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← CockpitCompetitor Analysis › 2332.TW D-Link CorporationOpen in the cockpit ↗

D-Link Corporation2332.TWCompetitor analysis, valuation and peers

Taiwan · TWD·Information Technology›Computer Peripherals
Momentum neutral 43
Mkt cap
$297M
US dollars, full cap
Free float
94%
of shares outstanding
$/day
$4.84M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-5.9 pp
WACC 5.0%
Hurdle
n/a
no reverse DCF
Next earnings
12 days
18 Nov 2026
Close · TWDNT$16.30
1D-4.7%
1W-16.0%
1M-19.1%
3M-31.7%
6M+15.2%
YTD+8.3%
1Y-4.4%
ATR %5.8%
52w lowhigh38.4% off high

What D-Link does

Employees: 380

D-Link at a glance

Size D-Link (2332.TW) is a Taiwan Information Technology company (Computer Peripherals) with a market value of $297M, the 656th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$16.30 on 6 Nov 2026.

Performance Over six months the shares gained 15.2%, against -21.2% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 3rd highest of 21 in its peer set.

Growth Revenue grew 3.0% over the last twelve months (peer median +5.2%); the operating margin is -0.8% (peer median 5.7%).

Valuation It trades at 0.7× enterprise value to sales against a peer median of 1.7× (4th cheapest of 21).

Capital Return on invested capital runs 5.9 points below its cost of capital (5.0% WACC).

Next results Next results expected around 18 Nov 2026 (exchange calendar; dates can move).

Relative performance

10015011 May 202611 Aug 20266 Nov 20262332.TW 116Peer median 80
Six months, rebased to 100: D-Link against the median of its 20 peers (local-currency closes).

D-Link financials

Reported figures in TWD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueNT$14.0BNT$13.4BNT$14.4BNT$15.9BNT$17.1B
Revenue growth—-7%-10%-7%—
Gross profitNT$3.24BNT$3.03BNT$3.43BNT$3.57BNT$4.09B
EBITDANT$194M-NT$15.0MNT$154MNT$475MNT$792M
Net income-NT$279M-NT$540MNT$35.3MNT$568MNT$109M
Free cash flow-NT$504M-NT$333MNT$1.39BNT$1.13BNT$111M
Capital expenditureNT$147MNT$195MNT$116MNT$119MNT$101M
Total debtNT$1.04BNT$1.04BNT$873MNT$1.11BNT$456M

Quarterly statements and history in the cockpit →

D-Link competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%-20%0%32170732619924063015036277ADTN00002030060953095443302261888AZ6413300546338066763003110005092332.TW6-month return →1-month return →
Up and to the right = strong over both horizons. D-Link is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%+75%0×2×4×6×32170732619924063015036277ADTN0000203006095309544330228AZ641330054666763003110005092332.TWRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. D-Link is the large dot.

D-Link competitors and peer comparison

How D-Link compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

D-Link against its 20 peers (data as of 6 Nov 2026)
Measure2332.TWPeer medianRank in peer set
1-month return-19.1%-14.7%7th lowest of 21
6-month return+15.2%-21.2%3rd highest of 21
Distance from 52-week high-38.4%-38.9%10th highest of 21
Revenue growth (TTM)+3.0%+5.2%8th lowest of 21
Operating margin-0.8%5.7%4th lowest of 21
EV / Sales0.7×1.7×4th cheapest of 21
ROIC minus cost of capital-5.9 pp-2.0 pp4th lowest of 21
Net debt / EBITDA-14.7×-1.7×2nd least indebted of 16

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
D-Link 2332.TWTaiwan$297M+15%+3%-1%0.7×n/an/a
Argosy Research 3217.TWOTaiwan$294M-38%+2%30%1.8×-8.6%+9.8%
Truly International 0732.HKHong Kong$300M-21%-11%4%0.5×-14.9%-5.7%
TienPin United Enterprise 6199.TWOTaiwan$305M+78%+577%30%13.9×n/an/a
Gigastorage 2406.TWTaiwan$310M-11%+83%2%2.3×n/an/a
G.tech Technology 301503.SZChina$313M-27%+28%4%1.1×n/an/a
Aten International 6277.TWTaiwan$276M+7%+6%14%1.6×-7.6%+0.4%
ADTRAN ADTNUnited States$329M-73%+10%0%0.8×n/an/a
Shenzhen Zhongheng Huafa 000020.SZChina$332M-31%-25%5%3.2×26.4%+4.4%
Winner Technology 300609.SZChina$341M-53%-6%-41%6.7×n/an/a
Sysgration 5309.TWOTaiwan$360M-19%+9%-4%3.1×n/an/a
Gallant Precision Machining 5443.TWOTaiwan$374M-44%+12%12%3.3×12.4%+6.2%
IEI Integration 3022.TWTaiwan$405M+1%+3%6%1.2×n/an/a
Quanta Storage 6188.TWOTaiwan$409M-45%+3%7%1.2×n/an/a
Aztech Global 8AZ.SISingapore$212M-64%-8%9%0.2×n/an/a
Riso Kagaku 6413.TJapan$418M+3%+5%6%0.7×-2.7%+2.9%
Shenzhen Emperor Technology 300546.SZChina$434M-22%+8%3%3.8×38.7%+7.9%
Alpha Networks 3380.TWTaiwan$437M-23%+11%1%0.9×n/an/a
Buffalo 6676.TJapan$458M+23%-19%8%0.4×-10.5%-2.0%
Surfilter Network Technology 300311.SZChina$488M-11%+15%7%6.2×n/an/a
Huasu 000509.SZChina$502M-13%-23%-2%5.0×n/an/a

Questions

Which companies are D-Link's closest peers?
The cockpit's peer set: Argosy Research (3217.TWO), Truly International (0732.HK), TienPin United Enterprise (6199.TWO), Gigastorage (2406.TW), G.tech Technology (301503.SZ), Aten International (6277.TW), ADTRAN (ADTN), Shenzhen Zhongheng Huafa (000020.SZ).
Is D-Link expensive compared with its peers?
On ev / sales it trades at 0.7× against a peer median of 1.7×, 4th cheapest of 21 in its peer set.
How has D-Link stock performed?
Over six months to 6 Nov 2026 the shares returned +15.2% against -21.2% for the median peer; over one year -4.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.