Far Eastern Department Stores（2903）株式概要遠東百貨股份有限公司は子会社とともに台湾で百貨店とスーパーマーケットを運営している。 詳細2903 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績3/6財務の健全性3/6配当金5/6報酬当社が推定した公正価値より57.9%で取引されている 過去5年間の収益は年間6.5%増加しました。 リスク分析不安定な配当実績 すべてのリスクチェックを見る2903 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW484,833 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG484,833 investors already sharing narrativesYour Fair ValueNT$Current PriceNT$22.4082.4% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture045b2016201920222025202620282031Revenue NT$31.8bEarnings NT$2.1bAdvancedSet Fair ValueView all narrativesFar Eastern Department Stores, Ltd. 競合他社momo.comSymbol: TWSE:8454Market cap: NT$70.9bPOYA InternationalSymbol: TPEX:5904Market cap: NT$66.3bTonlin Department StoreLtdSymbol: TWSE:2910Market cap: NT$4.3bJing-Jan Retail BusinessSymbol: TPEX:2942Market cap: NT$2.4b価格と性能株価の高値、安値、推移の概要Far Eastern Department Stores過去の株価現在の株価NT$22.4052週高値NT$24.5052週安値NT$20.75ベータ0.0321ヶ月の変化-6.86%3ヶ月変化-2.82%1年変化3.46%3年間の変化1.13%5年間の変化-7.05%IPOからの変化8.89%最新ニュースUpcoming Dividend • Jun 24Upcoming dividend of NT$1.25 per shareEligible shareholders must have bought the stock before 01 July 2026. Payment date: 24 July 2026. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 5.4%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.6%).Declared Dividend • Jun 05Dividend reduced to NT$1.25Dividend of NT$1.25 is 7.4% lower than last year. Ex-date: 1st July 2026 Payment date: 24th July 2026 Dividend yield will be 5.3%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 14% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.4% EPS decline seen over the last 5 years.Reported Earnings • May 17First quarter 2026 earnings released: EPS: NT$0.39 (vs NT$0.34 in 1Q 2025)First quarter 2026 results: EPS: NT$0.39 (up from NT$0.34 in 1Q 2025). Revenue: NT$8.45b (flat on 1Q 2025). Net income: NT$552.2m (up 17% from 1Q 2025). Profit margin: 6.5% (up from 5.6% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 3% per year.Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$1.56 (vs NT$1.65 in FY 2024)Full year 2025 results: EPS: NT$1.56 (down from NT$1.65 in FY 2024). Revenue: NT$34.1b (down 2.7% from FY 2024). Net income: NT$2.20b (down 5.5% from FY 2024). Profit margin: 6.5% (down from 6.6% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.お知らせ • Mar 11Far Eastern Department Stores, Ltd., Annual General Meeting, May 27, 2026Far Eastern Department Stores, Ltd., Annual General Meeting, May 27, 2026. Location: 5 floor no,24, sec.1 hang chou s. rd., jhongjheng district, taipei city TaiwanReported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.30 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.49 (up from NT$0.30 in 3Q 2024). Revenue: NT$7.62b (flat on 3Q 2024). Net income: NT$695.5m (up 62% from 3Q 2024). Profit margin: 9.1% (up from 5.6% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year.最新情報をもっと見るRecent updatesUpcoming Dividend • Jun 24Upcoming dividend of NT$1.25 per shareEligible shareholders must have bought the stock before 01 July 2026. Payment date: 24 July 2026. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 5.4%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.6%).Declared Dividend • Jun 05Dividend reduced to NT$1.25Dividend of NT$1.25 is 7.4% lower than last year. Ex-date: 1st July 2026 Payment date: 24th July 2026 Dividend yield will be 5.3%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 14% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.4% EPS decline seen over the last 5 years.Reported Earnings • May 17First quarter 2026 earnings released: EPS: NT$0.39 (vs NT$0.34 in 1Q 2025)First quarter 2026 results: EPS: NT$0.39 (up from NT$0.34 in 1Q 2025). Revenue: NT$8.45b (flat on 1Q 2025). Net income: NT$552.2m (up 17% from 1Q 2025). Profit margin: 6.5% (up from 5.6% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 3% per year.Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$1.56 (vs NT$1.65 in FY 2024)Full year 2025 results: EPS: NT$1.56 (down from NT$1.65 in FY 2024). Revenue: NT$34.1b (down 2.7% from FY 2024). Net income: NT$2.20b (down 5.5% from FY 2024). Profit margin: 6.5% (down from 6.6% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.お知らせ • Mar 11Far Eastern Department Stores, Ltd., Annual General Meeting, May 27, 2026Far Eastern Department Stores, Ltd., Annual General Meeting, May 27, 2026. Location: 5 floor no,24, sec.1 hang chou s. rd., jhongjheng district, taipei city TaiwanReported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.30 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.49 (up from NT$0.30 in 3Q 2024). Revenue: NT$7.62b (flat on 3Q 2024). Net income: NT$695.5m (up 62% from 3Q 2024). Profit margin: 9.1% (up from 5.6% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.29 (vs NT$0.38 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.29 (down from NT$0.38 in 2Q 2024). Revenue: NT$7.54b (down 4.0% from 2Q 2024). Net income: NT$402.6m (down 25% from 2Q 2024). Profit margin: 5.3% (down from 6.9% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 17Upcoming dividend of NT$1.35 per shareEligible shareholders must have bought the stock before 24 June 2025. Payment date: 22 July 2025. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 5.8%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (4.7%).Buy Or Sell Opportunity • Jun 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.6% to NT$22.70. The fair value is estimated to be NT$28.46, 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 grown by 17%.お知らせ • May 21Far Eastern Department Stores, Ltd. Approves Cash Dividend for 2024Far Eastern Department Stores, Ltd. in its Annual General Meeting of Shareholders resolved to approve the proposal for distribution of 2024 profits. Cash dividend of TWD 1.35 per share.Reported Earnings • May 16First quarter 2025 earnings released: EPS: NT$0.34 (vs NT$0.41 in 1Q 2024)First quarter 2025 results: EPS: NT$0.34 (down from NT$0.41 in 1Q 2024). Revenue: NT$8.47b (down 4.0% from 1Q 2024). Net income: NT$473.6m (down 18% from 1Q 2024). Profit margin: 5.6% (down from 6.6% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • May 01Far Eastern Department Stores, Ltd. to Report Q1, 2025 Results on May 08, 2025Far Eastern Department Stores, Ltd. announced that they will report Q1, 2025 results on May 08, 2025Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$20.80, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 18x in the Multiline Retail industry in Taiwan. Total returns to shareholders of 14% over the past three years.Buy Or Sell Opportunity • Apr 07Now 22% undervaluedOver the last 90 days, the stock has risen 1.1% to NT$22.25. The fair value is estimated to be NT$28.59, 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 grown by 23%.Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$1.65 (vs NT$1.95 in FY 2023)Full year 2024 results: EPS: NT$1.65 (down from NT$1.95 in FY 2023). Revenue: NT$35.0b (down 4.7% from FY 2023). Net income: NT$2.33b (down 16% from FY 2023). Profit margin: 6.6% (down from 7.5% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 06Far Eastern Department Stores, Ltd., Annual General Meeting, May 20, 2025Far Eastern Department Stores, Ltd., Annual General Meeting, May 20, 2025, at 09:00 Taipei Standard Time. Location: 5 floor no,24, sec.1 hang chou s. rd., jhongjheng district, taipei city Taiwan分析記事 • Mar 05Lacklustre Performance Is Driving Far Eastern Department Stores, Ltd.'s (TWSE:2903) Low P/EWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 22x, you may consider Far...お知らせ • Feb 25Far Eastern Department Stores, Ltd. to Report Fiscal Year 2024 Results on Mar 04, 2025Far Eastern Department Stores, Ltd. announced that they will report fiscal year 2024 results on Mar 04, 2025分析記事 • Feb 13These 4 Measures Indicate That Far Eastern Department Stores (TWSE:2903) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Buy Or Sell Opportunity • Feb 13Now 21% overvaluedOver the last 90 days, the stock has fallen 9.2% to NT$23.25. The fair value is estimated to be NT$19.15, 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 grown by 25%.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.30 (vs NT$0.51 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.30 (down from NT$0.51 in 3Q 2023). Revenue: NT$7.69b (down 6.8% from 3Q 2023). Net income: NT$429.0m (down 40% from 3Q 2023). Profit margin: 5.6% (down from 8.7% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 05Far Eastern Department Stores, Ltd. to Report Q3, 2024 Results on Nov 12, 2024Far Eastern Department Stores, Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024分析記事 • Sep 16Returns On Capital At Far Eastern Department Stores (TWSE:2903) Have Hit The BrakesThere are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.38 (vs NT$0.51 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.38 (down from NT$0.51 in 2Q 2023). Revenue: NT$7.85b (down 4.9% from 2Q 2023). Net income: NT$538.9m (down 26% from 2Q 2023). Profit margin: 6.9% (down from 8.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 02Far Eastern Department Stores, Ltd. to Report Q2, 2024 Results on Aug 09, 2024Far Eastern Department Stores, Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024分析記事 • Jul 03Far Eastern Department Stores' (TWSE:2903) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Far Eastern Department Stores, Ltd. ( TWSE:2903 ) has announced that it will be paying its dividend of...Declared Dividend • Jul 03Dividend increased to NT$1.60Dividend of NT$1.60 is 45% higher than last year. Ex-date: 16th July 2024 Payment date: 6th August 2024 Dividend yield will be 4.5%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 3.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jul 02Far Eastern Department Stores, Ltd. Approves Dividend Distribution, Payable on August 6, 2024Far Eastern Department Stores, Ltd. approved dividend distribution of TWD 1.6 per share. Date of the resolution by the board of directors or shareholders meeting or decision by the company is July 1, 2024. Ex-rights (ex-dividend) trading date is July 16, 2024. Ex-rights (ex-dividend) record date is July 22, 2024. Payment date of common stock cash dividend distribution is August 6, 2024.Reported Earnings • May 17First quarter 2024 earnings released: EPS: NT$0.41 (vs NT$0.56 in 1Q 2023)First quarter 2024 results: EPS: NT$0.41 (down from NT$0.56 in 1Q 2023). Revenue: NT$8.82b (down 5.0% from 1Q 2023). Net income: NT$578.9m (down 27% from 1Q 2023). Profit margin: 6.6% (down from 8.