Loading…
← CockpitCompetitor Analysis › 2326.T Digital Arts Inc.Open in the cockpit ↗

Digital Arts Inc.2326.TCompetitor analysis, valuation and peers

Japan · JPY·Information Technology›Internet Software/Services
Momentum strong 75
Mkt cap
$461M
US dollars, full cap
Free float
71%
of shares outstanding
$/day
$14.5M
20-day average traded
Fwd P/E
17.6×
forward earnings
ROIC−WACC
n/a
WACC 5.0%
Hurdle
-21 pp
Req g minus delivered
Next earnings
84 days
29 Jan 2027
Close · JPY¥5,180
1D-4.2%
1W-6.2%
1M-3.4%
3M+23.2%
6M-7.5%
YTD-17.1%
1Y-35.2%
ATR %6.0%
52w lowhigh35.6% off high

What Digital Arts does

Employees: 279

Digital Arts at a glance

Size Digital Arts (2326.T) is a Japan Information Technology company (Internet Software/Services) with a market value of $461M, the 1120th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥5,180 on 6 Nov 2026.

Performance Over six months the shares fell 7.5%, against -5.3% for the median peer and +1.8% for the Japan market (cap-weighted) — 10th lowest of 21 in its peer set.

Growth Revenue grew 17.1% over the last twelve months (peer median +6.1%); the operating margin is 46.8% (peer median 2.4%).

Valuation It trades at 17.6× forward earnings against a peer median of 14.7× (6th cheapest of 11).

Price implies For today's price to make sense, revenue must grow about -11% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is -21 pp: the price already allows for a slowdown.

Next results Next results expected around 29 Jan 2027 (exchange calendar; dates can move).

Relative performance

608010012011 May 202611 Aug 20266 Nov 20262326.T 93Peer median 93
Six months, rebased to 100: Digital Arts against the median of its 20 peers (local-currency closes).

Digital Arts financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥11.9B¥10.8B¥9.98B¥11.5B¥10.4B
Revenue growth—+9%-13%+10%—
Gross profit¥8.23B¥7.50B¥7.03B¥6.93B¥6.77B
EBITDA¥6.63B¥5.77B¥5.48B¥5.32B¥5.30B
Net income¥3.94B¥3.43B¥3.18B¥4.38B¥3.06B
Free cash flown/a¥8.24B¥2.79B¥2.75B¥3.09B
Capital expendituren/a¥1.26B¥1.07B¥993M¥867M
Total debtn/a¥0¥0¥0¥0

Quarterly statements and history in the cockpit →

Digital Arts competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-25%0%+25%7366GIBO6183TBLA3009873491PERI002095JUSTDIAL26874819SDR3012995243JMIA6608ZIPCARS2326.T6-month return →1-month return →
Up and to the right = strong over both horizons. Digital Arts is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%+30%0×50×100×7366TBLA3491PERIJUSTDIAL26874819SDR52432326.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Digital Arts is the large dot.

Capital: growth delivered against growth the price implies

0%+200%+400%+600%+800%0%250%500%750%73666183TBLA300987PERI48192326.TGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Digital Arts is the large dot.

Digital Arts competitors and peer comparison

How Digital Arts compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Digital Arts against its 20 peers (data as of 6 Nov 2026)
Measure2326.TPeer medianRank in peer set
1-month return-3.4%-0.9%10th lowest of 21
6-month return-7.5%-5.3%10th lowest of 21
Distance from 52-week high-35.6%-35.8%11th highest of 21
Revenue growth (TTM)+17.1%+6.1%6th highest of 21
Operating margin46.8%2.4%highest of 20
Forward P/E17.6×14.7×6th cheapest of 11
Growth the price implies (Req g, 7 yrs)-10.9%12.6%2nd least demanding of 13
Growth delivered (Del g)+9.7%+8.7%6th highest of 13
Hurdle (Req g minus delivered)-20.6 pp-0.7 pp4th least demanding of 13
EV / EBITDA6.8×30.4×2nd cheapest of 8
Net debt / EBITDA-3.5×-0.7×5th least indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Digital Arts 2326.TJapan$461M-8%+17%47%17.6×-10.9%+9.7%
LITALICO 7366.TJapan$455M+67%+17%13%18.6×8.8%+107.1%
GIBO GIBOUnited States$428M+412%-100%n/an/an/an/a
Trade-Van Information Services 6183.TWTaiwan$406M-3%+8%26%n/a-4.7%+7.7%
Taboola.com TBLAUnited States$540M-62%+2%4%7.3×-7.3%+753.1%
Sichuan Newsnet Media (Group) 300987.SZChina$386M-13%-13%3%n/a16.2%+9.6%
GA technologies 3491.TJapan$375M-6%+28%2%10.9×n/an/a
Perion Network PERIUnited States$370M+3%+3%-4%8.2×-19.5%+6.0%
Zhejiang NetSun 002095.SZChina$583M-5%-2%-2%n/a20.0%+6.6%
Sohu.com Limited Sponsored ADR SOHUUnited States$361M-12%+9%-7%n/an/an/a
Just Dial JUSTDIAL.NSIndia$610M+24%+9%25%10.9×n/an/a
Shanghai Able Digital Science&Tech 2687.HKHong Kong$612M-50%+19%10%20.6×n/an/a
Digital Garage 4819.TJapan$654M-10%+4%-6%61.2×30.0%+7.1%
SiteMinder SDR.AXAustralia$666M+14%+19%-2%94.9×21.9%+21.4%
Sublime China Information 301299.SZChina$318M-35%+10%19%n/a9.0%+10.4%
note 5243.TJapan$315M+5%+32%19%101.5×18.7%+22.1%
Jumia Technologies AG Sponsored ADR JMIAUnited States$676M-29%+27%-27%n/an/an/a
Bairong 6608.HKHong Kong$311M-27%-29%-26%n/an/an/a
ZipRecruiter ZIPUnited States$309M+4%0%0%n/a45.4%+1.4%
Sichuan Hezong Medicine Easy-to-buy Pharmaceutical 300937.SZChina$304M-24%+4%0%n/an/an/a
Cars.com CARSUnited States$715M+14%+1%11%6.2×5.7%+5.7%

Questions

Which companies are Digital Arts's closest peers?
The cockpit's peer set: LITALICO (7366.T), GIBO (GIBO), Trade-Van Information Services (6183.TW), Taboola.com (TBLA), Sichuan Newsnet Media (Group) (300987.SZ), GA technologies (3491.T), Perion Network (PERI), Zhejiang NetSun (002095.SZ).
Is Digital Arts expensive compared with its peers?
On forward p/e it trades at 17.6× against a peer median of 14.7×, 6th cheapest of 11 in its peer set. For today's price to make sense, revenue must grow about -11% a year for seven years (Req g). Recent delivered growth is +10%, so the hurdle is -21 pp: the price already allows for a slowdown.
How has Digital Arts stock performed?
Over six months to 6 Nov 2026 the shares returned -7.5% against -5.3% for the median peer; over one year -35.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.