Dimerco Express Corporation (5609) Fair Value & Analysis
Industrials · TW · Market cap 11.1B TWD
Fair value as of: Jul 21, 2026
From 24 valuation models · updated 20 days ago
Fair value updated Jul 21, 2026, revised from 168.00 TWD to 124.05 TWD (−26.2%) since Jun 25, 2026. Share price +0.6% over the past month.
A solid business, screening 56% undervalued on our models.
What matters now
- The rarer combination: high quality (73/100) AND below fair value. That earns a closer look rather than a quick verdict.
- The price is below even our cautious bear case (93.04 TWD). The market is more pessimistic than our downside scenario.
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 34.35 TWD – 85.54 TWD · fair‑value band 93.04 TWD – 153.20 TWD · the 79.40 TWD price screens below the 124.05 TWD fair value. Dashed = 300-day average. As of Jul 21, 2026.
Analysis
Dimerco Express Corporation (5609) currently trades at 79.40 TWD, while our model-based Fair Value estimate is 124.05 TWD, implying the stock looks roughly 56.2% undervalued today. The Quality Score stands at 73/100 (solid quality), in the Industrials 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: high), always confirm before acting.
Over the trailing twelve months, Dimerco Express Corporation generated revenue of 29.6B TWD at a net margin of 3.8%. Revenue declined 0.9% year over year. It earns a return on equity of 18.8%. The balance sheet holds a net cash position of 4.2B TWD. Fundamentals as of Jul 21, 2026
Our scenario range runs from 93.04 TWD (bear case) to 153.20 TWD (bull case); at 79.40 TWD, the current price sits below 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 7% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -11% fair-value upside, at 56%, 5609 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 24 models by family
Widest divergence: DCF Models (195.29 TWD) versus Asset-Based (30.18 TWD). Highest evidence: Growth DCF (80).
Notify me when 5609 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 73 · Market factors (momentum, volatility) 69
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
Dimerco Express Corporation, together with its subsidiaries, operates as a shipping and logistics company in Asia, the Americas, and Europe.
Full company description
Dimerco Express Corporation, together with its subsidiaries, operates as a shipping and logistics company in Asia, the Americas, and Europe. The company provides air freight services, including consolidated, standard, and expedited and next flight out, as well as charter services; ocean freight services, such as buyer's consolidation, cross-dock, project logistics, and EDI/API support for rapid data integration services; road and rail services; and multimodal transport, including sea/air freight, air/sea freight, and cross-border road freight services. It also offers customs brokerage services, such as customs clearance, trade compliance consulting, FTZ operation, and digitization of custom procedures; and contract logistics services comprising warehousing and distribution, bonded warehouse, and service logistics solutions. In addition, the company provides supply chain solutions, such as project logistics, purchase order management, data integration, and supply chain consulting services; customs brokerage and compliance; and cargo insurance, as well as automotive logistics services. It serves aerospace, automotive, consumer electronics, semiconductors, medical devices and equipment, and fashion and lifestyle industries. The company was formerly known as Dimerco Express Taiwan Corp. and changed its name to Dimerco Express Corporation in June 2012. Dimerco Express Corporation was founded in 1971 and is headquartered in Taipei, Taiwan.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Dimerco Express Corporation reported revenue of 29.7B TWD in FY2025 versus 39.0B TWD in FY2021, a compound −6.6%/yr. Reported net income was 1.1B TWD in FY2025, compounding −16.4%/yr from FY2021.
of which total revenue +9.2 pp · buybacks/dilution +0.3 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
Watch 5609: get an alert when its fair value changes →
Peer Group
Integrated Freight & Logistics · 218 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 Integrated Freight & Logistics 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.
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 Integrated Freight & Logistics stocks, each showing price versus our Fair Value estimate (as of Jul 21, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| United Parcel Service, Inc UPS | $117.72 | $104.58 | -11% |
| FedEx Corporation FDX | $314.69 | $347.68 | +10% |
| Deutsche Post AG DHL | €57.22 | €53.18 | -7% |
| DSV A/S DSV | kr 1,660 | kr 712.57 | -57% |
| Kuehne + Nagel International AG KNIN | CHF 209.90 | CHF 147.92 | -30% |
| J.B. Hunt Transport Services, Inc JBHT | $291.41 | $133.80 | -54% |
| S.F. Holding 002352 | ¥31.91 | ¥48.64 | +52% |
| C.H. Robinson Worldwide, Inc CHRW | $193.50 | $86.56 | -55% |
| Expeditors International of Washington, Inc EXPD | $172.02 | $115.95 | -33% |
| ZTO Express (Cayman) Inc 2057 | HK$181.40 | HK$241.93 | +33% |
Compare Dimerco Express Corporation with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Frequently asked questions
Is Dimerco Express Corporation (5609) overvalued or undervalued?
What is the fair value of 5609?
What is the quality score of 5609?
What is the revenue of Dimerco Express Corporation (5609)?
What is the net profit margin of 5609?
Does Dimerco Express Corporation pay a dividend?
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 Dimerco Express Corporation 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.