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Thermaltake Technology Co., Ltd. (3540.TWO)

TWD21.95 -0.20 (-0.90%)
TW TWO Technology Computer Hardware
Address No. 185, Tiding Boulevard 114
Taipei, TW
CEO Pei-Shi Lin
IPO 2007-12-31
ISIN TW0003540001

Explore sections of this company profile

Description

Thermaltake Technology Co., Ltd. is a global company that specializes in a diverse array of products spanning the entertainment, e-sports, technology, and lifestyle markets, serving customers both in Taiwan and internationally. The company's offerings are organized under distinct brands: Its flagship Thermaltake brand features PC components such as computer cases, power supply units, and cooling systems. For the gaming community, it provides a range of peripherals, including keyboards, headsets, mice, and other accessories, under the Tt eSPORTS brand. Mobile users can find various accessories marketed under the LUXA2 brand. Thermaltake also maintains an online retail presence through its Tt Buy e-shopping platform. The company's products are distributed to consumers via an extensive network of distributors and retailers. Established in 1999, Thermaltake Technology Co., Ltd. has its headquarters located in Taipei, 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
TWD21.95 -0.20 (-0.90%)
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Volume Profile
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Liquidity & share structure
Average Volume
419.9K
Beta
0.59
Float Shares
60.16M
Free Float %
83.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.79% -5.20% -5.73% -15.00% -13.12% -18.01% -19.69% -45.51% -57.96% +98.14% -40.41%
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
21.95
DCF (Unlevered) 4.29 -80.4%

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)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.61
Distress
Piotroski F-Score
4 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Computer Hardware: +13.3%
    +29.1% Q1'26: -3.8% (vs Q1'25)
  • EPS growth Computer Hardware: +25.2%
    +154.8% Q1'26: -75.0% (vs Q1'25)
  • FCF margin FCF growth · Computer Hardware: +24.2%
    -1.4% Q1'26: -11.7% (vs Q1'25)
  • EBIT margin Computer Hardware: +5.6%
    +1.9% Q1'26: -0.9% (vs Q1'25)
  • ROIC Computer Hardware: +5.3%
    +2.0% Q1'26: -1.0% (vs Q1'25)
  • Share dilution Computer Hardware: +0.0%
    -12.7% Q1'26: +0.4% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Computer Hardware: -0.55×
    8.72× Q1'26: 16.26× (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 (0.80) × ERP
WACC = 36% × Ke + 64% × Kd (4.2%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 5.28 Current price: 21.95
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 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Dec 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
3.09B
est: 3.10B (-0.5%)
3.48B
est: 3.51B (-0.8%)
3.88B
est: 3.90B (-0.3%)
4.03B
est: 4.04B (-0.3%)
5.25B
est: 5.31B (-1.0%)
4.24B
est: 5.50B (-22.8%)
3.98B
est: 3.10B (+28.2%)
5.14B
est: 3.51B (+46.4%)
3.51B
3.51B – 3.51B
+0.0% YoY
3.90B
3.90B – 3.90B
+11.0% YoY
4.04B
4.04B – 4.04B
+3.8% YoY
5.31B
5.31B – 5.31B
+31.2% YoY
5.50B
5.50B – 5.50B
+3.6% YoY
EBITDA
137.92M
est: 263.20M (-47.6%)
194.88M
est: 297.60M (-34.5%)
212.80M
est: 330.27M (-35.6%)
230.06M
est: 342.91M (-32.9%)
734.38M
est: 450.00M (+63.2%)
427.51M
est: 466.11M (-8.3%)
134.62M
est: 215.56M (-37.6%)
324.01M
est: 243.73M (+32.9%)
243.73M
243.73M – 243.73M
+0.0% YoY
270.49M
270.49M – 270.49M
+11.0% YoY
280.84M
280.84M – 280.84M
+3.8% YoY
368.55M
368.55M – 368.55M
+31.2% YoY
381.75M
381.75M – 381.75M
+3.6% YoY
EBIT
78.29M
est: 134.44M (-41.8%)
135.46M
est: 152.01M (-10.9%)
140.56M
est: 168.69M (-16.7%)
101.73M
est: 175.15M (-41.9%)
603.26M
est: 229.85M (+162.5%)
281.02M
est: 238.08M (+18.0%)
-79.53M
est: 74.97M (-206.1%)
97.91M
est: 84.77M (+15.5%)
84.77M
84.77M – 84.77M
+0.0% YoY
94.08M
94.08M – 94.08M
+11.0% YoY
97.68M
97.68M – 97.68M
+3.8% YoY
128.18M
128.18M – 128.18M
+31.2% YoY
132.77M
132.77M – 132.77M
+3.6% YoY
Net Income
81.91M
est: 78.87M (+3.9%)
115.84M
est: 113.04M (+2.5%)
133.33M
est: 132.10M (+0.9%)
84.74M
est: 85.44M (-0.8%)
456.95M
est: 472.55M (-3.3%)
217.18M
est: 427.86M (-49.2%)
-97.65M
est: 68.87M (-241.8%)
53.76M
est: 98.71M (-45.5%)
98.71M
98.71M – 98.71M
+0.0% YoY
115.35M
115.35M – 115.35M
+16.9% YoY
74.61M
74.61M – 74.61M
-35.3% YoY
412.62M
412.62M – 412.62M
+453.1% YoY
373.60M
373.60M – 373.60M
-9.5% YoY
SGA
857.54M
est: 808.88M (+6.0%)
932.74M
est: 914.59M (+2.0%)
1.03B
est: 1.02B (+1.3%)
999.26M
est: 1.05B (-5.2%)
1.18B
est: 1.38B (-14.6%)
986.11M
est: 1.43B (-31.2%)
1.20B
est: 832.71M (+43.9%)
1.35B
est: 941.54M (+43.7%)
941.54M
941.54M – 941.54M
+0.0% YoY
1.04B
1.04B – 1.04B
+11.0% YoY
1.08B
1.08B – 1.08B
+3.8% YoY
1.42B
1.42B – 1.42B
+31.2% YoY
1.47B
1.47B – 1.47B
+3.6% YoY
EPS
1.16
est: 1.09 (+6.3%)
1.64
est: 1.56 (+4.9%)
1.85
est: 1.83 (+1.2%)
1.16
est: 1.18 (-1.9%)
6.42
est: 6.54 (-1.8%)
3.06
est: 5.92 (-48.3%)
-1.35
est: 1.09 (-223.7%)
0.74
est: 1.56 (-52.7%)
1.56
1.56 – 1.56
+0.0% YoY
1.83
1.83 – 1.83
+16.9% YoY
1.18
1.18 – 1.18
-35.3% YoY
6.54
6.54 – 6.54
+453.1% YoY
5.92
5.92 – 5.92
-9.5% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-20 B 3/5 4/5 3/5 3/5 1/5 2/5 4/5
2026-05-19 B 3/5 4/5 3/5 3/5 1/5 2/5 4/5
2026-05-18 B 3/5 4/5 3/5 3/5 1/5 2/5 4/5
2026-05-15 B 3/5 4/5 3/5 3/5 1/5 2/5 4/5
2026-05-14 B 3/5 4/5 3/5 3/5 1/5 2/5 4/5
2026-05-13 B 3/5 4/5 3/5 3/5 1/5 2/5 4/5
2026-05-12 B 3/5 4/5 3/5 3/5 1/5 2/5 4/5
2026-05-11 B 3/5 4/5 3/5 3/5 1/5 2/5 4/5
2026-05-08 B+ 3/5 4/5 3/5 3/5 1/5 2/5 5/5
2026-05-07 B+ 3/5 4/5 3/5 3/5 1/5 2/5 5/5
2026-05-06 B+ 3/5 4/5 3/5 3/5 1/5 2/5 5/5
2026-05-05 B 3/5 4/5 2/5 3/5 1/5 2/5 5/5
2026-05-04 B 3/5 4/5 2/5 3/5 1/5 2/5 5/5
2026-04-30 B 3/5 4/5 2/5 3/5 1/5 2/5 5/5
2026-04-29 B 3/5 4/5 2/5 3/5 1/5 2/5 5/5
2026-04-28 B 3/5 4/5 2/5 3/5 1/5 2/5 5/5
2026-04-27 B 3/5 4/5 2/5 3/5 1/5 2/5 5/5
2026-04-24 B 3/5 4/5 2/5 3/5 1/5 2/5 4/5
2026-04-23 B 3/5 4/5 2/5 3/5 1/5 2/5 4/5
2026-04-22 B 3/5 4/5 2/5 3/5 1/5 2/5 4/5
2026-04-21 B 3/5 4/5 2/5 3/5 1/5 2/5 4/5
2026-04-20 B 3/5 4/5 2/5 3/5 1/5 2/5 4/5
2026-04-17 B 3/5 4/5 2/5 3/5 1/5 2/5 4/5
2026-04-16 B 3/5 4/5 2/5 3/5 1/5 2/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
37.93M
OE per share TTM
0.52
Owner's Yield
2.62%
Maintenance CapEx ratio
85.31%
Maint CapEx / Avg PPE
10.4%

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 3 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 33.4K 0.28%
2 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.00% 13.8K 0.39%
3 Avantis Emerging Markets Equity ETF AVEM 0.00% 72.73 0.33%

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
240.0K
Shares Outstanding
72.46M

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
Pei-Shi Lin GM & Chairman 8M male
Chien-Ming Pan Director & President of Business Division 7M male
Wei-Ssu Li Vice President of Business Division 5M male
Hung-Wen Su Vice President of Business Division 5M male
Chien-Pang Liu Deputy General Manager of Finance Department 4M male
Chuan-Chiu Liu Deputy General Manager of Business Department 3M male
Change-Te Chen Deputy Manager of Legal Affairs Group
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