Taiwanese holding company spanning server/networking manufacturing (MiTAC Computing), GPS/navigation and real estate.
Taiwanese holding company spanning server/networking manufacturing (MiTAC Computing), GPS/navigation and real estate.
Server building is the lead line, sold to cloud and telecom customers, with older navigation products and other holdings behind it. Part of the MiTAC-Synnex group led by Matthew Miau, a Taiwanese technology-distribution and electronics group.
Moat: none (scale). Diversified holding company; server ODM segment competes on cost/scale like peers.
Headquarters: Taoyuan, Taiwan · Founded: 1982
Size MiTAC (3706.TW) is a Taiwan Information Technology company (Computer Processing Hardware) with a market value of $2.98B, the 128th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$68.00 on 6 Nov 2026.
Performance Over six months the shares fell 16.3%, against -20.1% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 9th highest of 18 in its peer set.
Growth Revenue grew 44.1% over the last twelve months (peer median +14.1%); the operating margin is 4.5% (peer median 1.8%).
Valuation It trades at 8.8× forward earnings against a peer median of 15.0× (cheapest of 15).
Capital Return on invested capital runs 0.1 points below its cost of capital (5.0% WACC).
Next results Next results expected around 17 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$128B | NT$106B | NT$61.4B | NT$35.5B | NT$47.8B |
| Revenue growth | — | +72% | +73% | -26% | — |
| Gross profit | NT$12.9B | NT$11.8B | NT$7.25B | NT$4.38B | NT$3.74B |
| EBITDA | NT$7.34B | NT$6.69B | NT$2.83B | NT$1.18B | -NT$50.5M |
| Net income | NT$7.43B | NT$6.84B | NT$3.96B | NT$1.78B | NT$9.29B |
| Free cash flow | -NT$22.3B | -NT$1.62B | NT$801M | NT$4.24B | NT$894M |
| Capital expenditure | NT$4.98B | NT$2.17B | NT$797M | NT$640M | NT$1.01B |
| Total debt | NT$37.4B | NT$12.5B | NT$3.06B | NT$1.83B | NT$4.49B |
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 |
|---|---|---|---|---|---|---|
| MiTAC 3706.TW | $2.98B | -16% | +44% | 4% | 8.8× | n/a |
| Quanta Computer 2382.TW | $36.0B | -10% | +63% | 3% | 10.1× | n/a |
| Wiwynn 6669.TW | $26.3B | +101% | +84% | 7% | 9.6× | n/a |
| Inventec 2356.TW | $5.71B | +12% | +16% | 2% | 13.2× | 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 | 3706.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -15.4% | -6.9% | 7th lowest of 21 |
| 6-month return | -16.3% | -20.1% | 9th highest of 18 |
| Distance from 52-week high | -37.6% | -40.5% | 10th highest of 21 |
| Revenue growth (TTM) | +44.1% | +14.1% | 2nd highest of 18 |
| Operating margin | 4.5% | 1.8% | 9th highest of 21 |
| Forward P/E | 8.8× | 15.0× | cheapest of 15 |
| ROIC minus cost of capital | -0.1 pp | -0.7 pp | 10th highest of 20 |
| EV / EBITDA | 15.7× | 9.0× | most expensive of 4 |
| Net debt / EBITDA | 2.1× | 1.6× | 3rd most indebted of 7 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| MiTAC 3706.TW | Taiwan | $2.98B | -16% | +44% | 4% | 8.8× | n/a | n/a |
| Venture V03.SI | Singapore | $3.22B | -21% | +1% | 10% | 16.4× | -1.3% | -3.4% |
| Acer 2353.TW | Taiwan | $2.63B | +4% | +15% | 2% | 16.4× | n/a | n/a |
| NCR Atleos NATL | United States | $3.49B | +7% | +2% | 14% | 9.6× | -9.2% | +1.8% |
| Lakala Payment 300773.SZ | China | $2.32B | -25% | +17% | 4% | 17.4× | 14.2% | 0.0% |
| RGTI RGTI | United States | $3.92B | -38% | +68% | -728% | n/a | n/a | n/a |
| Getac 3005.TW | Taiwan | $2.20B | +19% | +9% | 15% | 12.1× | -7.0% | +7.2% |
| QBTS QBTS | United States | $4.05B | -25% | -44% | -1,373% | n/a | n/a | n/a |
| Compal Electronics 2324.TW | Taiwan | $4.15B | +8% | -4% | 1% | 12.9× | n/a | n/a |
| Dongfang Electronics 000682.SZ | China | $2.06B | -21% | +14% | 7% | 13.7× | 8.9% | +17.4% |
| Guangzhou Shiyuan Electronic Technology 002841.SZ | China | $4.37B | +13% | +35% | 8% | 11.2× | -2.7% | +7.3% |
| Infleqtion INFQ | United States | $2.00B | -27% | n/a | -315% | n/a | n/a | n/a |
| Willfar Information Technology 688100.SS | China | $1.98B | -28% | -9% | 20% | 22.4× | 17.0% | +15.5% |
| China Greatwall Technology 000066.SZ | China | $5.40B | -42% | +28% | -1% | 81.7× | n/a | n/a |
| PCI Technology 600728.SS | China | $1.58B | -7% | +11% | 0% | 55.3× | 23.0% | +18.8% |
| Inventec 2356.TW | Taiwan | $5.71B | +12% | +16% | 2% | 13.2× | n/a | n/a |
| Lingyi iTech (Guangdong) 1688.HK | Hong Kong | $5.75B | n/a | +14% | 6% | 12.6× | n/a | n/a |
| XGD 300130.SZ | China | $1.49B | -20% | +21% | 12% | 17.9× | 3.8% | +3.8% |
| IQM Quantum Computers Oyj Sponsored ADR IQMX | United States | $1.49B | n/a | n/a | -492% | n/a | n/a | n/a |
| IQM Quantum Computers IQMX.HE | Finland | $1.41B | n/a | n/a | -492% | n/a | n/a | n/a |
| SDIC Intelligence Information Technology 300188.SZ | China | $1.35B | -15% | -15% | -53% | n/a | n/a | n/a |