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TVA Group Inc T.TVA.B

Alternate Symbol(s):  TVAGF

TVA Group Inc. is a Canada-based communications company. The Company operates through four segments: Broadcasting, Film Production & Audiovisual Services, Magazines and Production & Distribution. The Broadcasting segment, which includes the operations of TVA Network, specialty services, the marketing of digital products associated with the various televisual brands, and commercial production and custom publishing services. The Film Production & Audiovisual Services segment provides soundstage, mobile and production equipment rental services, as well as dubbing and described video, postproduction and virtual production services. The Magazines segment publishes magazines in various fields including the arts, entertainment, television, fashion and decorating, and markets digital products associated with various magazine brands. The Production & Distribution segment is engaged in producing and distributing television shows, movies and television series for the world market.


TSX:TVA.B - Post by User

Post by Torontojayon Jun 25, 2022 9:24am
236 Views
Post# 34782163

Tangible book value

Tangible book value

I've calculated a tangible book value of $303,049k which compares to a market cap of $110,823k or a price to tangible book value of 0.365. To put another way, if the company were to sell its assets and pay off its debts at the book value then shareholders would receive 2.74 times the current share price or $7.80. 


Many times when a company has a low price to book value they are not profitable or struggling to turn a profit. Tva group has shown strong resilience over the years with consistent profit growth and strong cash generation. They have relatively low levels of debt which can be paid off in under 1 year. 

Keep holding because one day, and you don't know when it will be, we will wake up to see the share price significantly higher than today. Maybe it gets taken out privately by Quebecor or investors become aware of the story and recognize the value in this name. 


 

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