View ValuationFeng Tay Enterprises 将来の成長Future 基準チェック /26Feng Tay Enterprises利益と収益がそれぞれ年間11%と3.6%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に20.7% 11%なると予測されています。主要情報11.0%収益成長率11.02%EPS成長率Luxury 収益成長13.3%収益成長率3.6%将来の株主資本利益率20.73%アナリストカバレッジGood最終更新日07 Jul 2026今後の成長に関する最新情報Major Estimate Revision • Jun 12Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from NT$5.78 to NT$5.10 per share. Revenue forecast steady at NT$82.6b. Net income forecast to grow 13% next year vs 26% growth forecast for Luxury industry in Taiwan. Consensus price target down from NT$99.47 to NT$87.84. Share price rose 20% to NT$92.40 over the past week.Price Target Changed • Jun 11Price target decreased by 11% to NT$87.84Down from NT$99.09, the current price target is an average from 11 analysts. New target price is 5.9% below last closing price of NT$93.30. Stock is down 24% over the past year. The company is forecast to post earnings per share of NT$5.10 for next year compared to NT$5.10 last year.Price Target Changed • Apr 08Price target decreased by 9.6% to NT$101Down from NT$111, the current price target is an average from 11 analysts. New target price is 24% above last closing price of NT$81.00. Stock is down 8.0% over the past year. The company is forecast to post earnings per share of NT$5.46 for next year compared to NT$5.10 last year.Price Target Changed • Oct 14Price target increased by 7.4% to NT$123Up from NT$115, the current price target is an average from 12 analysts. New target price is 5.8% below last closing price of NT$131. Stock is down 5.8% over the past year. The company is forecast to post earnings per share of NT$5.10 for next year compared to NT$5.94 last year.Price Target Changed • Oct 02Price target increased by 7.8% to NT$123Up from NT$114, the current price target is an average from 12 analysts. New target price is 7.8% below last closing price of NT$133. Stock is down 13% over the past year. The company is forecast to post earnings per share of NT$5.10 for next year compared to NT$5.94 last year.分析記事 • Mar 11Analyst Estimates: Here's What Brokers Think Of Feng Tay Enterprises Co., Ltd. (TWSE:9910) After Its Yearly ReportFeng Tay Enterprises Co., Ltd. ( TWSE:9910 ) shareholders are probably feeling a little disappointed, since its shares...すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to NT$73.20, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Luxury industry in Taiwan. Total loss to shareholders of 52% over the past three years.Major Estimate Revision • Jun 12Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from NT$5.78 to NT$5.10 per share. Revenue forecast steady at NT$82.6b. Net income forecast to grow 13% next year vs 26% growth forecast for Luxury industry in Taiwan. Consensus price target down from NT$99.47 to NT$87.84. Share price rose 20% to NT$92.40 over the past week.Price Target Changed • Jun 11Price target decreased by 11% to NT$87.84Down from NT$99.09, the current price target is an average from 11 analysts. New target price is 5.9% below last closing price of NT$93.30. Stock is down 24% over the past year. The company is forecast to post earnings per share of NT$5.10 for next year compared to NT$5.10 last year.Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$79.00, 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 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$116 per share.Declared Dividend • May 30Dividend reduced to NT$4.10Dividend of NT$4.10 is 20% lower than last year. Ex-date: 15th June 2026 Payment date: 16th July 2026 Dividend yield will be 5.8%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.68 (vs NT$1.16 in 1Q 2025)First quarter 2026 results: EPS: NT$0.68 (down from NT$1.16 in 1Q 2025). Revenue: NT$19.2b (down 7.2% from 1Q 2025). Net income: NT$674.0m (down 41% from 1Q 2025). Profit margin: 3.5% (down from 5.5% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.Buy Or Sell Opportunity • Apr 10Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 28% to NT$77.20. The fair value is estimated to be NT$97.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.0% over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 5.0% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.Price Target Changed • Apr 08Price target decreased by 9.6% to NT$101Down from NT$111, the current price target is an average from 11 analysts. New target price is 24% above last closing price of NT$81.00. Stock is down 8.0% over the past year. The company is forecast to post earnings per share of NT$5.46 for next year compared to NT$5.10 last year.お知らせ • Mar 11Feng Tay Enterprises Co., Ltd., Annual General Meeting, May 28, 2026Feng Tay Enterprises Co., Ltd., Annual General Meeting, May 28, 2026, at 10:00 Taipei Standard Time. Location: no,52, k`o kung 8th rd., douliou city, yunlin county TaiwanReported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$5.10 (vs NT$5.94 in FY 2024)Full year 2025 results: EPS: NT$5.10 (down from NT$5.94 in FY 2024). Revenue: NT$83.5b (down 4.5% from FY 2024). Net income: NT$5.04b (down 14% from FY 2024). Profit margin: 6.0% (down from 6.7% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year.Buy Or Sell Opportunity • Jan 08Now 24% overvaluedOver the last 90 days, the stock has fallen 18% to NT$111. The fair value is estimated to be NT$88.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years. Earnings per share has declined by 18%. Revenue is forecast to grow by 8.9% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.Reported Earnings • Nov 14Third quarter 2025 earnings: EPS in line with expectations, revenues disappointThird quarter 2025 results: EPS: NT$1.76 (up from NT$1.45 in 3Q 2024). Revenue: NT$21.7b (down 4.6% from 3Q 2024). Net income: NT$1.74b (up 22% from 3Q 2024). Profit margin: 8.0% (up from 6.3% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Price Target Changed • Oct 14Price target increased by 7.4% to NT$123Up from NT$115, the current price target is an average from 12 analysts. New target price is 5.8% below last closing price of NT$131. Stock is down 5.8% over the past year. The company is forecast to post earnings per share of NT$5.10 for next year compared to NT$5.94 last year.Price Target Changed • Oct 02Price target increased by 7.8% to NT$123Up from NT$114, the current price target is an average from 12 analysts. New target price is 7.8% below last closing price of NT$133. Stock is down 13% over the past year. The company is forecast to post earnings per share of NT$5.10 for next year compared to NT$5.94 last year.Valuation Update With 7 Day Price Move • Oct 01Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$132, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Luxury industry in Taiwan. Total returns to shareholders of 2.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$93.64 per share.Buy Or Sell Opportunity • Sep 22Now 21% overvaluedOver the last 90 days, the stock has fallen 1.3% to NT$113. The fair value is estimated to be NT$93.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 6.4% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.Buy Or Sell Opportunity • Sep 04Now 22% overvaluedOver the last 90 days, the stock has fallen 4.6% to NT$115. The fair value is estimated to be NT$93.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 8.7% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.New Risk • Aug 18New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 103% Cash payout ratio: 91% Dividend yield: 4.