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Test-Rite International TWSE:2908 Stock Report

Last Price

NT$20.15

Market Cap

NT$10.3b

7D

-0.5%

1Y

-1.7%

Updated

18 Nov, 2024

Data

Company Financials

Test-Rite International Co., Ltd.

TWSE:2908 Stock Report

Market Cap: NT$10.3b

2908 Stock Overview

Imports and exports household products in Asia, America, Europe, Australia, and internationally. More details

2908 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends2/6

Test-Rite International Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Test-Rite International
Historical stock prices
Current Share PriceNT$20.15
52 Week HighNT$22.50
52 Week LowNT$19.80
Beta0.26
11 Month Change-0.98%
3 Month Change-1.95%
1 Year Change-1.71%
33 Year Change-11.43%
5 Year Change-4.50%
Change since IPO-54.53%

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 (TWSE:2908) Has Announced That Its Dividend Will Be Reduced To NT$0.5832

Test-Rite International's (TWSE:2908) Weak Earnings May Only Reveal A Part Of The Whole Picture

May 22
Test-Rite International's (TWSE:2908) Weak Earnings May Only Reveal A Part Of The Whole Picture

Test-Rite International Co., Ltd. (TPE:2908) Is Yielding 4.1% - But Is It A Buy?

Apr 25
Test-Rite International Co., Ltd. (TPE:2908) Is Yielding 4.1% - But Is It A Buy?

Slowing Rates Of Return At Test-Rite International (TPE:2908) Leave Little Room For Excitement

Apr 04
Slowing Rates Of Return At Test-Rite International (TPE:2908) Leave Little Room For Excitement

Introducing Test-Rite International (TPE:2908), A Stock That Climbed 38% In The Last Year

Mar 13
Introducing Test-Rite International (TPE:2908), A Stock That Climbed 38% In The Last Year

Is Test-Rite International Co., Ltd.'s (TPE:2908) ROE Of 12% Impressive?

Feb 20
Is Test-Rite International Co., Ltd.'s (TPE:2908) ROE Of 12% Impressive?

Is Test-Rite International (TPE:2908) Using Too Much Debt?

Feb 02
Is Test-Rite International (TPE:2908) Using Too Much Debt?

Is Test-Rite International Co., Ltd. (TPE:2908) A Great Dividend Stock?

Jan 15
Is Test-Rite International Co., Ltd. (TPE:2908) A Great Dividend Stock?

The Trends At Test-Rite International (TPE:2908) That You Should Know About

Dec 29
The Trends At Test-Rite International (TPE:2908) That You Should Know About

Did You Participate In Any Of Test-Rite International's (TPE:2908) Respectable 72% Return?

Dec 11
Did You Participate In Any Of Test-Rite International's (TPE:2908) Respectable 72% Return?

Here's Why We Think Test-Rite International's (TPE:2908) Statutory Earnings Might Be Conservative

Nov 24
Here's Why We Think Test-Rite International's (TPE:2908) Statutory Earnings Might Be Conservative

Shareholder Returns

2908TW Retail DistributorsTW Market
7D-0.5%-0.9%-4.2%
1Y-1.7%5.1%28.9%

Return vs Industry: 2908 underperformed the TW Retail Distributors industry which returned 5% over the past year.

Return vs Market: 2908 underperformed the TW Market which returned 30.2% over the past year.

Price Volatility

Is 2908's price volatile compared to industry and market?
2908 volatility
2908 Average Weekly Movement1.2%
Retail Distributors Industry Average Movement2.2%
Market Average Movement4.6%
10% most volatile stocks in TW Market8.0%
10% least volatile stocks in TW Market2.1%

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

FoundedEmployeesCEOWebsite
1978n/aJudy Leewww.testritegroup.com

Test-Rite International Co., Ltd. imports and exports household products in Asia, America, Europe, Australia, and internationally. The company operates through Retail, Trading, and Construction segments. It offers shovels, sprinklers, etc.; Christmas gifts; outdoor tables and chairs, ice buckets, tents, etc.; barbecue stoves and other equipment; axes, saws, wrenches, and pliers; screws; automobile accessories and supplies, and repair and maintenance products; home storage box and cabinet, and do it yourself (DIY) furniture supplies; and travel storage products.

Test-Rite International Co., Ltd. Fundamentals Summary

How do Test-Rite International's earnings and revenue compare to its market cap?
2908 fundamental statistics
Market capNT$10.27b
Earnings (TTM)NT$285.70m
Revenue (TTM)NT$36.18b

36.0x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2908 income statement (TTM)
RevenueNT$36.18b
Cost of RevenueNT$26.82b
Gross ProfitNT$9.36b
Other ExpensesNT$9.07b
EarningsNT$285.70m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.56
Gross Margin25.86%
Net Profit Margin0.79%
Debt/Equity Ratio171.7%

How did 2908 perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

111%

Payout Ratio