Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Top Form International. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
Top Form International's
is considered below, and whether this is a fair price.
Price based on past earnings
Top Form International's earnings available for a low price, and how does
this compare to other companies in the same industry?
Top Form International's earnings are expected to grow significantly at over 20% yearly.
Unable to determine if Top Form International is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Top Form International's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
Top Form International
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Top Form International's finances.
The net worth of a company is the difference between its assets and liabilities.
Top Form International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Top Form International's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Top Form International's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 3571.2x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Wong Kai Chung, also known as Kevin, CFA has been Chief Executive Officer of Top Form International Limited since August 24, 2018. He
served as General Manager of Brands Business at Top Form International Ltd and was its Vice Chairman since May 22, 2015 until August 24, 2018. Mr. Wong served as Group Corporate Development Manager of Top Form International Ltd. and was responsible for the Group’s corporate affairs as well as development of the branded operation in the PRC. He joined Top Form International Ltd. in 2001. He has been Executive Director of Top Form International Ltd. since March 1, 2011. He serves as a Director of Marguerite Lee Ltd., Meritlux Garment and Unique Form Manufacturing Company Ltd. Mr. Kevin Wong graduated
from Colby College, the United States of America majoring in Economics and International
Studies in 1998. He was awarded a Master of Business Administration degree issued jointly
by the Kellogg School of Management at Northwestern University and the Hong Kong
University of Science and Technology in 2016. He is the holder of the Chartered Financial
Kevin's compensation has increased whilst company is loss making.
Kevin's remuneration is higher than average for companies of similar size in Hong Kong.
CEO & Executive Director
MD & Executive Director
Chi Wa Pun
CFO & Company Secretary
Board of Directors Tenure
Average tenure and age of the
Top Form International
board of directors in years:
The average tenure for the Top Form International board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Have Insiders Been Buying Top Form International Limited (HKG:333) Shares This Year?
SEHK:333 Recent Insider Trading, May 16th 2019 Top Form International is not the only stock insiders are buying. … Does Top Form International Boast High Insider Ownership? … With high insider ownership and encouraging transactions, it seems like Top Form International insiders think the business has merit.
Investors Who Bought Top Form International (HKG:333) Shares Three Years Ago Are Now Down 16%
Unfortunately, that's been the case for longer term Top Form International Limited (HKG:333) shareholders, since the share price is down 16% in the last three years, falling well short of the market return of around 45%. … On the other hand the share price has bounced 5.9% over the last week. … Top Form International saw its share price decline over the three years in which its EPS also dropped, falling to a loss.
How Much Of Top Form International Limited (HKG:333) Do Insiders Own?
A look at the shareholders of Top Form International Limited (HKG:333) can tell us which group is most powerful. … Generally speaking, as a company grows, institutions will increase their ownership. … Conversely, insiders often decrease their ownership over time.
Who Has Been Buying Top Form International Limited (HKG:333) Shares?
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … So shareholders might well want to know whether insiders have been buying or selling shares in Top Form International Limited (HKG:333). … But logic dictates you should pay some attention to whether insiders are buying or selling shares.
Why We’re Not Impressed By Top Form International Limited’s (HKG:333) 1.1% ROCE
Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.
Here's What Top Form International Limited's (HKG:333) P/E Is Telling Us
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Based on the last twelve months, Top Form International's P/E ratio is 27.07. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)
Who Really Owns Top Form International Limited (HKG:333)?
If you want to know who really controls Top Form International Limited (HKG:333), then you'll have to look at the makeup of its share registry. … Generally speaking, as a company grows, institutions will increase their ownership. … Top Form International is not a large company by global standards.
With An ROE Of 2.2%, Has Top Form International Limited's (HKG:333) Management Done Well?
This analysis is intended to introduce important early concepts to people who are starting to invest. … and want to start learning about core concepts of fundamental analysis on practical examples from today's market. … Check out our latest analysis for Top Form International
Does Top Form International Limited (HKG:333)'s Capital Return Make The Cut?
and want a simplistic look at the return on Top Form International Limited (HKG:333) stock. … Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … Thus, to understand how your money can grow by investing in Top Form International, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)
Does Top Form International Limited's (HKG:333) PE Ratio Warrant A Sell?
Top Form International Limited (HKG:333) is currently trading at a trailing P/E of 13.5x, which is higher than the industry average of 11.6x. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind. … I will deconstruct the P/E ratio and highlight what you need to be careful of when using the P/E ratio
Top Form International Limited, an investment holding company, designs, manufactures, and distributes ladies’ intimate apparel. The company offers brassieres and ladies’ underwear. It is also involved in the molding and laminating, and property holding and property investment businesses; and provision of consultancy services in relation to ladies intimate apparel and accessories. The company operates in Hong Kong, the United States, Belgium, the Netherlands, Spain, France, the People’s Republic of China, Germany, Italy, Mexico, Thailand, and internationally. Top Form International Limited was founded in 1963 and is headquartered in Kwun Tong, Hong Kong.
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