Shanghai Commercial & Savings Bank Ltd (5876) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Shanghai Commercial & Savings Bank Ltd stock TWD 30.97, price TWD 51.00, that is 39.3% below the price, quality 27 out of 100. Rating: strongly 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 37.20 TWD – 55.40 TWD · fair‑value band 29.20 TWD – 46.00 TWD · the 51.00 TWD price screens above the 30.97 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
Follow Shanghai Commercial & Savings Bank in your weekly email
Every Wednesday you see whether Shanghai Commercial & Savings Bank is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
The Shanghai Commercial & Savings Bank, Ltd. provides various commercial banking services in Taiwan and Hong Kong. The company offers time, savings, demand, checking, and negotiable certificate of deposit accounts, as well as remittance services.
Show moreShow less
In addition, it offers traveling, human resources, insurance, microfinance, leasing, real estate, nominee, trustee, commodity trading, property holding, IT application, securities brokerage, and property management services.
Further, the company is involved in the purchase, evaluation, auction, and management of creditor's right of financial institutions; and investing in exchange fund bills and notes, and bonds. The Shanghai Commercial & Savings Bank, Ltd. was founded in 1915 and is headquartered in Taipei City, Taiwan.
Stock analysis
Shanghai Commercial & Savings Bank Ltd (5876) currently trades at 51.00 TWD, while our model-based Fair Value estimate is 30.97 TWD, 39% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of 48.66 TWD per share, and 1 of the 6 models we run sit above the 51.00 TWD price.
Bear case: the Asset-Based group reads lowest at 27.74 TWD, and 5 of the 6 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 29.20 TWD (bear) to 46.00 TWD (bull), the price of 51.00 TWD sits above 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 27/100 (below-average quality), in the Financial Services sector.
Mixed Growth: Spin-off in 2022: revenue and profit before it include the divested business. Growth is measured afresh from 2022.
Shanghai Commercial & Savings Bank Ltd reported revenue of 92.3B TWD in FY2025 versus 47.0B TWD in FY2021, a compound +18.4%/yr. Reported net income was 14.8B TWD in FY2025, compounding +1.0%/yr from FY2021.
Key figures
Market cap 310B TWD (≈ $9.5B) Mid · P/E ratio 16.3 · P/S ratio 6.80 · EPS (TTM) 3.12 TWD · Dividend yield 3.5% · Net margin 38.6% · Return on equity 7.7% · Return on assets (EBIT) 0.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 60 out of 100 (low confidence).
What moves the price
The share trades about 8% below its 52-week high and 33% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −28% fair-value upside, at −39%, 5876 screens richer than that median.
Fair Value models
Bear29.20 TWDFair Value 30.97 TWDBull46.00 TWD
Price 51.00 TWD · Downside -39.3%
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. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (1.14 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.
Best data coverage
Residual Income34.35 TWD36.43 TWD40.16 TWD76
Gordon GGM16.39 TWD34.10 TWD54.12 TWD66
DDM Multi-Stage16.39 TWD28.46 TWD35.78 TWD66
All 6 models by family
Dividend Discount
Gordon GGM16.39 TWD34.10 TWD54.12 TWD66
DDM Multi-Stage16.39 TWD28.46 TWD35.78 TWD66
Multiples
P/E Multiple29.51 TWD39.35 TWD49.19 TWD63
P/B Multiple43.48 TWD57.97 TWD72.46 TWD55
Asset-Based
NCAV (Graham)20.70 TWD27.74 TWD41.41 TWD54
Economic Profit
Residual Income34.35 TWD36.43 TWD40.16 TWD76
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.55/100
Spin-off in 2022: revenue and profit before it include the divested business. Growth is measured afresh from 2022.
Revenue growth 1 year
−5.7%
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.
+14.9%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
+0.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year−2.9%
Dividend (yield on the price)3.5%
Per share before 2022divided by the spin-off factor 1.013
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.−2.9% vs −0.3%, steady
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.41% → 20%
Compare Shanghai Commercial & Savings Bank Ltd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Banks - Regional · 998 stocks
Beats the industry median on 4/13 measures
Overall it trails its industry peers.
