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Prime Focus Limited (PFOCUS) Fair Value & Analysis

Communication Services · IN · Market cap ₹189B (≈ $2.0B) · ISIN INE367G01038

What is Prime Focus Limited really worth?

PF Prime Focus Limited PFOCUS · NSE
Price₹307.00
Fair Value₹53.93
Upside−82.4%
Quality37/100

Below-average quality, and trading another 469% above our fair value of ₹53.93.

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Strengths

Low debt · generates free cash flow

Risks

!Mixed Growth (revenue 5y +12.6 %/yr)
!Thin margins · 4.7% net margin
!Mixed vs. peers (6/13)
!Moderate moat 49/100
!Evidence only medium, so the estimate is less certain
Evidence: Medium Range ₹39.51 – ₹86.62

Fair value as of: Aug 28, 2026

From 24 valuation models · updated 8 days ago

Share price +2.4% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (₹86.62). The favourable scenario is already priced in.
  • Weak quality (37/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (₹39.51 to ₹86.62) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

₹349.50 ₹50.30 Fair Value ₹53.93 May 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 28, 2026.

How to read this chart

60‑month range ₹50.30 – ₹349.50 · fair‑value band ₹39.51 – ₹86.62 · the ₹307.00 price screens above the ₹53.93 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Aug 28, 2026.

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Analysis

Prime Focus Limited (PFOCUS) currently trades at ₹307.00, while our model-based Fair Value estimate is ₹53.93, implying the stock looks roughly 469.2% overvalued today. The Quality Score stands at 37/100 (below-average quality), in the Communication Services sector. Bull case: the DCF Models group reads highest at a median of ₹160.09 per share, and 0 of the 24 models we run sit above the ₹307.00 price. Bear case: the Asset-Based group reads lowest at ₹18.02, and 24 of the 24 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Prime Focus Limited generated revenue of ₹46.8B at a net margin of 4.7%. Revenue grew 46.0% year over year. It earns a return on equity of 13.1%. Net debt stands at ₹50.3B. Fundamentals as of Aug 28, 2026

Our scenario range runs from ₹39.51 (bear case) to ₹86.62 (bull case); at ₹307.00, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 16% below its 52-week high and 125% above its 52-week low, currently above its 200-day average. For context, the median of 10 Communication Services peers we cover trades at −51% fair-value upside, at −82%, PFOCUS screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2026 figures, and about 5 months have passed since. In that time the company retained roughly ₹1.69 per share, which is 3.1 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF ₹91.60 ₹165.10 ₹296.76 77
Growth DCF ₹90.50 ₹156.67 ₹271.18 76
EPV ₹91.98 ₹106.07 ₹118.40 74
All 24 models by family
DCF Models
FCF DCF ₹91.60 ₹165.10 ₹296.76 77
Owner Earnings ₹66.33 ₹117.77 ₹209.89 73
5Y Revenue Exit ₹95.24 ₹168.45 ₹269.88 71
5Y EBITDA Exit ₹139.13 ₹260.90 ₹417.75 73
5Y P/E Exit ₹63.56 ₹101.73 ₹145.35 70
10Y Revenue Exit ₹90.23 ₹160.09 ₹271.28 65
10Y EBITDA Exit ₹122.75 ₹228.67 ₹397.69 66
10Y P/E Exit ₹72.19 ₹110.59 ₹164.83 63
Earnings-Based
Graham-Dodd ₹19.16 ₹95.53 ₹131.81 64
Lynch FV ₹25.81 ₹36.88 ₹47.94 61
PEG = 1.0 ₹25.81 ₹36.88 ₹47.94 57
EPV ₹91.98 ₹106.07 ₹118.40 74
Multiples
P/E Multiple ₹46.48 ₹61.98 ₹77.47 63
P/S Multiple ₹35.92 ₹47.89 ₹59.87 58
P/B Multiple ₹35.92 ₹47.89 ₹59.87 55
EV/EBIT ₹125.79 ₹165.24 ₹204.69 66
EV/EBITDA ₹172.42 ₹227.41 ₹282.40 67
EV/Revenue ₹97.19 ₹135.66 ₹174.12 54
Asset-Based
NCAV (Graham) ₹13.45 ₹18.02 ₹26.90 54
Growth DCF
Growth DCF ₹90.50 ₹156.67 ₹271.18 76
Rev-Margin DCF ₹95.24 ₹165.93 ₹259.37 71
Economic Profit
Residual Income ₹23.82 ₹26.86 ₹52.20 73
ROIC Compounder ₹101.13 ₹128.21 ₹160.39 72
Growth Earnings
Growth-Adj P/E ₹40.48 ₹57.83 ₹75.18 67

Widest divergence: DCF Models (₹160.09) versus Asset-Based (₹18.02). Highest evidence: FCF DCF (77).

