029-0.218
10Y0.7710.949-0.178

1.3. Liquidity of Zee Entertainment Enterprises Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Zee is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Broadcasting industry mean).
  • A Current Ratio of 4.27 means the company has ₹4.27 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Zee Entertainment Enterprises Limited:

  • The MRQ is 4.265. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.265. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.265TTM4.2650.000
TTM4.265YOY5.026-0.761
TTM4.2655Y4.160+0.105
5Y4.16010Y3.957+0.203
Compared to industry (Broadcasting)
PeriodCompanyIndustry (mean)+/- 
MRQ4.2651.506+2.759
TTM4.2651.556+2.709
YOY5.0261.435+3.591
5Y4.1601.476+2.684
10Y3.9571.498+2.459
1.3.2. Quick Ratio

Measures if Zee is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Zee to the Broadcasting industry mean.
  • A Quick Ratio of 1.23 means the company can pay off ₹1.23 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Zee Entertainment Enterprises Limited:

  • The MRQ is 1.225. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.225. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.225TTM1.2250.000
TTM1.225YOY1.608-0.383
TTM1.2255Y1.802-0.577
5Y1.80210Y2.295-0.493
Compared to industry (Broadcasting)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2251.039+0.186
TTM1.2251.002+0.223
YOY1.6081.131+0.477
5Y1.8021.069+0.733
10Y2.2951.047+1.248

1.4. Solvency of Zee Entertainment Enterprises Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Zee assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Zee to Broadcasting industry mean.
  • A Debt to Asset Ratio of 0.22 means that Zee assets are financed with 21.9% credit (debt) and the remaining percentage (100% - 21.9%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Zee Entertainment Enterprises Limited:

  • The MRQ is 0.219. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.219. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.219TTM0.2190.000
TTM0.219YOY0.180+0.039
TTM0.2195Y0.233-0.014
5Y0.23310Y0.245-0.012
Compared to industry (Broadcasting)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2190.550-0.331
TTM0.2190.550-0.331
YOY0.1800.511-0.331
5Y0.2330.512-0.279
10Y0.2450.516-0.271
1.4.2. Debt to Equity Ratio

Measures if Zee is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Zee to the Broadcasting industry mean.
  • A Debt to Equity ratio of 28.0% means that company has ₹0.28 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Zee Entertainment Enterprises Limited:

  • The MRQ is 0.280. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.280. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.280TTM0.2800.000
TTM0.280YOY0.219+0.062
TTM0.2805Y0.308-0.027
5Y0.30810Y0.332-0.024
Compared to industry (Broadcasting)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2801.073-0.793
TTM0.2801.093-0.813
YOY0.2191.112-0.893
5Y0.3081.229-0.921
10Y0.3321.386-1.054

2. Market Valuation of Zee Entertainment Enterprises Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Zee generates.

  • Above 15 is considered overpriced but always compare Zee to the Broadcasting industry mean.
  • A PE ratio of 426.60 means the investor is paying ₹426.60 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Zee Entertainment Enterprises Limited:

  • The EOD is 278.468. Based on the earnings, the company is expensive. -2
  • The MRQ is 426.596. Based on the earnings, the company is expensive. -2
  • The TTM is 426.596. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD278.468MRQ426.596-148.128
MRQ426.596TTM426.5960.000
TTM426.596YOY28.719+397.877
TTM426.5965Y105.926+320.670
5Y105.92610Y70.430+35.495
Compared to industry (Broadcasting)
PeriodCompanyIndustry (mean)+/- 
EOD278.4683.613+274.855
MRQ426.5962.047+424.549
TTM426.5961.050+425.546
YOY28.7196.606+22.113
5Y105.9267.506+98.420
10Y70.43012.570+57.860
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Zee Entertainment Enterprises Limited:

  • The EOD is -96.024. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -147.103. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -147.103. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-96.024MRQ-147.103+51.079
MRQ-147.103TTM-147.1030.000
TTM-147.103YOY632.472-779.575
TTM-147.1035Y76.769-223.872
5Y76.76910Y96.024-19.255
Compared to industry (Broadcasting)
PeriodCompanyIndustry (mean)+/- 
EOD-96.0244.846-100.870
MRQ-147.1034.531-151.634
TTM-147.1032.699-149.802
YOY632.4726.292+626.180
5Y76.7695.397+71.372
10Y96.0242.830+93.194
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Zee is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Broadcasting industry mean).
  • A PB ratio of 1.90 means the investor is paying ₹1.90 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Zee Entertainment Enterprises Limited:

