Taiwan Cooperative Financial Holding Co Ltd (5880) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Taiwan Cooperative Financial Holding Co Ltd stock TWD 13.37, price TWD 28.50, that is 53.1% below the price, quality 45 out of 100. Rating: strongly overvalued. Calculated from audited financials with 6 of our 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 1, 2026.
How to read this chart
60‑month range 16.48 TWD – 29.05 TWD · fair‑value band 12.48 TWD – 14.88 TWD · the 28.50 TWD price screens above the 13.37 TWD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 1, 2026.
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Taiwan Cooperative Financial Holding Co., Ltd., together with its subsidiaries, provides banking, insurance, securities, bills finance, investment trust, asset management, and capital management services in Taiwan. The company offers general deposits and loans.
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It is also involved in the planning, management, and operation of the trust business; securities investment trust, discretionary investment, and securities investment consulting business; venture capital activities; investment consulting; and financial leasing business.
In addition, the company engages in securities brokerage; brokerage and trading of short-term bills; issuance and underwriting services of commercial promissory notes; guarantor services for promissory notes or bills of exchange; brokerage services for interbank lending; consulting services related to corporate finance; brokerage and trading of government bonds; signing, underwriting, brokerage, and trading of financial bonds; trading of corporate bonds; investing in related equity products; and other related businesses.
Further, it is involved in the purchase, appraisal, auction, and management of financial institutions' financial claims, as well as the acquisition of accounts receivable and management of overdue receivables.
Further, the company offers personal injury, health, annuity, and investment-type insurance products, along with life and property insurance brokerage services. Taiwan Cooperative Financial Holding Co., Ltd. was incorporated in 2011 and is based in Taipei, Taiwan.
Stock analysis
Taiwan Cooperative Financial Holding Co Ltd (5880) currently trades at 28.50 TWD, while our model-based Fair Value estimate is 13.37 TWD, 53% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 17.22 TWD per share, and 0 of the 6 models we run sit above the 28.50 TWD price.
Bear case: the Dividend Discount group reads lowest at 8.50 TWD, and 6 of the 6 models stay below the price. Data coverage for this calculation is low.
Scenario range: 12.48 TWD (bear) to 14.88 TWD (bull), the price of 28.50 TWD sits above 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 45/100 (below-average quality), in the Financial Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Taiwan Cooperative Financial Holding Co Ltd reported revenue of 147B TWD in FY2025 versus 67.7B TWD in FY2021, a compound +21.5%/yr. Reported net income was 21.3B TWD in FY2025, compounding +0.9%/yr from FY2021.
Key figures
Market cap 499B TWD (≈ $15.2B) Large · P/E ratio 21.4 · P/S ratio 6.67 · EPS (TTM) 1.33 TWD · Dividend yield 2.7% · Net margin 32.6% · Return on equity 9.0% · Return on assets (EBIT) 0.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 60 out of 100 (medium confidence).
What moves the price
The share trades about 2% below its 52-week high and 26% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −35% fair-value upside, at −53%, 5880 screens richer than that median.
Fair Value models
Bear12.48 TWDFair Value 13.37 TWDBull14.88 TWD
Price 28.50 TWD · Downside -53.1%
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. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (0.4663 TWD per share) are deliberately not added.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.
Best data coverage
Residual Income14.68 TWD15.73 TWD17.50 TWD76
Gordon GGM6.34 TWD8.50 TWD10.74 TWD69
DDM Multi-Stage6.34 TWD8.84 TWD11.93 TWD67
All 6 models by family
Dividend Discount
Gordon GGM6.34 TWD8.50 TWD10.74 TWD69
DDM Multi-Stage6.34 TWD8.84 TWD11.93 TWD67
Multiples
P/E Multiple12.92 TWD17.22 TWD21.53 TWD63
P/B Multiple17.93 TWD23.91 TWD29.88 TWD55
Asset-Based
NCAV (Graham)8.54 TWD11.44 TWD17.08 TWD54
Economic Profit
Residual Income14.68 TWD15.73 TWD17.50 TWD76
The fair value above starts from this blend and is adjusted for dilution from new shares.
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.87/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+3.8%
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.
+22.9%
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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.
+6.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+3.5%
Dividend (yield on the price)2.7%
Per share before 2022divided by the spin-off factor 1.03
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.3.5% vs 3.7%, steady
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.28% → 18%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−4.2%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Taiwan: IMF forecast 1.6% a year to 2030, 1.5% from 2016 to 2025) that is about −5.7% a year for the price.
Compare Taiwan Cooperative Financial Holding 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.Banks - Regional · 1002 stocks
Beats the industry median on 4/14 measures
Overall it trails its industry peers.
