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Ideal Bike Corporation (8933.TWO)

TWD4.38 -0.09 (-2.01%)
TW TWO Consumer Cyclical Leisure
Address No.497, Gangbu Road 435
Taichung, TW
CEO Ching-Wang Chen
IPO 2007-12-31
ISIN TW0008933003

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Description

Ideal Bike Corporation is a global enterprise specializing in the production and worldwide distribution of bicycles and their associated components. The company boasts a significant international presence, serving markets across China, Europe, Asia, America, and Oceania. Its operations encompass the complete manufacturing process, including machining, assembly, and direct sales of a diverse range of products. These offerings include standard bicycles, specialized indoor and outdoor training bikes, children's bicycles, and mini scooters, alongside all necessary parts and accessories. Established in 1980, Ideal Bike Corporation is based in Taichung, Taiwan.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
TWD4.38 -0.09 (-2.01%)
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Volume Profile
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Liquidity & share structure
Average Volume
422.7K
Beta
-0.26
Float Shares
294.67M
Free Float %
90.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+3.59% +8.89% -18.47% -27.08% -15.66% -18.33% -25.76% -56.64% -61.26% -71.04% -72.43%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
4.38
DCF (Unlevered) 7.15 +63.2%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.03
Distress
Piotroski F-Score
1 / 9
Weak
MOAT Score
1 / 10
No MOAT
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Leisure: +7.6%
    -17.2% Q1'26: -34.6% (vs Q1'25)
  • EPS growth Leisure: +13.2%
    -87.8% Q1'26: -36.4% (vs Q1'25)
  • FCF margin FCF growth · Leisure: +30.4%
    -10.1% Q1'26: -1.3% (vs Q1'25)
  • EBIT margin Leisure: +11.0%
    -19.7% Q1'26: -19.0% (vs Q1'25)
  • ROIC Leisure: +6.9%
    -15.6% Q1'26: -14.0% (vs Q1'25)
  • Share dilution Leisure: +0.0%
    +3.5% Q1'26: +1.5% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Leisure: -0.39×
    -3.96× Q1'26: -4.64× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.00) × ERP
WACC = 48% × Ke + 52% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 7.15 Current price: 4.38
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Revenue
5.59B
est: 5.84B (-4.2%)
3.65B
est: 6.85B (-46.7%)
2.65B
est: 5.84B (-54.6%)
2.19B
est: 5.84B (-62.4%)
5.84B
5.84B – 5.84B
+0.0% YoY
6.85B
6.85B – 6.85B
+17.3% YoY
EBITDA
561.37M
est: 125.58M (+347.0%)
-111.06M
est: 147.37M (-175.4%)
-100.98M
est: -139.67M (+27.7%)
-433.15M
est: -139.67M (-210.1%)
-139.67M
-139.67M – -139.67M
+0.0% YoY
-163.90M
-163.90M – -163.90M
-17.3% YoY
EBIT
496.01M
est: 27.42M (+1,709.2%)
-184.78M
est: 32.17M (-674.4%)
-170.53M
est: -221.76M (+23.1%)
-433.15M
est: -221.76M (-95.3%)
-221.76M
-221.76M – -221.76M
+0.0% YoY
-260.23M
-260.23M – -260.23M
-17.3% YoY
Net Income
334.36M
est: 435.91M (-23.3%)
-291.23M
est: 504.42M (-157.7%)
-232.95M
est: 451.35M (-151.6%)
-452.69M
est: 451.35M (-200.3%)
451.35M
451.35M – 451.35M
+0.0% YoY
522.28M
522.28M – 522.28M
+15.7% YoY
SGA
469.61M
est: 577.33M (-18.7%)
347.69M
est: 677.49M (-48.7%)
321.14M
est: 456.03M (-29.6%)
est: 456.03M (-100.0%)
456.03M
456.03M – 456.03M
+0.0% YoY
535.14M
535.14M – 535.14M
+17.3% YoY
EPS
1.11
est: 1.39 (-19.9%)
-0.97
est: 1.60 (-160.5%)
-0.74
est: 1.39 (-153.4%)
-1.39
est: 1.39 (-200.3%)
1.39
1.39 – 1.39
+0.0% YoY
1.60
1.60 – 1.60
+15.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-28 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-27 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-26 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-25 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-22 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-21 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-20 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-19 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-18 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-15 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-14 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-13 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-12 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-11 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-08 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-07 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-06 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-05 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-04 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-30 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-29 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-28 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-27 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-24 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-23 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-22 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-21 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-20 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-17 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-04-16 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-35.56M
OE per share TTM
-0.11
Owner's Yield
-2.23%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
14.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 2 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.00% 29.8K 0.39%
2 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 15.8K 0.28%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-1.21M
Shares Outstanding
326.72M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Ching-Wang Chen General Manager male
Darren Wu Chief Plant Manager of manufacturing division male
Julia Lai Chief Financial Officer, Vice President of Administration Division & Corporate Governance Officer female
Vanna Huang Associate Vice President of Sales Department & Senior Manager of Sales Division female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits