President Chain Store Corporation invests in and manages convenience stores, restaurants, drugstores, department stores, supermarkets, and online shopping stores in Taiwan and internationally. More Details
Acceptable track record with mediocre balance sheet.
Share Price & News
How has President Chain Store's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2912 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 2912's weekly volatility (2%) has been stable over the past year.
7 Day Return
TW Consumer Retailing
1 Year Return
TW Consumer Retailing
Return vs Industry: 2912 underperformed the TW Consumer Retailing industry which returned 0.8% over the past year.
Return vs Market: 2912 underperformed the TW Market which returned 62.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is President Chain Store's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StPresident Chain Store (TPE:2912) Is Reinvesting At Lower Rates Of Return
3 weeks ago | Simply Wall StHere's Why President Chain Store (TPE:2912) Can Manage Its Debt Responsibly
1 month ago | Simply Wall StAre Institutions Heavily Invested In President Chain Store Corporation's (TPE:2912) Shares?
Is President Chain Store 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: 2912 (NT$274) is trading below our estimate of fair value (NT$282.61)
Significantly Below Fair Value: 2912 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 2912's PE Ratio (27.8x) is in line with the TW Consumer Retailing industry average.
PE vs Market: 2912 is poor value based on its PE Ratio (27.8x) compared to the TW market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: 2912 is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: 2912 is overvalued based on its PB Ratio (7.9x) compared to the TW Consumer Retailing industry average (4x).
How is President Chain Store forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2912's forecast earnings growth (8.7% per year) is above the savings rate (0.8%).
Earnings vs Market: 2912's earnings (8.7% per year) are forecast to grow slower than the TW market (16.2% per year).
High Growth Earnings: 2912's earnings are forecast to grow, but not significantly.
Revenue vs Market: 2912's revenue (4.7% per year) is forecast to grow slower than the TW market (10.4% per year).
High Growth Revenue: 2912's revenue (4.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2912's Return on Equity is forecast to be high in 3 years time (33.9%)
How has President Chain Store performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2912 has high quality earnings.
Growing Profit Margin: 2912's current net profit margins (4%) are lower than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: 2912's earnings have grown by 0.5% per year over the past 5 years.
Accelerating Growth: 2912's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2912 had negative earnings growth (-2.9%) over the past year, making it difficult to compare to the Consumer Retailing industry average (6.7%).
Return on Equity
High ROE: 2912's Return on Equity (25.2%) is considered high.
How is President Chain Store's financial position?
Financial Position Analysis
Short Term Liabilities: 2912's short term assets (NT$78.1B) do not cover its short term liabilities (NT$82.7B).
Long Term Liabilities: 2912's short term assets (NT$78.1B) do not cover its long term liabilities (NT$81.8B).
Debt to Equity History and Analysis
Debt Level: 2912's debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: 2912's debt to equity ratio has increased from 11.6% to 21% over the past 5 years.
Debt Coverage: 2912's debt is well covered by operating cash flow (320.7%).
Interest Coverage: 2912's interest payments on its debt are well covered by EBIT (16.1x coverage).
What is President Chain Store current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2912's dividend (3.28%) is higher than the bottom 25% of dividend payers in the TW market (1.94%).
High Dividend: 2912's dividend (3.28%) is low compared to the top 25% of dividend payers in the TW market (4.78%).
Stability and Growth of Payments
Stable Dividend: 2912's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2912's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (91.4%), 2912's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 2912's dividends in 3 years are forecast to be covered by earnings (89.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jui-Tien Huang (56 yo)
Mr. Jui-Tien Huang has been the President at President Chain Store Corp. since July 2018. Mr. Huang served as General Manager of President Chain Store Corporation since June 20, 2018 until July 2018. Mr. H...
Experienced Management: 2912's management team is seasoned and experienced (6.5 years average tenure).
Experienced Board: 2912's board of directors are considered experienced (8.1 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 not been meaningfully diluted in the past year.
President Chain Store Corporation's company bio, employee growth, exchange listings and data sources
- Name: President Chain Store Corporation
- Ticker: 2912
- Exchange: TSEC
- Founded: 1978
- Industry: Food Retail
- Sector: Consumer Retailing
- Market Cap: NT$284.856b
- Shares outstanding: 1.04b
- Website: https://www.7-11.com.tw
Number of Employees
- President Chain Store Corporation
- #65 Tung-Hsin Road
- 2nd Floor
President Chain Store Corporation invests in and manages convenience stores, restaurants, drugstores, department stores, supermarkets, and online shopping stores in Taiwan and internationally. It operates ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/17 08:39|
|End of Day Share Price||2021/04/16 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.