DHX/B CN

DHX Media Ltd.

TMT


Presented:10/06/2014
Price:CA$8.48
Cap:$0.82B
Current Price:CA$3.34
Cap:$0.36B

Presented

Date10/06/2014
PriceCA$8.48
Market Cap$0.82B
Ent Value$0.88B
P/E Ratio74.48x
Book ValueCA$1.69
Div Yield0.6%
Shares O/S119.93M
Ave Daily Vol870,000
Short IntN/A

Current

PriceCA$3.34
Market Cap$0.36B
DHX Media Ltd. (DHX) is a Canada-based company engaged in the supply and distribution of television and film productions. The Company is a creator, producer, marketer and broadcaster of family entertainment. DHX Media Ltd. is the owner of Family Channel, a children's television channel in Canada, as well as Disney Junior (English and French) and Disney XD. The Company markets and distributes its library of over 10,000 half-hours of entertainment programming globally, and licenses its owned properties through its dedicated consumer products business. DHX Media Ltd.'s full-service international licensing agency, Copyright Promotions Licensing Group Ltd. (CPLG), represents numerous entertainment, sport and design brands. DHX Media Ltd. has offices in Toronto, Vancouver, Halifax, Los Angeles, London, Paris, Barcelona, Milan, Munich and Amsterdam. The Company brands includes Yo Gabba Gabba!, Caillou, Teletubbies, In the Night Garden, Inspector Gadget, Johnny Test, and Degrassi.

Please note, this idea was updated on 10/27/15 and can be read here: Long - DHX Media Ltd. As well, this idea was updated again on 06/13/16 and can be read here: Long - DHX Media Ltd.

Publicly traded companies mentioned herein: DHX (DHX CA), Netflix (NFLX), Viacom (VIAB), Disney (DIS), and Dreamworks (DWA)

Highlights

DHX is a little-known Canadian children’s media content play that hinges on the popular theme of ongoing content revaluation as a result of growing distribution mechanisms. Although an admittedly crowded theme, the presenter believes kids’ content to be materially undervalued relative to other types of content - a function of a long standing over-the-top environment whereby it was difficult to monetize children’s viewership via advertising due to stringent regulations. But with subscriber-based businesses now resulting in more direct monetization, the presenter believes children’s content is poised to inflect.

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Idea Discussion

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