TPEX:4136

Stock Analysis Report

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Market Cap

NT$523.5m

Last Updated

2021/06/18 08:51 UTC

Data Sources

Company Financials

Executive Summary

Thai Ho Group Inc. researches, design and manufacture of cosmetics and makeup products in Europe, the United States, and Mainland China. More Details


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Thai Ho Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 4136 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 4136's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

5.1%

4136

-0.2%

TW Personal Products

1.3%

TW Market


1 Year Return

-49.7%

4136

-8.3%

TW Personal Products

48.5%

TW Market

Return vs Industry: 4136 underperformed the TW Personal Products industry which returned 0% over the past year.

Return vs Market: 4136 underperformed the TW Market which returned 50.7% over the past year.


Shareholder returns

4136IndustryMarket
7 Day5.1%-0.2%1.3%
30 Day1.1%3.7%8.1%
90 Day-18.9%-5.0%8.0%
1 Year-49.7%-49.7%-5.1%-8.3%53.3%48.5%
3 Year-73.5%-74.3%-5.8%-13.4%75.9%55.7%
5 Year-58.6%-59.8%31.7%14.3%140.8%97.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Thai Ho Group undervalued compared to its fair value and its price relative to the market?

1.24x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 4136's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 4136's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 4136 is unprofitable, so we can't compare its PE Ratio to the TW Personal Products industry average.

PE vs Market: 4136 is unprofitable, so we can't compare its PE Ratio to the TW market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 4136's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 4136 is good value based on its PB Ratio (1.2x) compared to the TW Personal Products industry average (2.2x).


Future Growth

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

18.8%

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 Thai Ho Group 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 Thai Ho Group performed over the past 5 years?

-46.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 4136 is currently unprofitable.

Growing Profit Margin: 4136 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 4136 is unprofitable, and losses have increased over the past 5 years at a rate of 46.3% per year.

Accelerating Growth: Unable to compare 4136's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 4136 is unprofitable, making it difficult to compare its past year earnings growth to the Personal Products industry (4.7%).


Return on Equity

High ROE: 4136 has a negative Return on Equity (-15.75%), as it is currently unprofitable.


Financial Health

How is Thai Ho Group's financial position?


Financial Position Analysis

Short Term Liabilities: 4136's short term assets (NT$609.6M) exceed its short term liabilities (NT$604.6M).

Long Term Liabilities: 4136's short term assets (NT$609.6M) exceed its long term liabilities (NT$82.5M).


Debt to Equity History and Analysis

Debt Level: 4136's debt to equity ratio (72.5%) is considered high.

Reducing Debt: 4136's debt to equity ratio has increased from 67% to 72.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 4136 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 4136 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 6.6% each year


Dividend

What is Thai Ho Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 4136's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 4136'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 4136's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 4136's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 4136 is not paying a notable dividend for the TW market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 4136'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?

9.7yrs

Average management tenure


CEO

Jing Kai Guo

19.08yrs

Tenure

Jing Kai Guo has been the President of Thai Ho Group Inc. since May 01, 2002 and serves as its Chairman of The Board of Directors. Jing Kai Guo serves as the Chairman of the Board of Directors for Global G...


Leadership Team

Experienced Management: 4136's management team is seasoned and experienced (9.7 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

Thai Ho Group Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Thai Ho Group Inc.
  • Ticker: 4136
  • Exchange: TPEX
  • Founded: 1980
  • Industry: Personal Products
  • Sector: Household
  • Market Cap: NT$523.493m
  • Shares outstanding: 28.30m
  • Website: https://www.thaiho.com

Location

  • Thai Ho Group Inc.
  • No. 165 Min Qiang Road
  • Songjiang District
  • Shanghai
  • 201612
  • China

Listings


Biography

Thai Ho Group Inc. researches, design and manufacture of cosmetics and makeup products in Europe, the United States, and Mainland China. The company offers face products, such as foundation, highlighter, s...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/18 08:51
End of Day Share Price2021/06/16 00:00
Earnings2020/12/31
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.