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Taiwanese (TAIEX) Market Analysis & Valuation

UpdatedOct 09, 2024
DataAggregated Company Financials
Companies2183
  • 7D0.9%
  • 3M-5.7%
  • 1Y35.3%
  • YTD25.1%

Over the last 7 days, the market has risen 2.0%, driven by gains of 3.4% in the Information Technology sector. As for the past 12 months, the market is up 36%. Looking forward, earnings are forecast to grow by 19% annually.

Trending IndustriesBiotechSoftwareRenewable Energy

Market Valuation and Performance

Has the Taiwanese Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 09 Oct 2024NT$80.0tNT$42.9tNT$3.5t21.5x23x1.9x
Fri, 06 Sep 2024NT$75.0tNT$42.8tNT$3.5t20.7x21.6x1.8x
Sun, 04 Aug 2024NT$76.3tNT$41.7tNT$3.3t22.5x23.3x1.8x
Tue, 02 Jul 2024NT$81.3tNT$41.4tNT$3.2t23.1x25.5x2x
Thu, 30 May 2024NT$76.2tNT$41.5tNT$3.2t22.7x24.1x1.8x
Sat, 27 Apr 2024NT$70.9tNT$41.1tNT$2.9t23.2x24.2x1.7x
Mon, 25 Mar 2024NT$71.3tNT$41.0tNT$2.9t22.7x24.5x1.7x
Wed, 21 Feb 2024NT$65.9tNT$41.2tNT$2.8t21.7x23.8x1.6x
Fri, 19 Jan 2024NT$60.8tNT$41.2tNT$2.8t20.6x21.6x1.5x
Sun, 17 Dec 2023NT$62.3tNT$41.2tNT$2.8t21.2x22.1x1.5x
Tue, 14 Nov 2023NT$58.8tNT$41.6tNT$2.9t19.4x20.1x1.4x
Thu, 12 Oct 2023NT$58.6tNT$42.0tNT$3.1t19.2x19.2x1.4x
Sat, 09 Sep 2023NT$58.2tNT$41.8tNT$3.1t19.5x19.1x1.4x
Mon, 07 Aug 2023NT$59.1tNT$42.7tNT$3.2t18.9x18.2x1.4x
Wed, 05 Jul 2023NT$60.3tNT$43.0tNT$3.4t19x17.6x1.4x
Fri, 02 Jun 2023NT$58.0tNT$42.9tNT$3.5t17.9x16.7x1.4x
Sun, 30 Apr 2023NT$54.9tNT$43.3tNT$4.0t16.7x13.9x1.3x
Tue, 28 Mar 2023NT$55.5tNT$43.2tNT$4.0t15.7x13.8x1.3x
Thu, 23 Feb 2023NT$54.1tNT$44.3tNT$4.5t14.7x11.9x1.2x
Sat, 21 Jan 2023NT$52.0tNT$44.4tNT$4.6t13.4x11.3x1.2x
Mon, 19 Dec 2022NT$50.7tNT$44.2tNT$4.5t13.4x11.3x1.1x
Wed, 16 Nov 2022NT$50.5tNT$44.8tNT$4.5t13.2x11.1x1.1x
Fri, 14 Oct 2022NT$44.6tNT$43.9tNT$4.5t12.8x9.8x1x
Sun, 11 Sep 2022NT$51.1tNT$43.9tNT$4.5t14.5x11.3x1.2x
Tue, 09 Aug 2022NT$52.1tNT$44.2tNT$4.7t14.4x11.2x1.2x
Thu, 07 Jul 2022NT$48.2tNT$43.5tNT$4.5t13.7x10.8x1.1x
Sat, 04 Jun 2022NT$57.2tNT$43.0tNT$4.5t15.3x12.8x1.3x
Mon, 02 May 2022NT$57.2tNT$42.8tNT$4.4t15.9x13x1.3x
Wed, 30 Mar 2022NT$60.7tNT$41.9tNT$4.3t16.6x14.1x1.4x
Fri, 25 Feb 2022NT$60.9tNT$42.2tNT$4.1t16.8x14.9x1.4x
Sun, 23 Jan 2022NT$61.8tNT$41.9tNT$4.0t16.9x15.5x1.5x
Tue, 21 Dec 2021NT$61.2tNT$41.8tNT$4.0t17x15.4x1.5x
Thu, 18 Nov 2021NT$61.2tNT$42.0tNT$4.0t16.8x15.4x1.5x
Sat, 16 Oct 2021NT$57.3tNT$40.8tNT$3.6t16x15.9x1.4x
Price to Earnings Ratio

15.9x


Total Market Cap: NT$57.3tTotal Earnings: NT$3.6tTotal Revenue: NT$40.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Taiwanese Market Price to Earnings3Y Average 17x202220232024
Current Market PE
  • Investors are optimistic on the Taiwanese market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 23.1x which is higher than its 3-year average PE of 17.0x.
Past Earnings Growth
  • Both revenue and earnings for Taiwanese listed companies have remained mostly flat over the last three years.
  • This means sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Sector Trends

Which sectors have driven the changes within the Taiwanese Market?

