TSE:3912

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Mobile Factory

Executive Summary

Mobile Factory, Inc. engages in the mobile service development business in Japan.


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 3912's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

7.0%

3912

1.3%

JP Entertainment

3.4%

JP Market


1 Year Return

-19.0%

3912

8.0%

JP Entertainment

0.6%

JP Market

Return vs Industry: 3912 underperformed the JP Entertainment industry which returned 8% over the past year.

Return vs Market: 3912 underperformed the JP Market which returned 0.6% over the past year.


Shareholder returns

3912IndustryMarket
7 Day7.0%1.3%3.4%
30 Day34.3%5.5%7.2%
90 Day-22.8%12.3%-1.6%
1 Year-19.0%-19.0%9.9%8.0%3.2%0.6%
3 Year-29.1%-31.2%29.5%23.5%6.9%-0.5%
5 Year155.4%142.4%71.8%60.2%8.4%-3.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

19.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 3912 (¥1253) is trading below our estimate of fair value (¥1549.26)

Significantly Below Fair Value: 3912 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 3912 is good value based on its PE Ratio (14.9x) compared to the Entertainment industry average (19.4x).

PE vs Market: 3912 is good value based on its PE Ratio (14.9x) compared to the JP market (15x).


Price to Earnings Growth Ratio

PEG Ratio: 3912 is poor value based on its PEG Ratio (1.4x)


Price to Book Ratio

PB vs Industry: 3912 is overvalued based on its PB Ratio (4.9x) compared to the JP Entertainment industry average (2.1x).


Next Steps

Future Growth

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

10.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3912's forecast earnings growth (10.4% per year) is above the savings rate (0.05%).

Earnings vs Market: 3912's earnings (10.4% per year) are forecast to grow slower than the JP market (12% per year).

High Growth Earnings: 3912's earnings are forecast to grow, but not significantly.

Revenue vs Market: 3912's revenue (8.6% per year) is forecast to grow faster than the JP market (3.1% per year).

High Growth Revenue: 3912's revenue (8.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 3912's Return on Equity is forecast to be low in 3 years time (18.4%).


Next Steps

Past Performance

How has Mobile Factory performed over the past 5 years?

22.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3912 has high quality earnings.

Growing Profit Margin: 3912's current net profit margins (23.9%) are higher than last year (20.8%).


Past Earnings Growth Analysis

Earnings Trend: 3912's earnings have grown significantly by 22.2% per year over the past 5 years.

Accelerating Growth: 3912's earnings growth over the past year (12.8%) is below its 5-year average (22.2% per year).

Earnings vs Industry: 3912 earnings growth over the past year (12.8%) exceeded the Entertainment industry 5%.


Return on Equity

High ROE: 3912's Return on Equity (33.7%) is considered high.


Next Steps

Financial Health

How is Mobile Factory's financial position?


Financial Position Analysis

Short Term Liabilities: 3912's short term assets (¥2.2B) exceed its short term liabilities (¥284.0M).

Long Term Liabilities: 3912's short term assets (¥2.2B) exceed its long term liabilities (¥12.0M).


Debt to Equity History and Analysis

Debt Level: 3912 is debt free.

Reducing Debt: 3912 has not had any debt for past 5 years.

Debt Coverage: 3912 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 3912 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 3912's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 3912's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 3912's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 3912's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 3912 is not paying a notable dividend for the JP market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 3912's dividend in 3 years as they are not forecast to pay a notable one for the JP market.


Next Steps

Management

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

4.3yrs

Average board tenure


CEO

Yuji Miyajima (48yo)

17.08yrs

Tenure

Mr. Yuji Miyajima is the Founder of MobileFactory, Inc. and has been its Chief Executive Officer and Representative Director since April 2003. 


Board Members

NamePositionTenureCompensationOwnership
Yuji Miyajima
Founder17.08yrsno data51.72% ¥5.5b
Mikio Fukai
Director & Executive Officer11.42yrsno data0.40% ¥43.1m
Gisuke Shiozawa
Audit & Supervisory Board Member Full-timeno datano data0.020% ¥2.1m
Eisuke Ito
External Auditor5.5yrsno datano data
Narusawa Rie
Outside Director Part-Time3.17yrsno datano data
Yamaguchi Shu
Outside Director Part-Time2.17yrsno datano data
Namekata Kazumasa
Audit & Supervisory Board Member Part-time2.17yrsno datano data

4.3yrs

Average Tenure

43yo

Average Age

Experienced Board: 3912'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

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


Key Information

  • Name: Mobile Factory, Inc.
  • Ticker: 3912
  • Exchange: TSE
  • Founded: 2001
  • Industry: Interactive Home Entertainment
  • Sector: Media
  • Market Cap: JP¥10.686b
  • Shares outstanding: 8.53m
  • Website: https://www.mobilefactory.jp

Number of Employees


Location

  • Mobile Factory, Inc.
  • 1-chome Building
  • 8th Floor
  • Tokyo
  • 141-0022
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3912TSE (The Tokyo Stock Exchange)YesCommon SharesJPJPYMar 2015
2MFDB (Deutsche Boerse AG)YesCommon SharesDEEURMar 2015

Biography

Mobile Factory, Inc. engages in the mobile service development business in Japan. It develops social and mobile media applications. The company offers location based games, such as Station Memories! and Eki Dash series; and mobile content services. Mobile Factory, Inc. was founded in 2001 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 Analysis2020/05/27 17:30
End of Day Share Price2020/05/27 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.