Simple Mart Retail Co., Ltd. owns and operates a chain of retail stores in Taiwan. More Details
Adequate balance sheet with poor track record.
Share Price & News
How has Simple Mart Retail's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2945 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 2945's weekly volatility (4%) has been stable over the past year.
7 Day Return
TW Multiline Retail
1 Year Return
TW Multiline Retail
Return vs Industry: 2945 underperformed the TW Multiline Retail industry which returned 10.8% over the past year.
Return vs Market: 2945 underperformed the TW Market which returned 41.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Simple Mart Retail's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StThe Returns At Simple Mart Retail (GTSM:2945) Provide Us With Signs Of What's To Come
1 month ago | Simply Wall StHere's Why Simple Mart Retail's (GTSM:2945) Statutory Earnings Are Arguably Too Conservative
2 months ago | Simply Wall StIs Simple Mart Retail Co., Ltd.'s (GTSM:2945) 2.7% Dividend Sustainable?
Is Simple Mart Retail 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: 2945 (NT$88.2) is trading above our estimate of fair value (NT$41.55)
Significantly Below Fair Value: 2945 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 2945's PE Ratio (55.3x) is in line with the TW Multiline Retail industry average.
PE vs Market: 2945 is poor value based on its PE Ratio (55.3x) compared to the TW market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2945's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2945 is overvalued based on its PB Ratio (4.4x) compared to the TW Multiline Retail industry average (2.7x).
How is Simple Mart Retail forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Retail 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 Simple Mart Retail 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.
How has Simple Mart Retail performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2945 has high quality earnings.
Growing Profit Margin: 2945's current net profit margins (0.8%) are lower than last year (1.1%).
Past Earnings Growth Analysis
Earnings Trend: 2945's earnings have declined by 17.4% per year over the past 5 years.
Accelerating Growth: 2945's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2945 had negative earnings growth (-29.4%) over the past year, making it difficult to compare to the Multiline Retail industry average (-29.4%).
Return on Equity
High ROE: 2945's Return on Equity (7.9%) is considered low.
How is Simple Mart Retail's financial position?
Financial Position Analysis
Short Term Liabilities: 2945's short term assets (NT$1.8B) do not cover its short term liabilities (NT$2.3B).
Long Term Liabilities: 2945's short term assets (NT$1.8B) exceed its long term liabilities (NT$1.3B).
Debt to Equity History and Analysis
Debt Level: 2945's debt to equity ratio (25.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 2945's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2945's debt is well covered by operating cash flow (200.2%).
Interest Coverage: 2945's interest payments on its debt are well covered by EBIT (6.8x coverage).
What is Simple Mart Retail current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2945's dividend (2.86%) is higher than the bottom 25% of dividend payers in the TW market (1.98%).
High Dividend: 2945's dividend (2.86%) is low compared to the top 25% of dividend payers in the TW market (4.97%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 2945 has been paying a dividend for less than 10 years.
Growing Dividend: 2945 has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (158.2%), 2945'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?
Simple Mart Retail has no CEO, or we have no data on them.
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.
Simple Mart Retail Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Simple Mart Retail Co., Ltd.
- Ticker: 2945
- Exchange: GTSM
- Founded: 2006
- Industry: General Merchandise Stores
- Sector: Retail
- Market Cap: NT$5.292b
- Shares outstanding: 60.00m
- Website: https://www.simplemart.com.tw
Number of Employees
- Simple Mart Retail Co., Ltd.
- No. 4, Minquan East Road
- 1st Floor, Section 3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2945||GTSM (Taipei Exchange)||Yes||Common Stock||TW||TWD||Dec 2018|
Simple Mart Retail Co., Ltd. owns and operates a chain of retail stores in Taiwan. It operates approximately 681 stores, as well as offers products online. The company was founded in 2006 and is based in T...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/03/04 08:47|
|End of Day Share Price||2021/03/03 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.