Nippon Television Holdings Inc (NPTVF) fair value: what the stock is really worth
As of Nov 2, 2026: fair value (intrinsic value) of Nippon Television Holdings Inc stock $25.26, price $19.42, upside +30.1%, quality 62 out of 100. Rating: undervalued. Calculated from audited financials with 24 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 2, 2026.
How to read this chart
60‑month range $7.52 – $26.09 · fair‑value band $18.29 – $34.32 · the $19.42 price screens below the $25.26 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 2, 2026.
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Nippon Television Holdings, Inc. operates as a media and content company in Japan.
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The company engages in the production of broadcasting programs; digital broadcasting; technical production related to studios, live broadcasting, master technology, EJ news gathering, editing, postproduction, animations, etc.; and programming, content production, closed captioning, library, etc.
It is also involved in sporting and NTV events; the management of NTV school; art design, and lighting and sound effects; design of sets, flip charts, and TV graphics; production of pamphlets, posters, etc.; intellectual property management; management of music publishing, CD master, and merchandising rights; production CDs and DVDs; rental of recording studios; and operation of fitness clubs, museums, and insurance agencies.
In addition, the company engages in the production and construction of exhibitions, sales promotion events, international sports events, theme parks, amusement facilities, national ceremonies, etc.; production of program-related merchandise goods; construction management, printing, and renewable energy business; ICT, development of apps for business, web development, video streaming, infrastructure solutions, and advertising; production of animation, TV programs, commercial films, graphic designs, illustrations, characters, and other content; copyright management; and internet content streaming.
Further, it engages in the provision of software and systems for VOD and live streaming platforms and players; news gathering, reporting, and production of information, sports programs, etc.; gathering and analysis of international media news; shooting, engineering; 3D computer graphics; services to program and technology production, clerical, and management duties; e-commerce, esports, and talent production agency businesses; contractual production; and influencers network and production business.
The company was incorporated in 1952 and is based in Tokyo, Japan.
Stock analysis
Nippon Television Holdings Inc (NPTVF) currently trades at $19.42, while our model-based Fair Value estimate is $25.26, implying the stock looks roughly 23% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $29.55 per share, and 19 of the 24 models we run sit above the $19.42 price.
Bear case: the Dividend Discount group reads lowest at $3.72, and 5 of the 24 models stay below the price. Data coverage for this calculation is high.
Scenario range: $18.29 (bear) to $34.32 (bull), the price of $19.42 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 62/100 (solid quality), in the Communication Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Nippon Television Holdings Inc reported revenue of ¥487B in FY2026 versus ¥406B in FY2022, a compound +4.7%/yr. Reported net income was ¥57.1B in FY2026, compounding +4.8%/yr from FY2022.
Key figures
Market cap $4.9B Mid · P/E ratio 11.7 · P/S ratio 1.37 · EPS (TTM) $1.66 · Dividend yield 1.5% · Net margin 11.7% · Return on equity 6.5% · Return on assets (EBIT) 4.7% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 46 out of 100 (low confidence).
What moves the price
The share trades about 20% below its 52-week high and 17% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 6% fair-value upside, at 30%, NPTVF screens cheaper than that median.
Fair Value models
Bear$18.29Fair Value $25.26Bull$34.32
Price $19.42 · Upside +30.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then ($0.8369 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.73/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+5.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.6%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.5%
Start year 2021 (pandemic). Over 10 years: +1.6% a year
Revenue growth 11 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.7%
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What shareholders gained per year (last 5 years), in JPY (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. Measured in JPY: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+19.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+18.1%
Dividend (yield on the price)1.5%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.13.6% vs 3.5%, picking up
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.9% → 14%
2026 sits 67% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−5.3%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+5.2%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in JPY, Japan: IMF forecast 2.1% a year to 2030, 1.3% from 2016 to 2025) that is about −7.2% a year for the price and +3.0% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (6 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Very negative
AI conclusion: Limited moat signals and low ROE indicate modest profitability durability as the main weakness for this broadcaster, while stable margins represent its only noted strength.
Main risk: The foreign ownership cap risks constraining funding for new content deals or international moves, directly limiting growth options in the core broadcasting operations.
Nippon Television's foreign ownership has now hit 19.99 percent as of late September, sitting right at the regulatory threshold for Japanese broadcasters. This cap could influence how the company funds new content deals or international moves going forward. Will the limit push management toward stricter domestic priorities or force creative workarounds that still unlock growth?
Compare Nippon Television Holdings Inc with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Broadcasting · 62 stocks
Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score62 · Top 25%
Fair Value upside+30.1% · Above median
Profitability
Return on equity (12 months)6.5% · Top 25%
Return on assets4.4% · Above median
Net margin (12 months)13.3% · Top 25%
Operating margin (12 months)9.7% · Above median
Growth and dividend
Revenue growth (quarter YoY)0.0% · Below median
Dividend yield (12 months)1.5% · Bottom 25%
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Broadcasting median · lower = cheaper
P/E (12 months)11.7× · Cheaper than median
P/B0.77× · Pricier than median
P/S (12 months)1.60× · Priciest 25%
Price / free cash flow (fiscal year)14.3× · Pricier than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Nippon Television Holdings Inc Fair Value". https://www.fairvalue-calculator.com/stock/NPTVF
Frequently asked questions
Is Nippon Television Holdings Inc (NPTVF) overvalued or undervalued?
As of Nov 2, 2026, our model estimates a fair value of $25.26 versus a price of $19.42, about +30% upside (undervalued).
What is the fair value of NPTVF?
Our model-based fair value for Nippon Television Holdings Inc is $25.26 (as of Nov 2, 2026), built from audited fundamentals. The current price: $19.42.
What is the quality score of NPTVF?
Nippon Television Holdings Inc has a Quality Score of 62/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Nippon Television Holdings Inc (NPTVF)?
Our model-based price target is the fair value of $25.26 (as of Nov 2, 2026) from 24 valuation models. Cautious scenario $18.29, optimistic scenario $34.32. It is a calculation from audited fundamentals, not an analyst target.
What is the Nippon Television Holdings Inc stock forecast for 2026?
Our models put fair value at $25.26, about +30% upside versus a price of $19.42 (undervalued). Cautious scenario $18.29, optimistic scenario $34.32. The calculation is refreshed regularly with new filings.
What is the revenue of Nippon Television Holdings Inc (NPTVF)?
Nippon Television Holdings Inc reported trailing-twelve-month revenue of about ¥484B (latest available figure, as of Nov 2, 2026).
Does Nippon Television Holdings Inc pay a dividend?
Nippon Television Holdings Inc currently shows a dividend yield of 1.46% relative to its recent price (as of Nov 2, 2026).
How much is the dividend of Nippon Television Holdings Inc (NPTVF) and when is the ex-dividend date?
Nippon Television Holdings Inc pays a dividend of $0.284 per share a year, a dividend yield of 1.5%. The next ex-dividend date is Mar 30, 2027. A dividend has been paid every year since at least 2005. The payout ratio is 19.2% of earnings. Free cash flow covers the dividend 4.96 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Nippon Television Holdings Inc (NPTVF)?
For today's price to be fair in a discounted-cash-flow model, Nippon Television Holdings Inc would have to grow free cash flow by -5.3 % per year for five years (discount rate 8.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +4.5 % per year. As of Nov 2, 2026.
What discount rate (WACC) does the fair value of NPTVF use?
Our models discount Nippon Television Holdings Inc at 8.5 %: a base by market capitalisation (mid), damped by beta 0.05, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Nippon Television Holdings Inc that is -5.3 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (8.5 %) and the same formula as our fair value.
How much growth has Nippon Television Holdings Inc (NPTVF) delivered so far?
Over the past 5 years revenue at Nippon Television Holdings Inc grew +4.5 % a year. The price currently implies free-cash-flow growth of -5.3 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Nippon Television Holdings Inc (NPTVF) growing?
The median revenue growth in the sector is +3.8 % a year. That is the yardstick for the growth priced into Nippon Television Holdings Inc (-5.3 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Nippon Television Holdings Inc (NPTVF)?
