Founding Construction Development Co Ltd (5533) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Founding Construction Development Co Ltd stock TWD 16.95, price TWD 13.85, upside +22.4%, quality 49 out of 100. Rating: undervalued. Calculated from audited financials with 9 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range 13.50 TWD – 28.00 TWD · fair‑value band 13.80 TWD – 20.11 TWD · the 13.85 TWD price screens below the 16.95 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Founding Construction Development Corp. engages in the development of public housings and commercial buildings for leasing and selling in Taiwan. The company is also involved in the trading of construction materials and machines; and designing and construction 5522170of interior decoration, etc.
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In addition, it engages in operating and investing in civil construction, building works, and related businesses; catering and restaurant, and general hotel business, as well as general investment business. The company was incorporated in 1991 and is based in Taipei, Taiwan.
Stock analysis
Founding Construction Development Co Ltd (5533) currently trades at 13.85 TWD, while our model-based Fair Value estimate is 16.95 TWD, implying the stock looks roughly 18% undervalued today.
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Valuation
Bull case: the Economic Profit group reads highest at a median of 20.55 TWD per share, and 5 of the 9 models we run sit above the 13.85 TWD price.
Bear case: the Dividend Discount group reads lowest at 8.23 TWD, and 4 of the 9 models stay below the price. Data coverage for this calculation is low.
Scenario range: 13.80 TWD (bear) to 20.11 TWD (bull), the price of 13.85 TWD sits inside 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 49/100 (below-average quality), in the Real Estate sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Founding Construction Development Co Ltd reported revenue of 1.2B TWD in FY2025 versus 3.8B TWD in FY2021, a compound −25.5%/yr. Reported net income was 158M TWD in FY2025, compounding −37.8%/yr from FY2021.
Key figures
Market cap 4.0B TWD (≈ $121M) Micro · P/E ratio 23.5 · P/S ratio 3.46 · EPS (TTM) 0.5900 TWD · Dividend yield 4.3% · Net margin 14.6% · Return on equity 1.8% · Return on assets (EBIT) 6.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 36 out of 100 (medium confidence).
What moves the price
The share trades about 6% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −16% fair-value upside, at 22%, 5533 screens cheaper than that median.
Fair Value models
Bear13.80 TWDFair Value 16.95 TWDBull20.11 TWD
Price 13.85 TWD · Upside +22.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.11/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−47.9%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−37.7%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−21.2%
Start year 2020 (pandemic). Over 10 years: −7.8% a year
Revenue growth 25 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−3.3%
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What shareholders gained per year (last 5 years), in TWD ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. 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.
−3.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−8.2%
Dividend (yield on the price)4.3%
Pace: 5 vs 10 years ⓘ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.−8.2% vs −12.3%, picking up
Profit margin 2020 to 2025 ⓘ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.8% → 14%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 3.6%/yr over ~10Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Compare Founding Construction Development Co Ltd with another stock
Price, fair value, quality and upside side by side.
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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.Real Estate Services · 472 stocks
Beats the industry median on 6/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score49 · Below median
Fair Value upside+22.4% · Above median
Profitability
Return on equity (12 months)1.8% · Below median
Return on assets1.4% · Below median
Net margin (12 months)14.6% · Above median
Operating margin (12 months)15.2% · Below median
Growth and dividend
Revenue growth (quarter YoY)−2.3% · Below median
Dividend yield (12 months)4.3% · Above median
Balance sheet
Debt / equity0.09× · Below median
Valuation Multiplesvs Real Estate Services median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Founding Construction Development Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/5533
Frequently asked questions
Is Founding Construction Development Co Ltd (5533) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 16.95 TWD versus a price of 13.85 TWD, about +22% upside (undervalued).
What is the fair value of 5533?
Our model-based fair value for Founding Construction Development Co Ltd is 16.95 TWD (as of Nov 8, 2026), built from audited fundamentals. The current price: 13.85 TWD.
What is the quality score of 5533?
Founding Construction Development Co Ltd has a Quality Score of 49/100. 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 Founding Construction Development Co Ltd (5533)?
Our model-based price target is the fair value of 16.95 TWD (as of Nov 8, 2026) from 9 valuation models. Cautious scenario 13.80 TWD, optimistic scenario 20.11 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Founding Construction Development Co Ltd stock forecast for 2026?
Our models put fair value at 16.95 TWD, about +22% upside versus a price of 13.85 TWD (undervalued). Cautious scenario 13.80 TWD, optimistic scenario 20.11 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Founding Construction Development Co Ltd (5533)?
Founding Construction Development Co Ltd reported trailing-twelve-month revenue of about 1.2B TWD (latest available figure, as of Nov 8, 2026).
Does Founding Construction Development Co Ltd pay a dividend?
Founding Construction Development Co Ltd currently shows a dividend yield of 4.33% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Founding Construction Development Co Ltd (5533) and when is the ex-dividend date?
