Valuation Test-Rite International Co., Ltd.

Stocks

End-of-day quote Taiwan S.E. 30/10/2026			5-day change	1st Jan Change
22.15 ^TWD	+0.23%		+0.45%	+9.11%

08-14	Test-Rite International Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
08-13	Test Rite International Unit Acquires Right-of-Use Assets in Taichung for NT$77 Million	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	13,232	10,680	9,738	10,407	10,249	10,351
Change	-	-19.29%	-8.82%	6.87%	-1.52%	1%
Enterprise Value (EV) ¹	28,453	27,013	29,162	29,674	26,149	28,893
Change	-	-5.06%	7.95%	1.76%	-11.88%	10.49%
P/E	16.7x	13.6x	22.9x	40.4x	30.5x	89.8x
PBR	1.99x	1.57x	1.41x	1.59x	1.43x	1.48x
PEG	-	-12.26x	-0.5x	-1x	1.1x	-1.4x
Capitalization / Revenue	0.32x	0.24x	0.26x	0.29x	0.28x	0.31x
EV / Revenue	0.68x	0.62x	0.78x	0.84x	0.71x	0.86x
EV / EBITDA	16.4x	20.6x	35.3x	27.4x	21.4x	38.2x
EV / EBIT	24.8x	35.6x	148x	63.1x	41.9x	177x
EV / FCF	6.8x	74.3x	-35.7x	21.4x	12.3x	-116x
FCF Yield	14.7%	1.35%	-2.8%	4.66%	8.15%	-0.86%
Dividend per Share ²	1.07	1.28	1.28	0.5832	0.9	0.33
Rate of return	4.01%	5.94%	6.51%	2.78%	4.48%	1.63%
EPS ²	1.597	1.58	0.8594	0.52	0.6592	0.2259
Distribution rate	67%	81%	149%	112%	137%	146%
Net sales ¹	41,791	43,757	37,409	35,411	36,832	33,622
EBITDA ¹	1,730	1,312	825.3	1,083	1,222	755.6
EBIT ¹	1,149	759.5	197	470.2	624.6	162.9
Net income ¹	791.6	782.8	425.9	257.7	331.7	115.2
Net Debt ¹	15,221	16,333	19,423	19,267	15,901	18,542
Reference price ²	26.70	21.55	19.65	21.00	20.10	20.30
Nbr of stocks (in thousands)	495,582	495,582	495,582	495,582	509,888	509,888
Announcement Date	3/31/21 A	5/27/22 A	3/31/23 A	4/1/24 A	3/31/25 A	3/31/26 A

¹TWD in Million²TWD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
TEST-RITE INTERNATIONAL CO., LTD.	-	-	-	-	346M
MIDEA GROUP CO., LTD.	14.62x	1.46x	11.82x	5.03%	108B
GREE ELECTRIC APPLIANCES, INC. OF ZHUHAI	8.78x	1.18x	6.02x	6.95%	32.3B
SHARKNINJA, INC.	34.28x	3.8x	20.87x	0.93%	29.3B
HAIER SMART HOME CO., LTD.	10.74x	0.53x	5.14x	5.59%	26.91B
LG ELECTRONICS INDIA LIMITED	49.46x	3.83x	33.61x	0.66%	11.88B
RATIONAL AG	25.99x	4.95x	17.16x	2.82%	7.92B
DE'LONGHI S.P.A.	17.49x	1.43x	8.4x	2.27%	7.2B
COWAY CO., LTD.	10.45x	1.69x	6.71x	3.18%	5.47B
ZHEJIANG SUPOR CO., LTD.	16.98x	1.4x	12.77x	5.16%	5.11B
Average	20.98x	2.25x	13.61x	3.62%	23.42B
Weighted average by Cap.	18.03x	1.85x	12.47x	4.42%