4126

Pacific Hospital SupplyTPEX:4126 Stock Report

Market Cap

NT$5.4b

7D

2.1%

1Y

4.8%

Updated

22 Sep, 2021

Data

Company Financials +
4126 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends3/6

4126 Overview

Pacific Hospital Supply Co., Ltd., together with its subsidiaries, manufactures, processes, and sells medical disposable products and equipment in Taiwan.

Share Price & News

How has Pacific Hospital Supply's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 4126 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: 4126's weekly volatility (1%) has been stable over the past year.


Market Performance


7 Day Return

2.1%

4126

-0.6%

TW Medical Equipment

-0.8%

TW Market


1 Year Return

4.8%

4126

6.5%

TW Medical Equipment

36.1%

TW Market

Return vs Industry: 4126 underperformed the TW Medical Equipment industry which returned 6.5% over the past year.

Return vs Market: 4126 underperformed the TW Market which returned 36.1% over the past year.


Shareholder returns

4126IndustryMarket
7 Day2.1%-0.6%-0.8%
30 Day6.3%2.7%5.6%
90 Day4.5%-10.3%-0.2%
1 Year4.8%4.8%9.5%6.5%40.1%36.1%
3 Year25.4%15.1%20.4%10.2%75.1%57.1%
5 Year-3.1%-17.1%8.2%-6.8%122.8%85.5%

Long-Term Price Volatility Vs. Market

How volatile is Pacific Hospital Supply's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Pacific Hospital Supply Fundamentals Summary

How do Pacific Hospital Supply's earnings and revenue compare to its market cap?
4126 fundamental statistics
Market CapNT$5.41b
Earnings (TTM)NT$303.29m
Revenue (TTM)NT$2.16b

17.8x

P/E Ratio

2.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
4126 income statement (TTM)
RevenueNT$2.16b
Cost of RevenueNT$1.52b
Gross ProfitNT$645.30m
ExpensesNT$342.01m
EarningsNT$303.29m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)4.18
Gross Margin29.85%
Net Profit Margin14.03%
Debt/Equity Ratio8.7%

How did 4126 perform over the long term?

See historical performance and comparison

Dividends

5.6%

Current Dividend Yield

101%

Payout Ratio

Does 4126 pay a reliable dividends?

See 4126 dividend history and benchmarks
When do you need to buy 4126 by to receive an upcoming dividend?
Pacific Hospital Supply dividend dates
Ex Dividend DateOct 06 2021
Dividend Pay DateOct 29 2021
Days until Ex dividend13 days
Days until Dividend pay date36 days

Does 4126 pay a reliable dividends?

See 4126 dividend history and benchmarks

Valuation

Is Pacific Hospital Supply undervalued compared to its fair value and its price relative to the market?

47.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 4126 (NT$74.5) is trading below our estimate of fair value (NT$140.92)

Significantly Below Fair Value: 4126 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 4126 is good value based on its PE Ratio (17.8x) compared to the TW Medical Equipment industry average (22.8x).

PE vs Market: 4126 is poor value based on its PE Ratio (17.8x) compared to the TW market (16.5x).


Price to Earnings Growth Ratio

PEG Ratio: 4126 is poor value based on its PEG Ratio (3.3x)


Price to Book Ratio

PB vs Industry: 4126 is good value based on its PB Ratio (2x) compared to the TW Medical Equipment industry average (2.1x).


Future Growth

How is Pacific Hospital Supply forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

5.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 4126's forecast earnings growth (5.4% per year) is above the savings rate (0.8%).

Earnings vs Market: 4126's earnings (5.4% per year) are forecast to grow slower than the TW market (8.6% per year).

High Growth Earnings: 4126's earnings are forecast to grow, but not significantly.

Revenue vs Market: 4126's revenue (2.7% per year) is forecast to grow slower than the TW market (9.5% per year).

High Growth Revenue: 4126's revenue (2.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 4126's Return on Equity is forecast to be low in 3 years time (12.8%).


Past Performance

How has Pacific Hospital Supply performed over the past 5 years?

5.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 4126 has high quality earnings.

Growing Profit Margin: 4126's current net profit margins (14%) are lower than last year (22.8%).


Past Earnings Growth Analysis

Earnings Trend: 4126's earnings have grown by 5.5% per year over the past 5 years.

Accelerating Growth: 4126's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 4126 had negative earnings growth (-36%) over the past year, making it difficult to compare to the Medical Equipment industry average (9.5%).


Return on Equity

High ROE: 4126's Return on Equity (11%) is considered low.


Financial Health

How is Pacific Hospital Supply's financial position?


Financial Position Analysis

Short Term Liabilities: 4126's short term assets (NT$1.4B) exceed its short term liabilities (NT$483.8M).

Long Term Liabilities: 4126's short term assets (NT$1.4B) exceed its long term liabilities (NT$639.6M).


Debt to Equity History and Analysis

Debt Level: 4126's debt to equity ratio (8.7%) is considered satisfactory.

Reducing Debt: 4126's debt to equity ratio has reduced from 17.6% to 8.7% over the past 5 years.

Debt Coverage: 4126's debt is well covered by operating cash flow (204.7%).

Interest Coverage: 4126's interest payments on its debt are well covered by EBIT (44x coverage).


Balance Sheet


Dividend

What is Pacific Hospital Supply current dividend yield, its reliability and sustainability?

5.64%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 22 2021Ex Dividend DateOct 06 2021Dividend Pay DateOct 29 202123 days from Ex DividendBuy in the next 13 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 4126's dividend (5.64%) is higher than the bottom 25% of dividend payers in the TW market (1.93%).

High Dividend: 4126's dividend (5.64%) is in the top 25% of dividend payers in the TW market (5.25%)


Stability and Growth of Payments

Stable Dividend: 4126's dividend payments have been volatile in the past 10 years.

Growing Dividend: 4126's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (100.5%), 4126's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 4126's dividends in 3 years are not forecast to be well covered by earnings (92.7% payout ratio).


Next Steps

Management

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

1.4yrs

Average management tenure


CEO

An-Ting Chung

1.5yrs

Tenure

NT$17,504,750

Compensation

Ms. An-Ting Chung has been Chairperson and General Manager at Pacific Hospital Supply Co., Ltd since April 9, 2020 and has been its Director since July 01, 2007. Ms. Chung served as Acting Chairperson and...


CEO Compensation Analysis

Compensation vs Market: An-Ting's total compensation ($USD630.08K) is above average for companies of similar size in the TW market ($USD173.47K).

Compensation vs Earnings: An-Ting's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: 4126's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: 4126's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.


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

Pacific Hospital Supply Co., Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Pacific Hospital Supply Co., Ltd
  • Ticker: 4126
  • Exchange: TPEX
  • Founded: 1977
  • Industry: Health Care Supplies
  • Sector: Healthcare
  • Market Cap: NT$5.409b
  • Shares outstanding: 72.60m
  • Website: https://www.pahsco.com.tw

Location

  • Pacific Hospital Supply Co., Ltd
  • Tongluo Township
  • No. 8, Tongke 2nd Road
  • Miaoli
  • Taiwan

Listings


Biography

Pacific Hospital Supply Co., Ltd., together with its subsidiaries, manufactures, processes, and sells medical disposable products and equipment in Taiwan. The company’s disposable medical devices include t...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/22 15:17
End of Day Share Price2021/09/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.