  • The EOD is 1.241. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.901. Based on the equity, the company is underpriced. +1
  • The TTM is 1.901. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.241MRQ1.901-0.660
MRQ1.901TTM1.9010.000
TTM1.901YOY2.550-0.649
TTM1.9015Y2.489-0.587
5Y2.48910Y4.483-1.995
Compared to industry (Broadcasting)
PeriodCompanyIndustry (mean)+/- 
EOD1.2410.810+0.431
MRQ1.9010.771+1.130
TTM1.9010.769+1.132
YOY2.5501.079+1.471
5Y2.4891.153+1.336
10Y4.4831.725+2.758
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Zee Entertainment Enterprises Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---1.443-1.4430%7.838-118%6.551-122%7.087-120%
Book Value Per Share--111.626111.6260%113.069-1%104.075+7%84.070+33%
Current Ratio--4.2654.2650%5.026-15%4.160+3%3.957+8%
Debt To Asset Ratio--0.2190.2190%0.180+22%0.233-6%0.245-11%
Debt To Equity Ratio--0.2800.2800%0.219+28%0.308-9%0.332-15%
Dividend Per Share--3.0003.0000%2.967+1%3.500-14%3.472-14%
Eps--0.4980.4980%10.040-95%8.133-94%10.561-95%
Free Cash Flow Per Share---1.443-1.4430%0.456-416%2.432-159%3.200-145%
Free Cash Flow To Equity Per Share---5.693-5.6930%-6.990+23%-5.257-8%-3.139-45%
Gross Profit Margin---21.079-21.0790%-0.043-100%-4.266-80%-1.926-91%
Intrinsic Value_10Y_max--15.896--------
Intrinsic Value_10Y_min---15.503--------
Intrinsic Value_1Y_max--3.746--------
Intrinsic Value_1Y_min--1.442--------
Intrinsic Value_3Y_max--9.615--------
Intrinsic Value_3Y_min--1.763--------
Intrinsic Value_5Y_max--13.505--------
Intrinsic Value_5Y_min---0.733--------
Market Cap133079904124.800-53%203870152656.000203870152656.0000%277022784723.850-26%244607608880.590-17%325078965463.655-37%
Net Profit Margin--0.0060.0060%0.118-95%0.098-94%0.163-96%
Operating Margin--0.1070.1070%0.191-44%0.194-45%0.267-60%
Operating Ratio--0.9030.9030%0.811+11%0.811+11%0.771+17%
Pb Ratio1.241-53%1.9011.9010%2.550-25%2.489-24%4.483-58%
Pe Ratio278.468-53%426.596426.5960%28.719+1385%105.926+303%70.430+506%
Price Per Share138.550-53%212.250212.2500%288.350-26%254.650-17%338.435-37%
Price To Free Cash Flow Ratio-96.024+35%-147.103-147.1030%632.472-123%76.769-292%96.024-253%
Price To Total Gains Ratio88.975-53%136.304136.3040%26.688+411%44.311+208%41.665+227%
Quick Ratio--1.2251.2250%1.608-24%1.802-32%2.295-47%
Return On Assets--0.0030.0030%0.073-95%0.060-94%0.107-97%
Return On Equity--0.0040.0040%0.089-95%0.081-94%0.146-97%
Total Gains Per Share--1.5571.5570%10.805-86%10.051-85%10.559-85%
Usd Book Value--1286624400.0001286624400.0000%1303524000.000-1%1199646480.000+7%969034440.000+33%
Usd Book Value Change Per Share---0.017-0.0170%0.094-118%0.079-122%0.085-120%
Usd Book Value Per Share--1.3401.3400%1.357-1%1.249+7%1.009+33%
Usd Dividend Per Share--0.0360.0360%0.036+1%0.042-14%0.042-14%
Usd Eps--0.0060.0060%0.120-95%0.098-94%0.127-95%
Usd Free Cash Flow---16630800.000-16630800.0000%5256000.000-416%28029840.000-159%36882120.000-145%
Usd Free Cash Flow Per Share---0.017-0.0170%0.005-416%0.029-159%0.038-145%
Usd Free Cash Flow To Equity Per Share---0.068-0.0680%-0.084+23%-0.063-8%-0.038-45%
Usd Market Cap1596958849.498-53%2446441831.8722446441831.8720%3324273416.686-26%2935291306.567-17%3900947585.564-37%
Usd Price Per Share1.663-53%2.5472.5470%3.460-26%3.056-17%4.061-37%
Usd Profit--5736000.0005736000.0000%115752000.000-95%93746400.000-94%126038400.000-95%
Usd Revenue--970548000.000970548000.0000%982008000.000-1%961560000.000+1%820101600.000+18%
Usd Total Gains Per Share--0.0190.0190%0.130-86%0.121-85%0.127-85%
 EOD+3 -5MRQTTM+0 -0YOY+8 -285Y+11 -2510Y+11 -25

