2908 Stock Overview
Imports and exports hand tools, auto parts, machinery, furniture, and other home appliances in the United States of America, Canada, Great Britain, France, Germany, and Australia. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 2/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
Test-Rite International Co., Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NT$19.95 |
| 52 Week High | NT$22.50 |
| 52 Week Low | NT$19.80 |
| Beta | 0.26 |
| 1 Month Change | -1.72% |
| 3 Month Change | -2.68% |
| 1 Year Change | -2.92% |
| 3 Year Change | -5.67% |
| 5 Year Change | -4.09% |
| Change since IPO | -54.98% |
Recent News & Updates
Recent updates
Test-Rite International (TWSE:2908) Has Announced That Its Dividend Will Be Reduced To NT$0.5832
May 31
Test-Rite International's (TWSE:2908) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 22Test-Rite International Co., Ltd. (TPE:2908) Is Yielding 4.1% - But Is It A Buy?
Apr 25Slowing Rates Of Return At Test-Rite International (TPE:2908) Leave Little Room For Excitement
Apr 04Introducing Test-Rite International (TPE:2908), A Stock That Climbed 38% In The Last Year
Mar 13Is Test-Rite International Co., Ltd.'s (TPE:2908) ROE Of 12% Impressive?
Feb 20Is Test-Rite International (TPE:2908) Using Too Much Debt?
Feb 02Is Test-Rite International Co., Ltd. (TPE:2908) A Great Dividend Stock?
Jan 15
The Trends At Test-Rite International (TPE:2908) That You Should Know About
Dec 29Did You Participate In Any Of Test-Rite International's (TPE:2908) Respectable 72% Return?
Dec 11Here's Why We Think Test-Rite International's (TPE:2908) Statutory Earnings Might Be Conservative
Nov 24Shareholder Returns
| 2908 | TW Retail Distributors | TW Market | |
|---|---|---|---|
| 7D | -0.3% | -0.5% | 0.9% |
| 1Y | -2.9% | 1.9% | 28.9% |
Return vs Industry: 2908 underperformed the TW Retail Distributors industry which returned 1.9% over the past year.
Return vs Market: 2908 underperformed the TW Market which returned 28.9% over the past year.
Price Volatility
| 2908 volatility | |
|---|---|
| 2908 Average Weekly Movement | 1.1% |
| Retail Distributors Industry Average Movement | 2.2% |
| Market Average Movement | 4.5% |
| 10% most volatile stocks in TW Market | 7.8% |
| 10% least volatile stocks in TW Market | 2.1% |
Stable Share Price: 2908 has not had significant price volatility in the past 3 months compared to the TW market.
Volatility Over Time: 2908's weekly volatility (1%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1978 | n/a | Judy Lee | www.testritegroup.com |
Test-Rite International Co., Ltd. imports and exports hand tools, auto parts, machinery, furniture, and other home appliances in the United States of America, Canada, Great Britain, France, Germany, and Australia. It also operates retail chain stores and sells home-related products. The company engages in real estate development and planning business.
Test-Rite International Co., Ltd. Fundamentals Summary
| 2908 fundamental statistics | |
|---|---|
| Market cap | NT$10.22b |
| Earnings (TTM) | NT$286.12m |
| Revenue (TTM) | NT$36.18b |
35.6x
P/E Ratio0.3x
P/S RatioIs 2908 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2908 income statement (TTM) | |
|---|---|
| Revenue | NT$36.18b |
| Cost of Revenue | NT$26.82b |
| Gross Profit | NT$9.36b |
| Other Expenses | NT$9.07b |
| Earnings | NT$286.12m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.56 |
| Gross Margin | 25.86% |
| Net Profit Margin | 0.79% |
| Debt/Equity Ratio | 178.1% |
How did 2908 perform over the long term?
See historical performance and comparisonDividends
2.9%
Current Dividend Yield102%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 17:17 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
Test-Rite International Co., Ltd. is covered by 5 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.
| Analyst | Institution |
|---|---|
| Meijun Yeh | Capital Securities Corporation |
| Titan Horng | IBTS Investment Consulting Co., Ltd. |
| Youyu Chen | Jih Sun Securities Investment Consulting Co., Ltd. |