Home / 3540.TWO : TWO

AI Analysis Fundamentals Valuation Video Analysis Similar

AI Analysis

How does 3540.TWO make money? Does 3540.TWO have pricing power? What's the Earnings Whisper? Will 3540.TWO profit more as the business scales? What is 3540.TWO's management track record? Is 3540.TWO's current price justified?

Thermaltake Technology Co., Ltd.

TWD 21.9 -$9.20 (-29.58%)

TWO · 15 Sep 2026 05:30 UTC

Previous Close

TWD 22.7

Day Range

TWD 21.9TWD 22.55

Year Range

TWD 18.9TWD 39.6

Market Cap

1.8B

AVG Volume

524.26K

Trailing/Forward PE

24.89/12.31

PEG ratio

1.48

Dividend Yield

1.18%

Next Earnings Date

2026-11-10

Primary Exchange

Taipei Exchange

Revenue (TWD)

3540.TWO Revenue (TWD) by year
Period	Revenue (TWD)
2025	5.14B
2024	3.98B
2023	4.38B
2022	3.19B
2021	4.24B
2020	5.25B
2019	4.03B
2018	3.88B
2017	3.48B
2016	3.09B

Net Income (TWD)

3540.TWO Net Income (TWD) by year
Period	Net Income (TWD)
2025	53.76M
2024	-97.65M
2023	103.76M
2022	13.06M
2021	217.18M
2020	456.95M
2019	84.74M
2018	133.33M
2017	115.84M
2016	81.91M

Operating Income (TWD)

3540.TWO Operating Income (TWD) by year
Period	Operating Income (TWD)
2025	104.12M
2024	-159.91M
2023	188.62M
2022	61.71M
2021	325.17M
2020	627.62M
2019	103.36M
2018	140.56M
2017	136.52M
2016	76.74M

EBITDA (TWD)

3540.TWO EBITDA (TWD) by year
Period	EBITDA (TWD)
2025	324M
2024	134.17M
2023	344.66M
2022	226.25M
2021	427.53M
2020	734.38M
2019	230.06M
2018	212.69M
2017	194.99M
2016	137.97M

Cash Flows (TWD)

3540.TWO Cash Flows (TWD) by year
Period	Cash Flows (TWD)
2025	-8.33M
2024	-365.75M
2023	-107.17M
2022	70.77M
2021	-503.91M
2020	752.37M
2019	-12.4M
2018	-254.02M
2017	286.09M
2016	84.45M

EPS (TWD)

3540.TWO EPS (TWD) by year
Period	EPS (TWD)
2025	0.74
2024	-1.35
2023	1.45
2022	0.16
2021	3.04
2020	6.39
2019	1.16
2018	1.85
2017	1.64
2016	1.18

Expenses (TWD)

3540.TWO Expenses (TWD) by year
Period	Expenses (TWD)
2025	1.55B
2024	1.38B
2023	1.32B
2022	1.09B
2021	1.15B
2020	1.37B
2019	1.16B
2018	1.19B
2017	1.09B
2016	1.02B

Cash & Debt (TWD)

3540.TWO Cash & Debt (TWD) by year
Period	Cash & Debt (TWD)
2025	738.96M
2024	728.56M
2023	716.48M
2022	1.14B
2021	827.19M
2020	1.31B
2019	671.61M
2018	738.3M
2017	856.43M
2016	594.15M

Debt ratios

3540.TWO Debt ratios by year
Period	Debt ratios
2025	2.03
2024	1.68
2023	0.7
2022	0.49
2021	0.5
2020	-0.06
2019	0.55
2018	-0.14

Margins

3540.TWO Margins by year
Period	Margins
2025	30.37%
2024	27.28%
2023	31%
2022	30.48%
2021	34.14%
2020	37.12%
2019	30.18%
2018	33.26%
2017	34.35%
2016	34.15%

Return on Capital

3540.TWO Return on Capital by year
Period	Return on Capital
2025	3.08%
2024	-5.53%
2023	5.69%
2022	0.75%
2021	12.88%
2020	26.23%
2019	6.06%
2018	9.16%
2017	8.74%
2016	6.22%

