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Top Taiwanese (TAIEX) Growth Stocks
UPDATED Aug 13, 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.
12 companies meet this criteria in the Taiwanese market
Universal Vision Biotechnology Co., Ltd. operates a chain of eye care clinics in Taiwan and China.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: 3218's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Trading at 63.3% below our estimate of its fair value
Earnings are forecast to grow 30.76% per year
Earnings grew by 29.3% over the past year
Risks
No risks detected for 3218 from our risks checks.
E Ink Holdings Inc. researches, develops, manufactures, and sells electronic paper display panels worldwide.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: 8069's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Trading at 60.9% below our estimate of its fair value
Earnings are forecast to grow 37.08% per year
Earnings grew by 36.7% over the past year
Risks
Volatile share price over the past 3 months
Argosy Research Inc. produces and sells electronic connectors and system products.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: 3217's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Trading at 64.6% below our estimate of its fair value
Earnings are forecast to grow 33.39% per year
Earnings have grown 24% per year over the past 5 years
Risks
No risks detected for 3217 from our risks checks.
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 (28.6x) is below the Aerospace & Defense industry average (29.8x)
Earnings are forecast to grow 54.41% per year
Earnings grew by 409% over the past year
Risks
Has a high level of debt
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 49.2% 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
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 (16.6x) is below the Auto Components industry average (19.4x)
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
King's Town Bank Co., Ltd., together with its subsidiaries, provides various personal and corporate banking products and services in Taiwan.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: 2809's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Trading at 48.4% below our estimate of its fair value
Earnings are forecast to grow 35.05% per year
Risks
High level of non-cash earnings
Foresee Pharmaceuticals Co., Ltd., a clinical-stage pharmaceutical company, engages in the development and commercialization of drugs in the United States, China, and Europe.
Growth Criteria
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings: 6576 is expected to become profitable in the next 3 years.
Revenue vs Market
High Growth Revenue
Future ROE
Rewards
Trading at 93.7% below our estimate of its fair value
Earnings are forecast to grow 109.56% per year
Risks
No risks detected for 6576 from our risks checks.