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9412

SKY Perfect JSAT Holdings TSE:9412 Stock Report

Last Price

JP¥468.00

Market Cap

JP¥135.9b

7D

2.6%

1Y

8.1%

Updated

15 May, 2022

Data

Company Financials +
9412 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends6/6

9412 Stock Overview

SKY Perfect JSAT Holdings Inc. provides satellite-based multichannel pay TV and satellite communications services primarily in Asia.

SKY Perfect JSAT Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for SKY Perfect JSAT Holdings
Historical stock prices
Current Share PriceJP¥468.00
52 Week HighJP¥468.00
52 Week LowJP¥398.00
Beta0.59
1 Month Change13.87%
3 Month Change3.54%
1 Year Change8.08%
3 Year Change13.04%
5 Year Change-6.40%
Change since IPO-29.62%

Recent News & Updates

Shareholder Returns

9412JP MediaJP Market
7D2.6%-5.5%-2.7%
1Y8.1%-4.6%-2.5%

Return vs Industry: 9412 exceeded the JP Media industry which returned -4.6% over the past year.

Return vs Market: 9412 exceeded the JP Market which returned -2.5% over the past year.

Price Volatility

Is 9412's price volatile compared to industry and market?
9412 volatility
9412 Average Weekly Movement3.8%
Media Industry Average Movement4.9%
Market Average Movement4.5%
10% most volatile stocks in JP Market8.9%
10% least volatile stocks in JP Market2.5%

Stable Share Price: 9412 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 9412's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985846Eiichi Yonekurahttps://www.skyperfectjsat.space

SKY Perfect JSAT Holdings Inc. provides satellite-based multichannel pay TV and satellite communications services primarily in Asia. The company operates through Media Business and Space Business segments. The Media Business segment offers platform services, such as customer management activities to broadcasting businesses; and delivers broadcasting services through communication satellites and fiber optic networks.

SKY Perfect JSAT Holdings Fundamentals Summary

How do SKY Perfect JSAT Holdings's earnings and revenue compare to its market cap?
9412 fundamental statistics
Market CapJP¥135.86b
Earnings (TTM)JP¥14.58b
Revenue (TTM)JP¥119.63b

9.3x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
9412 income statement (TTM)
RevenueJP¥119.63b
Cost of RevenueJP¥68.30b
Gross ProfitJP¥51.33b
Other ExpensesJP¥36.75b
EarningsJP¥14.58b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)50.22
Gross Margin42.91%
Net Profit Margin12.19%
Debt/Equity Ratio35.1%

How did 9412 perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

36%

Payout Ratio

Valuation

Is SKY Perfect JSAT 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


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 9412 (¥468) is trading below our estimate of fair value (¥1731.73)

Significantly Below Fair Value: 9412 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 9412 is good value based on its PE Ratio (9.3x) compared to the JP Media industry average (15.5x).

PE vs Market: 9412 is good value based on its PE Ratio (9.3x) compared to the JP market (12.1x).


Price to Earnings Growth Ratio

PEG Ratio: 9412 is poor value based on its PEG Ratio (7.3x)


Price to Book Ratio

PB vs Industry: 9412 is good value based on its PB Ratio (0.6x) compared to the JP Media industry average (1.5x).


Future Growth

How is SKY Perfect JSAT Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


1.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 9412's forecast earnings growth (1.3% per year) is above the savings rate (0.02%).

Earnings vs Market: 9412's earnings (1.3% per year) are forecast to grow slower than the JP market (8.8% per year).

High Growth Earnings: 9412's earnings are forecast to grow, but not significantly.

Revenue vs Market: 9412's revenue (0.3% per year) is forecast to grow slower than the JP market (4.2% per year).

High Growth Revenue: 9412's revenue (0.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 9412's Return on Equity is forecast to be low in 3 years time (5.7%).


Past Performance

How has SKY Perfect JSAT Holdings performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-1.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 9412 has high quality earnings.

Growing Profit Margin: 9412's current net profit margins (12.2%) are higher than last year (9.6%).


Past Earnings Growth Analysis

Earnings Trend: 9412's earnings have declined by 1% per year over the past 5 years.

Accelerating Growth: 9412's earnings growth over the past year (9.2%) exceeds its 5-year average (-1% per year).

Earnings vs Industry: 9412 earnings growth over the past year (9.2%) underperformed the Media industry 48.6%.


Return on Equity

High ROE: 9412's Return on Equity (6.1%) is considered low.


Financial Health

How is SKY Perfect JSAT 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: 9412's short term assets (¥206.3B) exceed its short term liabilities (¥51.7B).

Long Term Liabilities: 9412's short term assets (¥206.3B) exceed its long term liabilities (¥83.4B).


Debt to Equity History and Analysis

Debt Level: 9412 has more cash than its total debt.

Reducing Debt: 9412's debt to equity ratio has reduced from 38.7% to 35.1% over the past 5 years.

Debt Coverage: 9412's debt is well covered by operating cash flow (42.8%).

Interest Coverage: 9412 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is SKY Perfect JSAT Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


3.85%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 9412's dividend (3.85%) is higher than the bottom 25% of dividend payers in the JP market (1.61%).

High Dividend: 9412's dividend (3.85%) is in the top 25% of dividend payers in the JP market (3.61%)


Stability and Growth of Payments

Stable Dividend: 9412's dividends per share have been stable in the past 10 years.

Growing Dividend: 9412's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (36.4%), 9412's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (18.6%), 9412'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?

2.1yrs

Average management tenure


CEO

Eiichi Yonekura (64 yo)

3.08yrs

Tenure

Mr. Eiichi Yonekura has been President and Chief Executive Officer at SKY Perfect JSAT Corporation since April 01, 2019. Mr. Yonekura is Representative Director at SKY Perfect JSAT Holdings Inc. since 2018...


Leadership Team

Experienced Management: 9412's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: 9412's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


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

SKY Perfect JSAT Holdings Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: SKY Perfect JSAT Holdings Inc.
  • Ticker: 9412
  • Exchange: TSE
  • Founded: 1985
  • Industry: Cable and Satellite
  • Sector: Media
  • Implied Market Cap: JP¥135.860b
  • Shares outstanding: 290.30m
  • Website: https://www.skyperfectjsat.space

Number of Employees


Location

  • SKY Perfect JSAT Holdings Inc.
  • AKASAKA INTERCITY AIR
  • 8-1, Akasaka 1-chome
  • Minato
  • Tokyo
  • 107-0052
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/15 00:00
End of Day Share Price2022/05/13 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.