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9413

TV TOKYO Holdings TSE:9413 Stock Report

Last Price

JP¥1.94k

Market Cap

JP¥53.6b

7D

-1.5%

1Y

-8.2%

Updated

23 May, 2022

Data

Company Financials +
9413 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends5/6

9413 Stock Overview

TV TOKYO Holdings Corporation operates as a broadcasting holding company in Japan.

TV TOKYO Holdings Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for TV TOKYO Holdings
Historical stock prices
Current Share PriceJP¥1,944.00
52 Week HighJP¥2,309.00
52 Week LowJP¥1,912.00
Beta0.066
1 Month Change-2.31%
3 Month Change-7.43%
1 Year Change-8.17%
3 Year Change-16.24%
5 Year Change-15.88%
Change since IPO23.27%

Recent News & Updates

Shareholder Returns

9413JP MediaJP Market
7D-1.5%-1.5%0.7%
1Y-8.2%-8.3%-2.9%

Return vs Industry: 9413 matched the JP Media industry which returned -8.3% over the past year.

Return vs Market: 9413 underperformed the JP Market which returned -2.9% over the past year.

Price Volatility

Is 9413's price volatile compared to industry and market?
9413 volatility
9413 Average Weekly Movement2.4%
Media Industry Average Movement5.3%
Market Average Movement4.6%
10% most volatile stocks in JP Market9.1%
10% least volatile stocks in JP Market2.5%

Stable Share Price: 9413 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: 9413's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20101,618Ichiro Ishikawahttps://www.txhd.co.jp

TV TOKYO Holdings Corporation operates as a broadcasting holding company in Japan. The company is involved in terrestrial, BS digital, CS, and internet/mobile broadcasting; planning and production of musical compositions and programs, and animation programs; copyright management; the planning and sale of packaged software; and the preparation of commercial broadcast. It also offers closed captioned and for-sale editing; TV and internet communications, advertising, and insurance agency; broadcast preparation, media and sports editing, and archive services; facilities management; and plans and produces art equipment, and broadcast programming.

TV TOKYO Holdings Fundamentals Summary

How do TV TOKYO Holdings's earnings and revenue compare to its market cap?
9413 fundamental statistics
Market CapJP¥53.61b
Earnings (TTM)JP¥6.02b
Revenue (TTM)JP¥148.07b

8.9x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
9413 income statement (TTM)
RevenueJP¥148.07b
Cost of RevenueJP¥101.81b
Gross ProfitJP¥46.26b
Other ExpensesJP¥40.24b
EarningsJP¥6.02b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)218.44
Gross Margin31.24%
Net Profit Margin4.07%
Debt/Equity Ratio5.7%

How did 9413 perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

19%

Payout Ratio

Valuation

Is TV TOKYO 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


48.6%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 9413 (¥1944) is trading below our estimate of fair value (¥3780.5)

Significantly Below Fair Value: 9413 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 9413 is good value based on its PE Ratio (8.9x) compared to the JP Media industry average (13.6x).

PE vs Market: 9413 is good value based on its PE Ratio (8.9x) compared to the JP market (12.2x).


Price to Earnings Growth Ratio

PEG Ratio: 9413 is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: 9413 is good value based on its PB Ratio (0.6x) compared to the JP Media industry average (1.5x).


Future Growth

How is TV TOKYO Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 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


8.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 9413's forecast earnings growth (8.4% per year) is above the savings rate (0.02%).

Earnings vs Market: 9413's earnings (8.4% per year) are forecast to grow slower than the JP market (8.8% per year).

High Growth Earnings: 9413's earnings are forecast to grow, but not significantly.

Revenue vs Market: 9413's revenue (2.9% per year) is forecast to grow slower than the JP market (4% per year).

High Growth Revenue: 9413's revenue (2.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 9413's Return on Equity is forecast to be low in 3 years time (7.3%).


Past Performance

How has TV TOKYO Holdings performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-2.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 9413 has high quality earnings.

Growing Profit Margin: 9413's current net profit margins (4.1%) are higher than last year (1.9%).


Past Earnings Growth Analysis

Earnings Trend: 9413's earnings have declined by 2.8% per year over the past 5 years.

Accelerating Growth: 9413's earnings growth over the past year (133.9%) exceeds its 5-year average (-2.8% per year).

Earnings vs Industry: 9413 earnings growth over the past year (133.9%) exceeded the Media industry 47.6%.


Return on Equity

High ROE: 9413's Return on Equity (6.9%) is considered low.


Financial Health

How is TV TOKYO 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: 9413's short term assets (¥80.2B) exceed its short term liabilities (¥39.8B).

Long Term Liabilities: 9413's short term assets (¥80.2B) exceed its long term liabilities (¥4.4B).


Debt to Equity History and Analysis

Debt Level: 9413 has more cash than its total debt.

Reducing Debt: 9413's debt to equity ratio has reduced from 6.5% to 5.7% over the past 5 years.

Debt Coverage: 9413's debt is well covered by operating cash flow (264.7%).

Interest Coverage: 9413 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is TV TOKYO 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


3.09%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 9413's dividend (3.09%) is higher than the bottom 25% of dividend payers in the JP market (1.64%).

High Dividend: 9413's dividend (3.09%) is low compared to the top 25% of dividend payers in the JP market (3.7%).


Stability and Growth of Payments

Stable Dividend: 9413's dividends per share have been stable in the past 10 years.

Growing Dividend: 9413's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (18.6%), 9413's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (14.3%), 9413's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Management

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

1.2yrs

Average management tenure


CEO

Ichiro Ishikawa (64 yo)

1.92yrs

Tenure

Mr. Ichiro Ishikawa serves as the President and Chief Executive Officer at TV TOKYO Holdings Corporation since June 2020 and served as its Senior Managing Director till 2020. Mr. Ishikawa serves as a Direc...


Leadership Team

Experienced Management: 9413's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: 9413's board of directors are considered experienced (3.4 years average tenure).


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


Key Information

  • Name: TV TOKYO Holdings Corporation
  • Ticker: 9413
  • Exchange: TSE
  • Founded: 2010
  • Industry: Broadcasting
  • Sector: Media
  • Implied Market Cap: JP¥53.611b
  • Shares outstanding: 27.58m
  • Website: https://www.txhd.co.jp

Number of Employees


Location

  • TV TOKYO Holdings Corporation
  • Roppongi Grand Tower 3-2-1
  • Roppongi
  • Tokyo
  • 106-0087
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/23 00:00
End of Day Share Price2022/05/23 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.