TSEC:2936

Stock Analysis Report

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Coaster International

Executive Summary

Coaster International Co., Ltd. engages in the wholesale of furniture in the United States and internationally. More Details


Snowflake Analysis

Undervalued with excellent balance sheet.

Share Price & News

How has Coaster International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2936 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 2936's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-1.0%

2936

-1.6%

TW Retail Distributors

-3.2%

TW Market


1 Year Return

5.6%

2936

15.5%

TW Retail Distributors

38.1%

TW Market

Return vs Industry: 2936 underperformed the TW Retail Distributors industry which returned 15.5% over the past year.

Return vs Market: 2936 underperformed the TW Market which returned 38.1% over the past year.


Shareholder returns

2936IndustryMarket
7 Day-1.0%-1.6%-3.2%
30 Day1.8%2.5%1.5%
90 Day-15.2%-1.4%12.1%
1 Year5.6%5.6%20.8%15.5%43.0%38.1%
3 Year-34.6%-35.4%18.1%4.8%63.9%45.5%
5 Yearn/a64.4%32.6%120.0%81.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Coaster 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: 2936 (NT$19.85) is trading below our estimate of fair value (NT$1025.22)

Significantly Below Fair Value: 2936 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 2936 is good value based on its PE Ratio (14.9x) compared to the TW Retail Distributors industry average (18x).

PE vs Market: 2936 is good value based on its PE Ratio (14.9x) compared to the TW market (19.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2936's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2936 is good value based on its PB Ratio (0.6x) compared to the TW Retail Distributors industry average (1.4x).


Next Steps

Future Growth

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

14.2%

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 Coaster 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

Past Performance

How has Coaster International performed over the past 5 years?

-43.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2936 has high quality earnings.

Growing Profit Margin: 2936's current net profit margins (1%) are higher than last year (0%).


Past Earnings Growth Analysis

Earnings Trend: 2936's earnings have declined by 43.6% per year over the past 5 years.

Accelerating Growth: 2936's earnings growth over the past year (70667.8%) exceeds its 5-year average (-43.6% per year).

Earnings vs Industry: 2936 earnings growth over the past year (70667.8%) exceeded the Retail Distributors industry -23.2%.


Return on Equity

High ROE: 2936's Return on Equity (3.9%) is considered low.


Next Steps

Financial Health

How is Coaster International's financial position?


Financial Position Analysis

Short Term Liabilities: 2936's short term assets (NT$3.8B) exceed its short term liabilities (NT$1.9B).

Long Term Liabilities: 2936's short term assets (NT$3.8B) exceed its long term liabilities (NT$975.3M).


Debt to Equity History and Analysis

Debt Level: 2936's debt to equity ratio (15%) is considered satisfactory.

Reducing Debt: 2936's debt to equity ratio has reduced from 49% to 15% over the past 5 years.

Debt Coverage: 2936's debt is well covered by operating cash flow (639%).

Interest Coverage: 2936's interest payments on its debt are not well covered by EBIT (2.2x coverage).


Balance Sheet


Next Steps

Dividend

What is Coaster International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 2936's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 2936'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 2936's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2936's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 2936 is not paying a notable dividend for the TW market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 2936'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?

18.4yrs

Average management tenure


CEO

Michael P. Yeh (71 yo)

40.08yrs

Tenure

Mr. Michael P. Yeh has been the President of Coaster Company of America Inc. since February, 21, 1981 and has served as a Director since October 23, 2015 and has been a active with it since 1979. From 1971...


Leadership Team

NamePositionTenureCompensationOwnership
Michael P. Yeh
President & Director40.08yrsno datano data
Min Xing Pan
CFO & Director8.75yrsno datano data
Matthew Chen
Vice President of Human Resources30.58yrsno datano data
Elsa Chiao
Chief Auditor4.83yrsno datano data

18.4yrs

Average Tenure

Experienced Management: 2936's management team is seasoned and experienced (18.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael P. Yeh
President & Director40.08yrsno datano data
Min Xing Pan
CFO & Director8.75yrsno datano data
Lisa Kao
Chairmanno datano datano data
Zing Rong
Director5.67yrsno datano data
Hui-Erh Yuan
Independent Director5.67yrsno datano data
Rong Jong
Independent Director3.67yrsno datano data
Zin Lung
Independent Director5.67yrsno datano data

5.7yrs

Average Tenure

Experienced Board: 2936's board of directors are considered experienced (5.7 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

Coaster International Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Coaster International Co., Ltd.
  • Ticker: 2936
  • Exchange: TSEC
  • Founded: 2013
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: NT$1.510b
  • Shares outstanding: 76.06m
  • Website: https://www.coasterinternational.com

Location

  • Coaster International Co., Ltd.
  • 190 Elgin Avenue
  • George Town
  • Grand Cayman
  • Grand Cayman
  • KY1-9005
  • Cayman Islands

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2936TSEC (Taiwan Stock Exchange)YesOrdinary SharesTWTWDSep 2016

Biography

Coaster International Co., Ltd. engages in the wholesale of furniture in the United States and internationally. It provides bedroom, living room, dining room, accents group, recreation, and home office fur...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/05 08:43
End of Day Share Price2021/03/05 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.