CTW Cayman
CTW Cayman is a digital entertainment company focused on operating a globally accessible, web-based gaming platform centered on Japanese animation intellectual property. Its flagship HTML5 portal, G123.jp, aggregates free-to-play titles and removes barriers such as downloads and mandatory registration, enabling instant gameplay across mobile and desktop devices. The business model emphasizes partnerships with game developers, offering distribution, marketing, and access to premium anime IP, with revenue primarily shared from in-game purchases. CTW Cayman serves the broader media and interactive entertainment ecosystem by connecting IP holders, developers, and players, and by localizing and promoting anime-themed games to international audiences. Founded in 2013 and employing several hundred staff, the company has positioned itself as a leading anime IP-based H5 games platform by gross billings, reflecting a niche scale advantage in HTML5 delivery and browser-based monetization. Its role in the market is to streamline go-to-market for developers while expanding the reach of Japanese anime franchises through live operations, user acquisition, and cross-media engagement across a curated portfolio of titles.
$1.75
-$0.23 (-11.62%)
EOD Oct 21, 2026
The business is unprofitable at the operating level (-1.18% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 32.1%, still solid. Margins contracted 10.9pp, which offsets some of the top-line progress.
At 29x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Free cash flow declined 341% versus the prior year, cash generation momentum has weakened.
28.5x earnings. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$90M
▲ +32.1% YoY
Net Income (TTM)
$4M
▼ -36.0% YoY
Op. Margin
-1.18%
▼ -10.9pp YoY
ROIC
-2.94%
▼ -21.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-$742K
▼ -341.3% YoY
Op. Cash Flow (TTM)
$6M
▼ -33.7% YoY
Net Debt
-$5M
Net Cash Position
Cash & Equiv.
$12M
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Is CTW Cayman (CTW) overvalued?
At a P/E of 28.5, CTW Cayman (CTW)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, CTW Cayman scores 39/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
Is CTW Cayman a high-quality business?+
CTW Cayman scores 39 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -1.2% operating margin and a -2.9% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is CTW Cayman a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh CTW's valuation and scores 39/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
Related stocks: Electronic Gaming & Multimedia
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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