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Farglory Free Trade Zone Investment Holding (5607) Fair Value & Analysis

Industrials · TW · Market cap 18.5B TWD

FF Farglory Free Trade Zone Investment Holding 5607 · TW
Price48.95 TWD
Fair Value47.15 TWD
Upside-3.7%
Quality58/100
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Healthy Growth
Highly profitable · 27.0% net margin
Moderate debt · generates free cash flow
3.58% dividend yield
Ranks above peers (11/14)
Wide moat 69/100
Evidence: High Range 29.38 TWD – 58.94 TWD Share as image

Fair value as of: Jul 23, 2026

From 26 valuation models · updated 18 days ago

Share price −4.4% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (29.38 TWD to 58.94 TWD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

62.50 TWD 19.18 TWD Fair Value 47.15 TWD Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 23, 2026.

How to read this chart

60‑month range 19.18 TWD – 62.50 TWD · fair‑value band 29.38 TWD – 58.94 TWD · the 48.95 TWD price screens above the 47.15 TWD fair value. Dashed = 300-day average. As of Jul 23, 2026.

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Analysis

Farglory Free Trade Zone Investment Holding (5607) currently trades at 48.95 TWD, while our model-based Fair Value estimate is 47.15 TWD, implying the stock looks roughly 3.7% fairly valued today. The Quality Score stands at 58/100 (solid 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: high).

Over the trailing twelve months, Farglory Free Trade Zone Investment Holding generated revenue of 4.5B TWD at a net margin of 27.0%. Revenue grew 35.7% year over year. It earns a return on equity of 10.9%. Net debt stands at 13.4B TWD. Fundamentals as of Jul 23, 2026

Our scenario range runs from 29.38 TWD (bear case) to 58.94 TWD (bull case); at 48.95 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 14% below its 52-week high and 31% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -35% fair-value upside, at -4%, 5607 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 BearBaseBull Evidence
Highest evidence
Growth DCF 35.62 TWD 76.17 TWD 144.02 TWD 80
Residual Income 25.78 TWD 28.31 TWD 39.82 TWD 76
Rev-Margin DCF 7.17 TWD 20.56 TWD 37.77 TWD 74
All 26 models by family
DCF Models
FCF DCF 35.85 TWD 79.48 TWD 154.13 TWD 38
Owner Earnings 33.33 TWD 75.01 TWD 146.33 TWD 31
5Y Revenue Exit 7.17 TWD 20.13 TWD 36.39 TWD 39
5Y EBITDA Exit 38.54 TWD 84.00 TWD 140.48 TWD 41
5Y P/E Exit 24.92 TWD 56.25 TWD 91.39 TWD 38
10Y Revenue Exit 15.97 TWD 31.34 TWD 52.49 TWD 36
10Y EBITDA Exit 37.14 TWD 77.81 TWD 138.58 TWD 37
10Y P/E Exit 28.15 TWD 57.63 TWD 97.98 TWD 35
Earnings-Based
Graham-Dodd 18.86 TWD 83.75 TWD 114.70 TWD 54
Lynch FV 21.73 TWD 31.04 TWD 40.35 TWD 50
PEG = 1.0 21.73 TWD 31.04 TWD 40.35 TWD 46
EPV 14.12 TWD 19.88 TWD 24.92 TWD 59
Dividend Discount
Gordon GGM 9.90 TWD 20.59 TWD 32.66 TWD 70
DDM Multi-Stage 9.90 TWD 17.36 TWD 21.61 TWD 61
Multiples
P/E Multiple 43.69 TWD 58.25 TWD 72.81 TWD 63
P/S Multiple 16.77 TWD 22.36 TWD 27.95 TWD 58
P/B Multiple 35.36 TWD 47.15 TWD 58.94 TWD 55
EV/EBIT 32.18 TWD 49.72 TWD 67.25 TWD 53
EV/EBITDA 45.22 TWD 67.10 TWD 88.98 TWD 54
EV/Revenue 5.73 TWD 43
Asset-Based
NCAV (Graham) 14.91 TWD 19.99 TWD 29.83 TWD 50
Growth DCF
Growth DCF 35.62 TWD 76.17 TWD 144.02 TWD 80
Rev-Margin DCF 7.17 TWD 20.56 TWD 37.77 TWD 74
Economic Profit
Residual Income 25.78 TWD 28.31 TWD 39.82 TWD 76
ROIC Compounder 14.12 TWD 19.88 TWD 24.92 TWD 72
Growth Earnings
Growth-Adj P/E 35.60 TWD 50.86 TWD 66.12 TWD 68

Widest divergence: DCF Models (57.63 TWD) versus Dividend Discount (17.36 TWD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 4.5B TWD
Revenue growth (YoY) +35.7%
Net margin 27.0%
Return on equity 10.9%
Free cash flow 1.6B TWD FY2025
P/E ratio 15.4
More key figures
Operating margin 44.2%
EPS (TTM) 3.24 TWD
Dividend yield 3.6%
EPS growth (YoY) +93.9%
Net debt 13.4B TWD FY2025

Figures from reported company fundamentals · as of Jul 23, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 58/100

Of which business quality 56 · Market factors (momentum, volatility) 55

Profitability 39
Margins and returns on capital today
Quality Growth 69
Are margins and returns improving?
Cashflow 94
Earnings quality: real cash, not paper profit
Fin. Strength 29
Balance sheet, leverage, solvency risk
Investment 53
Disciplined investing over empire-building
Low Volatility 78
Calm price path (market factor)
Momentum 48
Price trend over the last 3–12 months (market factor)
52W Momentum 42
Distance to the 52-week high (market factor)
Net Issuance 53
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

Farglory Free Trade Zone Investment Holding Co., Ltd., an investment holding company, provides free trade zone and logistics services in Taiwan. The company offers airline containers, pallets safekeeping, and warehousing services. It also engages in leasing office space and factory building, as well as being involved in the construction development business.

