Español 
Deutsch 
Français 
MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
Taiwan High Speed Rail Corporation (2633.TW)
TWD25.95
+0.45 (+1.76%)
TW TAI Industrials Railroads
Address
No. 66, Jingmao 2nd Road 11568
Taipei, TW
Taipei, TW
CEO
Hui-Yui Chen
Website
thsrc.com.tw
IPO
2007-12-31
ISIN TW0002633005
Description
The Taiwan High Speed Rail Corporation (THSRC) is responsible for the operation and management of the nation's rapid transit rail system. Its extensive 345-kilometer network establishes crucial connections between major cities across the island, serving stations such as Taipei, Banqiao, Taoyuan, Hsinchu, Taichung, Chiayi, Tainan, and Kaohsiung. This entity was founded in 1998, with its principal offices located in Taipei, Taiwan.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary
Loading…
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
TWD25.95
+0.45 (+1.76%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
13M
Beta
0.06
Float Shares
2.32B
Free Float %
41.1%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -2.24% | -1.69% | -2.79% | -4.39% | -7.76% | -6.61% | -6.44% | -17.77% | -7.60% | +77.05% | +32.41% |
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From
To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
Loading histogram data…
Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
25.95
DCF (Unlevered)
153.56
+491.7%
DCF (Levered)
81.95
+215.8%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
| Rating | 2026-02 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 0 | 0 |
| Hold | 0 | -1 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
0.65
Distress
Piotroski F-Score
8 / 9
Strong
MOAT Score
6 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
-
Revenue growth Railroads: +4.4%+2.8% Q1'26: +3.9% (vs Q1'25)
-
EPS growth Railroads: +13.1%+1.7% Q1'26: +12.1% (vs Q1'25)
-
FCF margin FCF growth · Railroads: +40.4%+36.3% ★ Q1'26: +56.1% (vs Q1'25)
-
EBIT margin Railroads: +14.1%+39.3% ★ Q1'26: +43.2% (vs Q1'25)
-
ROIC Railroads: +5.9%+6.2% ★ Q1'26: +35.7% (vs Q1'25)
-
Share dilution Railroads: +0.4%+0.0% Q1'26: +0.0% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Railroads: 1.34×6.50× Q1'26: 0.38× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 1 Rev. Ana. |
Dec 2027 1 Rev. Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
43.44B
est: 43.17B (+0.6%)
|
45.42B
est: 45.42B (+0.0%)
|
47.51B
est: 47.83B (-0.7%)
|
39.14B
est: 39.85B (-1.8%)
|
30.23B
est: 31.42B (-3.8%)
|
37.13B
est: 36.96B (+0.5%)
|
49.81B
est: 49.31B (+1.0%)
|
53.19B
est: 52.74B (+0.9%)
|
54.65B
est: 53.84B (+1.5%)
|
54.66B
54.66B – 54.66B
+1.5% YoY
|
55.28B
55.28B – 55.28B
+1.1% YoY
|
| EBITDA |
27.84B
est: 28.15B (-1.1%)
|
27.71B
est: 29.61B (-6.4%)
|
28.23B
est: 31.18B (-9.5%)
|
25.51B
est: 25.98B (-1.8%)
|
24.28B
est: 20.49B (+18.5%)
|
24.13B
est: 24.10B (+0.1%)
|
30.23B
est: 32.15B (-6.0%)
|
29.15B
est: 34.32B (-15.1%)
|
35.30B
est: 35.04B (+0.7%)
|
35.57B
35.57B – 35.57B
+1.5% YoY
|
35.97B
35.97B – 35.97B
+1.1% YoY
|
| EBIT |
17.75B
est: 13.06B (+36.0%)
|
19.14B
est: 13.74B (+39.4%)
|
20.51B
est: 14.46B (+41.8%)
|
11.81B
est: 12.05B (-2.0%)
|
3.32B
est: 9.50B (-65.1%)
|
9.92B
est: 11.18B (-11.3%)
|
16.55B
est: 14.91B (+11.0%)
|
14.67B
est: 23.57B (-37.7%)
|
21.50B
est: 24.06B (-10.7%)
|
24.43B
24.43B – 24.43B
+1.5% YoY
|
24.71B
24.71B – 24.71B
+1.1% YoY
|
| Net Income |
5.34B
est: 5.68B (-6.1%)
|
10.70B
est: 10.69B (+0.0%)
|
8.01B
est: 8.27B (-3.2%)
|
5.84B
est: 4.95B (+18.0%)
|
3.61B
est: 4.19B (-13.8%)
|
3.77B
est: 4.05B (-7.0%)
|
7.82B
est: 6.59B (+18.8%)
|
6.45B
est: 7.43B (-13.2%)
|
6.58B
est: 7.49B (-12.1%)
|
—
— – —
-100.0% YoY
|
—
— – —
|
| SGA |
1.07B
est: 1.43B (-25.3%)
|
1.19B
est: 1.50B (-20.9%)
|
1.23B
est: 1.58B (-22.1%)
|
1.20B
est: 1.32B (-8.7%)
|
1.17B
est: 1.04B (+12.9%)
|
1.29B
est: 1.22B (+5.3%)
|
1.62B
est: 1.63B (-0.4%)
|
1.52B
est: 1.82B (-16.8%)
|
2.09B
est: 1.86B (+12.2%)
|
1.89B
1.89B – 1.89B
+1.5% YoY
|
1.91B
1.91B – 1.91B
+1.1% YoY
