GTSM:6195

Stock Analysis Report

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Executive Summary

Scan-D Corporation sells furniture, kitchen appliances, furnishings, and beddings in Taiwan. More Details


Snowflake Analysis

Good value with proven track record.

Share Price & News

How has Scan-D's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6195 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 6195's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

2.6%

6195

-0.04%

TW Specialty Retail

-0.1%

TW Market


1 Year Return

43.5%

6195

-1.1%

TW Specialty Retail

41.5%

TW Market

Return vs Industry: 6195 exceeded the TW Specialty Retail industry which returned -1.3% over the past year.

Return vs Market: 6195 exceeded the TW Market which returned 40.3% over the past year.


Shareholder returns

6195IndustryMarket
7 Day2.6%-0.04%-0.1%
30 Day8.0%5.6%5.6%
90 Day6.2%-4.8%15.0%
1 Year51.5%43.5%1.2%-1.1%46.5%41.5%
3 Year8.8%-10.6%77.4%59.7%67.1%48.2%
5 Year37.5%-0.6%88.7%58.1%123.0%83.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Scan-D undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 6195 (NT$51.5) is trading below our estimate of fair value (NT$578.93)

Significantly Below Fair Value: 6195 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 6195 is good value based on its PE Ratio (13.6x) compared to the TW Specialty Retail industry average (16.7x).

PE vs Market: 6195 is good value based on its PE Ratio (13.6x) compared to the TW market (19.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 6195's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6195 is overvalued based on its PB Ratio (2.3x) compared to the TW Specialty Retail industry average (1.9x).


Next Steps

Future Growth

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

25.7%

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 Scan-D 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 Scan-D performed over the past 5 years?

-8.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6195 has high quality earnings.

Growing Profit Margin: 6195's current net profit margins (8.6%) are higher than last year (5.6%).


Past Earnings Growth Analysis

Earnings Trend: 6195's earnings have declined by 8.6% per year over the past 5 years.

Accelerating Growth: 6195's earnings growth over the past year (84.4%) exceeds its 5-year average (-8.6% per year).

Earnings vs Industry: 6195 earnings growth over the past year (84.4%) exceeded the Specialty Retail industry 18.1%.


Return on Equity

High ROE: 6195's Return on Equity (16.7%) is considered low.


Next Steps

Financial Health

How is Scan-D's financial position?


Financial Position Analysis

Short Term Liabilities: 6195's short term assets (NT$866.1M) do not cover its short term liabilities (NT$900.7M).

Long Term Liabilities: 6195's short term assets (NT$866.1M) exceed its long term liabilities (NT$796.2M).


Debt to Equity History and Analysis

Debt Level: 6195's debt to equity ratio (40.5%) is considered high.

Reducing Debt: 6195's debt to equity ratio has reduced from 61.6% to 40.5% over the past 5 years.

Debt Coverage: 6195's debt is well covered by operating cash flow (177.1%).

Interest Coverage: 6195's interest payments on its debt are well covered by EBIT (8.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Scan-D current dividend yield, its reliability and sustainability?

3.50%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 6195's dividend (3.5%) is higher than the bottom 25% of dividend payers in the TW market (1.98%).

High Dividend: 6195's dividend (3.5%) is low compared to the top 25% of dividend payers in the TW market (4.99%).


Stability and Growth of Payments

Stable Dividend: 6195's dividend payments have been volatile in the past 10 years.

Growing Dividend: 6195's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (47.6%), 6195's dividend payments are 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?

7.5yrs

Average management tenure


CEO

Pok-Chin Lim

10.92yrs

Tenure

Mr. Pok-Chin Lim serves as Director at Redwood Group Ltd. Mr. Lim serves as General Manager at Scan-D Corporation since June 4, 2010 and its a Director since June 25, 2010 and serves as its Chairman. His E...


Leadership Team

NamePositionTenureCompensationOwnership
Pok-Chin Lim
Chairman & GM10.92yrsno datano data
San-Chuang Ho
Chief Financial & Accounting Officer9.83yrsno datano data
Hung-Wu Yu
Chief Operating Officer1.75yrsno datano data
Hsiu-Chu Hsueh
Vice General Manager7.5yrsno datano data
Shu-Ling Huang
Chief Auditor4.33yrsno datano data
Jie-Ren Lim
Assistant GM & Director9.75yrsno datano data

7.5yrs

Average Tenure

Experienced Management: 6195's management team is seasoned and experienced (7.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Pok-Chin Lim
Chairman & GM10.92yrsno datano data
Jie-Ren Lim
Assistant GM & Director9.75yrsno datano data
Khay-pin Neo
Director10.75yrsno datano data
Chia-Cheng Wang
Independent Director3.75yrsno datano data
Shin-Mo Lee
Supervisor3.75yrsno datano data
I-Yao Wang
Director0.75yrno datano data
Chih-Hung Liu
Supervisor5.75yrsno datano data
Da-Feng Hung
Independent Director0.75yrno datano data

3.8yrs

Average Tenure

Experienced Board: 6195's board of directors are considered experienced (3.8 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

Scan-D Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Scan-D Corporation
  • Ticker: 6195
  • Exchange: GTSM
  • Founded: 1995
  • Industry: Homefurnishing Retail
  • Sector: Retail
  • Market Cap: NT$2.320b
  • Shares outstanding: 46.13m
  • Website: https://www.topshine.tw

Number of Employees


Location

  • Scan-D Corporation
  • No. 69, Dinghu 1st Street
  • Guishan District
  • Taoyuan City
  • 33378
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6195GTSM (Taipei Exchange)YesCommon StockTWTWDOct 2002

Biography

Scan-D Corporation sells furniture, kitchen appliances, furnishings, and beddings in Taiwan. Its product portfolio includes tables, chairs, couches, bedframes, mattresses, closets, dressers, and couch cove...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/03 08:46
End of Day Share Price2021/03/02 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.