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5607

Farglory Free Trade Zone Investment Holding TWSE:5607 Stock Report

Last Price

NT$52.70

Market Cap

NT$13.4b

7D

-10.7%

1Y

27.9%

Updated

28 Sep, 2022

Data

Company Financials
5607 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health2/6
Dividends2/6

5607 Stock Overview

Farglory Free Trade Zone Investment Holding Co., Ltd., an investment holding company, provides free trade zone and logistics services in Taiwan.

Farglory Free Trade Zone Investment Holding Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Farglory Free Trade Zone Investment Holding
Historical stock prices
Current Share PriceNT$52.70
52 Week HighNT$74.70
52 Week LowNT$39.60
Beta0.21
1 Month Change-0.75%
3 Month Change6.90%
1 Year Change27.91%
3 Year Change149.76%
5 Year Change276.43%
Change since IPO153.62%

Recent News & Updates

Shareholder Returns

5607TW LogisticsTW Market
7D-10.7%-5.6%-5.1%
1Y27.9%-26.8%-19.0%

Return vs Industry: 5607 exceeded the TW Logistics industry which returned -26.8% over the past year.

Return vs Market: 5607 exceeded the TW Market which returned -19% over the past year.

Price Volatility

Is 5607's price volatile compared to industry and market?
5607 volatility
5607 Average Weekly Movement5.4%
Logistics Industry Average Movement5.1%
Market Average Movement5.1%
10% most volatile stocks in TW Market8.3%
10% least volatile stocks in TW Market2.5%

Stable Share Price: 5607 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 5607's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1991616Chia-Ling Laihttps://www.ftz.com.tw

Farglory Free Trade Zone Investment Holding Co., Ltd., an investment holding company, provides free trade zone and logistics services in Taiwan. It offers air cargo, air container, and cargo tray devanning, untraying, and unloading services. The company also engages in the warehouse business; and leasing plants, offices, and warehouses.

Farglory Free Trade Zone Investment Holding Fundamentals Summary

How do Farglory Free Trade Zone Investment Holding's earnings and revenue compare to its market cap?
5607 fundamental statistics
Market CapNT$13.44b
Earnings (TTM)NT$873.09m
Revenue (TTM)NT$3.06b

15.4x

P/E Ratio

4.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
5607 income statement (TTM)
RevenueNT$3.06b
Cost of RevenueNT$1.18b
Gross ProfitNT$1.88b
Other ExpensesNT$1.01b
EarningsNT$873.09m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.42
Gross Margin61.55%
Net Profit Margin28.54%
Debt/Equity Ratio98.9%

How did 5607 perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

44%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 5607 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

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

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 5607?

Other financial metrics that can be useful for relative valuation.

5607 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/Revenue7.5x
Enterprise Value/EBITDA13.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 5607's PE Ratio compare to its peers?

5607 PE Ratio vs Peers
The above table shows the PE ratio for 5607 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average9.3x
2608 Kerry TJ Logistics
12.2xn/aNT$16.9b
5609 Dimerco Express
2.7xn/aNT$8.2b
2642 Taiwan Pelican Express
19.9xn/aNT$4.1b
2636 T3EX Global Holdings
2.3xn/aNT$8.7b
5607 Farglory Free Trade Zone Investment Holding
15.4xn/aNT$13.4b

Price-To-Earnings vs Peers: 5607 is expensive based on its Price-To-Earnings Ratio (15.4x) compared to the peer average (9.3x).


Price to Earnings Ratio vs Industry

How does 5607's PE Ratio compare vs other companies in the Asian Logistics Industry?

Price-To-Earnings vs Industry: 5607 is expensive based on its Price-To-Earnings Ratio (15.4x) compared to the Asian Logistics industry average (14.1x)


Price to Earnings Ratio vs Fair Ratio

What is 5607'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.

5607 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 5607's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 5607 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 5607 (NT$52.7) is trading above our estimate of fair value (NT$31.3)

Significantly Below Fair Value: 5607 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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Future Growth

How is Farglory Free Trade Zone Investment Holding 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


22.8%

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 Farglory Free Trade Zone Investment Holding 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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Past Performance

How has Farglory Free Trade Zone Investment Holding performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


24.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 5607 has high quality earnings.

Growing Profit Margin: 5607's current net profit margins (28.5%) are higher than last year (25.8%).


