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Richmond International Travel & Tours Co (2743) Fair Value & Analysis

Consumer Cyclical · TW · Market cap 2.9B TWD

RI Richmond International Travel & Tours Co 2743 · TWO
Price56.90 TWD
Fair Value86.79 TWD
Upside+52.5%
Quality44/100
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Mixed Growth
Thin margins · 1.3% net margin
Low debt · generates free cash flow
5.41% dividend yield
Mixed vs. peers (7/14)
Narrow moat 35/100
Evidence: High Range 65.09 TWD – 108.48 TWD Share as image

Fair value as of: Jul 21, 2026

From 23 valuation models · updated 20 days ago

Share price −13.3% over the past month.

Below-average quality, screening 53% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (44/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (65.09 TWD). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

182.00 TWD 17.05 TWD Fair Value 86.79 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range 17.05 TWD – 182.00 TWD · fair‑value band 65.09 TWD – 108.48 TWD · the 56.90 TWD price screens below the 86.79 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Richmond International Travel & Tours Co (2743) currently trades at 56.90 TWD, while our model-based Fair Value estimate is 86.79 TWD, implying the stock looks roughly 52.5% undervalued today. The Quality Score stands at 44/100 (below-average quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Richmond International Travel & Tours Co generated revenue of 6.7B TWD at a net margin of 2.8%. Revenue grew 8.0% year over year. It earns a return on equity of 16.7%. The balance sheet holds a net cash position of 348M TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 65.09 TWD (bear case) to 108.48 TWD (bull case); at 56.90 TWD, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 57% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -16% fair-value upside, at 53%, 2743 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Growth DCF 37.96 TWD 56.30 TWD 85.85 TWD 80
Residual Income 25.24 TWD 33.57 TWD 97.44 TWD 76
ROIC Compounder 87.20 TWD 111.60 TWD 140.56 TWD 72
All 23 models by family
DCF Models
FCF DCF 39.28 TWD 50.94 TWD 87.31 TWD 38
Owner Earnings 74.09 TWD 142.72 TWD 281.50 TWD 31
5Y Revenue Exit 77.86 TWD 134.15 TWD 252.97 TWD 39
5Y EBITDA Exit 77.46 TWD 133.34 TWD 243.28 TWD 41
5Y P/E Exit 71.90 TWD 149.57 TWD 257.24 TWD 38
10Y Revenue Exit 64.16 TWD 147.44 TWD 209.06 TWD 36
10Y EBITDA Exit 66.84 TWD 146.60 TWD 291.86 TWD 37
10Y P/E Exit 62.87 TWD 134.89 TWD 257.39 TWD 35
Earnings-Based
Graham-Dodd 26.83 TWD 187.08 TWD 262.53 TWD 54
Lynch FV 96.65 TWD 138.07 TWD 179.49 TWD 50
PEG = 1.0 96.65 TWD 138.07 TWD 179.49 TWD 46
EPV 77.85 TWD 87.36 TWD 95.56 TWD 59
Multiples
P/E Multiple 65.09 TWD 86.79 TWD 108.48 TWD 63
P/S Multiple 50.30 TWD 67.06 TWD 83.83 TWD 58
P/B Multiple 50.30 TWD 67.06 TWD 83.83 TWD 55
EV/EBIT 118.97 TWD 152.74 TWD 186.51 TWD 53
EV/EBITDA 90.29 TWD 114.49 TWD 138.70 TWD 54
EV/Revenue 85.95 TWD 115.22 TWD 144.49 TWD 43
Asset-Based
NCAV (Graham) 12.56 TWD 16.83 TWD 25.12 TWD 50
Growth DCF
Growth DCF 37.96 TWD 56.30 TWD 85.85 TWD 80
Economic Profit
Residual Income 25.24 TWD 33.57 TWD 97.44 TWD 76
ROIC Compounder 87.20 TWD 111.60 TWD 140.56 TWD 72
Growth Earnings
Growth-Adj P/E 128.30 TWD 183.28 TWD 238.26 TWD 68

Widest divergence: Growth Earnings (183.28 TWD) versus Asset-Based (16.83 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 6.8B TWD
Revenue growth (YoY) +4.4%
Net margin 1.3%
Return on equity 7.4%
Free cash flow 63.6M TWD FY2025
P/E ratio 15.7
More key figures
Operating margin 6.4%
EPS (TTM) 3.92 TWD
Dividend yield 5.4%
EPS growth (YoY) -53.8%
Net cash 348M TWD FY2023

