Stock Analysis Report

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Executive Summary

Kanpai Co., Ltd operates restaurants under the Kanpai brand in China. More Details

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




TW Hospitality


TW Market

1 Year Return




TW Hospitality


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

7 Day0.1%-0.2%-0.7%
30 Day3.5%13.4%1.1%
90 Day-1.6%3.0%11.6%
1 Year14.2%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 Yearn/a6.3%-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


Is Kanpai 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: 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?


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

Past Performance

How has Kanpai performed over the past 5 years?


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


What is Kanpai current dividend yield, its reliability and sustainability?


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


How experienced are the management team and are they aligned to shareholders interests?


Kanpai has no CEO, or we have no data on them.


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:

Number of Employees


  • Kanpai Co., Ltd
  • No. 88, Zhongxiao East Road
  • Section 2
  • Taipei City
  • 100
  • Taiwan


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1269GTSM (Taipei Exchange)YesCommon SharesTWTWDAug 2016


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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/06 08:39
End of Day Share Price2021/03/03 00:00
Annual Earnings2019/12/31

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.