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Life Travel & Tourist Service Co (2745) Fair Value & Analysis

Consumer Cyclical · TW · Market cap 3.2B TWD

LT Life Travel & Tourist Service Co 2745 · TWO
Price89.90 TWD
Fair Value200.21 TWD
Upside+122.7%
Quality60/100
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Healthy Growth
Thin margins · 3.4% net margin
Low debt · generates free cash flow
7.28% dividend yield
Ranks above peers (11/14)
Moderate moat 57/100
Evidence: High Range 150.16 TWD – 586.93 TWD Share as image

Fair value as of: Jul 23, 2026

From 24 valuation models · updated 18 days ago

Share price −8.5% over the past month.

A solid business, screening 123% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (150.16 TWD). The market is more pessimistic than our downside scenario.
  • The model range is unusually wide (150.16 TWD to 586.93 TWD). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid quality (60/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

134.24 TWD 14.65 TWD Fair Value 200.21 TWD Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 23, 2026.

How to read this chart

60‑month range 14.65 TWD – 134.24 TWD · fair‑value band 150.16 TWD – 586.93 TWD · the 89.90 TWD price screens below the 200.21 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Life Travel & Tourist Service Co (2745) currently trades at 89.90 TWD, while our model-based Fair Value estimate is 200.21 TWD, implying the stock looks roughly 122.7% undervalued today. The Quality Score stands at 60/100 (solid 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, Life Travel & Tourist Service Co generated revenue of 9.1B TWD at a net margin of 3.4%. Revenue grew 13.5% year over year. It earns a return on equity of 29.3%. The stock trades on a trailing P/E of 10.6. Fundamentals as of Jul 23, 2026

Our scenario range runs from 150.16 TWD (bear case) to 586.93 TWD (bull case); at 89.90 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 39% 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 123%, 2745 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 239.45 TWD 420.21 TWD 711.41 TWD 80
Residual Income 72.31 TWD 103.09 TWD 986.86 TWD 76
Rev-Margin DCF 217.29 TWD 353.80 TWD 639.75 TWD 74
All 24 models by family
DCF Models
FCF DCF 252.42 TWD 367.40 TWD 725.87 TWD 38
Owner Earnings 194.33 TWD 382.78 TWD 763.88 TWD 31
5Y Revenue Exit 200.76 TWD 314.21 TWD 551.30 TWD 39
5Y EBITDA Exit 207.27 TWD 327.37 TWD 562.55 TWD 41
5Y P/E Exit 211.15 TWD 407.38 TWD 672.10 TWD 38
10Y Revenue Exit 213.25 TWD 409.56 TWD 530.97 TWD 36
10Y EBITDA Exit 223.41 TWD 423.26 TWD 763.52 TWD 37
10Y P/E Exit 226.18 TWD 431.42 TWD 762.45 TWD 35
Earnings-Based
Graham-Dodd 68.07 TWD 474.73 TWD 666.21 TWD 54
Lynch FV 245.26 TWD 350.38 TWD 455.49 TWD 50
PEG = 1.0 245.26 TWD 350.38 TWD 455.49 TWD 46
EPV 139.61 TWD 155.44 TWD 169.10 TWD 59
Multiples
P/E Multiple 150.16 TWD 200.21 TWD 250.27 TWD 63
P/S Multiple 127.64 TWD 170.18 TWD 212.73 TWD 58
P/B Multiple 64.58 TWD 86.11 TWD 107.64 TWD 55
EV/EBIT 227.81 TWD 290.62 TWD 353.43 TWD 53
EV/EBITDA 184.28 TWD 232.58 TWD 280.89 TWD 54
EV/Revenue 166.39 TWD 220.83 TWD 275.26 TWD 43
Asset-Based
NCAV (Graham) 14.35 TWD 19.23 TWD 28.70 TWD 50
Growth DCF
Growth DCF 239.45 TWD 420.21 TWD 711.41 TWD 80
Rev-Margin DCF 217.29 TWD 353.80 TWD 639.75 TWD 74
Economic Profit
Residual Income 72.31 TWD 103.09 TWD 986.86 TWD 76
ROIC Compounder 139.61 TWD 155.44 TWD 169.10 TWD 72
Growth Earnings
Growth-Adj P/E 316.04 TWD 451.48 TWD 586.93 TWD 68

