Turvo International Co (TPE:2233) Research & Development: NT$249 Mil (TTM As of Dec. 2025)


TPE:2233 Turvo International Co Ltd TPE:2233
76 GF Score
Price NT$214.00
GF Value NT$159.16
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Turvo International Co Research & Development?

Turvo International Co TPE:2233 -7.16% 76 Research & Development is NT$249 Mil as of Dec. 2025. GuruFocus rates TPE:2233 with a GF Score™ of 76/100 and a GF Value™ of NT$159.16 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Turvo International Co's Research & Development for the three months ended in Dec. 2025 was NT$62 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$249 Mil.

Turvo International Co  (TPE:2233) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Turvo International Co Research & Development Related Terms

Turvo International Co Research & Development Historical Data

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The historical data trend for Turvo International Co's Research & Development 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.

Turvo International Co Research & Development Chart

Turvo International Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 191.20 185.24 224.71 257.98 249.25

Turvo International Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Research & Development 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 63.15 57.78 67.12 62.41 61.94
TPE:2233
76GF Score
Turvo International Co Ltd TPE:2233
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Turvo International Co Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$249 Mil.

* 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 Research & Development →
What does a Research & Development of NT$249 Mil mean?
Turvo International Co (TPE:2233) has a Research & Development of NT$249 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Turvo International Co and its competitors.
Is Turvo International Co's Research & Development too high?
Turvo International Co's current Research & Development is NT$249 Mil. Overall, Turvo International Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Turvo International Co's Research & Development compare to GEV and ETN?
Turvo International Co's Research & Development of NT$249 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Industrial Products company?
A good Research & Development depends on the Industrial Products industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Turvo International Co and its competitors. Turvo International Co's current Research & Development is NT$249 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turvo International Co stock overvalued right now?
Based on GuruFocus' analysis, Turvo International Co (TPE:2233) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$159.16, compared to a current price of NT$214.00 — trading 34.5% above its estimated fair value. The current Research & Development is NT$249 Mil. Turvo International Co's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Turvo International Co (TPE:2233), the current Research & Development is NT$249 Mil 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 Turvo International Co (TPE:2233) Overvalued in 2026?

Based on GuruFocus' analysis, Turvo International Co stock appears to be overvalued. The current stock price of NT$214.00 is trading 34.5% above its estimated GF Value™ of NT$159.16. GuruFocus considers Turvo International Co to be Significantly Overvalued.

Key valuation signals for TPE:2233:

  • Research & Development: NT$249 Mil
  • GF Value™: NT$159.16 vs. price of NT$214.00 (34.5% above fair value)
  • GF Score™: 76/100 with 5 warning signs

No single metric tells the full story. See the TPE:2233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Turvo International Co Business Description

Address No. 27, Jing 2 Road, Taichung Harbor Export Processing Zone, Wuci Township, Taichung, TWN
Turvo International Co Ltd is a Taiwan-based company engaged in the manufacturing and marketing of air tools, machine elements, hardware parts, wood lathes, and wood planers used on these products. The Company also processes, manufactures, and markets optical elements. Its main products are connectors and sensors, which are mostly applied in automotive, medical, industrial, and electronics industries. It has two reportable segments as follows: The Taiwan segment produces, manufactures, and trades precision metal processing, including automobile, industrial application, and household application, etc. China segment produces, manufactures, and trades precision metal processing, including computer, medical equipment, optical, and precision metal hardware, etc.
76GF Score

Get the complete analysis for TPE:2233

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

NT$214.00
Price
NT$159.16
GF Value