Good Will Instrument Co (TPE:2423) Quality Rank

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:2423 Good Will Instrument Co Ltd TPE:2423
75 GF Score
Price NT$72.40
GF Value NT$46.50
Valuation Significantly Overvalued
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What is Good Will Instrument Co Quality Rank?

The Quality Rank measures the business quality of a company relative to other companies. It is ranked based on the strength of the balance sheet, as well as the profitability and growth of the business. The ranked companies are split in equal numbers and then ranked from 1 to 10, with 10 being the highest.

The rank of balance sheet (30%)

The rank of balance sheet is done through the ranking of:
  • Interest coverage
  • Zscore
  • Debt to revenue
  • Equity to asset
  • Cash to debt

The rank of Profitability (70%)

The ranking of Profitability is done by ranking:
  • Operating margin mean rank (10-year mean average profit margine)
  • Operating margin growth rank
  • Fscore
  • Predictability rank
  • Revenue growth rank (5 year), when the growth is higher than 25%, set it as 25%
  • Num of year profit (number of years that is profitable within the last 10 years)
  • ROIC median (10-year median of ROIC)

Good Will Instrument Co Quality Rank Related Terms

TPE:2423
75GF Score
Good Will Instrument Co Ltd TPE:2423
Quality Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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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$72.40 is trading 55.7% above its estimated GF Value™ of NT$46.50. GuruFocus considers Good Will Instrument Co to be Significantly Overvalued.

Key valuation signals for TPE:2423:

  • Quality Rank:
  • GF Value™: NT$46.50 vs. price of NT$72.40 (55.7% 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

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

NT$72.40
Price
NT$46.50
GF Value