Hung Ching Development & Construction Co Ltd (2527) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Hung Ching Development & Construction Co Ltd stock TWD 30.85, price TWD 41.90, that is 26.4% below the price, quality 33 out of 100. Rating: overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range 19.12 TWD – 63.20 TWD · fair‑value band 16.41 TWD – 43.89 TWD · the 41.90 TWD price screens above the 30.85 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 7, 2026.
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Hung Ching Development & Construction Co. Ltd. engages in the development and construction of residential and commercial buildings for rent and sale, and other related businesses in Taiwan and China. The company operates through Property Development; Construction; Lease; and Other segments.
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It also engages in the retail of household appliances and supplies; construction engineering contracting; leasing of shopping mall and office building; real estate development; technical consulting services of electronic engineering and architectural engineering; and operates department stores and parking lots.
In addition, the company offers lease of investment property; consulting services of property management and construction; management consultant; general investment; electronic engineering technology consulting; construction engineering technology consulting; and engineering construction and technical consulting services.
Hung Ching Development & Construction Co. Ltd was founded in 1975 and is based in Taipei, Taiwan.
Stock analysis
Hung Ching Development & Construction Co Ltd (2527) currently trades at 41.90 TWD, while our model-based Fair Value estimate is 30.85 TWD, 26% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 73.47 TWD per share, and 1 of the 6 models we run sit above the 41.90 TWD price.
Bear case: the Dividend Discount group reads lowest at 29.20 TWD, and 5 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: 16.41 TWD (bear) to 43.89 TWD (bull), the price of 41.90 TWD sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 33/100 (below-average quality), in the Real Estate sector.
Mixed Growth: Spin-off in 2011: revenue and profit before it include the divested business. Growth is measured afresh from 2011.
Hung Ching Development & Construction Co Ltd reported revenue of 659M TWD in FY2025 versus 7.0B TWD in FY2021, a compound −44.6%/yr. Reported net income was 245M TWD in FY2025, compounding −37.7%/yr from FY2021.
Key figures
Market cap 11.0B TWD (≈ $334M) Small · P/E ratio 7.4 · P/S ratio 2.09 · EPS (TTM) 5.67 TWD · Dividend yield 3.6% · Net margin 28.4% · Return on equity 5.9% · Return on assets (EBIT) 3.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 36 out of 100 (low confidence).
What moves the price
The share trades about 20% below its 52-week high and 68% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −16% fair-value upside, at −26%, 2527 screens richer than that median.
Fair Value models
Bear16.41 TWDFair Value 30.85 TWDBull43.89 TWD
Price 41.90 TWD · Downside -26.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (3.58 TWD per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.55/100
Spin-off in 2011: revenue and profit before it include the divested business. Growth is measured afresh from 2011.
Revenue growth 1 year
−90.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−22.0%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−28.3%
Start year 2020 (pandemic). Over 10 years: −13.9% a year
Revenue growth 14 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.0%
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What shareholders gained per year (last 5 years), in TWD ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in TWD: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−14.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−18.4%
Dividend (yield on the price)3.6%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−18.4% vs −9.1%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.15% → 3%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 2.3%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Compare Hung Ching Development & Construction Co Ltd with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Real Estate Services · 472 stocks
Beats the industry median on 9/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score33 · Bottom 25%
Fair Value upside−26.4% · Below median
Profitability
Return on equity (12 months)5.9% · Above median
Return on assets0.7% · Below median
Net margin (12 months)28.4% · Above median
Operating margin (12 months)−18.1% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)40.1% · Top 25%
Dividend yield (12 months)3.6% · Above median
Balance sheet
Debt / equity0.20× · Below median
Valuation Multiplesvs Real Estate Services median · lower = cheaper
P/E (12 months)7.4× · Cheaper than median
P/B0.64× · Cheaper than median
P/S (12 months)2.09× · Cheaper than median
EV/EBITDA9.8× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 55
FUTURE (revenue growth)100· sector 19
PAST (return on equity)24· sector 19
HEALTH (low debt)90· sector 83
DIVIDEND (yield)72· sector 66
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Hung Ching Development & Construction Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/2527
Frequently asked questions
Is Hung Ching Development & Construction Co Ltd (2527) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 30.85 TWD versus a price of 41.90 TWD, about 26% lower (overvalued).
What is the fair value of 2527?
Our model-based fair value for Hung Ching Development & Construction Co Ltd is 30.85 TWD (as of Nov 7, 2026), built from audited fundamentals. The current price: 41.90 TWD.
What is the quality score of 2527?
Hung Ching Development & Construction Co Ltd has a Quality Score of 33/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Hung Ching Development & Construction Co Ltd (2527)?
Our model-based price target is the fair value of 30.85 TWD (as of Nov 7, 2026) from 6 valuation models. Cautious scenario 16.41 TWD, optimistic scenario 43.89 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Hung Ching Development & Construction Co Ltd stock forecast for 2026?
Our models put fair value at 30.85 TWD, about 26% lower versus a price of 41.90 TWD (overvalued). Cautious scenario 16.41 TWD, optimistic scenario 43.89 TWD. The calculation is refreshed regularly with new filings.
Does Hung Ching Development & Construction Co Ltd pay a dividend?
Hung Ching Development & Construction Co Ltd currently shows a dividend yield of 3.58% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Hung Ching Development & Construction Co Ltd (2527) and when is the ex-dividend date?
Hung Ching Development & Construction Co Ltd pays a dividend of 1.50 TWD per share a year, a dividend yield of 3.6%. The last ex-dividend date was Aug 24, 2026. The payout ratio is 26.5% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Hung Ching Development & Construction Co Ltd (2527)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Hung Ching Development & Construction Co Ltd it is 30.85 TWD per share (as of Nov 7, 2026), against a price of 41.90 TWD. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Hung Ching Development & Construction Co Ltd stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 2527 trades above its calculated fair value: price 41.90 TWD, fair value 30.85 TWD, a gap of about −26% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 2527?
No. The price is what the market pays today (41.90 TWD); the fair value is what the company's own numbers justify (30.85 TWD). For Hung Ching Development & Construction Co Ltd the two are 11.05 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Hung Ching Development & Construction Co Ltd worth?
The market values Hung Ching Development & Construction Co Ltd at about 11.0B TWD (market capitalisation, as of Nov 7, 2026). Per share that is 41.90 TWD; our models calculate a fair value of 30.85 TWD per share.
What do the bullish and bearish scenarios say about 2527?
Our models span a range for Hung Ching Development & Construction Co Ltd: cautious scenario 16.41 TWD, base 30.85 TWD, optimistic 43.89 TWD per share (as of Nov 7, 2026, price 41.90 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 2527?
Hung Ching Development & Construction Co Ltd trades at a price-to-earnings ratio of 7.4 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 30.85 TWD is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 13.5. Other multiples: P/B 0.6, P/S 2.1, EV/EBITDA 9.8.
How solid is the balance sheet of Hung Ching Development & Construction Co Ltd (2527)?
Balance-sheet figures for Hung Ching Development & Construction Co Ltd (as of Nov 7, 2026): return on equity 5.9%, debt of 0.20 per unit of equity. They feed the Quality Score of 33/100, which measures business quality independently of the share price.
How far is 2527 from its 52-week high?
Hung Ching Development & Construction Co Ltd trades at 41.90 TWD, about 20% below its 52-week high of 52.70 TWD and 68% above the low of 24.90 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 30.85 TWD is for.
Which stocks are comparable to Hung Ching Development & Construction Co Ltd?
From the same area (Real Estate) we also value CBRE Group, Cellnex Telecom, S.A, KE Holdings, Swire Properties Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Hung Ching Development & Construction Co Ltd stock attractive at the current price?
The data as of Nov 7, 2026: price 41.90 TWD, calculated fair value 30.85 TWD (−26%), Quality Score 33/100, from 6 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 2527 calculated?
We run Hung Ching Development & Construction Co Ltd through 6 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of 30.85 TWD builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Hung Ching Development & Construction Co Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Hung Ching Development & Construction Co Ltd (2527)?
The closing price on Nov 9, 2026 was 41.90 TWD. Our model-based fair value is 30.85 TWD, about 26% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Hung Ching Development & Construction Co Ltd right now?
Weak quality (33/100) and above fair value at the same time, the margin of safety is missing on both counts. The model range is unusually wide (16.41 TWD to 43.89 TWD). The outcome hinges heavily on assumptions, so read the point estimate with caution. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Where does the earnings growth of Hung Ching Development & Construction Co Ltd (2527) come from?
Earnings per share at Hung Ching Development & Construction Co Ltd grew +3.1 % a year from 2014 to 2025. Broken into its drivers: revenue per share +2.2 %, EBIT margin +2.0 %, tax rate +0.0 %, residual (interest, one-offs) −1.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Hung Ching Development & Construction Co Ltd
How large is the market capitalisation of Hung Ching Development & Construction Co Ltd (2527)?
The market capitalisation of Hung Ching Development & Construction Co Ltd is 11.0B TWD (≈ $334M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Hung Ching Development & Construction Co Ltd (2527)?
The price-to-sales ratio of Hung Ching Development & Construction Co Ltd is 2.09 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Hung Ching Development & Construction Co Ltd (2527)?
Earnings per share at Hung Ching Development & Construction Co Ltd are 5.67 TWD (price ÷ EPS = P/E 7.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Hung Ching Development & Construction Co Ltd (2527)?
The dividend yield of Hung Ching Development & Construction Co Ltd is 3.6% (payout 26.5%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Hung Ching Development & Construction Co Ltd (2527)?
The net margin of Hung Ching Development & Construction Co Ltd is 28.4% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Hung Ching Development & Construction Co Ltd (2527)?
The return on equity (ROE) of Hung Ching Development & Construction Co Ltd is 5.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Hung Ching Development & Construction Co Ltd (2527)?
On an EBIT basis the return on assets of Hung Ching Development & Construction Co Ltd is 3.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Hung Ching Development & Construction Co Ltd (2527)?
The operating margin of Hung Ching Development & Construction Co Ltd is −18.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Hung Ching Development & Construction Co Ltd (2527)?
Revenue at Hung Ching Development & Construction Co Ltd is growing +40.1% versus a year earlier (3y avg −22.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Hung Ching Development & Construction Co Ltd (2527)?
Earnings per share at Hung Ching Development & Construction Co Ltd are growing −90.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Hung Ching Development & Construction Co Ltd (2527) generate?
The free cash flow of Hung Ching Development & Construction Co Ltd is −984M TWD (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Hung Ching Development & Construction Co Ltd (2527) carry?
The net debt of Hung Ching Development & Construction Co Ltd is 12.2B TWD (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Broad data
Nov 7, 2026