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Micro-Star International Co., Ltd. (2377.TW)

TWD148.50 +1.50 (+1.02%)
TW TAI Technology Computer Hardware
Address No. 69, Lide Street 235
New Taipei City, TW
CEO Chin-Ching Huang
Website msi.com
IPO 2000-01-04
ISIN TW0002377009

Explore sections of this company profile

Description

Micro-Star International Co., Ltd., widely recognized as MSI, is a Taiwan-based technology corporation focused on developing and globally distributing a diverse range of electronic goods. Its offerings span from fundamental PC components like motherboards and interface cards to complete notebook computers. The company serves customers across Asia, Europe, the Americas, and other international regions, operating primarily through its 'Computer and Peripherals' and 'Other' business divisions. MSI's comprehensive product line encompasses various computing devices such as laptops, desktop PCs, and monitors. It also manufactures a variety of internal components and accessories, including high-performance graphics cards, gaming peripherals, PC cases, liquid cooling systems, and power supply units. Additionally, their portfolio extends to lifestyle items like gaming laptop backpacks and branded apparel. Beyond production, MSI provides extensive services covering the sale, customer support, after-sales assistance, and logistics for its computer and electronic hardware. Established in 1986, the company's headquarters are located in New Taipei City, Taiwan.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
TWD148.50 +1.50 (+1.02%)
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Volume Profile
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Liquidity & share structure
Average Volume
26M
Beta
0.71
Float Shares
654.54M
Free Float %
77.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.28% +14.93% +29.92% +24.73% +9.48% +20.19% -21.69% -24.01% -32.06% +127.81% +186.32%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
148.50
DCF (Unlevered) 303.96 +104.7%
DCF (Levered) 268.77 +81.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 33% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 0 -1
Hold 4 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
4.05
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Computer Hardware: +13.3%
    +16.3% Q1'26: +5.1% (vs Q1'25)
  • EPS growth Computer Hardware: +25.2%
    -16.0% Q1'26: +215.7% (vs Q1'25)
  • FCF margin FCF growth · Computer Hardware: +24.2%
    +0.5% Q1'26: +5.2% (vs Q1'25)
  • EBIT margin Computer Hardware: +5.6%
    +2.8% Q1'26: +6.9% (vs Q1'25)
  • ROIC Computer Hardware: +5.3%
    +14.9% Q1'26: +39.9% (vs Q1'25)
  • Share dilution Computer Hardware: +0.0%
    +0.2% Q1'26: +0.6% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Computer Hardware: -0.55×
    1.50× Q1'26: 0.42× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.56) × ERP
WACC = 88% × Ke + 12% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 301.42 Current price: 148.50
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
4 Rev. Ana.
2 EPS Ana.
Dec 2027
5 Rev. Ana.
4 EPS Ana.
Revenue
85.29B
est: 85.09B (+0.2%)
102.19B
est: 102.14B (+0.0%)
106.42B
est: 106.42B (+0.0%)
118.53B
est: 119.08B (-0.5%)
120.49B
est: 120.06B (+0.4%)
146.50B
est: 146.54B (0.0%)
201.81B
est: 193.67B (+4.2%)
180.41B
est: 180.22B (+0.1%)
182.97B
est: 192.37B (-4.9%)
197.87B
est: 199.65B (-0.9%)
230.20B
est: 228.15B (+0.9%)
230.67B
217.16B – 236.56B
+1.1% YoY
251.14B
250.52B – 251.77B
+8.9% YoY
EBITDA
4.84B
est: 6.22B (-22.1%)
6.33B
est: 7.46B (-15.1%)
6.51B
est: 7.77B (-16.2%)
7.80B
est: 8.70B (-10.3%)
7.38B
est: 8.77B (-15.9%)
10.72B
est: 10.70B (+0.1%)
21.90B
est: 14.15B (+54.8%)
13.69B
est: 13.16B (+4.0%)
10.56B
est: 12.54B (-15.8%)
9.89B
est: 13.01B (-24.0%)
7.78B
est: 14.87B (-47.7%)
15.03B
14.15B – 15.42B
+1.1% YoY
16.37B
16.33B – 16.41B
+8.9% YoY
EBIT
4.06B
est: 5.62B (-27.8%)
5.52B
est: 6.75B (-18.2%)
5.61B
est: 7.03B (-20.2%)
7.17B
est: 7.87B (-8.9%)
6.54B
est: 7.93B (-17.5%)
9.63B
est: 9.68B (-0.5%)
20.65B
est: 12.79B (+61.4%)