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 16Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$0.73 (down from NT$1.61 in 2Q 2024). Revenue: NT$20.4b (down 8.4% from 2Q 2024). Net income: NT$719.6m (down 55% from 2Q 2024). Profit margin: 3.5% (down from 7.1% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Aug 14Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$125. The fair value is estimated to be NT$103, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.4%. Revenue is forecast to grow by 6.0% in 2 years. Earnings are forecast to grow by 0.08% in the next 2 years.Buy Or Sell Opportunity • Jun 20Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to NT$114. The fair value is estimated to be NT$143, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.4%. Revenue is forecast to grow by 8.4% in 2 years. Earnings are forecast to grow by 6.6% in the next 2 years.Declared Dividend • May 31Dividend increased to NT$5.10Dividend of NT$5.10 is 19% higher than last year. Ex-date: 16th June 2025 Payment date: 16th July 2025 Dividend yield will be 4.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 29Feng Tay Enterprises Co., Ltd. Approves Dividend for the Year 2024, Payable July 16, 2025Feng Tay Enterprises Co., Ltd. approved the 2024 earnings distribution: TWD 5.1 cash dividends per common share, at its shareholders meeting held on May 28, 2025. Ex-rights (ex-dividend) trading date: June 16, 2025. Cash dividend totaled TWD 5,036 million. Ex-rights (ex-dividend) record date: June 22, 2025. Payment date of common stock cash dividend distribution: July 16, 2025.Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$1.16 (vs NT$1.29 in 1Q 2024)First quarter 2025 results: EPS: NT$1.16 (down from NT$1.29 in 1Q 2024). Revenue: NT$20.7b (flat on 1Q 2024). Net income: NT$1.15b (down 9.6% from 1Q 2024). Profit margin: 5.5% (down from 6.2% in 1Q 2024). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 8% per year and the company’s share price has also fallen by 8% per year.Buy Or Sell Opportunity • May 05Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to NT$107. The fair value is estimated to be NT$138, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has declined by 3.5%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 3.3% per annum over the same time period.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$97.70, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Luxury industry in Taiwan. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$140 per share.Buy Or Sell Opportunity • Apr 07Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to NT$109. The fair value is estimated to be NT$140, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has declined by 3.5%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.分析記事 • Mar 24Calculating The Fair Value Of Feng Tay Enterprises Co., Ltd. (TWSE:9910)Key Insights Feng Tay Enterprises' estimated fair value is NT$140 based on 2 Stage Free Cash Flow to Equity Current...分析記事 • Mar 11Analyst Estimates: Here's What Brokers Think Of Feng Tay Enterprises Co., Ltd. (TWSE:9910) After Its Yearly ReportFeng Tay Enterprises Co., Ltd. ( TWSE:9910 ) shareholders are probably feeling a little disappointed, since its shares...お知らせ • Mar 10Feng Tay Enterprises Co., Ltd., Annual General Meeting, May 28, 2025Feng Tay Enterprises Co., Ltd., Annual General Meeting, May 28, 2025. Location: no,52, k`o kung 8th rd., douliou city, yunlin county TaiwanReported Earnings • Mar 10Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: NT$5.94 (up from NT$5.04 in FY 2023). Revenue: NT$87.5b (up 2.0% from FY 2023). Net income: NT$5.87b (up 18% from FY 2023). Profit margin: 6.7% (up from 5.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 3.2%. Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year.分析記事 • Mar 05Does Feng Tay Enterprises (TWSE:9910) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...お知らせ • Mar 01Feng Tay Enterprises Co., Ltd. to Report Fiscal Year 2024 Results on Mar 07, 2025Feng Tay Enterprises Co., Ltd. announced that they will report fiscal year 2024 results at 9:00 AM, Taipei Standard Time on Mar 07, 2025分析記事 • Feb 03Is It Too Late To Consider Buying Feng Tay Enterprises Co., Ltd. (TWSE:9910)?Feng Tay Enterprises Co., Ltd. ( TWSE:9910 ), might not be a large cap stock, but it received a lot of attention from a...分析記事 • Jan 20Feng Tay Enterprises' (TWSE:9910) Returns On Capital Not Reflecting Well On The BusinessIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...分析記事 • Dec 20Some Shareholders Feeling Restless Over Feng Tay Enterprises Co., Ltd.'s (TWSE:9910) P/E RatioWith a price-to-earnings (or "P/E") ratio of 23.2x Feng Tay Enterprises Co., Ltd. ( TWSE:9910 ) may be sending bearish...分析記事 • Nov 17Feng Tay Enterprises Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their ModelsAs you might know, Feng Tay Enterprises Co., Ltd. ( TWSE:9910 ) last week released its latest quarterly, and things did...Reported Earnings • Nov 15Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$1.45 (down from NT$1.71 in 3Q 2023). Revenue: NT$22.7b (down 1.5% from 3Q 2023). Net income: NT$1.43b (down 16% from 3Q 2023). Profit margin: 6.3% (down from 7.3% in 3Q 2023). Revenue missed analyst estimates by 6.0%. Earnings per share (EPS) also missed analyst estimates by 23%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Nov 05Feng Tay Enterprises Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024Feng Tay Enterprises Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024分析記事 • Oct 23Feng Tay Enterprises (TWSE:9910) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Oct 09Calculating The Intrinsic Value Of Feng Tay Enterprises Co., Ltd. (TWSE:9910)Key Insights Using the 2 Stage Free Cash Flow to Equity, Feng Tay Enterprises fair value estimate is NT$134 Feng Tay...分析記事 • Sep 26Feng Tay Enterprises (TWSE:9910) May Have Issues Allocating Its CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • Sep 12Subdued Growth No Barrier To Feng Tay Enterprises Co., Ltd.'s (TWSE:9910) PriceFeng Tay Enterprises Co., Ltd.'s ( TWSE:9910 ) price-to-earnings (or "P/E") ratio of 23.2x might make it look like a...分析記事 • Aug 16Feng Tay Enterprises Co., Ltd. (TWSE:9910) Just Released Its Second-Quarter Earnings: Here's What Analysts ThinkIt's been a good week for Feng Tay Enterprises Co., Ltd. ( TWSE:9910 ) shareholders, because the company has just...Reported Earnings • Aug 14Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$1.60 (up from NT$1.21 in 2Q 2023). Revenue: NT$22.3b (up 7.8% from 2Q 2023). Net income: NT$1.59b (up 33% from 2Q 2023). Profit margin: 7.1% (up from 5.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 3.0%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.分析記事 • Aug 13When Should You Buy Feng Tay Enterprises Co., Ltd. (TWSE:9910)?Feng Tay Enterprises Co., Ltd. ( TWSE:9910 ), might not be a large cap stock, but it saw significant share price...お知らせ • Aug 06Feng Tay Enterprises Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024Feng Tay Enterprises Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024分析記事 • Jul 01A Look At The Intrinsic Value Of Feng Tay Enterprises Co., Ltd. (TWSE:9910)Key Insights Feng Tay Enterprises' estimated fair value is NT$162 based on 2 Stage Free Cash Flow to Equity With NT$155...Upcoming Dividend • Jun 14Upcoming dividend of NT$4.30 per shareEligible shareholders must have bought the stock before 21 June 2024. Payment date: 18 July 2024. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (3.1%).分析記事 • Jun 08Feng Tay Enterprises Co., Ltd.'s (TWSE:9910) Share Price Matching Investor OpinionWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 22x, you may consider Feng...お知らせ • Jun 01+ 1 more updateFeng Tay Enterprises Co., Ltd. Approves Cash Dividend for 2023, Payable on July 18, 2024Feng Tay Enterprises Co., Ltd. announced that at AGM held on May 31, 2024 approved cash dividend of totaled TWD 4,246 million with TWD 4.3 per common share for the year 2023. Ex-rights (ex-dividend) trading date is June 21, 2024. Ex-rights (ex-dividend) record date is June 29, 2024. Payment date of common stock cash dividend distribution is July 18, 2024.Reported Earnings • May 15First quarter 2024 earnings: EPS misses analyst expectationsFirst quarter 2024 results: EPS: NT$1.29 (up from NT$0.76 in 1Q 2023). Revenue: NT$20.6b (up 5.7% from 1Q 2023). Net income: NT$1.27b (up 70% from 1Q 2023). Profit margin: 6.2% (up from 3.8% in 1Q 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 6.7%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.