Farglory Life Insurance Co., Ltd.

NT$14.25As of Sun 8 Nov 2026, 12:00 UTC

TPEx:5859Financials

Country Taiwan

PE (Fwd) •••

TSR 10Y CAGR 6.18%

Div yield 2.62%

ROE 15.79%

Insurance (Life)

Beta (5Y) (0.08)

PE TTM 2.111

TSR TTM (2.88%)

Mkt cap NT$20.67B

Combined —

SE Grade™

—

Value

Quality

Moat

Consensus

Reference

NT$16

14.82%

(65.98%)

Hold 11|0|8|0|10

TTM

FYE 31 Dec TWD

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

4.065

RevenueNT$B

4.073

4.278

4.491

4.642

4.887

5.144

5.313

5.423

5.737

5.945

4.529

4.00%

4.07%

17.02

Revenue growth%

16.83

18.62

17.81

16.83

17.21

20.02

20.01

21.40

20.48

20.09

15.08

20.09

19.32

11.16

Combined R.%

84.78

85.05

84.43

85.40

82.80

85.05

85.09

87.00

84.14

85.15

14.04

85.09

85.05

11.36

Operating margin%

17.97

19.30

18.78

19.69

18.97

19.34

18.77

20.36

20.23

23.04

6.37

20.23

19.32

19.48

Net margin%

13.81

12.45

14.68

12.14

9.37

9.49

8.66

10.04

12.60

15.28

22.66

10.04

12.30

13.53

P/E ratio (avg)x

8.936

8.848

9.340

8.567

8.980

9.493

9.537

8.896

9.761

10.35

13.92

9.537

9.160

11.02

P/TBVx

42.70

40.60

42.88

43.36

41.25

42.47

46.36

49.64

46.87

49.62

36.71

46.87

43.12

26.51

P/Bx

23.69

21.54

19.35

17.95

15.86

16.31

15.03

15.87

14.75

13.35

16.13

15.03

16.09

7.65

Prem. grth%

3.13

5.44

2.52

1.44

0.99

0.40

3.05

0.74

1.72

1.62

6.94

1.62

1.67

8.02

Invest. yld%

18.47

20.06

17.36

15.31

14.67

15.88

17.04

17.15

17.84

16.54

23.04

17.04

17.09

21.47

BVPS grth%

27.39

24.75

24.20

23.73

25.74

26.39

27.00

26.81

27.74

27.38

23.47

27.00

26.60

25.32

Return on equity%

3.55

1.72

0.40

3.36

6.02

8.14

9.64

6.66

16.84

6.66

3.45

20.15

Return on assets%

6.19

6.11

7.50

5.90

7.18

6.28

9.21

10.02

7.38

8.09

20.74

8.09

7.28

2.69

EPSNT$

1.34

1.22

1.20

1.21

1.34

1.46

1.31

1.45

1.31

1.26

2.80

(1.19%)

0.28%

—

14.21

EPS growth%

15.74

15.84

13.73

15.64

13.45

10.53

13.43

14.26

11.91

14.45

4.81

13.43

14.00

3.15

Bookvalue per shNT$

2.49

2.68

2.82

2.72

2.83

2.75

2.99

2.81

2.97

2.77

1.54

(0.42%)

0.89%

—

2.49

TBV/shNT$

1.17

1.38

1.54

1.52

1.61

1.67

1.87

1.83

2.02

2.01

2.07

4.57%

6.82%

—

2.91

Dividend per shNT$

2.20

2.30

2.57

2.99

3.02

3.45

3.60

4.16

4.22

4.08

0.59

6.25%

7.16%

—

15.72

Div yield (avg)%

13.73

16.68

17.53

15.86

15.23

17.52

19.89

18.06

15.46

14.08

21.19

17.52

16.27

16.00

Payout ratio%

5.09

5.30

6.29

5.12

3.55

6.01

8.07

7.28

10.24

9.23

15.94

8.07

6.15

1.476

Shares (diluted)B

1.264

1.274

1.095

1.038

0.956

0.825

0.718

0.611

0.538

0.498

1.424

(12.22%)

(8.50%)

27.40

Buyback yield%

4.37

5.17

8.14

7.24

6.44

5.54

5.24

7.21

7.22

9.50

23.93

7.21

6.83

0.119

D/E ratiox

0.090

0.083

0.087

0.090

0.077

0.075

0.077

0.662

0.077

0.083

2.076

AssetsNT$B

0.654

0.724

0.783

0.836

0.946

0.986

1.086

1.119

1.237

1.340

3.903

7.20%

8.21%

2.480

LT debtNT$B

3.122

3.497

4.100

4.251

4.516

4.693

5.486

5.426

5.474

5.149

0.344

2.66%

4.82%

Peers (US$611.0M)

Cap (US$)

Central Reinsurance…

1.123B

3.765x

Mercuries & Associates…

555.1M

1.070x

Taiwan Fire & Marine…

410.5M

9.544x

Lifenet Insurance…

710.8M

14.92x

Capital

TTM

10Y

Leveragex

1.894

0.014

0.012

EBIT/Intx

0.813

0.553

0.630

Own earn%

—

Sh yield%

43.12

23.58

23.08

Owners

Insiders/Inst%

14.35

82.49

Short interest%

4.09

SBC / revenue%

5.45

Record

10Y

Profitable years

10/10

Revenue growth years

10/10

EPS growth years

10/10

Dividend streakyrs

Op margin range%

18–23

$1 testx

—

Incr. ROIC%

—

Farglory Life Insurance Co., Ltd. engages in the provision of insurance products and services in Taiwan. It offers life and accident insurance products, as well as investment products and other related insurance. The company was founded in 1982 and is based in Taipei, Taiwan. Farglory Life Insurance Co., Ltd. operates as a subsidiary of Farglory Group.

Growth vs revenue

Latest

Trend

10Y CAGR

Rel growth

Revenue

NT$5.945B

4.07%

1.00×

Claims and benefits

NT$3.252B

4.09%

1.00×

Total costs

NT$4.598B

4.07%

1.00×