Obermatt

First Financial

TAI:2892 · TW0002892007
BanksMedium

360

7
Profit price19
Cash yield79
Price/Sales17
EV / Gross Profit13
Price/Book20
Returns on capital19
Profit margins
Cash Conversion6
Accruals23
Owner Earnings Margin73
Sales growth7
Profit Growth47
Owner Earnings Growth84
Reinvestment45
Price momentum33
Debt load17
Debt serviceability60
Liquidity21
Analyst ratings22
Opinion Changes50
Price Target Upside20
Market mood69
Value Creation13/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

First Financial clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountryTaiwan
IndustryBanks
SizeMedium
TypePublic Company
ExchangeTWSE
Founded2003
ISINTW0002892007
Last UpdateApr 2, 2026
Themes
Asset ManagementBankingFinancial ServicesImpact InvestingInsurance

Description

First Financial Holding Co., Ltd., through its subsidiaries, provides various financial products and services. Business Segments The company operates through Banking, Securities, Insurance, Asset Management, Venture Capital, Other Related Financial…

Analysis

Weak and unloved

First Financial Holding Co., Ltd. is weak and unloved: below-average business metrics and a price that reflects that disappointment.

The price is attractive. You pay 14.9× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone.

The trajectory is moderate and the balance sheet is adequate. The company scores 13/20 on our value-creation score: creating some value. Analyst sentiment is cautious.

What to watch: Some accounting patterns deserve a closer look. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
6
2023202420252026

All-time high

15

Jan 2023

All-time low

4

Jan 2024

Average rank

8

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
17
19
10
13
Price/Earnings
25
12
10
14
Price/Book
20
20
10
15
Dividend Yield
79
23
32
65
Value (overall)
31
7
6
13

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →