Turvo International Co (TPE:2233) Tax Rate %: 14.85% (As of Mar. 2026)

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TPE:2233 Turvo International Co Ltd TPE:2233
74 GF Score
Price NT$193.50
GF Value NT$146.30
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Turvo International Co Tax Rate %?

Turvo International Co TPE:2233 +1.57% 74 Tax Rate % is 14.85% as of Mar. 2026. GuruFocus rates TPE:2233 with a GF Score™ of 74/100 and a GF Value™ of NT$146.30 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Turvo International Co's Tax Expense for the three months ended in Mar. 2026 was NT$19 Mil. Turvo International Co's Pre-Tax Income for the three months ended in Mar. 2026 was NT$126 Mil. Therefore, Turvo International Co's Tax Rate % for the quarter that ended in Mar. 2026 was 14.85%.

Turvo International Co Tax Rate % Related Terms

Turvo International Co Tax Rate % Historical Data

* Premium members only.

The historical data trend for Turvo International Co's Tax Rate % 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.

Turvo International Co Tax Rate % Chart

Turvo International Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.68 20.81 7.23 16.38 18.98

Turvo International Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 12.34 22.54 16.11 25.77 14.85
TPE:2233
74GF Score
Turvo International Co Ltd TPE:2233
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Turvo International Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Turvo International Co's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=93.719/493.661
=18.98 %

Turvo International Co's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=18.75/126.258
=14.85 %

* 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 Tax Rate % →
What does a Tax Rate % of 14.85% mean?
Turvo International Co (TPE:2233) has a Tax Rate % of 14.85% as of Mar. 2026.
Is Turvo International Co's Tax Rate % too high?
Turvo International Co's current Tax Rate % is 14.85%. Overall, Turvo International Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Turvo International Co's Tax Rate % compare to GEV and ETN?
Turvo International Co's Tax Rate % of 14.85% can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for an Industrial Products company?
A good Tax Rate % depends on the Industrial Products industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Turvo International Co's current Tax Rate % is 14.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turvo International Co stock overvalued right now?
Based on GuruFocus' analysis, Turvo International Co (TPE:2233) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$146.30, compared to a current price of NT$193.50 — trading 32.3% above its estimated fair value. The current Tax Rate % is 14.85%. Turvo International Co's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Turvo International Co (TPE:2233), the current Tax Rate % is 14.85% 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 Turvo International Co (TPE:2233) Overvalued in 2026?

Based on GuruFocus' analysis, Turvo International Co stock appears to be overvalued. The current stock price of NT$193.50 is trading 32.3% above its estimated GF Value™ of NT$146.30. GuruFocus considers Turvo International Co to be Significantly Overvalued.

Key valuation signals for TPE:2233:

  • Tax Rate %: 14.85%
  • GF Value™: NT$146.30 vs. price of NT$193.50 (32.3% above fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the TPE:2233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Turvo International Co Business Description

Address No. 27, Jing 2 Road, Taichung Harbor Export Processing Zone, Wuci Township, Taichung, TWN
Turvo International Co Ltd is a Taiwan-based company engaged in the manufacturing and marketing of air tools, machine elements, hardware parts, wood lathes, and wood planers used on these products. The Company also processes, manufactures, and markets optical elements. Its main products are connectors and sensors, which are mostly applied in automotive, medical, industrial, and electronics industries. It has two reportable segments as follows: The Taiwan segment produces, manufactures, and trades precision metal processing, including automobile, industrial application, and household application, etc. China segment produces, manufactures, and trades precision metal processing, including computer, medical equipment, optical, and precision metal hardware, etc.
74GF Score

Get the complete analysis for TPE:2233

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

NT$193.50
Price
NT$146.30
GF Value