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Taiwanese (TAIEX) IT Industry Analysis

UpdatedMay 18, 2024
DataAggregated Company Financials
Companies29
  • 7D-0.2%
  • 3M-0.2%
  • 1Y7.0%
  • YTD1.0%

Over the last 7 days, the IT industry has dropped 3.3%, driven by eCloudvalley Digital Technology declining 8.5%. This takes the industry's 12 month performance to a gain of 7.0%. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

Has the Taiwanese IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 18 May 2024NT$148.0bNT$125.0bNT$7.0b19.1x21.3x1.2x
Mon, 15 Apr 2024NT$151.5bNT$122.0bNT$6.7b20.1x22.6x1.2x
Wed, 13 Mar 2024NT$150.5bNT$119.2bNT$6.6b19.9x22.6x1.3x
Fri, 09 Feb 2024NT$144.1bNT$111.8bNT$6.7b19.5x21.6x1.3x
Sun, 07 Jan 2024NT$136.8bNT$110.2bNT$6.6b19.2x20.9x1.2x
Tue, 05 Dec 2023NT$132.4bNT$110.2bNT$6.6b19.6x20.2x1.2x
Thu, 02 Nov 2023NT$120.2bNT$108.3bNT$6.4b17.3x18.9x1.1x
Sat, 30 Sep 2023NT$124.8bNT$108.3bNT$6.4b18.1x19.6x1.2x
Mon, 28 Aug 2023NT$123.2bNT$108.3bNT$6.4b18.4x19.4x1.1x
Wed, 26 Jul 2023NT$142.5bNT$105.3bNT$5.7b23.5x25.1x1.4x
Fri, 23 Jun 2023NT$134.5bNT$105.3bNT$5.7b22.5x23.7x1.3x
Sun, 21 May 2023NT$134.2bNT$103.4bNT$5.4b24.5x24.7x1.3x
Tue, 18 Apr 2023NT$124.0bNT$103.0bNT$5.4b20.5x23.2x1.2x
Thu, 16 Mar 2023NT$119.5bNT$105.8bNT$5.7b18x21.1x1.1x
Sat, 11 Feb 2023NT$109.2bNT$103.9bNT$5.6b15.7x19.4x1.1x
Mon, 09 Jan 2023NT$99.9bNT$103.8bNT$5.7b13.2x17.7x1x
Wed, 07 Dec 2022NT$92.7bNT$103.8bNT$5.7b13.7x16.4x0.9x
Fri, 04 Nov 2022NT$86.4bNT$102.7bNT$5.4b13.3x15.9x0.8x
Sun, 02 Oct 2022NT$94.2bNT$102.7bNT$5.5b14.7x17.2x0.9x
Tue, 30 Aug 2022NT$101.3bNT$102.7bNT$5.5b14.7x18.5x1x
Thu, 28 Jul 2022NT$99.1bNT$100.9bNT$5.4b17.7x18.3x1x
Sat, 25 Jun 2022NT$104.5bNT$100.9bNT$5.4b17.6x19.3x1x
Mon, 23 May 2022NT$107.3bNT$100.7bNT$5.4b17.7x20x1.1x
Wed, 20 Apr 2022NT$111.5bNT$100.2bNT$5.6b16.6x20x1.1x
Fri, 18 Mar 2022NT$108.2bNT$99.6bNT$5.4b18.5x19.9x1.1x
Sun, 13 Feb 2022NT$113.6bNT$97.1bNT$5.4b16x20.8x1.2x
Tue, 11 Jan 2022NT$114.1bNT$97.1bNT$5.4b16.1x21x1.2x
Thu, 09 Dec 2021NT$117.5bNT$97.1bNT$5.4b15.9x21.6x1.2x
Sat, 06 Nov 2021NT$121.6bNT$92.9bNT$5.5b14.3x22x1.3x
Mon, 04 Oct 2021NT$115.4bNT$92.8bNT$5.5b14.5x21x1.2x
Wed, 01 Sep 2021NT$114.4bNT$92.8bNT$5.5b15.6x20.8x1.2x
Thu, 08 Jul 2021NT$119.9bNT$92.8bNT$5.5b16.8x21.8x1.3x
Price to Earnings Ratio

17.3x


Total Market Cap: NT$104.3bTotal Earnings: NT$6.0bTotal Revenue: NT$90.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese IT Industry Price to Earnings3Y Average 20.3x202220232024
Current Industry PE
  • Investors are relatively neutral on the Taiwanese IT industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 20.3x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 4.9% per year over the last three years.
  • Revenues for these companies have grown 12% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Taiwanese Tech industry?

TW Market2.50%
Tech3.21%
IT-0.21%
Data Processing Services3.26%
Internet Services and Infrastructure0.23%
IT Consulting-0.31%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry, which is trading close to its 3-year average PE ratio of 35.1x.
    • Analysts are expecting annual earnings growth of 17.0%, which is lower than the prior year's growth of 19.8% per year.
  • Investors are most pessimistic about the IT Consulting industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 16.8x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 17% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the IT Consulting industry is expected to see its earnings grow by 15% 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
6214 SystexNT$125.001.6%
+NT$501.8m		31.9%PE18.5x
2453 Syscom Computer EngineeringNT$61.706.9%
+NT$400.0m		-8.0%PE22.1x
8099 Tatung System TechnologiesNT$67.904.1%
+NT$239.1m		34.2%PE32x
7714 Uniforce TechnologyNT$142.505.2%
+NT$113.4m		n/an/a
6690 Acer Cyber SecurityNT$175.502.0%
+NT$77.4m		-4.6%PE19.7x
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Latest News

6112

NT$58.50

Metaage

7D

-4.6%

1Y

-15.7%

5403

NT$123.00

Dimerco Data System

7D

0.4%

1Y

22.4%

2453

NT$61.70

Syscom Computer Engineering

7D

6.9%

1Y

-8.0%

6183

NT$74.00

Trade-Van Information Services

7D

0.5%

1Y

15.4%

6214

NT$125.00

Systex

7D

1.6%

1Y

31.9%

6486

NT$92.60

Interactive Digital Technologies

7D

-1.5%

1Y

27.0%

6690

NT$175.50

Acer Cyber Security

7D

2.0%

1Y

-4.6%

6751

NT$64.50

Acer Synergy Tech

7D

1.1%

1Y

-45.3%

8099

NT$67.90

Tatung System Technologies

7D

4.1%

1Y

34.2%

6689

NT$93.80

eCloudvalley Digital Technology

7D

-3.7%

1Y

-36.4%

6811

NT$270.00

Acer E-Enabling Service Business

7D

-0.7%

1Y

1.7%

2427

NT$27.50

Mercuries Data Systems

7D

-5.5%

1Y

21.1%

Mercuries Data Systems Ltd.'s (TWSE:2427) 28% Jump Shows Its Popularity With Investors

Apr 18
Mercuries Data Systems Ltd.'s (TWSE:2427) 28% Jump Shows Its Popularity With Investors

7714

NT$142.50

Uniforce Technology

7D

5.2%

1Y

n/a

3147

NT$130.50

Jetwell Computer

7D

-4.0%

1Y

103.9%

4953

NT$133.50

Wistron Information Technology and Services

7D

-1.1%

1Y

14.6%

6874

NT$108.00

M-POWER INFORMATION

7D

-4.4%

1Y

-35.7%