Television Broadcasts Limited (TVBCF) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
P/E 11.13 means the share price is 11.13 times one year of earnings per share; the S&P 500 usually sits near 20-25. Market cap $182M is the value of all shares combined. Beta 0.96: the stock has moved about 4% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 18, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerTelevision Broadcasts Limited (TVBCF) trades at $0.39. Television Broadcasts Limited (TVBCF) is a Hong Kong-based media company engaged in television broadcasting, program production, and e-commerce. Market cap: $182M, Sector: Communication services.
Price as of Sep 11, 2026 · Last analyzed: Mar 18, 2026Analyst Coverage for TVBCF: TVBCF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates TVBCF against Communication Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.
TVBCF: 1/2 scored disciplines lean bullish. Dominant signal: Ray Dalio bullish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Television Broadcasts Limited (TVBCF) Media & Communications Profile
Television Broadcasts Limited (TVBCF) is a Hong Kong-based broadcaster with diversified revenue streams including terrestrial TV, OTT streaming, and e-commerce. Facing competition from digital platforms, TVBCF leverages its program production capabilities and international reach to maintain its market position in a rapidly evolving media landscape.
What Is the Investment Thesis for TVBCF?
Television Broadcasts Limited presents a complex investment case. The company's established presence in Hong Kong's media market and its expansion into OTT streaming and e-commerce offer potential growth avenues. However, its negative P/E ratio of -2.94 and a negative profit margin of -14.1% indicate financial challenges. Key catalysts include the growth of its e-commerce platforms and expansion in Mainland China. Investors should monitor the company's ability to improve profitability and adapt to the evolving media landscape. The company's beta of 0.96 suggests moderate volatility relative to the market.
Based on FMP financials and quantitative analysis
TVBCF Key Highlights
Market capitalization of $182M reflects its current valuation in the broadcasting sector.
- Negative P/E ratio of -2.94 indicates current losses and challenges in profitability.
- Gross margin of 40.8% shows the potential for profitability if operating expenses are managed effectively.
- Beta of 0.96 suggests the stock's price is slightly less volatile than the overall market.
- The company operates in five segments: Hong Kong TV Broadcasting, OTT Streaming, e-Commerce Business, Mainland China Operations, and International Operations.
Who Are TVBCF's Competitors?
TVBCF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| GWOX The Goodheart-Willcox Company, Inc. | $362.11 | +0.03% | $169M | — |
| ICABY i-CABLE Communications Limited | $0.11 | 0.00% | $39.2M | — |
| IGLDF Golden Energy Power Ltd. | $1.97 | 0.00% | $47.5M | — |
| LICT LICT Corporation | $11850.00 | +0.42% | $227M | 529-signal |
| NXCLF LIFULL Co., Limited | $1.55 | 0.00% | $199M | — |
| CURI CuriosityStream Inc. | $2.66 | -1.85% | $158M | 335-pillar |
| SSP The E.W. Scripps Company | $3.10 | -1.12% | $247M | — |
| IHRT iHeartMedia, Inc. | $2.70 | -0.74% | $351M | — |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.
What Are TVBCF's Key Strengths?
Established brand and market presence in Hong Kong.
- Diversified revenue streams across broadcasting, OTT, and e-commerce.
- Extensive content library and production capabilities.
- Strong relationships with content distributors in Mainland China.
What Are TVBCF's Weaknesses?
Negative profit margin and P/E ratio.
- Increasing competition from global streaming services.
- Dependence on the Hong Kong market.
- Challenges in adapting to changing consumer preferences.
What Could Drive TVBCF Stock Higher?
Expansion of e-commerce platforms in Hong Kong and Mainland China.
- Growth in Mainland China operations through content co-production and distribution.
- Increased adoption of OTT streaming services.
- International expansion into new markets.
What Are the Key Risks for TVBCF?
Intensifying competition from global streaming giants.
- Changing consumer preferences and declining viewership of traditional television.
- Economic downturn in Hong Kong and Mainland China.
- Regulatory changes impacting broadcasting and content distribution.
- Piracy and unauthorized distribution of content.
What Are the Growth Opportunities for TVBCF?
- Expansion of e-commerce platforms: TVBCF's e-commerce platforms, including Ztore, Neigbuy, and Big Big Shop, represent a significant growth opportunity. The e-commerce market in Hong Kong and Mainland China is experiencing rapid growth, driven by increasing internet penetration and changing consumer behavior. By expanding its product offerings and improving its online customer experience, TVBCF can capitalize on this trend and generate additional revenue streams. The timeline for significant growth is within the next 2-3 years.