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 15% per year.分析記事 • Apr 28Far Eastern Department Stores (TWSE:2903) Seems To Use Debt Quite SensiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Mar 22Shareholders Will Be Pleased With The Quality of Far Eastern Department Stores' (TWSE:2903) EarningsFar Eastern Department Stores, Ltd. ( TWSE:2903 ) recently posted some strong earnings, and the market responded...Reported Earnings • Mar 18Full year 2023 earnings released: EPS: NT$1.95 (vs NT$1.37 in FY 2022)Full year 2023 results: EPS: NT$1.95 (up from NT$1.37 in FY 2022). Revenue: NT$36.7b (up 2.4% from FY 2022). Net income: NT$2.75b (up 43% from FY 2022). Profit margin: 7.5% (up from 5.4% in FY 2022). 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 6% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 16There Is A Reason Far Eastern Department Stores, Ltd.'s (TWSE:2903) Price Is UndemandingWith a price-to-earnings (or "P/E") ratio of 13.1x Far Eastern Department Stores, Ltd. ( TWSE:2903 ) may be sending...お知らせ • Feb 24Far Eastern Department Stores, Ltd., Annual General Meeting, Jun 14, 2024Far Eastern Department Stores, Ltd., Annual General Meeting, Jun 14, 2024. Location: 14F., No. 136, Sec. 3, Ren'ai Rd., Da'an Dist Taipei City Taiwan Agenda: To consider the 2023 business report; to consider the 2023 financial statements; to consider the supervisors's review report on 2023 business report and financial statements; to consider the 2023 employees's compensation and directors' remuneration; to consider the 2023 business report and financial statements; and to consider the proposal for the distribution of 2023 profit.Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$0.51 (vs NT$0.018 loss in 2Q 2022)Second quarter 2023 results: EPS: NT$0.51 (up from NT$0.018 loss in 2Q 2022). Revenue: NT$8.25b (up 16% from 2Q 2022). Net income: NT$724.1m (up NT$749.9m from 2Q 2022). Profit margin: 8.8% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. 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.Upcoming Dividend • Jul 11Upcoming dividend of NT$1.10 per share at 4.6% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 15 August 2023. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.0%).お知らせ • Jun 23Far Eastern Department Stores, Ltd. Approves Proposal for the Distribution of 2022 ProfitsFar Eastern Department Stores, Ltd. at shareholders meeting on June 21, 2023 the company resolved to approve the proposal for the distribution of 2022 profits. Cash dividend of TWD 1.1 per share.Reported Earnings • Mar 19Full year 2022 earnings released: EPS: NT$1.37 (vs NT$0.86 in FY 2021)Full year 2022 results: EPS: NT$1.37 (up from NT$0.86 in FY 2021). Revenue: NT$35.9b (up 1.6% from FY 2021). Net income: NT$1.93b (up 60% from FY 2021). Profit margin: 5.4% (up from 3.4% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Ding Yu Dong was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Nov 11Far Eastern Department Stores, Ltd. Announces the Appointment of Greg Tseng as Chief Information Security OfficerFar Eastern Department Stores, Ltd. announced the appointment of Greg Tseng as Chief Information Security Officer. Name, title, and resume of the new position holder: Greg Tseng, Junior Vice President of FEDS. Reason for the change: New replacement. Effective date is November 10, 2022.Reported Earnings • Aug 17Second quarter 2022 earnings released: NT$0.02 loss per share (vs NT$0.09 loss in 2Q 2021)Second quarter 2022 results: NT$0.02 loss per share (up from NT$0.09 loss in 2Q 2021). Revenue: NT$7.14b (flat on 2Q 2021). Net loss: NT$25.8m (loss narrowed 80% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year.Upcoming Dividend • Jul 07Upcoming dividend of NT$0.90 per shareEligible shareholders must have bought the stock before 14 July 2022. Payment date: 12 August 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (4.3%).お知らせ • Jun 25Far Eastern Department Stores, Ltd. Approves Distribution of 2021 ProfitsFar Eastern Department Stores, Ltd. approved the proposal for the distribution of 2021 profits of Cash dividend of TWD 0.9 per share, at its shareholders meeting held on June 24, 2022.Reported Earnings • May 15First quarter 2022 earnings released: EPS: NT$0.38 (vs NT$0.50 in 1Q 2021)First quarter 2022 results: EPS: NT$0.38 (down from NT$0.50 in 1Q 2021). Revenue: NT$9.06b (down 3.0% from 1Q 2021). Net income: NT$536.1m (down 24% from 1Q 2021). Profit margin: 5.9% (down from 7.5% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 6% per year.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Ding Yu Dong was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 18Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$0.86 (down from NT$1.38 in FY 2020). Revenue: NT$35.3b (down 5.3% from FY 2020). Net income: NT$1.21b (down 38% from FY 2020). Profit margin: 3.4% (down from 5.2% in FY 2020). