TSEC:9943

Stock Analysis Report

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Holiday EntertainmentLtd

Executive Summary

Holiday Entertainment Co., Ltd. provides karaokes and audiovisual equipment in Taiwan. More Details


Snowflake Analysis

Flawless balance sheet, undervalued and pays a dividend.

Share Price & News

How has Holiday EntertainmentLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 9943 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: 9943's weekly volatility (1%) has been stable over the past year.


Market Performance


7 Day Return

-0.6%

9943

-0.2%

TW Hospitality

-0.7%

TW Market


1 Year Return

-1.5%

9943

19.7%

TW Hospitality

39.3%

TW Market

Return vs Industry: 9943 underperformed the TW Hospitality industry which returned 19.7% over the past year.

Return vs Market: 9943 underperformed the TW Market which returned 39.3% over the past year.


Shareholder returns

9943IndustryMarket
7 Day-0.6%-0.2%-0.7%
30 Day4.1%11.6%1.0%
90 Day1.6%3.7%10.8%
1 Year5.6%-1.5%23.3%19.7%44.2%39.3%
3 Year50.1%20.3%-5.9%-14.6%61.9%43.7%
5 Year65.2%13.9%6.4%-8.8%116.6%78.5%

Long-Term Price Volatility Vs. Market

How volatile is Holiday EntertainmentLtd's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Holiday EntertainmentLtd undervalued compared to its fair value and its price relative to the market?

29.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 9943 (NT$64.1) is trading below our estimate of fair value (NT$90.41)

Significantly Below Fair Value: 9943 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 9943 is good value based on its PE Ratio (15.2x) compared to the TW Hospitality industry average (34.5x).

PE vs Market: 9943 is good value based on its PE Ratio (15.2x) compared to the TW market (19.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 9943's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 9943 is good value based on its PB Ratio (2.3x) compared to the TW Hospitality industry average (2.5x).


Next Steps

Future Growth

How is Holiday EntertainmentLtd 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 Holiday EntertainmentLtd 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 Holiday EntertainmentLtd performed over the past 5 years?

-2.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 9943 has high quality earnings.

Growing Profit Margin: 9943's current net profit margins (22.6%) are lower than last year (28.7%).


Past Earnings Growth Analysis

Earnings Trend: 9943's earnings have declined by 2.5% per year over the past 5 years.

Accelerating Growth: 9943's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 9943 had negative earnings growth (-27.9%) over the past year, making it difficult to compare to the Hospitality industry average (-28.3%).


Return on Equity

High ROE: 9943's Return on Equity (15.9%) is considered low.


Next Steps

Financial Health

How is Holiday EntertainmentLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 9943's short term assets (NT$1.6B) exceed its short term liabilities (NT$885.9M).

Long Term Liabilities: 9943's short term assets (NT$1.6B) exceed its long term liabilities (NT$1.0B).


Debt to Equity History and Analysis

Debt Level: 9943 is debt free.

Reducing Debt: 9943 has no debt compared to 5 years ago when its debt to equity ratio was 3.4%.

Debt Coverage: 9943 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 9943 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Holiday EntertainmentLtd current dividend yield, its reliability and sustainability?

7.64%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 9943's dividend (7.64%) is higher than the bottom 25% of dividend payers in the TW market (2.01%).

High Dividend: 9943's dividend (7.64%) is in the top 25% of dividend payers in the TW market (4.99%)


Stability and Growth of Payments

Stable Dividend: 9943's dividends per share have been stable in the past 10 years.

Growing Dividend: 9943's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (115.9%), 9943'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?

7.8yrs

Average board tenure


CEO

Holiday EntertainmentLtd has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Qiongzhang Yan
Chairman7.75yrsNT$523.00k0.82%
NT$ 74.9m
Xinhua Gao
Director7.75yrsno data0.0035%
NT$ 320.2k
Hongmin Lin
Director7.75yrsno datano data
Zhaoxiong Sun
Director7.75yrsno data0.22%
NT$ 20.4m
Jialin Lin
Director7.75yrsno data0.55%
NT$ 50.3m
Meichun Chen
Supervisor7.75yrsNT$1.16mno data
Bingyun Huang
Supervisor7.75yrsNT$611.00kno data
Zifang Dai
Supervisor7.75yrsNT$616.00k0.27%
NT$ 25.1m

7.8yrs

Average Tenure

Experienced Board: 9943's board of directors are considered experienced (7.8 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

Holiday Entertainment Co.,Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Holiday Entertainment Co.,Ltd
  • Ticker: 9943
  • Exchange: TSEC
  • Founded: 1993
  • Industry: Leisure Facilities
  • Sector: Consumer Services
  • Market Cap: NT$9.123b
  • Shares outstanding: 142.32m
  • Website: https://www.holiday.com.tw

Location

  • Holiday Entertainment Co.,Ltd
  • No. 293, East Zhongxiao Road
  • 4th Floor
  • Taipei City
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
9943TSEC (Taiwan Stock Exchange)YesCommon StockTWTWDNov 2000

Biography

Holiday Entertainment Co., Ltd. provides karaokes and audiovisual equipment in Taiwan. The company operates through Audiovisual Equipment and Copyright Works businesses. It also engages in the management a...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/07 08:41
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.