TSEC:2707

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Formosa International Hotels

Executive Summary

Formosa International Hotels Corporation operates in the hotel industry in Taiwan and internationally. More Details


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

2707IndustryMarket
7 Day0.7%-0.2%-0.7%
30 Day13.1%11.6%1.0%
90 Day7.9%3.7%10.8%
1 Year3.4%0.7%23.3%19.7%44.2%39.3%
3 Year19.3%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

Valuation

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

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

NamePositionTenureCompensationOwnership
Siliang Pan
Chairman and President29.25yrsno data0.25%
NT$ 48.0m
Mingyue Lin
Chief Financial Officer and Directorno datano datano data
Yaping Xue
General Manager and Directorno datano data0.00053%
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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2707TSEC (Taiwan Stock Exchange)YesOrdinary SharesTWTWDMar 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/07 08:39
End of Day Share Price2021/03/05 00:00
Earnings2020/09/30
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.