Shares Outstanding

3540.TWO Shares Outstanding by year
Period	Shares Outstanding
2025	57.21M
2024	72.38M
2023	72.01M
2022	71.36M
2021	71.09M
2020	70.91M
2019	71.76M
2018	71.27M
2017	70.34M
2016	69.83M

Dividends (TWD)

3540.TWO Dividends (TWD) by year
Period	Dividends (TWD)
2026	0.26
2024	0.9
2023	0.3
2022	1.6
2021	3.49
2020	0.71
2019	1.36
2018	1.18
2017	0.91
2016	0.32

Book Value Per Share (TWD)

3540.TWO Book Value Per Share (TWD) by year
Period	Book Value Per Share (TWD)
2025	30.47
2024	24.38
2023	25.34
2022	24.3
2021	23.71
2020	24.57
2019	19.48
2018	20.42
2017	18.85
2016	18.86

Total Assets (TWD)

3540.TWO Total Assets (TWD) by year
Period	Total Assets (TWD)
2025	5.73B
2024	5.21B
2023	4.63B
2022	4.31B
2021	4.15B
2020	4.54B
2019	3.51B
2018	3.2B
2017	2.82B
2016	2.63B

PE Ratio

3540.TWO PE Ratio by year
Period	PE Ratio
Sep 26	77.28
Sep 26	75.41
Sep 26	80.52
Aug 26	78.98
Aug 26	81.03
Aug 26	70.47
Aug 26	70.47
Jul 26	66.22
Jul 26	74.22
Jul 26	72.69
Jul 26	81.54
Jul 26	86.47
Jun 26	25.22
Jun 26	27.14
Jun 26	27.03
Jun 26	27.97
May 26	27.39
May 26	27.19
May 26	27.14
May 26	28.33
Apr 26	28.85
Apr 26	30.87
Apr 26	28.07
Apr 26	27.19
Apr 26	27.97
Mar 26	229.27
Mar 26	238.79
Mar 26	241.68
Mar 26	242.96
Feb 26	254.1
Feb 26	246.28
Feb 26	246.28
Jan 26	260.31
Jan 26	278.51
Jan 26	262.77
Jan 26	274
Jan 26	263.2
Dec 24	70.02
Dec 24	67.99
Dec 24	70.41
Dec 24	76.42
Nov 24	71.19
Nov 24	74.67
Nov 24	72.64
Nov 24	73.32
Nov 24	72.74
Oct 24	73.89
Oct 24	72.92
Oct 24	71.19
Oct 24	73.79
Sep 24	34.99
Sep 24	33.95
Sep 24	33.58
Sep 24	33.53
Aug 24	37.15
Aug 24	34.79
Aug 24	34.42
Aug 24	33.58
Aug 24	37.43
Jul 24	38.89
Jul 24	41.19
Jul 24	44.01
Jul 24	46.74
Jun 24	32.29
Jun 24	33.1
Jun 24	32.29
Jun 24	33.13
May 24	29.89
May 24	29.72
May 24	26.98
May 24	27.05
May 24	27.93
Apr 24	27.93
Apr 24	27.29
Apr 24	30.47
Apr 24	31.75
Mar 24	26.61
Mar 24	27.1
Mar 24	29.73
Mar 24	29.57
Mar 24	25.38
Feb 24	23.35
Feb 24	24.58
Feb 24	23.35
Feb 24	23.89
Jan 24	22.79
Jan 24	22.5
Jan 24	22.66
Jan 24	24.28
Dec 23	24.58
Dec 23	27.28
Dec 23	25.84
Dec 23	25.87
Dec 23	25.7
Nov 23	23.29
Nov 23	22.8
Nov 23	22.19
Nov 23	22.05
Oct 23	22.31
Oct 23	21.1

