Test Research Statistics

Total Valuation

Test Research has a market cap or net worth of TWD 25.87 billion. The enterprise value is 24.58 billion.

Market Cap	25.87B
Enterprise Value	24.58B

Important Dates

The last earnings date was Friday, May 2, 2025.

Earnings Date	May 2, 2025
Ex-Dividend Date	Jun 14, 2024

Share Statistics

Test Research has 236.22 million shares outstanding. The number of shares has decreased by -0.03% in one year.

Current Share Class	236.22M
Shares Outstanding	236.22M
Shares Change (YoY)	-0.03%
Shares Change (QoQ)	+0.25%
Owned by Insiders (%)	25.39%
Owned by Institutions (%)	11.57%
Float	142.57M

Valuation Ratios

The trailing PE ratio is 13.24.

PE Ratio	13.24
Forward PE	n/a
PS Ratio	3.81
PB Ratio	2.91
P/TBV Ratio	2.92
P/FCF Ratio	17.22
P/OCF Ratio	14.24
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.29, with an EV/FCF ratio of 16.36.

EV / Earnings	12.55
EV / Sales	3.62
EV / EBITDA	10.29
EV / EBIT	11.20
EV / FCF	16.36

Financial Position

The company has a current ratio of 3.51, with a Debt / Equity ratio of 0.00.

Current Ratio	3.51
Quick Ratio	2.74
Debt / Equity	0.00
Debt / EBITDA	0.01
Debt / FCF	0.02
Interest Coverage	777.33

Financial Efficiency

Return on equity (ROE) is 23.69% and return on invested capital (ROIC) is 16.63%.

Return on Equity (ROE)	23.69%
Return on Assets (ROA)	13.16%
Return on Invested Capital (ROIC)	16.63%
Return on Capital Employed (ROCE)	24.12%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.65
Inventory Turnover	2.01

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -11.34% in the last 52 weeks. The beta is 0.13, so Test Research's price volatility has been lower than the market average.

Beta (5Y)	0.13
52-Week Price Change	-11.34%
50-Day Moving Average	109.56
200-Day Moving Average	129.38
Relative Strength Index (RSI)	55.51
Average Volume (20 Days)	1,520,553

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 6.79 billion and earned 1.96 billion in profits. Earnings per share was 8.27.

Revenue	6.79B
Gross Profit	4.00B
Operating Income	2.21B
Pretax Income	2.33B
Net Income	1.96B
EBITDA	2.37B
EBIT	2.21B
Earnings Per Share (EPS)	8.27

Full Income Statement

Balance Sheet

The company has 2.30 billion in cash and 27.04 million in debt, giving a net cash position of 2.27 billion or 9.63 per share.

Cash & Cash Equivalents	2.30B
Total Debt	27.04M
Net Cash	2.27B
Net Cash Per Share	9.63
Equity (Book Value)	8.88B
Book Value Per Share	37.66
Working Capital	4.95B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 1.82 billion and capital expenditures -313.94 million, giving a free cash flow of 1.50 billion.

Operating Cash Flow	1.82B
Capital Expenditures	-313.94M
Free Cash Flow	1.50B
FCF Per Share	6.36

Full Cash Flow Statement

Margins

Gross margin is 58.96%, with operating and profit margins of 32.57% and 28.87%.

Gross Margin	58.96%
Operating Margin	32.57%
Pretax Margin	34.34%
Profit Margin	28.87%
EBITDA Margin	34.98%
EBIT Margin	32.57%
FCF Margin	22.14%

Dividends & Yields

This stock pays an annual dividend of 5.00, which amounts to a dividend yield of 4.59%.

Dividend Per Share	5.00
Dividend Yield	4.59%
Dividend Growth (YoY)	-26.67%
Years of Dividend Growth	n/a
Payout Ratio	39.79%
Buyback Yield	0.03%
Shareholder Yield	4.62%
Earnings Yield	7.57%
FCF Yield	5.81%

Dividend Details

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

Altman Z-Score	n/a
Piotroski F-Score	n/a