2886 Stock Overview
Mega Financial Holding Co., Ltd., provides various financial services in Taiwan and internationally.
Mega Financial Holding Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NT$35.75|
|52 Week High||NT$44.29|
|52 Week Low||NT$30.29|
|1 Month Change||7.30%|
|3 Month Change||0.12%|
|1 Year Change||16.51%|
|3 Year Change||30.17%|
|5 Year Change||52.68%|
|Change since IPO||114.56%|
Recent News & Updates
|2886||TW Banks||TW Market|
Return vs Industry: 2886 underperformed the TW Banks industry which returned 19.7% over the past year.
Return vs Market: 2886 exceeded the TW Market which returned -7.1% over the past year.
|2886 Average Weekly Movement||3.0%|
|Banks Industry Average Movement||3.1%|
|Market Average Movement||5.0%|
|10% most volatile stocks in TW Market||8.4%|
|10% least volatile stocks in TW Market||2.5%|
Stable Share Price: 2886 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 2886's weekly volatility (3%) has been stable over the past year.
About the Company
Mega Financial Holding Co., Ltd., provides various financial services in Taiwan and internationally. It operates through Banking, Securities, Bills Finance, Insurance, and Other Businesses segments. The company accepts deposits, as well as offers loan and guarantee, trading financing, remittance, offshore banking, short-term bill, foreign exchange trading, safety deposit box, book-entry government bond, ATM debit card, and electronic and Internet banking services; and credit cards, consumer and student loans, home purchase and maintenance loans, car and credit insurance loans; and private banking and trust services.
Mega Financial Holding Fundamentals Summary
|2886 fundamental statistics|
Is 2886 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2886 income statement (TTM)|
|Cost of Revenue||NT$0|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Sep 01, 2022
|Earnings per share (EPS)||1.83|
|Net Profit Margin||44.28%|
How did 2886 perform over the long term?See historical performance and comparison
3.8%Current Dividend Yield
Is 2886 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2886?
Other financial metrics that can be useful for relative valuation.
|What is 2886's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 2886's PE Ratio compare to its peers?
|2886 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
2891 CTBC Financial Holding
2884 E.SUN Financial Holding Company
2892 First Financial Holding
5880 Taiwan Cooperative Financial Holding
2886 Mega Financial Holding
Price-To-Earnings vs Peers: 2886 is expensive based on its Price-To-Earnings Ratio (19.5x) compared to the peer average (16.9x).
Price to Earnings Ratio vs Industry
How does 2886's PE Ratio compare vs other companies in the Asian Banks Industry?
Price-To-Earnings vs Industry: 2886 is expensive based on its Price-To-Earnings Ratio (19.5x) compared to the TW Banks industry average (15.1x)
Price to Earnings Ratio vs Fair Ratio
What is 2886's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||19.5x|
|Fair PE Ratio||17.2x|
Price-To-Earnings vs Fair Ratio: 2886 is expensive based on its Price-To-Earnings Ratio (19.5x) compared to the estimated Fair Price-To-Earnings Ratio (17.2x).
Share Price vs Fair Value
What is the Fair Price of 2886 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 2886 (NT$35.75) is trading below our estimate of fair value (NT$38.01)
Significantly Below Fair Value: 2886 is trading below fair value, but not by a significant amount.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Mega Financial Holding forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2886's forecast earnings growth (16.1% per year) is above the savings rate (0.7%).
Earnings vs Market: 2886's earnings (16.1% per year) are forecast to grow faster than the TW market (6.1% per year).
High Growth Earnings: 2886's earnings are forecast to grow, but not significantly.
Revenue vs Market: 2886's revenue (11.4% per year) is forecast to grow faster than the TW market (7.3% per year).
High Growth Revenue: 2886's revenue (11.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2886's Return on Equity is forecast to be low in 3 years time (9.8%).
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How has Mega Financial Holding performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2886 has a high level of non-cash earnings.
Growing Profit Margin: 2886's current net profit margins (44.3%) are lower than last year (46.1%).
Past Earnings Growth Analysis
Earnings Trend: 2886's earnings have declined by 0.04% per year over the past 5 years.
Accelerating Growth: 2886's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2886 had negative earnings growth (-12.8%) over the past year, making it difficult to compare to the Banks industry average (10.7%).
Return on Equity
High ROE: 2886's Return on Equity (7.8%) is considered low.
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How is Mega Financial Holding's financial position? (This company is analysed differently as a bank or financial institution)
Financial Health Score6/6
Financial Health Score 6/6
Allowance for Bad Loans
Low Risk Liabilities
Low Risk Deposits
Level of Bad Loans
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: 2886's Assets to Equity ratio (13.4x) is moderate.
Allowance for Bad Loans: 2886 has a sufficient allowance for bad loans (742%).
Low Risk Liabilities: 82% of 2886's liabilities are made up of primarily low risk sources of funding.
Loan Level: 2886 has an appropriate level of Loans to Assets ratio (52%).
Low Risk Deposits: 2886's Loans to Deposits ratio (68%) is appropriate.
Level of Bad Loans: 2886 has an appropriate level of bad loans (0.2%).
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What is Mega Financial Holding current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2886's dividend (3.82%) is higher than the bottom 25% of dividend payers in the TW market (2.47%).
High Dividend: 2886's dividend (3.82%) is low compared to the top 25% of dividend payers in the TW market (6.47%).
Stability and Growth of Payments
Stable Dividend: 2886's dividends per share have been stable in the past 10 years.
Growing Dividend: 2886's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (74.5%), 2886's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 2886's dividends in 3 years are forecast to be covered by earnings (76.4% payout ratio).
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Kuang-Hua Hu, also known as David, serves as Director at Mega International Commercial Bank Co., Ltd. since February 7, 2018. He served as an Executive Vice President of Taiwan Cooperative Bank Co., Lt...
Experienced Management: 2886's management team is considered experienced (4.9 years average tenure).
Experienced Board: 2886's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Mega Financial Holding Co., Ltd.'s employee growth, exchange listings and data sources
- Name: Mega Financial Holding Co., Ltd.
- Ticker: 2886
- Exchange: TWSE
- Founded: 2002
- Industry: Diversified Banks
- Sector: Banks
- Implied Market Cap: NT$498.349b
- Shares outstanding: 13.94b
- Website: https://www.megaholdings.com.tw
Number of Employees
- Mega Financial Holding Co., Ltd.
- No. 123, Jhongsiao East Road
- 14th Floor, 16-20th Floors
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/17 00:00|
|End of Day Share Price||2022/08/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.