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 48 · Market factors (momentum, volatility) 25

Profitability 56
Margins and returns on capital today
Quality Growth 38
Are margins and returns improving?
Cashflow 23
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 9
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 40
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Richmond International Travel & Tours Co.,Ltd operates as a travel agency in Taiwan. It provides professional services, including outbound tourism, such as international group/individual tourism/destination tourism, passport and visa application services for various countries, airline tickets for independent travel, corporate rewards and business travel, …

Full company description

Richmond International Travel & Tours Co.,Ltd operates as a travel agency in Taiwan. It provides professional services, including outbound tourism, such as international group/individual tourism/destination tourism, passport and visa application services for various countries, airline tickets for independent travel, corporate rewards and business travel, booking hotels abroad, and overseas travel consultation; inbound tourism comprising corporate incentives and business travel services, domestic hotel booking service, domestic travel information, high-speed rail ticket booking service, customized travel planning services, and car rental and airport transfer services; international airline ticketing service and corporate business travel airfare services; and national tourism services. Richmond International Travel & Tours Co.,Ltd was founded in 1977 and is headquartered in Taipei City, Taiwan.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Richmond International Travel & Tours Co reported revenue of 6.7B TWD in FY2025 versus 202M TWD in FY2021, a compound +140.2%/yr. Reported net income was 185M TWD in FY2025.

Growth Quality 67/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
6.7B TWD
Latest YoY
−1.6%
Avg. growth/yr (3Y) 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.
+129.1%
Avg. growth/yr (5Y) 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.
+46.6%
Avg. growth/yr (8Y) 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.
+3.6%
Revenue +140.2%/yr
FY21 202M TWD
FY22 559M TWD
FY23 5.0B TWD
FY24 6.8B TWD
FY25 6.7B TWD
Net income
FY21 −52.5M TWD
FY22 −64.4M TWD
FY23 348M TWD
FY24 261M TWD
FY25 185M TWD

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Cite: Fair Value Calculator (2026). "Richmond International Travel & Tours Co Fair Value". https://www.fairvalue-calculator.com/stock/2743

Peer Group

Travel Services · 90 stocks

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.

Quality Score 44 · Bottom 25%
Fair Value upside +53% · Top 25%
Return on equity (TTM) 7% · Below median
Return on assets 6% · Above median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 6% · Below median
Revenue growth 4% · Below median
Dividend yield (TTM) 5.4% · Top 25%
Debt / equity 0.24× · Higher than median

Valuation Multiples vs Travel Services median · lower = cheaper

P/E (TTM) 15.7× · Cheaper than median
P/B 2.44× · Pricier than median
P/S (TTM) 0.42× · Cheaper than median
P/FCF 1.4× · Cheaper than median
EV/EBITDA 7.0× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 19
FUTURE 22 · sector 25
PAST 30 · sector 36
HEALTH 88 · sector 97
DIVIDEND 100 · sector 36

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Travel Services stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
Booking Holdings BKNG $182.80 $152.94 -16%
Airbnb, Inc ABNB $148.62 $57.47 -61%
Royal Caribbean Cruises Ltd RCL $286.96 $215.19 -25%
Viking Holdings VIK $100.69 $43.51 -57%
Carnival Corporation CCL $26.41 $31.36 +19%
Expedia Group EXPE $268.77 $248.63 -7%
Trip.com Group TCOM $42.45 $88.82 +109%
Norwegian Cruise Line Holdings NCLH $19.46 $20.28 +4%
Global Business Travel Group GBTG $9.40 $4.17 -56%
Travel + Leisure Co TNL $73.27 $27.29 -63%

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Frequently asked questions

Is Richmond International Travel & Tours Co (2743) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 86.79 TWD versus a price of 56.90 TWD, about +53% (undervalued).
What is the fair value of 2743?
Our model-based fair value for Richmond International Travel & Tours Co is 86.79 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 56.90 TWD.
What is the quality score of 2743?
Richmond International Travel & Tours Co has a Quality Score of 44/100. 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 revenue of Richmond International Travel & Tours Co (2743)?
Richmond International Travel & Tours Co reported trailing-twelve-month revenue of about 6.7B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 2743?
The net profit margin of Richmond International Travel & Tours Co is about 2.8%, meaning it keeps roughly 2.8% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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