Free Cash Flow Yield

3540.TWO Free Cash Flow Yield by year
Period	Free Cash Flow Yield
Sep 26	-22.72%
Sep 26	-23.29%
Sep 26	-21.81%
Aug 26	-22.23%
Aug 26	-21.67%
Aug 26	-24.92%
Aug 26	-24.92%
Jul 26	-26.52%
Jul 26	-23.66%
Jul 26	-24.16%
Jul 26	-21.54%
Jul 26	-20.31%
Jun 26	-0.61%
Jun 26	-0.57%
Jun 26	-0.57%
Jun 26	-0.55%
May 26	-0.57%
May 26	-0.57%
May 26	-0.57%
May 26	-0.55%
Apr 26	-0.54%
Apr 26	-0.5%
Apr 26	-0.55%
Apr 26	-0.57%
Apr 26	-0.55%
Mar 26	3.16%
Mar 26	3.04%
Mar 26	3%
Mar 26	2.99%
Feb 26	2.85%
Feb 26	2.95%
Feb 26	2.95%
Jan 26	2.79%
Jan 26	2.6%
Jan 26	2.76%
Jan 26	2.65%
Jan 26	2.76%
Dec 25	11.15%
Dec 25	11.28%
Dec 25	11.36%
Dec 25	11.32%
Nov 25	11.25%
Nov 25	11.77%
Nov 25	10.95%
Nov 25	10.63%
Oct 25	10.61%
Oct 25	10.58%
Oct 25	10.74%
Oct 25	9.82%
Oct 25	9.86%
Sep 25	0.75%
Sep 25	0.71%
Sep 25	0.66%
Sep 25	0.77%
Aug 25	0.74%
Aug 25	0.82%
Aug 25	0.79%
Aug 25	0.81%
Aug 25	0.81%
Jul 25	0.8%
Jul 25	0.79%
Jul 25	0.81%
Jul 25	0.84%
Jun 25	-16%
Jun 25	-16.2%
Jun 25	-15.85%
Jun 25	-15.62%
May 25	-15.23%
May 25	-15.68%
May 25	-15.5%
May 25	-17.02%
May 25	-18.22%
Apr 25	-19.7%
Apr 25	-19.44%
Apr 25	-21.19%
Apr 25	-15.54%
Mar 25	-22.67%
Mar 25	-22.79%
Mar 25	-23.02%
Mar 25	-21.57%
Feb 25	-20.32%
Feb 25	-19.79%
Feb 25	-20.12%
Feb 25	-20.82%
Jan 25	-23.67%
Jan 25	-24.01%
Jan 25	-22.7%
Jan 25	-22.2%
Dec 24	-35.3%
Dec 24	-36.36%
Dec 24	-35.1%
Dec 24	-32.35%
Nov 24	-34.72%
Nov 24	-33.1%
Nov 24	-34.03%
Nov 24	-33.71%
Nov 24	-33.98%
Oct 24	-33.45%
Oct 24	-33.9%
Oct 24	-34.72%

Price to Sales

3540.TWO Price to Sales by year
Period	Price to Sales
Sep 26	0.32
Sep 26	0.32
Sep 26	0.34
Aug 26	0.33
Aug 26	0.34
Aug 26	0.29
Aug 26	0.29
Jul 26	0.28
Jul 26	0.31
Jul 26	0.3
Jul 26	0.34
Jul 26	0.36
Jun 26	0.26
Jun 26	0.28
Jun 26	0.28
Jun 26	0.29
May 26	0.29
May 26	0.28
May 26	0.28
May 26	0.3
Apr 26	0.3
Apr 26	0.32
Apr 26	0.29
Apr 26	0.28
Apr 26	0.29
Mar 26	0.4
Mar 26	0.41
Mar 26	0.42
Mar 26	0.42
Feb 26	0.44
Feb 26	0.43
Feb 26	0.43
Jan 26	0.45
Jan 26	0.48
Jan 26	0.46
Jan 26	0.48
Jan 26	0.46
Dec 25	0.47
Dec 25	0.46
Dec 25	0.46
Dec 25	0.46
Nov 25	0.47
Nov 25	0.44
Nov 25	0.48
Nov 25	0.49
Oct 25	0.49
Oct 25	0.49
Oct 25	0.49
Oct 25	0.53
Oct 25	0.53
Sep 25	0.57
Sep 25	0.61
Sep 25	0.66
Sep 25	0.56
Aug 25	0.59
Aug 25	0.53
Aug 25	0.55
Aug 25	0.53
Aug 25	0.53
Jul 25	0.54
Jul 25	0.54
Jul 25	0.53
Jul 25	0.52
Jun 25	0.57
Jun 25	0.57
Jun 25	0.58
Jun 25	0.59
May 25	0.6
May 25	0.59
May 25	0.59
May 25	0.54
May 25	0.5
Apr 25	0.47
Apr 25	0.47
Apr 25	0.43
Apr 25	0.59
Mar 25	0.63
Mar 25	0.62
Mar 25	0.62
Mar 25	0.66
Feb 25	0.7
Feb 25	0.72
Feb 25	0.71
Feb 25	0.68
Jan 25	0.6
Jan 25	0.59
Jan 25	0.63
Jan 25	0.64
Dec 24	0.6
Dec 24	0.58
Dec 24	0.6
Dec 24	0.66
Nov 24	0.61
Nov 24	0.64
Nov 24	0.62
Nov 24	0.63
Nov 24	0.62
Oct 24	0.63
Oct 24	0.63
Oct 24	0.61

