EN DE

FDC International Hotels Corporation (2748) Fair Value & Analysis

Consumer Cyclical · TW · Market cap 4.2B TWD

FI FDC International Hotels Corporation 2748 · TW
Price38.50 TWD
Fair Value47.64 TWD
Upside+23.7%
Quality57/100
Watch FDC International Hotels Corporation for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Thin margins · 8.9% net margin
Low debt · generates free cash flow
Ranks above peers (12/14)
Moderate moat 45/100
Evidence: High Range 35.73 TWD – 59.55 TWD Share as image

Fair value as of: Jul 23, 2026

From 24 valuation models · updated 18 days ago

Share price −2.7% over the past month.

A solid business, screening 24% undervalued on our models.

What matters now

  • Solid quality (57/100) at a price below fair value, the discount is the argument here, not the business quality.
  • Our model range runs from 35.73 TWD (bear) to 59.55 TWD (bull), base 47.64 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 57/100 (solid quality) with high evidence: the data supports the verdict.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

118.37 TWD 34.05 TWD Fair Value 47.64 TWD Mar 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 34.05 TWD – 118.37 TWD · fair‑value band 35.73 TWD – 59.55 TWD · the 38.50 TWD price screens below the 47.64 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

FDC International Hotels Corporation (2748) currently trades at 38.50 TWD, while our model-based Fair Value estimate is 47.64 TWD, implying the stock looks roughly 23.7% undervalued today. The Quality Score stands at 57/100 (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, FDC International Hotels Corporation generated revenue of 2.4B TWD at a net margin of 9.5%. Revenue declined 0.6% year over year. It earns a return on equity of 7.7%. The balance sheet holds a net cash position of 49.8M TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 35.73 TWD (bear case) to 59.55 TWD (bull case); at 38.50 TWD, the current price sits within 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 26% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -62% fair-value upside, at 24%, 2748 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 31.99 TWD 41.06 TWD 53.52 TWD 80
Residual Income 23.26 TWD 24.57 TWD 26.58 TWD 76
Rev-Margin DCF 30.86 TWD 41.93 TWD 54.65 TWD 74
All 24 models by family
DCF Models
FCF DCF 31.72 TWD 42.03 TWD 57.13 TWD 38
Owner Earnings 62.23 TWD 88.52 TWD 127.03 TWD 31
5Y Revenue Exit 30.86 TWD 41.88 TWD 55.89 TWD 39
5Y EBITDA Exit 48.88 TWD 75.60 TWD 106.94 TWD 41
5Y P/E Exit 39.42 TWD 57.89 TWD 77.30 TWD 38
10Y Revenue Exit 30.42 TWD 40.41 TWD 53.71 TWD 36
10Y EBITDA Exit 42.22 TWD 63.29 TWD 91.79 TWD 37
10Y P/E Exit 36.32 TWD 51.28 TWD 69.68 TWD 35
Earnings-Based
Graham-Dodd 14.72 TWD 45.82 TWD 60.94 TWD 54
Lynch FV 9.96 TWD 14.23 TWD 18.50 TWD 50
PEG = 1.0 9.96 TWD 14.23 TWD 18.50 TWD 46
EPV 31.25 TWD 34.29 TWD 36.91 TWD 59
Multiples
P/E Multiple 35.73 TWD 47.64 TWD 59.55 TWD 63
P/S Multiple 20.63 TWD 27.51 TWD 34.39 TWD 58
P/B Multiple 27.61 TWD 36.81 TWD 46.02 TWD 55
EV/EBIT 48.32 TWD 60.41 TWD 72.50 TWD 53
EV/EBITDA 64.46 TWD 81.93 TWD 99.41 TWD 54
EV/Revenue 31.29 TWD 39.54 TWD 47.80 TWD 43
Asset-Based
NCAV (Graham) 14.36 TWD 19.25 TWD 28.72 TWD 50
Growth DCF
Growth DCF 31.99 TWD 41.06 TWD 53.52 TWD 80
Rev-Margin DCF 30.86 TWD 41.93 TWD 54.65 TWD 74
Economic Profit
Residual Income 23.26 TWD 24.57 TWD 26.58 TWD 76
ROIC Compounder 31.85 TWD 36.83 TWD 42.92 TWD 72
Growth Earnings
Growth-Adj P/E 29.40 TWD 42.00 TWD 54.60 TWD 68

Widest divergence: DCF Models (51.28 TWD) versus Earnings-Based (14.23 TWD). Highest evidence: Growth DCF (80).

