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Eurocharm Holdings Co Ltd (5288) Fair Value & Analysis

Industrials · TW · Market cap 13.7B TWD (≈ $433M) · ISIN KYG314551014

What is Eurocharm Holdings Co Ltd really worth?

EH Eurocharm Holdings Co Ltd 5288 · TW
Price189.00 TWD
Fair Value226.54 TWD
Upside+19.9%
Quality64/100

A solid business, trading 17% below our fair value of 226.54 TWD.

As of Aug 13, 2026, the fair value of Eurocharm Holdings Co Ltd is 226.54 TWD per share against a price of 189.00 TWD, so the fair value sits 20% above the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

Solidly profitable · 12.0% net margin
Low debt · generates free cash flow
Ranks above peers (11/14)

Risks

!Weak Growth (revenue 5y +7.9 %/yr)
!Moderate moat 57/100

For context

·3.44% dividend yield
Evidence: High Range 152.11 TWD – 310.39 TWD

Fair value as of: Aug 13, 2026

From 12 valuation models · updated 23 days ago

Fair value updated Aug 13, 2026, revised from 206.88 TWD to 226.54 TWD (+9.5%) since Jul 23, 2026. Share price −1.3% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • A fairly wide model range (152.11 TWD to 310.39 TWD) leaves room in how you read the outcome.
  • The price sits in the lower half of our model range, the side with the larger margin of safety.
  • The data supports the verdict: every model runs on fully documented inputs.

Price vs Fair Value (5 years)

234.00 TWD 109.50 TWD Fair Value 226.54 TWD Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 109.50 TWD – 234.00 TWD · fair‑value band 152.11 TWD – 310.39 TWD · the 189.00 TWD price screens below the 226.54 TWD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Eurocharm Holdings Co Ltd (5288) currently trades at 189.00 TWD, while our model-based Fair Value estimate is 226.54 TWD, implying the stock looks roughly 16.6% undervalued today. The Quality Score stands at 64/100 (solid quality), in the Industrials sector. Bull case: the DCF Models group reads highest at a median of 219.61 TWD per share, and 5 of the 12 models we run sit above the 189.00 TWD price. Bear case: the Asset-Based group reads lowest at 59.48 TWD, and 7 of the 12 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Eurocharm Holdings Co Ltd generated revenue of 7.0B TWD at a net margin of 12.0%. Revenue grew 8.9% year over year. It earns a return on equity of 13.9%. The balance sheet holds a net cash position of 1.3B TWD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 152.11 TWD (bear case) to 310.39 TWD (bull case); at 189.00 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 6% below its 52-week high and 75% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at 35% fair-value upside, at 20%, 5288 screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly 3.85 TWD per share, which is 1.7 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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 best evidence 122.40 TWD 163.88 TWD 220.44 TWD 77
Owner Earnings 132.39 TWD 182.66 TWD 254.19 TWD 75
Rev-Margin DCF 103.94 TWD 146.29 TWD 191.77 TWD 71
All 12 models by family
DCF Models
Owner Earnings 132.39 TWD 182.66 TWD 254.19 TWD 75
5Y P/E Exit 166.83 TWD 256.68 TWD 346.26 TWD 69
10Y P/E Exit 148.09 TWD 219.61 TWD 300.12 TWD 62
Earnings-Based
Graham-Dodd 82.75 TWD 192.05 TWD 246.74 TWD 63
Dividend Discount
Gordon GGM 77.98 TWD 131.99 TWD 196.61 TWD 65
DDM Multi-Stage 77.98 TWD 115.02 TWD 156.05 TWD 64
Multiples
P/E Multiple 200.80 TWD 267.73 TWD 334.66 TWD 63
P/B Multiple 155.16 TWD 206.88 TWD 258.60 TWD 55
Asset-Based
NCAV (Graham) 44.38 TWD 59.48 TWD 88.77 TWD 54
Growth DCF
Growth DCF best evidence 122.40 TWD 163.88 TWD 220.44 TWD 77
Rev-Margin DCF 103.94 TWD 146.29 TWD 191.77 TWD 71
Economic Profit
Residual Income 86.10 TWD 103.96 TWD 193.48 TWD 70

Widest divergence: DCF Models (219.61 TWD) versus Asset-Based (59.48 TWD). Highest evidence: Growth DCF (77).

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Key figures & financial health

P/E ratio 15.6
P/S ratio 1.94 P/E × margin
EPS (TTM) 12.15 TWD price ÷ EPS = P/E 15.6
Dividend yield 3.4% payout 53.5%
Net margin 12.5% FY2025
Return on equity 13.9% TTM
More key figures
Profitability
Return on assets (EBIT) 14.1% avg 5y
Operating margin 14.5% TTM
Growth
Revenue (TTM) 7.0B TWD TTM
Revenue growth (YoY) +8.9% 3y avg −5.4%
EPS growth (YoY) −3.6%
Balance sheet & cash flow
Free cash flow 663M TWD FY2025
Net cash 1.3B TWD FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 64/100

Of which business quality 63 · Market factors (momentum, volatility) 80

Profitability 56
Margins and returns on capital today
Quality Growth 23
Are margins and returns improving?
Cashflow 51
Earnings quality: real cash, not paper profit
Fin. Strength 91
Balance sheet, leverage, solvency risk
Investment 74
Disciplined investing over empire-building
Low Volatility 76
Calm price path (market factor)
Momentum 79
Price trend over the last 3–12 months (market factor)
52W Momentum 88
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Eurocharm Holdings Co., Ltd. manufactures and sells motorcycle and auto equipment parts, medical equipment, and machine parts in Taiwan, Vietnam, the United States, and internationally.

