Loading…
Employees: 1,672
Size TV Tokyo (9413.T) is a Japan Communication Services company (Broadcasting) with a market value of $582M, the 991st largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥3,350 on 6 Nov 2026.
Performance Over six months the shares fell 15.3%, against -6.0% for the median peer and +1.8% for the Japan market (cap-weighted) — 7th lowest of 20 in its peer set.
Growth Revenue grew 2.1% over the last twelve months (peer median -1.5%); the operating margin is 5.9% (peer median 8.0%).
Valuation It trades at 12.7× forward earnings against a peer median of 14.3× (5th cheapest of 14).
Price implies For today's price to make sense, revenue must grow about -19% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is -22 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 5.3 points above its cost of capital (5.0% WACC).
Next results Next results expected around 9 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥163B | ¥165B | ¥156B | ¥149B | ¥151B |
| Revenue growth | — | +6% | +5% | -2% | — |
| Gross profit | ¥51.4B | ¥53.4B | ¥47.2B | ¥45.0B | ¥46.1B |
| EBITDA | ¥14.6B | ¥16.2B | ¥12.0B | ¥12.8B | ¥13.3B |
| Net income | ¥6.70B | ¥7.70B | ¥6.04B | ¥6.74B | ¥6.72B |
| Free cash flow | n/a | ¥13.9B | ¥6.46B | ¥4.44B | ¥9.68B |
| Capital expenditure | n/a | ¥4.26B | ¥3.29B | ¥4.91B | ¥3.62B |
| Total debt | ¥5.52B | ¥6.37B | ¥6.57B | ¥6.61B | ¥6.55B |
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.
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.
| Measure | 9413.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +2.6% | +4.4% | 9th lowest of 20 |
| 6-month return | -15.3% | -6.0% | 7th lowest of 20 |
| Distance from 52-week high | -34.4% | -32.7% | 10th lowest of 20 |
| Revenue growth (TTM) | +2.1% | -1.5% | 9th highest of 20 |
| Operating margin | 5.9% | 8.0% | 8th lowest of 20 |
| Forward P/E | 12.7× | 14.3× | 5th cheapest of 14 |
| Growth the price implies (Req g, 7 yrs) | -18.7% | 4.6% | least demanding of 17 |
| Growth delivered (Del g) | +3.5% | +3.5% | 9th highest of 17 |
| Hurdle (Req g minus delivered) | -22.1 pp | +0.1 pp | least demanding of 17 |
| ROIC minus cost of capital | +5.3 pp | -1.2 pp | 5th highest of 19 |
| EV / EBITDA | 3.5× | 8.3× | 4th cheapest of 15 |
| Net debt / EBITDA | -2.8× | 1.6× | 3rd least indebted of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| TV Tokyo 9413.T | Japan | $582M | -15% | +2% | 6% | 12.7× | -18.7% | +3.5% |
| Gray Media GTN | United States | $520M | +11% | -11% | 14% | 2.7× | 2.2% | +5.4% |
| Zee Entertainment Enterprises ZEEL.NS | India | $651M | -32% | +6% | -1% | 14.3× | 1.8% | +0.9% |
| NRJ NRG.PA | France | $509M | -18% | -12% | 8% | 16.0× | n/a | n/a |
| CJ ENM 035760.KS | South Korea | $706M | -15% | -3% | 2% | 30.0× | -5.1% | +8.7% |
| Network18 Media & Invest NETWORK18.NS | India | $438M | -23% | -23% | -3% | n/a | n/a | n/a |
| Entravision Communications EVC | United States | $830M | +26% | +71% | 8% | n/a | 13.5% | +5.4% |
| Nine Entertainment NEC.AX | Australia | $895M | -15% | -18% | 9% | 8.2× | 7.4% | -1.3% |
| Newsmax NMAX | United States | $948M | +16% | +11% | -7% | n/a | n/a | n/a |
| Shaanxi Broadcast & TV Network Intermediary (Group) 600831.SS | China | $351M | -15% | -26% | -141% | n/a | 12.3% | -16.8% |
| Sinclair SBGI | United States | $989M | -4% | -6% | 6% | 230.3× | 10.9% | -11.8% |
| Digital Network DIG.WA | Poland | $335M | +44% | +121% | 41% | 20.2× | 14.3% | +33.9% |
| iHeartMedia IHRT | United States | $309M | -69% | +3% | 7% | n/a | 7.9% | +5.6% |
| Rai Way RWAY.MI | Italy | $1.27B | -28% | +3% | 44% | 12.9× | -10.3% | +4.8% |
| Atresmedia Corporacion de Medios de Comunicacion A3M.MC | Spain | $1.52B | +16% | +1% | 8% | 14.1× | 6.9% | +2.3% |
| Television Francaise 1 TFI.PA | France | $1.53B | -6% | -3% | 8% | 14.7× | -7.5% | +2.0% |
| Hebei Broadcasting Wireless Media 301551.SZ | China | $1.58B | -4% | -1% | 35% | n/a | 20.7% | -0.8% |
| Metropole Television MMT.PA | France | $1.60B | -4% | -2% | 11% | 12.5× | -0.9% | -0.3% |
| MFE-MediaForEurope MFEA.MI | Italy | $1.83B | -26% | +90% | 3% | 5.0× | 0.6% | +8.9% |
| TV Asahi 9409.T | Japan | $2.15B | +3% | +4% | 7% | 14.5× | -0.9% | +5.1% |