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Gemtek Technology Co., Ltd. (4906.TW)

TWD38.80 +1.20 (+3.19%)
TW TAI Technology Communication Equipment
Address No. 15-1 Zhonghua Road
Hsinchu City, TW
CEO Chang Li Rong
IPO 2003-07-01
ISIN TW0004906003

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Description

Gemtek Technology Co., Ltd., established in 1988 and based in Hsinchu, Taiwan, is a global company specializing in the full lifecycle of wireless communication technologies, from development and manufacturing to sales. Its extensive product range includes wireless broadband solutions like portable LTE routers, indoor and outdoor Customer Premises Equipment (CPE), and small cell base stations, which cater to individual users, households, businesses, and industrial clients. The company also supplies fixed-line broadband infrastructure, such as Passive Optical Network (PON) systems, xDSL/G.fast technologies, and DPU. Furthermore, Gemtek develops connected smart home devices, including seamless Wi-Fi systems, ViTA smart controllers, and various intelligent sensors. It actively engages in LoRa-based Internet of Things (IoT) technologies and communication standards. Beyond its product offerings, Gemtek provides both joint design and manufacturing (JDM) and contract manufacturing services, alongside specialized IoT network services, such as device configuration management systems. Its portfolio is further rounded out by smart Mesh Wi-Fi systems, integrated vertical solutions, LTE small cell systems, and comprehensive IoT protocol solutions.

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
TWD38.80 +1.20 (+3.19%)
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Volume Profile
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Liquidity & share structure
Average Volume
29M
Beta
0.14
Float Shares
404.73M
Free Float %
94.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-3.04% +0.92% -4.73% +41.33% +42.91% +42.64% +40.55% +27.03% +36.06% +133.54% +23.07%
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
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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
38.80
DCF (Unlevered) 66.83 +72.2%
DCF (Levered) 92.13 +137.4%

