TSG Star Travel Corp. (2719) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of TSG Star Travel Corp. stock TWD 4.27, price TWD 17.55, that is 75.7% below the price, quality 42 out of 100. Rating: strongly overvalued. Calculated from audited financials with 2 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 17.30 TWD – 112.00 TWD · fair‑value band 2.97 TWD – 6.87 TWD · the 17.55 TWD price screens above the 4.27 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
Follow TSG Star Travel in your weekly email
Every Wednesday you see whether TSG Star Travel 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.
TSG Star Travel Corp. engages in the travel business in Northeast Asia, Japan and Southeast Asia. The company offers tourists; and provides related services such as transportation, accommodation, and activity design.
Show moreShow less
The company is also involved in general wholesale and retail activities and management consulting services. The company was formerly known as Star Travel Corp. The company was founded in 2003 and is based in New Taipei City, Taiwan.
TSG Star Travel Corp. operates as a subsidiary of E-Top Metal Co. Ltd.
Stock analysis
TSG Star Travel Corp. (2719) currently trades at 17.55 TWD, while our model-based Fair Value estimate is 4.27 TWD, 76% below the price, so the stock looks overvalued today.
Show more
Valuation
How firm this estimate is: it rests on 2 models at a data quality of 95/100, which puts the data coverage at low.
Scenario range: 2.97 TWD (bear) to 6.87 TWD (bull), the price of 17.55 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 42/100 (below-average quality), in the Consumer Cyclical sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
TSG Star Travel Corp. reported revenue of 2.0B TWD in FY2025 versus 33.1M TWD in FY2021, a compound +177.4%/yr. Reported net income was −10.0M TWD in FY2025.
Key figures
Market cap 1.2B TWD (≈ $37.0M) Micro · P/E ratio 25.8 · P/S ratio 0.70 · EPS (TTM) 0.6800 TWD · Net margin 2.8% · Return on equity 6.6% · Return on assets (EBIT) −7.8% (5-year average) · Operating margin 1.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 29 out of 100 (medium confidence).
What moves the price
The share trades about 53% below its 52-week high and 1% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 10% fair-value upside, at −76%, 2719 screens richer than that median.
Fair Value models
Bear2.97 TWDFair Value 4.27 TWDBull6.87 TWD
Price 17.55 TWD · Downside -75.7%
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 (0.5831 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.52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−14.2%
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.
+188.4%
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.
+65.0%
Start year 2020 (pandemic)
Revenue growth 6 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.
+2.5%
’19
’20
’21
’22
’23
’24
’25
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.
−54.3% (2020) → −1.4% (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
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.Travel Services · 87 stocks
Beats the industry median on 3/12 measures
Overall it trails its industry peers.
Valuation
Quality Score42 · Bottom 25%
Fair Value upside−75.7% · Bottom 25%
Profitability
Return on equity (12 months)6.6% · Below median
Return on assets−0.9% · Bottom 25%
Net margin (12 months)2.8% · Below median
Operating margin (12 months)1.4% · Below median
Growth and dividend
Revenue growth (quarter YoY)−31.3% · Bottom 25%
Balance sheet
Debt / equity0.10× · Below median
Valuation Multiplesvs Travel Services median · lower = cheaper
P/E (12 months)25.8× · Pricier than median
P/B1.72× · Cheaper than median
P/S (12 months)0.70× · Cheaper than median
EV/EBITDA24.6× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 54
FUTURE (revenue growth)0· sector 9
PAST (return on equity)26· sector 33
HEALTH (low debt)95· sector 94
DIVIDEND (yield)0· sector 40
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). "TSG Star Travel Corp. Fair Value". https://www.fairvalue-calculator.com/stock/2719
Frequently asked questions
Is TSG Star Travel Corp. (2719) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 4.27 TWD versus a price of 17.55 TWD, about 76% lower (overvalued).
What is the fair value of 2719?
Our model-based fair value for TSG Star Travel Corp. is 4.27 TWD (as of Nov 7, 2026), built from audited fundamentals. The current price: 17.55 TWD.
What is the quality score of 2719?
TSG Star Travel Corp. has a Quality Score of 42/100. 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 TSG Star Travel Corp. (2719)?
Our model-based price target is the fair value of 4.27 TWD (as of Nov 7, 2026) from 2 valuation models. Cautious scenario 2.97 TWD, optimistic scenario 6.87 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the TSG Star Travel Corp. stock forecast for 2026?
Our models put fair value at 4.27 TWD, about 76% lower versus a price of 17.55 TWD (overvalued). Cautious scenario 2.97 TWD, optimistic scenario 6.87 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of TSG Star Travel Corp. (2719)?
