DB:3C8

Stock Analysis Report

Executive Summary

COLOPL, Inc. develops and operates Web game applications for feature phones, focusing on game applications for smartphones in Japan and internationally.


Snowflake Analysis

Flawless balance sheet with proven track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 3C8's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.2%

3C8

8.2%

DE Entertainment

9.1%

DE Market


1 Year Return

34.4%

3C8

-8.9%

DE Entertainment

-13.1%

DE Market

Return vs Industry: 3C8 exceeded the German Entertainment industry which returned -14.8% over the past year.

Return vs Market: 3C8 exceeded the German Market which returned -20.9% over the past year.


Shareholder returns

3C8IndustryMarket
7 Day6.2%8.2%9.1%
30 Day0%0.8%-1.0%
90 Day-27.5%-26.9%-20.7%
1 Year36.3%34.4%-7.8%-8.9%-10.6%-13.1%
3 Year-16.8%-21.3%-1.0%-5.7%-10.7%-18.1%
5 Year-61.8%-64.6%41.6%30.9%-10.7%-22.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

31.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 3C8 (€6.45) is trading below our estimate of fair value (€9.93)

Significantly Below Fair Value: 3C8 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 3C8 is good value based on its PE Ratio (23.6x) compared to the Entertainment industry average (27.2x).

PE vs Market: 3C8 is poor value based on its PE Ratio (23.6x) compared to the German market (16.6x).


Price to Earnings Growth Ratio

PEG Ratio: 3C8 is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: 3C8 is overvalued based on its PB Ratio (1.4x) compared to the DE Entertainment industry average (1.1x).


Next Steps

Future Growth

How is COLOPL forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

14.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3C8's forecast earnings growth (14.3% per year) is above the savings rate (-0.4%).

Earnings vs Market: 3C8's earnings (14.3% per year) are forecast to grow faster than the German market (14.1% per year).

High Growth Earnings: 3C8's earnings are forecast to grow, but not significantly.

Revenue vs Market: 3C8's revenue (5.4% per year) is forecast to grow faster than the German market (3.9% per year).

High Growth Revenue: 3C8's revenue (5.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 3C8's Return on Equity is forecast to be low in 3 years time (9.3%).


Next Steps

Past Performance

How has COLOPL performed over the past 5 years?

-68.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3C8 has high quality earnings.

Growing Profit Margin: 3C8's current net profit margins (10.3%) are higher than last year (5.7%).


Past Earnings Growth Analysis

Earnings Trend: 3C8's earnings have declined by -68.2% per year over the past 5 years.

Accelerating Growth: 3C8's earnings growth over the past year (68.2%) exceeds its 5-year average (-68.2% per year).

Earnings vs Industry: 3C8 earnings growth over the past year (68.2%) exceeded the Entertainment industry -50.4%.


Return on Equity

High ROE: 3C8's Return on Equity (5.9%) is considered low.


Next Steps

Financial Health

How is COLOPL's financial position?


Financial Position Analysis

Short Term Liabilities: 3C8's short term assets (¥68.4B) exceed its short term liabilities (¥6.5B).

Long Term Liabilities: 3C8's short term assets (¥68.4B) exceed its long term liabilities (¥527.0M).


Debt to Equity History and Analysis

Debt Level: 3C8 is debt free.

Reducing Debt: 3C8 has not had any debt for past 5 years.

Debt Coverage: 3C8 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 3C8 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

2.05%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 3C8's dividend (2.22%) is higher than the bottom 25% of dividend payers in the German market (1.7%).

High Dividend: 3C8's dividend (2.22%) is low compared to the top 25% of dividend payers in the German market (4.86%).


Stability and Growth of Payments

Stable Dividend: 3C8 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 3C8's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (52.3%), 3C8's dividend payments are 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

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average management tenure


CEO

Naruatsu Baba (41yo)

11.5s

Tenure

Mr. Naruatsu Baba has been the Chief Operating Officer of COLOPL, Inc. since March 1, 2019. Mr. Baba has been the Chief Executive Officer and President of Colopl, Inc. since October 2008. Mr. Baba establis ...


Leadership Team

NamePositionTenureCompensationOwnership
Naruatsu Baba
President11.5yrsno data48.34% ¥431.0m
Yoshiaki Harai
CFO, CHRO1.33yrsno data0.00094% ¥8.4k
Kenta Sugai
CTO, Head of Engineering Division & Executive Director3.33yrsno data0.094% ¥838.5k
Jun Hasebe
Head of Incubation Division and Head of Legal & IP Center1.08yrsno data0.39% ¥3.4m
Yoichi Ichikawa
Head of Marketing Division1.08yrsno datano data
Shinsuke Ishiwatari
Executive Director9.75yrsno data0.077% ¥690.7k
Ryosuke Ishiwatari
CMO, Head of HR Division & Executive Director5.33yrsno data0.054% ¥482.1k
Yu Sakamoto
Head of Entertainment Division1.08yrsno datano data
Mie Kumagai
Head of White Cat & Black Cat Division1.08yrsno datano data

1.1yrs

Average Tenure

44yo

Average Age

Experienced Management: 3C8's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Naruatsu Baba
President11.5yrsno data48.34% ¥431.0m
Yoshiaki Harai
CFO, CHRO1.33yrsno data0.00094% ¥8.4k
Kenta Sugai
CTO, Head of Engineering Division & Executive Director3.33yrsno data0.094% ¥838.5k
Shinsuke Ishiwatari
Executive Director9.75yrsno data0.077% ¥690.7k
Ryosuke Ishiwatari
CMO, Head of HR Division & Executive Director5.33yrsno data0.054% ¥482.1k
Koji Yanagisawa
Outside Independent Director4.33yrsno data0.0039% ¥34.9k
Koichiro Iida
Audit & Supervisory Committee Member4.33yrsno datano data
Ryogo Tsukioka
Audit & Supervisory Committee Member4.33yrsno datano data
Tetsuzo Hasegawa
Full-time Audit & Supervisory Committee Member4.33yrsno data0.014% ¥122.1k
Dai Tamesue
Outside Independent Director4.33yrsno datano data

4.3yrs

Average Tenure

47.5yo

Average Age

Experienced Board: 3C8's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

COLOPL, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: COLOPL, Inc.
  • Ticker: 3C8
  • Exchange: DB
  • Founded: 2008
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Market Cap: JP¥105.689b
  • Listing Market Cap: JP¥891.546m
  • Shares outstanding: 127.80m
  • Website: https://www.colopl.co.jp/en

Number of Employees


Location

  • COLOPL, Inc.
  • Yebisu Garden Place Tower
  • 11th Floor
  • Tokyo
  • 150-6011
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3668TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYDec 2012
3C8DB (Deutsche Boerse AG)YesCommon StockDEEURDec 2012
CPLL.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDDec 2012

Biography

COLOPL, Inc. develops and operates Web game applications for feature phones, focusing on game applications for smartphones in Japan and internationally. It offers applications for virtual reality devices; location data analysis consulting services; and Smart Answer, a research service for smartphones. The company was founded in 2008 and is based in Tokyo, Japan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/10 05:52
End of Day Share Price2020/04/09 00:00
Earnings2019/12/31
Annual Earnings2019/09/30


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.