Test Research Statistics

Total Valuation

Test Research has a market cap or net worth of TWD 28.94 billion. The enterprise value is 27.99 billion.

Market Cap	28.94B
Enterprise Value	27.99B

Important Dates

The next estimated earnings date is Wednesday, February 26, 2025.

Earnings Date	Feb 26, 2025
Ex-Dividend Date	n/a

Share Statistics

Test Research has 236.22 million shares outstanding. The number of shares has decreased by -0.07% in one year.

Current Share Class	n/a
Shares Outstanding	236.22M
Shares Change (YoY)	-0.07%
Shares Change (QoQ)	n/a
Owned by Insiders (%)	25.39%
Owned by Institutions (%)	13.05%
Float	144.10M

Valuation Ratios

The trailing PE ratio is 18.26.

PE Ratio	18.26
Forward PE	n/a
PS Ratio	4.69
PB Ratio	3.73
P/TBV Ratio	3.74
P/FCF Ratio	32.30
P/OCF Ratio	n/a
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.13, with an EV/FCF ratio of 31.25.

EV / Earnings	17.63
EV / Sales	4.54
EV / EBITDA	13.13
EV / EBIT	14.30
EV / FCF	31.25

Financial Position

The company has a current ratio of 3.15, with a Debt / Equity ratio of 0.00.

Current Ratio	3.15
Quick Ratio	2.34
Debt / Equity	0.00
Debt / EBITDA	0.02
Debt / FCF	0.04
Interest Coverage	689.72

Financial Efficiency

Return on equity (ROE) is 21.62% and return on invested capital (ROIC) is 16.61%.

Return on Equity (ROE)	21.62%
Return on Assets (ROA)	13.59%
Return on Capital (ROIC)	16.61%
Revenue Per Employee	n/a
Profits Per Employee	n/a
Employee Count	n/a
Asset Turnover	0.68
Inventory Turnover	1.85

Taxes

Income Tax	n/a
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +85.33% in the last 52 weeks. The beta is 0.31, so Test Research's price volatility has been lower than the market average.

Beta (5Y)	0.31
52-Week Price Change	+85.33%
50-Day Moving Average	127.33
200-Day Moving Average	138.71
Relative Strength Index (RSI)	42.01
Average Volume (20 Days)	956,940

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 6.17 billion and earned 1.59 billion in profits. Earnings per share was 6.71.

Revenue	6.17B
Gross Profit	3.64B
Operating Income	1.96B
Pretax Income	1.98B
Net Income	1.59B
EBITDA	2.11B
EBIT	1.96B
Earnings Per Share (EPS)	6.71

Full Income Statement

Balance Sheet

The company has 978.36 million in cash and 35.24 million in debt, giving a net cash position of 943.13 million or 3.99 per share.

Cash & Cash Equivalents	978.36M
Total Debt	35.24M
Net Cash	943.13M
Net Cash Per Share	3.99
Equity (Book Value)	7.76B
Book Value Per Share	32.86
Working Capital	3.84B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 1.20 billion and capital expenditures -299.79 million, giving a free cash flow of 895.92 million.

Operating Cash Flow	1.20B
Capital Expenditures	-299.79M
Free Cash Flow	895.92M
FCF Per Share	3.79

Full Cash Flow Statement

Margins

Gross margin is 59.02%, with operating and profit margins of 31.84% and 25.74%.

Gross Margin	59.02%
Operating Margin	31.84%
Pretax Margin	32.11%
Profit Margin	25.74%
EBITDA Margin	34.17%
EBIT Margin	31.84%
FCF Margin	14.52%

Dividends & Yields

This stock pays an annual dividend of 3.30, which amounts to a dividend yield of 2.74%.

Dividend Per Share	3.30
Dividend Yield	2.74%
Dividend Growth (YoY)	-26.67%
Years of Dividend Growth	n/a
Payout Ratio	49.09%
Buyback Yield	0.07%
Shareholder Yield	2.81%
Earnings Yield	5.48%
FCF Yield	3.10%

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 9.79.

Altman Z-Score	9.79
Piotroski F-Score	n/a