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 4.8%. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 8% per year.お知らせ • Mar 06+ 1 more updateFar Eastern Department Stores, Ltd. Approves Cash Dividend for the Period Ended December 31, 2021Far Eastern Department Stores, Ltd. approved cash dividend of TWD 0.9 per share for the period ended December 31, 2021 in the board of directors resolution on March 4, 2022.お知らせ • Mar 04Far Eastern Department Stores, Ltd., Annual General Meeting, Jun 14, 2022Far Eastern Department Stores, Ltd., Annual General Meeting, Jun 14, 2022. Location: No. 1, Yuandong Rd., Banqiao Dist., New Taipei City 220 Taipei City Taiwan Agenda: To consider 2021 business report; to consider 2021 financial statements; to consider Supervisors' review report on 2021 business report and financial statements; to consider 2021 employees' compensation; and to consider any other matters of the business.Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS NT$0.23 (vs NT$0.58 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$7.04b (down 17% from 3Q 2020). Net income: NT$319.4m (down 61% from 3Q 2020). Profit margin: 4.5% (down from 9.6% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 13% per year.Reported Earnings • Aug 15Second quarter 2021 earnings released: NT$0.09 loss per share (vs NT$0.23 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: NT$7.08b (down 11% from 2Q 2020). Net loss: NT$126.2m (down 140% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Executive Departure • Aug 03Director Jin-Lin Liang has left the companyOn the 28th of July, Jin-Lin Liang's tenure as Director ended after 15.2 years in the role. We don't have any record of a personal shareholding under Jin-Lin's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 6.04 years.Executive Departure • Aug 03Director Chee Ching has left the companyOn the 28th of July, Chee Ching's tenure as Director ended after 2.3 years in the role. We don't have any record of a personal shareholding under Chee's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 6.04 years.Upcoming Dividend • Jul 21Upcoming dividend of NT$1.10 per shareEligible shareholders must have bought the stock before 28 July 2021. Payment date: 24 August 2021. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.6%).Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.50 (vs NT$0.055 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$9.34b (up 8.2% from 1Q 2020). Net income: NT$703.2m (up NT$625.3m from 1Q 2020). Profit margin: 7.5% (up from 0.9% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year.Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$1.38 (vs NT$1.27 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$37.3b (down 1.6% from FY 2019). Net income: NT$1.94b (up 8.8% from FY 2019). Profit margin: 5.2% (up from 4.7% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Mar 04Should Far Eastern Department Stores, Ltd. (TPE:2903) Be Part Of Your Dividend Portfolio?Could Far Eastern Department Stores, Ltd. ( TPE:2903 ) be an attractive dividend share to own for the long haul...分析記事 • Feb 11Is Far Eastern Department Stores, Ltd.'s (TPE:2903) Stock Price Struggling As A Result Of Its Mixed Financials?It is hard to get excited after looking at Far Eastern Department Stores' (TPE:2903) recent performance, when its stock...Is New 90 Day High Low • Jan 26New 90-day low: NT$22.00The company is down 9.0% from its price of NT$24.15 on 28 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is down 5.0% over the same period.分析記事 • Jan 24Is There More To The Story Than Far Eastern Department Stores's (TPE:2903) Earnings Growth?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. Having...分析記事 • Jan 07Far Eastern Department Stores (TPE:2903) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Is New 90 Day High Low • Jan 06New 90-day low: NT$23.15The company is down 7.0% from its price of NT$24.85 on 08 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 3.0% over the same period.分析記事 • Dec 23Shareholders Of Far Eastern Department Stores (TPE:2903) Must Be Happy With Their 83% ReturnBy buying an index fund, you can roughly match the market return with ease. But if you choose individual stocks with...分析記事 • Dec 08The Returns At Far Eastern Department Stores (TPE:2903) Provide Us With Signs Of What's To ComeIf 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 • Nov 23Should You Or Shouldn't You: A Dividend Analysis on Far Eastern Department Stores, Ltd. (TPE:2903)Today we'll take a closer look at Far Eastern Department Stores, Ltd. (TPE:2903) from a dividend investor's...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.58The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$8.51b (up 2.4% from 3Q 2019). Net income: NT$813.6m (up 78% from 3Q 2019). Profit margin: 9.6% (up from 5.5% in 3Q 2019). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Nov 01New 90-day low: NT$23.60The company is down 4.0% from its price of NT$24.65 on 03 August 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is flat over the same period.株主還元2903TW Multiline RetailTW 市場7D0.7%-2.3%-0.3%1Y3.5%15.4%96.4%株主還元を見る業界別リターン: 2903過去 1 年間で15.4 % の収益を上げたTW Multiline Retail業界を下回りました。リターン対市場: 2903は、過去 1 年間で96.4 % のリターンを上げたTW市場を下回りました。価格変動Is 2903's price volatile compared to industry and market?2903 volatility2903 Average Weekly Movement2.9%Multiline Retail Industry Average Movement5.5%Market Average Movement6.6%10% most volatile stocks in TW Market11.9%10% least volatile stocks in TW Market2.6%安定した株価: 2903 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 2903の 週次ボラティリティ ( 3% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1967n/aNancy Hsuwww.feds.com.tw遠東百貨股份有限公司は、子会社とともに台湾で百貨店とスーパーマーケットを運営している。同社の商品ポートフォリオには、雑貨、娯楽家電、玩具、金物、家具、装飾品、ハンドメイド製品、文房具、図書館用品、CD/DVD、カメラ用品、靴/帽子/トレーニングウェア、医療機器、タバコ/ワイン、米/コーン、コンピューター/通信機器、塩、時計、メガネ、テープレコーダー、レーダーCDプレーヤー、金/宝石、電子製品などが含まれ、フードコート、飲料店、ガソリンスタンド、レストラン、ヘアサロン、映画現像店なども運営している。また、自動車修理・駐車場経営、画廊・作品・骨董品事業、広告活動、電子機器・子供向け娯楽遊園地・施設事業、保管事業、フィルムテープの販売、ベンダー機械・計測機器の輸入販売、有線・無線通信機器の修理・輸出入も行っている。同社は11の支店を運営している。遠東百貨股份有限公司は1967年に設立され、本社は台湾の新北市にある。もっと見るFar Eastern Department Stores, Ltd. 基礎のまとめFar Eastern Department Stores の収益と売上を時価総額と比較するとどうか。2903 基礎統計学時価総額NT$31.56b収益（TTM）NT$2.28b売上高(TTM)NT$34.04b13.9xPER（株価収益率0.9xP/Sレシオ2903 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計2903 損益計算書（TTM）収益NT$34.04b売上原価NT$14.31b売上総利益NT$19.73bその他の費用NT$17.45b収益NT$2.28b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）1.62グロス・マージン57.96%純利益率6.69%有利子負債／自己資本比率75.6%2903 の長期的なパフォーマンスは？過去の実績と比較を見る配当金5.6%現在の配当利回り77%配当性向2903 配当は確実ですか？2903 配当履歴とベンチマークを見る2903 、いつまでに購入すれば配当金を受け取れますか？Far Eastern Department Stores 配当日配当落ち日Jul 01 2026配当支払日Jul 24 2026配当落ちまでの日数16 days配当支払日までの日数7 days2903 配当は確実ですか？2903 配当履歴とベンチマークを見るView Valuation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2026/07/16 02:58終値2026/07/16 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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Far Eastern Department Stores, Ltd. 0 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。12 アナリスト機関Peter KurzCitigroup IncKeng-Yu ShihCLSAYoshihiko KawashimaDaiwa Securities Co. Ltd.9 その他のアナリストを表示
Upcoming Dividend • Jun 24Upcoming dividend of NT$1.25 per shareEligible shareholders must have bought the stock before 01 July 2026. Payment date: 24 July 2026. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 5.4%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.6%).
Declared Dividend • Jun 05Dividend reduced to NT$1.25Dividend of NT$1.25 is 7.4% lower than last year. Ex-date: 1st July 2026 Payment date: 24th July 2026 Dividend yield will be 5.3%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 14% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.4% EPS decline seen over the last 5 years.
Reported Earnings • May 17First quarter 2026 earnings released: EPS: NT$0.39 (vs NT$0.34 in 1Q 2025)First quarter 2026 results: EPS: NT$0.39 (up from NT$0.34 in 1Q 2025). Revenue: NT$8.45b (flat on 1Q 2025). Net income: NT$552.2m (up 17% from 1Q 2025). Profit margin: 6.5% (up from 5.6% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 3% per year.
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$1.56 (vs NT$1.65 in FY 2024)Full year 2025 results: EPS: NT$1.56 (down from NT$1.65 in FY 2024). Revenue: NT$34.1b (down 2.7% from FY 2024). Net income: NT$2.20b (down 5.5% from FY 2024). Profit margin: 6.5% (down from 6.6% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.
お知らせ • Mar 11Far Eastern Department Stores, Ltd., Annual General Meeting, May 27, 2026Far Eastern Department Stores, Ltd., Annual General Meeting, May 27, 2026. Location: 5 floor no,24, sec.1 hang chou s. rd., jhongjheng district, taipei city Taiwan
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.30 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.49 (up from NT$0.30 in 3Q 2024). Revenue: NT$7.62b (flat on 3Q 2024). Net income: NT$695.5m (up 62% from 3Q 2024). Profit margin: 9.1% (up from 5.6% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year.
Upcoming Dividend • Jun 24Upcoming dividend of NT$1.25 per shareEligible shareholders must have bought the stock before 01 July 2026. Payment date: 24 July 2026. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 5.4%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.6%).
Declared Dividend • Jun 05Dividend reduced to NT$1.25Dividend of NT$1.25 is 7.4% lower than last year. Ex-date: 1st July 2026 Payment date: 24th July 2026 Dividend yield will be 5.3%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 14% to shift the payout ratio to a potentially unsustainable range, which is more than the 2.4% EPS decline seen over the last 5 years.
Reported Earnings • May 17First quarter 2026 earnings released: EPS: NT$0.39 (vs NT$0.34 in 1Q 2025)First quarter 2026 results: EPS: NT$0.39 (up from NT$0.34 in 1Q 2025). Revenue: NT$8.45b (flat on 1Q 2025). Net income: NT$552.2m (up 17% from 1Q 2025). Profit margin: 6.5% (up from 5.6% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 3% per year.