EV/EBITDA

3540.TWO EV/EBITDA by year
Period	EV/EBITDA
Sep 26	15.75
Sep 26	15.59
Sep 26	16.03
Aug 26	15.89
Aug 26	16.07
Aug 26	15.16
Aug 26	15.16
Jul 26	14.79
Jul 26	15.48
Jul 26	15.35
Jul 26	16.12
Jul 26	16.54
Jun 26	10.63
Jun 26	10.94
Jun 26	10.93
Jun 26	11.08
May 26	10.99
May 26	10.95
May 26	10.94
May 26	11.14
Apr 26	11.23
Apr 26	11.56
Apr 26	11.1
Apr 26	10.95
Apr 26	11.08
Mar 26	13.78
Mar 26	14.06
Mar 26	14.14
Mar 26	14.18
Feb 26	14.51
Feb 26	14.28
Feb 26	14.28
Jan 26	14.69
Jan 26	15.22
Jan 26	14.76
Jan 26	15.09
Jan 26	14.77
Dec 25	28.15
Dec 25	27.97
Dec 25	27.87
Dec 25	27.92
Nov 25	28.02
Nov 25	27.34
Nov 25	28.43
Nov 25	28.9
Oct 25	28.93
Oct 25	28.98
Oct 25	28.73
Oct 25	30.22
Oct 25	30.14
Sep 25	22.09
Sep 25	22.97
Sep 25	24.02
Sep 25	21.81
Aug 25	22.4
Aug 25	21.08
Aug 25	21.51
Aug 25	21.21
Aug 25	21.13
Jul 25	21.28
Jul 25	21.43
Jul 25	21.25
Jul 25	20.83
Jun 25	31.19
Jun 25	30.98
Jun 25	31.35
Jun 25	31.61
May 25	32.06
May 25	31.53
May 25	31.74
May 25	30.17
May 25	29.12
Apr 25	27.99
Apr 25	28.17
Apr 25	27.02
Apr 25	31.69
Mar 25	26.49
Mar 25	26.4
Mar 25	26.25
Mar 25	27.26
Feb 25	28.24
Feb 25	28.69
Feb 25	28.41
Feb 25	27.83
Jan 25	25.84
Jan 25	25.63
Jan 25	26.46
Jan 25	26.81
Dec 24	14.41
Dec 24	14.16
Dec 24	14.46
Dec 24	15.2
Nov 24	14.55
Nov 24	14.98
Nov 24	14.73
Nov 24	14.82
Nov 24	14.75
Oct 24	14.89
Oct 24	14.77
Oct 24	14.55

