2608 Stock Overview
Kerry TJ Logistics Company Limited provides integrated logistics services worldwide.
Kerry TJ Logistics Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NT$41.25|
|52 Week High||NT$62.30|
|52 Week Low||NT$36.60|
|1 Month Change||8.27%|
|3 Month Change||-1.79%|
|1 Year Change||-20.37%|
|3 Year Change||13.79%|
|5 Year Change||16.03%|
|Change since IPO||-28.26%|
Recent News & Updates
|2608||TW Logistics||TW Market|
Return vs Industry: 2608 exceeded the TW Logistics industry which returned -27.9% over the past year.
Return vs Market: 2608 underperformed the TW Market which returned -14.4% over the past year.
|2608 Average Weekly Movement||3.6%|
|Logistics Industry Average Movement||5.4%|
|Market Average Movement||5.1%|
|10% most volatile stocks in TW Market||8.4%|
|10% least volatile stocks in TW Market||2.5%|
Stable Share Price: 2608 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 2608's weekly volatility (4%) has been stable over the past year.
About the Company
Kerry TJ Logistics Company Limited provides integrated logistics services worldwide. The company also provides cold storage and temperature-controlled distribution services; and devanning, warehousing, sorting, retrieving, disposal, and customized value added services. In addition, it offers international freight forwarding, sea freight, air freight, sea and air joint freight, insurance brokerage, customs clearance, and courier services.
Kerry TJ Logistics Fundamentals Summary
|2608 fundamental statistics|
Is 2608 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2608 income statement (TTM)|
|Cost of Revenue||NT$10.64b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||2.95|
|Net Profit Margin||10.49%|
How did 2608 perform over the long term?See historical performance and comparison
4.0%Current Dividend Yield
Is 2608 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 0/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2608?
Other financial metrics that can be useful for relative valuation.
|What is 2608's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 2608's PE Ratio compare to its peers?
|2608 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
5607 Farglory Free Trade Zone Investment Holding
5609 Dimerco Express
2642 Taiwan Pelican Express
2636 T3EX Global Holdings
2608 Kerry TJ Logistics
Price-To-Earnings vs Peers: 2608 is expensive based on its Price-To-Earnings Ratio (14x) compared to the peer average (12.2x).
Price to Earnings Ratio vs Industry
How does 2608's PE Ratio compare vs other companies in the Asian Logistics Industry?
Price-To-Earnings vs Industry: 2608 is expensive based on its Price-To-Earnings Ratio (14x) compared to the TW Logistics industry average (6.6x)
Price to Earnings Ratio vs Fair Ratio
What is 2608'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.
|Current PE Ratio||14x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2608's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 2608 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 2608 (NT$41.25) is trading above our estimate of fair value (NT$38.23)
Significantly Below Fair Value: 2608 is trading above our estimate of fair value.
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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How is Kerry TJ Logistics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Transportation 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 Kerry TJ Logistics 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 Kerry TJ Logistics's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
How has Kerry TJ Logistics performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2608 has high quality earnings.
Growing Profit Margin: 2608's current net profit margins (10.5%) are lower than last year (12.1%).
Past Earnings Growth Analysis
Earnings Trend: 2608's earnings have grown by 5.5% per year over the past 5 years.
Accelerating Growth: 2608's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2608 had negative earnings growth (-8.4%) over the past year, making it difficult to compare to the Logistics industry average (45%).
Return on Equity
High ROE: 2608's Return on Equity (12.5%) is considered low.
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How is Kerry TJ Logistics's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 2608's short term assets (NT$3.6B) exceed its short term liabilities (NT$2.9B).
Long Term Liabilities: 2608's short term assets (NT$3.6B) do not cover its long term liabilities (NT$9.2B).
Debt to Equity History and Analysis
Debt Level: 2608's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: 2608's debt to equity ratio has increased from 29.4% to 39% over the past 5 years.
Debt Coverage: 2608's debt is well covered by operating cash flow (54.9%).
Interest Coverage: 2608's interest payments on its debt are well covered by EBIT (18.8x coverage).
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What is Kerry TJ Logistics's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2608's dividend (4%) is higher than the bottom 25% of dividend payers in the TW market (2.55%).
High Dividend: 2608's dividend (4%) is low compared to the top 25% of dividend payers in the TW market (6.64%).
Stability and Growth of Payments
Stable Dividend: 2608's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2608's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (55.9%), 2608's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (104.7%), 2608's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Richard Shen (79 yo)
Mr. Chung-Kui Shen, also known as Richard, served as Regional Operations Manager for Taiwan of U.S. Lines Inc. Mr. Shen has over 30 years of experience in the logistics industry, ranging from trucking, con...
Experienced Board: 2608's board of directors are considered experienced (6.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kerry TJ Logistics Company Limited's employee growth, exchange listings and data sources
- Name: Kerry TJ Logistics Company Limited
- Ticker: 2608
- Exchange: TWSE
- Founded: 1954
- Industry: Air Freight and Logistics
- Sector: Transportation
- Implied Market Cap: NT$19.264b
- Shares outstanding: 467.00m
- Website: https://www.kerrytj.com
- Kerry TJ Logistics Company Limited
- 50 Xinsheng South Road
- Section 1
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/08 00:00|
|End of Day Share Price||2022/08/08 00:00|
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.