Added to YB: 2026-05-07
Pitch date: 2026-05-04
NTDOY [bullish]
Nintendo Co., Ltd.
Author Info
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Company Info
Nintendo Co., Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally.
Market Cap
JPY 8.7T
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.99
P/E
22.09
EV/Sales
3.02
Sector
Entertainment
Category
value
Why the Nintendo crash could be a massive opportunity to own world class IP
NTDOY: Switch 2 off to strong start vs Switch 1's 155M units; backwards compatibility leverages 129M annual SW1 players, reducing execution risk. Memory price surge (main bear case) pressures gross margins short-term but not structural; Nintendo hedged via inventory & supplier agreements. Historical 10 games/console attachment, ~30-35% EBIT margins in strong cycles vs analyst est 14-25%. Trading 5.7x-14.4x EBIT (using 50% of $14.6B cash) vs 30x+ in good times, 37x forward a year ago. Quality IP undervalued.
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