Ta Chen Stainless Pipe Ratios and Metrics

Market cap in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Apr '26 Apr 1, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	90,326	83,797	64,853	84,899	75,751	89,060
Market Cap Growth	-16.90%	29.21%	-23.61%	12.07%	-14.94%	78.58%
Enterprise Value	147,736	137,417	115,740	140,223	132,180	136,313
Last Close Price	38.40	35.60	29.16	36.97	31.40	32.22
PE Ratio	13.38	12.55	18.33	15.93	6.30	9.21
Forward PE	10.48	10.61	10.52	13.72	6.19	6.93
PS Ratio	0.89	0.82	0.72	0.84	0.66	0.92
PB Ratio	1.02	0.95	0.81	1.14	1.02	1.64
P/TBV Ratio	1.30	1.21	1.06	1.48	1.33	2.06
P/FCF Ratio	-	-	9.62	4.74	-	8.02
P/OCF Ratio	30.05	27.88	4.25	3.36	18.50	7.01
EV/Sales Ratio	1.45	1.35	1.28	1.39	1.16	1.41
EV/EBITDA Ratio	8.44	8.52	14.41	13.36	6.67	6.77
EV/EBIT Ratio	10.45	9.77	18.83	15.81	7.13	7.20
EV/FCF Ratio	-33.01	-	17.17	7.83	-	12.27
Debt / Equity Ratio	0.62	0.62	0.60	0.69	0.82	0.86
Debt / EBITDA Ratio	3.13	3.13	5.11	4.40	2.90	2.21
Debt / FCF Ratio	-	-	7.09	2.88	-	4.20
Net Debt / Equity Ratio	0.50	0.50	0.50	0.53	0.67	0.68
Net Debt / EBITDA Ratio	2.72	2.72	4.97	3.79	2.48	1.84
Net Debt / FCF Ratio	-9.82	-9.82	5.92	2.22	-163.46	3.34
Asset Turnover	0.70	0.70	0.66	0.72	0.89	0.94
Inventory Turnover	1.26	1.26	1.28	1.24	1.33	1.33
Quick Ratio	0.86	0.86	0.70	0.74	0.64	0.85
Current Ratio	3.73	3.73	3.23	2.93	2.88	3.76
Return on Equity (ROE)	9.74%	9.74%	6.12%	9.18%	22.44%	25.30%
Return on Assets (ROA)	6.03%	6.03%	2.82%	3.94%	9.06%	11.43%
Return on Invested Capital (ROIC)	8.33%	8.49%	3.78%	5.30%	12.96%	16.07%
Return on Capital Employed (ROCE)	10.80%	10.80%	5.40%	8.30%	16.50%	21.30%
Earnings Yield	7.39%	7.97%	5.46%	6.28%	15.88%	10.86%
FCF Yield	-4.96%	-5.34%	10.40%	21.09%	-0.40%	12.47%
Dividend Yield	3.91%	4.21%	3.77%	3.25%	6.37%	4.61%
Payout Ratio	35.09%	35.09%	72.71%	80.44%	26.48%	13.13%
Buyback Yield / Dilution	-0.48%	-0.48%	0.58%	0.79%	-14.88%	-29.01%
Total Shareholder Return	3.43%	3.73%	4.36%	4.03%	-8.51%	-24.40%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.