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Taiwanese PC brand: laptops, desktops, motherboards, graphics cards and gaming (ROG) hardware.
Taiwanese PC brand: laptops, desktops, motherboards, graphics cards and gaming (ROG) hardware.
Designs and brands its products but has made nothing itself since spinning off its contract-manufacturing arm, Pegatron, in 2007, selling through retailers, distributors and online. Laptops bring in most revenue, while motherboards, graphics cards and ROG gaming gear are premium niches. Sales swing with PC demand cycles.
In one line: Taiwan's HP/Dell, with a stronger gaming/motherboard franchise.
Moat: narrow (brand, distribution). Strong motherboard/gaming brand and global retail channel; PC hardware itself is competitive.
Headquarters: Taipei, Taiwan · Founded: 1989
Size Asustek Computer (2357.TW) is a Taiwan Information Technology company (Computer Processing Hardware) with a market value of $19.3B, the 31st largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$859.00 on 6 Nov 2026.
Performance Over six months the shares gained 54.9%, against +6.2% for the median peer and -3.4% for the Taiwan market (cap-weighted) — highest of 17 in its peer set.
Growth Revenue grew 32.5% over the last twelve months (peer median +27.5%); the operating margin is 6.0% (peer median 4.3%).
Valuation It trades at 11.4× forward earnings against a peer median of 14.6× (5th cheapest of 15).
Capital Return on invested capital runs 6.3 points above its cost of capital (5.0% WACC).
Credit Asustek Computer has 1 bond outstanding ($1.50B).
Next results Next results expected around 17 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$869B | NT$739B | NT$587B | NT$482B | NT$537B |
| Revenue growth | — | +26% | +22% | -10% | — |
| Gross profit | NT$134B | NT$109B | NT$101B | NT$70.4B | NT$72.4B |
| EBITDA | NT$55.3B | NT$42.6B | NT$32.4B | NT$13.8B | NT$15.5B |
| Net income | NT$50.8B | NT$44.6B | NT$31.4B | NT$15.9B | NT$14.7B |
| Free cash flow | -NT$70.7B | NT$30.4B | NT$6.93B | NT$47.7B | -NT$29.0B |
| Capital expenditure | NT$3.09B | NT$3.60B | NT$4.08B | NT$2.34B | NT$1.93B |
| Total debt | NT$103B | NT$31.8B | NT$27.4B | NT$18.0B | NT$50.4B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Asustek Computer 2357.TW | $19.3B | +55% | +32% | 6% | 11.4× | n/a |
| Acer 2353.TW | $2.63B | +4% | +15% | 2% | 16.4× | n/a |
| Lenovo 0992.HK | $30.8B | +50% | +26% | 5% | 8.2× | -15.0% |
| HP Inc. HPQ | $25.7B | +27% | +9% | 7% | 9.5× | -7.0% |
| Dell Technologies DELL | $209B | +26% | +49% | 10% | 11.6× | 10.1% |
| Micro-Star International 2377.TW | $3.50B | +43% | +1% | 5% | 11.6× | n/a |
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.
| Measure | 2357.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -13.7% | -15.6% | 8th highest of 18 |
| 6-month return | +54.9% | +6.2% | highest of 17 |
| Distance from 52-week high | -16.6% | -39.1% | highest of 18 |
| Revenue growth (TTM) | +32.5% | +27.5% | 7th highest of 17 |
| Operating margin | 6.0% | 4.3% | 7th highest of 17 |
| Forward P/E | 11.4× | 14.6× | 5th cheapest of 15 |
| ROIC minus cost of capital | +6.3 pp | +1.1 pp | 3rd highest of 17 |
| EV / EBITDA | 12.2× | 10.7× | 3rd most expensive of 6 |
| Net debt / EBITDA | 0.2× | 1.2× | 4th least indebted of 9 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Asustek Computer 2357.TW | Taiwan | $19.3B | +55% | +32% | 6% | 11.4× | n/a | n/a |
| Supermicro SMCI | United States | $18.9B | -19% | +156% | 9% | 4.8× | n/a | n/a |
| Dawning Information Industry 603019.SS | China | $16.8B | -17% | +32% | 13% | 38.4× | 31.2% | +8.0% |
| Wistron 3231.TW | Taiwan | $16.3B | +13% | +107% | 4% | 8.1× | n/a | n/a |
| Zebra Technologies ZBRA | United States | $15.2B | +42% | +17% | 17% | 14.9× | 14.8% | +4.1% |
| Advantech 2395.TW | Taiwan | $14.5B | +39% | +40% | 19% | 22.5× | 9.5% | +6.8% |
| Lingyi iTech (Guangdong) 002600.SZ | China | $14.2B | -17% | +9% | 6% | 30.9× | n/a | n/a |
| IonQ IONQ | United States | $14.0B | -34% | +371% | -392% | n/a | n/a | n/a |
| GoerTek 002241.SZ | China | $13.1B | 0% | -3% | 2% | 25.5× | n/a | n/a |
| IEIT SYSTEMS Co., Ltd.Class A 000977.SZ | China | $12.1B | -21% | +14% | 3% | 14.3× | 7.7% | +21.2% |
| Lenovo 0992.HK | Hong Kong | $30.8B | +50% | +26% | 5% | 8.2× | -15.0% | +6.6% |
| Sharetronic Data Technology 300857.SZ | China | $11.4B | -40% | +127% | 21% | 39.5× | n/a | n/a |
| Quantinuum QNT | United States | $9.89B | n/a | +35% | -644% | n/a | n/a | n/a |
| Pegatron 4938.TW | Taiwan | $7.52B | +14% | -6% | 1% | 13.1× | n/a | n/a |
| SeeYA Technology 688781.SS | China | $7.11B | +17% | n/a | n/a | n/a | n/a | n/a |
| Hewlett Packard Enterprise HPE | United States | $59.4B | +43% | +27% | 8% | 9.6× | 16.2% | +5.0% |
| Inventec 2356.TW | Taiwan | $5.71B | +12% | +16% | 2% | 13.2× | n/a | n/a |
| China Greatwall Technology 000066.SZ | China | $5.40B | -42% | +28% | -1% | 81.7× | n/a | n/a |
Asustek Computer has 1 bond outstanding with $1.50B face value.