- Growth in Mainland China operations: TVBCF's Mainland China Operations segment, which co-produces dramas and distributes television programs, offers substantial growth potential. The Chinese media market is one of the largest and fastest-growing in the world. By forging strategic partnerships and producing high-quality content that resonates with Chinese audiences, TVBCF can tap into this lucrative market. The timeline for realizing this growth is within the next 3-5 years.
- OTT streaming services: The Over-The-Top (OTT) streaming segment provides another avenue for growth. As consumers increasingly cut the cord and shift towards online streaming, TVBCF can leverage its content library and production capabilities to attract subscribers to its OTT platform. Investing in original content and enhancing the user experience will be crucial for success. The timeline for this growth is immediate and ongoing.
- International expansion: TVBCF's International Operations segment, which offers pay television and OTT services in Malaysia, Singapore, and other international markets, presents further growth opportunities. By expanding its geographic reach and tailoring its content to local audiences, TVBCF can increase its subscriber base and generate additional revenue. This expansion can be achieved within the next 3-5 years.
- Leveraging content library: TVBCF possesses a valuable library of television programs and films. By licensing its content to other media platforms and exploring new distribution channels, the company can generate additional revenue streams. This strategy can be implemented immediately and provide a steady source of income.
What Are TVBCF's Competitive Advantages?
- Established brand recognition in Hong Kong's media market.
- Extensive library of television programs and films.
- Integrated business model encompassing broadcasting, production, and e-commerce.
- Strong relationships with content distributors in Mainland China.
What Does TVBCF Do?
Founded in 1967 and headquartered in Kowloon, Hong Kong, Television Broadcasts Limited (TVBCF) has evolved into a multifaceted media company. Initially focused on terrestrial television broadcasting, TVBCF has expanded its operations to include program production, over-the-top (OTT) streaming services, and e-commerce platforms. The company operates through five key segments: Hong Kong TV Broadcasting, which focuses on traditional TV broadcasting, program production, and digital marketing; OTT Streaming, providing online content through website portals; e-Commerce Business, operating platforms like Ztore, Neigbuy, and Big Big Shop; Mainland China Operations, co-producing dramas and distributing content; and International Operations, offering pay television and OTT services internationally. TVBCF's diverse portfolio includes producing motion pictures, offering agency services, and engaging in property investment. This diversification aims to offset the challenges posed by the changing media consumption habits and competition from global streaming services.
What Products and Services Does TVBCF Offer?
- Terrestrial television broadcasting in Hong Kong.
- Production of television programs and dramas.
- Operation of Over-The-Top (OTT) streaming services.
- Management of e-commerce platforms (Ztore, Neigbuy, Big Big Shop).
- Co-production and distribution of content in Mainland China.
- Provision of pay television and OTT services internationally.
- Agency services for advertising and film rights.
- Artiste management and music production.
How Does TVBCF Make Money?
- Revenue from television advertising on terrestrial channels.
- Subscription fees from OTT streaming services.
- Sales of goods through e-commerce platforms.
- Licensing fees for television programs and content distribution.
- Revenue from agency services and artiste management.
What Industry Does TVBCF Operate In?
Television Broadcasts Limited operates in the dynamic broadcasting industry, facing increasing competition from global streaming services and digital media platforms. The industry is characterized by evolving consumer preferences, with a shift towards on-demand content and digital consumption. TVBCF's competitive positioning relies on its established brand in Hong Kong, its content production capabilities, and its expansion into e-commerce. The company must adapt to changing market trends to maintain its relevance and market share.
Who Are TVBCF's Key Customers?
- Viewers of terrestrial television channels in Hong Kong.
- Subscribers to OTT streaming services.
- Consumers purchasing goods on e-commerce platforms.
- Telecast, video, and media operators in Mainland China and internationally.
- Advertisers seeking to reach target audiences.
Research confidence
Enough evidence to be useful, with gaps worth knowing about.
- ● Scoring coverage unknown
- ● Price is current
- ● Latest filing 73 days ago
- ● No analyst coverage
- ● Reported in HKD, converted to USD
Television Broadcasts Limited (TVBCF) Valuation Context
Valued at $182M, TVBCF is classified as a micro-cap stock.
TVBCF Revenue & Earnings Trend
In Q2 FY2026, TVBCF generated $160.3M in top-line revenue, marking a sequential decrease of 25.8%. The company recorded a net loss of $9.4M, with diluted EPS of $-0.02. Quarter-over-quarter revenue has been mixed, typical for a micro-cap company operating in Communication Services. Across the four most recent quarters, TVBCF averaged $-0.03 in diluted EPS.
Company Profile
Television Broadcasts Limited operates in the Broadcasting industry within the Communication Services sector. It is headquartered in Hong Kong, HK. The company is led by CEO To Hui. TVBCF has traded publicly since 2012.
