Test Rite International Co (TPE:2908) FCF Margin %: 12.68% (As of Dec. 2025) — 246% Above Median

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TPE:2908 Test Rite International Co Ltd TPE:2908
65 GF Score
Price NT$21.60
GF Value NT$18.31
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Test Rite International Co FCF Margin %?

Test Rite International Co TPE:2908 +0.23% 65 FCF Margin % is 12.68% as of Dec. 2025, which is 246% above its 10-year median of 3.66. GuruFocus rates TPE:2908 with a GF Score™ of 65/100 and a GF Value™ of NT$18.31 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 1,128 Retail - Cyclical companies, Test Rite International Co ranks better than 56.29% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Test Rite International Co's Free Cash Flow for the three months ended in Dec. 2025 was NT$1,042 Mil. Test Rite International Co's Revenue for the three months ended in Dec. 2025 was NT$8,218 Mil. Therefore, Test Rite International Co's FCF Margin % for the quarter that ended in Dec. 2025 was 12.68%.

As of today, Test Rite International Co's current FCF Yield % is 13.44%.

The historical rank and industry rank for Test Rite International Co's FCF Margin % or its related term are showing as below:

TPE:2908' s FCF Margin % Range Over the Past 10 Years
Min: -2.85   Med: 3.66   Max: 10.73
Current: 4.4


During the past 13 years, the highest FCF Margin % of Test Rite International Co was 10.73%. The lowest was -2.85%. And the median was 3.66%.

TPE:2908's FCF Margin % is ranked better than
56.29% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 3.165 vs TPE:2908: 4.40


Test Rite International Co FCF Margin % Related Terms


Test Rite International Co FCF Margin % Historical Data

* Premium members only.

The historical data trend for Test Rite International Co's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Test Rite International Co FCF Margin % Chart

Test Rite International Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.40 -1.75 4.90 5.41 4.40

Test Rite International Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.87 -4.78 0.65 9.42 12.68

TPE:2908 vs HD, LOW, FND: FCF Margin % Comparison

For the Home Improvement Retail subindustry, Test Rite International Co's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Test Rite International Co FCF Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Test Rite International Co's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Test Rite International Co's FCF Margin % falls into.


TPE:2908
65GF Score
Test Rite International Co Ltd TPE:2908
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Test Rite International Co FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Test Rite International Co's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1480.085/33621.801
=4.40 %

Test Rite International Co's FCF Margin for the quarter that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=1041.746/8218.049
=12.68 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 12.68% mean?
Test Rite International Co (TPE:2908) has a FCF Margin % of 12.68% as of Dec. 2025. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Test Rite International Co and its competitors. This is 246% above median its historical median of 3.66. According to the industry distribution chart, Test Rite International Co ranks #493 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 43.7%.
Is Test Rite International Co's FCF Margin % too high?
Test Rite International Co's current FCF Margin % of 12.68% is 246% above median its 10-year median of 3.66. The Retail - Cyclical industry median FCF Margin % is 3.17. Test Rite International Co's value of 12.68% is 300.6% above this industry median. Based on the distribution chart, Test Rite International Co ranks #493 out of 1128 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Test Rite International Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Test Rite International Co's FCF Margin % compare to HD and LOW?
According to the Retail - Cyclical industry distribution chart, Test Rite International Co ranks #493 out of 1128 companies for FCF Margin %. This puts Test Rite International Co in the upper half of its industry. The industry median FCF Margin % is 3.17. Test Rite International Co's value of 12.68% is 300.6% above this benchmark. While the company's 10-year median is 3.66 vs. the industry median of 3.17, Test Rite International Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Retail - Cyclical company?
The median FCF Margin % among Retail - Cyclical companies is 3.17, based on 1,128 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Test Rite International Co's current FCF Margin % of 12.68% is 300.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Test Rite International Co and its competitors. For the Retail - Cyclical industry, the median FCF Margin % is 3.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Test Rite International Co's current FCF Margin % is 12.68%, which is 246% above median its own 10-year median of 3.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Test Rite International Co stock overvalued right now?
Based on GuruFocus' analysis, Test Rite International Co (TPE:2908) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$18.31, compared to a current price of NT$21.60 — trading 18% above its estimated fair value. The current FCF Margin % is 12.68%, which is 246% above median its 10-year median of 3.66 and 300.6% above the Retail - Cyclical industry median of 3.17. Test Rite International Co's overall GF Score™ is 65/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Test Rite International Co (TPE:2908), the current FCF Margin % is 12.68% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Test Rite International Co (TPE:2908) Overvalued in 2026?

Based on GuruFocus' analysis, Test Rite International Co stock appears to be overvalued. The current stock price of NT$21.60 is trading 18% above its estimated GF Value™ of NT$18.31. GuruFocus considers Test Rite International Co to be Modestly Overvalued.

Key valuation signals for TPE:2908:

  • FCF Margin %: 12.68% (246% above median its 10-year median of 3.66)
  • GF Value™: NT$18.31 vs. price of NT$21.60 (18% above fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 300.6% above the Retail - Cyclical median (#493 of 1128)

No single metric tells the full story. See the TPE:2908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Test Rite International Co Business Description

Address No. 23, Xinhu 3rd Road, 6th Floor, Neihu District, Taipei, TWN, 114518
Test Rite International Co Ltd is a Taiwan-based company that is principally engaged in the trading business and retail business. It mainly imports and exports hand tools, auto parts, machinery, furniture, and various home appliances. Test-Rite's marketplaces are located in the United States of America, Canada, Great Britain, France, Germany, Australia, etc.
65GF Score

Get the complete analysis for TPE:2908

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$21.60
Price
NT$18.31
GF Value