Obermatt
See Similar Stocks →

TSRC

TAI:2103 · TW0002103009
ChemicalsSmall

360

36
Medium confidence — indicative
EV / EBIT25
Price / Owner Earnings3
Owner Earnings Yield49
Dividend Yield1
Price/Sales56
EV / Gross Profit37
Price/Book46
Return on Capital45
Cash Return on Capital48
Return on Equity53
EBIT Margin40
Gross Profitability40
Cash Conversion84
Accruals77
Owner Earnings Margin50
Sales growth63
Profit Growth73
Long-Term EPS Growth47
Owner Earnings Growth100
Reinvestment97
Price momentum54
Debt load32
Refinancing63
Debt Payback8
Liquidity55
Analyst ratings14
Expectations trend50
Market mood88
Value Creation8/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

TSRC clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryTaiwan
IndustryChemicals
SizeSmall
TypePublic Company
ExchangeTWSE
Founded1973
Employees136
Websitetsrc.com.tw
ISINTW0002103009
Last UpdateApr 2, 2026
Index & Theme
Disposal and RecyclingBio-based and Renewable MaterialsIndustrialManufacturingPlastics and Rubber Manufacturing

Description

TSRC Corporation is a leading synthetic rubber manufacturer, primarily engages in the production and sale of various types of rubber products. The company specializes in both synthetic rubber and non-synthetic rubber, catering to diverse industrial a…

Analysis

Middle-of-the-road

TSRC Corporation sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is expensive. The owner-earnings multiple stands at 113.9×; owner earnings: the cash an owner could take out each year.

Growth is moderate; the safety picture is adequate. The company scores 8/20 on our value-creation score: creating some value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
58
2023202420252026

All-time high

75

Jan 2023

All-time low

18

Jan 2024

Average rank

47

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
56
53
49
34
Price/Earnings
25
13
11
46
Price/Book
46
41
44
28
Dividend Yield
1
47
91
91
Value (overall)
14
37
51
45

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

Similar Stocks

The companies this stock is ranked against.

Compare TSRC with its peers
Kumho Petro Chemical
KSC:011780
97
CountrySouth Korea
IndustryChemicals
SizeSmall
Full Stock Analysis →
Kuraray
TYO:3405
64
CountryJapan
IndustryChemicals
SizeX-Large
Full Stock Analysis →
Kumyang
KSC:001570
9
CountrySouth Korea
IndustryChemicals
SizeSmall
Full Stock Analysis →
UNID
KSC:014830
89
CountrySouth Korea
IndustryChemicals
SizeSmall
Full Stock Analysis →
Formosa Chemicals & Fibre
TAI:1326
79
CountryTaiwan
IndustryChemicals
SizeLarge
Full Stock Analysis →
Grand Pacific Petrochemicaloration
TAI:1312
13
CountryTaiwan
IndustryChemicals
SizeSmall
Full Stock Analysis →

Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →