La Kaffa International Co., Ltd. AI Stock Analysis
La Kaffa International Co., Ltd. (2732) AI Stock Analysis
La Kaffa International Co., Ltd.
(TPEx:2732)
The score is held back primarily by weak financial performance: net income collapsed to NT$50mn with a 1.17% net margin and 2.8% ROE, while debt surged 56% and debt-to-equity nearly doubled to 1.73x to fund expansion. Technicals reinforce the caution, with the price below all major moving averages and a negative MACD, though deeply oversold RSI and Stochastic readings hint at potential short-term stabilization. Supporting the score are genuine positives: renewed revenue growth, steadily improving gross margin to 51.6%, robust free cash flow of NT$420mn (well above reported earnings), and an attractive 6.72% dividend yield at a moderate 17.5x P/E. Overall, this is a cash-generative business currently working through a margin and leverage setback that needs to show earnings recovery and deleveraging to re-rate higher.
La Kaffa International Co., Ltd. (2732) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 2.67B
- Dividend Yield
- 6.67%
- Average Volume (3M)
- 25.69K
- Price to Earnings (P/E)
- 16.7
- Beta (1Y)
- 0.13
- Revenue Growth
- 26.17%
- EPS Growth
- 282.20%
- Country
- TW
- Employees
- 1,364
- Sector
- General
- Sector Strength
- 55
- Industry
- Restaurants
La Kaffa International Co., Ltd. Business Overview & Revenue Model
Company Description
La Kaffa International Co., Ltd., founded in 2004 and headquartered in Zhubei City, Taiwan, operates a global network of cafes and food establishments. These outlets serve a diverse menu, encompassing popular beverages like tea and coffee, alongside...
La Kaffa International Co., Ltd. Financial Statement Overview
Summary
A mixed and currently strained profile. Revenue returned to growth (+4.98% to NT$4.30bn) and gross margin improved impressively to 51.6%, but operating profit and net income collapsed — net margin fell to 1.17% from 5.45% and ROE dropped to 2.8% from 11.2%. The balance sheet weakened materially, with total debt up 56% to NT$3.06bn and debt-to-equity nearly doubling to 1.73x as expansion was funded by borrowings rather than retained earnings. The offset is strong cash generation: operating cash flow of NT$577mn and free cash flow up 35.8% to NT$420mn, far above reported net income, suggesting much of the profit decline is non-cash and expansion-related. Leverage and margin recovery remain the key issues to watch.
Income Statement
44NeutralBalance Sheet
41NeutralCash Flow
68Positive| Breakdown | TTM | Mar 2026 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.99B | 4.30B | 4.01B | 4.10B | 4.21B | 4.18B |
| Gross Profit | 2.53B | 2.22B | 2.05B | 1.99B | 1.85B | 1.71B |
| EBITDA | 631.29M | 563.26M | 674.42M | 689.54M | 667.40M | 520.14M |
| Net Income | 169.22M | 50.24M | 218.60M | 292.33M | 296.86M | 135.64M |
Balance Sheet | ||||||
| Total Assets | 5.81B | 6.12B | 5.15B | 5.01B | 4.35B | 4.17B |
| Cash, Cash Equivalents and Short-Term Investments | 883.80M | 1.63B | 1.22B | 1.21B | 816.63M | 906.33M |
| Total Debt | 2.63B | 3.06B | 1.96B | 1.87B | 1.33B | 1.20B |
| Total Liabilities | 3.60B | 3.92B | 2.79B | 2.80B | 2.20B | 2.08B |
| Stockholders Equity | 1.78B | 1.77B | 1.96B | 1.87B | 1.85B | 1.78B |
Cash Flow | ||||||
| Free Cash Flow | 534.80M | 420.39M | 310.21M | 452.93M | 415.93M | 106.14M |
| Operating Cash Flow | 716.33M | 576.93M | 467.71M | 720.44M | 545.39M | 206.04M |
| Investing Cash Flow | -645.03M | -591.45M | 49.09M | -228.26M | -113.29M | 93.99M |
| Financing Cash Flow | -115.56M | 467.98M | -592.08M | -111.85M | -512.76M | -462.12M |
La Kaffa International Co., Ltd. Peers Comparison
Overall Rating
TW:273959Neutral
TW:294557Neutral
TW:123355Neutral
TW:275454Neutral- TW:273251Neutral
TW:272239Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:2739 | 59Neutral | TWD 3.02B | 8.18 | ― | 7.83% | 2.69% | 414.01% |
| TW:2945 | 57Neutral | TWD 2.60B | 20.88 | ― | 3.89% | 23.01% | -26.72% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TW:1233 | 55Neutral | TWD 2.58B | 30.59 | ― | 0.70% | 1.42% | 17.11% |
| TW:2754 | 54Neutral | TWD 2.89B | 13.70 | ― | 1.62% | 6.28% | 91.71% |
| TW:2732 | 51Neutral | TWD 2.79B | 16.70 | ― | 6.67% | 26.17% | 282.20% |
| TW:2722 | 39Underperform | TWD 2.71B | -33.16 | ― | 0.79% | -6.05% | -28.49% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:2732 | La Kaffa International Co., Ltd. | 60.00 | -9.04 | -13.09% | |
| TW:1233 | Ten Ren Tea Co., Ltd. | 28.45 | -2.34 | -7.59% | |
| TW:2722 | Chateau International Development Co. Ltd. | 18.90 | -9.75 | -34.03% | |
| TW:2739 | My Humble House Hospitality Management Consulting Co Ltd | 32.95 | -1.29 | -3.77% | |
| TW:2754 | Kura Sushi Asia Co., Ltd. | 61.60 | -24.30 | -28.29% | |
| TW:2945 | Simple Mart Retail Co., Ltd. | 38.55 | 2.04 | 5.58% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 09, 2026