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Dentsu Group Inc.TSE:4324 Stock Report

Market Cap JP¥810.2b
Share Price
JP¥3.05k
JP¥3.28k
7.1% undervalued intrinsic discount
1Y-2.1%
7D0.3%
1D
Portfolio Value
View

Dentsu Group Inc.

TSE:4324 Stock Report

Market Cap: JP¥810.2b

Dentsu Group (4324) Stock Overview

Operates in the advertising business in Japan, the Americas, Europe, the Middle East and Africa, and the Asia Pacific. More details

4324 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance0/6
Financial Health4/6
Dividends0/6

4324 Community Fair Values

Create Narrative

See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Dentsu Group Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Dentsu Group
Historical stock prices
Current Share PriceJP¥3,044.00
52 Week HighJP¥3,554.00
52 Week LowJP¥2,642.00
Beta0.35
1 Month Change-1.01%
3 Month Change7.52%
1 Year Change-2.12%
3 Year Change-32.20%
5 Year Change-20.94%
Change since IPO29.53%

Recent News & Updates

Narrative Update May 21

4324: Boycott Probe Settlement Talks And Fine Tuned Assumptions Will Shape Balanced Outlook

Analysts have kept their ¥3,282 price target for Dentsu Group unchanged, with slightly adjusted assumptions for discount rate, revenue growth, profit margin, and future P/E. This suggests a more fine tuned rather than directional shift in their outlook.
Analysis Article May 19

Dentsu Group Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

It's been a good week for Dentsu Group Inc. ( TSE:4324 ) shareholders, because the company has just released its latest...
Narrative Update May 01

4324: Regulatory Probe, Impairment Charges And Leadership Change Will Shape Balanced Outlook

Analysts have kept their fair value estimate for Dentsu Group steady at roughly ¥3,282 per share, making only minor tweaks to inputs like the discount rate and future P/E. This reflects updated assumptions rather than a change in overall conviction.

Recent updates

Narrative Update May 21

4324: Boycott Probe Settlement Talks And Fine Tuned Assumptions Will Shape Balanced Outlook

Analysts have kept their ¥3,282 price target for Dentsu Group unchanged, with slightly adjusted assumptions for discount rate, revenue growth, profit margin, and future P/E. This suggests a more fine tuned rather than directional shift in their outlook.
Analysis Article May 19

Dentsu Group Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

It's been a good week for Dentsu Group Inc. ( TSE:4324 ) shareholders, because the company has just released its latest...
Narrative Update May 01

4324: Regulatory Probe, Impairment Charges And Leadership Change Will Shape Balanced Outlook

Analysts have kept their fair value estimate for Dentsu Group steady at roughly ¥3,282 per share, making only minor tweaks to inputs like the discount rate and future P/E. This reflects updated assumptions rather than a change in overall conviction.
Narrative Update Apr 17

4324: Impairment Reset And Leadership Change Will Frame Balanced Outlook

Analysts have nudged their price target on Dentsu Group slightly lower to ¥3,282 from ¥3,293, reflecting updated assumptions that combine a somewhat higher discount rate with modestly stronger revenue growth, profit margin and future P/E inputs. What's in the News The U.S. Federal Trade Commission is reported to be negotiating a potential settlement with advertising firms, including those linked to a boycott probe.
Narrative Update Apr 03

4324: Impairment Charges And Leadership Change Will Frame A Steady Outlook

Analysts have kept their ¥2,800 price target for Dentsu Group unchanged, citing updated assumptions that include a slightly different discount rate, revenue growth, profit margin, and future P/E inputs. Together, these factors support maintaining the existing valuation view.
Narrative Update Mar 20

4324: Impairment Reset And New Leadership Will Support Rebound Prospects

Analysts now see Dentsu Group's fair value at about ¥3,293, down from roughly ¥3,397. This reflects slightly higher discount rate assumptions, modestly lower revenue growth expectations, a small trim to profit margin forecasts, and a marginally lower future P/E multiple in their updated models.
Narrative Update Mar 05

4324: Impairment And Leadership Transition Will Shape Balanced Outlook

Analysts have maintained their fair value estimate for Dentsu Group at ¥2,800. Slightly higher assumed revenue growth and a higher discount rate are offset by a lower projected profit margin and a modestly higher future P/E, leaving the overall price target unchanged.
Narrative Update Feb 19

4324: Impairment Charges And Leadership Changes Will Shape Measured Outlook

Analysts have trimmed their Dentsu Group price target from ¥2,900 to ¥2,800, reflecting updated views on discount rates, revenue growth assumptions, profit margins, and future P/E levels. What's in the News Dentsu Group plans to record goodwill impairment losses of ¥310.1b in the fourth quarter of FY2025, subject to Board approval, which would materially affect reported earnings for that period.
Analysis Article Feb 14

Dentsu Group Inc.'s (TSE:4324) Business Is Yet to Catch Up With Its Share Price

There wouldn't be many who think Dentsu Group Inc.'s ( TSE:4324 ) price-to-sales (or "P/S") ratio of 0.5x is worth a...
Narrative Update Feb 05

4324: Revised 2025 Guidance And Margin Outlook Will Shape Balanced Future Prospects

Analysts kept their fair value estimate for Dentsu Group steady at ¥2,900, citing a slightly lower discount rate, modestly revised revenue growth assumptions of 0.97% and a future P/E of 9.72, offset by a small reduction in profit margin expectations to 6.31%. What's in the News Dentsu Group revised its FY2025 consolidated guidance, now expecting revenue of ¥1,421b and net revenue of ¥1,182.6b, with operating profit projected at ¥17.6b instead of a previously guided operating loss of ¥3.5b.
Narrative Update Jan 22

