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

• Market Cap: ¥139.46B
• Dividend Yield: 1.84%
• Average Volume (3M): 95.41K
• Price to Earnings (P/E): 13.1
• Beta (1Y): 0.57
• Revenue Growth: 7.48%
• EPS Growth: 11.21%
• Country: JP
• Employees: 189
• Sector: Consumer Cyclical
• Sector Strength: 68
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): 85.09
• Shares Outstanding: 28,764,854
• 10 Day Avg. Volume: 126,840
• 30 Day Avg. Volume: 95,406
• PEG Ratio: 3.36
• Price to Book (P/B): 1.44
• 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

• Rating: 76 Outperform
• Price Target: ¥5,384.00 ▲(10.33%Upside)

Tokyotokeiba Co., Ltd. is financially robust with strong revenue growth and profitability. The stock exhibits positive technical momentum but is currently overbought. Reasonable valuation metrics further support a favorable outlook, making it an attractive investment opportunity.

Tokyotokeiba Co., Ltd. Business Overview & Revenue Model

Company Description

Tokyotokeiba Co., Ltd. (9672) is a Japan-based company primarily engaged in the management and operation of horse racing tracks and related facilities. The company operates within the leisure and entertainment sector, focusing on providing a platform for horse racing events and associated betting activities. In addition to hosting races, Tokyotokeiba Co., Ltd. offers various services and amenities to enhance the visitor experience at their venues.

How the Company Makes Money

Tokyotokeiba Co., Ltd. generates revenue primarily through the organization and hosting of horse racing events. A significant portion of its income is derived from betting activities associated with these races, where the company takes a percentage of the total bets placed. Additionally, Tokyotokeiba Co., Ltd. earns money from admission fees to its racing events and facilities, as well as from the sale of food, beverages, and other merchandise at its venues. The company may also engage in partnerships or sponsorships with brands and businesses that contribute to its revenue. Other revenue streams could include leasing space for retail or hospitality services within its premises.

Tokyotokeiba Co., Ltd. Financial Statement Overview

Summary

Tokyotokeiba Co., Ltd. exhibits strong financial health with growing revenues and profitability. The income statement shows robust revenue growth and high profit margins. The balance sheet is solid with low leverage and strong equity position, while cash flow generation has significantly improved.

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
EBITDA	20.27B	18.92B	19.06B	17.06B	15.56B
Net Income	9.71B	8.45B	9.39B	9.08B	5.18B
Balance Sheet
Total Assets	122.41B	115.79B	124.65B	110.11B	98.35B
Cash, Cash Equivalents and Short-Term Investments	17.44B	17.16B	32.56B	26.85B	20.79B
Total Debt	19.17B	18.79B	25.04B	26.02B	17.04B
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: 4880.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• 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 4880 is above the 20-day moving average (MA) of 4769.24, above the 50-day MA of 4537.46, and above the 200-day MA of 4336.95, indicating a bullish trend. The MACD of 130.19 indicates Positive momentum. The RSI at 63.26 is Neutral, neither overbought nor oversold. The STOCH value of 26.02 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
6040	78 Outperform	¥25.94B	15.50		0.61%	24.52%	38.92%
9672	76 Outperform	¥139.46B	13.07		1.84%	7.48%	11.21%
7504	75 Outperform	¥54.43B	15.72		1.90%	9.13%	11.11%
9722	73 Outperform	¥135.20B	14.87		0.35%	14.07%	-0.42%
9656	67 Neutral	¥6.38B	12.00		1.62%	0.52%	34.46%
Sector *	62 Neutral	C$5.20B	9.21	20.23%	3.47%	3.46%	8.83%
9708	60 Neutral	¥116.94B	45.21		0.81%	2.09%	-26.33%

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.