9409 Stock Overview
TV Asahi Holdings Corporation, through its subsidiaries, engages in television (TV) broadcasting business in Japan and internationally.
TVhi Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥1,461.00|
|52 Week High||JP¥1,935.00|
|52 Week Low||JP¥1,419.00|
|1 Month Change||-0.068%|
|3 Month Change||-12.83%|
|1 Year Change||-22.70%|
|3 Year Change||-20.68%|
|5 Year Change||-27.35%|
|Change since IPO||-62.54%|
Recent News & Updates
|9409||JP Media||JP Market|
Return vs Industry: 9409 underperformed the JP Media industry which returned -5.1% over the past year.
Return vs Market: 9409 underperformed the JP Market which returned -3.6% over the past year.
|9409 Average Weekly Movement||3.3%|
|Media Industry Average Movement||5.0%|
|Market Average Movement||4.6%|
|10% most volatile stocks in JP Market||9.1%|
|10% least volatile stocks in JP Market||2.5%|
Stable Share Price: 9409 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 9409's weekly volatility (3%) has been stable over the past year.
About the Company
TV Asahi Holdings Corporation, through its subsidiaries, engages in television (TV) broadcasting business in Japan and internationally. The company operates through TV Broadcasting Business, Music Publication Business, and Other Businesses segments. Its TV broadcasting business comprises time sales, spot sales, special programs, and sports broadcast activities; and other businesses include internet-related businesses, TV shopping programs, and special events.
TVhi Holdings Fundamentals Summary
|9409 fundamental statistics|
Is 9409 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|9409 income statement (TTM)|
|Cost of Revenue||JP¥211.29b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
May 17, 2022
|Earnings per share (EPS)||206.69|
|Net Profit Margin||7.04%|
How did 9409 perform over the long term?See historical performance and comparison
2.7%Current Dividend Yield
Is TVhi Holdings undervalued compared to its fair value and its price relative to the market?
Valuation Score 5/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 9409 (¥1461) is trading below our estimate of fair value (¥2757.66)
Significantly Below Fair Value: 9409 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 9409 is good value based on its PE Ratio (7.1x) compared to the JP Media industry average (13.6x).
PE vs Market: 9409 is good value based on its PE Ratio (7.1x) compared to the JP market (12.1x).
Price to Earnings Growth Ratio
PEG Ratio: 9409's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 9409 is good value based on its PB Ratio (0.4x) compared to the JP Media industry average (1.6x).
How is TVhi Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 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 annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 9409's earnings are forecast to decline over the next 3 years (-2.9% per year).
Earnings vs Market: 9409's earnings are forecast to decline over the next 3 years (-2.9% per year).
High Growth Earnings: 9409's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 9409's revenue (1.8% per year) is forecast to grow slower than the JP market (4.1% per year).
High Growth Revenue: 9409's revenue (1.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 9409's Return on Equity is forecast to be low in 3 years time (4.3%).
How has TVhi Holdings performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 9409 has high quality earnings.
Growing Profit Margin: 9409's current net profit margins (7%) are higher than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: 9409's earnings have grown by 5% per year over the past 5 years.
Accelerating Growth: 9409's earnings growth over the past year (66.7%) exceeds its 5-year average (5% per year).
Earnings vs Industry: 9409 earnings growth over the past year (66.7%) exceeded the Media industry 55.1%.
Return on Equity
High ROE: 9409's Return on Equity (5.4%) is considered low.
How is TVhi Holdings's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 9409's short term assets (¥178.5B) exceed its short term liabilities (¥69.5B).
Long Term Liabilities: 9409's short term assets (¥178.5B) exceed its long term liabilities (¥36.1B).
Debt to Equity History and Analysis
Debt Level: 9409 is debt free.
Reducing Debt: 9409 has no debt compared to 5 years ago when its debt to equity ratio was 1.3%.
Debt Coverage: 9409 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 9409 has no debt, therefore coverage of interest payments is not a concern.
What is TVhi Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 9409's dividend (2.74%) is higher than the bottom 25% of dividend payers in the JP market (1.62%).
High Dividend: 9409's dividend (2.74%) is low compared to the top 25% of dividend payers in the JP market (3.65%).
Stability and Growth of Payments
Stable Dividend: 9409's dividends per share have been stable in the past 10 years.
Growing Dividend: 9409's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.3%), 9409's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (17.9%), 9409's dividend payments are well covered by cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Hiroshi Hayakawa (77 yo)
Mr. Hiroshi Hayakawa serves as the Chairman of the Board and Chief Executive Officer of TV Asahi Holdings Corporation. Mr. Hayakawa served as the President of TV Asahi Corp. (formerly, National Asahi Broad...
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.
TV Asahi Holdings Corporation's employee growth, exchange listings and data sources
- Name: TV Asahi Holdings Corporation
- Ticker: 9409
- Exchange: TSE
- Founded: 1957
- Industry: Broadcasting
- Sector: Media
- Implied Market Cap: JP¥149.350b
- Shares outstanding: 101.60m
- Website: https://www.tv-asahihd.co.jp
Number of Employees
- TV Asahi Holdings Corporation
- 6-9-1, Roppongi
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/17 00:00|
|End of Day Share Price||2022/05/17 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.