EN DE

TV Asahi Holdings (THDDY) Fair Value & Analysis

Communication Services · US · Market cap $2.2B

TA TV Asahi Holdings logo TV Asahi Holdings THDDY · US
Price$19.68
Fair Value$24.97
Upside+26.9%
Quality56/100
Watch TV Asahi Holdings for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Thin margins · 8.7% net margin
Low debt · generates free cash flow
2.28% dividend yield
Ranks above peers (9/11)
Narrow moat 30/100
Evidence: High Range $23.00 – $31.20 Share as image

Fair value as of: Jul 21, 2026

From 22 valuation models · updated 20 days ago

Share price −4.4% over the past month.

A solid business, screening 27% undervalued on our models.

What matters now

  • The price is below even our cautious bear case ($23.00). The market is more pessimistic than our downside scenario.
  • Solid quality (56/100) at a price below fair value, the discount is the argument here, not the business quality.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

$23.80 $8.63 Fair Value $24.97 Jan 2018 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range $8.63 – $23.80 · fair‑value band $23.00 – $31.20 · the $19.68 price screens below the $24.97 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 21, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

TV Asahi Holdings (THDDY) currently trades at $19.68, while our model-based Fair Value estimate is $24.97, implying the stock looks roughly 26.9% undervalued today. The Quality Score stands at 56/100 (solid quality), in the Communication Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, TV Asahi Holdings generated revenue of $339B at a net margin of 8.7%. Revenue declined 1.1% year over year. It earns a return on equity of 6.5%. The balance sheet holds a net cash position of $36.4B. Fundamentals as of Jul 21, 2026

Our scenario range runs from $23.00 (bear case) to $31.20 (bull case); at $19.68, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 17% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 12% fair-value upside, at 27%, THDDY screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF $12.42 $15.67 $20.30 80
Rev-Margin DCF $16.94 $25.06 $34.00 74
ROIC Compounder $13.29 $14.96 $16.41 72
All 22 models by family
DCF Models
FCF DCF $12.12 $15.55 $20.69 38
Owner Earnings $22.78 $30.07 $41.02 31
5Y Revenue Exit $16.94 $24.97 $35.45 39
5Y EBITDA Exit $19.58 $29.53 $41.27 41
5Y P/E Exit $26.69 $41.85 $57.79 38
10Y Revenue Exit $14.46 $21.11 $29.11 36
10Y EBITDA Exit $16.55 $24.09 $33.07 37
10Y P/E Exit $20.85 $32.11 $44.30 35
Earnings-Based
Graham-Dodd $15.72 $30.70 $38.42 54
EPV $13.29 $14.96 $16.41 59
Multiples
P/E Multiple $38.15 $50.87 $63.59 63
P/S Multiple $29.48 $39.31 $49.14 58
P/B Multiple $29.48 $39.31 $49.14 55
EV/EBIT $27.17 $35.34 $43.51 53
EV/EBITDA $27.52 $35.80 $44.08 54
EV/Revenue $21.25 $29.22 $37.18 43
Asset-Based
NCAV (Graham) $17.18 $23.02 $34.36 50
Growth DCF
Growth DCF $12.42 $15.67 $20.30 80
Rev-Margin DCF $16.94 $25.06 $34.00 74
Economic Profit
Residual Income $27.22 $28.30 $29.31 61
ROIC Compounder $13.29 $14.96 $16.41 72
Growth Earnings
Growth-Adj P/E $27.43 $39.18 $50.93 68

Widest divergence: Growth Earnings ($39.18) versus Earnings-Based ($14.96). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) $339B
Revenue growth (YoY) -1.1%
Net margin 8.7%
Return on equity 6.5%
Free cash flow $13.1B FY2026
P/E ratio 13.1
More key figures
Operating margin 1.5%
EPS (TTM) $1.57
Dividend yield 2.3%
EPS growth (YoY) -65.2%
Net cash $36.4B FY2026

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 56/100

Of which business quality 54 · Market factors (momentum, volatility) 65

Profitability 39
Margins and returns on capital today
Quality Growth 66
Are margins and returns improving?
Cashflow 28
Earnings quality: real cash, not paper profit
Fin. Strength 54
Balance sheet, leverage, solvency risk
Investment 78
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 78
Price trend over the last 3–12 months (market factor)
52W Momentum 59
Distance to the 52-week high (market factor)
Net Issuance 87
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

TV Asahi Holdings Corporation, together with its subsidiaries, engages in the television (TV) broadcasting business in Japan and internationally. It operates through the TV Broadcasting Business, Internet Business, Shopping Business, and Other Businesses segments.

