Next Mediaworks (NEXTMEDIA)

Score breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 0/2 · Dividend: 0/1

Key Financials

Strengths

• Promoter holding is high at 74.99%, giving controlling shareholders a large stake in any turnaround outcome.
• Current price of ₹4.44 is nearer the 52-week low of ₹3.42 than the high of ₹8.48, so pessimism may already be priced in.
• Small market cap of ₹38 Cr means any meaningful asset infusion or restructuring could move the stock significantly.
• Latest quarterly net loss is only ₹1 Cr, suggesting limited near-term cash burn relative to the market cap.

Concerns

• Book value is negative at ₹-3.74 per share, meaning liabilities exceed assets and there is no liquidation cushion.
• Latest quarter has zero sales and a net loss, so there is no active revenue engine to value.
• Piotroski F-Score of 2/9 indicates very poor financial health across profitability, leverage, and efficiency metrics.
• ROE at -13.55%, ROCE at -9.35%, and negative profit growth show continued capital destruction.

AI Analysis

Common stock of Next Mediaworks looks nothing like a business Graham and I would buy. My first screens ask for positive equity, predictable earnings, and a margin of safety. Here, book value is negative ₹3.74 per share. That means the balance sheet has been depleted; there are no net assets behind the ₹4.44 price. The latest quarter reports zero sales and a net loss of ₹1 Cr. Without revenue, no P/E or growth calculation can be trusted. The reported P/E of 0.00 and Debt/Equity N/A are not anomalies; they are accounting red flags. ROE at -13.55% and ROCE at -9.35% show capital destruction, and the Piotroski F-Score of 2/9 confirms a very weak financial position. Profit growth is also negative at -6.19%, so the trend is not improving. Promoter holding of 74.99% is a positive, but only if promoters use control to fix the business; so far the numbers show continued losses. At ₹38 Cr market cap, the share is near the low end of its 52-week range, but a low price is not the same as intrinsic value. I would need a clear plan to bring in positive sales, restructure liabilities, and rebuild book value before I could even begin a serious valuation. Until then, this is a speculative situation, not an investment. I prefer a simple profitable business with dividends and positive equity to a company that burns capital and leaves shareholders with negative net worth. Next Mediaworks fails every standard I apply. It is a possible turnaround only if management proves it can restart the engine; the figures today offer me no such proof.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer