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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
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
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
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
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
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.
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
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
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
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
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
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
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
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
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
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