Turvo International Co., Ltd.

Turvo International Co., Ltd.

TTWSE:2233
144.50
TWD
-7.50
(-4.93%)
6.78EPS
31.24P/E
12.78BMarket Cap
Nov 05Next Earn
Turvo International Co., Ltd.
TWSE:2233
(Taiwan Stock Exchange)

Recent

price

144.50

P/E

ratio

31.24

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TWD
19.65
23.23
26.32
35.64
36.7
32.7
35.44
39.63
42.34
39.1
42.17
53.66
55.57
55.36
60.69
54.32
53.94
Revenue per Share
3.98
3.93
3.58
5.66
5.14
4.14
5.67
6.57
7.05
5.07
6.23
9.01
10.32
8.86
10.96
6.7
6.79
Basic EPS, GAAP
-1.23
-5.15
1.1
2.33
4.45
2.49
7.34
3.75
5.58
7.34
3.52
10.15
8.83
13.99
7.61
6.8
6.67
Free Cash Flow per Basic Share
- -
1.27
2.88
1.85
3.84
3.88
2.45
4.08
3.06
4
3.3
3.75
5.4
6
5.3
7
- -
Dividend per Share
12.67
20.22
20.56
25.06
36.11
36.34
37.77
39.97
43.35
43.4
46.52
51.69
56.96
59.27
67.13
65.7
68.65
Book Value per Share
12.66
20.03
20.37
24.85
36.01
36.21
37.66
39.87
43.26
43.32
46.42
51.59
56.82
59.1
66.93
65.36
68.26
Tangible Book Value per Share
43
48
52
51
54
60
60
60
60
60
60
60
60
60
60
60
60
Basic Weighted Avg Shares
850
1,108
1,371
1,800
1,972
1,972
2,137
2,389
2,550
2,354
2,538
3,233
3,350
3,337
3,659
3,275
3,255
Sales/Revenue/Turnover
26.39
20.4
18.32
19.62
19.04
15.05
21.69
24.59
20.73
13.48
15.98
20.05
16.31
15.95
18.87
12.71
11.96
Operating Margin (%)
48
48
70
86
127
148
143
159
202
254
264
290
320
318
311
329
341
Depreciation Expense
172
188
187
286
276
250
342
396
424
305
375
543
622
534
661
404
410
Net Income, GAAP
17.42
23.01
23.09
25.17
28.33
24.05
28.59
30.23
33.18
19.33
16.41
18.68
20.81
7.23
16.38
18.98
16.71
Effective Tax Rate (%)
20.25
16.93
13.61
15.88
14.02
12.67
15.99
16.58
16.64
12.97
14.78
16.79
18.58
16
18.07
12.33
12.58
Profit Margin (%)
353
467
509
429
1,189
1,152
1,080
996
1,218
1,204
1,372
1,711
1,836
1,959
1,596
1,200
3,198
Working Capital
8
5
74
43
39
36
- -
- -
- -
167
173
402
442
551
546
444
1,683
LT Debt
660
1,054
1,071
1,306
2,193
2,192
2,278
2,411
2,675
2,671
2,839
3,138
3,448
3,584
4,055
3,965
4,154
Total Equity
30.76
18.1
15.53
18.46
13.82
9.56
12.96
14.9
12.07
8.24
9.9
13.43
10
11.16
11.74
5.96
5.67
Return on Invested Capital (%)
29.4
18.81
15.55
20.67
14.91
10.81
13.75
14.86
15.52
10.6
11.88
14.67
15.29
12.63
13.98
7.7
7.66
Return on Capital (%)
37.38
21.89
17.57
24.06
15.87
11.43
15.29
16.9
16.91
11.7
13.86
18.35
19
15.24
17.35
10.08
10.61
Return on Common Equity (%)

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,463
421
434
LT Borrowings
339
1,536
1,514
LT Finance Leases
105
159
169
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
60
60
60
Market Capitalization
13,203
13,083
12,781

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,293
4,205
4,603
Cash, Cash Equivalents & STI
1,521
2,413
2,590
Accounts Receivable, Net
808
844
974
Inventories
841
814
910
Total Current Liabilities
2,093
1,256
1,405
Payables & Accruals
- -
- -
- -
ST Debt
1,463
421
434
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.21%
7.05%
-2.22%
Free Cash Flow
35.23%
35.58%
-10.63%
Net Income, GAAP
8.47%
6.01%
-38.92%
Sales/Revenue/Turnover
5.68%
5.95%
-10.49%
Total Cash Common Dividend
10.72%
17.88%
32.08%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
865
940
964
890
3,659
2025
879
837
794
766
3,275
2026
813
882
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.48
3.01
3.11
2.36
10.96
2025
2.02
1.28
1.71
1.68
6.7
2026
1.59
1.81
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5.3
2025
- -
- -
- -
- -
7
2026
- -
- -
- -
- -
- -
Business
TURVO International Co., Ltd. (2233.TW) engages in the development, production, and sale of precision metal parts and components using advanced CNC lathes, milling machines, turning and milling machines, multi-spindle machines, and workstations sourced from Germany and Switzerland. Its core products include components for automotive engine systems, steering systems, transmission systems, safety systems, and chassis systems; connectors and sensors for industrial communication applications; parts for temperature control equipment and industrial automation; medical equipment components; and high-end bicycle components; with process capabilities encompassing turning, milling, drilling, grinding, precision gearing, forging, die-casting, injection molding, stamping, heat treatment, surface treatment, and assembly. The company serves industries such as automotive, medical, electronics, industrial automation, and bicycles, targeting original equipment manufacturers globally, and operates manufacturing facilities in Taiwan, China (Dongguan Xin-Feng), and Thailand, with sales extending to China, Germany, Turkey, Mexico, India, Hungary, Poland, Japan, the United States, and other international markets. Founded in 1987 and headquartered at No. 59, Jing 2nd Road, Wuqi District, Taichung City, Taiwan, TURVO maintains certifications including ISO 9001, IATF 16949, ISO 13485, ISO 45001, and ISO 14001, and employs approximately 1,200 people. In recent developments, the company has expanded production capacity through new factory construction and operations, pursued growth in its TUF ONE planetary reducer business alongside precision metal parts, increased investments in research and development for new products and customized solutions, and introduced automation in production and inspection to enhance efficiency and profitability.