TSEC:8454

Stock Analysis Report

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Executive Summary

momo.com Inc. engages in the software design, TV and radio production, radio and TV program distribution, radio and TV advertising, issuing of magazine, and retailing businesses in Taiwan and internationally. More Details

Rewards

Earnings are forecast to grow 23.28% per year

Earnings have grown 9.5% per year over the past 5 years

Risk Analysis

No risks detected for 8454 from our risk checks.


Snowflake Analysis

Exceptional growth potential with flawless balance sheet.


Similar Companies

Share Price & News

How has momo.com's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8454 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 8454's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-9.1%

8454

-4.1%

TW Online Retail

-0.1%

TW Market


1 Year Return

150.6%

8454

98.2%

TW Online Retail

41.5%

TW Market

Return vs Industry: 8454 exceeded the TW Online Retail industry which returned 98.2% over the past year.

Return vs Market: 8454 exceeded the TW Market which returned 41.5% over the past year.


Shareholder returns

8454IndustryMarket
7 Day-9.1%-4.1%-0.1%
30 Day11.0%11.9%5.6%
90 Day46.5%37.2%15.0%
1 Year154.2%150.6%102.1%98.2%46.5%41.5%
3 Year244.1%216.6%108.3%88.4%67.1%48.2%
5 Year406.2%335.0%117.1%95.7%123.0%83.7%

Long-Term Price Volatility Vs. Market

How volatile is momo.com's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is momo.com undervalued compared to its fair value and its price relative to the market?

65.37x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 8454 (NT$907) is trading above our estimate of fair value (NT$515.12)

Significantly Below Fair Value: 8454 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 8454 is poor value based on its PE Ratio (65.4x) compared to the TW Online Retail industry average (37.9x).

PE vs Market: 8454 is poor value based on its PE Ratio (65.4x) compared to the TW market (19.4x).


Price to Earnings Growth Ratio

PEG Ratio: 8454 is poor value based on its PEG Ratio (2.8x)


Price to Book Ratio

PB vs Industry: 8454 is overvalued based on its PB Ratio (18.3x) compared to the TW Online Retail industry average (2.5x).


Next Steps

Future Growth

How is momo.com forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

23.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8454's forecast earnings growth (23.3% per year) is above the savings rate (0.8%).

Earnings vs Market: 8454's earnings (23.3% per year) are forecast to grow faster than the TW market (18% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 8454's revenue (20.9% per year) is forecast to grow faster than the TW market (10.9% per year).

High Growth Revenue: 8454's revenue (20.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 8454's Return on Equity is forecast to be very high in 3 years time (42.7%).


Next Steps

Past Performance

How has momo.com performed over the past 5 years?

9.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8454 has high quality earnings.

Growing Profit Margin: 8454's current net profit margins (2.9%) are higher than last year (2.7%).


Past Earnings Growth Analysis

Earnings Trend: 8454's earnings have grown by 9.5% per year over the past 5 years.

Accelerating Growth: 8454's earnings growth over the past year (39.4%) exceeds its 5-year average (9.5% per year).

Earnings vs Industry: 8454 earnings growth over the past year (39.4%) underperformed the Online Retail industry 45%.


Return on Equity

High ROE: 8454's Return on Equity (27.9%) is considered high.


Next Steps

Financial Health

How is momo.com's financial position?


Financial Position Analysis

Short Term Liabilities: 8454's short term assets (NT$9.9B) exceed its short term liabilities (NT$9.7B).

Long Term Liabilities: 8454's short term assets (NT$9.9B) exceed its long term liabilities (NT$1.2B).


Debt to Equity History and Analysis

Debt Level: 8454 is debt free.

Reducing Debt: 8454 has no debt compared to 5 years ago when its debt to equity ratio was 1.3%.

Debt Coverage: 8454 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8454 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is momo.com current dividend yield, its reliability and sustainability?

2.06%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8454's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8454'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 8454's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8454's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 8454 is not paying a notable dividend for the TW market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 8454'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?

2.3yrs

Average board tenure


CEO

Jeff Ku

1.75yrs

Tenure

Mr. Jeff Ku has been President and Director of momo.com Inc. since June, 1 2019. Mr. Ku served as Chief Business Officer of Taiwan Mobile Co., Ltd from January 25, 2017 to June 1, 2019 and served as its Se...


Board Members

NamePositionTenureCompensationOwnership
Jeff Ku
President & Director1.75yrsno data0.0014%
NT$ 1.8m
Theodore Mao-Hsiung Huang
Representative Director11.83yrsNT$392.46kno data
Rosie Yu
Representative Director1.17yrsno datano data
C. F. Qifeng Lin
Chairman2.25yrsNT$7.46m0.45%
NT$ 570.3m
Hong-So Chen
Independent Director7.08yrsNT$1.55mno data
Yi-Hong Hsieh
Independent Director7.08yrsNT$1.55mno data
Chris Tsai
Representative Director2.25yrsno datano data
Wang Chieh
Independent Director1.83yrsno datano data
Jamie Lin
Representative Director1.92yrsno datano data

2.3yrs

Average Tenure

Experienced Board: 8454's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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

momo.com Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: momo.com Inc.
  • Ticker: 8454
  • Exchange: TSEC
  • Founded: 2004
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: NT$127.874b
  • Shares outstanding: 140.06m
  • Website: https://www.fmt.com.tw

Location

  • momo.com Inc.
  • No. 96 Zhouzi Street
  • 4th Floor
  • Taipei
  • 11493
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8454TSEC (Taiwan Stock Exchange)YesCommon SharesTWTWDFeb 2014

Biography

momo.com Inc. engages in the software design, TV and radio production, radio and TV program distribution, radio and TV advertising, issuing of magazine, and retailing businesses in Taiwan and international...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 08:40
End of Day Share Price2021/03/04 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.