DB:T97

Stock Analysis Report

Executive Summary

Tokyo Dome Corporation provides various amusement facilities in Japan.

Snowflake

Fundamentals

Fair value with questionable track record.

Share Price & News

How has Tokyo Dome's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-7.1%

T97

14.2%

DE Hospitality

3.9%

DE Market


1 Year Return

3.7%

T97

-16.8%

DE Hospitality

3.4%

DE Market

Return vs Industry: T97 exceeded the German Hospitality industry which returned -16.8% over the past year.

Return vs Market: T97 exceeded the German Market which returned 3.4% over the past year.


Shareholder returns

T97IndustryMarket
7 Day-7.1%14.2%3.9%
30 Day-7.6%22.3%2.1%
90 Day-3.8%26.9%3.7%
1 Year5.5%3.7%-11.1%-16.8%6.7%3.4%
3 Year-1.3%-6.0%16.3%0.7%18.9%8.6%
5 Year43.7%33.8%36.2%9.2%41.8%22.5%

Price Volatility Vs. Market

How volatile is Tokyo Dome's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Tokyo Dome undervalued compared to its fair value and its price relative to the market?

11.94x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: T97 (€7.9) is trading above our estimate of fair value (€4.7)

Significantly Undervalued: T97 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: T97 is good value based on its PE Ratio (11.9x) compared to the Hospitality industry average (32.3x).

PE vs Market: T97 is good value based on its PE Ratio (11.9x) compared to the German market (19.4x).


Price to Earnings Growth Ratio

Low PEG Ratio: T97's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: T97 is good value based on its PB Ratio (0.8x) compared to the DE Hospitality industry average (2.6x).


Next Steps

Future Growth

How is Tokyo Dome forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-10.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: T97's earnings are forecast to decline over the next 3 years (-10.7% per year).

Earnings vs Market: T97's earnings are forecast to decline over the next 3 years (-10.7% per year).

High Growth Earnings: T97's earnings are forecast to decline over the next 3 years.

Revenue vs Market: T97's revenue is expected to decline over the next 3 years (-0.04% per year).

High Growth Revenue: T97's revenue is forecast to decline over the next 3 years (-0.04% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if T97's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Tokyo Dome performed over the past 5 years?

2.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: T97's earnings have grown by 2.6% per year over the past 5 years.

Accelerating Growth: T97's earnings growth over the past year (2.6%) is below its 5-year average (2.6% per year).

Earnings vs Industry: T97 earnings growth over the past year (2.6%) exceeded the Hospitality industry -28.4%.


Return on Equity

High ROE: T97's Return on Equity (7.1%) is considered low.


Return on Assets

ROA vs Industry: T97's Return on Assets is below or equal to the Hospitality industry average last year.


Return on Capital Employed

ROCE Improving: T97's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Tokyo Dome's financial position?


Financial Position Analysis

Short Term Liabilities: T97's short term assets (¥22.6B) do not cover its short term liabilities (¥57.4B)

Long Term Liabilities: T97's short term assets (22.6B) do not cover its long term liabilities (140.7B)


Debt to Equity History and Analysis

Debt Level: T97's debt to equity ratio (137.5%) is considered high

Reducing Debt: T97's debt to equity ratio has reduced from 215.6% to 137.5% over the past 5 years.

Debt Coverage: T97's debt is not well covered by operating cash flow (12.1%).

Interest Coverage: T97's interest payments on its debt are well covered by EBIT (13x coverage).


Balance Sheet

Inventory Level: T97 has a high level of physical assets or inventory.

Debt Coverage by Assets: T97's debt is not covered by short term assets (assets are 0.2x debt).


Next Steps

Dividend

What is Tokyo Dome's current dividend yield, its reliability and sustainability?

1.25%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Tokyo Dome before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

company1.2%marketbottom25%1.5%markettop25%3.8%industryaverage6.0%forecastin3Years1.2%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: T97's dividend (1.25%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.46%).