Valuation
Quality Score45 · Bottom 25%
Fair Value upside−53.1% · Bottom 25%
Profitability
Return on equity (12 months)9.0% · Below median
Return on assets0.4% · Bottom 25%
Net margin (12 months)32.6% · Above median
Operating margin (12 months)53.4% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)27.1% · Top 25%
Dividend yield (12 months)2.7% · Above median
Balance sheet
Debt / equity0.73× · Highest 25%
Valuation Multiplesvs Banks - Regional median · lower = cheaper
P/E (12 months)21.4× · Priciest 25%
P/B1.79× · Priciest 25%
P/S (12 months)6.67× · Priciest 25%
Price / free cash flow17.6× · Priciest 25%
EV/EBITDA10.9× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 8
FUTURE (revenue growth)100· sector 48
PAST (return on equity)36· sector 43
HEALTH (low debt)63· sector 85
DIVIDEND (yield)55· sector 52
VALUE 0: the price sits above our fair-value range.
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). "Taiwan Cooperative Financial Holding Co Ltd Fair Value". https://www.fairvalue-calculator.com/stock/5880
Frequently asked questions
Is Taiwan Cooperative Financial Holding Co Ltd (5880) overvalued or undervalued?
As of Nov 1, 2026, our model estimates a fair value of 13.37 TWD versus a price of 28.50 TWD, about 53% lower (overvalued).
What is the fair value of 5880?
Our model-based fair value for Taiwan Cooperative Financial Holding Co Ltd is 13.37 TWD (as of Nov 1, 2026), built from audited fundamentals. The current price: 28.50 TWD.
What is the quality score of 5880?
Taiwan Cooperative Financial Holding Co Ltd has a Quality Score of 45/100. 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 Taiwan Cooperative Financial Holding Co Ltd (5880)?
Our model-based price target is the fair value of 13.37 TWD (as of Nov 1, 2026) from 6 valuation models. Cautious scenario 12.48 TWD, optimistic scenario 14.88 TWD. It is a calculation from audited fundamentals, not an analyst target.
What is the Taiwan Cooperative Financial Holding Co Ltd stock forecast for 2026?
Our models put fair value at 13.37 TWD, about 53% lower versus a price of 28.50 TWD (overvalued). Cautious scenario 12.48 TWD, optimistic scenario 14.88 TWD. The calculation is refreshed regularly with new filings.
What is the revenue of Taiwan Cooperative Financial Holding Co Ltd (5880)?
Taiwan Cooperative Financial Holding Co Ltd reported trailing-twelve-month revenue of about 74.9B TWD (latest available figure, as of Nov 1, 2026).
Does Taiwan Cooperative Financial Holding Co Ltd pay a dividend?
Taiwan Cooperative Financial Holding Co Ltd currently shows a dividend yield of 2.74% relative to its recent price (as of Nov 1, 2026).
What growth is priced into Taiwan Cooperative Financial Holding Co Ltd (5880)?
For today's price to be fair in a discounted-cash-flow model, Taiwan Cooperative Financial Holding Co Ltd would have to grow free cash flow by -4.2 % per year for five years (discount rate 8.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +16.1 % per year. As of Nov 1, 2026.
What discount rate (WACC) does the fair value of 5880 use?
Our models discount Taiwan Cooperative Financial Holding Co Ltd at 8.6 %: a base by market capitalisation (large), damped by beta 0.17, country premium for Taiwan. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Taiwan Cooperative Financial Holding Co Ltd that is -4.2 % per year a year over ten years, using the same discount rate (8.6 %) and the same formula as our fair value.
How much growth has Taiwan Cooperative Financial Holding Co Ltd (5880) delivered so far?
Over the past 5 years revenue at Taiwan Cooperative Financial Holding Co Ltd grew +16.1 % a year. The price currently implies -4.2 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Taiwan Cooperative Financial Holding Co Ltd (5880) growing?
The median revenue growth in the sector is +9.4 % a year. That is the yardstick for the growth priced into Taiwan Cooperative Financial Holding Co Ltd (-4.2 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Taiwan Cooperative Financial Holding Co Ltd (5880)?
The free-cash-flow yield on the price is 5.70 %: that much free cash flow Taiwan Cooperative Financial Holding Co Ltd produces per unit of market value. When it exceeds the discount rate of our models (8.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Taiwan Cooperative Financial Holding Co Ltd (5880)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Taiwan Cooperative Financial Holding Co Ltd it is 13.37 TWD per share (as of Nov 1, 2026), against a price of 28.50 TWD. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is Taiwan Cooperative Financial Holding Co Ltd stock overvalued or undervalued in 2026?
As of Nov 1, 2026, 5880 trades above its calculated fair value: price 28.50 TWD, fair value 13.37 TWD, a gap of about −53% (overvalued). 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 5880?
No. The price is what the market pays today (28.50 TWD); the fair value is what the company's own numbers justify (13.37 TWD). For Taiwan Cooperative Financial Holding Co Ltd the two are 15.13 TWD per share apart. That gap is exactly why we show both numbers side by side.
How much is Taiwan Cooperative Financial Holding Co Ltd worth?