TSG Star Travel Corp. reported trailing-twelve-month revenue of about 1.7B TWD (latest available figure, as of Nov 7, 2026).
What is the intrinsic value of TSG Star Travel Corp. (2719)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For TSG Star Travel Corp. it is 4.27 TWD per share (as of Nov 7, 2026), against a price of 17.55 TWD. It is the blended result of 2 valuation models in 2 families (DCF Models, Asset-Based).
Is TSG Star Travel Corp. stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 2719 trades above its calculated fair value: price 17.55 TWD, fair value 4.27 TWD, a gap of about −76% (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 2719?
No. The price is what the market pays today (17.55 TWD); the fair value is what the company's own numbers justify (4.27 TWD). For TSG Star Travel Corp. the two are 13.28 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is TSG Star Travel Corp. worth?
The market values TSG Star Travel Corp. at about 1.2B TWD (market capitalisation, as of Nov 7, 2026). Per share that is 17.55 TWD; our models calculate a fair value of 4.27 TWD per share.
What do the bullish and bearish scenarios say about 2719?
Our models span a range for TSG Star Travel Corp.: cautious scenario 2.97 TWD, base 4.27 TWD, optimistic 6.87 TWD per share (as of Nov 7, 2026, price 17.55 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 2719?
TSG Star Travel Corp. trades at a price-to-earnings ratio of 25.8 (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 4.27 TWD is built from several models across several years. Other multiples: P/B 1.7, P/S 0.7, EV/EBITDA 24.6.
How solid is the balance sheet of TSG Star Travel Corp. (2719)?
Balance-sheet figures for TSG Star Travel Corp. (as of Nov 7, 2026): return on equity 6.6%, debt of 0.10 per unit of equity. They feed the Quality Score of 42/100, which measures business quality independently of the share price.
How far is 2719 from its 52-week high?
TSG Star Travel Corp. trades at 17.55 TWD, about 53% below its 52-week high of 37.50 TWD and 1% above the low of 17.30 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 4.27 TWD is for.
Which stocks are comparable to TSG Star Travel Corp.?
From the same area (Consumer Cyclical) we also value Booking Holdings, Airbnb, Inc, Royal Caribbean Cruises Ltd, Viking Holdings, 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 TSG Star Travel Corp. stock attractive at the current price?
The data as of Nov 7, 2026: price 17.55 TWD, calculated fair value 4.27 TWD (−76%), Quality Score 42/100, from 2 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 2719 calculated?
We run TSG Star Travel Corp. through 2 models from 2 families: DCF Models, Asset-Based. Every model gets the same audited fundamentals; the fair value of 4.27 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. TSG Star Travel Corp. 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 TSG Star Travel Corp. (2719)?
The closing price on Nov 9, 2026 was 17.55 TWD. Our model-based fair value is 4.27 TWD, about 76% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with TSG Star Travel Corp. right now?
The price sits above even our optimistic bull case (6.87 TWD). The favourable scenario is already priced in. Weak quality (42/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (2.97 TWD to 6.87 TWD) leaves room in how you read the outcome.
Key figures of TSG Star Travel Corp.
How large is the market capitalisation of TSG Star Travel Corp. (2719)?
The market capitalisation of TSG Star Travel Corp. is 1.2B TWD (≈ $37.0M). 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 TSG Star Travel Corp. (2719)?
The price-to-sales ratio of TSG Star Travel Corp. is 0.70 (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 TSG Star Travel Corp. (2719)?
Earnings per share at TSG Star Travel Corp. are 0.6800 TWD (price ÷ EPS = P/E 25.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of TSG Star Travel Corp. (2719)?
The net margin of TSG Star Travel Corp. is 2.8% (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 TSG Star Travel Corp. (2719)?
The return on equity (ROE) of TSG Star Travel Corp. is 6.6% (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 TSG Star Travel Corp. (2719)?
On an EBIT basis the return on assets of TSG Star Travel Corp. is −7.8% (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 TSG Star Travel Corp. (2719)?
The operating margin of TSG Star Travel Corp. is 1.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at TSG Star Travel Corp. (2719)?
Revenue at TSG Star Travel Corp. is growing −31.3% versus a year earlier (3y avg +188%). 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 TSG Star Travel Corp. (2719)?
Earnings per share at TSG Star Travel Corp. are growing +375% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does TSG Star Travel Corp. (2719) generate?
The free cash flow of TSG Star Travel Corp. is −10.9M 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 cash does TSG Star Travel Corp. (2719) hold?
TSG Star Travel Corp. holds more cash than debt, 52.4M TWD net (fiscal year 2024). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch TSG Star Travel Corp. in the live analysis
One click puts TSG Star Travel Corp. on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 7, 2026