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Added to YB: 2026-07-09

Pitch date: 2026-07-07

NTDOY [bullish]

Nintendo Co., Ltd.

-0.87%

current return

Author Info

Heavy Moat Investments is on a journey to find high-quality businesses with a long-term investment horizon of all sizes. Sign up for the newsletter.

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 8.2T

Pitch Price

JPY 7.1K

Price Target

N/A

Dividend

N/A

EV/EBITDA

13.13

P/E

19.61

EV/Sales

2.60

Sector

Entertainment

Category

value

Show full summary:
Nintendo: A high-quality business hiding in plain sight

NTDOY: Irreplaceable IP monster (Pokémon, Mario, Zelda) w/ near-monopoly moat, 50/65 quality score. Record SW2 launch = fastest ever; margin expansion via NSO/digital/recurring rev. $14B net cash, conservative mgmt could return more. Trades cheap ~8x EBIT, 20-40% margins. Risk: memory shortage ($615M cost), cyclicality, no insider ownership, low capital return. ~5% position, $34B EV.

Read full article (9 min)