Froch Enterprise Co., Ltd. manufactures, sells, and exports stainless steel welded tubes and pipes in Taiwan and internationally. More Details
Mediocre balance sheet with questionable track record.
Share Price & News
How has Froch Enterprise's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2030 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 2030's weekly volatility (7%) has been stable over the past year.
7 Day Return
TW Metals and Mining
1 Year Return
TW Metals and Mining
Return vs Industry: 2030 underperformed the TW Metals and Mining industry which returned 108.1% over the past year.
Return vs Market: 2030 exceeded the TW Market which returned 68.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Froch Enterprise's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StBased On Its ROE, Is Froch Enterprise Co., Ltd. (TPE:2030) A High Quality Stock?
4 weeks ago | Simply Wall StDid Froch Enterprise's (TPE:2030) Share Price Deserve to Gain 42%?
1 month ago | Simply Wall StShould Froch Enterprise Co., Ltd. (TPE:2030) Be Part Of Your Income Portfolio?
Is Froch Enterprise undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 2030 (NT$18.2) is trading above our estimate of fair value (NT$6.49)
Significantly Below Fair Value: 2030 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 2030 is poor value based on its PE Ratio (47.5x) compared to the TW Metals and Mining industry average (33.6x).
PE vs Market: 2030 is poor value based on its PE Ratio (47.5x) compared to the TW market (21x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2030's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2030 is good value based on its PB Ratio (1.3x) compared to the TW Metals and Mining industry average (1.8x).
How is Froch Enterprise forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Materials industry annual growth in earnings
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if 2030's forecast earnings growth is above the savings rate (0.8%).
Earnings vs Market: Insufficient data to determine if 2030's earnings are forecast to grow faster than the TW market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if 2030's revenue is forecast to grow faster than the TW market.
High Growth Revenue: Insufficient data to determine if 2030's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 2030's Return on Equity is forecast to be high in 3 years time
How has Froch Enterprise performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2030 has high quality earnings.
Growing Profit Margin: 2030's current net profit margins (1%) are lower than last year (2.2%).
Past Earnings Growth Analysis
Earnings Trend: 2030 has become profitable over the past 5 years, growing earnings by 14.9% per year.
Accelerating Growth: 2030's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2030 had negative earnings growth (-59.5%) over the past year, making it difficult to compare to the Metals and Mining industry average (45.8%).
Return on Equity
High ROE: 2030's Return on Equity (2.8%) is considered low.
How is Froch Enterprise's financial position?
Financial Position Analysis
Short Term Liabilities: 2030's short term assets (NT$7.1B) exceed its short term liabilities (NT$4.6B).
Long Term Liabilities: 2030's short term assets (NT$7.1B) exceed its long term liabilities (NT$3.1B).
Debt to Equity History and Analysis
Debt Level: 2030's debt to equity ratio (173.6%) is considered high.
Reducing Debt: 2030's debt to equity ratio has reduced from 215.4% to 173.6% over the past 5 years.
Debt Coverage: 2030's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2030's interest payments on its debt are not well covered by EBIT (2.2x coverage).
What is Froch Enterprise current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2030's dividend (2.75%) is higher than the bottom 25% of dividend payers in the TW market (1.91%).
High Dividend: 2030's dividend (2.75%) is low compared to the top 25% of dividend payers in the TW market (4.71%).
Stability and Growth of Payments
Stable Dividend: 2030 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2030's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (130.5%), 2030'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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Froch Enterprise has no CEO, or we have no data on them.
Experienced Board: 2030's board of directors are seasoned and experienced ( 16.9 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Froch Enterprise Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Froch Enterprise Co., Ltd.
- Ticker: 2030
- Exchange: TSEC
- Founded: 1970
- Industry: Steel
- Sector: Materials
- Market Cap: NT$5.286b
- Shares outstanding: 285.74m
- Website: https://www.froch.com
- Froch Enterprise Co., Ltd.
- No. 122 Industrial Road
Froch Enterprise Co., Ltd. manufactures, sells, and exports stainless steel welded tubes and pipes in Taiwan and internationally. It offers stainless steel pipes, large diameter stainless steel pipes, mech...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/21 08:46|
|End of Day Share Price||2021/04/21 00:00|
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.