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Lih Tai Construction Enterprise Co (5520) Fair Value & Analysis

Basic Materials · TW · Market cap 5.0B TWD

LT Lih Tai Construction Enterprise Co 5520 · TWO
Price83.90 TWD
Fair Value106.18 TWD
Upside+26.6%
Quality71/100
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Healthy Growth
Solidly profitable · 14.6% net margin
generates free cash flow
8.51% dividend yield
Ranks above peers (10/13)
Wide moat 69/100
Evidence: Medium Range 79.63 TWD – 134.01 TWD Share as image

Fair value as of: Jul 21, 2026

From 26 valuation models · updated 20 days ago

Fair value updated Jul 21, 2026, revised from 150.21 TWD to 106.18 TWD (−29.3%) since Jul 11, 2026. Share price +1.9% over the past month.

A solid business, screening 27% undervalued on our models.

What matters now

  • The rarer combination: high quality (71/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • Our model range runs from 79.63 TWD (bear) to 134.01 TWD (bull), base 106.18 TWD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 71/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

98.30 TWD 38.31 TWD Fair Value 106.18 TWD Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 21, 2026.

How to read this chart

60‑month range 38.31 TWD – 98.30 TWD · fair‑value band 79.63 TWD – 134.01 TWD · the 83.90 TWD price screens below the 106.18 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.

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Analysis

Lih Tai Construction Enterprise Co (5520) currently trades at 83.90 TWD, while our model-based Fair Value estimate is 106.18 TWD, implying the stock looks roughly 26.6% undervalued today. The Quality Score stands at 71/100 (solid quality), in the Basic Materials 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: medium), always confirm before acting.

Over the trailing twelve months, Lih Tai Construction Enterprise Co generated revenue of 4.1B TWD at a net margin of 14.6%. Revenue declined 5.2% year over year. It earns a return on equity of 21.7%. Net debt stands at 1.4M TWD. Fundamentals as of Jul 21, 2026

Our scenario range runs from 79.63 TWD (bear case) to 134.01 TWD (bull case); at 83.90 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 15% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -59% fair-value upside, at 27%, 5520 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
Residual Income 61.47 TWD 77.45 TWD 221.38 TWD 76
Growth DCF 149.14 TWD 232.75 TWD 360.58 TWD 72
Gordon GGM 48.30 TWD 96.25 TWD 145.75 TWD 70
All 26 models by family
DCF Models
FCF DCF 148.80 TWD 236.80 TWD 374.36 TWD 38
Owner Earnings 126.26 TWD 199.89 TWD 314.99 TWD 31
5Y Revenue Exit 104.94 TWD 156.57 TWD 222.75 TWD 39
5Y EBITDA Exit 124.24 TWD 194.44 TWD 278.15 TWD 41
5Y P/E Exit 133.64 TWD 212.86 TWD 299.00 TWD 38
10Y Revenue Exit 117.26 TWD 169.14 TWD 240.70 TWD 36
10Y EBITDA Exit 131.78 TWD 195.52 TWD 283.91 TWD 37
10Y P/E Exit 137.75 TWD 208.35 TWD 300.17 TWD 35
Earnings-Based
Graham-Dodd 67.81 TWD 261.14 TWD 353.94 TWD 54
Lynch FV 63.81 TWD 91.15 TWD 118.50 TWD 50
PEG = 1.0 63.81 TWD 91.15 TWD 118.50 TWD 46
EPV 102.64 TWD 117.16 TWD 129.68 TWD 59
Dividend Discount
Gordon GGM 48.30 TWD 96.25 TWD 145.75 TWD 70
DDM Multi-Stage 48.30 TWD 83.18 TWD 101.60 TWD 61
Multiples
P/E Multiple 127.15 TWD 169.54 TWD 211.92 TWD 63
P/S Multiple 78.41 TWD 104.55 TWD 130.68 TWD 58
P/B Multiple 112.66 TWD 150.21 TWD 187.76 TWD 55
EV/EBIT 138.33 TWD 180.87 TWD 223.41 TWD 53
EV/EBITDA 121.92 TWD 158.99 TWD 196.05 TWD 54
EV/Revenue 83.91 TWD 115.27 TWD 146.64 TWD 43
Asset-Based
NCAV (Graham) 25.03 TWD 33.55 TWD 50.07 TWD 50
Growth DCF
Growth DCF 149.14 TWD 232.75 TWD 360.58 TWD 72
Rev-Margin DCF 104.94 TWD 157.15 TWD 221.22 TWD 67
Economic Profit
Residual Income 61.47 TWD 77.45 TWD 221.38 TWD 76
ROIC Compounder 111.64 TWD 139.82 TWD 173.43 TWD 67
Growth Earnings
Growth-Adj P/E 102.09 TWD 145.84 TWD 189.59 TWD 68