4324: Higher Profit Forecast And Accounting Review Will Reshape 2025 Outlook

Analysts have lifted their fair value estimate for Dentsu Group from ¥2,400 to ¥2,900. They cite updated assumptions that pair a slightly lower discount rate and P/E multiple with revised expectations for revenue growth and profit margins.
Analysis Article Jan 17

Here's Why Dentsu Group (TSE:4324) Can Manage Its Debt Responsibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Narrative Update Jan 08

4324: Margin Pressures And Sports Expansion Will Shape Balanced Share Prospects

Analysts have kept their fair value estimate for Dentsu Group broadly unchanged at ¥3,396.67, while refining assumptions around revenue growth, profit margins, the discount rate and future P/E. This reflects updated views on the balance between earnings potential and risk.
Analysis Article Dec 21

Investors Will Want Dentsu Group's (TSE:4324) Growth In ROCE To Persist

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Narrative Update Dec 20

4324: Margin Recovery And Sports Expansion Will Shape Balanced Share Prospects

Analysts have modestly raised their price target for Dentsu Group to ¥3,397 from ¥3,330, reflecting slightly higher long term profit margin assumptions and a small uptick in the company’s justified valuation multiples, despite only marginal tweaks to growth and discount rate inputs. What's in the News Dentsu Group raised its FY2025 operating profit forecast from an operating loss of ¥3.5 billion to an operating profit of ¥17.6 billion, supported by stronger Japan performance and cost reductions, while keeping organic growth guidance at around 0% (company guidance).
Narrative Update Dec 06

4324: International Business Uncertainty And Margin Outlook Will Shape Balanced Share Prospects

Narrative Update on Dentsu Group Analyst Price Target The analyst price target for Dentsu Group has been raised from ¥3,121 to ¥3,330. Analysts cite an improved profit margin outlook and a slightly lower assumed valuation multiple, partially offset by more conservative revenue growth expectations.
Narrative Update Nov 22

4324: International Business Sale Could Expose Shares To Significant Downside Risk

Narrative Update on Dentsu Group: Analyst Price Target Rises Analysts have raised their fair value estimate for Dentsu Group from ¥3,070 to ¥3,121.25, citing improved revenue growth prospects and higher profitability expectations. What's in the News Dentsu is evaluating the sale of its international business, which could raise several billion dollars if successful (Financial Times).
Analysis Article Aug 17

Dentsu Group Inc. (TSE:4324) Just Reported Earnings, And Analysts Cut Their Target Price

TSE:4324 1 Year Share Price vs Fair Value Explore Dentsu Group's Fair Values from the Community and select yours...
Narrative Update Aug 16

Investing In Integrated Growth Solutions And Modern Media Will Drive Competitiveness In Future Markets

Despite an improved revenue growth outlook and a lower forward P/E multiple, the consensus analyst price target for Dentsu Group has been reduced from ¥3,275 to ¥3,095. What's in the News Dentsu Group's board is set to discuss a revision of the full-year consolidated earnings forecast and the dividend of surplus.
Analysis Article Aug 05

Some Confidence Is Lacking In Dentsu Group Inc.'s (TSE:4324) P/S

There wouldn't be many who think Dentsu Group Inc.'s ( TSE:4324 ) price-to-sales (or "P/S") ratio of 0.6x is worth a...
Analysis Article Jul 14

Returns Are Gaining Momentum At Dentsu Group (TSE:4324)

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
User avatar
New Narrative Dec 03

AI And Merkury For Media Launch Fuel Growth In Key Markets

Strategic focus on data, technology, AI, and major markets like Japan and the US aims for revenue growth and enhanced service models.

Shareholder Returns

4324JP MediaJP Market
7D0.3%0.3%-0.5%
1Y-2.1%4.0%41.3%

Return vs Industry: 4324 underperformed the JP Media industry which returned 4% over the past year.

Return vs Market: 4324 underperformed the JP Market which returned 41.3% over the past year.

Price Volatility

Is 4324's price volatile compared to industry and market?
4324 volatility
4324 Average Weekly Movement5.6%
Media Industry Average Movement5.0%
Market Average Movement5.0%
10% most volatile stocks in JP Market9.7%
10% least volatile stocks in JP Market2.5%

Stable Share Price: 4324 has not had significant price volatility in the past 3 months compared to the JP market.

Volatility Over Time: 4324's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
190167,454Takeshi Sanowww.group.dentsu.com

Dentsu Group Inc. operates in the advertising business in Japan, the Americas, Europe, the Middle East and Africa, and the Asia Pacific. The company offers advertising services, including newspapers, magazines, radio, television, internet, sales promotions, movies; and content services. It also provides illustrations, outdoor advertising, transportation advertising, and other types of advertising, as well as planning, production, marketing, PR, and other related services.

Dentsu Group Inc. Fundamentals Summary

How do Dentsu Group's earnings and revenue compare to its market cap?
4324 fundamental statistics
Market capJP¥810.17b
Earnings (TTM)-JP¥293.72b
Revenue (TTM)JP¥1.45t
0.5x
P/S Ratio
-2.7x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
4324 income statement (TTM)
RevenueJP¥1.45t
Cost of RevenueJP¥241.91b
Gross ProfitJP¥1.21t
Other ExpensesJP¥1.50t
Earnings-JP¥293.72b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-1.13k
Gross Margin83.28%
Net Profit Margin-20.30%
Debt/Equity Ratio94.6%

How did 4324 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 15:50
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Dentsu Group Inc. is covered by 22 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yoshitaka NagaoBofA Global Research
Mitsunobu TsuruoCitigroup Inc
Hideo NodaCLSA