Full company description

Farglory Free Trade Zone Investment Holding Co., Ltd., an investment holding company, provides free trade zone and logistics services in Taiwan. The company offers airline containers, pallets safekeeping, and warehousing services. It also engages in leasing office space and factory building, as well as being involved in the construction development business. In addition, the company operates air cargo service, and exports machinery; and provides air cargo handling, container and pallet loading and unloading, truck loading and unloading, sorting, and packaging services, as well as import and export warehouse operations and leasing of factory buildings. Farglory Free Trade Zone Investment Holding Co., Ltd. was incorporated in 1991 and is based in Taipei, Taiwan.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Farglory Free Trade Zone Investment Holding reported revenue of 4.1B TWD in FY2025 versus 2.5B TWD in FY2021, a compound +13.0%/yr. Reported net income was 1.0B TWD in FY2025, compounding +15.8%/yr from FY2021.

Growth Quality 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
4.1B TWD
Latest YoY
+19.6%
Avg. growth/yr (3Y)
+9.0%
Avg. growth/yr (5Y)
+16.8%
Avg. growth/yr (23Y)
+8.4%
Revenue +13.0%/yr
FY21 2.5B TWD
FY22 3.2B TWD
FY23 2.9B TWD
FY24 3.5B TWD
FY25 4.1B TWD
Net income +15.8%/yr
FY21 571M TWD
FY22 1.1B TWD
FY23 892M TWD
FY24 717M TWD
FY25 1.0B TWD

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Cite: Fair Value Calculator (2026). "Farglory Free Trade Zone Investment Holding Fair Value". https://www.fairvalue-calculator.com/stock/5607

Peer Group

Specialty Business Services · 255 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 58 · Above median
Fair Value upside −4% · Above median
Return on equity (TTM) 11% · Above median
Return on assets 4% · Above median
Net margin (TTM) 27% · Top 25%
Operating margin (TTM) 44% · Top 25%
Revenue growth 36% · Top 25%
Dividend yield (TTM) 3.6% · Above median
Debt / equity 0.76× · Higher than 75% of peers

Valuation Multiples vs Specialty Business Services median · lower = cheaper

P/E (TTM) 15.4× · Cheaper than median
P/B 1.68× · Cheaper than median
P/S (TTM) 4.15× · Pricier than 75% of peers
P/FCF 0.4× · Cheaper than 75% of peers
EV/EBITDA 9.9× · Pricier 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 28 · sector 24
FUTURE 100 · sector 25
PAST 44 · sector 33
HEALTH 62 · sector 92
DIVIDEND 72 · sector 54

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 Specialty Business Services stocks, each showing price versus our Fair Value estimate (as of Jul 23, 2026).

Stock Price Fair Value vs Fair Value
Cintas Corporation CTAS $206.25 $95.30 -54%
RELX PLC RELX $33.70 $32.49 -4%
Thomson Reuters Corporation TRI C$133.87 C$70.40 -47%
Copart, Inc CPRT $27.61 $28.59 +4%
Global Payments Inc GPN $80.49 $69.67 -13%
RB Global, Inc RBA C$156.43 C$49.14 -69%
Brambles Limited BXB A$18.79 A$12.28 -35%
UL Solutions Inc ULS $87.76 $33.62 -62%
Wolters Kluwer N.V WKL €62.56 €103.99 +66%
Aramark ARMK $56.74 $13.73 -76%

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Frequently asked questions

Is Farglory Free Trade Zone Investment Holding (5607) overvalued or undervalued?
As of Jul 23, 2026, our model estimates a fair value of 47.15 TWD versus a price of 48.95 TWD, about −4% (fairly valued).
What is the fair value of 5607?
Our model-based fair value for Farglory Free Trade Zone Investment Holding is 47.15 TWD (as of Jul 23, 2026), built from audited fundamentals. The current price is 48.95 TWD.
What is the quality score of 5607?
Farglory Free Trade Zone Investment Holding has a Quality Score of 58/100. 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 Farglory Free Trade Zone Investment Holding (5607)?
Farglory Free Trade Zone Investment Holding reported trailing-twelve-month revenue of about 4.5B TWD (latest available figure, as of Jul 23, 2026).
What is the net profit margin of 5607?
The net profit margin of Farglory Free Trade Zone Investment Holding is about 27.0%, meaning it keeps roughly 27.0% of revenue as net income. Based on the latest reported figures.
Does Farglory Free Trade Zone Investment Holding pay a dividend?
Farglory Free Trade Zone Investment Holding currently shows a dividend yield of about 3.42% relative to its recent price (as of Jul 23, 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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