Buy Or Sell Opportunity • 10h
Now 22% undervalued Over the last 90 days, the stock has risen 58% to NT$256. The fair value is estimated to be NT$328, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.6% over the last year. Earnings per share has declined by 38%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 53% in the next 2 years. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to NT$211, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Luxury industry in Taiwan. Total loss to shareholders of 24% over the past year. Simply Wall St's valuation model estimates the intrinsic value at NT$353 per share. Reported Earnings • May 11
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: EPS: NT$0.75 (down from NT$3.66 in 1Q 2025). Revenue: NT$7.08b (down 27% from 1Q 2025). Net income: NT$188.1m (down 79% from 1Q 2025). Profit margin: 2.7% (down from 9.4% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 9.2%. Earnings per share (EPS) also missed analyst estimates by 64%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Luxury industry in Taiwan. Major Estimate Revision • May 09
Consensus EPS estimates fall by 20% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$38.1b to NT$36.5b. EPS estimate also fell from NT$12.26 per share to NT$9.75 per share. Net income forecast to shrink 25% next year vs 14% growth forecast for Luxury industry in Taiwan . Consensus price target down from NT$247 to NT$242. Share price was steady at NT$154 over the past week. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$176, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Luxury industry in Taiwan. Total loss to shareholders of 45% over the past year. Simply Wall St's valuation model estimates the intrinsic value at NT$246 per share. Major Estimate Revision • Mar 13
Consensus revenue estimates fall by 19% The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from NT$46.6b to NT$38.0b. EPS estimate fell from NT$16.82 to NT$12.21 per share. Net income forecast to shrink 6.2% next year vs 12% growth forecast for Luxury industry in Taiwan . Consensus price target down from NT$315 to NT$271. Share price fell 8.4% to NT$163 over the past week. Price Target Changed • Mar 11
Price target decreased by 9.2% to NT$286 Down from NT$315, the current price target is an average from 11 analysts. New target price is 75% above last closing price of NT$164. Stock is down 55% over the past year. The company is forecast to post earnings per share of NT$11.84 for next year compared to NT$13.02 last year. Reported Earnings • Mar 08
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: NT$13.02 (down from NT$16.13 in FY 2024). Revenue: NT$39.6b (up 5.1% from FY 2024). Net income: NT$3.25b (down 15% from FY 2024). Profit margin: 8.2% (down from 10% in FY 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.1%. Earnings per share (EPS) also missed analyst estimates by 3.0%. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Luxury industry in Taiwan. Announcement • Mar 06
Lai Yih Footwear Co., Ltd., Annual General Meeting, Jun 16, 2026 Lai Yih Footwear Co., Ltd., Annual General Meeting, Jun 16, 2026. Location: 4 floor no,610, t`ai wan ta tao, hsi tun district, taichung city Taiwan Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$283, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 16x in the Luxury industry in Taiwan. Total loss to shareholders of 27% over the past year. Simply Wall St's valuation model estimates the intrinsic value at NT$387 per share. Reported Earnings • Nov 12
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: NT$2.04 (down from NT$3.20 in 3Q 2024). Revenue: NT$8.02b (down 14% from 3Q 2024). Net income: NT$509.4m (down 36% from 3Q 2024). Profit margin: 6.3% (down from 8.6% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 8.9%. Earnings per share (EPS) also missed analyst estimates by 4.4%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Luxury industry in Taiwan. Price Target Changed • Oct 10
Price target decreased by 11% to NT$289 Down from NT$326, the current price target is an average from 9 analysts. New target price is 14% above last closing price of NT$255. Stock is down 29% over the past year. The company is forecast to post earnings per share of NT$13.21 for next year compared to NT$16.13 last year. Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$254, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 17x in the Luxury industry in Taiwan. Total loss to shareholders of 29% over the past year. Simply Wall St's valuation model estimates the intrinsic value at NT$463 per share. Price Target Changed • Sep 03
