TSRC (TPE:2103) Market Cap: NT$16,721 Mil (As of Jun. 29, 2026)


TPE:2103 TSRC Corp TPE:2103
66 GF Score
Price NT$20.25
GF Value NT$26.56
Valuation Modestly Undervalued
! 11 Warning Signs
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What is TSRC Market Cap?

TSRC TPE:2103 -5.59% 66 Market Cap is NT$16,721 Mil as of Jun. 29, 2026. GuruFocus rates TPE:2103 with a GF Score™ of 66/100 and a GF Value™ of NT$26.56 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 1,634 Chemicals companies, TSRC ranks better than 61.87% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). TSRC's share price for the quarter that ended in Dec. 2025 was NT$15.5. TSRC's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 826 Mil. Therefore, TSRC's market cap for the quarter that ended in Dec. 2025 was NT$12,799 Mil.

TSRC's quarterly market cap declined from Jun. 2025 (NT$14,821 Mil) to Sep. 2025 (NT$13,377 Mil) and declined from Sep. 2025 (NT$13,377 Mil) to Dec. 2025 (NT$12,799 Mil).

TSRC's annual market cap declined from Dec. 2023 (NT$19,900 Mil) to Dec. 2024 (NT$16,638 Mil) and declined from Dec. 2024 (NT$16,638 Mil) to Dec. 2025 (NT$12,799 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. TSRC's Enterprise Value for Today is NT$24,917 Mil.


TSRC  (TPE:2103) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


TSRC Market Cap Related Terms


TSRC Market Cap Historical Data

* Premium members only.

The historical data trend for TSRC's Market Cap 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.

TSRC Market Cap Chart

TSRC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33,358.68 22,335.46 19,899.61 16,638.06 12,798.51

TSRC Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Market Cap 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 16,638.06 16,018.77 14,821.49 13,376.50 12,798.51

TPE:2103 vs LIN, SHW, ECL: Market Cap Comparison

For the Specialty Chemicals subindustry, TSRC's Market Cap, along with its competitors' market caps and Market Cap 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.


TSRC Market Cap vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, TSRC's Market Cap distribution charts can be found below:

* The bar in red indicates where TSRC's Market Cap falls into.


TPE:2103
66GF Score
TSRC Corp TPE:2103
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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TSRC Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

TSRC's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=NT$15.5*825.710
=NT$12,799

TSRC's Market Cap for the quarter that ended in Dec. 2025 is calculated as

Market Cap (Q: Dec. 2025 )=Share Price (Q: Dec. 2025 )*Shares Outstanding (EOP) (Q: Dec. 2025 )
=NT$15.5*825.710
=NT$12,799

* 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 Market Cap →
What does a Market Cap of NT$16,721 Mil mean?
TSRC (TPE:2103) has a Market Cap of NT$16,721 Mil as of Jun. 29, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on TSRC and its competitors. According to the industry distribution chart, TSRC ranks #623 out of 1634 companies in the Chemicals industry, placing it in the top 38.1%.
Is TSRC's Market Cap too high?
TSRC's current Market Cap is NT$16,721 Mil. Based on the distribution chart, TSRC ranks #623 out of 1634 companies in the Chemicals industry, which is above the industry midpoint. Overall, TSRC has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TSRC's Market Cap compare to LIN and SHW?
According to the Chemicals industry distribution chart, TSRC ranks #623 out of 1634 companies for Market Cap. This puts TSRC in the upper half of its industry. The industry median Market Cap is 293.64. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Chemicals company?
The median Market Cap among Chemicals companies is 293.64, based on 1,634 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on TSRC and its competitors. For the Chemicals industry, the median Market Cap is 293.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSRC's current Market Cap is NT$16,721 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSRC stock overvalued right now?
Based on GuruFocus' analysis, TSRC (TPE:2103) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$26.56, compared to a current price of NT$20.25 — trading 23.8% below its estimated fair value. The current Market Cap is NT$16,721 Mil. TSRC's overall GF Score™ is 66/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For TSRC (TPE:2103), the current Market Cap is NT$16,721 Mil as of Jun. 29, 2026. 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 TSRC (TPE:2103) Overvalued in 2026?

Based on GuruFocus' analysis, TSRC stock appears to be undervalued. The current stock price of NT$20.25 is trading 23.8% below its estimated GF Value™ of NT$26.56. GuruFocus considers TSRC to be Modestly Undervalued.

Key valuation signals for TPE:2103:

  • Market Cap: NT$16,721 Mil
  • GF Value™: NT$26.56 vs. price of NT$20.25 (23.8% below fair value)
  • GF Score™: 66/100 with 11 warning signs

No single metric tells the full story. See the TPE:2103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TSRC Business Description

Address No. 2, Singgong Road, Dashe District, Kaohsiung, TWN
TSRC Corporation is a rubber manufacturer based out of Taiwan. The company offers tire products globally, with Asian markets accounting for the majority of the company's sales. Product offerings are divided into the Synthetic Rubber business and Applied polymer business. Under the Synthetic Rubber business, tires are built to improve abrasion resistance and provide low rolling resistance and wet grip resistance. Consumers of TSRC Corp tire products depend on products to deliver reduced fuel consumption and meet a host of regulations and environmental conditions. Products under the Applied Polymers business are often used in high-grade shoe soles, asphalt modification, plastic modification, adhesives, and other end markets. Its geographical segments are Asia, America, Europe, and Others.
66GF Score

Get the complete analysis for TPE:2103

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

NT$20.25
Price
NT$26.56
GF Value