Valuation
Quality Score27 · Bottom 25%
Fair Value upside−39.3% · Bottom 25%
Profitability
Return on equity (12 months)7.7% · Below median
Return on assets0.6% · Bottom 25%
Net margin (12 months)38.6% · Top 25%
Operating margin (12 months)56.4% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)21.6% · Top 25%
Dividend yield (12 months)3.5% · Above median
Balance sheet
Debt / equity0.33× · Above median
Valuation Multiplesvs Banks - Regional median · lower = cheaper
P/E (12 months)16.3× · Priciest 25%
P/B1.51× · Priciest 25%
P/S (12 months)6.80× · Priciest 25%
EV/EBITDA15.3× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 8
FUTURE (revenue growth)100· sector 47
PAST (return on equity)31· sector 43
HEALTH (low debt)–
DIVIDEND (yield)70· sector 53
VALUE 0: the price sits above our fair-value range.
HEALTH: for banks, insurers and similar financial firms borrowed money is part of the business, so we do not rate debt here.
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). "Shanghai Commercial & Savings Bank Ltd Fair Value". https://www.fairvalue-calculator.com/stock/5876
Frequently asked questions
Is Shanghai Commercial & Savings Bank Ltd (5876) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 30.97 TWD versus a price of 51.00 TWD, about 39% lower (overvalued).
What is the fair value of 5876?
Our model-based fair value for Shanghai Commercial & Savings Bank Ltd is 30.97 TWD (as of Nov 7, 2026), built from audited fundamentals. The current price: 51.00 TWD.
What is the quality score of 5876?
Shanghai Commercial & Savings Bank Ltd has a Quality Score of 27/100. 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 Shanghai Commercial & Savings Bank Ltd (5876)?
Our model-based price target is the fair value of 30.97 TWD (as of Nov 7, 2026) from 6 valuation models. Cautious scenario 29.20 TWD, optimistic scenario 46.00 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Shanghai Commercial & Savings Bank Ltd stock forecast for 2026?
Our models put fair value at 30.97 TWD, about 39% lower versus a price of 51.00 TWD (overvalued). Cautious scenario 29.20 TWD, optimistic scenario 46.00 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Shanghai Commercial & Savings Bank Ltd (5876)?
Shanghai Commercial & Savings Bank Ltd reported trailing-twelve-month revenue of about 45.7B TWD (latest available figure, as of Nov 7, 2026).
Does Shanghai Commercial & Savings Bank Ltd pay a dividend?
Shanghai Commercial & Savings Bank Ltd currently shows a dividend yield of 3.49% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Shanghai Commercial & Savings Bank Ltd (5876) and when is the ex-dividend date?
Shanghai Commercial & Savings Bank Ltd pays a dividend of 1.78 TWD per share a year, a dividend yield of 3.5%. The last ex-dividend date was Jul 28, 2026. The payout ratio is 57.1% of earnings. Our assessment: Low payout. A low payout ratio: the dividend takes at most 60 % of earnings. Whether free cash flow covers it as well, we cannot see for this company.
What is the intrinsic value of Shanghai Commercial & Savings Bank Ltd (5876)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Shanghai Commercial & Savings Bank Ltd it is 30.97 TWD per share (as of Nov 7, 2026), against a price of 51.00 TWD. It is the blended result of 6 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Shanghai Commercial & Savings Bank Ltd stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 5876 trades above its calculated fair value: price 51.00 TWD, fair value 30.97 TWD, a gap of about −39% (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 5876?
No. The price is what the market pays today (51.00 TWD); the fair value is what the company's own numbers justify (30.97 TWD). For Shanghai Commercial & Savings Bank Ltd the two are 20.03 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Shanghai Commercial & Savings Bank Ltd worth?
The market values Shanghai Commercial & Savings Bank Ltd at about 310B TWD (market capitalisation, as of Nov 7, 2026). Per share that is 51.00 TWD; our models calculate a fair value of 30.97 TWD per share.
What do the bullish and bearish scenarios say about 5876?
Our models span a range for Shanghai Commercial & Savings Bank Ltd: cautious scenario 29.20 TWD, base 30.97 TWD, optimistic 46.00 TWD per share (as of Nov 7, 2026, price 51.00 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 5876?
Shanghai Commercial & Savings Bank Ltd trades at a price-to-earnings ratio of 16.3 (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 30.97 TWD is built from several models across several years. Other multiples: P/B 1.5, P/S 6.8, EV/EBITDA 15.3.
