Formosa International Hotels
Market Cap
NT$19.2b
Last Updated
2021/03/07 08:39 UTC
Data Sources
Company Financials
Executive Summary
Formosa International Hotels Corporation operates in the hotel industry in Taiwan and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Average dividend payer and fair value.
Similar Companies
Share Price & News
How has Formosa International Hotels's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2707 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 2707's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.7%
2707
-0.2%
TW Hospitality
-0.7%
TW Market
1 Year Return
0.7%
2707
19.7%
TW Hospitality
39.3%
TW Market
Return vs Industry: 2707 underperformed the TW Hospitality industry which returned 19.7% over the past year.
Return vs Market: 2707 underperformed the TW Market which returned 39.3% over the past year.
Shareholder returns
| 2707 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.7% | -0.2% | -0.7% |
| 30 Day | 13.1% | 11.6% | 1.0% |
| 90 Day | 7.9% | 3.7% | 10.8% |
| 1 Year | 3.4%0.7% | 23.3%19.7% | 44.2%39.3% |
| 3 Year | 19.3%0.3% | -5.9%-14.6% | 61.9%43.7% |
| 5 Year | -7.0%-29.1% | 6.4%-8.8% | 116.6%78.5% |
Long-Term Price Volatility Vs. Market
How volatile is Formosa International Hotels's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Are Institutions Heavily Invested In Formosa International Hotels Corporation's (TPE:2707) Shares?3 weeks ago | Simply Wall St
We Think Formosa International Hotels' (TPE:2707) Statutory Profit Might Understate Its Earnings Potential1 month ago | Simply Wall St
Returns On Capital At Formosa International Hotels (TPE:2707) Paint An Interesting PictureValuation
Is Formosa International Hotels 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: 2707 (NT$151) is trading below our estimate of fair value (NT$434.85)
Significantly Below Fair Value: 2707 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2707 is good value based on its PE Ratio (25.2x) compared to the TW Hospitality industry average (34.5x).
PE vs Market: 2707 is poor value based on its PE Ratio (25.2x) compared to the TW market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2707's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2707 is overvalued based on its PB Ratio (6.1x) compared to the TW Hospitality industry average (2.5x).
Next Steps
Future Growth
How is Formosa International Hotels 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 Formosa International Hotels 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 Formosa International Hotels 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 Formosa International Hotels performed over the past 5 years?
2.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2707 has high quality earnings.
Growing Profit Margin: 2707's current net profit margins (13.7%) are lower than last year (21.1%).
Past Earnings Growth Analysis
Earnings Trend: 2707's earnings have grown by 2.1% per year over the past 5 years.
Accelerating Growth: 2707's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2707 had negative earnings growth (-44.5%) over the past year, making it difficult to compare to the Hospitality industry average (-28.3%).
Return on Equity
High ROE: 2707's Return on Equity (23.9%) is considered high.
Next Steps
Financial Health
How is Formosa International Hotels's financial position?
Financial Position Analysis
Short Term Liabilities: 2707's short term assets (NT$2.9B) do not cover its short term liabilities (NT$3.5B).
Long Term Liabilities: 2707's short term assets (NT$2.9B) do not cover its long term liabilities (NT$3.8B).
Debt to Equity History and Analysis
Debt Level: 2707's debt to equity ratio (40.7%) is considered high.
Reducing Debt: 2707's debt to equity ratio has reduced from 57.6% to 40.7% over the past 5 years.
Debt Coverage: 2707's debt is well covered by operating cash flow (179%).
Interest Coverage: 2707's interest payments on its debt are well covered by EBIT (16.5x coverage).
Balance Sheet
Next Steps
Dividend
What is Formosa International Hotels's current dividend yield, its reliability and sustainability?
6.65%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2707's dividend (6.65%) is higher than the bottom 25% of dividend payers in the TW market (2.01%).
High Dividend: 2707's dividend (6.65%) is in the top 25% of dividend payers in the TW market (4.99%)
Stability and Growth of Payments
Stable Dividend: 2707's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2707's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.5%), 2707's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
18.8yrs
Average management tenure
CEO
Steven Pan
29.25yrs
Tenure
Mr. Siliang Pan, also known as Steven serves as the Chairman of the Board of Formosa International Hotels Corporation. Mr. Pan studied at University of California, Berkeley - Columbia University Research I...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman and President | 29.25yrs | no data | 0.25% NT$ 48.0m | |
| Chief Financial Officer and Director | no data | no data | no data | |
| General Manager and Director | no data | no data | 0.00053% NT$ 102.0k |
18.8yrs
Average Tenure
Experienced Management: 2707's management team is seasoned and experienced (18.8 years average tenure).
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
Formosa International Hotels Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Formosa International Hotels Corporation
- Ticker: 2707
- Exchange: TSEC
- Founded: 1991
- Industry: Hotels, Resorts and Cruise Lines
- Sector: Consumer Services
- Market Cap: NT$19.238b
- Shares outstanding: 127.40m
- Website: https://www.fihregent.com
Location
- Formosa International Hotels Corporation
- No.3 Zhongshan North Road
- Section 2
- Taipei City
- 104
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2707 | TSEC (Taiwan Stock Exchange) | Yes | Ordinary Shares | TW | TWD | Mar 1998 |
Biography
Formosa International Hotels Corporation operates in the hotel industry in Taiwan and internationally. It owns and manages Regent Hotels & Resorts, an international luxury hotel brand; Silks Place, a lifes...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/07 08:39 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/09/30 |
| 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.