TSRC (TPE:2103) Shareholder Yield % : 2.23% (As of Mar. 2026) — Near Median

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TPE:2103 TSRC Corp TPE:2103
65 GF Score
Price NT$20.65
GF Value NT$24.41
Valuation Modestly Undervalued
! 11 Warning Signs
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What is TSRC Shareholder Yield %?

TSRC TPE:2103 -2.59% 65 Shareholder Yield % is 2.23% as of Mar. 2026, which is 4% above its 10-year median of 2.14. GuruFocus rates TPE:2103 with a GF Score™ of 65/100 and a GF Value™ of NT$24.41 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 1,565 Chemicals companies, TSRC ranks better than 62.94% on this metric.

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, TSRC's Shareholder Yield % was 2.23%.


TSRC  (TPE:2103) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


TSRC Shareholder Yield % Related Terms


TSRC Shareholder Yield % Historical Data

* Premium members only.

The historical data trend for TSRC's Shareholder Yield % 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.

TSRC Shareholder Yield % Chart

TSRC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shareholder Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.54 8.48 -2.57 -12.84 0.52

TSRC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shareholder Yield % 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 -13.61 -8.09 -2.19 0.52 4.58

TPE:2103 vs LIN, SHW, ECL: Shareholder Yield % Comparison

For the Specialty Chemicals subindustry, TSRC's Shareholder Yield %, along with its competitors' market caps and Shareholder Yield % 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.


TSRC Shareholder Yield % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, TSRC's Shareholder Yield % distribution charts can be found below:

* The bar in red indicates where TSRC's Shareholder Yield % falls into.


TPE:2103
65GF Score
TSRC Corp TPE:2103
Shareholder Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
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TSRC Shareholder Yield % Calculation

TSRC's Shareholder Yield % for the quarter that ended in Mar. 2026 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=3.28 %+0.00 %+1.3 %
=4.58 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.

Frequently Asked Questions Learn more about Shareholder Yield % →
What does a Shareholder Yield % of 2.23% mean?
TSRC (TPE:2103) has a Shareholder Yield % of 2.23% as of Mar. 2026. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on TSRC and its competitors. This is near median its historical median of 2.14. According to the industry distribution chart, TSRC ranks #580 out of 1565 companies in the Chemicals industry, placing it in the top 37.1%.
Is TSRC's Shareholder Yield % too high?
TSRC's current Shareholder Yield % of 2.23% is near median its 10-year median of 2.14. The Chemicals industry median Shareholder Yield % is 0.75. TSRC's value of 2.23% is 197.3% above this industry median. Based on the distribution chart, TSRC ranks #580 out of 1565 companies in the Chemicals industry, which is above the industry midpoint. Overall, TSRC has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TSRC's Shareholder Yield % compare to LIN and SHW?
According to the Chemicals industry distribution chart, TSRC ranks #580 out of 1565 companies for Shareholder Yield %. This puts TSRC in the upper half of its industry. The industry median Shareholder Yield % is 0.75. TSRC's value of 2.23% is 197.3% above this benchmark. While the company's 10-year median is 2.14 vs. the industry median of 0.75, TSRC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shareholder Yield % for a Chemicals company?
The median Shareholder Yield % among Chemicals companies is 0.75, based on 1,565 companies in the industry. Companies in the top quartile (top 25%) have a Shareholder Yield % significantly above this median, while those in the bottom quartile fall well below. However, Shareholder Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TSRC's current Shareholder Yield % of 2.23% is 197.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shareholder Yield % mean?
A high Shareholder Yield % can signal that a stock is expensive relative to its fundamentals. Shareholder Yield is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. View historical data on TSRC and its competitors. For the Chemicals industry, the median Shareholder Yield % is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSRC's current Shareholder Yield % is 2.23%, which is near median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSRC stock overvalued right now?
Based on GuruFocus' analysis, TSRC (TPE:2103) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$24.41, compared to a current price of NT$20.65 — trading 15.4% below its estimated fair value. The current Shareholder Yield % is 2.23%, which is near median its 10-year median of 2.14 and 197.3% above the Chemicals industry median of 0.75. TSRC's overall GF Score™ is 65/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shareholder Yield % calculated?
Shareholder Yield % is calculated from a company's financial statements. For TSRC (TPE:2103), the current Shareholder Yield % is 2.23% 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 TSRC (TPE:2103) Overvalued in 2026?

Based on GuruFocus' analysis, TSRC stock appears to be undervalued. The current stock price of NT$20.65 is trading 15.4% below its estimated GF Value™ of NT$24.41. GuruFocus considers TSRC to be Modestly Undervalued.

Key valuation signals for TPE:2103:

  • Shareholder Yield %: 2.23% (near median its 10-year median of 2.14)
  • GF Value™: NT$24.41 vs. price of NT$20.65 (15.4% below fair value)
  • GF Score™: 65/100 with 11 warning signs
  • Industry Position: 197.3% above the Chemicals median (#580 of 1565)

No single metric tells the full story. See the TPE:2103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


TSRC Business Description

Address No. 2, Singgong Road, Dashe District, Kaohsiung, TWN
TSRC Corporation is a rubber manufacturer based out of Taiwan. The company offers tire products globally, with Asian markets accounting for the majority of the company's sales. Product offerings are divided into the Synthetic Rubber business and Applied polymer business. Under the Synthetic Rubber business, tires are built to improve abrasion resistance and provide low rolling resistance and wet grip resistance. Consumers of TSRC Corp tire products depend on products to deliver reduced fuel consumption and meet a host of regulations and environmental conditions. Products under the Applied Polymers business are often used in high-grade shoe soles, asphalt modification, plastic modification, adhesives, and other end markets. Its geographical segments are Asia, America, Europe, and Others.
65GF Score

Get the complete analysis for TPE:2103

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

NT$20.65
Price
NT$24.41
GF Value