Test Research, Inc. (TPE:3030)

Test Research Ratios and Metrics

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

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Apr 1, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	27,165	28,818	14,811	15,047	13,819	13,653
Market Cap Growth	94.58%	94.58%	-1.57%	8.89%	1.21%	8.65%
Enterprise Value	25,877	27,875	13,969	14,205	12,555	12,496
Last Close Price	115.00	122.00	61.56	58.14	50.76	47.35
PE Ratio	14.82	15.69	14.79	7.83	11.66	12.50
Forward PE	-	7.69	7.69	7.69	7.69	7.69
PS Ratio	4.27	4.53	3.34	2.24	2.47	2.76
PB Ratio	3.28	3.48	2.06	2.07	2.27	2.39
P/TBV Ratio	3.49	3.49	2.07	2.08	2.28	2.40
P/FCF Ratio	34.45	36.55	14.50	18.82	30.51	12.59
P/OCF Ratio	24.85	24.85	7.89	10.26	23.37	12.19
EV/Sales Ratio	4.07	4.39	3.15	2.12	2.24	2.52
EV/EBITDA Ratio	11.74	12.75	10.59	6.28	7.52	8.12
EV/EBIT Ratio	12.83	13.74	11.56	6.60	8.06	8.69
EV/FCF Ratio	32.82	35.35	13.67	17.76	27.72	11.52
Debt / Equity Ratio	0.00	0.00	0.01	0.01	0.01	0.01
Debt / EBITDA Ratio	0.01	0.01	0.04	0.02	0.03	0.03
Debt / FCF Ratio	0.04	0.04	0.05	0.06	0.13	0.04
Asset Turnover	0.67	0.67	0.49	0.78	0.75	0.73
Inventory Turnover	1.93	1.93	1.32	1.78	1.91	2.67
Quick Ratio	2.83	2.83	2.55	2.81	2.40	3.72
Current Ratio	3.74	3.74	3.44	3.75	3.53	4.68
Return on Equity (ROE)	23.75%	23.75%	13.86%	28.76%	20.09%	19.71%
Return on Assets (ROA)	13.32%	13.32%	8.36%	15.67%	12.98%	13.24%
Return on Capital (ROIC)	16.32%	16.32%	10.38%	19.99%	16.37%	16.06%
Return on Capital Employed (ROCE)	23.70%	23.70%	16.20%	28.40%	24.30%	24.00%
Earnings Yield	6.76%	6.37%	6.76%	12.77%	8.58%	8.00%
FCF Yield	2.90%	2.74%	6.90%	5.31%	3.28%	7.94%
Dividend Yield	4.55%	4.10%	5.36%	7.74%	6.50%	6.97%
Payout Ratio	42.44%	42.44%	106.16%	40.57%	65.78%	71.34%
Buyback Yield / Dilution	0.03%	0.03%	0.10%	-0.08%	-0.01%	0.05%
Total Shareholder Return	4.57%	4.13%	5.46%	7.66%	6.49%	7.02%

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