12.32B
est: 11.91B (+3.5%)
9.20B
est: 11.24B (-18.1%)
8.55B
est: 11.66B (-26.7%)
6.39B
est: 13.33B (-52.1%)
13.47B
12.68B – 13.82B
+1.1% YoY
14.67B
14.63B – 14.71B
+8.9% YoY
Net Income
3.71B
est: 3.74B (-0.8%)
4.89B
est: 5.06B (-3.3%)
4.94B
est: 5.05B (-2.3%)
6.04B
est: 6.69B (-9.7%)
5.59B
est: 5.86B (-4.6%)
7.96B
est: 8.05B (-1.1%)
16.92B
est: 17.78B (-4.8%)
9.96B
est: 10.61B (-6.1%)
7.53B
est: 7.69B (-2.0%)
6.79B
est: 8.45B (-19.6%)
5.75B
est: 5.53B (+3.9%)
7.64B
7.36B – 7.92B
+38.1% YoY
7.90B
7.32B – 9.13B
+3.4% YoY
SGA
5.57B
est: 5.00B (+11.4%)
6.03B
est: 6.01B (+0.4%)
6.22B
est: 6.26B (-0.7%)
6.09B
est: 7.00B (-13.1%)
6.58B
est: 7.06B (-6.8%)
8.40B
est: 8.62B (-2.6%)
13.08B
est: 11.39B (+14.8%)
10.59B
est: 10.60B (-0.1%)
9.75B
est: 11.38B (-14.3%)
11.87B
est: 11.81B (+0.5%)
13.60B
est: 13.50B (+0.8%)
13.65B
12.85B – 14.00B
+1.1% YoY
14.86B
14.82B – 14.90B
+8.9% YoY
EPS
4.39
est: 4.40 (-0.2%)
5.79
est: 5.96 (-2.8%)
5.84
est: 5.95 (-1.9%)
7.15
est: 7.88 (-9.3%)
6.61
est: 6.90 (-4.2%)
9.42
est: 9.48 (-0.6%)
20.03
est: 20.94 (-4.3%)
11.79
est: 12.06 (-2.2%)
8.92
est: 9.10 (-2.0%)
8.04
est: 10.15 (-20.8%)
6.80
est: 6.64 (+2.4%)
8.98
8.65 – 9.30
+35.2% YoY
9.52
8.60 – 10.73
+6.1% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A 4/5 5/5 4/5 4/5 2/5 3/5 4/5
2026-05-11 A 4/5 5/5 4/5 4/5 2/5 3/5 4/5
2026-05-08 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-07 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-06 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-05 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-05-04 A 4/5 5/5 4/5 4/5 2/5 4/5 4/5
2026-04-30 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5
2026-04-29 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5
2026-04-28 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5
2026-04-27 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5
2026-04-24 A 4/5 5/5 3/5 4/5 2/5 4/5 4/5
2026-04-23 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-22 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-21 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-20 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-17 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5
2026-04-16 A- 4/5 5/5 3/5 4/5 2/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.66B
OE per share TTM
1.93
Owner's Yield
1.83%
Maintenance CapEx ratio
14.38%
Maint CapEx / Avg PPE
3.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 94 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 VanEck Video Gaming and eSports ETF ESPO 3.42% 8.39M 0.55%
2 VanEck Video Gaming and eSports UCITS ETF ESPO.L 3.33% 19.43M 0.55%
3 iShares MSCI AC Far East ex-Japan Small Cap UCITS ETF ISFE.L 0.27% 198.0K 0.74%
4 State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L 0.21% 1.24M 0.55%
5 iShares MSCI Emerging Markets Small-Cap ETF EEMS 0.20% 762.7K 0.72%
6 iShares MSCI EM Small Cap UCITS ETF IEMS.L 0.19% 648.2K 0.74%
7 Schwab Fundamental Emerging Markets Large Company Index ETF FNDE 0.16% 14.99M 0.39%
8 Invesco FTSE RAFI Emerging Markets UCITS ETF PSRM.L 0.15% 129.8K 0.49%
9 Franklin FTSE Taiwan ETF FLTW 0.15% 4.38M 0.19%
10 Avantis Emerging Markets Small Cap Equity ETF AVEE 0.14% 173.9K 0.42%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
491.4K
Shares Outstanding
844.86M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Chi-Long Lu Senior Vice President of Management Committee male
Chin-Ching Huang Vice Chairman & President male
Chun-Keng Liao Executive Vice President, GM of Graphics and Peripheral B.U. & Director male
Hsien-Neng You Senior Vice President male
Hsu-Kuang Kuo Executive Vice President, GM of Note Book B.U. & Director male
Hui-Cheng Cheng Vice President of Corporation Marketing Division male
Hui-Chin Lin Accounting Officer
Pao-Yu Hung Chief Financial Officer & Vice President of Finance Center female
Wen-Tung Lin Senior Vice President of Management Committee & Director male
Yu-Sheng Hung Executive Vice President, GM of Computing and Display B.U. & Director male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits