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2936

Coaster International TWSE:2936 Stock Report

Last Price

NT$40.35

Market Cap

NT$3.1b

7D

0.1%

1Y

69.5%

Updated

28 Jun, 2022

Data

Company Financials

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.
2936 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends0/6

2936 Stock Overview

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

Rewards

Trading at 51.2% below our estimate of its fair value

Earnings have grown 23.3% per year over the past 5 years

Risk Analysis

No risks detected for 2936 from our risk checks.

Coaster International Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Coaster International
Historical stock prices
Current Share PriceNT$40.35
52 Week HighNT$40.55
52 Week LowNT$21.85
Beta0.30
1 Month Change-0.12%
3 Month Change3.73%
1 Year Change69.54%
3 Year Change63.03%
5 Year Change-8.61%
Change since IPO17.64%

Recent News & Updates

Shareholder Returns

2936TW Retail DistributorsTW Market
7D0.1%-0.04%1.7%
1Y69.5%3.8%-9.8%

Return vs Industry: 2936 exceeded the TW Retail Distributors industry which returned -1.6% over the past year.

Return vs Market: 2936 exceeded the TW Market which returned -11.3% over the past year.

Price Volatility

Is 2936's price volatile compared to industry and market?
2936 volatility
2936 Average Weekly Movement0.9%
Retail Distributors Industry Average Movement3.7%
Market Average Movement5.0%
10% most volatile stocks in TW Market8.4%
10% least volatile stocks in TW Market2.4%

Stable Share Price: 2936 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: 2936's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013n/aMichael P. Yehhttps://www.coasterinternational.com

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 furniture; and furniture for youth. The company was founded in 2013 and is based in Taichung, Taiwan

Coaster International Fundamentals Summary

How do Coaster International's earnings and revenue compare to its market cap?
2936 fundamental statistics
Market CapNT$3.07b
Earnings (TTM)NT$355.41m
Revenue (TTM)NT$8.24b

8.6x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2936 income statement (TTM)
RevenueNT$8.24b
Cost of RevenueNT$5.19b
Gross ProfitNT$3.05b
Other ExpensesNT$2.70b
EarningsNT$355.41m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)4.67
Gross Margin37.04%
Net Profit Margin4.31%
Debt/Equity Ratio16.7%

How did 2936 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 2936 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 2936?

Other financial metrics that can be useful for relative valuation.

2936 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.4x
Enterprise Value/EBITDA5.3x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 2936's PE Ratio compare to its peers?

2936 PE Ratio vs Peers
The above table shows the PE ratio for 2936 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average27.3x
2906 Collins
33.9xn/aNT$4.0b
6574 Mikobeaute International
52.9xn/aNT$1.1b
2916 Munsin Garment
9.5xn/aNT$1.3b
1439 Chuwa Wool Industry (Taiwan)
14.4xn/aNT$1.8b
2936 Coaster International
8.6xn/aNT$3.1b

Price-To-Earnings vs Peers: 2936 is good value based on its Price-To-Earnings Ratio (8.6x) compared to the peer average (27.3x).


Price to Earnings Ratio vs Industry

How does 2936's PE Ratio compare vs other companies in the Asian Retail Distributors Industry?

Price-To-Earnings vs Industry: 2936 is good value based on its Price-To-Earnings Ratio (8.6x) compared to the TW Retail Distributors industry average (10.5x)


Price to Earnings Ratio vs Fair Ratio

What is 2936's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

2936 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2936's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 2936 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 2936 (NT$40.35) is trading below our estimate of fair value (NT$82.76)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-2.3%

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.


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  • Examine whether Coaster 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.

Past Performance

How has Coaster International performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


23.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 2936 has high quality earnings.

Growing Profit Margin: 2936's current net profit margins (4.3%) are higher than last year (3.2%).


Past Earnings Growth Analysis

Earnings Trend: 2936's earnings have grown significantly by 23.3% per year over the past 5 years.

Accelerating Growth: 2936's earnings growth over the past year (7.4%) is below its 5-year average (23.3% per year).

Earnings vs Industry: 2936 earnings growth over the past year (7.4%) underperformed the Retail Distributors industry 23.8%.


Return on Equity

High ROE: 2936's Return on Equity (11.5%) is considered low.


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Financial Health

How is Coaster International's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 2936's short term assets (NT$4.2B) exceed its short term liabilities (NT$1.8B).

Long Term Liabilities: 2936's short term assets (NT$4.2B) exceed its long term liabilities (NT$755.6M).


Debt to Equity History and Analysis

Debt Level: 2936 has more cash than its total debt.

Reducing Debt: 2936's debt to equity ratio has increased from 14.1% to 16.7% over the past 5 years.

Debt Coverage: 2936's debt is well covered by operating cash flow (112.3%).

Interest Coverage: 2936's interest payments on its debt are well covered by EBIT (10.2x coverage).


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

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.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 2936 has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

7.4yrs

Average management tenure


CEO

Michael P. Yeh (72 yo)

41.33yrs

Tenure

Mr. Michael P. Yeh has been the President and Director of Coaster International Co., Ltd. since February 21, 1981. He is the President of Coaster Group –North America Region including COA, Inc., Deliverall...


Leadership Team

Experienced Management: 2936's management team is seasoned and experienced (7.4 years average tenure).


Board Members

Experienced Board: 2936's board of directors are considered experienced (6.9 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 employee growth, exchange listings and data sources


Key Information

  • Name: Coaster International Co., Ltd.
  • Ticker: 2936
  • Exchange: TWSE
  • Founded: 2013
  • Industry: Distributors
  • Sector: Retail
  • Implied Market Cap: NT$3.069b
  • Shares outstanding: 76.06m
  • Website: https://www.coasterinternational.com

Location

  • Coaster International Co., Ltd.
  • No. 360, Beitun Road
  • 7F –2
  • Taichung
  • 40654
  • Taiwan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/28 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.