Shining Building Business Co (5531) Fair Value & Analysis
Industrials · TW · Market cap 7.7B TWD
Fair value as of: Jul 21, 2026
From 3 valuation models · updated 20 days ago
Share price −4.5% over the past month.
Below-average quality, and screening another 39% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (5.24 TWD). The favourable scenario is already priced in.
- Weak quality (21/100) and above fair value at the same time, the margin of safety is missing on both counts.
- The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Price vs Fair Value (5 years)
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 7.59 TWD – 17.85 TWD · fair‑value band 4.28 TWD – 5.24 TWD · the 7.59 TWD price screens above the 4.66 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.
Analysis
Shining Building Business Co (5531) currently trades at 7.59 TWD, while our model-based Fair Value estimate is 4.66 TWD, implying the stock looks roughly 38.6% overvalued today. The Quality Score stands at 21/100 (below-average quality), in the Industrials 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: low).
Over the trailing twelve months, Shining Building Business Co generated revenue of 1.1B TWD at a net margin of 4.7%. Revenue grew 14.5% year over year. It earns a return on equity of -1.3%. Net debt stands at 21.9B TWD. Fundamentals as of Jul 21, 2026
Our scenario range runs from 4.28 TWD (bear case) to 5.24 TWD (bull case); at 7.59 TWD, the current price sits above 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 Industrials peers we cover trades at -45% fair-value upside, at -39%, 5531 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.
All 3 models by family
Widest divergence: Asset-Based (6.75 TWD) versus Dividend Discount (5.48 TWD). Highest evidence: Gordon GGM (70).
Notify me when 5531 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 21, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 22 · Market factors (momentum, volatility) 42
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
Shining Building Business Co.,Ltd., together with its subsidiaries, operates as a real estate development company in Taiwan and Mainland China. It operates through Construction; Manufacturing; and Other segments.
Full company description
Shining Building Business Co.,Ltd., together with its subsidiaries, operates as a real estate development company in Taiwan and Mainland China. It operates through Construction; Manufacturing; and Other segments. The company develops, leases, and sells residential properties and commercial buildings; and engages in the contracting construction business for residential real estate and commercial buildings. It also constructs, operates, and manages hotels; leases and sells national houses; and is involved in construction and civil engineering business, and general investment activities. In addition, the company provides enterprise management services; and engages as engineering consultants. Shining Building Business Co.,Ltd. was founded in 1979 and is based in Taichung City, Taiwan.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Shining Building Business Co reported revenue of 1.1B TWD in FY2025 versus 3.5B TWD in FY2021, a compound −25.5%/yr. Reported net income was −276M TWD in FY2025.
5531 screens 39% overvalued. Compare with Larsen & Toubro Limited →
Peer Group
Engineering & Construction · 839 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.
Valuation Multiples vs Engineering & Construction median · lower = cheaper
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 0: the price sits above our fair-value range.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Larsen & Toubro Limited LT | ₹3,815 | ₹1,994 | -48% |
| Samsung C&T Corporation 028260 | 346,000 KRW | 268,779 KRW | -22% |
| Hyundai Engineering & Construction Co 000720 | 99,000 KRW | 63,993 KRW | -35% |
| United Integrated Services Co 2404 | 1,250 TWD | 925.62 TWD | -26% |
| Samsung E&A Co 028050 | 42,550 KRW | 44,840 KRW | +5% |
| Rail Vikas Nigam Limited RVNL | ₹232.67 | ₹61.46 | -74% |
| Daewoo Engineering & Construction Co 047040 | 16,240 KRW | 6,507 KRW | -60% |
| NBCC (India) Limited NBCC | ₹96.32 | ₹48.22 | -50% |
| Cemindia Projects Limited CEMPRO | ₹1,330 | ₹730.69 | -45% |
| KEPCO Engineering & Construction Company 052690 | 92,700 KRW | 20,172 KRW | -78% |
Compare Shining Building Business Co with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Frequently asked questions
Is Shining Building Business Co (5531) overvalued or undervalued?
What is the fair value of 5531?
What is the quality score of 5531?
What is the revenue of Shining Building Business Co (5531)?
What is the net profit margin of 5531?
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.
Track Shining Building Business Co 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.