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Taiwanese (TAIEX) Materials Sector Analysis

UpdatedMay 19, 2024
DataAggregated Company Financials
Companies174
  • 7D0.7%
  • 3M2.7%
  • 1Y-6.3%
  • YTD-1.2%

Last week, the Materials industry hasn't moved much but Jinan Acetate Chemical is up 10.0% in that time. Unfortunately though, the industry is down 6.3% over the past 12 months. Earnings are forecast to grow by 42% annually.

Sector Valuation and Performance

Has the Taiwanese Materials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 20 May 2024NT$4.0tNT$3.0tNT$108.4b21.5x36.9x1.3x
Wed, 17 Apr 2024NT$3.9tNT$3.0tNT$101.0b22.1x38.9x1.3x
Fri, 15 Mar 2024NT$3.9tNT$3.0tNT$98.5b20.6x39.1x1.3x
Sun, 11 Feb 2024NT$3.9tNT$3.1tNT$75.9b20.4x50.8x1.3x
Tue, 09 Jan 2024NT$4.0tNT$3.1tNT$76.0b20.3x52.9x1.3x
Thu, 07 Dec 2023NT$4.1tNT$3.1tNT$76.0b20.3x53.3x1.3x
Sat, 04 Nov 2023NT$3.8tNT$3.1tNT$72.6b18.5x52.6x1.2x
Mon, 02 Oct 2023NT$3.9tNT$3.1tNT$72.3b18.9x53.5x1.2x
Wed, 30 Aug 2023NT$3.9tNT$3.1tNT$69.7b19.2x55.6x1.2x
Fri, 28 Jul 2023NT$4.1tNT$3.3tNT$130.3b20.1x31.5x1.2x
Sun, 25 Jun 2023NT$4.3tNT$3.3tNT$131.8b19.6x32.3x1.3x
Tue, 23 May 2023NT$4.2tNT$3.4tNT$177.3b16.6x24x1.2x
Thu, 20 Apr 2023NT$4.2tNT$3.5tNT$203.6b16.4x20.6x1.2x
Sat, 18 Mar 2023NT$4.1tNT$3.5tNT$209.5b15.8x19.7x1.2x
Mon, 13 Feb 2023NT$4.1tNT$3.7tNT$310.0b13.3x13.2x1.1x
Wed, 11 Jan 2023NT$4.0tNT$3.7tNT$310.0b12.9x13x1.1x
Fri, 09 Dec 2022NT$4.0tNT$3.7tNT$310.0b12.6x12.8x1.1x
Sun, 06 Nov 2022NT$3.7tNT$3.8tNT$390.4b10.9x9.4x1x
Tue, 04 Oct 2022NT$3.7tNT$3.8tNT$390.9b11.4x9.6x1x
Thu, 01 Sep 2022NT$4.0tNT$3.8tNT$392.0b12x10.2x1.1x
Sat, 30 Jul 2022NT$3.9tNT$3.7tNT$432.4b12.1x9.1x1.1x
Mon, 27 Jun 2022NT$4.3tNT$3.7tNT$432.5b12x10x1.2x
Wed, 25 May 2022NT$4.4tNT$3.7tNT$432.4b13.1x10.2x1.2x
Fri, 22 Apr 2022NT$4.8tNT$3.6tNT$446.7b14.7x10.8x1.3x
Sun, 20 Mar 2022NT$4.9tNT$3.6tNT$439.5b14.2x11.1x1.4x
Tue, 15 Feb 2022NT$4.7tNT$3.4tNT$420.8b14.5x11.2x1.4x
Thu, 13 Jan 2022NT$4.7tNT$3.4tNT$420.8b14.4x11.3x1.4x
Sat, 11 Dec 2021NT$4.6tNT$3.4tNT$420.8b14.7x11x1.4x
Mon, 08 Nov 2021NT$4.6tNT$3.2tNT$398.7b15x11.6x1.4x
Wed, 06 Oct 2021NT$4.8tNT$3.1tNT$376.8b15x12.6x1.5x
Fri, 03 Sep 2021NT$4.7tNT$3.1tNT$376.8b15.5x12.5x1.5x
Sun, 01 Aug 2021NT$4.8tNT$3.1tNT$376.8b16.4x12.8x1.5x
Price to Earnings Ratio

16.9x


Total Market Cap: NT$4.7tTotal Earnings: NT$278.8bTotal Revenue: NT$2.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Materials Sector Price to Earnings3Y Average 23.5x202220232024
Current Industry PE
  • Investors are optimistic on the Taiwanese Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 36.9x which is higher than its 3-year average PE of 23.4x.
  • The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 27% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.3% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Taiwanese Materials sector?

TW Market2.50%
Materials0.71%
Metals and Mining2.11%
Paper and Forestry Products1.20%
Basic Materials0.37%
Chemicals0.35%
Packaging-2.95%
Industry PE
  • Investors are most optimistic about the Paper and Forestry Products industry which is trading above its 3-year average PE ratio of 41.2x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Basic Materials industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 16.1x.
Forecasted Growth
  • Analysts are most optimistic on the Metals and Mining industry, expecting annual earnings growth of 49% over the next 5 years.
  • This is better than its past earnings growth rate of 6.0% per year.
  • In contrast, the Packaging industry is expected to see its earnings grow by 7.4% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
4763 Jinan Acetate ChemicalNT$861.0010.0%
+NT$6.7b		70.0%PE10.9x
9958 Century Iron and Steel IndustrialLtdNT$252.5012.5%
+NT$6.7b		157.7%PE36.5x
1101 Taiwan CementNT$33.901.8%
+NT$4.5b		-10.4%PE31.1x
2504 Goldsun Building MaterialsNT$50.207.4%
+NT$4.1b		74.6%PE16.8x
2002 China SteelNT$25.051.0%
+NT$3.8b		-15.4%PE128.2x
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7.4%

1Y

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NT$25.05

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1.0%

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1102

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-3.0%

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0.2%

1101

NT$33.90

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1.8%

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-10.4%

9958

NT$252.50

Century Iron and Steel IndustrialLtd

7D

12.5%

1Y

157.7%

4763

NT$861.00

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7D

10.0%

1Y

70.0%

9939

NT$160.50

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-8.5%

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58.1%

2027

NT$37.95

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7D

2.2%

1Y

1.0%

2006

NT$69.00

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7D

-2.1%

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21.1%

1104

NT$33.30

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7D

-4.7%

1Y

25.9%

2023

NT$16.20

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7D

5.5%

1Y

5.5%

6959

NT$116.00

Ion Electronic Materials

7D

-21.1%

1Y

n/a

1303

NT$56.50

Nan Ya Plastics

7D

-0.9%

1Y

-29.9%

1301

NT$68.30

Formosa Plastics

7D

-0.4%

1Y

-27.3%

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NT$166.50

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7D

-6.5%

1Y

122.0%