分析記事 • May 07Feng Tay Enterprises (TWSE:9910) Will Want To Turn Around Its Return TrendsFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...お知らせ • May 05Feng Tay Enterprises Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Feng Tay Enterprises Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024分析記事 • Apr 19Should You Think About Buying Feng Tay Enterprises Co., Ltd. (TWSE:9910) Now?While Feng Tay Enterprises Co., Ltd. ( TWSE:9910 ) might not have the largest market cap around , it saw its share...Major Estimate Revision • Mar 23Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from NT$7.58 to NT$6.58. Revenue forecast unchanged from NT$91.2b at last update. Net income forecast to grow 31% next year vs 23% growth forecast for Luxury industry in Taiwan. Consensus price target broadly unchanged at NT$187. Share price fell 3.3% to NT$161 over the past week.分析記事 • Mar 17Feng Tay Enterprises Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowIt's been a good week for Feng Tay Enterprises Co., Ltd. ( TWSE:9910 ) shareholders, because the company has just...お知らせ • Mar 16Feng Tay Enterprises Co., Ltd., Annual General Meeting, May 31, 2024Feng Tay Enterprises Co., Ltd., Annual General Meeting, May 31, 2024.Reported Earnings • Mar 15Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: NT$5.04 (down from NT$9.20 in FY 2022). Revenue: NT$85.8b (down 11% from FY 2022). Net income: NT$4.97b (down 45% from FY 2022). Profit margin: 5.8% (down from 9.5% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.1%. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.分析記事 • Mar 14Here's Why Feng Tay Enterprises (TWSE:9910) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Feb 29Investors Still Waiting For A Pull Back In Feng Tay Enterprises Co., Ltd. (TWSE:9910)When close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 21x, you may consider Feng...Major Estimate Revision • Nov 20Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$87.2b to NT$85.5b. EPS estimate also fell from NT$5.97 per share to NT$5.22 per share. Net income forecast to grow 34% next year vs 33% growth forecast for Luxury industry in Taiwan. Consensus price target broadly unchanged at NT$194. Share price rose 2.8% to NT$183 over the past week.Reported Earnings • Nov 14Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: NT$1.71 (down from NT$2.76 in 3Q 2022). Revenue: NT$23.1b (down 11% from 3Q 2022). Net income: NT$1.69b (down 38% from 3Q 2022). Profit margin: 7.3% (down from 11% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 3.3%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.New Risk • Aug 17New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 107% Cash payout ratio: 116% Dividend yield: 4.0% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 16Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: NT$1.21 (down from NT$2.62 in 2Q 2022). Revenue: NT$20.7b (down 17% from 2Q 2022). Net income: NT$1.20b (down 54% from 2Q 2022). Profit margin: 5.8% (down from 10% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Price Target Changed • Aug 04Price target decreased by 11% to NT$168Down from NT$189, the current price target is an average from 13 analysts. New target price is 11% below last closing price of NT$189. Stock is up 28% over the past year. The company is forecast to post earnings per share of NT$5.19 for next year compared to NT$9.20 last year.Upcoming Dividend • Jul 27Upcoming dividend of NT$7.70 per share at 3.6% yieldEligible shareholders must have bought the stock before 03 August 2023. Payment date: 01 September 2023. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.3%).お知らせ • Jun 22Feng Tay Enterprises Co., Ltd. Approves Cash Dividends for 2022Feng Tay Enterprises Co., Ltd. at shareholders meeting on June 21, 2023 the company approved TWD 7.7 cash dividends per common share for 2022.Major Estimate Revision • Jun 19Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$97.7b to NT$94.0b. EPS estimate also fell from NT$8.47 per share to NT$7.15 per share. Net income forecast to shrink 11% next year vs 24% growth forecast for Luxury industry in Taiwan . Consensus price target up from NT$198 to NT$209. Share price rose 6.3% to NT$204 over the past week.Major Estimate Revision • Apr 20Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from NT$8.87 to NT$7.93 per share. Revenue forecast steady at NT$93.5b. Net income forecast to shrink 22% next year vs 18% decline forecast for Luxury industry in Taiwan. Consensus price target of NT$201 unchanged from last update. Share price was steady at NT$188 over the past week.Major Estimate Revision • Mar 23Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$99.1b to NT$93.0b. EPS estimate also fell from NT$9.27 per share to NT$8.23 per share. Net income forecast to shrink 20% next year vs 8.4% decline forecast for Luxury industry in Taiwan. Consensus price target broadly unchanged at NT$201. Share price rose 6.1% to NT$192 over the past week.Reported Earnings • Mar 18Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: NT$10.30 (up from NT$5.15 in FY 2021). Revenue: NT$95.9b (up 36% from FY 2021). Net income: NT$9.08b (up 100% from FY 2021). Profit margin: 9.5% (up from 6.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 16Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: NT$3.09 (up from NT$0.47 loss in 3Q 2021). Revenue: NT$25.9b (up 106% from 3Q 2021). Net income: NT$2.72b (up NT$3.13b from 3Q 2021). Profit margin: 11% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year.Reported Earnings • Nov 12Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: NT$3.09 (up from NT$0.47 loss in 3Q 2021). Revenue: NT$25.9b (up 106% from 3Q 2021). Net income: NT$2.72b (up NT$3.13b from 3Q 2021). Profit margin: 11% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.Buying Opportunity • Sep 30Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 7.9%. The fair value is estimated to be NT$202, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.1%. Revenue is forecast to grow by 33% in 2 years. Earnings is forecast to grow by 46% in the next 2 years.お知らせ • Sep 03Feng Tay Enterprises Co., Ltd. Appoints Yi-Feng Pong as Chief Information Security OfficerFeng Tay Enterprises Co., Ltd. appointed Ms. Yi-Feng Pong, the company's Chief Director of IT dept as chief information security officer, effective from September 01, 2022.Buying Opportunity • Aug 30Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be NT$213, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.1%. Revenue is forecast to grow by 33% in 2 years. Earnings is forecast to grow by 45% in the next 2 years.Reported Earnings • Aug 13Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: NT$2.93 (up from NT$1.93 in 2Q 2021). Revenue: NT$24.8b (up 26% from 2Q 2021). Net income: NT$2.58b (up 52% from 2Q 2021). Profit margin: 10% (up from 8.6% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Over the next year, revenue is forecast to grow 23%, compared to a 18% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Price Target Changed • Jul 22Price target decreased to NT$212Down from NT$231, the current price target is an average from 12 analysts. New target price is 21% above last closing price of NT$176. Stock is down 22% over the past year. The company is forecast to post earnings per share of NT$8.93 for next year compared to NT$5.15 last year.Upcoming Dividend • Jun 28Upcoming dividend of NT$4.10 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 02 August 2022. