HOYA Resort Hotel Group (2736) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of HOYA Resort Hotel Group stock TWD 10.07, price TWD 9.66, upside +4.3%, quality 30 out of 100. Rating: fairly valued. Calculated from audited financials with one 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 3, 2026.
How to read this chart
60‑month range 9.66 TWD – 52.70 TWD · fair‑value band 7.51 TWD – 15.03 TWD · the 9.66 TWD price screens below the 10.07 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.
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HOYA Resort Hotel Group operates hotels, resorts, and spas in Taiwan. The company also provides event packages to various company groups for events, such as staff trips, conferences, gatherings, and others. HOYA Resort Hotel Group was founded in 2008 and is based in Taitung, Taiwan.
Stock analysis
HOYA Resort Hotel Group (2736) currently trades at 9.66 TWD, while our model-based Fair Value estimate is 10.07 TWD, so the stock looks roughly fairly valued today (gap 4.1%).
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Valuation
How firm this estimate is: it rests on 1 models at a data quality of 92/100, which puts the data coverage at low.
Scenario range: 7.51 TWD (bear) to 15.03 TWD (bull), the price of 9.66 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 30/100 (below-average quality), in the Consumer Cyclical sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
HOYA Resort Hotel Group reported revenue of 524M TWD in FY2025 versus 493M TWD in FY2021, a compound +1.5%/yr. Reported net income was −131M TWD in FY2025.
Key figures
Market cap 773M TWD (≈ $23.6M) Micro · P/S ratio 1.51 · EPS (TTM) −1.54 TWD · Net margin −22.7% · Return on equity −9.6% · Return on assets (EBIT) −2.1% (5-year average) · Operating margin −28.1% · Revenue (TTM) 554M TWD.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 16 out of 100 (medium confidence).
What moves the price
The share trades about 41% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −27% fair-value upside, at 4%, 2736 screens cheaper than that median.
Fair Value models
Bear7.51 TWDFair Value 10.07 TWDBull15.03 TWD
Price 9.66 TWD · Upside +4.3%
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.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.
Best data coverage
NCAV (Graham)8.84 TWD11.85 TWD17.68 TWD54
All 1 models by family
Asset-Based
NCAV (Graham)8.84 TWD11.85 TWD17.68 TWD54
The fair value above starts from this blend and is adjusted for dilution from new shares.
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.6/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+36.1%
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.
−4.0%
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.
−3.7%
Start year 2020 (pandemic)
Revenue growth 8 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.
−2.7%
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Profit margin (trend) ⓘ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.
10.3% (2020) → −24.0% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
Compare HOYA Resort Hotel Group 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.Lodging · 159 stocks
Beats the industry median on 4/9 measures
A mixed picture versus its industry peers.
Valuation
Quality Score30 · Bottom 25%
Fair Value upside+4.3% · Above median
Profitability
Return on assets−5.4% · Bottom 25%
Net margin (12 months)−22.7% · Bottom 25%
Operating margin (12 months)−28.1% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)16.3% · Top 25%
Balance sheet
Debt / equity0.29× · Above median
Valuation Multiplesvs Lodging median · lower = cheaper
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). "HOYA Resort Hotel Group Fair Value". https://www.fairvalue-calculator.com/stock/2736
Frequently asked questions
Is HOYA Resort Hotel Group (2736) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of 10.07 TWD versus a price of 9.66 TWD, about +4% upside (fairly valued).
What is the fair value of 2736?
Our model-based fair value for HOYA Resort Hotel Group is 10.07 TWD (as of Nov 3, 2026), built from audited fundamentals. The current price: 9.66 TWD.
What is the quality score of 2736?
HOYA Resort Hotel Group has a Quality Score of 30/100. 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 HOYA Resort Hotel Group (2736)?
Our model-based price target is the fair value of 10.07 TWD (as of Nov 3, 2026) from 1 valuation models. Cautious scenario 7.51 TWD, optimistic scenario 15.03 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the HOYA Resort Hotel Group stock forecast for 2026?
Our models put fair value at 10.07 TWD, about +4% upside versus a price of 9.66 TWD (fairly valued). Cautious scenario 7.51 TWD, optimistic scenario 15.03 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of HOYA Resort Hotel Group (2736)?