3.2. Fundamental Score

Let's check the fundamental score of Zee Entertainment Enterprises Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15278.468
Price to Book Ratio (EOD)Between0-11.241
Net Profit Margin (MRQ)Greater than00.006
Operating Margin (MRQ)Greater than00.107
Quick Ratio (MRQ)Greater than11.225
Current Ratio (MRQ)Greater than14.265
Debt to Asset Ratio (MRQ)Less than10.219
Debt to Equity Ratio (MRQ)Less than10.280
Return on Equity (MRQ)Greater than0.150.004
Return on Assets (MRQ)Greater than0.050.003
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Zee Entertainment Enterprises Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5033.058
Ma 20Greater thanMa 50148.795
Ma 50Greater thanMa 100172.544
Ma 100Greater thanMa 200218.375
OpenGreater thanClose143.000
Total1/5 (20.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets137,283,500
Total Liabilities30,064,800
Total Stockholder Equity107,218,700
 As reported
Total Liabilities 30,064,800
Total Stockholder Equity+ 107,218,700
Total Assets = 137,283,500

Assets

Total Assets137,283,500
Total Current Assets112,273,300
Long-term Assets25,010,200
Total Current Assets
Cash And Cash Equivalents 7,178,700
Short-term Investments 4,495,300
Net Receivables 16,087,900
Inventory 73,078,900
Other Current Assets 11,432,500
Total Current Assets  (as reported)112,273,300
Total Current Assets  (calculated)112,273,300
+/-0
Long-term Assets
Property Plant Equipment 7,306,400
Goodwill 3,301,600
Intangible Assets 2,680,200
Long-term Assets Other 7,143,700
Long-term Assets  (as reported)25,010,200
Long-term Assets  (calculated)20,431,900
+/- 4,578,300

Liabilities & Shareholders' Equity

Total Current Liabilities26,322,400
Long-term Liabilities3,742,400
Total Stockholder Equity107,218,700
Total Current Liabilities
Short-term Debt 652,900
Short Long Term Debt 18,900
Accounts payable 17,493,900
Other Current Liabilities 3,690,100
Total Current Liabilities  (as reported)26,322,400
Total Current Liabilities  (calculated)21,855,800
+/- 4,466,600
Long-term Liabilities
Long term Debt 40,000
Capital Lease Obligations 2,761,300
Long-term Liabilities  (as reported)3,742,400
Long-term Liabilities  (calculated)2,801,300
+/- 941,100
Total Stockholder Equity
Common Stock960,600
Retained Earnings 79,665,000
Accumulated Other Comprehensive Income 26,253,000
Other Stockholders Equity 340,100
Total Stockholder Equity (as reported)107,218,700
Total Stockholder Equity (calculated)107,218,700
+/-0
Other
Capital Stock960,600
Cash and Short Term Investments 11,674,000
Common Stock Shares Outstanding 955,800
Current Deferred Revenue4,485,500
Liabilities and Stockholders Equity 137,283,500
Net Debt -4,358,500
Net Invested Capital 107,277,600
Net Working Capital 85,950,900
Property Plant and Equipment Gross 7,306,400
Short Long Term Debt Total 2,820,200



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-312006-03-312005-03-312004-03-31
> Total Assets 
32,107,367
34,879,115
30,991,519
35,331,756
39,872,267
46,502,873
47,334,737
38,646,533
43,185,000
50,558,000
60,317,000
70,058,000
78,941,000
100,367,000
111,297,000
129,330,000
123,737,000
128,187,000
132,396,000
137,283,500
137,283,500132,396,000128,187,000123,737,000129,330,000111,297,000100,367,00078,941,00070,058,00060,317,00050,558,00043,185,00038,646,53347,334,73746,502,87339,872,26735,331,75630,991,51934,879,11532,107,367
   > Total Current Assets 
16,241,123
15,492,082
14,859,645
18,087,886
21,508,329
27,026,330
24,389,484
23,025,930
31,600,000
37,061,000
42,116,000
49,802,000
53,870,000
80,941,000
85,900,000
103,339,000
100,973,000
106,509,000
111,445,000
112,273,300
112,273,300111,445,000106,509,000100,973,000103,339,00085,900,00080,941,00053,870,00049,802,00042,116,00037,061,00031,600,00023,025,93024,389,48427,026,33021,508,32918,087,88614,859,64515,492,08216,241,123
       Cash And Cash Equivalents 
1,125,749
1,570,684
1,285,643
954,752
1,652,024
1,926,334
5,864,478
3,857,556
3,283,000
4,059,000
4,457,000
7,387,000
9,726,000
26,116,000
16,094,000
12,182,000
7,302,000
10,485,000
11,987,000
7,178,700
7,178,70011,987,00010,485,0007,302,00012,182,00016,094,00026,116,0009,726,0007,387,0004,457,0004,059,0003,283,0003,857,5565,864,4781,926,3341,652,024954,7521,285,6431,570,6841,125,749
       Short-term Investments 
0
0
0
0
0
0
0
0
12,213,000
7,322,000
5,349,000
8,294,000
7,391,000
11,868,000
13,696,000
8,576,000
2,770,000
7,667,000
242,000
4,495,300
4,495,300242,0007,667,0002,770,0008,576,00013,696,00011,868,0007,391,0008,294,0005,349,0007,322,00012,213,00000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
0
14,613,000
12,224,000
14,709,000
15,507,000
18,935,000
43,362,000
35,461,000
23,292,400
23,181,800
16,087,900
16,087,90023,181,80023,292,40035,461,00043,362,00018,935,00015,507,00014,709,00012,224,00014,613,0000000000000
       Inventory 
128,660
90,956
128,496
24,003
31,931
43,931
4,712,608
5,395,810
7,339,000
8,745,000
11,736,000
11,878,000
13,160,000
16,843,000
26,278,000
38,505,000
53,475,000
54,030,000
63,862,000
73,078,900
73,078,90063,862,00054,030,00053,475,00038,505,00026,278,00016,843,00013,160,00011,878,00011,736,0008,745,0007,339,0005,395,8104,712,60843,93131,93124,003128,49690,956128,660
       Other Current Assets 
14,986,714
13,830,442
13,445,506
17,109,131
19,824,374
25,056,065
13,812,398
13,772,564
8,765,000
16,935,000
20,574,000
22,243,000
23,593,000
26,114,000
29,832,000
714,000
1,965,000
11,034,600
12,172,200
11,432,500
11,432,50012,172,20011,034,6001,965,000714,00029,832,00026,114,00023,593,00022,243,00020,574,00016,935,0008,765,00013,772,56413,812,39825,056,06519,824,37417,109,13113,445,50613,830,44214,986,714
   > Long-term Assets 
15,866,244
19,387,033
16,131,874
17,243,870
18,363,938
19,476,543
22,945,253
15,620,603
11,585,000
13,497,000
18,201,000
20,256,000
25,071,000
19,426,000
25,397,000
26,582,000
22,764,000
21,677,000
20,951,000
25,010,200
25,010,20020,951,00021,677,00022,764,00026,582,00025,397,00019,426,00025,071,00020,256,00018,201,00013,497,00011,585,00015,620,60322,945,25319,476,54318,363,93817,243,87016,131,87419,387,03315,866,244
       Property Plant Equipment 
15,462,589
15,373,166
12,948,132
14,841,050
15,605,368
2,853,051
2,637,662
2,319,506
2,365,000
2,786,000
4,022,000
4,091,000
5,590,000
6,301,000
6,785,000
7,042,000
7,131,000
5,938,000
5,872,000
7,306,400
7,306,4005,872,0005,938,0007,131,0007,042,0006,785,0006,301,0005,590,0004,091,0004,022,0002,786,0002,365,0002,319,5062,637,6622,853,05115,605,36814,841,05012,948,13215,373,16615,462,589
       Goodwill 
0
0
0
0
0
0
0
0
0
7,127,000
7,625,000
7,887,000
9,150,000
2,676,000
5,467,000
5,252,000
4,070,000
3,804,000
3,450,000
3,301,600
3,301,6003,450,0003,804,0004,070,0005,252,0005,467,0002,676,0009,150,0007,887,0007,625,0007,127,000000000000
       Long Term Investments 
0
0
0
0
0
0
0
0
0
0
2,370,000
893,000
2,909,000
1,565,000
1,593,000
1,189,000
0
0
0
0
00001,189,0001,593,0001,565,0002,909,000893,0002,370,0000000000000
       Intangible Assets 
0
0
0
0
0
15,239,467
16,949,745
6,144,222
7,035,000
62,000
83,000
276,000
220,000
744,000
1,873,000
1,861,000
1,981,000
2,403,000
2,718,000
2,680,200
2,680,2002,718,0002,403,0001,981,0001,861,0001,873,000744,000220,000276,00083,00062,0007,035,0006,144,22216,949,74515,239,46700000
       Long-term Assets Other 
403,655
3,794,697
3,035,807
2,327,431
2,515,513
1,271,197
3,225,197
6,964,641
12,529,000
9,905,000
8,581,000
14,301,000
13,898,000
19,107,000
23,375,000
591,000
6,362,000
6,065,000
5,422,000
7,143,700
7,143,7005,422,0006,065,0006,362,000591,00023,375,00019,107,00013,898,00014,301,0008,581,0009,905,00012,529,0006,964,6413,225,1971,271,1972,515,5132,327,4313,035,8073,794,697403,655
> Total Liabilities 
8,669,470
9,945,835
9,247,198
8,332,142
10,144,300
11,560,219
9,034,883
7,698,881
8,831,000
11,410,000
12,879,000
14,556,000
16,541,000
33,790,000
35,538,000
39,948,000
30,188,000
27,111,000
23,769,000
30,064,800
30,064,80023,769,00027,111,00030,188,00039,948,00035,538,00033,790,00016,541,00014,556,00012,879,00011,410,0008,831,0007,698,8819,034,88311,560,21910,144,3008,332,1429,247,1989,945,8358,669,470
   > Total Current Liabilities 
3,936,922
4,641,535
4,345,724
5,106,389
6,278,679
5,803,318
7,840,165
7,800,672
8,591,000
10,914,000
12,203,000
13,776,000
15,678,000
17,750,000
23,194,000
31,169,000
25,282,000
25,371,000
22,172,000
26,322,400
26,322,40022,172,00025,371,00025,282,00031,169,00023,194,00017,750,00015,678,00013,776,00012,203,00010,914,0008,591,0007,800,6727,840,1655,803,3186,278,6795,106,3894,345,7244,641,5353,936,922
       Short-term Debt 
0
0
0
0
0
0
0
0
0
11,000
12,000
10,000
10,000
3,815,000
21,000
165,000
404,000
205,000
207,000
652,900
652,900207,000205,000404,000165,00021,0003,815,00010,00010,00012,00011,000000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
29,000
10,000
10,000
3,815,000
3,823,000
3,869,000
3,038,000
11,000
14,000
18,900
18,90014,00011,0003,038,0003,869,0003,823,0003,815,00010,00010,00029,0000000000000
       Accounts payable 
739,877
745,368
951,260
694,942
949,729
1,281,661
1,441,808
4,623,483
5,845,000
5,172,000
5,050,000
4,204,000
5,194,000
4,891,000
11,497,000
14,897,000
16,803,000
13,982,000
13,719,000
17,493,900
