Tokyotokeiba Co., Ltd. (9672) AI Stock Analysis

• Market Cap: ¥125.47B
• Dividend Yield: 2.57%
• Average Volume (3M): 62.00K
• Price to Earnings (P/E): 11.8
• Beta (1Y): 0.56
• Revenue Growth: 7.48%
• EPS Growth: 11.21%
• Country: JP
• Employees: 189
• Sector: Consumer Cyclical
• Sector Strength: 77
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): 85.09
• Shares Outstanding: 28,764,854
• 10 Day Avg. Volume: 39,340
• 30 Day Avg. Volume: 62,000
• PEG Ratio: 11.89
• Price to Book (P/B): 1.25
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Tokyotokeiba Co., Ltd. demonstrates strong financial performance with robust growth and profitability, underpinned by a solid balance sheet and cash flow. The technical indicators suggest neutral momentum with potential for improvement, while the valuation appears attractive, offering a balanced risk-reward profile. Overall, the company is well-positioned, with minimal financial risks and a solid foundation for future growth.

Tokyotokeiba Co., Ltd. Business Overview & Revenue Model

Company Description

Tokyotokeiba Co., Ltd. (9672) operates in the leisure and entertainment sector, primarily focused on horse racing and related activities. The company manages horse racing tracks and facilities, offering a range of services and events to cater to racing enthusiasts and the general public. It is involved in organizing horse races, providing betting services, and maintaining the infrastructure necessary for hosting these events.

How the Company Makes Money

Tokyotokeiba Co., Ltd. generates revenue primarily through the organization and management of horse racing events. The company earns money from betting activities, as it facilitates wagering on races held at its tracks. This includes both on-site betting and off-site betting services, which are significant contributors to its revenue stream. Additionally, Tokyotokeiba Co., Ltd. may earn income from admission fees to its racing events, concessions, and sponsorships. Partnerships with other betting operators and media companies can also play a role in enhancing the company's earnings by expanding its reach and visibility in the horse racing industry.

Tokyotokeiba Co., Ltd. Financial Statement Overview

Summary

Tokyotokeiba Co., Ltd. exhibits strong financial health with robust revenue growth, impressive profit margins, a solid balance sheet with low leverage, and improved cash flow generation, reflecting efficient capital management.

Income Statement

The company shows robust revenue growth, with a notable increase of 7.72% from 2023 to 2024. Gross profit margin is strong at 39.77%, and net profit margin is impressive at 24.00%, indicating efficient cost management and profitability. The EBIT margin of 34.43% and EBITDA margin of 50.10% reflect strong operating performance.

Balance Sheet

The balance sheet is solid with a debt-to-equity ratio of 0.21, indicating low leverage. The return on equity is healthy at 10.66%, showing effective use of shareholder capital. Equity ratio stands at 74.37%, reflecting a strong equity position and low risk from liabilities.

Cash Flow

The cash flow statement reveals a turnaround with a free cash flow growth rate of 180.03%, moving from negative to positive. Operating cash flow to net income ratio is 1.66, suggesting strong cash generation relative to income. Additionally, the free cash flow to net income ratio is 0.58, indicating a solid conversion of profits to cash.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
40.44B	37.54B	35.45B	31.80B	28.79B
	Gross Profit
16.09B	15.42B	15.96B	14.51B	12.92B
	EBIT
13.93B	13.36B	14.16B	12.80B	11.17B
	EBITDA
20.27B	18.92B	19.06B	17.06B	15.56B
	Net Income Common Stockholders
9.71B	8.45B	9.39B	9.08B	5.18B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
17.44B	17.16B	32.56B	26.85B	20.79B
	Total Assets
122.41B	115.79B	124.65B	110.11B	98.35B
	Total Debt
19.17B	18.79B	25.04B	26.02B	17.04B
	Net Debt
3.13B	4.63B	-3.20B	3.81B	1.32B
	Total Liabilities
31.26B	29.00B	44.36B	37.27B	27.82B
	Stockholders Equity
91.03B	86.72B	80.29B	72.85B	70.53B
Cash Flow		Free Cash Flow
5.66B	-7.08B	7.82B	3.45B	9.76B
	Operating Cash Flow
16.10B	12.80B	14.68B	14.37B	13.18B
	Investing Cash Flow
-8.63B	-8.73B	-14.84B	-10.82B	-4.61B
	Financing Cash Flow
-5.36B	-8.28B	-2.76B	2.20B	-2.58B

Tokyotokeiba Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4395.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:9672, the sentiment is Positive. The current price of 4395 is above the 20-day moving average (MA) of 4222.50, above the 50-day MA of 4302.70, and above the 200-day MA of 4246.64, indicating a bullish trend. The MACD of 13.78 indicates Negative momentum. The RSI at 57.22 is Neutral, neither overbought nor oversold. The STOCH value of 74.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:9672.

Tokyotokeiba Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9672	77 Outperform	¥125.47B	11.76		2.57%	7.48%	11.21%
9726	67 Neutral	¥31.20B	3.97		―	3.76%	-15.66%
9715	67 Neutral	$122.54B	10.81	9.87%	3.10%	3.77%	12.41%
9729	67 Neutral	¥76.77B	15.64		2.67%	7.65%	6.79%
9603	64 Neutral	¥118.30B	12.52	19.01%	0.63%	24.42%	147.88%
Sector *	61 Neutral	$6.98B	11.29	2.93%	3.90%	2.60%	-21.72%

Tokyotokeiba Co., Ltd. Corporate Events

Tokyotokeiba Co., Ltd. Reports Strong Q1 2025 Financial Results

Tokyotokeiba Co., Ltd. reported a positive financial performance for the first quarter of 2025, with a notable increase in net sales and profits compared to the previous year. The company’s strong financial results, highlighted by a 16.8% rise in profit attributable to owners, indicate a robust operational performance and a promising outlook for stakeholders.

TOKYOTOKEIBA Completes Treasury Share Disposal for Director Compensation

TOKYOTOKEIBA Co., Ltd. has completed the payment procedure for the disposal of treasury shares as part of a restricted stock-based remuneration plan. This move involves the disposal of 2,200 common shares at a value of 4,440 yen per share, totaling 9,768,000 yen, and is aimed at compensating four directors of the company.

Tokyotokeiba Co., Ltd. Reports Strong Financial Results for 2024

Tokyotokeiba Co., Ltd. reported a positive financial performance for the fiscal year ended December 31, 2024, with net sales increasing by 7.7% and profit attributable to owners of the parent rising by 14.8%. The company also announced a higher dividend payout, including a commemorative dividend for its 75th anniversary, reflecting its strong financial position and commitment to rewarding shareholders.