Toho Co., Ltd. engages in the motion picture, theatrical production, and real estate management businesses in Japan.
Solid track record with excellent balance sheet.
Share Price & News
How has Toho's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TOH's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TOH underperformed the German Entertainment industry which returned -8.9% over the past year.
Return vs Market: TOH underperformed the German Market which returned -17.7% over the past year.
Price Volatility Vs. Market
How volatile is Toho's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Toho undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TOH (€26.8) is trading below our estimate of fair value (€36.59)
Significantly Below Fair Value: TOH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TOH is good value based on its PE Ratio (16.5x) compared to the Entertainment industry average (29.6x).
PE vs Market: TOH is poor value based on its PE Ratio (16.5x) compared to the German market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: TOH is poor value based on its PEG Ratio (3.4x)
Price to Book Ratio
PB vs Industry: TOH is overvalued based on its PB Ratio (1.6x) compared to the DE Entertainment industry average (1x).
How is Toho forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TOH's forecast earnings growth (4.9% per year) is above the savings rate (-0.4%).
Earnings vs Market: TOH's earnings (4.9% per year) are forecast to grow slower than the German market (14.3% per year).
High Growth Earnings: TOH's earnings are forecast to grow, but not significantly.
Revenue vs Market: TOH's revenue (3.4% per year) is forecast to grow slower than the German market (4.1% per year).
High Growth Revenue: TOH's revenue (3.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TOH's Return on Equity is forecast to be low in 3 years time (9.3%).
How has Toho performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TOH has high quality earnings.
Growing Profit Margin: TOH's current net profit margins (13.8%) are higher than last year (12.1%).
Past Earnings Growth Analysis
Earnings Trend: TOH's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: TOH's earnings growth over the past year (23%) exceeds its 5-year average (7.7% per year).
Earnings vs Industry: TOH earnings growth over the past year (23%) exceeded the Entertainment industry -50.4%.
Return on Equity
High ROE: TOH's Return on Equity (9.6%) is considered low.
How is Toho's financial position?
Financial Position Analysis
Short Term Liabilities: TOH's short term assets (¥208.7B) exceed its short term liabilities (¥48.6B).
Long Term Liabilities: TOH's short term assets (¥208.7B) exceed its long term liabilities (¥48.6B).
Debt to Equity History and Analysis
Debt Level: TOH's debt to equity ratio (0.07%) is considered satisfactory.
Reducing Debt: TOH's debt to equity ratio has increased from 0.06% to 0.07% over the past 5 years.
Debt Coverage: TOH's debt is well covered by operating cash flow (17658.9%).
Interest Coverage: TOH earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: TOH has a high level of physical assets or inventory.
Debt Coverage by Assets: TOH's debt is covered by short term assets (assets are 740x debt).
What is Toho's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TOH's dividend (1.07%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.7%).
High Dividend: TOH's dividend (1.07%) is low compared to the top 25% of dividend payers in the German market (4.97%).
Stability and Growth of Payments
Stable Dividend: TOH's dividend payments have been volatile in the past 10 years.
Growing Dividend: TOH's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.5%), TOH'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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Yoshishige Shimatani (67yo)
Mr. Yoshishige Shimatani has been Executive Managing Director of Fuji Media Holdings, Inc. since July 3, 2017. Mr. Shimatani has been the President and General Manager of Film Division at Toho Co., Ltd. si ...
|President||8.83yrs||no data||0.0057% ¥281.2k|
|MD, Head of Accounting & Finance||16.83yrs||no data||0.019% ¥936.9k|
|VP, GM of Film Division||8.83yrs||no data||no data|
|Head of Real Estate Management & Director||10.83yrs||no data||0.0051% ¥247.9k|
|MD & Director||7.83yrs||no data||0.0024% ¥118.3k|
|Head of Theater & Director||6.83yrs||no data||0.0018% ¥88.0k|
|Head of Film Business & Film Division||6.83yrs||no data||0.0027% ¥132.0k|
|Head of Advertising & Film Division and Director||4.83yrs||no data||0.0015% ¥74.3k|
|Director||no data||no data||no data|
|Director||3.83yrs||no data||0.0049% ¥239.6k|
Experienced Board: TOH's board of directors are considered experienced (7.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Toho Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Toho Co., Ltd.
- Ticker: TOH
- Exchange: DB
- Founded: 1932
- Industry: Movies and Entertainment
- Sector: Media
- Market Cap: JP¥583.029b
- Listing Market Cap: JP¥4.890b
- Shares outstanding: 177.48m
- Website: https://www.toho.co.jp
Number of Employees
- Toho Co., Ltd.
- Yurakucho 1-2-2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|9602||TSE (The Tokyo Stock Exchange)||Yes||Common Stock||JP||JPY||Jan 1992|
|TOH||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1992|
|TKCO.F||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Jan 1992|
Toho Co., Ltd. engages in the motion picture, theatrical production, and real estate management businesses in Japan. It is involved in producing, buying/selling, and renting movies; and producing and selling television programs, movie pamphlets, and video software. The company also engages in the planning, production, and performance of stage productions; and leasing of land/buildings, and others. Toho Co., Ltd. was founded in 1932 and is based in Tokyo, Japan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/30 21:18|
|End of Day Share Price||2020/03/30 00:00|
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.