High Dividend: T97's dividend (1.25%) is low compared to the top 25% of dividend payers in the German market (3.83%).

Stable Dividend: T97's dividend payments have been volatile in the past 10 years.

Growing Dividend: T97's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19.8%), T97's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Tokyo Dome's salary, the management and board of directors tenure and is there insider trading?

2.9yrs

Average management tenure


CEO

Tsutomu Nagaoka (64yo)

3.4yrs

Tenure

0

Tsutomu Nagaoka has been President, Chief Operating Officer and Representative Director of Tokyo Dome Corp. since May 3, 2016. Tsutomu Nagaoka served as Senior Managing Director at Tokyo Dome Corp since Ap ...


Management Age and Tenure

2.9yrs

Average Tenure

64yo

Average Age

Experienced Management: T97's management team is considered experienced (2.9 years average tenure).


Board Age and Tenure

3.4yrs

Average Tenure

66yo

Average Age

Experienced Board: T97's board of directors are considered experienced (3.4 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Minoru Hagiwara

    Senior Managing Director & Director

    • Tenure: 0.5yrs
  • Ryusuke Nomura (64yo)

    Executive VP

    • Tenure: 0yrs
  • Tsutomu Nagaoka (64yo)

    President

    • Tenure: 3.4yrs
  • Yoshiyuki Taniguchi (60yo)

    Senior Managing Director and Director

    • Tenure: 0yrs
  • Akira Nishikatsu

    Senior MD & Director

    • Tenure: 3.4yrs
  • Yoshitaka Odagiri

    Managing Director and Director

    • Tenure: 3.4yrs
  • Yuhei Nagata

    Managing Executive Officer

    • Tenure: 3.4yrs
  • Yasuhiko Teshima

    Managing Executive Officer

    • Tenure: 1.5yrs
  • Koichiro Hisaoka

    MD & Director

    • Tenure: 0.5yrs
  • Takayuki Iwase

    Managing Executive Officer

    • Tenure: 0.8yrs

Board Members

  • Nobuhiro Mori (74yo)

    External Director

    • Tenure: 14.5yrs
  • Minoru Hagiwara

    Senior Managing Director & Director

    • Tenure: 0.5yrs
  • Tomofumi Akiyama (84yo)

    External Director

    • Tenure: 16.5yrs
  • Yoshihisa Inoue (68yo)

    External Director

    • Tenure: 12.5yrs
  • Ryusuke Nomura (64yo)

    Executive VP

    • Tenure: 0yrs
  • Tsutomu Nagaoka (64yo)

    President

    • Tenure: 3.4yrs
  • Yoshiyuki Taniguchi (60yo)

    Senior Managing Director and Director

    • Tenure: 0yrs
  • Akira Nishikatsu

    Senior MD & Director

    • Tenure: 3.4yrs
  • Yoshitaka Odagiri

    Managing Director and Director

    • Tenure: 3.4yrs
  • Koichiro Hisaoka

    MD & Director

    • Tenure: 0.5yrs

Company Information

Tokyo Dome Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tokyo Dome Corporation
  • Ticker: T97
  • Exchange: DB
  • Founded: 1936
  • Industry: Leisure Facilities
  • Sector: Consumer Services
  • Market Cap: JP¥89.278b
  • Listing Market Cap: JP¥739.238m
  • Shares outstanding: 92.71m
  • Website: https://www.tokyo-dome.co.jp

Number of Employees


Location

  • Tokyo Dome Corporation
  • 1-3-61, Koraku
  • Bunkyo-ku
  • Tokyo
  • 112-8575
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
9681TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
T97DB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992

Biography

Tokyo Dome Corporation provides various amusement facilities in Japan. The company operates Tokyo Dome, a stadium that is used for baseball games and other sports, concerts, and events. It also operates am ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 21:12
End of Day Share Price2019/10/17 00:00
Earnings2019/07/31
Annual Earnings2019/01/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.