Top Taiwanese (TAIEX) Growth Stocks

Top Taiwanese (TAIEX) Growth Stocks

UPDATED Jun 29, 2022

What are the best Taiwanese (TAIEX) Growth Stocks?

According to our Simply Wall St analysis these are the best Taiwanese growth companies. We look for companies with high forecasted growth and healthy balance sheets that can deliver sustained growth over the long term.

Our criteria to find Top Growth Companies

Growth

  • Companies with sustained revenue growth that outperforms the market are attractive to investors. These companies are most likely to appreciate in share price over time.

What do we look for?

  • Is the company forecast to have high earnings growth.

Healthy Balance Sheet

  • A healthy balance sheet is essential to drive growth opportunities and sustain the business.
  • Repayments on debt take precedence over other initiatives to improve shareholder returns, so investors want to make sure the company is comfortably positioned to cover its debts.

What do we look for?

  • Does the company have a manageable level of debt.
  • Is the company able to cover its interest repayments.

19 companies meet this criteria in the Taiwanese market

momo.com Inc. engages in the TV and radio production, radio and TV program distribution, radio and TV advertising, issuing of magazine, and retailing businesses in Taiwan and internationally.

Growth Criteria

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings: 8454's earnings are expected to grow significantly over the next 3 years.

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

See Full Stock Report

Rewards

  • Trading at 23.6% below our estimate of its fair value

  • Earnings are forecast to grow 22.1% per year

  • Earnings grew by 45.7% over the past year

Risks

  • Highly volatile share price over the past 3 months

View all Risks and Rewards

WinWay Technology Co., Ltd. designs, manufactures, processes, and sells optoelectronic product test fixtures, integrated circuit test interfaces, and fixtures and their components in Taiwan, the United States, China, Europe, Canada, and Asia.

Growth Criteria

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings: 6515's earnings are expected to grow significantly over the next 3 years.

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

See Full Stock Report

Rewards

  • Trading at 44.4% below our estimate of its fair value

  • Earnings are forecast to grow 22.56% per year

  • Earnings have grown 14.6% per year over the past 5 years

Risks

  • Volatile share price over the past 3 months

View all Risks and Rewards

Egis Technology Inc. engages in the IC design, research and development, testing, and sale of capacitive and lens type fingerprint sensors in Taiwan, Asia, and the United States.

Growth Criteria

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings: 6462 is expected to become profitable in the next 3 years.

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

See Full Stock Report

Rewards

  • Trading at 24.6% below our estimate of its fair value

  • Earnings are forecast to grow 172.62% per year

Risks

No risks detected for 6462 from our risks checks.

View all Risks and Rewards

Century Iron and Steel Industrial Co.,Ltd.

Growth Criteria

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings: 9958's earnings are expected to grow significantly over the next 3 years.

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

See Full Stock Report

Rewards

  • Trading at 46.1% below our estimate of its fair value

  • Earnings are forecast to grow 40.73% per year

  • Earnings have grown 56.4% per year over the past 5 years

Risks

  • Debt is not well covered by operating cash flow

  • High level of non-cash earnings

View all Risks and Rewards

PharmaEngine, Inc., a biopharmaceutical company, engages in the development of drugs and therapeutic drugs for treating cancer in Taiwan and Europe.

Growth Criteria

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings: 4162's earnings are expected to grow significantly over the next 3 years.

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

See Full Stock Report

Rewards

  • Trading at 9.6% below our estimate of its fair value

  • Earnings are forecast to grow 22.01% per year

Risks

  • Volatile share price over the past 3 months

View all Risks and Rewards

Aerospace Industrial Development Corporation engages in the development, manufacturing, integration, assembly, and testing and verification of aircraft systems and parts in Taiwan and internationally.

Growth Criteria

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings: 2634's earnings are expected to grow significantly over the next 3 years.

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

See Full Stock Report

Rewards

  • Price-To-Earnings ratio (29.7x) is below the Aerospace & Defense industry average (37x)

  • Earnings are forecast to grow 56.48% per year

  • Earnings grew by 1220.4% over the past year

Risks

  • Volatile share price over the past 3 months

  • Has a high level of debt

View all Risks and Rewards

Eurocharm Holdings Co., Ltd. manufactures and sells automotive components, motorcycle parts, and medical equipment in Taiwan and internationally.

Growth Criteria

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings: 5288's earnings are expected to grow significantly over the next 3 years.

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

See Full Stock Report

Rewards

  • Price-To-Earnings ratio (17.4x) is below the Auto Components industry average (19.6x)

  • Earnings are forecast to grow 28.15% per year

  • Earnings have grown 7.6% per year over the past 5 years

Risks

  • High level of non-cash earnings

View all Risks and Rewards

TSEC Corporation engages in the design, manufacture, and sale of solar cells and modules in Taiwan, Japan, the United States, Europe, China, and internationally.

Growth Criteria

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings: 6443's earnings are expected to grow significantly over the next 3 years.

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

See Full Stock Report

Rewards

  • Trading at 95.4% below our estimate of its fair value

  • Earnings are forecast to grow 93.55% per year

Risks

  • Interest payments are not well covered by earnings

  • Profit margins (1%) are lower than last year (3.7%)

  • Volatile share price over the past 3 months

View all Risks and Rewards
Page 1 of 3