Full company description

TV Asahi Holdings Corporation, together with its subsidiaries, engages in the television (TV) broadcasting business in Japan and internationally. It operates through the TV Broadcasting Business, Internet Business, Shopping Business, and Other Businesses segments. The TV Broadcasting Business segment is involved in the sale of commercial time slots, as well as the operation of broadcasting satellite and commercial satellite businesses. Its Internet Business segment provides subscription-video-on-demand services and advertising video on demand service that comprises TVer and TV Asahi catch-up service; and operation of internet video ad distribution platform. The Shopping Business segment sells goods through television shopping programs, e-commerce, and retail. Its Other Businesses segment engages in music publication, special events production, sales of DVDs and videos, investments in motion pictures, property rental, and the sales and lease of broadcasting equipment. TV Asahi Holdings Corporation was incorporated in 1957 and is headquartered in Tokyo, Japan.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

TV Asahi Holdings reported revenue of $360B in FY2026 versus $298B in FY2022, a compound +4.8%/yr. Reported net income was $31.4B in FY2026, compounding +10.6%/yr from FY2022.

Growth Quality 58/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
$360B
Latest YoY
+11.1%
Avg. growth/yr (3Y)
+5.7%
Avg. growth/yr (5Y)
+6.4%
Avg. growth/yr (21Y)
+1.9%
Revenue +4.8%/yr
FY22 $298B
FY23 $305B
FY24 $308B
FY25 $324B
FY26 $360B
Net income +10.6%/yr
FY22 $21.0B
FY23 $16.6B
FY24 $17.1B
FY25 $25.8B
FY26 $31.4B

Watch THDDY: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "TV Asahi Holdings Fair Value". https://www.fairvalue-calculator.com/stock/THDDY

Peer Group

Broadcasting · 69 stocks

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.

Quality Score 56 · Above median
Fair Value upside +27% · Above median
Return on equity (TTM) 7% · Above median
Return on assets 3% · Above median
Net margin (TTM) 9% · Top 25%
Operating margin (TTM) 1% · Below median
Revenue growth -1% · Above median
Dividend yield (TTM) 2.3% · Below median

Valuation Multiples vs Broadcasting median · lower = cheaper

P/E (TTM) 13.1× · Cheaper than median
P/FCF 0.2× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 69 · sector 36
FUTURE 0 · sector 0
PAST 26 · sector 3
HEALTH 100 · sector 96
DIVIDEND 46 · sector 47

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Broadcasting stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Nexstar Media Group NXST $183.71 $78.52 -57%
SES S.A SESG €7.46 €15.46 +107%
PT Elang Mahkota Teknologi Tbk, through its subsidiaries, EMTK 505.00 IDR 1,094 IDR +117%
MFE-Mediaforeurope N.V MFEB €3.64 €5.38 +48%
Jiangsu Broadcasting Cable Information Network Corporation 600959 ¥3.07 ¥1.14 -63%
Sun TV Network Limited SUNTV ₹489.20 ₹586.58 +20%
MBC Group 4072 20.06 SAR 19.56 SAR -2%
Beijing Gehua Catv Network Co 600037 ¥7.13 ¥3.64 -49%
PT Surya Citra Media Tbk, SCMA 206.00 IDR 229.91 IDR +12%
Zee Entertainment Enterprises Limited ZEEL ₹92.61 ₹53.22 -43%

Compare TV Asahi Holdings with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Communication Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is TV Asahi Holdings (THDDY) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of $24.97 versus a price of $19.68, about +27% (undervalued).
What is the fair value of THDDY?
Our model-based fair value for TV Asahi Holdings is $24.97 (as of Jul 21, 2026), built from audited fundamentals. The current price is $19.68.
What is the quality score of THDDY?
TV Asahi Holdings has a Quality Score of 56/100. 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 revenue of TV Asahi Holdings (THDDY)?
TV Asahi Holdings reported trailing-twelve-month revenue of about $339B (latest available figure, as of Jul 21, 2026).
What is the net profit margin of THDDY?
The net profit margin of TV Asahi Holdings is about 8.7%, meaning it keeps roughly 8.7% of revenue as net income. Based on the latest reported figures.
Does TV Asahi Holdings pay a dividend?
TV Asahi Holdings currently shows a dividend yield of about 2.28% relative to its recent price (as of Jul 21, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track TV Asahi Holdings and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.