Full company description

Eurocharm Holdings Co., Ltd. manufactures and sells motorcycle and auto equipment parts, medical equipment, and machine parts in Taiwan, Vietnam, the United States, and internationally. It offers motorcycle parts, including rail RR grabs, carrier luggage, swing arm RR, clutch center subs, clutch plates, arm pillion steps, step assy pillions, crank cases, and engine blocks; bodywork left, ABS front fone wheel, bodywork left-right, chassis, wind shield, left right hand body side, fuel tank panel, gear fine blanking, retainer kick spring, fin, spring seat, outer assy, seat catch comp, hinge fuel lid, arm and cam RR brake, joint, rim, and rail RR grab products; and motorcycle frames, trailing arm welds, rear frames, main pipe, pipe floor, pipe L floor, pipe main, pipe R LWR sub frame, handle comps, pedal comp brakes, pedal gear changes, carrier fronts, side stands, metal comp fuel fillers, pipe comp air feeds, steering columns, pipe assy RR grips, link assy ENG hangers, stay FR covers, plate comp pivot comp-1, and stand comp mains. The company also provides automotive parts, such as chassis frame assy, side steps, hunger seat assy, BKT sub assy fuel tanks, BKT sub assy under engines, frame FR seat cushion sides, frame sub assy FR seat cushions, panel RR seat backs, and RFT sub assy frame FR bumpers; and recreational vehicle parts comprising swing, lower and upper arms, as well as weld-FTAs, foot controls, seat rails, bumpers, and hoop-rolls. In addition, it offers medical and healthcare equipment, including medical beds, patient lifters, and shower chairs; and assembling services. Eurocharm Holdings Co., Ltd. was founded in 1974 and is headquartered in New Taipei City, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Eurocharm Holdings Co Ltd reported revenue of 6.8B TWD in FY2025 versus 5.7B TWD in FY2021, a compound +4.4%/yr. Reported net income was 848M TWD in FY2025, compounding +7.8%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
6.8B TWD
Latest YoY
−6.6%
Avg. revenue 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.
−5.4%
Avg. revenue 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.
+7.9%
Avg. revenue growth/yr (13Y) 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.
+6.3%
Value creation/yr (5Y, in TWD) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in TWD: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+8.7% · in TWD
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share+5.3%
Dividend yield3.4%
Trend Two data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.5Y 5.3% vs 10Y 5.4%, steady
Operating margin (EBIT) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.15.9% (2020) → 13.7% (2025) · falling
Worst earnings drop25% (2025) · in TWD
Revenue +4.4%/yr
FY21 5.7B TWD
FY22 8.0B TWD
FY23 7.3B TWD
FY24 7.3B TWD
FY25 6.8B TWD
Net income +7.8%/yr
FY21 628M TWD
FY22 941M TWD
FY23 1.0B TWD
FY24 1.1B TWD
FY25 848M TWD
Character of growth · EPS growth decomposed (2014-2025) +8.8 % p.a.
Revenue per share +5.6 %

of which total revenue +6.6 % · buybacks/dilution −1.0 %

EBIT margin +2.5 %
Tax rate +0.9 %
Residual (interest, one-offs) −0.4 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Eurocharm Holdings Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/5288.TW

Peer Group

Conglomerates · 373 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 64 · Top 25%
Fair Value upside +20% · Above median
Return on equity (TTM) 14% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 14% · Top 25%
Revenue growth 9% · Above median
Dividend yield (TTM) 3.4% · Above median

Valuation Multiples vs Conglomerates median · lower = cheaper

P/E (TTM) 15.6× · Cheaper than median
P/B 2.21× · Pricier than 75% of peers
P/S (TTM) 1.96× · Pricier than median
P/FCF 0.7× · Cheaper than median
EV/EBITDA 10.4× · Pricier than median

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE60 · sector 25
FUTURE45 · sector 16
PAST56 · sector 17
HEALTH100 · sector 89
DIVIDEND69 · sector 43

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

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SK Inc 034730 553,000 KRW 615,077 KRW +11%
PT Astra International Tbk, ASII 4,800 IDR 9,600 IDR +100%
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Frequently asked questions

Is Eurocharm Holdings Co Ltd (5288) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 226.54 TWD versus a price of 189.00 TWD, about +20% upside (undervalued).
What is the fair value of 5288?
Our model-based fair value for Eurocharm Holdings Co Ltd is 226.54 TWD (as of Aug 13, 2026), built from audited fundamentals. The current price: 189.00 TWD.
What is the quality score of 5288?
Eurocharm Holdings Co Ltd has a Quality Score of 64/100. 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 price target for Eurocharm Holdings Co Ltd (5288)?
Our model-based price target is the fair value of 226.54 TWD (as of Aug 13, 2026) from 12 valuation models. Cautious scenario 152.11 TWD, optimistic scenario 310.39 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Eurocharm Holdings Co Ltd stock forecast for 2026?
Our models put fair value at 226.54 TWD, about +20% upside versus a price of 189.00 TWD (undervalued). Cautious scenario 152.11 TWD, optimistic scenario 310.39 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Eurocharm Holdings Co Ltd (5288)?
Eurocharm Holdings Co Ltd reported trailing-twelve-month revenue of about 7.0B TWD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 5288?
The net profit margin of Eurocharm Holdings Co Ltd is about 12.0%, meaning it keeps roughly 12.0% of revenue as net income. Based on the latest reported figures.
Does Eurocharm Holdings Co Ltd pay a dividend?
Eurocharm Holdings Co Ltd currently shows a dividend yield of about 3.44% relative to its recent price (as of Aug 13, 2026).
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