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DeNA Co Ltd (JP:2432)
:2432
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DeNA Co
(OTC:2432)
65Neutral
DeNA Co (2432) vs. S&P 500 (SPY)
Market Cap
$404.30B
Dividend Yield1.07%
Average Volume (3M)14.98M
Price to Earnings (P/E)22.3
Beta (1Y)0.87
Revenue Growth8.46%
EPS GrowthN/A
CountryJP
Employees2,897
SectorCommunication Services
Sector Strength83
IndustryElectronic Gaming & Multimedia
Share Statistics
EPS (TTM)164.39
Shares Outstanding122,145,546
10 Day Avg. Volume12,793,810
30 Day Avg. Volume14,978,789
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$2,660.19Price Target Upside-27.32% Downside
Rating ConsensusHold
Number of Analyst Covering0
DeNA Co Business Overview & Revenue Model
Company DescriptionDeNA Co., Ltd. is a leading Japanese technology company that operates across various sectors, primarily focusing on mobile and online services. Founded in 1999 and headquartered in Tokyo, DeNA is renowned for its gaming business, offering a wide array of mobile and browser-based games. Beyond gaming, DeNA is also involved in e-commerce, sports entertainment, healthcare, and automotive services, leveraging its technological expertise to deliver innovative solutions and engaging experiences for its users.
How the Company Makes MoneyDeNA Co., Ltd. generates revenue through several key streams. The primary source is its gaming division, where the company develops and distributes mobile games and browser-based games, earning income from in-app purchases, subscriptions, and advertising. Additionally, DeNA monetizes its e-commerce platform by facilitating transactions and taking a commission on sales. The company also generates revenue from its involvement in sports entertainment, particularly through partnerships and licensing deals. In healthcare, DeNA capitalizes on digital health solutions and services. Furthermore, DeNA is exploring opportunities in the automotive sector through its investments in autonomous driving technology and mobility services. Strategic partnerships and collaborations with other tech companies and content providers significantly enhance DeNA's revenue potential across its diverse business segments.
DeNA Co Financial Statement Overview
Summary
DeNA Co demonstrates a strong recovery trajectory in its financial performance, with improved profitability and revenue growth. The balance sheet remains robust with low leverage and strong equity. Cash flows have shown improvement, though historical volatility suggests potential risks. Overall, the company is positioned well in the Electronic Gaming & Multimedia industry with a solid financial foundation.Income Statement
DeNA Co's revenue shows a positive growth trend with a notable increase of 9.2% from the previous annual report to the TTM. The gross profit margin is strong at 51.9%, and the net profit margin improved significantly in the TTM to 12.3%, reflecting a recovery from prior losses. However, the company has experienced volatility in earnings, particularly in the significant loss reported in the previous annual period.―
Balance Sheet
The company maintains a healthy balance sheet with a low debt-to-equity ratio of 0.20, indicating conservative leverage. The equity ratio is robust at 64.8%, suggesting strong financial stability. Return on Equity (ROE) has improved alongside profitability, reaching 8.0% in the TTM. The balance sheet reflects a strong capital position despite fluctuations in liabilities.72
Cash Flow
DeNA Co's cash flow from operations recovered in the TTM, contributing to a positive free cash flow. The operating cash flow to net income ratio is 0.72 in the TTM, indicating sound conversion of earnings into cash flow. However, previous periods show some inconsistency, with negative free cash flow in the earlier years.―
| Breakdown | ||||
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 136.73B | 134.91B | 130.87B | 136.97B | 121.39B | Gross Profit |
| 60.99B | 64.09B | 65.94B | 74.93B | 62.78B | EBIT |
| 661.00M | 4.20B | 11.46B | 22.50B | -45.68B | EBITDA |
| -18.44B | 17.45B | 20.89B | 34.82B | -28.66B | Net Income Common Stockholders |
| -28.68B | 8.86B | 30.53B | 25.63B | -49.17B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 71.80B | 98.01B | 78.53B | 98.31B | 75.83B | Total Assets |
| 335.71B | 348.94B | 340.57B | 327.12B | 255.74B | Total Debt |
| 44.51B | 45.16B | 28.27B | 27.14B | 12.84B | Net Debt |
| -26.89B | -52.58B | -50.03B | -70.16B | -60.70B | Total Liabilities |
| 115.68B | 114.95B | 95.66B | 98.46B | 68.42B | Stockholders Equity |
| 209.20B | 221.63B | 240.63B | 223.71B | 180.49B |
| Cash Flow | Free Cash Flow | |||
| -21.39B | 3.23B | 11.94B | 20.69B | -1.31B | Operating Cash Flow |
| -10.84B | 10.81B | 18.38B | 29.97B | 12.95B | Investing Cash Flow |
| -12.63B | 12.45B | -19.92B | -8.64B | -8.71B | Financing Cash Flow |
| -4.10B | -4.93B | -18.55B | 6.61B | -32.15B |
DeNA Co Technical Analysis
Positive
3660.00
Price Trends
3517.95
Positive
3168.01
Positive
2473.61
Positive
Market Momentum
83.09
Negative
54.89
Neutral
74.87
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2432, the sentiment is Positive. The current price of 3660 is above the 20-day moving average (MA) of 3471.82, above the 50-day MA of 3517.95, and above the 200-day MA of 2473.61, indicating a bullish trend. The MACD of 83.09 indicates Negative momentum. The RSI at 54.89 is Neutral, neither overbought nor oversold. The STOCH value of 74.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2432.
