Good Will Instrument Co (2423.TW) Stock Price

Good Will Instrument Co Price

CLOSED
70.80
​
Market closed

Over the last 19 years Good Will Instrument Co grew revenue by 3.3% annually, reaching 2.94 B TWD. Earnings per share have grown at 3.7% per year over the last 19 years. For Good Will Instrument Co, the net margin of 14.4% is up versus 11.1% a few years ago. At today's price the dividend yield works out to roughly 2.82%. The payout ratio is around 69% of earnings. The dividend has grown at 4.0% per year over the past 19 years.

Good Will Instrument Co stock price

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Good Will Instrument Co business model & stock analysis

The company Good Will Instrument Co Ltd is a Taiwanese company engaged in the production of electronic measuring instruments. The company was founded in 1975 by a team of engineering experts and has since become one of the leading providers of high-level measurement and testing technology. The history of Good Will Instrument Co Ltd is characterized by a constant expansion of the range of innovative products and technologies. From the beginning, the company has stood for the highest quality and reliability in measurement and testing technology. In recent years, the company has also been involved in the development of IoT solutions (Internet of Things) to provide future-oriented technology. Good Will Instrument Co Ltd operates a customer-oriented business model that focuses on the production of high-quality measurement technology for a variety of applications. The company benefits from high production capacity, high-quality materials, and state-of-the-art technologies. The products can be used in areas such as electronics, telecommunications, automotive, aerospace, and renewable energies. The different divisions of Good Will Instrument Co Ltd include electrical measuring instruments, electronic measuring instruments, industrial measuring instruments, and IoT solutions. For example, the electrical measuring instruments division includes oscilloscopes, multimeters, and voltage testers. The electronic measuring instruments division includes frequency generators, function generators, and digital current clamps. The industrial measuring instruments division includes range scanners and industrial data loggers. In addition, the company offers advanced IoT solutions such as remote control, remote monitoring, hardware and application integration, and cloud integration. In recent years, Good Will Instrument Co Ltd has also introduced a wide range of innovative products to the market. These include AC/DC power supplies and digital power analyzers. The company's products have been successful not only in the international market but also in research institutions and industries. In recent years, Good Will Instrument Co Ltd has gained importance by offering software-based solutions to its customers. These include system software, including the unprecedented SkopX scanning system, which has revolutionized the user-friendliness of oscilloscopes. The SkopX system allows the creation of test solutions based on test platforms such as Matlab, Labview, and Python. With these solutions, specialized measurement techniques can be quickly and easily implemented on a variety of platforms. In conclusion, Good Will Instrument Co Ltd is a company that can look back on a successful history. With a high level of technological expertise and innovation, the company has always been a pioneer in the development of solutions in digital measurement technology. The company has developed into one of the leading providers of measurement technology solutions that guarantee the highest precision and best quality.

Frequently asked questions about Good Will Instrument Co

The business model of Good Will Instrument Co Ltd revolves around designing, manufacturing, and selling electronic test and measurement instruments. With a focus on precision, accuracy, and reliability, Good Will Instrument Co Ltd provides a wide range of products, including oscilloscopes, power supplies, function generators, multimeters, and signal generators. By constantly innovating and meeting the evolving needs of their customers, Good Will Instrument Co Ltd has built a strong reputation in the industry. The company's commitment to delivering quality products and excellent customer service has contributed to its success in the competitive market.

Good Will Instrument Co Ltd is primarily active in the electrical and electronic equipment industry.

Some of the main competitors of Good Will Instrument Co Ltd in the market include Tektronix, Fluke Corporation, Keysight Technologies, and Rohde & Schwarz.

Good Will Instrument Co Ltd, founded in 1975, is a renowned company specializing in electronic testing and measurement equipment. With over 45 years of experience, Good Will Instrument has established itself as a leading global provider of high-quality instruments for various industries. The company's commitment to innovation and customer-centricity has enabled it to develop a diverse range of products, including oscilloscopes, function generators, digital multimeters, and power supplies. Good Will Instrument Co Ltd has built a strong reputation for delivering reliable and accurate instruments, earning the trust of professionals worldwide. With its rich history and dedication to excellence, Good Will Instrument continues to drive technological advancements in the field of measurement and testing.

Good Will Instrument Co Ltd has achieved several significant milestones since its inception. The company has gained recognition for its commitment to innovation and quality in the field of electronic measurement instruments. Good Will Instrument Co Ltd has successfully launched a wide range of cutting-edge products that have found favor in various industries. Additionally, the company has expanded its global footprint by establishing a strong presence in international markets. With continuous advancements in research and development, Good Will Instrument Co Ltd has consistently delivered state-of-the-art solutions, solidifying its position as a leading player in the industry.

Good Will Instrument Co Ltd is primarily present in several countries and regions. The company has a strong presence in Taiwan, where its headquarters are located. It also has a significant presence in China, with multiple offices and manufacturing facilities in various cities. Additionally, Good Will Instrument Co Ltd has a global reach, exporting its products to many countries around the world. With a reputation for quality and innovation, Good Will Instrument Co Ltd has gained recognition and market share in the international market.

Good Will Instrument Co Ltd represents a set of core values and a corporate philosophy that make it a reputable company in the stock market. With a strong focus on customer satisfaction, Good Will Instrument Co Ltd is committed to delivering high-quality products and services. The company values innovation and strives to meet the evolving needs of its customers. Good Will Instrument Co Ltd also places importance on integrity, transparency, and ethical business practices. By being loyal to its investors and maintaining consistent growth, Good Will Instrument Co Ltd has established itself as a trusted and reliable stock option in today's market.

7 analysts currently rate the Good Will Instrument Co stock: 6 recommend buying, 1 holding and 0 selling. For 2026, analysts expect Good Will Instrument Co to generate revenue of 3.18 B TWD and earnings per share of 2.54 TWD.

Converted at the current exchange rate, the Good Will Instrument Co share trades at 1.98 EUR (70.80 TWD).

Good Will Instrument Co Ltd is a leading provider of testing and measurement equipment for various applications. The company was established in 1975 and is headquartered in Taiwan. It employs over 350 employees and has branches worldwide, including Europe, North America, and Asia. The company's business areas include electronics, energy, transportation, industry, telecommunications, medical devices, and research. In the electronics field, the company offers a wide range of oscilloscopes, digital multimeters, power supplies, signal generators, frequency counters, and spectrum analyzers. These products are used by electronic experts and engineers in various industries. The products are of high quality and technologically advanced. In the energy sector, the company provides products that can be used for monitoring and protecting electrical systems and power distribution networks. This includes protective relays, power meters, energy meters, and monitoring relays. These products help energy supply companies and other businesses improve the control and efficiency of their power supply systems. In the transportation industry, the company offers measurement tools that can be used in the development and testing of vehicle systems. This includes oscilloscopes, signal generators, and data loggers. These products help engineers analyze and improve the performance of vehicles in various areas, including fuel efficiency, power, reliability, and emissions. Good Will Instrument Co Ltd's products in the industrial sector are used for monitoring and controlling machinery and equipment in various industries. This includes measurement tools such as thermometers, sound level meters, gas detectors, moisture meters, and air quality meters. These products help monitor and improve the operating conditions of machines in various industrial sectors. In the telecommunications sector, the company offers measurement tools that can be used in telecommunications and network technology. This includes spectrum analyzers, oscilloscopes, signal generators, and network analyzers. These products help in the development and maintenance of telecommunications and network devices. Good Will Instrument Co Ltd's medical devices are used by medical professionals for monitoring and analyzing patients' vital functions. This includes EKG devices, blood pressure monitors, oxygen meters, and temperature meters. These products are designed for use in various medical settings to enhance the quality and precision of patient monitoring. The company also operates a research and development department to continuously expand and improve its product lines. It has received numerous awards for technological innovations and quality products. Good Will Instrument Co Ltd is committed to providing its customers with high-quality products and excellent customer service.

The expected revenue of Good Will Instrument Co is 3.18 B TWD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Good Will Instrument Co is 369.88 M TWD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Good Will Instrument Co is currently 27.88. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Good Will Instrument Co stock.

The price-to-sales ratio (P/S) of Good Will Instrument Co is currently 3.25. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Good Will Instrument Co stock.

The Eulerpool Quality Score for Good Will Instrument Co is 4/10.

The ISIN of Good Will Instrument Co is TW0002423001. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Good Will Instrument Co is 2423.TW. The ticker symbol is used to trade Good Will Instrument Co shares on the stock exchange.

Fair ValueTerminal
65.84 TWD
Over-/UndervaluationTerminal
Fairly valued
Industry
Electronic Equipment, Instruments & Components
Number of shares
Employees
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Website gwinstek.com
Country
Taiwan
Currency
TWD
Initial public offering
Sep 11, 2000
ISIN
TW0002423001
Cusip
Y2808E102
Sedol
6148885
Market capitalization
10.27 B TWDLarge Cap
52-Week Range
PEG
—
P/E ratio
P/Ee 2026
27.76
P/Ee 2027
25.56
P/S
P/Se
3.25
EV/EBIT
18.34
P/B Ratio
3.47
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
14.04 %
Dividend
Dividend yield
2.82 %
Est. Dividend Yield
3.53 %
Payout Ratio
68.68 %
Dividend growth Ø5Y
10.76 %
Dividend payments per year
1
Dividend paid since
26 years
Dividend not reduced since
0 years
Dividend increased since
0 years
Dividend withholding tax
21.00 %
Last updated Oct 10, 2026, 7:16 PM

Good Will Instrument Co Peer Group

Good Will Instrument Co FIGI

2423:TT (Taiwan Stock Exchange) · BBG000D1BSH0