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (6.3%). Lower than average of industry peers (3.6%).お知らせ • Jun 18Feng Tay Enterprises Co., Ltd. Approves Cash Dividend for the Year 2021Feng Tay Enterprises Co., Ltd. held its shareholders meeting on June 17, 2022, approved cash dividend of TWD 4.1 per common share for the year 2021.Reported Earnings • May 08First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: NT$2.35 (up from NT$1.86 in 1Q 2021). Revenue: NT$22.4b (up 16% from 1Q 2021). Net income: NT$2.07b (up 26% from 1Q 2021). Profit margin: 9.3% (up from 8.5% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) exceeded analyst estimates by 20%. Over the next year, revenue is forecast to grow 27%, compared to a 19% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Buying Opportunity • Mar 22Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be NT$239, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.7% per annum over the last 3 years.Buying Opportunity • Mar 08Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be NT$242, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% per annum over the last 3 years. Earnings per share has declined by 4.8% per annum over the last 3 years.お知らせ • Mar 04Feng Tay Enterprises Co., Ltd., Annual General Meeting, Mar 02, 2022Feng Tay Enterprises Co., Ltd., Annual General Meeting, Mar 02, 2022. Agenda: To consider profit distribution/ deficit compensation; to consider amendments to the corporate charter; Business report and financial statements: approved of the audited financial statements of 2021; to consider elections for board of directors and supervisors; and to consider any other matters.Major Estimate Revision • Dec 08Consensus EPS estimates fall to NT$4.67The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from NT$71.7b to NT$69.0b. EPS estimate also fell from NT$5.36 to NT$4.67. Net income forecast to grow 69% next year vs 23% growth forecast for Luxury industry in Taiwan. Consensus price target broadly unchanged at NT$253. Share price rose 11% to NT$224 over the past week.Reported Earnings • Nov 15Third quarter 2021 earnings released: NT$0.47 loss per share (vs NT$1.65 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: NT$12.6b (down 27% from 3Q 2020). Net loss: NT$411.9m (down 128% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 27Upcoming dividend of NT$3.70 per shareEligible shareholders must have bought the stock before 03 August 2021. Payment date: 30 August 2021. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (4.9%). Lower than average of industry peers (2.4%).Price Target Changed • Jun 30Price target increased to NT$253Up from NT$233, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of NT$245. Stock is up 71% over the past year.Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$222, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 20x in the Luxury industry in Taiwan. Total returns to shareholders of 141% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$251 per share.Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$1.86 (vs NT$1.44 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$19.3b (up 6.7% from 1Q 2020). Net income: NT$1.64b (up 29% from 1Q 2020). Profit margin: 8.5% (up from 7.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Apr 21A Look At The Fair Value Of Feng Tay Enterprises Co., Ltd. (TPE:9910)Does the April share price for Feng Tay Enterprises Co., Ltd. ( TPE:9910 ) reflect what it's really worth? Today, we...分析記事 • Apr 06Read This Before Buying Feng Tay Enterprises Co., Ltd. (TPE:9910) For Its DividendToday we'll take a closer look at Feng Tay Enterprises Co., Ltd. ( TPE:9910 ) from a dividend investor's perspective...Reported Earnings • Mar 24Full year 2020 earnings released: EPS NT$5.53 (vs NT$7.07 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$69.0b (down 6.7% from FY 2019). Net income: NT$4.88b (down 22% from FY 2019). Profit margin: 7.1% (down from 8.4% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Feb 26What Type Of Shareholders Make Up Feng Tay Enterprises Co., Ltd.'s (TPE:9910) Share Registry?Every investor in Feng Tay Enterprises Co., Ltd. ( TPE:9910 ) should be aware of the most powerful shareholder groups...Is New 90 Day High Low • Feb 17New 90-day low: NT$179The company is down 8.0% from its price of NT$193 on 19 November 2020. The Taiwanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$166 per share.分析記事 • Jan 29Feng Tay Enterprises Co., Ltd.'s (TPE:9910) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?With its stock down 8.4% over the past month, it is easy to disregard Feng Tay Enterprises (TPE:9910). However, stock...分析記事 • Dec 31Feng Tay Enterprises Co., Ltd. (TPE:9910) Is Yielding 1.7% - But Is It A Buy?Dividend paying stocks like Feng Tay Enterprises Co., Ltd. ( TPE:9910 ) tend to be popular with investors, and for good...分析記事 • Dec 18Feng Tay Enterprises Co., Ltd. (TPE:9910) Shares Could Be 21% Above Their Intrinsic Value EstimateIn this article we are going to estimate the intrinsic value of Feng Tay Enterprises Co., Ltd. ( TPE:9910 ) by taking...業績と収益の成長予測TWSE:9910 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/202890,9386,3687,952N/A412/31/202785,9835,1915,6208,9971012/31/202682,0544,6586,3958,27693/31/202682,0244,5616,0338,853N/A12/31/202583,5125,0365,6068,722N/A9/30/202584,6885,1957,19810,434N/A6/30/202585,7274,8825,5258,633N/A3/31/202587,5945,7484,3377,257N/A12/31/202487,4875,8705,0578,218N/A9/30/202488,1375,6233,5226,943N/A6/30/202488,4915,8855,0709,011N/A3/31/202486,8815,4963,5947,757N/A12/31/202385,7674,9752,9497,147N/A9/30/202386,0955,3394,2328,883N/A6/30/202388,9046,3734,7489,125N/A3/31/202393,0117,7588,74313,297N/A12/31/202295,9039,08211,78416,304N/A9/30/202291,7648,9917,21310,950N/A6/30/202278,4745,8574,8838,407N/A3/31/202273,4084,9755883,941N/A12/31/202170,3504,542-1,4251,755N/A9/30/202169,2454,1392,4975,699N/A6/30/202173,9546,0043,7346,806N/A3/31/202170,1765,2475,6278,334N/A12/31/202068,9604,8795,0978,258N/A9/30/202070,3344,9674,2468,501N/A6/30/202073,0025,3322,4637,897N/A3/31/202075,1386,0272,8388,903N/A12/31/201973,9306,231N/A9,391N/A9/30/201971,8036,441N/A8,596N/A6/30/201968,9946,198N/A9,122N/A3/31/201966,5775,976N/A8,653N/A12/31/201864,4985,263N/A8,496N/A9/30/201863,2944,958N/A7,895N/A6/30/201861,4424,651N/A5,871N/A3/31/201859,9474,399N/A4,888N/A12/31/201758,6334,395N/A5,197N/A9/30/201757,4184,168N/A4,547N/A6/30/201756,2104,065N/A5,428N/A3/31/201757,5374,298N/A6,770N/A12/31/201658,1224,453N/A6,147N/A9/30/201658,4514,647N/A6,840N/A6/30/201659,2004,736N/A6,719N/A3/31/201657,5914,314N/A6,888N/A12/31/201555,8044,238N/A6,864N/A9/30/201554,1344,009N/A6,601N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 9910の予測収益成長率 (年間11% ) は 貯蓄率 ( 1.3% ) を上回っています。収益対市場: 9910の収益 ( 11% ) TW市場 ( 27% ) よりも低い成長が予測されています。高成長収益: 9910の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: 9910の収益 ( 3.6% ) TW市場 ( 19.5% ) よりも低い成長が予測されています。高い収益成長: 9910の収益 ( 3.6% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 9910の 自己資本利益率 は、3年後には高くなると予測されています ( 20.7 %)成長企業の発掘7D1Y7D1Y7D1YConsumer-durables 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/08 07:59終値2026/07/08 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Feng Tay Enterprises Co., Ltd. 10 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。21 アナリスト機関Ronald LeungBofA Global ResearchJihong LaiCapital Securities CorporationHui-Chao HsuCitigroup Inc18 その他のアナリストを表示
Major Estimate Revision • Jun 12Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from NT$5.78 to NT$5.10 per share. Revenue forecast steady at NT$82.6b. Net income forecast to grow 13% next year vs 26% growth forecast for Luxury industry in Taiwan. Consensus price target down from NT$99.47 to NT$87.84. Share price rose 20% to NT$92.40 over the past week.
