Taiwan Cogeneration Corporation (TPE:8926)

Taiwan Cogeneration Statistics

Total Valuation

TPE:8926 has a market cap or net worth of TWD 30.01 billion. The enterprise value is 35.74 billion.

Market Cap	30.01B
Enterprise Value	35.74B

Important Dates

The last earnings date was Monday, November 10, 2025.

Earnings Date	Nov 10, 2025
Ex-Dividend Date	Jul 1, 2025

Share Statistics

TPE:8926 has 730.28 million shares outstanding. The number of shares has increased by 0.02% in one year.

Current Share Class	730.28M
Shares Outstanding	730.28M
Shares Change (YoY)	+0.02%
Shares Change (QoQ)	+0.01%
Owned by Insiders (%)	1.78%
Owned by Institutions (%)	4.82%
Float	456.50M

Valuation Ratios

The trailing PE ratio is 17.27.

PE Ratio	17.27
Forward PE	n/a
PS Ratio	3.65
PB Ratio	1.95
P/TBV Ratio	1.99
P/FCF Ratio	9.35
P/OCF Ratio	8.66
PEG Ratio	n/a

Enterprise Valuation

The stock's EV/EBITDA ratio is 15.00, with an EV/FCF ratio of 11.13.

EV / Earnings	20.50
EV / Sales	4.34
EV / EBITDA	15.00
EV / EBIT	18.47
EV / FCF	11.13

Financial Position

The company has a current ratio of 0.88, with a Debt / Equity ratio of 0.59.

Current Ratio	0.88
Quick Ratio	0.84
Debt / Equity	0.59
Debt / EBITDA	8.26
Debt / FCF	2.81
Interest Coverage	6.55

Financial Efficiency

Return on equity (ROE) is 11.48% and return on invested capital (ROIC) is 1.79%.

Return on Equity (ROE)	11.48%
Return on Assets (ROA)	1.41%
Return on Invested Capital (ROIC)	1.79%
Return on Capital Employed (ROCE)	2.94%
Revenue Per Employee	69.73M
Profits Per Employee	14.77M
Employee Count	118
Asset Turnover	0.29
Inventory Turnover	782.08

Taxes

In the past 12 months, TPE:8926 has paid 134.40 million in taxes.

Income Tax	134.40M
Effective Tax Rate	7.16%

Stock Price Statistics

The stock price has decreased by -3.18% in the last 52 weeks. The beta is 0.57, so TPE:8926's price volatility has been lower than the market average.

Beta (5Y)	0.57
52-Week Price Change	-3.18%
50-Day Moving Average	46.36
200-Day Moving Average	44.46
Relative Strength Index (RSI)	28.78
Average Volume (20 Days)	2,108,926

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, TPE:8926 had revenue of TWD 8.23 billion and earned 1.74 billion in profits. Earnings per share was 2.38.

Revenue	8.23B
Gross Profit	1.06B
Operating Income	644.76M
Pretax Income	1.88B
Net Income	1.74B
EBITDA	1.04B
EBIT	644.76M
Earnings Per Share (EPS)	2.38

Balance Sheet

The company has 3.29 billion in cash and 9.02 billion in debt, giving a net cash position of -5.73 billion or -7.84 per share.

Cash & Cash Equivalents	3.29B
Total Debt	9.02B
Net Cash	-5.73B
Net Cash Per Share	-7.84
Equity (Book Value)	15.36B
Book Value Per Share	21.03
Working Capital	-993.65M

Cash Flow

In the last 12 months, operating cash flow was 3.47 billion and capital expenditures -256.89 million, giving a free cash flow of 3.21 billion.

Operating Cash Flow	3.47B
Capital Expenditures	-256.89M
Free Cash Flow	3.21B
FCF Per Share	4.40

Margins

Gross margin is 12.85%, with operating and profit margins of 7.84% and 21.19%.

Gross Margin	12.85%
Operating Margin	7.84%
Pretax Margin	22.82%
Profit Margin	21.19%
EBITDA Margin	12.58%
EBIT Margin	7.84%
FCF Margin	39.02%

Dividends & Yields

This stock pays an annual dividend of 2.10, which amounts to a dividend yield of 5.12%.

Dividend Per Share	2.10
Dividend Yield	5.12%
Dividend Growth (YoY)	8.81%
Years of Dividend Growth	1
Payout Ratio	87.97%
Buyback Yield	-0.02%
Shareholder Yield	5.09%
Earnings Yield	5.81%
FCF Yield	10.70%

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 21, 2023. It was a forward split with a ratio of 1.059841069.

Last Split Date	Jul 21, 2023
Split Type	Forward
Split Ratio	1.059841069

Scores

Altman Z-Score	n/a
Piotroski F-Score	4