How solid is the balance sheet of Shanghai Commercial & Savings Bank Ltd (5876)?
Balance-sheet figures for Shanghai Commercial & Savings Bank Ltd (as of Nov 7, 2026): return on equity 7.7%, debt of 0.33 per unit of equity. They feed the Quality Score of 27/100, which measures business quality independently of the share price.
How far is 5876 from its 52-week high?
Shanghai Commercial & Savings Bank Ltd trades at 51.00 TWD, about 8% below its 52-week high of 55.40 TWD and 33% above the low of 38.40 TWD (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 30.97 TWD is for.
Which stocks are comparable to Shanghai Commercial & Savings Bank Ltd?
From the same area (Financial Services) we also value China Merchants Bank Co, DBS Group, UniCredit S.p.A, Mizuho Financial 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 Shanghai Commercial & Savings Bank Ltd stock attractive at the current price?
The data as of Nov 7, 2026: price 51.00 TWD, calculated fair value 30.97 TWD (−39%), Quality Score 27/100, 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 5876 calculated?
We run Shanghai Commercial & Savings Bank 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 30.97 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. Shanghai Commercial & Savings Bank 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 Shanghai Commercial & Savings Bank Ltd (5876)?
The closing price on Nov 6, 2026 was 51.00 TWD. Our model-based fair value is 30.97 TWD, about 39% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Shanghai Commercial & Savings Bank Ltd right now?
The price sits above even our optimistic bull case (46.00 TWD). The favourable scenario is already priced in. Weak quality (27/100) and above fair value at the same time, the margin of safety is missing on both counts. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Shanghai Commercial & Savings Bank Ltd (5876) come from?
Earnings per share at Shanghai Commercial & Savings Bank Ltd grew +0.3 % a year from 2014 to 2025. Broken into its drivers: revenue per share +7.1 %, EBIT margin −8.5 %, tax rate +1.3 %, residual (interest, one-offs) +1.0 %. 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 Shanghai Commercial & Savings Bank Ltd
How large is the market capitalisation of Shanghai Commercial & Savings Bank Ltd (5876)?
The market capitalisation of Shanghai Commercial & Savings Bank Ltd is 310B TWD (≈ $9.5B). 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 Shanghai Commercial & Savings Bank Ltd (5876)?
The price-to-sales ratio of Shanghai Commercial & Savings Bank Ltd is 6.80 (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 Shanghai Commercial & Savings Bank Ltd (5876)?
Earnings per share at Shanghai Commercial & Savings Bank Ltd are 3.12 TWD (price ÷ EPS = P/E 16.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Shanghai Commercial & Savings Bank Ltd (5876)?
The dividend yield of Shanghai Commercial & Savings Bank Ltd is 3.5% (payout 57.1%). 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 Shanghai Commercial & Savings Bank Ltd (5876)?
The net margin of Shanghai Commercial & Savings Bank Ltd is 38.6% (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 Shanghai Commercial & Savings Bank Ltd (5876)?
The return on equity (ROE) of Shanghai Commercial & Savings Bank Ltd is 7.7% (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 Shanghai Commercial & Savings Bank Ltd (5876)?
On an EBIT basis the return on assets of Shanghai Commercial & Savings Bank Ltd is 0.9% (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 Shanghai Commercial & Savings Bank Ltd (5876)?
The operating margin of Shanghai Commercial & Savings Bank Ltd is 56.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Shanghai Commercial & Savings Bank Ltd (5876)?
Revenue at Shanghai Commercial & Savings Bank Ltd is growing +21.6% versus a year earlier (3y avg +14.9%). 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 Shanghai Commercial & Savings Bank Ltd (5876)?
Earnings per share at Shanghai Commercial & Savings Bank Ltd are growing +9.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Shanghai Commercial & Savings Bank Ltd (5876) generate?
The free cash flow of Shanghai Commercial & Savings Bank Ltd is −30.3B 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 Shanghai Commercial & Savings Bank Ltd (5876) carry?
The net debt of Shanghai Commercial & Savings Bank Ltd is 36.8B 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.
Free · no account needed
Watch Shanghai Commercial & Savings Bank Ltd in the live analysis
One click puts Shanghai Commercial & Savings Bank Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Some data
Nov 7, 2026