Tecom Co (TPE:2321) Research & Development: NT$72.2 Mil (TTM As of Dec. 2025)


TPE:2321 Tecom Co Ltd TPE:2321
61 GF Score
Price NT$13.90
GF Value NT$15.80
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Tecom Co Research & Development?

Tecom Co TPE:2321 61 Research & Development is NT$72.2 Mil as of Dec. 2025. GuruFocus rates TPE:2321 with a GF Score™ of 61/100 and a GF Value™ of NT$15.80 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Tecom Co's Research & Development for the three months ended in Dec. 2025 was NT$19.8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$72.2 Mil.

Tecom Co  (TPE:2321) 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.

Tecom Co Research & Development Related Terms

Tecom Co Research & Development Historical Data

* Premium members only.

The historical data trend for Tecom 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.

Tecom Co Research & Development Chart

Tecom 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 66.38 79.30 76.94 70.88 72.16

Tecom 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 18.76 17.62 18.51 16.19 19.84
TPE:2321
61GF Score
Tecom Co Ltd TPE:2321
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Tecom 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$72.2 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$72.2 Mil mean?
Tecom Co (TPE:2321) has a Research & Development of NT$72.2 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Tecom Co and its competitors.
Is Tecom Co's Research & Development too high?
Tecom Co's current Research & Development is NT$72.2 Mil. Overall, Tecom Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tecom Co's Research & Development compare to CSCO and CIEN?
Tecom Co's Research & Development of NT$72.2 Mil can be compared against companies in the Hardware 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 a Hardware company?
A good Research & Development depends on the Hardware 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 Tecom Co and its competitors. Tecom Co's current Research & Development is NT$72.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecom Co stock overvalued right now?
Based on GuruFocus' analysis, Tecom Co (TPE:2321) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$15.80, compared to a current price of NT$13.90 — trading 12% below its estimated fair value. The current Research & Development is NT$72.2 Mil. Tecom Co's overall GF Score™ is 61/100 with 3 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 Tecom Co (TPE:2321), the current Research & Development is NT$72.2 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 Tecom Co (TPE:2321) Overvalued in 2026?

Based on GuruFocus' analysis, Tecom Co stock appears to be undervalued. The current stock price of NT$13.90 is trading 12% below its estimated GF Value™ of NT$15.80. GuruFocus considers Tecom Co to be Modestly Undervalued.

Key valuation signals for TPE:2321:

  • Research & Development: NT$72.2 Mil
  • GF Value™: NT$15.80 vs. price of NT$13.90 (12% below fair value)
  • GF Score™: 61/100 with 3 warning signs

No single metric tells the full story. See the TPE:2321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tecom Co Business Description

Address No. 23, Research and Development 2nd Road, Science Park, Hsinchu City, TWN, 300
Tecom Co Ltd is a Taiwan-based telecommunications equipment maker. The company specializes in providing communication convergence solutions for enterprise, carrier, and consumer markets. Its product portfolio includes smartphone business systems, business phone systems, carriers, smart home systems, smart video doorbells, vibration diagnoses, and (internet protocol) IP phones. The Group mainly derives it's revenue from business communication systems, smart electromechanics, and fiber optic cables. The company integrates voice communication, network communication, wireless communication, optical communication and mobile communication services. It operates in USA, Taiwan and Other countries.
61GF Score

Get the complete analysis for TPE:2321

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

NT$13.90
Price
NT$15.80
GF Value