Loading...

We've got a brand new version of Simply Wall St! Try it out

GMO Media

TSE:6180
Snowflake Description

Fair value with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
6180
TSE
¥3B
Market Cap
  1. Home
  2. JP
  3. Media
Company description

GMO Media Inc. provides Internet and related advertising services to in Asia and internationally. The last earnings update was 23 days ago. More info.


Add to Portfolio Compare Print
6180 Share Price and Events
7 Day Returns
-0.1%
TSE:6180
0.2%
JP Interactive Media and Services
-0.4%
JP Market
1 Year Returns
-22.3%
TSE:6180
12.6%
JP Interactive Media and Services
4.3%
JP Market
6180 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
GMO Media (6180) -0.1% 0.9% -0.1% -22.3% -52.6% -
JP Interactive Media and Services 0.2% 13.3% 21.8% 12.6% 6.3% -6.7%
JP Market -0.4% 2.4% 10.8% 4.3% 16.2% 24.8%
1 Year Return vs Industry and Market
  • 6180 underperformed the Interactive Media and Services industry which returned 12.6% over the past year.
  • 6180 underperformed the Market in Japan which returned 4.3% over the past year.
Price Volatility
6180
Industry
5yr Volatility vs Market

Value

 Is GMO Media undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of GMO Media to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for GMO Media.

TSE:6180 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.4%
Perpetual Growth Rate 10-Year JP Government Bond Rate -0.1%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSE:6180
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year JP Govt Bond Rate -0.1%
Equity Risk Premium S&P Global 6.3%
Interactive Media and Services Unlevered Beta Simply Wall St/ S&P Global 1.04
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.038 (1 + (1- 30.86%) (0%))
1.025
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.09% + (1.025 * 6.33%)
6.4%

Discounted Cash Flow Calculation for TSE:6180 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for GMO Media is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

TSE:6180 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 6.4%)
2020 305.03 Est @ 6.07% 286.68
2021 317.90 Est @ 4.22% 280.80
2022 327.20 Est @ 2.93% 271.63
2023 333.82 Est @ 2.02% 260.45
2024 338.45 Est @ 1.39% 248.19
2025 341.65 Est @ 0.94% 235.46
2026 343.81 Est @ 0.63% 222.70
2027 345.25 Est @ 0.42% 210.18
2028 346.16 Est @ 0.26% 198.06
2029 346.71 Est @ 0.16% 186.44
Present value of next 10 years cash flows ¥2,400.00
TSE:6180 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ¥346.71 × (1 + -0.09%) ÷ (6.4% – -0.09%)
¥5,337.04
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥5,337.04 ÷ (1 + 6.4%)10
¥2,869.89
TSE:6180 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥2,400.00 + ¥2,869.89
¥5,269.89
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥5,269.89 / 1.87
¥2819.88
TSE:6180 Discount to Share Price
Calculation Result
Value per share (JPY) From above. ¥2,819.88
Current discount Discount to share price of ¥1,490.00
= -1 x (¥1,490.00 - ¥2,819.88) / ¥2,819.88
47.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price GMO Media is available for.
Intrinsic value
47%
Share price is ¥1490 vs Future cash flow value of ¥2819.88
Current Discount Checks
For GMO Media to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • GMO Media's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • GMO Media's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for GMO Media's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are GMO Media's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSE:6180 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in JPY ¥-18.39
TSE:6180 Share Price ** TSE (2019-12-04) in JPY ¥1490
Japan Interactive Media and Services Industry PE Ratio Median Figure of 43 Publicly-Listed Interactive Media and Services Companies 36.63x
Japan Market PE Ratio Median Figure of 3,068 Publicly-Listed Companies 15.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of GMO Media.

TSE:6180 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:6180 Share Price ÷ EPS (both in JPY)

= 1490 ÷ -18.39

-81.02x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • GMO Media is loss making, we can't compare its value to the JP Interactive Media and Services industry average.
  • GMO Media is loss making, we can't compare the value of its earnings to the Japan market.
Price based on expected Growth
Does GMO Media's expected growth come at a high price?
Raw Data
TSE:6180 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -81.02x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Japan Interactive Media and Services Industry PEG Ratio Median Figure of 24 Publicly-Listed Interactive Media and Services Companies 1.98x
Japan Market PEG Ratio Median Figure of 1,368 Publicly-Listed Companies 1.88x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for GMO Media, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on GMO Media's assets?
Raw Data
TSE:6180 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in JPY ¥1,337.45
TSE:6180 Share Price * TSE (2019-12-04) in JPY ¥1490
Japan Interactive Media and Services Industry PB Ratio Median Figure of 50 Publicly-Listed Interactive Media and Services Companies 4.52x
Japan Market PB Ratio Median Figure of 3,527 Publicly-Listed Companies 1.12x
TSE:6180 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:6180 Share Price ÷ Book Value per Share (both in JPY)

