Obermatt

TBS Holdings

TYO:9401 · JP3588600001
MediaLarge

360

21
EV / EBIT5
Price / Owner Earnings34
Owner Earnings Yield74
Dividend Yield41
Price/Sales19
EV / Gross Profit19
Price/Book76
Return on Capital15
Cash Return on Capital41
Return on Equity34
EBIT Margin28
Gross Profitability10
Cash Conversion6
Accruals31
Owner Earnings Margin84
Sales growth38
Profit Growth35
Long-Term EPS Growth16
Reinvestment74
Price momentum83
Debt load77
Refinancing53
Debt Payback100
Liquidity84
Analyst ratings37
Opinion Changes95
Price Target Upside26
Market mood92
Value Creation7/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

TBS Holdings clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountryJapan
IndustryMedia
SizeLarge
TypePublic Company
ExchangeTSE
Founded1951
Employees0
ISINJP3588600001
Last UpdateApr 2, 2026
Index & Theme
Digital MediaContent CreationVideo StreamingBrand MarketingStreaming Media

Description

TBS Holdings,Inc. engages in the broadcasting and real estate businesses primarily in Japan. Business Segments The company operates through key segment, each represented by an icon and a brief description in Japanese. Media Content Creation and Di…

Analysis

Story stock

TBS Holdings,Inc. is a story stock: the narrative is ambitious and the price reflects it, but the underlying numbers are weak.

The price is attractive. You pay 14.8× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly 2% yearly growth; analysts expect -60%. The market is pricing in far more than analysts expect: heroic expectations.

The trajectory is moderate and the balance sheet is sturdy. The company scores 7/20 on our value-creation score: creating some value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
90
2023202420252026

All-time high

90

Jun 2026

All-time low

27

Jan 2023

Average rank

71

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
19
26
56
81
Price/Earnings
48
48
50
66
Price/Book
76
92
89
93
Dividend Yield
41
35
33
51
Value (overall)
29
47
55
77

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →