TSE:9437

Stock Analysis Report

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Executive Summary

NTT DOCOMO, INC., a telecommunications company, provides various mobile services in Japan and internationally. More Details


Snowflake Analysis

Flawless balance sheet average dividend payer.


Similar Companies

Share Price & News

How has NTT DOCOMO's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 9437's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.05%

9437

-1.4%

JP Wireless Telecom

-2.2%

JP Market


1 Year Return

29.0%

9437

18.2%

JP Wireless Telecom

-3.6%

JP Market

Return vs Industry: 9437 exceeded the JP Wireless Telecom industry which returned 18.2% over the past year.

Return vs Market: 9437 exceeded the JP Market which returned -3.6% over the past year.


Shareholder returns

9437IndustryMarket
7 Day-0.05%-1.4%-2.2%
30 Day0.05%2.7%-2.2%
90 Day33.7%4.0%6.7%
1 Year34.3%29.0%22.7%18.2%-1.2%-3.6%
3 Year59.3%41.3%34.1%23.7%-2.7%-9.5%
5 Year90.2%58.4%69.5%48.9%17.3%4.2%

Price Volatility Vs. Market

How volatile is NTT DOCOMO's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

1.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 9437 (¥3887) is trading below our estimate of fair value (¥3950.02)

Significantly Below Fair Value: 9437 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 9437 is poor value based on its PE Ratio (21.3x) compared to the JP Wireless Telecom industry average (16.9x).

PE vs Market: 9437 is poor value based on its PE Ratio (21.3x) compared to the JP market (16x).


Price to Earnings Growth Ratio

PEG Ratio: 9437 is poor value based on its PEG Ratio (8.9x)


Price to Book Ratio

PB vs Industry: 9437 is good value based on its PB Ratio (2.4x) compared to the JP Wireless Telecom industry average (3.8x).


Next Steps

Future Growth

How is NTT DOCOMO forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

2.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 9437's forecast earnings growth (2.4% per year) is above the savings rate (0.05%).

Earnings vs Market: 9437's earnings (2.4% per year) are forecast to grow slower than the JP market (17.1% per year).

High Growth Earnings: 9437's earnings are forecast to grow, but not significantly.

Revenue vs Market: 9437's revenue (1.7% per year) is forecast to grow slower than the JP market (5.2% per year).

High Growth Revenue: 9437's revenue (1.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 9437's Return on Equity is forecast to be low in 3 years time (12.1%).


Next Steps

Past Performance

How has NTT DOCOMO performed over the past 5 years?

4.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 9437 has high quality earnings.

Growing Profit Margin: 9437's current net profit margins (13%) are lower than last year (13.2%).


Past Earnings Growth Analysis

Earnings Trend: 9437's earnings have grown by 4.4% per year over the past 5 years.

Accelerating Growth: 9437's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 9437 had negative earnings growth (-6.7%) over the past year, making it difficult to compare to the Wireless Telecom industry average (6%).


Return on Equity

High ROE: 9437's Return on Equity (11.3%) is considered low.


Next Steps

Financial Health

How is NTT DOCOMO's financial position?


Financial Position Analysis

Short Term Liabilities: 9437's short term assets (¥2,460.3B) exceed its short term liabilities (¥1,412.0B).

Long Term Liabilities: 9437's short term assets (¥2,460.3B) exceed its long term liabilities (¥613.1B).


Debt to Equity History and Analysis

Debt Level: 9437's debt to equity ratio (0.9%) is considered satisfactory.

Reducing Debt: 9437's debt to equity ratio has reduced from 5.8% to 0.9% over the past 5 years.

Debt Coverage: 9437's debt is well covered by operating cash flow (2637.3%).

Interest Coverage: 9437 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is NTT DOCOMO current dividend yield, its reliability and sustainability?

3.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 9437's dividend (3.22%) is higher than the bottom 25% of dividend payers in the JP market (1.36%).

High Dividend: 9437's dividend (3.22%) is low compared to the top 25% of dividend payers in the JP market (3.27%).