= 1490 ÷ 1,337.45

1.11x

* Primary Listing of GMO Media.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • GMO Media is good value based on assets compared to the JP Interactive Media and Services industry average.
X
Value checks
We assess GMO Media's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Interactive Media and Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Interactive Media and Services industry average (and greater than 0)? (1 check)
  5. GMO Media has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is GMO Media expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as GMO Media has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
27.9%
Expected Interactive Media and Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is GMO Media expected to grow at an attractive rate?
  • Unable to compare GMO Media's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare GMO Media's earnings growth to the Japan market average as no estimate data is available.
  • Unable to compare GMO Media's revenue growth to the Japan market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSE:6180 Future Growth Rates Data Sources
Data Point Source Value (per year)
Japan Interactive Media and Services Industry Earnings Growth Rate Market Cap Weighted Average 27.9%
Japan Interactive Media and Services Industry Revenue Growth Rate Market Cap Weighted Average 8.7%
Japan Market Earnings Growth Rate Market Cap Weighted Average 9.4%
Japan Market Revenue Growth Rate Market Cap Weighted Average 3.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSE:6180 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSE:6180 Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
TSE:6180 Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-09-30 4,198 -32
2019-06-30 4,139 343 102
2019-03-31 4,273 137
2018-12-31 4,533 380 197
2018-09-30 4,653 220
2018-06-30 4,747 399 243
2018-03-31 4,524 255
2017-12-31 4,377 328 252
2017-09-30 4,514 250
2017-06-30 4,841 560 268
2017-03-31 5,158 290
2016-12-31 5,304 554 319

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if GMO Media is high growth as no earnings estimate data is available.
  • Unable to determine if GMO Media is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSE:6180 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from GMO Media Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSE:6180 Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
TSE:6180 Past Financials Data
Date (Data in JPY Millions) EPS *
2019-09-30 -18.39
2019-06-30 58.63
2019-03-31 78.76
2018-12-31 113.29
2018-09-30 126.57
2018-06-30 139.87
2018-03-31 146.84
2017-12-31 145.15
2017-09-30 144.02
2017-06-30 154.41
2017-03-31 167.10
2016-12-31 183.81

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if GMO Media will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether GMO Media is trading at GMO Media'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. GMO Media's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Media companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess GMO Media's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Japan market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Japan market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
GMO Media has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has GMO Media performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare GMO Media's growth in the last year to its industry (Interactive Media and Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • GMO Media does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare GMO Media's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare GMO Media's 1-year growth to the JP Interactive Media and Services industry average as it is not currently profitable.
Earnings and Revenue History
GMO Media's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from GMO Media Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSE:6180 Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 4,198.00 -32.00 1,020.00
2019-06-30 4,139.00 102.00 1,017.00
2019-03-31 4,273.00 137.00 1,017.00
2018-12-31 4,533.00 197.00 1,031.00
2018-09-30 4,653.00 220.00 1,047.00
2018-06-30 4,747.00 243.00 1,053.00
2018-03-31 4,524.00 255.00 1,037.00
2017-12-31 4,377.00 252.00 1,040.00
2017-09-30 4,514.00 250.00 1,127.00
2017-06-30 4,841.00 268.00 1,212.00
2017-03-31 5,158.00 290.00 1,301.00
2016-12-31 5,304.00 319.00 1,349.00
2016-09-30 5,175.00 266.00 1,376.00
2016-06-30 4,727.00 247.00 1,305.00
2016-03-31 4,350.00 261.50 1,209.50
2015-12-31 3,855.00 205.00 1,131.00
2014-12-31 3,324.00 146.00 1,168.00
2013-12-31 2,462.00 269.00 1,016.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if GMO Media has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if GMO Media has efficiently used its assets last year compared to the JP Interactive Media and Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if GMO Media improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess GMO Media's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Interactive Media and Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
GMO Media has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is GMO Media's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up GMO Media's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • GMO Media is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • GMO Media's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of GMO Media's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are -36.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from GMO Media Company Filings, last reported 2 months ago.

TSE:6180 Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 2,328.00 0.00 2,475.00
2019-06-30 2,427.00 0.00 2,590.00
2019-03-31 2,434.00 0.00 2,562.00
2018-12-31 2,487.00 0.00 2,522.00
2018-09-30 2,467.00 0.00 2,449.00
2018-06-30 2,435.00 0.00 2,516.00
2018-03-31 2,402.00 0.00 2,373.00
2017-12-31 2,420.00 0.00 2,424.00
2017-09-30 2,360.00 0.00 2,313.00
2017-06-30 2,301.00 0.00 2,375.00
2017-03-31 2,262.00 0.00 2,252.00
2016-12-31 2,318.00 0.00 2,372.00
2016-09-30 2,268.00 0.00 2,225.00
2016-06-30 2,192.00 0.00 2,164.00
2016-03-31 2,131.00 0.00 2,044.00
2015-12-31 2,093.00 0.00 2,096.00
2014-12-31 780.00 0.00 818.00
2013-12-31 786.00 0.00 373.00
  • Unable to establish if GMO Media's level of debt is high without past debt data.
  • Unable to establish if GMO Media's debt level has increased without past 5-year debt data.
  • Operating cash flow is negative therefore debt is not well covered.
  • GMO Media has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess GMO Media's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. GMO Media has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is GMO Media's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from GMO Media dividends.
If you bought ¥2,000 of GMO Media shares you are expected to receive ¥0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate GMO Media's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate GMO Media's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSE:6180 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Japan Interactive Media and Services Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 2.1%
Japan Market Average Dividend Yield Market Cap Weighted Average of 2972 Stocks 2.3%
Japan Minimum Threshold Dividend Yield 10th Percentile 0.8%
Japan Bottom 25% Dividend Yield 25th Percentile 1.3%
Japan Top 25% Dividend Yield 75th Percentile 3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

