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8480

Taisun Int'l (Holding) TWSE:8480 Stock Report

Last Price

NT$84.10

Market Cap

NT$3.3b

7D

0.2%

1Y

-20.3%

Updated

29 Sep, 2022

Data

Company Financials
8480 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends3/6

8480 Stock Overview

Taisun Int'l (Holding) Corporation, together with its subsidiaries, manufactures and sells disposable baby diapers, adult incontinent, feminine sanitary napkins, and wet tissues products.

Taisun Int'l (Holding) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Taisun Int'l (Holding)
Historical stock prices
Current Share PriceNT$84.10
52 Week HighNT$108.00
52 Week LowNT$63.00
Beta0.34
1 Month Change0%
3 Month Change21.88%
1 Year Change-20.28%
3 Year Change-34.04%
5 Year Change-26.29%
Change since IPO-31.47%

Recent News & Updates

Shareholder Returns

8480TW Personal ProductsTW Market
7D0.2%-8.2%-7.0%
1Y-20.3%-8.5%-19.7%

Return vs Industry: 8480 underperformed the TW Personal Products industry which returned -8.5% over the past year.

Return vs Market: 8480 matched the TW Market which returned -19.7% over the past year.

Price Volatility

Is 8480's price volatile compared to industry and market?
8480 volatility
8480 Average Weekly Movement5.4%
Personal Products Industry Average Movement5.8%
Market Average Movement5.1%
10% most volatile stocks in TW Market8.3%
10% least volatile stocks in TW Market2.5%

Stable Share Price: 8480 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 8480's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001n/aChao-Rong Taihttps://www.taisunholding.com

Taisun Int'l (Holding) Corporation, together with its subsidiaries, manufactures and sells disposable baby diapers, adult incontinent, feminine sanitary napkins, and wet tissues products. Its brands include UniDry, Sunmed, SunMate, Yo Yo, Sunfree, and Unifresh. The company exports its products to approximately 20 countries worldwide.

Taisun Int'l (Holding) Fundamentals Summary

How do Taisun Int'l (Holding)'s earnings and revenue compare to its market cap?
8480 fundamental statistics
Market CapNT$3.30b
Earnings (TTM)NT$192.66m
Revenue (TTM)NT$1.56b

17.1x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
8480 income statement (TTM)
RevenueNT$1.56b
Cost of RevenueNT$1.10b
Gross ProfitNT$463.25m
Other ExpensesNT$270.59m
EarningsNT$192.66m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)4.91
Gross Margin29.64%
Net Profit Margin12.33%
Debt/Equity Ratio74.6%

How did 8480 perform over the long term?

See historical performance and comparison

Dividends

3.8%

Current Dividend Yield

65%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 8480 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8480?

Other financial metrics that can be useful for relative valuation.

8480 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.8x
Enterprise Value/EBITDA12.8x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 8480's PE Ratio compare to its peers?

8480 PE Ratio vs Peers
The above table shows the PE ratio for 8480 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average25.4x
6666 Luo Lih-Fen Holding
32.1xn/aNT$3.0b
1783 Maxigen Biotech
31.8xn/aNT$3.1b
4190 Jourdeness Group
25.6xn/aNT$4.4b
6523 Dr. Wu Skincare
12.1x3.7%NT$4.3b
8480 Taisun Int'l (Holding)
17.1xn/aNT$3.3b

Price-To-Earnings vs Peers: 8480 is good value based on its Price-To-Earnings Ratio (17.1x) compared to the peer average (25.4x).


Price to Earnings Ratio vs Industry

How does 8480's PE Ratio compare vs other companies in the Asian Personal Products Industry?

Price-To-Earnings vs Industry: 8480 is good value based on its Price-To-Earnings Ratio (17.1x) compared to the Asian Personal Products industry average (25.5x)


Price to Earnings Ratio vs Fair Ratio

What is 8480's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

8480 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.1x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 8480's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 8480 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8480 (NT$84.1) is trading above our estimate of fair value (NT$45.81)

Significantly Below Fair Value: 8480 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Taisun Int'l (Holding) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.9%

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 Taisun Int'l (Holding) 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.