DeNA Co Peers Comparison
Overall Rating
UnderperformOutperform
Sector (59)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | $160.59B | 16.23 | 8.51% | 2.27% | -17.33% | -28.64% | |
74 Outperform | ¥1.84T | 14.16 | 13.85% | 0.94% | 5.40% | 96.63% | |
73 Outperform | ¥1.74T | 54.80 | 16.14% | 0.92% | -11.38% | -33.42% | |
70 Outperform | ¥1.00T | 78.22 | 3.62% | 0.81% | 0.58% | -56.67% | |
69 Neutral | $14.39T | 45.00 | 12.13% | 0.88% | -27.51% | -35.35% | |
65 Neutral | $404.30B | 22.26 | 8.31% | 1.07% | 8.46% | ― | |
59 Neutral | $13.78B | 7.66 | -2.74% | 3.86% | 2.20% | -37.62% |
* Communication Services Sector Average
Performance Comparison
JP:2432
DeNA Co
3,660.00
2,058.29
128.51%
JP:3659
NEXON Co
2,291.50
-252.15
-9.91%
JP:7974
Nintendo Co
12,360.00
4,691.69
61.18%
JP:3765
Gungho Online Entertainment
2,964.00
629.22
26.95%
JP:9684
Square Enix Holdings Co
8,378.00
2,295.75
37.75%
JP:9697
Capcom Co
4,167.00
1,523.89
57.66%
DeNA Co Earnings Call Summary
Earnings Call Date:Feb 07, 2025
(Q2-2024)
| % Change Since: 19.87%|
Next Earnings Date:May 09, 2025
Earnings Call Sentiment Positive
The earnings call reflects a positive outlook with significant revenue growth across multiple segments, a successful recovery in the Sports business, and promising expansion in the Healthcare & Medical areas. The challenges in the mature Game market are noted but are outweighed by numerous achievements and forward-looking strategies.Q2-2024 Updates
Positive Updates
Revenue and Operating Profit Increase
Revenue for Q2 was JPY 39.0 billion, with an increase in both revenue and operating profit on a quarter-over-quarter basis.
Game Segment Growth
Revenue grew quarter-over-quarter due to new title launches and existing title seasonality. The company launched several new titles, expanding into various regions including Mainland China and Europe.
Live Streaming Business Expansion
Significant growth in Pococha Japan and IRIAM. The Live Streaming segment is prioritizing revenue growth while aiming for profitability by the end of fiscal year 2023.
Sports Segment Recovery
The Sports business has recovered from COVID-19 impacts, with the Yokohama DeNA BayStars achieving record stadium attendance.
Healthcare & Medical Segment Growth
Steady progress in revenue and profit goals, with a notable increase in data use business revenue from JPY 0.3 billion to JPY 0.84 billion year-over-year.
Negative Updates
Challenges in Game Market
The Game market is described as mature, implying potential challenges in sustaining growth amid market saturation.
Company Guidance
In the earnings call for the second quarter of fiscal year 2023, Shingo Okamura provided detailed guidance on the company's performance and strategic direction. The revenue for Q2 reached JPY 39.0 billion, with an IFRS operating profit of JPY 3.1 billion and a non-GAAP operating profit of JPY 2.9 billion, indicating growth both quarter-over-quarter and year-over-year in revenue. The company's Game business saw revenue growth driven by new title launches and existing title seasonality, while the Live Streaming segment, particularly through Pococha Japan and IRIAM, achieved significant user growth and reduced losses. The Sports segment, exemplified by record-breaking attendance at Yokohama DeNA BayStars games, has recovered from COVID-19 impacts. In the Healthcare & Medical segment, strategic expansions and data utilization efforts have led to increased revenue and client acquisition, with the data health business seeing revenue grow from JPY 0.3 billion to JPY 0.84 billion year-over-year. The medical area, particularly through the Join platform, continues to expand regionally and is expected to tap into a market of several hundred billion yen. These initiatives are part of the overarching strategy to strengthen the business portfolio and achieve mid-term growth goals.DeNA Co Corporate Events
DeNA Co., Ltd. Announces New Management Structure for April 2025
Mar 24, 2025
DeNA Co., Ltd. has announced a new management structure effective from April 1, 2025, aimed at strengthening its business execution across various units. This strategic move is expected to enhance the company’s operational efficiency and support its growth objectives, potentially impacting its market position positively.
DeNA Co., Ltd. Reports Strong Financial Growth for 2024
Feb 7, 2025
DeNA Co., Ltd. reported significant financial growth for the nine months ending December 31, 2024, with a 12.1% increase in revenue to 116,727 million yen, and a return to profitability with an operating profit of 20,979 million yen. This positive performance marks a turnaround from the previous year’s losses, positioning the company better within the industry and potentially benefiting stakeholders through improved equity attributable to owners, which rose to 64.8%.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.