TW Market0.85%
Energy3.62%
Tech2.18%
Financials0.013%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Real Estate-1.09%
Consumer Staples-1.16%
Healthcare-1.55%
Consumer Discretionary-1.67%
Materials-1.76%
Utilities-2.14%
Industrials-2.99%
Telecom-3.10%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 165x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 55.8%, which is higher than its past year's earnings growth of 4.6% per year.
  • The Financials sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 14.4x.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate sector, expecting annual earnings growth of 100% over the next 5 years.
  • This is better than its past earnings growth rate of 65% per year.
  • In contrast, the Financials industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
2330 Taiwan Semiconductor ManufacturingNT$1.01k3.9%
+NT$985.4b		89.8%PE28.4xTech
2317 Hon Hai Precision IndustryNT$194.003.7%
+NT$97.0b		83.9%PE17.5xTech
6415 SilergyNT$547.0014.0%
+NT$26.5b		83.2%PE166.2xTech
2454 MediaTekNT$1.23k1.2%
+NT$23.9b		55.9%PE19.3xTech
6505 Formosa PetrochemicalNT$54.203.6%
+NT$18.1b		-30.9%PE19.6xEnergy
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Market Insights

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🏦 Making Sense of the Financial Sector - Part 1

Richard Bowman avatar
Richard Bowman
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5 comments

In last week’s third-quarter review, we mentioned that financial sector stocks are showing signs of life and beginning to outperform. In the era of ‘easy money’, cloud computing, and AI, the financial sector has taken a back seat for a lot of investors...

Continue reading

🎢 Another Eventful 3 Months - The Sectors That Excelled In Q3
Last Week

🎢 Another Eventful 3 Months - The Sectors That Excelled In Q3

Latest News

2454

NT$1,225.00

MediaTek

7D

1.2%

1Y

55.9%

Investors Should Be Encouraged By MediaTek's (TWSE:2454) Returns On Capital

Oct 08
Investors Should Be Encouraged By MediaTek's (TWSE:2454) Returns On Capital

2603

NT$189.00

Evergreen Marine Corporation (Taiwan)

7D

-7.6%

1Y

70.3%

6669

NT$1,745.00

Wiwynn

7D

-0.6%

1Y

5.1%

6415

NT$547.00

Silergy

7D

14.0%

1Y

83.2%

Silergy Corp.'s (TWSE:6415) 33% Jump Shows Its Popularity With Investors

Oct 07
Silergy Corp.'s (TWSE:6415) 33% Jump Shows Its Popularity With Investors

2412

NT$122.50

Chunghwa Telecom

7D

-2.8%

1Y

6.1%

2317

NT$194.00

Hon Hai Precision Industry

7D

3.7%

1Y

83.9%

If EPS Growth Is Important To You, Hon Hai Precision Industry (TWSE:2317) Presents An Opportunity

Oct 01
If EPS Growth Is Important To You, Hon Hai Precision Industry (TWSE:2317) Presents An Opportunity

2207

NT$656.00

Hotai MotorLtd

7D

-5.6%

1Y

4.5%

Hotai MotorLtd (TWSE:2207) Looks To Prolong Its Impressive Returns

Sep 30
Hotai MotorLtd (TWSE:2207) Looks To Prolong Its Impressive Returns

6505

NT$54.20

Formosa Petrochemical

7D

3.6%

1Y

-30.9%

Formosa Petrochemical (TWSE:6505) Seems To Use Debt Rather Sparingly

Sep 30
Formosa Petrochemical (TWSE:6505) Seems To Use Debt Rather Sparingly

2609

NT$63.50

Yang Ming Marine Transport

7D

-9.9%

1Y

41.1%

Rainbows and Unicorns: Yang Ming Marine Transport Corporation (TWSE:2609) Analysts Just Became A Lot More Optimistic

Sep 29
Rainbows and Unicorns: Yang Ming Marine Transport Corporation (TWSE:2609) Analysts Just Became A Lot More Optimistic

3008

NT$2,475.00

LARGAN PrecisionLtd

7D

-5.7%

1Y

18.4%

There Is A Reason LARGAN Precision Co.,Ltd's (TWSE:3008) Price Is Undemanding

Sep 29
There Is A Reason LARGAN Precision Co.,Ltd's (TWSE:3008) Price Is Undemanding

3293

NT$952.00

International Games SystemLtd

7D

-6.7%

1Y

200.8%

2615

NT$85.50

Wan Hai Lines

7D

-13.8%

1Y

82.1%

Even With A 31% Surge, Cautious Investors Are Not Rewarding Wan Hai Lines Ltd.'s (TWSE:2615) Performance Completely

Sep 26
Even With A 31% Surge, Cautious Investors Are Not Rewarding Wan Hai Lines Ltd.'s (TWSE:2615) Performance Completely

2330

NT$1,010.00

Taiwan Semiconductor Manufacturing

7D

3.9%

1Y

89.8%

3653

NT$1,460.00

Jentech Precision Industrial

7D

8.1%

1Y

131.7%

Why We Like The Returns At Jentech Precision Industrial (TWSE:3653)

Sep 08
Why We Like The Returns At Jentech Precision Industrial (TWSE:3653)

1301

NT$50.80

Formosa Plastics

7D

-4.2%

1Y

-35.5%

Investors Still Waiting For A Pull Back In Formosa Plastics Corporation (TWSE:1301)

Sep 07
Investors Still Waiting For A Pull Back In Formosa Plastics Corporation (TWSE:1301)

3529

NT$2,965.00

eMemory Technology

7D

8.2%

1Y

37.3%