TPE/2228 (TPE/2228)

Taiwan Stock Exchange: TPE/2228 · TWD

NT$71.4

+3.40 (+5.0%)· Recorded snapshot

Market cap	5.7B
Revenue (ttm)	4.9B
Net income (ttm)	323.9M
EPS (ttm)	NT$3.96
Shares out	79.8M
P/E (trailing)	18.0x
P/E (forward)	17.5x
Dividend	NT$4.50 (6.30%)
Volume	223,590
Beta	0.31

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 4.9B
Net income (ttm): 323.9M
EPS (ttm): NT$3.96
P/E (trailing): 18.0x
P/E (forward): 17.5x
Market cap: 5.7B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E17.5

P25 n/aP50 n/aP75 n/a

Trailing P/E18

P25 n/aP50 n/aP75 n/a

ROE6.9

P25 n/aP50 n/aP75 n/a

ROIC6.4

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All TPE/2228 indicators

Market & fundamental data

Available fields

250

Groups with data

Currency

TWD

Showing 250 of 250 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	TWD
Country	Taiwan
Country code	TW
Earnings date	2026-11-13
Employees	2,082
Employees change	19
Employees growth	0.92%
Enterprise value	TWD 4.4B
Exchange	Taiwan Stock Exchange
Financial currency	TWD
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Founded	1977
Industry	Auto Parts
Is primary listing	Yes
ISIN number	TW0002228004
Last earnings date	2025-11-07
Last refreshed	2026-10-28
Market cap	TWD 5.7B
Next earnings date	2026-11-13
Price	TWD 71.40
Price currency	TWD
Sector	Consumer Discretionary
SIC code	3714
Stock price date	2026-10-28
Symbol	tpe/2228
Website	https://www.irf.biz

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	17.85x
Average P/E ratio (10Y)	18.58x
Average P/E ratio (3Y)	14.83x
Average P/E ratio (5Y)	15.77x
Earnings yield	5.54%
EV/Earnings	13.63x
EV/EBIT	11.59x
EV/EBITDA	7.43x
EV/FCF	18.02x
EV/Sales	0.9x
FCF / EV yield	5.55%
FCF yield	4.3%
Forward P/E	17.46x
Graham number	74.31742
Graham upside	4.09%
Industry forward P/E	15.89x
Industry P/E	15.24x
Lynch fair value	TWD 19.78
Lynch upside	-72.3%
P/B ratio	1.15x
P/E ratio	18.05x
P/FCF ratio	23.26x
P/OCF ratio	15.05x
P/S ratio	1.17x
Price / tangible book value	1.16x
Price/EBITDA ratio	9.8x
Sector forward P/E	16.93x
Sector P/E	16.84x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	7.8%
EBITDA margin	11.92%
Effective tax rate	29.91%
FCF margin	5.02%
Gross margin	22.32%
Operating margin	7.8%
Pretax margin	9.47%
Profit margin	6.64%
Profit per employee	TWD 156,994
Profitable quarters	23
Profitable years	17
Revenue per employee	TWD 2.4M
ROA	3.46%
ROA (5Y)	4.34%
ROCE	6.38%
ROE	6.9%
ROE (5Y)	10.63%
ROIC	6.38%
ROIC (5Y)	9.81%
Tax / revenue	2.83%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-45.59%
EPS growth (Q)	-19.42%
EPS growth (QoQ)	0.89%
EPS growth 10Y	-8.55%
EPS growth 3Y	-14.91%
EPS growth 5Y	2.14%
EPS growth years	0
FCF growth	65.74%
FCF growth 3Y	-21.67%
FCF growth 5Y	-5.17%
Gross profit growth	-12.97%
Gross profit growth (Q)	-11.8%
Gross profit growth 3Y	-2.7%
Gross profit growth 5Y	3.51%
Net income growth	-44.88%
Net income growth (Q)	-19.48%
Net income growth (QoQ)	1.31%
Net income growth 3Y	-13.27%
Net income growth 5Y	2.96%
Net income growth years	0
OCF growth	20.82%
OCF growth 10Y	-6.38%
OCF growth 3Y	-16.98%
OCF growth 5Y	-7.51%
Operating income growth	-27.42%
Operating income growth (Q)	-29.45%
Operating income growth 3Y	-9.17%
Operating income growth 5Y	8.95%
Revenue growth	-4.65%
Revenue growth (Q)	-1.6%
Revenue growth (QoQ)	-1.03%
Revenue growth 10Y	1.2%
Revenue growth 3Y	1.74%
Revenue growth 5Y	4.88%
Revenue growth years	0

