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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
New Delhi TelevisionNSE:NDTV -0.30%51 WACC % is 14.19% as of Jul. 15, 2026, which is 43% above its 10-year median of 9.90. GuruFocus rates NSE:NDTV with a GF Score™ of 51/100 and a GF Value™ of ₹160.53 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,039 Media - Diversified companies, New Delhi Television ranks worse than 89.22% on this metric.
As of today (2026-07-15), New Delhi Television's weighted average cost of capital is 14.19%%. New Delhi Television's ROIC % is -51.69% (calculated using TTM income statement data).
New Delhi Television earns returns that do not match up to its cost of capital. It will destroy value as it grows.
For a comprehensive WACC calculation, please access the WACC Calculator.
New Delhi Television (NSE:NDTV) WACC % Explanation
Because it costs money to raise capital. A firm that generates higher ROIC % than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, New Delhi Television's weighted average cost of capital is 14.19%%. New Delhi Television's ROIC % is -51.69% (calculated using TTM income statement data).
New Delhi Television earns returns that do not match up to its cost of capital. It will destroy value as it grows.
Be Aware
1. GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together.
For companies that report quarterly, GuruFocus combines all of the most recent year's quarterly debt data from the beginning of the year to the year-end and calculates the average.
For companies that report semi-annually, GuruFocus combines all of the most recent year's semi-annual debt data from the start of the year to the year-end and calculates the average.
For companies that report annually, GuruFocus combines the beginning and ending annual debt data from the most recent year and then calculates the average.
2. The WACC formula discussed above does not include Preferred Stock. Please adjust if preferred stock is considered.
3. (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
4. GuruFocus uses the latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Broadcasting subindustry, New Delhi Television's WACC %, along with its competitors' market caps and WACC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
New Delhi Television WACC % vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, New Delhi Television's WACC % distribution charts can be found below:
* The bar in red indicates where New Delhi Television's WACC % falls into.
The weighted average cost of capital (WACC) is the rate that a company is expected to pay on average to all its security holders to finance its assets. The WACC is commonly referred to as the firm's cost of capital. Generally speaking, a company's assets are financed by debt and equity. WACC is the average of the costs of these sources of financing, each of which is weighted by its respective use in the given situation. By taking a weighted average, we can see how much interest the company has to pay for every dollar it finances.
WACC
=
E
/
(E + D)
*
Cost of Equity
+
D
/
(E + D)
*
Cost of Debt
*
(1 - Tax Rate)
1. Weights:
Generally speaking, a company's assets are financed by debt and equity. We need to calculate the weight of equity and the weight of debt.
The market value of equity (E) is also called "Market Cap". As of today, New Delhi Television's market capitalization (E) is ₹9249.370 Mil.
The market value of debt is typically difficult to calculate, therefore, GuruFocus uses book value of debt (D) to do the calculation. It is simplified by adding the latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together. As of Mar. 2026, New Delhi Television's latest one-year quarterly average Book Value of Debt (D) is ₹3533.0333 Mil.
a) weight of equity = E / (E + D) = 9249.370 / (9249.370 + 3533.0333) = 0.7236
b) weight of debt = D / (E + D) = 3533.0333 / (9249.370 + 3533.0333) = 0.2764
2. Cost of Equity:
GuruFocus uses Capital Asset Pricing Model (CAPM) to calculate the required rate of return. The formula is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)
a) GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate. It is updated daily. The current risk-free rate is 7.02%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default.
b) Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. New Delhi Television's beta is 1.5715.
c) (Expected Return of the Market - Risk-Free Rate of Return) is also called market premium. GuruFocus requires market premium to be 6%.
Cost of Equity = 7.02% + 1.5715 * 6% = 16.449%
3. Cost of Debt:
GuruFocus uses latest TTM Interest Expense divided by the latest one-year quarterly average debt to get the simplified cost of debt.
As of Mar. 2026, New Delhi Television's interest expense (positive number) was ₹292.01 Mil. Its total Book Value of Debt (D) is ₹3533.0333 Mil.
Cost of Debt = 292.01 / 3533.0333 = 8.2651%.
4. Multiply by one minus TTM Tax Rate:
GuruFocus uses the most recent TTM Tax Expense divided by the most recent TTM Pre-Tax Income to calculate the tax rate. The calculated TTM tax rate is limited to between 0% and 100%. If the calculated tax rate is higher than 100%, it is set to 100%. If the calculated tax rate is less than 0%, it is set to 0%.
