Ancang Construction Corp Ltd.

NT$20.50As of Sun 8 Nov 2026, 12:00 UTC

TPEx:5548Industrials

Country Taiwan

PE (Fwd) 9.677

TSR 4Y CAGR 20.67%

Div yield —

ROE 10.27%

Engineering & Construction

Beta (5Y) —

PE TTM 12.43

TSR TTM 3.63%

Mkt cap NT$1.200B

ROIC 9.48%

SE Grade™

Value

Quality

Moat

1Y Price

Reference

NT$21

2.81%

160.77%

Price below Reference Value

TTM

FYE 31 Dec TWD

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

2.596

RevenueNT$B

—

1.533

1.899

2.177

2.494

2.725

17.60%

—

Revenue growth%

—

23.88

14.60

14.56

9.27

14.60

—

10.65

Gross margin%

—

9.84

10.57

11.59

11.16

10.67

10.87

—

4.74

Operating margin%

—

4.24

4.49

5.44

5.17

4.75

4.83

—

4.49

Net margin%

—

4.22

4.45

4.78

4.66

4.50

4.55

—

12.43

P/E ratio (avg)x

—

7.513

9.403

12.97

12.58

10.54

10.99

—

11.54

EV/EBITx

—

13.67

11.98

11.97

11.30

11.82

11.97

—

(10.49)

FCF yield (avg)%

—

(9.79)

27.92

(8.26)

12.99

(11.54)

2.36

—

(5.86)

FCF margin%

—

(3.10)

11.68

(5.12)

7.61

(5.47)

2.26

—

(1.304)

FCF / Net incomex

—

(0.735)

2.626

(1.071)

1.634

(1.216)

0.449

—

9.48

ROIC%

—

7.50

10.41

12.17

11.15

9.47

10.78

—

10.27

Return on equity%

—

13.93

16.74

12.61

10.33

10.51

13.27

—

4.89

Return on assets%

—

4.50

5.80

4.50

5.17

5.01

4.83

—

1.65

EPSNT$

—

1.61

2.07

2.27

1.84

1.94

4.55%

—

EPS growth%

—

28.26

9.72

(18.80)

5.45

9.72

—

16.06

Bookvalue per shNT$

—

11.58

13.37

24.10

18.18

19.00

16.21%

—

(2.15)

FCF per shareNT$

—

(1.19)

5.44

(2.43)

3.01

(2.37)

(25.54%)

—

Dividend per shNT$

—

Div yield (avg)%

—

Payout ratio%

—

58.51

Shares (diluted)M

—

40.08

40.83

45.81

63.01

◌63.01

16.27%

—

Buyback yield%

—

(1.87)

(12.19)

(37.53)

◌—

(12.19)

—

0.362

D/E ratiox

—

1.048

0.688

0.522

0.160

0.343

0.605

—

1.421

Enterprise valueNT$B

—

0.888

1.023

1.418

1.457

1.530

17.92%

—

LT debtNT$M

—

Peers (US$36.45M)

Cap (US$)

YIHO International Co.…

36.78M

26.45x

Jioushun Construction…

30.96M

9.643x

Chang Jia M&E Engineer…

26.74M

12.19x

HPC Holdings Limited

36.53M

3.235x

Capital

TTM

10Y

Leveragex

1.016

1.198

EBIT/Intx

18.02

7.901

Own earn%

—

Sh yield%

—

(12.19)

Owners

Insiders/Inst%

40.16

—

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

4/4

Revenue growth years

3/3

EPS growth years

2/3

Dividend streakyrs

Op margin range%

4–5

$1 testx

—

Incr. ROIC%

—

Ancang Construction Corp Ltd. operates as a construction company. The company engages in the development of architectures, civil engineering projects, exhibition centers, tunnels, harbors, stations, power plants, pumping stations, and various public works. Ancang Construction Corp Ltd. was founded in 1975 and is based in Taipei, Taiwan.

Growth vs revenue

Latest

Trend

3Y CAGR

Rel growth

Revenue

NT$2.494B

17.60%

1.00×

Cost of revenue

NT$2.215B

17.03%

0.99×

Operating expenses

NT$149.5M

20.28%

1.07×

Asset mix

Trend

Other

91.60%

Cash and investments

8.40%

Reinvestment returns

5Y median

Trend

Reinvestment rate

(12.20%)

Return on capital

10.78%

Spread over hurdle

8.20%