TryHard Holdings Limited (THH) 株式分析

企業概要

TryHard Holdings Limited is a lifestyle entertainment enterprise that delivers comprehensive services within the entertainment and hospitality domains through distinct operational segments. The corporation operates via four primary divisions: Consultancy and Management, Event Curation, Sub-Leasing, and Restaurants, offering multi-genre event curation services to its clientele. This entity functions within the Industrials sector, specifically categorized under Specialty Business Services, which typically involves providing specialized expertise to other industries rather than manufacturing physical goods. The company's market capitalization stands at $19.27M, while its trailing twelve-month revenue reaches $3.54B, employing a workforce of 116 individuals. The juxtaposition of a market cap of $19.27M against annual revenue of $3.54B indicates a significant disparity between the company's market valuation and its reported sales volume, suggesting that the stock price may not fully reflect the top-line economic activity generated by its operations.

財務健全性

The company reported revenue of $3.54B over the trailing twelve months, with a corresponding net income of $15.11M and an EBITDA of $-19,902,000. The substantial gap between the $3.54B revenue and the $15.11M net income reveals a cost structure where operating expenses, including taxes and interest, consume the vast majority of earnings before interest and taxes, resulting in a negative EBITDA. Free cash flow stands at $-155,102,624, which indicates that the company is generating a net outflow of cash from its core operations after capital expenditures, thereby limiting its immediate financial flexibility for internal reinvestment or debt reduction. The gross margin is recorded at 18.9%, while the operating margin is negative at -6.3%, and the profit margin is 0.4%; these figures collectively demonstrate that while the company retains nearly 19% of sales revenue after direct costs, operational inefficiencies and high overheads erode profitability to a near-zero level. On the balance sheet, cash holdings total $19.52M, whereas total debt amounts to $2.01B, creating a stark contrast where liabilities vastly exceed liquid assets. The debt-to-equity ratio is 257.77, indicating an extremely leveraged position where equity capital is minimal relative to outstanding obligations, which increases financial risk during periods of rising interest rates or economic downturns. Furthermore, the current ratio is 0.99, signaling that current assets fall slightly short of covering current liabilities, which implies potential short-term liquidity constraints in meeting immediate obligations. Return on equity is 2.6%, and return on assets is -1.6%, metrics that reveal management's effectiveness is currently compromised, as the company generates negative returns on the total asset base and minimal returns for shareholders.

バリュエーション評価

The P/E ratio (TTM) is listed as N/A, and the forward P/E is also N/A, reflecting the negative earnings which prevent the calculation of traditional price-to-earnings multiples; this absence implies that the market is not valuing the stock based on current or projected earnings per share. The price-to-book ratio is 3.81, suggesting that the market is pricing the company's equity at a significant premium relative to its net asset value, despite the negative earnings and high leverage. The price-to-sales ratio is 0.01, and the EV/EBITDA is -101.18, metrics that suggest the valuation is decoupled from sales performance and negative cash generation, often seen in distressed or turnaround situations where traditional valuation models fail. The 52-week high is $55.05 and the 52-week low is $0.31, and given the current market cap of $19.27M and the historical range, the stock is trading in a highly volatile band with a massive distance from the high, though the specific current share price is not explicitly provided to calculate the exact percentage below the high, the range itself highlights extreme price discovery volatility. The beta value is N/A, meaning there is insufficient data provided to quantify the stock's price volatility relative to the broader market, leaving investors unable to gauge the systematic risk exposure using standard statistical measures.

Growth & Income

Revenue growth year-over-year is 21.9%, while earnings growth year-over-year is -86.2%, indicating that revenue expansion is outpacing earnings generation significantly as profitability deteriorates sharply. The company does not pay dividends, evidenced by a dividend yield of N/A and a payout ratio of 0.0%, which implies that the firm retains all earnings or utilizes cash reserves to service debt rather than distributing income to shareholders. Since the company is not a dividend payer, it effectively reinvests any available liquidity or retains earnings, although the negative free cash flow suggests that internal funding sources are currently insufficient to support aggressive expansion without external financing. Overall, the growth and income profile is characterized by strong top-line expansion offset by severe profitability contraction and a complete absence of shareholder distributions.