The latest calculated TTM Tax Rate = 24.55 / -3206.87 = -0.77%, which is less than 0%. Therefore it's set to 0%.
New Delhi Television's Weighted Average Cost Of Capital (WACC) for Today is calculated as:
WACC
=
E / (E + D)
*
Cost of Equity
+
D / (E + D)
*
Cost of Debt
*
(1 - Tax Rate)
=
0.7236
*
16.449%
+
0.2764
*
8.2651%
*
(1 - 0%)
=
14.19%
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
New Delhi Television (NSE:NDTV) has a WACC % of 14.19% as of Jul. 15, 2026. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on New Delhi Television and its competitors. This is 43% above median its historical median of 9.90. Over the past decade, New Delhi Television's WACC % has ranged from 4.73 to 26.17. According to the industry distribution chart, New Delhi Television ranks #927 out of 1039 companies in the Media - Diversified industry, placing it in the top 89.2%.
Is New Delhi Television's WACC % too high?
New Delhi Television's current WACC % of 14.19% is 43% above median its 10-year median of 9.90. Over the past 10 years, this metric has ranged from a low of 4.73 to a high of 26.17. The Media - Diversified industry median WACC % is 7.35. New Delhi Television's value of 14.19% is 93.1% above this industry median. Based on the distribution chart, New Delhi Television ranks #927 out of 1039 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, New Delhi Television has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Delhi Television's WACC % compare to NXST?
According to the Media - Diversified industry distribution chart, New Delhi Television ranks #927 out of 1039 companies for WACC %. This places New Delhi Television in the lower half of its industry. The industry median WACC % is 7.35. New Delhi Television's value of 14.19% is 93.1% above this benchmark. Historically, New Delhi Television's own WACC % has ranged from 4.73 to 26.17 over the past decade. While the company's 10-year median is 9.90 vs. the industry median of 7.35, New Delhi Television has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good WACC % for a Media - Diversified company?
The median WACC % among Media - Diversified companies is 7.35, based on 1,039 companies in the industry. Companies in the top quartile (top 25%) have a WACC % significantly above this median, while those in the bottom quartile fall well below. However, WACC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. New Delhi Television's current WACC % of 14.19% is 93.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high WACC % mean?
A high WACC % can signal that a stock is expensive relative to its fundamentals. The weighted average cost of capital (WACC) is the average rate a company pays to finance assets. View historical data on New Delhi Television and its competitors. For the Media - Diversified industry, the median WACC % is 7.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Delhi Television's current WACC % is 14.19%, which is 43% above median its own 10-year median of 9.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Delhi Television stock overvalued right now?
Based on GuruFocus' analysis, New Delhi Television (NSE:NDTV) is currently considered Possible Value Trap. The stock's GF Value™ is ₹160.53, compared to a current price of ₹82.04 — trading 48.9% below its estimated fair value. The current WACC % is 14.19%, which is 43% above median its 10-year median of 9.90 and 93.1% above the Media - Diversified industry median of 7.35. New Delhi Television's overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is WACC % calculated?
WACC % is calculated from a company's financial statements. For New Delhi Television (NSE:NDTV), the current WACC % is 14.19% as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is New Delhi Television (NSE:NDTV) Overvalued in 2026?
Based on GuruFocus' analysis, New Delhi Television stock appears to be undervalued.
The current stock price of ₹82.04 is trading 48.9% below its estimated GF Value™ of ₹160.53.
GuruFocus considers New Delhi Television to be Possible Value Trap.
Key valuation signals for NSE:NDTV:
WACC %: 14.19% (43% above median its 10-year median of 9.90)
GF Value™: ₹160.53 vs. price of ₹82.04 (48.9% below fair value)
Industry Position: 93.1% above the Media - Diversified median (#927 of 1039)
No single metric tells the full story. See the NSE:NDTV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Delhi Television Ltd is in the business of television media and currently operates three channels including a dual channel namely NDTV 24x7, NDTV India, and NDTV Profit. The subsidiaries of the company include NDTV Convergence Ltd and NDTV World-wide Ltd offers consultancy for setting up of local television news channels in emerging markets across the world. The company also has associates and joint venture engaged into different e-commerce businesses on various platforms such as www.Gadgets360.com and www.mojarto.com. The company operates in India, America, Europe and Others.
51GF Score
Get the complete analysis for NSE:NDTV
WACC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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