Executive Summary
Collins Co., Ltd. exports sundry goods and garments to department stores, warehouse clubs, supermarkets, discounted stores, home centers, drug stores and importers, etc. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and fair value.
Share Price & News
How has Collins's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2906 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 2906's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-1.6%
2906
-1.1%
TW Retail Distributors
-0.1%
TW Market
1 Year Return
36.7%
2906
16.0%
TW Retail Distributors
41.5%
TW Market
Return vs Industry: 2906 exceeded the TW Retail Distributors industry which returned 14.1% over the past year.
Return vs Market: 2906 underperformed the TW Market which returned 40.3% over the past year.
Shareholder returns
| 2906 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.6% | -1.1% | -0.1% |
| 30 Day | -1.3% | 4.6% | 5.6% |
| 90 Day | 5.1% | -0.8% | 15.0% |
| 1 Year | 39.7%36.7% | 21.3%16.0% | 46.5%41.5% |
| 3 Year | 55.4%41.7% | 19.3%5.9% | 67.1%48.2% |
| 5 Year | 50.0%26.6% | 64.9%33.0% | 123.0%83.7% |
Long-Term Price Volatility Vs. Market
How volatile is Collins's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Should We Be Excited About The Trends Of Returns At Collins (TPE:2906)?1 month ago | Simply Wall St
Collins Co., Ltd. (TPE:2906) Investors Should Think About This Before Buying It For Its Dividend1 month ago | Simply Wall St
Can You Imagine How Collins' (TPE:2906) Shareholders Feel About The 41% Share Price Increase?Valuation
Is Collins 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: 2906 (NT$15.5) is trading below our estimate of fair value (NT$84.2)
Significantly Below Fair Value: 2906 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2906 is poor value based on its PE Ratio (757.5x) compared to the TW Retail Distributors industry average (17.5x).
PE vs Market: 2906 is poor value based on its PE Ratio (757.5x) compared to the TW market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2906's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2906 is good value based on its PB Ratio (1.1x) compared to the TW Retail Distributors industry average (1.4x).
Next Steps
Future Growth
How is Collins 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 Collins 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 Collins 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 Collins performed over the past 5 years?
-22.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2906 has high quality earnings.
Growing Profit Margin: 2906's current net profit margins (0.06%) are lower than last year (0.8%).
Past Earnings Growth Analysis
Earnings Trend: 2906's earnings have declined by 22.3% per year over the past 5 years.
Accelerating Growth: 2906's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2906 had negative earnings growth (-92.9%) over the past year, making it difficult to compare to the Retail Distributors industry average (-23.2%).
Return on Equity
High ROE: 2906's Return on Equity (3.4%) is considered low.
Next Steps
Financial Health
How is Collins's financial position?
Financial Position Analysis
Short Term Liabilities: 2906's short term assets (NT$3.9B) exceed its short term liabilities (NT$2.7B).
Long Term Liabilities: 2906's short term assets (NT$3.9B) exceed its long term liabilities (NT$1.3B).
Debt to Equity History and Analysis
Debt Level: 2906's debt to equity ratio (31.2%) is considered satisfactory.
Reducing Debt: 2906's debt to equity ratio has increased from 19.1% to 31.2% over the past 5 years.
Debt Coverage: 2906's debt is well covered by operating cash flow (31.9%).
Interest Coverage: 2906's interest payments on its debt are well covered by EBIT (58.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Collins's current dividend yield, its reliability and sustainability?
1.94%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2906's dividend (1.94%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.98%).
High Dividend: 2906's dividend (1.94%) is low compared to the top 25% of dividend payers in the TW market (4.99%).
Stability and Growth of Payments
Stable Dividend: 2906's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2906's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (1466.1%), 2906's dividend payments are not 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
Xi Lu Li
no data
Tenure
Xi Lu Li serves as General Manager at Collins Co., Ltd.
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
Collins Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Collins Co., Ltd.
- Ticker: 2906
- Exchange: TSEC
- Founded: 1969
- Industry: Distributors
- Sector: Retail
- Market Cap: NT$3.241b
- Shares outstanding: 209.11m
- Website: https://www.collins.com.tw
Location
- Collins Co., Ltd.
- No. 201, Dunhua North Road
- 6th Floor
- Taipei
- 10544
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2906 | TSEC (Taiwan Stock Exchange) | Yes | Common Stock | TW | TWD | Jan 1992 |
Biography
Collins Co., Ltd. exports sundry goods and garments to department stores, warehouse clubs, supermarkets, discounted stores, home centers, drug stores and importers, etc. worldwide. The company’s products i...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 08:33 |
| End of Day Share Price | 2021/03/04 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.