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Past Performance

How has Taisun Int'l (Holding) performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


2.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 8480 has high quality earnings.

Growing Profit Margin: 8480's current net profit margins (12.3%) are lower than last year (18.8%).


Past Earnings Growth Analysis

Earnings Trend: 8480's earnings have grown by 2.1% per year over the past 5 years.

Accelerating Growth: 8480's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 8480 had negative earnings growth (-44.1%) over the past year, making it difficult to compare to the Personal Products industry average (-11.6%).


Return on Equity

High ROE: 8480's Return on Equity (10.5%) is considered low.


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Financial Health

How is Taisun Int'l (Holding)'s financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 8480's short term assets (NT$2.8B) exceed its short term liabilities (NT$1.7B).

Long Term Liabilities: 8480's short term assets (NT$2.8B) exceed its long term liabilities (NT$14.5M).


Debt to Equity History and Analysis

Debt Level: 8480 has more cash than its total debt.

Reducing Debt: 8480's debt to equity ratio has increased from 0.07% to 74.6% over the past 5 years.

Debt Coverage: 8480's debt is not well covered by operating cash flow (18.4%).

Interest Coverage: 8480 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Taisun Int'l (Holding) current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.80%

Current Dividend Yield

Dividend Yield vs Market

Taisun Int'l (Holding) Dividend Yield vs Market
How does Taisun Int'l (Holding) dividend yield compare to the market?
SegmentDividend Yield
Company (Taisun Int'l (Holding))3.8%
Market Bottom 25% (TW)2.6%
Market Top 25% (TW)7.1%
Industry Average (Personal Products)3.9%
Analyst forecast in 3 Years (Taisun Int'l (Holding))n/a

Notable Dividend: 8480's dividend (3.8%) is higher than the bottom 25% of dividend payers in the TW market (2.63%).

High Dividend: 8480's dividend (3.8%) is low compared to the top 25% of dividend payers in the TW market (7.14%).


Stability and Growth of Payments

Stable Dividend: 8480 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 8480 has only been paying a dividend for 6 years, and since then payments have fallen.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (65.2%), 8480's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (71.1%), 8480's dividend payments are covered by cash flows.


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Management

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

6.7yrs

Average board tenure


CEO

Chao-Rong Tai

6.67yrs

Tenure

Mr. Chao-Rong Tai serves as Chairman of the Board and Manager of Taisun Int'l (Holding) Corporation and has been its Director since January 08, 2016. He is President of TAISUN INT’L (HOLDING) CORP. He is C...


Board Members

Experienced Board: 8480's board of directors are considered experienced (6.7 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

What is the ownership structure of 8480?
Owner TypeNumber of SharesOwnership Percentage
Institutions1,750,0744.5%
General Public12,073,62630.7%
Individual Insiders25,446,30064.8%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 4 shareholders own 69.25% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
43.05%
Chao-Rong Tai
16,907,000NT$1.4b0%no data
21.75%
Yu-Hsueh Chen
8,539,300NT$718.2m0%no data
3%
Kayne Anderson Rudnick Investment Management, LLC
1,178,074NT$99.1m-4.85%0.01%
1.46%
Wellington Management Group LLP
572,000NT$48.1m0%no data

Company Information

Taisun Int'l (Holding) Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Taisun Int'l (Holding) Corporation
  • Ticker: 8480
  • Exchange: TWSE
  • Founded: 2001
  • Industry: Personal Products
  • Sector: Household
  • Implied Market Cap: NT$3.303b
  • Shares outstanding: 39.27m
  • Website: https://www.taisunholding.com

Number of Employees


Location

  • Taisun Int'l (Holding) Corporation
  • Lot A1-6
  • N5 Street
  • Ho Chi Minh City
  • Vietnam


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8480TWSE (Taiwan Stock Exchange)YesShare CapitalTWTWDJul 2016

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/29 00:00
End of Day Share Price2022/09/29 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.