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Polygreen Resources Co., Ltd.TPEX:8423 Stock Report

Market Cap NT$738.3m
Share Price
NT$17.85
NT$19.62
9.0% undervalued intrinsic discount
1Y-3.7%
7D0.3%
Portfolio Value
View

Polygreen Resources Co., Ltd.

TPEX:8423 Stock Report

Market Cap: NT$738.3m

Polygreen Resources (8423) Stock Overview

An investment holding company, engages in resource recycling and environmental protection business in Taiwan, Japan, China, Philippines, Vietnam, Indonesia, the Middle East, Singapore, and internationally. More details

8423 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends3/6

8423 Community Fair Values

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Polygreen Resources Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Polygreen Resources
Historical stock prices
Current Share PriceNT$17.85
52 Week HighNT$19.80
52 Week LowNT$17.15
Beta0.31
1 Month Change-3.51%
3 Month Change-4.80%
1 Year Change-3.74%
3 Year Change-1.84%
5 Year Change23.50%
Change since IPO-33.63%

Recent News & Updates

Recent updates

Analysis Article Apr 16

Polygreen Resources (GTSM:8423) Has A Pretty Healthy Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Feb 18

Is Polygreen Resources (GTSM:8423) A Future Multi-bagger?

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Jan 20

Calculating The Intrinsic Value Of Polygreen Resources Co., Ltd. (GTSM:8423)

In this article we are going to estimate the intrinsic value of Polygreen Resources Co., Ltd. ( GTSM:8423 ) by taking...
Analysis Article Dec 16

Are Polygreen Resources Co., Ltd.'s (GTSM:8423) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

With its stock down 3.3% over the past three months, it is easy to disregard Polygreen Resources (GTSM:8423). However...
Analysis Article Nov 18

Here’s What’s Happening With Returns At Polygreen Resources (GTSM:8423)

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...

Shareholder Returns

8423TW Commercial ServicesTW Market
7D0.3%1.5%-3.5%
1Y-3.7%40.2%83.0%

Return vs Industry: 8423 underperformed the TW Commercial Services industry which returned 40.2% over the past year.

Return vs Market: 8423 underperformed the TW Market which returned 83% over the past year.

Price Volatility

Is 8423's price volatile compared to industry and market?
8423 volatility
8423 Average Weekly Movement4.6%
Commercial Services Industry Average Movement5.2%
Market Average Movement6.2%
10% most volatile stocks in TW Market12.2%
10% least volatile stocks in TW Market2.5%

Stable Share Price: 8423 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 8423's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1988n/aYin Sun Leewww.pgr.com.tw

Polygreen Resources Co., Ltd., an investment holding company, engages in resource recycling and environmental protection business in Taiwan, Japan, China, Philippines, Vietnam, Indonesia, the Middle East, Singapore, and internationally. The company manufactures and sells Tyrec, a tyrec reclaimed rubber for use in tires, conveyor belts, inner tubes, ring pads, rubber matting, shoe soles, vibration pads, dock fenders, and other rubber products; and Burec, a butyl reclaimed rubber for use in butyl inner tubes, tire inner liners, butyl adhesives, and other butyl rubber-related products Its products also comprise T-Mesh, a crumb rubber for use in various applications in rubber products as compounding substitute, such as tire, ring pads, and rubber matting; and rubber granules that are recycled from the tire and industrial rubber waste that is used in the underlayment for running tracks, children’s playgrounds, gym, and rubber tiles. The company also exports its products.

Polygreen Resources Co., Ltd. Fundamentals Summary

How do Polygreen Resources's earnings and revenue compare to its market cap?
8423 fundamental statistics
Market capNT$738.34m
Earnings (TTM)NT$35.36m
Revenue (TTM)NT$379.56m
21.1x
P/E Ratio
2.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8423 income statement (TTM)
RevenueNT$379.56m
Cost of RevenueNT$271.29m
Gross ProfitNT$108.27m
Other ExpensesNT$72.91m
EarningsNT$35.36m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.85
Gross Margin28.52%
Net Profit Margin9.32%
Debt/Equity Ratio39.1%

How did 8423 perform over the long term?

See historical performance and comparison

Dividends

3.9%
Current Dividend Yield
82%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/21 11:39
End of Day Share Price 2026/05/21 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Polygreen Resources Co., Ltd. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.