Test Research (TPE:3030) Research & Development: NT$640 Mil (TTM As of Dec. 2025)


TPE:3030 Test Research Inc TPE:3030
92 GF Score
Price NT$315.00
GF Value NT$175.88
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Test Research Research & Development?

Test Research TPE:3030 -4.55% 92 Research & Development is NT$640 Mil as of Dec. 2025. GuruFocus rates TPE:3030 with a GF Score™ of 92/100 and a GF Value™ of NT$175.88 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Test Research's Research & Development for the three months ended in Dec. 2025 was NT$186 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$640 Mil.

Test Research  (TPE:3030) 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.

Test Research Research & Development Related Terms

Test Research Research & Development Historical Data

* Premium members only.

The historical data trend for Test Research'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.

Test Research Research & Development Chart

Test Research 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 497.04 534.90 428.17 573.00 640.19

Test Research 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 140.36 141.57 141.11 171.22 186.29
TPE:3030
92GF Score
Test Research Inc TPE:3030
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Test Research 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$640 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$640 Mil mean?
Test Research (TPE:3030) has a Research & Development of NT$640 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Test Research and its competitors.
Is Test Research's Research & Development too high?
Test Research's current Research & Development is NT$640 Mil. Overall, Test Research has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Test Research's Research & Development compare to COHR and KEYS?
Test Research's Research & Development of NT$640 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 Test Research and its competitors. Test Research's current Research & Development is NT$640 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Test Research stock overvalued right now?
Based on GuruFocus' analysis, Test Research (TPE:3030) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$175.88, compared to a current price of NT$315.00 — trading 79.1% above its estimated fair value. The current Research & Development is NT$640 Mil. Test Research's overall GF Score™ is 92/100 with 1 warning sign 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 Test Research (TPE:3030), the current Research & Development is NT$640 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 Test Research (TPE:3030) Overvalued in 2026?

Based on GuruFocus' analysis, Test Research stock appears to be overvalued. The current stock price of NT$315.00 is trading 79.1% above its estimated GF Value™ of NT$175.88. GuruFocus considers Test Research to be Significantly Overvalued.

Key valuation signals for TPE:3030:

  • Research & Development: NT$640 Mil
  • GF Value™: NT$175.88 vs. price of NT$315.00 (79.1% above fair value)
  • GF Score™: 92/100 with 1 warning sign

No single metric tells the full story. See the TPE:3030 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Test Research Business Description

Address No. 45, Dexing W. Road, 7th Floor, Shilin District, Taipei, TWN, 11158
Test Research Inc designs testing equipment for industrial applications. The firm focuses on designing, assembling, manufacturing, selling, repairing, and maintaining automated inspection and testing equipment. The firm receives a majority of its revenue from Asia and the rest from America, Europe, and other regions.
92GF Score

Get the complete analysis for TPE:3030

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

NT$315.00
Price
NT$175.88
GF Value