TPEX:4128

Stock Analysis Report

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Market Cap

NT$23.6b

Last Updated

2021/07/29 17:05 UTC

Data Sources

Company Financials

Executive Summary

Microbio Co., Ltd. develops and sells various therapeutics in Taiwan. More Details


Snowflake Analysis

Excellent balance sheet with questionable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 4128 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 4128's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

1.1%

4128

2.4%

TW Personal Products

-0.9%

TW Market


1 Year Return

-21.7%

4128

-3.1%

TW Personal Products

37.3%

TW Market

Return vs Industry: 4128 underperformed the TW Personal Products industry which returned -1.2% over the past year.

Return vs Market: 4128 underperformed the TW Market which returned 34.7% over the past year.


Shareholder returns

4128IndustryMarket
7 Day1.1%2.4%-0.9%
30 Day-6.5%5.8%-1.4%
90 Day-11.5%3.2%-0.6%
1 Year-21.7%-21.7%-0.7%-3.1%40.6%37.3%
3 Year187.5%187.5%-10.4%-16.8%73.2%56.5%
5 Year127.7%127.7%30.3%14.6%126.3%89.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

17.48x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 4128's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 4128's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 4128 is poor value based on its PE Ratio (17.5x) compared to the TW Personal Products industry average (15.1x).

PE vs Market: 4128 is good value based on its PE Ratio (17.5x) compared to the TW market (18.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 4128's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 4128 is overvalued based on its PB Ratio (2.1x) compared to the TW Personal Products industry average (1.9x).


Future Growth

How is Microbio forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.1%

Forecasted Household 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 Microbio 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.


Past Performance

How has Microbio performed over the past 5 years?

31.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 4128 has a large one-off gain of NT$223.9M impacting its March 31 2021 financial results.

Growing Profit Margin: 4128 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 4128 has become profitable over the past 5 years, growing earnings by 31.9% per year.

Accelerating Growth: 4128 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 4128 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Personal Products industry (4.7%).


Return on Equity

High ROE: 4128's Return on Equity (8.5%) is considered low.


Financial Health

How is Microbio's financial position?


Financial Position Analysis

Short Term Liabilities: 4128's short term assets (NT$4.3B) exceed its short term liabilities (NT$406.9M).

Long Term Liabilities: 4128's short term assets (NT$4.3B) exceed its long term liabilities (NT$627.2M).


Debt to Equity History and Analysis

Debt Level: 4128's debt to equity ratio (0.01%) is considered satisfactory.

Reducing Debt: 4128's debt to equity ratio has reduced from 5.7% to 0.01% over the past 5 years.

Debt Coverage: 4128's debt is well covered by operating cash flow (10370.6%).

Interest Coverage: Insufficient data to determine if 4128's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 4128's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 4128's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 4128's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 4128's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 4128 is not paying a notable dividend for the TW market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 4128's dividend in 3 years as they are not forecast to pay a notable one for the TW market.


Next Steps

Management

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

9.1yrs

Average board tenure


CEO

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


Board Members

Experienced Board: 4128's board of directors are considered experienced (9.1 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 been diluted in the past year, with total shares outstanding growing by 3.9%.


Top Shareholders

Company Information

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


Key Information

  • Name: Microbio Co., Ltd.
  • Ticker: 4128
  • Exchange: TPEX
  • Founded: 2000
  • Industry: Personal Products
  • Sector: Household
  • Market Cap: NT$23.567b
  • Shares outstanding: 409.87m
  • Website: https://www.microbio.com.tw

Location

  • Microbio Co., Ltd.
  • No.3,Yuan Qu Street
  • 14F-1
  • Taipei
  • 115
  • Taiwan

Listings


Biography

Microbio Co., Ltd. develops and sells various therapeutics in Taiwan. It offers nutritional supplements, skin care products, and organic agricultural products. The company also provides MS-20 for ameliorat...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/29 17:05
End of Day Share Price2021/07/29 00:00
Earnings2021/03/31
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.