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Taiwanese maker of motherboards, graphics cards, laptops and servers for PC and gaming markets.
Taiwanese maker of motherboards, graphics cards, laptops and servers for PC and gaming markets.
Motherboards and graphics cards are sold in volume through distributors and retailers at thin margins and move with PC and gaming cycles. Servers are sold through Giga Computing, a separate subsidiary created in 2022, in larger orders to data-centre and AI customers.
In one line: An ASUS-like PC hardware maker.
Moat: none (brand, distribution). Established gaming-hardware brand but competes in a commoditized, price-competitive market.
Headquarters: Taipei, Taiwan · Founded: 1986
Size Gigabyte Technology (2376.TW) is a Taiwan Information Technology company (Computer Peripherals) with a market value of $6.01B, the 80th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$298.00 on 6 Nov 2026.
Performance Over six months the shares gained 6.6%, against -2.8% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 7th highest of 21 in its peer set.
Growth Revenue grew 37.5% over the last twelve months (peer median +9.9%); the operating margin is 5.5% (peer median 12.4%).
Valuation It trades at 8.1× forward earnings against a peer median of 13.8× (5th cheapest of 18).
Capital Return on invested capital runs 6.0 points above its cost of capital (5.9% WACC).
Next results Next results expected around 13 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$418B | NT$337B | NT$265B | NT$137B | NT$107B |
| Revenue growth | — | +27% | +94% | +28% | — |
| Gross profit | NT$43.6B | NT$35.2B | NT$28.1B | NT$16.6B | NT$16.6B |
| EBITDA | NT$23.9B | NT$17.7B | NT$13.6B | NT$5.68B | NT$6.57B |
| Net income | NT$17.9B | NT$12.2B | NT$9.79B | NT$4.74B | NT$6.54B |
| Free cash flow | -NT$81.8B | NT$3.96B | -NT$17.9B | NT$1.83B | NT$3.77B |
| Capital expenditure | NT$3.06B | NT$1.52B | NT$2.22B | NT$666M | NT$1.44B |
| Total debt | NT$118B | NT$43.7B | NT$20.6B | NT$9.09B | NT$138M |
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 |
|---|---|---|---|---|---|---|
| Gigabyte Technology 2376.TW | $6.01B | +7% | +38% | 5% | 8.1× | n/a |
| Asustek Computer 2357.TW | $19.3B | +55% | +32% | 6% | 11.4× | n/a |
| Micro-Star International 2377.TW | $3.50B | +43% | +1% | 5% | 11.6× | n/a |
| ASRock 3515.TW | $747M | -16% | +29% | 7% | 8.9× | n/a |
| Acer 2353.TW | $2.63B | +4% | +15% | 2% | 16.4× | 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 | 2376.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -23.3% | -17.1% | 6th lowest of 21 |
| 6-month return | +6.6% | -2.8% | 7th highest of 21 |
| Distance from 52-week high | -25.9% | -39.3% | 6th highest of 21 |
| Revenue growth (TTM) | +37.5% | +9.9% | 7th highest of 21 |
| Operating margin | 5.5% | 12.4% | 6th lowest of 21 |
| Forward P/E | 8.1× | 13.8× | 5th cheapest of 18 |
| ROIC minus cost of capital | +6.0 pp | +11.1 pp | 9th lowest of 21 |
| EV / EBITDA | 11.9× | 8.2× | 6th most expensive of 13 |
| Net debt / EBITDA | 3.4× | -0.3× | most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Gigabyte Technology 2376.TW | Taiwan | $6.01B | +7% | +38% | 5% | 8.1× | n/a | n/a |
| AUO 2409.TW | Taiwan | $6.02B | +49% | -1% | -2% | n/a | n/a | n/a |
| Shenzhen Kaifa Technology 000021.SZ | China | $6.13B | -11% | +14% | 11% | 29.2× | n/a | n/a |
| Brother Industries 6448.T | Japan | $6.52B | +39% | +7% | 13% | 10.5× | -6.3% | +7.2% |
| Seiko Epson 6724.T | Japan | $5.39B | +27% | +8% | 6% | 11.9× | 0.8% | +7.2% |
| Everdisplay Optronics (Shanghai) 688538.SS | China | $6.72B | -9% | -2% | -31% | n/a | n/a | n/a |
| E Ink 8069.TWO | Taiwan | $4.98B | +2% | -3% | 29% | 12.4× | -0.3% | +18.6% |
| Hubei Dinglong 300054.SZ | China | $8.79B | -2% | +7% | 30% | 51.4× | 32.2% | +15.0% |
| Biwin Storage Technology 688525.SS | China | $8.99B | -52% | +221% | 41% | 5.0× | n/a | n/a |
| Sichuan Changhong Electric 600839.SS | China | $3.55B | -41% | +4% | 0% | n/a | n/a | n/a |
| Hangzhou EZVIZ Network 688475.SS | China | $3.53B | -4% | +8% | 12% | 30.1× | 15.7% | +13.8% |
| Micro-Star International 2377.TW | Taiwan | $3.50B | +43% | +1% | 5% | 11.6× | n/a | n/a |
| Unisplendour 000938.SZ | China | $10.4B | -24% | +25% | 3% | 21.8× | n/a | n/a |
| Transcend Information 2451.TW | Taiwan | $3.22B | -13% | +286% | 67% | 3.2× | n/a | n/a |
| ADATA Technology 3260.TWO | Taiwan | $3.16B | -33% | +125% | 34% | 4.5× | n/a | n/a |
| Extreme Networks EXTR | United States | $3.15B | 0% | +11% | 6% | 17.2× | 27.3% | +4.9% |
| AURAS Technology 3324.TWO | Taiwan | $2.90B | -10% | +71% | 16% | 15.1× | n/a | n/a |
| Innodisk 5289.TWO | Taiwan | $2.76B | -35% | +334% | 49% | 2.5× | n/a | n/a |
| Logitech International LOGN.SW | Switzerland | $13.2B | -1% | -1% | 18% | 16.8× | -5.7% | -4.3% |
| Lite-on Technology 2301.TW | Taiwan | $13.2B | +16% | +24% | 13% | 13.8× | n/a | n/a |
| VusionGroup VU.PA | France | $2.61B | +11% | +45% | 10% | 16.5× | n/a | n/a |