Taiwanese PCB maker supplying multilayer boards for networking, telecom, automotive and industrial customers.
Taiwanese PCB maker supplying multilayer boards for networking, telecom, automotive and industrial customers.
Moat: none (process know-how). PCB manufacturing is a competitive, capital-intensive commodity business.
Headquarters: Taoyuan, Taiwan · Founded: 1979 · Employees: 29,987
Size Tripod Technology (3044.TW) is a Taiwan Information Technology company (Electronic Components) with a market value of $6.57B, the 74th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$413.50 on 6 Nov 2026.
Performance Over six months the shares fell 14.7%, against -14.5% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 10th lowest of 20 in its peer set.
Growth Revenue grew 20.7% over the last twelve months (peer median +28.2%); the operating margin is 19.3% (peer median 10.1%).
Valuation It trades at 10.7× forward earnings against a peer median of 27.4× (2nd cheapest of 19).
Capital Return on invested capital runs 28.5 points above its cost of capital (8.0% WACC).
Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$84.2B | NT$73.4B | NT$65.8B | NT$58.9B | NT$65.8B |
| Revenue growth | — | +12% | +12% | -11% | — |
| Gross profit | NT$22.8B | NT$18.7B | NT$15.0B | NT$11.1B | NT$11.6B |
| EBITDA | NT$20.8B | NT$17.2B | NT$14.5B | NT$11.8B | NT$11.8B |
| Net income | NT$12.3B | NT$10.2B | NT$8.38B | NT$6.06B | NT$6.20B |
| Free cash flow | -NT$2.15B | NT$5.91B | NT$8.68B | NT$12.4B | NT$8.33B |
| Capital expenditure | NT$11.3B | NT$5.96B | NT$2.70B | NT$3.34B | NT$4.07B |
| Total debt | NT$3.93B | NT$7.60B | NT$7.36B | NT$6.22B | NT$7.76B |
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 |
|---|---|---|---|---|---|---|
| Tripod Technology 3044.TW | $6.57B | -15% | +21% | 19% | 10.7× | n/a |
| Unimicron Technology 3037.TW | $35.4B | -19% | +33% | 13% | 20.1× | 45.9% |
| Gold Circuit Electronics 2368.TW | $12.9B | -45% | +68% | 26% | 14.5× | 14.2% |
| Compeq Manufacturing 2313.TW | $5.93B | -42% | +8% | 11% | 15.9× | 14.6% |
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 | 3044.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -25.8% | -33.1% | 7th highest of 21 |
| 6-month return | -14.7% | -14.5% | 10th lowest of 20 |
| Distance from 52-week high | -31.5% | -50.9% | 4th highest of 21 |
| Revenue growth (TTM) | +20.7% | +28.2% | 10th lowest of 21 |
| Operating margin | 19.3% | 10.1% | 6th highest of 21 |
| Forward P/E | 10.7× | 27.4× | 2nd cheapest of 19 |
| ROIC minus cost of capital | +28.5 pp | -2.0 pp | highest of 21 |
| EV / EBITDA | 9.5× | 13.2× | 3rd cheapest of 10 |
| Net debt / EBITDA | -1.0× | -0.1× | 5th least indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Tripod Technology 3044.TW | Taiwan | $6.57B | -15% | +21% | 19% | 10.7× | n/a | n/a |
| Shenzhen Fastprint Circuit Tech 002436.SZ | China | $6.54B | -7% | +26% | 6% | 57.3× | n/a | n/a |
| Advanced Fiber Resources Zhuhai 300620.SZ | China | $6.50B | -27% | +86% | 18% | 107.0× | n/a | n/a |
| Jiangxi Redboard Technology 603459.SS | China | $6.70B | -4% | +36% | 17% | n/a | 53.4% | +36.1% |
| Orbbec 688322.SS | China | $6.73B | +37% | +1% | 0% | 202.4× | n/a | n/a |
| VICR VICR | United States | $6.78B | -43% | +41% | 25% | 25.9× | 46.0% | +6.6% |
| TTM Technologies TTMI | United States | $7.01B | -58% | +38% | 12% | 8.5× | 24.1% | +6.7% |
| Shenzhen Everwin Precision Technology 300115.SZ | China | $5.95B | -12% | +19% | 2% | 124.0× | n/a | n/a |
| Compeq Manufacturing 2313.TW | Taiwan | $5.93B | -42% | +8% | 11% | 15.9× | 14.6% | +4.7% |
| Founder Technology 600601.SS | China | $5.70B | -27% | +73% | 19% | 47.6× | n/a | n/a |
| Taiyo Yuden 6976.T | Japan | $5.63B | +4% | +6% | 6% | 28.8× | 47.0% | +3.4% |
| Shenzhen Kinwong Electronic 3228.HK | Hong Kong | $7.87B | n/a | +40% | 12% | 15.8× | n/a | n/a |
| ITEQ 6213.TW | Taiwan | $5.45B | +75% | +16% | 9% | 16.6× | n/a | n/a |
| Shengyi Electronics 688183.SS | China | $7.95B | -44% | +46% | 21% | 19.4× | n/a | n/a |
| Lotes 3533.TW | Taiwan | $5.39B | -36% | +13% | 28% | 17.6× | 1.9% | +14.3% |
| Dynamic Electronics 603175.SS | China | $5.37B | -15% | +15% | 5% | n/a | n/a | n/a |
| Taiwan Union Technology 6274.TWO | Taiwan | $8.21B | -26% | +87% | 23% | 13.9× | n/a | n/a |
| Innolux 3481.TW | Taiwan | $8.71B | +32% | +11% | 0% | 62.6× | 37.3% | -3.4% |
| Sichuan Huafeng Technology 688629.SS | China | $4.85B | -49% | +46% | 9% | 87.5× | n/a | n/a |
| Sunny Optical 2382.HK | Hong Kong | $8.92B | -3% | +20% | 8% | 14.8× | 4.9% | +1.9% |
| Wuhan Jingce Electronic 300567.SZ | China | $4.80B | -14% | +31% | 0% | 119.3× | n/a | n/a |