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GigaCloud Technology Inc. GCT

TechnologySoftware - InfrastructureNASDAQ📅 Scored March 7, 2026
Price at analysis: $43.92
Crucible Score
71.2
B
Quality × Value Composite
KQI — Quality
69.2
B
Fundamental Quality Index
KVI — Value
73.7
B
Valuation Attractiveness Index
Crucible Verdict — GCT

GigaCloud Technology Inc. (GCT) presents a compelling growth story with an 83 Growth Profile score, though the company trades at a 19% discount to fair value despite solid fundamentals. The B-grade reflects strong execution under CEO Frank Xu's performance-driven leadership, offset by below-average market positioning and diversification metrics. GCT's valuation gap suggests the market hasn't fully recognized its growth trajectory.

— Kal, Kaladin Capital Intelligence

◆ KQI Quality Dimensions

Financial Quality
70.2
Growth Profile
82.8
Moat Durability
64.2
Management Effectiveness
69.7
Diversification & Resilience
57.0
Market Position
59.0
Weakest dimension: Diversification & Resilience (57.0)

◆ KVI Value Dimensions

DCF Margin of Safety
59.8
FCF Yield & Cash Returns
92.2
Relative Valuation
91.6
Growth-Adjusted Value
86.5
Historical Valuation
16.5
Macro Context
95.0

◆ DCF Valuation Scenarios

Bear Case
$28.41
Base Case
$52.18
Bull Case
$84.63
Price at Analysis
$43.92
ScenarioFair ValueRev CAGR (5yr)Terminal MarginWACC
🔴 Bear$28.418.0%11.0%16.8%
🟢 Base$52.1812.0%13.0%15.7%
🟢 Bull$84.6316.0%15.0%14.6%
Key Assumptions: GCT has shown explosive revenue growth from ~$414M to ~$1290M over 5 years (CAGR ~25%), with operating margins stabilizing around 11-16%. WACC is elevated at 14.6-16.8% reflecting the high beta of 2.23 with a 5.5% ERP. Capex intensity is very low (<1% of revenue) consistent with a software/infrastructure model, and FCF conversion from EBITDA is strong. Terminal margins reflect modest expansion from current levels given scale benefits, tempered by competitive pressures in infrastructure software.

◆ Financial Snapshot

Profitability

Gross Margin23.3%
Operating Margin11.2%
Net Margin10.6%
ROIC12.9%
ROE25.9%

Balance Sheet

Balance SheetCR: 2.02
Cash ConversionFCF/EPS: 1.33x
Capital IntensityCapex/Rev: 0.6%
Altman Z-Score3.68 (Safe)
Piotroski F-Score7/9 (Good)

Growth

Revenue CAGR32.8% CAGR
Earnings CAGR47.2% CAGR
Growth ConsistencyCV: 0.72
Segment Breadth4/4 growing (100%)
Quarterly TrendRev↑
Earnings CredibilityTends to Beat

◆ Revenue Breakdown — FY2025

By Segment

Product64.0%
Service31.8%
Packaging Service2.6%
Service, Other1.6%

By Geography

UNITED STATES72.5%
GERMANY13.8%
JAPAN8.6%
Others3.0%
HONG KONG2.2%
Total Revenue
$515.8M
Fiscal Year 2023

◆ Analyst Consensus & Leadership

Analyst Price Targets

Avg Target (Last Quarter)$0.00
Analysts Covering (Quarter)0
Avg Target (Last Year)$0.00
Analysts (Year)0

Leadership & Governance

CEOFrank Xu · 9 years
CEO Ownership73.2%
Compensation95% performance-based
Insider ActivitySelling
Capital AllocationROIC 12.9% vs WACC 0.0%
Earnings Beat Rate74% (15/22)

◆ Company Profile

GigaCloud Technology Inc. provides end-to-end B2B ecommerce solutions for large parcel merchandise.

CEO
Lei Wu
Employees
1561
Headquarters
El Monte, CN
IPO Date
August 18, 2022
Exchange
NASDAQ

◆ Related Companies in Our Universe

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ADBE81.8A-NICE80.7A-DECK79.9A-INTU79.9A-EXEL78.3A-MTCH78.2A-TTD78.0B+
MethodologyAll ScoresCrucible BriefsPerformance@KaladinCI

Analysis conducted March 7, 2026 based on most recent SEC filings. Updated quarterly, after new SEC filings.

Point-in-time fundamental analysis. Not investment advice. Scores reflect company quality and valuation at time of analysis and may not reflect current market conditions.

© 2026 Kaladin Capital Intelligence — Conviction Through Scrutiny