Price Target Changed • Jun 11Price target decreased by 11% to NT$87.84Down from NT$99.09, the current price target is an average from 11 analysts. New target price is 5.9% below last closing price of NT$93.30. Stock is down 24% over the past year. The company is forecast to post earnings per share of NT$5.10 for next year compared to NT$5.10 last year.
Price Target Changed • Apr 08Price target decreased by 9.6% to NT$101Down from NT$111, the current price target is an average from 11 analysts. New target price is 24% above last closing price of NT$81.00. Stock is down 8.0% over the past year. The company is forecast to post earnings per share of NT$5.46 for next year compared to NT$5.10 last year.
Price Target Changed • Oct 14Price target increased by 7.4% to NT$123Up from NT$115, the current price target is an average from 12 analysts. New target price is 5.8% below last closing price of NT$131. Stock is down 5.8% over the past year. The company is forecast to post earnings per share of NT$5.10 for next year compared to NT$5.94 last year.
Price Target Changed • Oct 02Price target increased by 7.8% to NT$123Up from NT$114, the current price target is an average from 12 analysts. New target price is 7.8% below last closing price of NT$133. Stock is down 13% over the past year. The company is forecast to post earnings per share of NT$5.10 for next year compared to NT$5.94 last year.
分析記事 • Mar 11Analyst Estimates: Here's What Brokers Think Of Feng Tay Enterprises Co., Ltd. (TWSE:9910) After Its Yearly ReportFeng Tay Enterprises Co., Ltd. ( TWSE:9910 ) shareholders are probably feeling a little disappointed, since its shares...
Valuation Update With 7 Day Price Move • Jun 17Investor sentiment deteriorates as stock falls 22%After last week's 22% share price decline to NT$73.20, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Luxury industry in Taiwan. Total loss to shareholders of 52% over the past three years.
Major Estimate Revision • Jun 12Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from NT$5.78 to NT$5.10 per share. Revenue forecast steady at NT$82.6b. Net income forecast to grow 13% next year vs 26% growth forecast for Luxury industry in Taiwan. Consensus price target down from NT$99.47 to NT$87.84. Share price rose 20% to NT$92.40 over the past week.
Price Target Changed • Jun 11Price target decreased by 11% to NT$87.84Down from NT$99.09, the current price target is an average from 11 analysts. New target price is 5.9% below last closing price of NT$93.30. Stock is down 24% over the past year. The company is forecast to post earnings per share of NT$5.10 for next year compared to NT$5.10 last year.
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$79.00, 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 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$116 per share.
Declared Dividend • May 30Dividend reduced to NT$4.10Dividend of NT$4.10 is 20% lower than last year. Ex-date: 15th June 2026 Payment date: 16th July 2026 Dividend yield will be 5.8%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 17% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.68 (vs NT$1.16 in 1Q 2025)First quarter 2026 results: EPS: NT$0.68 (down from NT$1.16 in 1Q 2025). Revenue: NT$19.2b (down 7.2% from 1Q 2025). Net income: NT$674.0m (down 41% from 1Q 2025). Profit margin: 3.5% (down from 5.5% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 26% per year, which means it is performing significantly worse than earnings.
Buy Or Sell Opportunity • Apr 10Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 28% to NT$77.20. The fair value is estimated to be NT$97.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.0% over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 5.0% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.
Price Target Changed • Apr 08Price target decreased by 9.6% to NT$101Down from NT$111, the current price target is an average from 11 analysts. New target price is 24% above last closing price of NT$81.00. Stock is down 8.0% over the past year. The company is forecast to post earnings per share of NT$5.46 for next year compared to NT$5.10 last year.
お知らせ • Mar 11Feng Tay Enterprises Co., Ltd., Annual General Meeting, May 28, 2026Feng Tay Enterprises Co., Ltd., Annual General Meeting, May 28, 2026, at 10:00 Taipei Standard Time. Location: no,52, k`o kung 8th rd., douliou city, yunlin county Taiwan
Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$5.10 (vs NT$5.94 in FY 2024)Full year 2025 results: EPS: NT$5.10 (down from NT$5.94 in FY 2024). Revenue: NT$83.5b (down 4.5% from FY 2024). Net income: NT$5.04b (down 14% from FY 2024). Profit margin: 6.0% (down from 6.7% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 18% per year.
Buy Or Sell Opportunity • Jan 08Now 24% overvaluedOver the last 90 days, the stock has fallen 18% to NT$111. The fair value is estimated to be NT$88.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years. Earnings per share has declined by 18%. Revenue is forecast to grow by 8.9% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.
Reported Earnings • Nov 14Third quarter 2025 earnings: EPS in line with expectations, revenues disappointThird quarter 2025 results: EPS: NT$1.76 (up from NT$1.45 in 3Q 2024). Revenue: NT$21.7b (down 4.6% from 3Q 2024). Net income: NT$1.74b (up 22% from 3Q 2024). Profit margin: 8.0% (up from 6.3% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Price Target Changed • Oct 14Price target increased by 7.4% to NT$123Up from NT$115, the current price target is an average from 12 analysts. New target price is 5.8% below last closing price of NT$131. Stock is down 5.8% over the past year. The company is forecast to post earnings per share of NT$5.10 for next year compared to NT$5.94 last year.
Price Target Changed • Oct 02Price target increased by 7.8% to NT$123Up from NT$114, the current price target is an average from 12 analysts. New target price is 7.8% below last closing price of NT$133. Stock is down 13% over the past year. The company is forecast to post earnings per share of NT$5.10 for next year compared to NT$5.94 last year.
