Taiwan Cogeneration (TPE:8926) Preferred Stock: NT$0 Mil (As of Mar. 2026)

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TPE:8926 Taiwan Cogeneration Corp TPE:8926
72 GF Score
Price NT$60.80
GF Value NT$43.63
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Taiwan Cogeneration Preferred Stock?

Taiwan Cogeneration TPE:8926 -1.78% 72 Preferred Stock is NT$0 Mil as of Mar. 2026. GuruFocus rates TPE:8926 with a GF Score™ of 72/100 and a GF Value™ of NT$43.63 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Preferred stock is a special equity security that has properties of both equity and debt. Taiwan Cogeneration's preferred stock for the quarter that ended in Mar. 2026 was NT$0 Mil.

The market value of preferred stock needs to be added to the market value of common stocks in the calculation of Enterprise Value. Taiwan Cogeneration's Enterprise Value for the quarter that ended in Mar. 2026 was NT$67,661 Mil.

In the calculation of book value, the par value of preferred stocks needs to subtracted from total equity. Taiwan Cogeneration's Book Value per Share for the quarter that ended in Mar. 2026 was NT$23.84.

Dividends paid to preferred stocks need to be subtracted from net income in the calculation of Earnings per Share (Diluted). Taiwan Cogeneration's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was NT$2.11.


Taiwan Cogeneration  (TPE:8926) Preferred Stock Explanation

When a company needs capital but does not wish to issue debt, they may sell preferred stocks to investors.

For instance, during the financial crisis of 2008, Goldman Sachs (GS) issued a combination of preferred stock and common stock options for $5 billion of capital to Warren Buffett’s Berkshire Hathaway (BRK.A)(BRK.B). In this deal, Berkshire Hathaway paid $5 billion for 10% cumulative perpetual preferred stock and warrants to buy 43.5 million shares of Goldman Sachs at $115 a share. Goldman Sachs bought back the preferred in 2010. Guess how much money Warren Buffett made in this deal in two years? Read How Much Did Warren Buffett’s Berkshire Hathaway (BRK.B) Make on Its Goldman Sachs (GS) Preferred Stock?

1. The market value of Preferred Stocks needs to be added to the market value of common stocks in the calculation of enterprise value.

Taiwan Cogeneration's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

2. In the calculation of Book Value, the par value of Preferred Stocks needs to subtracted from total equity.

Taiwan Cogeneration's Book Value per Share for the quarter that ended in Mar. 2026 is calculated as

3. Dividends paid to Preferred Stocks need to be subtracted from net income in the calculation of earnings per share.

Taiwan Cogeneration's Earnings per Share (Diluted) (EPS) for the three months ended in Mar. 2026 is calculated as

* 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.


Taiwan Cogeneration Preferred Stock Related Terms


Taiwan Cogeneration Preferred Stock Historical Data

* Premium members only.

The historical data trend for Taiwan Cogeneration's Preferred Stock 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.

Taiwan Cogeneration Preferred Stock Chart

Taiwan Cogeneration Annual Data
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Taiwan Cogeneration Quarterly Data
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TPE:8926
72GF Score
Taiwan Cogeneration Corp TPE:8926
Preferred Stock is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Cogeneration Preferred Stock Calculation

Preferred Stock is a special equity security that has properties of both equity and debt. It is generally considered a hybrid instrument. Preferred stock is senior to common stock, but is subordinate to bonds in terms of claim or rights to their share of the assets of the company.

Preferred stock has priority over common stock in the payment of dividends and any payments received when a company liquidates.

Preferred stock comes in many forms. It can be:


Convertible or Non-Convertible
Cumulative or Non-Cumulative
Voting or Non-Voting
Callable or Non-Callable
Maturity Date or No Maturity Date

A preferred stock without a maturity date is called a perpetual preferred stock. These are relatively rare. A good example of perpetual preferred stock is the many series of Public Storage (PSA) preferred shares that trade on the New York Stock Exchange.

Before investing in preferred stock, it is important to know which of the above groups the stock belongs to. Is it convertible or non-convertible? Are dividends cumulative or non-cumulative?

It is also critical that an investor knows what bonds the company has in front of the preferred stock. Bondholders get paid first. So the decision to buy a preferred stock can be similar to the decision to buy a bond. But, remember, the preferred stock of a company with bonds is junior to those bonds.

Unless a preferred stock is convertible, the upside in a preferred stock investment is more limited than in a common stock investment. If a company doubles its earnings, it is usually under no more obligation to double the dividends paid to preferred shareholders than it is to double the interest paid to its bankers and bondholders.So preferred stock is very different from common stock.

Frequently Asked Questions Learn more about Preferred Stock →
What does a Preferred Stock of NT$0 Mil mean?
Taiwan Cogeneration (TPE:8926) has a Preferred Stock of NT$0 Mil as of Mar. 2026. Preferred Stock represents the par value of a company's preferred shares. View historical data on Taiwan Cogeneration and its competitors.
Is Taiwan Cogeneration's Preferred Stock too high?
Taiwan Cogeneration's current Preferred Stock is NT$0 Mil. Overall, Taiwan Cogeneration has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Cogeneration's Preferred Stock compare to PWR and FIX?
Taiwan Cogeneration's Preferred Stock of NT$0 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Preferred Stock for a Construction company?
A good Preferred Stock depends on the Construction industry context. However, Preferred Stock 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 Preferred Stock mean?
A high Preferred Stock can signal that a stock is expensive relative to its fundamentals. Preferred Stock represents the par value of a company's preferred shares. View historical data on Taiwan Cogeneration and its competitors. Taiwan Cogeneration's current Preferred Stock is NT$0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Cogeneration stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Cogeneration (TPE:8926) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$43.63, compared to a current price of NT$60.80 — trading 39.4% above its estimated fair value. The current Preferred Stock is NT$0 Mil. Taiwan Cogeneration's overall GF Score™ is 72/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Preferred Stock calculated?
Preferred Stock is calculated from a company's financial statements. For Taiwan Cogeneration (TPE:8926), the current Preferred Stock is NT$0 Mil as of Mar. 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 Taiwan Cogeneration (TPE:8926) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Cogeneration stock appears to be overvalued. The current stock price of NT$60.80 is trading 39.4% above its estimated GF Value™ of NT$43.63. GuruFocus considers Taiwan Cogeneration to be Significantly Overvalued.

Key valuation signals for TPE:8926:

  • Preferred Stock: NT$0 Mil
  • GF Value™: NT$43.63 vs. price of NT$60.80 (39.4% above fair value)
  • GF Score™: 72/100 with 8 warning signs

No single metric tells the full story. See the TPE:8926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Cogeneration Business Description

Address No. 392, Ruiguang Road, 6th Floor, Neihu District, Taipei, TWN, 11492
Taiwan Cogeneration Corp is engaged in engineering, planning, design, procurement, installation, construction and financial planning of cogeneration systems, environmental protection and fuel procurement for cogeneration systems and related businesses. The Corporation also operates and manages cogeneration plants, provides research and development, technical and consultation services related to cogeneration, and manufactures, assembles, sells, leases, installs and repairs cogeneration equipment. In addition, it invests in cogeneration plants, trades related equipment, engages in power generation businesses other than utility, and performs electric equipment installation. Its revenues are generated from sales from cogeneration plants and revenue from consulting and construction services.
72GF Score

Get the complete analysis for TPE:8926

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

NT$60.80
Price
NT$43.63
GF Value