Widest divergence: DCF Models (195.52 TWD) versus Asset-Based (33.55 TWD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 4.1B TWD
Revenue growth (YoY) -5.2%
Net margin 14.6%
Return on equity 21.7%
Free cash flow 722M TWD FY2025
P/E ratio 8.4
More key figures
Operating margin 19.8%
EPS (TTM) 9.83 TWD
Dividend yield 8.5%
EPS growth (YoY) +3.4%
Net debt 1.4M TWD FY2023

Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 71/100

Of which business quality 71 · Market factors (momentum, volatility) 56

Profitability 64
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 73
Earnings quality: real cash, not paper profit
Fin. Strength 89
Balance sheet, leverage, solvency risk
Investment 59
Disciplined investing over empire-building
Low Volatility 98
Calm price path (market factor)
Momentum 41
Price trend over the last 3–12 months (market factor)
52W Momentum 34
Distance to the 52-week high (market factor)
Net Issuance 83
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

Lih Tai Construction Enterprise Co., Ltd., together with its subsidiaries, produces and sells ready-mixed concrete products in Taiwan. The company was founded in 1965 and is based in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Lih Tai Construction Enterprise Co reported revenue of 4.2B TWD in FY2025 versus 2.8B TWD in FY2021, a compound +10.7%/yr. Reported net income was 598M TWD in FY2025, compounding +15.6%/yr from FY2021.

Growth Quality 89/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
4.2B TWD
Latest YoY
+2.6%
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.
+7.4%
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.
+9.2%
Avg. growth/yr (8Y) 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.
+10.8%
Revenue +10.7%/yr
FY21 2.8B TWD
FY22 3.4B TWD
FY23 3.8B TWD
FY24 4.1B TWD
FY25 4.2B TWD
Net income +15.6%/yr
FY21 335M TWD
FY22 358M TWD
FY23 469M TWD
FY24 539M TWD
FY25 598M TWD

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Cite: Fair Value Calculator (2026). "Lih Tai Construction Enterprise Co Fair Value". https://www.fairvalue-calculator.com/stock/5520

Peer Group

Building Materials · 253 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 71 · Top 25%
Fair Value upside +27% · Above median
Return on equity (TTM) 22% · Top 25%
Return on assets 10% · Top 25%
Net margin (TTM) 15% · Top 25%
Operating margin (TTM) 20% · Top 25%
Revenue growth -5% · Below median
Dividend yield (TTM) 8.5% · Top 25%

Valuation Multiples vs Building Materials median · lower = cheaper

P/E (TTM) 8.4× · Cheaper than 75% of peers
P/B 1.66× · Pricier than 75% of peers
P/S (TTM) 1.21× · Pricier than median
P/FCF 0.2× · Cheaper than 75% of peers
EV/EBITDA 5.0× · 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 69 · sector 27
FUTURE 0 · sector 2
PAST 87 · sector 15
HEALTH 0 · sector 92
DIVIDEND 100 · sector 42

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 Building Materials stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).

Stock Price Fair Value vs Fair Value
CRH plc CRH $102.92 $70.57 -31%
UltraTech Cement Limited ULTRACEMCO ₹11,711 ₹4,719 -60%
China Jushi Co 600176 ¥54.52 ¥13.95 -74%
Grasim Industries Limited GRASIM ₹3,073 ₹1,245 -59%
CEMEX, S.A. CEMEXCPO 21.71 MXN 15.42 MXN -29%
Anhui Conch Cement Company 600585 ¥16.99 ¥26.14 +54%
Ambuja Cements Limited AMBUJACEM ₹435.25 ₹227.96 -48%
Shree Cement Limited SHREECEM ₹26,930 ₹8,215 -69%
TCC Group 1101B 43.70 TWD 10.48 TWD -76%
Taiwan Glass Ind. Corp 1802 53.30 TWD 13.98 TWD -74%

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Frequently asked questions

Is Lih Tai Construction Enterprise Co (5520) overvalued or undervalued?
As of Jul 21, 2026, our model estimates a fair value of 106.18 TWD versus a price of 83.90 TWD, about +27% (undervalued).
What is the fair value of 5520?
Our model-based fair value for Lih Tai Construction Enterprise Co is 106.18 TWD (as of Jul 21, 2026), built from audited fundamentals. The current price is 83.90 TWD.
What is the quality score of 5520?
Lih Tai Construction Enterprise Co has a Quality Score of 71/100. 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 Lih Tai Construction Enterprise Co (5520)?
Lih Tai Construction Enterprise Co reported trailing-twelve-month revenue of about 4.1B TWD (latest available figure, as of Jul 21, 2026).
What is the net profit margin of 5520?
The net profit margin of Lih Tai Construction Enterprise Co is about 14.6%, meaning it keeps roughly 14.6% of revenue as net income. Based on the latest reported figures.
Does Lih Tai Construction Enterprise Co pay a dividend?
Lih Tai Construction Enterprise Co currently shows a dividend yield of about 8.48% relative to its recent price (as of Jul 21, 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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