Valuation Update With 7 Day Price Move • Oct 01Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$132, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Luxury industry in Taiwan. Total returns to shareholders of 2.8% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$93.64 per share.
Buy Or Sell Opportunity • Sep 22Now 21% overvaluedOver the last 90 days, the stock has fallen 1.3% to NT$113. The fair value is estimated to be NT$93.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 6.4% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.
Buy Or Sell Opportunity • Sep 04Now 22% overvaluedOver the last 90 days, the stock has fallen 4.6% to NT$115. The fair value is estimated to be NT$93.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 15%. Revenue is forecast to grow by 8.7% in 2 years. Earnings are forecast to grow by 25% in the next 2 years.
New Risk • Aug 18New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 103% Cash payout ratio: 91% Dividend yield: 4.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 16Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$0.73 (down from NT$1.61 in 2Q 2024). Revenue: NT$20.4b (down 8.4% from 2Q 2024). Net income: NT$719.6m (down 55% from 2Q 2024). Profit margin: 3.5% (down from 7.1% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Aug 14Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$125. The fair value is estimated to be NT$103, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.4%. Revenue is forecast to grow by 6.0% in 2 years. Earnings are forecast to grow by 0.08% in the next 2 years.
Buy Or Sell Opportunity • Jun 20Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to NT$114. The fair value is estimated to be NT$143, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.4%. Revenue is forecast to grow by 8.4% in 2 years. Earnings are forecast to grow by 6.6% in the next 2 years.
Declared Dividend • May 31Dividend increased to NT$5.10Dividend of NT$5.10 is 19% higher than last year. Ex-date: 16th June 2025 Payment date: 16th July 2025 Dividend yield will be 4.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 18% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 29Feng Tay Enterprises Co., Ltd. Approves Dividend for the Year 2024, Payable July 16, 2025Feng Tay Enterprises Co., Ltd. approved the 2024 earnings distribution: TWD 5.1 cash dividends per common share, at its shareholders meeting held on May 28, 2025. Ex-rights (ex-dividend) trading date: June 16, 2025. Cash dividend totaled TWD 5,036 million. Ex-rights (ex-dividend) record date: June 22, 2025. Payment date of common stock cash dividend distribution: July 16, 2025.
Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$1.16 (vs NT$1.29 in 1Q 2024)First quarter 2025 results: EPS: NT$1.16 (down from NT$1.29 in 1Q 2024). Revenue: NT$20.7b (flat on 1Q 2024). Net income: NT$1.15b (down 9.6% from 1Q 2024). Profit margin: 5.5% (down from 6.2% in 1Q 2024). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 8% per year and the company’s share price has also fallen by 8% per year.
Buy Or Sell Opportunity • May 05Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to NT$107. The fair value is estimated to be NT$138, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has declined by 3.5%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 3.3% per annum over the same time period.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$97.70, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 13x in the Luxury industry in Taiwan. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$140 per share.
Buy Or Sell Opportunity • Apr 07Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 21% to NT$109. The fair value is estimated to be NT$140, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has declined by 3.5%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.
分析記事 • Mar 24Calculating The Fair Value Of Feng Tay Enterprises Co., Ltd. (TWSE:9910)Key Insights Feng Tay Enterprises' estimated fair value is NT$140 based on 2 Stage Free Cash Flow to Equity Current...
分析記事 • Mar 11Analyst Estimates: Here's What Brokers Think Of Feng Tay Enterprises Co., Ltd. (TWSE:9910) After Its Yearly ReportFeng Tay Enterprises Co., Ltd. ( TWSE:9910 ) shareholders are probably feeling a little disappointed, since its shares...
お知らせ • Mar 10Feng Tay Enterprises Co., Ltd., Annual General Meeting, May 28, 2025Feng Tay Enterprises Co., Ltd., Annual General Meeting, May 28, 2025. Location: no,52, k`o kung 8th rd., douliou city, yunlin county Taiwan
Reported Earnings • Mar 10Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: NT$5.94 (up from NT$5.04 in FY 2023). Revenue: NT$87.5b (up 2.0% from FY 2023). Net income: NT$5.87b (up 18% from FY 2023). Profit margin: 6.7% (up from 5.8% in FY 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) also missed analyst estimates by 3.2%. Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 7% per year.
分析記事 • Mar 05Does Feng Tay Enterprises (TWSE:9910) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • Mar 01Feng Tay Enterprises Co., Ltd. to Report Fiscal Year 2024 Results on Mar 07, 2025Feng Tay Enterprises Co., Ltd. announced that they will report fiscal year 2024 results at 9:00 AM, Taipei Standard Time on Mar 07, 2025
分析記事 • Feb 03Is It Too Late To Consider Buying Feng Tay Enterprises Co., Ltd. (TWSE:9910)?Feng Tay Enterprises Co., Ltd. ( TWSE:9910 ), might not be a large cap stock, but it received a lot of attention from a...
分析記事 • Jan 20Feng Tay Enterprises' (TWSE:9910) Returns On Capital Not Reflecting Well On The BusinessIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
分析記事 • Dec 20Some Shareholders Feeling Restless Over Feng Tay Enterprises Co., Ltd.'s (TWSE:9910) P/E RatioWith a price-to-earnings (or "P/E") ratio of 23.2x Feng Tay Enterprises Co., Ltd. ( TWSE:9910 ) may be sending bearish...
分析記事 • Nov 17Feng Tay Enterprises Co., Ltd. Just Missed Earnings - But Analysts Have Updated Their ModelsAs you might know, Feng Tay Enterprises Co., Ltd. ( TWSE:9910 ) last week released its latest quarterly, and things did...
Reported Earnings • Nov 15Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$1.45 (down from NT$1.71 in 3Q 2023). Revenue: NT$22.7b (down 1.5% from 3Q 2023). Net income: NT$1.43b (down 16% from 3Q 2023). Profit margin: 6.3% (down from 7.3% in 3Q 2023). Revenue missed analyst estimates by 6.0%. Earnings per share (EPS) also missed analyst estimates by 23%. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Nov 05Feng Tay Enterprises Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024Feng Tay Enterprises Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024
分析記事 • Oct 23Feng Tay Enterprises (TWSE:9910) Seems To Use Debt Quite SensiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Oct 09Calculating The Intrinsic Value Of Feng Tay Enterprises Co., Ltd. (TWSE:9910)Key Insights Using the 2 Stage Free Cash Flow to Equity, Feng Tay Enterprises fair value estimate is NT$134 Feng Tay...
分析記事 • Sep 26Feng Tay Enterprises (TWSE:9910) May Have Issues Allocating Its CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
分析記事 • Sep 12Subdued Growth No Barrier To Feng Tay Enterprises Co., Ltd.'s (TWSE:9910) PriceFeng Tay Enterprises Co., Ltd.'s ( TWSE:9910 ) price-to-earnings (or "P/E") ratio of 23.2x might make it look like a...
分析記事 • Aug 16Feng Tay Enterprises Co., Ltd. (TWSE:9910) Just Released Its Second-Quarter Earnings: Here's What Analysts ThinkIt's been a good week for Feng Tay Enterprises Co., Ltd. ( TWSE:9910 ) shareholders, because the company has just...
