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Toho Co Ltd (Tokyo)
TSE:9602

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Toho Co Ltd (Tokyo)
TSE:9602
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Price: 1 456.5 JPY -0.34%
Market Cap: ¥1.3T

P/S

3.4
Current
12%
More Expensive
vs 3-y average of 3

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
3.4
=
Market Cap
¥1.3T
/
Revenue
¥360.7B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
3.4
=
Market Cap
¥1.3T
/
Revenue
¥360.7B

Valuation Scenarios

Toho Co Ltd (Tokyo) is trading above its 3-year average

If P/S returns to its 3-Year Average (3), the stock would be worth ¥1 302.58 (11% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-68%
Maximum Upside
No Upside Scenarios
Average Downside
34%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 3.4 ¥1 456.5
0%
3-Year Average 3 ¥1 302.58
-11%
5-Year Average 2.9 ¥1 261.28
-13%
Industry Average 1.8 ¥794.78
-45%
Country Average 1.1 ¥472.83
-68%

Forward P/S
Today’s price vs future revenue

Today's Market Cap Revenue Forward P/S
¥1.3T
/
Mar 2026
¥360.7B
=
3.4
Current
¥1.3T
/
Mar 2026
¥364.2B
=
3.5
Forward
¥1.3T
/
Mar 2027
¥362.7B
=
3.5
Forward
¥1.3T
/
Mar 2028
¥386.4B
=
3.3
Forward
¥1.3T
/
Mar 2029
¥389.3B
=
3.3
Forward

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

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
Market Cap P/S P/E
JP
Toho Co Ltd (Tokyo)
TSE:9602
1.2T JPY 3.4 23.6
US
Netflix Inc
NASDAQ:NFLX
387.9B USD 8.3 29.1
US
Walt Disney Co
NYSE:DIS
182.6B USD 1.9 15.1
LU
Spotify Technology SA
NYSE:SPOT
91.3B USD 4.4 28.3
US
Warner Bros Discovery Inc
NASDAQ:WBD
67.1B USD 1.8 92.3
NL
Universal Music Group NV
AEX:UMG
35.5B EUR 2.6 21.6
US
Live Nation Entertainment Inc
NYSE:LYV
36.1B USD 1.4 -656.2
US
TKO Group Holdings Inc
NYSE:TKO
35.6B USD 8.2 155.7
FR
Bollore SE
PAR:BOL
14.8B EUR 5.1 42.7
US
Roku Inc
NASDAQ:ROKU
16.7B USD 3.5 188.9
US
Warner Music Group Corp
NASDAQ:WMG
14.6B USD 2.1 48.7

Market Distribution

Higher than 85% of companies in Japan
Percentile
85th
Based on 5 249 companies
85th percentile
3.4
Low
0 — 0.7
Typical Range
0.7 — 1.9
High
1.9 —
Distribution Statistics
Japan
Min 0
30th Percentile 0.7
Median 1.1
70th Percentile 1.9
Max 12 107 466

Toho Co Ltd (Tokyo)
Glance View

Market Cap
1.3T JPY
Industry
Media

Toho Co., Ltd., a titan of the Japanese entertainment industry, stands as a cornerstone in the world of cinematic artistry and live entertainment, finding its roots in Tokyo. Founded in 1932, the company initially embarked on its journey by producing theatrical plays before making a remarkable transition into the film industry. Toho quickly distinguished itself by becoming synonymous with high-quality Japanese cinema, fundamentally shaping the country's cultural export through iconic works. The company's global fame is anchored by its creation and nurturing of the Godzilla franchise, which has become an emblem of Japanese pop culture worldwide. Through strategic storytelling and technical innovation, Toho honed its prowess not only in film production but also in distribution and exhibition, securing a robust financial foundation in the highly competitive entertainment sector. Operating through multiple business segments, Toho has ingeniously diversified its income streams, ensuring resilience against the volatile nature of the entertainment industry. While its film production and distribution arm generates substantial revenue through domestic box-office sales and international licensing deals, the company's ownership of a significant number of cinemas across Japan ensures steady income flow from exhibition. Furthermore, Toho's engagement in the real estate business adds an additional layer of financial stability, capitalizing on prime property locations for steady rental income. By smartly leveraging its assets and intellectual properties, Toho Co., Ltd continues to thrive as a formidable entity, navigating the evolving dynamics of global entertainment while solidifying its place in both domestic and international markets.

Intrinsic Value
1 134.37 JPY
Overvaluation 22%
Intrinsic Value
Price ¥1 456.5
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