Executive Summary
Eastern Media International Corporation, together with its subsidiaries, provides loading and unloading of grains and silo storage services in Taiwan and China. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with proven track record.
Share Price & News
How has Eastern Media International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2614 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 2614's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0%
2614
-4.1%
TW Online Retail
-0.1%
TW Market
1 Year Return
42.2%
2614
98.2%
TW Online Retail
41.5%
TW Market
Return vs Industry: 2614 underperformed the TW Online Retail industry which returned 109.1% over the past year.
Return vs Market: 2614 underperformed the TW Market which returned 42.2% over the past year.
Shareholder returns
| 2614 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -4.1% | -0.1% |
| 30 Day | 6.3% | 11.9% | 5.6% |
| 90 Day | -0.3% | 37.2% | 15.0% |
| 1 Year | 51.0%42.2% | 102.1%98.2% | 46.5%41.5% |
| 3 Year | 32.3%-2.7% | 108.3%88.4% | 67.1%48.2% |
| 5 Year | 158.1%89.9% | 117.1%95.7% | 123.0%83.7% |
Long-Term Price Volatility Vs. Market
How volatile is Eastern Media International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
9 hours ago | Simply Wall St
Is Eastern Media International Corporation (TPE:2614) An Attractive Dividend Stock?3 weeks ago | Simply Wall St
Will Eastern Media International's (TPE:2614) Growth In ROCE Persist?1 month ago | Simply Wall St
Is Eastern Media International (TPE:2614) A Risky Investment?Valuation
Is Eastern Media International 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: 2614 (NT$16.75) is trading below our estimate of fair value (NT$150.32)
Significantly Below Fair Value: 2614 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2614 is good value based on its PE Ratio (12.6x) compared to the TW Online Retail industry average (38.1x).
PE vs Market: 2614 is good value based on its PE Ratio (12.6x) compared to the TW market (19.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2614's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2614 is good value based on its PB Ratio (1.5x) compared to the TW Online Retail industry average (2.6x).
Next Steps
Future Growth
How is Eastern Media International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
37.7%
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 Eastern Media 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
- Examine whether Eastern Media International is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Retail industry.
Past Performance
How has Eastern Media International performed over the past 5 years?
40.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2614 has a large one-off gain of NT$170.9M impacting its September 30 2020 financial results.
Growing Profit Margin: 2614's current net profit margins (16.2%) are higher than last year (5.4%).
Past Earnings Growth Analysis
Earnings Trend: 2614 has become profitable over the past 5 years, growing earnings by 40.6% per year.
Accelerating Growth: 2614's earnings growth over the past year (96.3%) exceeds its 5-year average (40.6% per year).
Earnings vs Industry: 2614 earnings growth over the past year (96.3%) exceeded the Online Retail industry 45%.
Return on Equity
High ROE: 2614's Return on Equity (10.9%) is considered low.
Next Steps
Financial Health
How is Eastern Media International's financial position?
Financial Position Analysis
Short Term Liabilities: 2614's short term assets (NT$2.9B) exceed its short term liabilities (NT$2.4B).
Long Term Liabilities: 2614's short term assets (NT$2.9B) do not cover its long term liabilities (NT$6.8B).
Debt to Equity History and Analysis
Debt Level: 2614's debt to equity ratio (12.2%) is considered satisfactory.
Reducing Debt: 2614's debt to equity ratio has reduced from 115.7% to 12.2% over the past 5 years.
Debt Coverage: 2614's debt is well covered by operating cash flow (217.7%).
Interest Coverage: 2614's interest payments on its debt are not well covered by EBIT (0.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Eastern Media International current dividend yield, its reliability and sustainability?
5.93%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2614's dividend (5.97%) is higher than the bottom 25% of dividend payers in the TW market (1.97%).
High Dividend: 2614's dividend (5.97%) is in the top 25% of dividend payers in the TW market (4.97%)
Stability and Growth of Payments
Stable Dividend: 2614 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2614's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (75%), 2614's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.6yrs
Average management tenure
CEO
Shang Liao
no data
Tenure
Mr. Shang Wen Liao, PH.D. serves as the Chairman and President at Eastern Media International Corporation. Mr. Liao joined Eastern Media International Corporation on August 15, 1994. He holds a PhD from Le...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman and President | no data | no data | 0.018% NT$ 1.7m | |
| Assistant Vice President of Finance Division | no data | no data | 0.0049% NT$ 457.0k | |
| Vice President of Accounting Division | no data | no data | no data | |
| Vice President of Administration Division | 4.33yrs | no data | 0.00028% NT$ 26.1k | |
| Assistant Vice President of Legal Affairs Department - Head Office | no data | no data | no data | |
| Executive Director of Strategic Development Center | no data | no data | no data | |
| Vice President | no data | no data | 0.000050% NT$ 4.7k | |
| Vice President of Strategy Development | 4.92yrs | no data | no data | |
| Assistant Vice President of Head Office - Investment Department | no data | no data | no data | |
| Vice President of Head Office | 6.58yrs | no data | no data | |
| VP of Head Office | 3yrs | no data | no data |
4.6yrs
Average Tenure
Experienced Management: 2614's management team is considered experienced (4.6 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
Eastern Media International Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Eastern Media International Corporation
- Ticker: 2614
- Exchange: TSEC
- Founded: 1975
- Industry: Internet and Direct Marketing Retail
- Sector: Retail
- Market Cap: NT$9.326b
- Shares outstanding: 556.79m
- Website: https://www.emic.com.tw
Number of Employees
Location
- Eastern Media International Corporation
- No. 368, Fuxing South Road
- 8th Floor
- Taipei
- 10656
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2614 | TSEC (Taiwan Stock Exchange) | Yes | Common Stock | TW | TWD | Oct 1995 |
Biography
Eastern Media International Corporation, together with its subsidiaries, provides loading and unloading of grains and silo storage services in Taiwan and China. The company operates through Warehousing, Tr...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/03 08:42 |
| End of Day Share Price | 2021/03/03 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.