2332.TW

HoldHot Air

D-Link Corporation · Technology · Taiwan · $378M cap · $5.4M/day traded

TWD 20.55 +0.7% · close 28 Oct · scored 29 Oct

Hot Air: Rising on momentum alone: weak business, rich price.

38
StockRank
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Quality
35
Value
33
Momentum
61

As of 29 Oct 2026, MoatMap's StockRank for D-Link Corporation (2332.TW) is 38/100, ranked against 24,000+ stocks in 35 markets (Quality 35, Value 33, Momentum 61, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
—
peers 24.5x
ROE
-1.5%
peers 10.7%
D/E
0.1x
peers 0.2x
Dividend %
—
trailing yield

ABOUT D-LINK CORPORATION

Read

D-Link Corporation is a globally recognized pioneer in the design and manufacture of networking, broadband, and wireless communication solutions for consumers and enterprises. The company's extensive product portfolio includes Wi-Fi routers, network switches, IP surveillance cameras, and cloud-based network management software. With a brand presence in over 100 countries, D-Link leverages its global distribution channels and continuous innovation in smart home and IoT technologies to maintain its market-leading position.

FINANCIAL SUMMARY (TWD)

Year20212022202320242025CAGRTTM
Revenue—17.1B15.9B14.4B13.4B-7.8%13.9B
EPS (TWD)0.380.180.950.06-0.90-46.0%-0.47
Shares—599.8M597.4M597.0M596.8M-0.5%596.7M
Debt—456.0M1.1B873.0M1.0B31.6%1.0B
Equity—8.9B9.1B9.0B8.3B-2.4%—
Op CF—193.2M1.1B1.2B-211.6M146.5%-546.5M
Inv CF—92.7M1.2B-353.2M-703.2M——
Fin CF—-355.3M-682.0M-773.2M-162.2M——
Loading 1Y...
PRICE (1Y) · TWD+8.2%
18.819.420.120.721.411 Sep6 Oct28 Oct
SMA 50SMA 200

Price checkNo clear trendExperimental

No clear trend: not near its 52-week low, and not in a steady uptrend.

SwingsBumpy

Swung more than 63% of stocks we rank over the past year (50% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
TWD 20.55
RSI (14)
51.2
52-Week Range-22.3% from high
Low TWD 13.45High TWD 26.45

SCORE BREAKDOWN

Quality
35
ROIC
0.8%26.3
ROE
-1.5%23.8
GP/Assets
21.3%52.8
Op. Margin
1.8%32.5
FCF/Assets
-4.4%22.7
Piotroski
38.1
Int. Cover
3.0x31.2
D/E Ratio
0.10x63.6
Current Ratio
2.46x63.1
Value
33
P/E (TTM)
—N/A
EV/EBITDA
168.2x4.2
P/FCF
—N/A
P/B
1.5x76.6
P/S
0.9x80.5
Div Yield
—N/A
Momentum
61
52W High %
78%71.6
RS 6M
24%79.3
SMA 50/200
1.14x79.2
EPS Rev 4W
-0.1%39.7
EPS Rev 12W
-1.3%17.3
EPS Improve
+164%74.8
Q Growth
—N/A

FUNDAMENTALS

Market Cap
$378M
P/E (Forward)
68.8x
Gross Margin
24.7%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 2332.TW are excluded.

TickerCompanyMkt CapStockRankSignal
2332.TWD-Link Corporation(you)$378M38Hold
7717.TWOLightel Corporation$356M37Hold
6190.TWOWonderful Hi-tech Co., Ltd.$362M45Hold
6820.TWOAcon Optics Communications Inc.$227M34Sell
3221.TWOTai-Saw Technology Co.,Ltd.$156M37Hold
4906.TWGemtek Technology Co., Ltd.$567M27Sell
3380.TWAlpha Networks Inc.$539M25Sell
2485.TWZinwell Corporation$375M13Strong Sell
2419.TWHitron Technologies Inc.$270M19Strong Sell
5388.TWSercomm Corporation$681M53Hold

Peer medians: ROE 10.7% · P/E 24.5x · Gross margin 25.9%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

D-Link Corporation (2332.TW): Stock Score Summary

D-Link Corporation (2332.TW) has a MoatMap StockRank of 38/100 based on Quality (35/100), Value (33/100), and Momentum (61/100) factor scores. The current signal is HOLD.

D-Link Corporation is a globally recognized pioneer in the design and manufacture of networking, broadband, and wireless communication solutions for consumers and enterprises. The company's extensive product portfolio includes Wi-Fi routers, network switches, IP surveillance cameras, and cloud-based network management software. With a brand presence in over 100 countries, D-Link leverages its global distribution channels and continuous innovation in smart home and IoT technologies to maintain its market-leading position.

Key Financial Metrics

PriceTWD 20.55
Market Cap$378M
P/E (Forward)68.83
Price/Book1.50
Return on Equity-1.5%
Return on Invested Capital0.8%
Debt/Equity0.10x
Gross Margin24.7%
Operating Margin1.8%
Revenue Growth17.0%
Free Cash Flow$-22M

D-Link Corporation operates in the Communication Equipment industry, part of the Technology sector (Taiwan).

Frequently Asked Questions

What is D-Link Corporation’s (2332.TW) StockRank?
MoatMap’s StockRank for D-Link Corporation (2332.TW) is 38/100, with a Hold signal. It is a composite of Quality (35), Value (33), and Momentum (61), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does D-Link Corporation have an economic moat?
D-Link Corporation (2332.TW) has a Quality factor score of 35/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is D-Link Corporation a buy, hold, or sell?
MoatMap’s current signal for D-Link Corporation (2332.TW) is Hold, based on a StockRank of 38/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is D-Link Corporation in?
D-Link Corporation (2332.TW) operates in the Technology sector, specifically the Communication Equipment industry (Taiwan).