Past Earnings Growth Analysis

Earnings Trend: 5607's earnings have grown significantly by 24.4% per year over the past 5 years.

Accelerating Growth: 5607's earnings growth over the past year (59.1%) exceeds its 5-year average (24.4% per year).

Earnings vs Industry: 5607 earnings growth over the past year (59.1%) underperformed the Logistics industry 59.1%.


Return on Equity

High ROE: 5607's Return on Equity (14.1%) is considered low.


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Financial Health

How is Farglory Free Trade Zone Investment Holding's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 5607's short term assets (NT$2.1B) do not cover its short term liabilities (NT$2.7B).

Long Term Liabilities: 5607's short term assets (NT$2.1B) do not cover its long term liabilities (NT$10.0B).


Debt to Equity History and Analysis

Debt Level: 5607's net debt to equity ratio (75%) is considered high.

Reducing Debt: 5607's debt to equity ratio has increased from 43.1% to 98.9% over the past 5 years.

Debt Coverage: 5607's debt is well covered by operating cash flow (25.1%).

Interest Coverage: 5607's interest payments on its debt are well covered by EBIT (14.5x coverage).


Balance Sheet


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Dividend

What is Farglory Free Trade Zone Investment Holding current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


3.04%

Current Dividend Yield

Dividend Yield vs Market

Farglory Free Trade Zone Investment Holding Dividend Yield vs Market
How does Farglory Free Trade Zone Investment Holding dividend yield compare to the market?
SegmentDividend Yield
Company (Farglory Free Trade Zone Investment Holding)3.0%
Market Bottom 25% (TW)2.5%
Market Top 25% (TW)6.9%
Industry Average (Logistics)8.4%
Analyst forecast in 3 Years (Farglory Free Trade Zone Investment Holding)n/a

Notable Dividend: 5607's dividend (3.04%) is higher than the bottom 25% of dividend payers in the TW market (2.51%).

High Dividend: 5607's dividend (3.04%) is low compared to the top 25% of dividend payers in the TW market (6.91%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 5607 has been paying a dividend for less than 10 years.

Growing Dividend: 5607's dividend payments have increased, but the company has only paid a dividend for 4 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (43.9%), 5607's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: 5607 is paying a dividend but the company has no free cash flows.


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Management

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

15.0yrs

Average management tenure


CEO

Chia-Ling Lai

8.83yrs

Tenure

Ms. Chia-Ling Lai serves as Director of Farglory Free Trade Zone Co., Ltd. since May 20, 2022. She serves as President, Head of MIS Planning Dept, Head of Human Resource Dept and Head of Safety & Health De...


Leadership Team

Experienced Management: 5607's management team is seasoned and experienced (15 years average tenure).


Board Members

Experienced Board: 5607's board of directors are seasoned and experienced ( 12.3 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

What is the ownership structure of 5607?
Owner TypeNumber of SharesOwnership Percentage
Institutions2,424,6641.0%
Private Companies114,667,33745.0%
General Public137,887,09954.1%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10.9%.


Top Shareholders

Top 7 shareholders own 45.92% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
29.93%
Farglory Group
76,303,014NT$4.0b0%no data
15.05%
Farglory International Investment Co., Ltd.
38,364,323NT$2.0b0%no data
0.66%
Dimensional Fund Advisors LP
1,692,545NT$89.2m2.26%no data
0.23%
BNY Mellon Asset Management
588,898NT$31.0m2.78%no data
0.032%
State Street Global Advisors, Inc.
82,221NT$4.3m1.23%no data
0.012%
Mercer Global Investments Europe Limited
31,000NT$1.6m0%no data
0.012%
American Century Investment Management Inc
30,000NT$1.6m66.67%no data

Company Information

Farglory Free Trade Zone Investment Holding Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Farglory Free Trade Zone Investment Holding Co., Ltd.
  • Ticker: 5607
  • Exchange: TWSE
  • Founded: 1991
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Implied Market Cap: NT$13.437b
  • Shares outstanding: 254.98m
  • Website: https://www.ftz.com.tw

Number of Employees


Location

  • Farglory Free Trade Zone Investment Holding Co., Ltd.
  • No. 200, Keelung Road
  • 23rd Floor-1
  • Taipei
  • Taiwan


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
5607TWSE (Taiwan Stock Exchange)YesCommon StockTWTWDDec 1999

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/28 00:00
End of Day Share Price2022/09/28 00:00
Earnings2022/06/30
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.