Taiwan · Delayed Price · Currency is TWD Test Research Statistics
Total Valuation
Test Research has a market cap or net worth of TWD 63.78 billion. The enterprise value is 61.39 billion.
| Market Cap | 63.78B |
| Enterprise Value | 61.39B |
Important Dates
The next estimated earnings date is Friday, September 11, 2026.
| Earnings Date | Sep 11, 2026 |
| Ex-Dividend Date | Jun 11, 2026 |
Share Statistics
Test Research has 236.22 million shares outstanding. The number of shares has decreased by -0.04% in one year.
| Current Share Class | 236.22M |
| Shares Outstanding | 236.22M |
| Shares Change (YoY) | -0.04% |
| Shares Change (QoQ) | -0.07% |
| Owned by Insiders (%) | 25.40% |
| Owned by Institutions (%) | 11.34% |
| Float | 136.59M |
Valuation Ratios
The trailing PE ratio is 20.49.
| PE Ratio | 20.49 |
| Forward PE | n/a |
| PS Ratio | 6.69 |
| PB Ratio | 6.55 |
| P/TBV Ratio | 6.57 |
| P/FCF Ratio | 43.48 |
| P/OCF Ratio | 36.99 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 16.87, with an EV/FCF ratio of 41.85.
| EV / Earnings | 19.69 |
| EV / Sales | 6.44 |
| EV / EBITDA | 16.87 |
| EV / EBIT | 17.86 |
| EV / FCF | 41.85 |
Financial Position
The company has a current ratio of 2.16, with a Debt / Equity ratio of 0.00.
| Current Ratio | 2.16 |
| Quick Ratio | 1.65 |
| Debt / Equity | 0.00 |
| Debt / EBITDA | 0.01 |
| Debt / FCF | 0.02 |
| Interest Coverage | 1,824.50 |
Financial Efficiency
Return on equity (ROE) is 34.97% and return on invested capital (ROIC) is 36.08%.
| Return on Equity (ROE) | 34.97% |
| Return on Assets (ROA) | 16.16% |
| Return on Invested Capital (ROIC) | 36.08% |
| Return on Capital Employed (ROCE) | 34.36% |
| Weighted Average Cost of Capital (WACC) | 7.03% |
| Revenue Per Employee | n/a |
| Profits Per Employee | n/a |
| Employee Count | n/a |
| Asset Turnover | 0.71 |
| Inventory Turnover | 1.94 |
Taxes
In the past 12 months, Test Research has paid 676.62 million in taxes.
| Income Tax | 676.62M |
| Effective Tax Rate | 17.83% |
Stock Price Statistics
The stock price has increased by +40.42% in the last 52 weeks. The beta is 0.51, so Test Research's price volatility has been lower than the market average.
| Beta (5Y) | 0.51 |
| 52-Week Price Change | +40.42% |
| 50-Day Moving Average | 292.75 |
| 200-Day Moving Average | 266.15 |
| Relative Strength Index (RSI) | 39.15 |
| Average Volume (20 Days) | 1,059,437 |
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 9.54 billion and earned 3.12 billion in profits. Earnings per share was 13.18.
| Revenue | 9.54B |
| Gross Profit | 5.64B |
| Operating Income | 3.46B |
| Pretax Income | 3.79B |
| Net Income | 3.12B |
| EBITDA | 3.63B |
| EBIT | 3.46B |
| Earnings Per Share (EPS) | 13.18 |
Balance Sheet
The company has 2.42 billion in cash and 34.82 million in debt, with a net cash position of 2.39 billion or 10.10 per share.
| Cash & Cash Equivalents | 2.42B |
| Total Debt | 34.82M |
| Net Cash | 2.39B |
| Net Cash Per Share | 10.10 |
| Equity (Book Value) | 9.73B |
| Book Value Per Share | 41.20 |
| Working Capital | 5.51B |
Cash Flow
In the last 12 months, operating cash flow was 1.72 billion and capital expenditures -257.51 million, giving a free cash flow of 1.47 billion.
| Operating Cash Flow | 1.72B |
| Capital Expenditures | -257.51M |
| Depreciation & Amortization | 170.09M |
| Net Borrowing | -30.69M |
| Free Cash Flow | 1.47B |
| FCF Per Share | 6.21 |
Margins
Gross margin is 59.09%, with operating and profit margins of 36.25% and 32.69%.
| Gross Margin | 59.09% |
| Operating Margin | 36.25% |
| Pretax Margin | 39.79% |
| Profit Margin | 32.69% |
| EBITDA Margin | 38.04% |
| EBIT Margin | 36.25% |
| FCF Margin | 15.38% |
Dividends & Yields
This stock pays an annual dividend of 7.00, which amounts to a dividend yield of 2.37%.
| Dividend Per Share | 7.00 |
| Dividend Yield | 2.37% |
| Dividend Growth (YoY) | 40.00% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 37.88% |
| Buyback Yield | 0.04% |
| Shareholder Yield | 2.40% |
| Earnings Yield | 4.89% |
| FCF Yield | 2.30% |
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
Test Research has an Altman Z-Score of 8.77 and a Piotroski F-Score of 5.
| Altman Z-Score | 8.77 |
| Piotroski F-Score | 5 |