Dacome International Ltd. distributes golf brands through its retail chain in Taiwan, the United States, and Japan. More Details
Flawless balance sheet with proven track record.
Share Price & News
How has Dacome International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 9960 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 9960's weekly volatility (6%) has been stable over the past year.
7 Day Return
TW Retail Distributors
1 Year Return
TW Retail Distributors
Return vs Industry: 9960 underperformed the TW Retail Distributors industry which returned 14.1% over the past year.
Return vs Market: 9960 underperformed the TW Market which returned 40.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Dacome International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StWe Think Dacome International's (GTSM:9960) Statutory Profit Might Understate Its Earnings Potential
3 months ago | Simply Wall StDoes Dacome International (GTSM:9960) Have The Makings Of A Multi-Bagger?
3 months ago | Simply Wall StIs Dacome International Ltd. (GTSM:9960) A Great Dividend Stock?
Is Dacome International undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 9960 (NT$30.9) is trading below our estimate of fair value (NT$83.1)
Significantly Below Fair Value: 9960 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 9960 is poor value based on its PE Ratio (26.2x) compared to the TW Retail Distributors industry average (17.5x).
PE vs Market: 9960 is poor value based on its PE Ratio (26.2x) compared to the TW market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 9960's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 9960 is overvalued based on its PB Ratio (2.2x) compared to the TW Retail Distributors industry average (1.4x).
How is Dacome International 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 Dacome 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.
How has Dacome International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 9960 has high quality earnings.
Growing Profit Margin: 9960's current net profit margins (8.5%) are higher than last year (7.6%).
Past Earnings Growth Analysis
Earnings Trend: 9960's earnings have grown significantly by 34% per year over the past 5 years.
Accelerating Growth: 9960's earnings growth over the past year (22.3%) is below its 5-year average (34% per year).
Earnings vs Industry: 9960 earnings growth over the past year (22.3%) exceeded the Retail Distributors industry -23.2%.
Return on Equity
High ROE: 9960's Return on Equity (8.5%) is considered low.
How is Dacome International's financial position?
Financial Position Analysis
Short Term Liabilities: 9960's short term assets (NT$655.3M) exceed its short term liabilities (NT$229.0M).
Long Term Liabilities: 9960's short term assets (NT$655.3M) exceed its long term liabilities (NT$94.5M).
Debt to Equity History and Analysis
Debt Level: 9960's debt to equity ratio (31.1%) is considered satisfactory.
Reducing Debt: 9960's debt to equity ratio has reduced from 33.9% to 31.1% over the past 5 years.
Debt Coverage: 9960's debt is well covered by operating cash flow (54.7%).
Interest Coverage: 9960 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Dacome International current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 9960's dividend (2.59%) is higher than the bottom 25% of dividend payers in the TW market (1.98%).
High Dividend: 9960's dividend (2.59%) is low compared to the top 25% of dividend payers in the TW market (4.99%).
Stability and Growth of Payments
Stable Dividend: 9960 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 9960 has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (67.9%), 9960's dividend payments are 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?
Dacome International 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.
Dacome International Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Dacome International Ltd.
- Ticker: 9960
- Exchange: GTSM
- Founded: 2000
- Industry: Distributors
- Sector: Retail
- Market Cap: NT$1.018b
- Shares outstanding: 33.59m
- Website: https://www.golfshop.com.tw
Number of Employees
- Dacome International Ltd.
- No. 29, Haibin Road
- 2nd Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|9960||GTSM (Taipei Exchange)||Yes||Common Stock||TW||TWD||Dec 2004|
Dacome International Ltd. distributes golf brands through its retail chain in Taiwan, the United States, and Japan. The company offers balls, golf products, footwear, bags, apparel, caps, belts, gloves, ac...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/03/03 08:43|
|End of Day Share Price||2021/03/02 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.