Globe Union Industrial (TPE:9934) Research & Development: NT$164 Mil (TTM As of Dec. 2025)


TPE:9934 Globe Union Industrial Corp TPE:9934
75 GF Score
Price NT$10.20
GF Value NT$11.70
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Globe Union Industrial Research & Development?

Globe Union Industrial TPE:9934 +2.20% 75 Research & Development is NT$164 Mil as of Dec. 2025. GuruFocus rates TPE:9934 with a GF Score™ of 75/100 and a GF Value™ of NT$11.70 (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. Globe Union Industrial's Research & Development for the three months ended in Dec. 2025 was NT$40 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was NT$164 Mil.

Globe Union Industrial  (TPE:9934) 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.

Globe Union Industrial Research & Development Related Terms

Globe Union Industrial Research & Development Historical Data

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The historical data trend for Globe Union Industrial'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.

Globe Union Industrial Research & Development Chart

Globe Union Industrial 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 245.77 221.39 178.14 166.09 163.79

Globe Union Industrial 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 42.96 42.70 40.12 41.37 39.60
TPE:9934
75GF Score
Globe Union Industrial Corp TPE:9934
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Globe Union Industrial 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$164 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$164 Mil mean?
Globe Union Industrial (TPE:9934) has a Research & Development of NT$164 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Globe Union Industrial and its competitors.
Is Globe Union Industrial's Research & Development too high?
Globe Union Industrial's current Research & Development is NT$164 Mil. Overall, Globe Union Industrial has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Globe Union Industrial's Research & Development compare to TT and JCI?
Globe Union Industrial's Research & Development of NT$164 Mil can be compared against companies in the Construction 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 Construction company?
A good Research & Development depends on the Construction 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 Globe Union Industrial and its competitors. Globe Union Industrial's current Research & Development is NT$164 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Union Industrial stock overvalued right now?
Based on GuruFocus' analysis, Globe Union Industrial (TPE:9934) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$11.70, compared to a current price of NT$10.20 — trading 12.8% below its estimated fair value. The current Research & Development is NT$164 Mil. Globe Union Industrial's overall GF Score™ is 75/100 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 Globe Union Industrial (TPE:9934), the current Research & Development is NT$164 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 Globe Union Industrial (TPE:9934) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Union Industrial stock appears to be undervalued. The current stock price of NT$10.20 is trading 12.8% below its estimated GF Value™ of NT$11.70. GuruFocus considers Globe Union Industrial to be Modestly Undervalued.

Key valuation signals for TPE:9934:

  • Research & Development: NT$164 Mil
  • GF Value™: NT$11.70 vs. price of NT$10.20 (12.8% below fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the TPE:9934 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Globe Union Industrial Business Description

Address No.22, Chien-Kuo Road, Tanzi District, Taichung, TWN
Globe Union Industrial Corp specializes in the manufacturing and sale of plumbing products. The main products of the company are faucets, showerheads, and vitreous china. It has two segments: Segment A: In charge of selling faucets and other plumbing products and providing related services. Segment B: In charge of manufacturing faucets and other plumbing products. The company operates through geographic segments which consist of Britain, Mainland China, United States, and Canada, and the majority of revenue comes from the United States segment.
75GF Score

Get the complete analysis for TPE:9934

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

NT$10.20
Price
NT$11.70
GF Value