Giga-Byte Technology Co., Ltd. (2376.TW) stock analysis

In our weekly check, Giga-Byte Technology Co., Ltd. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 14 pass, warnings: 4, red flags: 7.

About Giga-Byte Technology Co., Ltd.

Giga-Byte Technology Co., Ltd. is a Technology company (Computer Hardware) based in Taiwan, listed on TAI as 2376.TW.

What our checks show for 2376.TW

Red flags

• The net margin fell by 6.7 points over 5 years, to 4.3%: the company keeps less of each sale as profit.
• The gross margin fell by 13.9 points, to 10.4%: costs are rising faster than prices.
• Operating cash flow is negative while the company reports a profit: the profit does not arrive as cash.
• The net margin is only 4.3%: little room if costs rise.
• Free cash flow is negative (-19.5% of revenue): the business spends more cash than it brings in.
• The stock has fallen as much as 68% from a peak. Would you have held through that?
• Pay in shares equals 0% of free cash flow: it dilutes shareholders.

Warning signs

• Net debt is 3.3x a year of EBITDA (debt/equity 1.77). That limits room in a downturn and raises refinancing risk.
• Analysts expect the net margin to shrink by 1 points from today's 4.3%.
• The price swings a lot: 42.1% annual volatility. Expect large ups and downs.
• The share count grew by 14.8% in 2 years: each shareholder owns a smaller slice.

Strengths

• Operating profit covers interest 11.1 times over.
• Analysts expect earnings per share to grow about 20.5% a year over the next years.
• Analysts expect revenue to grow about 33% a year over the next years.
• Revenue grew 57.4% a year over the last 3 years.
• Earnings per share grew 37.4% a year over the last 3 years.
• Net profit grew 39.9% a year over the last 3 years.

Next earnings report: 2026-11-13

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Questions

What grade does Giga-Byte Technology Co., Ltd. (2376.TW) have?

In our weekly check, Giga-Byte Technology Co., Ltd. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 14 pass, warnings: 4, red flags: 7. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 2376.TW stock?

This week's biggest flags for Giga-Byte Technology Co., Ltd.: Margins falling, Gross margin falling, Profits not backed by cash. In total 11 of 25 checks show a warning or a red flag.

What does Giga-Byte Technology Co., Ltd. do?

Giga-Byte Technology Co., Ltd. is a Technology company (Computer Hardware) based in Taiwan, listed on TAI as 2376.TW.

When does Giga-Byte Technology Co., Ltd. report earnings next?

The next earnings report is expected on 2026-11-13. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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