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) 100% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
2.65
Grey zone
Piotroski F-Score
4 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
B-
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Communication Equipment: +9.8%
    -35.7% Q1'26: -39.6% (vs Q1'25)
  • EPS growth Communication Equipment: +36.4%
    -117.1% Q1'26: -328.6% (vs Q1'25)
  • FCF margin FCF growth · Communication Equipment: +59.0%
    +13.4% Q1'26: -21.5% (vs Q1'25)
  • EBIT margin Communication Equipment: +4.7%
    +0.4% Q1'26: -6.6% (vs Q1'25)
  • ROIC Communication Equipment: +3.7%
    +0.8% Q1'26: -9.2% (vs Q1'25)
  • Share dilution Communication Equipment: +0.0%
    -6.4% Q1'26: -3.5% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Communication Equipment: -1.04×
    3.27× Q1'26: -33.73× (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 (-0.14) × ERP
WACC = 87% × Ke + 13% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 64.95 Current price: 38.80
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
1 Rev. Ana.
1 EPS Ana.
Revenue
17.53B
est: 17.41B (+0.7%)
14.51B
est: 14.65B (-0.9%)
13.58B
est: 13.48B (+0.7%)
17.33B
est: 17.20B (+0.8%)
18.06B
est: 18.06B (0.0%)
19.93B
est: 19.94B (-0.1%)
22.91B
est: 22.86B (+0.2%)
27.90B
est: 28.24B (-1.2%)
26.14B
est: 25.43B (+2.8%)
25.63B
est: 25.65B (-0.1%)
16.49B
est: 17.06B (-3.3%)
18.94B
18.94B – 18.94B
+11.0% YoY
EBITDA
760.30M
est: 1.16B (-34.6%)
1.08B
est: 978.06M (+10.2%)
756.40M
est: 900.43M (-16.0%)
394.27M
est: 1.15B (-65.7%)
693.51M
est: 1.21B (-42.5%)
2.02B
est: 1.33B (+51.9%)
1.23B
est: 1.53B (-19.5%)
1.57B
est: 1.89B (-16.9%)
1.51B
est: 1.41B (+7.1%)
1.66B
est: 1.42B (+16.8%)
738.77M
est: 945.56M (-21.9%)
1.05B
1.05B – 1.05B
+11.0% YoY
EBIT
315.68M
est: 760.60M (-58.5%)
722.95M
est: 639.98M (+13.0%)
359.69M
est: 589.18M (-39.0%)
59.80M
est: 751.42M (-92.0%)
337.52M
est: 789.08M (-57.2%)
1.60B
est: 871.43M (+84.1%)
754.26M
est: 998.70M (-24.5%)
1.00B
est: 1.23B (-18.8%)
843.56M
est: 720.26M (+17.1%)
945.37M
est: 726.53M (+30.1%)
59.98M
est: 483.16M (-87.6%)
536.40M
536.40M – 536.40M
+11.0% YoY
Net Income
206.67M
est: 381.63M (-45.8%)
567.07M
est: 717.82M (-21.0%)
311.94M
est: 564.11M (-44.7%)
-22.80M
est: 54.52M (-141.8%)
201.19M
est: 439.18M (-54.2%)
1.37B
est: 1.72B (-20.1%)
679.79M
est: 615.60M (+10.4%)
664.68M
est: 595.16M (+11.7%)
609.15M
647.27M
est: 614.61M (+5.3%)
-108.33M
est: -157.37M (+31.2%)
-80.81M
-80.81M – -80.81M
+48.6% YoY
SGA
904.55M
est: 793.43M (+14.0%)
859.74M
est: 667.60M (+28.8%)
755.78M
est: 614.61M (+23.0%)
794.90M
est: 783.86M (+1.4%)
883.33M
est: 823.14M (+7.3%)
922.71M
est: 909.04M (+1.5%)
951.09M
est: 1.04B (-8.7%)
1.21B
est: 1.29B (-5.7%)
1.19B
est: 1.19B (+0.0%)
1.31B
est: 1.20B (+9.5%)
855.17M
est: 796.46M (+7.4%)
884.23M
884.23M – 884.23M
+11.0% YoY
EPS
0.69
est: 0.84 (-17.9%)
1.89
est: 1.58 (+19.6%)
1.01
est: 1.24 (-18.7%)
-0.07
est: 0.12 (-158.3%)
0.57
est: 0.97 (-41.0%)
3.86
est: 3.78 (+2.3%)
1.89
est: 1.36 (+39.5%)
1.70
est: 1.31 (+29.8%)
1.55
1.56
est: 1.45 (+8.0%)
-0.25
est: -0.37 (+32.4%)
-0.19
-0.19 – -0.19
+48.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-05-08 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-05-07 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-05-06 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-05-05 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-05-04 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-04-30 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-04-29 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-04-28 B- 3/5 5/5 1/5 1/5 2/5 1/5 5/5
2026-04-27 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-04-24 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-04-23 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-04-22 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-04-21 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-04-20 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-04-17 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-04-16 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5
2026-04-15 B- 2/5 5/5 1/5 1/5 2/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
448.79M
OE per share TTM
0.96
Owner's Yield
2.62%
Maintenance CapEx ratio
915.02%
Maint CapEx / Avg PPE
16.5%

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 27 ETFs in our universe

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
11.6K
Shares Outstanding
427.59M

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
Chang Li Rong General Manager
Cheng-Jen Yang Co-Founder
Chih Hung Lin Chief Financial Officer
Fu Tsan Tsai Senior Deputy GM & Director male
Fu-Ming Yeh Chief Technology Officer male
James Li Chief Marketing Officer
Jheng Ren Yang Founder & Director male
Ming Hua Li IT Division Vice Director & Supervisor of Information Security
Rong Chang Li GM & President male
Wang King Chief Operating Officer
Zhi-Hong Lin Chief Accounting Supervisor
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