Key Financial Metrics
Return on equity for Television Broadcasts Limited stands at 4.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.8%, showing how much profit it generates from its asset base. TVBCF trades at a trailing price-to-earnings ratio of 11.13, below the Communication Services sector average of ~17.60x. Its free cash flow yield is 15.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.66 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 9.0%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Television Broadcasts Limited's Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 2.06 places it in the grey zone, a middle ground that warrants monitoring.
TVBCF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Established brand and market presence in Hong Kong.
- Diversified revenue streams across broadcasting, OTT, and e-commerce.
- Extensive content library and production capabilities.
- Strong relationships with content distributors in Mainland China.
Bear Case
- Negative profit margin and P/E ratio.
- Increasing competition from global streaming services.
- Dependence on the Hong Kong market.
- Challenges in adapting to changing consumer preferences.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 FY2026 | $160M | -$9M | -$0.02 |
| Q4 FY2025 | $216M | $21M | $0.05 |
| Q2 FY2025 | $191M | -$14M | -$0.03 |
| Q4 FY2024 | $223M | -$44M | -$0.10 |
Q2 FY2026 · filed 30 Jun 2026 · Financial Modeling Prep
Based on FMP financials and quantitative analysis · Converted to USD from HKD at today's rate
TVBCF Latest News
No recent news available for TVBCF.
TVBCF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for TVBCF.
Price Targets
Wall Street price target analysis for TVBCF.
TVBCF MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for TVBCF; grades run from A+ (80-100) to F (below 30).
Leadership: To Hui
Managing Director
To Hui serves as the Managing Director of Television Broadcasts Limited, overseeing the operations and strategic direction of the company. His background includes extensive experience in the media and entertainment industry, with a focus on content production, distribution, and digital media. He is responsible for managing a workforce of over 3,300 employees and driving the company's growth initiatives.
Track Record: Under To Hui's leadership, Television Broadcasts Limited has focused on expanding its digital presence through OTT streaming services and e-commerce platforms. Key milestones include the launch of new original content and the expansion of the company's e-commerce offerings. He has also overseen efforts to strengthen the company's relationships with content distributors in Mainland China.
TVBCF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Television Broadcasts Limited may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, making it challenging for investors to assess their financial health and operational performance compared to companies listed on major exchanges like NYSE or NASDAQ. This tier often includes companies with higher risk profiles.
- OTC Tier: OTC Other
- Limited financial disclosure increases information asymmetry.
- Lower trading volume can lead to price volatility.
- OTC Other tier status indicates a higher risk profile.
- Potential for limited regulatory oversight compared to major exchanges.
- Currency risk associated with investing in a Hong Kong-based company.
- Verify the company's financial statements and audit reports.
- Research the company's management team and their track record.
- Assess the company's competitive positioning in the broadcasting industry.
- Evaluate the company's growth strategy and its potential for success.
- Understand the regulatory environment in Hong Kong and Mainland China.
- Monitor the company's news releases and investor relations materials.
- Consult with a financial advisor to assess the risks and rewards of investing in TVBCF.
- Established history as a broadcasting company in Hong Kong since 1967.
- Operation of multiple business segments, including broadcasting, OTT, and e-commerce.
- Presence in Mainland China and international markets.
- Management team with experience in the media and entertainment industry.
- Publicly traded status, even on the OTC market, indicates some level of regulatory oversight.
Television Broadcasts Limited Communication Services Stock: Key Questions Answered
Is TVBCF a good stock?
Stock Expert AI does not rate TVBCF buy, sell or hold. Television Broadcasts Limited has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.
What do analysts say about TVBCF stock?
As of March 18, 2026, a comprehensive analyst consensus for TVBCF is not readily available. Key valuation metrics include a negative P/E ratio of -2.94 and a profit margin of -14.1%, indicating current financial challenges.
What are the key factors to evaluate for TVBCF?
Evaluate TVBCF on fundamentals, analyst consensus, and risk factors. P/E: 11.13x vs the S&P 500's ~20-25x. However, its negative P/E ratio of -2.94 and a negative profit margin of -14.1% indicate financial challenges. Not financial advice.
How frequently does TVBCF data refresh on this page?
TVBCF's price was last updated on Sep 11, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven TVBCF's recent stock price performance?
Television Broadcasts Limited (TVBCF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Established brand and market presence in Hong Kong. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider TVBCF overvalued or undervalued right now?
Television Broadcasts Limited (TVBCF) trades at 11.13x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Can I buy fractional shares of TVBCF?
Yes, most major brokerages offer fractional shares of Television Broadcasts Limited (TVBCF) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.
How can I track TVBCF's earnings and financial reports?
Television Broadcasts Limited (TVBCF) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for TVBCF earnings announcements.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- OTC market data may be less reliable than major exchange data.
- Analyst consensus may be limited due to the company's OTC listing.