Nippon Television Holdings ranked first among undervalued stocks as of September, with fair value estimated at ¥4,712 versus a recent closing price of approximately ¥3,009, indicating substantial upside potential. Overseas expansion centered on Hulu and its content strategy are seen as key to a revaluation.
NTV ranked first in Japan's undervalued stock rankings as of 22 September, with fair value calculated at ¥4,712. Its closing price on the 18th was ¥3,009, implying expected upside of 56.6%. Compared with its competitors, NTV is among the companies with the greatest upside potential.
NTV's video streaming business, including Hulu, can be viewed as a source of long-term growth, although Hulu has a small share of Japan's SVOD market and competitors are expanding. Concerns about capital efficiency have also been raised in comparison with competitors that use Netflix as a platform for overseas expansion.
The key factors in NTV's revaluation will be the creation of hit titles in overseas markets, the impact of launching HBO Max on Hulu, and data from its digital and overseas businesses. Attention is focused on whether the interim results for the second quarter of the fiscal year ending March 2027 will show new figures for its digital business.