Founding Construction Development Co Ltd pays a dividend of 0.6 TWD per share a year, a dividend yield of 4.3%. The last ex-dividend date was Jul 9, 2026. The payout ratio is 102% of earnings. Our assessment: Pays more than it earns. The company pays out more in dividends than it earns, and free cash flow clearly does not cover the dividend either. It may need to be cut unless profits recover.
What is the intrinsic value of Founding Construction Development Co Ltd (5533)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Founding Construction Development Co Ltd it is 16.95 TWD per share (as of Nov 8, 2026), against a price of 13.85 TWD. It is the blended result of 9 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Founding Construction Development Co Ltd stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 5533 trades below its calculated fair value: price 13.85 TWD, fair value 16.95 TWD, a gap of about +22% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 5533?
No. The price is what the market pays today (13.85 TWD); the fair value is what the company's own numbers justify (16.95 TWD). For Founding Construction Development Co Ltd the two are 3.10 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Founding Construction Development Co Ltd worth?
The market values Founding Construction Development Co Ltd at about 4.0B TWD (market capitalisation, as of Nov 8, 2026). Per share that is 13.85 TWD; our models calculate a fair value of 16.95 TWD per share.
What do the bullish and bearish scenarios say about 5533?
Our models span a range for Founding Construction Development Co Ltd: cautious scenario 13.80 TWD, base 16.95 TWD, optimistic 20.11 TWD per share (as of Nov 8, 2026, price 13.85 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 5533?
Founding Construction Development Co Ltd trades at a price-to-earnings ratio of 23.5 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 16.95 TWD is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings: 15.3. Other multiples: P/B 0.4, P/S 3.5, EV/EBITDA 9.6.
How solid is the balance sheet of Founding Construction Development Co Ltd (5533)?
Balance-sheet figures for Founding Construction Development Co Ltd (as of Nov 8, 2026): return on equity 1.8%, debt of 0.09 per unit of equity. They feed the Quality Score of 49/100, which measures business quality independently of the share price.
How far is 5533 from its 52-week high?
Founding Construction Development Co Ltd trades at 13.85 TWD, about 6% below its 52-week high of 14.80 TWD and 3% above the low of 13.50 TWD (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of 16.95 TWD is for.
Which stocks are comparable to Founding Construction Development Co Ltd?
From the same area (Real Estate) we also value CBRE Group, Cellnex Telecom, S.A, KE Holdings, Swire Properties Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Founding Construction Development Co Ltd stock attractive at the current price?
The data as of Nov 8, 2026: price 13.85 TWD, calculated fair value 16.95 TWD (+22%), Quality Score 49/100, from 9 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 5533 calculated?
We run Founding Construction Development Co Ltd through 9 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of 16.95 TWD builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Founding Construction Development Co Ltd currently trades 18% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Founding Construction Development Co Ltd (5533)?
The closing price on Nov 9, 2026 was 13.85 TWD. Our model-based fair value is 16.95 TWD, about +22% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Founding Construction Development Co Ltd right now?
Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Where does the earnings growth of Founding Construction Development Co Ltd (5533) come from?
Earnings per share at Founding Construction Development Co Ltd grew −2.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share −1.6 %, EBIT margin −2.0 %, tax rate −0.2 %, residual (interest, one-offs) +1.5 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Founding Construction Development Co Ltd
How large is the market capitalisation of Founding Construction Development Co Ltd (5533)?
The market capitalisation of Founding Construction Development Co Ltd is 4.0B TWD (≈ $121M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Founding Construction Development Co Ltd (5533)?
The price-to-sales ratio of Founding Construction Development Co Ltd is 3.46 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Founding Construction Development Co Ltd (5533)?
Earnings per share at Founding Construction Development Co Ltd are 0.5900 TWD (price ÷ EPS = P/E 23.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Founding Construction Development Co Ltd (5533)?
The dividend yield of Founding Construction Development Co Ltd is 4.3% (payout 102%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Founding Construction Development Co Ltd (5533)?
The net margin of Founding Construction Development Co Ltd is 14.6% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Founding Construction Development Co Ltd (5533)?
The return on equity (ROE) of Founding Construction Development Co Ltd is 1.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Founding Construction Development Co Ltd (5533)?
On an EBIT basis the return on assets of Founding Construction Development Co Ltd is 6.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Founding Construction Development Co Ltd (5533)?
The operating margin of Founding Construction Development Co Ltd is 15.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Founding Construction Development Co Ltd (5533)?
Revenue at Founding Construction Development Co Ltd is growing −2.3% versus a year earlier (3y avg −37.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Founding Construction Development Co Ltd (5533)?
Earnings per share at Founding Construction Development Co Ltd are growing −6.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Founding Construction Development Co Ltd (5533) generate?
The free cash flow of Founding Construction Development Co Ltd is −319M TWD (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Founding Construction Development Co Ltd (5533) hold?
Founding Construction Development Co Ltd holds more cash than debt, 1.2B TWD net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 8, 2026