TBS Holdings,Inc.

TSE:9401 Stock Report

Market Cap: JP¥597.4b

TBS HoldingsInc Valuation

Is 9401 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 9401 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 9401 (¥3694) is trading below our estimate of fair value (¥8308.86)

Significantly Below Fair Value: 9401 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 9401?

Key metric: As 9401 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 9401. This is calculated by dividing 9401's market cap by their current earnings.
What is 9401's PE Ratio?
PE Ratio9.7x
EarningsJP¥61.87b
Market CapJP¥597.40b

Price to Earnings Ratio vs Peers

How does 9401's PE Ratio compare to its peers?

The above table shows the PE ratio for 9401 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.9x
9404 Nippon Television Holdings
15.8x4.9%JP¥582.9b
4676 Fuji Media Holdings
9x1.6%JP¥357.9b
9409 TVhi Holdings
11.8x3.3%JP¥214.4b
9413 TV TOKYO Holdings
14.9x10.9%JP¥81.3b
9401 TBS HoldingsInc
9.7x-6.9%JP¥597.4b

Price-To-Earnings vs Peers: 9401 is good value based on its Price-To-Earnings Ratio (9.7x) compared to the peer average (12.9x).

Price to Earnings Ratio vs Industry

How does 9401's PE Ratio compare vs other companies in the JP Media Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
9401 9.7xIndustry Avg. 15.7xNo. of Companies13PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 9401 is good value based on its Price-To-Earnings Ratio (9.7x) compared to the JP Media industry average (15.4x).

Price to Earnings Ratio vs Fair Ratio

What is 9401's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

9401 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.7x
Fair PE Ratio18.9x

Price-To-Earnings vs Fair Ratio: 9401 is good value based on its Price-To-Earnings Ratio (9.7x) compared to the estimated Fair Price-To-Earnings Ratio (18.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 9401 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentJP¥3,694.00
JP¥4,496.67
+21.7%
11.3%JP¥5,250.00JP¥3,800.00n/a6
Nov ’25JP¥3,680.00
JP¥4,433.33
+20.5%
12.8%JP¥5,250.00JP¥3,770.00n/a6
Oct ’25JP¥3,966.00
JP¥4,433.33
+11.8%
12.8%JP¥5,250.00JP¥3,770.00n/a6
Sep ’25JP¥4,037.00
JP¥4,350.00
+7.8%
13.4%JP¥5,250.00JP¥3,700.00n/a6
Aug ’25JP¥4,171.00
JP¥4,440.00
+6.4%
13.3%JP¥5,250.00JP¥3,700.00n/a6
Jul ’25JP¥4,132.00
JP¥4,440.00
+7.5%
13.3%JP¥5,250.00JP¥3,700.00n/a6
Jun ’25JP¥3,673.00
JP¥4,281.67
+16.6%
19.6%JP¥5,250.00JP¥2,750.00n/a6
May ’25JP¥4,046.00
JP¥4,225.00
+4.4%
20.4%JP¥5,250.00JP¥2,750.00n/a6
Apr ’25JP¥4,331.00
JP¥3,730.00
-13.9%
14.1%JP¥4,200.00JP¥2,750.00n/a5
Mar ’25JP¥4,057.00
JP¥3,730.00
-8.1%
14.1%JP¥4,200.00JP¥2,750.00n/a5
Feb ’25JP¥3,512.00
JP¥3,278.00
-6.7%
18.5%JP¥4,180.00JP¥2,600.00n/a5
Jan ’25JP¥2,999.00
JP¥2,930.00
-2.3%
19.0%JP¥3,780.00JP¥2,300.00n/a4
Dec ’24JP¥2,856.50
JP¥2,646.67
-7.3%
11.5%JP¥3,040.00JP¥2,300.00n/a3
Nov ’24JP¥2,511.00
JP¥2,713.33
+8.1%
11.4%JP¥3,040.00JP¥2,300.00JP¥3,680.003
Oct ’24JP¥2,514.50
JP¥2,713.33
+7.9%
11.4%JP¥3,040.00JP¥2,300.00JP¥3,966.003
Sep ’24JP¥2,664.00
JP¥2,713.33
+1.9%
11.4%JP¥3,040.00JP¥2,300.00JP¥4,037.003
Aug ’24JP¥2,725.50
JP¥2,550.00
-6.4%
9.8%JP¥2,800.00JP¥2,300.00JP¥4,171.002
Jul ’24JP¥2,622.00
JP¥2,000.00
-23.7%
15.0%JP¥2,300.00JP¥1,700.00JP¥4,132.002
Jun ’24JP¥2,278.00
JP¥1,693.33
-25.7%
5.3%JP¥1,800.00JP¥1,580.00JP¥3,673.003
May ’24JP¥2,057.00
JP¥1,693.33
-17.7%
5.3%JP¥1,800.00JP¥1,580.00JP¥4,046.003
Apr ’24JP¥1,905.00
JP¥1,610.00
-15.5%
4.0%JP¥1,700.00JP¥1,550.00JP¥4,331.003
Mar ’24JP¥1,782.00
JP¥1,595.00
-10.5%
3.9%JP¥1,700.00JP¥1,550.00JP¥4,057.004
Feb ’24JP¥1,522.00
JP¥1,595.00
+4.8%
3.9%JP¥1,700.00JP¥1,550.00JP¥3,512.004
Jan ’24JP¥1,532.00
JP¥1,614.00
+5.4%
4.2%JP¥1,700.00JP¥1,550.00JP¥2,999.005
Dec ’23JP¥1,552.00
JP¥1,748.00
+12.6%
16.0%JP¥2,300.00JP¥1,550.00JP¥2,856.505
Nov ’23JP¥1,557.00
JP¥1,800.00
+15.6%
14.9%JP¥2,300.00JP¥1,550.00JP¥2,511.005

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

Trenders

JP¥7.5b

Engages in the marketing and investment business in Japan.

6069

JP¥956.00

7D

1.9%

1Y

-22.2%

Dentsu Group

JP¥976.0b

Operates in the advertising business in Japan and internationally.

4324

JP¥3,744.00

7D

-8.6%

1Y

-6.7%

Akatsuki

JP¥34.2b

Engages in the game, comic, and other businesses primarily in Japan.

3932

JP¥2,371.00

7D

8.6%

1Y

7.2%