Price/Operating Cashflow

3540.TWO Price/Operating Cashflow by year
Period	Price/Operating Cashflow
Jun 26	46.81
Jun 26	50.36
Jun 26	50.16
Jun 26	51.9
May 26	50.83
May 26	50.46
May 26	50.36
May 26	52.57
Apr 26	53.54
Apr 26	57.29
Apr 26	52.1
Apr 26	50.46
Apr 26	51.9
Mar 26	22.97
Mar 26	23.93
Mar 26	24.22
Mar 26	24.34
Feb 26	25.46
Feb 26	24.68
Feb 26	24.68
Jan 26	26.08
Jan 26	27.9
Jan 26	26.33
Jan 26	27.45
Jan 26	26.37
Dec 25	8.49
Dec 25	8.39
Dec 25	8.33
Dec 25	8.36
Nov 25	8.42
Nov 25	8.04
Nov 25	8.64
Nov 25	8.91
Oct 25	8.92
Oct 25	8.95
Oct 25	8.81
Oct 25	9.64
Oct 25	9.6
Sep 25	61.48
Sep 25	65.68
Sep 25	70.72
Sep 25	60.13
Aug 25	62.99
Aug 25	56.63
Aug 25	58.69
Aug 25	57.26
Aug 25	56.89
Jul 25	57.61
Jul 25	58.32
Jul 25	57.44
Jul 25	55.47
Mar 24	7.71
Mar 24	7.85
Mar 24	8.62
Mar 24	8.57
Mar 24	7.35
Feb 24	6.77
Feb 24	7.12
Feb 24	6.77
Feb 24	6.92
Jan 24	6.61
Jan 24	6.52
Jan 24	6.57
Jan 24	7.03
Dec 23	7.12
Dec 23	4.34
Dec 23	4.11
Dec 23	4.11
Dec 23	4.09
Nov 23	3.7
Nov 23	3.62
Nov 23	3.53
Nov 23	3.51
Oct 23	3.55
Oct 23	3.35
Oct 23	3.74
Oct 23	3.73
Sep 23	3.65
Sep 23	5.58
Sep 23	5.78
Sep 23	5.62
Sep 23	5.75
Aug 23	6.02
Aug 23	6.32
Aug 23	6.13
Aug 23	6.58
Jul 23	7.35
Jul 23	7.59
Jul 23	8.33
Jul 23	7.35
Jun 23	6.99
Jun 23	28.78
Jun 23	28.45
Jun 23	31.89
Jun 23	30.48
May 23	31.01
May 23	25.89
May 23	25.74
May 23	23.48
Apr 23	23.98

Price to Book

3540.TWO Price to Book by year
Period	Price to Book
Sep 26	0.92
Sep 26	0.9
Sep 26	0.96
Aug 26	0.94
Aug 26	0.97
Aug 26	0.84
Aug 26	0.84
Jul 26	0.79
Jul 26	0.89
Jul 26	0.87
Jul 26	0.97
Jul 26	1.03
Jun 26	0.78
Jun 26	0.84
Jun 26	0.83
Jun 26	0.86
May 26	0.84
May 26	0.84
May 26	0.84
May 26	0.87
Apr 26	0.89
Apr 26	0.95
Apr 26	0.87
Apr 26	0.84
Apr 26	0.86
Mar 26	1.16
Mar 26	1.21
Mar 26	1.22
Mar 26	1.23
Feb 26	1.29
Feb 26	1.25
Feb 26	1.25
Jan 26	1.32
Jan 26	1.41
Jan 26	1.33
Jan 26	1.39
Jan 26	1.33
Dec 25	1.31
Dec 25	1.3
Dec 25	1.29
Dec 25	1.3
Nov 25	1.3
Nov 25	1.25
Nov 25	1.34
Nov 25	1.38
Oct 25	1.38
Oct 25	1.39
Oct 25	1.36
Oct 25	1.49
Oct 25	1.49
Sep 25	1.32
Sep 25	1.41
Sep 25	1.52
Sep 25	1.29
Aug 25	1.35
Aug 25	1.21
Aug 25	1.26
Aug 25	1.23
Aug 25	1.22
Jul 25	1.24
Jul 25	1.25
Jul 25	1.23
Jul 25	1.19
Jun 25	1.3
Jun 25	1.28
Jun 25	1.31
Jun 25	1.33
May 25	1.36
May 25	1.32
May 25	1.34
May 25	1.22
May 25	1.14
Apr 25	1.05
Apr 25	1.07
Apr 25	0.98
Apr 25	1.33
Mar 25	1.43
Mar 25	1.42
Mar 25	1.41
Mar 25	1.5
Feb 25	1.6
Feb 25	1.64
Feb 25	1.61
Feb 25	1.56
Jan 25	1.37
Jan 25	1.35
Jan 25	1.43
Jan 25	1.46
Dec 24	1.36
Dec 24	1.32
Dec 24	1.37
Dec 24	1.49
Nov 24	1.39
Nov 24	1.45
Nov 24	1.42
Nov 24	1.43
Nov 24	1.42
Oct 24	1.44
Oct 24	1.42
Oct 24	1.39

No video analysis for this stock yet. Request one from our team.

AI Analysis

Thermaltake Technology Co., Ltd.

Video analysis: 3540.TWO

Similar companies