Header cover image

Taiwanese (TAIEX) Utilities Sector Analysis

UpdatedMay 19, 2024
DataAggregated Company Financials
Companies16
  • 7D-1.7%
  • 3M4.1%
  • 1Y1.3%
  • YTD10.8%

Over the last 7 days, the Utilities industry has dropped 1.7%, driven by a pullback from J&V Energy Technology of 9.7%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 36% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 20 May 2024NT$177.0bNT$54.9bNT$6.9b22.1x25.7x3.2x
Wed, 17 Apr 2024NT$186.5bNT$52.7bNT$7.3b22.7x25.6x3.5x
Fri, 15 Mar 2024NT$180.9bNT$54.0bNT$7.6b21.3x23.8x3.3x
Sun, 11 Feb 2024NT$157.9bNT$51.4bNT$7.4b20.9x21.4x3.1x
Tue, 09 Jan 2024NT$154.4bNT$51.4bNT$7.4b19.3x20.9x3x
Thu, 07 Dec 2023NT$154.0bNT$51.4bNT$7.4b19.4x20.9x3x
Sat, 04 Nov 2023NT$151.7bNT$48.2bNT$7.2b18.3x21x3.1x
Mon, 02 Oct 2023NT$156.1bNT$49.2bNT$7.3b17.2x21.5x3.2x
Wed, 30 Aug 2023NT$151.6bNT$48.2bNT$7.2b19x21x3.1x
Fri, 28 Jul 2023NT$162.4bNT$45.3bNT$5.9b24.8x27.4x3.6x
Sun, 25 Jun 2023NT$170.1bNT$44.9bNT$5.9b22.5x28.8x3.8x
Tue, 23 May 2023NT$160.2bNT$44.3bNT$5.3b26.3x30.3x3.6x
Thu, 20 Apr 2023NT$161.6bNT$43.6bNT$5.3b25.5x30.5x3.7x
Sat, 18 Mar 2023NT$150.5bNT$42.4bNT$5.4b20.6x28x3.5x
Mon, 13 Feb 2023NT$144.8bNT$41.0bNT$4.7b27.2x30.5x3.5x
Wed, 11 Jan 2023NT$134.8bNT$41.0bNT$4.7b22.4x28.4x3.3x
Fri, 09 Dec 2022NT$129.1bNT$41.0bNT$4.7b21.3x27.2x3.1x
Sun, 06 Nov 2022NT$121.5bNT$39.4bNT$4.1b31x29.9x3.1x
Tue, 04 Oct 2022NT$128.0bNT$39.4bNT$4.1b30.6x31.5x3.2x
Thu, 01 Sep 2022NT$136.0bNT$39.4bNT$4.1b31.7x33.5x3.5x
Sat, 30 Jul 2022NT$133.8bNT$35.9bNT$4.5b24.9x29.6x3.7x
Mon, 27 Jun 2022NT$137.8bNT$35.9bNT$4.5b25.8x30.5x3.8x
Wed, 25 May 2022NT$131.2bNT$35.9bNT$4.5b25.1x29x3.7x
Fri, 22 Apr 2022NT$140.2bNT$34.4bNT$4.9b23.8x28.6x4.1x
Sun, 20 Mar 2022NT$133.4bNT$34.1bNT$4.8b23x27.6x3.9x
Tue, 15 Feb 2022NT$126.2bNT$32.6bNT$4.9b22.6x25.7x3.9x
Thu, 13 Jan 2022NT$109.4bNT$29.5bNT$4.4b21.9x25x3.7x
Sat, 11 Dec 2021NT$109.3bNT$29.5bNT$4.4b22x25x3.7x
Mon, 08 Nov 2021NT$110.8bNT$28.7bNT$4.4b20.8x25.1x3.9x
Wed, 06 Oct 2021NT$112.4bNT$29.2bNT$4.5b20.8x24.8x3.9x
Fri, 03 Sep 2021NT$109.3bNT$29.2bNT$4.5b20.1x24.1x3.7x
Sun, 01 Aug 2021NT$107.5bNT$29.2bNT$4.5b19.6x23.7x3.7x
Price to Earnings Ratio

21.9x


Total Market Cap: NT$101.2bTotal Earnings: NT$4.6bTotal Revenue: NT$29.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Utilities Sector Price to Earnings3Y Average 26.3x202220232024
Current Industry PE
  • Investors are relatively neutral on the Taiwanese Utilities 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 26.3x.
  • The industry is trading close to its 3-year average PS ratio of 3.5x.
Past Earnings Growth
  • The earnings for companies in the Utilities industry have grown 14% per year over the last three years.
  • Revenues for these companies have grown 23% 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 Utilities sector?

TW Market2.50%
Utilities-1.75%
Gas Utilities0.66%
Electric Utilities0%
Other Utilities0%
Water Utilities-3.02%
Renewable Energy-3.04%
Industry PE
  • Investors are most optimistic about the Renewable Energy industry, which is trading close to its 3-year average PE ratio of 30.2x.
    • Analysts are expecting annual earnings growth of 36.3%, which is higher than its past year's earnings growth of 21.4% per year.
  • Investors are most pessimistic about the Water Utilities industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 14.3x.
Forecasted Growth
  • Analysts are most optimistic on the Renewable Energy industry, expecting annual earnings growth of 36% over the next 5 years.
  • This is better than its past earnings growth rate of 21% per year.
  • In contrast, the Renewable Energy industry is expected to see its earnings grow by 36% 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
8926 Taiwan CogenerationNT$46.402.5%
+NT$839.8m		-3.4%PE38.4x
9926 Shin Hai GasNT$55.702.2%
+NT$215.4m		2.6%PE21.7x
9931 Hsin Kao GasLtdNT$36.802.9%
+NT$126.4m		-3.8%PE22.6x
9918 Shin Shin Natural GasNT$42.001.3%
+NT$97.9m		-0.6%PE19.4x
8917 Hsin Tai GasNT$59.200.3%
+NT$32.5m		-14.8%PE25.3x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

6873

NT$163.00

HD Renewable Energy

7D

-7.1%

1Y

18.5%

8917

NT$59.20

Hsin Tai Gas

7D

0.3%

1Y

-14.8%

8931

NT$52.10

Ta-Yuan Cogeneration

7D

-0.6%

1Y

-22.4%

9918

NT$42.00

Shin Shin Natural Gas

7D

1.3%

1Y

-0.6%

6771

NT$74.60

Ping Ho Environmental Technology

7D

-5.4%

1Y

17.5%

6869

NT$140.00

J&V Energy Technology

7D

-9.7%

1Y

27.9%

8908

NT$54.80

ShinHsiung Natural Gas

7D

-0.5%

1Y

-14.0%

9908

NT$32.45

Great Taipei Gas

7D

0.2%

1Y

-1.1%

6806

NT$121.00

Shinfox Energy

7D

-4.3%

1Y

13.6%

8435

NT$71.30

Zimmite Taiwan

7D

-0.6%

1Y

13.9%

9926

NT$55.70

Shin Hai Gas

7D

2.2%

1Y

2.6%

8926

NT$46.40

Taiwan Cogeneration

7D

2.5%

1Y

-3.4%

9931

NT$36.80

Hsin Kao GasLtd

7D

2.9%

1Y

-3.8%

7590

NT$22.25

YIHO International

7D

-1.1%

1Y

-8.2%