Fuji Media Holdings (FJTNY) AI Stock Analysis

• Market Cap: $5.59B
• Dividend Yield: 1.48%
• Average Volume (3M): 0.00
• Price to Earnings (P/E): ―
• Beta (1Y): 0.09
• Revenue Growth: -5.81%
• EPS Growth: -139.07%
• Country: US
• Employees: 6,787
• Sector: Communication Services
• Sector Strength: 97
• Industry: Broadcasting
• EPS (TTM): 0.26
• Shares Outstanding: 468,390,000
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: 0.16
• Price to Book (P/B): 0.61
• Price to Sales (P/S): 0.90
• P/FCF Ratio: -67.50
• Enterprise Value/Market Cap: 170.04
• Enterprise Value/Revenue: 1.77
• Enterprise Value/Gross Profit: 8.25
• Enterprise Value/Ebitda: 52.48
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 48 Neutral
• Price Target: $12.50 ▼(-1.57% Downside)

Fuji Media Holdings' overall stock score is primarily impacted by its financial performance, which faces challenges due to declining revenues and profitability. The technical analysis indicates a lack of strong momentum, and the valuation is concerning due to a negative P/E ratio. These factors collectively suggest caution for potential investors.

Positive Factors

Diversified Media Portfolio

Fuji Media's multi‑segment business (TV, film, publishing, digital) provides structural diversification of revenue and audience reach. That durable content ecosystem supports cross‑platform monetization, IP reuse and reduced dependence on any single media channel over months.

Multiple Revenue Streams (Ads, Licensing)

A core advertising base plus licensing and distribution creates recurring and variable revenue levers. Advertising fuels scale while licensing and partnerships allow long‑lived monetization of content, supporting steadier cash inflows across advertising cycles over the medium term.

Positive Operating Cash Flow

Positive operating cash flow indicates the core broadcast and content businesses convert sales into cash, enabling ongoing content production and working capital needs. This operational cash generation provides resilience even while free cash flow is currently negative.

Negative Factors

Declining Revenue and Profitability

Sustained top‑line decline undermines scale advantages and limits ability to invest in content and digital initiatives. Over a 2–6 month horizon continued revenue contraction pressures margins and constrains reinvestment in programming that drives audience and long‑term monetization.

Negative Free Cash Flow

Negative free cash flow reduces strategic flexibility to fund programming or digital expansion internally. If the trend persists, the company may need external financing or to cut investment, both of which could impair long‑term content competitiveness and growth prospects.

Rising Leverage

An increasing debt burden weakens the balance sheet and raises interest and refinancing risk. In a business sensitive to advertising cycles, higher leverage reduces financial flexibility to smooth investments in content or absorb shocks, making long‑term strategy execution harder.

Fuji Media Holdings Business Overview & Revenue Model

Company Description

Fuji Media Holdings, Inc., through its subsidiaries, engages in the broadcasting activities in Japan. The company operates through Media & Content, Urban Development, Hotels & Resorts, and Other segments. It is involved in television broadcasting, including satellite broadcasting, radio broadcasting, streaming platforms, content production, games, music, advertising, publishing, and direct marketing activities. The company also develops, leases, and manages office buildings; operates commercial facilities and restaurants; sells and leases apartments; and operates hotels and marine leisure facilities. In addition, it engages in IT system architecture and human resources, and overseas business development activities; the provision of market research services on media and lifestyles; and cultivation of new businesses. The company was formerly known as Fuji Television Network, Inc. Fuji Media Holdings, Inc. was incorporated in 1957 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Fuji Media Holdings generates revenue through multiple channels, primarily from advertising sales on its television networks, which is a significant source of income as it attracts a large viewership. Additionally, the company earns money through the production and distribution of films and television shows, where it sells content both domestically and internationally. Another key revenue stream comes from licensing its content to various platforms and streaming services. The company also benefits from partnerships with advertisers and other media companies, which enhance its revenue through collaborative advertising campaigns and co-productions. Moreover, Fuji Media Holdings has ventured into digital media, creating online content that further diversifies its earnings.

