World Gym Corporation

World Gym Corporation

TTWSE:2762
79.40
TWD
+1.20
(+1.53%)
6.58EPS
12.52P/E
9.01BMarket Cap
Nov 18Next Earn
World Gym Corporation
TWSE:2762
(Taiwan Stock Exchange)

Recent

price

79.40

P/E

ratio

12.52

div

yld

7.81%

ROIC.AI

2020
2021
2022
2023
2024
2025
TTM
TWD
248.07
165.62
177.26
94.28
88.96
100.56
105.14
Revenue per Share
1.09
0.67
6.08
3.5
3.19
3.75
6.59
Basic EPS, GAAP
39.63
20.56
28.98
14.83
12.39
17.17
22.63
Free Cash Flow per Basic Share
- -
8.48
10.73
6.67
7.99
5.82
6.2
Dividend per Share
-4.63
28.97
25.9
23.3
28.59
26.48
24.59
Book Value per Share
-5.61
27.8
24.73
21.97
24.52
22.37
20.39
Tangible Book Value per Share
38
47
50
100
110
109
109
Basic Weighted Avg Shares
9,465
7,834
8,863
9,428
9,817
10,984
11,465
Sales/Revenue/Turnover
12.95
1.74
5.48
5.42
5.37
5.99
9.14
Operating Margin (%)
1,872
2,111
2,229
2,302
2,286
2,341
2,368
Depreciation Expense
42
32
304
350
352
409
719
Net Income, GAAP
84.71
55.55
16.41
21.26
21.06
20.96
20.87
Effective Tax Rate (%)
0.44
0.41
3.43
3.71
3.58
3.72
6.27
Profit Margin (%)
-7,058
-3,550
-3,750
-3,929
-3,865
-4,394
-4,422
Working Capital
7,942
8,572
8,677
8,501
8,057
8,745
8,656
LT Debt
-463
2,897
2,590
2,330
3,134
2,893
2,686
Total Equity
- -
0.55
3.06
3.1
3.24
3.84
6.05
Return on Invested Capital (%)
- -
1.46
3.69
4.01
4.03
4.38
6.65
Return on Capital (%)
- -
- -
11.07
14.21
12.88
13.58
26.19
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,420
1,880
1,880
LT Borrowings
240
210
180
LT Finance Leases
8,505
8,512
8,476
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
109
109
109
Market Capitalization
8,355
7,864
9,011

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,869
1,768
1,651
Cash, Cash Equivalents & STI
1,664
1,552
1,386
Accounts Receivable, Net
51
53
56
Inventories
28
32
34
Total Current Liabilities
6,263
6,176
6,073
Payables & Accruals
- -
- -
- -
ST Debt
2,420
1,880
1,880
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-143.84%
-7.7%
Free Cash Flow
- -
9%
37.16%
Net Income, GAAP
- -
172.17%
16.28%
Sales/Revenue/Turnover
- -
3.66%
11.89%
Total Cash Common Dividend
- -
- -
-27.95%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,336
2,464
2,475
2,542
9,817
2025
2,570
2,711
2,824
2,878
10,984
2026
2,811
2,951
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.86
1.21
0.57
0.55
3.19
2025
0.45
0.73
1.04
1.53
3.75
2026
2.01
2.01
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.52
1.97
7.99
2025
0.3
3.44
0.25
1.83
5.82
2026
- -
4.12
- -
- -
- -
Business
World Gym Corporation operates as a leading fitness and health service provider primarily in Taiwan, where it manages over 140 corporate-owned fitness clubs. The company offers a comprehensive range of fitness services including aerobic exercise classes, personal training, mixed martial arts, boxing, kickboxing, and fitness consulting. Its facilities feature premium amenities such as spas, saunas, swimming pools, and cutting-edge strength and cardio training equipment. Additionally, World Gym markets fitness-related products including sports apparel, accessories, nutrition products, and energy drinks, complementing its holistic fitness lifestyle offerings. The firm also operates specialty club formats such as "World Gym Express," which provides compact gyms focusing on core equipment, and "FITZONE," integrating heart rate training group programs supported by exclusive MYZONE heart rate technology. Founded in 2001 and headquartered in Taiwan, World Gym Corporation has grown to become the largest fitness chain in Taiwan through steady location expansion and strategic acquisitions, notably including the acquisition of World Gym International in 2024. This acquisition granted the company global operating rights to the iconic World Gym brand and significantly expanded its international footprint. Recently, the company has achieved substantial global growth milestones, including signing a Master Franchise Agreement to open at least 30 new World Gym locations in Mexico and expanding its franchise presence in Brazil with plans for 50 new gyms. The company is also rapidly increasing its footprint in Australia, adding five new franchise locations to its existing 60, and expanding its corporate-owned locations in Taiwan by five new clubs in 2025. World Gym's recent operational highlights include record revenue achievements in Taiwan, showcasing a 17.9% year-over-year revenue growth as of September 2025, driven by robust same-store sales increases and successful rollouts of new club locations. The company has also intensified the integration of technology in its services, including AI-based posture analysis and health data integration within its membership app. It continues to leverage strategic partnerships and acquisitions to strengthen its market leadership and expand its global presence while maintaining high standards of fitness services and community engagement. Overall, World Gym Corporation is an international fitness service leader with a broad portfolio of health club operations, fitness products, and new market expansions, maintaining its mission to improve health and wellness through quality fitness experiences globally.