TSEC:2911

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Les Enphants Co., Ltd. operates as a retailer of children’s wear and accessories. More Details


Snowflake Analysis

Excellent balance sheet and fair value.


Similar Companies

Share Price & News

How has Les Enphants's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2911 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 2911's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

5.9%

2911

-0.04%

TW Specialty Retail

-0.1%

TW Market


1 Year Return

-4.2%

2911

-1.1%

TW Specialty Retail

41.5%

TW Market

Return vs Industry: 2911 underperformed the TW Specialty Retail industry which returned -1.1% over the past year.

Return vs Market: 2911 underperformed the TW Market which returned 41.5% over the past year.


Shareholder returns

2911IndustryMarket
7 Day5.9%-0.04%-0.1%
30 Day13.3%5.6%5.6%
90 Day-4.9%-4.8%15.0%
1 Year-4.2%-4.2%1.2%-1.1%46.5%41.5%
3 Year-33.9%-36.7%77.4%59.7%67.1%48.2%
5 Year-56.2%-58.1%88.7%58.1%123.0%83.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Les Enphants 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: 2911 (NT$7.15) is trading below our estimate of fair value (NT$39.91)

Significantly Below Fair Value: 2911 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 2911 is unprofitable, so we can't compare its PE Ratio to the TW Specialty Retail industry average.

PE vs Market: 2911 is unprofitable, so we can't compare its PE Ratio to the TW market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2911's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2911 is good value based on its PB Ratio (0.6x) compared to the TW Specialty Retail industry average (1.9x).


Next Steps

Future Growth

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

25.7%

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 Les Enphants 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 Les Enphants performed over the past 5 years?

-28.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2911 is currently unprofitable.

Growing Profit Margin: 2911 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 2911 is unprofitable, and losses have increased over the past 5 years at a rate of 28.4% per year.

Accelerating Growth: Unable to compare 2911's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2911 is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (18.1%).


Return on Equity

High ROE: 2911 has a negative Return on Equity (-18.06%), as it is currently unprofitable.


Next Steps

Financial Health

How is Les Enphants's financial position?


Financial Position Analysis

Short Term Liabilities: 2911's short term assets (NT$2.5B) exceed its short term liabilities (NT$2.1B).

Long Term Liabilities: 2911's short term assets (NT$2.5B) exceed its long term liabilities (NT$753.4M).


Debt to Equity History and Analysis

Debt Level: 2911's debt to equity ratio (43.7%) is considered high.

Reducing Debt: 2911's debt to equity ratio has reduced from 66.8% to 43.7% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 2911 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 2911 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 5.1% per year.


Next Steps

Dividend

What is Les Enphants's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 2911's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 2911'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 2911's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2911's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 2911 is not paying a notable dividend for the TW market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 2911'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?

3.8yrs

Average board tenure


CEO

Spencer Chang

no data

Tenure

Mr. Spencer Chang serves as General Manager of Les Enphant Co., Ltd. and served as its Chief Executive Officer. Mr. Chang served as Chief Operation Officer of Les enphant Co.,Ltd. since March 22, 2004. He ...


Board Members

NamePositionTenureCompensationOwnership
Po-Wei Lin
Deputy GM of Corporate Social Responsibility & Integrated Marketing Department and Director9.75yrsNT$1.29mno data
Shao-Hua Huang
Director3.75yrsNT$40.00kno data
Chih-Wei Wu
Independent Director0.75yrno datano data
Chia-Hung Tseng
Director6.75yrsNT$50.00kno data
Po-Tsang Lin
Chairman4yrsNT$50.00kno data
Cheng-Hsian Coi
Independent Director3.75yrsNT$1.24mno data
Hsiao-Hui Wang
Independent Director3.75yrsNT$1.25mno data

3.8yrs

Average Tenure

54yo

Average Age

Experienced Board: 2911's board of directors are considered experienced (3.8 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

Les Enphants Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Les Enphants Co., Ltd.
  • Ticker: 2911
  • Exchange: TSEC
  • Founded: 1971
  • Industry: Apparel Retail
  • Sector: Retail
  • Market Cap: NT$1.328b
  • Shares outstanding: 184.68m
  • Website: https://www.enphants.com

Location

  • Les Enphants Co., Ltd.
  • No. 60 Yangguang Street
  • 321 Lane
  • Taipei
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2911TSEC (Taiwan Stock Exchange)YesCommon StockTWTWDJan 1997

Biography

Les Enphants Co., Ltd. operates as a retailer of children’s wear and accessories. It offers babies and toddlers’ apparel, footwear, personal care items, and other child-related accessories. The company als...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 08:42
End of Day Share Price2021/03/04 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.