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TS Financial Holding (2887) Fair Value & Analysis

Financial Services · TW · Market cap 711B TWD

TF TS Financial Holding 2887 · TW
Price31.90 TWD
Fair Value19.53 TWD
Upside-38.8%
Quality57/100
Evidence: High Range 14.65 TWD – 24.42 TWD

Fair value as of: Jun 26, 2026

From 26 valuation models · updated 5 days ago

Share price +26.4% over the past month.

Price vs Fair Value (12 months)

32.24 TWD 14.40 TWD Fair Value 19.53 TWD Jun 2025 Jul 2026

12‑month range 14.40 TWD – 32.24 TWD · fair‑value band 14.65 TWD – 24.42 TWD · the 31.90 TWD price screens above the 19.53 TWD fair value. As of Jun 26, 2026.

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Analysis

TS Financial Holding (2887) currently trades at 31.90 TWD, while our model-based Fair Value estimate is 19.53 TWD — implying the stock looks roughly 38.8% overvalued today. We read business quality at 57/100 (solid quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, TS Financial Holding generated revenue of 130B TWD at a net margin of 43.5%. Revenue grew 274.7% year over year. It earns a return on equity of 13.6%. Net debt stands at 228B TWD. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 130B TWD
Revenue growth (YoY) +275%
Net margin 43.5%
Return on equity 13.6%
Free cash flow 128B TWD FY2025
P/E ratio 15.0
More key figures
Operating margin 58.8%
EPS (TTM) 1.91 TWD
Dividend yield 3.5%
EPS growth (YoY) +646%
Net debt 228B TWD FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

TS Financial Holding Co., Ltd., together with its subsidiaries, provides various financial products and services. It offers wealth management services, such as financial consulting, tax planning, trust, asset allocation advisory services, TWD and FCY deposits, investment, and insurance products; consumer lending services, including 1st and 2nd lien mortgage, auto loan, personal loan, micro SME loans, and credit cards; and e-payment services. The company also provides digital, internet, and mobile banking services; mobile payment services; ATM services; exchange rate, interest rate, stock, bond, commodity, and gold account; funding, underwriting, and bond management services for onshore/offshore bond issuers; and brokerage, proprietary trading, underwriting, concurrent operation of futures and the design, issuance, trading, hedging of derivatives. In addition, it offers financial advisory services, risk management, facilities and financing, short-term bill trading, and bond issuance …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

TS Financial Holding reported revenue of 316B TWD in FY2025 versus 66.4B TWD in FY2021, a compound +47.7%/yr. Reported net income was 37.4B TWD in FY2025, compounding +16.5%/yr from FY2021.

Revenue +47.7%/yr
FY21 66.4B TWD
FY22 83.6B TWD
FY23 114B TWD
FY24 139B TWD
FY25 316B TWD
Net income +16.5%/yr
FY21 20.3B TWD
FY22 14.9B TWD
FY23 14.6B TWD
FY24 20.1B TWD
FY25 37.4B TWD

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Frequently asked questions

Is TS Financial Holding (2887) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 19.53 TWD versus a price of 31.90 TWD — about −39% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 2887?
Our model-based fair value for TS Financial Holding is 19.53 TWD (as of Jun 26, 2026), built from audited fundamentals. The current price is 31.90 TWD.
What is the quality score of 2887?
TS Financial Holding has a Quality Score of 57/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of TS Financial Holding (2887)?
TS Financial Holding reported trailing-twelve-month revenue of about 130B TWD (latest available figure, as of Jun 26, 2026).
What is the net profit margin of 2887?
The net profit margin of TS Financial Holding is about 43.5%, meaning it keeps roughly 43.5% of revenue as net income. Based on the latest reported figures.
Does TS Financial Holding pay a dividend?
TS Financial Holding currently shows a dividend yield of about 3.50% relative to its recent price (as of Jun 26, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.