Taiwan · Delayed Price · Currency is TWD Test Research Statistics
Total Valuation
Test Research has a market cap or net worth of TWD 36.02 billion. The enterprise value is 35.14 billion.
| Market Cap | 36.02B |
| Enterprise Value | 35.14B |
Important Dates
The last earnings date was Friday, October 31, 2025.
| Earnings Date | Oct 31, 2025 |
| Ex-Dividend Date | Jun 13, 2025 |
Share Statistics
Test Research has 236.22 million shares outstanding. The number of shares has increased by 0.05% in one year.
| Current Share Class | 236.22M |
| Shares Outstanding | 236.22M |
| Shares Change (YoY) | +0.05% |
| Shares Change (QoQ) | +0.13% |
| Owned by Insiders (%) | 25.36% |
| Owned by Institutions (%) | 10.31% |
| Float | 142.65M |
Valuation Ratios
The trailing PE ratio is 15.56.
| PE Ratio | 15.56 |
| Forward PE | n/a |
| PS Ratio | 4.57 |
| PB Ratio | 4.07 |
| P/TBV Ratio | 4.08 |
| P/FCF Ratio | 30.06 |
| P/OCF Ratio | 25.33 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 11.98, with an EV/FCF ratio of 29.32.
| EV / Earnings | 15.15 |
| EV / Sales | 4.46 |
| EV / EBITDA | 11.98 |
| EV / EBIT | 12.83 |
| EV / FCF | 29.32 |
Financial Position
The company has a current ratio of 3.21, with a Debt / Equity ratio of 0.00.
| Current Ratio | 3.21 |
| Quick Ratio | 2.37 |
| Debt / Equity | 0.00 |
| Debt / EBITDA | 0.01 |
| Debt / FCF | 0.04 |
| Interest Coverage | 1,071.97 |
Financial Efficiency
Return on equity (ROE) is 27.91% and return on invested capital (ROIC) is 20.62%.
| Return on Equity (ROE) | 27.91% |
| Return on Assets (ROA) | 16.25% |
| Return on Invested Capital (ROIC) | 20.62% |
| Return on Capital Employed (ROCE) | 30.13% |
| Revenue Per Employee | n/a |
| Profits Per Employee | n/a |
| Employee Count | n/a |
| Asset Turnover | 0.74 |
| Inventory Turnover | 2.02 |
Taxes
In the past 12 months, Test Research has paid 383.39 million in taxes.
| Income Tax | 383.39M |
| Effective Tax Rate | 14.18% |
Stock Price Statistics
The stock price has increased by +8.24% in the last 52 weeks. The beta is 0.17, so Test Research's price volatility has been lower than the market average.
| Beta (5Y) | 0.17 |
| 52-Week Price Change | +8.24% |
| 50-Day Moving Average | 169.01 |
| 200-Day Moving Average | 141.89 |
| Relative Strength Index (RSI) | 41.44 |
| Average Volume (20 Days) | 1,941,794 |
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 7.88 billion and earned 2.32 billion in profits. Earnings per share was 9.80.
| Revenue | 7.88B |
| Gross Profit | 4.60B |
| Operating Income | 2.75B |
| Pretax Income | 2.70B |
| Net Income | 2.32B |
| EBITDA | 2.92B |
| EBIT | 2.75B |
| Earnings Per Share (EPS) | 9.80 |
Balance Sheet
The company has 928.85 million in cash and 42.52 million in debt, giving a net cash position of 886.33 million or 3.75 per share.
| Cash & Cash Equivalents | 928.85M |
| Total Debt | 42.52M |
| Net Cash | 886.33M |
| Net Cash Per Share | 3.75 |
| Equity (Book Value) | 8.86B |
| Book Value Per Share | 37.44 |
| Working Capital | 4.91B |
Cash Flow
In the last 12 months, operating cash flow was 1.42 billion and capital expenditures -223.63 million, giving a free cash flow of 1.20 billion.
| Operating Cash Flow | 1.42B |
| Capital Expenditures | -223.63M |
| Free Cash Flow | 1.20B |
| FCF Per Share | 5.07 |
Margins
Gross margin is 58.35%, with operating and profit margins of 34.97% and 29.44%.
| Gross Margin | 58.35% |
| Operating Margin | 34.97% |
| Pretax Margin | 34.31% |
| Profit Margin | 29.44% |
| EBITDA Margin | 37.04% |
| EBIT Margin | 34.97% |
| FCF Margin | 15.21% |
Dividends & Yields
This stock pays an annual dividend of 5.00, which amounts to a dividend yield of 3.31%.
| Dividend Per Share | 5.00 |
| Dividend Yield | 3.31% |
| Dividend Growth (YoY) | 51.52% |
| Years of Dividend Growth | n/a |
| Payout Ratio | 50.92% |
| Buyback Yield | -0.05% |
| Shareholder Yield | 3.27% |
| Earnings Yield | 6.44% |
| FCF Yield | 3.33% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
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 | 5 |