Executive Summary
PChome Online Inc. provides e-commerce and portal services in China and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with proven track record.
Similar Companies
Share Price & News
How has PChome Online's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8044 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 8044's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-3.2%
8044
3.3%
TW Online Retail
0.7%
TW Market
1 Year Return
0.1%
8044
87.1%
TW Online Retail
63.5%
TW Market
Return vs Industry: 8044 underperformed the TW Online Retail industry which returned 93.6% over the past year.
Return vs Market: 8044 underperformed the TW Market which returned 67.5% over the past year.
Shareholder returns
| 8044 | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.2% | 3.3% | 0.7% |
| 30 Day | 4.6% | 12.9% | 4.2% |
| 90 Day | -4.5% | 27.2% | 7.7% |
| 1 Year | 0.6%0.1% | 90.2%87.1% | 69.1%63.5% |
| 3 Year | -38.8%-39.2% | 144.4%119.8% | 73.3%53.6% |
| 5 Year | -69.3%-70.5% | 147.2%123.1% | 133.7%92.2% |
Long-Term Price Volatility Vs. Market
How volatile is PChome Online's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
PChome Online's (GTSM:8044) Shareholders Are Down 70% On Their Shares1 month ago | Simply Wall St
Are PChome Online Inc.'s (GTSM:8044) Mixed Financials The Reason For Its Gloomy Performance on The Stock Market?2 months ago | Simply Wall St
PChome Online (GTSM:8044) Could Easily Take On More DebtValuation
Is PChome Online undervalued compared to its fair value and its price relative to the market?
40.18x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 8044 (NT$89.9) is trading above our estimate of fair value (NT$43.54)
Significantly Below Fair Value: 8044 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 8044 is poor value based on its PE Ratio (41.7x) compared to the TW Online Retail industry average (39.5x).
PE vs Market: 8044 is poor value based on its PE Ratio (41.7x) compared to the TW market (20.8x).
Price to Earnings Growth Ratio
PEG Ratio: 8044 is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: 8044 is overvalued based on its PB Ratio (3.2x) compared to the TW Online Retail industry average (2.6x).
Future Growth
How is PChome Online forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
19.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 8044's forecast earnings growth (19.4% per year) is above the savings rate (0.8%).
Earnings vs Market: 8044's earnings (19.4% per year) are forecast to grow faster than the TW market (16% per year).
High Growth Earnings: 8044's earnings are forecast to grow, but not significantly.
Revenue vs Market: 8044's revenue (11.9% per year) is forecast to grow faster than the TW market (10.1% per year).
High Growth Revenue: 8044's revenue (11.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 8044's Return on Equity is forecast to be low in 3 years time (8.5%).
Past Performance
How has PChome Online performed over the past 5 years?
-32.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8044 has high quality earnings.
Growing Profit Margin: 8044's current net profit margins (0.6%) are higher than last year (0.4%).
Past Earnings Growth Analysis
Earnings Trend: 8044's earnings have declined by 32.3% per year over the past 5 years.
Accelerating Growth: 8044's earnings growth over the past year (55.1%) exceeds its 5-year average (-32.3% per year).
Earnings vs Industry: 8044 earnings growth over the past year (55.1%) exceeded the Online Retail industry 36.7%.
Return on Equity
High ROE: 8044's Return on Equity (5.4%) is considered low.
Financial Health
How is PChome Online's financial position?
Financial Position Analysis
Short Term Liabilities: 8044's short term assets (NT$12.6B) exceed its short term liabilities (NT$8.5B).
Long Term Liabilities: 8044's short term assets (NT$12.6B) exceed its long term liabilities (NT$3.9B).
Debt to Equity History and Analysis
Debt Level: 8044's debt to equity ratio (63.5%) is considered high.
Reducing Debt: Insufficient data to determine if 8044's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 8044's debt is well covered by operating cash flow (54.4%).
Interest Coverage: 8044's interest payments on its debt are well covered by EBIT (9x coverage).
Balance Sheet
Dividend
What is PChome Online current dividend yield, its reliability and sustainability?
1.85%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 8044's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 8044's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 8044's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 8044's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 8044 is not paying a notable dividend for the TW market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 8044's dividend in 3 years as they are not forecast to pay a notable one for the TW market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.5yrs
Average management tenure
CEO
Kevin Tsai (50 yo)
2.08yrs
Tenure
NT$16,951,000
Compensation
Mr. Kai Wen Tsai, also Known as Kevin, serves as the Chief Executive Officer at PChome Online Inc. since March 2019 and as its General Manager since November 02, 2017. Mr. Tsai serves as a Director of PCho...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Kevin's total compensation is reasonable compared to companies of similar size in the TW market.
Compensation vs Earnings: Insufficient data to compare Kevin's compensation with company performance.
Leadership Team
Experienced Management: 8044's management team is considered experienced (2.5 years average tenure).
Board Members
Experienced Board: 8044's board of directors are considered 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
PChome Online Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: PChome Online Inc.
- Ticker: 8044
- Exchange: GTSM
- Founded: 1996
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: NT$10.253b
- Shares outstanding: 118.26m
- Website: https://www.pchome.com.tw
Number of Employees
Location
- PChome Online Inc.
- No. 105, Tun Hwa South Road
- 12th Floor
- Taipei
- 106
- Taiwan
Listings
Biography
PChome Online Inc. provides e-commerce and portal services in China and internationally. The company operates PChome 24h Shopping, PChome Shopping, and PChome Global Shopping Websites. It also operates por...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/14 08:34 |
| End of Day Share Price | 2021/04/13 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.