Fubon Financial Holding Co Ltd (2881) fair value: what the stock is really worth
As of Nov 12, 2026: fair value (intrinsic value) of Fubon Financial Holding Co Ltd stock TWD 88.61, price TWD 159, that is 44.3% below the price, quality 39 out of 100. Rating: strongly overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
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Fubon Financial Holding Co Ltd
2881 · TWFar too expensive (fair value 44% below the price) and weak company, but rising price: meets 1 of 3 rules.
Main risks:
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 11, 2026.
How to read this chart
60‑month range 37.23 TWD – 162.00 TWD · fair‑value band 67.64 TWD – 132.62 TWD · the 159.00 TWD price screens above the 88.61 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 11, 2026.
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Company profile
Fubon Financial Holding Co., Ltd. provides various financial products and services in Taiwan, Asia, and internationally. It operates through Banking Business, Property Insurance Business, Life Insurance Business, Securities Business, and Others segments.
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The company offers insurance products, including property, casualty, life, health, accident, fire, transportation, fishing vessel, car, liability, engineering and nuclear, guarantee and letter of credit, and personal and commercial multiple peril insurance, as well as typhoons, floods, and earthquake insurance products.
It also provides retail and consumer, corporate, and investment banking services; brokerage, trading, and underwriting services; and investment and financial management, and foreign exchange.
In addition, the company offers deposits and loans, trust, bill finance, and credit card services; invests in foreign financial institutions; and insurance brokerage and agent services.
Further, it engages in the venture capital, creditor's rights management, stock and futures brokerage, sales of mutual funds, energy technical services, reinsurance business, asset management, stadium management, and sports activities, as well as invests in and manages real estate properties.
Fubon Financial Holding Co., Ltd. was founded in 1961 and is based in Taipei, Taiwan.
Stock analysis
Fubon Financial Holding Co Ltd (2881) currently trades at 159.00 TWD, while our model-based Fair Value estimate is 88.61 TWD, 44% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 106.09 TWD per share, and 0 of the 6 models we run sit above the 159.00 TWD price.
Bear case: the Asset-Based group reads lowest at 46.48 TWD, and 6 of the 6 models stay below the price. Data coverage for this calculation is high.
Scenario range: 67.64 TWD (bear) to 132.62 TWD (bull), the price of 159.00 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 39/100 (below-average quality), in the Financial Services sector.
Fubon Financial Holding Co Ltd reported revenue of 190B TWD in FY2025 versus 480B TWD in FY2021, a compound −20.7%/yr. Reported net income was 121B TWD in FY2025, compounding −4.4%/yr from FY2021.
Key figures
Market cap 2.4T TWD (≈ $72.7B) Large · P/E ratio 19.9 · P/S ratio 12.6 · EPS (TTM) 8.01 TWD · Dividend yield 2.7% · Net margin 63.5% · Return on equity 26.1% · Return on assets (EBIT) 2.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 77 out of 100 (low confidence).
What moves the price
The share trades about 2% below its 52-week high and 91% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −33% fair-value upside, at −44%, 2881 screens richer than that median.
Fair Value models
All 6 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
Compare Fubon Financial Holding Co Ltd with another stock
Price, fair value, quality and upside side by side.
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.Insurance - Life · 77 stocks
Valuation Multiplesvs Insurance - Life median · lower = cheaper
Strength profile in five axes (Snowflake)
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.
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Return on equity by industry
- Quality Score by industry
- PEG screener for stocks with fair value
- Undervalued stocks: Taiwanese Stocks
- Valuation of the Taiwan market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Insurance - Life stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| China Pacific Insurance (Group) Co 601601 | ¥31.54 | ¥48.28 | +53% | vs 2881 |
| Ping An Insurance (Group) Company 601318 | ¥53.80 | ¥66.91 | +24% | vs 2881 |
| China Life Insurance Company 601628 | ¥34.95 | ¥40.47 | +16% | vs 2881 |
| Life Insurance Corporation LICI | ₹399.30 | ₹299.42 | −25% | vs 2881 |
| MetLife, Inc MET | $102.65 | $69.12 | −33% | vs 2881 |
| AIA Group 1299 | HK$77.75 | HK$51.99 | −33% | vs 2881 |
| Cathay Financial Holding 2882 | 114.50 TWD | 71.53 TWD | −38% | vs 2881 |
| Manulife Financial Corporation MFC | $44.06 | $26.43 | −40% | vs 2881 |
| Aflac Incorporated AFL | $127.61 | $75.47 | −41% | vs 2881 |
| Great-West Lifeco Inc GWO | C$93.99 | C$41.90 | −55% | vs 2881 |
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Frequently asked questions
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Key figures of Fubon Financial Holding Co Ltd
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