Taiwan
· Delayed Price · Currency is TWD Test Research Statistics
Total Valuation
Test Research has a market cap or net worth of TWD 43.58 billion. The enterprise value is 41.44 billion.
| Market Cap | 43.58B |
| Enterprise Value | 41.44B |
Important Dates
The last earnings date was Thursday, August 7, 2025.
| Earnings Date | Aug 7, 2025 |
| Ex-Dividend Date | Jun 13, 2025 |
Share Statistics
Test Research has 236.22 million shares outstanding. The number of shares has increased by 0.03% in one year.
| Current Share Class | 236.22M |
| Shares Outstanding | 236.22M |
| Shares Change (YoY) | +0.03% |
| Shares Change (QoQ) | -0.23% |
| Owned by Insiders (%) | 25.39% |
| Owned by Institutions (%) | 10.79% |
| Float | 142.57M |
Valuation Ratios
The trailing PE ratio is 21.68.
| PE Ratio | 21.68 |
| Forward PE | n/a |
| PS Ratio | 5.86 |
| PB Ratio | 5.38 |
| P/TBV Ratio | 5.39 |
| P/FCF Ratio | 31.87 |
| P/OCF Ratio | 26.21 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 14.84, with an EV/FCF ratio of 30.30.
| EV / Earnings | 20.57 |
| EV / Sales | 5.57 |
| EV / EBITDA | 14.84 |
| EV / EBIT | 15.96 |
| EV / FCF | 30.30 |
Financial Position
The company has a current ratio of 2.16, with a Debt / Equity ratio of 0.00.
| Current Ratio | 2.16 |
| Quick Ratio | 1.69 |
| Debt / Equity | 0.00 |
| Debt / EBITDA | 0.01 |
| Debt / FCF | 0.02 |
| Interest Coverage | 951.37 |
Financial Efficiency
Return on equity (ROE) is 26.07% and return on invested capital (ROIC) is 21.06%.
| Return on Equity (ROE) | 26.07% |
| Return on Assets (ROA) | 14.58% |
| Return on Invested Capital (ROIC) | 21.06% |
| Return on Capital Employed (ROCE) | 31.23% |
| Revenue Per Employee | n/a |
| Profits Per Employee | n/a |
| Employee Count | n/a |
| Asset Turnover | 0.66 |
| Inventory Turnover | 2.00 |
Taxes
In the past 12 months, Test Research has paid 377.56 million in taxes.
| Income Tax | 377.56M |
| Effective Tax Rate | 15.78% |
Stock Price Statistics
The stock price has increased by +22.59% in the last 52 weeks. The beta is 0.29, so Test Research's price volatility has been lower than the market average.
| Beta (5Y) | 0.29 |
| 52-Week Price Change | +22.59% |
| 50-Day Moving Average | 146.67 |
| 200-Day Moving Average | 127.32 |
| Relative Strength Index (RSI) | 78.14 |
| Average Volume (20 Days) | 4,281,741 |
Short Selling Information
| Short Interest | n/a |
| Short Previous Month | n/a |
| Short % of Shares Out | n/a |
| Short % of Float | n/a |
| Short Ratio (days to cover) | n/a |
Income Statement
In the last 12 months, Test Research had revenue of TWD 7.44 billion and earned 2.01 billion in profits. Earnings per share was 8.51.
| Revenue | 7.44B |
| Gross Profit | 4.39B |
| Operating Income | 2.61B |
| Pretax Income | 2.39B |
| Net Income | 2.01B |
| EBITDA | 2.78B |
| EBIT | 2.61B |
| Earnings Per Share (EPS) | 8.51 |
Balance Sheet
The company has 2.17 billion in cash and 31.00 million in debt, giving a net cash position of 2.14 billion or 9.06 per share.
| Cash & Cash Equivalents | 2.17B |
| Total Debt | 31.00M |
| Net Cash | 2.14B |
| Net Cash Per Share | 9.06 |
| Equity (Book Value) | 8.10B |
| Book Value Per Share | 34.33 |
| Working Capital | 4.14B |
Cash Flow
In the last 12 months, operating cash flow was 1.66 billion and capital expenditures -294.80 million, giving a free cash flow of 1.37 billion.
| Operating Cash Flow | 1.66B |
| Capital Expenditures | -294.80M |
| Free Cash Flow | 1.37B |
| FCF Per Share | 5.79 |
Margins
Gross margin is 58.98%, with operating and profit margins of 35.16% and 27.09%.
| Gross Margin | 58.98% |
| Operating Margin | 35.16% |
| Pretax Margin | 32.17% |
| Profit Margin | 27.09% |
| EBITDA Margin | 37.37% |
| EBIT Margin | 35.16% |
| FCF Margin | 18.39% |
Dividends & Yields
This stock pays an annual dividend of 5.00, which amounts to a dividend yield of 2.83%.
| Dividend Per Share | 5.00 |
| Dividend Yield | 2.83% |
| Dividend Growth (YoY) | 51.52% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 38.70% |
| Buyback Yield | -0.03% |
| Shareholder Yield | 2.76% |
| Earnings Yield | 4.62% |
| FCF Yield | 3.14% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
Stock Splits
The last stock split was on July 23, 2013. It was a forward split with a ratio of 1.06.
| Last Split Date | Jul 23, 2013 |
| Split Type | Forward |
| Split Ratio | 1.06 |
Scores
Test Research has an Altman Z-Score of 7.27 and a Piotroski F-Score of 4.
| Altman Z-Score | 7.27 |
| Piotroski F-Score | 4 |