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9409

TVhi Holdings TSE:9409 Stock Report

Last Price

JP¥1.46k

Market Cap

JP¥149.3b

7D

-3.2%

1Y

-22.7%

Updated

17 May, 2022

Data

Company Financials +
9409 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends5/6

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

Summary of all time highs, changes and price drops for TVhi Holdings
Historical stock prices
Current Share PriceJP¥1,461.00
52 Week HighJP¥1,935.00
52 Week LowJP¥1,419.00
Beta0.58
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

Shareholder Returns

9409JP MediaJP Market
7D-3.2%-2.0%-0.02%
1Y-22.7%-5.1%-3.6%

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.

Price Volatility

Is 9409's price volatile compared to industry and market?
9409 volatility
9409 Average Weekly Movement3.3%
Media Industry Average Movement5.0%
Market Average Movement4.6%
10% most volatile stocks in JP Market9.1%
10% least volatile stocks in JP Market2.5%

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

FoundedEmployeesCEOWebsite
19575,332Hiroshi Hayakawahttps://www.tv-asahihd.co.jp

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

How do TVhi Holdings's earnings and revenue compare to its market cap?
9409 fundamental statistics
Market CapJP¥149.35b
Earnings (TTM)JP¥21.00b
Revenue (TTM)JP¥298.28b

7.1x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
9409 income statement (TTM)
RevenueJP¥298.28b
Cost of RevenueJP¥211.29b
Gross ProfitJP¥86.98b
Other ExpensesJP¥65.98b
EarningsJP¥21.00b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

May 17, 2022

Earnings per share (EPS)206.69
Gross Margin29.16%
Net Profit Margin7.04%
Debt/Equity Ratio0.0%

How did 9409 perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

19%

Payout Ratio

Valuation

Is TVhi Holdings undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


47.0%

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).


Future Growth

How is TVhi Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-2.9%

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%).


Past Performance

How has TVhi Holdings performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


5.0%

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.


Financial Health

How is TVhi Holdings's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

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.


Balance Sheet


Dividend

What is TVhi Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.74%

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.


Next Steps

Management

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


CEO

Hiroshi Hayakawa (77 yo)

no data

Tenure

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...


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

TV Asahi Holdings Corporation's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • TV Asahi Holdings Corporation
  • 6-9-1, Roppongi
  • Minato-ku
  • Tokyo
  • 106-8001
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/17 00:00
End of Day Share Price2022/05/17 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.