The free-cash-flow yield on the price is 7.01 %: that much free cash flow Nippon Television Holdings Inc produces per unit of market value. When it exceeds the discount rate of our models (8.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Nippon Television Holdings Inc (NPTVF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Nippon Television Holdings Inc it is $25.26 per share (as of Nov 2, 2026), against a price of $19.42. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Nippon Television Holdings Inc stock overvalued or undervalued in 2026?
As of Nov 2, 2026, NPTVF trades below its calculated fair value: price $19.42, fair value $25.26, a gap of about +30% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of NPTVF?
No. The price is what the market pays today ($19.42); the fair value is what the company's own numbers justify ($25.26). For Nippon Television Holdings Inc the two are $5.84 per share apart. That gap is exactly why we show both numbers side by side.
How much is Nippon Television Holdings Inc worth?
The market values Nippon Television Holdings Inc at about $4.9B (market capitalisation, as of Nov 2, 2026). Per share that is $19.42; our models calculate a fair value of $25.26 per share.
What do the bullish and bearish scenarios say about NPTVF?
Our models span a range for Nippon Television Holdings Inc: cautious scenario $18.29, base $25.26, optimistic $34.32 per share (as of Nov 2, 2026, price $19.42). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of NPTVF?
Nippon Television Holdings Inc trades at a price-to-earnings ratio of 11.7 (as of Nov 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $25.26 is built from several models across several years. Other multiples: P/B 0.8, P/S 1.6, EV/EBITDA 8.4.
How solid is the balance sheet of Nippon Television Holdings Inc (NPTVF)?
Balance-sheet figures for Nippon Television Holdings Inc (as of Nov 2, 2026): return on equity 6.5%, debt of 0.00 per unit of equity. They feed the Quality Score of 62/100, which measures business quality independently of the share price.
How far is NPTVF from its 52-week high?
Nippon Television Holdings Inc trades at $19.42, about 20% below its 52-week high of $24.39 and 17% above the low of $16.60 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $25.26 is for.
Which stocks are comparable to Nippon Television Holdings Inc?
From the same area (Communication Services) we also value Nexstar Media Group, Sun TV Network Limited, Jiangsu Broadcasting Cable Information Network Corporation, SES S.A, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Nippon Television Holdings Inc stock attractive at the current price?
The data as of Nov 2, 2026: price $19.42, calculated fair value $25.26 (+30%), Quality Score 62/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of NPTVF calculated?
We run Nippon Television Holdings Inc through 24 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $25.26 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Nippon Television Holdings Inc currently trades 23% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Nippon Television Holdings Inc (NPTVF)?
The closing price on Nov 2, 2026 was $19.42. Our model-based fair value is $25.26, about +30% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Nippon Television Holdings Inc right now?
Solid quality (62/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range ($18.29 to $34.32) leaves room in how you read the outcome.
Key figures of Nippon Television Holdings Inc
How large is the market capitalisation of Nippon Television Holdings Inc (NPTVF)?
The market capitalisation of Nippon Television Holdings Inc is $4.9B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Nippon Television Holdings Inc (NPTVF)?
The price-to-sales ratio of Nippon Television Holdings Inc is 1.37 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Nippon Television Holdings Inc (NPTVF)?
Earnings per share at Nippon Television Holdings Inc are $1.66 (price ÷ EPS = P/E 11.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Nippon Television Holdings Inc (NPTVF)?
The dividend yield of Nippon Television Holdings Inc is 1.5% (payout 17.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Nippon Television Holdings Inc (NPTVF)?
The net margin of Nippon Television Holdings Inc is 11.7% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Nippon Television Holdings Inc (NPTVF)?
The return on equity (ROE) of Nippon Television Holdings Inc is 6.5% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Nippon Television Holdings Inc (NPTVF)?
On an EBIT basis the return on assets of Nippon Television Holdings Inc is 4.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Nippon Television Holdings Inc (NPTVF)?
The operating margin of Nippon Television Holdings Inc is 9.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast are earnings growing at Nippon Television Holdings Inc (NPTVF)?
Earnings per share at Nippon Television Holdings Inc are growing +52.1% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Nippon Television Holdings Inc (NPTVF) hold?
Nippon Television Holdings Inc holds more cash than debt, ¥88.2B net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 2, 2026