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$1.56 (vs NT$1.65 in FY 2024)Full year 2025 results: EPS: NT$1.56 (down from NT$1.65 in FY 2024). Revenue: NT$34.1b (down 2.7% from FY 2024). Net income: NT$2.20b (down 5.5% from FY 2024). Profit margin: 6.5% (down from 6.6% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has increased by 1% per year.
お知らせ • Mar 11Far Eastern Department Stores, Ltd., Annual General Meeting, May 27, 2026Far Eastern Department Stores, Ltd., Annual General Meeting, May 27, 2026. Location: 5 floor no,24, sec.1 hang chou s. rd., jhongjheng district, taipei city Taiwan
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.30 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.49 (up from NT$0.30 in 3Q 2024). Revenue: NT$7.62b (flat on 3Q 2024). Net income: NT$695.5m (up 62% from 3Q 2024). Profit margin: 9.1% (up from 5.6% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.29 (vs NT$0.38 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.29 (down from NT$0.38 in 2Q 2024). Revenue: NT$7.54b (down 4.0% from 2Q 2024). Net income: NT$402.6m (down 25% from 2Q 2024). Profit margin: 5.3% (down from 6.9% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 17Upcoming dividend of NT$1.35 per shareEligible shareholders must have bought the stock before 24 June 2025. Payment date: 22 July 2025. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 5.8%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (4.7%).
Buy Or Sell Opportunity • Jun 02Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.6% to NT$22.70. The fair value is estimated to be NT$28.46, 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 grown by 17%.
お知らせ • May 21Far Eastern Department Stores, Ltd. Approves Cash Dividend for 2024Far Eastern Department Stores, Ltd. in its Annual General Meeting of Shareholders resolved to approve the proposal for distribution of 2024 profits. Cash dividend of TWD 1.35 per share.
Reported Earnings • May 16First quarter 2025 earnings released: EPS: NT$0.34 (vs NT$0.41 in 1Q 2024)First quarter 2025 results: EPS: NT$0.34 (down from NT$0.41 in 1Q 2024). Revenue: NT$8.47b (down 4.0% from 1Q 2024). Net income: NT$473.6m (down 18% from 1Q 2024). Profit margin: 5.6% (down from 6.6% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • May 01Far Eastern Department Stores, Ltd. to Report Q1, 2025 Results on May 08, 2025Far Eastern Department Stores, Ltd. announced that they will report Q1, 2025 results on May 08, 2025
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$20.80, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 18x in the Multiline Retail industry in Taiwan. Total returns to shareholders of 14% over the past three years.
Buy Or Sell Opportunity • Apr 07Now 22% undervaluedOver the last 90 days, the stock has risen 1.1% to NT$22.25. The fair value is estimated to be NT$28.59, 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 grown by 23%.
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$1.65 (vs NT$1.95 in FY 2023)Full year 2024 results: EPS: NT$1.65 (down from NT$1.95 in FY 2023). Revenue: NT$35.0b (down 4.7% from FY 2023). Net income: NT$2.33b (down 16% from FY 2023). Profit margin: 6.6% (down from 7.5% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 06Far Eastern Department Stores, Ltd., Annual General Meeting, May 20, 2025Far Eastern Department Stores, Ltd., Annual General Meeting, May 20, 2025, at 09:00 Taipei Standard Time. Location: 5 floor no,24, sec.1 hang chou s. rd., jhongjheng district, taipei city Taiwan
分析記事 • Mar 05Lacklustre Performance Is Driving Far Eastern Department Stores, Ltd.'s (TWSE:2903) Low P/EWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 22x, you may consider Far...
お知らせ • Feb 25Far Eastern Department Stores, Ltd. to Report Fiscal Year 2024 Results on Mar 04, 2025Far Eastern Department Stores, Ltd. announced that they will report fiscal year 2024 results on Mar 04, 2025
分析記事 • Feb 13These 4 Measures Indicate That Far Eastern Department Stores (TWSE:2903) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Buy Or Sell Opportunity • Feb 13Now 21% overvaluedOver the last 90 days, the stock has fallen 9.2% to NT$23.25. The fair value is estimated to be NT$19.15, 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 grown by 25%.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.30 (vs NT$0.51 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.30 (down from NT$0.51 in 3Q 2023). Revenue: NT$7.69b (down 6.8% from 3Q 2023). Net income: NT$429.0m (down 40% from 3Q 2023). Profit margin: 5.6% (down from 8.7% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 05Far Eastern Department Stores, Ltd. to Report Q3, 2024 Results on Nov 12, 2024Far Eastern Department Stores, Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024
分析記事 • Sep 16Returns On Capital At Far Eastern Department Stores (TWSE:2903) Have Hit The BrakesThere are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.38 (vs NT$0.51 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.38 (down from NT$0.51 in 2Q 2023). Revenue: NT$7.85b (down 4.9% from 2Q 2023). Net income: NT$538.9m (down 26% from 2Q 2023). Profit margin: 6.9% (down from 8.8% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 02Far Eastern Department Stores, Ltd. to Report Q2, 2024 Results on Aug 09, 2024Far Eastern Department Stores, Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
分析記事 • Jul 03Far Eastern Department Stores' (TWSE:2903) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Far Eastern Department Stores, Ltd. ( TWSE:2903 ) has announced that it will be paying its dividend of...