TSE:6180 Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as GMO Media has not reported any payouts.
  • Unable to verify if GMO Media's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of GMO Media's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as GMO Media has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess GMO Media's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can GMO Media afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. GMO Media has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of GMO Media's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Teruyuki Mori
AGE 48
TENURE AS CEO 17.8 years
CEO Bio

Mr. Teruyuki Mori has been the President of GMO Media Inc. since February 2002 and served as its Managing Director until April 12 2016. Mr. Mori served as Managing Director of Kabegami.com since August 2002. He served as Managing Director of GMOMediaHoldings,Inc. since April 2005. He has been a Representative Director at GMO Media Inc. since February 2002 and served as its Director since September 2001. Mr. Mori served as Director at Innovex Co., Ltd. (now GMO TECH, Inc.) since April 2009 and GMO Kumapon, Inc. since March 2011. He served as Director of GMO Tea Cup Communication, Inc. since July 2003 and GMO EC Laboratory, Inc. since March 2011. Mr. Mori serves as a Director of GMO Internet Inc.

CEO Compensation
  • Insufficient data for Teruyuki to compare compensation growth.
  • Insufficient data for Teruyuki to establish whether their remuneration is reasonable compared to companies of similar size in Japan.
Management Team Tenure

Average tenure of the GMO Media management team in years:

13.7
Average Tenure
  • The average tenure for the GMO Media management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Teruyuki Mori

TITLE
President & Representative Director
AGE
48
TENURE
17.8 yrs

Seigo Ishibashi

TITLE
Manager of Administration Department & Executive Director
TENURE
12.7 yrs

Masahiko Beppu

TITLE
Manager of Service Development Department & Director
TENURE
13.7 yrs

Takashi Ogawa

TITLE
Board of Directors Tenure

Average tenure and age of the GMO Media board of directors in years:

14.3
Average Tenure
50.5
Average Age
  • The average tenure for the GMO Media board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Masatoshi Kumagai

TITLE
Chairman of the Board
AGE
56
TENURE
16.8 yrs

Teruyuki Mori

TITLE
President & Representative Director
AGE
48
TENURE
17.8 yrs

Seigo Ishibashi

TITLE
Manager of Administration Department & Executive Director
TENURE
11.8 yrs

Masahiko Beppu

TITLE
Manager of Service Development Department & Director
TENURE
9.7 yrs

Yasuhiro Natsume

TITLE
Director

Masashi Yasuda

TITLE
AGE
48
TENURE
17.9 yrs

Seiji Taniguchi

TITLE
External Auditor
AGE
53

Kazuyuki Tsukamoto

TITLE
Full-Time External Auditor
TENURE
5.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (¥) Value (¥)
X
Management checks
We assess GMO Media's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. GMO Media has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

GMO Media Inc. provides Internet and related advertising services to in Asia and internationally. It offers PointTown, an application which provides games and questionnaires in exchange of saved points for cash, electronic money, and gift certificates; Gooseno, a browser game platform that provides various contents from PC to smartphone to casual games; prican that provides content for teenage girls, including preimage and pre-novel; CoordiSnap, a fashion sharing SNS; yaplog!, a free blog service; Coeteco, which offers programming education; freeml, a mailing list service; and RankingShare shares selected information in ranking or ten-selection format, primarily on gourmet and various items. The company also provides wallpaper portal site through Wallpapers.com, as well as offers teacup that provides bulletin boards and blogs. The company was founded in 2000 and is based in Tokyo, Japan. GMO Media Inc. is a subsidiary of GMO Internet, Inc.

Details
Name: GMO Media Inc.
6180
Exchange: TSE
Founded: 2000
¥2,784,570,110
1,868,839
Website: http://www.gmo.media
Address: GMO Media Inc.
Cerulean Tower,
9th Floor,
Tokyo,
150-8512,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 6180 Common Stock The Tokyo Stock Exchange JP JPY 23. Oct 2015
Number of employees
Current staff
Staff numbers
113
GMO Media employees.
Industry
Interactive Media and Services
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/05 15:46
End of day share price update: 2019/12/04 00:00
Last estimates confirmation: 2019/02/08
Last earnings filing: 2019/11/12
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.