Fuji Media Holdings Financial Statement Overview

Summary

Fuji Media Holdings faces significant financial challenges, with declining revenues and profitability impacting its financial health. The company's balance sheet remains relatively strong, but increasing leverage and negative free cash flow highlight potential risks. Effective cost management and revenue growth are critical for improving future financial performance.

Income Statement

Fuji Media Holdings has experienced a decline in revenue over the past years, with a notable decrease from 2020 to 2025. The gross profit margin has been fluctuating, indicating some instability in cost management. The net profit margin has turned negative in the most recent year, mainly due to a significant net loss, reflecting potential operational challenges. However, the company showed an ability to generate EBIT and EBITDA, which suggests some operational efficiency, albeit with declining margins.

Balance Sheet

The company's debt-to-equity ratio has increased, reflecting a rising trend in leverage, which could pose financial risks. Despite this, Fuji Media Holdings maintains a strong equity base, and the equity ratio remains healthy, indicating a solid financial structure. The return on equity is concerning, given the recent net loss, impacting overall shareholder returns.

Cash Flow

The free cash flow has been negative in recent periods, indicating challenges in generating sufficient cash after capital expenditures. However, the operating cash flow remains positive, which is a positive sign of operational cash generation. The free cash flow to net income ratio is adversely affected by the recent net loss, highlighting potential liquidity concerns if the trend continues.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	537.29B	550.76B	566.44B	535.64B	525.09B	519.94B
Gross Profit	115.20B	139.18B	159.74B	158.64B	160.30B	158.29B
EBITDA	18.11B	21.91B	74.24B	48.69B	51.02B	33.50B
Net Income	-26.30B	-20.13B	37.08B	46.85B	24.88B	10.11B
Balance Sheet
Total Assets	1.44T	1.44T	1.45T	1.38T	1.34T	1.34T
Cash, Cash Equivalents and Short-Term Investments	196.08B	198.29B	197.54B	209.71B	196.15B	193.66B
Total Debt	376.76B	350.89B	321.35B	263.13B	268.40B	274.20B
Total Liabilities	622.38B	610.28B	579.21B	533.87B	527.20B	551.61B
Stockholders Equity	806.71B	818.16B	857.92B	837.68B	798.07B	774.01B
Cash Flow
Free Cash Flow	0.00	-7.38B	-61.52B	9.81B	13.51B	-1.22B
Operating Cash Flow	0.00	58.45B	47.80B	61.78B	53.86B	45.84B
Investing Cash Flow	0.00	-37.49B	-106.53B	-32.77B	-46.79B	-26.61B
Financing Cash Flow	0.00	2.46B	25.24B	-5.27B	-24.89B	20.39B

Fuji Media Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 12.70
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FJTNY, the sentiment is Positive. The current price of 12.7 is above the 20-day moving average (MA) of 11.92, above the 50-day MA of 11.43, and above the 200-day MA of 11.10, indicating a bullish trend. The MACD of 0.34 indicates Negative momentum. The RSI at 63.74 is Neutral, neither overbought nor oversold. The STOCH value of 92.92 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FJTNY.

Fuji Media Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GTN	67 Neutral	$534.11M	10.70	3.36%	6.45%	-3.32%	-69.63%
SSP	64 Neutral	$324.13M	-8.34	1.81%	―	-3.27%	86.01%
TGNA	62 Neutral	$3.05B	8.95	11.50%	2.58%	-2.73%	-25.06%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
EVC	53 Neutral	$279.30M	-2.40	-81.68%	6.56%	-45.95%	-75.87%
FUBO	50 Neutral	$877.37M	7.33	38.60%	―	1.70%	―
FJTNY	48 Neutral	$5.59B	-52.52	-3.16%	1.48%	-5.81%	-139.07%