2178 Stock Overview
Tri-Stage Inc. provides direct marketing services for companies in Japan.
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥563.00|
|52 Week High||JP¥565.00|
|52 Week Low||JP¥304.00|
|1 Month Change||0%|
|3 Month Change||52.99%|
|1 Year Change||45.86%|
|3 Year Change||85.20%|
|5 Year Change||-9.92%|
|Change since IPO||125.20%|
Recent News & Updates
|2178||JP Media||JP Market|
Return vs Industry: 2178 exceeded the JP Media industry which returned -4.6% over the past year.
Return vs Market: 2178 exceeded the JP Market which returned -2.5% over the past year.
|2178 Average Weekly Movement||10.1%|
|Media Industry Average Movement||4.9%|
|Market Average Movement||4.5%|
|10% most volatile stocks in JP Market||8.9%|
|10% least volatile stocks in JP Market||2.5%|
Stable Share Price: 2178 is more volatile than 90% of JP stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 2178's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of JP stocks.
About the Company
Tri-Stage Inc. provides direct marketing services for companies in Japan. The company offers television (TV) programs and commercial slots to companies that conduct direct marketing; and a range of services, including advisory services in areas, such as the creation of TV program, contact center operation, and distribution and payment. Its direct marketing value chain services include product development, business planning, creative planning, media selection, order support, impact analysis, information processing, distribution and payment, and customer management.
Tri-Stage Fundamentals Summary
|2178 fundamental statistics|
Is 2178 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2178 income statement (TTM)|
|Cost of Revenue||JP¥42.16b|
Last Reported Earnings
Feb 28, 2022
Next Earnings Date
|Earnings per share (EPS)||33.66|
|Net Profit Margin||1.78%|
How did 2178 perform over the long term?See historical performance and comparison
1.2%Current Dividend Yield
Is Tri-Stage undervalued compared to its fair value and its price relative to the market?
Valuation Score 0/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 2178 (¥563) is trading above our estimate of fair value (¥451.41)
Significantly Below Fair Value: 2178 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 2178 is poor value based on its PE Ratio (16.7x) compared to the JP Media industry average (15.5x).
PE vs Market: 2178 is poor value based on its PE Ratio (16.7x) compared to the JP market (12.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2178's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2178 is overvalued based on its PB Ratio (1.9x) compared to the JP Media industry average (1.5x).
How is Tri-Stage forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Media industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tri-Stage has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Tri-Stage performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2178 has a large one-off loss of ¥453.0M impacting its February 28 2022 financial results.
Growing Profit Margin: 2178's current net profit margins (1.8%) are higher than last year (1.8%).
Past Earnings Growth Analysis
Earnings Trend: 2178's earnings have grown significantly by 32.5% per year over the past 5 years.
Accelerating Growth: 2178's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2178 had negative earnings growth (-0.5%) over the past year, making it difficult to compare to the Media industry average (48.6%).
Return on Equity
High ROE: 2178's Return on Equity (11.4%) is considered low.
How is Tri-Stage's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 2178's short term assets (¥14.4B) exceed its short term liabilities (¥7.4B).
Long Term Liabilities: 2178's short term assets (¥14.4B) exceed its long term liabilities (¥501.0M).
Debt to Equity History and Analysis
Debt Level: 2178 has more cash than its total debt.
Reducing Debt: 2178's debt to equity ratio has increased from 23.8% to 41.6% over the past 5 years.
Debt Coverage: 2178's debt is well covered by operating cash flow (41.6%).
Interest Coverage: 2178's interest payments on its debt are well covered by EBIT (103.8x coverage).
What is Tri-Stage current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2178's dividend (1.24%) isn’t notable compared to the bottom 25% of dividend payers in the JP market (1.61%).
High Dividend: 2178's dividend (1.24%) is low compared to the top 25% of dividend payers in the JP market (3.61%).
Stability and Growth of Payments
Stable Dividend: 2178's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2178's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.8%), 2178's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (14.9%), 2178's dividend payments are thoroughly covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Yasuhisa Kurata is President at Tri-Stage Inc. since 2020 and also serves as it's Director from May 2019.
Experienced Board: 2178's board of directors are considered experienced (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.
Tri-Stage Inc.'s employee growth, exchange listings and data sources
- Name: Tri-Stage Inc.
- Ticker: 2178
- Exchange: TSE
- Founded: 2006
- Industry: Advertising
- Sector: Media
- Implied Market Cap: JP¥14.116b
- Shares outstanding: 25.07m
- Website: https://www.tri-stage.jp
Number of Employees
- Tri-Stage Inc.
- Shiodome Building
- 21st Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/15 00:00|
|End of Day Share Price||2022/05/13 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.