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DeNA Co., Ltd. (2432.T)

Japan Exchange Group Technology Electronic Gaming & MultimediaView data quality →
66.5Fair

ValueMarkers Composite Index

Top 96%#1,800 of 44,722
Undervalued

73% below intrinsic value ($66)

UndervaluedFair ValueOvervalued
Piotroski
8/9
Strong
Beneish
-2.62
Low Risk
Altman
2.75
Grey Zone
DCF Value
$66
Undervalued
ROIC
7.9%
Low
P/E
11.6
Value
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

DeNA Co., Ltd. (2432.T) — VMCI valuation read

Composite valuation read on 2432.T: VMCI 67/100 against a Technology sector median of 50. The 17-point above-median print is the headline number for DeNA Co., Ltd., and at the mid-cap tier it reflects how the five pillars combine into a single decision-grade score.

Trailing 30-day insider activity for 2432.T: nothing material on SEC EDGAR. With the Form 4 channel quiet, the price-vs-DCF gap and the trailing margin trend carry more weight in the active read.

**Investor frame.** Value, quality, risk in three lines on 2432.T: 2432.T trades at 19.0x earnings, 6% above the Technology median of 18.0x; ROIC of 9.0% trails the Technology median (10.0%) by 1.0pp; net debt to EBITDA of -1.4x leaves covenant headroom. EV/EBITDA at 14.0x versus 12.0x for Technology closes the value frame.

2432.T rose 3.0% over the trailing 7 days, with a +4.8% read on a 30-day basis.

DeNA Co., Ltd. develops and operates mobile and online services worldwide. The company operates through Game Business, Sports Business, Live Streaming Business, Healthcare Business, and New Businesses and Others segments. It operates Mobage, an entertainment platform; Yahoo! Mobage, which offers games for PC browsers; and AndApp, a platform that allows users to play mobile game apps on PC browsers under the same user account; Pococha, a social live streaming community; and IRIAM, an app which allows to livestream as an anime character. The company also operates SHOWROOM, a virtual stage where fans can watch their artists perform live while interacting with them in real time; MYCODE, a direct-to-consumer genetic testing service; kencom, which supports health insurance societies to manage their members' health data; Haretoke, a web service which provides support for millennial women; Caradamo that offers diet support; and ONSEI, an app that uses AI to check for changes in cognitive function. In addition, it operates MENKYO, which enables cognitive function test for elderly drivers seeking license renewal; SHINRI-ADAS, a cognitive functional test; MRI-TAISEKI, a system that analyses brain DICOM images; Easiit, a brain performance app; and DENA SPORTS GROUP, Yokohama DeNA Baystars, Kawasaki Brave Thunders, S.C.SAGAMIHARA, and DeNA Athletics Elite sports teams. Further, the company operates Mobaoku, which allows users to manage their auction items and bids from mobile phones; Anyca, a mobile app for peer-to-peer car sharing; SOMPO DE NORU, a car leasing service; GO, a taxi dispatch app; DRIVE CHART, an accident reduction support service; Coopel, a cloud robotic process automation service; PLAYBACK 9, a NFT service; Easy Ride, a robo-vehicle mobility service; Manga Box, a weekly manga magazine app; and PICKFIVE, a NFT card game. The company was founded in 1999 and is headquartered in Tokyo, Japan.

CEO: Shingo Okamura2,897 employeesJPdena.com/intl

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