Makalot Industrial Co., Ltd. engages in the design, manufacture, and sale of garments for men, women, and children in Taiwan. More Details
Solid track record with excellent balance sheet and pays a dividend.
Share Price & News
How has Makalot Industrial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1477 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 1477's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 1477 underperformed the TW Luxury industry which returned 38.2% over the past year.
Return vs Market: 1477 underperformed the TW Market which returned 38.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Makalot Industrial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall StThe Returns At Makalot Industrial (TPE:1477) Aren't Growing
3 months ago | Simply Wall StIs Makalot Industrial Co., Ltd.'s (TPE:1477) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
3 months ago | Simply Wall StShareholders Are Thrilled That The Makalot Industrial (TPE:1477) Share Price Increased 132%
Is Makalot Industrial undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1477 (NT$239.5) is trading below our estimate of fair value (NT$305.18)
Significantly Below Fair Value: 1477 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1477 is poor value based on its PE Ratio (23.2x) compared to the TW Luxury industry average (18.6x).
PE vs Market: 1477 is poor value based on its PE Ratio (23.2x) compared to the TW market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: 1477 is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: 1477 is overvalued based on its PB Ratio (4.9x) compared to the TW Luxury industry average (1.3x).
How is Makalot Industrial forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1477's forecast earnings growth (13.3% per year) is above the savings rate (0.8%).
Earnings vs Market: 1477's earnings (13.3% per year) are forecast to grow faster than the TW market (9.5% per year).
High Growth Earnings: 1477's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1477's revenue (11.1% per year) is forecast to grow faster than the TW market (9% per year).
High Growth Revenue: 1477's revenue (11.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1477's Return on Equity is forecast to be high in 3 years time (27.3%)
How has Makalot Industrial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1477 has high quality earnings.
Growing Profit Margin: 1477's current net profit margins (8.9%) are higher than last year (7%).
Past Earnings Growth Analysis
Earnings Trend: 1477's earnings have grown by 5.8% per year over the past 5 years.
Accelerating Growth: 1477's earnings growth over the past year (23.5%) exceeds its 5-year average (5.8% per year).
Earnings vs Industry: 1477 earnings growth over the past year (23.5%) exceeded the Luxury industry 16.5%.
Return on Equity
High ROE: 1477's Return on Equity (19.4%) is considered low.
How is Makalot Industrial's financial position?
Financial Position Analysis
Short Term Liabilities: 1477's short term assets (NT$14.0B) exceed its short term liabilities (NT$7.5B).
Long Term Liabilities: 1477's short term assets (NT$14.0B) exceed its long term liabilities (NT$558.5M).
Debt to Equity History and Analysis
Debt Level: 1477's debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: 1477's debt to equity ratio has increased from 2.4% to 10.8% over the past 5 years.
Debt Coverage: 1477's debt is well covered by operating cash flow (126.1%).
Interest Coverage: 1477's interest payments on its debt are well covered by EBIT (293.5x coverage).
What is Makalot Industrial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1477's dividend (3.34%) is higher than the bottom 25% of dividend payers in the TW market (1.84%).
High Dividend: 1477's dividend (3.34%) is low compared to the top 25% of dividend payers in the TW market (4.94%).
Stability and Growth of Payments
Stable Dividend: 1477's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1477's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (77.4%), 1477's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1477's dividends in 3 years are forecast to be covered by earnings (83% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Li-Ping Chou, also known as Frank, has been the Chairman of Makalot Industrial Co., Ltd., since June 22, 2011 and has been its Chief Executive Officer & President since February 1, 1990. Mr. Chou serve...
Experienced Management: 1477's management team is seasoned and experienced (11 years average tenure).
Experienced Board: 1477's board of directors are considered experienced (7.1 years average tenure).
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 been diluted in the past year, with total shares outstanding growing by 10%.
Makalot Industrial Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Makalot Industrial Co., Ltd.
- Ticker: 1477
- Exchange: TWSE
- Founded: 1990
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: NT$57.925b
- Shares outstanding: 241.86m
- Website: https://www.makalot.com.tw
- Makalot Industrial Co., Ltd.
- No.550, Zhongxiao East Road
- 8th Floor
Makalot Industrial Co., Ltd. engages in the design, manufacture, and sale of garments for men, women, and children in Taiwan. It offers fashion clothing; sportswear; sleepwear, including trousers and short...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/28 16:50|
|End of Day Share Price||2021/07/28 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.