|
| EPS |
0.95
est: 1.01 (-5.9%)
|
1.90
est: 1.90 (+0.0%)
|
1.42
est: 1.47 (-3.4%)
|
1.04
est: 0.88 (+18.2%)
|
0.64
est: 0.74 (-14.0%)
|
0.67
est: 0.72 (-6.9%)
|
1.39
est: 1.17 (+18.8%)
|
1.15
est: 1.32 (-12.9%)
|
1.17
est: 1.33 (-12.0%)
|
—
— – —
-100.0% YoY
|
—
— – —
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-13 | A- | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-12 | A- | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-11 | A- | 4/5 | 5/5 | 3/5 | 3/5 | 3/5 | 3/5 | 3/5 |
| 2026-05-08 | B+ | 3/5 | 5/5 | 3/5 | 3/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-07 | B+ | 3/5 | 5/5 | 3/5 | 3/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-06 | B+ | 3/5 | 5/5 | 3/5 | 3/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-05 | B+ | 3/5 | 5/5 | 3/5 | 3/5 | 1/5 | 3/5 | 3/5 |
| 2026-05-04 | B+ | 3/5 | 5/5 | 3/5 | 3/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-30 | B+ | 3/5 | 5/5 | 3/5 | 3/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-29 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-28 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-27 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-24 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 3/5 | 3/5 |
| 2026-04-23 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-22 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-21 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-20 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-17 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 3/5 |
| 2026-04-16 | B+ | 3/5 | 5/5 | 3/5 | 4/5 | 1/5 | 2/5 | 3/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
17.89B
OE per share TTM
3.19
Owner's Yield
12.09%
Maintenance CapEx ratio
0.16%
Maint CapEx / Avg PPE
1.5%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
Held by 95 ETFs in our universe
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Desjardins RI Emerging Markets Multifactor - Net-Zero Emissions Pathway ETF DRFE.TO | 1.00% | 2.40M | 0.65% |
| 2 | Desjardins RI Global Multifactor - Fossil Fuel Reserves Free ETF DRFG.TO | 0.98% | 198.6K | 0.50% |
| 3 | FlexShares Emerging Markets Quality Low Volatility Index Fund QLVE | 0.51% | 85.9K | 0.19% |
| 4 | iShares Smart City Infrastructure UCITS ETF CITY.AS | 0.38% | 1.57M | 0.40% |
| 5 | iShares Smart City Infrastructure UCITS ETF CT2B.AS | 0.38% | 186.0K | 0.40% |
| 6 | Amundi MSCI Smart Mobility UCITS ETF Acc MOBI.L | 0.13% | 283.2K | 0.45% |
| 7 | iShares MSCI AC Far East ex-Japan Small Cap UCITS ETF ISFE.L | 0.11% | 77.1K | 0.74% |
| 8 | iShares MSCI Emerging Markets Small-Cap ETF EEMS | 0.09% | 334.4K | 0.72% |
| 9 | Franklin FTSE Taiwan ETF FLTW | 0.08% | 2.29M | 0.19% |
| 10 | Franklin FTSE Taiwan UCITS ETF FLXT.MI | 0.06% | 396.8K | 0.19% |
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
4.44M
Shares Outstanding
5.63B
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Allen Wang | Vice President of Finance Division | — | male |
| Barret Wang | Senior Vice President of Administration, Chief Secretariat of Board & Corporate Governance Officer | — | male |
| Calvin Yen | Senior Vice President of Business and Head of Travel, Business Development & Information Technology Division | — | male |
| Elaine Tsou | Vice President of Public Affairs Division | — | female |
| Griffin Huang | Assistant Vice President of Accounting Department of Finance Division | — | male |
| Hui-Yui Chen | President & Senior Vice President of Operations | — | male |
| Mandy Ko | Assistant Vice President of Legal Office | — | female |
| Rae-Fang Chung | Senior Vice President of Planning & Head of Corporate Planning Division | — | female |
| Sheng-Hsin Yu | Chief Engineer & AVP of Core Technology Development Department | — | male |
| Tim Fu | Vice President of Human Resources, Administration Division & Chief Auditor | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for 2633.TW
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
