Good Will Instrument Co (TPE:2423) Market Cap: NT$10,617 Mil (As of Jul. 02, 2026)


TPE:2423 Good Will Instrument Co Ltd TPE:2423
75 GF Score
Price NT$73.20
GF Value NT$41.46
Valuation Significantly Overvalued
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What is Good Will Instrument Co Market Cap?

Good Will Instrument Co TPE:2423 75 Market Cap is NT$10,617 Mil as of Jul. 02, 2026. GuruFocus rates TPE:2423 with a GF Score™ of 75/100 and a GF Value™ of NT$41.46 (Significantly Overvalued). Among 2,519 Hardware companies, Good Will Instrument Co ranks better than 56.89% 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). Good Will Instrument Co's share price for the quarter that ended in Dec. 2025 was NT$55. Good Will Instrument Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 145 Mil. Therefore, Good Will Instrument Co's market cap for the quarter that ended in Dec. 2025 was NT$7,978 Mil.

Good Will Instrument Co's quarterly market cap increased from Jun. 2025 (NT$6,208 Mil) to Sep. 2025 (NT$8,152 Mil) but then declined from Sep. 2025 (NT$8,152 Mil) to Dec. 2025 (NT$7,978 Mil).

Good Will Instrument Co's annual market cap increased from Dec. 2023 (NT$5,505 Mil) to Dec. 2024 (NT$5,954 Mil) and increased from Dec. 2024 (NT$5,954 Mil) to Dec. 2025 (NT$7,978 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. Good Will Instrument Co's Enterprise Value for Today is NT$10,103 Mil.


Good Will Instrument Co  (TPE:2423) 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.


Good Will Instrument Co Market Cap Related Terms


Good Will Instrument Co Market Cap Historical Data

* Premium members only.

The historical data trend for Good Will Instrument Co'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.

Good Will Instrument Co Market Cap Chart

Good Will Instrument Co 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 4,184.61 3,988.79 5,504.53 5,954.18 7,977.59

Good Will Instrument Co 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 5,954.18 6,490.85 6,208.01 8,151.64 7,977.59

TPE:2423 vs COHR, KEYS, GRMN: Market Cap Comparison

For the Scientific & Technical Instruments subindustry, Good Will Instrument Co'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.


Good Will Instrument Co Market Cap vs Hardware Industry

For the Hardware industry and Technology sector, Good Will Instrument Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Good Will Instrument Co's Market Cap falls into.


TPE:2423
75GF Score
Good Will Instrument Co Ltd TPE:2423
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Good Will Instrument Co 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.

Good Will Instrument Co'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$55*145.047
=NT$7,978

Good Will Instrument Co'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$55*145.047
=NT$7,978

* 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$10,617 Mil mean?
Good Will Instrument Co (TPE:2423) has a Market Cap of NT$10,617 Mil as of Jul. 02, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Good Will Instrument Co and its competitors. According to the industry distribution chart, Good Will Instrument Co ranks #1086 out of 2519 companies in the Hardware industry, placing it in the top 43.1%.
Is Good Will Instrument Co's Market Cap too high?
Good Will Instrument Co's current Market Cap is NT$10,617 Mil. Based on the distribution chart, Good Will Instrument Co ranks #1086 out of 2519 companies in the Hardware industry, which is above the industry midpoint. Overall, Good Will Instrument Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Good Will Instrument Co's Market Cap compare to COHR and KEYS?
According to the Hardware industry distribution chart, Good Will Instrument Co ranks #1086 out of 2519 companies for Market Cap. This puts Good Will Instrument Co in the upper half of its industry. The industry median Market Cap is 210.35. 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 Hardware company?
The median Market Cap among Hardware companies is 210.35, based on 2,519 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 Good Will Instrument Co and its competitors. For the Hardware industry, the median Market Cap is 210.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Good Will Instrument Co's current Market Cap is NT$10,617 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Good Will Instrument Co stock overvalued right now?
Based on GuruFocus' analysis, Good Will Instrument Co (TPE:2423) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$41.46, compared to a current price of NT$73.20 — trading 76.6% above its estimated fair value. The current Market Cap is NT$10,617 Mil. Good Will Instrument Co's overall GF Score™ is 75/100. 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 Good Will Instrument Co (TPE:2423), the current Market Cap is NT$10,617 Mil as of Jul. 02, 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 Good Will Instrument Co (TPE:2423) Overvalued in 2026?

Based on GuruFocus' analysis, Good Will Instrument Co stock appears to be overvalued. The current stock price of NT$73.20 is trading 76.6% above its estimated GF Value™ of NT$41.46. GuruFocus considers Good Will Instrument Co to be Significantly Overvalued.

Key valuation signals for TPE:2423:

  • Market Cap: NT$10,617 Mil
  • GF Value™: NT$41.46 vs. price of NT$73.20 (76.6% above fair value)
  • GF Score™: 75/100

No single metric tells the full story. See the TPE:2423 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Good Will Instrument Co Business Description

Address Jhongsing Road, No. 7-1, Tucheng District, New Taipei City, TWN, 236
Good Will Instrument Co Ltd manufactures and sells electrical testing instruments, communication equipment, and related products. Its products include oscilloscopes, spectrum analyzers, signal sources, power supplies, public broadcasting and video monitoring systems, environmental testing equipment, constant temperature and humidity equipment, and vibration test equipment, among others. Geographically, the company generates a majority of its revenue from China and the rest from Japan, Taiwan, America, Europe, and other countries.
75GF Score

Get the complete analysis for TPE:2423

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

NT$73.20
Price
NT$41.46
GF Value