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	TWD -133.7M
Depreciation and amortization	TWD 200.7M
EBIT	TWD 380.8M
EBITDA	TWD 581.5M
EPS	TWD 3.96
FCF per share	TWD 3.07
Financing cash flow	TWD -734.7M
Free cash flow	TWD 244.9M
Gross profit	TWD 1.1B
Income taxes	TWD 138.2M
Investing cash flow	TWD -147.1M
Net borrowing	TWD -18.9M
Net cash flow	TWD -102.1M
Net income	TWD 323.9M
Operating income	TWD 380.8M
Revenue	TWD 4.9B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	4.4
Book value per share	TWD 62.05
Debt / EBITDA	0.67
Debt / equity	0.08
Debt / FCF	1.63
Interest coverage	34.94
Long-term assets	TWD 2.5B
Long-term liabilities	TWD 1B
Net cash (debt)	TWD 1.3B
Net cash / market cap	22.53%
Net cash growth	0.16%
Net debt / EBITDA	-2.21
Net debt / equity	-0.26
Net debt / FCF	-5.24
Piotroski F-Score	6
Property, plant and equipment	TWD 2B
Shareholders' equity	TWD 5B
Tangible book value	TWD 4.9B
Tangible book value per share	TWD 61.78
Total assets	TWD 6.9B
Total cash	TWD 1.7B
Total debt	TWD 398.7M
Total liabilities	TWD 2B
WACC	5.67%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.71
Current assets	TWD 4.5B
Current liabilities	TWD 971.7M
Current ratio	4.58
Inventory turnover	3.22
Net working capital	TWD 1.8B
Quick ratio	3.14
Working capital	TWD 3.5B
Working capital turnover	1.59

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-2.23%
Dividend growth	-50%
Dividend growth (10Y)	0.07%
Dividend growth (3Y)	4%
Dividend growth (5Y)	33.78%
Dividend growth years	4
Dividend payment date	2026-08-12
Dividend payment years	16
Dividend payout frequency	Annual
Dividend per share	TWD 4.50
Dividend yield	6.3%
Ex-dividend date	2026-07-15
FCF payout ratio	146.62%
Last dividend	TWD 4.50
Payout ratio	221%
Shareholder yield	4.07%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	-63.01%
10Y return CAGR	-4.87%
10Y total return	-39.31%
150-day SMA	TWD 81.52
1D price change	5%
1M price change	-4.8%
1M total return	-4.8%
1W price change	1.13%
1W total return	1.13%
1Y price change	-28.17%
1Y return CAGR	-24.1%
1Y total return	-24.09%
20-day SMA	TWD 73.10
200-day SMA	TWD 85.93
3M price change	-10.75%
3M total return	-10.75%
3Y price change	-17.84%
3Y return CAGR	0.47%
3Y total return	1.41%
50-day SMA	TWD 74.31
50-day SMA vs 200-day SMA	50under200
52-week high	TWD 114.00
52-week high date	2025-12-09
52-week low	TWD 68.00
52-week low date	2026-10-27
5Y price change	2.88%
5Y return CAGR	6.41%
5Y total return	36.41%
6M price change	-19.87%
6M total return	-15.31%
All-time high	TWD 262.00
All-time high date	2016-08-05
All-time low	TWD 40.00
All-time low date	2012-10-31
Average true range (ATR)	TWD 1.49
Average volume	159.5K
Beta (1Y)	0.59
Beta (2Y)	0.85
Beta (5Y)	0.31
Change from 52-week high	-37.37%
Change from 52-week low	5%
Change from all-time high	-72.75%
Change from all-time low	78.5%
Change from open	4.08%
Day's gap	0.88%
Dollar volume	TWD 16M
High price	TWD 71.60
Low price	TWD 68.60
Monthly RSI	38.94
Open price	TWD 68.60
Position in 52-week range	93.33%
Previous close	TWD 68.00
Price vs 150-day SMA	-12.41%
Price vs 20-day SMA	-2.32%
Price vs 200-day SMA	-16.91%
Price vs 50-day SMA	-3.92%
Relative volume	1.46
RSI	42.97
Sharpe ratio	-0.95
Sharpe ratio (3Y)	0.01
Sharpe ratio (5Y)	0.24
Sortino ratio	-1.24
Sortino ratio (3Y)	0.18
Sortino ratio (5Y)	0.55
Volume	223.6K
Weekly RSI	32.07
YTD price change	-32.32%
YTD total return	-28.48%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	39.3M
Shares change (QoQ)	-0.03%
Shares change (YoY)	2.23%
Shares held by insiders	6.69%
Shares held by institutions	6.94%
Shares outstanding	79.8M

Deeper analysis on TPE/2228

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

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Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

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Risks

Kill scenarios, soft-pass flags, and downside catalysts.

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Earnings

Next earnings setup and beat / inline / miss thresholds.

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Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

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Financials

Revenue, margins, cash flow, and balance-sheet context.

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Peers

Relative valuation and profitability against the cohort.

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Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

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Frequently asked questions

About this TPE/2228 report

Is a complete TPE/2228 research report available?

No complete published report is available for tpe/2228 (TPE/2228) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

TPE/2228 (TPE/2228)

Price

Financial snapshot

Fair-value bridge

Latest news · TPE/2228

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TPE/2228 indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TPE/2228

Frequently asked questions