Taiwan Surface Mounting Technology (TPE:6278) Research & Development: NT$772 Mil (TTM As of Dec. 2025)


TPE:6278 Taiwan Surface Mounting Technology Corp TPE:6278
68 GF Score
Price NT$190.50
GF Value NT$109.81
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Taiwan Surface Mounting Technology Research & Development?

Taiwan Surface Mounting Technology TPE:6278 -7.07% 68 Research & Development is NT$772 Mil as of Dec. 2025. GuruFocus rates TPE:6278 with a GF Score™ of 68/100 and a GF Value™ of NT$109.81 (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. Taiwan Surface Mounting Technology's Research & Development for the three months ended in Dec. 2025 was NT$189 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$772 Mil.

Taiwan Surface Mounting Technology  (TPE:6278) 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.

Taiwan Surface Mounting Technology Research & Development Related Terms

Taiwan Surface Mounting Technology Research & Development Historical Data

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The historical data trend for Taiwan Surface Mounting Technology'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.

Taiwan Surface Mounting Technology Research & Development Chart

Taiwan Surface Mounting Technology 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 1,449.61 862.79 774.42 769.63 772.07

Taiwan Surface Mounting Technology 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 207.13 207.49 190.25 185.18 189.15
TPE:6278
68GF Score
Taiwan Surface Mounting Technology Corp TPE:6278
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Surface Mounting Technology 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$772 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$772 Mil mean?
Taiwan Surface Mounting Technology (TPE:6278) has a Research & Development of NT$772 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Taiwan Surface Mounting Technology and its competitors.
Is Taiwan Surface Mounting Technology's Research & Development too high?
Taiwan Surface Mounting Technology's current Research & Development is NT$772 Mil. Overall, Taiwan Surface Mounting Technology has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Surface Mounting Technology's Research & Development compare to NVDA and AVGO?
Taiwan Surface Mounting Technology's Research & Development of NT$772 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Research & Development depends on the Semiconductors 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 Taiwan Surface Mounting Technology and its competitors. Taiwan Surface Mounting Technology's current Research & Development is NT$772 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Surface Mounting Technology stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Surface Mounting Technology (TPE:6278) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$109.81, compared to a current price of NT$190.50 — trading 73.5% above its estimated fair value. The current Research & Development is NT$772 Mil. Taiwan Surface Mounting Technology's overall GF Score™ is 68/100 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 Taiwan Surface Mounting Technology (TPE:6278), the current Research & Development is NT$772 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 Taiwan Surface Mounting Technology (TPE:6278) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Surface Mounting Technology stock appears to be overvalued. The current stock price of NT$190.50 is trading 73.5% above its estimated GF Value™ of NT$109.81. GuruFocus considers Taiwan Surface Mounting Technology to be Significantly Overvalued.

Key valuation signals for TPE:6278:

  • Research & Development: NT$772 Mil
  • GF Value™: NT$109.81 vs. price of NT$190.50 (73.5% above fair value)
  • GF Score™: 68/100 with 1 warning sign

No single metric tells the full story. See the TPE:6278 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Taiwan Surface Mounting Technology Business Description

Address No. 437, Taoying Road, Dashuli, Taoyuan District, Taoyuan, TWN, 330
Taiwan Surface Mounting Technology Corp is engaged in the design, processing, manufacturing, and trading of TFT-LCD panels, general electronic information products, and PCB surface-mount packaging. Its Surface Mounting Technology is widely used for IT and electronic products. The products provided include Control boards for TFT-LCD panels (TV/Desk Top/ Note books), other electronic products, and light bars.
68GF Score

Get the complete analysis for TPE:6278

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

NT$190.50
Price
NT$109.81
GF Value