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Test-Rite International Co., Ltd.TWSE:2908 Stock Report

Market Cap NT$11.1b
Share Price
n/a
1Y10.4%
7D1.9%
1D2.4%
Portfolio Value
​
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Test-Rite International Co., Ltd.

TWSE:2908 Stock Report

Market Cap: NT$11.1b

Test-Rite International (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

2908 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends3/6

Rewards

Trading at 37.6% below our estimate of its fair value

Risk Analysis

Earnings have declined by 39% per year over past 5 years

Interest payments are not well covered by earnings

Unstable dividend track record

Large one-off items impacting financial results


2908 Community Fair Values

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Test-Rite International Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Test-Rite International
Historical stock prices
Current Share PriceNT$21.70
52 Week HighNT$21.85
52 Week LowNT$19.40
Beta0.18
1 Month Change1.40%
3 Month Change8.50%
1 Year Change10.43%
3 Year Change6.90%
5 Year Change-15.40%
Change since IPO-51.03%

Recent News & Updates

Recent updates

Analysis Article • May 31

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

Test-Rite International Co., Ltd.'s ( TWSE:2908 ) dividend is being reduced from last year's payment covering the same...
Analysis Article • May 22

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

A lackluster earnings announcement from Test-Rite International Co., Ltd. ( TWSE:2908 ) last week didn't sink the stock...
Analysis Article • Apr 25

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

Dividend paying stocks like Test-Rite International Co., Ltd. ( TPE:2908 ) tend to be popular with investors, and for...
Analysis Article • Apr 04

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

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 • Mar 13

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

On average, over time, stock markets tend to rise higher. This makes investing attractive. But if you choose that path...
Analysis Article • Feb 20

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

Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Analysis Article • Feb 02

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

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • Jan 15

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

Today we'll take a closer look at Test-Rite International Co., Ltd. ( TPE:2908 ) from a dividend investor's...
Analysis Article • Dec 29

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

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article • Dec 11

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

If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to...
Analysis Article • Nov 24

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

Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. That said, the...

Shareholder Returns

2908TW Retail DistributorsTW Market
7D1.9%-0.3%-1.4%
1Y10.4%3.2%101.6%

Return vs Industry: 2908 exceeded the TW Retail Distributors industry which returned 3.2% over the past year.

Return vs Market: 2908 underperformed the TW Market which returned 101.6% over the past year.

Price Volatility

Is 2908's price volatile compared to industry and market?
2908 volatility
2908 Average Weekly Movement1.7%
Retail Distributors Industry Average Movement3.5%
Market Average Movement6.5%
10% most volatile stocks in TW Market12.1%
10% least volatile stocks in TW Market2.6%

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 (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1978n/aJudy Leewww.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

How do Test-Rite International's earnings and revenue compare to its market cap?
2908 fundamental statistics
Market capNT$11.06b
Earnings (TTM)NT$201.79m
Revenue (TTM)NT$34.47b
54.8x
P/E Ratio
0.3x
P/S Ratio

Is 2908 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2908 income statement (TTM)
RevenueNT$34.47b
Cost of RevenueNT$25.39b
Gross ProfitNT$9.07b
Other ExpensesNT$8.87b
EarningsNT$201.79m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.40
Gross Margin26.33%
Net Profit Margin0.59%
Debt/Equity Ratio163.5%

How did 2908 perform over the long term?

See historical performance and comparison

Dividends

1.5%
Current Dividend Yield
83%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/08 23:13
End of Day Share Price 2026/07/08 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

Test-Rite International Co., Ltd. is covered by 3 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.

AnalystInstitution
Meijun YehCapital Securities Corporation
Jerry LuSinoPac Securities Investment Service
Juliette LiuYuanta Research