Widest divergence: Growth Earnings (451.48 TWD) versus Asset-Based (19.23 TWD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 9.1B TWD
Revenue growth (YoY) +13.5%
Net margin 3.4%
Return on equity 29.3%
Free cash flow 453M TWD FY2025
P/E ratio 10.6
More key figures
Operating margin 6.1%
EPS (TTM) 9.94 TWD
Dividend yield 7.3%
EPS growth (YoY) -24.7%

Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100

Of which business quality 63 · Market factors (momentum, volatility) 39

Profitability 76
Margins and returns on capital today
Quality Growth 40
Are margins and returns improving?
Cashflow 56
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 84
Calm price path (market factor)
Momentum 29
Price trend over the last 3–12 months (market factor)
52W Momentum 4
Distance to the 52-week high (market factor)
Net Issuance 61
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

Life Travel & Tourist Service Co., Ltd., together with its subsidiaries, provides various package tour services in Taiwan. The company arranges services for domestic and foreign sightseeing tours and accommodations for tourists by taking out tours, independent travel, mini tour, air fares, hotel reservation/tickets, tourism, cruise ships, and passport/visa.

Full company description

Life Travel & Tourist Service Co., Ltd., together with its subsidiaries, provides various package tour services in Taiwan. The company arranges services for domestic and foreign sightseeing tours and accommodations for tourists by taking out tours, independent travel, mini tour, air fares, hotel reservation/tickets, tourism, cruise ships, and passport/visa. It also sells domestic and foreign transportation tickets; purchases an sells domestic and foreign tickets; and handling entry and exit visa procedures. Life Travel & Tourist Service Co., Ltd. was founded in 1977 and is headquartered in Kaohsiung, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Life Travel & Tourist Service Co reported revenue of 8.8B TWD in FY2025 versus 110M TWD in FY2021, a compound +198.7%/yr. Reported net income was 338M TWD in FY2025.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
8.8B TWD
Latest YoY
+14.4%
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.
+211.1%
Revenue +198.7%/yr
FY21 110M TWD
FY22 291M TWD
FY23 5.0B TWD
FY24 7.7B TWD
FY25 8.8B TWD
Net income
FY21 −129M TWD
FY22 −76.0M TWD
FY23 265M TWD
FY24 307M TWD
FY25 338M TWD

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Cite: Fair Value Calculator (2026). "Life Travel & Tourist Service Co Fair Value". https://www.fairvalue-calculator.com/stock/2745

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 60 · Above median
Fair Value upside +123% · Top 25%
Return on equity (TTM) 29% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 3% · Below median
Operating margin (TTM) 6% · Below median
Revenue growth 14% · Above median
Dividend yield (TTM) 7.3% · Top 25%

Valuation Multiples vs Travel Services median · lower = cheaper

P/E (TTM) 9.5× · Cheaper than 75% of peers
P/B 3.30× · Pricier than 75% of peers
P/S (TTM) 0.35× · Cheaper than median
P/FCF 0.2× · Cheaper than 75% of peers
EV/EBITDA 4.0× · 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 68 · sector 25
PAST 100 · sector 36
HEALTH 100 · sector 97
DIVIDEND 100 · sector 36

Insider activity: 45/100

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 23, 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 Life Travel & Tourist Service Co (2745) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 200.21 TWD versus a price of 89.90 TWD, about +123% (undervalued).
What is the fair value of 2745?
Our model-based fair value for Life Travel & Tourist Service Co is 200.21 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 89.90 TWD.
What is the quality score of 2745?
Life Travel & Tourist Service Co has a Quality Score of 60/100. 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 Life Travel & Tourist Service Co (2745)?
Life Travel & Tourist Service Co reported trailing-twelve-month revenue of about 9.1B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 2745?
The net profit margin of Life Travel & Tourist Service Co is about 3.4%, meaning it keeps roughly 3.4% of revenue as net income. Based on the latest reported figures.
Does Life Travel & Tourist Service Co pay a dividend?
Life Travel & Tourist Service Co currently shows a dividend yield of about 7.25% relative to its recent price (as of Jul 23, 2026).

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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