Spec Products Corp
TTPEX:771845.80
TWD
+0.25
(+0.55%)
Spec Products Corp
TPEX:7718
(Taipei Exchange)
Recent
price
45.80
P/E
ratio
8.41
div
yld
- -
ROIC.AI
Capital Structure
TWD
•
in mil. unless spec.Working Capital
TWD
•
in mil. unless spec.Growth Rates
TWD
•
in mil. unless spec.Quarterly Revenue
TWD
•
in mil. unless spec.Quarterly Earnings Per Share
TWD
•
in mil. unless spec.Quarterly Dividends Per Share
TWD
•
in mil. unless spec.- Similar Companies
- Business
- SPEC Products Corp. SPEC Products Corp. (7718.TWO) manufactures and supplies integrated industrial parts and fasteners for automotive, industrial, and general applications. The company produces a wide range of core products including screws, bolts, nuts, SEMS screws, stamping parts, CNC machined components, washers, pins, rivets, metal fasteners, cold/hot forged parts, turned parts, plastic injection molded products, and assemblies made to customer prints, samples, or specifications; it also offers patented items such as Nordic Bolt & Nut (wedge locking fasteners), Spec Locking Washer, and aluminum heat treatment processes. SPEC provides value-added services like manufacturing recommendations for cost savings and easier assembly, vendor managed inventory (VMI), customized logistics, and one-stop shopping for diverse industry needs through its own factories and sub-contracted partners. Founded in 2001 and headquartered in Tainan City, Taiwan, with facilities including the Dongmen Office, Rende Plant, Sinji Plant, and an affiliate BCR Inc. in Taiwan plus Suzhou Youlian Trading Co. Ltd. in China, SPEC holds certifications including IATF 16949, ISO 9001, ISO 14001 for factories, and A2LA for its lab. The company exports over 20,000 customized items annually to markets in the USA, Europe, Japan, and China, serving renowned end customers across automotive and industrial sectors with a focus on flexibility, quick response, quality, delivery, and global cost competitiveness. In recent developments, SPEC maintains steady operations with trailing twelve-month revenue of 2.41 billion TWD and net income of 248.52 million TWD as of early 2025, alongside a low PE ratio of 9.06 indicating undervaluation; the company sustains a strong balance sheet with more cash than debt and continues significant dividend payments to shareholders. It reports positive financial metrics including a 12.75% return on assets annually and growth in gross profit and EBITDA over recent years, with no major acquisitions, partnerships, or strategic shifts announced in 2024 or 2025. SPEC emphasizes ongoing production expertise and supply chain relationships to deliver high-quality products at competitive prices amid stable market conditions.