The Nippon Television Holdings, Inc. (TSE:9404) Interim Results Are Out And Analysts Have Published New Forecasts

Nippon Television Holdings, Inc. (TSE:9404) last week reported its latest half-yearly results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations. Results overall were respectable, with statutory earnings of JP¥136 per share roughly in line with what the analysts had forecast. Revenues of JP¥217b came in 3.8% ahead of analyst predictions. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

See our latest analysis for Nippon Television Holdings

Taking into account the latest results, Nippon Television Holdings' six analysts currently expect revenues in 2025 to be JP¥445.0b, approximately in line with the last 12 months. Per-share earnings are expected to accumulate 7.5% to JP¥158. Yet prior to the latest earnings, the analysts had been anticipated revenues of JP¥444.0b and earnings per share (EPS) of JP¥155 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

It will come as no surprise then, to learn that the consensus price target is largely unchanged at JP¥2,400. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. There are some variant perceptions on Nippon Television Holdings, with the most bullish analyst valuing it at JP¥2,900 and the most bearish at JP¥2,140 per share. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that Nippon Television Holdings' revenue growth is expected to slow, with the forecast 0.3% annualised growth rate until the end of 2025 being well below the historical 0.7% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 3.8% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Nippon Television Holdings.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Nippon Television Holdings' revenue is expected to perform worse than the wider industry. The consensus price target held steady at JP¥2,400, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Nippon Television Holdings analysts - going out to 2027, and you can see them free on our platform here.

We also provide an overview of the Nippon Television Holdings Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.