TKP (TSE:3479) - Share price, News & Analysis

3479 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

3479 Stock Overview

TKP Corporation provides meeting rooms rental services in Japan and internationally.

Rewards

Trading at 32.2% below our estimate of its fair value

Earnings are forecast to grow 50.19% per year

Risk Analysis

Volatile share price over the past 3 months

Shareholders have been diluted in the past year

TKP Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TKP
Historical stock prices
Current Share Price	JP¥1,745.00
52 Week High	JP¥2,639.00
52 Week Low	JP¥1,108.00
Beta	1.47
1 Month Change	-5.37%
3 Month Change	18.31%
1 Year Change	-26.56%
3 Year Change	-65.72%
5 Year Change	-18.08%
Change since IPO	22.52%

Shareholder Returns

	3479	JP Real Estate	JP Market
7D	3.7%	-20.2%	-0.7%
1Y	-26.6%	-22.0%	-4.2%

Return vs Industry: 3479 underperformed the JP Real Estate industry which returned -22% over the past year.

Return vs Market: 3479 underperformed the JP Market which returned -4.2% over the past year.

Price Volatility

Is 3479's price volatile compared to industry and market?
3479 volatility
3479 Average Weekly Movement	8.0%
Real Estate Industry Average Movement	4.1%
Market Average Movement	4.6%
10% most volatile stocks in JP Market	9.2%
10% least volatile stocks in JP Market	2.5%

Stable Share Price: 3479 is more volatile than 75% of JP stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 3479's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of JP stocks.

About the Company

Founded	Employees	CEO	Website
2005	1,425	Takateru Kawano	https://www.tkp.jp

TKP Corporation provides meeting rooms rental services in Japan and internationally. It also operates hotel banquet halls, business and compact hotels, ryokans, and restaurants. In addition, the company provides outsourcing, travel, party, and catering services; and produces and sells bento.

TKP Fundamentals Summary

How do TKP's earnings and revenue compare to its market cap?
3479 fundamental statistics
Market Cap	JP¥71.37b
Earnings (TTM)	-JP¥3.21b
Revenue (TTM)	JP¥44.69b

1.6x

P/S Ratio

-22.7x

P/E Ratio

Is 3479 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
3479 income statement (TTM)
Revenue	JP¥44.69b
Cost of Revenue	JP¥32.61b
Gross Profit	JP¥12.07b
Other Expenses	JP¥15.29b
Earnings	-JP¥3.21b

Last Reported Earnings

Feb 28, 2022

Next Earnings Date

Oct 13, 2022

Earnings per share (EPS)	-76.98
Gross Margin	27.02%
Net Profit Margin	-7.19%
Debt/Equity Ratio	134.1%

How did 3479 perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

32.2%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 3479 (¥1745) is trading below our estimate of fair value (¥2573.47)

Significantly Below Fair Value: 3479 is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: 3479 is unprofitable, so we can't compare its PE Ratio to the JP Real Estate industry average.

PE vs Market: 3479 is unprofitable, so we can't compare its PE Ratio to the JP market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3479's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: 3479 is overvalued based on its PB Ratio (1.9x) compared to the JP Real Estate industry average (1x).

Future Growth

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

Future Growth Score

4/6

Future Growth Score 4/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

50.2%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3479 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.02%).

Earnings vs Market: 3479 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 3479's is expected to become profitable in the next 3 years.

Revenue vs Market: 3479's revenue (15.7% per year) is forecast to grow faster than the JP market (4% per year).

High Growth Revenue: 3479's revenue (15.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 3479's Return on Equity is forecast to be low in 3 years time (7.3%).

Past Performance

How has TKP performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-65.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 3479 is currently unprofitable.

Growing Profit Margin: 3479 is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: 3479 is unprofitable, and losses have increased over the past 5 years at a rate of 65.7% per year.

Accelerating Growth: Unable to compare 3479's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 3479 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (15.3%).

Return on Equity

High ROE: 3479 has a negative Return on Equity (-7.95%), as it is currently unprofitable.

Financial Health

How is TKP's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: 3479's short term assets (¥22.8B) exceed its short term liabilities (¥20.2B).

Long Term Liabilities: 3479's short term assets (¥22.8B) do not cover its long term liabilities (¥51.4B).

Debt to Equity History and Analysis

Debt Level: 3479's net debt to equity ratio (99.1%) is considered high.

Reducing Debt: 3479's debt to equity ratio has reduced from 370.4% to 134.1% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 3479 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 3479 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.

Dividend

What is TKP current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 3479's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 3479's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.

Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 3479's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 3479's dividend payments have been increasing.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 3479 has not reported any payouts.

Discover strong dividend paying companies

Management

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

2.2yrs

Average management tenure

CEO

Takateru Kawano (49 yo)

no data

Tenure

Mr. Takateru Kawano is Outside Independent Director of Escrit Inc. since June 2021. Mr. Kawano serves as the Chief Executive Officer and President of TKP Corporation. Mr. Kawano joined one of the Japanese...

Leadership Team

Experienced Management: 3479's management team is considered experienced (2.2 years average tenure).

Board Members

Experienced Board: 3479's board of directors are considered experienced (3 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 been diluted in the past year, with total shares outstanding growing by 5.9%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/20 00:00
End of Day Share Price	2022/05/20 00:00
Earnings	2022/02/28
Annual Earnings	2022/02/28