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Key figures & financial health

P/E ratio 78.3
P/S ratio 3.73 P/E × margin
EPS (TTM) ₹3.92 price ÷ EPS = P/E 78.3
Net margin 4.8% FY2026
Return on equity 13.1% TTM
Return on assets (EBIT) 4.3% avg 5y
More key figures
Profitability
Operating margin 19.6% TTM
Growth
Revenue (TTM) ₹46.8B TTM
Revenue growth (YoY) +46.0% 3y avg −0.3%
EPS growth (YoY) −93.8%
Balance sheet & cash flow
Free cash flow ₹4.9B FY2026
Net debt ₹50.3B FY2026 · ≈ 10.2 yrs of FCF

Figures from reported company fundamentals · as of Aug 28, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 37/100

Of which business quality 38 · Market factors (momentum, volatility) 75

Profitability 40
Margins and returns on capital today
Quality Growth 79
Are margins and returns improving?
Cashflow 63
Earnings quality: real cash, not paper profit
Fin. Strength 16
Balance sheet, leverage, solvency risk
Investment 22
Disciplined investing over empire-building
Low Volatility 58
Calm price path (market factor)
Momentum 80
Price trend over the last 3–12 months (market factor)
52W Momentum 87
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Prime Focus Limited, together with its subsidiaries, provides integrated media services primarily in India, the United Kingdom, the United States, Canada, Australia, and internationally. The company engages in the motion picture, video, and television programme production activities; and business support activities.

Full company description

Prime Focus Limited, together with its subsidiaries, provides integrated media services primarily in India, the United Kingdom, the United States, Canada, Australia, and internationally. The company engages in the motion picture, video, and television programme production activities; and business support activities. It also offers creative services, including visual effects, advertising, stereo 2D to 3D conversion, and feature and TV animation; equipment rental services; and post-production services, such as digital intermediate/color grading, audio, and picture post services in the media and entertainment industry. In addition, the company is involved in film investment activities; and provision of digital asset management, music production, content restoration, technology and software, technical, and visual special effects services; as well as operates a training institute. Further, it engages in leasing and renting of real estate properties and allied services. The company offers its services to Hollywood studios, Over-The-Top providers, broadcasters, advertisers, and production houses. The company was incorporated in 1997 and is based in Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Prime Focus Limited reported revenue of ₹45.9B in FY2026 versus ₹33.7B in FY2022, a compound +8.0%/yr. Reported net income was ₹2.2B in FY2026.

Growth Quality 92/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹45.9B
Latest YoY
+29.7%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−0.3%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.6%
Avg. revenue growth/yr (16Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+15.6%
Value creation/yr (3Y, in INR) Earnings growth per share (CAGR 3 years) plus dividend yield: value created per share and year. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−6.7% (−6.7 + 0.0)
Revenue +8.0%/yr
FY22 ₹33.7B
FY23 ₹46.3B
FY24 ₹39.3B
FY25 ₹35.4B
FY26 ₹45.9B
Net income
FY22 −₹1.7B
FY23 ₹1.5B
FY24 −₹4.0B
FY25 −₹3.8B
FY26 ₹2.2B

PFOCUS screens 469% overvalued. Compare with Netflix, Inc →

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Cite: Fair Value Calculator (2026). "Prime Focus Limited Fair Value". https://www.fairvalue-calculator.com/stock/PFOCUS

Peer Group

Entertainment · 253 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 37 · Bottom 25%
Fair Value upside −82% · Bottom 25%
Return on equity (TTM) 13% · Top 25%
Return on assets 5% · Top 25%
Net margin (TTM) 5% · Above median
Operating margin (TTM) 20% · Top 25%
Revenue growth 46% · Top 25%
Debt / equity 0.05× · Higher than median

Valuation Multiples vs Entertainment median · lower = cheaper

P/E (TTM) 78.3× · Pricier than 75% of peers
P/B 9.04× · Pricier than 75% of peers
P/S (TTM) 4.04× · Pricier than 75% of peers
P/FCF 0.4× · Cheaper than median
EV/EBITDA 12.9× · Pricier than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 7
FUTURE100 · sector 15
PAST53 · sector 0
HEALTH97 · sector 98
DIVIDEND0 · sector 41

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Entertainment stocks, each showing price versus our Fair Value estimate (as of Aug 28, 2026).

Stock Price Fair Value vs Fair Value
Netflix, Inc NFLX $81.72 $49.35 −40%
The Walt Disney Company DIS $103.50 $80.62 −22%
Warner Bros. Discovery, Inc WBD $27.65 $9.03 −67%
Live Nation Entertainment, Inc LYV $182.02 $59.97 −67%
Universal Music Group UMG €14.73 €14.78 +0%
TKO Group TKO $189.42 $47.75 −75%
Formula One Group FWONK $102.02 $35.21 −65%
Fox Corporation FOXA $68.42 $206.81 +202%
News Corporation NWS A$46.55 A$20.41 −56%
Warner Music Group WMG $24.79 $12.10 −51%

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Frequently asked questions

Is Prime Focus Limited (PFOCUS) overvalued or undervalued?
As of Aug 28, 2026, our model estimates a fair value of ₹53.93 versus a price of ₹307.00, about −82% upside (overvalued).
What is the fair value of PFOCUS?
Our model-based fair value for Prime Focus Limited is ₹53.93 (as of Aug 28, 2026), built from audited fundamentals. The current price: ₹307.00.
What is the quality score of PFOCUS?
Prime Focus Limited has a Quality Score of 37/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Prime Focus Limited (PFOCUS)?
Prime Focus Limited reported trailing-twelve-month revenue of about ₹46.8B (latest available figure, as of Aug 28, 2026).
What is the net profit margin of PFOCUS?
The net profit margin of Prime Focus Limited is about 4.7%, meaning it keeps roughly 4.7% of revenue as net income. Based on the latest reported figures.
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