OTCPK:FETL.F

Stock Analysis Report

Far EasTone Telecommunications

Executive Summary

Far EasTone Telecommunications Co., Ltd. provides wireless communications, leased circuit, Internet, and international simple resale services in the People’s Republic of China.

Snowflake

Fundamentals

Imperfect balance sheet unattractive dividend payer.


Similar Companies

Share Price & News

How has Far EasTone Telecommunications's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:FETL.F

-1.0%

US Wireless Telecom

-0.02%

US Market


1 Year Return

n/a

OTCPK:FETL.F

5.3%

US Wireless Telecom

1.6%

US Market

No trading data on FETL.F.

No trading data on FETL.F.


Share holder returns

FETL.FIndustryMarket
7 Day0%-1.0%-0.02%
30 Day0%2.0%2.7%
90 Dayn/a-1.0%1.4%
1 Yearn/a6.5%5.3%3.8%1.6%
3 Yearn/a33.5%28.3%45.2%35.8%
5 Yearn/a41.2%27.1%61.8%44.1%

Price Volatility Vs. Market

How volatile is Far EasTone Telecommunications's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Far EasTone Telecommunications undervalued based on future cash flows and its price relative to the stock market?

6%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Far EasTone Telecommunications's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Far EasTone Telecommunications's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Far EasTone Telecommunications is overvalued based on earnings compared to the US Wireless Telecom industry average.

Far EasTone Telecommunications is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Far EasTone Telecommunications is poor value based on expected growth next year.


Price Based on Value of Assets

Far EasTone Telecommunications is overvalued based on assets compared to the US Wireless Telecom industry average.


Next Steps

Future Growth

How is Far EasTone Telecommunications expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

0.06%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Far EasTone Telecommunications's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Far EasTone Telecommunications's earnings are expected to grow by 0.1% yearly, however this is not considered high growth (20% yearly).

Far EasTone Telecommunications's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Far EasTone Telecommunications's earnings growth is positive but not above the United States of America market average.

Far EasTone Telecommunications's earnings growth is positive but not above the low risk savings rate of 3%.


Earnings per Share Growth Estimates


Future Return on Equity

Far EasTone Telecommunications is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Far EasTone Telecommunications performed over the past 5 years?

-3.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Far EasTone Telecommunications's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Far EasTone Telecommunications's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Far EasTone Telecommunications's 1-year earnings growth is negative, it can't be compared to the Global Wireless Telecom industry average.


Return on Equity

Far EasTone Telecommunications has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Far EasTone Telecommunications used its assets less efficiently than the US Wireless Telecom industry average last year based on Return on Assets.


Return on Capital Employed

Far EasTone Telecommunications's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Far EasTone Telecommunications's financial position?


Financial Position Analysis

Far EasTone Telecommunications's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Far EasTone Telecommunications's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Far EasTone Telecommunications's level of debt (45.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (16.5% vs 45.4% today).

Debt is well covered by operating cash flow (75.8%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 36.3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.9x debt.


Next Steps

Dividend

What is Far EasTone Telecommunications's current dividend yield, its reliability and sustainability?

5.19%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Far EasTone Telecommunications's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.51%).

Far EasTone Telecommunications's dividend is above the markets top 25% of dividend payers in United States of America (3.76%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are not well covered by earnings (0.8x coverage).


Future Payout to Shareholders

Dividends after 3 years are not well covered by earnings (0.8x coverage).


Next Steps

Management

What is the CEO of Far EasTone Telecommunications's salary, the management and board of directors tenure and is there insider trading?

3.7yrs

Average management tenure


CEO

Yvonne Li 0

8.3yrs

Tenure

0

Ms. Yvonne Li has been the President of Far EasTone Telecommunications Co., Ltd. since September 10, 2010. Ms. Li serves as the President at ARCOA Communication Co., Ltd. Ms. Li served Chief Commercial Off ...


Management Age and Tenure

3.7yrs

Average Tenure

The tenure for the Far EasTone Telecommunications management team is about average.


Board Age and Tenure

14.6yrs

Average Tenure

74yo

Average Age

The average tenure for the Far EasTone Telecommunications board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month insider trading information.


Ownership Breakdown


Management Team

  • Nils Nilsson

    MD & Director

    • Tenure: 15.6yrs
  • Iris Su

    Chief Auditor of Internal Audit

    • Tenure: 3.8yrs
  • Eton Shu

    Executive Vice President of Information Technology Division

    • Tenure: 8.4yrs
  • Herman Rao

    Executive Vice President of Network & Technology

    • Tenure: 10.8yrs
  • Yvonne Li

    President

    • Tenure: 8.3yrs
  • Sherman Lee

    Acting CFO

    • Tenure: 0.9yrs
  • Yaling Lang

    Senior Director of Public Relations & Brand Management

    • Tenure: 3.7yrs
  • Andrea Shen

    Acting Accounting Officer & Senior Director of Strategy & Finance

    • Tenure: 0.9yrs
  • Vivian Lee

    Senior Vice President Legal & Procurement

    • Tenure: 0.9yrs
  • Olivia Chew

    Senior Vice President of Human Resources & Facility

    • Tenure: 0.9yrs

Board Members

  • Lawrence Lau (74yo)

    Independent Director

    • Tenure: 13.6yrs
  • Nils Nilsson

    MD & Director

    • Tenure: 15.6yrs
  • Douglas Hsu (76yo)

    Chairman

    • Tenure: 21.7yrs
  • Toon Lim (75yo)

    Director

    • Tenure: 6.5yrs
  • Champion Lee (70yo)

    Director

    • Tenure: 15.6yrs
  • Peter Hsu (73yo)

    Vice Chairman

    • Tenure: 0.3yrs
    • Compensation: NT$122.28m
  • Jeff Hsu

    Director

    • Tenure: 15.6yrs
  • Chung Liu

    Independent Director

    • Tenure: 3.5yrs
  • Bonnie Peng

    Director

    • Tenure: 18yrs
  • Keijiro Murayama

    Director

    • Tenure: 1.4yrs

Company Information

Far EasTone Telecommunications Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Far EasTone Telecommunications Co., Ltd.
  • Ticker: FETL.F
  • Exchange: OTCPK
  • Founded: 1997
  • Industry: Wireless Telecommunication Services
  • Sector: Telecom
  • Market Cap: NT$235.915b
  • Listing Market Cap: NT$7.642b
  • Shares outstanding: 3.26b
  • Website: https://www.fetnet.net

Number of Employees


Location

  • Far EasTone Telecommunications Co., Ltd.
  • 468 Ruei Guang Road
  • Nei Hu District
  • Taipei
  • 11492
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
4904TSEC (Taiwan Stock Exchange)YesCommon StockTWTWDDec 2001
FETL.FOTCPK (Pink Sheets LLC)SP GDR REG S NEWUSUSDJun 2004
FEASTBDL (Bourse de Luxembourg)SP GDR REG S NEWLUUSDJun 2004
FECLSE (London Stock Exchange)SP GDR REG S NEWGBUSDJun 2004

Biography

Far EasTone Telecommunications Co., Ltd. provides wireless communications, leased circuit, Internet, and international simple resale services in the People’s Republic of China. It operates through Mobile S ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2018/12/15 23:53
End of Day Share Price2018/09/17 00:00
Earnings2018/09/30
Annual Earnings2017/12/31


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.