Declared Dividend • Jul 03Dividend increased to NT$1.60Dividend of NT$1.60 is 45% higher than last year. Ex-date: 16th July 2024 Payment date: 6th August 2024 Dividend yield will be 4.5%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 3.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jul 02Far Eastern Department Stores, Ltd. Approves Dividend Distribution, Payable on August 6, 2024Far Eastern Department Stores, Ltd. approved dividend distribution of TWD 1.6 per share. Date of the resolution by the board of directors or shareholders meeting or decision by the company is July 1, 2024. Ex-rights (ex-dividend) trading date is July 16, 2024. Ex-rights (ex-dividend) record date is July 22, 2024. Payment date of common stock cash dividend distribution is August 6, 2024.
Reported Earnings • May 17First quarter 2024 earnings released: EPS: NT$0.41 (vs NT$0.56 in 1Q 2023)First quarter 2024 results: EPS: NT$0.41 (down from NT$0.56 in 1Q 2023). Revenue: NT$8.82b (down 5.0% from 1Q 2023). Net income: NT$578.9m (down 27% from 1Q 2023). Profit margin: 6.6% (down from 8.5% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 15% per year.
分析記事 • Apr 28Far Eastern Department Stores (TWSE:2903) Seems To Use Debt Quite SensiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Mar 22Shareholders Will Be Pleased With The Quality of Far Eastern Department Stores' (TWSE:2903) EarningsFar Eastern Department Stores, Ltd. ( TWSE:2903 ) recently posted some strong earnings, and the market responded...
Reported Earnings • Mar 18Full year 2023 earnings released: EPS: NT$1.95 (vs NT$1.37 in FY 2022)Full year 2023 results: EPS: NT$1.95 (up from NT$1.37 in FY 2022). Revenue: NT$36.7b (up 2.4% from FY 2022). Net income: NT$2.75b (up 43% from FY 2022). Profit margin: 7.5% (up from 5.4% in FY 2022). 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 6% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 16There Is A Reason Far Eastern Department Stores, Ltd.'s (TWSE:2903) Price Is UndemandingWith a price-to-earnings (or "P/E") ratio of 13.1x Far Eastern Department Stores, Ltd. ( TWSE:2903 ) may be sending...
お知らせ • Feb 24Far Eastern Department Stores, Ltd., Annual General Meeting, Jun 14, 2024Far Eastern Department Stores, Ltd., Annual General Meeting, Jun 14, 2024. Location: 14F., No. 136, Sec. 3, Ren'ai Rd., Da'an Dist Taipei City Taiwan Agenda: To consider the 2023 business report; to consider the 2023 financial statements; to consider the supervisors's review report on 2023 business report and financial statements; to consider the 2023 employees's compensation and directors' remuneration; to consider the 2023 business report and financial statements; and to consider the proposal for the distribution of 2023 profit.
Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$0.51 (vs NT$0.018 loss in 2Q 2022)Second quarter 2023 results: EPS: NT$0.51 (up from NT$0.018 loss in 2Q 2022). Revenue: NT$8.25b (up 16% from 2Q 2022). Net income: NT$724.1m (up NT$749.9m from 2Q 2022). Profit margin: 8.8% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. 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.
Upcoming Dividend • Jul 11Upcoming dividend of NT$1.10 per share at 4.6% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 15 August 2023. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.0%).
お知らせ • Jun 23Far Eastern Department Stores, Ltd. Approves Proposal for the Distribution of 2022 ProfitsFar Eastern Department Stores, Ltd. at shareholders meeting on June 21, 2023 the company resolved to approve the proposal for the distribution of 2022 profits. Cash dividend of TWD 1.1 per share.
Reported Earnings • Mar 19Full year 2022 earnings released: EPS: NT$1.37 (vs NT$0.86 in FY 2021)Full year 2022 results: EPS: NT$1.37 (up from NT$0.86 in FY 2021). Revenue: NT$35.9b (up 1.6% from FY 2021). Net income: NT$1.93b (up 60% from FY 2021). Profit margin: 5.4% (up from 3.4% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Ding Yu Dong was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Nov 11Far Eastern Department Stores, Ltd. Announces the Appointment of Greg Tseng as Chief Information Security OfficerFar Eastern Department Stores, Ltd. announced the appointment of Greg Tseng as Chief Information Security Officer. Name, title, and resume of the new position holder: Greg Tseng, Junior Vice President of FEDS. Reason for the change: New replacement. Effective date is November 10, 2022.
Reported Earnings • Aug 17Second quarter 2022 earnings released: NT$0.02 loss per share (vs NT$0.09 loss in 2Q 2021)Second quarter 2022 results: NT$0.02 loss per share (up from NT$0.09 loss in 2Q 2021). Revenue: NT$7.14b (flat on 2Q 2021). Net loss: NT$25.8m (loss narrowed 80% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year.
Upcoming Dividend • Jul 07Upcoming dividend of NT$0.90 per shareEligible shareholders must have bought the stock before 14 July 2022. Payment date: 12 August 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (4.3%).
お知らせ • Jun 25Far Eastern Department Stores, Ltd. Approves Distribution of 2021 ProfitsFar Eastern Department Stores, Ltd. approved the proposal for the distribution of 2021 profits of Cash dividend of TWD 0.9 per share, at its shareholders meeting held on June 24, 2022.
