GungHo Online Entertainment, Inc.'s (TSE:3765) Shares Lagging The Market But So Is The Business
Jun 30
Japanese (NIKKEI) Entertainment Industry Analysis
UpdatedJul 02, 2024
DataAggregated Company Financials
Companies71
- 7D2.7%
- 3M6.0%
- 1Y12.1%
- YTD12.9%
The Entertainment industry is up 2.7% in the last week, with Nintendo up 2.8%. This takes the industry's 12 month performance to a gain of 12%. Looking forward, earnings are forecast to grow by 6.5% annually.
Industry Valuation and Performance
Has the Japanese Entertainment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 02 Jul 2024 | JP¥20.0t | JP¥5.2t | JP¥801.5b | 24.1x | 24.9x | 3.9x |
| Thu, 30 May 2024 | JP¥18.6t | JP¥5.2t | JP¥805.3b | 24.1x | 23.2x | 3.6x |
| Sat, 27 Apr 2024 | JP¥18.0t | JP¥5.2t | JP¥848.2b | 21.7x | 21.2x | 3.5x |
| Mon, 25 Mar 2024 | JP¥19.9t | JP¥5.2t | JP¥836.5b | 22.7x | 23.8x | 3.8x |
| Wed, 21 Feb 2024 | JP¥19.5t | JP¥5.2t | JP¥837.5b | 23.2x | 23.3x | 3.8x |
| Fri, 19 Jan 2024 | JP¥18.9t | JP¥5.2t | JP¥870.3b | 21.4x | 21.7x | 3.6x |
| Sun, 17 Dec 2023 | JP¥17.3t | JP¥5.2t | JP¥870.3b | 21x | 19.9x | 3.3x |
| Tue, 14 Nov 2023 | JP¥17.8t | JP¥5.2t | JP¥877.7b | 23.1x | 20.3x | 3.4x |
| Thu, 12 Oct 2023 | JP¥16.9t | JP¥5.2t | JP¥914.2b | 21.7x | 18.5x | 3.3x |
| Sat, 09 Sep 2023 | JP¥17.7t | JP¥5.2t | JP¥913.1b | 22.1x | 19.3x | 3.4x |
| Mon, 07 Aug 2023 | JP¥17.2t | JP¥5.1t | JP¥917.6b | 20.9x | 18.8x | 3.4x |
| Wed, 05 Jul 2023 | JP¥17.7t | JP¥4.9t | JP¥848.0b | 19.8x | 20.9x | 3.6x |
| Fri, 02 Jun 2023 | JP¥17.0t | JP¥4.8t | JP¥840.0b | 19.2x | 20.2x | 3.5x |
| Sun, 30 Apr 2023 | JP¥16.7t | JP¥4.7t | JP¥855.7b | 21.2x | 19.5x | 3.5x |
| Tue, 28 Mar 2023 | JP¥15.6t | JP¥4.7t | JP¥849.8b | 20.9x | 18.3x | 3.3x |
| Thu, 23 Feb 2023 | JP¥15.4t | JP¥4.7t | JP¥849.2b | 20.8x | 18.2x | 3.3x |
| Sat, 21 Jan 2023 | JP¥15.5t | JP¥4.7t | JP¥989.8b | 17.5x | 15.7x | 3.3x |
| Mon, 19 Dec 2022 | JP¥16.0t | JP¥4.7t | JP¥987.6b | 18.8x | 16.2x | 3.4x |
| Wed, 16 Nov 2022 | JP¥16.1t | JP¥4.6t | JP¥983.2b | 18.8x | 16.4x | 3.5x |
| Fri, 14 Oct 2022 | JP¥15.9t | JP¥4.5t | JP¥937.3b | 17.8x | 16.9x | 3.5x |
| Sun, 11 Sep 2022 | JP¥16.2t | JP¥4.5t | JP¥934.7b | 19.6x | 17.4x | 3.6x |
| Tue, 09 Aug 2022 | JP¥16.2t | JP¥4.4t | JP¥922.1b | 20.2x | 17.6x | 3.6x |
| Thu, 07 Jul 2022 | JP¥16.0t | JP¥4.4t | JP¥884.3b | 18.1x | 18.1x | 3.7x |
| Sat, 04 Jun 2022 | JP¥16.1t | JP¥4.4t | JP¥882.3b | 19.1x | 18.2x | 3.7x |
| Mon, 02 May 2022 | JP¥15.8t | JP¥4.3t | JP¥881.5b | 16.2x | 17.9x | 3.6x |
| Wed, 30 Mar 2022 | JP¥16.7t | JP¥4.3t | JP¥872.2b | 17x | 19.1x | 3.8x |
| Fri, 25 Feb 2022 | JP¥14.6t | JP¥4.3t | JP¥874.8b | 14.5x | 16.7x | 3.4x |
| Sun, 23 Jan 2022 | JP¥13.8t | JP¥4.3t | JP¥774.8b | 16.3x | 17.8x | 3.2x |
| Tue, 21 Dec 2021 | JP¥14.3t | JP¥4.3t | JP¥778.6b | 16.1x | 18.4x | 3.3x |
| Thu, 18 Nov 2021 | JP¥15.1t | JP¥4.3t | JP¥780.3b | 19.5x | 19.4x | 3.5x |
| Sat, 16 Oct 2021 | JP¥14.7t | JP¥4.4t | JP¥769.6b | 17.8x | 19.1x | 3.4x |
| Mon, 13 Sep 2021 | JP¥15.7t | JP¥4.4t | JP¥761.4b | 19.7x | 20.7x | 3.6x |
| Wed, 11 Aug 2021 | JP¥14.5t | JP¥4.4t | JP¥763.5b | 20.1x | 19x | 3.3x |
Price to Earnings Ratio
21.6x
Current Industry PE
- Investors are optimistic on the Japanese Entertainment industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 24.9x which is higher than its 3-year average PE of 19.2x.
- The 3-year average PS ratio of 3.5x is lower than the industry's current PS ratio of 3.9x.
Past Earnings Growth
- The earnings for companies in the Entertainment industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 5.6% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Japanese Telecom industry?
| JP Market | 2.72% | |
| Telecom | 2.90% | |
| Entertainment | 2.65% | |
| Interactive Home Entertainment | 2.71% | |
| Movies and Entertainment | 2.26% | |
Industry PE
- Investors are most optimistic about the Interactive Home Entertainment industry which is trading above its 3-year average PE ratio of 17.9x.
- Analysts are expecting annual earnings growth of 6.5%, which is higher than its past year's earnings decline of 25.0% per year.
- Investors are most pessimistic about the Movies and Entertainment industry, which is trading below its 3-year average of 32.5x.
Forecasted Growth
- Analysts are most optimistic on the Interactive Home Entertainment industry, expecting annual earnings growth of 6.5% over the next 5 years.
- This is better than its past earnings decline of 25% per year.
- In contrast, the Movies and Entertainment industry is expected to see its earnings grow by 6.3% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 7974 Nintendo | JP¥8.88k | 2.8% +JP¥282.9b | 36.1% | PE21.1x | |
| 9766 Konami Group | JP¥11.67k | 3.8% +JP¥58.3b | 55.1% | PE26.7x | |
| 9697 Capcom | JP¥3.10k | 2.3% +JP¥28.9b | 9.3% | PE29.9x | |
| 4816 Toei AnimationLtd | JP¥2.52k | 5.1% +JP¥24.7b | -4.7% | PE27.4x | |
| 9602 Toho | JP¥4.77k | 2.7% +JP¥21.4b | -11.9% | PE18x |
