Market Cap
NT$1.4b
Last Updated
2021/03/06 08:39 UTC
Data Sources
Company Financials
Executive Summary
Kanpai Co., Ltd operates restaurants under the Kanpai brand in China. More Details
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Flawless balance sheet and fair value.
Share Price & News
How has Kanpai's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1269 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 1269's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.1%
1269
-0.2%
TW Hospitality
-0.7%
TW Market
1 Year Return
11.2%
1269
20.0%
TW Hospitality
39.4%
TW Market
Return vs Industry: 1269 underperformed the TW Hospitality industry which returned 20% over the past year.
Return vs Market: 1269 underperformed the TW Market which returned 39.4% over the past year.
Shareholder returns
| 1269 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.1% | -0.2% | -0.7% |
| 30 Day | 3.5% | 13.4% | 1.1% |
| 90 Day | -1.6% | 3.0% | 11.6% |
| 1 Year | 14.2%11.2% | 23.5%20.0% | 44.3%39.4% |
| 3 Year | -52.4%-56.3% | -6.9%-15.5% | 61.9%43.7% |
| 5 Year | n/a | 6.3%-8.8% | 116.7%78.6% |
Long-Term Price Volatility Vs. Market
How volatile is Kanpai's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Does It Make Sense To Buy Kanpai Co., Ltd (GTSM:1269) For Its Yield?1 month ago | Simply Wall St
Declining Stock and Decent Financials: Is The Market Wrong About Kanpai Co., Ltd (GTSM:1269)?2 months ago | Simply Wall St
Is Kanpai (GTSM:1269) Using Too Much Debt?Valuation
Is Kanpai undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1269 (NT$74.5) is trading below our estimate of fair value (NT$235.11)
Significantly Below Fair Value: 1269 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1269 is poor value based on its PE Ratio (51.5x) compared to the TW Hospitality industry average (34.7x).
PE vs Market: 1269 is poor value based on its PE Ratio (51.5x) compared to the TW market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1269's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1269 is good value based on its PB Ratio (1.6x) compared to the TW Hospitality industry average (2.4x).
Next Steps
Future Growth
How is Kanpai forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
73.7%
Forecasted Consumer Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kanpai has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Kanpai is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Consumer Services industry.
Past Performance
How has Kanpai performed over the past 5 years?
6.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1269 has a large one-off loss of NT$19.1M impacting its June 30 2020 financial results.
Growing Profit Margin: 1269's current net profit margins (1%) are lower than last year (3%).
Past Earnings Growth Analysis
Earnings Trend: 1269's earnings have grown by 6.7% per year over the past 5 years.
Accelerating Growth: 1269's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1269 had negative earnings growth (-64.9%) over the past year, making it difficult to compare to the Hospitality industry average (-28.3%).
Return on Equity
High ROE: 1269's Return on Equity (3.2%) is considered low.
Next Steps
Financial Health
How is Kanpai's financial position?
Financial Position Analysis
Short Term Liabilities: 1269's short term assets (NT$856.5M) exceed its short term liabilities (NT$630.2M).
Long Term Liabilities: 1269's short term assets (NT$856.5M) exceed its long term liabilities (NT$608.0M).
Debt to Equity History and Analysis
Debt Level: 1269's debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: 1269's debt to equity ratio has reduced from 32.1% to 27.3% over the past 5 years.
Debt Coverage: 1269's debt is well covered by operating cash flow (213%).
Interest Coverage: 1269's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
Next Steps
Dividend
What is Kanpai current dividend yield, its reliability and sustainability?
2.68%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1269's dividend (2.68%) is higher than the bottom 25% of dividend payers in the TW market (2%).
High Dividend: 1269's dividend (2.68%) is low compared to the top 25% of dividend payers in the TW market (4.99%).
Stability and Growth of Payments
Stable Dividend: 1269 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1269 has only been paying a dividend for 4 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (138.2%), 1269's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Kanpai has no CEO, or we have no data on them.
Ownership
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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Kanpai Co., Ltd's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Kanpai Co., Ltd
- Ticker: 1269
- Exchange: GTSM
- Founded: 1999
- Industry: Restaurants
- Sector: Consumer Services
- Market Cap: NT$1.386b
- Shares outstanding: 18.61m
- Website: https://www.kanpai.com.tw
Number of Employees
Location
- Kanpai Co., Ltd
- No. 88, Zhongxiao East Road
- Section 2
- Taipei City
- 100
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1269 | GTSM (Taipei Exchange) | Yes | Common Shares | TW | TWD | Aug 2016 |
Biography
Kanpai Co., Ltd operates restaurants under the Kanpai brand in China. Its restaurants offer yakiniku and beer. The company was founded in 1999 and is based in Taipei City, Taiwan. Kanpai Co., Ltd is a subs...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/06 08:39 |
| End of Day Share Price | 2021/03/03 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.