Reported Earnings • May 15First quarter 2022 earnings released: EPS: NT$0.38 (vs NT$0.50 in 1Q 2021)First quarter 2022 results: EPS: NT$0.38 (down from NT$0.50 in 1Q 2021). Revenue: NT$9.06b (down 3.0% from 1Q 2021). Net income: NT$536.1m (down 24% from 1Q 2021). Profit margin: 5.9% (down from 7.5% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 6% per year.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Ding Yu Dong was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 18Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$0.86 (down from NT$1.38 in FY 2020). Revenue: NT$35.3b (down 5.3% from FY 2020). Net income: NT$1.21b (down 38% from FY 2020). Profit margin: 3.4% (down from 5.2% in FY 2020). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 4.8%. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 8% per year.
お知らせ • Mar 06+ 1 more updateFar Eastern Department Stores, Ltd. Approves Cash Dividend for the Period Ended December 31, 2021Far Eastern Department Stores, Ltd. approved cash dividend of TWD 0.9 per share for the period ended December 31, 2021 in the board of directors resolution on March 4, 2022.
お知らせ • Mar 04Far Eastern Department Stores, Ltd., Annual General Meeting, Jun 14, 2022Far Eastern Department Stores, Ltd., Annual General Meeting, Jun 14, 2022. Location: No. 1, Yuandong Rd., Banqiao Dist., New Taipei City 220 Taipei City Taiwan Agenda: To consider 2021 business report; to consider 2021 financial statements; to consider Supervisors' review report on 2021 business report and financial statements; to consider 2021 employees' compensation; and to consider any other matters of the business.
Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS NT$0.23 (vs NT$0.58 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$7.04b (down 17% from 3Q 2020). Net income: NT$319.4m (down 61% from 3Q 2020). Profit margin: 4.5% (down from 9.6% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 13% per year.
Reported Earnings • Aug 15Second quarter 2021 earnings released: NT$0.09 loss per share (vs NT$0.23 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: NT$7.08b (down 11% from 2Q 2020). Net loss: NT$126.2m (down 140% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Executive Departure • Aug 03Director Jin-Lin Liang has left the companyOn the 28th of July, Jin-Lin Liang's tenure as Director ended after 15.2 years in the role. We don't have any record of a personal shareholding under Jin-Lin's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 6.04 years.
Executive Departure • Aug 03Director Chee Ching has left the companyOn the 28th of July, Chee Ching's tenure as Director ended after 2.3 years in the role. We don't have any record of a personal shareholding under Chee's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 6.04 years.
Upcoming Dividend • Jul 21Upcoming dividend of NT$1.10 per shareEligible shareholders must have bought the stock before 28 July 2021. Payment date: 24 August 2021. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.6%).
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.50 (vs NT$0.055 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$9.34b (up 8.2% from 1Q 2020). Net income: NT$703.2m (up NT$625.3m from 1Q 2020). Profit margin: 7.5% (up from 0.9% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 5% per year.
Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$1.38 (vs NT$1.27 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$37.3b (down 1.6% from FY 2019). Net income: NT$1.94b (up 8.8% from FY 2019). Profit margin: 5.2% (up from 4.7% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Mar 04Should Far Eastern Department Stores, Ltd. (TPE:2903) Be Part Of Your Dividend Portfolio?Could Far Eastern Department Stores, Ltd. ( TPE:2903 ) be an attractive dividend share to own for the long haul...
分析記事 • Feb 11Is Far Eastern Department Stores, Ltd.'s (TPE:2903) Stock Price Struggling As A Result Of Its Mixed Financials?It is hard to get excited after looking at Far Eastern Department Stores' (TPE:2903) recent performance, when its stock...
Is New 90 Day High Low • Jan 26New 90-day low: NT$22.00The company is down 9.0% from its price of NT$24.15 on 28 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is down 5.0% over the same period.
分析記事 • Jan 24Is There More To The Story Than Far Eastern Department Stores's (TPE:2903) Earnings Growth?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. Having...
分析記事 • Jan 07Far Eastern Department Stores (TPE:2903) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Is New 90 Day High Low • Jan 06New 90-day low: NT$23.15The company is down 7.0% from its price of NT$24.85 on 08 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 3.0% over the same period.
分析記事 • Dec 23Shareholders Of Far Eastern Department Stores (TPE:2903) Must Be Happy With Their 83% ReturnBy buying an index fund, you can roughly match the market return with ease. But if you choose individual stocks with...
分析記事 • Dec 08The Returns At Far Eastern Department Stores (TPE:2903) Provide Us With Signs Of What's To ComeIf 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 • Nov 23Should You Or Shouldn't You: A Dividend Analysis on Far Eastern Department Stores, Ltd. (TPE:2903)Today we'll take a closer look at Far Eastern Department Stores, Ltd. (TPE:2903) from a dividend investor's...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.58The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$8.51b (up 2.4% from 3Q 2019). Net income: NT$813.6m (up 78% from 3Q 2019). Profit margin: 9.6% (up from 5.5% in 3Q 2019). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Nov 01New 90-day low: NT$23.60The company is down 4.0% from its price of NT$24.65 on 03 August 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is flat over the same period.