Reported Earnings • Aug 14Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$1.60 (up from NT$1.21 in 2Q 2023). Revenue: NT$22.3b (up 7.8% from 2Q 2023). Net income: NT$1.59b (up 33% from 2Q 2023). Profit margin: 7.1% (up from 5.8% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 3.0%. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
分析記事 • Aug 13When Should You Buy Feng Tay Enterprises Co., Ltd. (TWSE:9910)?Feng Tay Enterprises Co., Ltd. ( TWSE:9910 ), might not be a large cap stock, but it saw significant share price...
お知らせ • Aug 06Feng Tay Enterprises Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024Feng Tay Enterprises Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024
分析記事 • Jul 01A Look At The Intrinsic Value Of Feng Tay Enterprises Co., Ltd. (TWSE:9910)Key Insights Feng Tay Enterprises' estimated fair value is NT$162 based on 2 Stage Free Cash Flow to Equity With NT$155...
Upcoming Dividend • Jun 14Upcoming dividend of NT$4.30 per shareEligible shareholders must have bought the stock before 21 June 2024. Payment date: 18 July 2024. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (3.1%).
分析記事 • Jun 08Feng Tay Enterprises Co., Ltd.'s (TWSE:9910) Share Price Matching Investor OpinionWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 22x, you may consider Feng...
お知らせ • Jun 01+ 1 more updateFeng Tay Enterprises Co., Ltd. Approves Cash Dividend for 2023, Payable on July 18, 2024Feng Tay Enterprises Co., Ltd. announced that at AGM held on May 31, 2024 approved cash dividend of totaled TWD 4,246 million with TWD 4.3 per common share for the year 2023. Ex-rights (ex-dividend) trading date is June 21, 2024. Ex-rights (ex-dividend) record date is June 29, 2024. Payment date of common stock cash dividend distribution is July 18, 2024.
Reported Earnings • May 15First quarter 2024 earnings: EPS misses analyst expectationsFirst quarter 2024 results: EPS: NT$1.29 (up from NT$0.76 in 1Q 2023). Revenue: NT$20.6b (up 5.7% from 1Q 2023). Net income: NT$1.27b (up 70% from 1Q 2023). Profit margin: 6.2% (up from 3.8% in 1Q 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 6.7%. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 9.5% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
分析記事 • May 07Feng Tay Enterprises (TWSE:9910) Will Want To Turn Around Its Return TrendsFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
お知らせ • May 05Feng Tay Enterprises Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Feng Tay Enterprises Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024
分析記事 • Apr 19Should You Think About Buying Feng Tay Enterprises Co., Ltd. (TWSE:9910) Now?While Feng Tay Enterprises Co., Ltd. ( TWSE:9910 ) might not have the largest market cap around , it saw its share...
Major Estimate Revision • Mar 23Consensus EPS estimates fall by 13%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from NT$7.58 to NT$6.58. Revenue forecast unchanged from NT$91.2b at last update. Net income forecast to grow 31% next year vs 23% growth forecast for Luxury industry in Taiwan. Consensus price target broadly unchanged at NT$187. Share price fell 3.3% to NT$161 over the past week.
分析記事 • Mar 17Feng Tay Enterprises Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowIt's been a good week for Feng Tay Enterprises Co., Ltd. ( TWSE:9910 ) shareholders, because the company has just...
お知らせ • Mar 16Feng Tay Enterprises Co., Ltd., Annual General Meeting, May 31, 2024Feng Tay Enterprises Co., Ltd., Annual General Meeting, May 31, 2024.
Reported Earnings • Mar 15Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: NT$5.04 (down from NT$9.20 in FY 2022). Revenue: NT$85.8b (down 11% from FY 2022). Net income: NT$4.97b (down 45% from FY 2022). Profit margin: 5.8% (down from 9.5% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.1%. Revenue is forecast to grow 9.0% p.a. on average during the next 2 years, compared to a 9.7% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
分析記事 • Mar 14Here's Why Feng Tay Enterprises (TWSE:9910) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Feb 29Investors Still Waiting For A Pull Back In Feng Tay Enterprises Co., Ltd. (TWSE:9910)When close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 21x, you may consider Feng...
Major Estimate Revision • Nov 20Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$87.2b to NT$85.5b. EPS estimate also fell from NT$5.97 per share to NT$5.22 per share. Net income forecast to grow 34% next year vs 33% growth forecast for Luxury industry in Taiwan. Consensus price target broadly unchanged at NT$194. Share price rose 2.8% to NT$183 over the past week.
Reported Earnings • Nov 14Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: NT$1.71 (down from NT$2.76 in 3Q 2022). Revenue: NT$23.1b (down 11% from 3Q 2022). Net income: NT$1.69b (down 38% from 3Q 2022). Profit margin: 7.3% (down from 11% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 3.3%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 17New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 107% Cash payout ratio: 116% Dividend yield: 4.0% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 16Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: NT$1.21 (down from NT$2.62 in 2Q 2022). Revenue: NT$20.7b (down 17% from 2Q 2022). Net income: NT$1.20b (down 54% from 2Q 2022). Profit margin: 5.8% (down from 10% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Aug 04Price target decreased by 11% to NT$168Down from NT$189, the current price target is an average from 13 analysts. New target price is 11% below last closing price of NT$189. Stock is up 28% over the past year. The company is forecast to post earnings per share of NT$5.19 for next year compared to NT$9.20 last year.
Upcoming Dividend • Jul 27Upcoming dividend of NT$7.70 per share at 3.6% yieldEligible shareholders must have bought the stock before 03 August 2023. Payment date: 01 September 2023. Payout ratio is on the higher end at 88%, however this is supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.3%).
お知らせ • Jun 22Feng Tay Enterprises Co., Ltd. Approves Cash Dividends for 2022Feng Tay Enterprises Co., Ltd. at shareholders meeting on June 21, 2023 the company approved TWD 7.7 cash dividends per common share for 2022.
Major Estimate Revision • Jun 19Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$97.7b to NT$94.0b. EPS estimate also fell from NT$8.47 per share to NT$7.15 per share. Net income forecast to shrink 11% next year vs 24% growth forecast for Luxury industry in Taiwan . Consensus price target up from NT$198 to NT$209. Share price rose 6.3% to NT$204 over the past week.
Major Estimate Revision • Apr 20Consensus EPS estimates fall by 11%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from NT$8.87 to NT$7.93 per share. Revenue forecast steady at NT$93.5b. Net income forecast to shrink 22% next year vs 18% decline forecast for Luxury industry in Taiwan. Consensus price target of NT$201 unchanged from last update. Share price was steady at NT$188 over the past week.
Major Estimate Revision • Mar 23Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$99.1b to NT$93.0b. EPS estimate also fell from NT$9.27 per share to NT$8.23 per share. Net income forecast to shrink 20% next year vs 8.4% decline forecast for Luxury industry in Taiwan. Consensus price target broadly unchanged at NT$201. Share price rose 6.1% to NT$192 over the past week.