17,493,90013,719,00013,982,00016,803,00014,897,00011,497,0004,891,0005,194,0004,204,0005,050,0005,172,0005,845,0004,623,4831,441,8081,281,661949,729694,942951,260745,368739,877
       Other Current Liabilities 
3,197,045
3,896,167
3,394,464
4,411,447
5,328,950
4,521,657
6,398,357
3,177,189
2,746,000
5,731,000
7,141,000
9,562,000
10,474,000
7,262,000
9,877,000
14,027,000
2,975,000
2,811,300
3,221,000
3,690,100
3,690,1003,221,0002,811,3002,975,00014,027,0009,877,0007,262,00010,474,0009,562,0007,141,0005,731,0002,746,0003,177,1896,398,3574,521,6575,328,9504,411,4473,394,4643,896,1673,197,045
   > Long-term Liabilities 
4,732,548
5,304,300
4,901,474
3,225,753
3,865,621
5,756,901
1,194,718
-101,791
240,000
496,000
676,000
780,000
863,000
16,040,000
12,344,000
8,779,000
4,906,000
1,740,000
1,597,000
3,742,400
3,742,4001,597,0001,740,0004,906,0008,779,00012,344,00016,040,000863,000780,000676,000496,000240,000-101,7911,194,7185,756,9013,865,6213,225,7534,901,4745,304,3004,732,548
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
16,569,000
17,149,000
18,208,000
11,452,000
7,429,000
3,490,000
195,000
555,800
0
0555,800195,0003,490,0007,429,00011,452,00018,208,00017,149,00016,569,00000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
659,000
768,000
838,000
768,000
892,000
1,350,000
1,405,000
1,546,000
1,040,000
0
01,040,0001,546,0001,405,0001,350,000892,000768,000838,000768,000659,0000000000000
> Total Stockholder Equity
22,186,771
24,535,949
21,286,173
26,181,019
28,610,819
33,994,995
38,299,854
30,947,652
34,354,000
39,115,000
47,377,000
55,498,000
62,315,000
66,567,000
75,617,000
89,239,000
93,439,000
100,947,000
108,627,000
107,218,700
107,218,700108,627,000100,947,00093,439,00089,239,00075,617,00066,567,00062,315,00055,498,00047,377,00039,115,00034,354,00030,947,65238,299,85433,994,99528,610,81926,181,01921,286,17324,535,94922,186,771
   Common Stock
412,438
412,438
412,549
433,567
433,567
434,007
489,038
978,076
959,000
954,000
21,130,000
960,000
960,000
960,000
960,000
960,000
960,000
961,000
961,000
960,600
960,600961,000961,000960,000960,000960,000960,000960,000960,00021,130,000954,000959,000978,076489,038434,007433,567433,567412,549412,438412,438
   Retained Earnings Total Equity00000000000000000000
   Accumulated Other Comprehensive Income 
-1,272,098
-1,380,400
-794,746
-1,080,533
-1,238,984
-1,508,466
-582,909
-1,582,416
-1,856,000
-2,200,000
-2,588,000
-2,640,000
-3,266,000
-3,629,000
-4,619,000
-5,957,000
-7,210,000
21,019,000
25,143,000
26,253,000
26,253,00025,143,00021,019,000-7,210,000-5,957,000-4,619,000-3,629,000-3,266,000-2,640,000-2,588,000-2,200,000-1,856,000-1,582,416-582,909-1,508,466-1,238,984-1,080,533-794,746-1,380,400-1,272,098
   Capital Surplus 00000000000000000000
   Treasury Stock00000000000000000000
   Other Stockholders Equity 
23,046,431
25,503,911
21,668,370
26,827,985
29,416,236
35,069,454
38,393,725
31,551,992
11,466,000
40,361,000
28,835,000
36,986,000
44,451,000
6,335,000
11,273,000
18,335,000
-79,070,000
-25,000
316,000
340,100
340,100316,000-25,000-79,070,00018,335,00011,273,0006,335,00044,451,00036,986,00028,835,00040,361,00011,466,00031,551,99238,393,72535,069,45429,416,23626,827,98521,668,37025,503,91123,046,431



