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Choice Development, Inc (9929) Fair Value & Analysis

Industrials · TW · Market cap 1.2B TWD

Price11.45 TWD
Fair Value17.98 TWD
Upside+57.0%
Quality93/100
Evidence: High Range 14.38 TWD – 22.52 TWD

Fair value as of: Jun 24, 2026

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Analysis

Choice Development, Inc (9929) currently trades at 11.45 TWD, while our model-based Fair Value estimate is 17.98 TWD — implying the stock looks roughly 57.0% undervalued today. We read business quality at 93/100 (high 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.

About the company

Choice Development, Inc., doing business as Choice Printing Group, operates as a publication printer in Taiwan. It operates through the Printing, Advertising, Innovation, and Development segments. The company engages in printing; paper folding and binding; photography; design; retail sale of medical equipment; general advertising services; and industrial factory development and rental. It also provides general advertising services; housing and building development and rental; and pre-press services, including CTP and FTP. In addition, the company offers print services, such as sheeting machine; post-processing, various origami, rolling, pasting, embossing, debossing, and scratch cards, as well as thermal paper, gift vouchers, labels, and stickers. Further, it provides binding services comprising saddle stitch and glue binding; packaging, shrink film, and self-adhesive bags; square and round back hardcover; double iron coil binding; different types of varnishing that include water-ba…

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Frequently asked questions

Is Choice Development, Inc (9929) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 17.98 TWD versus a price of 11.45 TWD — about +57% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 9929?
Our 21-model fair value for Choice Development, Inc is 17.98 TWD (as of Jun 24, 2026), built from audited fundamentals. The current price is 11.45 TWD.
What is the quality score of 9929?
Choice Development, Inc has a Quality Score of 93/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.