Iron Force Industrial Co (TPE:2228) Revenue: NT$4,899 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:2228 Iron Force Industrial Co Ltd TPE:2228
89 GF Score
Price NT$76.90
GF Value NT$93.33
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Iron Force Industrial Co Revenue?

Iron Force Industrial Co TPE:2228 -1.03% 89 Revenue is NT$4,899 Mil as of Mar. 2026. GuruFocus rates TPE:2228 with a GF Score™ of 89/100 and a GF Value™ of NT$93.33 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Iron Force Industrial Co's revenue for the three months ended in Mar. 2026 was NT$1,227 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was NT$4,899 Mil. Iron Force Industrial Co's Revenue per Share for the three months ended in Mar. 2026 was NT$15.07. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was NT$59.78.

Warning Sign:

Iron Force Industrial Co Ltd revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Iron Force Industrial Co was -6.90% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was 8.20% per year. During the past 10 years, the average Revenue per Share Growth Rate was 1.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Iron Force Industrial Co's highest 3-Year average Revenue per Share Growth Rate was 43.30% per year. The lowest was -8.50% per year. And the median was 4.90% per year.


Iron Force Industrial Co  (TPE:2228) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Iron Force Industrial Co Revenue Related Terms


Iron Force Industrial Co Revenue Historical Data

* Premium members only.

The historical data trend for Iron Force Industrial Co's Revenue 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.

Iron Force Industrial Co Revenue Chart

Iron Force Industrial Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,678.58 4,373.79 4,894.26 5,041.49 4,954.07

Iron Force Industrial Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Revenue 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 1,282.09 1,233.91 1,249.30 1,188.77 1,226.90

TPE:2228 vs ORLY, AZO: Revenue Comparison

For the Auto Parts subindustry, Iron Force Industrial Co's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Iron Force Industrial Co Revenue vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Iron Force Industrial Co's Revenue distribution charts can be found below:

* The bar in red indicates where Iron Force Industrial Co's Revenue falls into.


TPE:2228
89GF Score
Iron Force Industrial Co Ltd TPE:2228
Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iron Force Industrial Co Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$4,899 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 Revenue →
What does a Revenue of NT$4,899 Mil mean?
Iron Force Industrial Co (TPE:2228) has a Revenue of NT$4,899 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on Iron Force Industrial Co and its competitors.
Is Iron Force Industrial Co's Revenue too high?
Iron Force Industrial Co's current Revenue is NT$4,899 Mil. Overall, Iron Force Industrial Co has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Iron Force Industrial Co's Revenue compare to ORLY and AZO?
Iron Force Industrial Co's Revenue of NT$4,899 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Revenue for a Vehicles & Parts company?
A good Revenue depends on the Vehicles & Parts industry context. However, Revenue 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 Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on Iron Force Industrial Co and its competitors. Iron Force Industrial Co's current Revenue is NT$4,899 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iron Force Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Iron Force Industrial Co (TPE:2228) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$93.33, compared to a current price of NT$76.90 — trading 17.6% below its estimated fair value. The current Revenue is NT$4,899 Mil. Iron Force Industrial Co's overall GF Score™ is 89/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue calculated?
Revenue is calculated from a company's financial statements. For Iron Force Industrial Co (TPE:2228), the current Revenue is NT$4,899 Mil as of Mar. 2026. 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 Iron Force Industrial Co (TPE:2228) Overvalued in 2026?

Based on GuruFocus' analysis, Iron Force Industrial Co stock appears to be undervalued. The current stock price of NT$76.90 is trading 17.6% below its estimated GF Value™ of NT$93.33. GuruFocus considers Iron Force Industrial Co to be Modestly Undervalued.

Key valuation signals for TPE:2228:

  • Revenue: NT$4,899 Mil
  • GF Value™: NT$93.33 vs. price of NT$76.90 (17.6% below fair value)
  • GF Score™: 89/100 with 2 warning signs

No single metric tells the full story. See the TPE:2228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Iron Force Industrial Co Business Description

Address Xintai 5th Road, Section 1, 19 Floor, No. 98, Xizhi District, New Taipei City, TWN, 221
Iron Force Industrial Co Ltd is a Taiwan-based company mainly engaged in manufacturing and trading airbag inflators for automotive safety systems, high-precision metal tubes for seatbelt retractor/pretensioner systems, and trading display fixtures and other metal parts. The majority of its revenue is generated from the manufacturing and sales of automotive safety components. Geographically, the company generates maximum revenue from Mainland China and the rest from Taiwan and Europe.
89GF Score

Get the complete analysis for TPE:2228

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

NT$76.90
Price
NT$93.33
GF Value