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue80,879,000
Cost of Revenue-44,686,000
Gross Profit36,193,00036,193,000
 
Operating Income (+$)
Gross Profit36,193,000
Operating Expense-28,309,200
Operating Income7,883,8007,883,800
 
Operating Expense (+$)
Research Development0
Selling General Administrative10,553,600
Selling And Marketing Expenses10,553,600
Operating Expense28,309,20021,107,200
 
Net Interest Income (+$)
Interest Income645,500
Interest Expense-702,400
Other Finance Cost-645,500
Net Interest Income-702,400
 
Pretax Income (+$)
Operating Income7,883,800
Net Interest Income-702,400
Other Non-Operating Income Expenses0
Income Before Tax (EBT)4,680,70011,086,900
EBIT - interestExpense = 7,977,600
2,644,900
1,180,400
Interest Expense702,400
Earnings Before Interest and Taxes (EBIT)8,680,0005,383,100
Earnings Before Interest and Taxes (EBITDA)12,093,300
 
After tax Income (+$)
Income Before Tax4,680,700
Tax Provision-2,166,900
Net Income From Continuing Ops2,513,8002,513,800
Net Income478,000
Net Income Applicable To Common Shares477,900
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items-2,035,900
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses72,995,200
Total Other Income/Expenses Net-3,203,100702,400
 

Technical Analysis of Zee
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Zee. The general trend of Zee is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Zee's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Zee Entertainment Enterprises Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 152.50 < 164.40 < 205.25.

The bearish price targets are: .

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Zee Entertainment Enterprises Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Zee Entertainment Enterprises Limited. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Zee Entertainment Enterprises Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Zee Entertainment Enterprises Limited. The current macd is -10.95035432.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Zee price going up in the near term. +2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Zee. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Zee price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Zee Entertainment Enterprises Limited Daily Moving Average Convergence/Divergence (MACD) ChartZee Entertainment Enterprises Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Zee Entertainment Enterprises Limited. The current adx is 24.78.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Zee shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Zee Entertainment Enterprises Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Zee Entertainment Enterprises Limited. The current sar is 145.60.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Zee Entertainment Enterprises Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Zee Entertainment Enterprises Limited. The current rsi is 33.06. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending down: The RSI is trending down. -1
Zee Entertainment Enterprises Limited Daily Relative Strength Index (RSI) ChartZee Entertainment Enterprises Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Zee Entertainment Enterprises Limited. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -6/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Zee price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Zee Entertainment Enterprises Limited Daily Stochastic Oscillator ChartZee Entertainment Enterprises Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Zee Entertainment Enterprises Limited. The current cci is -85.12068646.

Zee Entertainment Enterprises Limited Daily Commodity Channel Index (CCI) ChartZee Entertainment Enterprises Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Zee Entertainment Enterprises Limited. The current cmo is -37.94556188.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Zee Entertainment Enterprises Limited Daily Chande Momentum Oscillator (CMO) ChartZee Entertainment Enterprises Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Zee Entertainment Enterprises Limited. The current willr is -97.91666667.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Zee Entertainment Enterprises Limited Daily Williams %R ChartZee Entertainment Enterprises Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Zee Entertainment Enterprises Limited.

Zee Entertainment Enterprises Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Zee Entertainment Enterprises Limited. The current atr is 8.39751849.

Zee Entertainment Enterprises Limited Daily Average True Range (ATR) ChartZee Entertainment Enterprises Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Zee Entertainment Enterprises Limited. The current obv is 72,923,572.

Zee Entertainment Enterprises Limited Daily On-Balance Volume (OBV) ChartZee Entertainment Enterprises Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Zee Entertainment Enterprises Limited. The current mfi is 40.84.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Zee Entertainment Enterprises Limited Daily Money Flow Index (MFI) ChartZee Entertainment Enterprises Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Zee Entertainment Enterprises Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-16WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-23STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-05CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-07CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-18STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-19STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-02CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-04CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-05STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-11CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-12WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-23BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-31MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-05RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-12CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-15DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-02-20DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-21DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12STOCH SHORT EXITThe %K line crosses above the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-22MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-28SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.

6.3. Candlestick Patterns

Zee Entertainment Enterprises Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Zee Entertainment Enterprises Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5033.058
Ma 20Greater thanMa 50148.795
Ma 50Greater thanMa 100172.544
Ma 100Greater thanMa 200218.375
OpenGreater thanClose143.000
Total1/5 (20.0%)
Penke

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