Stability and Growth of Payments

Stable Dividend: 9437's dividends per share have been stable in the past 10 years.

Growing Dividend: 9437's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (65.9%), 9437's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

4.3yrs

Average management tenure


CEO

Kazuhiro Yoshizawa (65 yo)

4.25yrs

Tenure

Mr. Kazuhiro Yoshizawa has been the President and Chief Executive Officer of NTT DOCOMO, Inc. since June 16, 2016 and entered NTT Public Corporation in April, 1979. Mr. Yoshizawa served as Executive Genera ...


Leadership Team

NamePositionTenureCompensationOwnership
Kazuhiro Yoshizawa
President4.25yrsno data0.0012%
¥ 146.8m
Rakshit Kapoor
Head of Indian Operations4.25yrsno datano data
Keisuke Yoshizawa
Managing Director of Investor Relations Departmentno datano datano data
Makoto Tani
Senior VP & Executive GM of Tokai Regional Officeno datano datano data
Seiji Maruyama
Senior EVP4.25yrsno data0.00036%
¥ 45.2m
Ken Yoshizaki
Senior VP & GM of Financial Business Departmentno datano datano data
Tomohisa Ueno
Senior VP & Executive GM of Chugoku Regional Officeno datano datano data
Katsuyuki Takagi
Senior VP & Executive GM of Global Business Divisionno datano datano data
Michio Fujiwara
Executive VP1.25yrsno data0.00020%
¥ 25.1m
Hikaru Kawachiyama
Senior VP & GM of Tokyo Branch4.25yrsno datano data
Koichi Takahara
Senior VP & Executive GM of Kansai Regional Office4.25yrsno datano data
Taku Yamazaki
Senior VP & Executive GM of Kyushu Regional Office4.25yrsno datano data

4.3yrs

Average Tenure

59yo

Average Age

Experienced Management: 9437's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kazuhiro Yoshizawa
President4.25yrsno data0.0012%
¥ 146.8m
Seiji Maruyama
Senior EVP4.25yrsno data0.00036%
¥ 45.2m
Michio Fujiwara
Executive VP1.25yrsno data0.00020%
¥ 25.1m
Mayumi Tateishi
Senior VP1.25yrsno data0.00013%
¥ 16.3m
Takashi Hiroi
Senior VP & Director0.25yrno datano data
Motoyuki Li
Senior EVP & Representative Director0.25yrno datano data
Taizo Nishimuro
Member of Advisory Boardno datano datano data
Jitsuro Terashima
Member of Advisory Boardno datano datano data
Masaaki Shintaku
Director0.25yrno datano data
Shoji Suto
Director6.25yrsno data0.00051%
¥ 64.0m
Motoshige Itoh
Member of Advisory Boardno datano datano data
Kohda Main
Member of Advisory Boardno datano datano data

1.3yrs

Average Tenure

63yo

Average Age

Experienced Board: 9437's board of directors are not considered experienced ( 1.3 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

NTT DOCOMO, INC.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NTT DOCOMO, INC.
  • Ticker: 9437
  • Exchange: TSE
  • Founded: 1991
  • Industry: Wireless Telecommunication Services
  • Sector: Telecom
  • Market Cap: JP¥12.550t
  • Shares outstanding: 3.23b
  • Website: https://www.nttdocomo.co.jp

Number of Employees


Location

  • NTT DOCOMO, INC.
  • Sanno Park Tower
  • 11-1, Nagata-cho 2-chome
  • Tokyo
  • 100-6150
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
9437TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYOct 1998
NTDM.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDOct 1998
MCNDB (Deutsche Boerse AG)YesCommon StockDEEUROct 1998
DCMY.YOTCPK (Pink Sheets LLC)SPONSORED ADSUSUSDMar 2002
MCNADB (Deutsche Boerse AG)SPONSORED ADSDEEURMar 2002

Biography

NTT DOCOMO, INC., a telecommunications company, provides various mobile services in Japan and internationally. It operates through three segments: Telecommunications Business, Smart Life Business, and Othe ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/31 15:28
End of Day Share Price2020/10/30 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.