GTSM:8489

Stock Analysis Report

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Executive Summary

Samebest Co., Ltd. engages in the research and development of digital cloud curriculum systems primarily in Taiwan. More Details


Snowflake Analysis

Flawless balance sheet with questionable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 8489 is more volatile than 75% of TW stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 8489's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of TW stocks.


Market Performance


7 Day Return

1.0%

8489

0.6%

TW Media

1.2%

TW Market


1 Year Return

-53.9%

8489

-5.1%

TW Media

20.4%

TW Market

Return vs Industry: 8489 underperformed the TW Media industry which returned -5.1% over the past year.

Return vs Market: 8489 underperformed the TW Market which returned 20.4% over the past year.


Shareholder returns

8489IndustryMarket
7 Day1.0%0.6%1.2%
30 Day11.8%4.8%10.2%
90 Day17.7%0.05%9.6%
1 Year-52.4%-53.9%-1.2%-5.1%24.8%20.4%
3 Year-58.0%-61.4%3.0%-9.1%45.1%29.0%
5 Yearn/a-16.2%-29.6%96.0%61.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

43.57x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 8489 (NT$58.6) is trading above our estimate of fair value (NT$33.28)

Significantly Below Fair Value: 8489 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 8489 is poor value based on its PE Ratio (43.6x) compared to the TW Media industry average (22.4x).

PE vs Market: 8489 is poor value based on its PE Ratio (43.6x) compared to the TW market (18.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8489's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8489 is overvalued based on its PB Ratio (3.1x) compared to the TW Media industry average (1.8x).


Next Steps

Future Growth

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

26.7%

Forecasted Media 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 Samebest 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.


Next Steps

Past Performance

How has Samebest performed over the past 5 years?

14.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8489 has high quality earnings.

Growing Profit Margin: 8489's current net profit margins (3.4%) are lower than last year (10%).


Past Earnings Growth Analysis

Earnings Trend: 8489's earnings have grown by 14.2% per year over the past 5 years.

Accelerating Growth: 8489's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 8489 had negative earnings growth (-68.2%) over the past year, making it difficult to compare to the Media industry average (-34.8%).


Return on Equity

High ROE: 8489's Return on Equity (11.8%) is considered low.


Next Steps

Financial Health

How is Samebest's financial position?


Financial Position Analysis

Short Term Liabilities: 8489's short term assets (NT$1.2B) exceed its short term liabilities (NT$583.4M).

Long Term Liabilities: 8489's short term assets (NT$1.2B) exceed its long term liabilities (NT$194.1M).


Debt to Equity History and Analysis

Debt Level: 8489's debt to equity ratio (7.7%) is considered satisfactory.

Reducing Debt: 8489's debt to equity ratio has reduced from 9.6% to 7.7% over the past 5 years.

Debt Coverage: 8489's debt is well covered by operating cash flow (267.2%).

Interest Coverage: 8489 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

2.73%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 8489's dividend (2.73%) is higher than the bottom 25% of dividend payers in the TW market (2.11%).

High Dividend: 8489's dividend (2.73%) is low compared to the top 25% of dividend payers in the TW market (5.17%).


Stability and Growth of Payments

Stable Dividend: 8489 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 8489's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (119%), 8489'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.


Next Steps

Management

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

5.8yrs

Average management tenure


CEO

Yong Xin Shi

5.42yrs

Tenure

Mr. Yong Xin Shi serves as Chairman of the Board of Directors of Samebest Co., Ltd. and has been its Chief Executive Officer since June 1, 2015. Mr. Shi served as President of Samebest Co., Ltd., Dongsen D...


Leadership Team

NamePositionTenureCompensationOwnership
Yong Xin Shi
Chairman of the Board of Directors and Chief Executive Officer5.42yrsno datano data
Hong Tai Wei
President and Directorno datano datano data
Pei Yi Huang
Chief Accountant6.5yrsno datano data
Ming Shan Yu
Executive Vice President and Directorno datano datano data
Yu-Zhang Fan
Chief of Education7.67yrsno datano data
Nai Sheng Wang
Managing Director5.42yrsno datano data
You Quan Zhang
Executive Director5.83yrsno datano data

5.8yrs

Average Tenure

Experienced Management: 8489's management team is seasoned and experienced (5.8 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

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


Key Information

  • Name: Samebest Co., Ltd.
  • Ticker: 8489
  • Exchange: GTSM
  • Founded: 2006
  • Industry: Publishing
  • Sector: Media
  • Market Cap: NT$2.131b
  • Shares outstanding: 36.36m
  • Website: https://www.samebest.com.tw

Number of Employees


Location

  • Samebest Co., Ltd.
  • No.2, Chongxin Road
  • 5th Floor
  • New Taipei City
  • 241
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8489GTSM (Taipei Exchange)YesOrdinary SharesTWTWDJan 2016

Biography

Samebest Co., Ltd. engages in the research and development of digital cloud curriculum systems primarily in Taiwan. The company also develops personalized action learning solutions through virtual and real...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/30 08:44
End of Day Share Price2020/11/27 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.