Reported Earnings • Mar 18Full year 2022 earnings: EPS exceeds analyst expectationsFull year 2022 results: EPS: NT$10.30 (up from NT$5.15 in FY 2021). Revenue: NT$95.9b (up 36% from FY 2021). Net income: NT$9.08b (up 100% from FY 2021). Profit margin: 9.5% (up from 6.5% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 16Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: NT$3.09 (up from NT$0.47 loss in 3Q 2021). Revenue: NT$25.9b (up 106% from 3Q 2021). Net income: NT$2.72b (up NT$3.13b from 3Q 2021). Profit margin: 11% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year.
Reported Earnings • Nov 12Third quarter 2022 earnings: EPS and revenues exceed analyst expectationsThird quarter 2022 results: EPS: NT$3.09 (up from NT$0.47 loss in 3Q 2021). Revenue: NT$25.9b (up 106% from 3Q 2021). Net income: NT$2.72b (up NT$3.13b from 3Q 2021). Profit margin: 11% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 12%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.
Buying Opportunity • Sep 30Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 7.9%. The fair value is estimated to be NT$202, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.1%. Revenue is forecast to grow by 33% in 2 years. Earnings is forecast to grow by 46% in the next 2 years.
お知らせ • Sep 03Feng Tay Enterprises Co., Ltd. Appoints Yi-Feng Pong as Chief Information Security OfficerFeng Tay Enterprises Co., Ltd. appointed Ms. Yi-Feng Pong, the company's Chief Director of IT dept as chief information security officer, effective from September 01, 2022.
Buying Opportunity • Aug 30Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 10%. The fair value is estimated to be NT$213, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.1%. Revenue is forecast to grow by 33% in 2 years. Earnings is forecast to grow by 45% in the next 2 years.
Reported Earnings • Aug 13Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: NT$2.93 (up from NT$1.93 in 2Q 2021). Revenue: NT$24.8b (up 26% from 2Q 2021). Net income: NT$2.58b (up 52% from 2Q 2021). Profit margin: 10% (up from 8.6% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Over the next year, revenue is forecast to grow 23%, compared to a 18% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Price Target Changed • Jul 22Price target decreased to NT$212Down from NT$231, the current price target is an average from 12 analysts. New target price is 21% above last closing price of NT$176. Stock is down 22% over the past year. The company is forecast to post earnings per share of NT$8.93 for next year compared to NT$5.15 last year.
Upcoming Dividend • Jun 28Upcoming dividend of NT$4.10 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 02 August 2022. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (6.3%). Lower than average of industry peers (3.6%).
お知らせ • Jun 18Feng Tay Enterprises Co., Ltd. Approves Cash Dividend for the Year 2021Feng Tay Enterprises Co., Ltd. held its shareholders meeting on June 17, 2022, approved cash dividend of TWD 4.1 per common share for the year 2021.
Reported Earnings • May 08First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: NT$2.35 (up from NT$1.86 in 1Q 2021). Revenue: NT$22.4b (up 16% from 1Q 2021). Net income: NT$2.07b (up 26% from 1Q 2021). Profit margin: 9.3% (up from 8.5% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Earnings per share (EPS) exceeded analyst estimates by 20%. Over the next year, revenue is forecast to grow 27%, compared to a 19% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Buying Opportunity • Mar 22Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be NT$239, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 8.7% per annum over the last 3 years.
Buying Opportunity • Mar 08Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be NT$242, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% per annum over the last 3 years. Earnings per share has declined by 4.8% per annum over the last 3 years.
お知らせ • Mar 04Feng Tay Enterprises Co., Ltd., Annual General Meeting, Mar 02, 2022Feng Tay Enterprises Co., Ltd., Annual General Meeting, Mar 02, 2022. Agenda: To consider profit distribution/ deficit compensation; to consider amendments to the corporate charter; Business report and financial statements: approved of the audited financial statements of 2021; to consider elections for board of directors and supervisors; and to consider any other matters.
Major Estimate Revision • Dec 08Consensus EPS estimates fall to NT$4.67The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from NT$71.7b to NT$69.0b. EPS estimate also fell from NT$5.36 to NT$4.67. Net income forecast to grow 69% next year vs 23% growth forecast for Luxury industry in Taiwan. Consensus price target broadly unchanged at NT$253. Share price rose 11% to NT$224 over the past week.
Reported Earnings • Nov 15Third quarter 2021 earnings released: NT$0.47 loss per share (vs NT$1.65 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: NT$12.6b (down 27% from 3Q 2020). Net loss: NT$411.9m (down 128% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 27Upcoming dividend of NT$3.70 per shareEligible shareholders must have bought the stock before 03 August 2021. Payment date: 30 August 2021. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (4.9%). Lower than average of industry peers (2.4%).
Price Target Changed • Jun 30Price target increased to NT$253Up from NT$233, the current price target is an average from 11 analysts. New target price is approximately in line with last closing price of NT$245. Stock is up 71% over the past year.
Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$222, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 20x in the Luxury industry in Taiwan. Total returns to shareholders of 141% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$251 per share.
Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$1.86 (vs NT$1.44 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$19.3b (up 6.7% from 1Q 2020). Net income: NT$1.64b (up 29% from 1Q 2020). Profit margin: 8.5% (up from 7.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Apr 21A Look At The Fair Value Of Feng Tay Enterprises Co., Ltd. (TPE:9910)Does the April share price for Feng Tay Enterprises Co., Ltd. ( TPE:9910 ) reflect what it's really worth? Today, we...
分析記事 • Apr 06Read This Before Buying Feng Tay Enterprises Co., Ltd. (TPE:9910) For Its DividendToday we'll take a closer look at Feng Tay Enterprises Co., Ltd. ( TPE:9910 ) from a dividend investor's perspective...
Reported Earnings • Mar 24Full year 2020 earnings released: EPS NT$5.53 (vs NT$7.07 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$69.0b (down 6.7% from FY 2019). Net income: NT$4.88b (down 22% from FY 2019). Profit margin: 7.1% (down from 8.4% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Feb 26What Type Of Shareholders Make Up Feng Tay Enterprises Co., Ltd.'s (TPE:9910) Share Registry?Every investor in Feng Tay Enterprises Co., Ltd. ( TPE:9910 ) should be aware of the most powerful shareholder groups...
Is New 90 Day High Low • Feb 17New 90-day low: NT$179The company is down 8.0% from its price of NT$193 on 19 November 2020. The Taiwanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$166 per share.
分析記事 • Jan 29Feng Tay Enterprises Co., Ltd.'s (TPE:9910) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?With its stock down 8.4% over the past month, it is easy to disregard Feng Tay Enterprises (TPE:9910). However, stock...
分析記事 • Dec 31Feng Tay Enterprises Co., Ltd. (TPE:9910) Is Yielding 1.7% - But Is It A Buy?Dividend paying stocks like Feng Tay Enterprises Co., Ltd. ( TPE:9910 ) tend to be popular with investors, and for good...
分析記事 • Dec 18Feng Tay Enterprises Co., Ltd. (TPE:9910) Shares Could Be 21% Above Their Intrinsic Value EstimateIn this article we are going to estimate the intrinsic value of Feng Tay Enterprises Co., Ltd. ( TPE:9910 ) by taking...