Test Research Statistics

Total Valuation

Test Research has a market cap or net worth of TWD 23.55 billion. The enterprise value is 22.26 billion.

Market Cap	23.55B
Enterprise Value	22.26B

Important Dates

The next estimated earnings date is 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	n/a
Shares Outstanding	236.22M
Shares Change (YoY)	-0.03%
Shares Change (QoQ)	+0.25%
Owned by Insiders (%)	25.39%
Owned by Institutions (%)	12.61%
Float	144.10M

Valuation Ratios

The trailing PE ratio is 12.85.

PE Ratio	12.85
Forward PE	n/a
PS Ratio	3.71
PB Ratio	2.84
P/TBV Ratio	2.85
P/FCF Ratio	29.87
P/OCF Ratio	20.31
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 10.10, with an EV/FCF ratio of 28.23.

EV / Earnings	12.12
EV / Sales	3.50
EV / EBITDA	10.10
EV / EBIT	11.04
EV / FCF	28.23

Financial Position

The company has a current ratio of 3.74, with a Debt / Equity ratio of 0.00.

Current Ratio	3.74
Quick Ratio	2.83
Debt / Equity	0.00
Debt / EBITDA	0.01
Debt / FCF	0.04
Interest Coverage	716.86

Financial Efficiency

Return on equity (ROE) is 23.75% and return on invested capital (ROIC) is 16.32%.

Return on Equity (ROE)	23.75%
Return on Assets (ROA)	13.32%
Return on Invested Capital (ROIC)	16.32%
Return on Capital Employed (ROCE)	23.72%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.67
Inventory Turnover	1.93

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +8.96% in the last 52 weeks. The beta is 0.20, so Test Research's price volatility has been lower than the market average.

Beta (5Y)	0.20
52-Week Price Change	+8.96%
50-Day Moving Average	116.07
200-Day Moving Average	133.34
Relative Strength Index (RSI)	44.06
Average Volume (20 Days)	1,888,817

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 6.36 billion and earned 1.84 billion in profits. Earnings per share was 7.76.

Revenue	6.36B
Gross Profit	3.78B
Operating Income	2.03B
Pretax Income	2.18B
Net Income	1.84B
EBITDA	2.19B
EBIT	2.03B
Earnings Per Share (EPS)	7.76

Full Income Statement

Balance Sheet

The company has 1.32 billion in cash and 29.71 million in debt, giving a net cash position of 1.29 billion or 5.45 per share.

Cash & Cash Equivalents	1.32B
Total Debt	29.71M
Net Cash	1.29B
Net Cash Per Share	5.45
Equity (Book Value)	8.28B
Book Value Per Share	35.06
Working Capital	4.35B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 1.16 billion and capital expenditures -371.10 million, giving a free cash flow of 788.51 million.

Operating Cash Flow	1.16B
Capital Expenditures	-371.10M
Free Cash Flow	788.51M
FCF Per Share	3.34

Full Cash Flow Statement

Margins

Gross margin is 59.54%, with operating and profit margins of 31.93% and 28.90%.

Gross Margin	59.54%
Operating Margin	31.93%
Pretax Margin	34.26%
Profit Margin	28.90%
EBITDA Margin	34.40%
EBIT Margin	31.93%
FCF Margin	12.41%

Dividends & Yields

This stock pays an annual dividend of 5.00, which amounts to a dividend yield of 5.06%.

Dividend Per Share	5.00
Dividend Yield	5.06%
Dividend Growth (YoY)	-26.67%
Years of Dividend Growth	n/a
Payout Ratio	42.44%
Buyback Yield	0.03%
Shareholder Yield	5.08%
Earnings Yield	7.80%
FCF Yield	3.35%

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

Test Research has an Altman Z-Score of 12.07.

Altman Z-Score	12.07
Piotroski F-Score	n/a