Taiwan · Delayed Price · Currency is TWD Test Research Statistics
Total Valuation
Test Research has a market cap or net worth of TWD 92.01 billion. The enterprise value is 89.95 billion.
| Market Cap | 92.01B |
| Enterprise Value | 89.95B |
Important Dates
The next estimated earnings date is Monday, May 11, 2026.
| Earnings Date | May 11, 2026 |
| Ex-Dividend Date | Jun 13, 2025 |
Share Statistics
Test Research has 236.22 million shares outstanding. The number of shares has decreased by -1.44% in one year.
| Current Share Class | 236.22M |
| Shares Outstanding | 236.22M |
| Shares Change (YoY) | -1.44% |
| Shares Change (QoQ) | +16.41% |
| Owned by Insiders (%) | 25.35% |
| Owned by Institutions (%) | 10.42% |
| Float | 136.70M |
Valuation Ratios
The trailing PE ratio is 33.30.
| PE Ratio | 33.30 |
| Forward PE | n/a |
| PS Ratio | 10.26 |
| PB Ratio | 8.79 |
| P/TBV Ratio | 8.82 |
| P/FCF Ratio | 92.46 |
| P/OCF Ratio | 73.41 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 26.26, with an EV/FCF ratio of 90.39.
| EV / Earnings | 32.98 |
| EV / Sales | 10.03 |
| EV / EBITDA | 26.26 |
| EV / EBIT | 27.81 |
| EV / FCF | 90.39 |
Financial Position
The company has a current ratio of 3.44, with a Debt / Equity ratio of 0.00.
| Current Ratio | 3.44 |
| Quick Ratio | 2.59 |
| Debt / Equity | 0.00 |
| Debt / EBITDA | 0.01 |
| Debt / FCF | 0.04 |
| Interest Coverage | 1,488.06 |
Financial Efficiency
Return on equity (ROE) is 28.20% and return on invested capital (ROIC) is 32.70%.
| Return on Equity (ROE) | 28.20% |
| Return on Assets (ROA) | 16.57% |
| Return on Invested Capital (ROIC) | 32.70% |
| Return on Capital Employed (ROCE) | 30.14% |
| Weighted Average Cost of Capital (WACC) | 6.23% |
| Revenue Per Employee | n/a |
| Profits Per Employee | n/a |
| Employee Count | n/a |
| Asset Turnover | 0.73 |
| Inventory Turnover | 2.03 |
Taxes
In the past 12 months, Test Research has paid 566.70 million in taxes.
| Income Tax | 566.70M |
| Effective Tax Rate | 17.20% |
Stock Price Statistics
The stock price has increased by +287.56% in the last 52 weeks. The beta is 0.36, so Test Research's price volatility has been lower than the market average.
| Beta (5Y) | 0.36 |
| 52-Week Price Change | +287.56% |
| 50-Day Moving Average | 287.39 |
| 200-Day Moving Average | 200.01 |
| Relative Strength Index (RSI) | 66.05 |
| Average Volume (20 Days) | 8,302,764 |
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 8.97 billion and earned 2.73 billion in profits. Earnings per share was 11.70.
| Revenue | 8.97B |
| Gross Profit | 5.29B |
| Operating Income | 3.25B |
| Pretax Income | 3.29B |
| Net Income | 2.73B |
| EBITDA | 3.42B |
| EBIT | 3.25B |
| Earnings Per Share (EPS) | 11.70 |
Balance Sheet
The company has 2.10 billion in cash and 41.75 million in debt, with a net cash position of 2.06 billion or 8.71 per share.
| Cash & Cash Equivalents | 2.10B |
| Total Debt | 41.75M |
| Net Cash | 2.06B |
| Net Cash Per Share | 8.71 |
| Equity (Book Value) | 10.46B |
| Book Value Per Share | 37.98 |
| Working Capital | 6.38B |
Cash Flow
In the last 12 months, operating cash flow was 1.25 billion and capital expenditures -258.32 million, giving a free cash flow of 995.07 million.
| Operating Cash Flow | 1.25B |
| Capital Expenditures | -258.32M |
| Depreciation & Amortization | 167.03M |
| Net Borrowing | -30.41M |
| Free Cash Flow | 995.07M |
| FCF Per Share | 4.21 |
Margins
Gross margin is 59.03%, with operating and profit margins of 36.27% and 30.41%.
| Gross Margin | 59.03% |
| Operating Margin | 36.27% |
| Pretax Margin | 36.73% |
| Profit Margin | 30.41% |
| EBITDA Margin | 38.13% |
| EBIT Margin | 36.27% |
| FCF Margin | 11.10% |
Dividends & Yields
This stock pays an annual dividend of 7.00, which amounts to a dividend yield of 1.80%.
| Dividend Per Share | 7.00 |
| Dividend Yield | 1.80% |
| Dividend Growth (YoY) | 51.52% |
| Years of Dividend Growth | 1 |
| Payout Ratio | 43.31% |
| Buyback Yield | 1.44% |
| Shareholder Yield | 3.23% |
| Earnings Yield | 2.96% |
| FCF Yield | 1.08% |
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 |