U-Next Holdings Co Ltd
OTC:USNNF

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U-Next Holdings Co Ltd
OTC:USNNF
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Price: 13.95 USD Market Closed
Market Cap: $2.5B

EV/S

1
Current
61%
More Expensive
vs 3-y average of 0.6

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
1
=
Enterprise Value
$2.5B
/
Revenue
¥416.4B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
1
=
Enterprise Value
$2.5B
/
Revenue
¥416.4B

Valuation Scenarios

U-Next Holdings Co Ltd is trading above its 3-year average

If EV/S returns to its 3-Year Average (0.6), the stock would be worth $8.67 (38% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-38%
Maximum Upside
+107%
Average Upside
12%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 1 $13.95
0%
3-Year Average 0.6 $8.67
-38%
5-Year Average 0.6 $8.67
-38%
Industry Average 2 $28.9
+107%
Country Average 1.1 $16
+15%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
$2.5B
/
Mar 2026
¥416.4B
=
1
Current
$2.5B
/
Aug 2026
¥446.1B
=
0
Forward
$2.5B
/
Aug 2027
¥495.1B
=
0
Forward
$2.5B
/
Aug 2028
¥534.5B
=
0
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
JP
U-Next Holdings Co Ltd
OTC:USNNF
Average P/E: 73
21.2
10%
2.1
US
EchoStar Corp
NASDAQ:SATS
Negative Multiple: -1.3 N/A N/A
US
AST SpaceMobile Inc
NASDAQ:ASTS
Negative Multiple: -86.3 N/A N/A
US
G
Globalstar Inc
AMEX:GSAT
Negative Multiple: -540.6 N/A N/A
US
Lumen Technologies Inc
NYSE:LUMN
Negative Multiple: -5.4 N/A N/A
ID
Indoritel Makmur Internasional Tbk PT
IDX:DNET
106.5
N/A N/A
US
Iridium Communications Inc
NASDAQ:IRDM
37.5
18%
2.1
UK
Liberty Global PLC
NASDAQ:LBTYA
Negative Multiple: -0.6 N/A N/A
BM
Liberty Global Ltd
F:3O41
Negative Multiple: -0.5 N/A N/A
MY
T
TIME dotCom Bhd
KLSE:TIMECOM
26.1
11%
2.4
NZ
Chorus Ltd
NZX:CNU
173.7
202%
0.9

Market Distribution

In line with most companies in Japan
Percentile
45th
Based on 5 140 companies
45th percentile
1
Low
0 — 0.7
Typical Range
0.7 — 2
High
2 —
Distribution Statistics
Japan
Min 0
30th Percentile 0.7
Median 1.1
70th Percentile 2
Max 12 107 466

U-Next Holdings Co Ltd
Glance View

Market Cap
2.5B USD
Industry
Telecommunication

U-Next Holdings Co. Ltd., a prominent player in Japan's streaming sector, has crafted its niche by leveraging the specificity of local content and the burgeoning demand for digital entertainment. Initially emerging amidst the digital revolution, the company steadily built its reputation as a purveyor of comprehensive subscription-based video-on-demand (SVOD) services. It capitalizes on a diverse catalog, showcasing Japanese films, dramas, and anime alongside foreign titles, thus catering to a wide audience range. By continuously updating its library, U-Next has substantially enhanced user retention, a pivotal factor in its business model. The firm marries technology with entertainment, employing advanced algorithms to refine its recommendation system, which keeps users engaged and increases their subscription lifetime value. Moreover, U-Next's business extends beyond just content streaming. A critical component of its income stream is derived from partnerships with local and international content creators, providing them a platform to potentially reach millions of subscribed viewers. U-Next also strategically diversifies its offerings by including manga and corporate training content, tapping into varied consumer interests and corporate niches. Through these additional services, U-Next not only enriches its content repertoire but also ensures consistent cash flow from multiple segments. This multifaceted approach not only fortifies its market position against global giants but also allows it to nimbly adapt to the continually evolving digital entertainment landscape.

USNNF Intrinsic Value
14.83 USD
Undervaluation 6%
Intrinsic Value
Price $13.95
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