Notify me when 2748 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 2.5B TWD
Revenue growth (YoY) +5.0%
Net margin 8.9%
Return on equity 7.5%
Free cash flow 193M TWD FY2025
P/E ratio 18.3
More key figures
Operating margin 16.1%
EPS (TTM) 2.17 TWD
EPS growth (YoY) -8.5%
Net cash 49.8M TWD FY2025

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

Quality Score breakdown

Overall quality 57/100

Of which business quality 57 · Market factors (momentum, volatility) 40

Profitability 36
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 49
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 73
Disciplined investing over empire-building
Low Volatility 93
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 4
Distance to the 52-week high (market factor)
Net Issuance 82
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

FDC International Hotels Corporation operates and manages international tourist hotels in Taiwan. It also engages in catering; real estate management; and investment activities. Its portfolio includes the Fleur de Chine Hotel Sun Moon Lake, Palais de Chine Hotel Taipei, Palais Collection, Gala De Luxe, and Gala de Chine.

Full company description

FDC International Hotels Corporation operates and manages international tourist hotels in Taiwan. It also engages in catering; real estate management; and investment activities. Its portfolio includes the Fleur de Chine Hotel Sun Moon Lake, Palais de Chine Hotel Taipei, Palais Collection, Gala De Luxe, and Gala de Chine. The company was founded in 2012 and is based in Taipei, Taiwan. FDC International Hotels Corporation operates as a subsidiary of Yunlang Tourism Co., Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

FDC International Hotels Corporation reported revenue of 2.4B TWD in FY2025 versus 1.5B TWD in FY2021, a compound +13.7%/yr. Reported net income was 229M TWD in FY2025.

Growth Quality 59/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
2.4B TWD
Latest YoY
−0.8%
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.
+5.3%
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.
+5.7%
Avg. growth/yr (11Y) 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.
+12.9%
Revenue +13.7%/yr
FY21 1.5B TWD
FY22 2.1B TWD
FY23 2.4B TWD
FY24 2.4B TWD
FY25 2.4B TWD
Net income
FY21 −29.3M TWD
FY22 200M TWD
FY23 283M TWD
FY24 331M TWD
FY25 229M TWD
Character of growth · EPS growth decomposed (2014-2025) +1.0 % p.a.
Revenue per share +3.9 pp

of which total revenue +9.5 pp · buybacks/dilution −5.6 pp

EBIT margin −4.0 pp
Tax rate −0.4 pp
Residual (interest, one-offs) +1.5 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

Watch 2748: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "FDC International Hotels Corporation Fair Value". https://www.fairvalue-calculator.com/stock/2748

Peer Group

Lodging · 168 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 57 · Above median
Fair Value upside +24% · Top 25%
Return on equity (TTM) 8% · Above median
Return on assets 4% · Above median
Net margin (TTM) 9% · Above median
Operating margin (TTM) 16% · Above median
Revenue growth 5% · Above median
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Lodging median · lower = cheaper

P/E (TTM) 18.3× · Cheaper than median
P/B 1.38× · Pricier than median
P/S (TTM) 1.71× · Cheaper than median
P/FCF 0.7× · Cheaper than median
EV/EBITDA 6.0× · Cheaper than 75% of peers

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 65 · sector 1
FUTURE 25 · sector 18
PAST 30 · sector 11
HEALTH 100 · sector 90
DIVIDEND 0 · sector 23

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 Lodging stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Marriott International, Inc MAR $369.05 $135.64 -63%
Hilton Worldwide Holdings HLT $328.48 $123.67 -62%
InterContinental Hotels Group IHG $159.87 $85.18 -47%
Hyatt Hotels Corporation H $191.00 $47.69 -75%
H World Group HTHT $42.67 $47.55 +11%
Accor SA AC €47.25 €39.26 -17%
The Indian Hotels Company INDHOTEL ₹743.20 ₹260.68 -65%
Wyndham Hotels & Resorts, Inc WH $78.54 $24.02 -69%
Hanjin Kal, 180640 113,500 KRW 36,890 KRW -67%
Jabal Omar Development Company 4250 16.00 SAR 11.64 SAR -27%

Compare FDC International Hotels Corporation with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is FDC International Hotels Corporation (2748) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 47.64 TWD versus a price of 38.50 TWD, about +24% (undervalued).
What is the fair value of 2748?
Our model-based fair value for FDC International Hotels Corporation is 47.64 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 38.50 TWD.
What is the quality score of 2748?
FDC International Hotels Corporation has a Quality Score of 57/100. 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 FDC International Hotels Corporation (2748)?
FDC International Hotels Corporation reported trailing-twelve-month revenue of about 2.4B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 2748?
The net profit margin of FDC International Hotels Corporation is about 9.5%, meaning it keeps roughly 9.5% 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.

14 days Pro free · no card

Track FDC International Hotels Corporation and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.