NTDOY - Nintendo: High-Quality Intellectual Property Is Not Enough
2024-05-21 16:40:36 ET
Summary
- Nintendo has been successful in monetizing its intellectual property, but this may not be enough to justify its current valuation.
- While revenue from intellectual property has increased, console and software sales still account for the majority of Nintendo's revenue.
- Investors should therefore be cautious about Nintendo stock until more details are available about the new console, due to be released at some point next year.
Investment Thesis
Nintendo ( NTDOY ) is a company I have covered extensively on Seeking Alpha, and I've written a lot of positive things about the company from the perspective of its impressive portfolio of intellectual property....
Nintendo: High-Quality Intellectual Property Is Not Enough