HOYA Resort Hotel Group reported trailing-twelve-month revenue of about 554M TWD (latest available figure, as of Nov 3, 2026).
What is the intrinsic value of HOYA Resort Hotel Group (2736)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For HOYA Resort Hotel Group it is 10.07 TWD per share (as of Nov 3, 2026), against a price of 9.66 TWD. It is the blended result of 1 valuation models in 1 family (Asset-Based).
Is HOYA Resort Hotel Group stock overvalued or undervalued in 2026?
As of Nov 3, 2026, 2736 trades below its calculated fair value: price 9.66 TWD, fair value 10.07 TWD, a gap of about +4% (fairly valued). 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 2736?
No. The price is what the market pays today (9.66 TWD); the fair value is what the company's own numbers justify (10.07 TWD). For HOYA Resort Hotel Group the two are 0.4125 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is HOYA Resort Hotel Group worth?
The market values HOYA Resort Hotel Group at about 773M TWD (market capitalisation, as of Nov 3, 2026). Per share that is 9.66 TWD; our models calculate a fair value of 10.07 TWD per share.
What do the bullish and bearish scenarios say about 2736?
Our models span a range for HOYA Resort Hotel Group: cautious scenario 7.51 TWD, base 10.07 TWD, optimistic 15.03 TWD per share (as of Nov 3, 2026, price 9.66 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of HOYA Resort Hotel Group (2736)?
Balance-sheet figures for HOYA Resort Hotel Group (as of Nov 3, 2026): return on equity −9.6%, debt of 0.29 per unit of equity. They feed the Quality Score of 30/100, which measures business quality independently of the share price.
How far is 2736 from its 52-week high?
HOYA Resort Hotel Group trades at 9.66 TWD, about 41% below its 52-week high of 16.35 TWD and at the low of 9.66 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 10.07 TWD is for.
Which stocks are comparable to HOYA Resort Hotel Group?
From the same area (Consumer Cyclical) we also value Marriott International, Inc, Hilton Worldwide Holdings, Hyatt Hotels Corporation, H World Group, 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 HOYA Resort Hotel Group stock attractive at the current price?
The data as of Nov 3, 2026: price 9.66 TWD, calculated fair value 10.07 TWD (+4%), Quality Score 30/100, from 1 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 2736 calculated?
We run HOYA Resort Hotel Group through 1 models from 1 family: Asset-Based. Every model gets the same audited fundamentals; the fair value of 10.07 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 13.0% above its aggregate fair value. HOYA Resort Hotel Group currently trades 4% below its own fair value, and the market average says nothing about that. 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 HOYA Resort Hotel Group (2736)?
The closing price on Nov 6, 2026 was 9.66 TWD. Our model-based fair value is 10.07 TWD, about +4% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with HOYA Resort Hotel Group right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (7.51 TWD to 15.03 TWD) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of HOYA Resort Hotel Group
How large is the market capitalisation of HOYA Resort Hotel Group (2736)?
The market capitalisation of HOYA Resort Hotel Group is 773M TWD (≈ $23.6M). 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 HOYA Resort Hotel Group (2736)?
The price-to-sales ratio of HOYA Resort Hotel Group is 1.51 (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 HOYA Resort Hotel Group (2736)?
Earnings per share at HOYA Resort Hotel Group are −1.54 TWD. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of HOYA Resort Hotel Group (2736)?
The net margin of HOYA Resort Hotel Group is −22.7% (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 HOYA Resort Hotel Group (2736)?
The return on equity (ROE) of HOYA Resort Hotel Group is −9.6% (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 HOYA Resort Hotel Group (2736)?
On an EBIT basis the return on assets of HOYA Resort Hotel Group is −2.1% (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 HOYA Resort Hotel Group (2736)?
The operating margin of HOYA Resort Hotel Group is −28.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at HOYA Resort Hotel Group (2736)?
Revenue at HOYA Resort Hotel Group is growing +16.3% versus a year earlier (3y avg −4.0%). 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 HOYA Resort Hotel Group (2736)?
Earnings per share at HOYA Resort Hotel Group are growing +63.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does HOYA Resort Hotel Group (2736) generate?
The free cash flow of HOYA Resort Hotel Group is −49.7M 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 HOYA Resort Hotel Group (2736) carry?
The net debt of HOYA Resort Hotel Group is 193M 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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Thin data
Nov 3, 2026