GTSM:6574

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Mikobeaute International

Executive Summary

Mikobeaute International Co., Ltd. researches and develops, manufactures, and sells beauty and skin care products. More Details


Snowflake Analysis

Flawless balance sheet and slightly overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 6574 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 6574's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

3.0%

6574

-1.1%

TW Retail Distributors

-0.1%

TW Market


1 Year Return

-25.5%

6574

16.0%

TW Retail Distributors

41.5%

TW Market

Return vs Industry: 6574 underperformed the TW Retail Distributors industry which returned 14.1% over the past year.

Return vs Market: 6574 underperformed the TW Market which returned 40.3% over the past year.


Shareholder returns

6574IndustryMarket
7 Day3.0%-1.1%-0.1%
30 Day1.8%4.6%5.6%
90 Day-1.0%-0.8%15.0%
1 Year-23.8%-25.5%21.3%16.0%46.5%41.5%
3 Year-48.8%-54.9%19.3%5.9%67.1%48.2%
5 Yearn/a64.9%33.0%123.0%83.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

8.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 6574 (NT$57.7) is trading below our estimate of fair value (NT$63.23)

Significantly Below Fair Value: 6574 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 6574 is poor value based on its PE Ratio (19.1x) compared to the TW Retail Distributors industry average (17.5x).

PE vs Market: 6574 is good value based on its PE Ratio (19.1x) compared to the TW market (19.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 6574's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6574 is overvalued based on its PB Ratio (2x) compared to the TW Retail Distributors industry average (1.4x).


Next Steps

Future Growth

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

14.1%

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 Mikobeaute International 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 Mikobeaute International performed over the past 5 years?

-6.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6574 has high quality earnings.

Growing Profit Margin: 6574's current net profit margins (7.3%) are lower than last year (8.1%).


Past Earnings Growth Analysis

Earnings Trend: 6574's earnings have declined by 6.1% per year over the past 5 years.

Accelerating Growth: 6574's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 6574 had negative earnings growth (-23.2%) over the past year, making it difficult to compare to the Retail Distributors industry average (-23.2%).


Return on Equity

High ROE: 6574's Return on Equity (10.5%) is considered low.


Next Steps

Financial Health

How is Mikobeaute International's financial position?


Financial Position Analysis

Short Term Liabilities: 6574's short term assets (NT$676.9M) exceed its short term liabilities (NT$165.3M).

Long Term Liabilities: 6574's short term assets (NT$676.9M) exceed its long term liabilities (NT$39.1M).


Debt to Equity History and Analysis

Debt Level: 6574 is debt free.

Reducing Debt: 6574 had no debt 5 years ago.

Debt Coverage: 6574 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6574 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Mikobeaute International current dividend yield, its reliability and sustainability?

2.13%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 6574's dividend (2.13%) is higher than the bottom 25% of dividend payers in the TW market (1.98%).

High Dividend: 6574's dividend (2.13%) is low compared to the top 25% of dividend payers in the TW market (4.99%).


Stability and Growth of Payments

Stable Dividend: 6574 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 6574 has only been paying a dividend for 4 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (40.8%), 6574'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?


CEO

Mikobeaute International has no CEO, or we have no data on them.


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

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


Key Information

  • Name: Mikobeaute International Co., Ltd.
  • Ticker: 6574
  • Exchange: GTSM
  • Founded: 2002
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: NT$1.236b
  • Shares outstanding: 21.99m
  • Website: https://www.mikobeaute.com.tw

Number of Employees


Location

  • Mikobeaute International Co., Ltd.
  • No. 310, Zhongxiao East Road
  • 6th Floor
  • Taipei
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6574GTSM (Taipei Exchange)YesCommon StockTWTWDJul 2016

Biography

Mikobeaute International Co., Ltd. researches and develops, manufactures, and sells beauty and skin care products. The company offers its products under the EDN, NU+ derma, L'HERBOFLORE, and MIKOBEAUTÉ SPA...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/03 08:44
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.