Obermatt

TS Financial Holding

TAI:2887 · TW0002887007
BanksSmall

360

23
Profit price46
Cash yield61
Price/Sales36
EV / Gross Profit24
Price/Book37
Returns on capital28
Profit margins
Cash Conversion29
Accruals81
Owner Earnings Margin91
Sales growth52
Profit Growth62
Owner Earnings Growth100
Reinvestment21
Price momentum83
Debt load36
Debt serviceability60
Liquidity49
Analyst ratings24
Opinion Changes50
Price Target Upside3
Market mood40
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

TS Financial Holding 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
SizeSmall
TypePublic Company
ExchangeTWSE
Founded2003
Employees180
ISINTW0002887007
Last UpdateApr 2, 2026

Description

TS Financial Holding Co., Ltd. operates as a financial holding company established through the share conversion of Taishin International Commercial Bank Co., Ltd. and Daan Commercial Bank Co., Ltd. The company offers various financial services, which…

Analysis

Weak and unloved

TS Financial Holding Co., Ltd. scores below average on quality and is priced accordingly, a low-conviction position in either direction.

On valuation, the picture is attractive. The owner-earnings multiple stands at 12.5×; owner earnings: the cash an owner could take out each year.

Growth is solid; the safety picture is adequate. The company scores 13/20 on our value-creation score: creating some value. Analyst sentiment is cautious.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
48
2023202420252026

All-time high

57

Jan 2024

All-time low

17

Jan 2025

Average rank

35

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
36
40
20
21
Price/Earnings
57
31
17
16
Price/Book
37
29
23
19
Dividend Yield
61
62
34
54
Value (overall)
53
31
14
15

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 →