Price target decreased by 7.4% to NT$353 Down from NT$381, the current price target is an average from 10 analysts. New target price is 59% above last closing price of NT$223. Stock is down 42% over the past year. The company is forecast to post earnings per share of NT$13.56 for next year compared to NT$16.13 last year. Reported Earnings • Aug 28
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: NT$3.45 (down from NT$4.72 in 2Q 2024). Revenue: NT$11.3b (up 16% from 2Q 2024). Net income: NT$861.5m (down 20% from 2Q 2024). Profit margin: 7.6% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 1.4%. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Luxury industry in Taiwan. Major Estimate Revision • Aug 27
Consensus EPS estimates fall by 11% The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$44.2b to NT$41.2b. EPS estimate also fell from NT$16.31 per share to NT$14.50 per share. Net income forecast to shrink 0.7% next year vs 1.8% growth forecast for Luxury industry in Taiwan . Consensus price target broadly unchanged at NT$375. Share price was steady at NT$234 over the past week. Upcoming Dividend • Jun 19
Upcoming dividend of NT$9.00 per share Eligible shareholders must have bought the stock before 26 June 2025. Payment date: 28 July 2025. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (4.5%). Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$339, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 15x in the Luxury industry in Taiwan. Total returns to shareholders of 33% over the past year. Simply Wall St's valuation model estimates the intrinsic value at NT$538 per share. Price Target Changed • Jun 14
Price target decreased by 7.6% to NT$440 Down from NT$477, the current price target is an average from 10 analysts. New target price is 40% above last closing price of NT$314. Stock is up 31% over the past year. The company is forecast to post earnings per share of NT$18.38 for next year compared to NT$16.13 last year. Announcement • May 28
Lai Yih Footwear Co., Ltd. Appoints Chou,Yin-Hsiang as Independent Director Lai Yih Footwear Co., Ltd. at its shareholders meeting held on May 27, 2025 appointed Chou,Yin-Hsiang as Independent Director. Reported Earnings • May 15
First quarter 2025 earnings: EPS exceeds analyst expectations First quarter 2025 results: EPS: NT$3.66 (up from NT$3.36 in 1Q 2024). Revenue: NT$9.68b (up 25% from 1Q 2024). Net income: NT$913.5m (up 24% from 1Q 2024). Profit margin: 9.4% (in line with 1Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.4%. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Luxury industry in Taiwan. Valuation Update With 7 Day Price Move • May 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to NT$283, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 12x in the Luxury industry in Taiwan. Simply Wall St's valuation model estimates the intrinsic value at NT$360 per share. Buy Or Sell Opportunity • May 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 40% to NT$285. The fair value is estimated to be NT$361, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 45%. For the next 3 years, revenue is forecast to grow by 16% per annum. Earnings are also forecast to grow by 19% per annum over the same time period. Announcement • May 06
Lai Yih Footwear Co., Ltd. to Report Q1, 2025 Results on May 13, 2025 Lai Yih Footwear Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025 Valuation Update With 7 Day Price Move • Apr 23
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to NT$364, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 12x in the Luxury industry in Taiwan. Simply Wall St's valuation model estimates the intrinsic value at NT$373 per share. Buy Or Sell Opportunity • Apr 09
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 33% to NT$279. The fair value is estimated to be NT$373, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 45%. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 20% per annum over the same time period. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to NT$309, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Luxury industry in Taiwan. Simply Wall St's valuation model estimates the intrinsic value at NT$373 per share. New Risk • Mar 18
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.7% average weekly change). High level of non-cash earnings (30% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to NT$322, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Luxury industry in Taiwan. Simply Wall St's valuation model estimates the intrinsic value at NT$197 per share. New Risk • Mar 14
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.7% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (30% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.6% average weekly change). Reported Earnings • Mar 11
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: NT$16.13 (up from NT$6.27 in FY 2023). Revenue: NT$37.7b (up 35% from FY 2023). Net income: NT$3.82b (up 177% from FY 2023). Profit margin: 10% (up from 4.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.3%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Luxury industry in Taiwan. Announcement • Mar 08
Lai Yih Footwear Co., Ltd., Annual General Meeting, May 27, 2025 Lai Yih Footwear Co., Ltd., Annual General Meeting, May 27, 2025. Location: 4 floor no,610, t`ai wan ta tao, hsi tun district, taichung city Taiwan Major Estimate Revision • Mar 07
Consensus EPS estimates fall by 12% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from NT$20.50 to NT$17.97 per share. Revenue forecast steady at NT$47.2b. Net income forecast to grow 34% next year vs 27% growth forecast for Luxury industry in Taiwan. Consensus price target broadly unchanged at NT$541. Share price fell 11% to NT$390 over the past week. Announcement • Mar 06
Lai Yih Footwear Co., Ltd. Announces Demise of Lin, Huo-Dang as Independent Director Lai Yih Footwear Co., Ltd. announced Demise of Lin, Huo-Dang as Independent Director. Resume of the previous position holder: Independent director of HEY SONG CORPORATION. Director of Grand Fortune Securities Co.,Ltd. Director of SHACOM. COM INC. Original term was May 30, 2024 to May, 29 2027. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to NT$490, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 13x in the Luxury industry in Taiwan. Reported Earnings • Nov 14
Third quarter 2024 earnings: EPS misses analyst expectations Third quarter 2024 results: EPS: NT$3.20 (up from NT$2.13 in 3Q 2023). Revenue: NT$9.30b (up 39% from 3Q 2023). Net income: NT$798.0m (up 70% from 3Q 2023). Profit margin: 8.6% (up from 7.0% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 21%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Luxury industry in Taiwan. Announcement • Nov 02
Lai Yih Footwear Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024 Lai Yih Footwear Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024 Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$405, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Luxury industry in Taiwan. Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$385, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 14x in the Luxury industry in Taiwan. Reported Earnings • Aug 28
Second quarter 2024 earnings released: EPS: NT$4.72 (vs NT$2.13 in 2Q 2023) Second quarter 2024 results: EPS: NT$4.72 (up from NT$2.13 in 2Q 2023). Revenue: NT$9.77b (up 46% from 2Q 2023). Net income: NT$1.07b (up 130% from 2Q 2023). Profit margin: 11% (up from 7.0% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Luxury industry in Taiwan. Announcement • Aug 14
Lai Yih Footwear Co., Ltd. to Report Q2, 2024 Results on Aug 22, 2024 Lai Yih Footwear Co., Ltd. announced that they will report Q2, 2024 results on Aug 22, 2024 Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to NT$253, the stock trades at a trailing P/E ratio of 30.4x. Average forward P/E is 16x in the Luxury industry in Taiwan. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$340, the stock trades at a trailing P/E ratio of 40.8x. Average forward P/E is 17x in the Luxury industry in Taiwan. Announcement • Jul 02
Lai Yih Footwear Co., Ltd. Announces Cash Dividend, Payable on August 16, 2024 Lai Yih Footwear Co., Ltd. announced type and monetary amount of common stock dividend distribution: Cash dividends of TWD 660,000,000, and cash distribution from capital surplus of TWD 440,000,000 and Cash distribution from earnings is TWD 3 per share, and cash distribution from capital surplus is TWD 2 per share, totaling TWD 5 per share. Revised types and amounts of cash distribution from earnings is TWD 2.64635124 per share, and cash distribution from capital surplus is TWD 1.76423416 per share. The total adjusted cash distribution per share is TWD 4.41058540, amounting to a total of TWD 1,100,000,000. Ex-rights (ex-dividend) trading date: July 17, 2024. Ex-rights (ex-dividend) record date: July 23, 2024. Payment date of common stock cash dividend distribution: August 16, 2024. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: July 1, 2024. Announcement • Jun 13
Lai Yih Footwear Co., Ltd. has completed an IPO in the amount of TWD 2.938202 billion. Lai Yih Footwear Co., Ltd. has completed an IPO in the amount of TWD 2.938202 billion.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 19,991,000
Price\Range: TWD 125.3
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 5,098,000
Price\Range: TWD 85 