The market values Taiwan Cooperative Financial Holding Co Ltd at about 499B TWD (market capitalisation, as of Nov 1, 2026). Per share that is 28.50 TWD; our models calculate a fair value of 13.37 TWD per share.
What do the bullish and bearish scenarios say about 5880?
Our models span a range for Taiwan Cooperative Financial Holding Co Ltd: cautious scenario 12.48 TWD, base 13.37 TWD, optimistic 14.88 TWD per share (as of Nov 1, 2026, price 28.50 TWD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 5880?
Taiwan Cooperative Financial Holding Co Ltd trades at a price-to-earnings ratio of 21.4 (as of Nov 1, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 13.37 TWD is built from several models across several years. Other multiples: P/B 1.8, P/S 6.7, EV/EBITDA 10.9.
How solid is the balance sheet of Taiwan Cooperative Financial Holding Co Ltd (5880)?
Balance-sheet figures for Taiwan Cooperative Financial Holding Co Ltd (as of Nov 1, 2026): return on equity 9.0%, debt of 0.73 per unit of equity. They feed the Quality Score of 45/100, which measures business quality independently of the share price.
How far is 5880 from its 52-week high?
Taiwan Cooperative Financial Holding Co Ltd trades at 28.50 TWD, about 2% below its 52-week high of 29.05 TWD and 26% above the low of 22.55 TWD (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of 13.37 TWD is for.
Which stocks are comparable to Taiwan Cooperative Financial Holding Co Ltd?
From the same area (Financial Services) we also value China Merchants Bank Co, DBS Group, UniCredit S.p.A, Mizuho Financial Group, 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 Taiwan Cooperative Financial Holding Co Ltd stock attractive at the current price?
The data as of Nov 1, 2026: price 28.50 TWD, calculated fair value 13.37 TWD (−53%), Quality Score 45/100, from 6 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 5880 calculated?
We run Taiwan Cooperative Financial Holding Co Ltd through 6 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 13.37 TWD, 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 15.5% above its aggregate fair value. Taiwan Cooperative Financial Holding Co Ltd itself currently trades above fair value. 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 Taiwan Cooperative Financial Holding Co Ltd (5880)?
The closing price on Nov 5, 2026 was 28.50 TWD. Our model-based fair value is 13.37 TWD, about 53% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Taiwan Cooperative Financial Holding Co Ltd right now?
The price sits above even our optimistic bull case (14.88 TWD). The favourable scenario is already priced in. Weak quality (45/100) 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. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Taiwan Cooperative Financial Holding Co Ltd (5880) come from?
Earnings per share at Taiwan Cooperative Financial Holding Co Ltd grew +3.3 % a year from 2014 to 2025. Broken into its drivers: revenue per share +8.0 %, EBIT margin −3.6 %, tax rate −0.8 %, residual (interest, one-offs) +0.0 %. 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 Taiwan Cooperative Financial Holding Co Ltd
How large is the market capitalisation of Taiwan Cooperative Financial Holding Co Ltd (5880)?
The market capitalisation of Taiwan Cooperative Financial Holding Co Ltd is 499B TWD (≈ $15.2B). 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 Taiwan Cooperative Financial Holding Co Ltd (5880)?
The price-to-sales ratio of Taiwan Cooperative Financial Holding Co Ltd is 6.67 (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 Taiwan Cooperative Financial Holding Co Ltd (5880)?
Earnings per share at Taiwan Cooperative Financial Holding Co Ltd are 1.33 TWD (price ÷ EPS = P/E 21.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Taiwan Cooperative Financial Holding Co Ltd (5880)?
The dividend yield of Taiwan Cooperative Financial Holding Co Ltd is 2.7% (payout 58.7%). 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 Taiwan Cooperative Financial Holding Co Ltd (5880)?
The net margin of Taiwan Cooperative Financial Holding Co Ltd is 32.6% (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 Taiwan Cooperative Financial Holding Co Ltd (5880)?
The return on equity (ROE) of Taiwan Cooperative Financial Holding Co Ltd is 9.0% (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 Taiwan Cooperative Financial Holding Co Ltd (5880)?
On an EBIT basis the return on assets of Taiwan Cooperative Financial Holding Co Ltd is 0.5% (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 Taiwan Cooperative Financial Holding Co Ltd (5880)?
The operating margin of Taiwan Cooperative Financial Holding Co Ltd is 53.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Taiwan Cooperative Financial Holding Co Ltd (5880)?
Revenue at Taiwan Cooperative Financial Holding Co Ltd is growing +27.1% versus a year earlier (3y avg +22.9%). 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 Taiwan Cooperative Financial Holding Co Ltd (5880)?
Earnings per share at Taiwan Cooperative Financial Holding Co Ltd are growing +41.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Taiwan Cooperative Financial Holding Co Ltd (5880) carry?
The net debt of Taiwan Cooperative Financial Holding Co Ltd is 323B TWD (fiscal year 2025, ≈ 11.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 1, 2026