2368.TW

BuyPremium Grower

Gold Circuit Electronics Ltd. · Technology · Taiwan · $17.8B

TWD 1,285.00 +3.2% · close 8 Oct · scored 9 Oct

StockRank up 3.5 since 8 Oct: Momentum up 4 after a 3% price rise.

Premium Grower: Strong business with the market behind it, priced at a premium.

Read our full research report on 2368.TW (Oct 2026), free
72
StockRank
Get score and insider alerts
Quality
70
Value
26
Momentum
69

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

P/E (TTM)
39.4x
peers 24.4x
ROE
46.0%
peers 10.4%
D/E
0.3x
peers 0.2x
Dividend %
0.9%
trailing yield

ABOUT GOLD CIRCUIT ELECTRONICS LTD.

Read

Gold Circuit Electronics Ltd. manufactures printed circuit boards (PCBs), specializing in multi-layer and high-density interconnect (HDI) PCBs for various applications. It is a well-established PCB manufacturer in Taiwan, known for its advanced manufacturing capabilities and ability to produce complex, high-performance boards. Gold Circuit Electronics is a critical supplier within the global electronics supply chain, providing essential components for advanced electronic devices.

FINANCIAL SUMMARY (TWD)

Year20212022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue—32.8B30.0B39.0B60.0B22.3%78.1B106.4B147.9B57.0%
EPS (TWD)5.418.867.2511.5419.2137.3%28.2241.2265.8185.1%
Shares—486.7M486.7M486.7M500.0M+2.7%513.8M———
Debt—5.5B5.2B7.3B18.1B48.3%14.1B———
Equity—14.3B16.8B21.3B33.5B32.7%————
Op CF—4.4B5.3B5.6B2.3B-20.2%9.2B———
Inv CF—-1.4B-1.7B-5.2B-7.0B—————
Fin CF—-816.0M-1.3B322.9M13.2B—————
Loading 1Y...
PRICE (1Y) · TWD+27.2%
9501,0341,1181,2011,28526 Aug16 Sep8 Oct
SMA 50SMA 200

Price checkExperimental
SwingsVery bumpy

Swung more than 83% of stocks we rank over the past year (70% a year).

How this is worked out

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 1,285.00
RSI (14)
77.3
52-Week Range-18.1% from high
Low TWD 385.77High TWD 1,568.90

SCORE BREAKDOWN

Quality
70
ROIC
35.0%95.6
ROE
46.0%95.8
GP/Assets
35.6%75.6
Op. Margin
26.4%89.8
FCF/Assets
2.7%49.9
Piotroski
538.9
Int. Cover
50.0x85.2
D/E Ratio
0.33x38.0
Current Ratio
1.66x38.8
Value
26
P/E (TTM)
39.4x38.8
EV/EBITDA
25.4x37.4
P/FCF
278.9x7.8
P/B
13.4x8.6
P/S
7.3x24.6
Div Yield
0.9%38.6
Momentum
69
52W High %
82%74.4
RS 6M
-12%46.6
SMA 50/200
1.03x58.4
EPS Rev 4W
+2.3%92.2
EPS Rev 12W
+8.7%82.6
EPS Improve
+134%68.3
Q Growth
182%80.7

FUNDAMENTALS

Market Cap
$17.8B
P/E (Forward)
16.8x
Gross Margin
34.7%

SECTOR PEERS

Closest peers in Technology, ranked by industry match, size, and score similarity. Cross-listings of 2368.TW are excluded.

TickerCompanyMkt CapStockRankSignal
2368.TWGold Circuit Electronics Ltd.(you)$17.8B72Buy
8046.TWNan Ya Printed Circuit Board Corporation$25.2B64Hold
3481.TWInnolux Corporation$12.4B58Hold
3008.TWLargan Precision Co., Ltd.$25.7B86Strong Buy
3653.TWJentech Precision Industrial Co., Ltd$32.0B82Strong Buy
3036.TWWT Microelectronics Co., Ltd.$8.3B80Strong Buy
2313.TWCompeq Manufacturing Co., Ltd.$8.6B60Hold
6213.TWITEQ Corporation$6.8B64Hold
2383.TWElite Material Co., Ltd.$56.9B75Buy
2327.TWYageo Corporation$37.5B59Hold

Peer medians: ROE 10.4% · P/E 24.4x · Gross margin 24.3%

Company Deep Dive

Read the full research report: business segments breakdown, earnings transcripts review, management credibility analysis, competitive landscape, and scenarios.

View Deep Dive

Gold Circuit Electronics Ltd. (2368.TW): Stock Score Summary

Gold Circuit Electronics Ltd. (2368.TW) has a MoatMap StockRank of 72/100 based on Quality (70/100), Value (26/100), and Momentum (69/100) factor scores. The current signal is BUY.

Gold Circuit Electronics Ltd. manufactures printed circuit boards (PCBs), specializing in multi-layer and high-density interconnect (HDI) PCBs for various applications. It is a well-established PCB manufacturer in Taiwan, known for its advanced manufacturing capabilities and ability to produce complex, high-performance boards. Gold Circuit Electronics is a critical supplier within the global electronics supply chain, providing essential components for advanced electronic devices.

Key Financial Metrics

PriceTWD 1,285.00
Market Cap$17.8B
P/E (TTM)39.37
P/E (Forward)16.79
Price/Book13.41
Return on Equity46.0%
Return on Invested Capital35.0%
Debt/Equity0.33x
Gross Margin34.7%
Operating Margin26.4%
Revenue Growth75.3%
Dividend Yield0.9%
Free Cash Flow$64M

Gold Circuit Electronics Ltd. operates in the Electronic Components industry, part of the Technology sector (Taiwan).

Frequently Asked Questions

What is Gold Circuit Electronics Ltd.’s (2368.TW) StockRank?
MoatMap’s StockRank for Gold Circuit Electronics Ltd. (2368.TW) is 72/100, with a Buy signal. It is a composite of Quality (70), Value (26), and Momentum (69) factor ranks across MoatMap’s universe of 24,000+ stocks.
Does Gold Circuit Electronics Ltd. have an economic moat?
Gold Circuit Electronics Ltd. (2368.TW) has a Quality factor score of 70/100. 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 Gold Circuit Electronics Ltd. a buy, hold, or sell?
MoatMap’s current signal for Gold Circuit Electronics Ltd. (2368.TW) is Buy, based on a StockRank of 72/100. 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 Gold Circuit Electronics Ltd. in?
Gold Circuit Electronics Ltd. (2368.TW) operates in the Technology sector, specifically the Electronic Components industry (Taiwan).