Zyxel Group Corporation (3704.TW)
Hsinchu City, TW
Zyxel Group Corporation, along with its subsidiaries, specializes in providing comprehensive networking solutions tailored for telecommunications providers, small and medium-sized businesses (SMEs), and modern digital home setups. The company's reach extends across the United States, France, and various international markets. Its operations are strategically divided into four main segments: Brand Business, Channel Business, Product Business, and Investment. The Brand Business division is responsible for furnishing complete broadband access solutions to telecommunication service carriers and delivering localized support services directly to customers. The Channel Business unit concentrates on growing its distribution channels and supplying both enterprise and residential users with an array of products and application services. Within the Product Business segment, Zyxel undertakes product development for clients, offers logistical support, and manufactures components for wired and wireless broadband communication networks, internet infrastructure, multimedia devices, and digital home applications. Lastly, the Investment segment handles the company's general investment activities. Beyond these core segments, Zyxel is also engaged in the research, engineering, production, and sale of a wide variety of communication and networking equipment. Its service portfolio further includes consultant management, network technology transfer, and expert technical advisory services, complemented by information security products. The company's offerings are distributed under the Zyxel and MitraStar DMS brands. Previously known as Unizyx Holding Corporation, the firm officially changed its name to Zyxel Group Corporation in June 2023. Zyxel Group Corporation was founded in 1989 and is headquartered in Hsinchu City, Taiwan.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.75% | +3.56% | +8.49% | +8.33% | +2.82% | +13.75% | +20.93% | -11.97% | +19.97% | +101.22% | +25.30% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
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.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 1 | 0 |
| Buy | 1 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
-
Revenue growth Communication Equipment: +9.8%-2.6% Q1'26: -10.3% (vs Q1'25)
-
EPS growth Communication Equipment: +36.4%+10.6% Q1'26: -58.6% (vs Q1'25)
-
FCF margin FCF growth · Communication Equipment: +59.0%-1.9% Q1'26: -10.2% (vs Q1'25)
-
EBIT margin Communication Equipment: +4.7%+3.4% Q1'26: +1.8% (vs Q1'25)
-
ROIC Communication Equipment: +3.7%+5.3% ★ Q1'26: +3.7% (vs Q1'25)
-
Share dilution Communication Equipment: +0.0%+1.0% Q1'26: -1.6% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Communication Equipment: -1.04×2.76× Q1'26: 4.28× (vs Q1'25)
* 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.
| 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 2 Rev. Ana. 1 EPS Ana. |
Dec 2027 1 Rev. Ana. 1 EPS Ana. |
Dec 2028 1 Rev. Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
21.39B
est: 21.30B (+0.4%)
|
22.45B
est: 22.62B (-0.8%)
|
19.14B
est: 19.14B (+0.0%)
|
22.22B
est: 22.22B (0.0%)
|
24.03B
est: 27.77B (-13.5%)
|
22.25B
est: 20.97B (+6.1%)
|
25.68B
est: 25.56B (+0.5%)
|
30.52B
est: 30.52B (0.0%)
|
30.38B
est: 26.47B (+14.8%)
|
25.97B
est: 25.73B (+0.9%)
|
25.30B
est: 25.27B (+0.1%)
|
28.53B
27.49B – 29.57B
+12.9% YoY
|
29.56B
29.04B – 30.08B
+3.6% YoY
|
33.22B
32.63B – 33.80B
+12.4% YoY
|
| EBITDA |
-158.22M
est: 1.46B (-110.9%)
|
890.64M
est: 1.55B (-42.4%)
|
-270.72M
est: 1.31B (-120.7%)
|
-245.24M
est: 1.52B (-116.1%)
|
368.63M
est: 1.90B (-80.6%)
|
1.56B
est: 1.43B (+9.1%)
|
1.84B
est: 1.75B (+5.4%)
|
2.49B
est: 2.09B (+19.4%)
|
2.10B
est: 1.72B (+22.2%)
|
1.27B
est: 1.67B (-24.1%)
|
1.36B
est: 1.64B (-17.3%)
|
1.86B
1.79B – 1.92B
+12.9% YoY
|
1.92B
1.89B – 1.96B
+3.6% YoY
|
2.16B
2.12B – 2.20B
+12.4% YoY
|
| EBIT |
-462.12M
est: 1.13B (-141.0%)
|
493.83M
est: 1.20B (-58.7%)
|
-579.05M
est: 1.01B (-157.2%)
|
-579.83M
est: 1.18B (-149.3%)
|
429.0K
est: 1.47B (-100.0%)
|
1.20B
est: 1.11B (+8.2%)
|
1.47B
est: 1.35B (+8.6%)
|
2.06B
est: 1.61B (+28.0%)
|
1.64B
est: 1.30B (+26.9%)
|
803.87M
est: 1.26B (-36.2%)
|
866.62M
est: 1.24B (-29.9%)
|
1.40B
1.35B – 1.45B
+12.9% YoY
|
1.45B
1.42B – 1.47B
+3.6% YoY
|
1.63B
1.60B – 1.65B
+12.4% YoY
|
| Net Income |
-625.04M
est: -530.57M (-17.8%)
|
282.80M
est: 186.40M (+51.7%)
|
-569.75M
est: -525.65M (-8.4%)
|
-596.49M
est: -603.94M (+1.2%)
|
106.75M
est: 107.37M (-0.6%)
|
827.94M
est: 818.67M (+1.1%)
|
1.10B
est: 1.17B (-6.1%)
|
1.62B
est: 1.66B (-2.2%)
|
1.34B
est: 749.97M (+78.8%)
|
569.65M
est: 427.08M (+33.4%)
|
634.14M
est: 685.75M (-7.5%)
|
1.15B
1.14B – 1.24B
+68.1% YoY
|
1.33B
1.30B – 1.36B
+15.4% YoY
|
—
— – —
-100.0% YoY
|
| SGA |
2.92B
est: 2.56B (+13.9%)
|
2.96B
est: 2.72B (+8.7%)
|
2.92B
est: 2.30B (+26.8%)
|
3.05B
est: 2.68B (+13.9%)
|
3.07B
est: 3.34B (-8.0%)
|
2.89B
est: 2.52B (+14.5%)
|
2.92B
est: 3.08B (-5.2%)
|
3.23B
est: 3.67B (-12.2%)
|
3.46B
est: 3.27B (+5.8%)
|
3.61B
est: 3.18B (+13.3%)
|
3.70B
est: 3.12B (+18.4%)
|
3.53B
3.40B – 3.66B
+12.9% YoY
|
3.66B
3.59B – 3.72B
+3.6% YoY
|
4.11B
4.04B – 4.18B
+12.4% YoY
|
| EPS |
-1.50
est: -1.32 (-13.6%)
|
0.72
est: 0.46 (+55.2%)
|
-1.47
est: -1.31 (-12.4%)
|
-1.54
est: -1.50 (-2.5%)
|
0.28
est: 0.27 (+4.8%)
|
2.13
est: 2.04 (+4.6%)
|
2.49
est: 2.91 (-14.3%)
|
3.87
est: 4.07 (-4.9%)
|
3.38
est: 1.87 (+80.9%)
|
1.41
est: 1.05 (+34.0%)
|
1.56
est: 1.69 (-7.7%)
|
2.93
2.80 – 3.05
+73.1% YoY
|
3.28
3.21 – 3.35
+12.1% YoY
|
—
— – —
-100.0% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | B | 3/5 | 2/5 | 3/5 | 3/5 | 2/5 | 2/5 | 4/5 |
| 2026-05-11 | B | 3/5 | 2/5 | 3/5 | 3/5 | 2/5 | 2/5 | 4/5 |
| 2026-05-08 | B | 3/5 | 2/5 | 3/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-05-07 | B | 3/5 | 2/5 | 3/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-05-06 | B | 3/5 | 2/5 | 3/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-05-05 | B | 3/5 | 2/5 | 3/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-05-04 | B | 3/5 | 2/5 | 3/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-30 | B | 3/5 | 2/5 | 3/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-29 | B | 3/5 | 2/5 | 3/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-28 | B | 3/5 | 2/5 | 3/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-27 | B | 3/5 | 2/5 | 3/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-24 | B | 3/5 | 2/5 | 2/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-23 | B | 3/5 | 2/5 | 2/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-22 | B | 3/5 | 2/5 | 2/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-21 | B | 3/5 | 2/5 | 2/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-20 | B | 3/5 | 2/5 | 2/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-17 | B | 3/5 | 2/5 | 2/5 | 3/5 | 2/5 | 3/5 | 4/5 |
| 2026-04-16 | B | 3/5 | 2/5 | 2/5 | 3/5 | 2/5 | 3/5 | 4/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | iShares Digital Security UCITS ETF IS4S.DE | 0.09% | 1.55M | 0.40% |
| 2 | iShares Digital Security UCITS ETF LOCK.L | 0.09% | 1.55M | 0.40% |
| 3 | iShares Smart City Infrastructure UCITS ETF CITY.AS | 0.06% | 253.2K | 0.40% |
| 4 | iShares Smart City Infrastructure UCITS ETF CT2B.AS | 0.06% | 29.9K | 0.40% |
| 5 | State Street SPDR S&P Emerging Markets Small Cap ETF EWX | 0.04% | 249.2K | 0.65% |
| 6 | Avantis Emerging Markets Small Cap Equity ETF AVEE | 0.02% | 20.1K | 0.42% |
| 7 | Dimensional - Emerging Markets Value ETF DFEV | 0.01% | 262.4K | 0.46% |
| 8 | Dimensional Emerging Markets Sustainability Core 1 ETF DFSE | 0.01% | 77.1K | 0.44% |
| 9 | Dimensional - Emerging Markets ex China Core Equity ETF DEXC | 0.01% | 37.1K | 0.56% |
| 10 | Vanguard FTSE All-World ex-US Small-Cap ETF VSS | 0.01% | 1.42M | 0.06% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Woei Lo | Senior Vice President, Chief Financial Officer & Chief Corporate Governance Officer | 4M | male |
| Jessica Chen | Senior Manager of Internal Auditing Office | 2M | female |
| Denise Lin | Chief Operating Officer & Chief Sustainability Officer | — | female |
| Karsten Gewecke | President of Zyxel | — | male |
| Wei Luo | Accounting Supervisor | — | — |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for 3704.TW
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
